Ex-Commanders owner Dan Snyder gifts Maryland estate to charity
Former Commanders Owner Donates Luxurious Mansion to American Cancer Society
Former Washington Commanders owner Daniel Snyder has made a heartfelt decision to donate his opulent mansion in Maryland to the American Cancer Society after facing challenges in selling it.
Snyder’s initial purchase of the property in 2001 for over $8 million blossomed into a sprawling estate, now encompassing 15 acres with a magnificent 30,000-square-foot residence that boasts breathtaking views of the Potomac River. Interestingly, the estate has a rich history as it was previously owned by the estate of Jordanian King Hussein and Queen Noor.
A Personal Touch: Snyder’s wife, Tanya Snyder, a breast cancer survivor since 2008, has been a driving force behind cancer awareness. Her advocacy led to the NFL’s impactful “Crucial Catch” campaign, where players donned pink attire for several games. Tanya Snyder’s efforts were recognized when the American Cancer Society bestowed upon her the prestigious title of “Mother of the Year” in 2013.
Philanthropic Gesture
The American Cancer Society stepped in through its real estate arm, ACS Development Company, acquiring the property for $0 on March 7. This move came following a significant time on the market, initially listed in February 2023 for $49 million, which was later reduced to $34.9 million.
Charitable Implications: By donating the mansion, Dan Snyder stands to benefit from tax deductions based on the property’s appraisal value. Notably, the property’s assessed tax worth was around $18 million in 2022. Despite owning properties in Mount Vernon, Virginia, and Aspen, Colorado, Snyder listed himself as a UK resident in 2022.
Impacting Cancer Research
The generous contribution will empower the American Cancer Society to drive its mission forward. The proceeds from the estate’s sale will be instrumental in funding crucial cancer research, bolstering direct patient support in numerous communities nationwide, and advocating for policies enhancing cancer care accessibility.
CEO Karen Knudsen expressed immense gratitude, stating, “The impact of this gift cannot be overstated. Through investments in cancer research, we are making significant strides in battling the various forms of cancer, yet there is more work to be done to alleviate the cancer burden globally.”
While the American Cancer Society has not disclosed the future listing price of the property, this act of generosity from Dan Snyder is poised to make a meaningful difference in the fight against cancer.
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To delve deeper into the latest updates, visit the Washington Examiner for more information on this touching gesture that promises to leave a lasting impact in the realm of cancer research and patient support.
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