November 21, 2024
Former Washington Commanders owner Daniel Snyder has decided to donate his multimillion-dollar mansion in Maryland to the American Cancer Society after it stalled in the market. Snyder purchased the property in 2001 for over $8 million but has since acquired additional land around the property, which adds up to 15 acres with a 30,000-square-foot residence, […]

Former Washington Commanders owner Daniel Snyder has decided to donate his multimillion-dollar mansion in Maryland to the American Cancer Society after it stalled in the market.

Snyder purchased the property in 2001 for over $8 million but has since acquired additional land around the property, which adds up to 15 acres with a 30,000-square-foot residence, per its property record. It overlooks the Potomac River and was previously owned by the estate of Jordanian King Hussein and Queen Noor.

Snyder’s wife, Tanya Snyder, is a breast cancer survivor following her diagnosis in 2008. She became an advocate of cancer awareness and spearheaded the NFL’s “Crucial Catch” campaign, in which the players were adorned in pink for a series of games. In 2013, the American Cancer Society awarded Tanya Snyder the “Mother of the Year.”

ACS Development Company, the American Cancer Society’s real estate wing, bought the property for $0 on March 7. This came after the property had been on the market since February 2023 at an initial listing of $49 million. Six months later, he reduced the price to $34.9 million.

Now, as a charitable donation, Dan Snyder will be able to deduct the appraisal of the property from his income taxes. The property’s assessed tax value was about $18 million in 2022. Dan Snyder owns two other properties in Mount Vernon, Virginia, and Aspen, Colorado. However, he filed as a resident of the United Kingdom in 2022.

“The eventual proceeds from the gift will be unrestricted and used to further ACS’s mission through funding cancer research discoveries, enhancing direct patient support in 20,000 communities across the country, and through advocating for policies that enhance access to cancer care,” according to the American Cancer Society. However, the property was removed from Zillow on Monday. It remains to be seen how much the American Cancer Society will list it for.

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“We are incredibly grateful for the gift, and the generosity cannot be overstated,” American Cancer Society CEO Karen Knudsen said. “Thanks to investment in cancer research, more people are surviving the 200 diseases we call cancer, but so much remains to be accomplished to further reduce the overall burden of cancer.”

The American Cancer Society did not return the Washington Examiner’s request for comment.

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