OVERVIEW: The Peter & Paula Fasseas Foundation supports animals and health, among other areas in the Chicago region.
IP TAKE: The foundation keeps a low profile and does not accept unsolicited proposals
FUNDING AREAS: Animals, health (cancer), education and youth, arts, religious causes
PROFILE: Established in 1995, the Peter & Paula Fasseas Foundation is a private family foundation in Illinois. Peter and Paula Fasseas launched their business in 1978, leveraging their home to purchase North Community Bank. It was the first piece in what would grow to become the Metropolitan Bank Group in Illinois. Grantmaking areas of interest are animal welfare, health, education, cancer care, youth, arts, and religion.
The foundation does not have a website to guide grantseekers. However, an important part of the foundation’s Chicago grantmaking remains PAWS Chicago, which the couple founded in the late 1990s after learning about the extent of the pet overpopulation problem in the region. PAWS Chicago is now the largest no-kill humane organization in Chicago. The family has continued to support PAWS Chicago (Paula serves as chair) via their foundation, as well as the Animal Welfare League and Puppy Mill Project. The family also supports health organizations in Chicago including the AIDS Foundation of Chicago, Robert H. Lurie Cancer Center, and Rehabilitation Institute of Chicago. In addition, the Fasseases earmark funds for schools including Chicago City Day School, as well as select arts and religious institutions in the Chicago area.
Foundation grants are often between $1,000 and $5,000. Review the funder’s recent tax records to learn more about past grantees. Although foundation grantmaking does not appear to be exclusively restricted to Chicago, this is where the couple awards the most grants.
The foundation does not appear to accept unsolicited proposals. However, the phone number to get in touch is 773-244-7022.
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