OVERVIEW: The Finnegan Family Foundation’s grantmaking includes support of education and youth organizations.
IP TAKE: The foundation keeps a low public profile, which limits information available on its grantmaking priorities and activities.
FUNDING AREAS: Health, arts and culture, Jewish causes, education and youth
PROFILE: Founded in 1992, the Finnegan Family Foundation was established by Madison Dearborn Partners Co-Founder Paul Finnegan and his wife Mary. The Finnegan Family Foundation’s grantmaking includes support of education and youth organizations.
The Finnegans based in Evanston, Illinois, where they've given seven-figure sums to Youth & Opportunity United (YOU), a local nonprofit that works with underserved teens. Mary sits on the board of YOU as well as on the board of Evanston Scholars, which the Finnegans also support.
In a recent year, the foundation gave away around $2.2 million. Grants ranged from $1,000 to $105,000. Past grantees also include Academy for Urban School Leadership, KIPP Chicago Schools, Noble Network of Charter Schools, Ounce of Prevention, Metropolitan Family Services, and A Better Chicago, which "enables people and companies who are passionate about our community to invest in a group of extraordinary nonprofits that are creating opportunity for our region's low-income population.” Review the funder's recent tax records to learn more about past grantees. Grantmaking is largely focused on Chicago.
The foundation does not appear to accept unsolicited grant applications. The funder's phone number to get in touch is 312-346-6000.
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