OVERVIEW: The Trott Family Foundation is the philanthropic vehicle of Chicago area couple Byron and Tina Trott. The couple's Chicagoland philanthropy focuses on education, the arts, and more. Byron is a strong supporter of his alma mater University of Chicago.
FUNDING AREAS: Education, Youth, Health, Arts & Culture, Chicago Community
IP TAKE: The Trott Family Foundation keeps a low profile and does not accept unsolicited proposals.
PROFILE: Byron Trott graduated with a bachelor's in economics from University of Chicago's Booth School of Business and an MBA from UChicago in 1982. He worked at Goldman Sachs for many years before founding BDT Capital Partners in 2009. Byron and his wife Tina live in the Chicago area and more their philanthropy through the Trott Family Foundation, which was established in the mid 1990s.
The charity keeps a low profile and does not accept unsolicited proposals. In a recent tax year, the foundation did around $805,000 in grantmaking and held over $14 million in assets. Byron and Tina serve as the sole trustees of their charity and steer the charity on a part-time basis.
The couple is strongly supportive of Byron's alma mater University of Chicago. The Trotts recently gave a $10 million gift to University of Chicago to help support and expand the UChicago Careers in Business Program, which will be renamed the Trott Business Program. Trott helped launch the program last decade and the family has steadily supported his school through the years.
Other Chicago area education grantees include Music Institute of Chicago, JAC Education Foundation (which works in the Jewish community), North Shore Country Day School, Northwestern University, and Young Women's Leadership Charter School of Chicago.
The family's grantmaking through their foundation also supports select Chicagoland health outfits like Lurie Children’s Hospital Foundation, Lynn Sage Cancer Research Foundation, and Northwestern Medical Foundation.
In arts and culture, the Trotts have supported local organizations like Museum of Contemporary Art, Chicago Botanical Gardens, Chicago Zoological Society, Joffrey Ballet, and Steppenwolf Theatre Company.
The Trotts have also supported places like Chicago Foundation for Women and Michigan Avenue Streetscape Association.
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The Trott Family Foundation does not provide a clear avenue for getting in touch with the family, but below is contact information:
The Trott Family Foundation
P.O. Box 3016, RALLC Tax Dept.
Chicago, IL 60654