Quintin and Diane Primo
/SOURCE OF WEALTH: Capri Capital Partners
FUNDING AREAS: Chicago Community
OVERVIEW: Quintin and Diane Primo serve as co-chairs of the Primo Center for Women and Children in Chicago, which they support. Other philanthropy touches other Chicagoland institutions. The couple do not yet appear to have a family foundation.
BACKGROUND: Quintin E. Primo III. graduated with a B.S. in finance from Indiana University and an MBA from Harvard Business School. He was employed with Citicorp Real Estate, Inc., where he was vice president in the commercial lending and real estate investment banking divisions. Primo went on to cofound Capri Capital Partners, a real estate investment management firm headquartered in Chicago with approximately $4.5 billion in total real estate assets under management.
Born and raised on the South Side of Chicago, Diane Primo graduated with a B.A. from Smith College and an MBA from Harvard Business School. She is the founder and chair of IntraLink Global, a P.R. and social content agency.
ISSUES:
CHICAGO COMMUNITY: Quintin and Diane Primo serve as co-chairs of the Primo Center for Women and Children in Chicago, which invests in resources that are key to addressing homelessness including “housing; trauma-informed wraparound mental health services; early childhood services; and a violence prevention program for at-risk youth in schools and community centers.” The Center bears the name of Primo’s late father, Quintin E. Primo, Jr, a pioneering clergyman who was the first president of the National Union of Black Episcopalians and the first black bishop of Chicago. The family continues to support the center.
The Primos also give assorted individual donations to outfits, often in the Chicago area, including Chicago Community Trust; Chicago Council on Global Affairs (where Primo sits on the board); Art Institute of Chicago; All Chicago, whose “mission is to unite our community and resources to provide solutions that ensure and sustain the stability of home”; Columbia College Chicago; Boys and Girls Clubs of Chicago; Perspectives Charter School; and Cradle, an adoption agency. Grants have often been in the four and five-figure range.
LOOKING FORWARD: The Primos have said they took a while to have kids, focusing on establishing robust business careers before focusing elsewhere. Now in their 60s, the couple’s nascent philanthropy might crystalize around a formal family foundation in the coming years as well.
LINK: Primo Center
