OVERVIEW: This funder supports a wide range of initiatives in many focus areas and prioritizes the Sarasota, Florida, area. Patterson’s source of wealth is traced back to former Chicago Tribune owner, Joseph Medill.
FUNDING AREAS: Aging, science, nursing, public parks, disaster relief, grade-level reading, and health safety net, and over a dozen other initiatives
IP TAKE: It’s a bit difficult to wrap your head around this foundation’s strategy since it has so many initiatives and doesn’t approach grantmaking with funding cycles. The approach seems a bit vague to us, but Sarasota groups can still get in touch with the office manager with inquiries.
PROFILE: The Patterson Foundation is based in Sarasota, Florida, and gives locally. Dorothy Patterson is the foundation’s benefactor; this is a fully endowed charitable entity that was established in perpetuity. However, the foundation’s funds can be traced back to Joseph Medill, who was the great-grandfather of Dorothy’s husband, James J. Patterson. Medill was the owner of the Chicago Tribune in the mid-1800s. The foundation’s trustee is Northern Trust.
Unlike many foundations in the Southeast, it does not invest time in grant cycles or requests for proposals. Instead, it focuses on collaborations and connecting people and organizations in broad ways. Sarasota and Manatee Counties are regions of interest for this foundation.
There are many different initiatives at this foundation that touch on topics like aging, science, nursing, public parks, disaster relief, grade-level reading, and health safety nets. In fact, this funder typically has around 20 different initiatives at any given time. Visit the website to view current foundation initiatives. This approach with many initiatives has been a staple of Patterson Foundation funding since 2009. There isn’t any indication as to when existing initiatives will end, new ones emerge, or priorities shift.
Once Dorothy Patterson’s estate was settled in 2009, the foundation’s endowment grew to over $200 million. Current financial data can be viewed here. Unfortunately for grantseekers, this foundation is not accepting new inquiries for funding. Therefore, don’t approach this foundation like you would other funders in the region.
The foundation is run by a small staff consisting of a president/CEO, director, office manager, initiative specialist, and communications coordinator. Contact them at 941-952-1413 or via online form. There’s also a governing board and consultants that work with the foundation.
Keep up with the foundation on its blog. Past topics have touched on access to healthcare, early literacy, disaster philanthropy, and healthy aging. Press releases are also posted on the website to highlight recent giving.