Frank and Denise Quattrone
/SOURCE OF WEALTH: Morgan Stanley; Qatalyst Partners
FUNDING AREAS: Education, Medical Research, Criminal Justice Reform, Environment, Arts and Culture
OVERVIEW: Frank and Denise Quattrone established the Frank and Denise Quattrone Foundation in 2002. The foundation provides grants for education, medical research, science and technology, social justice, the environment and the arts. An important site of giving is the couple's mutual alma mater, UPenn. Some of the couple's other work takes place in the Bay Area.
The Quattrone Foundation’s most recently available tax filings are for 2015. That year, the foundation awarded nearly $7 million in grants. Although the foundation has not filed taxes since then, 2015 tax filings do not indicate that the foundation ceased operations or merged with another entity.
BACKGROUND: Originally from Philadelphia, Frank P. Quattrone received a BS in economics from University of Pennsylvania's Wharton School and his MBA from Stanford University. Quattrone began his career with Morgan Stanley in 1977, and has advised technology companies since 1981, heading the global technology groups for Morgan Stanley, Deutsche Bank and Credit Suisse. In 2008, Quattrone cofounded Qatalyst Partners LP.
ISSUES:
EDUCATION: Quattrone and Denise both graduated from UPenn. A few years ago, the couple gave a $15 million gift to help create the Quattrone Center for the Fair Administration of Justice at Penn Law. The center describes itself as a national research and policy hub created to catalyze long-term structural improvements to the U.S. criminal justice system. They also gave a major gift to the Singh Center for Nanotechnology Center in Penn’s Engineering School. Other grantees have included St. Joseph’s Preparatory School in Philadelphia, Stanford University, Teach for America, and Girls’ Middle School in Palo Alto.
MEDICAL RESEARCH: Grantees have included Alzheimer's Association - Northern California and Northern Nevada Chapter, Emory Alzheimer’s Disease Research Center, Bonnie J. Addario Lung Cancer Foundation, and Lucille Packard Foundation for Children’s Health. It is worth noting that Denise has suffered from an undisclosed illness, which may play a role in the family's health giving.
CRIMINAL JUSTICE REFORM: Some of the couple's work in social justice takes place in higher education, as mentioned, where Denise plays a leading role. Apart from colleges and universities, the Quattrones have supported groups like National Registry of Exonerations, where Denise serves on the advisory board, Death Penalty Focus, Innocence Project, Pennsylvania Innocence Project, and Prison University Project.
ENVIRONMENT: The Quattrones have supported organizations such as American Prairie Reserve and Big Sur Land Trust.
ARTS AND CULTURE: Grantees include the Computer History Museum, Carmel Bach Festival, Emmanuel Music, Theatreworks, and San Francisco Symphony. An important grantee here is The Tech Museum of Innovation in San Jose, where Quattrone sits on the board and once served as chair.
LOOKING FORWARD: Expect the couple's particular interest in criminal justice reform to continue.
CONTACT:
The Frank and Denise Quattrone Foundation does not provide a clear avenue for getting in touch with the couple but below is an address
Frank and Denise Quattrone Foundation
P.O. Box 1707
Los Altos, CA 94023
LINK:
