Peter & Paula Fasseas Foundation: Grants for Chicago

OVERVIEW:  The Peter & Paula Fasseas Foundation supports animals, health and other causes in the Chicago region.

IP TAKE:  The foundation keeps a low profile and does not accept unsolicited proposals

PROFILE: Established in 1995, the Peter & Paula Fasseas Foundation is a private family foundation in Illinois. Peter and Paula Fasseas launched their business in 1978, leveraging their home to purchase North Community Bank. It was the first piece in what would grow to become the Metropolitan Bank Group in Illinois. Grantmaking areas of interest are animal welfare, health, education, cancer care, youth, arts and religion. 

The foundation does not have a website to guide grantseekers. However, an important part of the foundation’s Chicago grantmaking is PAWS Chicago, which the couple founded in the late 1990s after learning about the extent of the pet overpopulation problem in the region. PAWS Chicago is now the largest no-kill humane organization in Chicago. The foundation has also supported the Animal Welfare League and the Puppy Mill Project. Its Chicago health grantees include the AIDS Foundation of Chicago, the Robert H. Lurie Cancer Center and the Rehabilitation Institute of Chicago. The Fasseases also earmark funds for schools, including Chicago City Day School, Northwestern University, Culver Academies and St. Ignatius College Prep. In other areas, grants have gone to the Looking Glass Theater Company, the Hellenic Foundation, Better Government Association and Wings Program, Inc., which operates homeless shelters.

Foundation grants are often between $1,000 and $5,000. Review the funder’s recent tax records to learn more about past grantees. Although foundation grantmaking does not appear to be exclusively restricted to Chicago, this is where the couple awards the most grants.

The foundation does not appear to accept unsolicited proposals. However, the phone number to get in touch is 773-244-7022.

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CONTACT:

Peter and Paula Fasseas Foundation

77 E. Walton St., Apt. 21E

Chicago, IL 60611

(733) 244-7022