The Satter Foundation
Preselected recipients only
The Satter Foundation is a private foundation in Chicago, Illinois. In tax year 2024 it gave $152,000 in 12 grants; the typical grant was $7,500 and the largest $50,000. It only gives to organizations it selects itself and does not accept unsolicited applications.
From its IRS Form 990-PF for tax year 2024.
- Grants paid, 2024$152,000
- Number of grants12
- Typical grant$7,500
- Largest grant$50,000
- Assets$9.6 million
- New grantees83%
Giving in 2024 was up from $131,000 the year before.
83% of its 2024 grantees had not received a grant from it the year before, a sign it is open to new organizations.
Giving by year
| Tax year | Grants paid | Number of grants | Assets |
|---|---|---|---|
| 2023 | $131,000 | 7 | $9.2 million |
| 2024 | $152,000 | 12 | $9.6 million |
How to apply
The Satter Foundation says in its IRS filing that it only makes contributions to preselected organizations, so unsolicited applications are unlikely to be considered. Organizations it funds are usually invited.
What The Satter Foundation funds
Where it gives
Its grants went to recipients in 4 states, the most to Illinois.
| State | Grants | Amount |
|---|---|---|
| Illinois | 8 | $91,000 |
| Colorado | 2 | $50,000 |
| Florida | 1 | $10,000 |
| Massachusetts | 1 | $1,000 |
Grants paid in 2024
| Recipient | Purpose | Amount |
|---|---|---|
| Shirley Ryan Ability Lab | Providing health & human services | $50,000 |
| New Horizon House | Promoting human rights | $25,000 |
| Renew Venture Lab 2 | Building financial stability & opportunity | $25,000 |
| Bright Star Community Outreach | Providing health & human services | $10,000 |
| Gateway for Cancer Research | Providing health & human services | $10,000 |
| Vet Jobs | Supporting & honoring veterans | $10,000 |
| Invest for Kids | Building financial stability & opportunity | $5,000 |
| Northwestern Memorial Foundation | Providing health & human services | $5,000 |
| Prevent Child Abuse in America | Promoting human rights | $5,000 |
| The Golden Apple Foundation | Providing educational opportunities | $5,000 |
| Hippocratic Cancer Research Foundation | Providing health & human services | $1,000 |
| PMC Jimmy Fund | To further program services | $1,000 |
Officers and trustees
- Muneer A Satter
- Kristen Hertel
- Satter Management Co LP
- Satter Investment Management LLC
Questions people ask
Does The Satter Foundation accept grant applications?
No. Its IRS filing says it only makes contributions to preselected organizations.
How much does The Satter Foundation give?
$152,000 in tax year 2024, across 12 grants, with a typical grant of $7,500.
Who runs The Satter Foundation?
Its 2024 filing lists Muneer A Satter (Trustee), Kristen Hertel (Trustee), Satter Management Co LP (Investment Management Service Provider) and Satter Investment Management LLC (Investment & Administration Provider).
What does The Satter Foundation fund?
Based on its grants, mainly human services, health and science and research.