Frank E. Payne and Seba B. Payne Foundation
Quick Stats
- Annual Giving: $6,900,000 (2024)
- Success Rate: Not applicable (invitation only)
- Decision Time: Not publicly disclosed
- Grant Range: $5,000 - $500,000 (grants have reached as high as $3 million)
- Geographic Focus: Primarily Chicago/Illinois, with some grants outside Illinois
- Total Assets: $164.4 million (2024)
Contact Details
Address: 225 W Wacker Dr Ste 2150, Chicago, IL 60606-1254
Phone: (312) 621-0590
Website: None
Note: No pre-application support available; foundation does not accept unsolicited applications
Overview
Established in 1962, the Frank E. Payne and Seba B. Payne Foundation is a private family foundation based in Chicago, Illinois. With total assets of $164.4 million and annual charitable disbursements of $6.9 million (2024), the foundation supports education, hospitals, arts and culture, and religious programs, with particular focus on community improvement, healthcare, and basic needs for Chicago-area residents. Originally managed by Bank of America as trustee, the foundation is now controlled by William Harris Investors. Described as a "low-key funder," it does not maintain a website and shows consistent support patterns, often funding the same organizations year after year. The foundation distributed 47 grants in 2023, demonstrating steady commitment to its funding priorities.
Funding Priorities
Grant Programs
The foundation does not operate formal grant programs with specific application cycles. Instead, it makes discretionary grants to pre-selected organizations on an ongoing basis.
- General Operating and Project Support: $5,000 - $500,000 (typical range; grants have reached $3 million)
- Application Method: Invitation only; no public application process
Priority Areas
Community Development & Social Services:
- Homelessness prevention and services
- Housing support and development
- Child welfare and protection
- Services for elderly populations
- Community improvement initiatives
Healthcare:
- Hospital support
- Health services for underserved communities
- Medical facilities and programs
Arts, Culture & Education:
- Museums and cultural institutions
- Public broadcasting
- Literacy and educational programs
- Arts education and access
Environmental Conservation:
- Botanical gardens
- Environmental policy and advocacy
- Conservation initiatives
Religious Organizations:
- Faith-based community programs
What They Don't Fund
Specific exclusions are not publicly documented. However, as the foundation only supports pre-selected organizations, unsolicited applications from any organization are not accepted.
Governance and Leadership
Key Officers (as of 2024):
- Lauren Macdonald - President, Executive Director, and Secretary
- Michael McQuinn - Treasurer
- L. Scott - Vice President/Director
- T. Scott - Vice President/Director
- A. Greene - Vice President/Director
- M. Cumings - Vice President/Director
The foundation is managed by a professional investment firm (William Harris Investors) and maintains a board structure with multiple vice presidents who receive modest compensation for their service, suggesting active trustee involvement in grantmaking decisions.
Application Process & Timeline
How to Apply
This foundation does not have a public application process. The Frank E. Payne and Seba B. Payne Foundation makes contributions only to pre-selected organizations and does not accept unsolicited grant applications from nonprofits.
Grants are awarded at the discretion of the foundation's trustees, who identify and select recipients based on the foundation's priorities and existing relationships. The foundation shows a pattern of supporting the same organizations year after year, indicating preference for ongoing relationships with trusted grantees.
Decision Timeline
Not publicly disclosed. Grantmaking appears to occur throughout the year based on trustee discretion rather than fixed deadlines or cycles.
Success Rates
Not applicable due to invitation-only grantmaking approach.
Reapplication Policy
Not applicable; no public application process exists.
Application Success Factors
Given that this foundation operates on an invitation-only basis, traditional application success factors do not apply. However, organizations that have historically received support from the foundation share these characteristics:
Established Track Record: The foundation demonstrates loyalty to existing grantees, often funding the same organizations repeatedly. Past recipients include well-established organizations such as:
- Shriners Hospitals for Children
- Chicago Coalition for the Homeless
- Field Museum of Natural History
- WTTW (public broadcasting)
- Chicago Botanic Garden
- Environmental Law and Policy Center of the Midwest
- Hull House Association
- The Children's Place Association
Chicago/Illinois Connection: While the foundation has made grants outside Illinois, there is a strong preference for Chicago-area organizations addressing local needs.
Focus Areas Alignment: Organizations working in the foundation's core areas—education, healthcare, arts and culture, community improvement, and religious programs—are most likely to receive consideration.
Institutional Stability: Grantees tend to be established institutions and organizations with proven impact and professional operations, rather than newer or grassroots organizations.
Key Takeaways for Grant Writers
- No public application process exists - This foundation operates exclusively through trustee discretion and invitation-only grantmaking
- Relationship-based grantmaking - The foundation shows strong loyalty to existing grantees and typically supports the same organizations year after year
- Substantial assets with moderate annual giving - With $164.4 million in assets and $6.9 million in annual distributions, the foundation has significant resources but selective grantmaking
- Wide grant range - Awards typically span $5,000 to $500,000, with some grants reaching as high as $3 million, allowing flexibility for different project sizes
- Chicago/Illinois focus - While geographically broad in theory, the foundation shows clear preference for Chicago-area organizations
- Diverse portfolio - Supports a range of causes from healthcare and social services to arts and environment, with emphasis on established institutions
- Low public profile - No website, limited public information, and professional management suggest a deliberate preference for operating quietly without public solicitation
References
- Cause IQ. (2024). Frank E Payne and Seba B Payne Foundation. Retrieved December 23, 2025.
- Inside Philanthropy. (n.d.). Frank E. Payne and Seba B. Payne Foundation. Retrieved December 23, 2025.
- ProPublica Nonprofit Explorer. (2024). Frank E Payne And Seba B Payne Foundation. Retrieved December 23, 2025.
- Instrumentl. (n.d.). Frank E Payne And Seba B Payne Foundation | 990 Report. Retrieved December 23, 2025.
- Candid Foundation Directory. (n.d.). Frank E Payne & Seba B Payne Foundation. Retrieved December 23, 2025.
- GuideStar. (n.d.). Frank E Payne and Seba B Payne Foundation. Retrieved December 23, 2025.