The Employer Funding Group of AHS, Chicago
Frank E. Payne and Seba B. Payne Foundation

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Information from the Payne Foundation Web Site

c/o Bank of America, N.A.
231 S. LaSalle St.
Chicago, IL 60697
Telephone: (312) 828-1785

Contact: M. Catherine Ryan, 2nd V.P., Bank of America, N.A.

Purpose and activities: Support for education, hospitals, and cultural programs; support also for child and animal welfare.

Fields of interest: AIDS; AIDS research; Animal welfare; Arts; Children/youth, services; Education; Hospitals (general).

Geographic focus: Illinois; Pennsylvania

Limitations: Giving primarily in the metropolitan Chicago, IL, area and PA. No grants to individuals, or for fellowships; generally no support for endowments; no loans.

Publications: Application guidelines.

Application information: Application form not required.
Initial approach: Proposal
Copies of proposal: 1
Board meeting date(s): May and Nov., and as required
Deadline(s): None
Final notification: 4 months

Trustees: Susan Hurd Cummings; George Hurd, Sr.; Priscilla Payne Hurd; Charles M. Nisen; Bank of America, N.A.
 
Financial data: (yr. ended 06/30/00): Assets, $164,463,544 (M); expenditures, $7,692,379; total giving, $6,762,890; qualifying distributions, $6,840,910; giving activities include $6,762,890 for 59 grants (high: $3,000,000; low: $5,000; average: $10,000-$500,000).