The Satter Foundation Satter is a philanthropist, who together with his wife, Kristen Hayler Hertel, has made grants of more than $50 million through their family foundation, the Satter Foundation, since its inception in 1997.
Education Inspired by his parents, Satter became a supporter of education reform initiatives focused on improving education options, especially for students in disadvantaged neighborhoods in Chicago. Satter has donated funds for charter schools, scholarships and teacher training programs. Examples include KIPP Ascend, Perspectives Charter Schools, New Schools for Chicago, Academy for Urban School Leadership (AUSL), Accelerate Institute, Golden Apple Foundation, Family Focus, Beyond Sports, Pathways in Education, Invest for Kids Chicago,
Teach for America,
Noble Network, Chicago Community Trust and The Ounce of Prevention.
Accelerate Institute Satter serves on the board of Accelerate Institute. The Accelerate Institute was founded by Patrick G. Ryan, Jr and provides leadership training for school principals.
The Elders Satter serves on the advisory council of The Elders.
Northwestern University The Satter Foundation has committed more than $10 million to finance scholarships to
Northwestern University's
Feinberg School of Medicine. The scholarships pay all tuition for a student's first three years of medical school. The Satter Foundation also funds Project Excite, founded at the Northwestern School of Education to close the achievement gap between minority and non-minority students at Evanston High School in Illinois. The project runs education, academic advising and personal education programs designed to improve access for minority students and help them earn admission to college. Northwestern University has $11 billion in assets and an operating budget of over $2.5 billion per year. Satter serves on the board of the Northwestern Medical Group, which has over 1,000 doctors and over $1 billion of revenue.
Navy SEAL Foundation Satter serves on the board of the Navy SEAL Foundation, which provides immediate and ongoing support to the Naval Special Warfare (NSW) community. He started an annual fundraiser for the organization in Chicago, raising more than $5 million in 2017.
The Nature Conservancy The Satter Foundation has been a consistent supporter of
The Nature Conservancy (TNC) including seven years as treasurer and chairman of its finance committee. TNC is one of the largest environmental non-profits in the world with more than $6 billion in assets—including a $2 billion endowment and capital fund—and operations in more than 35 countries.
Room to Read The Satter Foundation is a longtime supporter of
Room to Read, which has opened over 38,000 schools and libraries, distributed over 25 million books and sponsored over 100,000 Girl Scholars. The organization works in 17 countries across the developing world. 10,000 Small Businesses assists entrepreneurs in the U.S. and U.K. to create jobs and economic opportunity by providing a practical business education, a network of support and access to capital.
U.S. Olympic & Paralympic Foundation Satter is a trustee with the U.S. Olympic & Paralympic Foundation. The U.S. Olympic & Paralympic Foundation is a 501(c)(3) nonprofit that serves as the primary source of philanthropic support for Team USA. Founded in 2013, the USOPF generates critical financial resources that help Team USA athletes reach their full potential, both on and off the field of play. One hundred percent of gifts to the foundation go directly to athletes and the high-performance programming that supports them. == Shannon Sedgwick Davis ==