# The J.B. and M.K. Pritzker Family Foundation

The J.B. and M.K. Pritzker Family Foundation is an Endowment / Foundation based in Chicago, United States.

## Overview

- **Organization type:** Endowment / Foundation
- **Headquarters:** Chicago, United States
- **Region:** North America
- **Address:** 444 W Lake St Ste 3400 Chicago, IL 60606-0010
- **Founded:** 2001
- **Assets under management:** Undisclosed
- **Website:** https://pritzkerfoundation.org

## About

The Pritzker Foundation was incorporated in Illinois in 1944 by members of the Pritzker family. Thomas J. Pritzker serves as director and vice president while also acting as executive chairman of Hyatt Hotels. Penny Pritzker holds the same foundation titles and founded PSP Partners. Grant activity centers on higher education including medical schools, hospitals, temple support, and cultural programs. The foundation maintains limited partner commitments to real estate vehicles such as Real Estate Partners Fund and TCI RE Partners Fund III. Additional holdings include positions in BDT Capital Partners Fund 4, BlackRock Strategic Equity Hed, Boyu Capital Offshore Fund, Third Rock Ventures V, Tiger Global Ltd., Two Sigma China Core Equity Fund LP, and Fortress Investment Fund V. Public equity exposure includes Hyatt Hotels Corp. Geographic reach covers the United States and selected international markets through these fund commitments. Northern Trust acts as custodian. The Pritzker Organization provides investment advisory services. Latham & Watkins serves as legal counsel and Deloitte & Touche as auditor. The foundation sponsored the AI+Science Conference in November 2025 at Caltech and UChicago. Governance ties the foundation directly to the Pritzker family operating companies, with Thomas J. Pritzker and Penny Pritzker holding concurrent roles across the foundation, Hyatt, and related entities.

## Sectors

- Early Childhood
- Community Health
- Civil and Human Rights

## People

- Thomas J. Pritzker — Director and Vice President
- Penny Pritzker — Director and Vice President

## Questions

### Who runs investment decisions at Pritzker Foundation?

Thomas J. Pritzker and Penny Pritzker serve as directors and vice presidents. They oversee grant allocations and limited partner commitments through family advisory structures.

### Does Pritzker Foundation participate in fund commitments or only direct deals?

The foundation acts as limited partner in multiple funds including real estate partnerships and venture vehicles such as Third Rock Ventures V.

### What investment stages does Pritzker Foundation typically target?

Commitments appear across established private equity, real estate, and venture funds rather than early-stage direct investments.

### How is Pritzker Foundation related to Hyatt Hotels Corporation?

The foundation holds equity in Hyatt Hotels Corp. and shares leadership with family members who control the hotel company.

### What is Pritzker Foundation's known posture on co-investments alongside external GPs?

No direct co-investment activity is documented. Exposure occurs through limited partner positions in external funds.

## Related profiles

- [Kemnay Family Office](https://altss.com/profile/kemnay-family-office-alan-parker-family-office)
- [Joint Pension Fund of Local Union No. 102](https://altss.com/profile/joint-pension-fund-of-local-union-no-102)

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Last updated: 2026-07-08T21:10:31.934Z

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