SOURCE OF WEALTH: Ryan Insurance Co., Ryan Specialty Group
FUNDING AREAS: Education & Youth, Health, Arts & Culture, Chicago Community, Catholic Causes
OVERVIEW: Pat and Shirley Ryan conduct their philanthropy through the Patrick G. and Shirley W. Ryan Foundation. According to available tax filings, the foundation awarded $7.1 million in grants in 2018. The couple have given major gifts to Northwestern University and the Rehabilitation Institute of Chicago, now the Shirley Ryan AbilityLab.
BACKGROUND: Pat Ryan received a bachelor’s degree from Northwestern University. His first brokerage, Ryan Insurance Co., merged with Combined Insurance Co. in 1982 to form AON, one of the largest insurance firms today. Ryan is currently the CEO and founder of Chicago-based Ryan Specialty Group, a wholesale brokerage and specialty insurance firm.
ISSUES:
EDUCATION & YOUTH: Ryan has given $100 million to his alma mater Northwestern University and pledged another $100 million. Much of this money has gone to support the school’s athletics programs, and two of its athletic facilities bear his name. The family has made seven-figure donations to Accelerate Institute, whose mission is to close the “achievement gap by creating high-impact school leaders who accelerate student achievement.” The couple set up the Ryan Fellowship and Ryan Awards at the institute.
The couple has supported Big Shoulders Fund, a “nonprofit organization designed to offer financial support to low-income Catholic schools throughout the city.” Other grantees include After School Matters and YMCA of Metropolitan Chicago.
HEALTH: The Ryans are major patrons of what was once known as Rehabilitation Institute of Chicago—now the Shirley Ryan AbilityLab—to which they have given at least $10 million. AbilityLab is a research hospital specializing in disorders and injuries of the brain and nervous system. Their reasons are personal, as they have a son who suffers from cerebral palsy. Other grantees include The Brain Research Foundation and Pathways, which “provides free tools to maximize all children’s motor, sensory, and communication development.”
ARTS & CULTURE: The couple have been particularly supportive of Lyric Opera of Chicago. Other grantees include the Art Institute of Chicago, Chicago Humanities Festival, Chicago Shakespeare Theater, and Chicago Symphony Orchestra.
CHICAGO COMMUNITY: Chicago-area grantees include Chicago Council on Global Affairs, Metropolitan Planning Council, public media channel WTTW11, and 100 Club Chicago, which “provides for the families of first responders who have lost their lives in the line of duty.”
CATHOLIC CAUSES: The Ryans have supported Saints Faith Hope & Charity and Sheil Catholic Center.
LOOKING FORWARD: Expect this billionaire couple’s active giving in Chicago to continue, tracking with established interest areas.
CONTACT:
Patrick G. and Shirley W. Ryan Foundation
150 N. Michigan Ave., Ste. 2100
Chicago, IL 60601
Telephone: (312) 893-6600
