The Prince Charitable Trusts is an independent non profit family foundation based in Chicago, Illinois. Established in 1947, the foundation believes in the capacity of non-profit organizations to change lives, to improve communities and to advance ideas. In standing with the organizations they fund and strive to add muscle to their might with operating, project and capacity-building grants and special awards for their often unique and unheralded work. The assets of the foundation are managed by the board of trustees.The Prince Charitable Trusts is currently not investing in private equity or venture capital.