
Mather Foundation, established in 1945 and located in Chicago, Illinois, serves as a leading philanthropic organization committed to enriching the lives of individuals and communities through various charitable initiatives. The foundation primarily focuses on grants and donations to support education, health, and community development programs, with a goal of fostering social impact and innovation in the areas it serves.
Bond Name | Country | Maturity | Coupon(%) | |
---|---|---|---|---|
MATHER 2.68% 2031-10-01 USDMather Foundation | United States | 2031-10-01 | 2.675 | 4.77 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Mather Foundation began issuing bonds in 2020 to finance its growth and support larger-scale projects. Notably, its inaugural bond issuance raised $30 million and was met with robust investor interest, yielding 3.5%, which is competitive relative to the industry average. The foundation's bonds are distinguished by their commitment to social responsibility, as proceeds are earmarked exclusively for initiatives that align with its mission of community enrichment. Recent news includes the successful refinancing of its initial bonds, allowing for expanded investment in transformative community programs while maintaining a stable yield for investors.