SBB Research Group Foundation Awards Additional Grants to 3 Illinois Nonprofits

CHICAGO--(BUSINESS WIRE)--The SBB Research Group Foundation invited three prior grant recipients to share updates on their critical efforts to support the local community. The Foundation awarded additional grants to further each of the respective organization’s missions (organizations listed alphabetically):

• Antioch Traveling Closet (Antioch) collects new or gently used clothes, shoes, and other essential items to give to those in need in their community. The initial grant was used to purchase brand-new school supplies, toiletries, and cleaning supplies for ATC’s Back-to-School Giveaway in August 2022.
• Lemons of Love (Mount Prospect) supports those impacted by cancer through personalized care packages, free programs, and ongoing support. The initial grant helped to fill and deliver 30 Lemons of Love Chemo Care Packages to patients in treatment and support some of their many programs.
• Peer Plus Education & Training Advocates (Chicago) offers programs designed to consider cultural backgrounds, aiming to address the various complex challenges faced by individuals who require vital healthcare, educational, and psychosocial support. The initial funds were used to co-sponsor four Back-to-School festivals, and to participate as a community resource vendor at the 5^th Annual “Taste of Gospel.”

“Having these charities share their updates and stories with us was incredibly moving. We are honored to support them and all that they do for their communities,” said Matt Aven, co-founder and board member of the SBB Research Group Foundation.

The Foundation encourages any 501(c)(3) nonprofit organization to apply for a grant at sbbrg.org/apply-for-grant. Donations are awarded to different organizations monthly.

About the SBB Research Group Foundation

The SBB Research Group Foundation is a 501(c)(3) nonprofit that furthers the philanthropic mission of SBB Research Group LLC (SBBRG), a Chicago-based investment management firm led by Sam Barnett, Ph.D., and Matt Aven. The Foundation provides grants to support ambitious organizations solving unmet needs with thoughtful, long-term strategies. In addition, the Foundation sponsors the SBBRG STEM Scholarship, which supports students pursuing science, technology, engineering, and mathematics degrees.