Mike and Beth Kasser regularly underwrite the season of the Arizona Theatre Company in both Tucson and Phoenix. Among philanthropic efforts at the University of Arizona, they have underwritten the Kasser Medical Treatment Center, including the Alex & Elisabeth Kasser Aqua Rehab Center, and more recently the Kasser Family Swimming and Diving Pool. At the Massachusetts Institute of Technology, they have underwritten the Kasser Sports Medicine Center, as well as endowing the Alexander & I. Michael Kasser Professorship in Chemical Engineering.
During World War II, Alexander Kasser, Mike’s father, helped organize and direct the Swedish Red Cross in Hungary, a group that helped to save hundreds of persecuted Jews and political targets. Alexander and Elisabeth Kasser also worked closely with Raoul Wallenberg, who is credited with saving thousands. Both Alexander and Elisabeth were recognized for their efforts by the United States Congress. The Kassers started the Kasser Art Foundation 30 years ago, and parts of their collection have been exhibited in both the U.S. and Europe. The Foundation, run by Mary Mochary, also gives scholarships to students in the arts.
Both Mike and Beth are avid athletes and have completed dozens of marathons, ultra marathons and triathlons. They continue to sponsor several sporting events such as the Tucson Marathon, El Tour de Phoenix, Tour of the Tucson Mountains, and the Tucson Triathlon Series at the University of Arizona.