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Lakonishok Foundation is a private corporation based in CHICAGO, IL. The foundation received its IRS ruling in 2013. The principal officer is Josef Lakonishok. It holds total assets of $8.5M. Annual income is reported at $6.2M. Total assets have grown from $2.4M in 2013 to $8.5M in 2024. The foundation is governed by 1 officer or trustee. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2020 to 2024. The foundation primarily funds organizations in Illinois and Virginia. According to available records, Lakonishok Foundation has made 40 grants totaling $2.9M, with a median grant of $5K. Individual grants have ranged from $500 to $525K, with an average award of $72K. The foundation has supported 20 unique organizations. The foundation primarily supports organizations in Illinois, New York, Virginia, which account for 80% of all grants. Grantmaking reaches organizations across 6 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$250
Median Grant
$4K
Average Grant
$61K
Largest Grant
$530K
Based on 20 grants from the most recent 990-PF filing.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Lakonishok Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 40 grants. Its grantmaking reaches organizations primarily in IL, NY, VA.
Lakonishok Foundation has distributed a total of $2.9M across 40 grants. The median grant size is $5K, with an average of $72K. Individual grants have ranged from $500 to $525K.
Lakonishok Foundation typically selects its grantees rather than accepting unsolicited proposals.
Lakonishok Foundation is headquartered in CHICAGO, IL. While based in IL, the foundation distributes grants to organizations across 6 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Josef Lakonishok | PRES | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$8.5M
Fair Market Value
N/A
Net Worth
$8.5M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
40
Total Giving
$2.9M
Average Grant
$72K
Median Grant
$5K
Unique Recipients
20
Most Common Grant
$1K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Art InstituteARTS | Chicago, IL | $250K | 2022 |
| United CharitableGENERAL CHARITY | Ashburn, VA | $5K | 2022 |
| Joffrey BalletARTS | Chicago, IL | $525K | 2022 |
| Lyric Opera Of ChicagoARTS | Chicago, IL | $250K | 2022 |
| University Of IllinoisEDUCATION | Urbana, IL | $200K | 2022 |
| FidfGENERAL CHARITY | New York, NY | $140K | 2022 |
| Hand In Hand UsaEDUCATION | Oak Brook, IL | $20K | 2022 |
| Northwestern Medical SchoolEDUCATION | Chicago, IL | $15K | 2022 |
| College PossibleEDUCATION | Chicago, IL | $10K | 2022 |
| Eric & Salome Estorick MuseumGENERAL CHARITY | London | $10K | 2022 |
| Evans Scholars FoundationEDUCATION | Glenview, IL | $5K | 2022 |
| Wellness HouseGENERAL CHARITY | Hinsdale, IL | $2K | 2022 |
| Operation SmileMEDICAL | Virginia Beach, VA | $2K | 2022 |
| Brooke StrongGENERAL CHARITY | Orlando, FL | $2K | 2022 |
| Univ Of ChicagoRESEARCH | Chicago, IL | $1K | 2022 |
| Northwestern HillelRELIGION | Evanston, IL | $1K | 2022 |
| Makea WishGENERAL CHARITY | Phoenix, AZ | $1K | 2022 |
| Lincoln Park ZooGENERAL CHARITY | Chicago, IL | $1K | 2022 |
| Holocaust MuseumEDUCATION | Washington, DC | $1K | 2022 |
| Bright PromisesEDUCATION | Chicago, IL | $500 | 2022 |