Lefkofsky Family Foundation
- Assets
- $73.0m
- Revenue
- $26.1m
- Investments
- $57.5m
- Employees
- 0
- Location
- Chicago, IL
- Founding
- 01/2009
- Data as of
- 12/2021
- EIN
- 20-7066362
Organization Overview
Lefkofsky Family Foundation is located in Chicago, IL. The organization was established in 2009. According to its NTEE Classification (T22) the organization is classified as: Private Independent Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lefkofsky Family Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Lefkofsky Family Foundation generated $26.1m in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 12.8% each year . All expenses for the organization totaled $5.1m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2018, Lefkofsky Family Foundation has awarded 176 individual grants totaling $12,318,890. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
N/A
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Emily Sweet Director | 40 | $166,400 | |
Rachel Graham Director | 40 | $130,000 | |
Elizabeth Kramer Lefkofsky Trustee | 0 | $90,000 | |
Elizabeth Lefkofsky Executive Director | 40 | $90,000 | |
Elspeth Leman Success Bound Coach | 40 | $78,000 | |
Shauntel Vaughn Success Bound Coach | 40 | $72,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $15,342,123 |
| Interest on Savings | $114,134 |
| Dividends & Interest | $188,487 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $10,116,760 |
| Capital Gain Net Income | $10,116,760 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $310,278 |
| Total Revenue | $26,071,782 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $90,000 |
| Other employee salaries and wages | $604,275 |
| Pension plans, employee benefits | $64,655 |
| Interest | $120,361 |
| Taxes | $272,688 |
| Depreciation | $8,801 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $591 |
| Printing and publications | $0 |
| Other expenses | $363,770 |
| Total operating and administrative expenses | $1,609,991 |
| Contributions, gifts, grants paid | $3,497,953 |
| Total expenses and disbursements | $5,107,944 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $671,891 |
| Savings and temporary cash investments | $14,579,687 |
| Net Accounts receivable | $51,653 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $110,006 |
| Investments—mortgage loans | $0 |
| Investments—other | $41,008,604 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $72,962,854 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $39,594 |
| Total liabilities | $39,594 |
Grants Awarded
Over the last fiscal year, Lefkofsky Family Foundation has awarded $4,974,461 in support to 90 organizations.
| Grant Recipient | Amount |
|---|---|
STEPPENWOLF THEATRE COMPANY PURPOSE: ARTS & CULTURE. | $1,171,138 |
UNIVERSITY OF MICHIGAN PURPOSE: EDUCATION. | $353,333 |
Chicago, IL PURPOSE: ARTS & CULTURE. | $300,000 |
JEWISH UNITED FUND PURPOSE: JEWISH CAUSES. | $250,000 |
Chicago, IL PURPOSE: ARTS & CULTURE. | $175,000 |
Glencoe, IL PURPOSE: JEWISH CAUSES. | $151,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Lefkofsky Family Foundation has recieved totaling $5,000.
| Awarding Organization | Amount |
|---|---|
Small Moves Foundation Chicago, IL PURPOSE: CHARITABLE. | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Anthony Pritzker Fam Foundation Chicago, IL | $0 | $37,184,888 |
Robert And Adele Schiff Family Foundation Inc Milwaukee, WI | $226,331,394 | $18,541,997 |
Paula And Rodger Riney Foundation St Louis, MO | $118,536,395 | $1,770,419 |
Pritzker Traubert Foundation Chicago, IL | $0 | $14,671,849 |
Fund For Wisconsin Scholars Inc Madison, WI | $273,321,225 | $22,010,196 |
John W Anderson Foundation Valparaiso, IN | $342,409,938 | $34,395,256 |
Motorola Solutions Foundation Chicago, IL | $427,877 | $12,200,078 |
The Walsh Foundation Chicago, IL | $179,756,510 | $18,008,076 |
Herbert Simon Family Foundation Indianapolis, IN | $26,075,189 | $9,696,254 |
Roy J Carver Charitable Tr Muscatine, IA | $235,043,756 | $22,231,044 |
Saul Zaentz Charitable Foundation Glenview, IL | $31,204,978 | $8,995,660 |
The John And Kathleen Schreiber Foundation Lake Forest, IL | $89,899,268 | $85,376,815 |