Lakonishok Foundation

Organization Overview

Lakonishok Foundation is located in Chicago, IL. The organization was established in 2013. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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. Lakonishok 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, Lakonishok Foundation generated $2.1m in total revenue. The organization has seen a slow decline revenue. Over the past 4 years, revenues have fallen by an average of (1.1%) each year. All expenses for the organization totaled $1.2m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.

Since 2020, Lakonishok Foundation has awarded 39 individual grants totaling $2,593,100. 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.

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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Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $0
Interest on Savings $0
Dividends & Interest $379,948
Net Rental Income$0
Net Gain on Sale of Assets $1,698,389
Capital Gain Net Income $1,698,389
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue $2,078,337

Grants Awarded

Over the last fiscal year, Lakonishok Foundation has awarded $1,228,000 in support to 20 organizations.

Grant RecipientAmount

JOFFREY BALLET

PURPOSE: ARTS

$530,000

LYRIC OPERA OF CHICAGO

Org PageRecipient Profile

Chicago, IL

PURPOSE: ARTS

$250,000

ART INSTITUTE

PURPOSE: ARTS

$250,000

FIDF

PURPOSE: VETERAN SERVICES

$140,000

NAVY SEAL FOUNDATION

Org PageRecipient Profile

Virginia Beach, VA

PURPOSE: VETERAN SERVICES

$10,000

NORTHWESTERN MEDICAL SCHOOL

PURPOSE: HOSPITALS

$10,000
View Grant Profile

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