Lynn And Louis Wolfson Ii Family Foundation

Organization Overview

Lynn And Louis Wolfson Ii Family Foundation is located in Chicago, IL. The organization was established in 2014. 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. Lynn And Louis Wolfson Ii 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, Lynn And Louis Wolfson Ii Family Foundation generated $2.1m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (13.1%) 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, Lynn And Louis Wolfson Ii Family Foundation has awarded 22 individual grants totaling $1,839,500. 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.

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Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $0
Interest on Savings $0
Dividends & Interest $316,381
Net Rental Income$0
Net Gain on Sale of Assets $1,827,284
Capital Gain Net Income $1,827,284
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue $2,143,665

Grants Awarded

Over the last fiscal year, Lynn And Louis Wolfson Ii Family Foundation has awarded $987,500 in support to 12 organizations.

Grant RecipientAmount

USC UNIVERSITY ADVANCEMENT GIFT

PURPOSE: GENERAL

$300,000

ADRIENNE ARSHT CENTER TRUST INC

Org PageRecipient Profile

Miami, FL

PURPOSE: GENERAL

$127,000

NEW WORLD SYMPHONY INC

PURPOSE: GENERAL

$100,000

OOLITE ARTS

PURPOSE: GENERAL

$70,000

THE CLEO INSTITUTE INC

Org PageRecipient Profile

Miami, FL

PURPOSE: GENERAL

$60,000

FRIENDS OF THE UNDERLINE INC

PURPOSE: GENERAL

$58,000
View Grant Profile

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