Lsv Asset Management Charitable Foundation
- Assets
- $979.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Chicago, IL
- Founding
- Data as of
- 12/2023
- EIN
- 88-3596670
Organization Overview
Lsv Asset Management Charitable Foundation is located in Chicago, IL. 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. Lsv Asset Management Charitable Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Since 2022, Lsv Asset Management Charitable Foundation has awarded 21 individual grants totaling $510,805. 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
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION HAS BEEN FORMED TO FURTHER LSV ASSET MANAGEMENT'S LONG-STANDING COMMITMENT TO SUPPORTING STUDENTS, INCLUDING CHILDREN AND YOUNG PEOPLE, FROM UNDER-RESOURCED COMMUNITIES IN RECEIVING A QUALITY EDUCATION.THE PRIMARY IMMEDIATE ACTIVITY OF THE ORGANIZATION IS TO MAKE GRANTS IN SUPPORT OF EXEMPT ORGANIZATIONS DEDICATED TO THE MENTORING AND EDUCATIONAL SUPPORT OF CHILDREN AND YOUNG PEOPLE THROUGH PROGRAMS, SERVICES, AND RESOURCES TO THOSE WHO NEED THEM MOST. SPECIFICALLY, THE ORGANIZATION WILL CONSIDER OTHER EXEMPT ORGANIZATIONS THAT MEET THE FOLLOWING CRITERIA:- LOCAL CHARITY(IES) WHOSE MISSION IS TO SUPPORT STUDENTS IN UNDER-SERVED COMMUNITIES IN RECEIVING A QUALITY EDUCATION.- LOCAL CHARITY(IES) WHOSE MISSION IS TO SUPPLY THE RESOURCES, SUCH AS NUTRITION, EDUCATIONAL SUPPLIES AND RESOURCES AND SOCIAL-EMOTIONAL SUPPORT, SO THAT STUDENTS IN UNDER-SERVED COMMUNITIES CAN REGULARLY ATTEND AND THRIVE IN AN EDUCATIONAL SETTING.
CONTINUED FROM ACTIVITY ONE... - LOCAL ARTS INSTITUTION(S) THAT OFFERS A PROGRAM THAT ENABLES STUDENTS TO LEARN ABOUT, ENGAGE IN AND EXPERIENCE THE ARTS.- LOCAL CHARITY(IES) WHOSE MISSION IS TO PROVIDE EDUCATIONAL EXPERIENCES TO STUDENTS OUTSIDE OF THE CLASSROOM SUCH AS VOCATION EDUCATION, ARTS EXPERIENCES, CULINARY EXPERIENCES AND RECREATION.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Scott Kemper President | 1 | $0 | |
Leslie Kondziela Secretary | 1 | $0 | |
Guy Lakonishok Treasurer | 1 | $0 | |
Marisa Rosenblatt Vice President | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $0 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $895 |
| Total operating and administrative expenses | $1,435 |
| Contributions, gifts, grants paid | $273,500 |
| Total expenses and disbursements | $274,935 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $979,420 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| 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 | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $979,420 |
| 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 | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Lsv Asset Management Charitable Foundation has awarded $273,500 in support to 11 organizations.
| Grant Recipient | Amount |
|---|---|
A BETTER CHICAGO PURPOSE: COMMUNITY GRANT | $151,500 |
COMPASS TO CARE PURPOSE: COMMUNITY GRANT | $5,000 |
EDGEBROOK SCHOOL FOUNDATION (DBA EDGEBROOK SCHOOL FRIENDS) PURPOSE: COMMUNITY GRANT | $5,000 |
GREATER CHICAGO FOOD DEPOSITORY PURPOSE: COMMUNITY GRANT | $21,000 |
HAND IN HAND USA PURPOSE: COMMUNITY GRANT | $8,000 |
LEUKEMIA AND LYMPHOMA SOCIETY PURPOSE: COMMUNITY GRANT | $1,000 |