Well Told Grants

Foundations / Illinois

Lakonishok Foundation

Preselected recipients only Chicago, Illinois · EIN 463460720

Lakonishok Foundation is a private foundation in Chicago, Illinois. In tax year 2024 it gave $2.2 million in 17 grants; the typical grant was $25,000 and the largest $800,563. It only gives to organizations it selects itself and does not accept unsolicited applications.

From its IRS Form 990-PF for tax year 2024.

Giving in 2024 was up from $1.8 million the year before.

29% of its 2024 grantees had not received a grant from it the year before, a mix of repeat and new grantees.

Giving by year

Tax yearGrants paidNumber of grantsAssets
2023$1.8 million18$7.1 million
2024$2.2 million17$9.5 million

How to apply

Lakonishok Foundation says in its IRS filing that it only makes contributions to preselected organizations, so unsolicited applications are unlikely to be considered. Organizations it funds are usually invited.

IRS filings on ProPublica

What Lakonishok Foundation funds

Where it gives

Its grants went to recipients in 6 states, the most to Illinois.

StateGrantsAmount
Illinois10$1.9 million
New York2$141,000
Virginia2$102,000
California1$1,500
District of Columbia1$1,000
Washington1$500

Grants paid in 2024

All 17 grants
RecipientPurposeAmount
Joffrey Ballet
Chicago, IL
Arts$800,563
Chicago Symphony Orchestra
Chicago, IL
Arts$375,000
Lyric Opera of Chicago
Chicago, IL
Arts$250,000
Art Institute
Chicago, IL
Arts$250,000
University of Illinois
Urbana, IL
Education$200,000
Fidf
New York, NY
Charity$140,000
Navy Seal Foundation
Virginia Beach, VA
Charity - us military$100,000
Northwestern Medical School
Chicago, IL
Education$25,000
Hand in Hand USA
Oak Brook, IL
Charity$25,000
College Possible Chicago
Chicago, IL
Education$10,000
Northwesternkesan Camp
Chicago, IL
Education$2,600
Operation Smile
Virginia Beach, VA
Public health$2,000
Pancan
El Segundo, CA
Charity$1,500
Lincoln Park Zoo
Chicago, IL
Education$1,000
Holocaust Museum
Washington, DC
Education$1,000
Doctors Without Borders
New York, NY
Public health$1,000
Gift From A Child
Federal Way, WA
Charity$500

Officers and trustees

As listed in Part VIII of the 2024 filing.

Questions people ask

Does Lakonishok Foundation accept grant applications?

No. Its IRS filing says it only makes contributions to preselected organizations.

How much does Lakonishok Foundation give?

$2.2 million in tax year 2024, across 17 grants, with a typical grant of $25,000.

Who runs Lakonishok Foundation?

Its 2024 filing lists Josef Lakonishok (Pres).

What does Lakonishok Foundation fund?

Based on its grants, mainly arts and culture, education and health.

Similar foundations in Illinois