Lakonishok Foundation

CHICAGO, IL EIN: 46-3460720

Polsky-recipient-announced---Gun-Violence-Response-Fund---more.html?soid=1110781876126&aid=cM-vhtcyC9M type: exa:news title: $7 million in grants distributed + Polsky recipient announced + Gun Violence Response Fund + more type: exa:news title: Akron Community Foundation's Millennium Fund for Children awards $63,000 in grants - Akron Community Foundation

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

Annual Giving

$2.2M

+24.5% YoY

Grant Count

17

-5.6% YoY

Avg Grant Size

$129K

+31.8% YoY

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

The foundation supports a broad spectrum of charitable purposes including:

  • Arts and culture
  • Education
  • Veteran services
  • Human services
  • Hospitals and health services
  • Wildlife preservation
  • Museums
  • Family services
  • Community services

Grantmaking

The foundation demonstrates significant support for arts and cultural organizations in the Chicago area.

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Geographic Focus

Where this funder awards grants

The foundation primarily operates in Chicago, Illinois and the surrounding region, with documented support for local institutions and organizations.

Grant Distribution by State

10states
+2 more states

Cities

ASHBURNBEVERLY SHORESCHICAGODOWNERS GROVEEL SEGUNDOEVANSTONFEDERAL WAYGLENVIEWHINSDALELAPORTENEW YORKOAK BROOKOAKLANDORLANDOPHOENIXURBANAVIRGINIA BEACHWASHINGTONWINNETKA

Financial History

Multi-year comparison from IRS filings

As of December 31, 2023:

  • Total Assets: $7,912,086
  • Total Revenues: $1,651,982
  • Total Expenses: $1,765,810
  • Total Liabilities: $0

Revenue Breakdown (2023):

  • Grants and contributions: $526,650
  • Investment income and dividends: $478,261
  • Net gain from sale of non-inventory assets: $626,420
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$0.275$0.55$0.8250000000000001$1.120202021202220232024
Metric202420232022
Total Assets
Revenue
Expenses
Qualifying Distributions
Net Investment Income
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$546K$1M$2M$2M19 grants202020 grants202120 grants202218 grants202317 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

JOFFREY BALLET$801KCHICAGO SYMPHONY ORCHESTRA$375KLYRIC OPERA OF CHICAGO$250KART INSTITUTE$250KUNIVERSITY OF ILLINOIS$200KFIDF$140KNAVY SEAL FOUNDATION$100KNORTHWESTERN MEDICAL SCH…$25KHAND IN HAND USA$25KCOLLEGE POSSIBLE CHICAGO$10K

Grant Size Distribution

94 grants across all recorded years

66<$50K$50–100K11$100–250K12$250–500K5$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Joffrey Ballet ($800,563), Chicago Symphony Orchestra ($375,000), Lyric Opera of Chicago ($250,000).

RecipientPurposeAmount
JOFFREY BALLET CHICAGO, ILARTS$800,563
LINCOLN PARK ZOO CHICAGO, ILEDUCATION$1,000
OPERATION SMILE VIRGINIA BEACH, VAPUBLIC HEALTH$2,000
LYRIC OPERA OF CHICAGO CHICAGO, ILARTS$250,000
HOLOCAUST MUSEUM WASHINGTON, DCEDUCATION$1,000
NORTHWESTERN MEDICAL SCHOOL CHICAGO, ILEDUCATION$25,000
HAND IN HAND USA OAK BROOK, ILCHARITY$25,000
ART INSTITUTE CHICAGO, ILARTS$250,000
FIDF NEW YORK, NYCHARITY$140,000
UNIVERSITY OF ILLINOIS URBANA, ILEDUCATION$200,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
JOSEF LAKONISHOKPRES10

Contact Information

Address: 1943 N Burling St Chicago, IL 60614-5123

Telephone: 217-356-9199

EIN: 46-3460720

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What does Lakonishok Foundation fund?

The foundation supports a broad spectrum of charitable purposes including: • Arts and culture • Education • Veteran services • Human services • Hospitals and health services • Wildlife preservation • Museums • Family services • Community services

How do I apply for a grant from Lakonishok Foundation?

**Grant Activity:** • Made 20 grants in 2023 • Total giving: $2,185,163 **Recent Major Grants (2023):** • Joffrey Ballet: $524,705 • Chicago Symphony Orchestra: $372,230 • Lyric Opera of Chicago: $250,708 The foundation demonstrates significant support for arts and cultural organizations in the Chicago area.

Where does Lakonishok Foundation make grants?

The foundation primarily operates in Chicago, Illinois and the surrounding region, with documented support for local institutions and organizations.

What size grants does Lakonishok Foundation award?

In 2024, Lakonishok Foundation awarded 17 grants totaling $2.2M — an average of about $129K per grant, based on its IRS Form 990 filings.

What is Lakonishok Foundation's EIN?

Lakonishok Foundation's EIN (Employer Identification Number) is 46-3460720. IRS Form 990 filing data is available on this page for 2020–2024.

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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.

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