Lakshmi Foundation
Lakshmi Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Chicago, IL. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $1.8M in total assets. In 2025, it awarded 21 grants totaling $173K. Net investment income was $144K.
Key facts about Lakshmi Foundation
- EIN
- 20-1746794
- Latest 990 filing
- Form 990-PF, 2025
- Annual giving (2025)
- $173,000
- Grants made (2025)
- 21
- Average grant
- $8,238
- Median grant
- $10,000
- New grantees (estimate)
- 19% first-time grantees (4 of 21, 2025)
- Total assets
- $1,824,081
- Primary geography
- Illinois (73% of itemized 2025 grant dollars)
Data from IRS Form 990-PF, 2025; updated September 2026. New grantees are estimated by matching recipient names across years (methodology).
Who Lakshmi Foundation funds
By grant dollars, the top recipient states for Lakshmi Foundation's 21 itemized 2025 grants were Illinois (73%), District of Columbia (12%) and California (9%). The most frequent recipient cities were Chicago, IL (9 grants), Washington, DC (2 grants) and Montgomery, AL (2 grants). 100% of grants with a stated purpose were for general or operating support.
Is Lakshmi Foundation open to new grantees?
19%
first-time grantees, 2025
In 2025, 4 of 21 grantees (19%) were first-time recipients. First grants averaged $8K; repeat grants $8K. How we count
Medians: $8K first-time, $10K repeat.
- 76% of 2025 grantees were also funded in 2024. Method
- Giving grew 35% from 2022 to 2025. Method
- In 2025 it paid out 135% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized IRS Form 990-PF grant lists (2020–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Next steps with Lakshmi Foundation
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Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$1.8M
-2.0% YoY
Annual Giving
$173K
+10.9% YoY
Grant Count
21
+16.7% YoY
Avg Grant Size
$8K
-4.9% YoY
Under IRS private-foundation payout rules, Lakshmi Foundation reported a distributable amount of $133K for 2025 — the minimum it must pay out in qualifying distributions.
About Lakshmi Foundation
Based on IRS filings
Lakshmi Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Chicago, IL. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $1.8M in total assets. In 2025, it awarded 21 grants totaling $173K. Net investment income was $144K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 21 itemized 2025 grant dollars.
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $1,824,081 | $1,860,892 | $2,005,694 |
| Revenue | $150,069 | $21,632 | $43,650 |
| Expenses | $186,880 | $166,434 | $123,852 |
| Qualifying Distributions | $179,739 | $160,685 | $122,957 |
| Net Investment Income | $143,806 | $57,896 | $48,235 |
| Distributable Amount | $132,698 | $81,444 | $77,329 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2025
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
Grant Size Distribution
95 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2025 grants, the largest recipients include Cheshire Project DBA Zeno Mountain Farm ($16,000), Aspire of Illinois ($12,000), Access Living of Metropolitan Chicago ($10,000).
| Recipient | Purpose | Amount |
|---|---|---|
| CHESHIRE PROJECT DBA ZENO MOUNTAIN FARM Venice, CA | GENERAL SUPPORT | $16,000 |
| ASPIRE OF ILLINOIS Hillside, IL | GENERAL SUPPORT | $12,000 |
| ACCESS LIVING OF METROPOLITAN CHICAGO Chicago, IL | GENERAL SUPPORT | $10,000 |
| CHICAGO FOUNDATION FOR WOMEN Chicago, IL | GENERAL SUPPORT | $10,000 |
| COLLABORATIVE COMMUNITY -CCHI Highland Park, IL | GENERAL SUPPORT | $10,000 |
| I AM ALS Washington, DC | GENERAL SUPPORT | $10,000 |
| NATIONAL PUBLIC RADIO Washington, DC | GENERAL SUPPORT | $10,000 |
| PLANNED PARENTHOOD OF ILLINOIS Chicago, IL | GENERAL SUPPORT | $10,000 |
| SPECIAL OLYMPICS OF ILLINOIS Normal, IL | GENERAL SUPPORT | $10,000 |
| TOTALLINK2 COMMUNITY Northbrook, IL | GENERAL SUPPORT | $10,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
No officer or director reported compensation in the available filings.
From 2025 IRS filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Kemery Bloom | Pres.treas.director | 5 | — |
| Kara Bloom | Director & VP | 1 | — |
| Matthew Chapman | Director & Secretary | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Lakshmi Foundation?
Lakshmi Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Chicago, IL. It holds $1.8M in total assets as of 2025.
How large is Lakshmi Foundation?
As of 2025, Lakshmi Foundation holds $1.8M in total assets with $150K in annual revenue. It awarded 21 grants totaling $173K in 2025.
Where does Lakshmi Foundation operate?
Lakshmi Foundation has awarded grants in Alabama, California, District of Columbia, Illinois, Missouri.
What size grants does Lakshmi Foundation award?
In 2025, Lakshmi Foundation awarded 21 grants totaling $173K — an average of about $8K per grant, based on its IRS Form 990 filings.
How much is Lakshmi Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2025, Lakshmi Foundation reported a distributable amount of $133K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Lakshmi Foundation's EIN?
Lakshmi Foundation's EIN (Employer Identification Number) is 20-1746794. IRS Form 990 filing data is available on this page for 2020–2025.
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Data last updated September 2026. Sourced from IRS Form 990-PF filings.