Lynn & Louis Wolfson Ii Family Foundation

CHICAGO, IL EIN: 46-6728773

The Lynn & Louis Wolfson II Family Foundation is a private independent foundation based in Chicago, Illinois. Established in July 2014, it operates as a 501(c)(3) organization with tax-exempt status. The foundation functions as a grantmaking entity focused on supporting charitable causes across multiple sectors.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

Annual Giving

$960K

+6.3% YoY

Grant Count

14

+0.0% YoY

Avg Grant Size

$69K

+6.3% YoY

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

Mission & Focus Areas

The foundation does not publicly provide a formal mission statement. However, its grantmaking activity indicates primary focus areas in:

  • Education
  • Philanthropy, Voluntarism & Grantmaking
  • Human Services
  • Arts and culture (including film and documentary work)

Grantmaking

The foundation does not respond to unsolicited applications for funding. Prospective applicants should approach the foundation directly for information about funding opportunities.

Grant Range

$50,000

How to Apply

**

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Geographic Focus

Where this funder awards grants

The foundation's grantmaking is concentrated primarily in:

  • Florida
  • New York
  • California

Grant Distribution by State

3states

Cities

CORAL GABLESLOS ANGELESLos AngelesMIAMIMIAMI BEACHMIAMI LAKESMarina Del ReyMiamiMiami BeachNew YorkOjaiPALMETTO BAYSANTA MONICASherman Oaks

Financial History

Multi-year comparison from IRS filings

As of December 2024:

  • Total Assets: $17.7 million
  • Total Revenue: $1.93 million
  • Total Expenses: $1.27 million
  • Total Liabilities: $0

As of December 2023:

  • Total Assets: $16.5 million
  • Total Revenue: $957,773
  • Total Expenses: $1.1 million

Revenue Composition (2023):

  • Investment income and dividends: $484,016
  • Net gain from sale of non-inventory assets: $467,298
  • Grants and contributions received: $6,459
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$0.275$0.55$0.8250000000000001$1.1201920202021202220232024
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$249K$498K$746K$995K6 grants20195 grants202012 grants202110 grants202214 grants202314 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

MIAMI DADE COLLEGE FOUND…$200KUM SCHOOL OF COMMUNICATION$167KEVERGLADES FOUNDATION$100KPLAYING FOR CHANGE FOUND…$75KTHE EDUCATION FUND$75KARMOUR DANCE THEATRE$75KNATIONAL AUDUBON SOCIETY…$50KADRIENNE ARSHT CENTER TR…$50KMIAMI CHILDREN'S MUSEUM …$35KYOUNG MUSICIANS UNITE INC$30K

Grant Size Distribution

55 grants across all recorded years

16<$50K26$50–100K11$100–250K2$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Leadership team and compensation from IRS filings

The foundation is managed by a board of co-trustees:

  • Northern Trust Co of Delaware (Co-Trustee, compensated at $51,000)
  • Louis Wolfson III (Co-Trustee)
  • Lynda Wolfson Fadel (Co-Trustee)
  • Amita Schultes (Co-Trustee)
  • Randi Wolfson (Co-Trustee)
  • Alexandra Fadel (Co-Trustee)

Compensation Overview

From 2024 IRS filing

NORTHERN TRUST CO OF…CO-TRUSTEE$56KAMITA SCHULTESCO-TRUSTEE$10KRANDI WOLFSONCO-TRUSTEE$10KALEXANDRA FADELCO-TRUSTEE$5K

From 2024 filing

NameTitleHoursCompensation
NORTHERN TRUST CO OF DELAWARECO-TRUSTEE40$56,452
LOUIS WOLFSON IIICO-TRUSTEE1
LYNDA WOLSON FADELCO-TRUSTEE1
AMITA SCHULTESCO-TRUSTEE1$10,000
RANDI WOLFSONCO-TRUSTEE1$10,000
ALEXANDRA FADELCO-TRUSTEE1$5,000

Recent News & Activity

Recent developments and announcements

The foundation has been active in supporting documentary filmmaking in South Florida through partnership with the Miami Film Festival. Recent initiatives include:

Miami filmmakers share $100K in prize money for making Florida stories -

Announcement of funding opportunities for local documentary filmmakers in partnership with the Miami Film Festival

Miami filmmakers share $100K in prize money for making Florida stories -

Distribution of $100,000 in prize money to Miami-based filmmakers through "The Louies" awards program, supporting filmmakers creating stories about South Florida

Miami filmmakers share $100K in prize money for making Florida stories -

Contact Information

Mailing Address: PO Box 803878 Chicago, IL 60680-3878

Telephone: 312-630-6000

Subject Areas

Focus areas based on grantmaking activity

Related Funders

Similar funders by location and focus area

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

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