The LSV Asset Management Charitable Foundation

Private foundation · Grantmaker Chicago, IL EIN: 88-3596670

The LSV Asset Management Charitable Foundation is a private foundation based in Chicago, Illinois. It supports organizations working to help students and young people from under-resourced communities access educational opportunities and related services.

The LSV Asset Management Charitable Foundation at a glance

In short: The LSV Asset Management Charitable Foundation gave $244K across 13 grants in 2025 (avg $19K), mostly in Illinois. 46% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.

Annual giving (2025)
$243,675
-19.1% vs 2024
Grants made (2025)
13
-27.8% vs 2024
Average grant
$18,744
+12.0% vs 2024
Median grant
$5,000
Total assets
$422,006
-36.7% vs 2024
New grantees (estimate)
46% first-time grantees (6 of 13, 2025; small sample)
Primary geography
Illinois (94% of itemized 2025 grant dollars)
Latest 990 filing
Form 990-PF, 2025 View filing

Data from IRS Form 990-PF, 2025; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).

How to apply to The LSV Asset Management Charitable Foundation

Accepts unsolicited proposals
No
How to Apply

The foundation makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds.

Contact

Mailing address: 155 North Wacker Drive 4600, Chicago, IL 60606
Phone: (312) 460-2443

Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.

Who The LSV Asset Management Charitable Foundation funds

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2025

A Better Chicago: $151KA Better Chicago$151KGreater Chicago Food Depository: $19KGreater Chicago FoodDepository$19KInvest for Kids: $15KInvest for Kids$15KSalvation Army Eastern Territory: $15KSalvation Army EasternTerritory$15KThe Salvation Army USA Central Territory: $15KThe Salvation Army USA CentralTerritory$15KRole Model Movement Inc: $10KRole Model Movement Inc$10KChicago Scholars: $5KChicago Scholars$5KCompass to Care The Mike & Sandy Ernsdorff Childhood Cancer Foundation: $5KCompass to Care The Mike &Sandy Ernsdorff Childhood…$5KThe Nature Conservancy: $5KThe Nature Conservancy$5KHand in Hand USA: $1KHand in Hand USA$1K

The largest 2025 recipient was A Better Chicago ($151K). Together the top 10 received $242K.

Grant Size Distribution

52 grants across all recorded years

47<$50K1$50–100K4$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 47 grants of 52 (90%).

Geographic Focus

Where this funder awards grants

In 2025, 94% of grant dollars went to recipients in Illinois and 6% to recipients in New York.

Grant Distribution by State

4states

Share of 2025 grant dollars across all 13 itemized grants.

Cities

ChicagoOak BrookHighwoodBostonDetroitGlenviewHoffman EstatesWest Nyack

Is The LSV Asset Management Charitable Foundation open to new grantees?

46%

first-time grantees, 2025

In 2025, 6 of 13 grantees (46%) were first-time recipients. With only 13 grantees, that is a small sample: one grantee more or less moves the share by about 8 points. First grants averaged $9K; repeat grants $28K. How we count

Medians: $8K first-time, $5K repeat.

  • 54% of 2025 grantees were also funded in 2024. Method
  • Giving held roughly steady from 2022 to 2025 (+3%). Method
  • In 2025 it paid out 772% of its IRS minimum distribution (the 5% rule). Method

Estimate from itemized grant lists in IRS Form 990-PF filings (2022–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$100K$200K$300K$400K10 grants2022 11 grants2023 18 grants2024 13 grants2025

From 2022 to 2025, annual grant giving ranged from $237K (2022) to $301K (2024). In 2025 it made 13 grants totaling $244K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
A Better Chicago Chicago, ILCommunity Grant$151,000
Greater Chicago Food Depository Chicago, ILCommunity Grant$19,400
Invest for Kids Chicago, ILCommunity Grant$15,000
Salvation Army Eastern Territory West Nyack, NYCommunity Grant$15,000
The Salvation Army USA Central Territory Hoffman Estates, ILCommunity Grant$15,000
Role Model Movement Inc Chicago, ILCommunity Grant$10,000
Chicago Scholars Chicago, ILCommunity Grant$5,000
Compass to Care The Mike & Sandy Ernsdorff Childhood Cancer Foundation Chicago, ILCommunity Grant$5,000
The Nature Conservancy Chicago, ILCommunity Grant$5,000
Hand in Hand USA Chicago, ILCommunity Grant$1,200
Your AI grants department

Ready to take the next step with The LSV Asset Management Charitable Foundation?

Fully replaces Grant database subscriptions Instrumentl · Foundation Directory · GrantStation & similar

Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsDistributable Amount
2025$422,006—$244,434$243,67513$243,675$31,552
2024$666,440—$312,980$301,25018$301,250$43,983
2023$979,420—$274,935$273,50011$273,500$59,392
2022$1,254,355$1,500,000$245,645$237,30510$237,305$32,859

Under IRS private-foundation payout rules, The LSV Asset Management Charitable Foundation reported a distributable amount of $32K for 2025 — the minimum it must pay out in qualifying distributions.

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

Mission & Focus Areas

The foundation states that it was formed to support students and young people from under-resourced communities in accessing quality educational opportunities. Its primary activity is making grants to charitable organizations that provide educational, mentoring, nutritional, school-supply, and social-emotional support to help students attend school regularly and achieve academic success.

Its 2025 grantees include organizations with varied missions. A Better Chicago says it invests in ideas that create opportunities for Chicago youth; Chicago Hope Academy describes itself as a college- and life-preparatory high school; and Bookwallah Organization says it helps children heal from trauma through stories. The Greater Chicago Food Depository describes its mission as ending hunger in Cook County, while Hand in Hand USA says it supports humanitarian projects in rural India and elsewhere.

Grantmaking

In filing year 2025, the foundation reported 13 grants totaling $243,675. The grants ranged from $75 to $151,000, with a median grant of $5,000.

Among its largest reported grants were $151,000 to A Better Chicago, $19,400 to the Greater Chicago Food Depository, and $15,000 each to Invest for Kids, Salvation Army Eastern Territory, and The Salvation Army USA Central Territory. Other listed recipients included Role Model Movement Inc. ($10,000), Chicago Scholars ($5,000), Compass to Care The Mike & Sandy Ernsdorff Childhood Cancer Foundation ($5,000), and The Nature Conservancy ($5,000).

Leadership & Key People

Officers and directors from IRS filings

The LSV Asset Management Charitable Foundation is led by Scott Kemper, President on every filing since 2022; none of the 4 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Scott Kemper

    President

    On filings since 2022

    1 hr/week

    No compensation reported

  • Guy Lakonishok

    Treasurer

    On filings since 2022

    1 hr/week

    No compensation reported

  • Leslie Kondziela

    Secretary

    On filings since 2022

    1 hr/week

    No compensation reported

  • Marisa Rosenblatt

    Vice President

    On filings since 2022

    1 hr/week

    No compensation reported

Data from IRS Form 990 filings, 2022–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Frequently asked questions about The LSV Asset Management Charitable Foundation

How much does The LSV Asset Management Charitable Foundation give each year?

The LSV Asset Management Charitable Foundation gave $244K across 13 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $301K across 18 grants.

What is The LSV Asset Management Charitable Foundation's typical grant size?

The LSV Asset Management Charitable Foundation's median grant in 2025 was $5,000, and its average grant was $18,744, across 13 grants on its 2025 IRS Form 990-PF. Organizations receiving their first grant from The LSV Asset Management Charitable Foundation that year got $9K on average.

Where does The LSV Asset Management Charitable Foundation give grants?

The LSV Asset Management Charitable Foundation gives mostly in Illinois: 94% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest state was New York (6%). The most frequent recipient cities were Chicago, IL (11 grants).

Does The LSV Asset Management Charitable Foundation give general operating support?

Not in 2025: none of the 13 grants with a stated purpose on The LSV Asset Management Charitable Foundation's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Community Grant" (13 grants).

Who are The LSV Asset Management Charitable Foundation's largest grantees?

The LSV Asset Management Charitable Foundation's largest 2025 grantees include A Better Chicago ($151,000), Greater Chicago Food Depository ($19,400) and Invest for Kids ($15,000), according to its 2025 IRS Form 990-PF. Together they received 76% of its itemized 2025 grant dollars.

How large is The LSV Asset Management Charitable Foundation?

The LSV Asset Management Charitable Foundation reported $422K in total assets on its 2025 IRS Form 990-PF. It paid out $244K in qualifying distributions that year, against a required minimum of $32K (roughly 5% of its investment assets).

What does The LSV Asset Management Charitable Foundation fund?

The foundation states that it was formed to support students and young people from under-resourced communities in accessing quality educational opportunities. See mission & focus areas ↑

How do I apply for a grant from The LSV Asset Management Charitable Foundation?

The foundation makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑

What is The LSV Asset Management Charitable Foundation's EIN?

The LSV Asset Management Charitable Foundation's EIN (Employer Identification Number) is 88-3596670. IRS Form 990 filing data is available on this page for 2022–2025.

Does The LSV Asset Management Charitable Foundation accept unsolicited proposals?

No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑

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

Data update history

(2)

When this profile's IRS filing data changed on Grantable

  1. Added Form 990-PF for fiscal year 2025 (received by the IRS July 24, 2026)
  2. IRS filings on file for fiscal years 2022–2024

Live grants for the work The LSV Asset Management Charitable Foundation funds

Philanthropy, Voluntarism & Grantmaking Open opportunities, soonest deadline first.

Explore Open Grants

Browse active grant opportunities in The LSV Asset Management Charitable Foundation's focus areas in our free grants database

Similar Funders

Funders that support many of the same organizations

Enterprise Holdings Foundation

Saint Louis, MO

The Enterprise Holdings Foundation supports charitable and educational nonprofits in communities where Enterprise Mobility operates, focusing on health, education, arts, and disaster relief; applicants must be actively supported by an Enterprise Mobility team member, spouse, or domestic partner. Giving varies widely: it reported 9,499 grants in 2024, but its 2025 filing showed one grant of $101.4 million, so that amount is not a typical award. Applications are accepted at any time through eligible Enterprise-affiliated applicants; the Foundation does not limit giving to preselected organizations.

Assets

$594.3M

Grants

1

Total Given

$101.4M

Helen V Brach Foundation

Chicago, IL

The Helen V Brach Foundation funds education, animal and child welfare, and charitable, literary, arts, religious, and scientific purposes; its 2025 filings report 553 grants totaling about $5.9 million, but no typical award size is given. Recent filings show grants went to Illinois, including Chicago. It accepts requests from organizations not preselected for funding; an application form is available upon request, and applicants must be 501(c)(3) organizations.

Assets

$128.9M

Grants

1

Total Given

$6.8M

Leonard Family Charitable Foundation

Arlington HTS, IL

Assets

—

Grants

5

Total Given

$2K

AbbVie Foundation

North Chicago, IL

The AbbVie Foundation funds health equity, access to care, cancer care, community health, and related community-led programs through partnerships and employee initiatives. Its 2025 grants ranged from $8,000 to $15 million, with a median of $25,000; it supports work worldwide, with the largest share of recent grants going to Illinois. It makes grants only to preselected organizations and does not accept unsolicited requests.

Philanthropy, Voluntarism & Grantmaking

Assets

$265.6M

Grants

65

Total Given

$47.1M

Ch Robinson Worldwide Foundation

Sioux Falls, SD

The foundation funds community needs, supply-chain and logistics initiatives, and environmental sustainability, with a Twin Cities program focused on hunger, shelter, K–12 education, and workforce development. Its 2024 grants ranged from $750 to $2.69 million, with a median of $5,000; its Twin Cities program focuses on Minneapolis–St. Paul, while grants also went to organizations elsewhere. The Strategic Industry program is invitation-only, while the Twin Cities program has an application process.

Education

Assets

$18.2M

Grants

87

Total Given

$4.0M

United Way Worldwide

Alexandria, VA

United Way Worldwide funds community programs focused on youth opportunity, health, financial security, education, and disaster relief, with 2024 grants made across multiple U.S. states and internationally. Its 209 reported grants ranged from $5,100 to $736,333, with a median of $22,675. It does not state whether it accepts unsolicited grant requests.

Philanthropy, Voluntarism & Grantmaking

Assets

$68.0M

Grants

209

Total Given

$11.4M

More similar funders

More Funders in Illinois

Cite this profile

Grantable. (2026). The LSV Asset Management Charitable Foundation funder profile. GrantGraph. Retrieved October 20, 2026, from https://grantable.co/funders/the-lsv-asset-management-charitable-foundation-morg_fb4ebf48c2b04824974bf1e752c0ac2d

BibTeX
@misc{grantable_883596670_2026,
  author       = {{Grantable}},
  title        = {{The LSV Asset Management Charitable Foundation funder profile}},
  howpublished = {GrantGraph},
  year         = {2026},
  url          = {https://grantable.co/funders/the-lsv-asset-management-charitable-foundation-morg_fb4ebf48c2b04824974bf1e752c0ac2d},
  note         = {Accessed 2026-10-20. Data licensed CC BY 4.0}
}

The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.

Figures come from The LSV Asset Management Charitable Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.

The LSV Asset Management Charitable Foundation down — hundreds of funders to go?

Want AI to do this for you?