The LSV Asset Management Charitable Foundation
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.
Key facts about The LSV Asset Management Charitable Foundation
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.
- EIN
- 88-3596670
- Latest 990 filing
- Form 990-PF, 2025
- Annual giving (2025)
- $243,675
- Grants made (2025)
- 13
- Average grant
- $18,744
- Median grant
- $5,000
- New grantees (estimate)
- 46% first-time grantees (6 of 13, 2025)
- Total assets
- $422,006
- Primary geography
- Illinois (94% of itemized 2025 grant dollars)
- Accepts unsolicited proposals
- No
- How to apply
- The foundation makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Full details ↓
Data from IRS Form 990-PF, 2025; updated September 2026. New grantees are estimated by matching recipient names across years (methodology). Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$422K
-36.7% YoY
Annual Giving
$244K
-19.1% YoY
Grant Count
13
-27.8% YoY
Avg Grant Size
$19K
+12.0% YoY
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.
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. 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.
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.
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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
Share of 2025 grant dollars across all 13 itemized grants.
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2022 to 2025, annual grant giving ranged from $237K (2022) to $301K (2024). In 2025 it made 13 grants totaling $244K.
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
The largest 2025 recipient was A Better Chicago ($151K). Together the top 10 received $242K.
Grant Size Distribution
52 grants across all recorded years
The most common grant size was under $50K: 47 grants of 52 (90%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| A Better Chicago Chicago, IL | Community Grant | $151,000 |
| Greater Chicago Food Depository Chicago, IL | Community Grant | $19,400 |
| Invest for Kids Chicago, IL | Community Grant | $15,000 |
| Salvation Army Eastern Territory West Nyack, NY | Community Grant | $15,000 |
| The Salvation Army USA Central Territory Hoffman Estates, IL | Community Grant | $15,000 |
| Role Model Movement Inc Chicago, IL | Community Grant | $10,000 |
| Chicago Scholars Chicago, IL | Community Grant | $5,000 |
| Compass to Care The Mike & Sandy Ernsdorff Childhood Cancer Foundation Chicago, IL | Community Grant | $5,000 |
| The Nature Conservancy Chicago, IL | Community Grant | $5,000 |
| Hand in Hand USA Chicago, IL | Community Grant | $1,200 |
Financial History
Multi-year comparison from IRS filings
| Filing year | Assets | Expenses | Grants |
|---|---|---|---|
| 2025 | $422,006 | $244,434 | $243,675 |
| 2024 | $666,440 | $312,980 | $301,250 |
| 2023 | $979,420 | $274,935 | $273,500 |
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $422,006 | $666,440 | $979,420 |
| Expenses | $244,434 | $312,980 | $274,935 |
| Qualifying Distributions | $243,675 | $301,250 | $273,500 |
| Distributable Amount | $31,552 | $43,983 | $59,392 |
Data update history
When this profile's IRS filing data changed on Grantable
- Added Form 990-PF for fiscal year 2025 (received by the IRS July 24, 2026)
- IRS filings on file for fiscal years 2022–2024
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 2024 report compensation.
Officers on the 2024 filing
The latest filing that lists officers: our copy of the 2025 filing lists none.
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, 2022–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Contact
Mailing address: 155 North Wacker Drive 4600, Chicago, IL 60606
Phone: (312) 460-2443
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 September 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
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