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· Private foundation

Lakonishok Foundation

Its FY2024 filing reports that it funds preselected organizations and did not take unsolicited requests; check the foundation's own site before ruling it out.

$2.2M
Granted FY2024still arriving
17
Grants FY2024still arriving
6
States reached
$801k
Largest
01What it funds
0198% classified

What it funded, over time

Every grant placed by its stated purpose and the recipient’s mission, by year, FY2020 to 2024.

Arts & Culture$6.5MEducation$835kInternational$602kHealth$26kPublic Benefit$15kRecreation & Sports$10kAnimals$5kPhilanthropy$5kOther$0
02FY2024 · 17 grants

Where the money goes

Grants by size, and the largest recipients.

By grant size · FY2024

  • Under $10k7 grants · $10k
  • $10k–50k3 grants · $60k
  • $50k–250k3 grants · $440k
  • $250k+4 grants · $1.7M
$25,000
Median grant
6
States reached
$8.5M
Total assets
Largest grants
RecipientAmount
JOFFREY BALLET$800,563
CHICAGO SYMPHONY ORCHESTRA$375,000
LYRIC OPERA OF CHICAGO$250,000
ART INSTITUTE$250,000
UNIVERSITY OF ILLINOIS$200,000
FIDF$140,000
NAVY SEAL FOUNDATION$100,000
HAND IN HAND USA$25,000
NORTHWESTERN MEDICAL SCHOOL$25,000
COLLEGE POSSIBLE CHICAGO$10,000
Individual grant recipient$2,600
OPERATION SMILE$2,000
PANCAN$1,500
HOLOCAUST MUSEUM$1,000
LINCOLN PARK ZOO$1,000
02The need
03

Does the money reach high-need areas?

Each grant placed by the hardship in its grantee’s ZIP, against the area’s typical level.

show:

Dollar for dollar, its grants (FY20–24) land where the poverty rate runs at 14%, against an area that typically sits at 10%. 94% of its dollars go to grantees based in above-average-need neighborhoods. Most of its grants land in higher-need ZIPs.

area typical 10%BEVERLY SHORES TOWN PARKS: $10k → 9%MISC: $3k → 14%UNIVERSITY OF ILLINOIS: $200k → 19%UNITED CHARITABLE: $5k → 4%TURNING POINT USA: $10k → 11%UNIVERSITY OF ILLINOIS: $200k → 19%TURNING POINT USA: $5k → 11%UNIVERSITY OF ILLINOIS: $200k → 19%HAND IN HAND USA: $25k → 7%UNIVERSITY OF ILLINOIS: $100k → 19%HAND IN HAND USA: $20k → 7%HAND IN HAND USA: $20k → 7%NAVY SEAL FOUNDATION: $100k → 10%HAND IN HAND USA: $10k → 7%JOFFREY BALLET: $801k → 14%NAVY SEAL FOUNDATION: $100k → 10%JOFFREY BALLET: $530k → 14%NAVY SEAL FOUNDATION: $100k → 10%HAND IN HAND USA: $5k → 7%JOFFREY BALLET: $525k → 14%NAVY SEAL FOUNDATION: $10k → 10%JOFFREY BALLET: $525k → 14%JOFFREY BALLET: $510k → 14%ART INSTITUTE: $251k → 14%ART INSTITUTE: $250k → 14%ART INSTITUTE: $250k → 14%ART INSTITUTE: $250k → 14%ART INSTITUTE: $250k → 14%COLLEGE POSSIBLE CHICAGO: $10k → 14%NORTHWESTERN MEDICAL SCHOOL: $25k → 14%NORTHWESTERN MEDICAL SCHOOL: $20k → 14%NORTHWESTERN MEDICAL SCHOOL: $17k → 14%NORTHWESTERN MEDICAL SCHOOL: $15k → 14%NORTHWESTERN MEDICAL SCHOOL: $10k → 14%LYRIC OPERA OF CHICAGO: $251k → 14%LYRIC OPERA OF CHICAGO: $251k → 14%LYRIC OPERA OF CHICAGO: $250k → 14%COLLEGE POSSIBLE: $10k → 14%LYRIC OPERA OF CHICAGO: $250k → 14%COLLEGE POSSIBLE: $5k → 14%LYRIC OPERA OF CHICAGO: $250k → 14%COLLEGE POSSIBLE: $5k → 14%EVANS SCHOLARS FOUNDATION: $5k → 14%EVANS SCHOLARS FOUNDATION: $5k → 14%CHICAGO SYMPHONY ORCHESTRA: $375k → 14%EVANS SCHOLARS FOUNDATION: $5k → 14%CHICAGO SYMPHONY ORCHESTRA: $372k → 14%E SCHOLARS FOUNDATION: $5k → 14%0%20%40%50%more need →
grant to an above-average-need area below average· circle size = grant amount
How this is measured
Matched: human-services grants are those whose grantee’s IRS cause code is Human Services. Placed by people below the poverty line in the grantee’s ZIP, averaged from the tracts in that ZIP.

Which US states its grants reach

WA
MN
IL
NY
IN
CA
VA
AZ
DC
FL
How this is measured
US grants placed by each grantee’s ZIP, which can differ from where services are delivered. Need from public data (U.S. Census/ACS, CDC PLACES, Eviction Lab, USDA), shown as context about the area, never attributed to the funder’s giving.
03Its grantees
repeat funding

Who it funds again

Organizations funded in more than one year, against those funded once.

99%of every dollar goes to organizations it has funded before.
$7.9M · 22 repeat orgs$40k to everyone else

22 repeat relationships: 14 still active in FY2024, 8 since wound down; 3 grantees were first funded in FY2024 (too recent to call).

How the two cohorts compare

Re-uppedFunded once

Organizations

22
12

Total granted

$7.9M
$36k

Median revenue growth · since first grant

+22%
+31%

Still filing today

68%
25%

New vs renewed · share of each year

In FY2024, 100% of grant dollars renewed an existing relationship; $4k went to new ones.

50%100%’20’21’22’23’24
RenewedFirst-time

Where new relationships form · theme of each grantee’s first grant

’20’21’22’23’24
Arts & CultureHealthInternationalEducationAnimalsFood & NutritionOther
How this is measured
First-time means a grantee’s first year in the filing window; renewed means funded in an earlier year too. The renewed share climbs naturally as a portfolio matures, so the signal is a year that bucks it (a wave of new grantees). The earliest year is left-censored: relationships that predate the data read as new. Theme is the grantee’s IRS cause.

Backed again, and grew

  • TJ
    THE JOFFREY BALLET
    5× · 2020–2024 · $2.9M · revenue +57%
  • LO
    Lyric Opera of Chicago
    5× · 2020–2024 · $1.3M · revenue +34%
  • CS
    Chicago Symphony Orchestra
    2× · 2023–2024 · $747k · revenue +56%

Funded once

  • BS
    BEVERLY SHORES TOWN PARKS
    one grant, 2020 · $10k
  • ES
    ERIC & SALOME ESTORICK MUSEUM
    one grant, 2022 · $10k
  • ES
    E SCHOLARS FOUNDATION
    one grant, 2020 · $5k
How this is measured

Repeat means funded in two or more distinct years. Growth and survival are read from each grantee’s own subsequent IRS filings.

04Its field

Closest unfunded matches

The nonprofits that most resemble its grantees but are not funded by it, scored along the direction from the rest of the field toward the portfolio. A resemblance in what they say they do, not a recommendation.

1
Massachusetts Institute of Technology

The mission of mit is to advance knowledge and educate students in science, technology, and other areas of scholarship that will best serve the nation and the world in the 21st century.

Education
2
United States Naval Institute

Provide an independent forum for those who dare to read, think, speak, and write to advance the professional, literary, and scientific understanding of sea power and other issues critical to global security.

—
3
Uchicago Medicine Network Inc

Uchicago medicine network, inc. supports and encourages health and human service by providing support, directly or indirectly to ingalls memorial hospital, the university of chicago medical center, and other related tax-exempt…

Health
4
United States Olympic and Paralympic Committee

Empowering the competitive excellence and well-being of team usa athletes, championing the power of sport, and inspiring the nation.

Recreation & Sports
5
National Opinion Research Center

See schedule onorc at the university of chicago conducts research and data science on critical societal issues to guide decision-making and the development of programs and public policy. our experts identify relationships and trends, and…

Social Science
6
Central Indiana Corporate Partnership Inc

Central indiana corporate partnership (cicp) is an alliance of indiana's business and research university leaders coming together to foster long-term prosperity for the region. cicp's mission is to transform the economy of indiana in order…

Community Improvement
7
Columbia College Chicago

The organization's mission is to educate students for creative occupations in diverse fields of arts and media.

Education
8
President and Fellows of Harvard College

Undergraduate, graduate, and professional education and research across a broad array of academic domains.

Education
9
Saint Xavier University

Saint xavier university, a catholic institution inspired by the heritage of the sisters of mercy, educates persons to search for truth, think critically, communicate effectively and serve wisely and compassionately in support of human…

Education
10
University of New Haven

The University of New Haven is a student-centered comprehensive university with an emphasis on excellence in liberal arts and professional education. Our mission is to prepare our students to lead purposeful and fulfilling lives in a…

Education
11
Chicago Public Education Fund

The chicago public education fund (the fund) is a nonprofit organization that improves public schools in chicago by investing in the talented educators who lead them.

Education
12
University of Maryland Neurosurgeryassociates Pa

Under the medical service plan of the university of maryland school of medicine, medical services are rendered by the members of the faculty on behalf of the school of medicine in connection with their duties to provide clinical…

Education
How this is measured
The grantee most central to the portfolio’s shape is Music Institute of Chicago; the most unlike its peers is Hand in Hand Usa. Resemblance is measured on each organization’s own IRS 990 mission text; it reflects how work is described, not its quality or impact.
04the grantee network

20 grantees tracked through their own filings, 2017–2025.

Each grant beside the grantee’s revenue from every source, year by year.

How this is measured

Counted here: distinct organizations funded across 2017 to 2025, not grant rows in a single year, so this will not match the grant count on the cover. 20 of the 38 grantees resolved in that span have returns of their own we could reconcile.

Each grantee is resolved to its own IRS returns. Association, dated; never a causal claim.

0
Load-bearing (≥25% of a budget)
0
Early backer (in before they grew)
20/20
Grantees still filing
16/20
Grew since first funded

Where the money sits, by cause and then by grantee

THE JOFFREY BALLET: $2,890,268 · Arts & CultureTHE JOFFREY BALLETLyric Opera of Chicago: $1,251,208 · Arts & CultureLyric Opera of ChicagoChicago Symphony Orchestra: $747,230 · Arts & CultureChicago Symphony OrchestraNAVY SEAL FOUNDATION INC: $310,000 · Arts & CultureNAVY SEAL FOUNDATION INC+2 more: $2,500 · Arts & CultureART INSTITUTE: $1,251,404 · OtherART INSTITUTEUNIVERSITY OF ILLINOIS: $700,000 · OtherUNIVERSITY OF ILLINOISNORTHWESTERN MEDICAL SCHOOL: $86,850 · Other+16 more: $74,450 · OtherFRIENDS OF THE ISRAEL DEFENSE FORCES: $520,000 · International+2 more: $11,000 · InternationalHand in Hand USA: $80,000 · Health+3 more: $5,750 · HealthCOLLEGE POSSIBLE INC: $30,000 · EducationUniversity of Chicago: $2,000 · EducationUNITED CHARITABLE: $5,000 · PhilanthropyTHE CLEAR FUND: $500 · PhilanthropyLINCOLN PARK ZOOLOGICAL SOCIETY: $5,000 · AnimalsGREATER CHICAGO FOOD DEPOSITORY: $1,000 · Food & Nutrition
Arts & Culture$5,201,206Other$2,112,704International$531,000Health$85,750Education$32,000Philanthropy$5,500Animals$5,000Food & Nutrition$1,000

Each grantee by its size and the funder’s share of it; top left is load-bearing

25%50%75%100%$1.0M$10M$100Mgrantee revenue →↑ funder's share of their budgetTHE JOFFREY BALLET: $2,890,268 over 5y, 4.2% of budgetLyric Opera of Chicago: $1,251,208 over 5y, 0.5% of budgetChicago Symphony Orchestra: $747,230 over 2y, 0.5% of budgetFRIENDS OF THE ISRAEL DEFENSE FORCES: $520,000 over 4y, 0.2% of budgetNAVY SEAL FOUNDATION INC: $310,000 over 4y, 0.4% of budgetHand in Hand USA: $80,000 over 5y, 4.2% of budgetCOLLEGE POSSIBLE INC: $30,000 over 4y, 0.0% of budgetTURNING POINT USA INC: $15,000 over 2y, 0.0% of budgetOPERATION SMILE INC: $10,000 over 5y, 0.0% of budgetUNITED CHARITABLE: $5,000 over 1y, 0.0% of budgetLINCOLN PARK ZOOLOGICAL SOCIETY: $5,000 over 5y, 0.0% of budgetPANCREATIC CANCER ACTION NETWORK INC: $2,500 over 2y, 0.0% of budgetUniversity of Chicago: $2,000 over 2y, 0.0% of budgetMUSIC INSTITUTE OF CHICAGO: $2,000 over 2y, 0.0% of budgetWellness House: $2,000 over 1y, 0.1% of budgetADVOCATE CHARITABLE FOUNDATION: $1,250 over 2y, 0.0% of budgetGREATER CHICAGO FOOD DEPOSITORY: $1,000 over 2y, 0.0% of budgetMEDECINS SANS FRONTIERES USA INC: $1,000 over 1y, 0.0% of budgetMERIT SCHOOL OF MUSIC: $500 over 1y, 0.0% of budgetTHE CLEAR FUND: $500 over 1y, 0.0% of budget
Grantee by grantee: a decade per organization, before and after funding

A decade per grantee: revenue shaded, grants as bars, all rows on one timeline.

  • Who funds THE JOFFREY BALLET ↗
  • Who funds Lyric Opera of Chicago ↗
  • Who funds Chicago Symphony Orchestra ↗
  • Who funds FRIENDS OF THE ISRAEL DEFENSE FORCES ↗
  • Who funds NAVY SEAL FOUNDATION INC ↗
  • Who funds Hand in Hand USA ↗
  • Who funds COLLEGE POSSIBLE INC ↗
  • Who funds TURNING POINT USA INC ↗
  • Who funds OPERATION SMILE INC ↗
  • Who funds UNITED CHARITABLE ↗
  • Who funds LINCOLN PARK ZOOLOGICAL SOCIETY ↗
  • Who funds PANCREATIC CANCER ACTION NETWORK INC ↗
  • Who funds University of Chicago ↗
  • Who funds MUSIC INSTITUTE OF CHICAGO ↗
  • Who funds Wellness House ↗
  • Who funds ADVOCATE CHARITABLE FOUNDATION ↗
  • Who funds GREATER CHICAGO FOOD DEPOSITORY ↗
  • Who funds MEDECINS SANS FRONTIERES USA INC ↗
  • Who funds MERIT SCHOOL OF MUSIC ↗
  • Who funds THE CLEAR FUND ↗

Co-funders

Grantmakers whose grantees overlap with this funder’s far more than size alone predicts. Closer means stronger alignment; arcs show where they also fund each other. Here they form a tightly interlocked group: most of these funders back each other's grantees too.

The Blackbaud Giving FundSC11.6× affinity4 shared granteesties to 3 of 3Hover any node to trace its alignments.Compare side by side →

Open a dossier: The Blackbaud Giving Fund · Donor Advised Charitable Giving Inc · Fidelity Investments Charitable Gift Fund · Amazonsmile Foundation

How this is measured
Affinity is a Gamma-Poisson posterior co-funding rate, re-centered on the typical rate, so thin evidence shrinks toward no signal. Overlap is association, not proof of shared intent.

How much its grantees rely on government

Each dot is one organization Lakonishok Foundation funds: left to right is the share of its income from government, bottom to top the share from Lakonishok Foundation. Bigger dots raise more.

2024
’20’21’22’23’24’25
no gov · 00%0%1%3%5%funder's share of their income ↑0%10%20%30%40%share of the org’s income from government →
    no gov moneyreceives it· size = income
    0get no government money at all
    3report government grants on their 990 we could not trace to a source (not plotted)
    0rely on government for over half their income
    ⤢ axis zoomed · 0–40%
    typical government reliance, FY20–25
    How this is measured
    Government income is each org’s traced federal awards (USASpending grants and contracts) plus state payments (open checkbooks) as a share of its total revenue (IRS Form 990); the self-reported government-grant line (990 line 1e) is carried for cross-check: a grantee that reports government grants we could not trace to a source is left off the chart rather than shown as receiving none. An association, not a claim that a grant caused the public funding. Coverage is precision-first, a floor rather than a census; state records exist for 9 states, so a grantee outside them shows no state figure (dimmed) rather than a false zero. Federal award amounts are obligations, which can span years, so a single-year share is indicative. 990 filings lag 12 to 24 months.

    On method. Every financial figure here is read from IRS e-file XML, the funder’s own 990/990-PF, and from the multi-year returns of the 38 grantees we resolved, each linked to its source. Grantee outcomes are each organization’s own program-service reporting (Form 990, Part III), read as association with funding, never as caused by it. Low-confidence name matches are suppressed rather than guessed. How we build these →

    How this is measured
    Each figure carries one of six labels. Filed is what the funder reported on its return. Official is another government record about an organization, such as a federal award or a charity register, joined by name where no shared identifier exists. Resolved is an identity we worked out where the filing named a recipient without an EIN, kept only above a measured confidence threshold. Computed is arithmetic over those, like themes, portfolio clusters and co-funder strength. Context is a statistic about a place rather than about an organization, which is what the need overlay is: it describes the area a grantee’s address sits in, not where its work lands. Inferred is drawn by a model from text, like the partnerships read out of public news and organization websites. Each is labeled where it appears.

    Generated from the IRS Form 990-PF e-file return for fiscal year 2024, released 2024. Filings run roughly 12 to 24 months behind; figures are dated accordingly.

    Source object · view filing

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