Endowment / Foundation

Updated:

Ann & Robert H. Lurie Children's Hospital of Chicago

The hospital was established in 1882. Ann Lurie later provided a $100M naming gift through the Ann & Robert H. Lurie Children's Hospital of Chicago Foundation,...

Ann & Robert H. Lurie Children's Hospital of Chicago logo

Ann & Robert H. Lurie Children's Hospital of Chicago

The hospital was established in 1882. Ann Lurie later provided a $100M naming gift through the Ann & Robert H. Lurie Children's Hospital of Chicago Foundation, founded in 1987. Investment activity includes direct co-investments and SPVs. Confirmed holdings comprise Remmie via the Innovate2Impact Commercialization Fund and Grove Biopharma through the Stanley Manne Children's Research Institute. The portfolio also maintains exposure to Abundant Venture Partners. Geographic reach covers North America and Europe. The organization employs 7056 professionals. It maintains a 23-story main campus at 225 East Chicago Avenue and additional sites including the Stanley Manne Children's Research Institute and a planned Downers Grove facility. Northern Trust serves as custodian and PwC as auditor. March 2024 participation occurred at the Conference on Retroviruses and Opportunistic Infections. Governance separates the hospital operating entity from the dedicated foundation vehicle. Investment decisions route through a board committee that includes external partners from BDT & MSD.

General information

Firm type

Endowment / Foundation

Year founded

1882

Location

Region

North America

Country

United States

City

Chicago

Corporate office

225 East Chicago Avenue, Chicago, IL 60611, United States

Principals

Ann Lurie

Philanthropist and Major Donor

Altss tracks 2 additional named team members for this firm — including direct investment leads, IR, and operating principals not listed on the public website.

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Sector focus

Healthcare ServicesDigital Health

Frequently asked questions

Who runs investment decisions at Ann & Robert H. Lurie Children's Hospital of Chicago?

The Investment Committee is chaired by past board members including Roxanne Martino and vice-chaired by Robert L. Verigan of BDT & MSD.

Does Ann & Robert H. Lurie Children's Hospital of Chicago participate in fund commitments or only direct deals?

The endowment executes both direct co-investments through SPVs and commitments to external managers including hedge funds and private equity vehicles.

What asset classes appear in the endowment portfolio?

Holdings include public equities, hedge funds, private equity, fixed income, and real estate assets such as the main hospital campus valued at $1.218B.

Where does the underlying capital originate?

Capital stems from hospital operations, philanthropic gifts including the $100M contribution from Ann Lurie, and investment returns managed by the foundation established in 1987.

Which sectors receive allocation focus?

Allocations target healthcare services and digital health, with confirmed positions in biotechnology and healthcare technology startups.

Profile maintained by using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.

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