# Lurie Children's

Lurie Children's is an Endowment / Foundation based in Chicago, United States.

## Overview

- **Organization type:** Endowment / Foundation
- **Headquarters:** Chicago, United States
- **Region:** North America
- **Address:** 225 East Chicago Avenue, Chicago, IL 60611
- **Founded:** 1882
- **Assets under management:** Undisclosed
- **Website:** luriechildrens.org
- **LinkedIn:** https://www.linkedin.com/company/ann-and-robert-h-lurie-children's-hospital-of-chicago

## Regulatory record

- **Reports private funds:** No

## About

Founded in 1882 as Children's Memorial Hospital, the institution was renamed after a transformative $100 million gift from philanthropist Ann Lurie in 2007. Today the Ann & Robert H. Lurie Children's Hospital of Chicago operates as the primary pediatric teaching and research partner for Northwestern University Feinberg School of Medicine, anchoring a network that includes outpatient centers in Lincoln Park and Skokie. The investment portfolio operates to support the hospital's clinical mission and academic research programs. While the foundation does not publicly disclose its specific asset allocation or portfolio size, the investment committee—chaired by former Nuveen Investments CEO John Amboian—is composed of senior Chicago finance and business figures, including Christopher Reyes, Co-Chairman of Reyes Holdings, and Brennan Smith, Partner at Perella Weinberg Partners. The governance structure implies a portfolio drawing on traditional endowment models, with direct committee oversight rather than an outsourced chief investment officer arrangement. The institution maintains a significant physical footprint, including the 225 East Chicago Avenue main campus, multiple outpatient centers, and the former Children's Memorial Hospital site at 2300 Children's Plaza. The hospital also holds a rooftop helipad and an art collection. Board members and executives participate in Chicago's professional network through the Economic Club of Chicago, and the institution is a member of the Federal Demonstration Partnership's expanded clearinghouse for research administration. Unlike pure grantmaking foundations, Lurie Children's operates both a healthcare delivery system and an affiliated foundation. This dual structure means the endowment must serve two masters: funding research and facilitating operations at an acute-care hospital, adding a layer of complexity to asset-liability management that differs from standard university endowments.

## Sectors

- Healthcare Services

## Offices

- 2515 N. Clark and 467 W. Deming, Chicago, IL 60614
- 3722 West Touhy Avenue, Skokie, IL

## People

- Thomas P. Shanley — President and CEO
- John Amboian — Board Member, Chair of Investment Committee
- Christopher Reyes — Board Member
- Brennan Smith — Board Member
- Ann Lurie — Founder, Philanthropist, Former Board Member

## Questions

### How is the foundation related to the hospital's operations?

The hospital and its foundation operate as an integrated entity, meaning the endowment must fund clinical operations as well as academic research. This creates an asset-liability profile distinct from a standalone grantmaking foundation, as spending must track healthcare delivery costs at the region's largest pediatric acute-care provider.

### What role did Ann Lurie play in the institution's formation?

Ann Lurie is the institution's namesake and founding philanthropist. Her $100 million gift in 2007 prompted the renaming from Children's Memorial Hospital to Ann & Robert H. Lurie Children's Hospital of Chicago. She served on the board during the transition.

### What is the hospital's relationship with Northwestern University?

Lurie Children's serves as the primary pediatric teaching hospital for Northwestern University Feinberg School of Medicine. The partnership links the foundation's capital to faculty research programs and medical education, adding an academic dimension to the investment mandate.

## Related profiles

- [Children's Medical Center Corporation](https://altss.com/profile/children-s-medical-center-corporation)
- [Children's Wisconsin](https://altss.com/profile/children-s-wisconsin)

---

Last updated: 2026-06-03T20:00:00.000Z

Canonical page: https://altss.com/profile/children-s-memorial-medical-center-and-affiliated-corporations

Maintained by Altss — https://altss.com — methodology: https://altss.com/methodology