Wayne Kocourek's net worth in 2026 is estimated in the range of $150 million to $250 million, with the lower bound anchored by publicly verifiable data from his family foundation's IRS filings. The Wayne and Nan Kocourek Foundation alone reported net assets of over $133 million for fiscal year 2023, and that figure doesn't include the private investment portfolio and personal assets he holds outside the foundation. So while there's no single audited number floating around, the publicly available evidence points firmly to nine-figure wealth.
Wayne Kocourek Net Worth: Best Estimates and How They’re Calculated
Who is Wayne Kocourek?

Wayne C. Kocourek is a Chicago-area private equity investor and principal of Mid Oaks Investments LLC, a firm he has run since 1986. He is based in Barrington Hills, Illinois, and his name surfaces in searches largely because of his philanthropic profile and the scale of the foundation he co-founded with his wife Nan Parks Kocourek in 2015. He is not a celebrity in the entertainment sense, but his family's name is attached to a 30,000-square-foot animal medical center on Chicago's Southwest Side (the Nan and Wayne Kocourek Medical Center at PAWS Chicago), which draws public attention and search interest.
Unlike politicians or entertainers whose financial disclosures are routine, Kocourek operates in the lower-profile world of principal investing, meaning he invests his own capital rather than managing outside funds. That makes him harder to research than a fund manager with SEC filings, but the foundation's mandatory IRS disclosures fill in a significant portion of the picture.
The best estimate: what the numbers actually say
The most defensible floor for Kocourek's net worth comes directly from IRS Form 990-PF filings for the Wayne and Nan Kocourek Foundation. For fiscal year ending December 2023, the foundation reported net assets of $133,650,130 and net income of $102,106,633 for that year alone. Revenue for that period came in at $111,313,699, driven primarily by contributions received and investment returns.
A separate aggregator, Instrumentl, using digitized 990-PF data updated through May 2026, puts total foundation assets at $124,935,053 with total giving of $15,335,895. The slight difference between these figures reflects different fiscal year snapshots, not contradictory data. Both paint the same picture: this is a foundation with assets well above $120 million.
Here is the critical interpretation point: a private foundation of this size almost always reflects wealth held outside it. Founders typically do not move the majority of their personal net worth into a charitable vehicle. The foundation is a wealth management and philanthropic tool, not a full accounting of everything Kocourek owns. That is why the estimate range extends well above the foundation's balance sheet. A conservative working estimate of $150 million to $250 million is reasonable given the foundation assets alone exceed $130 million and his four-decade investment career has continued generating returns.
Where the money comes from

Mid Oaks Investments and private equity
Mid Oaks Investments is the core engine. Founded in 1986, it operates as a private investment firm deploying the principals' own capital into private equity deals, primarily in manufacturing and industrial sectors. The firm targets companies with $25 million to $250 million in annual sales, a sweet spot for control buyouts and growth investments where returns can be substantial without the overhead of managing a large institutional fund.
One known exit: Kocourek sold Applied Industrial Materials Corp. in Chicago in 1997. That transaction would have generated a meaningful liquidity event and seeded the capital base that Mid Oaks has compounded since. Forty years of private equity investing, even at a small-to-mid-market scale, can accumulate to very large numbers when returns are reinvested consistently.
Foundation compensation

Wayne Kocourek draws a reported trustee compensation of $165,755 from the foundation, while his wife Nan, who serves as CEO, draws $150,000. These are modest figures relative to the foundation's asset base and represent a small fraction of his overall income picture. They are worth noting because they appear in the public IRS filing and are often the only confirmed compensation data available for someone in his position.
Assets and lifestyle signals
Barrington Hills, Illinois, where Kocourek is based, is one of the wealthiest communities in the greater Chicago area. Property values there routinely run into the multi-million dollar range for estate-sized lots, which is consistent with the wealth profile the financial data suggests. Beyond that, the most visible asset associated with his name is the Nan and Wayne Kocourek Medical Center at PAWS Chicago: a 30,000-square-foot veterinary facility on Chicago's Southwest Side. Named philanthropic giving at this scale (a major institutional building) indicates both significant capacity and a preference for directed, high-impact giving rather than flashy personal consumption.
There are no publicly reported yacht purchases, aircraft registrations, or art auction appearances connected to his name in the research record, which is consistent with the profile of a private-market investor who built wealth quietly over decades rather than through a public-facing career. That does not mean those assets do not exist; it simply means they are not documented in accessible public records.
How net worth estimates like this are calculated
For a private figure like Kocourek, the methodology is different from estimating a celebrity's wealth. There are no stock option grants, no publicly traded equity stakes, and no entertainment contracts to analyze. Instead, researchers work from several data layers.
- IRS Form 990-PF filings: Private foundations must file these annually with the IRS, and the documents are public. They show assets, liabilities, income, expenses, grants paid, and officer compensation. For Kocourek, these filings are the single most reliable primary data source.
- Secondary aggregators: Sites like ProPublica's Nonprofit Explorer, Instrumentl, Cause IQ, and Grantable digitize and index 990 filings to make them searchable. They are useful shortcuts but always lag the primary documents by months and occasionally introduce transcription differences.
- Business registry data: Sources like Owler and Massinvestor aggregate company information, including founding dates and executive titles. These are useful for confirming career context but are not financial statements.
- Comparable wealth benchmarks: Knowing that someone has operated a private equity firm for 40 years targeting mid-market industrial companies allows analysts to apply industry return benchmarks to produce a range estimate for private investment portfolios.
- Real estate and public records: Property records in Cook and Lake counties (Illinois) are publicly searchable and can confirm asset holdings, though they require direct lookup.
The honest caveat here is that private investors have no obligation to disclose personal balance sheets. The estimate range of $150 million to $250 million is probabilistic, not audited. If you are looking specifically for William Kozyra net worth updates, you will need to cross-check the latest primary reporting and credible aggregators, since figures can shift with new disclosures and market movements. The foundation data gives a reliable floor. The ceiling is speculative but grounded in the scale and duration of his investment activity. Different net worth aggregator sites may publish different figures because they weight these inputs differently or rely on older snapshots.
How this compares to other private investor profiles
Kocourek's profile is meaningfully different from the public-facing figures often covered on net worth reference sites. Kocourek's profile is meaningfully different from the public-facing figures often covered on net worth reference sites, such as the type of coverage people look for with nick kozmin net worth. Coach K net worth searches often refer to high-visibility sports careers, but Wayne Kocourek's estimate is instead anchored in private equity and foundation filings. Someone like a sports coach or fitness personality (like those covered in profiles of Coach Kozak, Coach K, or similar names that come up in related searches) builds wealth through a public career with trackable income streams: salaries, endorsements, media deals. If you are also comparing figures like coach kozak and claudia net worth, the key is still to separate public, income-based reporting from the kind of private capital allocation shown in Kocourek’s filings. Kocourek's wealth is built entirely through private capital allocation, which is harder to document but also tends to be more concentrated and less volatile once established.
| Data Source | Figure Reported | Fiscal Year | Confidence Level |
|---|---|---|---|
| IRS Form 990-PF (ProPublica) | Net assets: $133,650,130 | FY ending Dec 2023 | High (primary document) |
| Instrumentl (digitized 990-PF) | Total assets: $124,935,053 | Most recent filing, updated May 2026 | High (primary-derived) |
| Grantable (990-PF overview) | Total assets: ~$124.9M | 2024 filing, updated April 2026 | High (primary-derived) |
| Mid Oaks Investments (career) | Private portfolio (undisclosed) | Ongoing since 1986 | Low (estimated range only) |
| Overall net worth estimate | $150M–$250M | 2026 estimate | Moderate (floor verified, ceiling inferred) |
How to find updated numbers and verify the estimate yourself

Because foundation filings update annually and private investment values shift with markets, the smartest move is to go directly to primary sources rather than relying on any single net worth estimate (including this one). Here is exactly how to do it.
- Go to ProPublica Nonprofit Explorer and search 'Wayne and Nan Kocourek Foundation' (EIN: 47-6807414). Download the most recent 990-PF PDF directly. Look at Part II for balance sheet data: total assets, total liabilities, and net assets. This gives you the verified foundation floor.
- Cross-reference with Instrumentl or Cause IQ for a quick read on the same filing, but always confirm against the actual document if the number is important to you.
- Check Illinois Secretary of State business filings for Mid Oaks Investments LLC to confirm the entity is still active and to see any recent amendments (this won't show financials but confirms operational status).
- Search Cook County and Lake County property records online for any real estate holdings under Wayne C. Kocourek or related entities. Illinois property records are public.
- Set a Google Alert for 'Wayne Kocourek' or 'Mid Oaks Investments' to catch any new press coverage, philanthropic announcements, or business news that might update the picture.
- Revisit this site's profile page for updated estimates as new 990-PF filings are processed, typically in the May to July window each year after the foundation's annual filing deadline.
The next 990-PF covering fiscal year 2024 would typically be filed by mid-2025 or extended into 2026. Given that the June 2025 filing covered FY2023, the FY2024 filing may already be available or will appear shortly. Checking ProPublica around mid-2026 should surface that document and give you the most current verified foundation asset figure to anchor any updated estimate.
FAQ
Is Wayne Kocourek net worth based on audited financial statements?
Because he is a private equity principal and does not have publicly traded stock holdings that are consistently reported, the best “ground truth” is the foundation’s Form 990-PF. Personal wealth can be higher than foundation net assets, so any single “net worth” number is a model, not an audited statement of everything he owns.
What does the foundation’s IRS data include, and what does it not include?
No. IRS 990-PF filings show what the foundation owns and owes, plus trustee compensation paid by the foundation. They do not list his personal brokerage accounts, private investments held outside the foundation, real estate in his own name, or other non-foundation assets.
How do people justify the net worth range instead of a single exact figure?
The $150M to $250M range is mainly driven by (1) foundation net assets as a defensible floor and (2) the typical reality that founders keep most wealth outside the charitable entity. To sanity-check the ceiling, compare the foundation asset size to the investor’s decades-long principal investing track record and any reported liquidity events, then apply a wide margin because private asset values are not fully observable.
Why might foundation net income look very different from changes in net worth?
Watch for the difference between “net assets” and “net income” in 990-PF data. Net assets are a balance-sheet style snapshot, while net income reflects that year’s inflows and returns. A year with high investment gains can raise net assets, but it does not automatically mean net worth jumped by the same amount personally.
Can a foundation’s balance sheet drop even when the donor is wealthy?
Not always. If a foundation reports strong investment returns one year, the foundation’s assets can rise even if giving stays steady. Conversely, large distributions for programs or medical facilities can reduce net assets temporarily, without meaning the donor’s personal wealth has declined.
When should the Wayne Kocourek net worth estimate be recalculated using new filings?
Yes, the “floor” should be updated when the next 990-PF for the next fiscal year becomes available. For example, if FY2024 is filed later in 2025 or during 2026, it may revise the most recent foundation asset anchor used by aggregators and re-tighten or widen the estimate range.
Why do net worth sites show different numbers for the same person?
A common mistake is treating aggregator totals as directly equivalent to the foundation’s IRS-reported numbers. Different sites may use different fiscal-year snapshots, normalization rules, or partial data ingestion timing, so small discrepancies can be methodological rather than factual contradictions.
Does reported trustee compensation tell you his whole income picture?
Look at trustee compensation and CEO compensation entries, but do not infer total personal income. Foundation-paid compensation can be modest compared to overall wealth because wealth can be tied up in long-horizon investments, and many investors do not monetize everything via salary.
If there are no public signs of luxury assets, does that mean he has none?
In this context, absence of evidence in easily searchable records is not evidence of absence. Yacht, aircraft, and high-profile asset purchases may be held through entities, registered under different names, or simply not covered by accessible public databases, so your best approach is to rely on documented anchors like 990-PF.
What is the best way to use the estimate without overstating accuracy?
Because this is an estimate, a more reliable use-case is trend checking rather than pinpoint precision. If foundation assets increase consistently year over year and there is no major distribution shock, the model range is more likely to drift upward slowly; sharp swings usually reflect market-driven foundation valuations.
What are the practical steps to verify the numbers yourself?
If you are doing your own check, prioritize primary 990-PF filings, then reconcile dates and fiscal-year end. Also review whether net assets are reported as of a period that aligns with the year you are comparing, since mixing snapshots across years can distort the perceived trend.
Citations
ProPublica’s Nonprofit Explorer shows Wayne and Nan Kocourek Foundation (EIN 476807414) filed IRS Form 990-PF on June 11, 2025 for fiscal year ending Dec. 2023; it reports net assets of $133,650,130 and net income of $102,106,633 for that fiscal year.
Wayne and Nan Kocourek Foundation | Nonprofit Explorer - ProPublica - https://projects.propublica.org/nonprofits/organizations/476807414
ProPublica lists compensation for Wayne Kocourek (Trustee) of $165,755 and for Nan Kocourek (CEO) of $150,000 (as shown in the Explorer’s extracted compensation table).
Wayne and Nan Kocourek Foundation | Nonprofit Explorer - ProPublica - https://projects.propublica.org/nonprofits/organizations/476807414
Instrumentl (based on digitized IRS Form 990-PF filings; last updated May 5, 2026) states the Wayne and Nan Kocourek Foundation has total assets of $124,935,053 and total giving of $15,335,895.
Wayne and Nan Kocourek Foundation | 990 Report - Instrumentl - https://www.instrumentl.com/990-report/wayne-and-nan-kocourek-foundation
Grantable states the Wayne and Nan Kocourek Foundation was established in 2015 by Wayne C. Kocourek (founder and CEO of Mid Oaks Investments LLC) and his wife Nan Parks Kocourek; it also reports an overview from the 2024 IRS Form 990-PF showing total assets around $124.9M (last updated April 2026).
Wayne and Nan Kocourek Foundation — Grants, Financials & Contact | Grantable - https://grantable.co/funders/wayne-and-nan-kocourek-foundation-morg_ca9a5ff9cf36431cb3db9d25796d4c15
ProPublica provides direct document access for the foundation’s 990-PF (e.g., it shows a 990-PF filed on May 8, 2024 and a 990-PF filed on June 11, 2025) which readers can use as primary sources to update financial figures.
Wayne And Nan Kocourek Foundation | Nonprofit Explorer - ProPublica (Document links) - https://projects.propublica.org/nonprofits/organizations/476807414
ProPublica’s extracted financial data includes: revenue of $111,313,699 and expenses of $9,207,066 for the fiscal year ending Dec. 2023 (book value), implying that the foundation’s reported scale is dominated by contributions received.
Wayne And Nan Kocourek Foundation | Nonprofit Explorer - ProPublica - https://projects.propublica.org/nonprofits/organizations/476807414
LinkedIn’s profile for “Wayne Kocourek” (Barrington Hills, Illinois) lists him connected to “Mid Oaks Investments” and in the “About” section says he has been involved in principal investing since 1986 (over 30 years).
Wayne Kocourek - Mid Oaks Investments | LinkedIn - https://www.linkedin.com/in/wayne-kocourek-ab036597
Owler’s company profile for Mid Oaks lists “Wayne C Kocourek” as Chairman & CEO and gives a founding/established date of 1986 for the firm (note: this is a secondary aggregator, not a primary filing).
Mid Oaks Investments’s Competitors, Revenue, Number of Employees, Funding, Acquisitions & News - Owler Company Profile - https://www.owler.com/company/midoaks
Massinvestor database describes Mid Oaks Investments as founded in 1986 and states that Mid Oaks founder Wayne Kocourek “sold Applied Industrial Materials Corp. in Chicago in 1997.”
Mid Oaks Investments - Massinvestor Venture Capital and Private Equity Database - https://massinvestordatabase.com/Mid%2BOaks%2BInvestments/investmentfirm.php
Massinvestor describes Mid Oaks Investments as a private investment firm investing principals’ capital in private equity opportunities, with Mid Oaks seeking manufacturing/industrial and related sectors and generally targeting companies with $25M–$250M in sales (as stated there).
Mid Oaks Investments - Massinvestor Venture Capital and Private Equity Database - https://massinvestordatabase.com/Mid%2BOaks%2BInvestments/investmentfirm.php
Cause IQ shows Wayne and Nan Kocourek Foundation details (EIN 476807414) and includes a “net income”-style indicator in its dataset derived from IRS filings (secondary aggregator).
Wayne and Nan Kocourek Foundation | Cause IQ - https://www.causeiq.com/organizations/wayne-and-nan-kocourek-foundation%2C476807414/
PAWS Chicago publicly markets the “Nan & Wayne Kocourek Medical Center” and describes it as a 30,000-square-foot facility in Chicago’s Southwest Side, indicating documented philanthropy and named association with Wayne Kocourek.
Medical Center | PAWS Chicago (Nan & Wayne Kocourek Medical Center) - https://www.pawschicago.org/our-work/medical-center
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