EIN 39-1269078

Lakeshore Technical College Foundation

IRS 501(c) type
501(c)(3)
Num. employees
0
Year formed
1976
Most recent tax filings
2023-06-01
Description
Lakeshore Technical College Foundation is a scholarship or financial aid organization in Cleveland, WI whose mission is: To provide private scholarships and assistance to students for education.
Total revenues
$852,080
2023
Total expenses
$2,963,371
2023
Total assets
$4,903,776
2023
Num. employees
0
2023

Program areas at Lakeshore Technical College Foundation

Support of instructional programs/services: this program is to provide additional support to the instructional programs and/or services of Lakeshore Technical College, including project grill. The center for healthcare excellence building expansion was the focus for fy22-23 with a total of $2,400,000.
Property donations to the College: the donor-assigned value of equipment received and transferred to the College. This program allows the College to upgrade or obtain equipment for instruction and to reduce the College budget required for such expenses.
Student scholarships: provided scholarship support to students at Lakeshore Technical College to encourage enrollment and retention in associate degree and Technical diploma programs at the College. Award disbursements are coordinated with financial aid. Scholarships were awarded to 585 students.
Student support: through board-approved appropriations, monetary support was provided to students in amounts ranging from $25 to $500 to dislocated workers and other students who have exhausted other means of financial aid. Student support was awarded to 80 students to assist with utilities, mortgage or rent payments, vehicle repairs, and other school expenses.

Who funds Lakeshore Technical College Foundation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Ruth St John and John Dunham West FoundationRestricted$500,000
Lakeshore Community Foundation$10K Center of Healthcare Excellence Campaign; $66,315 Scholarships; $61.5K John and Kate Miller Impact Fund$137,815
Vanguard Charitable Endowment ProgramFor Recipient's Exempt Purpose$100,000
...and 5 more grants received

Personnel at Lakeshore Technical College Foundation

NameTitleCompensation
Kristy LiphartExecutive Director$0
Jim GallimoreDirector and Past President$0
Mike MrdjenovichBoard Member$0
Ross NiemiPresident$0
Mike McEvoyTreasurer$0
...and 3 more key personnel

Financials for Lakeshore Technical College Foundation

RevenuesFYE 06/2023
Total grants, contributions, etc.$694,869
Program services$46,354
Investment income and dividends$104,827
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$-32,577
Net income from fundraising events$38,607
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$852,080

Form 990s for Lakeshore Technical College Foundation

Fiscal year endingDate received by IRSFormPDF link
2023-062024-03-18990View PDF
2022-062023-02-20990View PDF
2021-062022-04-07990View PDF
2021-062022-03-17990View PDF
2020-062021-04-15990View PDF
...and 10 more Form 990s
Data update history
May 21, 2024
Updated personnel
Identified 2 new personnel
May 3, 2024
Updated personnel
Identified 2 new personnel
October 25, 2023
Received grants
Identified 6 new grant, including a grant for $500,000 from Ruth St John and John Dunham West Foundation
June 19, 2023
Posted financials
Added Form 990 for fiscal year 2022
June 17, 2023
Updated personnel
Identified 3 new personnel
Nonprofit Types
Grantmaking organizationsSchoolsCharities
Issues
Education
Characteristics
Fundraising eventsEndowed supportFundraising races, competitions, and tournamentsTax deductible donationsNo full-time employees
General information
Address
1290 N Ave
Cleveland, WI 53015
Metro area
Sheboygan, WI
Website URL
gotoltc.edu/ltc-foundation 
Phone
(920) 693-1000
IRS details
EIN
39-1269078
Fiscal year end
June
Taxreturn type
Form 990
Year formed
1976
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
B82: Scholarships, Student Financial Aid Services
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
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