Program areas at The Lakeland Foundation
Although program expenses are combined, The Foundation has successfully supported The college in The three areas described below:1) student scholarships and grants - The Foundation's goal is to ensure that no area student is deprived of a Lakeland community college education for financial reasons. While there are a number of government grants and loans available to students, this assistance is not available to all students and almost never pays The full cost of an education. Many of lcc's students are often already working but simply, no matter how hard they try, lack sufficient resources to pay The entire cost of tuition and books. The Foundation provides scholarship assistance to these students to bridge The gap. 2) faculty development and teaching enhancement programs - a distinguishing mark of lcc's faculty is The quality of their teaching and commitment to innovation in The classroom and community. The Foundation supports these efforts by awarding faculty grants for new course/project development, collaborations with community and professional organizations, and professional development.3) technology upgrades and support to benefit faculty and/or students - training and developing students for The "knowledge economy" cannot take place without regular access to state-of-the-art equipment, software and The internet. Students who can barely afford tuition often do not have resources for a computer that is required for classwork, especially online courses. The Foundation awards student grants to help them purchase equipment, software, and maintain internet connections. The Foundation also provides funding for classroom technology upgrades so that students and faculty have access to and experience on state-of-the-art equipment specific to The many programs of instruction The college offers.
Who funds The Lakeland Foundation
Grants from foundations and other nonprofits
Personnel at The Lakeland Foundation
Name | Title | Compensation | Date of data |
---|
Gregory L Sanders | Executive Director , 01 and 03 and 19 - 06 and 30 and 19 | $83,750 | 2022-06-30 |
Michael Mayher | Treasurer | $0 | 2023-05-15 |
Ka-Pi Hoh | Board Chairperson / Board Member | $0 | 2022-06-30 |
Jon J Snyder | Vice Chairperson / Board Member | $0 | 2022-06-30 |
Dawn M Plante | Secretary | $0 | 2021-06-30 |
...and 1 more key personnel |
Financials for The Lakeland Foundation
Revenues | FYE 06/2023 | FYE 06/2022 | % Change |
---|
Total grants, contributions, etc. | $3,699,140 | $1,740,481 | 112.5% |
Program services | $0 | $0 | - |
Investment income and dividends | $175,128 | $105,405 | 66.1% |
Tax-exempt bond proceeds | $0 | $0 | - |
Royalty revenue | $0 | $0 | - |
Net rental income | $0 | $0 | - |
Net gain from sale of non-inventory assets | $280,377 | $233,874 | 19.9% |
Net income from fundraising events | $-33,328 | $-24,150 | -38% |
Net income from gaming activities | $0 | $0 | - |
Net income from sales of inventory | $0 | $0 | - |
Miscellaneous revenues | $0 | $0 | - |
Total revenues | $4,121,317 | $2,055,610 | 100.5% |
Organizations like The Lakeland Foundation
Organization | Type | Location | Revenue |
---|
Fox Valley Technical College Foundation | 501(c)(3) | Appleton, WI | $4,572,788 |
The Hillsborough Community College Foundation | 501(c)(3) | Tampa, FL | $9,578,709 |
William Rainey Harper College Educational Foundation | 501(c)(3) | Palatine, IL | $4,699,112 |
The Central High School Foundation | 501(c)(3) | Omaha, NE | $1,904,654 |
Washington Apple Education Foundation (WAEF) | 501(c)(3) | Wenatchee, WA | $1,568,020 |
Midlands Technical College Foundation | 501(c)(3) | Columbia, SC | $4,512,505 |
College of Central Florida Foundation | 501(c)(3) | Ocala, FL | $6,584,003 |
Pasco-Hernando State College Foundation | 501(c)(3) | New Port Richey, FL | $2,590,627 |
Georgia State University Risk Management Foundation | 501(c)(3) | Atlanta, GA | $1,322,440 |
College of Southern Maryland Foundation | 501(c)(3) | Laplata, MD | $2,075,257 |
Data update history
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
July 11, 2023
Posted financials
Added Form 990 for fiscal year 2022
July 3, 2023
Updated personnel
Identified 3 new personnel
Nonprofit Types
Grantmaking organizationsSchoolsCharities
Issues
Education
Characteristics
Provides grantsLobbyingFundraising eventsEndowed supportProvides scholarshipsFundraising races, competitions, and tournamentsTax deductible donationsNo full-time employees
General information
- Address
- 7700 Clocktower Dr
- Kirtland, OH 44094
- Metro area
- Cleveland-Elyria, OH
- County
- Lake County, OH
- Website URL
- lakelandfoundation.com/Â
- Phone
- (440) 525-7255
IRS details
- EIN
- 34-1369714
- Fiscal year end
- June
- Taxreturn type
- Form 990
- Year formed
- 1981
- 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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