Program areas at Lake Land College Foundation
The Lake Land College Foundation was organized and operates exclusively for education and charitable purposes designed to promote the welfare of Lake Land College, mattoon, Illinois, and its students. The major thrust of the Foundation is to provide scholarships to Lake Land College students. During the past year, through the generous donations of area individuials, businesses, and organizations, the Foundation awarded $606,020 in scholarships to about 496 deserving students. These scholarships vary in amounts awarded and criteria. First accomplishment for awarding, is based on the donor's wishes and/or guidelines established by the Lake Land College Foundation board of directors. Donors who reach a specified level of lifetime giving are recognized on an annual basis and also have the opportunity to meet their scholarship recipient(s) at an annual reception.donors represent a diverse background from the 4,000 square mile district. Many donors have been dedicated to helping students for more than two decates. They believe in the community College and are committed to ensuring that the region has a trained workforce to meet the needs of local business and industry. Donors are also expanding their support by providing additional resources for the unmet financial needs of the College due to declining state support and a sluggish local property tax base.other Foundation activities include an annual golf outing which raises monies that are used for the operations of the Foundation. Volunteeers and golfers from throughout the district return each year to help plan and support the golf outing.
Who funds Lake Land College Foundation
Grants from foundations and other nonprofits
Grantmaker | Grantmaker tax period | Description | Amount |
---|
The Chicago Community Trust | 2022-09 | Support of Equipment & Technology; Student Recruitment & Outreach; and Student Retention & Professional Development. Support for Compeer Financial Scholarships (2 at $1,250 Each) | $27,500 |
The Fuqua Foundation | 2023-06 | Student Scholarships | $20,130 |
AmazonSmile Foundation | 2022-12 | General Support | $436 |
Personnel at Lake Land College Foundation
Name | Title | Compensation | Date of data |
---|
Christi Donsbach | Executive Director | $0 | 2023-11-14 |
Renee Huckstead | Vice President , Board Development Chair | $0 | 2023-06-30 |
Madge Shoot | Treasurer | $0 | 2023-06-30 |
Tom White | Secretary | $0 | 2023-06-30 |
Rich Hartke | President | $0 | 2023-06-30 |
...and 6 more key personnel |
Financials for Lake Land College Foundation
Revenues | FYE 06/2023 | FYE 06/2022 | % Change |
---|
Total grants, contributions, etc. | $3,100,374 | $3,645,932 | -15% |
Program services | $0 | $0 | - |
Investment income and dividends | $297,791 | $339,525 | -12.3% |
Tax-exempt bond proceeds | $0 | $0 | - |
Royalty revenue | $0 | $0 | - |
Net rental income | $41,748 | $42,329 | -1.4% |
Net gain from sale of non-inventory assets | $-211,277 | $594,375 | -135.5% |
Net income from fundraising events | $-9,206 | $-7,652 | -20.3% |
Net income from gaming activities | $0 | $0 | - |
Net income from sales of inventory | $0 | $0 | - |
Miscellaneous revenues | $218,412 | $118,582 | 84.2% |
Total revenues | $3,437,842 | $4,733,091 | -27.4% |
Organizations like Lake Land College Foundation
Organization | Type | Location | Revenue |
---|
College Foundation at Delhi | 501(c)(3) | Delhi, NY | $2,505,756 |
Midlands Technical College Foundation | 501(c)(3) | Columbia, SC | $4,512,505 |
The Korean American Scholarship Foundation | 501(c)(3) | Tysons Corner, VA | $1,380,392 |
Tri-County Technical College Foundation | 501(c)(3) | Pendleton, SC | $5,405,996 |
Ocean County College Foundation | 501(c)(3) | Toms River, NJ | $2,407,473 |
Neomed Foundation | 501(c)(3) | Rootstown, OH | $5,634,927 |
Central Pennsylvania College Education Foundation | 501(c)(3) | Summerdale, PA | $938,415 |
Loudoun Education Foundation | 501(c)(3) | Ashburn, VA | $5,193,618 |
Palomar College Foundation | 501(c)(3) | San Marcos, CA | $12,040,496 |
Oregon Tech Foundation | 501(c)(3) | Klamath Falls, OR | $6,429,423 |
Data update history
December 26, 2023
Posted financials
Added Form 990 for fiscal year 2023
December 25, 2023
Updated personnel
Identified 3 new personnel
December 23, 2023
Used new vendors
Identified 1 new vendor, including
July 30, 2023
Posted financials
Added Form 990 for fiscal year 2022
Nonprofit Types
Grantmaking organizationsSchoolsHeadquarter / parent organizationsCharities
Issues
Education
Characteristics
Fundraising eventsState / local levelProvides scholarshipsFundraising races, competitions, and tournamentsTax deductible donationsNo full-time employees
General information
- Address
- 5001 Lake Land Blvd
- Mattoon, IL 61938
- County
- Coles County, IL
- Website URL
- lakelandcollege.edu/Â
- Phone
- (217) 234-5363
IRS details
- EIN
- 23-7100515
- Fiscal year end
- June
- Taxreturn type
- Form 990
- Year formed
- 1970
- 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
- Central organization
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