LAKE LAND COLLEGE FOUNDATION INC

As filed

Subsection

03

NTEE code

B41I

Classification

1200

Street

5001 LAKE LAND BLVD

These codes are the IRS's own and are shown exactly as filed. What each one means is in the Business Master File documentation (opens in a new tab).

Mission and programs · 2024

• 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 INDIVIDUALS, BUSINESSES, AND ORGANIZATIONS, THE FOUNDATION AWARDED $750,252 IN SCHOLARSHIPS TO OVER 600 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 DECADES. 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.

  Expenses $1,014,982 · Grants $750,252

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Officers and directors · 2024

As listed in Part VII of the 2024 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. Earlier years are each on their own filing page.

Filings

• 2024

  Revenue

  $2,233,955

  Expenses

  $1,584,711

  Contributions

  $1,294,023

  Grants paid

  $750,252

• 2023

  Revenue

  $1,673,676

  Expenses

  $1,778,105

  Contributions

  $954,788

  Grants paid

  $687,282

• 2022

  Revenue

  $3,437,842

  Expenses

  $2,838,915

  Contributions

  $3,100,374

  Grants paid

  $606,020

The four totals the IRS asks for on Part I of the Form 990, as filed. A dash means the figure was not present on the return — not that it was zero.

Other returns filed

• 2021 · 990

  Revenue

  $4,733,091

  Expenses

  $1,142,062

  Assets (EOY)

  $16,022,044

• 2020 · 990

  Revenue

  $1,540,976

  Expenses

  $939,011

  Assets (EOY)

  $15,738,505

• 2019 · 990

  Revenue

  $888,245

  Expenses

  $2,404,286

  Assets (EOY)

  $13,509,676

• 2018 · 990

  Revenue

  $1,496,648

  Expenses

  $1,251,841

  Assets (EOY)

  $13,964,473

• 2017 · 990

  Revenue

  $2,078,432

  Expenses

  $1,334,730

  Assets (EOY)

  $13,708,637

• 2016 · 990

  Revenue

  $1,750,367

  Expenses

  $528,203

  Assets (EOY)

  $12,221,934

Nonprofiteer parses Forms 990, 990-EZ and 990-PF, in a window of recent tax years. These returns are recorded from the IRS e-file index, so their figures were extracted by that index rather than read from the return here — treat them as a different source from the filings above, not as more of the same record. A dash means the index carries no figure; Form 990-T listings carry none at all.

Grants made

No itemized grants to organizations. Schedule I is filed only by organizations that granted more than $5,000 to a recipient, so most filers have none.

Grants received

• THE CHICAGO COMMUNITY TRUST

  $27,500

  2022 · Support for Compeer Financial Scholarships (2 at $1,250 each), support for Agriculture Department: equipment & technology, student recruitment & outreach, student retention, professional development

• FUQUA FOUNDATION

  $27,258

  2025 · student scholarships

• FUQUA FOUNDATION

  $24,090

  2024 · student scholarships

• FUQUA FOUNDATION

  $22,605

  2023 · student scholarships

• FUQUA FOUNDATION

  $20,130

  2022 · student scholarships

• AMERICAN ONLINE GIVING FOUNDATION INC

  $10,850

  2024 · GENERAL SUPPORT

• FIDELITY INVESTMENTS CHARITABLE GIFT FUND

  $10,000

  2024 · For grant recipient's exempt purposes

• THRIVENT CHARITABLE IMPACT & INVESTING

  $6,000

  2025 · GENERAL SUPPORT

• EASTERN ILLINOIS FOODBANK

  $0

  2024 · DISTRIBUTE FOOD TO THE NEEDY

• EASTERN ILLINOIS FOODBANK

  $0

  2023 · DISTRIBUTE FOOD TO THE NEEDY

The 10 largest by cash amount. The API serves every itemized grant.

Related organizations

From Schedule R Part II, where a filer lists the tax-exempt organizations it is related to by control. It does not record shared board members or money.

Other IRS files