Interesting data from their 2020 990 filing

The filing clearly states the mission of the non-profit as “The foundation was established in 1960 to promote the education of lawyers and advance the science of jurisprudence. the purposes of the foundation are: (a) promoting the charitable, educational, scientific and literary mission of the lake county bar association; (b) improving and facilitating the administration of justice; (c) promoting the study and research of law, the diffusion of legal knowledge and the continuing education of lawyers; (d) publishing and distributing addresses, reports, treatises and other literary works on legal subjects; (e) acquiring preserving and exhibiting rare books and documents, objects of art, and items of cultural or historical interest to the lake county community and/or having legal significance or bearing on the administration of justice; (f) providing financial assistance to lake county bar association (the association) attorney members in need as determined solely at the discretion of the trustees of the foundation (the trustees); (g) purchasing, o”.

When detailing its duties, they were outlined as: “The foundation was established in 1960 to promote the education of lawyers and advance the science of jurisprudence. the purposes of the foundation are: (a) promoting the charitable, educational, scientific and literary mission of the lake county bar association; (b) improving and facilitating the administration of justice; (c) promoting the study and research of law, the diffusion of legal knowledge and the continuing education of lawyers; (d) publishing and distributing addresses, reports, treatises and other literary works on legal subjects; (e) acquiring preserving and exhibiting rare books and documents, objects of art, and items of cultural or historical interest to the lake county community and/or having legal significance or bearing on the administration of justice; (f) providing financial assistance to lake county bar association (the association) attorney members in need as determined solely at the discretion of the trustees of the foundation (the trustees); (g) purchasing, o”.

• In compliance with legal regulations, the non-profit has reported their state of operation as IL.
• The filing records the non-profit's address for 2020 as 300 GRAND AVE, WAUKEGAN, IL, 60085.
• The non-profit's form for the year 2020 reports a total of 0 employees on their payroll.
• The non-profit has loans as of 2020.
• Does not operate a hospital.
• Does not operate a school.
• Does not collect art.
• Provides credit counseling.
• Does not have foreign activities.
• Is not a donor advised fund.
• Is not a private foundation.
• Expenses are between $100,000 and $250,000.
• Revenue is between $100,000 and $250,000.
• Revenue less expenses is -$30,496.
• The compensation of the CEO of the organization is not based on an independent review and approval process.
• The organization elects its board members.
• The organization has a written policy that describes how long it will retain documents.
• The organization has 21 independent voting members.
• The organization was formed in 1960.
• The organization has a written policy that addresses conflicts of interest.
• The organization is required to file Schedule O.
• The organization pays $0 in salary, compensation, and benefits to its employees.
• The organization pays $0 in fundraising expenses.
• The organization provides Form 990 to its governing body.
• The organization has minutes of its meetings.
• The organization has a written whistleblower policy.
• The organization has fundraising events.
• The organization has grants to organizations.