Lakeland College Foundation Inc.
Lakeland College Foundation Inc.
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About this organization
Mission
Lake Land College Foundation was established to assist Lake Land College in developing and enhancing the educational opportunities and services to its students, alumni, and citizens of the district. The mission of the foundation is to provide student scholarships through funds contributed by individuals, agencies, and corporations.
About
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 $465,812 in scholarships to about 522 deserving students. These scholarships vary in amounts awarded and criteria.
Interesting data from their 2020 990 filing
The non-profit's aim, as stated in the filing, is “See schedule o”.
When referring to its actions, they were outlined as: “Lake land college foundation was established to assist lake land college in developing and enhancing the educational opportunities and services to its students, alumni, and citizens of the district. the mission of the foundation is to provide student scholarships through funds contributed by individuals, agencies, and corporations.”.
- The non-profit has complied with legal obligations by reporting their state of operation as IL.
- The non-profit's address in 2020 is noted in the filing as 5001 LAKE LAND BOULEVARD, MATTOON, IL, 61938.
- The non-profit's form for 2020 reports a total of 0 employees.
- Is not a private foundation.
- Expenses are greater than $1,000,000.
- Revenue is greater than $1,000,000.
- Revenue less expenses is $244,807.
- The organization has 18 independent voting members.
- The organization was formed in 1970.
- The organization pays $311,909 in salary, compensation, and benefits to its employees.
- The organization pays $86,237 in fundraising expenses.