Overview
What is Lake Land College Foundation?
Lake Land College Foundation is a charitable organization situated in Mattoon, Illinois, with a primary objective of promoting the welfare of Lake Land College and its students. They primarily provide scholarships to deserving students, funded by generous donations from local individuals, businesses, and organizations. The scholarship criteria vary, following the donor's wishes or guidelines established by the Foundation's Board of Directors. Donors, who contribute significantly, are recognized annually and get the opportunity to meet their scholarship recipients. These donors, numbering over two decades of dedication, believe in the importance of community colleges and are committed to ensuring a skilled workforce for local businesses and industries. In addition to scholarships, the Foundation supports the college by providing resources to address unmet financial needs due to declining state support and a sluggish local property tax base. The Foundation also hosts an annual golf outing, which raises funds for its operations.
Official website here: www.lakelandcollege.edu
Is Lake Land College Foundation legitimate?
Lake Land College Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lake Land College Foundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Here are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $193,083
For more financial information, click here
Official website here: www.lakelandcollege.edu
What is the mission statement of Lake Land College Foundation?
The Lake Land College Foundation was established with a mission to aid Lake Land College in enhancing educational opportunities and services for its students, alumni, and district residents. The primary objective of the foundation is to provide scholarships to deserving students through funds contributed by individuals, agencies, and corporations. The foundation has been successful in awarding substantial scholarships to around 496 students annually, with the scholarship criteria and amounts determined by donors' wishes or guidelines established by the foundation's board of directors. Donors, hailing from diverse backgrounds, have been actively supporting the foundation for decades, believing in the importance of a trained workforce to meet local business and industry needs. In addition to scholarships, the foundation also organizes annual events, such as a golf outing, to raise funds for its operations and support the college's financial needs.
Official website here: www.lakelandcollege.edu
Who is the CEO of Lake Land College Foundation?
Christi Donsbach is the Director of Lake Land College Foundation.
Official website here: www.lakelandcollege.edu
What is the revenue of Lake Land College Foundation?
Lake Land College Foundation's revenue in 2023 was $3,437,842.
Official website here: www.lakelandcollege.edu
Who are the executives of Lake Land College Foundation and what are their salaries?
- Christi Donsbach (Exectutive Director)
- Madge Shoot (Treasurer)
- Debra Sandercock (Director)
- Denice Bence (Director)
- Rudy Huber (Director)
- Meg Yargus Steward (Finance & Investment Chair) [Trustee/Director]
- Kathleen Anderson (Director)
- Amanda Martin (Director)
- Rich Hartke (President) [Trustee/Director]
- Angela Dyer (Director)
- Renee Huckstead (Vice Pres, Board Dev Chair) [Trustee/Director]
- Kellie Eastham (Director)
- Austin Frank (Director)
- Tom White (Secretary) [Trustee/Director]
- Deacon Patient (Past President) [Trustee/Director]
- Tyler Micenheimer (Director)
- Larry Blackerby (Donor Relations Comm Chair) [Trustee/Director]
- Micah Dickens (Director)
- Blake Pierce (Director)
- Robert Payton (Director)
- Linda Von Behren (Director)
Official website here: www.lakelandcollege.edu
Where can I find the form 990 for Lake Land College Foundation?
The Lake Land College Foundation’s most recent form 990 was submitted in 2023 and can be accessed here
Official website here: www.lakelandcollege.edu
Learn more at the official website: www.lakelandcollege.edu
Mission Statement of Lake Land College Foundation
Lake Land College Foundation, established with a mission to aid Lake Land College, strives to enhance and expand the educational opportunities and services for students, alumni, and district citizens. The primary goal of this foundation is to provide scholarships to deserving students, using funds contributed by individuals, agencies, and corporations. Through generous donations, the foundation was able to award over $600,000 in scholarships to approximately 496 students last year, with the scholarship criteria and amounts varying based on donor wishes or guidelines set by the Lake Land College Foundation Board of Directors.
Donors, representing a diverse background from the 4,000-square-mile district, have been dedicated to supporting students for over two decades. They believe in the importance of community colleges and are committed to ensuring the region has a trained workforce that can meet local business and industry needs. Additionally, donors are expanding their support by providing additional resources to address unmet financial needs of the college due to declining state support and a sluggish local property tax base.
In addition to offering scholarships, the Lake Land College Foundation hosts an annual golf outing that raises funds for its operations, attracting volunteers and golfers from throughout the district. By participating in this event, they contribute to the foundation's mission and help support the educational endeavors of Lake Land College's students.
Impact
This information is meant to be a general summary of Lake Land College Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
Lake Land College Foundation's impact is significant in supporting Lake Land College students by providing scholarships through funds contributed by individuals, agencies, and corporations. In the past year, the Foundation awarded over $600,000 in scholarships to approximately 496 deserving students. These scholarships vary in amounts awarded and criteria, aligning with the donors' wishes and guidelines established by the Foundation's Board of Directors. Donors from diverse backgrounds in the 4,000 square mile district have been dedicated to supporting students for over two decades, demonstrating their belief in the community college and commitment to developing a trained workforce to meet local business and industry needs.
Furthermore, the Foundation engages in additional activities such as an annual golf outing to raise funds for its operations. Volunteers and golfers from throughout the district actively participate in supporting the Foundation's activities. Overall, the Lake Land College Foundation plays a crucial role in expanding educational opportunities and ensuring students have financial support to pursue their academic goals, especially in times of declining state support and a sluggish local property tax base.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Assets and Liabilities:
Organization Details
Founding Year
1970
Phone
(217) 234-5363
Principal Officer
Christi Donsbach
Main Address
5001 LAKE LAND BOULEVARD, MATTOON, IL, 61938
Website
www.lakelandcollege.edu
NTEE Category
Code: B41I - Education
If you are a representative of Lake Land College Foundation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.