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Lakeland University Foundation Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 391655132 ✦ Plymouth, WI ✦ Designated as a 501(c)(3)

Overview

What is Lakeland University Foundation Inc?

Lakeland University Foundation Inc, located in Plymouth, Wisconsin, is a charitable organization that primarily functions to support Lakeland University. They achieve this by administering scholarships for students attending the university, utilizing funds that the foundation itself provides. The foundation's resources are derived from donations, which they solicit to subsidize scholarships, professorships, and university operations. The investment income generated from these donations is used to provide financial assistance, thereby contributing significantly to the educational journey of students at Lakeland University.


Official website here: www.lakeland.edu

Is Lakeland University Foundation Inc legitimate?

Lakeland University Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lakeland University Foundation Inc 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: $0

For more financial information, click here


Official website here: www.lakeland.edu

What is the mission statement of Lakeland University Foundation Inc?

The Lakeland University Foundation Inc operates with the primary goal of soliciting donations on behalf of Lakeland University. These funds are earmarked for various purposes, including subsidizing scholarships, professor positions, and university operations. The foundation utilizes investment income to fulfill these objectives, providing financial aid for students through scholarships during the academic year. Additionally, the foundation supports professor positions and university operations with the funds at its disposal.


Official website here: www.lakeland.edu

Who is the CEO of Lakeland University Foundation Inc?

Elizabeth Borgen is the President of Lakeland University Foundation Inc.


Official website here: www.lakeland.edu

What is the revenue of Lakeland University Foundation Inc?

Lakeland University Foundation Inc's revenue in 2022 was $8,225,756.


Official website here: www.lakeland.edu

Who are the executives of Lakeland University Foundation Inc and what are their salaries?

Here are 6 key members and their salaries:

    Elizabeth Borgen (Agent And President Of Lakeland University) [Trustee/Director]
  • Compensation: $0
  • Related: $216,237
  • Other: $15,497

    • Robert Melzer (President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Stuart Brotz (Vice-President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kathie Powers (Secretary/Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Barbara Gannon (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Bonnie Graff (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.lakeland.edu

    Where can I find the form 990 for Lakeland University Foundation Inc?

    The Lakeland University Foundation Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.lakeland.edu

    Learn more at the official website: www.lakeland.edu

    Mission Statement of Lakeland University Foundation Inc

    Lakeland University Foundation Inc plays a crucial role in raising funds for Lakeland University. Their mission is to collect donations that are then utilized to subsidize various aspects of the university's operations. These funds are primarily channeled towards scholarships for students, professorships, and the university's general operations. The investment income generated from these funds serves as the primary source of funding for these initiatives. The foundation's contributions to scholarships enable deserving students to attend Lakeland University during the academic year. Additionally, the foundation supports professorships, providing financial aid to faculty members, thereby enhancing the quality of education at the university. The foundation's role in funding operations ensures that Lakeland University continues to function efficiently and effectively, providing a conducive learning environment for its students.

    Impact

    This information is meant to be a general summary of Lakeland University Foundation Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Saturday, July 20, 2024

    Lakeland University Foundation Inc plays a crucial role in supporting Lakeland University's students and faculty through its scholarship and professorship programs. By soliciting donations and providing funding for scholarships, professorships, and operations, the foundation helps make quality education accessible to deserving individuals. This support not only benefits the recipients directly but also contributes to the overall growth and success of Lakeland University as an educational institution.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $7,384,594
  • Program Service Revenue: $0
  • Gross Receipts: $18,728,352

    • Assets and Liabilities:
  • Total Assets: $18,815,363
  • Total Liabilities: $38,005
  • Net Assets: $18,777,358
  • Organization Details

    Founding Year

    1989

    Principal Officer

    Elizabeth Borgen

    Main Address

    W3718 SOUTH DRIVE, PLYMOUTH, WI, 53073

    NTEE Category

    Code: B110 - Education

    If you are a representative of Lakeland University Foundation Inc 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.