Lincoln Land Community College Foundation

Organization Overview

Lincoln Land Community College Foundation is located in Springfield, IL. The organization was established in 1996. According to its NTEE Classification (T70) the organization is classified as: Federated Giving Programs, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lincoln Land Community College Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 06/2022, Lincoln Land Community College Foundation generated $2.5m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (4.2%) each year. All expenses for the organization totaled $3.3m during the year ending 06/2022. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

CULTIVATE AND STEWARD CHARITABLE GIFTS TO ENRICH AND SUPPORT LLCC STUDENTS, PROGRAMS AND SERVICES.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE LINCOLN LAND COMMUNITY COLLEGE FOUNDATION WAS ORGANIZED AND OPERATES TO EXCLUSIVELY RAISE AND RECEIVE CHARITABLE GIFTS AND PROVIDE FINANCIAL SUPPORT TO THE EDUCATIONAL PROGRAMS AND SERVICES AT LINCOLN LAND COMMUNITY COLLEGE; TO ASSIST IN INCREASING AND ENHANCING THE PHYSICAL AND CULTURAL ENVIRONMENT OF THE COLLEGE; TO BROADEN THE EDUCATIONAL OPPORTUNITIES AND SERVICES FOR ITS STUDENTS, ALUMNI, AND CITIZENS OF THE DISTRICT; AND TO PROVIDE FUNDS TO IMPLEMENT SCHOLARSHIPS AND VARIOUS AWARDS.


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Board, Officers & Key Employees

Name (title)Compensation
Kathy Dierkes
Treasurer
$0
Jennifer Stice
Chair
$0
Brett Jackson
Vice Chair
$0
Karen Sanders
Executive Director
$0
Bill Fleming
Member
$0
Neil Jordan
Member
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$87,450
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$2,049,706
Noncash contributions included in lines 1a–1f $35,691
Total Revenue from Contributions, Gifts, Grants & Similar$2,137,156
Total Program Service Revenue$0
Investment income $210,453
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $37,200
Net Gain/Loss on Asset Sales $146,367
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $2,531,176

Grants Recieved

Over the last fiscal year, we have identified 9 grants that Lincoln Land Community College Foundation has recieved totaling $100,359.

Awarding OrganizationAmount
Susan Cook House Education Tr

Chicago, IL

PURPOSE: GENERAL

$20,000
Brandt Foundation Inc

Springfield, IL

PURPOSE: GRANTS TO U.S. BASED ORGANIZATION

$20,000
Leona Stanford Vollintine Charitable Trust

Taylorville, IL

PURPOSE: SCHOLARSHIP

$19,000
Drusilla Aden Charitable Tr Tua

Petersburg, IL

PURPOSE: TUITION ASSISTANCE TO CHARLES GUM AND LUKE ADAMS

$17,190
Lucille M Findley Memorial Foundation

Springfield, IL

PURPOSE: SCHOLARSHIPS

$10,000
Schwab Charitable Fund

San Francisco, CA

PURPOSE: PUBLIC, SOCIETAL BENEFIT

$9,500
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$9,721,062
Earnings-$1,203,715
Net Contributions$413,769
Other Expense$41,480
Grants$216,030
Ending Balance$8,673,606

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