Three Lakes Foundation Tr is located in Northbrook, IL. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, 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. Three Lakes Foundation Tr 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 12/2022, Three Lakes Foundation Tr generated $13.6k in total revenue. All expenses for the organization totaled $1.5m during the year ending 12/2022.
Since 2020, Three Lakes Foundation Tr has awarded 32 individual grants totaling $14,362,728. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
SEE GENERAL EXPLANATION STATEMENT
SEE GENERAL EXPLANATION STATEMENT
SEE GENERAL EXPLANATION STATEMENT
SEE GENERAL EXPLANATION STATEMENT
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
The Hurvis Group | 12/30/22 | $1,291,600 |
Somerset & Church Llc | 12/30/22 | $177,066 |
Crisp Solution | 12/30/22 | $67,341 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $13,646 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $13,646 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $44,000 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $34,895 |
| Printing and publications | $0 |
| Other expenses | $98,930 |
| Total operating and administrative expenses | $1,834,722 |
| Contributions, gifts, grants paid | -$319,023 |
| Total expenses and disbursements | $1,515,699 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,151 |
| Savings and temporary cash investments | $1,767,270 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $5,833 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,774,254 |
| Accounts payable and accrued expenses | $12,112 |
| Grants payable | $1,120,264 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $3,112 |
| Total liabilities | $1,135,488 |
Over the last fiscal year, Three Lakes Foundation Tr has awarded $4,038,421 in support to 13 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICAN COLLEGE OF CHEST PHYSICIANS PURPOSE: 1ST INSTALLMENT FOR THE "PF EDUCATION AND QUALITY IMPROVEMENT PROGRAM" | $905,600 |
AMERICAN COLLEGE OF CHEST PHYSICIANS PURPOSE: 2ND INSTALLMENT FOR THE "PF EDUCATION AND QUALITY IMPROVEMENT PROGRAM" | $690,600 |
CORNELL UNIVERSITY - WEILL MEDICAL PURPOSE: B4PF2.0 IMAGING INITIATIVE | $87,737 |
JOHNS HOPKINS UNIVERSITY PURPOSE: HEALING BREATH PROJECT | $30,000 |
LAHEY HOSPITAL AND MEDICAL CENTER LAHEY CLINIC INC PURPOSE: LUNG HEALTH CLINIC: CLINICAL SCREENING | $146,285 |
THE DALLAS FOUNDATION PURPOSE: PF WARRIORS - GENERAL OPERATING SUPPORT 2021-2022 | $75,000 |