EIN 36-2167770

Lake Forest College

IRS 501(c) type
501(c)(3)
Num. employees
1,483
Year formed
1857
Most recent tax filings
2024-05-01
Description
Lake Forest College affirms that education ennobles the individual. Their curriculum engages students in the breadth of the liberal arts and the depth of traditional disciplines.
Total revenues
$141,545,403
2024
Total expenses
$144,507,496
2024
Total assets
$269,045,907
2024
Num. employees
1,483
2024

Program areas at Lake Forest College

Instruction and research includes expenses for all activities that are part of the instructional program and for activities specifically organized to produce research.
Auxiliary enterprises include expenses relating to the operation of the auxiliary activities such as housing, dining services, and parking.
Student services are considered programmatic and include activities that contribute to student emotional and physical well-being and intellectual, cultural and social development outside the formal instructional program.

Who funds Lake Forest College

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
GS Daf (GSPF)Education$9,528,000
The Jean Whyte Mohr and Frank T Mohr Charitable TrustUnrestricted$1,005,997
The Chicago Community TrustThe Dr. Rosemary Hale Fund for Teaching and Learning, Annual Support$1,001,000
...and 86 more grants received totalling $15,198,262

Financials for Lake Forest College

RevenuesFYE 05/2024
Total grants, contributions, etc.$22,610,505
Program services$114,819,018
Investment income and dividends$66,781
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$1,042,672
Net gain from sale of non-inventory assets$2,558,706
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$14,483
Miscellaneous revenues$433,238
Total revenues$141,545,403

Organizations like Lake Forest College

OrganizationLocationRevenue
Eckerd CollegeSaint Petersburg, FL$143,870,290
Rider UniversityLawrenceville, NJ$191,466,702
Hampshire College TrusteesAmherst, MA$58,396,124
Vassar CollegePoughkeepsie, NY$327,504,520
Carleton CollegeNorthfield, MN$278,954,694
Gustavus Adolphus CollegeSaint Peter, MN$145,945,868
Goucher CollegeBaltimore, MD$139,553,594
Hobart and William Smith Colleges (HWS)Geneva, NY$148,635,041
Mitchell Hamline School of LawSaint Paul, MN$62,006,087
Colgate UniversityHamilton, NY$350,003,915
Data update history
May 28, 2025
Posted financials
Added Form 990 for fiscal year 2024
May 25, 2025
Updated personnel
Identified 9 new personnel
May 25, 2025
Used new vendors
Identified 3 new vendors, including , , and
April 21, 2025
Received grants
Identified 9 new grant, including a grant for $36,584 from American Online Giving Foundation
January 18, 2025
Received grants
Identified 18 new grant, including a grant for $687,903 from Wilemal Fund
Nonprofit Types
SchoolsHigher ed institutions
Issues
Education
Characteristics
Political advocacyLobbyingNational levelReceives government fundingEndowed supportCommunity engagement / volunteeringProvides scholarshipsTax deductible donationsAccepts online donations
General information
Address
555 N Sheridan Rd
Lake Forest, IL 60045
Metro area
Chicago-Naperville-Elgin, IL-IN-WI
County
Lake County, IL
Website URL
lakeforest.edu/ 
Phone
(847) 234-3100
Facebook page
lakeforestcollege 
Twitter profile
@lfcollege 
IRS details
EIN
36-2167770
Fiscal year end
May
Taxreturn type
Form 990
Year formed
1857
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
B42: Undergraduate College (4-year)
NAICS code, primary
611310: Colleges, Universities, and Professional Schools
Parent/child status
Independent
California AB-488 details
AB 488 status
May Operate or Solicit for Charitable Purposes
Charity Registration status
Exempt
FTB status revoked
Not revoked
AG Registration Number
CT0210583
FTB Entity ID
8137096
AB 488 data last updated ("as-of") date
2025-07-02
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