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.
Student services includes athletics, counseling, admissions, financial aid services, health services, intercultural programming and career development for all students. Residential life programming is provided for students living on campus.
Who funds Lake Forest College
Grants from foundations and other nonprofits
Federal funding details
| Federal agency | CFDA code | Program name | Amount |
|---|
| Department of Education | 84.268 | FEDERAL DIRECT STUDENT LOANS | $7,765,900 |
| Department of Education | 84.063 | FEDERAL PELL GRANT PROGRAM | $3,071,454 |
| Department of Education | 84.038 | FEDERAL PERKINS LOAN PROGRAM | $1,705,595 |
| ...and 7 more federal grants / contracts |
Personnel at Lake Forest College
| Name | Title | Compensation | Date of data |
|---|
| Ravikant Agarwal | Chief Information Officer | $61,777 | 2022-05-31 |
| Lori Sundberg | Vice President of Finance and Planning | $201,492 | 2023-04-16 |
| Irene Ratliff | Interim Vice President of Marketing and Comm | $145,513 | 2022-05-31 |
| Philip Hood | Vice President of Development and Alumni Relations , Secretary of the College / Vice President for Development and Alumni Relations and Secretary / Vice President Development and Alumni Relations and Secretary | $117,325 | 2021-05-31 |
| Shawn Vogen | Vice President for Advancement and Secretary | $0 | 2022-05-31 |
| ...and 15 more key personnel |
Financials for Lake Forest College
| Revenues | FYE 05/2022 | FYE 05/2021 | % Change |
|---|
| Total grants, contributions, etc. | $25,347,306 | $25,774,468 | -1.7% |
| Program services | $101,314,846 | $84,141,726 | 20.4% |
| Investment income and dividends | $63,927 | $79,411 | -19.5% |
| Tax-exempt bond proceeds | $0 | $0 | - |
| Royalty revenue | $0 | $0 | - |
| Net rental income | $704,417 | $487,881 | 44.4% |
| Net gain from sale of non-inventory assets | $-355,458 | $844,061 | -142.1% |
| Net income from fundraising events | $0 | $0 | - |
| Net income from gaming activities | $0 | $0 | - |
| Net income from sales of inventory | $28,340 | $0 | 999% |
| Miscellaneous revenues | $465,932 | $203,718 | 128.7% |
| Total revenues | $127,569,310 | $111,531,265 | 14.4% |
Organizations like Lake Forest College
| Organization | Type | Location | Revenue |
|---|
| Vassar College | 501(c)(3) | Poughkeepsie, NY | $307,212,205 |
| Olin College of Engineering | 501(c)(3) | Needham, MA | $40,612,767 |
| Carleton College | 501(c)(3) | Northfield, MN | $280,959,414 |
| Gustavus Adolphus College | 501(c)(3) | Saint Peter, MN | $183,510,862 |
| Mitchell Hamline School of Law | 501(c)(3) | Saint Paul, MN | $58,714,726 |
| Goucher College | 501(c)(3) | Baltimore, MD | $98,173,295 |
| Hobart and William Smith Colleges (HWS) | 501(c)(3) | Geneva, NY | $179,596,964 |
| Dickinson College | 501(c)(3) | Carlisle, PA | $245,578,818 |
| Colgate University | 501(c)(3) | Hamilton, NY | $411,729,686 |
| College of Saint Benedict and Saint John's University (CSBSJU) | 501(c)(3) | Collegeville, MN | $153,092,093 |
Data update history
July 5, 2023
Used new vendors
Identified 1 new vendor, including
June 15, 2023
Posted financials
Added Form 990 for fiscal year 2022
June 14, 2023
Posted financials
Added Form 990 for fiscal year 2021
June 13, 2023
Updated personnel
Identified 5 new personnel
June 9, 2023
Used new vendors
Identified 1 new vendor, including
Nonprofit Types
SchoolsHigher ed institutions
Issues
Education
Characteristics
Political advocacyLobbyingNational levelReceives government fundingEndowed supportCommunity engagement / volunteeringProvides scholarshipsTax deductible 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/Â
- Phone
- (847) 234-3100
- Facebook page
- lakeforestcollegeÂ
- Twitter profile
- @lfcollegeÂ
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
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