Non-profit

Lake County Community Foundation

Website:

lakecountycf.org/

Location:

Grayslake, IL

Tax ID:

20-3654399

Tax-Exempt Status:

501(c)(3)

Budget (2022):

Revenue: $7,776,857
Expenses: $4,025,060
Assets: $17,830,952

Type:

Grantmaking Organization

Formation:

2003

Executive Director:

Maggie Morales

Budget (2023):

Revenue: $4,808,735
Expenses: $2,621,096
Net Assets: $20,236,437

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The Lake County Community Foundation is a left-of-center grantmaking foundation providing grants to organizations throughout Lake County, Illinois. The group was formed in 2003 as a division of Chicago-based grantmaking foundation Chicago Community Trust until it became its own entity in 2022. At the end of 2023, the foundation reported over $20 million in assets and contributions to local organizations such as homeless shelters, early childhood education, left-of-center immigration and LGBT advocacy groups, and animal welfare organizations. 1

The foundation allows donors to create donor-advised funds and operates one family fund, the James and Madeleine McMullan Family Foundation Charitable Fund. 2 3 The group has supported diversity, equity, and inclusion (DEI) efforts, and its website contains a “Diversity Statement” on its commitment to racial justice.  4

Background

The Lake County Community Foundation was created in 2003 as an affiliate of grantmaking organization Chicago Community Trust, which provides grants and donor-advised funds for local left-of-center groups. 5 5 6

Following its creation, the group received a $500,000 endowment from local community members as well as a $200,000 “seed grant” from the Chicago Community Trust. The group later started a leadership task force that, in 2012, became a standalone entity, Alliance for Human Services. 3

By 2017 the foundation operated over $12 million in charitable endowments through several funds and had dispersed over $5 million in grants since 2003. In 2020, the foundation started the Lake County Crisis Relief Fund in response to COVID-19 pandemic while launching a Racial Equity, Diversity and Inclusion program. 3

In 2022 the Lake County Community Foundation separated from the Chicago Community Trust, becoming an independent organization. 3

Racial Justice and DEI Commitments

In 2020, the Lake County Community Foundation posted a “Commitment to Racial Justice” message and diversity statement on its website advocating left-of-center policies to promote “racial justice.” The statement claimed that “the only way to work towards rectifying hundreds of years of slavery, segregation, culture and policy that has enabled systemic racism, is by forging deep relationships with communities of color to build trust and inform our priorities, creating opportunities for meaningful and long-term investment and building pathways for diverse leadership […] we know that dismantling systemic racism will benefit everyone in Lake County regardless of race or ethnicity.” 7

Fundraising

The Lake County Community Foundation has provided grants to left-of-center organizations annually through several programs. These include leadership development, animal welfare, early childhood, growing communities (previously called basic human needs), capacity building, and the James and Madeleine McMullan Family Foundation Charitable Fund. Recipients of these grants include the Alliance for Human Services, Faith in Place, Center for Immigrant Progress, the Partnership for a Safer Lake County, Chicago Workers Collaborative, LGBTQ+ Center Lake County, and the Farmworker and Landscaper Advocacy Project. 1

References

  1. “Past Grantees.” Lake County Community Foundation. Accessed November 15, 2024. https://lakecountycf.org/past-grantees/
  2. [1] “Past Grantees.” Lake County Community Foundation. Accessed November 15, 2024. https://lakecountycf.org/past-grantees/
  3. “History.” Lake County Community Foundation. Accessed November 15, 2024. https://lakecountycf.org/history/
  4. “Diversity and Equity Statements.” Lake Country Community Foundation, Accessed November 21, 2024. https://lakecountycf.org/our-commitment/
  5. 2018 IRS Form 990 Return of Organization Exempt from Income Tax: Chicago Community Trust. Schedule I, Part II: grants and other assistance paid to organizations and domestic governments.
  6. “The Chicago Community Trust.” ProPublica. Accessed November 14, 2024. https://projects.propublica.org/nonprofits/organizations/362167000
  7. “Our Commitment to Racial Justice.” Lake County Community Foundation. Accessed November 15, 2024. https://lakecountycf.org/our-commitment/
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Nonprofit Information

  • Accounting Period: September - August
  • Tax Exemption Received: April 1, 2022

  • Available Filings

    Period Form Type Total revenue Total functional expenses Total assets (EOY) Total liabilities (EOY) Unrelated business income? Total contributions Program service revenue Investment income Comp. of current officers, directors, etc. Form 990
    2022 Sep Form 990 $7,776,857 $4,025,060 $17,830,952 $338,318 N $6,106,669 $163,600 $803,065 $115,000
    2021 Sep Form 990 $7,569,623 $2,457,567 $19,682,346 $499,808 N $2,213,086 $0 $190,387 $0 PDF
    2020 Sep Form 990 $2,218,491 $1,880,068 $15,432,645 $589,374 N $1,615,171 $0 $174,417 $0
    2019 Sep Form 990 $1,890,327 $1,035,478 $13,513,730 $358,551 N $1,114,946 $0 $159,667 $0 PDF
    2018 Sep Form 990 $2,442,558 $965,676 $13,187,271 $248,158 N $756,167 $0 $135,002 $0 PDF
    2017 Sep Form 990 $1,106,495 $956,606 $12,498,627 $476,179 N $583,004 $0 $105,746 $0 PDF
    2016 Sep Form 990 $806,708 $912,318 $10,645,822 $168,756 N $599,210 $0 $88,520 $0 PDF
    2015 Sep Form 990 $1,424,441 $980,936 $10,007,264 $186,369 N $1,189,052 $0 $89,824 $0 PDF
    2014 Sep Form 990 $1,058,385 $860,574 $10,020,657 $308,686 N $740,579 $0 $81,500 $0 PDF
    2013 Sep Form 990 $1,080,000 $780,516 $9,284,387 $306,266 N $812,839 $0 $82,085 $0 PDF
    2012 Sep Form 990 $2,128,878 $716,038 $7,944,303 $184,134 N $1,991,187 $0 $75,415 $0 PDF
    2011 Sep Form 990 $1,431,441 $733,753 $5,699,078 $199,092 N $1,326,860 $0 $82,986 $0 PDF

    Additional Filings (PDFs)

    Lake County Community Foundation


    Grayslake, IL