Community Foundation

THE LAKE COUNTY COMMUNITY FOUNDATION

THE LAKE COUNTY COMMUNITY FOUNDATION is a Community Foundation headquartered in GRAYSLAKE, IL. Financial data from the 2025 filing: $2.2M revenue, $3.2M expenses, $26.9M total assets. 41 publicly reported grants to this organization, totaling roughly $6.5M, appear in IRS filings.

EIN: 203654399 GRAYSLAKE, IL Latest filing: 2025
Total Revenue$2.2M
Total Expenses$3.2M
Total Assets$26.9M
Grant Records41
Funding Total$6.5M
Filing Years2021–2025

Mission

THE LAKE COUNTY COMMUNITY FOUNDATION IS A NONPROFIT CORPORATION LOCATED IN LAKE COUNTY, ILLINOIS THAT WAS ESTABLISHED IN 2003 TO BRING TOGETHER PHILANTHROPISTS AND DONORS, DOLLARS AND IDEAS TO BUILD PERMANENT FUNDS TO BENEFIT LAKE COUNTY, ILLINOIS - TODAY AND FOR GENERATIONS TO COME.

Officers & Directors

DIRECTOR Ali O'brien
SECRETARY Amber Webb
DIRECTOR Bruce Boyd
DIRECTOR Heather Sannes
DIRECTOR Jeanne Ang
DIRECTOR John Gibbons

Officer compensation and complete director data available with membership.

Top Grant Purposes

PUBLIC, SOCIETAL BENEFIT
$1,093,150 5 grants
EDUCATION
$1,079,250 1 grant
General support for programs, operations and other charitable purposes
$1,025,000 1 grant
For grant recipient's exempt purposes
$826,616 7 grants
In support of capacity building and development.
$600,000 2 grants

Financial Trends

Year Revenue Expenses Assets
2025 $2.2M $3.2M $26.9M
2024 $3.8M $2.8M $25.4M
2023 $4.8M $2.6M $20.5M
2022 $7.8M $4.0M $17.8M
2021 $7.6M $2.5M $19.7M

Between 2021 and 2025, reported annual revenue declined from $7.6M to $2.2M (-71%), with total assets most recently reported at $26.9M.

Interactive year-over-year charts and full filing details available with membership.

See the full picture for THE LAKE COUNTY COMMUNITY FOUNDATION

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