Public Charity

LAKE COUNTY BAR FOUNDATION

LAKE COUNTY BAR FOUNDATION is a Public Charity headquartered in WAUKEGAN, IL. Financial data from the 2025 filing: $635K revenue, $352K expenses, $2.2M total assets. 1 publicly reported grants to this organization, totaling roughly $17K, appear in IRS filings.

EIN: 237094399 WAUKEGAN, IL Graduate & Professional Schools NTEE: B50 Latest filing: 2025
Total Revenue$635K
Total Expenses$352K
Total Assets$2.2M
Grant Records1
Funding Total$17K
Filing Years2021–2025

Mission

THE FOUNDATION WAS ESTABLISHED IN 1960 TO PROMOTE THE EDUCATION OF LAWYERS AND ADVANCE THE SCIENCE OF JURISPRUDENCE. THE FOUNDATION IS ORGANIZED AND OPERATED EXCLUSIVELY FOR CHARITABLE PURPOSES IN ACCORDANCE WITH SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. MORE SPECIFICALLY, THE FOUNDATION IS DEDICATED TO SUPPORTING THE CHARITABLE AND EDUCATIONAL PURPOSES OF THE LAKE COUNTY BAR ASSOCIATION, AS THE CHARITABLE ARM OF THAT ORGANIZATION, AS WELL AS TO ASSIST IN MAINTAINING A PHYSICAL SPACE TO ACCOMPLISH THESE GOALS. FURTHER, WE ARE DEDICATED TO THE FOLLOWING PURPOSES: TO PROMOTE THE ADMINISTRATION OF JUSTICE; TO ENCOURAGE INCREASED COMPETENCY AND KNOWLEDGE OF THE LAW; TO PROMOTE GREATER DIVERSITY AMONG THE BAR AND THE JUDICIARY; TO ENHANCE EQUAL ACCESS TO JUSTICE FOR ALL; TO UPHOLD THE HONOR AND DIGNITY OF THE LEGAL PROFESSION; TO PROMOTE AND PRESERVE THE HISTORY AND CULTURE OF THE LEGAL PROFESSION IN LAKE COUNTY; AND TO SUPPORT OTHER ALLIED SECTION 501(C)(3) ORGANIZATIONS THAT FURTHER

Sample Grants Received

2019
General Operating Grant
$17,338

Showing up to 5 of 1 total records — full history available with membership.

Officers & Directors

BOARD LIASSO Craig Mandell
TRUSTEE David Gordon
TRUSTEE David Stepanich
TRUSTEE Eric Rinehart
TRUSTEE Fredric Lesser
TRUSTEE Hon Michael Nerheim

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Operating Grant
$17,338 1 grant

Financial Trends

Year Revenue Expenses Assets
2025 $635K $352K $2.2M
2024 $497K $130K $1.8M
2023 $318K $117K $1.5M
2022 $140K $108K $1.4M
2021 $95K $112K $1.4M

Between 2021 and 2025, reported annual revenue grew from $95K to $635K (+566%), with total assets most recently reported at $2.2M.

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

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