Public Charity

KEN LACHANCE FUND INC

Based in SCHAUMBURG, IL, KEN LACHANCE FUND INC operates as a Public Charity. The organization reported $159K in revenue, $280K in expenses, $521K in total assets for fiscal year 2024. Imperigo tracks 16 reported grant relationships connected to this organization totaling approximately $370K.

EIN: 811504097 SCHAUMBURG, IL Latest filing: 2024
Total Revenue$159K
Total Expenses$280K
Total Assets$521K
Grant Records16
Funding Total$370K
Filing Years2020–2024

Mission

THE FUND IS ORGANIZED AND OPERATED TO PROVIDE LIMITED FINANCIAL ASSISTANCE TO CURRENT AND FORMER EMPLOYEES OF CONVERGINT TECHNOLOGIES LLC (CONVERGINT) WHO ARE IN FINANCIAL NEED OR DISTRESS. THE FUND EXISTS TO ADDRESS TEMPORARY OR SHORT TERM NEED AND DISTRESS NOT CHRONIC SITUATIONS.

Officers & Directors

TREASURER Andrew Gross
DIRECTOR Barry Yatzor
CHAIRPERSON L Jennifer Hilber
SECRETARY Thomas E Foster

Officer compensation and complete director data available with membership.

Top Grant Purposes

SUPPORT
$235,000 7 grants
For grant recipient's exempt purposes
$88,200 5 grants
GIVING AND GENEROSITY
$20,000 1 grant
HUMAN SERVICES
$17,000 2 grants
PROGRAMS
$10,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $159K $280K $521K
2023 $178K $205K $642K
2022 $148K $205K $672K
2021 $163K $159K $727K
2020 $389K $151K $722K

Between 2020 and 2024, reported annual revenue declined from $389K to $159K (-59%), with total assets most recently reported at $521K.

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

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