The Lake Land College Foundation is a nonprofit corporation organized and operated exclusively for educational, scientific, and cultural purposes to assist in developing and fostering scholarships and charitable activities. The Foundation assists the College in developing and enhancing the educational opportunities and services to its students, alumni, and citizens of the district. The Foundation administers general and academic scholarships, which have been made available by contributions, gifts, grants, and bequests. The Foundation is chartered under the Internal Revenue Code as a 501(c)(3) tax exempt, non-profit organization, which may accept gifts of money, property, works of art, historical papers and documents, museum specimens and other materials having educational, artistic or historical value, and by such other proper means as may be deemed advisable.
The Foundation is headed by a board of directors, comprised of community members. The 19 member board of directors and one honorary director oversee the holding, investing, managing, and awarding of Foundation assets.
Welcome to the 2020 Lake Land College Foundation Donor Celebration!
At the virtual 2020 Lake Land College Foundation Donor Celebration and Annual Meeting, the Foundation celebrated 50 years of service to students and the Lake Land College community.
The Foundation continues to grow since its inception, with close to $13 million in total net assets, including $3.6 million in unrestricted gifts. Throughout the past 15 years, the Foundation has awarded more than $5 million in scholarships, with more than $500,000 in scholarships going to more than 440 students this academic year.
“The Foundation extends congratulations and gratitude to all of the award recipients as well as the many other members of the community who continue to offer their support,” Executive Director for College Advancement Christina Donsbach said.
The Foundation welcomed new board members Denise Bence from Shelbyville, Amanda Martin from Paris and Blake Pierce from Mattoon as well as thanked outgoing board members Robert Pancoast from Shelbyville, Alan Fedrigon from Shelbyville and Chad Thompson from Effingham.
The virtual event also introduced the community to the newly completed Foundation & Alumni Center. As well as providing a central location for the college development staff, the center will serve as a space for future Foundation and alumni events.