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Illinois · Nonprofit
Lake Forest College (Illinois) is funded by 162 grantmakers whose IRS filings report $54,268,041 in grants to it, the largest being Goldman Sachs Philanthropy Fund ($16,196,000). 107 of them have funded it in more than one year.
Against its field
Lake Forest College has grown faster than half of the 298 education nonprofits its size.
this organization peer median middle 50% of peers· 298 education nonprofits over $100M, FY2024
Revenue, expenses and net assets — each indexed to 100 at its first filing year, so you read the trajectory, not the magnitude. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.
The funding model — what share of revenue comes from contributions, programs, investments and other sources — and whether it's shifting.
16% of Lake Forest College’s revenue is contributions — more donation-reliant than the typical peer (13% for the typical peer).
Operating surplus or deficit each year, and months of liquidity in hand. 3 of the last 7 reported years ran a deficit.
$145k from 6 funders in 2025, up from $315k and 31 in 2017.
31 of 162 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 44% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
From the IRS filings of Lake Forest College’s funders (the co-funder graph). Top 30 of 162 funders by total. Association, not causation.
Lake Forest College has a broad base — no single funder exceeds 30% of grant income, and it takes 3 funders to reach half.
the vertical line marks half of all grant income — 3 funders to its left
Largest funder’s share by year: 2017 25% · 2018 28% · 2019 47% · 2020 34% · 2021 58% · 2022 74% · 2023 62% · 2024 43% · 2025 26% — broadly stable.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration.
45% of Lake Forest College's funders are still giving 3 years after their first grant; 66% give in more than one year at all.
Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year.
Lake Forest College draws 68% of its grant income from funders outside Illinois — its reputation reaches beyond the state, across 28 states in all.
In-state vs out-of-state, by year
Grantmakers that don’t fund you yet, surfaced two ways: they back organizations that share your funders, or their grantees resemble your mission. The ones both signals agree on come first. Your 162 funders put you under-funded among the 400 organizations that share them.
From the co-funder graph (funders backing at least two comparable organizations, shrunk for grantee count, donor-advised and mega-funds excluded) and the universe embeddings. A research starting point; overlap is association, not a guarantee of fit.
Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $9.7M on record.
Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.
Nonprofits whose mission and program text most resemble this one, by semantic similarity over the universe of US filings — the closest peers, and often the clearest route to shared or prospective funders.
Read directly from this organization’s own Form 990, as neutral context.
90% of spending goes to programs.
Operates in 8 states
Part of a family of 1 related entity
Every figure is read directly from IRS Form 990 / 990-PF e-file XML — this organization’s own return for FY2024 (financials across 2018–2024), and the filings of 162funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. view filing