Illinois · Nonprofit
Lake Forest Graduate School of Management
Lake Forest Graduate School of Management (Illinois) receives grants from 4 organizations whose IRS filings report $1,054,615 to it, the largest being THE CHARMM'D FOUNDATION ($1,050,000). 2 of them have funded it in more than one year.
- Revenue FY2025
- $3.0M
- Funders on record
- 4
- Grants received
- $1.1M
- Net assets
- $9.6M
What Lake Forest Graduate School of Management does
Mission
Lake Forest Graduate School of Management's mission is to bring the real world to business education and leadership development.
As stated on its FY2025 Form 990.
Programs
Lake forest center for leadership (c4l) is a part of lake forest graduate school which provides interrelated formal classroom business education instruction in the form of certificate programs and short-term workshops in subjects such as strategic execution, finance, communication, leadership development, negotiations, project management, managing change, and sales. C4l provides these programs to corporations, primarily in the chicago area. C4l develops curricula, which when delivered through formal classroom instruction, enable employees of those organizations to broaden their business knowledge, and to help them move from individual contributor to organizational contributors. This is accomplished by tailoring curricula, content, and programs to meet specific needs of the employees of the corporations.
$3,018,817 spent$2,700,004 earned by the program56% of program spendingLake Forest Graduate School of Management combines traditional and leading-edge academics with a practitioner faculty that provides a dynamic connection with the real world of business. This distinctive approach responds directly to the results-oriented demands of today's business environment while satisfying academic rigor. Our faculty members offer diverse perspectives and represent a wide array of organizations, industries, and functions. They blend solid business theory with practical experience, so students receive a hands-on education that is unmatched. All of our faculty members have extensive practical experience in the subject areas they teach. Building on the skills students bring to the program, our courses sharpen their analytical abilities by combining course work with day-to-day professional experiences. Our general mba program offers a broad knowledge base in every area needed for success in today's business world. Interactive and personal, our faculty members incorporate a wide range of teaching methodologies, including facilitated discussion on issues and responsibilities facing management today.
$2,326,929 spentof which $439,812 as grants$2,414,772 earned by the program44% of program spending
The 2 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $5,345,746.
The organization over time
Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2024 to 2025, from $15M to $10M (−30%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
Government-grant reliance: 2020 0% · 2021 13% · 2022 5% · 2023 0% · 2024 0% · 2025 0%. Grants only. Government contracts and fees sit inside program revenue.
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 8 of the last 9 reported years ran a deficit.
reserve
Leadership and staff
The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.
Chief executive
Jeffrey Anderson
President & CEO
As listed on its FY2025 Form 990.
Who funds it, year by year
2017 → 2021: the base held at 1 funder, grant income rose $150 → $500.
From the IRS filings of Lake Forest Graduate School of Management’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How concentrated its funding is
Lake Forest Graduate School of Management leans on a few funders — its largest provides 100% of grant income and the top three 100%; half comes from just 1 funder.
the vertical line marks half of all grant income — 1 funder to its left
Largest funder’s share by year: 2017 100% · 2018 100% · 2019 40% · 2020 84% · 2021 100% — broadly stable.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Where its funders are
100% of Lake Forest Graduate School of Management's grant income comes from Illinois funders.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Government funding Lake Forest Graduate School of Management receives
Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $406k on record.
- Department of Education$406k
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.
Organizations like Lake Forest Graduate School of Management
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In Illinois
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
73% of spending goes to programs.
Governance
Footprint & structure
Files a return copy in 1 state
Screen this organization
A dated, signed PDF of the compliance screen for Lake Forest Graduate School of Management: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds Lake Forest Graduate School of Management?
- Lake Forest Graduate School of Management (Illinois) receives grants from 4 organizations whose IRS filings report $1,054,615 to it, the largest being THE CHARMM'D FOUNDATION ($1,050,000). 2 of them have funded it in more than one year.
- How many funders does Lake Forest Graduate School of Management have?
- IRS filings report 4 organizations giving $1,054,615 in grants to Lake Forest Graduate School of Management, 2 of which have funded it in more than one year.
- Who is the largest funder of Lake Forest Graduate School of Management?
- THE CHARMM'D FOUNDATION is the largest funder on record, with $1,050,000 in grants. The full list of funders is on this page.
- How can an organization like Lake Forest Graduate School of Management find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Illinois. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
Play a game about who funds Lake Forest Graduate School of Management →
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 4 funders 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. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing