Lake Michigan College Foundation
THE MISSION OF THE LAKE MICHIGAN COLLEGE FOUNDATION IS TO RAISE FUNDS IN SUPPORT OF LAKE MICHIGAN COLLEGE AND ITS STUDENTS. THE LAKE MICHIGAN COLLEGE FOUNDATION IS THE MAIN FUND-RAISING ORGANIZATION OF LAKE MICHIGAN COLLEGE FOR THE SOLICITATION, RECEIPT AND MANAGEMENT OF ALL PRIVATE GIFTS.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$20.5M
+28.6% YoY
Annual Giving
$1.3M
-15.2% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$1.3M
-15.2% YoY
About Lake Michigan College Foundation
Based on IRS filings
Lake Michigan College Foundation is a nonprofit organization, based in BENTON HARBOR, MI. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $20.5M in total assets. In 2024, it awarded 1 grants totaling $1.3M. Net investment income was $1.2M.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $20,464,360 | $15,916,522 | $15,632,753 |
| Revenue | $4,935,176 | $1,656,707 | $2,877,330 |
| Expenses | $1,466,353 | $1,702,782 | $868,454 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $1,203,708 | $484,480 | $2,345,848 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2024
Grant Size Distribution
5 grants across all recorded years
Open Grants
1 open opportunity from Lake Michigan College Foundation
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| TREVOR KUBATZKE | DIRECTOR/COLLEGE PRESIDENT | 0.25 | — |
| KELLI HAHN | TREASURER/COLLEGE CFO | 1 | — |
| DOUG SCHAFFER | SECRETARY | 39 | — |
| RANDY BETTICH | DIRECTOR | 0.25 | — |
| KELLY FERNEAU | PRESIDENT | 1 | — |
| DAVID SCHAFFER | DIRECTOR | 0.25 | — |
| ALLOYD BLACKMON | DIRECTOR | 0.25 | — |
| AMY WHITE | DIRECTOR | 0.25 | — |
| DAVID COSTAS | DIRECTOR | 0.25 | — |
| DEB O'CONNOR | DIRECTOR | 0.25 | — |
| JOHN JANICK | DIRECTOR | 0.25 | — |
| CAROLYN HANSON | DIRECTOR | 0.25 | — |
| MARY JO TOMASINI | DIRECTOR | 0.25 | — |
| MICHAEL CARLSON | DIRECTOR | 0.25 | — |
| VICKI BURGHDOFF | DIRECTOR | 0.25 | — |
| PATSY HARTZELL | DIRECTOR | 0.25 | — |
| TINA ACKERMAN VAUGHT | DIRECTOR | 0.25 | — |
| ROBERT BURCH | DIRECTOR | 0.25 | — |
| SCOTT DIENES | DIRECTOR | 0.25 | — |
| SCOTT GEIK | DIRECTOR/VICE PRESIDENT | 0.25 | — |
| SCOTT MCFARLAND | DIRECTOR | 0.25 | — |
| STEVEN HADAWAY | DIRECTOR | 0.25 | — |
| TIM PASSARO | DIRECTOR | 0.25 | — |
| GLORIA ENDER | DIRECTOR | 0.25 | — |
| JIM MAROHN | DIRECTOR | 0.25 | — |
| LARS PETZKE | DIRECTOR | 0.25 | — |
| BRETT CLOSSON | DIRECTOR | 0.25 | — |
| TIM TATE | DIRECTOR | 0.25 | — |
| JOHN GROVER | DIRECTOR | 0.25 | — |
| MEGAN HENDRIX | DIRECTOR | 0.25 | — |
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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