THE ORGANIZATION'S PURPOSE IS TO PROVIDE SUPPORT TO THE LAKE FOREST LIBRARY IN ITS MISSION TO INSPIRE LIFE-LONG LEARNING, PROMOTE THE FREE AND RESPECTFUL EXCHANGE OF IDEAS AND TO BUILD COMMUNITY.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$557K
+14.9% YoY
Revenue
$63K
+13.7% YoY
Net Investment Income
$34K
+264.2% YoY
Expenses
$4K
-59.4% YoY
About The Lake Forest Library Foundation
Based on IRS filings
The Lake Forest Library Foundation is a nonprofit organization focused on Education, based in LAKE FOREST, IL. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $557K in total assets. Net investment income was $34K.
Focus Areas
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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 | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $557,237 | $484,827 | $392,237 |
| Revenue | $62,668 | $55,111 | $33,764 |
| Expenses | $4,363 | $10,753 | $7,712 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $33,638 | $9,237 | $-9,172 |
| 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 0 recipients in 2025
Grant Size Distribution
1 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2025 IRS filing
From 2025 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| MARK SARAN | PRESIDENT | 1 | — |
| STEVE SINCLAIR | VICE PRESIDENT | 1 | — |
| L ROBERT PASQUESI | TREASURER | 1 | — |
| MICHAEL HOEFT | SECRETARY | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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