Three Lakes Foundation Trust is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NORTHBROOK, IL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $595K in total assets. In 2024, it awarded 3 grants totaling $629K. Net investment income was $6K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$595K
-67.0% YoY
Annual Giving
$629K
-69.6% YoY
Grant Count
3
-62.5% YoY
Avg Grant Size
$210K
-19.0% YoY
Under IRS private-foundation payout rules, Three Lakes Foundation Trust reported a distributable amount of $78K for 2024 — the minimum it must pay out in qualifying distributions.
About Three Lakes Foundation Trust
Based on IRS filings
Three Lakes Foundation Trust is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NORTHBROOK, IL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $595K in total assets. In 2024, it awarded 3 grants totaling $629K. Net investment income was $6K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $594,643 | $1,803,147 | $1,774,254 |
| Revenue | $38,477 | $6,144,439 | $13,646 |
| Expenses | $645,748 | $3,342,601 | $1,515,699 |
| Qualifying Distributions | $1,241,507 | $3,851,462 | $5,827,387 |
| Net Investment Income | $5,647 | $2,281,063 | $13,646 |
| Distributable Amount | $78,369 | $65,893 | $244,888 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2024
Grant Size Distribution
35 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Vanderbilt University Medical Center ($616,320), University of Colorado Anschutz Medical Campus ($10,000), Federation of American Societies for Experimental Biology ($2,500).
| Recipient | Purpose | Amount |
|---|---|---|
| University of Colorado Anschutz Medical Campus Aurora, CO | Thomas L. Petty Aspen Lung Conference | $10,000 |
| Vanderbilt University Medical Center Nashville, TN | B4PF2.0 Imaging Phase II | $616,320 |
| Federation of American Societies for Experimental Biology Rockville, MD | 2024 FASEB Meeting Sponsorship | $2,500 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
No officer/director data available.
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Three Lakes Foundation Trust?
Three Lakes Foundation Trust is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NORTHBROOK, IL. It holds $595K in total assets as of 2024.
How large is Three Lakes Foundation Trust?
As of 2024, Three Lakes Foundation Trust holds $595K in total assets with $38K in annual revenue. It awarded 3 grants totaling $629K in 2024.
Where does Three Lakes Foundation Trust operate?
Three Lakes Foundation Trust has awarded grants in Colorado, Connecticut, Illinois, Massachusetts, Maryland, Minnesota, New York, Pennsylvania, Tennessee, Texas.
What size grants does Three Lakes Foundation Trust award?
In 2024, Three Lakes Foundation Trust awarded 3 grants totaling $629K — an average of about $210K per grant, based on its IRS Form 990 filings.
How much is Three Lakes Foundation Trust required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Three Lakes Foundation Trust reported a distributable amount of $78K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Three Lakes Foundation Trust's EIN?
Three Lakes Foundation Trust's EIN (Employer Identification Number) is 84-6979177. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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