Three Lakes Foundation Tr
- Assets
- $7.6m
- Revenue
- $18.0m
- Investments
- $0.0
- Employees
- 0
- Location
- Northbrook, IL
- Founding
- Data as of
- 12/2021
- EIN
- 84-6979177
Organization Overview
Three Lakes Foundation Tr is located in Northbrook, IL. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Three Lakes Foundation Tr is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Three Lakes Foundation Tr generated $18.0m in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 60.3% each year . All expenses for the organization totaled $6.1m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Three Lakes Foundation Tr has awarded 19 individual grants totaling $10,324,307. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
IMPROVE TIME TO DIAGNOSIS THREE LAKES FOUNDATION (TLF) 2021 PROJECTS INCLUDE A NEW PARTNERSHIP WITH THE AMERICAN COLLEGE OF CHEST PHYSICIANS TO DEVELOP AND LAUNCH A COMPREHENSIVE PRIMARY CARE AWARENESS AND EDUCATION PROGRAM TO IMPROVE RECOGNITION OF EARLY SYMPTOMS OF IDIOPATHIC PULMONARY FIBROSIS (IPF) AND EXPEDITE REFERRALS TO PULMONOLOGISTS FOR EVALUATION, DIAGNOSIS, AND TREATMENT. TLF'S WORK IN EARLY SCREENING OF SYMPTOMATIC INDIVIDUALS IN 2021 PROVED SUCCESSFUL AND THE RESULTING PROGRAM, LUNGSTORY WILL BE LAUNCHED IN 2022. IN 2021, TLF DEVELOPED AND FUNDED A NEW PROJECT FOCUSED ON HOW ENVIRONMENTAL FACTORS MAY CAUSE AND EFFECT DISEASE PROGRESSION WITH EXPERTS FROM THE UNIVERSITY OF CALGARY AND GLOBAL COLLABORATORS.
GENERAL PROGRAM TLF PROVIDES FUNDING FOR A RANGE OF ORGANIZATIONS DEDICATED TO INCREASING DISEASE AWARENESS AND SUPPORTING PATIENTS AND CAREGIVERS LIVING WITH IPF. IN 2021 GRANTS WERE PROVIDED TO: PF WARRIORS, A DALLAS BASED PATIENT GROUP THAT RUNS SUPPORT AND EDUCATION PROGRAMS; THE PULMONARY FIBROSIS FOUNDATION, FOR A NEW PROGRAM FOCUSED ON SUPPLEMENTAL OXYGEN ACCESS ISSUES; AND THE AMERICAN THORACIC SOCIETY'S "HELPING THE WORLD TO BREATH".
ACCELERATE THERAPIES TLF LED THE DEVELOPMENT OF BEFORE PF, AN INITIATIVE FOCUSED ON UNDERSTANDING IPF RISK AND PRE-SYMPTOMATIC DISEASE FOR THERAPEUTIC DEVELOPMENT IN COLLABORATION WITH INVESTIGATORS AT VANDERBILT UNIVERSITY. TLF CONTINUED TO SUPPORT THE PROLIFIC BIOMARKER CONSORTIUM AND MANAGE ITS COLLABORATION WITH THE AUSTRALIAN CRE-PF CONSORTIUM, RESULTING IN A GROWING NETWORK OF INVESTIGATORS AND RESEARCH PROJECTS FOCUSED ON EARLY DISEASE, TRANSLATIONAL SCIENCE, AND VALIDATION OF NEW DRUGS FOR CLINICAL STUDY.
MARCOMTLF ALLOCATION FUNDS FOR DEVELOPING FOUNDATION INITIATED DISEASE AWARENESS CAMPAIGNS AND COMMUNICATIONS SUPPORT FOR GRANTEE PROJECTS AND PROGRAMS. IN 2021 TLF DEVELOPED AND LAUNCHED A NEW WEBSITE TO IMPROVE AWARENESS OF IPF, TLF AWARDS AND PROGRAM-RELATED NEWS. AS A RESULT, COMMUNICATION OPPORTUNITIES WERE IDENTIFIED AND SECURED TO PROMOTE RESEARCH PROJECTS AT YALE UNIVERSITY, A TLF PARTNERSHIP WITH LUNG FOUNDATION AUSTRALIA, AND A RANGE OF ACTIVITIES RELATED TO DIAGNOSING AND TREATING IPF.
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PDF Copies of 990 Filings
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
The Hurvis Group | 12/30/21 | $1,245,316 |
Giant Propeller | 12/30/21 | $255,100 |
Somerset & Church Llc | 12/30/21 | $209,922 |
Crisp Solution | 12/30/21 | $173,921 |
Further Faster Llc | 12/30/21 | $127,454 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $11,998,178 |
| Interest on Savings | $943 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $6,025,820 |
| Capital Gain Net Income | $6,026,197 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $916 |
| Total Revenue | $18,025,857 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $131,000 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $5,133 |
| Printing and publications | $0 |
| Other expenses | $114,132 |
| Total operating and administrative expenses | $2,515,563 |
| Contributions, gifts, grants paid | $3,630,966 |
| Total expenses and disbursements | $6,146,529 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $7,616,710 |
| Savings and temporary cash investments | $8,653 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $6,233 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $7,631,596 |
| Accounts payable and accrued expenses | $12,553 |
| Grants payable | $5,477,708 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $516 |
| Total liabilities | $5,490,777 |
Grants Awarded
Over the last fiscal year, Three Lakes Foundation Tr has awarded $4,579,765 in support to 12 organizations.
| Grant Recipient | Amount |
|---|---|
Glenview, IL PURPOSE: PF EDUCATION AND QUALITY IMPROVEMENT PROGRAM | $1,596,200 |
Nashville, TN PURPOSE: DEFINING THE MOLECULAR PATHOGENESIS OF EARLY PULMONARY FIBROSIS | $546,233 |
YALE UNIVERSITY SCHOOL OF MEDICINE PURPOSE: THE PULMONARY FIBROSIS CONNECTOME | $524,389 |
UNIVERSITY OF PITTSBURGH PURPOSE: CUREPF-TRANSLATIONAL MODELS FOR PULMONARY FIBROSIS | $424,410 |
Nashville, TN PURPOSE: DEFINING THE MOLECULAR PATHOGENESIS OF EARLY PULMONARY FIBROSIS | $346,830 |
LUNG FOUNDATION AUSTRALIA PURPOSE: CENTER OF RESEARCH EXCELLENCE IN PULMONARY FIBROSIS (CRE-PF) | $333,905 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Ed Uihlein Family Foundation Lake Forest, IL | $7,123,989 | $4,757,675 |
Joseph L & Sarah S Marcum Foundation Chicago, IL | $0 | $6,419,437 |
Kraft Heinz Company Foundation Chicago, IL | $398,764 | $8,002,636 |
State Farm Companies Foundation Bloomington, IL | $9,666,483 | $1,134 |
Bayer Fund St Louis, MO | $65,640,119 | $9,167,249 |
Marie C & Joseph C Wilson Foundation Chicago, IL | $0 | $53,412 |
Humana Foundation Inc Louisville, KY | $467,311,073 | $9,744,567 |
Alphawood Foundation Chicago, IL | $96,386,448 | $15,256,055 |
Steans Family Foundation Chicago, IL | $0 | $20,140,801 |
Reiman Foundation Inc Pewaukee, WI | $64,480,239 | $12,529,672 |
Roger And Susan Stone Family Foundation Northbrook, IL | $23,476,805 | $8,385,528 |
Galashiels Fund Ltd Northbrook, IL | $154,593,436 | $48,314,988 |