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Nonprofit · EIN 26-3871609

LAKESHORE FOUNDATION

Tax-exempt · HINSDALE, IL 60522

Financials

$19K$18K2023$26K$22K2024
Revenue Expenses · by fiscal year end
Financials of LAKESHORE FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-PF$25,870$21,848$4,022$229,457$0$229,457
December 31, 2023990-PF$18,811$17,654$1,157$225,098$0$225,098
Financial details: 990-PF for the year ended December 31, 2024

Revenue

Dividends
$9,372
Net gain from sales of assets
$16,498

Expenses

Grants and similar amounts paid
$20,000
Compensation of officers, directors and key employees
$0
Disbursements for charitable purposes
$20,000
Excise tax on investment income
$360

Balance sheet and other

Total assets, start of year
$225,098
Total assets, end of year
$229,457
Total liabilities, end of year
$0
Net assets, end of year
$229,457
Fair market value of assets
$354,355
Qualifying distributions
$20,000
Net investment income
$25,870

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990-PF for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
CANDELARIA MALMGREN TAGER
PO BOX 375, HINSDALE, IL 605220375
PRESIDENT0$0
BARBARA M TIRMAN
PO BOX 375, HINSDALE, IL 605220375
CHAIRPERSON0$0
ANTHONY G MARCUSSEN
PO BOX 375, HINSDALE, IL 605220375
VICE PRESIDENT0$0
GREGG S TAGER
PO BOX 375, HINSDALE, IL 605220375
SECRETARY0$0
GEORGE V MALMGREN IV
PO BOX 375, HINSDALE, IL 605220375
TREASURER0$0
MELISSA A MALMGREN
PO BOX 375, HINSDALE, IL 605220375
DIRECTOR0$0
ANDREW J TIRMAN
PO BOX 375, HINSDALE, IL 605220375
DIRECTOR0$0
LEAH M FRANKS
PO BOX 375, HINSDALE, IL 605220375
DIRECTOR0$0
990-PF for the year ended December 31, 2023: 7 people
NameTitleHours / weekCompensation
CANDELARIA MALMGREN TAGER
PO BOX 375, HINSDALE, IL 605220375
PRESIDENT0$0
GEORGE V MALMGREN IV
PO BOX 375, HINSDALE, IL 605220375
TREASURER0$0
ANTHONY G MARCUSSEN
PO BOX 375, HINSDALE, IL 605220375
DIRECTOR0$0
BARBARA M TIRMAN
PO BOX 375, HINSDALE, IL 605220375
DIRECTOR0$0
GREGG S TAGER
PO BOX 375, HINSDALE, IL 605220375
DIRECTOR0$0
MELISSA A MALMGREN
PO BOX 375, HINSDALE, IL 605220375
DIRECTOR0$0
ANDREW TIRMAN
PO BOX 375, HINSDALE, IL 605220375
DIRECTOR0$0

Address and contacts

Address (IRS master file)
PO BOX 375, HINSDALE, IL 60522-0375
Signed the 990-PF
CANDELARIA MALMGREN TAGER, PRESIDENT
Phone
(630) 887-8606
Return prepared by
SELDEN FOX LTD

What it must file and when

IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990-PF on file
2023December 31, 2023May 15, 2024990-PF on file

IRS record

EIN
26-3871609
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Private non-operating foundation
Donations deductible (Pub 78)
Private foundation, 30% limit
Exempt since
2009
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$229,457
Income (IRS master file)
$104,690

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2024$25,870$21,848$229,457XML
990-PFDecember 2023$18,811$17,654$225,098XML
990-PFDecember 2022–––IRS
990-PFDecember 2021–––IRS
990-PFDecember 2020–––IRS

990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS.

Questions about LAKESHORE FOUNDATION

What is the EIN of LAKESHORE FOUNDATION?
The employer identification number (EIN) of LAKESHORE FOUNDATION is 26-3871609.
Is LAKESHORE FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2009.
Are donations to LAKESHORE FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does LAKESHORE FOUNDATION file?
Form 990-PF. Private foundations file every year.
When is the next return of LAKESHORE FOUNDATION due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did LAKESHORE FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990-PF for the year ended December 2024.
Who are the officers and directors of LAKESHORE FOUNDATION?
The 990-PF for the year ended December 31, 2024 lists 8 people; 0 received compensation from the organization.
How much revenue does LAKESHORE FOUNDATION have?
On its 990-PF for the year ended December 31, 2024 it reported revenue of $25,870, expenses of $21,848 and total assets of $229,457 at year end.

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