Rend Lake College Foundation
Public records show a registered, tax-exempt organization in good standing.
What it says it does
REND LAKE COLLEGE FOUNDATION (RLC FOUNDATION) EXISTS FOR THE PURPOSE OF STIMULATING MAJOR VOLUNTARY PRIVATE SUPPORT FROM ALUMNI, RETIREES, FRIENDS, CORPORATIONS, FOUNDATIONS, AND OTHERS TO THE BENEFIT OF REND LAKE COLLEGE (RLC). RLC FOUNDATION STRIVES TO USE CURRENT ASSETS AND ACQUIRE ADDITIONAL ASSETS FOR IDENTIFIED AREAS OF NEED AS OUTLINED BY THE COLLEGE AND TO ACT IN A FIDUCIARY CAPACITY IN ADMINISTERING THESE ASSETS FOR THE GOOD OF RLC, ITS STUDENTS, AND THE COMMUNITY IT SERVES. RLC FOUNDATION WILL RAISE FUNDS IN ORDER TO UNDERTAKE THE FOLLOWING ACTIVITIES: HOUSE AND ADMINISTER THE RLC STUDENT SCHOLARSHIP PROGRAM, BUILD ENDOWMENTS, ASSIST WITH RLC CAPITAL DEVELOPMENT PROJECTS, SUPPORT RLC EDUCATIONAL PROGRAMS, AND PROVIDE RECOGNITION OPPORTUNITIES.
- Income
- $1.2 million
- Spending
- $557,552
- Spent on programs
- 70%
- Reserves
- 34.1 months of spending
- Largest source of income
- donations and private grants, 54%
- Employees
- 0
- Volunteers
- 21
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Good: 85 out of 100. Higher than 71% of charities in its peer group (education, $1m to $10m).
Reserves
35 of 35Spendable reserves would cover 34.1 months of spending.
Debt
20 of 20It owes 0% of what it owns.
Living within its means
15 of 15Income exceeded spending by 53% of income.
Income trend
0 of 15Income fell 40% on the year before.
Spending floor
15 of 1570% of spending went to programs and raising each dollar of donations cost 11 cents.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Strong: 100 out of 100. Higher than 74% of charities in its peer group (education, $1m to $10m).
Independent board
25 of 2516 of 16 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
7 of 7Has a written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Independent check of accounts
15 of 15Its accounts were audited by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (3)
- $363,174 spent. SCHOLARSHIPS: RLC FOUNDATION RAISES MONEY FOR RLC STUDENT SCHOLARSHIPS. WE WORK WITH COMMUNITY MEMBERS, CORPORATIONS, BUSINESSES AND ORGANIZATIONS TO START ANNUAL AND ENDOWMENT SCHOLARSHIPS. SCHOLARSHIPS ARE AWARDED TO STUDENTS WHO ARE ENROLLED AT RLC. IT IS AN ONGOING PROGRAM THAT RLC FOUNDATION IS CONSTANTLY SOLICITING DONORS FOR SCHOLARSHIPS ALL YEAR LONG.
- $10,928 spent. RLC FOUNDATION ANNUAL GOLF OUTING: THE RLC FOUNDATION ANNUAL GOLF OUTING IS THE BIGGEST FUNDRAISER OF THE YEAR. WE RAISE MONEY THROUGH SPONSORSHIPS OF GOLF HOLES, GOLF CARTS, EVENT SPONSORS, CORPORATE SPONSORS, TEAM SPONSORS, AND GENERAL DONATIONS. THIS EVENT MAKES IT POSSIBLE FOR US TO PAY SOME OF OUR OPERATING EXPENSES.
- $15,968 spent. THE GAME PLAN CAPITAL CAMPAIGN TO REVITALIZE THE RLC GYM, ATHLETIC OFFICES, RESTROOMS, CONCESSION STAND AREA, LOCKER ROOMS, FOYER, PHYSICAL/SPORTS THERAPY ROOM:RLC FOUNDATION'S CAPITAL CAMPAIGN THE GAME PLAN RAISED FUNDS FOR THE REVITALIZATION TO THE JIM WAUGH GYMNASIUM. DONATIONS WERE SOLITITED AND MADE TO HELP REVITALIZE A MORE MODERN GYM FACILITIES THAT HAD NOT BEEN TOUCHED FOR OVER 50 YEARS. THE REVITALIZATION ADDRESSED MANY THINGS, SUCH AS MORE SPACE THAT WAS NEEDED, HANDICAP BATHROOMS AND AS A RECUITING TOOL FOR RLC TO BE ABLE TO RECRUIT ACADEMICLY STRONG ATHLETES. THIS CAPITAL CAMPAIGN IS SPREAD OVER 3 YEARS.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending June 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since February 1980.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.