Livermore Lab Foundation
- Assets
- $688.2k
- Revenue
- $705.8k
- Investments
- $0.0
- Employees
- 2
- Location
- Oakland, CA
- Founding
- 09/2016
- Data as of
- 12/2021
- EIN
- 81-2567763
Organization Overview
Livermore Lab Foundation is located in Oakland, CA. The organization was established in 2016. According to its NTEE Classification (T30) the organization is classified as: Public Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 12/2021, Livermore Lab Foundation employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Livermore Lab Foundation 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, Livermore Lab Foundation generated $705.8k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 38.5% each year . All expenses for the organization totaled $997.4k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2019, Livermore Lab Foundation has awarded 11 individual grants totaling $1,750,000. 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
ADVANCING SCIENTIFIC KNOWLEDGE AND INSPIRING THE NEXT GENERATION OF SCIENCE AND TECHNOLOGY LEADERS VIA PHILANTHROPIC INVESTMENTS IN WORLD-CLASS RESEARCH, EDUCATION, AND INNOVATION AT LAWRENCE LIVERMORE NATIONAL LABORATORY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
WITH FUNDING FROM THE CLEAN AND SUSTAINABLE ENERGY (CASE) FUND, LLF DEVELOPED THE CARBON CLEANUP INITIATIVE - A WEBSITE RESOURCE FOR GENERAL PUBLIC EDUCATION ABOUT CARBON NEUTRALITY AND CARBON MANAGEMENT SOLUTIONS. GRANT FUNDS ALSO SUPPORTED THE DEVELOPMENT OF A K-14 EDUCATIONAL TOOLKIT, INCLUDING TEACHER PROFESSIONAL DEVELOPMENT AND CLASSROOM LESSONS ALIGNED WITH NEXT GENERATION SCIENCE STANDARDS. MORE THAN 1000 CALIFORNIA STUDENTS PARTICIPATED IN THE PILOT DURING THE 2021-22 ACADEMIC YEAR.
FUNDING WITHOUT DONOR RESTRICTIONS AND ALS CURE PROJECT LEVERAGED LLNL AND GLADSTONE EXPERTISE TO SET THE STAGE FOR WHAT MIGHT BE POSSIBLE WITH AMYOTROPHIC LATERAL SCLEROSIS (ALS) OR LOU GEHRIG'S DISEASE. USING PHYSICS-BASED COMPUTATIONAL MODELING AND MULTI-MODAL MACHINE LEARNING, SCIENTISTS PROVIDED COMPARATIVE EXPERIMENTAL AND COMPUTATIONAL RESULTS, IDENTIFYING THE POTENTIAL FACTORS THAT LEAD TO ALS AND STUDYING POPULATIONS THAT MIGHT BE AT HIGHER RISK.
THROUGH ACADEMIC, COMMUNITY, AND PROFESSIONAL PARTNERSHIPS, LLF OFFERS FELLOWSHIP AND INTERNSHIP OPPORTUNITIES FOR HIGH SCHOOL THROUGH POST DOCTORAL SCHOLARS AT LAWRENCE LIVERMORE NATIONAL LAB. LLF PROVIDES DIRECT STUDENT FUNDING, ALLOWING MORE TIME FOR RESEARCH, STUDIES, AND ULTIMATE SUCCESS IN SCIENTIFIC CAREERS, AND SUPPORTS INTERNS WITH ASSIGNED LAB MENTORS AND ACCESS TO LLNL FACILITIES AND RESOURCES. SPECIAL FOCUS IS ON STUDENTS FROM DIVERSE AND UNDERREPRESENTED POPULATIONS IN STEM FIELDS. LLF FUNDING COVERS RESEARCH-RELATED EQUIPMENT, CONFERENCES, TRAVEL, LIVING EXPENSES, AND RELATED COSTS NOT COVERED BY LLNL.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sally Allen Officer | Officer | 35 | $130,842 |
Greg Suski Secretary And Treasurer | OfficerTrustee | 4 | $0 |
Dona Crawford Chair | OfficerTrustee | 10 | $0 |
Michael Carter Director | Trustee | 2 | $0 |
Brett Henrikson Director | Trustee | 2 | $0 |
Craig Leasure Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $308,260 |
| All other contributions, gifts, grants, and similar amounts not included above | $397,537 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $705,797 |
| Total Program Service Revenue | $0 |
| Investment income | $5 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $705,802 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $441,250 |
| Grants and other assistance to domestic individuals. | $37,120 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $130,842 |
| Compensation of current officers, directors, key employees. | $52,337 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $20,706 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $5,406 |
| Payroll taxes | $11,468 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $735 |
| Fees for services: Accounting | $15,931 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $296,876 |
| Advertising and promotion | $449 |
| Office expenses | $16,463 |
| Information technology | $6,824 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $10,646 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $2,708 |
| All other expenses | $0 |
| Total functional expenses | $997,424 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $547,750 |
| Savings and temporary cash investments | $47,814 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $92,629 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $688,193 |
| Accounts payable and accrued expenses | $5,846 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $5,846 |
| Net assets without donor restrictions | $186,785 |
| Net assets with donor restrictions | $495,562 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $688,193 |
Grants Awarded
Over the last fiscal year, Livermore Lab Foundation has awarded $440,000 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
LAWRENCE LIVERMORE NATL LAB PURPOSE: ALS Research & devl of pub outreach | $370,000 |
Merced, CA PURPOSE: Fellowship payments | $30,000 |
San Francisco, CA PURPOSE: Exam of TDP-43 dynamics | $20,000 |
Livermore, CA PURPOSE: Fellowship payments | $10,000 |
Stockton, CA PURPOSE: develop & pilot training materials | $10,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Livermore Lab Foundation has recieved totaling $60,000.
| Awarding Organization | Amount |
|---|---|
Als Cure Project Inc Pleasanton, CA PURPOSE: Research fro Bio Markers | $60,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
City Fund Beaverton, OR | $118,722,969 | $115,823,271 |
The Albertsons Companies Foundation Pleasanton, CA | $69,606,007 | $81,616,776 |
Second Harvest Of The Greater Valley Manteca, CA | $10,454,227 | $51,004,614 |
Community Initiatives Oakland, CA | $48,904,163 | $57,867,676 |
Tipping Point Community San Francisco, CA | $69,097,467 | $55,633,961 |
Dagmar Dolby Fund Novato, CA | $39,191,926 | $8,168,589 |
California Health Foundation And Trust Sacramento, CA | $115,138,512 | $36,749,563 |
Tides Network San Francisco, CA | $10,557,656 | $32,745,578 |
Focusing Philanthropy Inc Santa Monica, CA | $5,232,649 | $21,857,695 |
St Baldricks Foundation Inc Monrovia, CA | $22,964,481 | $22,578,479 |
Skid Row Housing Trust Los Angeles, CA | $203,059,004 | $18,739,094 |
Groundswell Fund San Francisco, CA | $42,239,063 | $24,343,616 |