L-Cmd Research Foundation
- Assets
- $1.4m
- Revenue
- $1.5m
- Investments
- $0.0
- Employees
- 0
- Location
- Houston, TX
- Founding
- Data as of
- 12/2021
- EIN
- 85-2640499
Organization Overview
L-Cmd Research Foundation is located in Houston, TX. According to its NTEE Classification (H40) the organization is classified as: Diseases of Specific Organs Research, under the broad grouping of Medical Research and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. L-Cmd Research 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, L-Cmd Research Foundation generated $1.5m in total revenue. All expenses for the organization totaled $45.5k during the year ending 12/2021.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
L-CMD RESEARCH FOUNDATION'S PURPOSE IS TO URGENTLY TRANSLATE AVAILABLE TECHNOLOGIES INTO IMPACTFUL TREATMENTS FOR L-CMD NOW.
Describe the Organization's Program Activity:
Part 3 - Line 4a
L-CMD RESEARCH FOUNDATION IS FOCUSED ON IDENTIFYING AND SUPPORTING RESEARCH TEAMS WORLDWIDE THAT ARE DEVELOPING IMPACTFUL TREATMENTS FOR L-CMD. IN 2021, L-CMD RESEARCH FOUNDATION SUPPORTED PROJECTS INVOLVED IN THE DEVELOPMENT OF GENE THERAPY AND REPURPOSING OF FDA APPROVED DRUGS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sara Desai Secratary | Trustee | 1 | $0 |
Paige Bolinger Board Member | Trustee | 1 | $0 |
Poornima Vanguri Board Member | Trustee | 1 | $0 |
Danielle Sliter Board Member | Trustee | 1 | $0 |
Mark Corman Treasurer | Trustee | 20 | $0 |
Hannah Lowe President | Trustee | 20 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,461,724 |
| Noncash contributions included in lines 1a–1f | $27,864 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,461,724 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$481 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,461,243 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $11,225 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $18,057 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $150 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| 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 | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $16,061 |
| Total functional expenses | $45,493 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,418,892 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $5,295 |
| 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 | $80 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,424,267 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Net assets without donor restrictions | $1,424,267 |
| Net assets with donor restrictions | $0 |
| 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 | $1,424,267 |
Grants Recieved
Over the last fiscal year, we have identified 12 grants that L-Cmd Research Foundation has recieved totaling $381,319.
| Awarding Organization | Amount |
|---|---|
Morgan Stanley Global Impact Funding Trust Inc Indianapolis, IN PURPOSE: UNRESTRICTED GENERAL SUPPORT | $250,000 |
The Foundation For Enhancing Communities Harrisburg, PA PURPOSE: HEALTH | $44,206 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $28,139 |
American Endowment Foundation Hudson, OH PURPOSE: DISEASE/DISORDER | $27,800 |
Drw Trading Group Foundation Chicago, IL PURPOSE: GENERAL SUPPORT | $25,000 |
Robert Wood Johnson Foundation Princeton, NJ PURPOSE: MATCHING GIFTS | $1,250 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Metis Foundation San Antonio, TX | $2,545,676 | $9,772,629 |
Mercy Research Springfield, MO | $1,873,704 | $4,182,009 |
Childrens Medical Center Research Institute At The University Of Tex Dallas, TX | $3,647,236 | $5,406,938 |
Biomedical Research Institute Of New Mexico Albuquerque, NM | $13,199,153 | $8,153,350 |
Cerebral Palsy Research Foundation Of Kansas Inc Wichita, KS | $16,856,150 | $7,008,129 |
Glenn Foundation For Medical Research Inc Phoenix, AZ | $192,520,690 | $23,653,368 |
Center For Improving Value In Health Care Denver, CO | $5,434,732 | $7,883,219 |
Pkd Foundation Kansas City, MO | $20,909,832 | $16,124,449 |
Riordan Clinic Inc Wichita, KS | $2,732,977 | $6,794,180 |
Foundation For Angelman Syndrome Therapeutics Austin, TX | $17,749,994 | $3,977,487 |
Kansas State University Research Foundation Manhattan, KS | $15,643,687 | $5,376,469 |
Siut North America Inc Houston, TX | $1,089,866 | $4,188,767 |