Hhv-6 Foundation
- Assets
- $53.7k
- Revenue
- $219.5k
- Investments
- $0.0
- Employees
- 5
- Location
- Santa Barbara, CA
- Founding
- 11/2005
- Data as of
- 12/2021
- EIN
- 20-1043981
Organization Overview
Hhv-6 Foundation is located in Santa Barbara, CA. The organization was established in 2005. According to its NTEE Classification (U50) the organization is classified as: Biological & Life Sciences, under the broad grouping of Science & Technology and related organizations. As of 12/2021, Hhv-6 Foundation employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hhv-6 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, Hhv-6 Foundation generated $219.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (4.1%) each year. All expenses for the organization totaled $199.4k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (7.1%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Hhv-6 Foundation has awarded 48 individual grants totaling $916,770. 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
THE HHV-6 FOUNDATION IS A NON-PROFIT ENTITY FOUNDED TO ENCOURAGE SCIENTIFIC EXCHANGE BETWEEN SCIENTISTS AND TO PROVIDE PILOT GRANTS FOR PROMISING SCIENTIFIC AND CLINICAL RESEARCH.THE FIRST PRIORITY OF THE FOUNDATION IS TO PROVIDE INFORMATION AND REAGENTS TO INVESTIGATORS WHO ARE INTERESTED IN STUDYING HHV-6. WE MAINTAIN A REPOSITORY OF REAGENTS INCLUDING MONOCLONAL ANTIBODIES,COSMIDS, HYBRIDOMAS, CELL LINES AND VIRAL LYSATES THAT ARE DONATED BY INVESTIGATORS AROUND THE WORLD, AND WE MAKE THESE VALUABLE RESEARCH MATERIALS AVAILABLE TO RESEARCHERS FREE OF CHARGE. WE ARRANGECOLLABORATIONS BETWEEN INVESTIGATORS, HOST CONFERENCES AND COORDINATE INITIATIVES AMONG INVESTIGATORS TO DEVELOP CONSENSUS ON ISSUES RELATING TO HHV-6. WE ATTEND CONFERENCES IN THE FIELD OF NEUROLOGY AND STEM CELL TRANSPLANTS TO PROVIDE INVESTIGATORS WITH INFORMATION ABOUT HHV-6, AND TO ENCOURAGE CLINICAL RESEARCH.ANOTHER IMPORTANT PRIORITY FOR THE FOUNDATION IS TO ENCOURAGE EFFORTS TO FIND ANTIVIRAL COMPOUNDS THAT ARE
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE HHV6 FOUNDATION PROVIDES GRANTS TO SCIENTISTS AND CLINICIANSSTUDYING HHV6. THE FOUNDATION ALSO SPONSORS CONFERENCES, PROMOTESSCIENTIFIC EXCHANGE, AND MANAGES A REPOSITORY OF REAGENTS THAT AREOFFERED FREE OF CHARGE TO SCIENTISTS CONDUCTING RESEARCH ON THE VIRUS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dharam Ablashi Vice President | OfficerTrustee | 40 | $0 |
Karen Reilly Treasurer | OfficerTrustee | 1 | $0 |
Kristin Loomis President | OfficerTrustee | 45 | $0 |
Mona Eliassen Chairman | Trustee | 1 | $0 |
Dan Peterson Board Member | Trustee | 1 | $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 | $219,503 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $219,503 |
| 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 | $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 | $219,503 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $83,000 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| 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 | $65,496 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $6,135 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $402 |
| 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 | $3,147 |
| All other expenses | $10,467 |
| Total functional expenses | $199,378 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $53,695 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $53,695 |
| 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 | $4,739 |
| Total liabilities | $4,739 |
| Net assets without donor restrictions | $48,956 |
| 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 | $53,695 |
Grants Awarded
Over the last fiscal year, Hhv-6 Foundation has awarded $80,000 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
TRUSTEES OF TUFTS COLLEGE PURPOSE: Medical Research | $50,000 |
HARVARD MEDICAL SCHOOL PURPOSE: Medical Research | $20,000 |
SOLVE ME PURPOSE: Medical Research | $10,000 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Hhv-6 Foundation has recieved totaling $30,163.
| Awarding Organization | Amount |
|---|---|
Schwab Charitable Fund San Francisco, CA PURPOSE: PUBLIC, SOCIETAL BENEFIT | $30,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $163 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Mind Research Institute Irvine, CA | $30,499,790 | $38,037,109 |
J Craig Venter Institute Inc La Jolla, CA | $93,744,354 | $25,447,926 |
Portland Va Research Foundation Inc Portland, OR | $12,517,323 | $7,209,614 |
Science Communication Lab Inc Berkeley, CA | $4,692,973 | $3,775,233 |
California Council On Science And Technology Sacramento, CA | $26,765,030 | $7,878,451 |
Conservation Science Partners Inc Truckee, CA | $1,594,912 | $2,300,579 |
California Dental Association Foundation Sacramento, CA | $3,034,863 | $1,324,492 |
Consultative Group On Biological Diversity San Francisco, CA | $3,025,485 | $1,640,597 |
The National Center For Science Education Inc Oakland, CA | $3,557,179 | $2,022,565 |
Integral Ecology Research Center Mckinleyville, CA | $371,582 | $1,085,470 |
K & F Baxter Family Foundation S Pasadena, CA | $666,873 | $884,568 |
Oregon Institute Of Science And Medicine Cave Junction, OR | $1,733,907 | $228,213 |