The Lam Foundation

Organization Overview

The Lam Foundation is located in Cincinnati, OH. The organization was established in 1995. 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 12/2023, Lam Foundation employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lam 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 12/2023, Lam Foundation generated $1.5m in total revenue. The organization has seen a slow decline revenue. Over the past 9 years, revenues have fallen by an average of (0.4%) each year. All expenses for the organization totaled $1.8m during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.

Since 2015, Lam Foundation has awarded 58 individual grants totaling $3,318,201. 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

THE LAM FOUNDATION URGENTLY SEEKS SAFE AND EFFECTIVE TREATMENTS AND ULTIMATELY A CURE FOR LAM.

Describe the Organization's Program Activity:

Part 3 - Line 4a

RESEARCH COSTSTHE LAM FOUNDATION AWARDED $330,000 TO FUND TWO NEW RESEARCH PROJECTS IN 2023. THE FOUNDATION CONTINUED TO FUND TWELVE GRANTS WHICH HAD BEEN APPROVED IN PRIOR YEARS. THE FOUNDATION PRIORITIZED FUNDING FOR TWO INNOVATIVE PATIENT-FOCUSED STUDIES: LAM PREP AND LAMFIT. THE LAM FOUNDATION EARLY CAREER NETWORK (TEN) MET ON FOUR OCCASIONS, PROVIDING A UNIQUE ENVIRONMENT FOR YOUNG INVESTIGATORS TO DISCUSS THEIR LAM RESEARCH AND CAREER GOALS.


PATIENT SERVICESIN COLLABORATION WITH OUR LAM CLINIC DIRECTORS, LIAISONS AND SCIENTISTS WE OFFERED 21 VIRTUAL EVENTS, INCLUDING LAMPOSIUM IN YOUR LIVING ROOM WEBINARS, EDUCATION MEETINGS, AND SOCIAL GATHERINGS. 811 MEMBERS OF OUR GLOBAL COMMUNITY ATTENDED OUR VIRTUAL EVENTS, AND THE RECORDED PRESENTATION RECEIVED OVER 1200 VIEWINGS, FURTHER SPREADING LAM EDUCATION AND AWARENESS AROUND THE GLOBE. MORE THAN 231 INDIVIDUALS REGISTERED WITH THE FOUNDATION. TEN CIRCLE OF HOPE TRANSPLANT SUPPORT PROGRAM PARTICIPANTS RECEIVED LUNG TRANSPLANTS THIS YEAR, RESULTING IN MORE THAN 54 TISSUE SAMPLES TO FURTHER LAM RESEARCH. WE PRODUCED FOUR JOINT REGIONAL EDUCATIONAL CONFERENCES IN PARTNERSHIP WITH THE TSC ALLIANCE IN DENVER, BRIMINGHAM, WASHINGTON D.C. AND SEATTLE.


CLINICALTHE LAM CLINIC & RESEARCH NETWORK CONTINUES TO EXPAND AND PROVIDE LOCALLY BASED, EXPERT CARE FOR WOMEN WITH LAM AROUND THE WORLD. WE ADDED 4 CLINICS IN 2023: RICHMOND, VA, JOHANNESBURG, SOUTH AFRICA; CHARLOTTESVILLE, VA AND MAINZ, GERMANY. THE LAM FOUNDATION HOSTED 55 MEMBERS OF THE LAM CLINIC AND RESEARCH NETWORK AT THE LAM FOUNDATION LUNCHEON AT THE ATS CONFERENCE IN WASHINGTON, D.C.


Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.

Board, Officers & Key Employees

Name (title)Compensation
Susan Sherman
CEO
$221,520
Vera Krymskaya PHD
Director
$0
Andrew Romanosky
Treasurer
$0
Dan Dilling MD
Director
$0
Pat Venters
Director
$0
Stephanie Nemser-Dreyer
Director
$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$1,354,526
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$1,354,526
Total Program Service Revenue$10,000
Investment income $85,293
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 $1,455,589

Grants Awarded

Over the last fiscal year, The Lam Foundation has awarded $424,891 in support to 7 organizations.

Grant RecipientAmount

BRIGHAM & WOMENS HOSPITAL

PURPOSE: Research

$56,891

NEW YORK MEDICAL COLLEGE

PURPOSE: Research

$10,000

CINCINNATI CHILDRENS MED CEN

PURPOSE: Research

$163,000

NORTHWESTERN UNIVERSITY

PURPOSE: Research

$50,000

UNIVERSITY OF MARYLAND

PURPOSE: Research

$60,000

UNIVERSITY OF PENNSYLVANIA

PURPOSE: Resarch

$60,000
View Grant Profile

Peer Organizations

Organization NameAssets
Communtiy Foundation Of The Holland Zeeland Area
Holland, MI
$25,887,154
The M S Hershey Foundation
Hershey, PA
$28,386,935
University Of Louisville Real Estate Foundation
Louisville, KY
$30,989,906
University Of Pittsburgh And Upmc Medical And Health Sciences Fdn
Pittsburgh, PA
$13,108,322
Pittsburgh Promise Foundation
Pittsburgh, PA
$10,120,509
Poise Foundation
Pittsburgh, PA
$11,325,031
Comerica Charitable Tr
Detroit, MI
$13,296,605
Travis Manion Foundation
Doylestown, PA
$11,104,104
Acts Legacy Foundation Inc
Fort Washington, PA
$5,178,233
New Albany Community Foundation
New Albany, OH
$7,914,986
Regional Opportunity Initiatives Inc
Bloomington, IN
$1,135,730
Licking County Foundation
Newark, OH
$12,252,968
American Friends Of Kohelet Policy Forum
Philadelphia, PA
$121,500
Capital For Good Usa
Paoli, PA
$12,047,306
Benter Foundation
Pittsburgh, PA
$6,190,163
Lincoln County Opportunity Company
Hamlin, WV
$7,349,321
United Way Of Greater Stark County Inc
Canton, OH
$6,562,716
The Fund For The School District Of Philadelphia
Philadelphia, PA
$5,270,828
Porter County Government Charitable Nonprofit Foundation Inc
Valparaiso, IN
$7,288,446
The Schechter Institutes Inc
Jenkintown, PA
$6,007,275
Pittsburgh Penguins Foundation
Pittsburgh, PA
$5,417,110
Reading Terminal Market Corporation
Philadelphia, PA
$5,282,473
Sisters Of Charity Foundation Of South Carolina
Cleveland, OH
$6,338,238
Feeding Pennsylvania
Lemoyne, PA
$4,254,132
Mt Hope Charities Inc
Mt Hope, OH
$4,753,379

Create an account to unlock the data you need.

or