Bay Area Lyme Foundation
- Assets
- $2.2m
- Revenue
- $3.1m
- Investments
- $0.0
- Employees
- 2
- Location
- Portola Valley, CA
- Founding
- 07/2012
- Data as of
- 12/2022
- EIN
- 45-3715012
Organization Overview
Bay Area Lyme Foundation is located in Portola Valley, CA. The organization was established in 2012. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 12/2022, Bay Area Lyme Foundation employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bay Area Lyme 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 12/2022, Bay Area Lyme Foundation generated $3.1m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 14.8% each year . All expenses for the organization totaled $3.7m during the year ending 12/2022. While expenses have increased by 12.0% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Bay Area Lyme Foundation has awarded 73 individual grants totaling $11,324,486. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO ACCELERATE DEVELOPMENT OF RELIABLE DIAGNOSTIC TOOLS FOR LYME DISEASE & A CURE FOR LATE STAGE LYME THRU FUNDING INNOVATIVE RESEARCH; FOSTER PREVENTION THRU EDUCATION
Describe the Organization's Program Activity:
Part 3 - Line 4a
AS AN INDEPENDENT NONPROFIT ORGANIZATION, BAY AREA LYME IS ABLE TO PARTNER WITH LEADING RESEARCHERS AND INSTITUTIONS ALL ACROSS THE COUNTRY TO SUPPORT THE MOST INNOVATIVE AND PROMISING PROJECTS IN LYME DISEASE RESEARCH, REGARDLESS OF AFFILIATION. TRUE BREAKTHROUGHS WILL OCCUR ONLY THROUGH WELL-DESIGNED RESEARCH PROJECTS AND AT BAY AREA LYME, WE HAVE A RIGOROUS SCREENING AND MONITORING PROCESS, GRANT CONTINGENCIES, AND PROJECT REPORTING, TO ENSURE THAT PROJECTS ARE EFFECTIVELY DESIGNED AND FUNDS WELL SPENT. IN 2022, BAY AREA LYME FOUNDATION FUNDED 10 GRANTS AVERAGING $266,000 PER AWARD TO VARIOUS INSTITUTIONS ACROSS THE COUNTRY FOR A TOTAL OF $2,657,436. $857,268 WAS AWARDED TO PROJECTS FOCUSED ON IMPROVED DIAGNOSTICS OF LYME DISEASE AND OTHER TICK-BORNE INFECTIONS; $1,696,936 AWARDED TO IMPROVE THERAPIES, AND THE REMAINING GRANTS FOR ECOLOGY AND AWARENESS PROJECTS. DUKE UNIVERSITY RECEIVED A GRANT OF $725,876 TO CONTINUE THE WORK OF THE LATE DR. NEIL SPECTOR ON LYME DISEASE. THE LAB OF DR. CHARLES CHIU RECEIVED A GRANT OF $1,047,721 TO SUPPORT THE COSTS OF ESTABLISHING THE UCSF LYME CLINICAL TRIAL CENTER. THE 2022 EMERGING LEADER AWARDS TOTALING $200,000 WERE AWARDED TO DIAGNOSTIC PROJECTS AT STANFORD UNIVERSITY AND TUFTS UNIVERSITY. THE REMAINING GRANT AWARDS OF $683,839 WERE TO ORGANIZATIONS WHOSE PROJECTS ALIGNS WITH THE FOUNDATION'S MISSION.
BAY AREA LYME FOUNDATION'S EDUCATION AND AWARENESS PROGRAMS INCLUDE FREE TICKTECTIVE PODCASTS, SPEAKER SERIES PRESENTATIONS AND A WIDE VARIETY OF EDUCATION AND TRAINING REGARDING TICK-BITE PREVENTION. IN 2022, BAY AREA LYME ENTERED INTO ITS SECOND YEAR OF ITS PARTNERSHIP WITH THE AMERICAN JUNIOR GOLF ASSOCIATION (AJGA) PROVIDING ITS YOUNG MEMBERS WITH TICK PREVENTION POUCHES THAT INCLUDED A TICK REMOVAL KEY, REPELLANT AND INFORMATION ABOUT LYME DISEASE AND OTHER TICK BORNE INFECTIONS. THIS MULTI-YEAR PARTNERSHIP IS TARGETING OVER 10,000 YOUTHS ACROSS THE COUNTRY. IT WAS THE PREMIER SPONSOR OF 3 TOURNAMENTS HELD IN CALIFORNIA AND NEW JERSEY. ONE IN-PERSON SPEAKER SERIES EVENT WAS HELD IN THE FALL OF 2022 WHERE GUESTS LISTENED TO DR. STEVEN HARRIS DISCUSSED THE COMPLEXITIES OF TREATING LYME DISEASE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Linda Giampa Executive Director/secretary | Officer | 19.39 | $249,000 |
Dianne Barney Controller | 10 | $142,000 | |
Laure Woods President, Board Of Director | OfficerTrustee | 2 | $0 |
Bonnie Crater Treasurer, Board | OfficerTrustee | 2.26 | $0 |
Susan Strehlow Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $1,325,130 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,737,878 |
| Noncash contributions included in lines 1a–1f | $5,288 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,063,008 |
| Total Program Service Revenue | $0 |
| Investment income | $45,262 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $4,657 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,112,927 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $2,632,436 |
| Grants and other assistance to domestic individuals. | $25,000 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $122,343 |
| Compensation of current officers, directors, key employees. | $43,557 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $158,572 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $12,233 |
| Payroll taxes | $12,470 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $9,211 |
| Fees for services: Accounting | $31,564 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $19,027 |
| Fees for services: Other | $264,773 |
| Advertising and promotion | $6,040 |
| Office expenses | $4,111 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $18,933 |
| Travel | $5,856 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $83,661 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $6,141 |
| All other expenses | $25,975 |
| Total functional expenses | $3,733,559 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $257,860 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $33,861 |
| 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 | $8,529 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $1,433,873 |
| Investments—other securities | $0 |
| Investments—program-related | $455,181 |
| Intangible assets | $0 |
| Other assets | $49,416 |
| Total assets | $2,238,720 |
| Accounts payable and accrued expenses | $98,418 |
| Grants payable | $1,515,975 |
| 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 | $1,614,393 |
| Net assets without donor restrictions | $309,330 |
| Net assets with donor restrictions | $314,997 |
| 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 | $2,238,720 |
Grants Awarded
Over the last fiscal year, Bay Area Lyme Foundation has awarded $2,821,956 in support to 10 organizations.
| Grant Recipient | Amount |
|---|---|
TULANE NATIONAL PRIMATE RESEARCH CENTER PURPOSE: DIAGNOSTICS | $130,000 |
BRANDEIS UNIVERSITY PURPOSE: THERAPIES | $171,713 |
TEXAS A&M UNIVERSITY PURPOSE: DIAGNOSTICS | $138,476 |
UNIVERSTIY OF CALIFORNIA - SAN FRANCISCO PURPOSE: THERAPIES | $1,047,721 |
UNIVERSITY OF CALIFORNIA - DAVIS PURPOSE: THERAPIES | $68,170 |
DUKE UNIVERSITY PURPOSE: THERAPIES AND DIAGNOSTICS | $725,876 |