Berkeley Lab Foundation

Organization Overview

Berkeley Lab Foundation is located in Oakland, CA. The organization was established in 2013. According to its NTEE Classification (B19) the organization is classified as: Support N.E.C., under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Berkeley 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 06/2023, Berkeley Lab Foundation generated $5.2m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 9.5% each year. All expenses for the organization totaled $6.1m during the year ending 06/2023. While expenses have increased by 11.9% per year over the past 8 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

TO SUPPORT THE SCIENTIFIC AND EDUCATIONAL PURPOSES OF THE REGENTS OF THE UNIVERSITY OF CALIFORNIA (THE "UNIVERSITY"), IN ITS SPECIFIC CAPACITY AS MANAGER AND OPERATOR OF THE LAWRENCE BERKELEY NATIONAL LABORATORY AND TO CARRY ON OTHER CHARITABLE AND EDUCATIONAL ACTIVITIES ALLOWED BY LAW, AS DETERMINED BY THE BOARD OF DIRECTORS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE BERKELEY LAB FOUNDATION IS OPERATING TO SUPPORT THE ACTIVITIES OF THE UNIVERSITY OF CALIFORNIA, IN ITS SPECIFIC CAPACITY AS MANAGER AND OPERATOR OF THE LAWRENCE BERKELEY NATIONAL LABORATORY AND TO CARRY ON OTHER CHARITABLE AND EDUCATIONAL ACTIVITIES.


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Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$1,037,144
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$3,884,389
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$4,921,533
Total Program Service Revenue$0
Investment income $229,919
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 $5,151,452

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