Bay Area Lyme Major Gift Fund
- Assets
- $4.1m
- Revenue
- $2.0m
- Investments
- $0.0
- Employees
- 1
- Location
- Portola Valley, CA
- Founding
- 08/2014
- Data as of
- 12/2023
- EIN
- 46-3312992
Organization Overview
Bay Area Lyme Major Gift Fund is located in Portola Valley, CA. The organization was established in 2014. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bay Area Lyme Major Gift Fund 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, Bay Area Lyme Major Gift Fund generated $2.0m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (8.2%) each year. All expenses for the organization totaled $2.0m during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Bay Area Lyme Major Gift Fund has awarded 26 individual grants totaling $10,552,884. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE SUPPORT TO THOSE CHARITABLE ORGS WHOSE PURPOSE AND ACTIVITIES INCLUDE THE PREVENTION, CARE, TREATMENT AND AWARENESS OF LYME DISEASE AND/OR OTHER TICK-BORNE DISEASES
Describe the Organization's Program Activity:
Part 3 - Line 4a
GRANTS ARE MADE IN SUPPORT OF BAY AREA LYME FOUNDATION AS WELL AS TO OTHER NONPROFIT ORGANIZATIONS FOCUSED ON THE PREVENTION OF AND FINDING A CURE FOR LYME DISEASE; PROMOTES AN INCREASED PUBLIC AWARENESS OF SYMPTOMS, TREATMENTS, AND CARE OF INDIVIDUALS WITH LYME DISEASE; AND INCREASES THE ACCESSIBILITY OF CARE AND TREATMENTS FOR THOSE AFFECTED WITH LYME DISEASE. IN 2023 GRANTS IN THE AMOUNT OF $690,000 WERE MADE TO SUPPORT THE OPERATIONS OF LYME DISEASE BIOBANK FOUNDATION, WHOSE FOCUS IS TO ENSURE THAT SCIENTISTS HAVE A COLLECTION OF HUMAN BIOLOGICAL SAMPLES NEEDED TO FACILITATE THE RESEARCH IN THE FIELD OF LYME DISEASE AND OTHER TICK-BORNE INFECTIONS. IN ADDITION, GRANTS OF $462,134 REPRESENT SUPPORT OF THE GRANT AND PREVENTION/AWARENESS PROGRAMS AND GENERAL OPERATIONS OF BAY AREA LYME FOUNDATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Linda Giampa Executive Director | Officer | 17.61 | $0 |
Laure Woods President, Board Of Director | OfficerTrustee | 1 | $0 |
Stephen Dunne Treasurer, Director | OfficerTrustee | 0.1 | $0 |
Susan Strehlow Secretary, Director | OfficerTrustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Loring Piper Design Consulting | 12/30/23 | $120,000 |
B2dc Llc Consulting & Grant | 12/30/23 | $192,000 |
Jay Siegen Presents Consulting | 12/30/23 | $105,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $92,426 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,357,880 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,450,306 |
| Total Program Service Revenue | $0 |
| Investment income | $68,826 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $3,844 |
| Net Income from Fundraising Events | -$542,572 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,980,404 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,152,134 |
| 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. | $110,420 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $96,393 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $974 |
| Payroll taxes | $13,635 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $11,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $7,038 |
| Fees for services: Other | $507,950 |
| Advertising and promotion | $6,236 |
| Office expenses | $5,190 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $21,621 |
| Travel | $15,187 |
| 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 | $162 |
| All other expenses | $0 |
| Total functional expenses | $1,963,554 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $11,429 |
| Savings and temporary cash investments | $3,502,071 |
| Pledges and grants receivable | $100,000 |
| 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 | $461,429 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $4,074,929 |
| Accounts payable and accrued expenses | $42,545 |
| Grants payable | $25,000 |
| 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 | $40,410 |
| Total liabilities | $107,955 |
| Net assets without donor restrictions | $2,203,431 |
| Net assets with donor restrictions | $1,763,543 |
| 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 | $4,074,929 |
Grants Awarded
Over the last fiscal year, Bay Area Lyme Major Gift Fund has awarded $1,152,134 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
LYME DISEASE BIOBANK FOUNDATION PURPOSE: GENERAL OPERATING SUPPORT | $462,134 |
BAY AREA LYME FOUNDATION PURPOSE: GENERAL OPERATING SUPPORT | $690,000 |