Livermore Lab Foundation
- Assets
- $2.6m
- Revenue
- $3.1m
- Investments
- $0.0
- Employees
- 3
- Location
- Livermore, CA
- Founding
- 09/2016
- Data as of
- 12/2023
- EIN
- 81-2567763
Organization Overview
Livermore Lab Foundation is located in Livermore, CA. The organization was established in 2016. 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, Livermore Lab Foundation employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Livermore 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 12/2023, Livermore Lab Foundation generated $3.1m in total revenue. All expenses for the organization totaled $2.0m during the year ending 12/2023. While expenses have increased by 91.1% 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 2019, Livermore Lab Foundation has awarded 21 individual grants totaling $3,930,572. 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
ADVANCING SCIENCE AND INSPIRING THE NEXT GENERATION OF SCIENCE AND TECHNOLOGY LEADERS
Describe the Organization's Program Activity:
Part 3 - Line 4a
UC CLIMATE ACTIONAS PART OF A TWO-YEAR STATEWIDE INITIATIVE, UC AWARDED FUNDS TO LLF TO CONDUCT CLIMATE ACTION INNOVATION AND ENTREPRENEURSHIP ACTIVITIES IN PARTNERSHIP WITH LAWRENCE LIVERMORE NATIONAL LAB (LLNL). LLF IS SUPPORTING A COHORT OF STUDENTS TO WORK WITH LAB MENTORS ON CLIMATE TECH-RELATED RESEARCH; CONDUCTING INDUSTRY RESEARCH ON WORKFORCE DEVELOPMENT CONSIDERATIONS TO SUPPORT THE FUTURE CARBON ECONOMY; AND ENGAGING WITH COMMUNITY ORGANIZATIONS TO EXPLORE POTENTIAL BENEFITS AND RISKS ASSOCIATED WITH SCALING UP CLIMATE TECHNOLOGIES.
ROADS TO REMOVALIN 2023, LLNL RELEASED THE ROADS TO REMOVAL REPORT A COLLABORATIVE, NATIONAL EFFORT BY MORE THAN 68 SCIENTISTS AND 13 INSTITUTIONS EXAMINING REGIONAL OPPORTUNITIES IN CARBON DIOXIDE REMOVAL. WITH SUPPORT FROM BREAKTHROUGH ENERGY, CLIMATEWORKS FOUNDATION AND THE GRANTHAM FOUNDATION FOR THE PROTECTION OF THE ENVIRONMENT, LLF IS LEADING THE NATIONAL PUBLIC ROLLOUT OF THIS REPORT WITH A WEBSITE, VIDEOS, AND REGIONAL CONVENINGS AND SPEAKING ENGAGEMENTS ACROSS THE UNITED STATES.
THROUGH ACADEMIC, COMMUNITY, AND PROFESSIONAL PARTNERSHIPS, LLF OFFERS FELLOWSHIP AND INTERNSHIP OPPORTUNITIES FOR UNDERGRADUATE THROUGH POST-DOCTORAL SCHOLARS AT LAWRENCE LIVERMORE NATIONAL LAB. LLF PROVIDES DIRECT STUDENT FUNDING, ALLOWING MORE TIME FOR RESEARCH, STUDIES, AND ULTIMATE SUCCESS IN SCIENTIFIC CAREERS, AND SUPPORTS INTERNS WITH ASSIGNED LAB MENTORS AND ACCESS TO LLNL FACILITIES AND RESOURCES. IN ADDITION, LLF LEVERAGES LLNL'S UNIQUE SUPERCOMPUTING, BIOENGINEERING, AND BIOSCIENCES CORE COMPETENCIES TO ACCELERATE COLLECTIVE EFFORTS TO DIAGNOSE, UNDERSTAND, AND TREAT NEURODEGENERATIVE DISEASES LIKE AMYOTROPHIC LATERAL SCLEROSIS (ALS), ALZHEIMER'S, MULTIPLE SCLEROSIS, AND PARKINSON'S.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dona Crawford Board Chair | OfficerTrustee | 10 | $0 |
Greg Suski Secretary | OfficerTrustee | 2 | $0 |
Catharine Baker Director | Trustee | 2 | $0 |
Michael Carter Director | Trustee | 2 | $0 |
Brett Henrikson Director | Trustee | 2 | $0 |
Anantha Krishnan Director | Trustee | 2 | $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 | $3,093,989 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,093,989 |
| Total Program Service Revenue | $0 |
| Investment income | $2,027 |
| 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 | $3,096,016 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,350,023 |
| Grants and other assistance to domestic individuals. | $156,720 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $153,642 |
| Compensation of current officers, directors, key employees. | $54,408 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $22,288 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $19,972 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $7,299 |
| Office expenses | $0 |
| Information technology | $4,242 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $7,338 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $37,762 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $3,915 |
| All other expenses | $0 |
| Total functional expenses | $1,986,768 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,245,163 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $228,290 |
| 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 | $143,619 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,617,072 |
| Accounts payable and accrued expenses | $37,943 |
| 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 | $0 |
| Total liabilities | $37,943 |
| Net assets without donor restrictions | $791,179 |
| Net assets with donor restrictions | $1,787,950 |
| 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 | $2,617,072 |
Grants Awarded
Over the last fiscal year, Livermore Lab Foundation has awarded $1,350,023 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
LAWRENCE LIVERMORE NATIONAL LABORATORY PURPOSE: CLIMATE GENERAL, ALS, ROADS TO REMOVAL | $855,892 |
CLIMATE NOW PURPOSE: ROADS TO REMOVAL, CLIMATE GENERAL | $464,131 |
SAN JOAQUIN COUNTY OFFICE OF EDUCATION PURPOSE: SCIENCE OUTREACH (REFINE CARBON EDUCATOR TOOLKIT, DEVELOP AND CONDUCT ONLINE TRAINING FOR TEACHERS AND MENTORS IN THE 2ND PHASE OF THIS PROGRAM) | $20,000 |
UNIVERSITY OF CALIFORNIA MERCED PURPOSE: DATA SCIENCE FELLOW | $10,000 |