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The Lam Foundation

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 311438001 ✦ Cincinnati, OH ✦ Designated as a 501(c)(3)

Overview

What is The Lam Foundation?

The Lam Foundation, based in Cincinnati, Ohio, serves as a dedicated nonprofit organization. Its primary mission revolves around addressing Lymphangioleiomyomatosis (LAM), a rare and often life-threatening lung disease. In 2022, the foundation granted $410,000 to support five innovative research projects aimed at finding better treatments and, ultimately, a cure for LAM. The organization also hosts events like the International LAM Research Conference, where leading scientists, researchers, and clinicians share their latest advancements in LAM science. The LAM Foundation Early Career Network (TEN) is another initiative, providing a platform for young investigators to collaborate and discuss their LAM research and career goals. This network fosters a sense of community and encourages the next generation of LAM researchers.


Official website here: www.thelamfoundation.org

Is The Lam Foundation legitimate?

The Lam Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Lam Foundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $208,958
Professional Fundraising Fees: $0
Other Salaries and Wages: $394,119

For more financial information, click here


Official website here: www.thelamfoundation.org

What is the mission statement of The Lam Foundation?

The Lam Foundation is committed to finding safe and effective treatments and, ultimately, a cure for LAM. This non-profit organization actively funds research in this area, as demonstrated by the $410,000 awarded for five new projects in 2022. The International LAM Research Conference, hosted by the organization, showcases the latest advancements in LAM science, attracting over 100 prominent scientists, researchers, and clinicians. The LAM Foundation also encourages young investigators through the establishment of the Early Career Network (TEN), providing a platform for them to discuss their LAM research and career goals.


Official website here: www.thelamfoundation.org

Who is the CEO of The Lam Foundation?

Susan Sherman is the Ceo of The Lam Foundation. The CEO's salary of The Lam Foundation is $202,970 and their total compensation is $208,958.


Official website here: www.thelamfoundation.org

What is the revenue of The Lam Foundation?

The Lam Foundation's revenue in 2022 was $1,571,673.


Official website here: www.thelamfoundation.org

Who are the executives of The Lam Foundation and what are their salaries?

The average compensation at The Lam Foundation during 2022 was $86,154. There are 7 employees and 100 volunteers at The Lam Foundation.

Here are 15 key members and their salaries (The Lam Foundation's CEO's salary is $202,970 and their total compensation is $208,958):

    Susan Sherman (Ceo)
  • Compensation: $202,970
  • Related: $0
  • Other: $5,988

    • Vera Krymskaya Phd (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Andrew Romanosky (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Nishant Gupta Md (Scientific Dir) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dan Dilling Md (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Pat Venters (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Stephanie Nemser-Dreyer (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Chuck Wehland (Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dr Lyndsay Hoy (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Eden Pontz (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Andrea Slattery (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Lisa Henske Md (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jilly Evans Phd (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Chuck Young (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Patti Bebien-Aronoff (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.thelamfoundation.org

    Where can I find the form 990 for The Lam Foundation?

    The The Lam Foundation’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.thelamfoundation.org

    Learn more at the official website: www.thelamfoundation.org

    Mission Statement of The Lam Foundation

    The Lam Foundation, a dedicated organization, is committed to an urgent mission: to discover safe and effective treatments and ultimately find a cure for LAM. This rare and life-threatening lung disease affects women primarily, making the foundation's work of paramount importance. The organization funds research projects, investing $410,000 in five new projects in 2022 alone. Their efforts extend beyond financial support, as they also provide a platform for young investigators to discuss their LAM research and career goals through the LAM Foundation Early Career Network (TEN). This independent platform fosters collaboration and knowledge exchange, accelerating the pursuit of a cure for LAM. The foundation's commitment to research is further demonstrated by hosting the International LAM Research Conference, showcasing the latest innovations in LAM science and providing a forum for leading-edge scientists, early career researchers, and clinicians. Overall, The Lam Foundation is relentless in its pursuit of a cure for LAM, investing in research, supporting young investigators, and fostering a collaborative environment in the scientific community.

    Impact

    This information is meant to be a general summary of The Lam Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    The Lam Foundation's impact includes funding new research projects, supporting scientific innovation in LAM science, and cultivating a network for young investigators in the field. This organization is dedicated to seeking safe and effective treatments while working towards a cure for LAM.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $5,832
  • Program Service Revenue: $156,627
  • Gross Receipts: $1,571,673

    • Assets and Liabilities:
  • Total Assets: $2,903,030
  • Total Liabilities: $306,334
  • Net Assets: $2,596,696
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    Conference Registration

    Revenue

    $156,627

    Organization Details

    Founding Year

    1995

    Principal Officer

    Susan Sherman

    Main Address

    4520 Cooper Road 300, Cincinnati, OH, 45242

    NTEE Category

    Code: T30 - Philanthropy

    If you are a representative of The Lam Foundation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.