NonprofitsLife Science Cares Inc

Medical Research

Life Science Cares Inc

CAMBRIDGE, MA

Total revenue

$12.5M

Total expenses

$11.1M

Net assets

$10.2M

Grants received

$10.3M

160 grants

EIN

812435939

Tax year

2024

Mission

Life science cares activates the financial and human capital of the life sciences industry and partners with nonprofits to disrupt the cycle of poverty and inequality in our communities. Lsc serves not only as a grant-making organization, but also a committed community engaging to help solve societal problems through a combination of volunteerism and thought partnership.

Financials

FY 2024

Revenue

Contributions & grants$12.5M
Program service revenue
Investment income$186K
Other revenue
Total revenue$12.5M

Expenses

Grants paid$5.4M
Salaries & benefits$4.3M
Fundraising$1.8M
Other expenses$1.4M
Total expenses$11.1M
Total assets$12.0M
Net assets$10.2M

People

24 listed

NameRoleCompensation

SARAH MACDONALD

CLERK & CEO, LSC NATIONAL

Board

$272K

40 hrs/wk

JEFF HESSEKIEL

DIRECTOR

Board

1 hrs/wk

NINA KJELLSON

DIRECTOR

Board

1 hrs/wk

TOM DANIEL

DIRECTOR

Board

1 hrs/wk

JEFF MARRAZZO

DIRECTOR (UNTIL 11/12/2024)

Board

1 hrs/wk

TRISHA MILLICAN

DIRECTOR (UNTIL 11/12/2024)

Board

1 hrs/wk

JENNIFER FOX

DIRECTOR (UNTIL 11/12/2024)

Board

1 hrs/wk

ROB PEREZ

CHAIR

Board

1 hrs/wk

SEEMA KUMAR

DIRECTOR

Board

1 hrs/wk

JIM REDDOCH

DIRECTOR

Board

1 hrs/wk

HEIDI ZOD

DIRECTOR

Board

1 hrs/wk

CARIN CANALE-THEAKSTON

DIRECTOR

Board

1 hrs/wk

DAVID MELVILLE

DIRECTOR

Board

1 hrs/wk

VIN MILANO

DIRECTOR

Board

1 hrs/wk

MIKE TOMSICEK

TREASURER

Board

1 hrs/wk

ABE CEESAY

DIRECTOR

Board

1 hrs/wk

ROBERT URBAN

DIRECTOR

Board

1 hrs/wk

CYNTHIA MAZAREAS

DIRECTOR

Board

1 hrs/wk

NOLAN TOWNSEND

DIRECTOR

Board

1 hrs/wk

AISHA BARO

EXECUTIVE DIRECTOR, BAY AREA

Staff

$269K

40 hrs/wk

YVONNE SPICER

EXEC. DIRECTOR, BOSTON (UNTIL 2024)

Staff

$209K

40 hrs/wk

LEANE MARCHESE

INTERIM EXEC. DIRECTOR, BOSTON

Staff

$206K

40 hrs/wk

MORGAN BERMAN

EXECUTIVE DIRECTOR, PHILLY

Staff

$206K

40 hrs/wk

ELIZABETH FASSBERG

EXECUTIVE DIRECTOR, NEW YORK

Staff

$184K

40 hrs/wk

Independent contractors

AAFCPAS INC

ACCOUNTING AND TAX

$280K

Grants received

Showing 160 of 160

FromAmountPurposeYear
$1M
MATCHING GRANT FOR FUNDS RAISED FOR PROJECT ONRAMP
2024
$88K
COMMUNITY & HUMAN SERVICES
2024
$50K
UNRESTRICTED GENERAL SUPPORT
2024
$45K
MEDICAL RESEARCH
2024
$41K
PROGRAM SUPPORT
2024
$35K
UNRESTRICTED GENERAL SUPPORT
2024
$35K
General & Unrestricted
2024
$25K
"General operating support". This organization activates the financial and human capital of the life sciences industry and partners with nonprofits to disrupt the cycle of poverty in our communities. The organization envisions all of their neighbors having access to basic needs, access to education, and access to opportunities.
2024
$25K
General & Unrestricted
2024
$17K
TO FURTHER THE ORGANIZATION'S EXEMPT PURPOSE
2024
$15K
General & Unrestricted
2024
$15K
UNRESTRICTED GENERAL SUPPORT
2024
$11K
COMMUNITY & HUMAN SERVICES
2024
$11K
FOR RECIPIENT'S EXEMPT PURPOSE
2024
$10K
FOOD INSECURITIES
2024
$8K
TO FURTHER RECIPIENT ORGANIZATION'S MISSION.
2024
$6K
TERMEER DISRUPTORS GRANT
2024
$5K
UNRESTRICTED GENERAL SUPPORT
2024
$5K
GENERAL
2024
$5K
UNRESTRICTED GENERAL SUPPORT
2024
$3K
Live Science Cares - Volunteer Event
2024
$2K
MATCHING GIFTS
2024
$500
GENERAL OPERATIONS
2024
$250
Donation to help activate the financial and human capital of the life sciences industry and partners to disrupt the cycle of poverty and inequality in our communities.
2024
$911K
2:1 MATCH FOR FUNDS RAISED IN 2023
2023
$892K
For grant recipient's exempt purposes
2023
$292K
PUBLIC, SOCIETAL BENEFIT
2023
$250K
General Support
2023
$156K
COMMUNITY & HUMAN SERVICES
2023
$138K
UNRESTRICTED GENERAL SUPPORT
2023
$103K
General Nonprofit Support
2023
$76K
MEDICAL RESEARCH
2023
$50K
UNRESTRICTED GENERAL SUPPORT
2023
$50K
UNRESTRICTED GENERAL SUPPORT
2023
$50K
EDUCATION
2023
$25K
2023 EQUITY IN EDUCA
2023
$25K
General & Unrestricted
2023
$25K
"General operating support". This organization activates the financial and human capital of the life sciences industry and partners with nonprofits to disrupt the cycle of poverty and inequality in our communities. The organization envisions all of their neighbors having access to basic needs, access to education, and access to opportunities. The grants are used for the general support of Bay Area programs.
2023
$25K
Charitable Event
2023
$22K
TO SUPPORT THE SAN DIEGO OFFICE
2023
$22K
FOR RECIPIENT'S EXEMPT PURPOSE
2023
$20K
FOOD INSECURITIES
2023
$18K
DONOR DESIGNATED FOR GENERAL SUPPORT
2023
$15K
General & Unrestricted
2023
$13K
CHARITABLE DONATION
2023
$11K
TERMEER SCHOLAR AWARD
2023
$10K
PHILANTHROPY/VOLUNTARISM/GRANTMAKING
2023
$10K
EXEMPT PURPOSE
2023
$5K
CHARITABLE
2023
$3K
ANNUAL CONTRIBUTION
2023
$250
ORGANIZATION SUPPORT
2023
$250
GENERAL PURPOSE
2023
$100
MATCHING GIFTS
2023
$100
EMPLOYEE GIVING PROGRAM
2023
$831K
For grant recipient's exempt purposes
2022
$500K
PROGRAM SUPPORT
2022
$121K
MEDICAL RESEARCH
2022
$100K
PUBLIC, SOCIETAL BENEFIT
2022
$81K
FOR RECIPIENT'S EXEMPT PURPOSE
2022
$50K
ELIMINATE THE IMPACT OF POVERTY ON OUR NEIGHBORS IN THE GREATER BOSTON AREA.
2022
$50K
UNRESTRICTED GENERAL SUPPORT
2022
$50K
UNRESTRICTED GENERAL SUPPORT
2022
$50K
EDUCATION
2022
$50K
To activate the financial and human capital of the life sciences industry and partner with nonprofits to disrupt the cycle of poverty and inequality in our communities.
2022
$35K
DONOR DESIGNATED FOR GENERAL SUPPORT
2022
$29K
General & Unrestricted
2022
$25K
Corporate Partnership with Life Science Cares San Diego
2022
$25K
GENERAL SUPPORT
2022
$25K
COMMUNITY & HUMAN SERVICES
2022
$25K
General Nonprofit Support
2022
$20K
GENERAL SUPPORT
2022
$20K
UNRESTRICTED GENERAL SUPPORT
2022
$15K
ADVISED - FOR THE TIMMERMAN TRAVERSE.
2022
$10K
PHILANTHROPY/VOLUNTARISM/GRANTMAKING
2022
$10K
GENERAL CHARITY
2022
$9K
GENERAL SUPPORT
2022
$5K
EMPLOYEE GIVING PROGRAM
2022
$5K
EMPLOYEE GIVING PROGRAM
2022
$5K
GENERAL OPERATING SUPPORT
2022
$2K
Diseases, Disorders, Disciplines
2022
$424K
For grant recipient's exempt purposes
2021
$424K
For grant recipient's exempt purposes
2021
$109K
PUBLIC, SOCIETAL BENEFIT
2021
$70K
A PAID SUMMER INTERNSHIP PROGRAM FOR UNDER-REPRESENTED STUDENTS
2021
$35K
DONOR DESIGNATED FOR GENERAL SUPPORT
2021
$20K
GENERAL SUPPORT
2021
$20K
EMPLOYEE GIVING PROGRAM
2021
$15K
DONOR ADVISED FUND
2021
$10K
General Operating Support
2021
$10K
GENERAL CHARITY
2021
$10K
GENERAL FUNDS
2021
$10K
PHILANTHROPY/VOLUNTARISM/GRANTMAKING
2021
$9K
For recipient's exempt purpose
2021
$500
FURTHER TAX EXEMPT PURPOSE
2021
$150
EMPLOYEE GIVING PROGRAM
2021
$375K
For grant recipient's exempt purposes
2020
$200K
ADVISED - TO BE USED FOR LIFE SCIENCE CARES BAY AREA
2020
$100K
ELIMINATE THE IMPACT OF POVERTY ON OUR NEIGHBORS IN THE GREATER BOSTON AREA.
2020
$50K
UNRESTRICTED GENERAL SUPPORT
2020
$25K
TO SUPPORT LSC COVID-19 RESPONSE FUND WHICH ADDRESSES BOTH THE NEAR TERM AND LONG-TERM NEEDS OF LSC'S NONPROFITS WORKING ON THE GROUND IN BOSTON TO SUPPORT THE HOMELESS, PEOPLE LIVING IN POVERTY, AND STUDENTS, WHO ARE BEING THE HARDEST HIT BY COVID-19
2020
$20K
DONOR DESIGNATION
2020
$17K
PUBLIC, SOCIETAL BENEFIT
2020
$15K
GENERAL SUPPORT
2020
$15K
COMMUNITY & HUMAN SERVICES
2020
$14K
FOR RECIPIENT'S EXEMPT PURPOSE
2020
$10K
GENERAL OPERATING PURPOSES
2020
$10K
GENERAL CHARITY
2020
$10K
PUBLIC/SOCIETY BENEFIT
2020
$5K
GRANT
2020
$3K
UNRESTRICTED GIFT
2020
$850
EMPLOYEE GIVING PROGRAM
2020
$200
GENERAL EXEMPT PURPOSE
2020
$142K
For grant recipient's exempt purposes
2019
$41K
PUBLIC, SOCIETAL BENEFIT
2019
$8K
GENERAL CHARITY
2019
$8K
Donor Advised Fd
2019
$6K
TO FURTHER THE ORGANIZATIONS EXEMPT PURPOSE
2019
$6K
COMMUNITY & HUMAN SERVICES
2019
$41K
For grant recipient's exempt purposes
2018
$6K
TO FURTHER THE ORGANIZATIONS EXEMPT PURPOSE
2018
$55K
PUBLIC, SOCIETAL BENEFIT
2017
$25K
FOR GRANT RECIPIENT'S EXEMPT PURPOSES
2017
$6K
Operating Support
2017

Funded by

$10.3M from 70 funders · 160 grants · 2017–2024

Fidelity Investments Charitable Gift Fund

$3.2M · 8 grants · 2017–2023

The Jaket Foundation

$1.9M · 2 grants · 2023–2024

National Philanthropic Trust

$613K · 6 grants · 2017–2023

Morgan Stanley Global Impact Funding Trust Inc

$518K · 12 grants · 2020–2024

Moderna Charitable Foundation Inc

$500K · 1 grant · 2022

Donor Advised Charitable Giving Inc

$384K · 5 grants · 2019–2023

American Endowment Foundation

$383K · 4 grants · 2020–2024

American Online Giving Foundation Inc

$373K · 6 grants · 2019–2024

Details

EIN812435939
NTEE codeH12
Subsection03
Ruling date2016-07
Formed2016
Employees42
Volunteers13
LIFE SCIENCE CARES INC — Mission, Financials & Grants Received | Grantivo