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The Larry L. Hillblom Foundation, Inc.

Profile

Last Updated: 2016-06-04

At A Glance

The Larry L. Hillblom Foundation, Inc.

755 Baywood Dr., Ste. 180

Petaluma, CA United States 94954-5509

URL: www.llhf.org

Type of Grantmaker

Independent foundation

Additional Descriptor

  • Celebrity: Business

Financial Data

(yr. ended 2014-12-31)

Assets: $136,854,061

Total giving: $2,529,481

EIN

943241600

BRIDGE Number

0217039392

Additional Contact Information

Additional address: 1458 Draper St., Kingsburg, CA 93631, tel.: (559) 897-7050, fax: (559) 897-7590, e-mail: kingsburg@llhf.org

Background

Established in 1996 in CA - Founded by the late Larry L. Hillblom, who was one of three founders of the international express mail service, DHL Worldwide Express

Purpose and Activities

Giving for research in Diabetes Mellitus and its complications including studies of normal glucose metabolism; and age-related chronic or degenerative disorders of the brain or vision including such studies of the healthy aging processes. Studies should target the prevention, diagnosis, treatment and/or cure of diseases described above. Proposals should employ genetic, molecular, cellular and/or metabolic approaches to one of two categories which are the areas of concern to the foundation .

Program Area(s)

The grantmaker has identified the following area(s) of interest:

Fellowship Grants

The fellowship grant is intended to enable qualified institutions to provide post-doctoral research fellowship training to qualified applicants in the areas of diabetes mellitus or chronic and degenerative diseases associated with aging. The applicant qualified institution will establish a selection process and select a qualified post-doctoral student. The proposal from the qualified institution should demonstrate that the selected fellow possesses the professional attributes set forth by the foundation. The fellowship applicant requires the full support of both the host institution and the proposed mentor. The fellowship grant will be made directly to and administered by the qualified institution, which will be responsible for the expenditure of grant funds. Annual renewal of a fellowship grant will be subject to the foundation's approval. Preference will be given to applicants who have not undertaken a fellowship in the past. The fellow will be required to submit a written annual report to the host institution and the foundation and attend the Annual Hillblom Scientific Meeting to give a presentation on the findings of their research to date. The annual renewal of any fellowship grant for the three years will be contingent upon a satisfactory presentation at this forum. Maximum funding is $60,000 per year .

Network Grants

The purpose of the network grant is to facilitate interaction between a network of researchers. It is anticipated that these investigators will be independently funded and have demonstrated productivity in their own field. While it is anticipated that the principal investigator of the network will have a strong background in an area of interest of the Hillblom Foundation, the network might be strengthened by inclusion of investigators with expertise that can enhance the overall focus of the group on the disease process of interest. The network grant shall be made directly to and administered by the qualified institution, which shall be responsible for the expenditure of grant funds, appointment of researchers and the overall network grant project. An established researcher in the field of interest must lead the proposed network. The proposed network grant must be focused on the benefits that the network will bring to the overall research effort that cannot be accomplished by conventional funds, identify research objectives and/or milestones and a time line for achievement of same. If appropriate, indicate whether recognition of the network grant will include naming in honor of the Donor, Larry L. Hillblom or the Larry L. Hillblom Foundation. The principal investigator(s) will be required to submit a written annual report to the host institution and the foundation. Additionally, the principal investigator(s) will be required to attend the Annual Hillblom Scientific Meeting to give a presentation on the findings of their research to date. The annual renewal of any network grant for the four-year time period will be contingent upon a satisfactory annual report and presentation at this forum. The network grant can seek support in the following categories: 1) Personnel costs, which are restricted to those named and justified in the budget; 2) Cross-training of network personnel; 3) Operation of the research project, including project administration; 4) Purchase of supplies and equipment for the conduct of the proposed research, both items must be itemized and justified in the budget; and 5) Travel expenses, which shall include attendance at the Annual Hillblom Foundation Scientific Meeting. Maximum funding is $100,000 to $500,000 per year. Afterwards, the award is only renewable by new competitive application. Anticipated start date is Jan. 7, 2007 .

Start-Up Grants

The foundation offers grants to qualified institutions to enable them to select and assist qualified researchers to initiate independent research careers. The applicant qualified institution will establish a selection process, select a researcher qualified to receive a start-up grant, and provide a faculty appointment to the applicant. The proposal from the qualified institution should demonstrate that the selected researcher possesses the professional attributes set forth below. The start-up grant will be made directly to and administered by the qualified institution, which will be responsible for the expenditure of grant funds. Annual renewal of a start-up grant will be subject to the foundation's approval for a maximum duration of up to three years. The host institution will provide a faculty appointment (ordinarily at the Assistant Professor level) to the applicant. The applicant will be provided with an office, administrative support, research space and required core facilities to support the proposed work. The university is required to provide a minimum of $30,000 direct costs to match the $70,000 annual grant by the foundation so that a total of $100,000 direct costs per year will be made available to the investigator. The institution will limit teaching and/or clinical practice requirements to no more than one half-day per week. The institution salary contribution will be made independent of clinical practice revenue .

Fields of Interest

Subjects
  • Brain and nervous system disorders
  • Diabetes
  • Diseases and conditions
  • Education
  • Eye diseases
  • Geriatrics
  • Higher education
  • University education
Population Groups
  • Academics
  • Children and youth
  • Economically disadvantaged people
  • Low-income and poor people
  • Students

Financial Data

Year ended 2014-12-31

Assets: $136,854,061 (market value)

Expenditures: $11,501,913

Total giving: $2,529,481

Qualifying distributions: $3,358,248