Foundation for a Better Life Corp
Foundation for a Better Life Corp is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MELVILLE, NY. IRS filing data is available from 2022 through 2024. As of 2024, the organization holds $213K in total assets. In 2024, it awarded 1 grants totaling $10K. Net investment income was $7K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$213K
-1.2% YoY
Annual Giving
$10K
-5.0% YoY
Grant Count
1
-66.7% YoY
Avg Grant Size
$10K
+185.0% YoY
Under IRS private-foundation payout rules, Foundation for a Better Life Corp reported a distributable amount of $14K for 2024 — the minimum it must pay out in qualifying distributions.
About Foundation for a Better Life Corp
Based on IRS filings
Foundation for a Better Life Corp is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MELVILLE, NY. IRS filing data is available from 2022 through 2024. As of 2024, the organization holds $213K in total assets. In 2024, it awarded 1 grants totaling $10K. Net investment income was $7K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $212,972 | $215,631 | $10,000 |
| Revenue | $8,805 | $265,049 | $10,000 |
| Expenses | $11,462 | $18,360 | — |
| Qualifying Distributions | $9,500 | $12,901 | — |
| Net Investment Income | $6,847 | $276 | — |
| Distributable Amount | $14,444 | $4,972 | $31 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2024
Grant Size Distribution
4 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Cove Animal Rescue ($9,500).
| Recipient | Purpose | Amount |
|---|---|---|
| Cove Animal Rescue Glen Cove, NY | General support, unrestricted. | $9,500 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Anthony Ng | President | 1 | — |
| Savannah Hu | VICE PRESIDENT | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Foundation for a Better Life Corp?
Foundation for a Better Life Corp is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MELVILLE, NY. It holds $213K in total assets as of 2024.
How large is Foundation for a Better Life Corp?
As of 2024, Foundation for a Better Life Corp holds $213K in total assets with $9K in annual revenue. It awarded 1 grants totaling $10K in 2024.
Where does Foundation for a Better Life Corp operate?
Foundation for a Better Life Corp has awarded grants in New York, Virginia.
What size grants does Foundation for a Better Life Corp award?
In 2024, Foundation for a Better Life Corp awarded 1 grants totaling $10K — an average of about $10K per grant, based on its IRS Form 990 filings.
How much is Foundation for a Better Life Corp required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Foundation for a Better Life Corp reported a distributable amount of $14K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Foundation for a Better Life Corp's EIN?
Foundation for a Better Life Corp's EIN (Employer Identification Number) is 92-1298559. IRS Form 990 filing data is available on this page for 2022–2024.
Explore Open Grants
Browse active grant opportunities in Foundation for a Better Life Corp's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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