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Life Raft Group Inc

Public charity · Grantmaker Wayne, NJ EIN: 82-0547746 Website

Enhancing survival and quality of life for people living with gist and other rare cancers through patient-powered research, education, empowerment and global advocacy efforts.

Key facts about Life Raft Group Inc

In short: Life Raft Group Inc gave $25K across 1 grant in 2024 (avg $25K), mostly in Michigan. Source: 2024 IRS Form 990.

EIN
82-0547746
Latest 990 filing
Form 990, 2024
Annual giving (2024)
$25,000
Grants made (2024)
1
Average grant
$25,000
Median grant
$25,000
Total assets
$3,761,480
Primary geography
Michigan (100% of itemized 2024 grant dollars)

Data from IRS Form 990, 2024; updated September 2026.

Financial Overview

From 2024 IRS Form 990 · View filing

Total Assets

$3.8M

+16.0% YoY

Annual Giving

$25K

+25.0% YoY

Grant Count

1

+0.0% YoY

Avg Grant Size

$25K

+25.0% YoY

About Life Raft Group Inc

Based on IRS filings

Life Raft Group Inc is a public charity focused on Diseases, Disorders & Medical Disciplines, based in Wayne, NJ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $3.8M in total assets. In 2024, it awarded 1 grant totaling $25K. Net investment income was $167K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

2states

Share of the 2024 grant dollars on its one itemized grant.

Cities

Ann ArborLa Jolla

Giving Over Time

Total grant dollars and number of grants per year

$0$10K$20K$30K0 grants2020 0 grants2021 1 grant2022 1 grant2023 1 grant2024

From 2022 to 2024, annual grant giving ranged from $20K (2023) to $25K (2024). In 2024 it made 1 grant totaling $25K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top recipient in 2024

Sarcoma Alliance for Research Through Collaboration (Sarc): $25KSarcoma Alliance for ResearchThrough Collaboration (Sarc)$25K

The largest 2024 recipient was Sarcoma Alliance for Research Through Collaboration (Sarc) ($25K).

Grant Size Distribution

3 grants across all recorded years

3<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 3 grants of 3 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Sarcoma Alliance for Research Through Collaboration (Sarc) Ann Arbor, MIResearch Grant$25,000

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Net Investment Income
$0$1M$2M$3M2020 2021 2022 2023 2024
Metric202420232022
Total Assets$3,761,480$3,244,046$2,905,317
Revenue$2,179,789$1,861,966$1,396,538
Expenses$1,770,153$1,712,287$1,918,096
Net Investment Income$166,851$136,128$41,019

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990 for fiscal year 2022 (received by the IRS November 15, 2023)
  2. Updated Form 990 for fiscal year 2023 (received by the IRS November 14, 2024)
  3. Updated Form 990 for fiscal year 2024 (received by the IRS November 17, 2025)
  4. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Officers and directors from IRS filings

Life Raft Group Inc is led by Sara Rothschild, Executive Director on every filing since 2022; 3 of 15 officers listed in 2024 are compensated.

Officers on the 2024 filing

  • Sara Rothschild

    Executive Director

    On filings since 2022

    40 hrs/week

    $130K (2022) → $145K (2024)

  • Gary Glasser

    President

    Secretary & Treasurer → President, 2023

    On filings since 2020

    1 hr/week

    No compensation reported

  • Jim Hughes

    Trustee

    On filings since 2020

    1 hr/week

    No compensation reported

  • Stan Bunn

    Trustee

    Past President → Trustee, 2023

    On filings since 2020

    1 hr/week

    No compensation reported

  • Steve Pontell

    Trustee

    On filings since 2020

    1 hr/week

    No compensation reported

  • Teena Petersohn

    Trustee

    On filings since 2020

    1 hr/week

    No compensation reported

  • Kay Stolzer

    Trustee

    On filings since 2021

    1 hr/week

    No compensation reported

  • Monica Anderson

    Trustee

    On filings since 2021

    1 hr/week

    No compensation reported

  • Bill Borwegen

    Trustee

    On filings since 2022

    1 hr/week

    No compensation reported

  • Patricia Bonda-Swenson

    Trustee

    On filings since 2022

    1 hr/week

    No compensation reported

  • John Abrams

    Trustee

    On filings since 2023

    1 hr/week

    No compensation reported

  • Christa Pereira

    Trustee

    New on the 2024 filing

    1 hr/week

    No compensation reported

  • Laura Occhiuzzi

    Deputy Executive Director

    Vice President - Executive Director → Vice President, 2022

    Vice President → Deputy Executive Director, 2024

    On filings since 2021

    35 hrs/week

    $100K (2021) → $132K (2024)

  • Robin Elia

    Controller

    On filings since 2023

    30 hrs/week

    $59K (2023) → $74K (2024)

  • Santy Disabatino

    Board Member & Treasurer

    Trustee → Board Member & Treasurer, 2023

    On filings since 2022

    1 hr/week

    No compensation reported

Former officers (5)
  • Former: Jerry Cudzil (2020–2023) — Trustee
  • Former: Rodrigo Salas (2020–2023) — Trustee
  • Former: Eric Biegansky (2020–2022) — Trustee
  • Former: John Poss (2020–2022) — Trustee
  • Former: Norman J. Scherzer (2020–2022) — Consulting Executive Director

Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2024 IRS filing

Sara Rothschild — Executive Director: $145KSara RothschildExecutive Director$145KLaura Occhiuzzi — Deputy Executive Director: $132KLaura OcchiuzziDeputy Executive Director$132KRobin Elia — Controller: $74KRobin EliaController$74K

The highest reported compensation on the 2024 filing was $145K, to Sara Rothschild (Executive Director). 3 officers or directors reported compensation on that filing.

Frequently asked questions about Life Raft Group Inc

How much does Life Raft Group Inc give each year?

Life Raft Group Inc gave $25K across 1 grant in 2024, according to its 2024 IRS Form 990. In 2023 it gave $20K across 1 grant.

How large is Life Raft Group Inc?

Life Raft Group Inc reported $3.8M in total assets on its 2024 IRS Form 990. Its revenue that year was $2.2M.

What is Life Raft Group Inc?

Life Raft Group Inc is a public charity focused on Diseases, Disorders & Medical Disciplines, based in Wayne, NJ. It holds $3.8M in total assets as of 2024.

Where does Life Raft Group Inc operate?

Life Raft Group Inc has awarded grants in California, Michigan.

What is Life Raft Group Inc's EIN?

Life Raft Group Inc's EIN (Employer Identification Number) is 82-0547746. IRS Form 990 filing data is available on this page for 2020–2024.

Data last updated September 2026. Sourced from IRS Form 990 filings.

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