Lifecare Foundation Inc
Lifecare Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MONMOUTH JUNCTION, NJ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $56.4M in total assets. In 2024, it awarded 8 grants totaling $2.1M. Net investment income was $1.9M.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$56.4M
+20.6% YoY
Annual Giving
$2.1M
+44.4% YoY
Grant Count
8
-11.1% YoY
Avg Grant Size
$262K
+62.5% YoY
About Lifecare Foundation Inc
Based on IRS filings
Lifecare Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MONMOUTH JUNCTION, NJ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $56.4M in total assets. In 2024, it awarded 8 grants totaling $2.1M. Net investment income was $1.9M.
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 | $56,372,205 | $46,756,402 | $37,214,645 |
| Revenue | $12,257,581 | $11,529,392 | $10,554,487 |
| Expenses | $2,650,778 | $1,987,635 | $2,203,279 |
| Qualifying Distributions | $2,095,681 | $1,451,624 | $1,623,967 |
| Net Investment Income | $1,912,315 | $1,195,259 | $204,437 |
| Distributable Amount | $2,713,560 | $2,180,574 | $1,537,114 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 8 recipients in 2024
Grant Size Distribution
44 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| JEMO KANG | DIRECTOR | 0.5 | — |
| MONICA KANG | DIRECTOR | 0.5 | — |
| WALTER KANG | DIRECTOR | 0.5 | — |
| ROGER KANG | DIRECTOR | 0.5 | — |
Subject Areas
Focus areas based on grantmaking activity
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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