Lifenet Foundation logo

Lifenet Foundation

Public charity · Grantmaker Virginia Beach, VA EIN: 54-2015370 Website

Lifenet Foundation at a glance

In short: Lifenet Foundation gave $55K across 2 grants in 2024 (avg $28K), mostly in Virginia. Source: 2024 IRS Form 990.

Annual giving (2024)
$55,163
+38.7% vs 2023
Grants made (2024)
2
-33.3% vs 2023
Average grant
$27,582
+108.0% vs 2023
Median grant
$27,582
Total assets
$2,648,840
+31.2% vs 2023
Primary geography
Virginia (82% of itemized 2024 grant dollars)
Latest 990 filing
Form 990, 2024 View filing

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

Who Lifenet Foundation funds

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2024

Lifenet Health: $45KLifenet Health$45KLifenet Health Northwest: $10KLifenet Health Northwest$10K

The largest 2024 recipient was Lifenet Health ($45K). Together the top 2 received $55K.

Grant Size Distribution

17 grants across all recorded years

16<$50K1$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 16 grants of 17 (94%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

4states

Share of 2024 grant dollars across all 2 itemized grants.

Cities

Virginia BeachRentonRichmondAtlantaCharlestonLynchburgMechanicsvilleNorfolkWoodstock

How Lifenet Foundation gives

  • Giving held roughly steady from 2021 to 2024 (−13%). Method

From the foundation's IRS Form 990 filings. Methodology.

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$50K$100K$150K$200K5 grants2019 5 grants2020 3 grants2021 4 grants2022 3 grants2023 2 grants2024

From 2019 to 2024, annual grant giving ranged from $40K (2023) to $156K (2019). In 2024 it made 2 grants totaling $55K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Lifenet Health Virginia Beach, VADonor Family Services$45,163
Lifenet Health Northwest Renton, WADonor Family Services$10,000
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsNet Investment Income
2024$2,648,840$374,374$103,824$55,1632$66,914
2023$2,019,354$199,934$103,179$39,7833$16,726
2022$1,924,814$293,196$136,293$86,2804$169
2021$1,766,197$178,018$120,773$63,4053$173
2020$1,764,992$109,022$90,358$68,0005$2,219
2019$1,962,994$304,417$212,475$156,4875$4,320

About Lifenet Foundation

Based on IRS filings

Lifenet Foundation is a public charity focused on Human Services, based in Virginia Beach, VA. IRS filing data is available from 2019 through 2024. As of 2024, the organization holds $2.6M in total assets. In 2024, it awarded 2 grants totaling $55K. Net investment income was $67K.

Focus Areas

Leadership & Key People

Officers and directors from IRS filings

Lifenet Foundation is led by Doug Wilson, Chair since 2020 (on filings since 2019); none of the 4 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • Doug Wilson

    Chair

    Vice Chair → Chair, 2020

    On filings since 2019

    1 hr/week

    No compensation reported

  • Gordon Berkstresser

    Secretary

    Board Member & CFO → Secretary, 2021

    On filings since 2019

    1 hr/week

    No compensation reported

  • Rony Thomas

    Board Member

    Board Member → President & Director, 2022

    President & Director → Board Member, 2023

    On filings since 2019

    1 hr/week

    No compensation reported

  • J. Philip Jones

    Treasurer & CFO

    Treasurer → Treasurer & CFO, 2023

    On filings since 2022

    1 hr/week

    No compensation reported

Former officers (3)
  • Former: Ann Lange (2019–2023) — Board Member
  • Former: Darrell Jessee (2020–2023) — Board Member
  • Former: Craig Vick (2019) — Chair

Data from IRS Form 990 filings, 2019–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Frequently asked questions about Lifenet Foundation

How much does Lifenet Foundation give each year?

Lifenet Foundation gave $55K across 2 grants in 2024, according to its 2024 IRS Form 990. In 2023 it gave $40K across 3 grants.

How large is Lifenet Foundation?

Lifenet Foundation reported $2.6M in total assets on its 2024 IRS Form 990. Its revenue that year was $374K.

What is Lifenet Foundation?

Lifenet Foundation is a public charity focused on Human Services, based in Virginia Beach, VA. It holds $2.6M in total assets as of 2024.

Where does Lifenet Foundation operate?

Lifenet Foundation has awarded grants in Georgia, South Carolina, Virginia, Washington.

What is Lifenet Foundation's EIN?

Lifenet Foundation's EIN (Employer Identification Number) is 54-2015370. IRS Form 990 filing data is available on this page for 2019–2024.

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

Data update history

(7)

When this profile's IRS filing data changed on Grantable

  1. Added Form 990 for fiscal year 2019 (received by the IRS November 13, 2020)
  2. Updated Form 990 for fiscal year 2020 (received by the IRS November 15, 2021)
  3. Updated Form 990 for fiscal year 2021 (received by the IRS October 5, 2022)
  4. Updated Form 990 for fiscal year 2022 (received by the IRS November 9, 2023)
  5. Updated Form 990 for fiscal year 2023 (received by the IRS November 6, 2024)
  6. Updated Form 990 for fiscal year 2024 (received by the IRS November 10, 2025)
  7. IRS filings on file for fiscal years 2020–2024

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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from Lifenet Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.

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