SEE SCHEDULE O.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$2.6M
+31.2% YoY
Annual Giving
$55K
+38.7% YoY
Grant Count
2
-33.3% YoY
Avg Grant Size
$28K
+108.0% YoY
About Lifenet Foundation
Based on IRS filings
Lifenet Foundation is a nonprofit organization focused on Human Services, based in VIRGINIA BEACH, VA. IRS filing data is available from 2020 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
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $2,648,840 | $2,019,354 | $1,924,814 |
| Revenue | $374,374 | $199,934 | $293,196 |
| Expenses | $103,824 | $103,179 | $136,293 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $66,914 | $16,726 | $169 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2024
Grant Size Distribution
17 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Lifenet Health ($45,163), Lifenet Health Northwest ($10,000).
| Recipient | Purpose | Amount |
|---|---|---|
| LIFENET HEALTH VIRGINIA BEACH, VA | DONOR FAMILY SERVICES | $45,163 |
| LIFENET HEALTH NORTHWEST RENTON, WA | DONOR FAMILY SERVICES | $10,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| MR DOUG WILSON | CHAIR | 1 | — |
| MR RONY THOMAS | BOARD MEMBER | 1 | — |
| MR J PHILIP JONES | TREASURER/CFO | 1 | — |
| MR GORDON BERKSTRESSER | SECRETARY | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Lifenet Foundation?
Lifenet Foundation is a nonprofit organization focused on Human Services, based in VIRGINIA BEACH, VA. It holds $2.6M in total assets as of 2024.
How large is Lifenet Foundation?
As of 2024, Lifenet Foundation holds $2.6M in total assets with $374K in annual revenue. It awarded 2 grants totaling $55K in 2024.
Where does Lifenet Foundation operate?
Lifenet Foundation has awarded grants in Georgia, Virginia, Washington.
What size grants does Lifenet Foundation award?
In 2024, Lifenet Foundation awarded 2 grants totaling $55K — an average of about $28K per grant, based on its IRS Form 990 filings.
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 2020–2024.
Explore Open Grants
Browse active grant opportunities in Lifenet Foundation'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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