Lifenet Foundation
See schedule o.
Key facts about Lifenet Foundation
In short: Lifenet Foundation gave $55K across 2 grants in 2024 (avg $28K), mostly in Virginia. Source: 2024 IRS Form 990 filing.
- EIN
- 54-2015370
- Latest 990 filing
- Form 990 filing, 2024
- Annual giving (2024)
- $55,163
- Grants made (2024)
- 2
- Average grant
- $27,582
- Median grant
- $27,582
- Total assets
- $2,648,840
- Primary geography
- Virginia (82% of itemized 2024 grant dollars)
Data from IRS Form 990 filing, 2024; updated September 2026.
Financial Overview
From 2024 IRS Form 990 filing · 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
How Lifenet Foundation gives
- Giving held roughly steady from 2021 to 2024 (−13%). Method
From the foundation's IRS Form 990 filings. Methodology.
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
Share of all 2 itemized 2024 grant dollars.
States
Cities
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
| Recipient | Purpose | Amount |
|---|---|---|
| LIFENET HEALTH Virginia Beach, VA | DONOR FAMILY SERVICES | $45,163 |
| LIFENET HEALTH NORTHWEST Renton, WA | DONOR FAMILY SERVICES | $10,000 |
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 | — | — | — |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Leadership & Key People
Officers and directors from IRS filings
Lifenet Foundation is led by Doug Wilson, Chair on every filing since 2020; none of the 4 officers listed in 2024 report compensation.
Officers on the 2024 filing
Doug Wilson
Chair
On filings since 2020
1 hr/week
No compensation reported
Gordon Berkstresser
Secretary
Board Member & CFO → Secretary, 2021
On filings since 2020
1 hr/week
No compensation reported
Rony Thomas
Board Member
Board Member → President & Director, 2022
President & Director → Board Member, 2023
On filings since 2020
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 (2)
- Former: Ann Lange (2020–2023) — Board Member
- Former: Darrell Jessee (2020–2023) — Board Member
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.
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 filing. 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 filing. Its revenue that year was $374K.
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.
Where does Lifenet Foundation operate?
Lifenet Foundation has awarded grants in Georgia, 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 2020–2024.
Data last updated September 2026. Sourced from IRS Form 990 filings.
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