Lifetract Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CHICAGO, IL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $4K in total assets. In 2024, it awarded 8 grants totaling $590K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$4K
-5.9% YoY
Annual Giving
$590K
+96.7% YoY
Grant Count
8
+700.0% YoY
Avg Grant Size
$74K
-75.4% YoY
Under IRS private-foundation payout rules, Lifetract Foundation reported a distributable amount of $361 for 2024 — the minimum it must pay out in qualifying distributions.
About Lifetract Foundation
Based on IRS filings
Lifetract Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CHICAGO, IL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $4K in total assets. In 2024, it awarded 8 grants totaling $590K.
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 | $3,786 | $4,023 | $4,023 |
| Revenue | $590,000 | $300,000 | $175,000 |
| Expenses | $590,237 | $300,000 | $250,102 |
| Qualifying Distributions | $237 | $300,000 | $250,102 |
| Net Investment Income | — | — | — |
| Distributable Amount | $361 | $198 | $510 |
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
11 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Hope Chicago ($300,000), Northwestern Memorial Foundation ($250,000), Rocky Mountain Crisis ($10,000).
| Recipient | Purpose | Amount |
|---|---|---|
| HOPE CHICAGO CHICAGO, IL | DONATION TO CHARITY | $300,000 |
| ROCKY MOUNTAIN CRISIS DENVER, CO | DONATION TO CHARITY | $10,000 |
| GLEN CANYON PAGE, AZ | DONATION TO CHARITY | $10,000 |
| THE TREVOR PROJECT WEST HOLLYWOOD, CA | DONATION TO CHARITY | $5,000 |
| PFLAG NATIONAL WASHINGTON, DC | DONATION TO CHARITY | $5,000 |
| ADVOCATES FOR TRANS EQUALITY NEW YORK, NY | DONATION TO CHARITY | $5,000 |
| POINT OF PRIDE EUGENE, OR | DONATION TO CHARITY | $5,000 |
| NORTHWESTERN MEMORIAL FOUNDATION CHICAGO, IL | DONATIONS TO CHARITITY | $250,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| BRIAN GELBER | PRESIDENT | — | — |
| FRANKLIN GELBER | VICE PRESIDENT | — | — |
| SANDRA GELBER | SECRETARY | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Lifetract Foundation?
Lifetract Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CHICAGO, IL. It holds $4K in total assets as of 2024.
How large is Lifetract Foundation?
As of 2024, Lifetract Foundation holds $4K in total assets with $590K in annual revenue. It awarded 8 grants totaling $590K in 2024.
Where does Lifetract Foundation operate?
Lifetract Foundation has awarded grants in Arizona, California, Colorado, District of Columbia, Illinois, New York, Oregon.
What size grants does Lifetract Foundation award?
In 2024, Lifetract Foundation awarded 8 grants totaling $590K — an average of about $74K per grant, based on its IRS Form 990 filings.
How much is Lifetract Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Lifetract Foundation reported a distributable amount of $361 on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Lifetract Foundation's EIN?
Lifetract Foundation's EIN (Employer Identification Number) is 26-2643205. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Lifetract 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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