Lifeworks Foundation

Foundation · Grantmaker Nashville, TN EIN: 62-1428468

Lifeworks Foundation is a private foundation, based in Nashville, TN. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.5M in total assets. In 2024, it awarded 4 grants totaling $224K. Net investment income was $602K.

Key facts about Lifeworks Foundation

In short: Lifeworks Foundation gave $224K across 4 grants in 2024 (avg $56K), mostly in Tennessee. Source: 2024 IRS Form 990-PF.

EIN
62-1428468
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$224,000
Grants made (2024)
4
Average grant
$56,000
Median grant
$11,000
Total assets
$2,488,486
Primary geography
Tennessee (100% of itemized 2024 grant dollars)

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

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$2.5M

+8.8% YoY

Annual Giving

$224K

+3.8% YoY

Grant Count

4

-33.3% YoY

Avg Grant Size

$56K

+55.6% YoY

Under IRS private-foundation payout rules, Lifeworks Foundation reported a distributable amount of $160K for 2024 — the minimum it must pay out in qualifying distributions.

How Lifeworks Foundation gives

  • Giving grew 30% from 2021 to 2024. Method
  • In 2024 it paid out 140% of its IRS minimum distribution (the 5% rule). Method

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

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

5states

Share of all 4 itemized 2024 grant dollars.

Cities

NashvilleFederal WayFranklinKnoxvilleBoydtonBrentwoodCalhounCharlotteCookvillePetalRichmond

Giving Over Time

Total grant dollars and number of grants per year

$0$100K$200K$300K4 grants202011 grants20215 grants20226 grants20234 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 4 recipients in 2024

Healing Stones Foundation: $192KHealing Stones Foundation$192KAmerican Maltese Association: $12KAmerican Maltese Association$12KBelmont University: $10KBelmont University$10KUniversity of TN: $10KUniversity of TN$10K

Grant Size Distribution

30 grants across all recorded years

25<$50K$50–100K5$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
HEALING STONES FOUNDATION Nashville, TNFURTHER CHARITY PURPOSE$192,000
AMERICAN MALTESE ASSOCIATION Charlotte, TNFURTHER CHARITY PURPOSE$12,000
BELMONT UNIVERSITY Nashville, TNFURTHER CHARITY PURPOSE$10,000
UNIVERSITY OF TN Knoxville, TNFURTHER CHARITY PURPOSE$10,000

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$200K$400K$600K$800K20202021202220232024
Metric202420232022
Total Assets$2,488,486$2,287,057$2,593,681
Revenue$601,782$62,813$92,569
Expenses$399,521$371,711$313,944
Qualifying Distributions$224,000$215,900$152,000
Net Investment Income$601,782$77,303$92,569
Distributable Amount$160,146$160,152$173,853

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Officers and directors from IRS filings

Lifeworks Foundation's 2024 filing lists 2 officers; all 2 officers listed in 2024 are compensated.

Officers on the 2024 filing

  • George N. Bullard

    Director

    On filings since 2020

    10 hrs/week

    $41K (2024)

  • Patricia Bullard

    Trustee

    On filings since 2020

    25 hrs/week

    $41K (2024)

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.

Compensation Overview

From 2024 IRS filing

George N Bullard — Director: $41KGeorge N BullardDirector$41KPatricia Bullard — Trustee: $41KPatricia BullardTrustee$41K

Frequently asked questions about Lifeworks Foundation

How much does Lifeworks Foundation give each year?

Lifeworks Foundation gave $224K across 4 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $216K across 6 grants.

What is Lifeworks Foundation's typical grant size?

Lifeworks Foundation's median grant in 2024 was $11,000, and its average grant was $56,000, across 4 grants on its 2024 IRS Form 990-PF.

Where does Lifeworks Foundation give grants?

Lifeworks Foundation gives mostly in Tennessee: 100% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Nashville, TN (2 grants).

Does Lifeworks Foundation give general operating support?

Not in 2024: none of the 4 grants with a stated purpose on Lifeworks Foundation's 2024 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Further Charity Purpose" (4 grants).

How large is Lifeworks Foundation?

Lifeworks Foundation reported $2.5M in total assets on its 2024 IRS Form 990-PF. It paid out $224K in qualifying distributions that year, against a required minimum of $160K (roughly 5% of its investment assets).

What is Lifeworks Foundation's EIN?

Lifeworks Foundation's EIN (Employer Identification Number) is 62-1428468. IRS Form 990 filing data is available on this page for 2020–2024.

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

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