Local Initiative for Excellence Foundation

Private foundation · Grantmaker Blue Ash, OH EIN: 46-4081852

The Local Initiative for Excellence (L.I.F.E.) Foundation is a private foundation based in Blue Ash, Ohio. Established in 2014 by George J. Wile, it supports research intended to improve health outcomes for patients with brain and neurodegenerative disease.

Local Initiative for Excellence Foundation at a glance

In short: Local Initiative for Excellence Foundation gave $2.2M across 7 grants in 2025 (avg $316K), mostly in Ohio. Source: 2025 IRS Form 990-PF.

Annual giving (2025)
$2,210,000
+112.5% vs 2024
Grants made (2025)
7
-30.0% vs 2024
Average grant
$315,714
+203.6% vs 2024
Median grant
$100,000
Total assets
$33,899,639
+3.4% vs 2024
Primary geography
Ohio (86% of itemized 2025 grant dollars)
Latest 990 filing
Form 990-PF, 2025 View filing

Data from IRS Form 990-PF, 2025; updated November 2026.

How to apply to Local Initiative for Excellence Foundation

How to Apply

The foundation’s website instructs eligible research applicants to submit a one-page letter of intent describing the problem, its significance, and the proposed approach, along with an NIH biographical sketch. The filing directs applicants to the website for detailed application materials and restrictions. The website says research grants are provided in two $50,000 installments in years one and two, with a detailed progress report due 11 months after funding begins; the second installment is subject to Scientific Advisory Committee review of that report.

Review Cycle
The filing directs applicants to the website for deadline details; no specific date is stated in the available information.
Deadline
The filing directs applicants to the website for deadline details; no specific date is stated in the available…
Contact

Application contact: Carter Randolph
Mailing address: 4200 Malsbary Rd, Cincinnati, OH 45242
Phone: (513) 891-7144

Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.

Who Local Initiative for Excellence Foundation funds

How this funder distributes its grants

Top Recipients

Top 7 recipients in 2025

The University of Cincinnati Founda: $1.4MThe University of CincinnatiFounda$1.4MUniversity of Cincinnati: $305KUniversity of Cincinnati$305KNKU Foundation Inc: $205KNKU Foundation Inc$205KCincinnati Children's Hospital Medi: $100KCincinnati Children's HospitalMedi$100KUniversity of Virginia: $50KUniversity of Virginia$50KMassachusetts General Hospital: $50KMassachusetts General Hospital$50KCase Western Reserve University: $50KCase Western ReserveUniversity$50K

The largest 2025 recipient was The University of Cincinnati Founda ($1.4M). Together the top 7 received $2.2M.

Grant Size Distribution

28 grants across all recorded years

<$50K12$50–100K13$100–250K2$250–500K$500K–1M1$1–5M$5M+

The most common grant size was in the $100–250K range: 13 grants of 28 (46%).

Geographic Focus

Where this funder awards grants

The 2024 filing’s grant-dollar distribution was 62% to Ohio, 24% to Kentucky, and 5% each to California, Virginia, and Massachusetts.

Grant Distribution by State

5states

Share of 2025 grant dollars across all 7 itemized grants.

Cities

CincinnatiHighland HeightsLa JollaCharlottesvilleBostonCleveland

How Local Initiative for Excellence Foundation gives

  • Giving grew 386% from 2022 to 2025. Method
  • In 2025 it paid out 89% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method

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

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$1M$2M$3M4 grants2020 4 grants2021 4 grants2022 3 grants2023 10 grants2024 7 grants2025

From 2020 to 2025, annual grant giving ranged from $201K (2023) to $2.2M (2025). In 2025 it made 7 grants totaling $2.2M.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
The University of Cincinnati Founda Cincinnati, OHMedical Research$1,450,000
University of Cincinnati Cincinnati, OHMedical Research$305,000
NKU Foundation Inc Highland Heights, KYUndergraduate Fellowship Program$205,000
Cincinnati Children's Hospital Medi Cincinnati, OHMedical Research$100,000
University of Virginia Charlottesville, VAMedical Research$50,000
Massachusetts General Hospital Boston, MAMedical Research$50,000
Case Western Reserve University Cleveland, OHMedical Research$50,000
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsNet Investment IncomeDistributable Amount
2025$33,899,639$3,617,163$2,503,985$2,210,0007$2,215,405$3,343,583$2,483,343
2024$32,786,461$724,174$1,276,988$1,040,00010$1,050,064$749,873$2,221,850
2023$33,339,275$13,420,110$311,807$201,0003$213,366$435,939$1,163,922
2022$20,230,972$16,760,403$522,047$455,0004$459,666$300,754$806,745
2021$3,992,616$388,497$596,383$555,0004$561,142$96,475$318,755
2020$4,200,502$706,964$343,845$315,0004—$180,062$243,517

Under IRS private-foundation payout rules, Local Initiative for Excellence Foundation reported a distributable amount of $2.5M for 2025 — the minimum it must pay out in qualifying distributions.

Research compiled by Grantable AI from public sources. Last updated September 2026.

Mission & Focus Areas

L.I.F.E.’s stated mission is to support research to achieve better health outcomes for patients with brain and neurodegenerative disease. Its website describes research grants as supporting innovative research, productive research teams, and investigators early in their careers.

The website says eligible applicants include University of Cincinnati faculty with at least 80% FTE, including faculty based at Cincinnati Children’s Hospital Medical Center, and outside researchers at nonprofit organizations with novel approaches. The foundation also partners with NKU’s College of Informatics on scholarships for students pursuing brain-research careers; those scholarships are for students, rather than grants to outside applicants.

The 2024 filing lists a $250,000 grant to NKU Foundation Inc. for an undergraduate fellowship program and five $50,000 medical-research grants. Among other recipients, the Cincinnati Symphony Orchestra describes its mission as seeking and sharing inspiration; Cincinnati Museum Center says it inspires people to learn about science and regional history; and Cincinnati Playhouse in the Park describes itself as Cincinnati’s national theater, committed to bringing diverse, engaging works to the community. These are the recipient organizations’ stated missions.

Grantmaking

In filing year 2024, L.I.F.E. gave $1,040,000 through 10 grants. Grant amounts ranged from $50,000 to $250,000, with a median of $92,500. The largest awards included $250,000 to NKU Foundation Inc. for an undergraduate fellowship program and $135,000 each to Planned Parenthood in Cincinnati, Cincinnati Playhouse in the Park, Cincinnati Museum Center, and Cincinnati Symphony Orchestra. The filing lists the four $135,000 grants’ purpose as “charity.” It also lists $50,000 medical-research grants to the University of Cincinnati, Salk Institute for Biological Studies, University of Virginia, Massachusetts General Hospital, and Cincinnati Children’s Hospital Medical Center. Its 2025 filing, the latest on this page, reports 7 grants totaling $2.2 million.

Leadership & Key People

Leadership team and compensation from IRS filings

The 2024 filing lists Carter F. Randolph as president and treasurer, Carter L. Randolph and Patty Brockman as secretaries, and Garrett Wayne as trustee.

Local Initiative for Excellence Foundation is led by Carter L. Randolph, President, Treasurer & Secretary since 2021 (on filings since 2020); none of the 2 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Carter L. Randolph

    President, Treasurer & Secretary

    Treasurer → President, Treasurer & Secretary, 2021

    On filings since 2020

    5 hrs/week

    No compensation reported

  • Patty Brockman

    Secretary

    On filings since 2020

    5 hrs/week

    No compensation reported

Former officers (2)
  • Former: Garrett Wayne (2024) — Trustee
  • Former: George Wile (2020) — President

Data from IRS Form 990 filings, 2020–2025. "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 Local Initiative for Excellence Foundation

How much does Local Initiative for Excellence Foundation give each year?

Local Initiative for Excellence Foundation gave $2.2M across 7 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $1.0M across 10 grants.

What is Local Initiative for Excellence Foundation's typical grant size?

Local Initiative for Excellence Foundation's median grant in 2025 was $100,000, and its average grant was $315,714, across 7 grants on its 2025 IRS Form 990-PF.

Where does Local Initiative for Excellence Foundation give grants?

Local Initiative for Excellence Foundation gives mostly in Ohio: 86% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest state was Kentucky (9%). The most frequent recipient cities were Cincinnati, OH (3 grants).

Does Local Initiative for Excellence Foundation give general operating support?

Not in 2025: none of the 7 grants with a stated purpose on Local Initiative for Excellence Foundation's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Medical Research" (6 grants).

Who are Local Initiative for Excellence Foundation's largest grantees?

Local Initiative for Excellence Foundation's largest 2025 grantees include The University of Cincinnati Founda ($1,450,000), University of Cincinnati ($305,000) and NKU Foundation Inc ($205,000), according to its 2025 IRS Form 990-PF. Together they received 89% of its itemized 2025 grant dollars.

How large is Local Initiative for Excellence Foundation?

Local Initiative for Excellence Foundation reported $33.9M in total assets on its 2025 IRS Form 990-PF. It paid out $2.2M in qualifying distributions that year, against a required minimum of $2.5M (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.

What does Local Initiative for Excellence Foundation fund?

L.I.F.E.’s stated mission is to support research to achieve better health outcomes for patients with brain and neurodegenerative disease. Its website describes research grants as supporting innovative research, productive research teams, and investigators early in their careers. See mission & focus areas ↑

How do I apply for a grant from Local Initiative for Excellence Foundation?

The foundation’s website instructs eligible research applicants to submit a one-page letter of intent describing the problem, its significance, and the proposed approach, along with an NIH biographical sketch. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑

What is Local Initiative for Excellence Foundation's EIN?

Local Initiative for Excellence Foundation's EIN (Employer Identification Number) is 46-4081852. IRS Form 990 filing data is available on this page for 2020–2025.

Data last updated November 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.

Data update history

(2)

When this profile's IRS filing data changed on Grantable

  1. Added Form 990-PF for fiscal year 2025 (received by the IRS September 14, 2026)
  2. IRS filings on file for fiscal years 2020–2024

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Figures come from Local Initiative for Excellence 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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