Race for Life Inc is a private foundation focused on Environment & Animals, based in ANNAPOLIS, MD. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $5.7M in total assets. In 2024, it awarded 3 grants totaling $5K. Net investment income was $182K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$5.7M
-21.2% YoY
Annual Giving
$5K
-80.1% YoY
Grant Count
3
+50.0% YoY
Avg Grant Size
$2K
-86.8% YoY
About Race for Life Inc
Based on IRS filings
Race for Life Inc is a private foundation focused on Environment & Animals, based in ANNAPOLIS, MD. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $5.7M in total assets. In 2024, it awarded 3 grants totaling $5K. Net investment income was $182K.
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 | $5,744,665 | $7,285,778 | $8,862,329 |
| Revenue | $882,466 | $755,976 | $137,758 |
| Expenses | $2,448,721 | $2,332,527 | $1,275,724 |
| Qualifying Distributions | $1,438,645 | $1,363,616 | $843,957 |
| Net Investment Income | $181,715 | $157,322 | $36,437 |
| 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 3 recipients in 2024
Grant Size Distribution
9 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Bissell Pet Foundation ($3,000), John Hopkins Children Center ($1,500), Family Adopted Through Anne Arundel County Social Services ($464).
| Recipient | Purpose | Amount |
|---|---|---|
| BISSELL PET FOUNDATION GRAND RAPIDS, MI | GENERAL DONATIONS FOR THE OPERATIONS OF THE NONPROFIT | $3,000 |
| JOHN HOPKINS CHILDREN CENTER BALTIMORE, MD | GENERAL DONATIONS FOR THE OPERATIONS OF THE NONPROFIT | $1,500 |
| FAMILY ADOPTED THROUGH ANNE ARUNDEL COUNTY SOCIAL SERVICES GLEN BURNIE, MD | HOLIDAY SUPPORT | $464 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| JAMES DEFRANCESCO | CHAIRMAN | 30 | — |
| DENNIS WARNKE | TREASURER | 5 | — |
| PATRICIA MEEHAN | SECRETARY | 5 | $37,800 |
| BIANCA SMITH | EXECUTIVE DIRECTOR | 40 | $156,111 |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Race for Life Inc?
Race for Life Inc is a private foundation focused on Environment & Animals, based in ANNAPOLIS, MD. It holds $5.7M in total assets as of 2024.
How large is Race for Life Inc?
As of 2024, Race for Life Inc holds $5.7M in total assets with $882K in annual revenue. It awarded 3 grants totaling $5K in 2024.
Where does Race for Life Inc operate?
Race for Life Inc has awarded grants in District of Columbia, Florida, Maryland, Michigan.
What size grants does Race for Life Inc award?
In 2024, Race for Life Inc awarded 3 grants totaling $5K — an average of about $2K per grant, based on its IRS Form 990 filings.
What is Race for Life Inc's EIN?
Race for Life Inc's EIN (Employer Identification Number) is 87-3813883. IRS Form 990 filing data is available on this page for 2021–2024.
Explore Open Grants
Browse active grant opportunities in Race for Life Inc'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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