Research Institution LC is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SPRINGFIELF, VA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $4.7M in total assets. In 2024, it made $501K in qualifying distributions.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$4.7M
+1760.1% YoY
Revenue
$3.5M
+62.1% YoY
Qualifying Distributions
$501K
+159.3% YoY
Expenses
$1.4M
-9.8% YoY
About Research Institution LC
Based on IRS filings
Research Institution LC is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SPRINGFIELF, VA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $4.7M in total assets. In 2024, it made $501K in qualifying distributions.
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 | $4,650,201 | $250,000 | $992,216 |
| Revenue | $3,459,635 | $2,134,251 | $958,927 |
| Expenses | $1,427,822 | $1,582,952 | $865,819 |
| Qualifying Distributions | $500,500 | $193,008 | $15,160 |
| Net Investment Income | — | — | — |
| 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 0 recipients in 2024
Grant Size Distribution
5 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for 2024.
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Gary White | COO Researcher | 35 | $127,897 |
| Dr Femi Obasun Phd Dba | CEO | 65 | $313,700 |
| Jennifer Chadinha | Vp | 45 | $50,000 |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Research Institution LC?
Research Institution LC is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SPRINGFIELF, VA. It holds $4.7M in total assets as of 2024.
How large is Research Institution LC?
As of 2024, Research Institution LC holds $4.7M in total assets with $3.5M in annual revenue.
Where does Research Institution LC operate?
Research Institution LC has awarded grants in Arizona, Virginia.
What is Research Institution LC's EIN?
Research Institution LC's EIN (Employer Identification Number) is 82-4585188. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Research Institution LC'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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