The Life Light Foundation
The Life Light Foundation is a private foundation, based in Centreville, VA. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $98K in total assets. In 2024, it awarded 1 grant totaling $196K. Net investment income was $3K.
Key facts about The Life Light Foundation
In short: The Life Light Foundation gave $196K across 1 grant in 2024 (avg $196K), mostly in Massachusetts. Source: 2024 IRS Form 990-PF.
- EIN
- 26-1619601
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $195,925
- Grants made (2024)
- 1
- Average grant
- $195,925
- Median grant
- $195,925
- Total assets
- $98,433
- Primary geography
- Massachusetts (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
$98K
-66.3% YoY
Annual Giving
$196K
+920.8% YoY
Grant Count
1
-50.0% YoY
Avg Grant Size
$196K
+1941.6% YoY
Under IRS private-foundation payout rules, The Life Light Foundation reported a distributable amount of $16K for 2024 — the minimum it must pay out in qualifying distributions.
How The Life Light Foundation gives
- Giving grew 3819% from 2021 to 2024. Method
- In 2024 it paid out well above 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
Share of the 2024 grant dollars on its one itemized grant.
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2021 to 2024, annual grant giving ranged from $5K (2021) to $196K (2024). In 2024 it made 1 grant totaling $196K.
Grant Insights
How this funder distributes its grants
Top Recipients
Top recipient in 2024
The largest 2024 recipient was Fidelity Investments Chartiable Gift Fund ($196K).
Grant Size Distribution
8 grants across all recorded years
The most common grant size was under $50K: 7 grants of 8 (88%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Fidelity Investments Chartiable Gift Fund Boston, MA | Transferring Funds to a Donor Advised Fund. | $195,925 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $98,433 | $291,717 | $293,246 |
| Revenue | $6,482 | $25,089 | $30,189 |
| Expenses | $199,765 | $26,618 | $30,288 |
| Qualifying Distributions | $195,925 | $19,193 | $17,000 |
| Net Investment Income | $2,642 | $2,386 | $1,233 |
| Distributable Amount | $16,236 | $15,888 | $16,813 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2021–2024
Leadership & Key People
Officers and directors from IRS filings
The Life Light Foundation's 2024 filing lists 5 officers; none of the 5 officers listed in 2024 report compensation.
Officers on the 2024 filing
Jason Drakopoulos
Trustee
On filings since 2021
0.1 hrs/week
No compensation reported
Jennifer Farmelo
Trustee
On filings since 2021
0.1 hrs/week
No compensation reported
Jon Farmelo
Trustee
On filings since 2021
0.1 hrs/week
No compensation reported
Kimberly Drakopoulos
Trustee
On filings since 2021
0.5 hrs/week
No compensation reported
Pamela R. Webb
Trustee
On filings since 2021
0.3 hrs/week
No compensation reported
Data from IRS Form 990 filings, 2021–2024. "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 The Life Light Foundation
How much does The Life Light Foundation give each year?
The Life Light Foundation gave $196K across 1 grant in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $19K across 2 grants.
How large is The Life Light Foundation?
The Life Light Foundation reported $98K in total assets on its 2024 IRS Form 990-PF. It paid out $196K in qualifying distributions that year, against a required minimum of $16K (roughly 5% of its investment assets).
Where does The Life Light Foundation operate?
The Life Light Foundation has awarded grants in Colorado, Massachusetts, North Carolina, Virginia.
What is The Life Light Foundation's EIN?
The Life Light Foundation's EIN (Employer Identification Number) is 26-1619601. IRS Form 990 filing data is available on this page for 2021–2024.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
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