The Life Light Foundation

Private foundation · Grantmaker Centreville, VA EIN: 26-1619601

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

4states

Share of the 2024 grant dollars on its one itemized grant.

Cities

Colorado SpringsLansdowneSterlingBooneBoston

Giving Over Time

Total grant dollars and number of grants per year

$0$50K$100K$150K$200K1 grant2021 4 grants2022 2 grants2023 1 grant2024

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

Fidelity Investments Chartiable Gift Fund: $196KFidelity InvestmentsChartiable Gift Fund$196K

The largest 2024 recipient was Fidelity Investments Chartiable Gift Fund ($196K).

Grant Size Distribution

8 grants across all recorded years

7<$50K$50–100K1$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 7 grants of 8 (88%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Fidelity Investments Chartiable Gift Fund Boston, MATransferring Funds to a Donor Advised Fund.$195,925

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$100K$200K$300K2021 2022 2023 2024
Metric202420232022
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

  1. 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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