Public Charity

LIFE RING FOUNDATION

LIFE RING FOUNDATION is a private foundation categorized as Public Charity based in ROANOKE, VA. Its most recent IRS filing (2024) reports revenue of $1.8M, expenses of $342K, total assets of $1.9M. Imperigo tracks 22 reported grants from this foundation totaling approximately $966K.

EIN: 270927269 ROANOKE, VA Private Grantmaking Foundations NTEE: T20 Latest filing: 2024
Total Revenue$1.8M
Total Expenses$342K
Total Assets$1.9M
Grants Given22
Grant Total$966K
Filing Years2019–2024

Mission

THE FOUNDATION WAS CREATED TO PROVIDE CHARITABLE AND EMERGENCY ASSISTANCE TO INDIVUDUALS AND TAX-EXEMPT ORGANIZATIONS. THE FOUNDATION ALSO FUNDS SCHOLARSHIPS FOR INDIVIDUALS TO ATTEND VIRGINIA TECH.

Where $100 goes at Life Ring Foundation

How Life Ring Foundation divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.

$75 Programs the work itself
$21 Management running the organization
$4 Fundraising raising the next dollar

Inside the $75 for programs

$40
The foundation provided general donations to non-profits such as children's miracle network, vwcc educational foundation, we are one LLC, and virginia tech foundation to further their charitable works
53% of program spending
$35
The foundation provided general donations to non-profits such as children's miracle network, vwcc educational foundation, we are one LLC, and virginia tech foundation to further their charitable works
47% of program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

DIRECTOR Brandon Lacroix
DIRECTOR Elizabeth R Martin Md
VICE PRESIDE Jessica O Woolwine
VP OF PHILAN Jordan Bousman
PRESIDENT Kelly S Woolwine
DIRECTOR Richard E Woolwine

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$888,925 18 grants
Research & Policy
$30,000 1 grant
Education
$12,000 1 grant
Health & Medicine
$10,000 1 grant
Unspecified
$25,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $1.8M $342K $1.9M
2023 $693K $608K $308K
2022 $101K $86K $217K
2020 $21K $71K $234K
2019 $48K $64K $284K

Between 2019 and 2024, reported annual revenue grew from $48K to $1.8M (+3679%), with total assets most recently reported at $1.9M.

Interactive year-over-year charts and full filing details available with membership.

Grant Geography

Grants from this foundation were reported to recipients in OH, OR, VA.

OHORVA

Full geographic grant map with state-by-state breakdown available with membership.

See the full picture for LIFE RING FOUNDATION

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