Mission
SEE SCHEDULE O.
Public Charity
LIFENET FOUNDATION
Based in VIRGINIA BEACH, VA, LIFENET FOUNDATION operates as a Public Charity. The organization reported $374K in revenue, $104K in expenses, $2.6M in total assets for fiscal year 2024. Imperigo tracks 4 reported grant relationships connected to this organization totaling approximately $62K.
EIN: 542015370
VIRGINIA BEACH, VA
Human Services N.E.C.
NTEE: P99
Latest filing: 2024
Total Revenue$374K
Total Expenses$104K
Total Assets$2.6M
Grant Records4
Funding Total$62K
Filing Years2020–2024
Where $100 goes at Lifenet Foundation
How Lifenet Foundation divides every $100 it spends, from its own Form 990 filings, averaged across 8 years.
$100
Programs
the work itself
<$1
Management
running the organization
$0
Fundraising
none reported
No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.
Inside the $100 for programs
$100
Sponsored grief services and purchased public education materials for distribution to the general public
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.
Sample Grants Received
For grant recipient's exempt purposes
$21,000
For grant recipient's exempt purposes
$20,500
TO PROMOTE HEALTHY LIFESTYLES
$10,500
SUPPORT ORGAN AND TISSUE DONATION
$10,000
Showing up to 5 of 4 total records — full history available with membership.
Officers & Directors
CHAIR
Mr Doug Wilson
SECRETARY
Mr Gordon Berkstresser
TREASURER/CFO
Mr J Philip Jones
BOARD MEMBER
Mr Rony Thomas
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2024 | $374K | $104K | $2.6M |
| 2023 | $200K | $103K | $2.0M |
| 2022 | $293K | $136K | $1.9M |
| 2021 | $178K | $121K | $1.8M |
| 2020 | $109K | $90K | $1.8M |
Between 2020 and 2024, reported annual revenue grew from $109K to $374K (+243%), with total assets most recently reported at $2.6M.
Interactive year-over-year charts and full filing details available with membership.