NonprofitsLife Ring Foundation

Private Grantmaking Foundations

Life Ring Foundation

ROANOKE, VA

Total revenue

$1.8M

Total expenses

$342K

Net assets

$1.9M

Grants received

$1.2M

17 grants

EIN

270927269

Tax year

2024

Mission

The foundation was created to provide charitable and emergency assistance to individuals and tax-exempt organizations.

Programs

1 program

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.

Expenses: $53K

Financials

FY 2024

Revenue

Contributions & grants$2.2M
Program service revenue
Investment income$36K
Other revenue
Total revenue$1.8M

Expenses

Grants paid$60K
Salaries & benefits$127K
Fundraising$27K
Other expenses$155K
Total expenses$342K
Total assets$1.9M
Net assets$1.9M

People

7 listed

NameRoleCompensation

JORDAN BOUSMAN

VP OF PHILAN

Board

$107K

40 hrs/wk

BRANDON LACROIX

DIRECTOR

Board

1 hrs/wk

ELIZABETH R MARTIN MD

DIRECTOR

Board

1 hrs/wk

SARAH F WILSON

EXECUTIVE DI

Board

40 hrs/wk

JESSICA O WOOLWINE

VICE PRESIDE

Board

1 hrs/wk

KELLY S WOOLWINE

PRESIDENT

Board

1 hrs/wk

RICHARD E WOOLWINE

DIRECTOR

Board

1 hrs/wk

Grants received

Showing 17 of 17

FromAmountPurposeYear
$749K
CANCER RESEARCH
2024
$175K
OPERATIONS
2024
$20K
CHARITABLE ASSISTANCE
2024
$16K
SUPPORT FOR GENERAL OPERATIONS
2024
$10K
TO PROVIDE GENERAL OPERATING FUNDS
2024
$10K
Assistance to Indigent Families
2024
$9K
GENERAL SUPPORT
2024
$75K
OPERATIONS
2023
$27K
PUBLIC, SOCIETAL BENEFIT
2023
$25K
MEDICAL / PUBLIC SERVICES
2023
$22K
SUPPORT FOR GENERAL OPERATIONS
2023
$20K
GENERAL PURPOSES
2023
$20K
CHARITABLE ASSISTANCE
2023
$1K
PROGRAM/OPERATING SUPPORT
2023
$100
PROGRAM/OPERATING SUPPORT
2023
$100
PROGRAM/OPERATING SUPPORT
2023

Funded by

$1.2M from 12 funders · 17 grants · 2023–2024

Jim And Debbie Petrine Foundation

$749K · 1 grant · 2024

American Gift Fund

$250K · 2 grants · 2023–2024

Tr Paul Family Foundation

$40K · 2 grants · 2023–2024

Christopher M Walters Family Foundation

$38K · 2 grants · 2023–2024

Gs Donor Advised Philanthropy Fund

$25K · 1 grant · 2023

Kirk Family Foundation

$20K · 1 grant · 2023

The Marcus Allen Foundation

$10K · 1 grant · 2024

Details

EIN270927269
NTEE codeT20
Subsection03
Ruling date2012-05
Formed2009
Employees1
LIFE RING FOUNDATION — Mission, Financials & Grants Received | Grantivo