NonprofitsLife Time Foundation

Education

Life Time Foundation

CHANHASSEN, MN

Total revenue

$2.6M

Total expenses

$2.1M

Net assets

$2.5M

Grants received

$840K

25 grants

EIN

030533192

Tax year

2024

Mission

The life time foundation, a 501c(3) nonprofit created by life time, inc. Is dedicated to inspiring healthy people, a healthy planet, and a healthy way of life. Through financial grants and direct action, we support youth nutrition by helping schools serve wholesome, nourishing, minimally processed food to students; youth movement by championing physical movement programs that get children active and excited to move for life; and a healthy planet by supporting forestation and conservation initiatives, so everyone can live healthy, happy lives.

Programs

2 programs

Our youth movement programs funds projects and initiatives so that all kids, specifically those in historically underserved communities, have access to safe, fun, enriching physical activities, with the intention they will choose to stay active for life. Through the youth movement program, life time foundation will provide grants of up to $15,000 for school sites and local non-profit organizations, and up to $100,000 for school districts.

Expenses: $360KGrants: $295K

Our healthy planet program , we partner with schools and non-profit organizations to educate and promote reforestation and conservation to help combat the escalating impact of greenhouse gas emissions. From local tree-planting initiatives to broader forestation and conservation programs, the life time foundation is committed to working together to address one of our most urgent challenges, climate change.

Expenses: $495KGrants: $459K

Financials

FY 2024

Revenue

Contributions & grants$2.6M
Program service revenue
Investment income
Other revenue$72K
Total revenue$2.6M

Expenses

Grants paid$1.3M
Salaries & benefits$469K
Fundraising$261K
Other expenses$334K
Total expenses$2.1M
Total assets$2.6M
Net assets$2.5M

People

11 listed

NameRoleCompensation

BAHRAM AKRADI

CHAIR AND PRESIDENT

Board

1 hrs/wk

AARON SWITZ

DIRECTOR - BOARD MEMBER

Board

1 hrs/wk

BRITTANY REGER

DIRECTOR - BOARD MEMBER

Board

1 hrs/wk

CORY SVIHLA

DIRECTOR - BOARD MEMBER

Board

1 hrs/wk

EMILY AKRADI

DIRECTOR - BOARD MEMBER

Board

1 hrs/wk

JOHN GRIFFITH

DIRECTOR- BOARD MEMBER

Board

1 hrs/wk

KATIE HEPLER

DIRECTOR- BOARD MEMBER

Board

1 hrs/wk

MATT TESKE

DIRECTOR - BOARD MEMBER (START 10/24)

Board

1 hrs/wk

MECHELLE FREEMAN

DIRECTOR - BOARD MEMBER

Board

1 hrs/wk

TAMI KOZIKOWSKI

DIRECTOR - BOARD MEMBER

Board

1 hrs/wk

KIMO SEYMOUR

VICE CHAIR, EXECUTIVE DIR. & TREASURER

Board

1 hrs/wk

Grants received

Showing 25 of 25

FromAmountPurposeYear
$100K
GENERAL SUPPORT
2024
$3K
GENERAL SUPPORT
2024
$100
EMPLOYEE OR TRUSTEE RECOMMENDED GIFT FOR GENERAL OPERATIONAL SUPPORT.
2024
$500K
GENERAL SUPPORT
2023
$25K
GENERAL OPERATING
2023
$3K
GENERAL PURPOSE
2023
$1K
GENERAL PURPOSE
2023
$50
OTHER CIVIC / COMMUNITY
2023
$10K
GENERAL CONTRIBUTION
2022
$2K
General purposes
2022
$500
Support Childrens Health
2022
$500
Support Childrens Health
2021
$47K
For grant recipient's exempt purposes
2020
$500
Support Childrens Health
2020
$19K
For grant recipient's exempt purposes
2019
$2K
DONATION TEAM LIFE TIME ALEX ISALY
2019
$16K
For grant recipient's exempt purposes
2018
$15K
GENERAL OPERATING SUPPORT
2018
$40K
GENERAL OPERATING SUPPORT; HEALTHY SCHOOL FOOD
2017
$12K
SOCIAL SERVICES/SOCIAL BENEFITS
2017

Funded by

$840K from 16 funders · 25 grants · 2017–2024

The Roe Foundation Inc

$513K · 3 grants · 2022–2024

Fraydun Foundation Inc

$100K · 1 grant · 2024

Fidelity Investments Charitable Gift Fund

$82K · 3 grants · 2018–2020

The Minneapolis Foundation

$55K · 2 grants · 2017–2018

Engelsma Family Foundation

$25K · 1 grant · 2023

Donor Advised Charitable Giving Inc

$22K · 2 grants · 2017–2018

American Online Giving Foundation Inc

$16K · 2 grants · 2022–2024

Details

EIN030533192
NTEE codeB12
Subsection03
Ruling date2021-09
Formed2003
Employees6
Volunteers10
LIFE TIME FOUNDATION — Mission, Financials & Grants Received | Grantivo