Skip to content
Nonprofiteer
← FOUNDATION 4LIFE INC

Form 990 for tax year 2023

Filed by FOUNDATION 4LIFE INC.

Totals

Total revenue
$526,194
Total expenses
$95,020
Contributions and grants received
$447,998
Grants paid
$95,020
Program service revenue
$0
Investment income
$78,196
Other revenue
$0
Total assets, end of year
$2,237,182
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$2,237,182
Program services expenses (Part IX)
$95,020
Management and general expenses
$0
Fundraising expenses
$0
Program service expenses (Part III)
$95,020

Program services were 100.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1f · All other contributions, gifts and grants

    $447,998

  • 3 · Investment income

    total $78,196 · excluded $78,196

  • 4 · Income from investment of tax-exempt bond proceeds

    total $0

  • 5 · Royalties

    total $0

  • 6d · Net rental income or loss

    total $0

  • 7d · Net gain or loss

    total $0

  • 8c · Net income from fundraising events

    total $0

  • 9c · Net income from gaming

    total $0

  • 10c · Net income from sales of inventory

    total $0

  • 11e · Other revenue, total

    $0

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $77,020 · program services $77,020

  • 2 · Grants to domestic individuals

    total $0

  • 3 · Grants to foreign organizations and individuals

    total $18,000 · program services $18,000

  • 4 · Benefits paid to or for members

    total $0

  • 5 · Compensation of officers, directors and key employees

    total $0

  • 6 · Compensation of disqualified persons

    total $0

  • 7 · Other salaries and wages

    total $0

  • 8 · Pension plan contributions

    total $0

  • 9 · Other employee benefits

    total $0

  • 10 · Payroll taxes

    total $0

  • 11a · Fees: management

    total $0

  • 11b · Fees: legal

    total $0

  • 11c · Fees: accounting

    total $0

  • 11d · Fees: lobbying

    total $0

  • 11e · Fees: professional fundraising services

    total $0

  • 11f · Fees: investment management

    total $0

  • 11g · Fees: other

    total $0

  • 12 · Advertising and promotion

    total $0

  • 13 · Office expenses

    total $0

  • 14 · Information technology

    total $0

  • 15 · Royalties

    total $0

  • 16 · Occupancy

    total $0

  • 17 · Travel

    total $0

  • 18 · Travel or entertainment for public officials

    total $0

  • 19 · Conferences, conventions and meetings

    total $0

  • 20 · Interest

    total $0

  • 21 · Payments to affiliates

    total $0

  • 22 · Depreciation, depletion and amortization

    total $0

  • 23 · Insurance

    total $0

  • 24e · All other expenses

    total $0

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $1,806,008 · end of year $2,237,182

  • 2 · Savings and temporary cash investments

    end of year $0

  • 3 · Pledges and grants receivable

    end of year $0

  • 4 · Accounts receivable

    end of year $0

  • 5 · Loans and receivables from officers and key people

    end of year $0

  • 6 · Loans and receivables from disqualified persons

    end of year $0

  • 7 · Other notes and loans receivable

    end of year $0

  • 8 · Inventories for sale or use

    end of year $0

  • 9 · Prepaid expenses and deferred charges

    end of year $0

  • 10c · Land, buildings and equipment, net

    end of year $0

  • 11 · Investments: publicly traded securities

    end of year $0

  • 12 · Investments: other securities

    end of year $0

  • 13 · Investments: program-related

    end of year $0

  • 14 · Intangible assets

    end of year $0

  • 15 · Other assets

    end of year $0

  • 29 · Capital stock, trust principal or current funds

    beginning of year $1,806,008 · end of year $2,237,182

Mission and programs · 2023

Mission

FOUNDATION 4LIFE IS BUILDING A LEGACY OF SERVICE BY FOSTERING LONG-TERM, SUSTAINABLE PARTNERSHIPS WITH FAMILIES AND COMMUNITIES AROUND THE WORLD. THE ORGANIZATION'S APPROACH TARGETS THE SPECIFIC NEEDS OF EACH COMMUNITY, WORKING CLOSELY WITH COMMUNITY LEADERS TO BEST SUPPORT CHILDREN. THE ULTIMATE GOAL IS TO LEAVE A LASTING LEGACY OF EMPOWERMENT FOR CHILDREN AND THE COMMUNITIES IN WHICH THEY RESIDE. THE THREE TIERS OF SPECIFIC FOCUS INCLUDE: COMMUNITY DEVELOPMENT, CHILD DEVELOPMENT, AND EDUCATION.

Activities or mission (Part I)

THE FOUNDATION PROVIDES DISASTER RELIEF AND OTHER HUMANITARIAN ASSISTANCE. SPECIFICALLY FOCUSED ON COMMUNITY DEVELOPMENT, CHILD DEVELOPMENT, AND EDUCATION.

  • The foundation made charitable contributions to organizations that help children and families dealing with VARIOUS ISSUES, INCLUDING: HUNGER, NATURAL DISASTER, HIV/AIDS, AND EDUCATION. These charitable organizations support children and families by educating them, housing them, feeding them, and providing medical assistance.

    Expenses $95,020 · Grants $95,020 · Revenue $447,998

As filed on the 2023 return.

Listed in Part VII

  • Matthew Omccleary CPA

    Trustee

    Total calculated
    $0
    Hours/week
    0
  • C Stephen King CPA

    Trustee

    Total calculated
    $0
    Hours/week
    0
  • David Lisonbee

    Trustee

    Total calculated
    $0
    Hours/week
    0

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

Provenance

Return type
form_990
Tax year
2023
Filed
12 November 2024
IRS schema version
2023v5.1
Source object
202403179349302940

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.