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.
Executive compensation
Form 990 · Part VII & Schedule J · 1 reported individual · Filing year 2023
Percentile bands compare each position's total pay with the same role at Philanthropy, Voluntarism & Grantmaking organizations nationwide.
| Position | Total |
|---|---|
VP of Philan Vice President 25th percentile to median | $38k $41k |
Teal figures restate each filed amount in 2026 dollars.
Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Plus 5 unpaid individuals.
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Top pay as a share of expenses
In 2023, the highest total compensation at LIFE RING FOUNDATION equaled 6% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.
Based on 35,946 philanthropy, voluntarism & grantmaking organizations, each measured at its most recent filing year with reported expenses and compensation.
Funded by
Private foundations whose Form 990-PF Part XV grants matched this organization.
Among peers
Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.
Common questions about LIFE RING FOUNDATION
What does the Vice President of LIFE RING FOUNDATION earn?
In 2023, the Vice President of LIFE RING FOUNDATION received $37,824 in total compensation. This pay is below the median (the midpoint) for Vice President roles among Philanthropy, Voluntarism & Grantmaking organizations nationwide, but above the bottom quarter of comparable filings. Based on IRS Form 990 data.
How does Vice President pay at LIFE RING FOUNDATION compare with similar nonprofits?
Compared with the same role at Philanthropy, Voluntarism & Grantmaking organizations nationwide, the 2023 pay of the Vice President at LIFE RING FOUNDATION falls between the 25th percentile and the median. In 2023, the highest total compensation at LIFE RING FOUNDATION equaled 6% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.
What are LIFE RING FOUNDATION's revenue and expenses?
In 2023, LIFE RING FOUNDATION reported $693k in total revenue and $608k in total expenses on its IRS Form 990.
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