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Filing year 2024

Lifecare Foundation Inc

Monmouth Junction, New Jersey·EIN 22-3625576·NTEE T22 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
$12.3M
Total assets
$56.4M
Total expenses
$2.7M
Reported officers
4

Reported officers (all unpaid)

No paid executives reported in 2024. Lifecare Foundation Inc reported 4 unpaid officers and board members on its 990-PF.

Director
Director
Director
Director

Grants paid

Itemized grants reported on this foundation's 2024 Form 990-PF, Part XV.

Total granted

$2.1M

Itemized grants

8

Median grant

$8k

RecipientLocationPurposeAmount
FIDELITY CHARITABLECINCINNATI, OHKANG FAMILY CHARITABLE FUND$1.1M
VANGUARD CHARITABLE FUNDBOSTON, MATHE KANG FAMILY CHARITABLE FUND$1M
Princeton Korean ChurchPrinceton, NJGeneral SUPPORT$20k
KOREAN AMERICAN INSTITUTE OF PRINCETONPRINCETON, NJGENERAL$10k
Michael KimMonmouth Jct, NJscholarship$5k
Syngman Rhee Memorial FoundationPLYMOUTH MEETING, PAGENERAL SUPPORT$3k
PENN MEDICINEPHILADELPHIA, PAGENERAL$2k
Jeremy ChoiMONMOUTH JUNCTION, NJScholarship PAID TO KAREN DON$2k
Financial trend

Revenue and expenses over time

Lifecare Foundation Inc reported revenue and expenses across 2 filing years.

RevenueExpenses
$11.5M
$2M
2023
$12.3M
$2.7M
2024
Total revenue and total expenses from IRS Form 990 filings.

This is a private foundation. Peers are foundations of similar asset size ($50M - $150M), because foundation pay scales with assets under management, not revenue.

Sector benchmark

What Philanthropy, Voluntarism & Grantmaking executives earn in New Jersey

Lifecare Foundation Inc reported no executive compensation in its latest filing. For context, the highest-paid executive at a comparable philanthropy, voluntarism & grantmaking organization in New Jersey earns a median of $24,000.

25th percentile
$10k
Median
$24,000
75th percentile
$63k
90th percentile
$178k

These are philanthropy, voluntarism & grantmaking sector-wide figures, not this organization's reported pay. Based on 688 organizations across 688 filings (2022 – 2024).

See full Philanthropy, Voluntarism & Grantmaking pay data for New Jersey
FAQ

Common questions about Lifecare Foundation Inc

What are Lifecare Foundation Inc's revenue and expenses?

In 2024, Lifecare Foundation Inc reported $12.3M in total revenue and $2.7M in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size ($50M - $150M), because foundation pay scales with assets under management, not revenue.