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Filing year 2024

The New Life Foundation

Vienna, Virginia·EIN 38-3835125·NTEE T22 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
$11k
Total assets
$172k
Total expenses
$53k
Reported officers
4

Reported officers (all unpaid)

No paid executives reported in 2024. The New Life Foundation reported 4 unpaid officers and board members on its 990-PF.

Vice President
President
Secretary
Treasurer

Grants paid

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

Total granted

$51k

Itemized grants

16

Median grant

$3k

RecipientLocationPurposeAmount
Little Light Urban MinistriesWashington, DCAfter school program$8k
The Bridge USVienna, VATo provide small grantsto prospective businessesin developing countries$5k
Good SpoonAlexandria, VATo support Christian mission for low income Hispanic residentsin Washington DC Metropolitan area$5k
Heart of God Africa FoundationMetuchen, NJTo support buildingChristian Schools in Accra, Ghana$5k
Seed USALa Mirada, CATo support missionary workin Uganda and Providecomputers.$4k
Washington Korean Baptist ChurchSilver Spring, MDTo support missionary workin Germany for refugees fromMiddle East$4k
Virginia Rock Church (Banseok Church)Virginia Beach, VATo support missionary work forNortheast Asia by Rev. and Mrs. Kyung Soo Moon.$4k
MKPCUSA for Children Education FellowshipDacula, GATo support Christianeducation of childrenvia art$3k
Pomona CollegeClaremont, CASchloarship to Kaylapark to support hercollege education$3k
Washington Mindcare InstituteFairfax, VATo support counseling services, childcare program for victims of domesticviolence and mentoring tutor porgram.$3k
Cross Wilderness MissionGainsville, VATo support ChristianMissionary workfor homeless people in DC$3k
Lawndale Community ChurchChicago, ILTo support churchgeneral administration expenses.$3k
2Twenty ClubBurke, VATo provide food to needy school childrenin Northern Virginia$2k
Parkview United Methodist ChurchMiamisburg, OHTo support schlolarshipto Sung Kyoon Park forUnited Theology Seminary School$0
The Korean Church of QueensElmhurst, NYTo support missionarywork in China byRev and Mrs Rev. and Mrs. Kyung Soo Moon.$0
KPCADacula, GATo support Christian missionary forevangelism and educationof children via art.$0
Compare this foundation's grantees
Financial trend

Revenue and expenses over time

The New Life Foundation reported revenue and expenses across 2 filing years.

RevenueExpenses
$18k
$39k
2023
$11k
$53k
2024
Total revenue and total expenses from IRS Form 990 filings.

This is a private foundation. Peers are foundations of similar asset size (Under $1M), because foundation pay scales with assets under management, not revenue.

Sector benchmark

What Philanthropy, Voluntarism & Grantmaking executives earn in Virginia

The New Life Foundation reported no executive compensation in its latest filing. For context, the highest-paid executive at a comparable philanthropy, voluntarism & grantmaking organization in Virginia earns a median of $35,000.

25th percentile
$9k
Median
$35,000
75th percentile
$95k
90th percentile
$223k

These are philanthropy, voluntarism & grantmaking sector-wide figures, not this organization's reported pay. Based on 475 organizations across 475 filings (2021 – 2024).

See full Philanthropy, Voluntarism & Grantmaking pay data for Virginia
FAQ

Common questions about The New Life Foundation

What are The New Life Foundation's revenue and expenses?

In 2024, The New Life Foundation reported $11k in total revenue and $53k in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size (Under $1M), because foundation pay scales with assets under management, not revenue.