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Race For Life Inc. is a private corporation based in ANNAPOLIS, MD. The foundation received its IRS ruling in 2022. It holds total assets of $5.7M. Annual income is reported at $3.8M. PROVIDING AIR TRANSPORT FOR ANIMALS, RESCUING THEM FROM OVERCROWDED SHELTERS WHERE THEY FACE EUTHANASIA, AREAS AFFECTED BY NATURAL DISASTER, AND UNHEALTHY LIVING ENVIRONMENTS TO ADOPTION CENTERS WHERE THEY CAN FIND SAFE, LOVING HOMES. According to available records, Race For Life Inc. has made 10 grants totaling $116K, with a median grant of $8K. Annual giving has decreased from $91K in 2022 to $25K in 2023. Individual grants have ranged from $3K to $28K, with an average award of $12K. The foundation has supported 5 unique organizations. The foundation primarily supports organizations in Michigan, Florida, District of Columbia, which account for 90% of all grants. Grantmaking reaches organizations across 4 states. Contributions to this foundation are tax-deductible.
Race for Life did not condcut charitable activities during 2021 since it was just formed on November 24, 2021.
PROVIDING AIR TRANSPORT FOR ANIMALS, RESCUING THEM FROM OVERCROWDED SHELTERS WHERE THEY FACE EUTHANASIA, AREAS AFFECTED BY NATURAL DISASTER, AND UNHEALTHY LIVING ENVIRONMENTS TO ADOPTION CENTERS WHERE THEY CAN FIND SAFE, LOVING HOMES. Based on available records, the foundation has funded 10 grants. Its grantmaking reaches organizations primarily in MI, FL, DC.
Race For Life Inc. has distributed a total of $116K across 10 grants. The median grant size is $8K, with an average of $12K. Individual grants have ranged from $3K to $28K.
Race For Life Inc. typically selects its grantees rather than accepting unsolicited proposals.
Race For Life Inc. is headquartered in ANNAPOLIS, MD. While based in MD, the foundation distributes grants to organizations across 4 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Bianca Smith | EXECUTIVE DIRECTOR | $120K | $10K | $130K |
| Patricia Meehan | SECRETARY | $33K | $0 | $33K |
| James Defrancesco | PRESIDENT | $0 | $0 | $0 |
| Dennis Warnke | TREASURER | $0 | $0 | $0 |
Total Giving
$2.3M
Total Assets
$7.3M
Fair Market Value
$7.3M
Net Worth
$7.3M
Grants Paid
$25K
Contributions
$110K
Net Investment Income
$157K
Distribution Amount
$0
Total: $0
Total Grants
10
Total Giving
$116K
Average Grant
$12K
Median Grant
$8K
Unique Recipients
5
Most Common Grant
$5K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Bissell Pet FoundationGENERAL DONATIONS FOR THE OPERATIONS OF THE NONPROFIT | Grand Rapids, MI | $20K | 2023 |
| Catch A Lift FundGENERAL DONATIONS FOR THE OPERATIONS OF THE NONPROFIT | Timonium, MD | $5K | 2023 |
| Big Dog Ranch RescueGENERAL DONATIONS FOR THE OPERATIONS OF THE NONPROFIT | Loxahatchee Groves, FL | $11K | 2022 |
| Greater Hillsdale Humane SocietyGENERAL DONATIONS FOR THE OPERATIONS OF THE NONPROFIT | Osseo, MI | $5K | 2022 |
| Animal Rescue CorpsGENERAL DONATIONS FOR THE OPERATIONS OF THE NONPROFIT |
| Washington, DC |
| $3K |
| 2022 |
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