One Life Foundation Inc
- Assets
- $0.0
- Revenue
- $2.0m
- Investments
- $12.3m
- Employees
- 0
- Location
- Lexington, MA
- Founding
- 06/2008
- Data as of
- 10/2020
- EIN
- 26-1524748
Organization Overview
One Life Foundation Inc is located in Lexington, MA. The organization was established in 2008. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. One Life Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 10/2020, One Life Foundation Inc generated $2.0m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 26.0% each year . All expenses for the organization totaled $1.4m during the year ending 10/2020. While expenses have increased by 6.2% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, One Life Foundation Inc has awarded 22 individual grants totaling $4,422,934. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2020
Describe the Organization's Program Activity:
Part 3 - Line 4a
ACTIVITIES THAT SUPPORT ONE LIFE FOUNDATION'S VISION TO BETTER ALL ASPECTS OF LIFE FOR EARTH DWELLERS.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dr Suri A Sastri Director | 0 | $0 | |
Malini Sastri Director | 0 | $0 | |
Rakhal Dev Sastri Director | 0 | $0 | |
Candace J Sastri Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $265,431 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $1,956,783 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Pension plans, employee benefits | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Total operating and administrative expenses | $29,593 |
| Contributions, gifts, grants paid | $1,334,234 |
| Total expenses and disbursements | $1,363,827 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Other assets | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
Grants Awarded
Over the last fiscal year, One Life Foundation Inc has awarded $1,334,234 in support to 14 organizations.
| Grant Recipient | Amount |
|---|---|
FIDELITY CHARITABLE GIFT FUND PURPOSE: CHARITABLE PURPOSES | $1,325,224 |
DOCTORS WITHOUT BORDERS PURPOSE: CHARITABLE PURPOSES | $3,000 |
PROJECT HOPE PURPOSE: CHARITABLE PURPOSES | $2,000 |
Chicago, IL PURPOSE: CHARITABLE PURPOSES | $1,000 |
CARE PURPOSE: CHARITABLE PURPOSES | $750 |
INTERNATIONAL FUND FOR ANIMAL WELFA PURPOSE: CHARITABLE PURPOSES | $510 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
John R Oishei Foundation Buffalo, NY | $294,151,477 | $18,357,929 |
American Express Foundation New York, NY | $66,234,265 | $62,922,703 |
Essel Foundation Inc Purchase, NY | $100,106,056 | $12,292,478 |
Beth And Ravenel Curry Foundation New York, NY | $0 | $44,744,046 |
Kz Family Foundation New York, NY | $10,936,301 | $30,139,672 |
The Freeman Foundation P-01644-00-7 New York, NY | $343,405,683 | $35,941,951 |
Hearst Foundation Inc New York, NY | $439,249,947 | $42,040,987 |
Tansy Charitable Foundation New York, NY | $325,076,608 | $77,631,295 |
Eastern Bank Charitable Foundation Lynn, MA | $286,575,476 | $18,352,628 |
G Harold And Leila Mathers Charitable Foundation Rye Brook, NY | $96,045,942 | $16,941,265 |
Elms Foundation Providence, RI | $0 | -$22,907 |
Thomas L Kempner Jr Foundation Inc Southampton, NY | $328,355,645 | $44,754,721 |