Private foundation · EIN 22-3625576 · Monmouth Junction, New Jersey · Philanthropy & grantmaking

Lifecare Foundation Inc

Should you approach them?

Don't send a cold proposal. The foundation reports that it only gives to preselected organizations; an introduction through a current grantee or board member is the realistic route.

From the 2025 Form 990-PF: 4 grants paid, $3.0M total, median $755K. 50% of grants stayed in New Jersey.

Accepts applications
No
per 990-PF Part XV
Grants paid, 2025
4
$3.0M
Median grant
$755K
Stays in NJ
50%
of grants
Deadline
—
Assets
$62M

How to apply

Contact: Jemo Kang, 4242 Route 1, Monmouth Junction, Nj, 7322741000

Quoted from Part XV of the foundation's 2025 Form 990-PF; the full text is in the filing. Confirm on the foundation's website before you write.

Grants paid in 2025

4 grants, all shown · from Form 990-PF Part XV

RecipientPurposeAmount
Fidelity CharitablePrinceton, NJKang family charitable fund$1.5M
Vanguard Charitable EndowmentBoston, MAKang family charitable fund$1.5M
Korean American Institute of PrincetonPrinceton, NJGeneral support$10K
Penn MedicinePhiladelphia, PAGeneral support$2,000

By state: New Jersey 2 · Massachusetts 1 · Pennsylvania 1

About this foundation

Lifecare Foundation Inc is a private grantmaking foundation in Monmouth Junction, New Jersey, administered in care of Jemo Kang, tax-exempt since 2000. Private foundations must pay out roughly 5% of their assets each year, mostly as grants to 501(c)(3) public charities.

All filings on ProPublica

Does Lifecare Foundation Inc accept grant applications?

No. On its 2025 Form 990-PF the foundation checked that it only makes contributions to preselected organizations. Look for an introduction through a current grantee.

How much does Lifecare Foundation Inc give each year?

In tax year 2025 it paid $3.0M across 4 grants, a median of $755K.

Where does Lifecare Foundation Inc give?

New Jersey (2 grants), Massachusetts (1 grants), Pennsylvania (1 grants), per its latest filing.

More foundations near Monmouth Junction that accept applications

All in New Jersey
FoundationBased inGrants paidMedian grantAccepts applicationsAssets
Robert Wood Johnson Foundationsince 1949 Princeton, NJ $623M3,093 grants · 2024 $40KYes $14B
Geraldine R Dodge Foundation Incorporatedsince 1975 Newark, NJ $11M193 grants · 2024 $25KYes $349M
Merck Company Foundationsince 1959 Rahway, NJ $29M74 grants · 2025 $149KYes $338M
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