Virginia · Nonprofit
LIFE AND HEALTH INSURANCE FOUNDATION FOR EDUCATION
LIFE AND HEALTH INSURANCE FOUNDATION FOR EDUCATION (Virginia) receives grants from 5 organizations whose IRS filings report $1,616,123 to it, the largest being MILLION DOLLAR ROUND TABLE ($1,250,000). 4 of them have funded it in more than one year.
- Revenue FY2024
- $1.4M
- Funders on record
- 5
- Grants received
- $1.6M
- Net assets
- $-1449033
What Life and Health Insurance Foundation for Education does
Mission
Life happens is a nonprofit organization dedicated to helping consumers take personal financial responsibility through the ownership of life insurance and related products. The organization does not endorse any product, company, or insurance advisor. Since its inception in 1994, life happens has provided the highest quality, independent and objective information for people seeking help with their insurance buying decisions. The organization is on the leading edge of technology innovation to support the insurance industry by providing marketing and social-media tools and resources through its proprietary life happens pro digital platform. In addition, it convenes the industry each september for life insurance awareness month, which it created in 2004. Life happens is supported by more than 140 of the nation's leading insurance company and financial services organizations. To learn more, visit www.lifehappens.org.
As stated on its FY2024 Form 990.
Programs
Media and public relations - the foundation and its media relations team worked on keeping the public informed on the value of insurance. Its usage of awareness have greatly increased the coverage of the foundation's programs and educational pieces receive.
The foundation's advertising outreach is an effort to educate consumers and energize the field. We advertise on consumer websites with digital advertisements featuring stories from the awareness month campaign, real life stories or life lessons programs. These ads appeared on the following websites: hulu, youtube, aol, and many other online sites and social media platforms.
Digital platform - the foundation's newly launched platform which provides all the foundation's resources in a digital format to be used by insurance companies and agents in educating consumers about life insurance and its related products.
The 3 programs described on its FY2024 Form 990, listed largest first by expense.
The organization over time
Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2022 to 2023, from $2.9M to $339k (−88%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
Government-grant reliance: 2021 8% · 2022 15%. Grants only. Government contracts and fees sit inside program revenue.
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 4 of the last 8 reported years ran a deficit.
reserve
Leadership and staff
The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.
Board chair
Barb Pietrangelo
Chair
As listed on its FY2024 Form 990.
Who funds it, year by year
2017 → 2022: the base narrowed from 5 funders to 2 funders, grant income fell $858k → $57k.
From the IRS filings of LIFE AND HEALTH INSURANCE FOUNDATION FOR EDUCATION’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How concentrated its funding is
LIFE AND HEALTH INSURANCE FOUNDATION FOR EDUCATION leans on a few funders — its largest provides 77% of grant income and the top three 96%; half comes from just 1 funder.
the vertical line marks half of all grant income — 1 funder to its left
98% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund LIFE AND HEALTH INSURANCE FOUNDATION FOR EDUCATION.
Largest funder’s share by year: 2017 87% · 2018 57% · 2019 57% · 2020 38% · 2021 91% · 2022 61% — diversifying over time.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Where its funders are
LIFE AND HEALTH INSURANCE FOUNDATION FOR EDUCATION draws 100% of its grant income from funders outside Virginia, across 3 states in all.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Organizations like LIFE AND HEALTH INSURANCE FOUNDATION FOR EDUCATION
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In Virginia
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Governance
Footprint & structure
Part of a family of 2 related entities
- The Life Fund · exempt
- National Association of Insurance and Financial Advisors · exempt
Screen this organization
A dated, signed PDF of the compliance screen for LIFE AND HEALTH INSURANCE FOUNDATION FOR EDUCATION: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds LIFE AND HEALTH INSURANCE FOUNDATION FOR EDUCATION?
- LIFE AND HEALTH INSURANCE FOUNDATION FOR EDUCATION (Virginia) receives grants from 5 organizations whose IRS filings report $1,616,123 to it, the largest being MILLION DOLLAR ROUND TABLE ($1,250,000). 4 of them have funded it in more than one year.
- How many funders does LIFE AND HEALTH INSURANCE FOUNDATION FOR EDUCATION have?
- IRS filings report 5 organizations giving $1,616,123 in grants to LIFE AND HEALTH INSURANCE FOUNDATION FOR EDUCATION, 4 of which have funded it in more than one year.
- Who is the largest funder of LIFE AND HEALTH INSURANCE FOUNDATION FOR EDUCATION?
- MILLION DOLLAR ROUND TABLE is the largest funder on record, with $1,250,000 in grants. The full list of funders is on this page.
- How can an organization like LIFE AND HEALTH INSURANCE FOUNDATION FOR EDUCATION find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Virginia. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
Play a game about who funds Life and Health Insurance Foundation for Education →
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 5 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing