One Life Foundation Inc
Preselected recipients only
One Life Foundation Inc is a private foundation in Lexington, Massachusetts. In tax year 2023 it gave $2.3 million in 5 grants; the typical grant was $218,788 and the largest $1.2 million. It only gives to organizations it selects itself and does not accept unsolicited applications.
From its IRS Form 990-PF for tax year 2023.
- Grants paid, 2023$2.3 million
- Number of grants5
- Typical grant$218,788
- Largest grant$1.2 million
- Assets$61.3 million
- New grantees50%
Giving in 2023 was down from $2.4 million the year before.
50% of its 2023 grantees had not received a grant from it the year before, a sign it is open to new organizations.
Giving by year
| Tax year | Grants paid | Number of grants | Assets |
|---|---|---|---|
| 2020 | $1.6 million | 3 | $56.5 million |
| 2022 | $2.4 million | 1 | $44.9 million |
| 2023 | $2.3 million | 5 | $61.3 million |
How to apply
One Life Foundation Inc says in its IRS filing that it only makes contributions to preselected organizations, so unsolicited applications are unlikely to be considered. Organizations it funds are usually invited.
Where it gives
Its grants went to recipients in 2 states, the most to Ohio.
| State | Grants | Amount |
|---|---|---|
| Ohio | 3 | $2.3 million |
| Massachusetts | 2 | $12,500 |
Grants paid in 2023
| Recipient | Purpose | Amount |
|---|---|---|
| Fidelity Charitable Gift Fund | Charitable purposes | $1.2 million |
| Fidelity Charitable Gift Fund | Charitable purposes | $850,000 |
| Fidelity Charitable Gift Fund | Charitable purposes | $218,788 |
| Anikayaakhra Inc | Charitable purposes | $10,000 |
| Anikayaakhra Inc | Charitable purposes | $2,500 |
Officers and trustees
- Dr Suri A Sastri
- Malini Sastri
- Candace J Sastri
- Rakhal Dev Sastri
Questions people ask
Does One Life Foundation Inc accept grant applications?
No. Its IRS filing says it only makes contributions to preselected organizations.
How much does One Life Foundation Inc give?
$2.3 million in tax year 2023, across 5 grants, with a typical grant of $218,788.
Who runs One Life Foundation Inc?
Its 2023 filing lists Dr Suri A Sastri (President), Malini Sastri (Secretary), Candace J Sastri (Director) and Rakhal Dev Sastri (Treasurer).