Foundation For A Lifetime in Portland, Oregon (OR)

Foundation For A Lifetime
Employer Identification Number (EIN)	203364545
Name of Organization	Foundation For A Lifetime
In Care of Name	Eddie Passadore
Address	C/O 1805 Sw Montgomery Dr, Portland, OR 97201
Subsection	Charitable Organization
Ruling Date	04/2006
Deductibility	Contributions are deductible
Foundation	Organization which receives a substantial part of its support from a governmental unit or the general public
Organization	Corporation
Exempt Organization Status	Unconditional Exemption
Tax Period	12/2014
Assets	$10,000 to $24,999
Income	$1 to $9,999
Filing Requirement	990 - Required to file Form 990-N - Income less than $25,000 per year
Asset Amount	$13,561
Amount of Income	$8,453
Form 990 Revenue Amount	$8,453
National Taxonomy of Exempt Entities (NTEE)	Medical Research: Heart, Circulatory Research

Non-representatives - add comments:

Amount of income in 2014: $8,453 (it was $500 in 2013)

This organization:	$8,453
Other organizations performing similar types of work:	$2,488,143

Assets in 2014: $13,561 (it was $6,607 in 2013)

This organization:	$13,561
Other organizations performing similar types of work:	$1,549,510

Expenses in 2013: $1,791

This organization:	$1,791
Other organizations performing similar types of work:	$2,139,280

Income to expenses ratio in 2013: 4.7

This organization:	4.7
Other organizations performing similar types of work:	1.6

Grants share in income in 2013: 100.0%

Foundation For A Lifetime:	100.0%
Other organizations performing similar types of work:	74.0%

Financial snapshot ($)

Support schedule

	2011	2012	2013
Revenue, Expenses, and Changes in Net Assets or Fund Balances
Total revenue	$10,155	$0	$500
Contributions, gifts, grants, and similar amounts received	$10,155	$0	$500
Program service revenue including government fees and contracts	$0	$0	$0
Membership dues and assessments	$0	$0	$0
Investment income	$0	$0	$0
Gain/Loss from sale of assets other than inventory	$0	$0	$0
Net income/loss from gaming and fundraising events	$0	$0	$0
Gross profit/loss from sales of inventory	$0	$0	$0
Other revenue	$0	$0	$0
Total expenses	$16,627	$5,365	$1,791
Total net assets	$13,263	$7,898	$6,607
Excess/Deficit for the year	$-6,472	$-5,365	$-1,291
Net assets or fund balances at beginning of year	$19,735	$13,263	$7,898
Other changes in net assets or fund balances	$0	$0	$0
Net assets or fund balances at end of year		$7,898	$6,607

	2011	2012	2013
Balance Sheets
Total assets	$13,263	$7,898	$6,607
Total liabilities	$0	$0	$0
Net assets or fund balances	$13,263	$7,898	$6,607

	2011	2012	2013
Other Information
Did the organization engage in any significant activity not previously reported to the IRS?		No	No
Were any significant changes made to the organizing or governing documents?		No	No
Did the organization have unrelated business gross income of $1,000 or more during the year from business activities	No	No	No
Has the organization filed a Form 990-T for the year?		No	No
Did the organization undergo a liquidation, dissolution, termination, or significant disposition of net assets during the year?		No	No
Amount of political expenditures, direct or indirect		$0	$0
Did the organization file Form 1120-POL for this year?		No	No
Did the organization borrow from, or make any loans to, any officer, director, trustee, or key employee or were any such loans made in a prior year and still outstanding at the end of the tax year covered by this return?		No	No
Total amount involved		$0	$0
Initiation fees and capital contributions	$0	$0	$0
Gross receipts for public use of club facilities	$0	$0	$0
Did the organization engage in any section 4958 excess benefit transaction during the year, or did it engage in an excess benefit transaction in a prior year that has not been reported on any of its prior Forms 990 or 990-EZ?		No	No
At any time during the tax year, was the organization a party to a prohibited tax shelter transaction?		No	No

Reason for Public Charity Status (for 2013)
The organization is not a private foundation because it is:	An organization that normally receives a substantial part of its support from a governmental unit or from the general public described in section 170(b)(1)(A)(vi)
Number of organizations supported	0
Sum of amounts of support	$0

	2009 - 2013 Total
Support Schedule for Organizations Described in Sections 170(b)(1)(A)(iv) and 170(b)(1)(A)(vi) (for 2009 - 2013)
Public Support	$51,045
Subtotal Support	$51,045
Gifts, grants, contributions, and membership fees received	$51,045
Tax revenues levied for the organization's benefit and either paid to or expended on its behalf	$0
The value of services or facilities furnished by a governmental unit to the organization without charge	$0
The portion of total contributions by each person (other than a governmental unit or publicly supported organization) that exceeds 2% of the total support	$0
Total Support	$78,275
Public Support	$51,045
Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources	$23,230
Net income from unrelated business activities, whether or not the business is regularly carried on	$0
Other income. Do not include gain or loss from the sale of capital assets	$4,000
Gross receipts from related activities, etc.	$0

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Id	Name	Address	State	Established	Total Income
Organizations performing similar types of work
1	Miami Heart Research Institute Inc, Florida Heart Research Institute	4770 Biscayne Blvd Ste 500, Miami, FL 33137-3228	FL	1957-11	$39,827,321
2	Texas Heart Institute	PO BOX 20345, Houston, TX 77225-0345	TX	1964-05	$34,583,007
3	Hope Heart Institute	1380 112th Ave Ne Ste 200, Bellevue, WA 98004-3759	WA	1981-05	$2,488,143
4	Cvpath Institute Inc	19 First Field Road, Gaithersburg, MD 20878-1791	MD	2007-02	$11,073,821
5	New York Heart Research Foundation Inc	200 Old Country Rd Ste 260, Mineola, NY 11501-4240	NY	2004-08	$493,340
6	Cardiometabolic Disease Research Foundation	5304 North Clover Drive, Memphis, TN 38120	TN	2008-08	$369,859
7	Foundation For A Lifetime	C/O 1805 Sw Montgomery Dr, Portland, OR 97201	OR	2006-04	$8,453
8	Florida Cardiovascular Institute Research Foundation Inc, Florida Cardiovascular Institute Research Foundation	509 South Armenia Avenue Suite 200, Tampa, FL 33609-3395	FL	2002-12	$0
9	Right To Health Inc	Po Box 2293, Clackamas, OR 97015	OR	2008-07	$0

Number of organizations performing similar types of work

Florida	2
Maryland	1
New York	1
Oregon	2

Tennessee	1
Texas	1
Washington	1

Total

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