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Generous Life Inc

EIN 82-2393529 · Ridgefield, CT

Public records show a registered, tax-exempt organization in good standing.

LegitimacyPassesRegistration and standingFinancial healthWeak37 out of 100GovernanceGood80 out of 100Impact evidenceDescribes programsHow well its results are evidenced

What it says it does

We strive to multiply charitable resources by inspiring a culture of radical generosity in global markets, starting with New York City. We will awaken the hearts of those with capacity, and teach the next generation to give with purpose.

Income
$1.3 million
Spending
$1.3 million
Spent on programs
85%
Reserves
0.9 months of spending
Largest source of income
donations and private grants, 100%
Employees
3
Highest pay
$94,294, board member

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Financial health

Weak: 37 out of 100. Higher than 4% of charities in its peer group (philanthropy, $1m to $10m).

  • Reserves

    4 of 35

    Spendable reserves would cover 0.9 months of spending.

  • Debt

    10 of 20

    It owes 30% of what it owns.

  • Living within its means

    8 of 15

    Spending exceeded income by 4% of income.

  • Income trend

    0 of 15

    Income fell 28% on the year before.

  • Spending floor

    15 of 15

    85% of spending went to programs and raising each dollar of donations cost 0 cents.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Governance

Good: 80 out of 100. Higher than 33% of charities in its peer group (philanthropy, $1m to $10m).

  • Independent board

    25 of 25

    9 of 9 voting board members are independent.

  • Conflict of interest policy

    15 of 15

    Has a written conflict of interest policy.

  • Whistleblower policy

    0 of 8

    Reports no written whistleblower policy.

  • Record keeping policy

    0 of 7

    Reports no written policy on keeping and destroying records.

  • Board minutes

    5 of 5

    Keeps minutes of board meetings.

  • Board sees the tax return

    10 of 10

    Gave the board a copy of this return before filing it.

  • Pay set independently

    0 of 5

    Reports no independent review process for its chief executive's pay.

  • Independent check of accounts

    15 of 15

    Its accounts were audited by an independent accountant.

  • No reported misuse

    10 of 10

    Reports no diversion of assets, excess benefits or loans to insiders.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Impact evidence

Describes programs. Its tax return describes what it does but we have found no measurable results in it.

Programs described in its return (2)
  1. $1.1 million spent. GENEROUS LIFE CREATES EXPERIENCES AROUND CHARITABLE GIVING THAT ARE FUN, INFORMED, AND EXPERIENTIAL THAT ARE MEANT TO UNLOCK THE JOY OF GENEROSITY FOR TODAY'S GIVER. THESE EXPERIENCES ARE DELIVERED IN 3 WAYS: 1) CURATED EVENTS THAT PROVIDE A SPACE FOR SAFE, INTELLECTUAL, EXCLUSIVE, AND EXPERIENTIAL LEARNING AND DEVELOPMENT; 2) UNIQUE CONTENT THAT IS RELEVANT, CUTTING EDGE, AND ENTERTAINING EQUIPPING FAMILIES WITH INFORMATION ON WHY TO GIVE, HOW TO GIVE WELL, AND WHERE TO GIVE FOR MAXIMUM IMPACT; 3) PHILANTHROPIC COUNSEL THAT IS SOPHISTICATED AND CUSTOMIZED TO EACH FAMILY, REPRESENTING SOLUTIONS TO MAXIMIZE FAMILY LEGACY AND IMPACT.
  2. Generous.Life is a platform intended to reach, transform, and serve LEADERS IN COMMUNITIES ACCROSS THE COUNTRY BY MAXIMIZING THE SOCIAL IMPACT OF THE CHARITABLE CAPITAL THEY RECEIVE AND INCREASE THE GENEROSITY OF THEIR NETWORK.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Legitimacy checks

  1. Is it registered with the IRS? Passed.

    Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  2. Has the IRS revoked its tax-exempt status? Passed.

    Not on the IRS automatic revocation list.

    Source: Automatic revocation of exemption list, Internal Revenue Service, file dated November 6, 2026.

  3. Are donations tax-deductible? Passed.

    On the IRS list of organizations eligible to receive tax-deductible contributions.

    Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.

  4. Is it keeping up with its IRS filings? Passed.

    Most recent return on file covers the year ending December 2024.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  5. How long has it been tax-exempt? Passed.

    Recognized by the IRS since March 2019.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  6. Is it in good standing with state regulators? Passed.

    Not on California's list of charities barred from soliciting. Other states are not yet checked.

    Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated November 4, 2026.

Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.