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The Lightspeed Foundation
Princeton, NJ • $2.1B Assets • 2024 Data
At a Glance
The Lightspeed Foundation is a major health-focused philanthropic organization with $2.1 billion in assets, headquartered in Princeton, NJ. The foundation has established itself as a leading voice in health equity and social determinants of health, with a strong track record of supporting evidence-based research and policy initiatives.
With an impressive approachability score of 94/100, the foundation demonstrates exceptional openness to new applicants, particularly welcoming 23% new grantees annually—well above the philanthropic sector average. Their commitment to expanding their grantee network reflects a strategic focus on discovering innovative approaches to health challenges.
The foundation's giving strategy has evolved significantly, particularly post-2020, with increased emphasis on health equity (42% of total giving) and social determinants of health. They maintain a national geographic focus while showing growing investment in Southeast states and rural health initiatives, demonstrating responsiveness to emerging health disparities.
Under the leadership of CEO Dr. Jane Smith and President Richard Carlson, the foundation awarded a record $356M in grants in 2023, supporting 342 organizations with a median grant size of $125K. Their funding spans from $50K community initiatives to multi-million dollar research partnerships with institutions like Harvard T.H. Chan School of Public Health.
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