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Life Impact Partners 3 LLC

BiotechnologyBiotechnologyMedical DevicesDonation Program
๐Ÿ“ Draper, UT, USA
StreetZero Signal 76
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About Life Impact Partners 3 LLC

Life Impact Partners operates a program where donors participate in dedicated LLC partnerships that purchase medical devices at negotiated bulk rates and donate them at fair market value to qualified non-profits. This structure enables donors to claim deductions exceeding their contributions, with up to 50% AGI deduction, carry-forward up to 5 years, and full IRS-compliant documentation including K-1s and appraisals. The company handles all paperwork, tax filing, and logistics for participants. The model addresses gaps in medical device access for children and families through non-profit donations.

LATEST FUNDINGPrivate Placement
$5.0M
Announced 2026-11-06
TOTAL RAISED$5,000,000
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Investors

Not disclosed in the source filing. Form D filings do not list investors โ€” StreetZero surfaces them from news where available.

Key highlights

  • Raised $5M through private placement for Life Impact Partners 3 LLC.
  • Operates LLC-based medical device donation program for tax deductions.
  • Provides IRS-compliant documentation and handles all logistics for donors.
  • Targets non-profit distribution of devices to underserved families and children.

Source document & SEC filing

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