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Life Impact Partners 7 LLC

BiotechnologyBiotechnologyPrivate PlacementMedical Devices
๐Ÿ“ Draper, UT, United States
StreetZero Signal 76
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About Life Impact Partners 7 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 up to 50% of AGI with carryforward up to 5 years, supported by full IRS-compliant documentation including K-1s, independent appraisals, and non-profit acknowledgments. The company handles all paperwork, tax filing, and logistics for participants. It is located in Draper, UT and focuses on biotechnology-related medical device 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 via private placement with no investors disclosed.
  • Operates project LLCs for bulk medical device donations to non-profits.
  • Offers up to 50% AGI deduction with 5-year carryforward and full IRS documentation.
  • Handles all logistics, appraisals, and K-1 reporting for participants.

Source document & SEC filing

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