LifePoint strives to meet the highest levels of financial stewardship and accountability. We are proud that 85 percent of all death benefits go to charity. 5% is retained by LifePoint to support smaller, local charities in the Texas region with the balance of 80% of all death benefits going to donor-designated charities.
These figures place LifePoint among the top charities in terms of efficient financial practices.
LifePoint's accounting records are kept in accordance with generally accepted not-for-profit standards. Our board of directors provides financial oversight, approves and reviews an annual budget. A board appointed audit committee, which is independent of management, provides an added level of financial control. LifePoint undergoes an annual financial audit by an independent organization. LifePoint is guided by extensive bylaws and operating policies, including a conflict of interest policy, whistleblower policy, and many others. Compensation of officers is in line with common charity standards.
LifePoint also complies with the ECFA Seven Standards of Financial Stewardship.





