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Legacy Foundation Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 351872803 ✦ Merrillville, IN ✦ Designated as a 501(c)(3)

Overview

What is Legacy Foundation Inc?

Legacy Foundation Inc, situated in Merrillville, Indiana, is a nonprofit organization with a mission to distribute grants for community-enhancing projects and charitable purposes. In 2022, they granted a substantial sum of $3,495,080, supporting various charitable organizations with operational costs, equipment, supplies, programming, and services. Furthermore, the foundation awards college scholarships to individuals to assist with post-secondary education expenses. With a small team of 12 employees, Legacy Foundation Inc continues to seek and accept endowments from both public and private sources to expand its philanthropic reach.


Official website here: www.legacyfdn.org

Is Legacy Foundation Inc legitimate?

Legacy Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Legacy Foundation Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $101,802
Professional Fundraising Fees: $0
Other Salaries and Wages: $367,113

For more financial information, click here


Official website here: www.legacyfdn.org

What is the mission statement of Legacy Foundation Inc?

The Legacy Foundation Inc, as per its mission statement, aims to acquire endowments from both public and private sources. The primary objective is to distribute these funds for community-enhancing projects and other charitable purposes. By doing so, the foundation seeks to contribute positively to various communities, providing support for a variety of causes. In 2022, the foundation disbursed a total of 3,495,080 in grants and scholarships. These funds were utilized for operational support, including equipment, supplies, programming, and services to various charitable organizations. Additionally, the foundation awarded college scholarships to individuals to help cover their post-secondary education costs.


Official website here: www.legacyfdn.org

Who is the CEO of Legacy Foundation Inc?

Kelly Anoe is the Chair of Legacy Foundation Inc.


Official website here: www.legacyfdn.org

What is the revenue of Legacy Foundation Inc?

Legacy Foundation Inc's revenue in 2022 was $980,728.


Official website here: www.legacyfdn.org

Who are the executives of Legacy Foundation Inc and what are their salaries?

The average compensation at Legacy Foundation Inc during 2022 was $39,076. There are 12 employees and 50 volunteers at Legacy Foundation Inc.

Here are 21 key members and their salaries:

    Kelly Anoe (President)
  • Compensation: $111,954
  • Related: $0
  • Other: $3,359

    • Carolyn Saxton (Former Presi)
  • Compensation: $103,076
  • Related: $0
  • Other: $3,092

    • Carey Yukich (Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • John Freyek (Vice-Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Matt Doyle (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Karima Hasan Bey (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • James Dunne (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sean Egan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Alfredo Estrada (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Lisa Goodnight (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Gregory Gordon (Immediate Pa) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Stephen Kavois (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Gloria Morris (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Pam Ott (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Chris Salatas (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Verlie Suggs (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ellen Szarleta (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Phil Taillon (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Chelsea Whittington (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Richard Young (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sherri Ziller (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.legacyfdn.org

    Where can I find the form 990 for Legacy Foundation Inc?

    The Legacy Foundation Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.legacyfdn.org

    Learn more at the official website: www.legacyfdn.org

    Mission Statement of Legacy Foundation Inc

    The Legacy Foundation, Inc., as per its mission statement, seeks to acquire endowments from both public and private sources. With these resources, the foundation distributes grants to support various community-enhancing projects and charitable causes. The organization's primary objective is to contribute to the betterment of the community at large, focusing on initiatives that align with its charitable purpose.

    In addition to its grant-distribution role, the Legacy Foundation, Inc., provides operational support to ongoing charitable organizations. This includes funding for equipment, supplies, programming, and services, ensuring that these organizations can continue their vital work in the community. Furthermore, the foundation awards college scholarships to individuals, helping to alleviate the financial burden of post-secondary education. By offering these scholarships, the Legacy Foundation, Inc., plays a significant role in supporting the education and future prospects of numerous individuals.

    Impact

    This information is meant to be a general summary of Legacy Foundation Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Legacy Foundation Inc's impact is significant, as it provided total grants and scholarships in 2022 amounting to $3,495,080. This funding supported various community-enhancing projects and charitable purposes. Additionally, operational support was provided to several charitable organizations, including funding for equipment, supplies, programming, and services. The foundation also awarded college scholarships to individuals to assist with their post-secondary education costs. Legacy Foundation Inc's efforts in distributing grants and scholarships have made a positive impact on the community and contributed to the advancement of individuals through education support.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $-1,943,061
  • Program Service Revenue: $737,322
  • Gross Receipts: $43,144,491

    • Assets and Liabilities:
  • Total Assets: $75,398,108
  • Total Liabilities: $9,975,000
  • Net Assets: $65,423,108
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    PROGRAM SERVICE REVENUE

    Revenue

    $737,322

    Organization Details

    Founding Year

    1992

    Principal Officer

    Kelly Anoe

    Main Address

    370 E 84TH DR STE 100, MERRILLVILLE, IN, 464106643

    NTEE Category

    Code: T310 - Philanthropy

    If you are a representative of Legacy Foundation Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.