Padilla And Leininger Legacy Foundation

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

EIN: 863150001 ✦ Mcgregor, TX ✦ Designated as a 501(c)(3)

Overview

What is Padilla And Leininger Legacy Foundation?

The Padilla and Leininger Legacy Foundation, established in Texas, is a charitable organization with a mission to aid disadvantaged communities, at-risk youth, and single mothers. Operating from McGregor, Texas, the foundation's strategy involves identifying and granting funds to other tax-exempt charitable organizations. Their goal is to support programs that foster the development and wellbeing of these targeted groups. Due to its recent formation, the foundation did not initiate any direct service work in 2022 but anticipates commencing grant distributions by the end of 2023.


Is Padilla And Leininger Legacy Foundation legitimate?

Padilla And Leininger Legacy Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Padilla And Leininger Legacy Foundation 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


What is the mission statement of Padilla And Leininger Legacy Foundation?
Who is the CEO of Padilla And Leininger Legacy Foundation?
What is the revenue of Padilla And Leininger Legacy Foundation?
Who are the executives of Padilla And Leininger Legacy Foundation and what are their salaries?
Where can I find the form 990 for Padilla And Leininger Legacy Foundation?

Mission Statement of Padilla And Leininger Legacy Foundation

The Padilla and Leininger Legacy Foundation, established with the purpose of providing resources, is dedicated to supporting at-risk youth, single mothers, and disadvantaged communities. Its mission is to alleviate the hardships faced by these groups by identifying and distributing grants to other tax-exempt charitable organizations that offer programs and services designed for their development. As a relatively new organization, the Padilla and Leininger Legacy Foundation was unable to initiate direct program service work in 2022. However, the foundation anticipates commencing the disbursement of grants in the fourth quarter of 2023, illustrating its commitment to uplifting and empowering these vulnerable populations.

Impact

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




Wednesday, July 24, 2024

The Padilla And Leininger Legacy Foundation's impact is centered around providing resources for at-risk youth, single mothers, and disadvantaged communities. The foundation's mission is to offer relief to the poor, distressed, and underprivileged individuals. While the organization was not able to initiate direct program services in 2022 due to being newly formed, it aims to begin making grants in the fourth quarter of 2023. Through identifying and supporting other tax-exempt charitable organizations that cater to the development of these vulnerable groups, the foundation strives to make a meaningful difference in the lives of those in need.





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: $-26,290
  • Program Service Revenue: $0
  • Gross Receipts: $772,097

    • Assets and Liabilities:
  • Total Assets: $461,015
  • Total Liabilities: $0
  • Net Assets: $461,015
  • Organization Details

    Founding Year

    2021

    Principal Officer

    Jose Padilla

    Main Address

    723 WHEATLAND DR, MCGREGOR, TX, 76657

    NTEE Category

    Code: T30 - Philanthropy

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