Legacy Foundation
- Assets
- $1.4m
- Revenue
- $115.6k
- Investments
- $1.3m
- Employees
- 0
- Location
- Plymouth Meeting, PA
- Founding
- 06/2004
- Data as of
- 12/2022
- EIN
- 20-0520075
Organization Overview
Legacy Foundation is located in Plymouth Meeting, PA. The organization was established in 2004. According to its NTEE Classification (T22) the organization is classified as: Private Independent Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Legacy Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Legacy Foundation generated $115.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (3.1%) each year. All expenses for the organization totaled $142.4k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Legacy Foundation has awarded 90 individual grants totaling $545,148. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
N/A
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael Piotrowicz President | 0.5 | $0 | |
Pamela Piotrowicz Vice President | 0.25 | $0 | |
Jane Evans Secretary And Treasurer | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $61,662 |
| Interest on Savings | $0 |
| Dividends & Interest | $25,783 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$5,850 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $34,000 |
| Total Revenue | $115,595 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $3,699 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $69,429 |
| Total operating and administrative expenses | $78,478 |
| Contributions, gifts, grants paid | $63,970 |
| Total expenses and disbursements | $142,448 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $36,574 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $1,336,642 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,373,216 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Legacy Foundation has awarded $63,970 in support to 11 organizations.
| Grant Recipient | Amount |
|---|---|
ANGEL FLIGHT EAST PURPOSE: PROGRAM OFFERS FREE AIR TRANSPORTATION FOR NEEDY ADULTS AND CHILDREN FOR MEDICAL OR COMPASSION FLIGHTS. | $5,000 |
BRYN MAWR HOSPITAL-COMMUNITY HEALTH SERVICES PURPOSE: ADOPT-A-FAMILY PROGRAM, WHICH PURCHASES GIFTS AND NECESSITIES FOR UNDERPRIVILEGED FAMILIES. | $2,000 |
CROHNS & COLITIS FOUNDATION OF AMERICA PURPOSE: CHILDREN'S ACTIVITIES AT ANNUAL TAKE STEPS FESTIVAL/WALK. PROCEEDS RAISED FROM THE EVENT SUPPORT RESEARCH TOWARDS A CURE FOR CROHN'S DISEASE AND ULCERTIVE COLITIS. | $2,500 |
GARAGE COMMUNITY & YOUTH CENTER PURPOSE: SUPPORTS YOUTH CENTER THAT PROVIDES AFTER-SCHOOL ACTIVITIES FOR UNDERPRIVILEGED MIDDLE AND HIGH SCHOOL STUDENTS. | $7,970 |
NATIVITY MIGUEL SCHOOL OF SCRANTONWILKES-BARRE PURPOSE: SPONSOR A STUDENT SCHOLARSHIP PROGRAM. | $10,000 |
GRACE BAPTIST CHURCH PURPOSE: TO SEND UNDERPRIVILEGED CHILDREN TO VACATION BIBLE SCHOOL. | $1,500 |