Hand And Dove Legacy Foundation
- Assets
- $3.9m
- Revenue
- $186.0k
- Investments
- $3.9m
- Employees
- 0
- Location
- Corpus Christi, TX
- Founding
- 09/2017
- Data as of
- 06/2021
- EIN
- 82-1690924
Organization Overview
Hand And Dove Legacy Foundation is located in Corpus Christi, TX. The organization was established in 2017. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hand And Dove 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 06/2021, Hand And Dove Legacy Foundation generated $186.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (62.1%) each year. All expenses for the organization totaled $102.4k during the year ending 06/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE SUPPORT TO CHRISTIAN EDUCATION ACTIVITIES CORPORATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE PURPOSE OF THE HAND AND DOVE LEGACY FOUNDATION IS TO RAISE SCHOLARSHIP FUNDS TO PROVIDE EDUCATION FOR CALLED MEN AND WOMEN IN SOUTH TEXAS. THE FOUNDATION SEEKS TO DEVELOP PARTNERSHIPS WITH INDIVIDUALS WHO DESIRE TO SEE SOUTH TEXAS CHURCHES FLOURISH. THE FOUNDATION RELIES ON PARTNERS WHO HAVE A PASSION FOR THE GOSPEL, VISION FOR THE LOCAL CHURCH, AND THE WILLINGNESS TO GENEROUSLY GIVE TO TRAIN UP KINGDOM-MINDED MEN AND WOMEN.
THE PURPOSE OF THE HAND AND DOVE LEGACY FOUNDATION IS TO RAISE SCHOLARSHIP FUNDS TO PROVIDE EDUCATION FOR CALLED MEN AND WOMEN IN SOUTH TEXAS. THE FOUNDATION SEEKS TO DEVELOP PARTNERSHIPS WITH INDIVIDUALS WHO DESIRE TO SEE SOUTH TEXAS CHURCHES FLOURISH. THE FOUNDATION RELIES ON PARTNERS WHO HAVE A PASSION FOR THE GOSPEL, VISION FOR THE LOCAL CHURCH, AND THE WILLINGNESS TO GENEROUSLY GIVE TO TRAIN UP KINGDOM-MINDED MEN AND WOMEN.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Karlene Lyn Board Chair | OfficerTrustee | 0.5 | $0 |
Kevin Pagan Vice Chair | OfficerTrustee | 0.5 | $0 |
Jim Naismith Treasurer | OfficerTrustee | 0.5 | $0 |
Velma Kemp Secretary | OfficerTrustee | 0.5 | $0 |
Anthony Celelli President/ceo | Officer | 0.5 | $0 |
Chris Stapper Vice President/cfo | Officer | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $47,926 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $47,926 |
| Total Program Service Revenue | $0 |
| Investment income | $138,000 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $35 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $185,961 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $98,650 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $3,700 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $102,350 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $3,125 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $3,880,047 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $3,883,172 |
| Accounts payable and accrued expenses | $8,100 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $8,100 |
| Net assets without donor restrictions | $759,520 |
| Net assets with donor restrictions | $3,115,552 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $3,883,172 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Hand And Dove Legacy Foundation has recieved totaling $6,000.
| Awarding Organization | Amount |
|---|---|
Coastal Bend Community Foundation Corpus Christi, TX PURPOSE: PROGRAM SUPPORT | $6,000 |
Endowment Analysis
| Beg. Balance | $2,500,892 |
| Earnings | $703,856 |
| Net Contributions | $43,070 |
| Grants | $132,266 |
| Ending Balance | $3,115,552 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
University Of Arkansas Foundation Inc Fayetteville, AR | $2,089,992,333 | $297,590,096 |
Texas A & M Research Foundation College Station, TX | $17,651,760 | $64,742,890 |
Tiger Athletic Foundation Baton Rouge, LA | $492,455,521 | $67,955,012 |
Vanguard Academy Pharr, TX | $58,411,993 | $65,696,988 |
Southwestern Medical Foundation Dallas, TX | $1,318,497,986 | $133,001,887 |
Unm Rainforest Innovations Albuquerque, NM | $22,586,721 | $58,002,418 |
University Of New Mexico Foundation Incorporated Albuquerque, NM | $270,142,035 | $53,815,950 |
University Of Texas Foundation Austin, TX | $88,879,484 | $47,692,096 |
L S U Foundation Baton Rouge, LA | $804,249,383 | $72,730,367 |
Southeastern Louisiana Area Health Education Center Natalbany, LA | $8,364,528 | $32,019,241 |
University Of Arkansas Fayetteville Campus Foundation Inc Fayetteville, AR | $748,157,500 | $15,686,060 |
Razorback Foundation Inc Fayetteville, AR | $72,537,377 | $26,130,749 |