Bethany Legacy Foundation Inc is located in Madison, IN. According to its NTEE Classification (E60) the organization is classified as: Health Support, under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bethany Legacy Foundation Inc 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, Bethany Legacy Foundation Inc generated $141.8m in total revenue. All expenses for the organization totaled $755.5k during the year ending 12/2022.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROMOTING AND SUPPORTING COMMUNITY HEALTH, THROUGH SUSTAINABLE AND IMPACTFUL ACTS OF SERVICE.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dora Anim Ceo/president | 40 | $178,971 | |
Darleen Connolly Chair | 5 | $0 | |
Julie Berry Vice Chair | 5 | $0 | |
Sharyn Whitman Treasurer | 5 | $0 | |
Molly Dodge Secretary | 5 | $0 | |
Valecia Crisafulli Director | 5 | $0 |
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Hall Render Killian Heath & Lyman | 12/30/22 | $99,255 |
Woodhouse Search Llc | 12/30/22 | $91,500 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $139,614,807 |
| Interest on Savings | $0 |
| Dividends & Interest | $1,578,373 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $561,496 |
| Capital Gain Net Income | $561,496 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $26 |
| Total Revenue | $141,754,702 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $187,951 |
| Other employee salaries and wages | $6,862 |
| Pension plans, employee benefits | $8,594 |
| Interest | $0 |
| Taxes | $12,706 |
| Depreciation | $2,830 |
| Occupancy | $17,709 |
| Travel, conferences, and meetings | $26,949 |
| Printing and publications | $533 |
| Other expenses | $63,678 |
| Total operating and administrative expenses | $686,994 |
| Contributions, gifts, grants paid | $68,503 |
| Total expenses and disbursements | $755,497 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $76,489 |
| Savings and temporary cash investments | $17,811,374 |
| 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 | $7,416 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $68,588 |
| Other assets | $35,241,352 |
| Total assets | $140,812,186 |
| Accounts payable and accrued expenses | $71,599 |
| 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 | $71,599 |
Over the last fiscal year, Bethany Legacy Foundation Inc has awarded $68,503 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
THE KING'S DAUGHTERS' HOSPITAL FOUNDATION INC PURPOSE: OPERATING SUPPORT | $11,388 |
CANAAN VOLUNTEER FIRE DEPARTMENT PURPOSE: OPERATING SUPPORT | $250 |
THE FREEDOM CENTER PURPOSE: THERAPY SPACE RENOVATION | $56,865 |