Bhhs Legacy Foundation
- Assets
- $149.1m
- Revenue
- $9.2m
- Investments
- $56.0m
- Employees
- 11
- Location
- Phoenix, AZ
- Founding
- 10/2011
- Data as of
- 12/2023
- EIN
- 95-3239789
Organization Overview
Bhhs Legacy Foundation is located in Phoenix, AZ. The organization was established in 2011. According to its NTEE Classification (E11) the organization is classified as: Single Organization Support, under the broad grouping of Health Care and related organizations. As of 12/2023, Bhhs Legacy Foundation employed 11 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bhhs 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 12/2023, Bhhs Legacy Foundation generated $9.2m in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 1.8% each year. All expenses for the organization totaled $8.5m during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2019, Bhhs Legacy Foundation has awarded 501 individual grants totaling $29,145,351. 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
BHHS LEGACY FOUNDATION'S MISSION IS TO ENHANCE THE QUALITY OF LIFE AND HEALTH OF THOSE WE SERVE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
A SUPPORTING ORGANIZATION FOR THE PURPOSE OF SUPPORTING THE ACTIVITIES OF LEGACY CONNECTION, AN ARIZONA NONPROFIT TAX-EXEMPT ORGANIZATION, INCLUDING BUT NOT LIMITED TO ADDRESSING FUNDAMENTAL HUMAN NEEDS FOR FOOD, HOUSING CLOTHING AND SAFETY (APPROXIMATELY 53% OF GRANTS) AND HEALTH AND EDUCATION (APPROXIMATELY 47% OF GRANTS).
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Name Not Listed Director/chairman | OfficerTrustee | 2 | $0 |
Name Not Listed Director/ceo | OfficerTrustee | 36 | $332,111 |
Name Not Listed Director/secretary | OfficerTrustee | 2 | $0 |
Name Not Listed Director/treasurer | OfficerTrustee | 2 | $0 |
Name Not Listed Director | Trustee | 2 | $0 |
Name Not Listed Director | Trustee | 2 | $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 | $109,090 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $109,090 |
| Total Program Service Revenue | $586,706 |
| Investment income | $1,656,377 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $6,847,472 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $9,199,645 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $5,102,504 |
| Grants and other assistance to domestic individuals. | $162,382 |
| 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 | $652,276 |
| Other salaries and wages | $401,639 |
| Pension plan accruals and contributions | $70,813 |
| Other employee benefits | $49,015 |
| Payroll taxes | $69,962 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $53,892 |
| Fees for services: Accounting | $59,723 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $211,668 |
| Office expenses | $21,144 |
| Information technology | $51,885 |
| Royalties | $0 |
| Occupancy | $245,294 |
| Travel | $63,295 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $85,797 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $322,000 |
| Insurance | $81,902 |
| All other expenses | $1,933 |
| Total functional expenses | $8,495,512 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $297,844 |
| Savings and temporary cash investments | $2,675,208 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $1,247 |
| Net Land, buildings, and equipment | $6,867,455 |
| Investments—publicly traded securities | $83,120,991 |
| Investments—other securities | $55,983,708 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $117,118 |
| Total assets | $149,063,571 |
| Accounts payable and accrued expenses | $173,185 |
| Grants payable | $3,110,630 |
| 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 | $92,454 |
| Total liabilities | $3,376,269 |
| Net assets without donor restrictions | $145,687,302 |
| Net assets with donor restrictions | $0 |
| 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 | $149,063,571 |
Grants Awarded
Over the last fiscal year, Bhhs Legacy Foundation has awarded $5,039,220 in support to 101 organizations.
| Grant Recipient | Amount |
|---|---|
2GETHER WE LIVE INC PURPOSE: Running - Multisport Chair | $6,000 |
A NEW LEAF INC PURPOSE: Rapid Re-Housing | $70,000 |
ACADEMY OF BUILDING INDUSTRIES PURPOSE: Food program | $5,250 |
ACADEMY OF BUILDING INDUSTRIES PURPOSE: New bldg with Classr. & Kit | $10,000 |
AMER RED CROSS OF CENTRAL & NORTH AZ PURPOSE: Home Fire Fin Assistance | $15,000 |
ARIZONA BAPTIST CHILDRENS SERVICES PURPOSE: Arms of Love Foster Care | $5,000 |