THE LEGACY FOUNDATION

THE LEGACY FOUNDATION

Montgomery, AL, US
501(c)(3)
EIN
36-4993121
Fund Raising & Fund Distribution

THE LEGACY FOUNDATION

Montgomery, AL, US
501(c)(3)
EIN
36-4993121
Fund Raising & Fund Distribution

Overview

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Est.

2021

Fiscal Year Start

Oct 1

Organization Type

Grantseeker
AI Summary
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The Legacy Foundation is a charitable, cultural, and educational nonprofit organization dedicated to enhancing the understanding of America's history through support for cultural institutions and educational initiatives. With an operating budget of $17.3 million and total revenue of $32.8 million for the 2024 filing year, the foundation relies heavily on a single funder, which contributes $50 million, accounting for a significant portion of its revenue. While the organization does not have a publicly available website, its mission underscores a commitment to fostering cultural awareness and education across the nation.

Mission Statement

THE LEGACY FOUNDATION IS A CHARITABLE, CULTURAL AND EDUCATIONAL NONPROFIT ESTABLISHED TO PROMOTE A DEEPER UNDERSTANDING OF AMERICA'S HISTORY BY SUPPORTING CULTURAL INSTITUTIONS, EDUCATIONAL PROJECTS AND INITIATIVES, AND PROJECT SUPPORT DEDICATED TO THIS PURPOSE.
Revenues

$32.8M

Expenses

$18M

Net Income:
+$14.8M
Assets

$89.5M

Liabilities

$0

Net Assets:
+$89.5M
Operating Budget

$17.3M

Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants

1

Median grant size
$30M
Largest grant received
$30M
T
Tera Duvernay
Board Member
S
Sonia Kapadia
Board Member
R
Randall Susskind
Board Member

Frequently Asked Questions

What is THE LEGACY FOUNDATION’s budget?
In 2024, THE LEGACY FOUNDATION reported an annual operating budget of around $17.3 million. More detailed financial information is available to registered users.
What causes does THE LEGACY FOUNDATION support?
THE LEGACY FOUNDATION supports work in Arts and culture.
Where does THE LEGACY FOUNDATION operate?
THE LEGACY FOUNDATION is headquartered in Montgomery, AL.
Who funded THE LEGACY FOUNDATION recently?
In 2024, THE LEGACY FOUNDATION received grants from EQUAL JUSTICE INITIATIVE and EQUAL JUSTICE INITIATIVE. More information on this organization’s funders is available to registered users.
What is the largest grant THE LEGACY FOUNDATION received in 2024?
The largest grant to THE LEGACY FOUNDATION in 2024 exceeds $30 million.
Overview
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