Overview

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Est.

2014

Latest Fiscal Year

Not available

Organization Type

Grantseeker

AI Summary

The LEGACY INSTITUTE FOR FINANCIAL EDUCATION is dedicated to fostering youth development and education by teaching financial literacy, creating economic stability, and building generational wealth. With an operating budget of $1.1 million and total revenue of $1.2 million for the 2024 filing year, the organization is supported by major funders including AMERICAN ONLINE GIVING FOUNDATION INC and NATL CHRISTIAN CHARITABLE FDN INC. The organization does not rely on any single funder for 50% or more of its revenue.

Mission Statement

THE LEGACY INSTITUTE OF FINANCIAL EDUCATION EXISTS TO TEACH FINANCIAL LITERACY, CREATE ECONOMIC STABILITY, AND BUILD GENERATIONAL WEALTH.
Revenues
$1.2M
Expenses
$1.1M
Net Income:
+$15.7K
Assets
$828.5K
Liabilities
$821.6K
Net Assets:
+$6.9K
Operating Budget
$1.1M
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
3
Median grant size
$75K
Largest grant received
$517.3K
T
Tim Walker
Board Member
M
Maxine Peters-Giles
Board Member
M
Martha Maldonado
Board Member

Frequently Asked Questions

What is LEGACY INSTITUTE FOR FINANCIAL EDUCATION’s budget?
In 2024, LEGACY INSTITUTE FOR FINANCIAL EDUCATION reported an annual operating budget of around $1.1 million. More detailed financial information is available to registered users.
What causes does LEGACY INSTITUTE FOR FINANCIAL EDUCATION support?
LEGACY INSTITUTE FOR FINANCIAL EDUCATION supports work in Education and Youth development.
Where does LEGACY INSTITUTE FOR FINANCIAL EDUCATION operate?
LEGACY INSTITUTE FOR FINANCIAL EDUCATION is headquartered in Lufkin, TX.
Who funded LEGACY INSTITUTE FOR FINANCIAL EDUCATION recently?
In 2024, LEGACY INSTITUTE FOR FINANCIAL EDUCATION received grants from LOCAL INITIATIVES SUPPORT CORPORATION, ERNEST L KURTH JR CHARITABLE FOUNDATION, and Annie E Casey Foundation Inc. More information on this organization’s funders is available to registered users.
What is the largest grant LEGACY INSTITUTE FOR FINANCIAL EDUCATION received in 2024?
The largest grant to LEGACY INSTITUTE FOR FINANCIAL EDUCATION in 2024 exceeds $517 thousand.