Overview
What is Legacy Connections?
Legacy Connections, officially known as the Rose Bowl Legacy Foundation, is a dedicated nonprofit organization based in Pasadena, California. Their primary mission is to uphold and enhance the global reputation of America's iconic stadium, the Rose Bowl Stadium, located in the Central Arroyo Seco area. By engaging in philanthropic outreach and continuously raising funds in anticipation of the venue's centennial birthday, Legacy Connections aims to modernize the facility's operations, programming, and amenities. This includes improving public safety and accessibility for future generations of athletes, spectators, and viewers. Through educational, community, and capital improvement initiatives, they aim to preserve and protect the Rose Bowl Stadium's future while enriching its surrounding areas.
Official website here: www.rosebowlstadium.com/legacy
What are the reviews and ratings of this charity?
Charity Navigator Rating: 88% (Three-Star out of Four Stars)
Legacy Connections has earned a Three-Star rating from Charity Navigator, reflecting a strong focus on accountability and finance. With an overall score of 88%, the organization demonstrates good governance practices, including a fully independent board and effective oversight of financial statements. The absence of material asset diversion further showcases its commitment to integrity in operations.
The charity excels in many financial metrics, including a low liabilities to assets ratio of 13.99% and a fundraising efficiency ratio of $0.20, indicating effective cost management in fundraising efforts. However, it scores lower in program expense ratio at 59.68%, which may suggest room for improvement in the proportion of funds allocated directly to its programs.
While the organization adheres to several good practices, it is noted for the lack of a whistleblower policy, which is a significant limitation. Addressing this gap could enhance its governance and transparency, reinforcing stakeholder trust in Legacy Connections' operations and impact.
This AI summary has been generated from information found on Charity Navigator.
Is Legacy Connections legitimate?
Legacy Connections is a legitimate nonprofit organization registered as a 501(c)(3) entity. Legacy Connections submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
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For more financial information, click here
Official website here: www.rosebowlstadium.com/legacy
What is the mission statement of Legacy Connections?
Legacy Connections, through its association with the Rose Bowl Stadium, is dedicated to preserving, safeguarding, and enhancing the stadium's future. The organization achieves this by providing private funding for improvements within the venue and its surroundings. This is done through educational, community, and capital improvement initiatives. Legacy Connections aims to continue strengthening the global reputation of the stadium by offering innovative and creative programming that benefits various local, national, and international communities. Their philanthropic outreach and ongoing fundraising efforts, particularly in celebration of the stadium's upcoming centennial birthday, are focused on modernizing facility operations, programming, and amenities. This, in turn, aims to improve public safety and accessibility for future generations of athletes, fans, and viewers, making the Rose Bowl Stadium one of the world's most unique and active entertainment spaces.
Official website here: www.rosebowlstadium.com/legacy
Who is the CEO of Legacy Connections?
Mickey Segal is the Chairman of Legacy Connections.
Official website here: www.rosebowlstadium.com/legacy
What is the revenue of Legacy Connections?
Legacy Connections's revenue in 2022 was $2,004,828.
Official website here: www.rosebowlstadium.com/legacy
Who are the executives of Legacy Connections and what are their salaries?
There 100 volunteers at Legacy Connections.
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Official website here: www.rosebowlstadium.com/legacy
Where can I find the form 990 for Legacy Connections?
Legacy Connections's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.rosebowlstadium.com/legacy
Learn more at the official website: www.rosebowlstadium.com/legacy
Mission Statement of Legacy Connections
Legacy Connections, a dedicated nonprofit organization, is committed to enhancing the global reputation of America's Stadium, the iconic Rose Bowl Stadium. Their mission, as part of the Rose Bowl Legacy Foundation, is to preserve, protect, and improve the stadium's future. This is achieved through private funding, supporting improvements within the venue and surrounding areas. By implementing educational, community, and capital improvement initiatives, Legacy Connections aims to provide innovative and creative programming that benefits local, national, and international communities. The foundation's philanthropic outreach and continuous effort to raise new funds, in celebration of the stadium's upcoming centennial birthday, will modernize facility operations, programming, and amenities. This will ultimately improve public safety and access for future generations of athletes, fans, and viewers, making the Rose Bowl Stadium one of the world's most unique and active entertainment spaces.
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Impact
July, 2024
Legacy Connections, through its work with the Rose Bowl Stadium, has a significant impact on strengthening the global stature of one of America's most iconic sports venues. By providing innovative programming and initiatives that benefit local, national, and international communities, Legacy Connections contributes to the ongoing legacy of the Rose Bowl Stadium. Through philanthropic outreach and fundraising efforts, Legacy Connections modernizes facility operations, improves amenities, and enhances public safety and access for athletes, fans, and viewers. The organization's commitment to preserving, protecting, and enhancing the Rose Bowl Stadium ensures that this historic venue remains a vital part of the Arroyo Seco community for future generations.
This information is meant to be a general summary of Legacy Connections. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $1,101
- Gross Receipts: $3,541,851
Assets and Liabilities:
- Total Assets: $8,976,743
- Total Liabilities: $1,256,358
- Net Assets: $7,720,385
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Organization Details
Founding Year
2010
Phone
(626) 577-3146Principal Officer
Mickey Segal
Main Address
1001 ROSE BOWL DRIVE, PASADENA, CA, 91103
NTEE Category
Code: N40 - Recreation
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