Overview
What is The Legacy Foundation?
The Legacy Foundation is a nonprofit organization based in Sioux City, Iowa. With five employees, its mission is to promote concepts that foster individual liberty, free enterprise, and limited, accountable government. The foundation engages in independent, nonpartisan research on public policy matters and initiatives, aiming to assemble a team of experts specializing in various areas, such as education policy, tax and fiscal policy, labor-management relations policy, civil rights policy, healthcare policy, and issues of governmental transparency. Recently, The Legacy Foundation supported litigation to protect free speech rights.
Official website here: www.legacyfoundation.us
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97% - Four-Star out of Four Star rating
The Legacy Foundation has received an impressive Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. The organization boasts a perfect score of 100% for having a majority of independent board members and demonstrates robust financial management with no material diversion of assets. With program expenses making up 96.15% of its total expenditures, the foundation effectively channels resources into its mission.
In addition to its high financial efficiency, The Legacy Foundation adheres to best practices in governance, as evidenced by its comprehensive policies on conflict of interest, whistleblower protections, and document retention. The organization has transparency in its operations, with all required documents such as board meeting minutes readily available. This level of accountability is crucial for fostering trust among donors and stakeholders.
Despite its strong rating and governance practices, it is essential for potential donors and supporters to remain informed about the foundation’s ongoing programs and initiatives. Continuous engagement with the community and clear communication about impact will further enhance the organization's reputation and effectiveness in fulfilling its mission.
This AI summary has been generated from information found on Charity Navigator.
Is The Legacy Foundation legitimate?
The Legacy Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Legacy Foundation 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:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.legacyfoundation.us
What is the mission statement of The Legacy Foundation?
The Legacy Foundation is established with a mission to educate the general public on concepts that promote individual liberty, free enterprise, and limited and accountable government. The foundation engages in independent, nonpartisan research on public policy matters and initiatives. They aim to assemble a team of research analysts with various specializations in fields such as education policy, tax and fiscal policy, labor-management relations policy, civil rights policy, healthcare policy, and issues of governmental transparency. The goal is to contribute to informed discussions and influence policy-making processes that align with these ideals.
Official website here: www.legacyfoundation.us
Who is the CEO of The Legacy Foundation?
Christopher Rants is the President of The Legacy Foundation.
Official website here: www.legacyfoundation.us
What is the revenue of The Legacy Foundation?
The Legacy Foundation's revenue in 2022 was $459,864.
Official website here: www.legacyfoundation.us
Who are the executives of The Legacy Foundation and what are their salaries?
There are 5 employees at The Legacy Foundation.
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $10,000
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.legacyfoundation.us
Where can I find the form 990 for The Legacy Foundation?
The Legacy Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.legacyfoundation.us
Learn more at the official website: www.legacyfoundation.us
Mission Statement of The Legacy Foundation
The Legacy Foundation is dedicated to enlightening the public on principles that promote individual liberty, free enterprise, and limited, accountable government. With a team of specialized research analysts, this organization engages in independent, nonpartisan investigations into various public policy matters and initiatives. The ultimate objective of The Legacy Foundation is to assemble this skilled team, with areas of expertise spanning multiple fields such as education policy, tax and fiscal policy, labor-management relations policy, civil rights policy, healthcare policy, and issues related to governmental transparency. The foundation aims to educate the public and contribute to informed policy discussions, ultimately striving to advance these values and principles in society.
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Impact
July, 2024
The Legacy Foundation impacts society by educating the general public about individual liberty, free enterprise, and limited and accountable government. Through independent, nonpartisan research on public policy matters, the foundation aims to inform and engage the public in important discussions. Additionally, by supporting litigation to protect free speech rights, the foundation contributes to safeguarding fundamental freedoms. The Legacy Foundation's goal is to assemble a team of research analysts specializing in various areas of public policy, including education, tax and fiscal policy, civil rights, healthcare, and governmental transparency.
This information is meant to be a general summary of The Legacy Foundation. 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: $444
- Gross Receipts: $459,864
Assets and Liabilities:
- Total Assets: $109,905
- Total Liabilities: $0
- Net Assets: $109,905
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Organization Details
Founding Year
2008
Phone
(712) 490-8742Principal Officer
Christopher Rants
Main Address
600 FOURTH ST STE 360 360, SIOUX CITY, IA, 51101
Website
www.legacyfoundation.usNTEE Category
Code: B90 - Education
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