The Legacy Foundation

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 364993121 ✦ Montgomery, AL ✦ Designated as a 501(c)(3)

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Overview

What is The Legacy Foundation?

The Legacy Foundation is a charitable, cultural, and educational nonprofit organization, situated in Montgomery, Alabama. Established with a mission to foster a deeper understanding of American history, it supports various cultural institutions, educational projects, and initiatives. The foundation's primary focus is on the Legacy Museum and the National Memorial for Peace and Justice in Montgomery, providing long-term support through acquisitions, site enhancements, and development. This commitment aims to improve, maintain, and preserve the functionality and visitor experience of these spaces. The foundation's work is dedicated to promoting understanding and fostering a more comprehensive perspective of the country's history.

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

What is the mission statement of The Legacy Foundation?

The Legacy Foundation is a charitable, cultural, and educational nonprofit established with the purpose of promoting a deeper understanding of American history. It achieves this goal by providing support to cultural institutions, educational projects, and initiatives. The foundation's mission includes offering project support that aligns with this objective. In addition, the Legacy Foundation plans to provide long-term support to the Legacy Museum and the National Memorial for Peace and Justice in Montgomery, Alabama. This support may involve acquisitions, site enhancements, and developments aimed at improving, maintaining, and preserving the spaces and enhancing the visitor experience.

What is the revenue of The Legacy Foundation?

The Legacy Foundation's revenue in 2023 was $20,056,128.

Who are the executives of The Legacy Foundation and what are their salaries?

Here are 3 key members and their salaries:


Sia Sanneh (Director)
  • Compensation: $0
  • Related: $129,427
  • Other: $0
Bryan Stevenson (President)
  • Compensation: $0
  • Related: $0
  • Other: $8,142
Tera Duvernay (Secretary/Treasurer)
  • Compensation: $0
  • Related: $149,105
  • Other: $23,025
Where can I find the form 990 for The Legacy Foundation?

The Legacy Foundation's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of The Legacy Foundation

The Legacy Foundation, a charitable, cultural, and educational nonprofit, is established with the mission to foster a deeper understanding of America's history. The organization achieves this by providing support to cultural institutions, educational projects, and initiatives, as well as project funding dedicated to this purpose. The foundation's role is to improve, maintain, and preserve the functioning of spaces and the visitor experience, considering and evaluating acquisitions and site enhancements.

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Impact




October, 2024

The Legacy Foundation significantly enhances America's understanding of its historical narrative by providing long-term support for the Legacy Museum and the National Memorial for Peace and Justice in Montgomery, Alabama. Through targeted funding and resources, the foundation plays a vital role in the preservation and enhancement of these cultural institutions, ensuring they remain impactful and accessible to visitors.

By facilitating educational projects and initiatives, The Legacy Foundation helps foster a deeper engagement with critical historical events, particularly those related to justice and civil rights. This support not only enriches the visitor experience but also promotes ongoing dialogue about history, culture, and societal values. The Foundation's commitment to site enhancements and acquisitions further strengthens the mission to maintain these spaces as vital resources for education and reflection. Overall, The Legacy Foundation amplifies the importance of understanding America's complex history, contributing to a more informed and engaged society.




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.

Revenue
$20,056,128 (2023)
Expenses
$3,616,718 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $1,820,183
  • Gross Receipts: $71,584,029

Assets and Liabilities:

  • Total Assets: $58,197,437
  • Total Liabilities: $0
  • Net Assets: $58,197,437

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Organization Details

Founding Year

2021

Principal Officer

Bryan Stevenson

NTEE Category

Code: A12 - Arts

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