Overview
What is Legacy Philanthropy Works?
Legacy Philanthropy Works is a nonprofit organization based in Santa Barbara, California. Their mission is to foster collaboration and mobilize resources to help communities shape their desired future and achieve their conservation and community goals. They function as a Community Impact Accelerator, identifying high-impact opportunities through community engagement, launching collaborative projects, and investing in follow-on collaborations that emerge. By doing so, they aim to create a virtuous cycle leading to greater collaboration and investment in systems-scale change. With a team of 17 dedicated individuals, Legacy Philanthropy Works strives to enable donors, investors, and local organizations to achieve their goals for the places they love.
Official website here: www.legacyphilanthropyworks.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Star rating)
Legacy Philanthropy Works has earned an overall score of 81%, reflecting a strong commitment to accountability and finance. This rating is primarily based on the organization's effective governance and financial practices, showcasing high scores in areas such as board independence, conflict of interest policies, and the absence of material asset diversions. The organization’s fiscal integrity is further reinforced by maintaining a healthy liabilities-to-assets ratio.
The nonprofit demonstrates proficiency in financial management, with a program expense ratio of nearly 80%, indicating that a significant portion of its funds is directed towards its mission-driven activities. Additionally, the presence of robust policies such as whistleblower protection and document retention practices enhances its operational transparency and credibility.
However, while the organization scores well in governance and financial metrics, the overall rating indicates room for improvement in other areas that may not be reflected in the current data. Continuous enhancements in outreach and program effectiveness could bolster its overall impact and reputation.
This AI summary has been generated from information found on Charity Navigator.
Is Legacy Philanthropy Works legitimate?
Legacy Philanthropy Works is a legitimate nonprofit organization registered as a 501(c)(3) entity. Legacy Philanthropy Works 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: $146,476
Professional Fundraising Fees: $0
Other Salaries and Wages: $567,036
For more financial information, click here
Official website here: www.legacyphilanthropyworks.org
What is the mission statement of Legacy Philanthropy Works?
Legacy Philanthropy Works' mission is to empower donors, investors, and local organizations to achieve their conservation and community goals for the places they cherish. By facilitating collaborative efforts and mobilizing capital initiatives, Legacy Philanthropy Works reshapes the future of community landscapes to create thriving communities. Their core service, the Community Impact Accelerator, aims to identify high-impact opportunities through a community engagement process, launch catalytic collaborative projects, invest in follow-on collaborations that emerge, and steward this process towards a virtuous cycle that leads to greater and greater collaboration and investment in systems-scale change.
Official website here: www.legacyphilanthropyworks.org
Who is the CEO of Legacy Philanthropy Works?
Carl Palmer is the Board Chair of Legacy Philanthropy Works.
Official website here: www.legacyphilanthropyworks.org
What is the revenue of Legacy Philanthropy Works?
Legacy Philanthropy Works's revenue in 2022 was $1,730,473.
Official website here: www.legacyphilanthropyworks.org
Who are the executives of Legacy Philanthropy Works and what are their salaries?
The average compensation at Legacy Philanthropy Works during 2022 was $41,971. There are 17 employees and 6 volunteers at Legacy Philanthropy Works.
Here are 7 key members and their salaries:
- Compensation: $26,476
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $97,929
- Related: $0
- Other: $22,071
Official website here: www.legacyphilanthropyworks.org
Where can I find the form 990 for Legacy Philanthropy Works?
Legacy Philanthropy Works's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.legacyphilanthropyworks.org
Learn more at the official website: www.legacyphilanthropyworks.org
Mission Statement of Legacy Philanthropy Works
Legacy Philanthropy Works is dedicated to empowering donors, investors, and local organizations to achieve their conservation and community goals for the places they cherish. The organization facilitates collaborative efforts and mobilizes capital initiatives that reshape the future of community landscapes. By identifying high-impact opportunities through a community engagement process, launching a catalytic collaborative project, investing in follow-on collaborations that emerge, mobilizing the full range of capital across these initiatives, and stewarding this process towards a virtuous cycle that leads to greater and greater collaboration and investment in systems scale change, Legacy Philanthropy Works aims to accelerate and amplify community efforts to create thriving communities. Their core service, the Community Impact Accelerator, is designed to have transformative impact and foster the development of sustainable, vibrant communities.
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Impact
June, 2024
Legacy Philanthropy Works helps communities envision their desired future and figure out how to get there. Through their Community Impact Accelerator program, they accelerate and amplify community efforts to have transformative impact and create thriving communities. By identifying high impact opportunities through community engagement, launching collaborative projects, investing in follow-on collaborations, and mobilizing various forms of capital, Legacy Philanthropy Works guides the process towards greater collaboration and investment in systems-scale change. Legacy Philanthropy Works is based in Santa Barbara, CA and enables donors, investors, and local organizations to achieve their conservation and community goals for the places they love. Their work reshapes the future of community landscapes.
This information is meant to be a general summary of Legacy Philanthropy Works. 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: $298
- Program Service Revenue: $924,449
- Gross Receipts: $1,730,473
Assets and Liabilities:
- Total Assets: $753,015
- Total Liabilities: $54,995
- Net Assets: $698,020
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CONTRACT REVENUE
Revenue
$924,449
Organization Details
Founding Year
2014
Phone
(805) 845-7113Principal Officer
Carl Palmer
Main Address
521 SANTA BARBARA STREET, SANTA BARBARA, CA, 93101
NTEE Category
Code: C30 - Environment
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