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Legacy Scholarship Foundation Inc

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

EIN: 821945132 ✦ Madison, FL ✦ Designated as a 501(c)(3)

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Overview

What is Legacy Scholarship Foundation Inc?

The Legacy Scholarship Foundation Inc, located in Madison County, is a devoted nonprofit organization. Their primary purpose is to foster, motivate, and offer scholarships to aspiring students through diverse programs. One of their significant initiatives includes a scholarship program focused on supporting youth in Madison County. Although the specifics of their activities or mission description are not provided in the information, it's clear that their primary goal is to empower young individuals with educational opportunities.

Is Legacy Scholarship Foundation Inc legitimate?

Legacy Scholarship Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Legacy Scholarship Foundation Inc submitted a form 990EZ, 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 Legacy Scholarship Foundation Inc?

The Legacy Scholarship Foundation's mission revolves around encouraging, inspiring, and offering scholarships to individuals through various programs. Notably, they have established a scholarship program targeted towards youth in Madison County. The foundation's primary objective is to empower these individuals by providing financial assistance, thereby fostering their educational pursuits.

What is the revenue of Legacy Scholarship Foundation Inc?

Legacy Scholarship Foundation Inc's revenue in 2024 was $31,344.

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

There is 1 key member and their salary:


Jesse Solomon (Presedent)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Legacy Scholarship Foundation Inc?

Legacy Scholarship Foundation Inc's most recent form 990EZ was submitted in 2024 and can be accessed here.

Mission Statement of Legacy Scholarship Foundation Inc

The Legacy Scholarship Foundation, as depicted, is an organization dedicated to motivating, inspiring, and financially assisting students through various scholarship programs. Notably, they have initiated a scholarship program aimed at benefiting youth residing in Madison County. This mission of the Legacy Scholarship Foundation is geared towards empowering young individuals by providing them with financial support, thereby encouraging their educational pursuits and personal growth.

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Impact




August, 2024

The Legacy Scholarship Foundation Inc's impact can be seen in their dedication to encouraging, inspiring, and providing scholarships through various programs. They have made a significant difference by promoting a scholarship program specifically for youths in Madison County. The Foundation's efforts contribute positively to the educational and personal development of individuals in need, ultimately shaping a better future for the community.




This information is meant to be a general summary of Legacy Scholarship Foundation Inc. 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
$31,344 (2024)
Expenses
$11,616 (2024)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2024.

  • Investment Income: $1,183
  • Gross Receipts: $31,344

Assets and Liabilities:

  • Total Assets: $75,475
  • Total Liabilities: $0
  • Net Assets: $75,475

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Organization Details

NTEE Category

Code: P20 - Human services

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