Overview
What is The Legacy Cellar Foundation?
The Legacy Cellar Foundation is a 501c3 nonprofit organization dedicated to transforming valuable wine collections into charitable contributions. By authenticating and liquidating these collections, the foundation aims to introduce a new funding source to the philanthropic sector, thereby amplifying its positive impact. The foundation operates as a donor-advised fund, ensuring that curated wine collections will continue to be appreciated by future wine enthusiasts. The Legacy Cellar Foundation also collaborates with organizations like the Sea Shepherd Conservation Society, further contributing to its philanthropic endeavors.
Official website here: www.legacycellar.org
Is The Legacy Cellar Foundation legitimate?
The Legacy Cellar Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Legacy Cellar 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
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Official website here: www.legacycellar.org
What is the mission statement of The Legacy Cellar Foundation?
The Legacy Cellar Foundation, as a 501c3 donor-advised fund, is committed to converting wine collections into charitable donations. This mission aims to unlock a previously untapped source of funding in the philanthropic sector, thereby enhancing its ability to create a more significant positive impact. By collecting, authenticating, and liquidating wine collections, the foundation ensures that curated collections will continue to be appreciated by future wine enthusiasts. Its operations allow for these collections to be donated to various charitable causes, thereby expanding the reach and impact of philanthropic efforts.
Official website here: www.legacycellar.org
What is the revenue of The Legacy Cellar Foundation?
The Legacy Cellar Foundation's revenue in 2023 was $56,935.
Official website here: www.legacycellar.org
Who are the executives of The Legacy Cellar Foundation and what are their salaries?
Here are 3 key members and their salaries:
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- Other: $0
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- Other: $0
- Compensation: $0
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Official website here: www.legacycellar.org
Where can I find the form 990EZ for The Legacy Cellar Foundation?
The Legacy Cellar Foundation's most recent form 990EZ was submitted in 2023 and can be accessed here.
Official website here: www.legacycellar.org
Learn more at the official website: www.legacycellar.org
Mission Statement of The Legacy Cellar Foundation
The Legacy Cellar Foundation, a 501c3 donor-advised fund, is committed to an distinctive mission. Its primary objective is to convert wine collections into charitable donations, thereby tapping into an untapped source of funding for the philanthropic sector. By doing so, the foundation aims to amplify its positive impact and guarantee that cherished wine collections will continue to be appreciated by future wine enthusiasts. The foundation undertakes the process of collecting, authenticating, and liquidating these wine collections, transforming them into valuable charitable contributions. In essence, The Legacy Cellar Foundation serves as a bridge, connecting the world of wine with the realm of philanthropy, ensuring that both continue to thrive and make a difference.
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Impact
July, 2024
The Legacy Cellar Foundation's impact lies in converting wine collections into charitable donations, unlocking a previously untapped source of funding for the philanthropic sector. By collecting, authenticating, and liquidating wine collections, they enable greater positive impact while ensuring that curated wine collections are enjoyed by future enthusiasts. Through their work, they facilitate donations that support various charitable causes, contributing to the betterment of society and the environment.
This information is meant to be a general summary of The Legacy Cellar 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 2023.
- Gross Receipts: $56,935
Assets and Liabilities:
- Total Assets: $254,515
- Total Liabilities: $141,374
- Net Assets: $113,141
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Organization Details
Founding Year
2020
Principal Officer
Jeffrey Cova
Website
www.legacycellar.orgNTEE Category
Code: T31 - Philanthropy
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