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Wallace Legacy Foundation Inc

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

EIN: 853815233 ✦ Murfreesboro, TN ✦ Designated as a 501(c)(3)

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Overview

What is Wallace Legacy Foundation Inc?

Wallace Legacy Foundation Inc is a charitable organization situated in Murfreesboro, Tennessee. Its primary focus lies in providing support for mission trips and organizations in South Asia and Africa. This assistance includes offering training, guidance, and volunteer resources. Additionally, the foundation is involved in the production and distribution of native language Bibles and literature to foreign countries, specifically in India, Cambodia, Nigeria, and Uganda. The foundation's activities aim to promote spiritual growth and community development in these regions. With a small team of dedicated individuals, Wallace Legacy Foundation Inc continues to make a significant impact globally.

Is Wallace Legacy Foundation Inc legitimate?

Wallace Legacy Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Wallace Legacy Foundation Inc 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: $28,553
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Wallace Legacy Foundation Inc?

The Wallace Legacy Foundation's mission involves providing charitable support for mission trips in South Asia and Africa. Additionally, the foundation offers training, coaching, and volunteer support to the organizations it assists in these regions. Beyond this, the foundation is engaged in the production and distribution of native language Bibles and literature, as well as providing mission support for various initiatives in countries such as India, Cambodia, Nigeria, and Uganda. In essence, the Wallace Legacy Foundation seeks to make a meaningful impact in these regions, both through direct financial support and capacity-building initiatives.

Who is the CEO of Wallace Legacy Foundation Inc?

Michael Van Horn is the President of Wallace Legacy Foundation Inc.

What is the revenue of Wallace Legacy Foundation Inc?

Wallace Legacy Foundation Inc's revenue in 2022 was $327,038.

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

The average compensation at Wallace Legacy Foundation Inc during 2022 was $28,553. There is 1 employee at Wallace Legacy Foundation Inc.


Here are 3 key members and their salaries:


David Alcorn (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kurt Copeland (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Van Horn (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Wallace Legacy Foundation Inc?

Wallace Legacy Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Wallace Legacy Foundation Inc

Wallace Legacy Foundation Inc is dedicated to providing charitable support for mission trips and organizations in South Asia and Africa. The foundation extends its assistance beyond financial aid, offering training, coaching, and volunteer support to these organizations. The primary objective of Wallace Legacy Foundation Inc is to promote various initiatives, such as the production and distribution of native language Bibles and literature, as well as providing mission support for individuals traveling to countries like India. Additionally, the foundation offers assistance in Cambodia for mission work and building projects, and provides support to organizations in Nigeria and Uganda through Rock of Ages. In essence, Wallace Legacy Foundation Inc is committed to empowering and aiding organizations in their humanitarian efforts in South Asia and Africa.

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Impact




October, 2024

Wallace Legacy Foundation Inc significantly impacts communities in South Asia and Africa through its dedicated support for mission trips and initiatives aimed at fostering personal and spiritual growth. By facilitating the production and distribution of native language Bibles and literature, the foundation helps in making vital resources accessible to diverse populations.

The foundation's comprehensive approach includes providing training, coaching, and volunteer support to organizations in the field, enhancing their capacity to serve effectively. Support for missionary efforts, such as those by the Wilsons in India and Cambodia, extends the reach of essential programs, while partnerships with organizations like Rock of Ages further enhance community development in Nigeria and Uganda.

Through these efforts, Wallace Legacy Foundation Inc not only addresses immediate needs but also empowers local communities to thrive and sustain their growth independently.




This information is meant to be a general summary of Wallace Legacy 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
$327,038 (2022)
Expenses
$322,182 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $44
  • Gross Receipts: $327,038

Assets and Liabilities:

  • Total Assets: $30,895
  • Total Liabilities: $218
  • Net Assets: $30,677

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Organization Details

Founding Year

2021

Principal Officer

Michael Van Horn

Main Address

4613 VETERANS PARKWAY, MURFREESBORO, TN, 37128

NTEE Category

Code: X20 - Religion related

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