Overview
What is Legacy Collective?
Legacy Collective is a nonprofit organization based in Austin, Texas, with a focus on community-driven philanthropy. Their unique approach involves pooling resources from individual donors, forming giving circles. These circles collectively donate monthly funds, amplifying their impact by democratically deciding and granting funds to well-researched, deserving nonprofit organizations, both locally and internationally. The organization's mission is to tackle systemic issues by supporting sustainable and innovative efforts, fostering partnerships with various nonprofit organizations globally. With a team of six dedicated employees, Legacy Collective strives to make a significant difference in addressing pressing societal challenges.
Official website here: www.legacycollective.org
Is Legacy Collective legitimate?
Legacy Collective is a legitimate nonprofit organization registered as a 501(c)(3) entity. Legacy Collective 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: $98,498
Professional Fundraising Fees: $0
Other Salaries and Wages: $80,797
For more financial information, click here
Official website here: www.legacycollective.org
What is the mission statement of Legacy Collective?
The Legacy Collective is an organization dedicated to addressing systemic issues on a global scale. They achieve this by collaborating with nonprofit organizations and providing funding for sustainable and innovative initiatives. The organization's mission is to support these projects by forming partnerships and leveraging the collective power of individual donors. Each donor contributes to giving circles, pooling their monthly contributions to make a larger impact. The members of these circles then collectively vote and grant funds to thoroughly vetted nonprofits, thereby amplifying their impact.
Official website here: www.legacycollective.org
Who is the CEO of Legacy Collective?
Erin Arnheim is the CEO of Legacy Collective The CEO's salary of Legacy Collective is $88,054 and their total compensation is $98,498.
Official website here: www.legacycollective.org
What is the revenue of Legacy Collective?
Legacy Collective's revenue in 2024 was $663,042.
Official website here: www.legacycollective.org
Who are the executives of Legacy Collective and what are their salaries?
The average compensation at Legacy Collective during 2024 was $44,824. There are 4 employees and 27 volunteers at Legacy Collective.
Here are 11 key members and their salaries (Legacy Collective's CEO's salary is $88,054 and their total compensation is $98,498):
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- Compensation: $88,054
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- Other: $10,444
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Official website here: www.legacycollective.org
Where can I find the form 990 for Legacy Collective?
Legacy Collective's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.legacycollective.org
Learn more at the official website: www.legacycollective.org
Mission Statement of Legacy Collective
Legacy Collective, an organization comprised of individual donors, is committed to addressing systemic issues on a global scale. They achieve this by forming partnerships with local and international nonprofit organizations and providing funding for sustainable and innovative solutions. The Legacy Collective's mission is to foster change by investing in projects that demonstrate potential for long-term impact. This is accomplished through giving circles, where donors combine their monthly contributions. By pooling resources, each circle has the power to make a substantial impact. They then vote on and distribute grants to thoroughly vetted nonprofits, ensuring that their financial support is utilized effectively in addressing pressing societal concerns.
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Impact
July, 2024
Legacy Collective's impact can be seen in its work to solve systemic issues by funding sustainable and innovative efforts through partnerships with organizations locally and globally. Its community of individual donors combine their funds in giving circles, amplifying their impact by voting on and granting to thoroughly vetted organizations. Legacy Collective's model enables donors to make a significant difference in addressing societal challenges and creating positive change.
This information is meant to be a general summary of Legacy Collective. 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 2024.
- Investment Income: $386
- Gross Receipts: $663,042
Assets and Liabilities:
- Total Assets: $320,399
- Total Liabilities: $1,446
- Net Assets: $318,953
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Organization Details
Founding Year
2021
Principal Officer
Lindsey Kane Leaverton
Website
www.legacycollective.orgNTEE Category
Code: T20 - Philanthropy
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