The Jefferson Legacy Foundation
- Assets
- $447.5k
- Revenue
- $120.4k
- Investments
- $15.1k
- Employees
- 0
- Location
- North Chittenden, VT
- Founding
- 07/1995
- Data as of
- 12/2021
- EIN
- 03-0340992
Organization Overview
The Jefferson Legacy Foundation is located in North Chittenden, VT. The organization was established in 1995. According to its NTEE Classification (T23) the organization is classified as: Private Operating Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Jefferson Legacy Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Jefferson Legacy Foundation generated $120.4k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 11.7% each year . All expenses for the organization totaled $115.0k during the year ending 12/2021. While expenses have increased by 11.1% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDED FINANCIAL SUPPORT TO VARIOUS JEFFERSON-FOCUSED ORGANIZATIONS. MAINTAINED A LIBRARY WHERE PEOPLE CAN READ ABOUT AND INCREASE THEIR AWARENESS OF JEFFERSON'S LIFE AND GOALS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brenda Laclair Vice President | 40 | $4,000 | |
Name Not Listed Secretary/treasurer | 3 | $3,460 | |
Sydney N Stokes Jr Chairman | 40 | $0 | |
Clarence W Leeds III President | 2 | $0 | |
Roberta F Somach Director | 0.25 | $0 | |
Jack Robertson Director | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $118,502 |
| Interest on Savings | $0 |
| Dividends & Interest | $547 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,344 |
| Capital Gain Net Income | $80,981 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $120,393 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $7,460 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $400 |
| Depreciation | $505 |
| Occupancy | $40,054 |
| Travel, conferences, and meetings | $7,214 |
| Printing and publications | $35 |
| Other expenses | $9,625 |
| Total operating and administrative expenses | $87,386 |
| Contributions, gifts, grants paid | $27,566 |
| Total expenses and disbursements | $114,952 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $10,995 |
| Savings and temporary cash investments | $470 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $1,270 |
| Other assets | $419,720 |
| Total assets | $447,520 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $976 |
| Total liabilities | $976 |
Grants Awarded
Over the last fiscal year, The Jefferson Legacy Foundation has awarded $27,566 in support to 10 organizations.
| Grant Recipient | Amount |
|---|---|
Manchester, VT PURPOSE: PRESERVATION & PUBLIC DISPLAY | $8,316 |
INTERNATIONAL CENTER FOR JEFFERSON STUDIES PURPOSE: GENERAL SUPPORT | $6,500 |
Charlottesville, VA PURPOSE: GENERAL SUPPORT | $5,500 |
Forest, VA PURPOSE: GENERAL SUPPORT | $2,500 |
Charlottesville, VA PURPOSE: MOWEN PROGRAMS | $1,000 |
BOYS AND GIRLS CLUB OF AMERICA PURPOSE: GENERAL SUPPORT | $1,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Build Health International Inc Beverly, MA | $9,391,112 | $16,132,621 |
China Medical Board Inc Cambridge, MA | $0 | $15,367,231 |
Rubin Museum Of Art New York, NY | $219,341,965 | $20,862,684 |
Pussycat Foundation New York, NY | $113,070,433 | $12,403,154 |
Tippet Rise Foundation New York, NY | $46,097,612 | $11,599,378 |
Gerry Foundation Inc Liberty, NY | $111,892,284 | $11,122,515 |
Moise Y Safra Foundation Inc New York, NY | $57,760,218 | $6,334,851 |
Rockefeller Archive Center Sleepy Hollow, NY | $198,097,366 | $11,995,066 |
Black River Outdoor Education Program Inc Great Neck, NY | $0 | $235,026 |
Tiger Baron Foundation Inc New York, NY | $135,800,192 | $10,090,454 |
Institute For Aegean Prehistory New York, NY | $0 | $4,040,162 |
Birthright Israel North America Inc New York, NY | $2,756,137 | $5,688,766 |