Legacy Foundation Of Tompkins County
- Assets
- $3.0m
- Revenue
- $216.2k
- Investments
- $2.9m
- Employees
- 0
- Location
- Ithaca, NY
- Founding
- 05/1961
- Data as of
- 12/2022
- EIN
- 15-6018481
Organization Overview
Legacy Foundation Of Tompkins County is located in Ithaca, NY. The organization was established in 1961. According to its NTEE Classification (B12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Legacy Foundation Of Tompkins County 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 12/2022, Legacy Foundation Of Tompkins County generated $216.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (4.4%) each year. All expenses for the organization totaled $336.7k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Legacy Foundation Of Tompkins County has awarded 141 individual grants totaling $706,122. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mary Opperman President | 1 | $0 | |
Gregory Galvin Director | 1 | $0 | |
Peter Grossman Secretary/treasurer | 1 | $0 | |
Peter Salmon Director | 1 | $0 | |
Joanne Florino Vice President | 1 | $0 | |
Thomas Livigne Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $80,048 |
| Interest on Savings | $0 |
| Dividends & Interest | $68,345 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $67,832 |
| Capital Gain Net Income | $67,832 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $216,225 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,326 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $17,607 |
| Total operating and administrative expenses | $109,852 |
| Contributions, gifts, grants paid | $226,825 |
| Total expenses and disbursements | $336,677 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $125,321 |
| 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 | $0 |
| Other assets | $0 |
| Total assets | $2,986,093 |
| 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 | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Legacy Foundation Of Tompkins County has awarded $226,825 in support to 62 organizations.
| Grant Recipient | Amount |
|---|---|
GROUNDSWELL CENTER FOR LOCAL FOOD & FARMING PURPOSE: AWARDS, CONTRIBUTIONS & OPERATIONS | $3,000 |
FRIENDSHIP DONATIONS NETWORK PURPOSE: AWARDS, CONTRIBUTIONS & OPERATIONS | $2,500 |
ITHACA COMMUNITY RADIO PURPOSE: AWARDS, CONTRIBUTIONS & OPERATIONS | $4,000 |
STATE THEATRE OF ITHACA INC PURPOSE: AWARDS, CONTRIBUTIONS & OPERATIONS | $8,000 |
COMMUNITY ARTS PARTNERSHIP OF TOMPKINS COUNTY PURPOSE: AWARDS, CONTRIBUTIONS & OPERATIONS | $2,500 |
ITHACA NEIGHBORHOOD HOUSING SERVICES INC PURPOSE: AWARDS, CONTRIBUTIONS & OPERATIONS | $5,000 |