Foundation Of The Legacy Guild

Organization Overview

Foundation Of The Legacy Guild is located in Western Springs, IL. The organization was established in 2012. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, 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. Foundation Of The Legacy Guild 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, Foundation Of The Legacy Guild generated $308.3k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 2.9% each year. All expenses for the organization totaled $252.8k during the year ending 12/2022. While expenses have increased by 4.8% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

THE LEGACY GUILD HONORS THE MEMORY OF PARENTS WHO HAVE DIED BY PROVIDING THEIR SURVIVING CHILDREN WITH CAREER MENTORING AND COLLEGE SCHOLARSHIPS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE LEGACY GUILD AWARDED 75 EDUCATIONAL SCHOLARSHIPS DURING 2022 FOR POST-SECONDARY STUDIES.


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Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$172,929
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$34,541
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$207,470
Total Program Service Revenue$0
Investment income $17,901
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $82,971
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $308,342

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