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The Legacy Foundation
The Legacy Foundation reported $4.2 million in revenue and $3.0 million in expenses for the fiscal year ending September 30, 2025. Of every $100 it spent, $91.21 went to program services, $8.79 to management and general costs and $0.00 to fundraising. Its largest source of revenue was investment income: 100.0% of the total. The highest compensation it reported for one person was $210,859 (SECRETARY/TREASURER). Source: Form 990, FY2025.
Where $100 of spending went
The fiscal year ending September 30, 2025 · Form 990, Part IX, line 25 · total expenses $3.0MFor context, the median across 876 covered arts, culture & humanities charities: $79.98 programs, $13.89 management, $6.13 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
The fiscal year ending September 30, 2025 · Form 990, Part VIII · total revenue $4.2MThe 990 scorecard · same measures for every charity, no grades
| Measure | FY2025 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 91.2% | 78.5% |
| Management & general Part IX 25(C) ÷ 25(A) | 8.8% | 13.6% |
| Fundraising Part IX 25(D) ÷ 25(A) | 0.0% | 6.0% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | Not reported | $0.10 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 0.0% | 57.5% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 0.0% | 1.7% |
| Program service revenue share Part VIII 2g ÷ 12 | 0.0% | 20.8% |
| Highest reported compensation Part VII-A, columns D–F | $210,859 | $385,706 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 6.92% | 2.03% |
| People paid over $100,000 Part VII, line 2 | 0 | 8 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 357.2 | 36.6 |
| Independent voting board members Part VI 1a–1b | 1 of 5 | 100.0% |
A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.
What the money paid for, in its own words
FY2025 · Form 990, Part III · the three largest programs by expenseLegacy Foundation will provide long term support to the legacy sites in montgomery, alabama. Acquisitions, site enhancements and development will be considered and evaluated by the foundation to improve, maintain and preserve the functioning of the spaces and the visitor experience
Highest reported compensation
FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| SECRETARY/TREASURER Director/trustee, officer, 20.00 hrs/week | $0 | $180,602 | $30,257 | $210,859 |
| DIRECTOR Director/trustee, 20.00 hrs/week | $0 | $151,073 | $29,057 | $180,130 |
| DIRECTOR Director/trustee, 20.00 hrs/week | $0 | $138,292 | $23,057 | $161,349 |
| DIRECTOR Director/trustee, 20.00 hrs/week | $0 | $85,138 | $25,457 | $110,595 |
0 people received more than $100,000 in reportable compensation from The Legacy Foundation (Part VII, line 2).
5 filings since FY2021 (3 mo.)
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means- Voting board members, and how many are independent Part VI, lines 1a–1b5 · 1 independent
- Audited financial statements Part XII 2bNo
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13Yes
- Document retention policy Part VI 14Yes
- Independent process for top executive pay Part VI 15aYes
- Board given the 990 before filing Part VI 11aYes
- Family or business ties among insiders Part VI 2No
- Aware of a significant diversion of assets Part VI 5No
- Excess benefit transaction with an insider Part IV 25aNo
- Loans to or from insiders outstanding Part IV 26No
- Lobbying, or a 501(h) election in effect Part IV 4No
- Over $15,000 of professional fundraising services Part IV 18No
- Over $10,000 of activity outside the U.S. Part IV 14bNo
- Employees Part I, line 50
Correct a figure or respond
Every number above is copied from The Legacy Foundation's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for The Legacy Foundation, you can publish a response that is linked from this page.
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Of every $100 The Legacy Foundation spent in FY2025, $91.21 went to programs. The full breakdown, from its IRS Form 990:
Questions people ask
How much of The Legacy Foundation's spending goes to programs?
In the fiscal year ending September 30, 2025, The Legacy Foundation reported that 91.2% of its $3.0 million in expenses went to program services, 8.8% to management and general and 0.0% to fundraising (Form 990, Part IX).
How much does The Legacy Foundation pay its top executive?
The largest total compensation The Legacy Foundation reported for one person in the fiscal year ending September 30, 2025 was $210,859, for the role of SECRETARY/TREASURER (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does The Legacy Foundation get its money?
Of $4.2 million in revenue in the fiscal year ending September 30, 2025, 0.0% came from contributions and grants and 0.0% from program service revenue (Form 990, Part VIII).
Is The Legacy Foundation a registered charity?
The IRS lists EIN 36-4993121 as a 501(c)(3) organization (publicly supported organization (170(b)(1)(a)(vi))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- FY2025: Form 990 for the fiscal year ending September 30, 2025, object 202642239349300319 · read the filing
- FY2024: Form 990 for the fiscal year ending September 30, 2024, object 202541649349300639 · read the filing
- FY2023: Form 990 for the fiscal year ending September 30, 2023, object 202411849349301406 · read the filing
- FY2022: Form 990 for the fiscal year ending September 30, 2022, object 202341159349300114 · read the filing
- FY2021 (3 mo.): Form 990 for the 3-month short period ending September 30, 2021, object 202220129349300012 · read the filing
All filings for EIN 36-4993121: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.