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Category: Philanthropy, Voluntarism, and Public Benefit

Legacy Foundation, Inc.

 

Merrillville, IN

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Legacy Foundation, Inc.

Physical Address:
Merrillville, IN 46410 5608
EIN:
35-1872803
Web URL:
www.legacyfoundation...
Leadership:
Harry J. Vande Velde, Chief Executive

Legitimacy Information

  • This organization is registered with the IRS.
  • This organization is required to file an IRS Form 990 or 990-EZ.

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Forms 990 from IRS Additional Information IRS Form 990 is an annual document used by approximately one-third of all public charities to report information about their finances and operations to the federal government. GuideStar uses data from Form 990 to populate its database with financial information about nonprofit organizations. Posting Form 990 images on the GuideStar Web site is an ongoing process.

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  • Financial Health Dashboard: Highlights key financial trends and ratios for a selected nonprofit organization over a period of up to five years.
  • Peer Comparison Dashboard: Compares the organization's financials with up to five peer nonprofits that you select.
  • Graphical Analysis: Provides multi-year graphs and an interpretive guide in a format ready to present to your clients.
  • Printable PDF Report: Provides a complete analysis of the organization for your records. The full report tells you what to look for and why it matters.
  • Advanced Search: Allows you to search by EIN (Employer Identification Number), organization name, city, state, revenue, expenses, and assets.

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Annual Revenue & Expenses Additional Information Financial information on GuideStar is either digitized from Form 990 images we receive from the IRS or submitted by the nonprofits themselves through the GuideStar Exchange (990 filers cannot override Form 990 financial data). If your organization does not file a Form 990, 990-EZ, or 990-PF and you would like to have your financial data displayed in this section, join the GuideStar Exchange today!

Fiscal Year Starting: Jul 01, 2009
Fiscal Year Ending: Jun 30, 2010
Revenue
Total Revenue $1,481,296
Expenses
Total Expenses $3,079,622

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Financial SCAN

Financial SCAN

Key Financial SCAN Features

  • Financial Health Dashboard: Highlights key financial trends and ratios for a selected nonprofit organization over a period of up to five years.
  • Peer Comparison Dashboard: Compares the organization's financials with up to five peer nonprofits that you select.
  • Graphical Analysis: Provides multi-year graphs and an interpretive guide in a format ready to present to your clients.
  • Printable PDF Report: Provides a complete analysis of the organization for your records. The full report tells you what to look for and why it matters.
  • Advanced Search: Allows you to search by EIN (Employer Identification Number), organization name, city, state, revenue, expenses, and assets.

View Sample Report

More Information

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Confirmed in compliance with National<br />Standards for U.S. Community Foundations
GuideStar Exchange Member

This organization has earned the GuideStar Exchange Seal, demonstrating its commitment to transparency.

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Basic Organization Information

Legacy Foundation, Inc.

Physical Address:
Merrillville, IN 46410 5608
EIN:
35-1872803
Web URL:
www.legacyfoundation... 
NTEE Category:
T Philanthropy, Voluntarism, and Grantmaking 
T31 Community Foundations 
Year Founded:
1992 
Ruling Year:
1997 

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Mission Statement

Our Mission is to encourage philanthropy, support good works, and inspire leadership in Lake County.

Expert Reviews

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Impact Statement

Our Vision is that as the trusted philanthropic leader in our community, we will shape a better future through the daily practice of our guiding principles.
Guiding Principles
  • We are a county wide institution, understanding and actively supporting the community through the eighteen towns, cities, and areas of Lake County.
  • We value partnering with people and institutions to strengthen our communities.
  • We believe in the power of individuals to build community as we nurture and support effective leadership.
  • We support a strong nonprofit sector to do innovative and impactful work.
  • We provide quality service by actively listening and responding to our constituents.
  • We are an organization that values shared contributions while supporting an environment that encourages diversity of thought, learning, teamwork, ethical conduct, transparency and trust.

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Financial SCAN

Financial SCAN

Key Financial SCAN Features

  • Financial Health Dashboard: Highlights key financial trends and ratios for a selected nonprofit organization over a period of up to five years.
  • Peer Comparison Dashboard: Compares the organization's financials with up to five peer nonprofits that you select.
  • Graphical Analysis: Provides multi-year graphs and an interpretive guide in a format ready to present to your clients.
  • Printable PDF Report: Provides a complete analysis of the organization for your records. The full report tells you what to look for and why it matters.
  • Advanced Search: Allows you to search by EIN (Employer Identification Number), organization name, city, state, revenue, expenses, and assets.

View Sample Report

More Information

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Revenue and Expenses

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Balance Sheet

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Close 

Financial SCAN

Financial SCAN

Key Financial SCAN Features

  • Financial Health Dashboard: Highlights key financial trends and ratios for a selected nonprofit organization over a period of up to five years.
  • Peer Comparison Dashboard: Compares the organization's financials with up to five peer nonprofits that you select.
  • Graphical Analysis: Provides multi-year graphs and an interpretive guide in a format ready to present to your clients.
  • Printable PDF Report: Provides a complete analysis of the organization for your records. The full report tells you what to look for and why it matters.
  • Advanced Search: Allows you to search by EIN (Employer Identification Number), organization name, city, state, revenue, expenses, and assets.

View Sample Report

More Information

Forms 990 Received from the IRS Additional Information IRS Form 990 is an annual document used by approximately one-third of all public charities to report information about their finances and operations to the federal government. GuideStar uses data from Form 990 to populate its database with financial information about nonprofit organizations. Posting Form 990 images on the GuideStar Web site is an ongoing process.

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Forms 990 Provided by the Nonprofit

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Financial Statements

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Annual Reports

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Formation Documents Additional Information A Letter of Determination is a letter from the IRS to a nonprofit organization stating that the organization has successfully applied for tax-exempt status. In this document the IRS indicates under which section of the Internal Revenue Code an organization is qualified.

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Organizational Statistics

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Chief Executive

Harry J. Vande Velde

Term:

Since June 2010

Chief Executive Profile:

Harry joined Legacy Foundation in June 2010 as the organization’s third president since its founding in 1992. He oversees management of the foundation's $38 million in assets, works with the volunteer board of directors and the staff to drive the foundation's role as Lake County's philanthropic partner, and engages with regional leadership to support community initiatives.

Harry co-chairs the Race Relations Council of Northwest Indiana and serves on the Northwest Indiana Quality of Life Council, The Times Northwest Indiana Editorial Advisory Board, the Adult Education Alliance, and the Northern Indiana Public Service Company (NIPSCO) Consumber Advisory Board.

Harry has nearly 30 years of experience in nonprofit leadership, fundraising and education. Prior to joining Legacy Foundation, he was vice president of development for the Boys & Girls Clubs of Chicago. He served as CEO of St. Jude League & Claretian Publications in Chicago, and as president of the Schools of St. Benedict in Chicago. In addition, Harry has led numerous successful major gift and capital campaigns with Community Counseling Service and St. Ignatius High School in Cleveland, Ohio, where he also taught and coached. His experience also includes nonprofit consulting and presenting.

Harry earned a master’s degree in education with a concentration in supervision from Cleveland State University, and a bachelor’s degree in education from the University of Dayton.

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Board Chair

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Board of Directors

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Officers for Fiscal Year

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Highest Paid Employees & Their Compensation

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Program: Community Foundation

Budget:
$1,890,334
Category:
Philanthropy, Voluntarism & Grantmaking
Population Served:
General Public/Unspecified

Program Description:

1. The Foundation provides discretionary grants in support of; Arts and Culture, Civic Affairs, Community Development, Education, Environment, Health and Human Services and Youth. 2. Facilitate the Great Lake Award Initiative in Non-Profit Excellence created to build the capacity of the non-profit sector serving Lake County. 3. Co-sponsor a Youth Philanthropy Council with area Rotary Clubs providing hands on leadership opportunities for high school seniors to serve as grant makers.

Program Long-Term Success:

Over $3 million distributed to many worthy organizations and charitable causes

Program Short-Term Success:

Program Success Monitored by:

Program Success Examples:

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Funding Needs

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Volunteer Needs

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Request for In-Kind Contributions

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