THE ORGANIZATION WAS ESTABLISHED TO PROVIDE FINANCIAL AND TECHNICAL SUPPORT TO, AND FURTHER THE EDUCATIONAL AND CHARITABLE PURPOSES OF THE LEGACY COLLEGE PREPARATORY CHARTER SCHOOL IN THE STATE OF NEW YORK.
Key facts about Friends of Legacy Inc
- EIN
- 85-0964002
- Latest 990 filing
- Form 990-PF, 2025
- Total assets
- $62,940,008
Data from IRS Form 990-PF, 2025; updated September 2026.
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Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$62.9M
-11.1% YoY
Revenue
$-568,273
-13.2% YoY
Net Investment Income
—
Expenses
$630K
+3.3% YoY
About Friends of Legacy Inc
Based on IRS filings
Friends of Legacy Inc is a nonprofit organization focused on Education, based in Bronx, NY. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $62.9M in total assets.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $62,940,008 | $70,798,542 | $72,816,660 |
| Revenue | $-568,273 | $-654,380 | $-87,620 |
| Expenses | $629,597 | $609,400 | $1,086,173 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | — | — | — |
| Distributable Amount | — | — | — |
Data update history
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2023 (received by the IRS April 1, 2024)
- Added Form 990 for fiscal year 2025 (received by the IRS May 5, 2026)
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 0 recipients in 2025
Grant Size Distribution
1 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for 2025.
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
No officer or director reported compensation in the available filings.
From 2025 IRS filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Catherine Hausmann | Board Chair | 1 | — |
| Yvonne Guiellen | Secretary | 1 | — |
| Michael Rakiter | Treasurer | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Friends of Legacy Inc?
Friends of Legacy Inc is a nonprofit organization focused on Education, based in Bronx, NY. It holds $62.9M in total assets as of 2025.
How large is Friends of Legacy Inc?
As of 2025, Friends of Legacy Inc holds $62.9M in total assets with $-568,273 in annual revenue.
Where does Friends of Legacy Inc operate?
Friends of Legacy Inc has awarded grants in New York.
What is Friends of Legacy Inc's EIN?
Friends of Legacy Inc's EIN (Employer Identification Number) is 85-0964002. IRS Form 990 filing data is available on this page for 2021–2025.
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Data last updated September 2026. Sourced from IRS Form 990-PF filings.