Heart of Gold Legacy Foundation

EL CAJON, CA EIN: 51-0562506

Heart of Gold Legacy Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in EL CAJON, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $6.8M in total assets. In 2024, it made $271K in qualifying distributions. Net investment income was $164K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$6.8M

+4.8% YoY

Revenue

$243K

+44.8% YoY

Qualifying Distributions

$271K

-9.6% YoY

Expenses

$345K

-5.3% YoY

Under IRS private-foundation payout rules, Heart of Gold Legacy Foundation reported a distributable amount of $286K for 2024 — the minimum it must pay out in qualifying distributions.

About Heart of Gold Legacy Foundation

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

California $14K (87%)

Arizona $2K (13%)

States

Arizona California

Cities

ActonCarlsbadEl CajonElk GroveHuntington BeachLemon GroveLos GatosOaklandPacific GroveParamountSan DiegoSan JoseSan MarcosSan RafaelSanta CruzSherman OaksTemeculaTempe

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$6,797,464	$6,487,649	$6,170,988
Revenue	$243,104	$167,885	$17,029
Expenses	$345,232	$364,644	$329,226
Qualifying Distributions	$270,864	$299,757	$263,071
Net Investment Income	$164,024	$101,698	$87,722
Distributable Amount	$285,761	$264,754	$279,494

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 2024

Grant Size Distribution

28 grants across all recorded years

Giving History

Grant recipients and amounts by year

No grants recorded for 2024.

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
TERESITA B BACANI	President	1	—
ERLINDA G BUHAY	Secretary	7	$5,950
DARHYL BESA	CFO	10	$28,380

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is Heart of Gold Legacy Foundation?

Heart of Gold Legacy Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in EL CAJON, CA. It holds $6.8M in total assets as of 2024.

How large is Heart of Gold Legacy Foundation?

As of 2024, Heart of Gold Legacy Foundation holds $6.8M in total assets with $243K in annual revenue.

Where does Heart of Gold Legacy Foundation operate?

Heart of Gold Legacy Foundation has awarded grants in Arizona, California.

How much is Heart of Gold Legacy Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Heart of Gold Legacy Foundation reported a distributable amount of $286K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Heart of Gold Legacy Foundation's EIN?

Heart of Gold Legacy Foundation's EIN (Employer Identification Number) is 51-0562506. IRS Form 990 filing data is available on this page for 2020–2024.