Legacy Life Foundation Inc

Foundation · Grantmaker Lakewood Ranch, FL EIN: 81-1780406

Legacy Life Foundation Inc is a private foundation focused on Religion Related, based in Lakewood Ranch, FL. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $5.1M in total assets. In 2025, it awarded 3 grants totaling $3K. Net investment income was $188K.

Key facts about Legacy Life Foundation Inc

In short: Legacy Life Foundation Inc gave $3K across 3 grants in 2025 (avg $833.333), mostly in Florida. Source: 2025 IRS Form 990-PF.

EIN
81-1780406
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$2,500
Grants made (2025)
3
Average grant
$833
Median grant
$1,000
Total assets
$5,056,032
Primary geography
Florida (100% of itemized 2025 grant dollars)

Data from IRS Form 990-PF, 2025; updated September 2026.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$5.1M

+0.5% YoY

Annual Giving

$3K

+150.0% YoY

Grant Count

3

+200.0% YoY

Avg Grant Size

$833.333

-16.7% YoY

Under IRS private-foundation payout rules, Legacy Life Foundation Inc reported a distributable amount of $209K for 2025 — the minimum it must pay out in qualifying distributions.

How Legacy Life Foundation Inc gives

  • Giving fell 93% from 2022 to 2025. Method
  • In 2025 it paid out 85% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method

From the foundation's IRS Form 990 filings. Methodology.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

3states

Share of all 3 itemized 2025 grant dollars.

Cities

North Palm BeachOdessaTampaCarlsbadSt AugustineTroy

Giving Over Time

Total grant dollars and number of grants per year

$0$10K$20K$30K$40K0 grants20190 grants20200 grants20213 grants20222 grants20231 grants20243 grants2025

Grant Insights

How this funder distributes its grants

Top Recipients

Top 3 recipients in 2025

Dr Angeli Benjamin: $1KDr Angeli Benjamin$1KPonce Church: $1KPonce Church$1KEagle Strength Foundation Inc: $500Eagle Strength Foundation Inc$500

Grant Size Distribution

9 grants across all recorded years

9<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
DR ANGELI BENJAMIN Tampa, FLSUPPORT AFTER INJURY$1,000
PONCE CHURCH St Augustine, FLGENERAL SUPPORT$1,000
EAGLE STRENGTH FOUNDATION INC Odessa, FLGENERAL SUPPORT$500

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$200K$400K$600K2019202020212022202320242025
Metric202520242023
Total Assets$5,056,032$5,031,613$4,786,684
Revenue$323,294$282,730$517,365
Expenses$298,360$386,927$174,407
Qualifying Distributions$177,470$256,700$144,171
Net Investment Income$188,402$114,280$22,507
Distributable Amount$208,705$156,922$20,776

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-EZ for fiscal year 2019 (received by the IRS May 11, 2020)
  2. Updated Form 990-EZ for fiscal year 2020 (received by the IRS October 20, 2021)
  3. Updated Form 990-PF for fiscal year 2022 (received by the IRS September 19, 2023)
  4. Updated Form 990-PF for fiscal year 2023 (received by the IRS September 11, 2024)
  5. Updated Form 990-PF for fiscal year 2024 (received by the IRS May 8, 2025)
  6. Updated Form 990-PF for fiscal year 2025 (received by the IRS March 16, 2026)
  7. IRS filings on file for fiscal years 2019–2025

Leadership & Key People

Officers and directors from IRS filings

Legacy Life Foundation Inc is led by Margherita Gardner, President on every filing since 2019; 1 of 6 officers listed in 2025 is compensated.

Officers on the 2025 filing

  • Margherita Gardner

    President

    On filings since 2019

    30 hrs/week

    No compensation reported

  • Ron Repice

    Director

    On filings since 2022

    1 hr/week

    $500 (2025)

  • Curtis Winnie

    Director

    On filings since 2022

    1 hr/week

    No compensation reported

  • Donna Caumartin

    Director

    On filings since 2022

    1 hr/week

    No compensation reported

  • Dan Gardner

    Secretary

    On filings since 2019

    30 hrs/week

    No compensation reported

  • Lisa Mason

    Treasurer

    Secretary & Treasurer → Treasurer, 2020

    On filings since 2019

    10 hrs/week

    No compensation reported

Former officers (2)
  • Former: Caterina Passerini (2019–2021) — Director
  • Former: Joanne Di Paola (2019–2021) — Director

Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2025 IRS filing

Ron Repice — Director: $500Ron RepiceDirector$500

Frequently asked questions about Legacy Life Foundation Inc

How much does Legacy Life Foundation Inc give each year?

Legacy Life Foundation Inc gave $3K across 3 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $1K across 1 grant.

What is Legacy Life Foundation Inc's typical grant size?

Legacy Life Foundation Inc's median grant in 2025 was $1,000, and its average grant was $833, across 3 grants on its 2025 IRS Form 990-PF.

Where does Legacy Life Foundation Inc give grants?

Legacy Life Foundation Inc gives mostly in Florida: 100% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there.

Does Legacy Life Foundation Inc give general operating support?

Yes: 67% of Legacy Life Foundation Inc's 2025 grants with a stated purpose (2 of 3) were for general or operating support, per its 2025 IRS Form 990-PF.

How large is Legacy Life Foundation Inc?

Legacy Life Foundation Inc reported $5.1M in total assets on its 2025 IRS Form 990-PF. It paid out $177K in qualifying distributions that year, against a required minimum of $209K (roughly 5% of its investment assets).

What is Legacy Life Foundation Inc?

Legacy Life Foundation Inc is a private foundation focused on Religion Related, based in Lakewood Ranch, FL. It holds $5.1M in total assets as of 2025.

What is Legacy Life Foundation Inc's EIN?

Legacy Life Foundation Inc's EIN (Employer Identification Number) is 81-1780406. IRS Form 990 filing data is available on this page for 2019–2025.

Data last updated September 2026. Sourced from IRS Form 990 filings.

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