Legacy Returns Family Foundation Inc

WEST NEWTON, MA EIN: 33-2296930

Legacy Returns Family Foundation Inc is a private foundation focused on Human Services, based in WEST NEWTON, MA. IRS filing data is available for 2024. As of 2024, the organization holds $1.5M in total assets. In 2024, it awarded 4 grants totaling $11K. Net investment income was $2K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$1.5M

Annual Giving

$11K

Grant Count

4

Avg Grant Size

$3K

Under IRS private-foundation payout rules, Legacy Returns Family Foundation Inc reported a distributable amount of $2K for 2024 — the minimum it must pay out in qualifying distributions.

About Legacy Returns Family Foundation Inc

Based on IRS filings

Legacy Returns Family Foundation Inc is a private foundation focused on Human Services, based in WEST NEWTON, MA. IRS filing data is available for 2024. As of 2024, the organization holds $1.5M in total assets. In 2024, it awarded 4 grants totaling $11K. Net investment income was $2K.

Focus Areas

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1states

Cities

BostonJamaica PlainsNeedhamWaltham

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$413K$826K$1M$2M2024
Metric2024
Total Assets$1,491,363
Revenue$1,502,363
Expenses$12,874
Qualifying Distributions$12,874
Net Investment Income$2,363
Distributable Amount$2,252

Giving Over Time

Total grant dollars and number of grants per year

$0$3K$6K$8K$11K4 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 4 recipients in 2024

St Sebastians$10KMore Than Words$500Boston Community Pediatr…$250Nativity Prep$250

Grant Size Distribution

4 grants across all recorded years

4<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include St Sebastians ($10,000), More Than Words ($500), Boston Community Pediatrics ($250).

RecipientPurposeAmount
St Sebastians Needham, MAGeneral support for programming.$10,000
Boston Community Pediatrics Boston, MAGeneral support for programming.$250
Nativity Prep Jamaica Plains, MAGeneral support for programming.$250
More Than Words Waltham, MAGeneral support for programming.$500

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
Matthew KrummellPresident1
Valerie DavissonTreasurer1
Natalie RankinSecretary1

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Legacy Returns Family Foundation Inc?

Legacy Returns Family Foundation Inc is a private foundation focused on Human Services, based in WEST NEWTON, MA. It holds $1.5M in total assets as of 2024.

How large is Legacy Returns Family Foundation Inc?

As of 2024, Legacy Returns Family Foundation Inc holds $1.5M in total assets with $1.5M in annual revenue. It awarded 4 grants totaling $11K in 2024.

Where does Legacy Returns Family Foundation Inc operate?

Legacy Returns Family Foundation Inc has awarded grants in Massachusetts.

What size grants does Legacy Returns Family Foundation Inc award?

In 2024, Legacy Returns Family Foundation Inc awarded 4 grants totaling $11K — an average of about $3K per grant, based on its IRS Form 990 filings.

How much is Legacy Returns Family Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Legacy Returns Family Foundation Inc reported a distributable amount of $2K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Legacy Returns Family Foundation Inc's EIN?

Legacy Returns Family Foundation Inc's EIN (Employer Identification Number) is 33-2296930. IRS Form 990 filing data is available on this page for 2024.

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Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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