Legato Foundation

Private foundation · Grantmaker Denver, CO EIN: 37-6683454

Legato Foundation is a private foundation, based in Denver, CO. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $8.7M in total assets. In 2025, it awarded 4 grants totaling $376K. Net investment income was $27K.

Key facts about Legato Foundation

In short: Legato Foundation gave $376K across 4 grants in 2025 (avg $94K), mostly in Virginia. Source: 2025 IRS Form 990-PF.

EIN
37-6683454
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$375,506
Grants made (2025)
4
Average grant
$93,877
Median grant
$60,253
Total assets
$8,696,922
Primary geography
Virginia (67% 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

$8.7M

+127.0% YoY

Annual Giving

$376K

-70.8% YoY

Grant Count

4

-42.9% YoY

Avg Grant Size

$94K

-48.9% YoY

Under IRS private-foundation payout rules, Legato Foundation reported a distributable amount of $194K for 2025 — the minimum it must pay out in qualifying distributions.

How Legato Foundation gives

  • Giving grew 753% from 2022 to 2025. Method
  • In 2025 it paid out 193% of its IRS minimum distribution (the 5% rule). Method

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

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

8states

Share of all 4 itemized 2025 grant dollars.

Cities

LittletonDenverVirginia BeachTucsonWheat RidgeBostonCherry Hills VillageElizabethGlenviewGunnisonGypsumMemphisMt PleasantPasadena

Giving Over Time

Total grant dollars and number of grants per year

$0$500K$1M$1.5M$2M2 grants20206 grants20213 grants20226 grants20237 grants20244 grants2025

From 2020 to 2025, annual grant giving ranged from $42K (2020) to $1.5M (2023). In 2025 it made 4 grants totaling $376K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 4 recipients in 2025

Navy Seal Foundation: $250KNavy Seal Foundation$250KRobbie's Hope: $100KRobbie's Hope$100KMission Hills Church: $21KMission Hills Church$21KEvans Scholar Foundation: $5KEvans Scholar Foundation$5K

The largest 2025 recipient was Navy Seal Foundation ($250K). Together the top 4 received $376K.

Grant Size Distribution

26 grants across all recorded years

11<$50K5$50–100K6$100–250K2$250–500K$500K–1M2$1–5M$5M+

The most common grant size was under $50K: 11 grants of 26 (42%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Navy Seal Foundation Virginia Beach, VATo Support the Mission of the Foundation.$250,000
Robbie's Hope Wheat Ridge, COTo Further Charitable Purpose.$100,000
Mission Hills Church Littleton, COTo Further Charitable Purpose.$20,506
Evans Scholar Foundation Glenview, ILTo Support the Foundation$5,000

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$2M$4M$6M202020212022202320242025
Metric202520242023
Total Assets$8,696,922$3,831,808$2,937,031
Revenue$5,239,492$2,682,945$772,801
Expenses$418,227$1,306,609$1,548,228
Qualifying Distributions$375,506$1,289,933$1,524,922
Net Investment Income$27,305$447,722$163,778
Distributable Amount$194,312$104,587$145,028

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2020 (received by the IRS November 15, 2021)
  2. Updated Form 990-PF for fiscal year 2021 (received by the IRS November 15, 2022)
  3. Updated Form 990-PF for fiscal year 2022 (received by the IRS November 7, 2023)
  4. Updated Form 990-PF for fiscal year 2023 (received by the IRS October 30, 2024)
  5. Updated Form 990-PF for fiscal year 2024 (received by the IRS November 17, 2025)
  6. Added Form 990-PF for fiscal year 2025 (received by the IRS May 12, 2026)

Leadership & Key People

Officers and directors from IRS filings

Legato Foundation's 2025 filing lists 2 officers; none of the 2 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Daniel A Vecchiarelli

    Trustee

    On filings since 2020

    No compensation reported

  • Gina M Vecchiarelli

    Trustee

    On filings since 2020

    No compensation reported

Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Frequently asked questions about Legato Foundation

How much does Legato Foundation give each year?

Legato Foundation gave $376K across 4 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $1.3M across 7 grants.

What is Legato Foundation's typical grant size?

Legato Foundation's median grant in 2025 was $60,253, and its average grant was $93,877, across 4 grants on its 2025 IRS Form 990-PF.

Where does Legato Foundation give grants?

Legato Foundation gives mostly in Virginia: 67% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest state was Colorado (32%).

Does Legato Foundation give general operating support?

Not in 2025: none of the 4 grants with a stated purpose on Legato Foundation's 2025 IRS Form 990-PF were described as general or operating support.

How large is Legato Foundation?

Legato Foundation reported $8.7M in total assets on its 2025 IRS Form 990-PF. It paid out $376K in qualifying distributions that year, against a required minimum of $194K (roughly 5% of its investment assets).

What is Legato Foundation's EIN?

Legato Foundation's EIN (Employer Identification Number) is 37-6683454. IRS Form 990 filing data is available on this page for 2020–2025.

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

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