Legum Foundation Inc

Foundation · Grantmaker Baltimore, MD EIN: 06-1772390

Legum Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Baltimore, MD. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.6M in total assets. In 2024, it awarded 1 grant totaling $702K. Net investment income was $93K.

Key facts about Legum Foundation Inc

EIN
06-1772390
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$701,997
Grants made (2024)
1
Average grant
$701,997
Median grant
$701,997
Total assets
$1,638,889
Primary geography
Maryland (100% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated September 2026.

How Legum Foundation Inc gives

  • Giving held roughly steady from 2021 to 2024 (+7%). Method
  • In 2024 it paid out 779% of its IRS minimum distribution (the 5% rule). Method

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

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Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$1.6M

-17.3% YoY

Annual Giving

$702K

+87.0% YoY

Grant Count

1

+0.0% YoY

Avg Grant Size

$702K

+87.0% YoY

Under IRS private-foundation payout rules, Legum Foundation Inc reported a distributable amount of $90K for 2024 — the minimum it must pay out in qualifying distributions.

About Legum Foundation Inc

Based on IRS filings

Legum Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Baltimore, MD. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.6M in total assets. In 2024, it awarded 1 grant totaling $702K. Net investment income was $93K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of all 1 itemized 2024 grant dollars.

States

Cities

Baltimore

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$691K$1M$2M$3M20202021202220232024
Metric202420232022
Total Assets$1,638,889$1,982,776$2,241,967
Revenue$30,834$110,296$2,511,575
Expenses$706,203$395,982$732,511
Qualifying Distributions$701,997$375,431$715,017
Net Investment Income$93,254$105,706$1,097,718
Distributable Amount$90,079$121,355$63,073

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

Giving Over Time

Total grant dollars and number of grants per year

$0$179K$358K$536K$715K1 grants20201 grants20211 grants20221 grants20231 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

See Attached Statement: $702KSee Attached Statement$702K

Grant Size Distribution

5 grants across all recorded years

<$50K$50–100K$100–250K2$250–500K3$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest recipients include See Attached Statement ($701,997).

RecipientPurposeAmount
SEE ATTACHED STATEMENT Baltimore, MDGENERAL FUND$701,997

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

No officer or director reported compensation in the available filings.

From 2024 IRS filing

NameTitleHoursCompensation
Jeffrey LegumParttime Trustee——
Michael LegumParttime Trustee——
Harriett LegumParttime Trustee——
Laurie LegumParttime Trustee——

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Legum Foundation Inc?

Legum Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Baltimore, MD. It holds $1.6M in total assets as of 2024.

How large is Legum Foundation Inc?

As of 2024, Legum Foundation Inc holds $1.6M in total assets with $31K in annual revenue. It awarded 1 grant totaling $702K in 2024.

Where does Legum Foundation Inc operate?

Legum Foundation Inc has awarded grants in Maryland.

What size grants does Legum Foundation Inc award?

In 2024, Legum Foundation Inc awarded 1 grant totaling $702K — an average of about $702K per grant, based on its IRS Form 990 filings.

How much is Legum Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Legum Foundation Inc reported a distributable amount of $90K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Legum Foundation Inc's EIN?

Legum Foundation Inc's EIN (Employer Identification Number) is 06-1772390. IRS Form 990 filing data is available on this page for 2020–2024.

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

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