Summit Legacy Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in FORT WAYNE, IN. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $10.5M in total assets. In 2024, it awarded 12 grants totaling $351K. Net investment income was $403K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$10.5M
-1.9% YoY
Annual Giving
$351K
-24.2% YoY
Grant Count
12
+300.0% YoY
Avg Grant Size
$29K
-81.1% YoY
Under IRS private-foundation payout rules, Summit Legacy Foundation Inc reported a distributable amount of $442K for 2024 — the minimum it must pay out in qualifying distributions.
About Summit Legacy Foundation Inc
Based on IRS filings
Summit Legacy Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in FORT WAYNE, IN. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $10.5M in total assets. In 2024, it awarded 12 grants totaling $351K. Net investment income was $403K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $10,485,052 | $10,686,781 | $11,022,420 |
| Revenue | $734,249 | $664,897 | $598,292 |
| Expenses | $489,118 | $519,440 | $424,130 |
| Qualifying Distributions | $379,593 | $480,972 | $249,500 |
| Net Investment Income | $403,454 | $333,893 | $116,096 |
| Distributable Amount | $441,683 | $447,879 | $464,311 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
21 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Community Foundation of Greater Fort Wayne ($255,000), Fort Wayne Trails ($25,000), Bridge of Grace Ministries ($25,000).
| Recipient | Purpose | Amount |
|---|---|---|
| COMMUNITY FOUNDATION OF GREATER FORT WAYNE FORT WAYNE, IN | TO SUPPORT THE COMMUNITY FOUNDATION IN THEIR GOAL OF IMPROVING THE LIVES OF EVERYONE IN THE FORT WAYNE AREA. | $255,000 |
| LAKEWOOD PARK CHRISTIAN SCHOOL AUBURN, IN | TO SUPPORT THE CONTINUANCE OF EDUCATION TO THE YOUTH WITH BASIC SUPPLIES. | $2,500 |
| WITMER LAKE OWNERS ASSOCIATION WOLCOTVILLE, IN | TO PROMOTE AND ENFORCE SAFETY AMONG SHROELINES AND EDUCATE PROPERTY OWNERS ON THE BEST PRACTICES TO MAINTAIN THESE CONDITIONS. | $5,000 |
| WORLD BASEBALL ACADEMY FORT WAYNE, IN | TO PROMOTE AND EDUCATE THE YOUTH ON THE GAME OF BASEBALL, AS WELL AS GIVE THEM A SAFE PLACE TO PRACTICE AND IMPROVE THEIR SKILLS. | $2,500 |
| BOYS & GIRLS CLUB OF NORTHEAST INDIANA FORT WAYNE, IN | TO SUPPORT THE GREAT FUTURES GALA EVENT FOR THE YOUTH OF FORT WAYNE. | $2,500 |
| FORT WAYNE AMATEUR HOCKEY ASSOCIATION FORT WAYNE, IN | TO SUPPORT THE LOCAL YOUTH IN CONTINUING THEIR JOURNEY IN HOCKEY. | $2,500 |
| UNITED WAY OF ALLEN COUNTY FORT WAYNE, IN | TO BRING POSIVE CHANGE WITHIN ALLEN COUNTY AND IMPROVE THE LIVES IN THEIR COMMUNITY. | $2,500 |
| FORT WAYNE TRAILS FORT WAYNE, IN | TO ADVOCATE FOR A SAFE, ACCESSIBLE TRAIL SYSTEM THAT IMRPOVES THE QUALIFY OF LIFE IN THE FORT WAYNE AREA. | $25,000 |
| BRIDGE OF GRACE MINISTRIES FORT WAYNE, IN | TO HELP PROVIDE HOPE TO SOUTHEAST FORT WAYNE RESIDENTS THROUGH HOUSING, OPPORTUNITY, PROGRESS, AND EDUCATION. | $25,000 |
| HEMPHILL SMITH ART FOUNDATION FORT WAYNE, IN | TO HELP CONTINUE THE ARTISTIC MOMENTUM IN THE FORT WAYNE AREA. | $25,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| JOEL HARTER | DIRECTOR | 1 | — |
| JEREMY SENK | DIRECTOR | 1 | — |
| JEANNE LONGSWORTH | DIRECTOR | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Summit Legacy Foundation Inc?
Summit Legacy Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in FORT WAYNE, IN. It holds $10.5M in total assets as of 2024.
How large is Summit Legacy Foundation Inc?
As of 2024, Summit Legacy Foundation Inc holds $10.5M in total assets with $734K in annual revenue. It awarded 12 grants totaling $351K in 2024.
Where does Summit Legacy Foundation Inc operate?
Summit Legacy Foundation Inc has awarded grants in Florida, Indiana, Maryland.
What size grants does Summit Legacy Foundation Inc award?
In 2024, Summit Legacy Foundation Inc awarded 12 grants totaling $351K — an average of about $29K per grant, based on its IRS Form 990 filings.
How much is Summit Legacy Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Summit Legacy Foundation Inc reported a distributable amount of $442K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Summit Legacy Foundation Inc's EIN?
Summit Legacy Foundation Inc's EIN (Employer Identification Number) is 87-1143126. IRS Form 990 filing data is available on this page for 2021–2024.
Explore Open Grants
Browse active grant opportunities in Summit Legacy Foundation Inc's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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