The Legacy Institute
To advance public education and community development in Colorado springs.
The Legacy Institute at a glance
In short: The Legacy Institute gave $68K across 4 grants in 2025 (avg $17K), mostly in Colorado. Source: 2025 IRS Form 990.
- Annual giving (2025)
- $67,500
- -12.9% vs 2024
- Grants made (2025)
- 4
- +0.0% vs 2024
- Average grant
- $16,875
- -12.9% vs 2024
- Median grant
- $17,500
- Total assets
- $1,374,414
- +200.0% vs 2024
- Primary geography
- Colorado (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990, 2025 View filing
Data from IRS Form 990, 2025; updated September 2026.
Who The Legacy Institute funds
How this funder distributes its grants
Top Recipients
Top 4 recipients in 2025
The largest 2025 recipient was Pikes Peak Community College Foundation ($25K). Together the top 4 received $68K.
Grant Size Distribution
16 grants across all recorded years
The most common grant size was under $50K: 12 grants of 16 (75%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 4 itemized grants.
States
Cities
How The Legacy Institute gives
- Giving grew 145% from 2022 to 2025. Method
From the foundation's IRS Form 990 filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2025, annual grant giving ranged from $28K (2022) to $878K (2023). In 2025 it made 4 grants totaling $68K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Pikes Peak Community College Foundation Colorado Springs, CO | Support of Mitchell Promise | $25,000 |
| Colorado Springs School of Technology Colorado Springs, CO | K-12 Innovation Grant | $25,000 |
| Atlas Preparatory School Colorado Springs, CO | School Partnership Grant | $10,000 |
| Parents Challenge Colorado Springs, CO | General Operations | $7,500 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2025 | $1,374,414 | $2,992,729 | $2,148,539 | $67,500 | 4 | $16,649 |
| 2024 | $458,062 | $620,178 | $1,634,096 | $77,500 | 4 | $3,885 |
| 2023 | $1,110,980 | $655,245 | $1,764,991 | $877,500 | 4 | $379,416 |
| 2022 | $3,590,490 | $371,271 | $663,759 | $27,500 | 2 | — |
| 2021 | $3,931,490 | $318,949 | $766,730 | $160,000 | 2 | $244,879 |
| 2020 | $4,261,817 | $16,872 | $1,032,403 | $300,000 | 9 | $-7,515 |
About The Legacy Institute
Based on IRS filings
The Legacy Institute is a public charity focused on Education, based in Colorado Springs, CO. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $1.4M in total assets. In 2025, it awarded 4 grants totaling $68K. Net investment income was $17K.
Focus Areas
Leadership & Key People
Officers and directors from IRS filings
The Legacy Institute is led by Zachary McComsey, CEO on every filing since 2020; 1 of 6 officers listed in 2025 is compensated.
Officers on the 2025 filing
Zachary McComsey
CEO
On filings since 2020
50 hrs/week
$245K (2020) → $257K (2025)
Bart Holaday
Board Member
Director → Board Member, 2024
On filings since 2020
5 hrs/week
No compensation reported
Deborah Hendrix
Board Member
Director → Board Member, 2024
On filings since 2022
5 hrs/week
No compensation reported
Kelsey Nolan
Board Member
Director → Board Member, 2024
On filings since 2022
5 hrs/week
No compensation reported
Lance Bolton
Board Member
Director → Board Member, 2024
On filings since 2022
5 hrs/week
No compensation reported
Ryan Trujillo
Board Member
Director → Board Member, 2024
On filings since 2023
5 hrs/week
No compensation reported
Former officers (3)
- Former: Philip R Lane (2020–2023) — Director
- Former: Vance Brown (2020–2023) — Director
- Former: Maureen Juran (2022–2023) — Director
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.
Compensation Overview
From 2025 IRS filing
The highest reported compensation on the 2025 filing was $257K, to Zachary McComsey (CEO).
Frequently asked questions about The Legacy Institute
How much does The Legacy Institute give each year?
The Legacy Institute gave $68K across 4 grants in 2025, according to its 2025 IRS Form 990. In 2024 it gave $78K across 4 grants.
What is The Legacy Institute's typical grant size?
The Legacy Institute's median grant in 2025 was $17,500, and its average grant was $16,875, across 4 grants on its 2025 IRS Form 990.
Where does The Legacy Institute give grants?
The Legacy Institute gives mostly in Colorado: 100% of the grant dollars itemized on its 2025 IRS Form 990 went to recipients there. The most frequent recipient cities were Colorado Springs, CO (4 grants).
Does The Legacy Institute give general operating support?
Yes: 25% of The Legacy Institute's 2025 grants with a stated purpose (1 of 4) were for general or operating support, per its 2025 IRS Form 990.
How large is The Legacy Institute?
The Legacy Institute reported $1.4M in total assets on its 2025 IRS Form 990. Its revenue that year was $3.0M.
What is The Legacy Institute?
The Legacy Institute is a public charity focused on Education, based in Colorado Springs, CO. It holds $1.4M in total assets as of 2025.
What is The Legacy Institute's EIN?
The Legacy Institute's EIN (Employer Identification Number) is 82-2620763. IRS Form 990 filing data is available on this page for 2020–2025.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(3)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2024 (received by the IRS May 8, 2025)
- Added Form 990 for fiscal year 2025 (received by the IRS July 15, 2026)
- IRS filings on file for fiscal years 2020–2024
Explore Open Grants
Browse active grant opportunities in The Legacy Institute's focus areas in our free grants database
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