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Legacy Foundation Inc

MERRILLVILLE, IN EIN: 35-1872803 Website

Legacy Foundation Inc is a community foundation based in Merrillville, Indiana, serving Lake County. Established in 1992 and tax-exempt since December 1997, the organization functions as Lake County's community foundation, operating as a 501(c)(3) nonprofit organization.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$123.8M

+47.3% YoY

Annual Giving

$3.8M

+24.2% YoY

Grant Count

83

+5.1% YoY

Avg Grant Size

$45K

+18.2% YoY

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

The Legacy Foundation seeks and accepts endowments from public and private sources to distribute grants for community-enhancing projects and other charitable purposes. The organization describes itself as "the enduring cornerstone organization that helps donors and partners fulfill their collective dreams" and aims to build "a culture of philanthropy across generations that will positively transform Lake County."

The foundation provides operational support to charitable organizations and awards college scholarships to individuals to assist with post-secondary education costs.

Grantmaking

The foundation is highly active in grantmaking:

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

13states
+5 more states

Cities

Arlington HeightsBloomingtonBostonBoulderCedar LakeChestertonChicagoCrown PointDallasEast ChicagoEvansvilleFishersFort WayneGaryGriffithHammondHighlandHobartIndianapolisLemont

Financial History

Multi-year comparison from IRS filings

As of 2023:

  • Total Assets: $84,051,402
  • Total Revenues: $4,887,322
  • Total Expenses: $6,109,239
  • Staff: 11 employees
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$12M$24M$36M$47M201920202021202220232024
Metric202420232022
Total Assets$123,834,639$84,051,402$75,398,108
Revenue$43,070,819$4,887,322$980,728
Expenses$7,969,647$6,109,239$5,598,888
Qualifying Distributions
Net Investment Income$6,101,424$1,119,266$-1,943,061
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$944K$2M$3M$4M0 grants201966 grants202065 grants202180 grants202279 grants202383 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

FOOD BANK OF NORTHWEST I…$177KDUNES LEARNING CENTER$163KIVY TECH EAST CHICAGO$150KCALUMET COLLEGE OF ST JO…$118KLAKESHORE PUBLIC MEDIA$112KBALL STATE UNIVERSITY FO…$100KCRISIS CENTER$74KHOBART FOOD PANTRY INCOR…$66KHAMMOND COMMUNITY CORPOR…$62KMILLER CITIZENS CORPORAT…$59K

Grant Size Distribution

250 grants across all recorded years

211<$50K29$50–100K7$100–250K2$250–500K1$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Leadership team and compensation from IRS filings

The foundation maintains a Fund Advisor Portal and Scholarship Login system for grantees and donors. The organization employs 11 staff members as of 2023.

Compensation Overview

From 2024 IRS filing

KELLY ANOEPRESIDENT$141K

From 2024 filing

NameTitleHoursCompensation
JOHN FREYEKCHAIR1
SEAN EGANVICE-CHAIR1
MATT DOYLETREASURER1
SHERRI ZILLERSECRETARY1
CAREY YUKICHIMMEDIATE PA1
JAMES DUNNEDIRECTOR1
ALFREDO ESTRADADIRECTOR1
KARIMA HASAN BEYDIRECTOR1
ROD GAYDADIRECTOR1
LISA GOODNIGHTDIRECTOR1
GREGORY GORDONDIRECTOR1
STEPHEN KAVOISDIRECTOR1
GLORIA MORRISDIRECTOR1
PAM OTTDIRECTOR1
VERLIE SUGGSDIRECTOR1
ELLEN SZARLETADIRECTOR1
PHIL TAILLONDIRECTOR1
CHELSEA WHITTINGTONDIRECTOR1
DAVID WRIGHTDIRECTOR1
RICHARD YOUNGDIRECTOR1
KELLY ANOEPRESIDENT40$141,233

Subject Areas

Focus areas based on grantmaking activity

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

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