Totals
- Total revenue
- $313,563
- Total expenses
- $311,084
- Contributions and grants received
- $292,901
- Grants paid
- $122,128
- Program service revenue
- $6,734
- Investment income
- $13,928
- Other revenue
- $0
- Total assets, end of year
- $683,861
- Total liabilities, end of year
- $0
- Net assets or fund balances, end of year
- $683,861
- Program services expenses (Part IX)
- $245,158
- Management and general expenses
- $42,424
- Fundraising expenses
- $23,502
- Program service expenses (Part III)
- $245,158
Program services were 78.8% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1f · All other contributions, gifts and grants
$292,901
-
2a · Program service revenue: EVENTS
total $6,734 · related or exempt $6,734
-
3 · Investment income
total $14,012 · excluded $14,012
-
7a · Gross sales of assets other than inventory
securities $1,393
-
7b · Less cost or other basis and sales expenses
securities $0 · other assets $1,477
-
7c · Gain or loss
securities $1,393 · other assets -$1,477
-
7d · Net gain or loss
total -$84 · excluded -$84
Functional expenses
Part IX, the statement of functional expenses.
-
2 · Grants to domestic individuals
total $122,128 · program services $122,128
-
11g · Fees: other
total $83,139 · program services $58,197 · management and general $16,628 · fundraising $8,314
-
12 · Advertising and promotion
total $10,851 · program services $10,851
-
13 · Office expenses
total $746 · management and general $621 · fundraising $125
-
16 · Occupancy
total $8,971 · management and general $8,971
-
17 · Travel
total $2,980 · fundraising $2,980
-
23 · Insurance
total $8,050 · management and general $8,050
-
24a · Other expenses: EVENT EXPENSE
total $31,216 · program services $31,216
-
24b · Other expenses: MEALS & ENTERTAINMENT
total $26,723 · program services $18,706 · fundraising $8,017
-
24c · Other expenses: SOFTWARE
total $4,975 · program services $2,393 · management and general $189 · fundraising $2,393
-
24d · Other expenses: RSF FOUNDATION ADMIN FE
total $4,930 · management and general $4,930
-
24e · All other expenses
total $6,375 · program services $1,667 · management and general $3,035 · fundraising $1,673
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $169,597 · end of year $44,092
-
10a · Land, buildings and equipment: cost or other basis
$0
-
10c · Land, buildings and equipment, net
beginning of year $1,477
-
12 · Investments: other securities
beginning of year $473,451 · end of year $594,043
-
15 · Other assets
beginning of year $1,260 · end of year $45,726
-
29 · Capital stock, trust principal or current funds
beginning of year $0 · end of year $0
-
30 · Paid-in or capital surplus, or land, building or equipment fund
beginning of year $0 · end of year $0
-
31 · Retained earnings, endowment or other funds
beginning of year $645,785 · end of year $683,861
Mission and programs · 2023
Mission
THE FUTURE LEGENDS SCHOLARSHIP FUND PROVIDES SUPPORT TO DESERVING SCHOLARS WORKING TOWARD UNDERGRADUATE, MASTERS AND DOCTORATE DEGREES.
-
MENTORING AND SCHOLARSHIPS FOR QUALIFYING COLLEGE STUDENTS
Expenses $245,158 · Grants $122,128 · Revenue $6,734
As filed on the 2023 return.
Listed in Part VII
-
ERIC G MANESE
PRESIDENT
- Total calculated
- $0
- Hours/week
- 10
-
KATHY MCELHINNEY
SECRETARY
- Total calculated
- $0
- Hours/week
- 1
-
STEVEN SAKARA
TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
VEARL SMITH
CHAIRMAN
- Total calculated
- $0
- Hours/week
- 30
-
GREG JACKEY
VICE CHAIRMAN
- Total calculated
- $0
- Hours/week
- 2
-
HEATHER MANION
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
JESSICA KIM
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 22 May 2024
- IRS schema version
- 2023v5.0
- Source object
- 202431909349301533
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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