Form 990 for tax year 2024
Filed by UNIVERSITY CHRISTIAN CHURCH LEGACY FOUNDATION.
Totals
- Total revenue
- $447,822
- Total expenses
- $1,305,339
- Contributions and grants received
- $0
- Grants paid
- $1,093,326
- Program service revenue
- $0
- Investment income
- $447,822
- Other revenue
- $0
- Total assets, end of year
- $10,823,093
- Total liabilities, end of year
- $1,155
- Net assets or fund balances, end of year
- $10,821,938
- Program services expenses (Part IX)
- $1,204,274
- Management and general expenses
- $101,065
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $1,204,274
Program services were 92.3% 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.
-
3 · Investment income
total $448,246 · related or exempt $0 · unrelated business $0 · excluded $448,246
-
4 · Income from investment of tax-exempt bond proceeds
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
5 · Royalties
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
6c · Rental income or loss
real property $0 · personal property $0
-
7a · Gross sales of assets other than inventory
securities $14,906 · other assets $0
-
7b · Less cost or other basis and sales expenses
securities $15,330 · other assets $0
-
7c · Gain or loss
securities -$424 · other assets $0
-
7d · Net gain or loss
total -$424 · related or exempt $0 · unrelated business $0 · excluded -$424
-
11e · Other revenue, total
$0
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $1,093,326 · program services $1,093,326
-
5 · Compensation of officers, directors and key employees
total $106,084 · program services $53,042 · management and general $53,042
-
10 · Payroll taxes
total $8,382 · program services $4,191 · management and general $4,191
-
11b · Fees: legal
total $1,080 · management and general $1,080
-
11c · Fees: accounting
total $2,021 · management and general $2,021
-
11f · Fees: investment management
total $49,268 · program services $49,268
-
11g · Fees: other
total $30,000 · management and general $30,000
-
13 · Office expenses
total $10,012 · program services $2,294 · management and general $7,718
-
14 · Information technology
total $2,323 · program services $984 · management and general $1,339
-
23 · Insurance
total $1,674 · management and general $1,674
-
24a · Other expenses: Program Costs
total $1,169 · program services $1,169 · management and general $0 · fundraising $0
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $115,058 · end of year $88,509
-
2 · Savings and temporary cash investments
beginning of year $2,502 · end of year $2,514
-
11 · Investments: publicly traded securities
beginning of year $10,557,236 · end of year $10,732,070
-
17 · Accounts payable and accrued expenses
beginning of year $4,163 · end of year $1,155
-
27 · Net assets without donor restrictions
beginning of year $10,670,633 · end of year $10,821,938
-
28 · Net assets with donor restrictions
beginning of year $0 · end of year $0
Mission and programs · 2024
Mission
The University Christian Church Legacy Foundation's mission is to advance compassionate services and just systems so that marginalized children, youth & families can build stability and thrive in strengthened communities.
-
In 2024 the Foundation awarded funding to 28 non-profit organizations to advance compassionate services and just systems so that marginalized children, youth and families can build stability and thrive in strengthened communities.
Expenses $1,204,274 · Grants $1,093,326
As filed on the 2024 return.
Listed in Part VII
-
Leanne Skooglund
Managing Director
- Total calculated
- $106,084
- From this org
- $88,722
- From related orgs
- $0
- Other
- $17,362
- Hours/week
- 30
-
Cheri Curson Bowles
President
- Total calculated
- $0
- Hours/week
- 2
-
Marsha Tolon
Vice President
- Total calculated
- $0
- Hours/week
- 1
-
Elise DeGooyer
Secretary (starting June 2024)
- Total calculated
- $0
- Hours/week
- 1
-
Tom Quigley
Treasurer
- Total calculated
- $0
- Hours/week
- 1
-
Gary Huff
Director, Immediate Past President
- Total calculated
- $0
- Hours/week
- 1
-
Jon Gould
Director
- Total calculated
- $0
- Hours/week
- 1
-
Marvin Eckfeldt
Secretary (board service ended 5/10/24)
- Total calculated
- $0
- Hours/week
- 1
-
Josephine Ensign
Director (resigned 1/31/24)
- Total calculated
- $0
- Hours/week
- 1
-
ML Daniel
Director (resigned 12/3/24)
- 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
-
$101,820
General Support
-
$100,524
General Support
-
General Support
-
$85,000
General Support
-
General Support
-
$80,000
General Support
-
$80,000
General Support
-
General Support
-
Economic Opportunity Institute
$75,000
General Support
-
$50,300
General Support
The 10 largest by cash amount. The API serves every itemized grant.
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 1 March 2025
- IRS schema version
- 2024v5.0
- Source object
- 202531269349303753
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