LEGACY ENDOWMENT-THE COMMUNITY FOUNDATION: Form 990, tax year 2012
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- Organization
- LEGACY ENDOWMENT-THE COMMUNITY FOUNDATION (EIN 33-0620685)
- Tax period
- 2012-07-01 to 2013-06-30
- Filed
- 2014-05-14
- IRS object ID
- 201441349349306619
- Schema version
- 2012v2.3
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2014-05-14T15:04:55-05:00 | Timestamp |
| Tax Period End Date | 2013-06-30 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | LEVERING & HVASTA CPAS LLP | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 400 | AddressLine1 |
| City | FALLBROOK | City |
| State | CA | State |
| ZIP Code | 920880400 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2012-07-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 330620685 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | LEGACY ENDOWMENT | BusinessNameLine1 |
| Business Name Line2 | THE COMMUNITY FOUNDATION | BusinessNameLine2 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | LEGA | NameControl |
| Phone | 7607283304 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 2710 | AddressLine1 |
| City | FALLBROOK | City |
| State | CA | State |
| ZIP Code | 920882710 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | PETER FELIOS | Name |
| Title | TREASURER | Title |
| Phone | 7607283304 | Phone |
| Date Signed | 2014-05-08 | DateSigned |
| Authorize Third Party | false | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | RICHARD F LEVERING CPA | Name |
| Phone | 7607288393 | Phone |
| Date Prepared | 2014-05-09 | DatePrepared |
| Self Employed | X | SelfEmployed |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2012 | TaxYear |
| Build TS | 2015-11-30 17:44:51Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | MARK HVASTA | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 400 | AddressLine1 |
| City | FALLBROOK | City |
| State | CA | State |
| ZIP Code | 920880400 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 5895246 | GrossReceipts |
| Group Return For Affiliates | false | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | LEGACYCOMMUNITYFOUNDATION.ORG | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1994 | YearFormation |
| State Legal Domicile | CA | StateLegalDomicile |
| Activity Or Mission Description | TO ENHANCE AND PRESERVE A HIGHER QUALITY OF LIFE FOR COMMUNITIES BY FACILITATING PHILANTHROPY FOR FAMILIES, INDIVDUALS AND NONPROFITS. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 9 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 9 | NbrIndependentVotingMembers |
| Total Nbr Employees | 3 | TotalNbrEmployees |
| Total Nbr Volunteers | 9 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Contributions Grants Prior Year | 677485 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 199560 | ContributionsGrantsCurrentYear |
| Program Service Revenue CY | 0 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 1031726 | InvestmentIncomePriorYear |
| Investment Income Current Year | 918986 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 16645 | OtherRevenuePriorYear |
| Other Revenue Current Year | 21040 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 1725856 | TotalRevenuePriorYear |
| Total Revenue Current Year | 1139586 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 301531 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 290376 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 76899 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 69531 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 116 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 86177 | OtherExpensePriorYear |
| Other Expenses Current Year | 87593 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 464607 | TotalExpensesPriorYear |
| Total Expenses Current Year | 447500 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 1261249 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 692086 | RevenuesLessExpensesCY |
| Total Assets BOY | 9661827 | TotalAssetsBOY |
| Total Assets EOY | 10440348 | TotalAssetsEOY |
| Total Liabilities BOY | 18304 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 8017 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 9643523 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 10432331 | NetAssetsOrFundBalancesEOY |
| Mission Description | TO ENHANCE AND PRESERVE A HIGHER QUALITY OF LIFE FOR COMMUNITIES BY FACILITATING PHILANTHROPY FOR FAMILIES, INDIVDUALS AND NONPROFITS. | MissionDescription |
| Significant New Program Services | false | SignificantNewProgramServices |
| Significant Change | false | SignificantChange |
| Expense | 277436 | Expense |
| Grants | 277436 | Grants |
| Description | THE FOUNDATION MAKES GRANTS FROM THE VARIOUS ENDOWMENTS, DONOR-ADVISED, SPECIAL PROJECTS AND PASS-THRU FUNDS THAT IT HOLDS. LEGACY ENDOWMENT...THE COMMUNITY FOUNDATION IS COMMITTED TO IMPROVING THE QUALITY OF LIFE IN THE FALLBROOK AND GREATER SAN DIEGO AREA BY SUPPORTING LOCAL CHARITIES IN THE FOLLOWING AREAS: ARTS/CULTURE, EDUCATION/TRAINING, HEALTH & HUMAN SERVICES, MEDICAL RESEARCH, SENIOR CAUSES AND PROGRAMS FOR THE DISABLED. THE FOUNDATION HAS AN UNDERSTANDING OF THE NEEDS OF THE COMMUNITY AND CAN CONNECT THE DONOR WITH THOSE NON-PROFIT ORGANIZATIONS THAT CAN MEET THOSE NEEDS. | Description |
Activity2 Activity2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 12940 | Expense |
| Grants | 12940 | Grants |
| Description | THE FOUNDATION GRANTS SCHOLARSHIPS FOR STUDENTS ATTENDING INSTITUTIONS OF HIGHER EDUCATION AND VOCATION/TECHNICAL EDUCATION INSTITUTIONS. ALL SCHOLARSHIPS ARE PAID DIRECTLY TO THE EDUCATIONAL INSTITUTION. | Description |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expense | 290376 | TotalProgramServiceExpense |
| Described In501 C3 | true | DescribedIn501C3 |
| Schedule B Required | true | ScheduleBRequired |
| Political Activities | false | PoliticalActivities |
| Lobbying Activities | false | LobbyingActivities |
| Subject To Proxy Tax | false | SubjectToProxyTax |
| Donor Advised Funds | true | DonorAdvisedFunds |
| Conservation Easements | false | ConservationEasements |
| Collections Of Art | false | CollectionsOfArt |
| Credit Counseling | false | CreditCounseling |
| Term Or Permanent Endowments | true | TermOrPermanentEndowments |
| Report Land Bldg Equip | false | ReportLandBldgEquip |
| Report Invest Oth Securities | false | ReportInvestOthSecurities |
| Report Prog Rel Invest | false | ReportProgRelInvest |
| Report Other Assets | false | ReportOtherAssets |
| Report Other Liabilities | true | ReportOtherLiabilities |
| Report Fin48 Footnote | false | ReportFin48Footnote |
| Independent Audit Financial Stmt | true | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | false | ConsolidatedAuditFinancialStmt |
| School | false | School |
| Foreign Office | false | ForeignOffice |
| Foreign Activities | false | ForeignActivities |
| More Than5000 K To Organizations | false | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividuals |
| Professional Fundraising | false | ProfessionalFundraising |
| Fundraising Activities | false | FundraisingActivities |
| Gaming | false | Gaming |
| Hospital | false | Hospital |
| Grants To Organizations | true | GrantsToOrganizations |
| Grants To Individuals | false | GrantsToIndividuals |
| Schedule J Required | false | ScheduleJRequired |
| Tax Exempt Bonds | false | TaxExemptBonds |
| Excess Benefit Transaction | false | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | false | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | false | LoanToOfficerOrDQP |
| Grant To Related Person | false | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | false | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | false | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | false | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | false | DeductibleNonCashContributions |
| Deductible Contributions Of Art | false | DeductibleContributionsOfArt |
| Terminated | false | Terminated |
| Partial Liquidation | false | PartialLiquidation |
| Disregarded Entity | false | DisregardedEntity |
| Related Entity | false | RelatedEntity |
| Related Org Controlled Entity | false | RelatedOrgControlledEntity |
| Transfers To Exempt Non Chrtbl Org | false | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | false | ActivitiesConductedPartnership |
| Schedule O Required | true | ScheduleORequired |
| Number Forms Transmitted With1096 | 5 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | true | ComplianceWithBackupWitholding |
| Number Of Employees | 3 | NumberOfEmployees |
| Employment Tax Returns Filed | true | EmploymentTaxReturnsFiled |
| Unrelated Business Income | false | UnrelatedBusinessIncome |
| Foreign Financial Account | false | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTrans |
| Taxable Party Notification | false | TaxablePartyNotification |
| Non Deductible Contributions | false | NonDeductibleContributions |
| Quid Pro Quo Contributions | false | QuidProQuoContributions |
| Form8282 Property Disposed Of | false | Form8282PropertyDisposedOf |
| Funds To Pay Premiums | false | FundsToPayPremiums |
| Premiums Paid | false | PremiumsPaid |
| Excess Business Holdings | false | ExcessBusinessHoldings |
| Taxable Distributions | false | TaxableDistributions |
| Distribution To Donor | false | DistributionToDonor |
| Indoor Tanning Services | false | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 9 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 9 | NumberIndependentVotingMembers |
| Family Or Business Relationship | false | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | false | DelegationOfManagementDuties |
| Changes To Organizing Docs | false | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuse |
| Members Or Stockholders | false | MembersOrStockholders |
| Election Of Board Members | false | ElectionOfBoardMembers |
| Decisions Subject To Approval | false | DecisionsSubjectToApproval |
| Minutes Of Governing Body | true | MinutesOfGoverningBody |
| Minutes Of Committees | true | MinutesOfCommittees |
| Officer Mailing Address | false | OfficerMailingAddress |
| Local Chapters | false | LocalChapters |
| Form990 Provided To Governing Body | true | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | true | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | true | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | true | RegularMonitoringEnforcement |
| Whistleblower Policy | true | WhistleblowerPolicy |
| Document Retention Policy | true | DocumentRetentionPolicy |
| Compensation Process CEO | true | CompensationProcessCEO |
| Compensation Process Other | false | CompensationProcessOther |
| Investment In Joint Venture | false | InvestmentInJointVenture |
| States Where Copy Of Return Is Filed | CA | StatesWhereCopyOfReturnIsFiled |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | PETER FELIOS | NamePerson |
| Telephone Number | 7607287262 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 111 W ALVARADO STREET | AddressLine1 |
| City | FALLBROOK | City |
| State | CA | State |
| ZIP Code | 92028 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| No Listed Persons Compensated | X | NoListedPersonsCompensated |
Form990 Part VII Section A Form990PartVIISectionA (9 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | OfficerOfficer | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation |
|---|---|---|---|---|---|---|
| MARK HVASTA | ||||||
| PRESIDENT | 8.00 | X | X | 0 | 0 | 0 |
| KAREN ESTES | ||||||
| SECRETARY | 2.00 | X | X | 0 | 0 | 0 |
| PETER FELLIOS | ||||||
| TREASURER | 6.00 | X | X | 0 | 0 | 0 |
| BILL LEWIS | ||||||
| 1.00 | X | 0 | 0 | 0 | ||
| BRIAN HOBBS | ||||||
| 1.00 | X | 0 | 0 | 0 | ||
| KATHE KLINE | ||||||
| 1.00 | X | 0 | 0 | 0 | ||
| KEN FINSTER | ||||||
| 1.00 | X | 0 | 0 | 0 | ||
| ANDREA GILBERT | ||||||
| 1.00 | X | 0 | 0 | 0 | ||
| WENDE OLIVERIO | ||||||
| 1.00 | X | 0 | 0 | 0 | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Formers Listed | false | FormersListed |
| Total Comp GT150 K | false | TotalCompGT150K |
| Compensation From Other Sources | false | CompensationFromOtherSources |
| All Other Contributions | 199560 | AllOtherContributions |
| Total Contributions | 199560 | TotalContributions |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 281985 | TotalRevenueColumn |
| Exclusion | $281,985 | ExclusionAmount |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 5392661 | Securities |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 4755660 | Securities |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 637001 | Securities |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 637001 | TotalRevenueColumn |
| Exclusion | $637,001 | ExclusionAmount |
Other Revenue Misc OtherRevenueMisc (2 entries)
| DescriptionDescription | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|
| TRUSTEE FEE INCOME - CRTS | 17040 | 17040 |
| RENTAL INCOME - SUB LEASE | 4000 | 4000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 21040 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 1139586 | TotalRevenueColumn |
| Related Or Exempt Function Income | 21040 | RelatedOrExemptFunctionIncome |
| Exclusion | $918,986 | ExclusionAmount |
Grants To Domestic Orgs GrantsToDomesticOrgs
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 290376 | Total |
| Program Services | 290376 | ProgramServices |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 62945 | Total |
| Management And General | 62945 | ManagementAndGeneral |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 6586 | Total |
| Management And General | 6586 | ManagementAndGeneral |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 11650 | Total |
| Management And General | 11650 | ManagementAndGeneral |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 14939 | Total |
| Management And General | 14939 | ManagementAndGeneral |
Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 21247 | Total |
| Management And General | 21247 | ManagementAndGeneral |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2499 | Total |
| Management And General | 2499 | ManagementAndGeneral |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 19251 | Total |
| Management And General | 19251 | ManagementAndGeneral |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 4609 | Total |
| Management And General | 4609 | ManagementAndGeneral |
Other Expenses OtherExpenses (4 entries)
| DescriptionDescription | TotalTotal | Management And GeneralManagementAndGeneral |
|---|---|---|
| LICENCES & FEES | 7416 | 7416 |
| STAFF DEVELOPMENT | 1598 | 1598 |
| PAYROLL PROCESSING | 1449 | 1449 |
| EQUIPMENT RENTAL | 1100 | 1100 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1835 | Total |
| Management And General | 1719 | ManagementAndGeneral |
| Fundraising | 116 | Fundraising |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 447500 | Total |
| Program Services | 290376 | ProgramServices |
| Management And General | 157008 | ManagementAndGeneral |
| Fundraising | 116 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 99341 | BOY |
| EOY | 60712 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1413114 | BOY |
| EOY | 227487 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 435652 | BOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 7713720 | BOY |
| EOY | 10152149 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 9661827 | BOY |
| EOY | 10440348 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 18304 | BOY |
| EOY | 8017 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 18304 | BOY |
| EOY | 8017 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 85261 | BOY |
| EOY | 77045 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1402143 | BOY |
| EOY | 3878112 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 8156119 | BOY |
| EOY | 6477174 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 9643523 | BOY |
| EOY | 10432331 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 9661827 | BOY |
| EOY | 10440348 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expenses | 692086 | ReconcilationRevenueExpenses |
| Reconciliation Unrealized Invest | 96722 | ReconciliationUnrealizedInvest |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | false | AccountantCompileOrReview |
| FS Audited | true | FSAudited |
| Audit Committee | true | AuditCommittee |
| Federal Grant Audit Required | false | FederalGrantAuditRequired |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Publicly Supported Org170b1 Avi | X | PubliclySupportedOrg170b1Avi |
Gifts Grants Contrib Received170 GiftsGrantsContribReceived170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 946000 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 105149 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 165261 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 677485 | CurrentTaxYearMinus1Year |
| Current Tax Year | 199560 | CurrentTaxYear |
| Total | 2093455 | Total |
Total170 Total170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 946000 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 105149 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 165261 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 677485 | CurrentTaxYearMinus1Year |
| Current Tax Year | 199560 | CurrentTaxYear |
| Total | 2093455 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total170 | 2093455 | PublicSupportTotal170 |
Gross Investment Income170 GrossInvestmentIncome170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 295806 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 319618 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 253688 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 295952 | CurrentTaxYearMinus1Year |
| Current Tax Year | 281985 | CurrentTaxYear |
| Total | 1447049 | Total |
Other Income170 OtherIncome170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 32801 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 17277 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 16501 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 16645 | CurrentTaxYearMinus1Year |
| Current Tax Year | 21040 | CurrentTaxYear |
| Total | 104264 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | 3644768 | TotalSupport |
| Gross Receipts From Admissions Etc | 21040 | GrossReceiptsFromAdmissionsEtc |
| Public Support Pertcentage170 | 0.57440 | PublicSupportPertcentage170 |
| Public Support Pertcent Prior Year | 0.57130 | PublicSupportPertcentPriorYear |
| Thirty Three Percnt Tests CY170 | X | ThirtyThreePercntTestsCY170 |
Schedule B IRS990ScheduleB
Contributor Info ContributorInfo
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor Number | RESTRICTED | ContributorNumber |
Contributor Name Business ContributorNameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor Address US ContributorAddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Aggregate Contributions | RESTRICTED | AggregateContributions |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number DA Fs Held | 10 | NumberDAFsHeld |
| Number Funds Held | 16 | NumberFundsHeld |
| Donor Advised Contributions | 192989 | DonorAdvisedContributions |
| Contrib To Funds And Other Accounts | 6571 | ContribToFundsAndOtherAccounts |
| Grants Paid From Donor Funds | 44000 | GrantsPaidFromDonorFunds |
| Grants Funds And Other Accounts | 246376 | GrantsFundsAndOtherAccounts |
| Aggregate DAF Value | 1098954 | AggregateDAFValue |
| Aggregate Fund Value | 9333376 | AggregateFundValue |
| Disclosed Orgs Legal Control | true | DisclosedOrgsLegalControl |
| Disclosed For Charitable Purposes | true | DisclosedForCharitablePurposes |
Current Year CurrentYear
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 8686475 | BeginningOfYearBalance |
| Contributions | 1700 | Contributions |
| Investment Earnings Or Losses | 914339 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 246376 | GrantsOrScholarships |
| Administrative Expenses | 105389 | AdministrativeExpenses |
| End Of Year Balance | 9250749 | EndOfYearBalance |
Current Year Minus1 Year CurrentYearMinus1Year
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 8575635 | BeginningOfYearBalance |
| Contributions | 646011 | Contributions |
| Investment Earnings Or Losses | -185190 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 238376 | GrantsOrScholarships |
| Administrative Expenses | 111605 | AdministrativeExpenses |
| End Of Year Balance | 8686475 | EndOfYearBalance |
Current Year Minus2 Years CurrentYearMinus2Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 7261345 | BeginningOfYearBalance |
| Contributions | 94846 | Contributions |
| Investment Earnings Or Losses | 1591336 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 259692 | GrantsOrScholarships |
| Administrative Expenses | 112200 | AdministrativeExpenses |
| End Of Year Balance | 8575635 | EndOfYearBalance |
Current Year Minus3 Years CurrentYearMinus3Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 6678092 | BeginningOfYearBalance |
| Contributions | 10458 | Contributions |
| Investment Earnings Or Losses | 839904 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 162228 | GrantsOrScholarships |
| Administrative Expenses | 104881 | AdministrativeExpenses |
| End Of Year Balance | 7261345 | EndOfYearBalance |
Current Year Minus4 Years CurrentYearMinus4Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 7190781 | BeginningOfYearBalance |
| Contributions | 939000 | Contributions |
| Investment Earnings Or Losses | -1288042 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 100000 | GrantsOrScholarships |
| Administrative Expenses | 63647 | AdministrativeExpenses |
| End Of Year Balance | 6678092 | EndOfYearBalance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Permanent Endowment EOY Balance | 1.00000 | PermanentEndowmentEOYBalance |
| Endowments Held By Unrelated Orgs | false | EndowmentsHeldByUnrelatedOrgs |
| Endowments Held By Related Orgs | false | EndowmentsHeldByRelatedOrgs |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | CHARITABLE CONTRIBUTIONS PENDING | Description |
| Amount | $8,017 | Amount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 8017 | TotalOfAmounts |
| Tot Revenue Etc Audited Fincl Stmt | 965473 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | 96722 | NetUnrealizedGainsInvestments |
| Other Revenues | 186316 | OtherRevenues |
| Revenue Not Rptd F990 | 283038 | RevenueNotRptdF990 |
| Revenue Subtotal | 682435 | RevenueSubtotal |
| Other Revenues Not Included | 457151 | OtherRevenuesNotIncluded |
| Revenue Not Rptd On Fin Stmt | 457151 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 1139586 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 493405 | TotExpensesEtcAuditedFinclStmt |
| Other Expenses Included | 137764 | OtherExpensesIncluded |
| Expenses Not Rptd F990 | 137764 | ExpensesNotRptdF990 |
| Expenses Subtotal | 355641 | ExpensesSubtotal |
| Other Expenses Not Included | 91859 | OtherExpensesNotIncluded |
| Expenses Not Rptd On Fin Stmt | 91859 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 447500 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIII Form990ScheduleDPartXIII (4 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| REVENUE AMOUNTS INCLUDED IN FINANCIALS - OTHER | SCHEDULE D, PAGE 4, PART XI, LINE 2D | CRT INCOME REPORTED ON CRT TAX RETURNS 85,795 TRUSTEE FEE INCOME RECLASS 100,521 |
| REVENUE AMOUNTS INCLUDED ON RETURN - OTHER | SCHEDULE D, PAGE 4, PART XI, LINE 4B | DONOR ADVISED FUND INCOME REPORTED ON TAX RETURN 457,151 |
| EXPENSE AMOUNTS INCLUDED IN FINANCIALS - OTHER | SCHEDULE D, PAGE 4, PART XII, LINE 2D | CRT EXPENSES REPORTED ON CRT TAX RETURNS 57,232 TRUSTEE FEE EXPENSE RECLASS 80,532 |
| EXPENSE AMOUNTS INCLUDED ON RETURN - OTHER | SCHEDULE D, PAGE 4, PART XII, LINE 4B | DONOR ADVISED FUNDS EXPENSES REPORTED ON TAX RETURN 91,859 |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | true | RecordsMaintained |
Recipient Table RecipientTable (10 entries)
| Address Line1AddressUS/AddressLine1 | CityAddressUS/City | StateAddressUS/State | ZIP CodeAddressUS/ZIPCode | IRC SectionIRCSection | Amount Of Cash GrantAmountOfCashGrant | Purpose Of GrantPurposeOfGrant |
|---|---|---|---|---|---|---|
| ELIZABETH HOSPICE | ||||||
| 500 LA TERRAZA BLVD 130 | ESCONDIDO | CA | 92025 | 3 | 34606 | CHARITABLE |
| FALLBROOK FOOD PANTRY | ||||||
| 1042 S MISSION RAOD | FALLBROOK | CA | 92028 | 3 | 10000 | CHARITABLE |
| FALLBROOK LAND CONSERVANCY | ||||||
| PO BOX 2701 | FALLBROOK | CA | 920882701 | 3 | 5933 | CHARITABLE |
| FALLBROOK MUSIC SOCIETY | ||||||
| PO BOX 340 | FALLBROOK | CA | 920880340 | 3 | 29555 | CHARITABLE |
| FALLBROOK MUSIC SOCIETY | ||||||
| PO BOX 340 | FALLBROOK | CA | 920880340 | 3 | 35000 | CHARITABLE |
| FALLBROOK PEOPLE TO PEOPLE | ||||||
| 1094 S MAIN AVE | FALLBROOK | CA | 92028 | 3 | 7000 | CHARITABLE |
| FOUNDATION FOR SENIOR CARE | ||||||
| 135 SOUTH MISSION ROAD | FALLBROOK | CA | 92028 | 3 | 20000 | CHARITABLE |
| REINS | ||||||
| PO BOX 1283 | BONSALL | CA | 92003 | 3 | 10000 | CHARITABLE |
| SONRISE CHURCH OF FALLBROOK | ||||||
| 463 S STAGECOACH LANE | FALLBROOK | CA | 92028 | 11203 | RELIGOUS | |
| ST MADELINE SOPHIE'S CENTER | ||||||
| 2119 EAST MADISON AVENUE | EL CAJON | CA | 92019 | 3 | 102139 | CHARITABLE |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (5 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| EXPLANATION ON VOLUNTEERS AND TYPES OF SERVICES OR BENEFITS | FORM 990, PAGE 1, PART I, LINE 6 | ALL BOARD MEMBERS AND OFFICERS ARE VOLUNTEERS. |
| ORGANIZATION'S PROCESS USED TO REVIEW FORM 990 | FORM 990, PAGE 6, PART VI, LINE 11B | A SELECT MEMBER OF THE BOARD IS ASSIGNED TO REVIEW FORM 990 FOR ACCURANCY AND COMPREHENSIVENESS. THE FORM 990 IS THEN PRESENTED TO THE BOARD OF DIRECTORS FOR THEIR APPROVAL BEFORE IT IS SIGNED BY AN OFFICER OF THE ORGANIZATION AND FILED. |
| ENFORCEMENT OF CONFLICTS POLICY | FORM 990, PAGE 6, PART VI, LINE 12C | THE DIRECTORS OF LEGACY ENDOWMENT OWE A DUTY OF LOYALTY TO THE ORGANIZATION WHICH REQUIRES THAT IN SERVING LEGACY ENDOWMENT THEY ACT, NOT IN THEIR PERSONAL INTERESTS OR IN THE INTERESTS OF OTHERS, BUT RATHER SOLELY IN THE INTEREST OF LEGACY ENDOWMENT. DIRECTORS MUST HAVE UNDIVIDED ALLEGIANCE TO LEGACY ENDOWMENT'S MISSION AND MAY NOT USE THEIR POSITIONS AS DIRECTORS, INFORMATION THEY HAVE ABOUT LEGACY ENDOWMENT, OR LEGACY ENDOWMENT'S PROPERTY, IN A MANNER THAT ALLOWS THEN TO SECURE A PECUNIARY BENEFIT FOR THEMSELVES, OTHER ORGANIZATIONS OR THEIR RELATIVES. THE CONDUCT OF PERSONAL BUSINESS BETWEEN ANY DIRECTOR AND LEGACY ENDOWMENT IS PROHIBITED. BUSINESS TRANSACTIONS OF LEGACY ENDOWMENT IN WHICH A DIRECTOR HAS AN INTEREST SHALL NOT BE PROHIBITED, BUT THEY SHALL BE SUBJECT TO CLOSE SCRUTINY. SUCH PROPOSED TRANSACTIONS SHALL BE REVIEWED CAREFULLY TO DETERMINE THAT THEY ARE IN THE BEST INTEREST OF LEGACY ENDOWMENT AND THEY WILL NOT LEAD TO CONFLICT OF INTEREST. FOR THE PURPOSE OF THIS POLICY, A DIRECTOR HAS AN INTEREST IN A PROPOSED TRANSACTION IF HE/SHE HAS A SUBSTANTIAL FINANCIAL INTEREST IN IT, OR HAS A SUBSTANTIAL FINANCIAL INTEREST IN ANY ORGANIZATION INVOLVED IN THE PROPOSED TRANSACTION, OR HOLDS A POSITION AS TRUSTEE, DIRECTOR, GENERAL MANAGER, OR PRINCIPAL OFFICER IN ANY SUCH ORGANIZATION. PRIOR TO THE START OF ANY NEGOTIATIONS, OR CONSIDERATION OF A GRANT REQUEST BY THE ORGANIZATION, DIRECTORS WILL MAKE FULL DISCLOSURE TO THE BEST OF THEIR KNOWLEDGE OF ANY DUAL INTEREST IN A PROPOSED TRANSACTION BY SUBMITTING A REPORT TO THE PRESIDENT OR OTHER OFFICER DESIGNATED BY THE BOARD TO HANDLE SUCH MATTERS, SUPPLY ANY REASONS WHY THE TRANSACTION MIGHT NOT BE IN THE BEST INTEREST OF LEGACY ENDOWMENT. IN MATTERS REQUIRING PRIOR APPROVAL OF THE BOARD OF DIRECTORS, THE PRESIDENT OR OTHER OFFICER SHALL FORWARD COPIES OF THIS DISCLOSURE REPORT TO THE BOARD BEFORE ITS APPROVAL. A DIRECTOR WITH A DUAL INTEREST IN A PROPOSED TRANSACTION SHALL NOT VOTE ON THE MATTER AND, DEPENDING UPON THE CIRCUMSTANCES, MAY BE EXCLUDED FROM ANY DISCUSSION OF THE MATTER. A DIRECTOR SHALL NOT USE INSIDE INFORMATION OF LEGACY ENDOWMENT FOR HIS/HER PERSONAL BENEFIT, OR USE SUCH INSIDE INFORMATION OR HIS/HER POSITION AS DIRECTOR TO THE DETRIMENT OF LEGACY ENDOWMENT. INSIDE INFORMATION IS INFORMATION OBTAINED THROUGH THE DIRECTOR'S POSITION THAT HAS NOT BECOME PUBLIC INFORMATION. EACH DIRECTOR HAS A DUTY TO PLACE THE INTERESTS OF LEGACY ENDOWMENT FOREMOST IN ANY DEALINGS INVOLVING THE ORGANIZATION AND HAS A CONTINUING RESPONSIBILITY TO COMPLY WITH THE REQUIREMENTS OF THE POLICY. ON AN ANNUAL BASIS, EACH DIRECTOR IS REQUIRED TO COMPLETE A DIRECTOR DISCLOSURE STATEMENT. |
| COMPENSATION PROCESS FOR TOP OFFICIAL | FORM 990, PAGE 6, PART VI, LINE 15A | THE PRESIDENT CARRIES OUT AN ANNUAL PERFORMANCE REVIEW FOR THE EXECUTIVE DIRECTOR AND RECOMMENDS THE LEVEL OF COMPENSATION TO THE BOARD OF DIRECTORS. |
| GOVERNING DOCUMENTS DISCLOSURE EXPLANATION | FORM 990, PAGE 6, PART VI, LINE 19 | FORM 990 IS AVAILABLE UPON REQUEST AND ON LEGACY ENDOWMENT'S WEBSITE. ALL OTHER GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST TO THE GENERAL PUBLIC. |
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