Public Charity

FRIENDS OF LEGACY INC

FRIENDS OF LEGACY INC, of BRONX, NY, is a Public Charity tracked in Imperigo's IRS 990 database. The 2025 filing shows $-568K in revenue, $630K in expenses, $62.9M in total assets. IRS filings disclose 1 grants awarded by this foundation, totaling roughly $400K.

EIN: 850964002 BRONX, NY Latest filing: 2025
Total Revenue$-568K
Total Expenses$630K
Total Assets$62.9M
Grants Given1
Grant Total$400K
Filing Years2021–2025

Mission

THE ORGANIZATION WAS ESTABLISHED TO PROVIDE FINANCIAL AND TECHNICAL SUPPORT TO, AND FURTHER THE EDUCATIONAL AND CHARITABLE PURPOSES OF THE LEGACY COLLEGE PREPARATORY CHARTER SCHOOL IN THE STATE OF NEW YORK.

Officers & Directors

BOARD CHAIR Catherine Hausmann
TREASURER Michael Rakiter
SECRETARY Yvonne Guiellen

Officer compensation and complete director data available with membership.

Top Grant Purposes

OPERATING SUPPORT
$400,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2025 $-568K $630K $62.9M
2024 $-654K $609K $70.8M
2023 $-88K $1.1M $72.8M
2022 $963K $476K $1.3M
2021 $663K $266K $824K

Between 2021 and 2025, reported annual revenue moved from $663K to $-568K, with total assets most recently reported at $62.9M.

Interactive year-over-year charts and full filing details available with membership.

Grant Geography

Grants from this foundation were reported to recipients in NY.

NY

Full geographic grant map with state-by-state breakdown available with membership.

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