Public Charity

OVM'S LEGUM LEGACY CHARITY

OVM'S LEGUM LEGACY CHARITY is a Public Charity headquartered in VIRGINIA BEACH, VA. Financial data from the 2024 filing: $4K revenue, $6K expenses, $894 total assets. IRS filings disclose 6 grants awarded by this foundation, totaling roughly $70K.

EIN: 842294797 VIRGINIA BEACH, VA Latest filing: 2024
Total Revenue$4K
Total Expenses$6K
Total Assets$894
Grants Given6
Grant Total$70K
Filing Years2020–2024

Mission

THE OVM'S LEGUM LEGACY CHARITY WAS BORN OUT OF THE IDEA OF PROVIDING A PLATFORM OF CHARITABLE CONTRIBUTIONS AND COMMUNITY INVOLVEMENT FOR ALL OVM FINANCIAL EMPLOYEES, REFERRAL PARTNERS AND CLIENTS. OVM HAS A LONGSTANDING TRADITION OF COMMUNITY GENEROSITY AND THIS CHARITY WILL ALLOW THE COMPANY TO ENCOURAGE MORE INCLUSION THROUGHOUT ALL AREAS OF THE ORGANIZATION. AARON ARCHER LEGUM, ONE OF OVM'S FOUNDERS, WAS ALSO A STAUNCH BELIEVER IN GIVING AND SHARING WITH THOSE IN NEED. THE COMBINED BELIEFS AND WISHES OF AARON AND OVM WILL BE SHARED, IN GREATER A CAPACITY WITH THE CREATION OF THE OVM LEGUM LEGACY CHARITY.

Sample Grants Given

FAMILIES OF AUTISTIC CHILDREN
VIRGINIA BEACH, VA · 2023
$6,606
CHKD
NEWPORT NEWS, VA · 2022
$25,000
OPERATION SMILE
VIRGINIA BEACH, VA · 2022
$15,350
FAMILIES OF AUTISTIC CHILDREN
VIRGINIA BEACH, VA · 2022
$10,667
WE ARE VIRGINIA BEACH
VIRGINIA BEACH, VA · 2022
$6,708

Showing up to 5 of 6 total records — full history available with membership.

Officers & Directors

PRESIDENT Adam Newman
TREASURER Lucy Newman
SECRETARY Nicole Legum

Officer compensation and complete director data available with membership.

Top Grant Purposes

Unspecified
$70,156 6 grants

Financial Trends

Year Revenue Expenses Assets
2024 $4K $6K $894
2023 $45K $68K $7K
2022 $238K $220K $28K
2021 $88K $79K $6K
2020 $11K $37K

Between 2021 and 2024, reported annual revenue declined from $88K to $4K (-96%), with total assets most recently reported at $894.

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

Grant Geography

Grants from this foundation were reported to recipients in VA.

VA

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

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