PLATINUM2024

Legacy Collective

Together, we will leave a legacy.

Austin, TX   |  https://legacycollective.org/

Mission

Legacy Collective works to solve systemic issues by funding the most sustainable, innovative efforts through partnerships with nonprofit organizations locally and globally. We believe that a love of humanity and equality demands participation in the fight to respect them. Legacy Collective values integrity, justice, and action that is communal and solutions led. We work to solve systemic issues by partnering with aligned nonprofits, elevating innovative, sustainable solutions, and amplifying the power of giving, collectively.

Ruling year info

2022

Chief Executive Officer

Erin Arnheim

Main address

PO BOX #27667

Austin, TX 78755 USA

Show more contact info

EIN

87-1730864

NTEE code info

Private Grantmaking Foundations (T20)

IRS filing requirement

This organization is required to file an IRS Form 990 or 990-EZ.

Sign in or create an account to view Form(s) 990 for 2023 and 2022.
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Communication

Blog

Programs and results

What we aim to solve

SOURCE: Self-reported by organization

Legacy Collective works to solve systemic issues by funding the most sustainable, innovative efforts through partnerships with nonprofit organizations locally and globally. We do this through funding grants in our Legacy Giving Circle, our Mama Bears Giving Circle (LGBTQ+ benefitting nonprofits only), our Cause Area Giving Circles, our City Giving Circles, and Disaster Relief efforts. In 2023, we began correlating all grants funded to the 17 UN Sustainable Development Goals.

Our programs

SOURCE: Self-reported by organization

What are the organization's current programs, how do they measure success, and who do the programs serve?

Giving Circles (including Cause Area Giving Circles)

The Legacy Collective Giving Circle is a community of monthly donors giving between $35/month and $25,000/year that care deeply about making an impact. We work together to address more than 25+ cause areas with innovative sustainable solutions. We also have cause area specific giving circles including the Mama Bears Giving Circle (LGBTQ+ benefitting), the ReImagine Nashville Giving Circle (BIPOC benefitting), and the 12th AG (for Texas A&M Alumni).

Population(s) Served

We also work with DMO's in cities across the United States to create City Giving Circles funded through conference and convention registration fees that in turn support their local nonprofits.

Population(s) Served

Unlike our Giving Circle Grant process, there are times when Legacy Collective raises funds for disaster relief efforts. In those circumstances, Legacy Collective chooses the nonprofits that the funds will benefit, we fully vet the organizations, and we disburse the funds as quickly as possible. In certain relief efforts, all funds will be paid immediately and in other instances, some of the funding will be held to disburse periodically throughout the recovery effort of the disaster. All funds raised under a disaster relief effort will be used solely for that effort.

Legacy will hold up to 2 disaster relief fundraisers per year with one focused domestically and one internationally.

We will focus on needs arising from natural disasters or war/civil unrest.

We will be intentional in supporting nonprofits through the disaster relief funds that focus on addressing systemic issues in the disaster relief zone whenever possible.

Population(s) Served

Where we work

Our results

SOURCE: Self-reported by organization

How does this organization measure their results? It's a hard question but an important one.

Number of grants received

This metric is no longer tracked.
Totals By Year
Type of Metric

Input - describing resources we use

Direction of Success

Decreasing

Context Notes

In 2022, we received a $84K grant from the Saje Foundation for our Technology Fund to allow us to implement a Grants Management System and enhance our Donor Database Platform.

Total number of grants awarded

This metric is no longer tracked.
Totals By Year
Related Program

Giving Circles (including Cause Area Giving Circles)

Type of Metric

Output - describing our activities and reach

Direction of Success

Increasing

Context Notes

We increased the Giving Circle grants, it was the disaster relief grants that decreased. And we gave away more in total dollars in 2023 than 2022.

Total dollar amount of grants awarded

This metric is no longer tracked.
Totals By Year
Related Program

Giving Circles (including Cause Area Giving Circles)

Type of Metric

Output - describing our activities and reach

Direction of Success

Increasing

Context Notes

2021 was an outlier with $722K given in disaster relief due to the Texas Winter Storm and Afghanistan Relief fundraisers.

Our Sustainable Development Goals

SOURCE: Self-reported by organization

Learn more about Sustainable Development Goals.

Goals & Strategy

SOURCE: Self-reported by organization

Learn about the organization's key goals, strategies, capabilities, and progress.

Charting impact

Four powerful questions that require reflection about what really matters - results.

We plan to raise a minimum of $1.5MM in 2024 and issue the grants for each giving circle and disaster relief effort in the greatest amount possible. The average giving circle grantmaking 501c3 grants 39% of their funds per a study we did in 2022 by pulling 990's of giving circle grantmakers. We hope to grant more than 50% in 2024 and are working towards 80% by 2026.

To grow the organization, we have committees working to help expand our top 2 donor levels by 100% and our other levels by 20%. We also have multiple donor events planned to grow our community and maintain our current donor community. With this effort we also strive for a donor retention rate of above 75% annually.

We will be launching (2) new Cause Area specific giving circles in 2024: a Black benefitting giving circle & a Veterans benefitting Giving Circle.

We will be targeting the launch of City Giving Circles in at least 2 new cities in 2024 through a partnership with Destinations International.

All of the funding coming from the above efforts will then be issued to nonprofits via our Grant Cycles (donors nominate nonprofits, we vet the organizations, and the donors vote on who receives the funding). The more funding that is received, means the more that is granted and the greater impact is made. Each application will be required to list which (1) or (2) of the Sustainable Development Goals they are meeting so we can measure the impact.

Not only are more funding and more granting important to us, but more important to use are our people! So we have also put goals and measures in place to ensure a positive staff culture and staff development as well as Board development and effectiveness.

With the efforts of a strong staff, an engaged donor community, a supportive and active Advisory Board, and an engaged Board of Directors we are capable of meeting these goals. The current economic climate may be a challenge for us, but our team is strong and capable of pivoting.

We have a strategic plan and strategic planning committee with teams and team leads in place for 2024 to help grow the community. The strategic plan which has been communicated to the staff, both Boards, and the key stakeholders. We also shared it at our Town Hall donor event.

How we listen

SOURCE: Self-reported by organization

Seeking feedback from people served makes programs more responsive and effective. Here’s how this organization is listening.

done We demonstrated a willingness to learn more by reviewing resources about feedback practice.
done We shared information about our current feedback practices.
  • How is your organization using feedback from the people you serve?

    To identify and remedy poor client service experiences, To identify bright spots and enhance positive service experiences, To make fundamental changes to our programs and/or operations, To inform the development of new programs/projects, To identify where we are less inclusive or equitable across demographic groups, To strengthen relationships with the people we serve, To understand people's needs and how we can help them achieve their goals

  • Which of the following feedback practices does your organization routinely carry out?

    We collect feedback from the people we serve at least annually, We aim to collect feedback from as many people we serve as possible, We take steps to ensure people feel comfortable being honest with us, We look for patterns in feedback based on demographics (e.g., race, age, gender, etc.), We look for patterns in feedback based on people’s interactions with us (e.g., site, frequency of service, etc.), We engage the people who provide feedback in looking for ways we can improve in response, We act on the feedback we receive, We tell the people who gave us feedback how we acted on their feedback

  • What challenges does the organization face when collecting feedback?

    It is difficult to get the people we serve to respond to requests for feedback

Financials

Legacy Collective
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Operations

The people, governance practices, and partners that make the organization tick.

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Connect with nonprofit leaders

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lock

Connect with nonprofit leaders

Subscribe

Build relationships with key people who manage and lead nonprofit organizations with GuideStar Pro. Try a low commitment monthly plan today.

  • Analyze a variety of pre-calculated financial metrics
  • Access beautifully interactive analysis and comparison tools
  • Compare nonprofit financials to similar organizations

Want to see how you can enhance your nonprofit research and unlock more insights? Learn More about GuideStar Pro.

Legacy Collective

Board of directors
as of 04/04/2024
SOURCE: Self-reported by organization
Board chair

Lindsey Leaverton

The Miura Group

Term: 2024 - 2026

Lindsey Leaverton

The Miura Group

Jen Hatmaker

Hatmaker Co, LLC

Lisa Marie Hanna

Joe Graham

Sandra Ntube

Steve Bryant

Retired

Jessi Aakre

Dana Blankenship

Suzanne Grover

Denton Gruzensky

Board leadership practices

SOURCE: Self-reported by organization

GuideStar worked with BoardSource, the national leader in nonprofit board leadership and governance, to create this section.

  • Board orientation and education
    Does the board conduct a formal orientation for new board members and require all board members to sign a written agreement regarding their roles, responsibilities, and expectations? Yes
  • CEO oversight
    Has the board conducted a formal, written assessment of the chief executive within the past year ? No
  • Ethics and transparency
    Have the board and senior staff reviewed the conflict-of-interest policy and completed and signed disclosure statements in the past year? Yes
  • Board composition
    Does the board ensure an inclusive board member recruitment process that results in diversity of thought and leadership? Yes
  • Board performance
    Has the board conducted a formal, written self-assessment of its performance within the past three years? No

Organizational demographics

SOURCE: Self-reported; last updated 4/4/2024

Who works and leads organizations that serve our diverse communities? Candid partnered with CHANGE Philanthropy on this demographic section.

Leadership

The organization's leader identifies as:

Race & ethnicity
White/Caucasian/European
Gender identity
Female, Not transgender
Sexual orientation
Heterosexual or Straight
Disability status
Person with a disability

Race & ethnicity

Gender identity

Transgender Identity

Sexual orientation

Disability

We do not display disability information for organizations with fewer than 15 staff.

Equity strategies

Last updated: 04/04/2024

GuideStar partnered with Equity in the Center - an organization that works to shift mindsets, practices, and systems to increase racial equity - to create this section. Learn more

Data
  • We review compensation data across the organization (and by staff levels) to identify disparities by race.
  • We employ non-traditional ways of gathering feedback on programs and trainings, which may include interviews, roundtables, and external reviews with/by community stakeholders.
  • We have long-term strategic plans and measurable goals for creating a culture such that one’s race identity has no influence on how they fare within the organization.
Policies and processes
  • We use a vetting process to identify vendors and partners that share our commitment to race equity.
  • We seek individuals from various race backgrounds for board and executive director/CEO positions within our organization.
  • We have community representation at the board level, either on the board itself or through a community advisory board.
  • We help senior leadership understand how to be inclusive leaders with learning approaches that emphasize reflection, iteration, and adaptability.