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DEMOGRAPHIC

ADDRESS
316 MID VALLEY CTR
93923
COUNTY
monterey county, CA

ORGANIZATIONAL OVERVIEW & RANKINGS

FRANKLIN LEGACY FUND is a based in CARMEL, CA, focused on Philanthropy, Voluntarism and Grantmaking Foundations causes , specifically Private Independent Foundations. Established in June 2015, it operates as an independent corporation and contributions to this organization are tax-deductible .

With total assets of $11,283.00, this ranks 687,998 among 2,656,690 nonprofits nationally (Top 26%), demonstrating moderate financial capacity relative to its peers. At the state level, it stands at 74,320 out of 275,729 organizations in CA (Top 27%).

In monterey county, CA, the organization ranks 832 out of 2,791 nonprofits by assets (Top 30%), while locally in carmel, it stands at 127 among 302 organizations (Top 42%).

The organization reported no revenue in the most recent filing period, placing it at 1,854,807 nationally and 194,058 in CA.

Within its specific NTEE classification (T22 - T: Philanthropy, Voluntarism and Grantmaking Foundations), which includes 25,677 similar organizations, FRANKLIN LEGACY FUND ranks 20,135 in assets (Top 79%) and 19,613 in revenue (Top 77%).

The organization files a 990 - Not required to file(all other) and operates on a November fiscal year.

CLASSIFICATION

ORGANIZATION CODE
1: Corporation
DEDUCTIBILITY CODE
1: Contributions are deductible
AFFILIATION CODE
3: Independent
SUBSECTION/CLASSIFICATION CODES
ACTIVITY CODES
N/A
NTEE COMMON CODE
T: Philanthropy, Voluntarism and Grantmaking Foundations
NTEE CODE
T22: Private Independent Foundations
FOUNDATION CODE
15: Organization which receives a substantial part of its support from a governmental unit or the general public 170(b)(1)(A)(vi)
EXEMPT ORGANIZATION STATUS CODE
25: Organization terminating its private foundation status under section 507(b)(1)(B) of the Code

FINANCIALS

TAX PERIOD
12/2020
ACCOUNTING PERIOD
12
INCOME CODE
3: $25,000 to $99,999
INCOME AMOUNT
$59,745.00
FORM 990 REVENUE AMOUNT
$0.00
RULING DATE
06/2015
ASSET CODE
2: $10,000 to $24,999
ASSET AMOUNT
$11,283.00
FILING REQUIREMENT CODE
990 - Not required to file(all other)
PF FILING REQUIREMENT CODE
990-PF return

Disclaimer: While we are confident of the accuracy of the information on this page, we encourage you verify the information directly with IRS. The IRS has a toll-free number for this at 1-877-829-5500 or visit www.irs.gov.

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