Nmc Legacy Fund
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Provides financial grants to local tax-exempt social service agencies that offer essential programs and services to build healthy, sustainable communities. For fiscal year 2024 it reported $511K in revenue, $229K in expenses, and $4.2M in net assets.Pt I
Summary of the Filing
Where the work happens
NMC legacy fund makes distributions to tax exempt organizations providing the programs and services essential to healthy, sustainable communities. In 2024 and 2023, NMC distributed $181,170 to 76 and $127,541 to 74, respectively, qualified 501(c)(3) charitable organizations providing a variety of community services.
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Identity & Classification
Governance & Policies
Officers, Directors & Key Employees
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Statement of Revenue
Statement of Functional Expenses
Balance Sheet
Financial Metrics
Same NTEE category, revenue band, and state where available. Descriptive — not a grade.
| Metric | This org | Peer median | Percentile |
|---|---|---|---|
| Program ratio | 79% | — | — |
| Overhead ratio | 21% | — | — |
| Fundraising cost ratio | 0% | — | — |
| Revenue growth | 38% | — | — |
| Investment management fee ratio | 1% | — | — |
| Legal fee ratio | 0% | — | — |
| Accounting fee ratio | 0% | — | — |
| Fundraising fee ratio | 0% | — | — |
Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.
Grants
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Filings & Schedule Manifest
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Sources
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