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ACTS Legacy Foundation INC

Public charity
Foundations · FT WASHINGTON, PA · EIN 91-2161987

About

ACTS legacy foundation, INC. ("ALF") was established to manage, encourage and increase the philanthropic efforts of ACTS retirement-life communities, INC. ("ACTS") and its affiliates. ALF will help to identify, initiate, expand and formalize the charitable programs and funds of ACTS. Management and the board of directors of ALF oversee stewardship of donated funds and disburse them in accordance with donor wishes.

Donations are tax-deductible
Category
Foundations
Employees
0
Volunteers
9

Financial Snapshot

FY ending 2024-12-31
Revenue
$4.9M
Expenses
$3.9M
Assets
$32.8M
Liabilities
$4.0M

Financial history

$7.9M$3.9M$0
161718192021222324
RevenueExpenses
Latest FY2024: $4.9M · Peak FY2019: $7.9M · Avg: $5.5M

Political & Grant Activity

Campaign Spending
—
Lobbying
—
Grants Given
$1.9M
ACTS LEGACY FOUNDATION INC
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Address

420 Delaware DR
FT Washington, PA, 19034-271

Governance

Voting board members11
Independent members9
Conflict-of-interest policyYes
Whistleblower policyYes
Doc-retention policyYes
Audit committeeYes
990 reviewed by boardYes

Compensation practices

Severance paymentsNo
Equity-based compNo
Supplemental retirement planYes
Initial contract exceptionNo

Financial detail (Schedule D)

Board-designated %0.0%
Permanent endowment %100.0%
Endowment held by related orgNo
Public records
ProPublica Nonprofit Explorer ↗
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