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The Corley Legacy Foundation is a private corporation based in WILMINGTON, DE. The foundation received its IRS ruling in 2015. The principal officer is Foundation Source. It holds total assets of $576K. Annual income is reported at $487K. Total assets have decreased from $934K in 2013 to $293K in 2023. The foundation is governed by 2 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2023. Grantmaking is concentrated in Colorado. According to available records, The Corley Legacy Foundation has made 14 grants totaling $120K, with a median grant of $10K. Annual giving has grown from $50K in 2020 to $70K in 2022. Individual grants have ranged from $5K to $15K, with an average award of $9K. The foundation has supported 5 unique organizations. Grants have been distributed to organizations in Colorado and California. Contributions to this foundation are tax-deductible.
Smallest Grant
$2K
Median Grant
$5K
Average Grant
$9K
Largest Grant
$25K
Based on 6 grants from the most recent 990-PF filing.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
The Corley Legacy Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 14 grants. Its grantmaking reaches organizations primarily in CO, CA.
The Corley Legacy Foundation has distributed a total of $120K across 14 grants. The median grant size is $10K, with an average of $9K. Individual grants have ranged from $5K to $15K.
The Corley Legacy Foundation typically selects its grantees rather than accepting unsolicited proposals.
The Corley Legacy Foundation is headquartered in WILMINGTON, DE. While based in DE, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Thomas J Corley | Pres, Dir | $0 | $0 | N/A |
| Lisa M Corley | Dir, Sec | $0 | $0 | N/A |
Total Giving
$56K
Total Assets
$293K
Fair Market Value
$380K
Net Worth
$293K
Grants Paid
$40K
Contributions
N/A
Net Investment Income
$11K
Distribution Amount
$18K
Total: $279K
Total Grants
14
Total Giving
$120K
Average Grant
$9K
Median Grant
$10K
Unique Recipients
5
Most Common Grant
$10K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| A Precious Child IncCharitable Event | Broomfield, CO | $10K | 2022 |
| K Iin Beh Education Center Foundation IncGeneral & Unrestricted | Los Altos, CA | $10K | 2022 |
| Craig Hospital FoundationGeneral & Unrestricted | Englewood, CO | $10K | 2022 |
| Childrens Diabetes FoundationCharitable Event | Phoenix, CO | $5K | 2022 |
| National Jewish HealthGeneral & Unrestricted | Denver, CO | $10K | 2020 |