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Nonprofit · EIN 38-2458957

LEGACY SCHOLARSHIP FUNDS INC

Tax-exempt · WALLED LAKE, MI 48390

Financials

$130K$128K2023$159K$145K2024
Revenue Expenses · by fiscal year end
Financials of LEGACY SCHOLARSHIP FUNDS INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
September 30, 2025990$158,902$145,094$13,808$1,463,435$0$1,463,435
September 30, 2024990$130,298$128,453$1,845$1,440,608$0$1,440,608
Financial details: 990 for the year ended September 30, 2025

Revenue

Contributions, gifts and grants
$79,752
Program service revenue
$0
Investment income
$79,150
Net gain from sales of assets
$15,137
Other revenue
$0

Expenses

Grants and similar amounts paid
$119,560
Compensation of officers, directors and key employees
$7,500
Salaries, compensation and benefits (total)
$7,500
Professional fundraising fees
$0
Accounting fees
$11,040
Program services (functional)
$119,560
Management and general (functional)
$25,534

Balance sheet and other

Total assets, start of year
$1,440,608
Total assets, end of year
$1,463,435
Total liabilities, end of year
$0
Net assets, end of year
$1,463,435
Publicly traded securities
$1,271,564
Net assets without donor restrictions
$1,119,268
Net assets with donor restrictions
$344,167
Gross receipts
$1,335,654
Employees
0
Volunteers
15
Year formed
1983
State of legal domicile
MI

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended September 30, 2025, highest compensation first.

NameTitleHours / weekCompensation
GEORGE SANDRASECRETARY
Trustee or director, Officer
8$7,500
GARBUTT BARBARADIRECTOR
Trustee or director
1$0
FELDPAUSCH BRYANOFFICER AT L
Trustee or director, Officer
1$0
WEAKLAND GAYLEVICE PRESIDE
Trustee or director, Officer
1$0
BULLER JEANDIRECTOR
Trustee or director, Officer
1$0
CHRZANOWSKI KATHRYNDIRECTOR
Trustee or director
1$0
TRENHOLM KRISTINDIRECTOR
Trustee or director
1$0
VANLEUWEN NANCYDIRECTOR
Trustee or director
1$0
HOWALD NEALPRESIDENT
Trustee or director, Officer
1$0
CALLCUT PHILIPDIRECTOR
Trustee or director
1$0
PERRY RICHARDOFFICER AT L
Trustee or director, Officer
1$0
SMITH RICHARDDIRECTOR
Trustee or director
1$0
MARY RIEMERSMATREASURER
Trustee or director, Officer
1$0
NIX RUTHDIRECTOR
Trustee or director
1$0
LYNCH JR TIMDIRECTOR
Trustee or director
1$0
990 for the year ended September 30, 2024: 15 people
NameTitleHours / weekCompensation
GEORGE SANDRASECRETARY
Trustee or director, Officer
8$7,500
GARBUTT BARBARADIRECTOR
Trustee or director
1$0
FELDPAUSCH BRIANOFFICER AT L
Trustee or director, Officer
1$0
GOLDEN CHRISSDIRECTOR
Trustee or director
1$0
WEAKLAND GAYLEVICE PRESIDE
Trustee or director, Officer
1$0
BULLER JEANDIRECTOR
Trustee or director, Officer
1$0
CHRZANOWSKI KATHRYNDIRECTOR
Trustee or director
1$0
TRENHOLM KRISTINDIRECTOR
Trustee or director
1$0
VANLEUWEN NANCYDIRECTOR
Trustee or director
1$0
HOWALD NEALPRESIDENT
Trustee or director, Officer
1$0
PERRY RICHARDOFFICER AT L
Trustee or director, Officer
1$0
SMITH RICHARDDIRECTOR
Trustee or director
1$0
MARY RIEMERSMATREASURER
Trustee or director, Officer
1$0
NIX RUTHDIRECTOR
Trustee or director
1$0
LYNCH JR TIMDIRECTOR
Trustee or director
1$0

Address and contacts

Address (IRS master file)
3095 S COMMERCE ROAD SUITE C, WALLED LAKE, MI 48390-1418
Principal officer (990 for 2024)
MARY RIEMERSMA
Signed the 990
MARY RIEMERSMA, TREASURER
Phone
(248) 363-5853
Return prepared by
SHELBY & THORPE PLC

Mission

GRANTING COLLEGE SCHOLARSHIPS

990 for the year ended September 30, 2025

Program accomplishments

  • SCHOLARSHIPS GRANTED TO GRADUATING HIGH SCHOOL SENIORS.
    Expenses $119,560 · grants $119,560

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in September, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025September 30, 2026February 16, 2027Not due yet
2024September 30, 2025February 17, 2026990 on file
2023September 30, 2024February 18, 2025990 on file

IRS record

EIN
38-2458957
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1984
Accounting year ends
September
Files
Form 990 or 990-EZ
Assets (IRS master file)
$1,463,435
Income (IRS master file)
$1,335,654

Filing history

FormYear endedRevenueExpensesAssetsReturn
990September 2025$158,902$145,094$1,463,435XML
990September 2024$130,298$128,453$1,440,608XML
990September 2023$75,871$121,223$1,380,201IRS
990September 2022–––IRS
990September 2021–––IRS
990September 2019–––IRS
990September 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 38-2458957).

Questions about LEGACY SCHOLARSHIP FUNDS INC

What is the EIN of LEGACY SCHOLARSHIP FUNDS INC?
The employer identification number (EIN) of LEGACY SCHOLARSHIP FUNDS INC is 38-2458957.
Is LEGACY SCHOLARSHIP FUNDS INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1984.
Are donations to LEGACY SCHOLARSHIP FUNDS INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does LEGACY SCHOLARSHIP FUNDS INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of LEGACY SCHOLARSHIP FUNDS INC due?
The return for tax year 2025 (the year ending September 30, 2026) is due February 16, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did LEGACY SCHOLARSHIP FUNDS INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended September 2025.
Who is the principal officer of LEGACY SCHOLARSHIP FUNDS INC?
The 990 for the year ended September 30, 2025 names MARY RIEMERSMA.
Who are the officers and directors of LEGACY SCHOLARSHIP FUNDS INC?
The 990 for the year ended September 30, 2025 lists 15 people; 1 received compensation from the organization, the highest $7,500 (GEORGE SANDRA, SECRETARY).
How much revenue does LEGACY SCHOLARSHIP FUNDS INC have?
On its 990 for the year ended September 30, 2025 it reported revenue of $158,902, expenses of $145,094 and total assets of $1,463,435 at year end.

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