FOUNDATION LEGACY CORPORATION

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2007

Legal Domicile

Principal Officer

GEORGE F MAHONEY III

Phone

3124272737

Tax Period

2021-09-01 to 2022-08-15

Mission

SUPPORTS THE UIC LAW SCHOOL.

Program Service Accomplishments

Program 1

FOUNDATION LEGACY CORPORATION IS DISSOLVING AND NO LONGER SUPPORTS THE UIC JOHN MARSHALL LAW SCHOOL IN FULFILLING AND BROADENING ITS MISSION OF PROVIDING OUTSTANDING LEGAL EDUCATION TO DIVERSE...

FOUNDATION LEGACY CORPORATION IS DISSOLVING AND NO LONGER SUPPORTS THE UIC JOHN MARSHALL LAW SCHOOL IN FULFILLING AND BROADENING ITS MISSION OF PROVIDING OUTSTANDING LEGAL EDUCATION TO DIVERSE STUDENT BODY.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2021)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $0

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $0

TOTAL EXPENSES $0

Year-over-Year Comparison

	2021	2020	Change
Revenue	N/A	N/A	N/A
Expenses	N/A	N/A	N/A
Net Income	N/A	$0	N/A

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

Governance Policies

✓ Conflict of Interest Policy

✓ Whistleblower Policy

✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
GEORGE F MAHONEY III	PRESIDENT	1.00	Officer Director	$0	$0	$0
FLOYD PERKINS	VP & SECRETARY	1.00	Officer Director	$0	$0	$0
KENNETH C ANDERSON	TREASURER	1.00	Officer Director	$0	$0	$0
CHRISTINE M CASTELLANO	BOARD MEMBER	1.00	Director	$0	$0	$0
JORDAN H PETERS	BOARD MEMBER	1.00	Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2022	No data	No data	No data	No data
2021	No data	No data	$160,959	No data
2020	No data	No data	$160,959	No data
2018	$9,269	$31,142	$240,339	$-21,873