Living Legacy Foundation

FRANKLIN, TN EIN: 82-3829140

Living Legacy Foundation is a private independent foundation established in 2018 and registered in California in March 2019. Based in Franklin, Tennessee, the foundation operates as a grantmaking organization with a national focus. The foundation is family-managed and does not accept unsolicited applications, instead awarding grants proactively to preselected organizations.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$164.8M

+30.6% YoY

Annual Giving

$18.7M

+2.5% YoY

Grant Count

48

-33.3% YoY

Avg Grant Size

$390K

+53.7% YoY

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

The foundation's mission is to "financially support organizations that are helping those struggling daily with the circumstances of poverty." Primary funding priorities include:

  • Access to healthcare
  • Food security
  • Shelter
  • Clothing
  • Education
  • Innovative solutions to community problems
  • Programs that strengthen families and communities
  • Support for disadvantaged and vulnerable populations with limited opportunities

Grantmaking

The foundation operates on a preselected-only basis and does not accept unsolicited applications. Grant awards are made proactively to organizations identified by the foundation.

Grant Range

$10,000 - $7.3 million

Average Grant

$1,000 (across all grants)

How to Apply

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Geographic Focus

Where this funder awards grants

The foundation supports a wide range of cities and states across the United States, including major urban centers such as New York, Los Angeles, and San Francisco, as well as smaller communities. States with documented funding include California, Texas, New York, Florida, Georgia, Hawaii, Illinois, Kansas, Kentucky, Louisiana, Massachusetts, Michigan, Minnesota, Missouri, North Carolina, Nevada, Pennsylvania, and Tennessee, among others.

Grant Distribution by State

26states
+18 more states

Cities

Agoura HillsAlexandriaAlmaApopkaAustinBakersfieldBeaumontBerlinBeverly HillsBillingsBoulder CityBrentwoodBrooklynBuffaloCaryCedarhurstClovisColorado SpringsCooper CityCosta Mesa

Financial History

Multi-year comparison from IRS filings

As of 2024:

  • Total Assets: $164.8 million - $165 million
  • Annual Giving: $21.2 million
  • Total Revenue: $17.7 million
  • Total Expenses: $22 million
  • Total Liabilities: $160,000

As of 2023:

  • Total Assets: $126.2 million
  • Total Revenue: $8.6 million
  • Total Expenses: $21.2 million
  • Total Giving: $20.3 million

The foundation has experienced asset growth of 2.6% year-over-year.

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$8M$17M$25M$33M20202021202220232024
Metric202420232022
Total Assets$164,805,076$126,226,219$140,374,118
Revenue$17,668,479$8,662,020$30,082,088
Expenses$22,040,498$21,216,188$18,748,253
Qualifying Distributions$21,197,406$20,349,919$17,842,798
Net Investment Income$15,896,497$9,847,521$15,186,806
Distributable Amount$8,042,846$7,836,657$7,630,703

Giving Over Time

Total grant dollars and number of grants per year

$0$5M$9M$14M$19M79 grants202061 grants202159 grants202272 grants202348 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

PHILANTHROPIC IMPACT FOU…$7.3MCITYSERVE INTERNATIONAL$1.3MMISSION ACTIVATION CHARITY$1.1MSOCIAL IMPACT FUND$750KSMALL WORLD VISION INC$600KPACIFIC HOUSES OF PRAYER$590KJOURNEYS COUNSELING MINI…$535KCLOVIS HILLS COMMUNITY C…$500KMIRACLE OIL MINISTRIES$500KNARROW GATE FOUNDATION$500K

Grant Size Distribution

248 grants across all recorded years

65<$50K40$50–100K75$100–250K38$250–500K21$500K–1M7$1–5M2$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Leadership team and compensation from IRS filings

  • Richard L. Hutcheson – CEO (40 hours/week; compensation $354,045-$375,000)
  • Alisha Ballard – President and Executive Director (40 hours/week; compensation $316,283-$336,000)
  • Richard Hutcheson Jr. – Executive Vice President (40 hours/week; compensation $257,884-$284,000)
  • Heather McGrath – Senior Vice President (40 hours/week; compensation $255,334-$273,000)

Compensation Overview

From 2024 IRS filing

RICHARD L HUTCHESONCEO$375KALISHA BALLARDPRESIDENT/EXECUTIVE DIRECTOR$336KRICHARD HUTCHESON JREXECUTIVE VICE PRESIDENT$284KHEATHER MCGRATHSENIOR VICE PRESIDENT$273K

From 2024 filing

NameTitleHoursCompensation
ALISHA BALLARDPRESIDENT/EXECUTIVE DIRECTOR40$336,431
RICHARD HUTCHESON JREXECUTIVE VICE PRESIDENT40$284,397
RICHARD L HUTCHESONCEO40$375,427
HEATHER MCGRATHSENIOR VICE PRESIDENT40$273,458

Contact Information

Subject Areas

Focus areas based on grantmaking activity

Related Funders

Similar funders by location and focus area

Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.

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