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Passes our checks

Richard Hunt Legacy Foundation Inc

EIN 99-3118777 · Chicago, IL

Public records show a registered, tax-exempt organization in good standing.

LegitimacyPassesRegistration and standingFinancial healthNot ratedToo small or too little detailGovernanceGood77 out of 100Impact evidenceDescribes programsHow well its results are evidenced

What it says it does

THE RICHARD HUNT LEGACY FOUNDATION ENSURES THAT FUTURE GENERATIONS FULLY APPRECIATE THE LIFE AND ART OF THE AMERICAN SCULPTOR RICHARD HUNT. OUR ORGANIZATION IS FOCUSED ON EXHIBITIONS AND CURATION OF THE ARTIST'S WORK; DEEP RESEARCH AND SCHOLARSHIP, INCLUDING ARCHIVAL MANAGEMENT; EDUCATIONAL OUTREACH; SUPPORTING EMERGING ARTISTS THROUGH TWO AWARDS (SCULPTURE AND PRINTMAKING). OUR MISSION IS TO ENCOURAGE, INSPIRE, EDUCATE, AND SUPPORT THE PUBLIC'S UNDERSTANDING OF RICHARD HUNT'S WORK AND HIS PLACE IN AMERICAN AND ART HISTORY

Income
$2.2 million
Spending
$0
Largest source of income
donations and private grants, 100%
Employees
0
Volunteers
17

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Financial health

We do not score finances when yearly spending is very small or the return has too little detail. The ratios stop meaning much at that size.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Governance

Good: 77 out of 100. Higher than 28% of charities in its peer group (arts and culture, $1m to $10m).

  • Independent board

    25 of 25

    16 of 16 voting board members are independent.

  • Conflict of interest policy

    15 of 15

    Has a written conflict of interest policy.

  • Whistleblower policy

    8 of 8

    Has a written whistleblower policy.

  • Record keeping policy

    0 of 7

    Reports no written policy on keeping and destroying records.

  • Board minutes

    5 of 5

    Keeps minutes of board meetings.

  • Board sees the tax return

    10 of 10

    Gave the board a copy of this return before filing it.

  • Independent check of accounts

    0 of 15

    Its accounts were not audited or reviewed by an independent accountant.

  • No reported misuse

    10 of 10

    Reports no diversion of assets, excess benefits or loans to insiders.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Impact evidence

Describes programs. Its tax return describes what it does but we have found no measurable results in it.

Programs described in its return (3)
  1. PUBLISHED THE PUBLIC ART ARCHIVE RESOURCE, PROVIDING DETAILS AND IMAGES FOR 148 OUT OF 160 OF RICHARD HUNT'S PUBLIC SCULPTURES. THESE ARE AVAILABLE ON THE PAA'S WEBSITE, WWW.PUBLICARTARCHIVE.ORG PROVIDED SCHOLARSHIP AND ARCHIVAL RESEARCH FOR EXHIBITION CATALOGUES, ALONG WITH ARCHIVAL IMAGES AND CAPTIONS OF THE ARTIST AND HIS WORK.
  2. SUPPORTED TWO PUBLIC ART EXHIBITIONS: WHITE CUBE, "EARLY MASTERWORKS, AND ABRAHAM LINCOLN PRESIDENTIAL LIBRARY AND MUSEUM'S "FREEDOM IN FORM," WITH RESEARCH, CONSERVATION GUIDANCE, AND ARCHIVAL SUPPORT OF THE ARTIST'S LIFE AND WORK. IN ADDITION, PROVIDED SCHOLARSHIP AND ARCHIVAL RESEARCH FOR EXHIBITION CATALOGUES, ALONG WITH ARCHIVAL IMAGES AND CAPTIONS OF THE ARTIST AND HIS WORK.
  3. ARCHIVAL MANAGEMENT - COMPILED, SOURCED, AND LAUNCHED A DIGITAL ARCHIVE FOR THE FOUNDATION, INCLUDING SOURCING THOUSANDS OF FILES FROM THE ARTISTS' STUDIO AND FROM PRIVATE AND PUBLIC ARTS ORGANIZATIONS.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Legitimacy checks

  1. Is it registered with the IRS? Passed.

    Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  2. Has the IRS revoked its tax-exempt status? Passed.

    Not on the IRS automatic revocation list.

    Source: Automatic revocation of exemption list, Internal Revenue Service, file dated November 6, 2026.

  3. Are donations tax-deductible? Passed.

    On the IRS list of organizations eligible to receive tax-deductible contributions.

    Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.

  4. Is it keeping up with its IRS filings? Passed.

    Most recent return on file covers the year ending December 2024.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  5. How long has it been tax-exempt? Passed.

    Recognized by the IRS since October 2024.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  6. Is it in good standing with state regulators? Passed.

    Not on California's list of charities barred from soliciting. Other states are not yet checked.

    Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated November 4, 2026.

Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.