AI Summary
SPORTS FOUNDATION INC is a nonprofit organization dedicated to fostering, developing, and encouraging positive youth development through sports. With an operating budget of $1.4 million and total revenue of $1.3 million for the 2024 filing year, the organization focuses on youth services, basic and emergency aid, youth development, and sports. It does not rely on a single funder for more than 50% of its revenue, ensuring a diverse funding base to support its mission.
Mission Statement
TO FOSTER, DEVELOP AND ENCOURAGE POSITIVE YOUTH DEVELOPMENT USING SPORTS AS A VEHICLE
Cause Areas
4
Sports
Youth development
Basic and emergency aid
Youth services
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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Funder
Total Funding
Funding Share
Ross Initiative in Sports for Equality
New York, NY, US
$150K
10%
THE JESSE AND ROSE LOEB FOUNDATION INC
Warrenton, VA, US
$412.9K
1%
Frequently Asked Questions
What is SPORTS FOUNDATION INC’s budget?
In 2024, SPORTS FOUNDATION INC reported an annual operating budget of around $1.4 million. More detailed financial information is available to registered users.
What causes does SPORTS FOUNDATION INC support?
SPORTS FOUNDATION INC supports work in Sports, Youth development, Basic and emergency aid, and Youth services.
Where does SPORTS FOUNDATION INC operate?
SPORTS FOUNDATION INC is headquartered in Bronx, NY.
Who funded SPORTS FOUNDATION INC recently?
In 2024, SPORTS FOUNDATION INC received grants from Ross Initiative in Sports for Equality and THE JESSE AND ROSE LOEB FOUNDATION INC. More information on this organization’s funders is available to registered users.
What is the largest grant SPORTS FOUNDATION INC received in 2024?
The largest grant to SPORTS FOUNDATION INC in 2024 exceeds $15 thousand.
What is SPORTS FOUNDATION INC’s reliance on government grants?
SPORTS FOUNDATION INC relied on government grants for more than 95% of their total revenue in 2024.