Overview

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Fiscal Year Start

Not available

Organization Type

Grantseeker

AI Summary

The 502CIRCLE NIL COLLECTIVE FOUNDATION is a nonprofit organization based in Louisville, dedicated to empowering intercollegiate athletes to raise awareness and drive change around various social issues, including hunger, crime, drug use, mental health, and sustainability. With an operating budget of $618.1K and total revenue of $679.3K for the 2023 filing year, the foundation has significantly impacted thousands of children and families in Louisville and Southern Indiana through partnerships with local initiatives and youth sports camps. The organization does not rely on a single funder for 50% or more of its revenue, ensuring a diverse funding base for its community-focused programs.

Mission Statement

502CIRCLE FOUNDATION IS A NON-PROFIT IN THE CITY OF LOUISVILLE DESIGNED TO POSITION INTERCOLLEGIATE ATHLETES IN THE COMMUNITY TO CREATE AWARENESS AND CHANGE AROUND A VARIETY OF SOCIAL ISSUES. THESE TOPICS ARE MADE UP OF, BUT ARE NOT LIMITED TO HUNGER, CRIME, DRUG USE, MENTAL HEALTH AND SUSTAINABILITY. THESE PROGRAMS HAVE IMPACTED THOUSANDS OF CHILDREN AND FAMILIES THROUGHOUT THE WEST END OF LOUISVILLE, SOUTHERN INDIANA AND A VARIETY OF OTHER LOUISVILLE SUBURBS. ATHLETES HAVE PARTICIPATED IN PROGRAMS WITH DARE TO CARE, LORDS KITCHEN, DELTA FOUNDATION AND OTHERS WHILE HOSTING YOUTH SPORTS CAMPS IN UNDERSERVED AREAS OF TOWN. AS 502CIRCLE FOUNDATION CONTINUES TO GROW FINANCIALLY, THESE OPPORTUNITIES WILL BE LIMITLESS FOR LOUISVILLE ATHLETES AND THE COMMUNITY.
Revenues
$679.3K
Expenses
$618.1K
Net Income:
+$61.2K
Assets
$75.6K
Liabilities
$0
Net Assets:
+$75.6K
Operating Budget
$618.1K
Operating Budget by Year

Due Diligence

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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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Total No. of Grants
3
Median grant size
$20K
Largest grant received
$510K
M
Marc E Spiegel
Board Member

Frequently Asked Questions

What is 502CIRCLE NIL COLLECTIVE FOUNDATION’s budget?
In 2023, 502CIRCLE NIL COLLECTIVE FOUNDATION reported an annual operating budget of around $618 thousand. More detailed financial information is available to registered users.
Where does 502CIRCLE NIL COLLECTIVE FOUNDATION operate?
502CIRCLE NIL COLLECTIVE FOUNDATION is headquartered in ATLANTA, GA.
Who funded 502CIRCLE NIL COLLECTIVE FOUNDATION recently?
In 2025, 502CIRCLE NIL COLLECTIVE FOUNDATION received grants from AMERICAN ONLINE GIVING FOUNDATION INC, MORGAN STANLEY GLOBAL IMPACT FUNDING TRUST INC, and DONOR ADVISED CHARITABLE GIVING INC. More information on this organization’s funders is available to registered users.
What is the largest grant 502CIRCLE NIL COLLECTIVE FOUNDATION received in 2024?
The largest grant to 502CIRCLE NIL COLLECTIVE FOUNDATION in 2024 exceeds $510 thousand.