Major League Baseball Players Tr
- Assets
- $5.3m
- Revenue
- $1.9m
- Investments
- $0.0
- Employees
- 0
- Location
- New York, NY
- Founding
- 04/1996
- Data as of
- 12/2023
- EIN
- 13-3843389
Organization Overview
Major League Baseball Players Tr is located in New York, NY. The organization was established in 1996. According to its NTEE Classification (N60) the organization is classified as: Amateur Sports, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Major League Baseball Players Tr is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Major League Baseball Players Tr generated $1.9m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (6.0%) each year. All expenses for the organization totaled $1.8m during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (0.2%) per year over the past 9 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Major League Baseball Players Tr has awarded 392 individual grants totaling $10,561,102. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE MAJOR LEAGUE BASEBALL PLAYERS TRUST HARNESSES THE EXPERTISE, INFLUENCE, AND ENERGY OF PLAYERS TO CREATE MEANINGFUL AND SUSTAINABLE CHANGE IN THE LIFELONG WELL-BEING OF OTHERS. THIS IS ACHIEVED THROUGH A SERIES OF PROGRAMS THAT ARE RUN AND FUNDED BY THE MLB PLAYERS TRUST. THE TRUST RECEIVES CONTRIBUTIONS FROM THE GENERAL PUBLIC.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DESIGN AND IMPLEMENTATION OF SPORTS -BASED YOUTH DEVELOPMENT PROGRAMS OFFERED TO STUDENTS.SUPPORT OF VARIOUS CHARITABLE ORGANIZATIONS IDENTIFIED BY PLAYERS. SCHOLARSHIP PROGRAM FOR GRADUATE LEVEL STUDENTS PURSUING A CAREER IN THE LABOR MOVEMENT. THE CHARITABLE ORGANIZATIONS ARE LISTED IN SCHEDULE I.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Anthony Clark Trustee | Trustee | 1 | $0 |
Marcus Semien Trustee | Trustee | 1 | $0 |
Francisco Lindor Trustee | Trustee | 1 | $0 |
Chris Capuano Trustee | Trustee | 1 | $0 |
Javier Vazquez Trustee | Trustee | 1 | $0 |
Xavier James Trustee | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $188,913 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,503,968 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,692,881 |
| Total Program Service Revenue | $0 |
| Investment income | $198,790 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$41,242 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,850,429 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $964,364 |
| Grants and other assistance to domestic individuals. | $50,000 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $280,497 |
| Compensation of current officers, directors, key employees. | $61,643 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $192,462 |
| Pension plan accruals and contributions | $14,434 |
| Other employee benefits | $20,933 |
| Payroll taxes | $31,459 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $47,527 |
| Fees for services: Accounting | $17,180 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $5,780 |
| Fees for services: Other | $275 |
| Advertising and promotion | $0 |
| Office expenses | $103,112 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $56,511 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $1,784,534 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $5,279,398 |
| Pledges and grants receivable | $5,604 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $7,546 |
| Total assets | $5,292,548 |
| Accounts payable and accrued expenses | $121,964 |
| Grants payable | $270,000 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $391,964 |
| Net assets without donor restrictions | $4,875,584 |
| Net assets with donor restrictions | $25,000 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $5,292,548 |
Grants Awarded
Over the last fiscal year, Major League Baseball Players Tr has awarded $871,022 in support to 46 organizations.
| Grant Recipient | Amount |
|---|---|
PROJECT BEISBOL PURPOSE: GENERAL CONTRIBUTION FOR DONEE'S CHARITABLE PURPOSE | $50,000 |
LEARN FRESH EDUCATION CO PURPOSE: GENERAL CONTRIBUTION FOR DONEE'S CHARITABLE PURPOSE | $250,000 |
ATHLETICS & BEYOND PURPOSE: GENERAL CONTRIBUTION FOR DONEE'S CHARITABLE PURPOSE | $50,000 |
ALS CURE PROJECT INC PURPOSE: GENERAL CONTRIBUTION FOR DONEE'S CHARITABLE PURPOSE | $14,035 |
PUBLIC SCHOOLS OF HAWAII FOUNDATION PURPOSE: GENERAL CONTRIBUTION FOR DONEE'S CHARITABLE PURPOSE | $25,000 |
EPIC TRAINING AND DEVELOPMENT PURPOSE: GENERAL CONTRIBUTION FOR DONEE'S CHARITABLE PURPOSE | $20,000 |