World Cup Dreams Foundation

Organization Overview

World Cup Dreams Foundation is located in Park City, UT. The organization was established in 2008. According to its NTEE Classification (N12) the organization is classified as: Fund Raising & Fund Distribution, 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. World Cup Dreams Foundation 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 12/2021, World Cup Dreams Foundation generated $1.3m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 28.3% each year . All expenses for the organization totaled $619.3k during the year ending 12/2021. While expenses have increased by 15.5% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO FURTHER THE GROWTH AND DEVELOPMENT OF THE NATION'S BEST ATHLETES BY HELPING THEM REALIZE THEIR ATHLETIC GOALS AND DREAMS THROUGH CAREER MANAGEMENT, MENTORSHIP AND FINANCIAL SUPPORT.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE ORGANIZATION PROVIDED SCHOLARSHIPS TO ELITE SKI RACING ATHLETES TO OFFSET TRAINING & COMPETITION IN 2021.


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Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$1,291,834
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$1,291,834
Total Program Service Revenue$0
Investment income $2
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $1,291,836

Grants Recieved

Over the last fiscal year, we have identified 3 grants that World Cup Dreams Foundation has recieved totaling $51,000.

Awarding OrganizationAmount
Kaufman Fam Foundation

Newport, VT

PURPOSE: GENERAL SUPPORT

$35,000
George & June Block Family Foundation

Harwood Heights, IL

PURPOSE: GENERAL PURPOSE

$10,000
American Endowment Foundation

Hudson, OH

PURPOSE: PHILANTHROPY

$6,000
View Grant Recipient Profile

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