Sportys Foundation
- Assets
- $289.9k
- Revenue
- $27.4k
- Investments
- $0.0
- Employees
- 0
- Location
- Batavia, OH
- Founding
- 03/2007
- Data as of
- 12/2022
- EIN
- 20-8417126
Organization Overview
Sportys Foundation is located in Batavia, OH. The organization was established in 2007. According to its NTEE Classification (T21) the organization is classified as: Corporate Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sportys 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 12/2022, Sportys Foundation generated $27.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (23.9%) each year. All expenses for the organization totaled $86.5k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Sportys Foundation has awarded 88 individual grants totaling $885,176. 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE FINANCIAL ASSISTANCE TO CHARITABLE ORGANIZATIONS THROUGH DIRECT CONTRIBUTIONS TO HELP PROMOTE AVIATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mark Wiesenhahn Vice President | 0 | $0 | |
Michael Wolf President | 0 | $0 | |
John T Zimmerman Vice President | 0 | $0 | |
Daniel M Robinson Vp, Secretary & Treasurer | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $26,055 |
| Interest on Savings | $1,358 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $27,413 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $1 |
| Contributions, gifts, grants paid | $86,500 |
| Total expenses and disbursements | $86,501 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $281,418 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $8,480 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $289,898 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Sportys Foundation has awarded $86,500 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
BOY SCOUTS OF AMERICA PURPOSE: EXPLORING AVIATION SCHOLARSHIP, HURRICANE HARVEY RELIEF | $30,000 |
UNIVERSITY OF CINCINNATI PURPOSE: AVIATION SCHOLARSHIPS | $20,000 |
EASTERN CINCINNATI AVIATION INC PURPOSE: SCHOLARSHIP | $19,000 |
DAN BEARD COUNCIL PURPOSE: SCHOLARSHIP | $6,500 |
MCAIR AVIATION PURPOSE: SCHOLARSHIP | $5,000 |
FLYING FOUNDATION INC PURPOSE: DONATION | $3,500 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Sportys Foundation has recieved totaling $6,000.
| Awarding Organization | Amount |
|---|---|
Omaley Family Foundation Cincinnati, OH PURPOSE: UNRESTRICTED | $5,000 |
Greenaway Foundation Stamford, CT PURPOSE: EDUCATION | $1,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Brown-Forman Foundation Louisville, KY | $0 | $24,207,060 |
Alcoa Foundation Pittsburgh, PA | $146,938,296 | $5,082,676 |
Third Federal Foundation Cleveland, OH | $35,709,526 | $3,618,702 |
Gii Charities Grand Rapids, MI | $4,065,002 | $6,112,431 |
Star Foundation Bethlehem, PA | $0 | $17,247 |
Westfield Insurance Foundation Westfield Center, OH | $42,931,784 | $4,362,594 |
Giant Eagle Foundation Pittsburgh, PA | $15,044,604 | $6,408,453 |
Morgan Family Foundation Yellow Springs, OH | $51,827,477 | $1,582,241 |
Harry M And Violet Turner Charitable Trust Springfield, OH | $29,217,065 | $2,348,308 |
Penske Foundation Inc Bloomfield Hills, MI | $17,008,099 | $10,243,924 |
Alexander And Sarah Cutler Family Foundation Gates Mills, OH | $2,958,061 | $1,879,230 |
Clyde And Maycel Clark Foundation Inc Portsmouth, OH | $18,068,185 | $1,230,534 |