The Red Sox Foundation Inc

Organization Overview

The Red Sox Foundation Inc is located in Boston, MA. The organization was established in 2003. According to its NTEE Classification (T30) the organization is classified as: Public Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 12/2021, Red Sox Foundation Inc employed 48 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Red Sox Foundation Inc 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, Red Sox Foundation Inc generated $7.5m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.2%) each year. All expenses for the organization totaled $6.2m during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (1.2%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.

Since 2014, Red Sox Foundation Inc has awarded 344 individual grants totaling $32,791,766. 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.

Mission & Program ActivityExcerpts From the 990T Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

THE RED SOX FOUNDATION'S MISSION IS TO HARNESS THE PASSION OF RED SOX NATION TO MAKE A DIFFERENCE IN THE LIVES OF CHILDREN, VETERANS, FAMILIES AND (CONTINUED ON SCHEDULE O)

Describe the Organization's Program Activity:

RED SOX FOUNDATION AND MGH HOME BASE PROGRAM - THE RED SOX FOUNDATION AND MGH HOME BASE PROGRAM SERVE VETERANS RETURNING FROM IRAQ AND AFGHANISTAN WITH TRAUMATIC BRAIN INJURY OR COMBAT STRESS AND FAMILIES. THIS PROGRAM PROVIDES CONFIDENTIAL CLINICAL CARE FOR VETERANS, INNOVATIVE TREATMENTS, SUPPORT SERVICES AND COUNSELING FOR WOUNDED VETERANS AND FAMILIES, COMMUNITY OUTREACH AND EDUCATION TO HELP OTHERS RECOGNIZE THESE INJURIES AND CUTTING EDGE RESEARCH. IN ADDITION TO GRANTS TOTALLING OVER $29 MILLION FOR THE PROGRAM, THE RED SOX FOUNDATION ALSO HAS MADE SUBSTANTIAL INVESTMENTS IN STAFF TIME AND IN KIND RESOURCES TO SUPPORT THIS PROGRAM AND HELP PROMOTE IT TO MILITARY AND VETERANS WHO NEED CONFIDENTIALITY AND, IF UNINSURED, FREE CARE FOR TBI AND PTSD. THE RED SOX FOUNDATION WORKS WITH MEDICAL EXPERTS AT MASS GENERAL HOSPITAL WHO PROVIDE DIRECT CARE SERVICES. RED SOX FOUNDATION STAFF ALSO WORK WITH MILITARY AND VETERAN GROUPS AND THEIR FAMILIES TO BREAK THROUGH THE STIGMA THAT OFTEN PREVENTS VETERANS FROM SEEKING THE HELP THEY NEED.


RED SOX SCHOLARS - THE RED SOX SCHOLAR PROGRAM PROVIDES MENTORING, ENRICHMENT OPPORTUNITIES, AND COLLEGE SCHOLARSHIPS TO MORE THAN 300 ACADEMICALLY TALENTED LOW-INCOME STUDENTS SELECTED IN BOSTON'S PUBLIC SCHOOLS WHEN THEY ARE IN 7TH GRADE. THE SCHOLARS WORK WITH THE RED SOX FOUNDATION STAFF THROUGH HIGH SCHOOL. THE GOAL IS TO ENSURE THESE AT-RISK STUDENTS ESCAPE THE INNER CITY'S HIGH SCHOOL DROPOUT RATE AND INSTEAD GRADUATE FROM HIGH SCHOOL AND ARE PREPARED TO ATTEND COLLEGE. THE PROGRAM PROVIDES EACH STUDENT THE PROMISE OF A SCHOLARSHIP RANGING IN VALUE FROM $5,000 TO $10,000-PENDING ENROLLMENT IN AN ACCREDITED COLLEGE AND CITIZENSHIP. THE SCHOLARSHIPS ARE PAID DIRECTLY TO THE COLLEGE OF CHOICE, AND NOT TO THE STUDENTS OR FAMILY MEMBERS. THE RED SOX SCHOLARS ALSO PARTICIPATE IN SPECIAL ACTIVITIES AT FENWAY PARK INCLUDING ATTENDING RED SOX GAMES, COMMUNITY SERVICE, EVENTS WITH PLAYERS AND THEIR WIVES, SKILLS BUILDING, JOB FAIRS (FOR HIGH SCHOOL STUDENTS) AND COLLEGE PREP CLASSES. IN 2010, THE RED SOX SCHOLARS' PROGRAM WAS NATIONALLY RECOGNIZED WHEN THE TEAM WON THE FIRST-EVER COMMISSIONER'S AWARD FOR PHILANTHROPIC EXCELLENCE SPECIFICALLY FOR THE RED SOX SCHOLARS' PROGRAM. THE NEW ENGLAND RED SOX SERVICE SCHOLARSHIPS AWARD COLLEGE SCHOLARSHIPS TO PUBLIC HIGH SCHOOL SENIORS ACROSS NEW ENGLAND WHO DEMONSTRATE ACADEMIC EXCELLENCE AND A COMMITMENT TO COMMUNITY EXCELLENCE AND A COMMITMENT TO COMMUNITY SERVICE. THE FLORIDA RED SOX SERVICE SCHOLARSHIPS AWARD COLLEGE SCHOLARSHIPS TO PUBLIC HIGH SCHOOL SENIORS ACROSS SOUTHWEST FLORIDA WHO DEMONSTRATE ACADEMIC EXCELLENCE AND A COMMITMENT TO COMMUNITY EXCELLENCE AND A COMMITMENT TO COMMUNITY SERVICE.


YOUTH BASEBALL AND SOFTBALL - THE RED SOX FOUNDATION'S YOUTH BASEBALL AND SOFTBALL PROGRAMS PROVIDE INNER CITY YOUTH, FROM AGE 6 THROUGH AGE 19, THE OPPORTUNITY TO LEARN VALUABLE SKILLS WHILE LEARNING AND PLAYING BASEBALL AND SOFTBALL. THE RED SOX FOUNDATION'S JR. RBI PROGRAM PROVIDES SUPPLIES, EQUIPMENT OPPORTUNITIES TO MORE THAN 1,000 YOUNGSTERS AGED 6-12 YEARS, WHILE THE RBI PROGRAM IS MORE STRUCTURED AND SERVES MORE THAN 500 MALES AND FEMALES UP TO AGE 19. EACH SPRING, THE RED SOX FOUNDATION FUNDS UNIFORMS, EQUIPMENT, AND UMPIRE FEES. THE RED SOX FOUNDATION SEEKS TO LEVERAGE THE STUDENT'S LOVE FOR THE SPORT AND TO TEACH THEM NON-VIOLENT CONFLICT RESOLUTION SKILLS, RESPECT FOR RULES AND OTHERS, THE IMPORTANCE OF TEAMWORK AND RESISTANCE TO DRUGS AND ALCOHOL. WORKING WITH AN EXTRAORDINARY CADRE OF VOLUNTEER COACHES, THE RED SOX FOUNDATION STAFF RUN THE PROGRAM FROM MARCH THROUGH OCTOBER, WITH SUBSTANTIAL TIME SPENT PLANNING ACTIVITIES AND COACHING SUPPORT PROGRAMS DURING THE WINTER MONTHS.


Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$3,074,942
Related organizations$0
Government grants $272,700
All other contributions, gifts, grants, and similar amounts not included above$3,435,366
Noncash contributions included in lines 1a–1f $848,767
Total Revenue from Contributions, Gifts, Grants & Similar$6,783,008
Total Program Service Revenue$0
Investment income $392,799
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events -$616,403
Net Income from Gaming Activities $891,010
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $7,450,414

Grants Awarded

Over the last fiscal year, The Red Sox Foundation Inc has awarded $3,170,964 in support to 36 organizations.

Grant RecipientAmount

MASSACHUSETTS GENERAL HOSPITAL

Org PageRecipient Profile

Somerville, MA

PURPOSE: SCHED I SUPPLEMENTAL INFORMATION

$2,160,438

SMITHSONIAN INSTITUTE

Org PageRecipient Profile

Washington, DC

PURPOSE: SCHED I SUPPLEMENTAL INFORMATION

$250,000

DANA FARBER CANCER INSTITUTE INC (JIMMY FUND)

Org PageRecipient Profile

Boston, MA

PURPOSE: SCHED I SUPPLEMENTAL INFORMATION

$112,293

DIMOCK COMMUNITY HEALTH CENTER INC

Org PageRecipient Profile

Roxbury, MA

PURPOSE: SCHED I SUPPLEMENTAL INFORMATION

$75,000

PAN-MASSACHUSETTS CHALLENGE TRUST

Org PageRecipient Profile

Needham, MA

PURPOSE: SCHED I SUPPLEMENTAL INFORMATION

$75,000

FRIENDS OF TEDDY EBERSOLS RED SOX FIELDS INC

Org PageRecipient Profile

Boston, MA

PURPOSE: SCHED I SUPPLEMENTAL INFORMATION

$69,413
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 1 grants that The Red Sox Foundation Inc has recieved totaling $25,000.

Awarding OrganizationAmount
The Hpb Foundation

Dallas, TX

PURPOSE: UNRESTRICTED GENERAL

$25,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$1,147,956
Earnings$139,324
Net Contributions$130,747
Grants$57,398
Ending Balance$1,360,629

Peer Organizations

Create an account to unlock the data you need.

or