Washington Nationals Philanthropies
- Assets
- $8.9m
- Revenue
- $4.3m
- Investments
- $0.0
- Employees
- 0
- Location
- Washington, DC
- Founding
- 08/2005
- Data as of
- 12/2021
- EIN
- 34-2034830
Organization Overview
Washington Nationals Philanthropies is located in Washington, DC. The organization was established in 2005. According to its NTEE Classification (O50) the organization is classified as: Youth Development Programs, under the broad grouping of Youth Development and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Washington Nationals Philanthropies 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, Washington Nationals Philanthropies generated $4.3m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 17.5% each year . All expenses for the organization totaled $6.0m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Washington Nationals Philanthropies has awarded 108 individual grants totaling $2,948,158. 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
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
AS THE OFFICIAL CHARITABLE ARM OF THE WASHINGTON NATIONALS, NATIONALS PHILANTHROPIES IS A NEW ENTITY THAT REPLACES THE DREAM FOUNDATION. BUILDING ON THE SUCCESS OF THE FOUNDATION'S FIRST DECADE IN WASHINGTON, WE ASPIRE TO AN EVEN BOLDER, MORE AMBITIOUS PHILANTHROPIC VISION THAT CONTINUES TO ALIGN WITH THE WORK OF THE YOUTH BASEBALL ACADEMY WHILE BUILDING AN ENHANCED AND COHESIVE PLATFORM FOR CIVIC ENGAGEMENT THAT EXTENDS FAR BEYOND THE ACADEMY WALLS.THIS NEW PLATFORM WILL CATALYZE THE ENERGY OF NATIONALS FANS, AND THE GENEROSITY AND PHILANTHROPIC GOALS OF NATIONALS PLAYERS, CORPORATE CHAMPIONS, AND COMMUNITY PARTNERS TO INVEST PHILANTHROPIC DOLLARS WITH, THROUGH, AND TO NATIONALS PHILANTHROPIES - FUELING EVEN GREATER GOOD FOR A BETTER WASHINGTON REGION.
Describe the Organization's Program Activity:
WASHINGTON NATIONALS PHILANTHROPIES HAS A BRICK AND MORTAR ACADEMY THAT HOSTS THREE FREE YOUTH SPORTS DEVELOPMENT PROGRAMS. THE PROGRAMS ARE YEAR ROUND AND AIMS TO HELP YOUTH IN THE 7TH AND 8TH WARDS OF DC.
GRANTS TO COMMUNITY-BASED ORGANIZATIONS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rick Schifter Board Chair | OfficerTrustee | 4 | $0 |
Kate Greenberg Cmdo | Officer | 40 | $0 |
John Bramlette COO | Officer | 40 | $0 |
Tal Alter CEO | Officer | 40 | $0 |
Tony Lewis Member, Finance & Audit Committee | Trustee | 4 | $0 |
Reggie Van Lee Chair, Nomination & Governance Comm | Trustee | 4 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Michael David Madnick Strategy Consulting Services | 12/30/20 | $120,000 |
Rsm Us Llp Accounting Services | 12/30/20 | $105,932 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $67,489 |
| Related organizations | $0 |
| Government grants | $100,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,883,878 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,051,367 |
| Total Program Service Revenue | $1,506,636 |
| Investment income | $3,537 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $413,766 |
| Net Income from Fundraising Events | $118,904 |
| Net Income from Gaming Activities | $206,364 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,334,499 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $228,799 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $707,485 |
| Compensation of current officers, directors, key employees. | $188,829 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,641,004 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $490,339 |
| Payroll taxes | $175,774 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $7,351 |
| Fees for services: Accounting | $183,929 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $300,289 |
| Advertising and promotion | $0 |
| Office expenses | $164,201 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $152,535 |
| Travel | $0 |
| 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 | $1,711,863 |
| Insurance | $9,816 |
| All other expenses | $0 |
| Total functional expenses | $5,976,149 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $464,036 |
| Savings and temporary cash investments | $197,961 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,228,742 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $36,600 |
| Prepaid expenses and deferred charges | $32,549 |
| Net Land, buildings, and equipment | $3,785,667 |
| Investments—publicly traded securities | $3,111,767 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $8,857,322 |
| Accounts payable and accrued expenses | $711,177 |
| Grants payable | $0 |
| 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 | $711,177 |
| Net assets without donor restrictions | $7,650,207 |
| Net assets with donor restrictions | $495,938 |
| 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 | $8,857,322 |
Grants Awarded
Over the last fiscal year, Washington Nationals Philanthropies has awarded $211,894 in support to 12 organizations.
| Grant Recipient | Amount |
|---|---|
Washington, DC PURPOSE: GENERAL SUPPORT | $100,000 |
Washington, DC PURPOSE: GENERAL SUPPORT | $23,992 |
New York, NY PURPOSE: GENERAL SUPPORT | $14,980 |
Silvers Spring, MD PURPOSE: GENERAL SUPPORT | $10,000 |
Washington, DC PURPOSE: GENERAL SUPPORT | $10,000 |
Washington, DC PURPOSE: GENERAL SUPPORT | $8,333 |
Grants Recieved
Over the last fiscal year, we have identified 11 grants that Washington Nationals Philanthropies has recieved totaling $224,355.
| Awarding Organization | Amount |
|---|---|
Annette M And Theodore N Lerner Family Foundation Inc Rockville, MD PURPOSE: PROVIDE A WORLD OF OPPORTUNITY FOR AREA YOUTH USING THE POWER OF BASEBALL | $64,000 |
Congressional Sports For Charity Alexandria, VA PURPOSE: TO FUND THE MISSION AND PURPOSE OF WASHINGTON NATIONALS PHILANTHROPIES. | $50,000 |
Verizon Foundation Basking Ridge, NJ PURPOSE: SUPPORT FOR THE WASHINGTON NATIONALS YOUTH BASEBALL ACADEMY | $40,000 |
Morgan Stanley Global Impact Funding Trust Inc Indianapolis, IN PURPOSE: UNRESTRICTED GENERAL SUPPORT | $35,000 |
Papa Johns Foundation Inc Wilmington, DE PURPOSE: GENERAL & UNRESTRICTED | $10,000 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $7,784 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Partnership For A Healthier America Inc Washington, DC | $8,156,675 | $7,675,528 |
Washington Nationals Philanthropies Washington, DC | $8,857,322 | $4,334,499 |
Peaceplayers International Washington, DC | $2,663,713 | $3,827,781 |
Impact Living Services Forest, VA | $3,151,473 | $6,118,517 |
Service Year Exchange Inc Washington, DC | $7,358,910 | $7,347,919 |
Richmond First Tee Richmond, VA | $10,036,196 | $3,399,029 |
Breakfree Education Columbia, MD | $2,710,082 | $3,378,734 |
Us Dream Academy Inc Silver Spring, MD | $1,470,975 | $3,095,850 |
Skillsusa Foundation Inc Leesburg, VA | $0 | $2,681,875 |
Washington Tennis & Education Washington, DC | $25,495,785 | $2,863,895 |
Dreaming Out Loud Foundation Washington, DC | $1,658,205 | $2,071,032 |
Gods Anointed New Generation Washington, DC | $911,281 | $2,117,782 |