Atlanta Hawks Foundation Inc
- Assets
- $603.0k
- Revenue
- $362.5k
- Investments
- $0.0
- Employees
- 0
- Location
- Atlanta, GA
- Founding
- 06/1989
- Data as of
- 06/2021
- EIN
- 58-1762732
Organization Overview
Atlanta Hawks Foundation Inc is located in Atlanta, GA. The organization was established in 1989. According to its NTEE Classification (N99) the organization is classified as: Recreation & Sports N.E.C., 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. Atlanta Hawks 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 06/2021, Atlanta Hawks Foundation Inc generated $362.5k in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (2.0%) each year. All expenses for the organization totaled $882.6k during the year ending 06/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Atlanta Hawks Foundation Inc has awarded 58 individual grants totaling $3,228,291. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
SEE SCHEDULE O
Describe the Organization's Program Activity:
Part 3 - Line 4a
COMMUNITY BUILDINGTHE ATLANTA HAWKS BASKETBALL CLUB HAS UNIQUE ASSETS AND OPPORTUNITIES THAT ALLOW US TO CREATE MAGICAL MOMENTS, COLLABORATE WITH ATLANTANS DOING GREAT COMMUNITY WORK AND PLACE COMMUNITY HEROES IN THE SPOTLIGHT. IN PARTNERSHIP WITH CHARITABLE PARTNER ORGANIZATIONS, THE HAWKS FOUNDATION WILL BE A LEADER IN UNITING ATLANTA.
BASIC ACCESS TO COURTS AND PLAYTHE ATLANTA HAWKS FOUNDATION WILL IMPROVE AND INCREASE THE AVAILABILITY OF BASKETBALL COURTS AND PROVIDE SCHOLARSHIPS TO HAWKS CAMPS AND CLINICS. VOLUNTEER COACHING DEVELOPMENT - OF THE OVER 6.5 MILLION YOUTH COACHES, ONLY 1 IN 3 STATE THEY HAVE BEEN TRAINED IN SPORT SKILLS OR TACTICS, ACCORDING TO THE ASPEN INSTITUTE'S PROJECT PLAY. THE FOUNDATION WILL PARTNER WITH TRUSTED LEADERS IN DEVELOPING CURRICULAR TO ENSURE HAWKS CLINICS ARE DELIVERING HIGH-LEVEL INSTRUCTION FOR VOLUNTEER COACHES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Caren Cook Secretary | Officer | 1 | $0 |
Lester Jones Treasurer | Officer | 1 | $0 |
David Lee Executive Director | Officer | 10 | $0 |
Andrea Carter President | Officer | 1 | $0 |
Grant Hill Director | Trustee | 1 | $0 |
Jesse Itzler Director | Trustee | 1 | $0 |
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 | $362,500 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $362,500 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| 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 | $362,500 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $598,850 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $850 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $42,938 |
| Advertising and promotion | $0 |
| Office expenses | $239,997 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| 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 | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $882,635 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $307,330 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $295,627 |
| 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 | $0 |
| Total assets | $602,957 |
| Accounts payable and accrued expenses | $100,000 |
| Grants payable | $0 |
| Deferred revenue | $150,000 |
| 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 | $250,000 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| 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 | $352,957 |
| Total liabilities and net assets/fund balances | $602,957 |
Grants Awarded
Over the last fiscal year, Atlanta Hawks Foundation Inc has awarded $587,100 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
Santa Monica, CA PURPOSE: PROGRAM SERVICE | $168,000 |
Atlanta, GA PURPOSE: PROGRAM SERVICE | $103,750 |
Los Angeles, CA PURPOSE: PROGRAM SERVICE | $100,000 |
RON ANDERSON RECREATIONAL CENTER PURPOSE: PROGRAM SERVICE | $88,350 |
Atlanta, GA PURPOSE: PROGRAM SERVICE | $50,000 |
Norcross, GA PURPOSE: PROGRAM SERVICE | $50,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Atlanta Hawks Foundation Inc has recieved totaling $29,750.
| Awarding Organization | Amount |
|---|---|
Charities Aid Foundation America Alexandria, VA PURPOSE: CHARITABLE DONATION | $29,750 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Cypress Of Raleigh Club Inc Raleigh, NC | $8,631,439 | $17,789,795 |
Path Foundation Inc Atlanta, GA | $7,941,143 | $9,456,940 |
Big South Conference Inc Charlotte, NC | $10,241,548 | $8,654,912 |
Cleveland County Family Ymca Inc Shelby, NC | $16,549,563 | $5,509,175 |
Charlotte City Club Inc Charlotte, NC | $14,589,819 | $3,286,480 |
Healthy Start Coalition Of Southwest Florida Inc Fort Myers, FL | $3,960,059 | $4,564,795 |
Central Florida Soccer Alliance Winter Springs, FL | $1,489,054 | $2,706,334 |
The Central Florida Sports Commission Inc Orlando, FL | $626,387 | $2,500,493 |
Marlins Of Raleigh Raleigh, NC | $1,167,559 | $2,085,324 |
A H R M A Elora, TN | $355,476 | $1,651,108 |
Rosen Aquatic And Fitness Center Inc Orlando, FL | $95,832 | $1,302,532 |
Commanderie De Bordeaux Inc Brentwood, TN | $1,195,478 | $1,296,061 |