Nike Foundation
- Assets
- $18.2m
- Revenue
- $37.7m
- Investments
- $0.0
- Employees
- 0
- Location
- Beaverton, OR
- Founding
- 04/1995
- Data as of
- 05/2022
- EIN
- 93-1159948
Organization Overview
Nike Foundation is located in Beaverton, OR. The organization was established in 1995. According to its NTEE Classification (T99) the organization is classified as: Philanthropy, Voluntarism & Grantmaking Foundations N.E.C., 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. Nike 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 05/2022, Nike Foundation generated $37.7m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 19.5% each year . All expenses for the organization totaled $25.0m during the year ending 05/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Nike Foundation has awarded 60 individual grants totaling $102,546,690. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jorge Casimiro Director, President | 1.2 | $0 | |
Hilary Krane Chair Thru 2/22 | 1 | $0 | |
Brian Christiansen Treasurer | 4 | $0 | |
Ann Miller Director | 1 | $0 | |
Kelsey Baldwin Secretary | 0.1 | $0 | |
Caitlin Morris Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $37,672,800 |
| Interest on Savings | $12,101 |
| 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 | $91 |
| Total Revenue | $37,684,992 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $891 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $52,495 |
| Total operating and administrative expenses | $60,451 |
| Contributions, gifts, grants paid | $24,912,325 |
| Total expenses and disbursements | $24,972,776 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $17,800,265 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $350,000 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| 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 | $18,150,265 |
| Accounts payable and accrued expenses | $526,575 |
| Grants payable | $500,000 |
| 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 | $1,026,575 |
Grants Awarded
Over the last fiscal year, Nike Foundation has awarded $25,118,574 in support to 21 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICAN ONLINE GIVING FOUNDATION PURPOSE: FUNDING PARTNER FOR NIKE CORPORATE MATCH GIVING AND VOLUNTEER REWARDS PROGRAM | $12,013,481 |
GIRL EFFECT PURPOSE: TO SUPPORT AND SCALE THE GIRL EFFECT MOVEMENT | $10,000,000 |
UNICEF USA PURPOSE: HUMANITARIAN AID | $1,000,000 |
New York, NY PURPOSE: HUMANITARIAN AID | $1,000,000 |
Washington, DC PURPOSE: SUPPORTING RELIEF EFFORTS TO THOSE IMPACTED BY HURRICANE IDA | $125,000 |
Chicago, IL PURPOSE: SUPPORTING RELIEF EFFORTS TO THOSE IMPACTED BY HURRICANE IDA | $125,000 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Nike Foundation has recieved totaling $104,310.
| Awarding Organization | Amount |
|---|---|
New Venture Fund Washington, DC PURPOSE: INTERNATIONAL DEVELOPMENT AND FOREIGN AFFAIRS | $52,155 |
New Venture Fund Washington, DC PURPOSE: INTERNATIONAL DEVELOPMENT AND FOREIGN AFFAIRS | $52,155 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Larry Ellison Foundation Walnut Creek, CA | $37,551,478 | $41,100,114 |
The@bob And Margie Petersen Foundation Pasadena, CA | $667,659 | $2,230,866 |
H N And Frances C Berger Foundation Palm Desert, CA | $0 | $33,542,888 |
Nike Foundation Beaverton, OR | $18,150,265 | $37,684,992 |
Playworks Education Energized Oakland, CA | $24,126,538 | $37,991,341 |
Neighborhood Partnerships Inc Portland, OR | $30,268,238 | $16,325,065 |
Coalition Of Homeless Services Providers Seaside, CA | $4,824,470 | $13,798,349 |
Applied Materials Foundation Santa Clara, CA | $3,893,946 | $2,033,120 |
Cal Poly Pomona Philanthropic Foundation Pomona, CA | $212,751,456 | $20,250,176 |
Philanthropy Northwest Seattle, WA | $9,442,103 | $7,893,544 |
Intuitive Foundation Sunnyvale, CA | $66,087,520 | $30,041,225 |
Cal State Fullerton Philanthropic Foundation Fullerton, CA | $185,411,080 | $61,222,330 |