New York Mets Foundation Inc

Organization Overview

New York Mets Foundation Inc is located in Flushing, NY. The organization was established in 1964. According to its NTEE Classification (N80) the organization is classified as: Professional Athletic Leagues, 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. New York Mets 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 10/2020, New York Mets Foundation Inc generated $1.3m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 1.1% each year. All expenses for the organization totaled $2.7m during the year ending 10/2020. You can explore the organizations financials more deeply in the financial statements section below.

Since 2015, New York Mets Foundation Inc has awarded 250 individual grants totaling $6,788,474. 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 990 Filing

TAX YEAR

2020

Describe the Organization's Mission:

Part 3 - Line 1

THE NEW YORK METS FOUNDATION FUNDS AND PROMOTES A VARIETY OF EDUCATIONAL, SOCIAL AND ATHLETIC PROGRAMS AND OTHER CHARITABLE CAUSES THAT BENEFIT CHILDREN AND OTHERS IN NEED.

Describe the Organization's Program Activity:

Part 3 - Line 4a

GRANTS TO OTHER CHARITABLE ORGANIZATIONS AND CAUSES INCLUDING COMMUNITY ORGANIZATIONS, SCHOLARSHIP FUNDS, PUBLIC PARKS IMPROVEMENT PROJECTS, VARIOUS SOCIAL SERVICE ORGANIZATIONS AND OTHER ORGANIZED CHARITIES THAT BENEFIT THE COMMUNITY AS A WHOLE.


SUPPORT FOR SUBURBAN, SANDLOT, PAL & ROOKIE LEAGUES ENCOURAGE INVOLVEMENT IN AMATEUR ATHLETICS AND BASEBALL BY SUPPLYING ATHLETIC EQUIPMENT AND CONTRIBUTING FINANCIAL SUPPORT TO LITTLE LEAGUES, BASEBALL AND OTHER SPORTS RELATED ORGANIZATIONS, CAUSES AND SIMILAR GROUPS.


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Board, Officers & Key Employees

Name (title)Compensation
Jeffrey Wilpon
Trustee/exec VP
$0
David Cohen
Secretary
$0
Mark Peskin
Treasurer
$0
Fred Wilpon
Trustee
$0
Saul Katz
Trustee
$0

Financial Statements

Statement of Revenue
Total Revenue from Contributions, Gifts, Grants & Similar$1,306,699
Investment income $11,435
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events -$4,440
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $1,313,694

Grants Awarded

Over the last fiscal year, New York Mets Foundation Inc has awarded $2,215,995 in support to 56 organizations.

Grant RecipientAmount

New York, NY

PURPOSE: Community Support

$150,000

NORTHWELL HEALTH FOUNDATION

Org PageRecipient Profile

Westbury, NY

PURPOSE: Community Support

$150,000

NATIONAL SEPTEMBER 11 MEMORIAL & MUSEUM

Org PageRecipient Profile

New York, NY

PURPOSE: Community Support

$150,000

PITCH IN FOR BASEBALL

Org PageRecipient Profile

Harleysville, PA

PURPOSE: Supporting Amateur / Youth Athletics

$146,163

MTA - NYC TRANSIT

PURPOSE: Community Support

$118,750

NYS

PURPOSE: Community Support

$118,750
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 3 grants that New York Mets Foundation Inc has recieved totaling $162,344.

Awarding OrganizationAmount
Pitch In For Baseball

Harleysville, PA

PURPOSE: PROGRAM EXPANSION AND FUNDED PROGRAM

$73,672
Pitch In For Baseball

Harleysville, PA

PURPOSE: PROGRAM EXPANSION AND FUNDED PROGRAM

$73,672
Major League Baseball Charities Inc

New York, NY

PURPOSE: GENERAL PURPOSE

$15,000
View Grant Recipient Profile

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