Dicks Sporting Goods Foundation
- Assets
- $44.0m
- Revenue
- $17.6m
- Investments
- $0.0
- Employees
- 0
- Location
- Coraopolis, PA
- Founding
- 09/2011
- Data as of
- 01/2022
- EIN
- 27-4516157
Organization Overview
Dicks Sporting Goods Foundation is located in Coraopolis, PA. The organization was established in 2011. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, 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. Dicks Sporting Goods 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 01/2022, Dicks Sporting Goods Foundation generated $17.6m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 30.3% each year . All expenses for the organization totaled $22.0m during the year ending 01/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Dicks Sporting Goods Foundation has awarded 3,157 individual grants totaling $44,338,937. 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION'S PRIMARY ACTIVITIES FOCUS ON PROMOTING ANDGENERATING PUBLIC AWARENESS OF THE FOUNDATION AND ITSGRANTMAKING PROGRAMS, SPECIFICALLY RELATED TO THE IMPORTANTOF YOUTH SPORTS PROGRAMS, THEIR IMPACT ON THE COMMUNITY ANDTHE COMMUNITY'S ROLE IN SUPPORTING THESE PROGRAMS. THEFOUNDATION ACCOMPLISHES THIS OBJECTIVE THROUGH ITS SPORTSMATTER PROGRAM, WHICH ADDRESSES THE GROWING ISSUE OFUNDERFUNDED YOUTH SPORT PROGRAMS THROUGH AN EXTENSIVE PUBLIC AWARENESS CAMPAIGN, INCLUSIVE OF YOUTH SPORTS THEMEDDOCUMENTARIES ADDRESSING THE IMPACT THAT YOUTH SPORTS CANHAVE ON COMMUNITIES AND THE GROWING FINANCIAL CONSTRAINTSTHAT THE PROGRAMS ARE FACING. EACH YEAR, THE FOUNDATIONPROVIDES GRANTS TO HELP FUND UNDERFUNDED YOUTH SPORTSPROGRAMS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Julie Lodge-Jarrett Director (class I) | 2 | $0 | |
Peter Land Director (class I) | 2 | $0 | |
Ed Plummer Director (class I) | 2 | $0 | |
Carrie Guffey Director (class Ii) | 2 | $0 | |
Don Germano Director (class Iii) | 2 | $0 | |
Lee Belitsky Director (class Ii) | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Motive Group Inc | 1/30/22 | $995,917 |
Outside Angle Llc | 1/30/22 | $474,430 |
Vml Llc | 1/30/22 | $303,553 |
Adparlor | 1/30/22 | $298,574 |
Facebook | 1/30/22 | $94,633 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $17,572,063 |
| Interest on Savings | $0 |
| 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 | $12,835 |
| Total Revenue | $17,584,898 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $159,207 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $3,199,186 |
| Total operating and administrative expenses | $3,376,181 |
| Contributions, gifts, grants paid | $18,600,142 |
| Total expenses and disbursements | $21,976,323 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $40,725,333 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $3,263,853 |
| 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 | $43,989,186 |
| Accounts payable and accrued expenses | $764,922 |
| Grants payable | $0 |
| 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 | $764,922 |
Grants Awarded
Over the last fiscal year, Dicks Sporting Goods Foundation has awarded $18,600,142 in support to 1,465 organizations.
| Grant Recipient | Amount |
|---|---|
EVERY KID SPORTS PURPOSE: PLEDGE EXPENSE | $5,000,000 |
DONORS CHOOSE PURPOSE: PLEDGE EXPENSE | $1,650,000 |
Braintree, MA PURPOSE: PLEDGE EXPENSE | $1,000,000 |
Braintree, MA PURPOSE: PLEDGE EXPENSE | $1,000,000 |
US SOCCER FOUNDATION PURPOSE: PLEDGE EXPENSE | $800,000 |
GIRLS ON THE RUN WIRE PURPOSE: PLEDGE EXPENSE | $500,000 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that Dicks Sporting Goods Foundation has recieved totaling $139,990.
| Awarding Organization | Amount |
|---|---|
Broome County Community Charities Inc Endicott, NY PURPOSE: CHARITABLE CONTRIBUTION | $100,000 |
Shamrock Five Foundation Inc Pennington, NJ PURPOSE: UNRESTRICTED GENERAL | $25,000 |
American Junior Golf Foundation Inc Braselton, GA PURPOSE: GENERAL SUPPORT | $13,990 |
Carter Family Foundation Wayzata, MN PURPOSE: TO SUPPORT THE ORGANIZATIONS MISSION. | $1,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Arnhold Foundation Inc New York, NY | $497,481,101 | $53,665,580 |
Prudential Foundation Inc Newark, NJ | $137,651,624 | $53,115,847 |
The Grace And Mercy Foundation Inc New York, NY | $617,102,449 | $100,220,039 |
Peter G Peterson Foundation New York, NY | $1,055,700,983 | $50,280,779 |
Leon Levy Foundation New York, NY | $614,122,389 | $121,596,253 |
Shubert Foundation Inc New York, NY | $671,108,588 | $57,657,953 |
J Howard Pew Freedom Tr Philadelphia, PA | $675,828,558 | $64,346,772 |
J Willard And Alice S Marriott Foundation Bethesda, MD | $441,340,618 | $31,840,539 |
Mccune Foundation Pittsburgh, PA | $180,488,577 | $38,182,239 |
Aurora Foundation Wilmington, DE | $762,186,529 | $34,829,057 |
Hauser Foundation Inc New York, NY | $0 | $9,971,722 |
Pinkerton Foundation New York, NY | $0 | $34,479,499 |