Dicks Sporting Goods Foundation
- Assets
- $32.9m
- Revenue
- $16.7m
- Investments
- $26.3m
- Employees
- 0
- Location
- Coraopolis, PA
- Founding
- 09/2011
- Data as of
- 02/2024
- 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 02/2024, Dicks Sporting Goods Foundation generated $16.7m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 21.2% each year . All expenses for the organization totaled $23.8m during the year ending 02/2024. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Dicks Sporting Goods Foundation has awarded 6,301 individual grants totaling $79,839,123. 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
2024
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION'S PRIMARY ACTIVITIES DURING FISCAL 2023 FOCUSED ON (I) GRANTMAKING IN SUPPORT OF THE FOUNDATION'S MISSIONS; AND (II) PROMOTING AND GENERATING PUBLIC AWARENESS OF THE FOUNDATION AND ITS GRANTMAKING PROGRAMS, SPECIFICALLY RELATED TO BREAKING DOWN BARRIERS TO ENSURE ALL COMMUNITIES HAVE THE CHANCE TO PLAY SPORTS, LEARN AND PROSPER, AND EXPERIENCE THE OUTDOORS.THE FOUNDATION'S PRIMARY FOCUS IS ENSURING ALL YOUTH HAVE THE OPPORTUNITY TO PLAY AND BENEFIT FROM SPORTS. THE FOUNDATION ACCOMPLISHES THIS OBJECTIVE THROUGH ITS SPORTS MATTER PROGRAM, WHICH INCLUDES GRANT-MAKING AND A PUBLIC AWARENESS CAMPAIGN TO ADDRESS THE BARRIERS OF PARTICIPATION IN YOUTH SPORTS, INCLUDING ACCESSIBILITY OF EQUIPMENT, SAFE RECREATIONAL SPACE TO PLAY, LEAGUE COSTS TO MAINTAIN YOUTH SPORTS PROGRAMS IN LOCAL COMMUNITIES, AND FAMILY REGISTRATION FEES OFTEN REQUIRED FOR YOUTH SPORT PARTICIPATION.
THE FOUNDATION ALSO SUPPORTS ECONOMIC OPPORTUNITIES IN LOCAL COMMUNITIES THROUGH NEW PROGRAMS ESTABLISHED FOR EDUCATION AND THE OUTDOORS. THE FOUNDATION HAS A LONG-TERM PARTNERSHIP WITH A PUBLIC SCHOOL DISTRICT LOCATED OUTSIDE OF PITTSBURGH, PA. IN PARTNERSHIP WITH THE DISTRICT, THE FOUNDATION IS WORKING TO BETTER SERVE THE NEEDS OF STUDENTS, FAMILIES AND STAFF IN THE COMMUNITY TO HELP DEVELOP HEALTHY MINDS, BODIES AND RELATIONSHIPS NECESSARY TO SUCCESSFULLY NAVIGATE TODAY'S WORLD. IN ADDITION, THE FOUNDATION'S PUBLIC LANDS FUND PROVIDES GRANTS TO LOCAL AND NATIONAL NON-PROFIT ORGANIZATIONS THAT PROTECT AND MAINTAIN PUBLIC LANDS, BREAK DOWN THE BARRIERS OF ACCESS TO OUTDOOR EXPERIENCES, AND IMPROVE INCLUSION AND EQUITY IN THE OUTDOORS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Julie Lodge-Jarrett Director (class I) | 2 | $0 | |
Carrie Guffey Director (class Ii) | 2 | $0 | |
Elizabeth Baran Secretary | 2 | $0 | |
Lauren Hobart President, Director (class Iii) | 2 | $0 | |
Mark Rooks Vice President | 2 | $0 | |
Kristen Garmey Asst. Exec. Director | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Rycon Construction | 2/2/24 | $2,582,821 |
Flatbush Pictures Llc | 2/2/24 | $390,115 |
Outside Angle Llc | 2/2/24 | $268,558 |
Pashek Mtr Ltd | 2/2/24 | $173,248 |
Imageone Industries Llc | 2/2/24 | $130,893 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $14,984,054 |
| Interest on Savings | $1,742,748 |
| 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 | $0 |
| Total Revenue | $16,726,802 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $24,000 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $3,777,617 |
| Total operating and administrative expenses | $4,217,842 |
| Contributions, gifts, grants paid | $19,598,968 |
| Total expenses and disbursements | $23,816,810 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $5,082,375 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $1,463,545 |
| 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 | $32,857,570 |
| Accounts payable and accrued expenses | $669,573 |
| 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 | $669,573 |
Grants Awarded
Over the last fiscal year, Dicks Sporting Goods Foundation has awarded $19,598,968 in support to 1,468 organizations.
| Grant Recipient | Amount |
|---|---|
1 PERCENT CLUB YOUTH SPORTS ORG PURPOSE: BROOKS EVERY KID SPORTS | $2,000 |
1 STEP AWAY FOUNDATION PURPOSE: GATORADE GRANTS | $10,000 |
301 PANTHERS TRACK AND FIELD PURPOSE: BROOKS EVERY KID SPORTS | $5,000 |
360 ACADEMIC SPORTS ACADEMY PURPOSE: COMMUNITY MARKETING GRANTS | $1,500 |
3POINT FOUNDATION INC PURPOSE: GENERAL SUPPORT | $5,000 |
4030308 NEW RIVER LL PURPOSE: GENERAL SUPPORT | $1,000 |