Players Philanthropy Fund
- Assets
- $12.3m
- Revenue
- $23.2m
- Investments
- $0.0
- Employees
- 17
- Location
- Towson, MD
- Founding
- 11/2010
- Data as of
- 12/2021
- EIN
- 27-6601178
Organization Overview
Players Philanthropy Fund is located in Towson, MD. The organization was established in 2010. According to its NTEE Classification (T50) the organization is classified as: Philanthropy, Charity & Voluntarism Promotion, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 12/2021, Players Philanthropy Fund employed 17 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Players Philanthropy Fund 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 12/2021, Players Philanthropy Fund generated $23.2m in total revenue. All expenses for the organization totaled $16.6m during the year ending 12/2021. While expenses have increased by 79.9% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Players Philanthropy Fund has awarded 319 individual grants totaling $10,576,852. 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
PLAYERS PHILANTHROPY FUND PROVIDES PROFESSIONAL ATHLETES, CELEBRITIES AND OTHER HIGH-PROFILE PHILANTHROPISTS WITH A VEHICLE FOR COLLECTING AND DISTRIBUTING CHARITABLE ASSETS IN SUPPORT OF QUALIFIED CAUSES THROUGH A SIMPLE, RESPONSIBLE AND COST-EFFECTIVE PLATFORM.
Describe the Organization's Program Activity:
Part 3 - Line 4a
GRANTS TO QUALIFIED ORGANIZATIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Seth A Mcdonnell President/trustee | OfficerTrustee | 40 | $176,042 |
Matt Stover Vice President/trustee | OfficerTrustee | 40 | $145,518 |
Alan S Helfer Treasurer/trustee | OfficerTrustee | 2 | $0 |
Kevin Mcallister Trustee | Trustee | 0 | $0 |
Joe Foss Trustee | Trustee | 0 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Red Source Payment For Supply And Delivery Of Human | 12/30/21 | $306,733 |
Capture Marketing And Events Llc Event Management Company For Several Of | 12/30/21 | $199,711 |
Keith Brooks Ceo Stipened For Cleint Dba The National | 12/30/21 | $155,257 |
Cobalt Management Services Llc Management Consulting | 12/30/21 | $293,944 |
Handler Thayer Llp Legal Services | 12/30/21 | $143,324 |
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 | $18,484,197 |
| Noncash contributions included in lines 1a–1f | $188,453 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $18,484,197 |
| Total Program Service Revenue | $4,733,948 |
| Investment income | $424 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $32,039 |
| Net Income from Fundraising Events | -$219,342 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $23,235,628 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $10,947,185 |
| Grants and other assistance to domestic individuals. | $32,404 |
| Grants and other assistance to Foreign Orgs/Individuals | $555,577 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $145,518 |
| Compensation of current officers, directors, key employees. | $22,057 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,268,071 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $81,225 |
| Payroll taxes | $95,166 |
| Fees for services: Management | $241,329 |
| Fees for services: Legal | $228,427 |
| Fees for services: Accounting | $162,485 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $2,171,386 |
| Advertising and promotion | $117,641 |
| Office expenses | $376,223 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $131,489 |
| Travel | $35,824 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $6,161 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $40,892 |
| All other expenses | $10,501 |
| Total functional expenses | $16,647,504 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $12,332,876 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $9,447 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $2,418 |
| Total assets | $12,344,741 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $14,960 |
| Total liabilities | $14,960 |
| Net assets without donor restrictions | $12,329,781 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $12,344,741 |
Grants Awarded
Over the last fiscal year, Players Philanthropy Fund has awarded $5,338,718 in support to 76 organizations.
| Grant Recipient | Amount |
|---|---|
WESTERN OUTREACH CENTER AKA COWBOY CHURCH OF THE VALLEY PURPOSE: GENERAL SUPPORT TO FURTHER THE ORGANIZATION'S PURPOSE. | $2,269,905 |
Jenkintown, PA PURPOSE: GENERAL SUPPORT TO FURTHER THE ORGANIZATION'S PURPOSE. | $254,818 |
Towson, MD PURPOSE: GENERAL SUPPORT TO FURTHER THE ORGANIZATION'S PURPOSE. | $239,614 |
Towson, MD PURPOSE: GENERAL SUPPORT TO FURTHER THE ORGANIZATION'S PURPOSE. | $164,500 |
Boston, MA PURPOSE: GENERAL SUPPORT TO FURTHER THE ORGANIZATION'S PURPOSE. | $141,073 |
Beverly Hills, CA PURPOSE: GENERAL SUPPORT TO FURTHER THE ORGANIZATION'S PURPOSE. | $100,000 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Players Philanthropy Fund has recieved totaling $1,000.
| Awarding Organization | Amount |
|---|---|
Fredric Fenstermacher Foundation Inc Ft Lauderdale, FL PURPOSE: UNRESTRICTED SUPPORT | $500 |
Prince Street Foundation New York, NY PURPOSE: GENERAL SUPPORT | $500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Npt Charitable Asset Tr Jenkintown, PA | $16,456,984 | $30,273,580 |
Players Philanthropy Fund Towson, MD | $12,344,741 | $23,235,628 |
Better Medicare Alliance Inc Washington, DC | $3,588,076 | $11,134,798 |
The Philanthropy Roundtable Inc Washington, DC | $16,718,572 | $10,468,910 |
Council On Foundations Inc Washington, DC | $28,475,981 | $12,025,472 |
Independent Sector Washington, DC | $46,005,638 | $15,271,435 |
Capital Research Center Washington, DC | $10,585,659 | $6,083,008 |
Rethink Charity Mineral, VA | $1,112,987 | $5,137,197 |
Phi Delta Kappa International Inc Arlington, VA | $1,144,067 | $2,025,770 |
Hands In Service Incorporated Sellersville, PA | $413,502 | $4,515,148 |
National Center For Family Philanthropy Inc Washington, DC | $7,834,627 | $8,108,744 |
Philanthropy Network Greater Philadelphia Philadelphia, PA | $1,306,274 | $3,056,265 |