Bill Belichick Foundation
- Assets
- $1.3m
- Revenue
- $239.2k
- Investments
- $0.0
- Employees
- 0
- Location
- Wellesley, MA
- Founding
- 06/2014
- Data as of
- 12/2021
- EIN
- 46-0656365
Organization Overview
Bill Belichick Foundation is located in Wellesley, MA. The organization was established in 2014. According to its NTEE Classification (O50) the organization is classified as: Youth Development Programs, under the broad grouping of Youth Development and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bill Belichick 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 12/2021, Bill Belichick Foundation generated $239.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (14.4%) each year. All expenses for the organization totaled $510.0k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Bill Belichick Foundation has awarded 176 individual grants totaling $1,836,315. 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
BY FOCUSING ON FOOTBALL AND LACROSSE, ITS MISSION IS TO PROVIDE COACHING, MENTORSHIP, AND FINANCIAL SUPPORT TO INDIVIDUALS, COMMUNITIES, AND ORGANIZATIONS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DURING THE TAX YEAR THE BILL BELICHICK FOUNDATION CONTINUED ITS PROGRAMMATIC ACTIVITIES. THIS INCLUDED ADVERTISING OF THE BILL BELICHICK FOUNDATION'S WEBSITE WHICH OFFERS ATHLETIC ORGANIZATIONS THE OPPORTUNITY TO SEEK FINANCIAL SUPPORT. THE WEBSITE GIVES INFORMATION ON UPCOMING EVENTS AND ACCEPTS DONATIONS. THE BILL BELICHICK FOUNDATION PROVIDED EDUCATIONAL SCHOLARSHIPS TO STUDENTS AND PROVIDED GRANTS TO ORGANIZATIONS CONSISTENT WITH ITS MISSION STATEMENT. THE BILL BELICHICK FOUNDATION ALSO HELD "TEAM BELICHICK" EVENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Linda Holliday President | Officer | 5 | $0 |
Vincent Colelli Treasurer | Officer | 1 | $0 |
Berj Najarian Clerk | Officer | 1 | $0 |
Amanda Belichick Director | Trustee | 0 | $0 |
Brian Belichick Director | Trustee | 0 | $0 |
Stephen Belichick Director | Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $41,949 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $47,416 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $89,365 |
| Total Program Service Revenue | $0 |
| Investment income | $2,728 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$6,683 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $3,813 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $239,223 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $355,966 |
| Grants and other assistance to domestic individuals. | $65,000 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $42,390 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $23,747 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $18,000 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $194 |
| Office expenses | $258 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $872 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $509,961 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $403,429 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $2,429 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $24,430 |
| Prepaid expenses and deferred charges | $5,714 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $900,303 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,336,305 |
| Accounts payable and accrued expenses | $396,024 |
| Grants payable | $0 |
| Deferred revenue | $19,860 |
| 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 | $0 |
| Total liabilities | $415,884 |
| Net assets without donor restrictions | $920,421 |
| 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 | $1,336,305 |
Grants Awarded
Over the last fiscal year, Bill Belichick Foundation has awarded $320,000 in support to 32 organizations.
| Grant Recipient | Amount |
|---|---|
Baltimore, MD PURPOSE: TO PROMOTE ITS CHARITABLE PURPOSES | $10,000 |
BOSTON RENEGADES FOUNDATION PURPOSE: TO PROMOTE ITS CHARITABLE PURPOSES | $10,000 |
Atlanta, GA PURPOSE: TO PROMOTE ITS CHARITABLE PURPOSES | $10,000 |
Boston, MA PURPOSE: TO PROMOTE ITS CHARITABLE PURPOSES | $10,000 |
Bakersfield, CA PURPOSE: TO PROMOTE ITS CHARITABLE PURPOSES | $10,000 |
Washington, DC PURPOSE: TO PROMOTE ITS CHARITABLE PURPOSES | $10,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Bill Belichick Foundation has recieved totaling $225.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $225 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Imentor Incorporated New York, NY | $37,583,739 | $20,234,827 |
Good Sports Inc Braintree, MA | $15,718,989 | $17,640,081 |
Vermont Permanency Initiative Inc Plymouth, NH | $11,154,700 | $16,308,251 |
Exploration School Inc Norwood, MA | $30,976,539 | $12,294,773 |
West Side Center For Community Life Inc New York, NY | $9,114,399 | $14,422,692 |
Camp Harbor View Foundation Inc Boston, MA | $69,208,202 | $14,199,041 |
Utec Inc Lowell, MA | $20,133,809 | $14,604,530 |
Shira Association Inc Brooklyn, NY | $274,073 | $8,368,956 |
Chdfs Inc New York, NY | $4,427,558 | $6,216,072 |
Metropolitan Development Center Inc Brooklyn, NY | $2,978,131 | $7,487,789 |
Childrens Workshop Foundation Central Falls, RI | $4,705,230 | $8,734,108 |
Exalt Youth New York, NY | $8,260,540 | $8,836,761 |