Joe Namath Charitable Foundation
- Assets
- $2.1m
- Revenue
- $1.9m
- Investments
- $954.0k
- Employees
- 0
- Location
- New York, NY
- Founding
- 09/2017
- Data as of
- 12/2022
- EIN
- 81-3941360
Organization Overview
Joe Namath Charitable Foundation is located in New York, NY. The organization was established in 2017. 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. Joe Namath Charitable 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 12/2022, Joe Namath Charitable Foundation generated $1.9m in total revenue. The organization has seen a slow decline revenue. Over the past 4 years, revenues have fallen by an average of (1.3%) each year. All expenses for the organization totaled $1.4m during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (0.9%) per year over the past 4 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Joe Namath Charitable Foundation has awarded 53 individual grants totaling $356,000. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joseph W Namath Chairman Of The Board | 10 | $0 | |
James C Walsh Vice President | 10 | $0 | |
Steven Bond Treasurer | 2 | $0 | |
Joseph Blaney President | 20 | $150,000 | |
Marian Gianico Secretary | 7 | $15,083 | |
Brooks Thomas Executive Director Golf | 40 | $172,944 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $1,885,666 |
| Interest on Savings | $21 |
| Dividends & Interest | $20,913 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$13,516 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $1,893,084 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $438,027 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $57,237 |
| Interest | $0 |
| Taxes | $29 |
| Depreciation | $0 |
| Occupancy | $14,705 |
| Travel, conferences, and meetings | $70,958 |
| Printing and publications | $0 |
| Other expenses | $691,703 |
| Total operating and administrative expenses | $1,303,563 |
| Contributions, gifts, grants paid | $121,000 |
| Total expenses and disbursements | $1,424,563 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $801,943 |
| Savings and temporary cash investments | $148,136 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $160,000 |
| 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 | $26,161 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $2,090,212 |
| Accounts payable and accrued expenses | $6,286 |
| Grants payable | $13,000 |
| 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 | $19,286 |
Grants Awarded
Over the last fiscal year, Joe Namath Charitable Foundation has awarded $121,000 in support to 14 organizations.
| Grant Recipient | Amount |
|---|---|
ANTHONY RIZZO FOUNDATION PURPOSE: GENERAL OPERATING PURPOSES | $6,000 |
BEAVER FALLS REUNION COMMITTEE PURPOSE: ASSITING CHILDREN & COMMUNITIES | $6,000 |
BUTTERFLIES FROM JODIE PURPOSE: GENERAL OPERATING PURPOSES | $6,000 |
DUNBAR LEARNING CENTER PURPOSE: ASSITING CHILDREN & COMMUNITIES | $25,000 |
FAMILIAL DYSAUTONOMIA FOUNDATION PURPOSE: TO FUND RESEARCH AND SUPPORT PEOPLE LIVING WITH FD | $6,000 |
HANNAHS HOME OF SOUTH FLORIDA PURPOSE: HELPING FAMILIES | $6,000 |