First Point Volleyball Foundation

Organization Overview

First Point Volleyball Foundation is located in Los Angeles, CA. The organization was established in 2017. According to its NTEE Classification (B12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Education and related organizations. As of 12/2023, First Point Volleyball Foundation employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. First Point Volleyball 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 12/2023, First Point Volleyball Foundation generated $979.3k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.7% each year. All expenses for the organization totaled $693.6k during the year ending 12/2023. While expenses have increased by 4.3% 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 2017, First Point Volleyball Foundation has awarded 25 individual grants totaling $2,463,590. 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

TO CREATE MORE EDUCATIONAL OPPORTUNITIES FOR BOYS AND MEN TO PLAY COMPETITIVE VOLLEYBALL.

Describe the Organization's Program Activity:

Part 3 - Line 4a

GROW THE GAME AND SUSTAINING GRANT PROGRAM PROVIDES GRANT FUNDING TO COLLEGES AND UNIVERSITIES TO SUPPORT THE START OF NEW MEN'S VOLLEYBALL PROGRAMS AT THE NCAA, NAIA, AND THE JUNIOR COLLEGE LEVELS. FUNDS CAN BE USED FOR EDUCATIONAL EXPENSES THAT SUPPORT THE INSTITUTION'S SUPPORT OF INTERCOLLEGIATE EXPENSES INCLUDING SCHOLARSHIPS, ETC.


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Board, Officers & Key Employees

Name (title)Compensation
Name Not Listed
Treasurer
$0
Name Not Listed
Chairman Of The Board
$0
Name Not Listed
President & CEO
$95,117
Name Not Listed
Director
$0
Name Not Listed
Director (beg. 1/1 And End 12/31)
$0
Name Not Listed
Director
$0

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$979,630
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$979,630
Total Program Service Revenue$0
Investment income $0
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales -$348
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $979,282

Grants Awarded

Over the last fiscal year, First Point Volleyball Foundation has awarded $312,500 in support to 3 organizations.

Grant RecipientAmount

FARLEIGH DICKINSON

PURPOSE: Morgan McKinzie Endowment Fund

$100,000

NJCAA

PURPOSE: Scholarships

$62,500

UNIVERSITY OF MARYLAND EASTERN SHORE

PURPOSE: Scholarships

$150,000
View Grant Profile

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