Foundation For Global Sports Development

Organization Overview

Foundation For Global Sports Development is located in Los Angeles, CA. The organization was established in 1996. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Foundation For Global Sports Development 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, Foundation For Global Sports Development generated $3.2m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 30.2% each year . All expenses for the organization totaled $8.5m during the year ending 12/2022. While expenses have increased by 10.4% per year over the past 8 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, Foundation For Global Sports Development has awarded 666 individual grants totaling $21,119,992. 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 990PF Filing

TAX YEAR

2022

Describe the Organization's Program Activity:

Part 3 - Line 4a

IN 2018, THE FOUNDATION FORMED ANOTHER 501(C)(3) WHOLLY-OWNED SUBSIDIARY, SIDEWINDER FILMS III, LLC (SIDEWINDER FILMS III), WITH THE PURPOSE OF ENGAGING IN VARIOUS PROGRAMS IN FURTHERANCE OF THE FOUNDATION'S TAX-EXEMPT CHARITABLE MISSION, INCLUDING PRODUCING AN EDUCATIONAL FILM, WATERMAN. WATERMAN SHARES THE MOSTLY UNKNOWN STORY OF FIVE-TIME OLYMPIC MEDALIST DUKE KAHANAMOKU WHO SHATTERED RECORDS AND BROUGHT SURFING TO THE WORLD, ALL WHILE OVERCOMING RAMPANT RACISM IN A LIFETIME OF PERSONAL CHALLENGES. FEW OUTSIDE OF HAWAII KNOW THE DETAILS OF THIS INSPIRING STORY AND HIS CONSIDERABLE IMPACT TO SOCIETY WORLDWIDE. (CONITNUED ON STATEMENT 18)


IN 2015 THE FOUNDATION FORMED SIDEWINDER FILMS, LLC (SIDEWINDER FILMS), A 501(C)(3) WHOLLY-OWNED SUBSIDIARY, IN FURTHERANCE OF ITS TAX-EXEMPT PURPOSES AND CHARITABLE MISSION. SPORT IS MORE THAN SIMPLY A TYPE OF COMPETITION. SPORT HOLDS THE KEY TO UNLOCKING THE TRIUMPH OF HUMAN SPIRIT, MUTUAL UNDERSTANDING, AND COOPERATION AND RESPECT AMONG ALL PEOPLE. SIDEWINDER FILMS SEEKS TO BRING THESE POSITIVE MESSAGES OF SPORT TO PEOPLE THROUGH FILMS WHICH TOUCH LIVES, TELL REMARKABLE STORIES, AND CREATE A LASTING IMPACT. SIDEWINDER FILMS PRODUCED MUNICH '72 AND BEYOND, AN EMMY NOMINATED DOCUMENTARY THAT TAKES THE VIEWER ON AN EMOTIONAL JOURNEY FROM THE BEGINNING OF THE 1972 ATTACK TO PRESENT-DAY, WHERE FINALLY HEALING BEGINS TO BE WITNESSED AS A NEW MEMORIAL IS BEING BUILT IN MUNICH AT THE OLYMPIC PARK. IN 2017, SIDEWINDER FILMS BECAME THE SOLE MEMBER OF A NEWLY CREATED ENTITY, BED ONE, LLC, WHICH HAS THE PURPOSE TO ENGAGE IN THE DEVELOPMENT, PRODUCTION AND COMPLETION (CONTINUED ON STATEMENT 18)


IN FURTHERANCE OF THEIR MISSION, THE FOUNDATION RUNS A NUMBER OF AWARDS PROGRAMS THAT RECOGNIZE INDIVIDUALS WHOSE COMMITMENT TO SERVICE EXCEEDS THE NORM. GSD'S ATHLETES IN EXCELLENCE AWARD WAS CREATED TO RECOGNIZE ATHLETES WHO HAVE BEEN ROLE MODELS, LEADERS AND CHAMPIONS NOT JUST IN SPORT BUT IN USING SPORTS TO PROMOTE EDUCATION AND FAIR PLAY, AS WELL AS TO FIGHT THE USE OF DOPING SUBSTANCES, INJUSTICE AND INTOLERANCE. THE ATHLETES IN EXCELLENCE AWARD HONORS ATHLETES WHO USE THEIR ACHIEVEMENTS IN SPORT AS A CATALYST TO INSPIRE POSITIVE CHANGE. OUR ATHLETES IN EXCELLENCE RECIPIENTS ARE ACKNOWLEDGED FOR THEIR OUTSTANDING EFFORTS IN COMMUNITY OUTREACH, HUMANITARIANISM AND YOUTH MENTORSHIP. AS PART OF THE AWARD, RECIPIENTS WILL RECEIVE A $10,000 GRANT, ENABLING THEM TO PURSUE THEIR PASSIONS AND CREATE EVEN MORE POSITIVE CHANGE. SINCE 2010 AT, BEFORE, OR AFTER EACH OLYMPIC GAMES, THE HUMANITARIAN AWARD HAS BEEN PRESENTED TO INDIVIDUALS AND (CONTINUED ON STATEMENT 18)


IN 2020, THE FOUNDATION FORMED TWO ADDITIONAL 501(C)(3) WHOLLY-OWNED SUBSIDIARIES, SIDEWINDER FILMS V, LLC (SIDEWINDER FILMS V), AND SIDEWINDER FILMS VI, LLC (SIDEWINDER FILMS VI), WITH THE PURPOSE OF ENGAGING IN VARIOUS PROGRAMS IN FURTHERANCE OF THE FOUNDATION'S TAX-EXEMPT CHARITABLE PURPOSES, INCLUDING PRODUCING TWO ADDITIONAL EDUCATIONAL FILMS, I PLAY TO SURVIVE: VON CRAMM V. HITLER, AND 12 PARTS PER MILLION, WHICH WILL BE USED TO CARRY OUT SUCH CHARITABLE PURPOSES. TRIUMPH AND DISASTER: THE LIFE OF GOTTFRIED VON CRAMM WILL SHARE THE HEROIC STORY OF GOTTFRIED VON CRAMM, AN INTERNATIONAL TENNIS CHAMPION WHO CHALLENGES HITLER, SURVIVES A BRUTAL WAR AND FACES CONSEQUENCES FOR HIS SECRET LIFE. WITH COURAGE AND A STRONG SENSE OF FAMILY, HE FIGHTS TO REGAIN HIS HONOR BOTH ON THE TENNIS COURT AND OFF. RICK DEMONT: STOLEN GOLD TELLS THE STORY OF TEEN OLYMPIC SWIMMING SENSATION, RICK DEMONT, WHO HAS HIS GOLD (CONTINUED ON STATEMENT 18)


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Sheppard Mullin Richter & Hampton Llp
$2,689,342
Crux Entertainment
$357,811
M&c Media Llc
$213,664
Lewis Roca
$147,011
Avanga Filmproduktion
$108,215
View All Vendors

Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $0
Interest on Savings $49,351
Dividends & Interest $336,019
Net Rental Income$0
Net Gain on Sale of Assets $2,311,659
Capital Gain Net Income $2,311,659
Net ST Capital Gain $2,311,659
Income Modifications $0
Profit on Inventory Sales $0
Other Income $504,042
Total Revenue $3,201,071

Grants Awarded

Over the last fiscal year, Foundation For Global Sports Development has awarded $2,332,509 in support to 69 organizations.

Grant RecipientAmount

ABOLISH CHILD TRAFFICKING INC

PURPOSE: TO SUPPORT ACT'S WORK TO STOP CHILD TRAFFICKING AND BUILD RESILIENT COMMUNITIES IN HAITI AND THE DOMINICAN REPUBLIC.

$10,000

ANGEL CITY SPORTS

PURPOSE: SUPPORT OF THEIR 2022 ANGEL CITY GAMES.

$10,000

ATHLETES IN EXCELLENCE RECIPENT 1

PURPOSE: ACHIEVEMENT AWARD

$10,000

ATHLETES IN EXCELLENCE RECIPENT 10

PURPOSE: ACHIEVEMENT AWARD

$10,000

ATHLETES IN EXCELLENCE RECIPENT 2

PURPOSE: ACHIEVEMENT AWARD

$10,000

ATHLETES IN EXCELLENCE RECIPENT 3

PURPOSE: ACHIEVEMENT AWARD

$10,000
View Grant Profile

Peer Organizations

Organization NameAssets
Ressler Gertz Foundation
Encino, CA
$12,060,157
Oakland Promise
Oakland, CA
$13,469,101
Port Of Los Angeles High School
San Pedro, CA
$17,229,873
Society Of Hispanic Professional Engineers
City Of Industry, CA
$14,243,825
La Promise Fund
Los Angeles, CA
$15,071,176
Flinn Foundation
Phoenix, AZ
$9,489,645
Basic Fund
Oakland, CA
$9,421,973
Scholarship Foundation Of Santa Barbara
Santa Barbara, CA
$10,459,065
Foundation For Global Sports Development
Los Angeles, CA
$3,201,071
The Rogers Foundation
Las Vegas, NV
$710,269
School Choice Arizona Inc
Chandler, AZ
$8,382,303
Monarch School Project
San Diego, CA
$6,581,895
Education Forward Arizona
Phoenix, AZ
$6,266,542
Carol Young Brooke Foundation
Manhattan Beach, CA
$749,245
Uc Hastings Foundation
San Francisco, CA
$7,094,995
Foundation For Educational Administration
Sacramento, CA
$6,015,224
Baird Foundation Inc
Tucson, AZ
$30,384
Orange Coast College Foundation
Costa Mesa, CA
$13,270,788
Point Foundation
Los Angeles, CA
$10,563,939
Arizona Private Education Scholarship Fund Inc
Scottsdale, AZ
$7,134,785
Orange County School Of The Arts Foundation
Santa Ana, CA
$5,393,216
The Foster Alliance
Phoenix, AZ
$5,439,957
The Roddenberry Foundation
Sherman Oaks, CA
$2,607,743
Brophy Community Foundation
Phoenix, AZ
$8,022,211
Kathy Simon Family Foundation
Newport Beach, CA
$5,097,303

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