NonprofitsLightning Foundation Inc

Education

Lightning Foundation Inc

TAMPA, FL

Total revenue

$5.6M

Total expenses

$5.1M

Net assets

$4.1M

Grants received

$346K

18 grants

EIN

593542305

Tax year

2023

Mission

Investing resources and leadership for the advancement of the people of tampa bay.

Programs

2 programs

Hockey camps - lightning made hockey is designed to give youth hockey players of all ages and skill levels the opportunity to experience, learn, and enjoy the game of hockey through a series of camps and clinics held year round. While all lightning made programs utilize usa hockey's american development model to focus on basic skill development, each program exudes its own unique experience while enhancing various aspects of a player's game. Lightning made clinics are focused on the entry level hockey player, with an emphasis on the absolute fundamentals. The lightning made alumni series is directed at the beginner to intermediate hockey player who is looking for help on certain aspects of his or her game including defensive skills, offensive and stick handling skills, and goaltending. The lightning made summer and holiday camps target hockey players of all skill levels who are looking to round out their overall game. The lightning made elite development program (edp) is an elite program targeted at the higher caliber high school age player and is designed to provide that player an advanced level of training and the opportunity for national and internal exposure in order to advance to the next level of play. All programs utilize usa hockey certified coaches and instructors, including tampa bay lightning alumni as well as other former professional and collegiate hockey players.

Expenses: $328K

Lightning community heroes - lightning owner jeff vinik, along with his wife penny, launched the community heroes initiatives at the beginning of the 2011-12 season to distribute $10m to deserving non-profits throughout the tampa bay community. The lightning honors a community hero at each of the lightning's 41 regular season home games, and awards a $50,000 check to a non-profit charity of the heroes choice. The program is administered in collaboration with the vinik family foundation.

Expenses: $814KGrants: $800K

Financials

FY 2023

Revenue

Contributions & grants$2.9M
Program service revenue$1.4M
Investment income$139K
Other revenue$1.2M
Total revenue$5.6M

Expenses

Grants paid$1.5M
Salaries & benefits$1.3M
Fundraising
Other expenses$2.4M
Total expenses$5.1M
Total assets$4.4M
Net assets$4.1M

People

9 listed

NameRoleCompensation

ELIZABETH FRAZIER

EXECUTIVE DIRECTOR

Board

$203K

40 hrs/wk

PENNY VINIK

DIRECTOR

Board

1 hrs/wk

CRAIG SHER

DIRECTOR

Board

1 hrs/wk

JAY FEASTER

SECRETARY

Board

5 hrs/wk

STEVE GRIGGS

DIRECTOR

Board

1 hrs/wk

JEFF VINIK

CHAIRMAN

Board

1 hrs/wk

JULIEN BRISEBOIS

DIRECTOR

Board

1 hrs/wk

JASSEN CULLIMORE

DIRECTOR OF COMMUNITY HOCKEY & DEVELOPMENT

Staff

$149K

1 hrs/wk

MATHIEU GARON

ASST. DIRECTOR OF COMMUNITY HOCKEY & DEVELOPMENT

Staff

$145K

1 hrs/wk

Grants received

Showing 18 of 18

FromAmountPurposeYear
$50K
FOR OPERATIONS
2024
$50K
GENERAL PURPOSES
2024
$50K
FOR OPERATIONS
2023
$15K
GENERAL FUNDING
2023
$100
SUPPORT
2023
$50K
FLORIDA STRONG EVENT SPONSORSHIP
2022
$30K
For grant recipient's exempt purposes
2021
$30K
For grant recipient's exempt purposes
2021
$56K
SUPPORT OF ANOTHER PUBLIC CHARITY
2020
$12K
YOUTH EDUCATION, HEALTH, HOUSING, AND/OR HUNGER
2020
$800
GENERAL OPERATING SUPPORT
2020
$800
GENERAL OPERATING SUPPORT
2019
$1K
GENERAL OPERATING SUPPORT
2018

Funded by

$346K from 11 funders · 18 grants · 2018–2024

Frank Mangano Foundation

$100K · 2 grants · 2023–2024

Ryan Callahan Foundation Inc

$56K · 1 grant · 2020

Shanahan Family Foundation

$50K · 1 grant · 2024

Straz Family Foundation

$50K · 1 grant · 2022

About The Future Inc

$15K · 1 grant · 2023

Rsm Us Foundation

$12K · 1 grant · 2020

Jpmorgan Chase Foundation

$3K · 3 grants · 2018–2020

Details

EIN593542305
NTEE codeB82
Subsection03
Ruling date1999-07
Formed1998
Employees96
Volunteers100
LIGHTNING FOUNDATION INC — Mission, Financials & Grants Received | Grantivo