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Nonprofits›Michael Phelps Foundation

Human Services

Michael Phelps Foundation

LITCHFIELD PK, AZ

Website View as a funder

Total revenue

$1.3M

Total expenses

$1.3M

Net assets

$1.4M

Grants received

$1000K

39 grants

EIN

611571538

Tax year

2024

Mission

The organization's mission is to promote healthy, active lives, especially for children, primarily by expanding opportunities for participation in the sport of swimming.

Financials

FY 2024

Revenue

Contributions & grants$1.9M

Program service revenue—

Investment income$5K

Other revenue—

Total revenue$1.3M

Expenses

Grants paid$589K

Salaries & benefits$234K

Fundraising$85K

Other expenses$442K

Total expenses$1.3M

Total assets$1.4M

Net assets$1.4M

People

8 listed

NameRoleCompensation

MARISSA FORTIER

MANAGING DIRECTOR (THRU 4/24)

Board

$38K

40 hrs/wk

MICHAEL LYNCH

BOARD MEMBER

Board

—

3 hrs/wk

DEBBIE PHELPS

SECRETARY

Board

—

3 hrs/wk

LENNY KRAYZELBERG

TREASURER

Board

—

3 hrs/wk

NICOLE PHELPS

PRESIDENT

Board

—

5 hrs/wk

MIKE UNGER

BOARD MEMBER

Board

—

3 hrs/wk

KRISTIN STRUBLE

BOARD MEMBER

Board

—

3 hrs/wk

BOB BOWMAN

BOARD MEMBER

Board

—

3 hrs/wk

Grants received

Showing 39 of 39

FromAmountPurposeYear

TOLER FAMILY FOUNDATION

$101K

09/27/24WIRE TO BANKCHARITABLE PURPOSES ONLY

2024

TOLER FAMILY FOUNDATION

$25K

07/03/24CHECK 1279CHARITABLE PURPOSES ONLY

2024

Pool & Hot Tub Foundation

$25K

Step Into Swim

2024

HOAG FAMILY FOUNDATION

$15K

IN SUPPORT OF GENERAL OPERATIONS

2024

MOTORSPORTS CHARITIES INC

$10K

PROGRAM SUPPORT

2024

THE US CHARITABLE GIFT TRUST

$10K

FOR RECIPIENT'S EXEMPT PURPOSE

2024

TOLER FAMILY FOUNDATION

$50K

09/28/23WIRE TO BANKCHARITABLE PURPOSES ONLY

2023

THE HAROLD AND CAROLE PUMP FOUNDATION

$50K

CHARITABLE CONTRIBUTION

2023

TOLER FAMILY FOUNDATION

$38K

10/02/23CHECK 1276CHARITABLE PURPOSES ONLY

2023

THE US CHARITABLE GIFT TRUST

$25K

FOR RECIPIENT'S EXEMPT PURPOSE

2023

INDIANA SPORTS CORPORATION

$20K

PROGRAMMING ASSISTANCE

2023

Pool & Hot Tub Foundation

$16K

STEP INTO SWIM

2023

NATL CHRISTIAN CHARITABLE FDN INC

$10K

GROWTH

2023

THE THUNDERBIRDS

$10K

COMMUNITY SERVICE

2023

DONOR ADVISED CHARITABLE GIVING INC

$8K

HUMAN SERVICES

2023

L & S Hayward Foundation

$6K

GENERAL SUPPORT FOR PROGRAMS

2023

THE IRONWOOD FOUNDATION

$500

CHARITY

2023

ROBERT W & GLADYS S MESERVE CHAR TRUST

$500

GENERAL OPERATING SUPPORT

2023

GS DONOR ADVISED PHILANTHROPY FUND

$83K

COMMUNITY & HUMAN SERVICES

2022

TOLER FAMILY FOUNDATION

$50K

03/31/22CHECK 1038CHARITABLE PURPOSES ONLY

2022

THE THUNDERBIRDS

$40K

COMMUNITY SERVICE

2022

MEOW MEOW FOUNDATION

$40K

MEOW MEOW FOUNDATION (MMF) INVESTED $30,000 IN THE MICHAEL PHELPS FOUNDATION (MPF) TO CO-DEVELOP A PROGRAM THAT IMPACTS 1,200 SOCIOECOMICALLY CHALLENGED CHILDREN IN CALIFORNIA. THE IM PROGRAM COMBINES DROWNING PREVENTION, SWIM LESSONS, COMPETITIVE SWIMMING, EMOTIONALLY AND PHYSICAL HEALTHY LIVING AND GOAL ACHIEVEMENT. TRAINING IS ADMINISTERED THROUGH BOYS AND GIRLS CLUBS, INCLUDING CLUBS IN MMF'S HOME LOCATION OF PASADENA, CA.

2022

TOLER FAMILY FOUNDATION

$31K

05/31/22WIRE TO BANKCHARITABLE PURPOSES ONLY

2022

Pool & Hot Tub Foundation

$25K

STEP INTO SWIM

2022

RAYMOND JAMES CHARITABLE ENDOWMENT FUND

$20K

GENERAL SUPPORT