NonprofitsPacers Basketball Corp Foundation Inc

Public Foundations

Pacers Basketball Corp Foundation Inc

INDIANAPOLIS, IN

Total revenue

$13.8M

Total expenses

$1.0M

Net assets

$14.3M

Grants received

$10.1M

6 grants

EIN

351908365

Tax year

2023

Mission

The foundation is dedicated to raising funds in support of youth-oriented charities and programs across the state of indiana. It seeks to draw on the energy, team pride, and spirit of selflessness that characterize pacer basketball to help make a difference for young people.

Programs

1 program

Math hoops is a four-year initiative that aligns a statewide focus by education, business and civic leaders to strengthen access to quality stem education. Data shows persistent gaps in math proficiency, particularly for lower-income students, even as more careers demand greater mastery of stem subjects. The nba math hoops program has demonstrated success over time in improving outcomes in cities where it has been implemented through schools and community organizations.

Expenses: $296K

Financials

FY 2023

Revenue

Contributions & grants$13.5M
Program service revenue
Investment income$249K
Other revenue$531
Total revenue$13.8M

Expenses

Grants paid$398K
Salaries & benefits$85K
Fundraising$34K
Other expenses$522K
Total expenses$1.0M
Total assets$14.4M
Net assets$14.3M

People

12 listed

NameRoleCompensation

RICO FRANCIS

BD. MBER, SOCIAL IMPACT DIR.

Board

$82K

1 hrs/wk

MEL RAINES

VICE CHAIR

Board

1 hrs/wk

MATT ALBRECHT

TREASURER

Board

1 hrs/wk

COREY WILSON

EXECUTIVE DIRECTOR/SECY.

Board

10 hrs/wk

CINDY SIMON SKJODT

BOARD MEMBER

Board

1 hrs/wk

JUAN GONZALEZ

BOARD MEMBER

Board

1 hrs/wk

RACHEL SIMON

CHAIR

Board

1 hrs/wk

DANNY LOPEZ

BOARD MEMBER

Board

1 hrs/wk

QUINN BUCKNER

BOARD MEMBER

Board

1 hrs/wk

RICK FUSON

BOARD MEMBER

Board

1 hrs/wk

TRACY ELLIS-WARD

BOARD MEMBER

Board

1 hrs/wk

MICHAEL LAKE

BOARD MEMBER

Board

1 hrs/wk

Grants received

Showing 6 of 6

FromAmountPurposeYear
$20K
To Be Used at the Organization's Discretion
2024
$10M
PUBLIC, SOCIETAL BENEFIT
2023
$120K
To Be Used at the Organization's Discretion
2023
$3K
PROGRAM SUPPORT
2023
$2K
PROGRAM SUPPORT
2021
$2K
PROGRAM SUPPORT
2020

Funded by

$10.1M from 3 funders · 6 grants · 2020–2024

National Philanthropic Trust

$10M · 1 grant · 2023

The Indianapolis Foundation Inc

$140K · 2 grants · 2023–2024

Bowen Family Foundation Inc

$7K · 3 grants · 2020–2023

Details

EIN351908365
NTEE codeT30Z
Subsection03
Ruling date1994-09
Formed1993
Employees0
Volunteers35
PACERS BASKETBALL CORP FOUNDATION INC — Mission, Financials & Grants Received | Grantivo