NonprofitsSharks Foundation

Youth Development

Sharks Foundation

SAN JOSE, CA

Total revenue

$1.4M

Total expenses

$1.3M

Net assets

$587K

Grants received

$734K

33 grants

EIN

770374062

Tax year

2023

Mission

See schedule o

Programs

2 programs

Goals for kids since 2014, the goals for kids program has provided season culminating grants to non-profits supporting youth and families. For every goal scored by a sharks player, a $1,000 donation was split amongst seven non-profit beneficiaries: adolescent counseling services, elevate tutoring, international association for human values, leukemia & lymphoma society, macla, and narika. The 2023-24 program raised $180,000, providing each organization with a $25,715 donation.

Expenses: $180KGrants: $180K

Npower partnership during the 2023-24 season, the sharks foundation joined forces with sap to provide a $100,000 donation to non-profit npower whose mission is to create pathways to economic prosperity by launching digital careers for military veterans and young adults from underserved communities.the funding supported their tech fundamentals program, a proven training model that gives students free, half-day tech skills training, professional development, social support, and lifetime access to an active and supportive alumni network. Through tech fundamentals, students earn industry-recognized certifications that enable them to secure middle-skills tech employment with strong potential for income growth and career advancement. The funding served 150 low-income young adults and military veterans enrolled in their programs that year.

Expenses: $100KGrants: $100K

Financials

FY 2023

Revenue

Contributions & grants$1.0M
Program service revenue
Investment income$235
Other revenue$389K
Total revenue$1.4M

Expenses

Grants paid$901K
Salaries & benefits$362K
Fundraising
Other expenses$83K
Total expenses$1.3M
Total assets$1.6M
Net assets$587K

People

13 listed

NameRoleCompensation

DOUG BENTZ

PRESIDENT

Board

1 hrs/wk

DAN RUSANOWKSY

BOARD MEMBER

Board

1 hrs/wk

JAMES HAMNETT

BOARD MEMBER

Board

1 hrs/wk

NEDA TEBATABAIE

BOARD MEMBER

Board

1 hrs/wk

JONATHAN WHITE

BOARD MEMBER

Board

1 hrs/wk

MARY EDMAN

BOARD MEMBER

Board

1 hrs/wk

ERIN TUCCI

BOARD MEMBER

Board

1 hrs/wk

GLENN MARTIN

BOARD MEMBER

Board

1 hrs/wk

ALLISON COVEY

BOARD MEMBER

Board

1 hrs/wk

BRANDON WEISS

BOARD MEMBER

Board

1 hrs/wk

MALIA BATES

SECRETARY

Board

1 hrs/wk

GREG MATTHEWS

TREASURER

Board

1 hrs/wk

CASSIE MCBRIDE

SECRETARY

Board

1 hrs/wk

Grants received

Showing 33 of 33

FromAmountPurposeYear
$13K
GENERAL SUPPORT
2024
$10K
TO FURTHER A PRIMARY GOAL OF THE FOUNDATION: TO PROVIDE MONETARY ASSISTANCE TO ORGANIZATIONS THAT PROVIDE ASSISTANCE TO DISADVANTAGED OR UNDERPRIVILEGED YOUTHS, DISADVANTAGED OR DEPENDENT SENIOR CITIZENS OR OTHER ORGANIZATIONS THAT PROVIDE OTHER TYPES OF CHARITABLE AND EDUCATIONAL SERVICES.
2024
$50K
GOALS FOR KIDS
2023
$50K
GOALS FOR KIDS
2023
$25K
OPERATIONS
2023
$10K
TO FURTHER A PRIMARY GOAL OF THE FOUNDATION: TO PROVIDE MONETARY ASSISTANCE TO ORGANIZATIONS THAT PROVIDE ASSISTANCE TO DISADVANTAGED OR UNDERPRIVILEGED YOUTHS, DISADVANTAGED OR DEPENDENT SENIOR CITIZENS OR OTHER ORGANIZATIONS THAT PROVIDE OTHER TYPES OF CHARITABLE AND EDUCATIONAL SERVICES.
2023
$6K
Program Support
2023
$50K
GOALS FOR KIDS
2022
$25K
YOUTH DEVELOPMENT
2022
$25K
TO ASSIST IN ENHANCING THE LIVES OF YOUTH AND FAMILIES IN THE COMMUNITY.
2022
$15K
OPERATIONS
2022
$13K
GENERAL SUPPORT
2022
$10K
TO FURTHER A PRIMARY GOAL OF THE FOUNDATION: TO PROVIDE MONETARY ASSISTANCE TO ORGANIZATIONS THAT PROVIDE ASSISTANCE TO DISADVANTAGED OR UNDERPRIVILEGED YOUTHS, DISADVANTAGED OR DEPENDENT SENIOR CITIZENS OR OTHER ORGANIZATIONS THAT PROVIDE OTHER TYPES OF CHARITABLE AND EDUCATIONAL SERVICES.
2022
$8K
PROGRAM SUPPORT
2022
$5K
Program Support
2022
$15K
OPERATIONS
2021
$7K
General Support
2021
$5K
Program Support
2021
$50K
KIDS SPONSORSHIP
2020
$10K
OPERATIONS
2020
$50K
KIDS SPONSORSHIP
2019
$20K
Program Support
2019
$10K
OPERATIONS
2019
$5K
TO FURTHER A PRIMARY GOAL OF THE FOUNDATION: TO PROVIDE MONETARY ASSISTANCE TO ORGANIZATIONS THAT PROVIDE ASSISTANCE TO DISADVANTAGED OR UNDERPRIVILEGED YOUTHS, DISADVANTAGED OR DEPENDENT SENIOR CITIZENS OR OTHER ORGANIZATIONS THAT PROVIDE OTHER TYPES OF CHARITABLE AND EDUCATIONAL SERVICES.
2018

Funded by

$734K from 11 funders · 33 grants · 2017–2024

The Board Of Trustees Of The Leland

$250K · 5 grants · 2017–2021

Taube Foundation For Jewish Life

$150K · 3 grants · 2022–2023

Los Altos Mountain View

$75K · 5 grants · 2019–2023

American Endowment Foundation

$64K · 3 grants · 2022–2024

Paypal Charitable Giving Fund

$48K · 4 grants · 2021–2024

American Online Giving Foundation Inc

$39K · 2 grants · 2019–2024

Enterprise Holdings Foundation

$36K · 4 grants · 2019–2023

Small World Foundation (Previously

$35K · 4 grants · 2018–2024

Details

EIN770374062
NTEE codeO12
Subsection03
Ruling date2017-01
Formed1994
Employees0
Volunteers73
SHARKS FOUNDATION — Mission, Financials & Grants Received | Grantivo