New York Yankees Foundation Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 136089577 ✦ Bronx, NY ✦ Designated as a 501(c)(3)

Overview

What is New York Yankees Foundation Inc?

New York Yankees Foundation Inc is a charitable organization, headquartered in the Bronx, New York, with a strong commitment to fostering harmonious relationships with local communities and partners. The Foundation regularly grants funds to various community-based organizations, offering beneficial educational, recreational, and social opportunities. By providing assistance in the form of financial aid, including gifts, contributions, grants, donations, scholarships, and other forms of support, the Foundation aids both for-profit and non-profit organizations, not only in the Bronx but also in the wider New York metropolitan area, various states, commonwealths, and territories within the United States, and beyond, adhering to the applicable laws of New York and federal regulations.


Is New York Yankees Foundation Inc legitimate?

New York Yankees Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. New York Yankees Foundation Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $95,000
Other Salaries and Wages: $0

For more financial information, click here


What is the mission statement of New York Yankees Foundation Inc?
Who is the CEO of New York Yankees Foundation Inc?
What is the revenue of New York Yankees Foundation Inc?
Who are the executives of New York Yankees Foundation Inc and what are their salaries?
Where can I find the form 990 for New York Yankees Foundation Inc?

Mission Statement of New York Yankees Foundation Inc

The New York Yankees Foundation Inc is committed to offering assistance to both for-profit and non-profit organizations, within the bounds of New York state and federal laws. This assistance takes various forms, including financial aid in the form of gifts, contributions, grants, donations, scholarships, and other forms of financial assistance. The foundation's primary goal is to provide support to organizations that align with its mission, aiming to extend its reach beyond the New York metropolitan area and across various states, commonwealths, and possessions of the United States. By offering this assistance, the New York Yankees Foundation Inc seeks to contribute to the betterment of these organizations and the communities they serve.

Impact

This information is meant to be a general summary of New York Yankees Foundation Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




Thursday, August 15, 2024

New York Yankees Foundation Inc's impact is felt through its commitment to promoting and sustaining cordial and cooperative relationships with its neighbors and community partners. Through the allocation of grants on a monthly basis, the foundation supports various community-based organizations that provide positive educational, recreational, and social outlets. By providing assistance in the form of gifts, contributions, grants, donations, scholarships, and other financial assistance, the foundation enhances the quality of life throughout the surrounding communities. The foundation's work extends not only to the Bronx and the New York metropolitan area but also to various states, commonwealths, and possessions of the United States and beyond, to the extent permitted under the laws of New York and applicable federal laws.





Financials

This financial information is from Propublica.

Revenue
Expenses
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $0
  • Program Service Revenue: $201,918
  • Gross Receipts: $1,415,323

    • Assets and Liabilities:
  • Total Assets: $662,617
  • Total Liabilities: $163,540
  • Net Assets: $499,077
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    STADIUM GUIDED TOURS

    Revenue

    $134,138

    SCOREBOARD-FAN MARQUEE

    Revenue

    $67,470

    YANKEE UNIVERSE

    Revenue

    $310

    Organization Details

    Founding Year

    1961

    Principal Officer

    Derrick Baio

    Main Address

    ONE EAST 161ST STREET, BRONX, NY, 10451

    NTEE Category

    Code: T30 - Philanthropy

    If you are a representative of New York Yankees Foundation Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.