Overview
What is Usta Foundation Incorporated?
The Usta Foundation Incorporated, based in New York, is a nonprofit organization dedicated to supporting tennis delivery and educational curricula. They provide grants to eligible organizations, with a preference for those serving under-resourced demographics. In 2022, they granted $4,999,164 to 192 organizations. Their programs focus on capacity building for NJTL chapters, literacy, health, STEM, and identifying, training, and educating the next generation of tennis champions. Through these initiatives, the Usta Foundation combines tennis and education to positively impact under-resourced youth.
Official website here: www.ustafoundation.com
Is Usta Foundation Incorporated legitimate?
Usta Foundation Incorporated is a legitimate nonprofit organization registered as a 501(c)(3) entity. Usta Foundation Incorporated 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: $47,975
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Usta Foundation Incorporated?
The Usta Foundation Incorporated strives to make a positive impact on under-resourced youth by combining tennis and education. By merging these two powerful elements, they aim to transform lives and help serve up dreams. The organization offers grant support for qualified educational curricula and improved tennis delivery, prioritizing NJTL chapters that serve under-resourced demographics. In 2022, the Usta Foundation granted a total of $4,999,164 to 192 organizations. Some highlights of their programs include capacity building, literacy, health, and STEM initiatives, as well as the National Essay Contest and the Excellence Program. The capacity building program addresses the needs of NJTL chapters, supporting organizational growth and programmatic impact on under-resourced youth. The Excellence Program, in partnership with NJTL chapters and other entities, identifies, trains, and educates the next generation of American tennis champions and future leaders, providing quality coaching, equipment, and tournament travel at no cost to under-served junior players.
Official website here: www.ustafoundation.com
Who is the CEO of Usta Foundation Incorporated?
Kathleen Wu is the President/Director of Usta Foundation Incorporated.
Official website here: www.ustafoundation.com
What is the revenue of Usta Foundation Incorporated?
Usta Foundation Incorporated's revenue in 2022 was $13,702,809.
Official website here: www.ustafoundation.com
Who are the executives of Usta Foundation Incorporated and what are their salaries?
- Daniel Faber (Executive Director)
- Brian Hainline (Director)
- Violet Clark (Director)
- Kurt Zumwalt (Director)
- Kathleen Wu (President/Director)
- Molly John (Director/Vice-President)
- James Majeski (Director/Vice-President)
- David Scharf (Director/Treasurer)
- Richard Ader (Director/Secretary)
- Thomas Chen (Director)
- Benjamin Doller (Director)
- Julia Levering (Director)
- Robert Oberrender (Director)
- Missie Rennie (Director)
- Raj Vaswani (Director)
- Ivan Zinn (Director)
Official website here: www.ustafoundation.com
Where can I find the form 990 for Usta Foundation Incorporated?
The Usta Foundation Incorporated’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.ustafoundation.com
Learn more at the official website: www.ustafoundation.com
Mission Statement of Usta Foundation Incorporated
Usta Foundation Incorporated is a nonprofit organization that Brings Tennis & Education Together to Change Lives, with a particular emphasis on under-resourced youth. This powerful combination enables the foundation to Help Serve Up Dreams.
The Usta Foundation supports the implementation of educational curricula and improved tennis delivery through program and operational grants. It prioritizes funding for NJTL (National Junior Tennis & Learning) chapters, serving under-resourced demographics. In 2022, the foundation granted a total of $4,999,164 to 192 organizations.
Among the programs that received funding, the Capacity Building program addresses the needs of NJTL chapters to support organizational growth in areas such as sustainability, governance, management infrastructure, leadership development, and programmatic impact on under-resourced youth. The foundation also provides evidence-based curricula to NJTL chapters for use in elementary, middle, and high school students. These enrichment lessons complement national educational standards, using tennis as a foundation for learning valuable literacy, health, science, technology, engineering, and mathematics (STEM) competencies. Additionally, the National Essay Contest offers under-resourced students the opportunity to put their literacy skills into practical use, with contestants selected based on the merit of their essays and awarded an all-expenses-paid trip to the US Open in New York City. The Excellence Program, in partnership with NJTL chapters and other entities, identifies, trains, and educates the next generation of American tennis champions, national level competitors, collegiate players, and future leaders. The Excellence teams aim to break financial barriers by providing quality coaching, equipment, and tournament travel at no cost to under-served junior players from under-resourced populations.
Impact
This information is meant to be a general summary of Usta Foundation Incorporated. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
Usta Foundation Incorporated's impact is significant in bringing tennis and education together to change lives, with a particular focus on under-resourced youth. By providing program and operational support grants to implement qualified educational curricula and improve tennis delivery, Usta Foundation helps serve up dreams for many young individuals. In 2022 alone, the foundation granted a total of $4,999,164 to 192 organizations, with a preference for NJTL chapters serving under-resourced demographics.
Highlighted programs funded by Usta Foundation include capacity building initiatives for NJTL chapters, national essay contests, literacy, health, and STEM programs. These initiatives aim to enhance educational standards, promote valuable skills, and provide unique opportunities for under-resourced youth to excel. The foundation's Excellence Program works in partnership with NJTL chapters to identify and train the next generation of American tennis champions, providing quality coaching, equipment, and tournament travel at no cost to junior players from under-served populations.
Overall, Usta Foundation Incorporated's tireless efforts in combining tennis and education have a profound impact on the lives of under-resourced youth, offering them opportunities for growth, development, and success both on and off the tennis court.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Assets and Liabilities:
Organization Details
Founding Year
1994
Phone
(914) 696-7000
Principal Officer
Kathleen Wu
Main Address
2500 Westchester Avenue Suite 411, PURCHASE, NY, 10577
Website
www.ustafoundation.com
NTEE Category
Code: N12 - Recreation
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