Overview
What is Rays Baseball Foundation Inc?
The Rays Baseball Foundation Inc, based in St. Petersburg, Florida, is a nonprofit organization that aims to improve the lives of community members, particularly focusing on education, youth development, wellness, and social responsibility. Their primary mission involves providing financial assistance to local nonprofits in the Tampa Bay region through their Community Fund Grant Program. This program supports and enhances existing programs offered by community-based nonprofit organizations, contributing to their ongoing efforts. The Rays Baseball Foundation and Rowdies Soccer Fund, as a whole, are committed to making a positive impact in their local community.
Official website here: www.see schedule o
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73%, earning a Two-Star out of Four Star rating.
The Rays Baseball Foundation Inc has received a Two-Star rating from Charity Navigator, indicating a need for improvement in accountability and finance practices. While the organization scores well in areas such as financial statements and asset management, it lacks a majority of independent board members and has not established several key governance policies. This raises questions about the effectiveness of its leadership and decision-making processes.
Strengths of the organization include strong financial performance in terms of program expenses and an excellent liabilities to assets ratio. However, the absence of independent oversight and comprehensive governance policies like a whistleblower policy and document retention practices suggest that there are significant areas that require attention. The foundation’s overall score reflects an organization working towards transparency but falling short in critical governance aspects.
While the foundation demonstrates financial health and ethical asset management, addressing its governance deficiencies will be crucial for enhancing its credibility and effectiveness. Stakeholders may want to monitor the organization's progress in improving board independence and implementing necessary policies for greater accountability.
This AI summary has been generated from information found on Charity Navigator.
Is Rays Baseball Foundation Inc legitimate?
Rays Baseball Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Rays Baseball 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.
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Official website here: www.see schedule o
What is the mission statement of Rays Baseball Foundation Inc?
The Rays Baseball Foundation's mission is centered around supporting youth and education programs within its community. The foundation, in alliance with the Rowdies Soccer Fund, is committed to enhancing the lives of those in need, primarily focusing on education, youth development, wellness, and social responsibility. The Rays Baseball Foundation Community Fund Grant Program provides aid to local nonprofits in the Tampa Bay region. These grants aid in enhancing and supporting existing programs offered by community-based nonprofit organizations.
Official website here: www.see schedule o
Who is the CEO of Rays Baseball Foundation Inc?
John Higgins is the Chairman/Secretary/Treasur of Rays Baseball Foundation Inc.
Official website here: www.see schedule o
What is the revenue of Rays Baseball Foundation Inc?
Rays Baseball Foundation Inc's revenue in 2022 was $1,835,399.
Official website here: www.see schedule o
Who are the executives of Rays Baseball Foundation Inc and what are their salaries?
There 60 volunteers at Rays Baseball Foundation Inc.
Here are 7 key members and their salaries:
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Official website here: www.see schedule o
Where can I find the form 990 for Rays Baseball Foundation Inc?
Rays Baseball Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.see schedule o
Learn more at the official website: www.see schedule o
Mission Statement of Rays Baseball Foundation Inc
The Rays Baseball Foundation Inc, in line with its mission, is committed to enhancing the lives of individuals within their community, primarily focusing on education, youth development, wellness, and social responsibility. This nonprofit organization, in collaboration with the Rowdies Soccer Fund, aims to support those in need by funding various programs and initiatives.
The Rays Baseball Foundation Community Fund Grant Program is a significant part of their mission. Through this program, they provide financial assistance to local nonprofit organizations situated in the Tampa Bay region. These grants are utilized to bolster and strengthen existing programs offered by community-based nonprofit organizations, thereby ensuring that they can continue to make a positive impact in the lives of those they serve. By doing so, the Rays Baseball Foundation Inc is contributing to the betterment of its community, with a particular emphasis on education and youth development.
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Impact
October, 2024
Rays Baseball Foundation Inc has a significant impact on the Tampa Bay community by supporting youth and education programs. Through its Community Fund Grant Program, the foundation provides vital assistance to local organizations, enhancing existing programs that benefit children and families in the region. Its mission focuses on improving lives by prioritizing education, youth development, wellness, and social responsibility. By addressing these key areas, the foundation plays a crucial role in empowering the next generation and fostering a supportive environment for their growth and development.
This information is meant to be a general summary of Rays Baseball Foundation Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
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.
- Investment Income: $20,902
- Gross Receipts: $2,849,562
Assets and Liabilities:
- Total Assets: $2,799,147
- Total Liabilities: $62,693
- Net Assets: $2,736,454
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Organization Details
Founding Year
2005
Phone
(727) 825-3145Principal Officer
John Higgins
Main Address
TROPICANA FIELD ONE TROPICANA DRIV, ST PETERSBURG, FL, 33705
Website
www.see schedule oNTEE Category
Code: O50 - Youth development
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