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Players Philanthropy Fund

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

EIN: 276601178 ✦ Towson, MD ✦ Designated as a 501(c)(3)

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Overview

What is Players Philanthropy Fund?

Players Philanthropy Fund is a nonprofit organization that offers a charitable gifting platform for professional athletes, celebrities, and philanthropists. This platform simplifies the process of collecting and distributing charitable assets to qualified causes in a responsible and cost-effective manner.


Official website here: www.ppf.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 91% (Four-Star out of Four Star rating)

Players Philanthropy Fund has achieved a strong Four-Star rating from Charity Navigator, reflecting its high standards in accountability and financial management. The organization scored particularly well in accountability and finance, with an impressive program expense ratio of 87.16% and a fundraising efficiency rate of $0.07, indicating effective use of funds. The organization boasts a fully independent board and well-structured financial oversight, ensuring transparency and careful management of resources.

The Fund's commitment to community engagement is evident, with a culture and community score of 75. While this score shows room for improvement, it still highlights the organization's efforts to connect with the communities it serves. Additionally, Players Philanthropy Fund has set ambitious strategic goals aimed at maximizing charitable impact and ensuring compliance across its global projects.

However, the organization has not yet been scored for its impact and measurement efforts, which could provide further insight into the effectiveness of its initiatives. Overall, Players Philanthropy Fund demonstrates a strong financial foundation and governance structure, although enhancing its community engagement and impact measurement could further strengthen its performance.


This AI summary has been generated from information found on Charity Navigator.

Is Players Philanthropy Fund legitimate?

Players Philanthropy Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Players Philanthropy Fund 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.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,473,884

For more financial information, click here


Official website here: www.ppf.org

What is the mission statement of Players Philanthropy Fund?

The Players Philanthropy Fund serves as a platform for professional athletes, celebrities, and other philanthropists to efficiently and responsibly donate charitable assets to qualified causes. By providing this vehicle, the Fund simplifies the charitable giving process for those in the public eye, allowing them to support various causes that resonate with them. The Fund's mission is geared towards ensuring that donations reach their intended destinations in a cost-effective manner. Through this service, professional athletes and celebrities can make a significant impact on the causes they care about, enhancing their philanthropic efforts and making a difference in the lives of many.


Official website here: www.ppf.org

Who is the CEO of Players Philanthropy Fund?

Seth A Mcdonnell is the President/Trustee of Players Philanthropy Fund.


Official website here: www.ppf.org

What is the revenue of Players Philanthropy Fund?

Players Philanthropy Fund's revenue in 2022 was $44,272,394.


Official website here: www.ppf.org

Who are the executives of Players Philanthropy Fund and what are their salaries?

The average compensation at Players Philanthropy Fund during 2022 was $70,185. There are 21 employees and 480 volunteers at Players Philanthropy Fund.


Here are 5 key members and their salaries:


Seth A Mcdonnell (President/Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matt Stover (Vice President/Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alan S Helfer (Treasurer/Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joe Foss (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kevin Mcallister (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.ppf.org

Where can I find the form 990 for Players Philanthropy Fund?

Players Philanthropy Fund's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.ppf.org

Learn more at the official website: www.ppf.org

Mission Statement of Players Philanthropy Fund

Players Philanthropy Fund serves as a platform for professional athletes, celebrities, and other philanthropists to effectively and responsibly channel their charitable donations towards qualified causes. This organization offers a simple and cost-effective solution for gifting, enabling individuals to make a difference in the causes they care about most. By providing a streamlined process, Players Philanthropy Fund empowers its members to make a significant impact on various communities and issues, with their generosity reaching far and wide.

The Players Philanthropy Fund presents a unique opportunity for sports figures and celebrities to engage in philanthropy and give back to the world around them. Through this platform, they can collect and distribute charitable assets, enabling them to support a wide range of causes that resonate with them. By offering a reliable and efficient vehicle for charitable giving, the Players Philanthropy Fund bridges the gap between those with the means to make a difference and the organizations and communities in need.

In essence, Players Philanthropy Fund acts as a catalyst for positive change, allowing its members to harness the power of their influence and resources to effect meaningful improvements in the lives of others. This mission is rooted in the belief that every act of generosity, no matter the size, has the potential to create a ripple effect of good, ultimately leading to a better world for all.

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Impact




October, 2024

Players Philanthropy Fund significantly impacts the philanthropic landscape by offering professional athletes, celebrities, and philanthropists a streamlined platform for collecting and distributing charitable assets. This innovative approach enables individuals to support a wide range of qualified causes effectively and responsibly.

By facilitating charitable gifting, Players Philanthropy Fund empowers these public figures to make meaningful contributions to the causes they care about, ensuring that their philanthropic efforts are both impactful and efficient. This model not only enhances the charitable reach of athletes and celebrities but also safeguards their financial investments in philanthropy.

Through its operations based in Towson, MD, Players Philanthropy Fund effectively bridges the gap between personal passion and charitable action, enabling a diverse array of beneficiaries to receive necessary support and resources. The organization fosters a culture of giving by promoting a simple, cost-effective platform that amplifies the collective impact of its contributors.




This information is meant to be a general summary of Players Philanthropy Fund. 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.

Revenue
$44,272,394 (2022)
Expenses
$31,308,734 (2022)
Efficiency

Other financial information:

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

  • Investment Income: -$3,871
  • Program Service Revenue: $239,533
  • Gross Receipts: $44,933,842

Assets and Liabilities:

  • Total Assets: $24,735,306
  • Total Liabilities: $302,656
  • Net Assets: $24,432,650

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Programs

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

PROGRAM INCOME

Revenue

$239,533

Organization Details

Founding Year

2010

Principal Officer

Seth A Mcdonnell

Main Address

1122 KENILWORTH DRIVE 201, TOWSON, MD, 21204

NTEE Category

Code: T30 - Philanthropy

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