Overview
What is The Red Sox Foundation Inc?
The Red Sox Foundation Inc, based in Boston, Massachusetts, is a dedicated nonprofit organization aiming to improve lives within their community. Their mission harnesses the passion of Red Sox fans to support children, veterans, and families in need. The foundation's primary focus is on veterans returning from Iraq and Afghanistan, specifically those with traumatic brain injury (TBI) or combat stress. They provide confidential clinical care, innovative treatments, support services, counseling, and community outreach, aiming to break the stigma surrounding these injuries. Additionally, they offer free care for uninsured veterans, making invaluable contributions with over $29 million in grants and significant investments of staff time and resources. Their partnership with Medical Experts at Mass General Hospital ensures direct care services, making the Red Sox Foundation an integral part of the region's support system for those in need.
Official website here: www.redsoxfoundation.org
What are the reviews and ratings of this charity?
**Charity Navigator Rating: 87% (Three-Star out of Four Star Rating)**
The Red Sox Foundation holds an 87% rating from Charity Navigator, indicating a strong performance in accountability and finance. This rating reflects the charity's financial health and governance practices, which are critical for establishing trust with donors and beneficiaries. The foundation has demonstrated a commitment to effective financial management, as evidenced by high scores in program expense ratios and fundraising efficiency.
Despite these strengths, the organization has room for improvement in board independence, with only 50% of board members being independent and a lower-than-ideal number overall. Additionally, some important governance measures, such as the posting of their tax form, have not been fulfilled. This raises some concerns about transparency, which could affect donor confidence.
Unfortunately, user reviews from GreatNonprofits are not available, leaving a gap in the public's understanding of community sentiment regarding the foundation's direct impact and service delivery. Overall, the Red Sox Foundation shows solid financial practices, but it may benefit from enhancing its governance structure and improving transparency to further solidify stakeholder trust.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about The Red Sox Foundation Inc?
100% of 14 reviewers on Facebook recommend The Red Sox Foundation Inc. Here is a summary of their reviews:
The overall sentiment is overwhelmingly positive, with users expressing strong support for the foundation. While specific details about the foundation's work were not mentioned, the enthusiasm in the comments suggests a strong connection between the community and the organization. The excitement surrounding events and initiatives reflects a sense of pride and involvement among the supporters.
Overall, it seems that The Red Sox Foundation has successfully engaged with its community, fostering a supportive atmosphere and creating a loyal fan base. The positivity in user sentiments indicates that the foundation delivers effectively on its mission to make a meaningful impact.
This AI summary has been generated from reviews found on Facebook.
Is The Red Sox Foundation Inc legitimate?
The Red Sox Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Red Sox 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.
Heare are some key statistics you may want to consider:
Executive Compensation: $587,552
Professional Fundraising Fees: $0
Other Salaries and Wages: $539,477
For more financial information, click here
Official website here: www.redsoxfoundation.org
What is the mission statement of The Red Sox Foundation Inc?
The Red Sox Foundation's mission is to leverage the passion of Red Sox fans to improve the lives of children, veterans, families, and communities in need across New England. They aim to enhance the health, educational, and recreational opportunities for these groups by providing confidential clinical care, innovative treatments, support services, and counseling for wounded veterans and their families. The foundation also engages in community outreach, education, and cutting-edge research in collaboration with medical experts to promote help for uninsured veterans with Traumatic Brain Injury (TBI) and Post-Traumatic Stress Disorder (PTSD). They have invested over $29 million in grants and resources to support these initiatives.
Official website here: www.redsoxfoundation.org
Who is the CEO of The Red Sox Foundation Inc?
Rebekah Salwasser is the Executive Director of The Red Sox Foundation Inc.
Official website here: www.redsoxfoundation.org
What is the revenue of The Red Sox Foundation Inc?
The Red Sox Foundation Inc's revenue in 2022 was $10,004,314.
Official website here: www.redsoxfoundation.org
Who are the executives of The Red Sox Foundation Inc and what are their salaries?
The average compensation at The Red Sox Foundation Inc during 2022 was $20,126. There are 56 employees and 675 volunteers at The Red Sox Foundation Inc.
Here are 15 key members and their salaries:
- Compensation: $0
- Related: $855,940
- Other: $57,020
- Compensation: $186,792
- Related: $444,925
- Other: $56,337
- Compensation: $355,332
- Related: $236,888
- Other: $48,202
- Compensation: $127,933
- Related: $0
- Other: $28,812
- Compensation: $121,842
- Related: $0
- Other: $22,652
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Official website here: www.redsoxfoundation.org
Where can I find the form 990 for The Red Sox Foundation Inc?
The Red Sox Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.redsoxfoundation.org
Learn more at the official website: www.redsoxfoundation.org
Mission Statement of The Red Sox Foundation Inc
The Red Sox Foundation's mission is centered around tapping into the fervor of Red Sox Nation to make a substantial impact in the lives of children, veterans, families, and communities in need across New England. They strive to improve the health, educational, and recreational opportunities for these individuals by providing them with the necessary resources.
One of the significant initiatives undertaken by The Red Sox Foundation is the Red Sox Foundation and MGH Home Base Program. This program offers confidential clinical care, innovative treatments, support services, counseling, community outreach, and education for veterans returning from Iraq and Afghanistan who have suffered from traumatic brain injury (TBI) or combat stress. The foundation has invested over $29 million in grants for this program, in addition to dedicating staff time and in-kind resources to promote it to military and veteran communities who may require confidentiality and, if uninsured, free care for TBI and PTSD. The experts at Mass General Hospital provide direct care services within this program.
In summary, The Red Sox Foundation is committed to making a positive difference in the lives of various vulnerable populations by improving their health, education, and recreational opportunities. Through initiatives like the Red Sox Foundation and MGH Home Base Program, they offer essential support to veterans suffering from TBI or combat stress, breaking down the stigma that often prevents them from seeking help.
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Impact
October, 2024
The Red Sox Foundation Inc. plays a transformative role in enhancing the lives of children, veterans, families, and communities in New England. By tapping into the passion of Red Sox Nation, the foundation is dedicated to making a profound difference through various initiatives focused on health, education, and recreation.
One of its key programs is the collaboration with the MGH Home Base Program, which supports veterans returning from Iraq and Afghanistan who are grappling with traumatic brain injury or combat-related stress. This program offers essential clinical care, innovative treatments, and psychological support to veterans and their families, ensuring they receive the help they need in a confidential and compassionate manner. The foundation has invested over $29 million in grants to sustain this program, alongside significant contributions of staff time and in-kind resources to raise awareness and facilitate access for those who require support.
The impact of the Red Sox Foundation extends beyond direct assistance; it involves community outreach and education aimed at dismantling the stigma surrounding mental health issues. By collaborating with medical experts at Massachusetts General Hospital and various military and veteran groups, the foundation not only provides essential services but also fosters a supportive environment that encourages veterans to seek the help they deserve.
Through its dedication to improving educational and recreational opportunities, as well as providing critical health services, the Red Sox Foundation continues to make significant strides in uplifting individuals and families across the New England region.
This information is meant to be a general summary of The Red Sox 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: $202,055
- Gross Receipts: $13,462,583
Assets and Liabilities:
- Total Assets: $17,931,607
- Total Liabilities: $2,991,406
- Net Assets: $14,940,201
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Organization Details
Founding Year
2002
Phone
(617) 226-6440Principal Officer
Rebekah Salwasser
Main Address
4 JERSEY STREET, BOSTON, MA, 02215
Website
www.redsoxfoundation.orgNTEE Category
Code: T30 - Philanthropy
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