Overview
What is Detroit Pistons Foundation?
The Detroit Pistons Foundation is a charitable organization that supports non-profit entities primarily in Wayne, Oakland, and Macomb counties, with a strong focus on the city of Detroit. Their mission is to enrich the lives of metro Detroit residents by fostering programs that encourage education, mentoring, athletics, health, fitness, and nutrition. One of their key initiatives is providing annual scholarship grants to underprivileged youth, with the aim of promoting higher education opportunities. Based at 6201 Second Avenue, Detroit, MI 48202, the foundation actively works towards uplifting the community through its various projects.
Official website here: www.pistons.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 84% (Three-Star out of Four Star rating)
The Detroit Pistons Foundation has received an 84% rating from Charity Navigator, reflecting its solid performance in accountability and finance. The organization scores particularly well in areas such as having a fully independent board and maintaining a high program expense ratio of nearly 97%, which indicates that the vast majority of its funding goes directly towards its programs.
However, there are notable areas for improvement. The foundation is missing several key policies, including a conflict of interest policy, whistleblower policy, and document retention policy, which could impact its governance and transparency. Additionally, the absence of certain financial documents on its website may hinder public access to important information about the foundation's operations.
Overall, while the Detroit Pistons Foundation demonstrates strong financial management and commitment to its programs, addressing the gaps in governance policies and documentation would enhance its credibility and effectiveness in the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is Detroit Pistons Foundation legitimate?
Detroit Pistons Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Detroit Pistons Foundation 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: $0
For more financial information, click here
Official website here: www.pistons.com
What is the mission statement of Detroit Pistons Foundation?
The Detroit Pistons Foundation's mission is to enrich lives by developing programs that promote education, mentoring, athletics, health, fitness, and nutrition. They achieve this by making annual scholarship grants to underprivileged youth, encouraging the pursuit of higher education. The foundation supports non-profit organizations in Wayne, Oakland, and Macomb counties, with a focus on the city of Detroit, aiming to enhance the community's well-being.
Official website here: www.pistons.com
Who is the CEO of Detroit Pistons Foundation?
Mary Ann Sigler is the Vp/Secretary of Detroit Pistons Foundation.
Official website here: www.pistons.com
What is the revenue of Detroit Pistons Foundation?
Detroit Pistons Foundation's revenue in 2023 was $577,717.
Official website here: www.pistons.com
Who are the executives of Detroit Pistons Foundation and what are their salaries?
There 50 volunteers at Detroit Pistons Foundation.
Here are 4 key members and their salaries:
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Official website here: www.pistons.com
Where can I find the form 990 for Detroit Pistons Foundation?
Detroit Pistons Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.pistons.com
Learn more at the official website: www.pistons.com
Mission Statement of Detroit Pistons Foundation
The Detroit Pistons Foundation, a charitable organization, is dedicated to enriching the lives of residents in the metropolitan Detroit area. It achieves this mission by developing programs that promote education, mentoring, athletics, health, fitness, and nutrition. One of its key initiatives is granting annual scholarships to underprivileged youth to encourage their pursuit of higher education. The Detroit Pistons Foundation supports various non-profit organizations in Wayne, Oakland, and Macomb counties, with a particular focus on the city of Detroit. Through these initiatives, the foundation seeks to contribute positively to the community, fostering personal growth and development among its youth population.
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Impact
July, 2024
The Detroit Pistons Foundation's impact is significant in enriching the lives of Metro Detroit residents through programs that focus on education, mentoring, athletics, health, fitness, and nutrition. By awarding scholarships to underprivileged youth, the foundation promotes the pursuit of higher education and supports the development of youth in the community. Additionally, the foundation provides grants to nonprofit organizations in Wayne, Oakland, and Macomb counties, with a particular emphasis on the city of Detroit. Overall, the Detroit Pistons Foundation's work contributes to the betterment of the community and the future success of its young residents.
This information is meant to be a general summary of Detroit Pistons Foundation. 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 2023.
- Investment Income: $18,067
- Gross Receipts: $663,513
Assets and Liabilities:
- Total Assets: $1,235,263
- Total Liabilities: $289,899
- Net Assets: $945,364
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Organization Details
Founding Year
1989
Phone
(313) 747-8667Principal Officer
Mary Ann Sigler
Main Address
6201 SECOND AVENUE, DETROIT, MI, 48202
Website
www.pistons.comNTEE Category
Code: T30 - Philanthropy
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