Overview
What is Golden State Warriors Community Foundation?
Golden State Warriors Community Foundation is a charitable organization, based in San Francisco, California, with a mission to support underprivileged youth in the Oakland, San Francisco, and San Jose areas. They achieve this goal by partnering with nonprofit organizations operating under Section 501(C)(3) of the Internal Revenue Code, which focus on education, teamwork, and self-esteem. The foundation contributes tickets to professional basketball games for these organizations to distribute, offering underprivileged youth an opportunity to attend a game. Additionally, they provide grants to support various charitable initiatives. In this way, the Golden State Warriors Community Foundation aims to uplift the lives and prospects of disadvantaged youth in the Bay Area.
Official website here: www.nba.com/warriors/foundation
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97% (Four-Star out of Four Stars)
The Golden State Warriors Community Foundation has achieved a four-star rating from Charity Navigator, reflecting a strong commitment to accountability and financial management. The charity's overall score is based entirely on its accountability and finance beacon, where it earned an impressive 97%. This high rating indicates that the organization is well-managed and transparent, providing confidence to potential donors.
Strengths of the foundation include a fully independent board of directors and robust financial oversight mechanisms, which ensure that funds are managed efficiently. Key metrics show that 90.26% of its expenses are directed towards programs, and it maintains a fundraising efficiency ratio of just $0.062, demonstrating effective use of donor contributions. Additionally, the organization has no material diversions of assets, which highlights its integrity and reliability.
While the foundation excels in several areas, the data provided does not highlight any specific limitations or areas for improvement. Its strong performance in accountability and finance suggests a solid operational framework that supports its mission effectively. Overall, the Golden State Warriors Community Foundation is positioned as a trusted entity for potential supporters looking to contribute to community initiatives.
This AI summary has been generated from information found on Charity Navigator.
Is Golden State Warriors Community Foundation legitimate?
Golden State Warriors Community Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Golden State Warriors Community 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: $173,665
Professional Fundraising Fees: $0
Other Salaries and Wages: $515,701
For more financial information, click here
Official website here: www.nba.com/warriors/foundation
What is the mission statement of Golden State Warriors Community Foundation?
The Golden State Warriors Community Foundation's mission is to support charitable organizations that promote education, teamwork, and self-esteem among underprivileged youth in various areas. This foundation aims to contribute to non-profit organizations that are exclusively operated for charitable purposes, as per Section 501(C)(3) of the Internal Revenue Code of 1986. Their contributions include providing tickets to basketball games for underprivileged youth and offering grants to support these organizations' activities. The primary goal is to enhance the opportunities and experiences of underprivileged youth, fostering their personal growth and development.
Official website here: www.nba.com/warriors/foundation
Who is the CEO of Golden State Warriors Community Foundation?
Nicole Lacob is the President of Golden State Warriors Community Foundation.
Official website here: www.nba.com/warriors/foundation
What is the revenue of Golden State Warriors Community Foundation?
Golden State Warriors Community Foundation's revenue in 2022 was $6,299,680.
Official website here: www.nba.com/warriors/foundation
Who are the executives of Golden State Warriors Community Foundation and what are their salaries?
There 20 volunteers at Golden State Warriors Community Foundation.
Here are 21 key members and their salaries:
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Official website here: www.nba.com/warriors/foundation
Where can I find the form 990 for Golden State Warriors Community Foundation?
Golden State Warriors Community Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.nba.com/warriors/foundation
Learn more at the official website: www.nba.com/warriors/foundation
Mission Statement of Golden State Warriors Community Foundation
The Golden State Warriors Community Foundation is dedicated to supporting charitable organizations that promote education, teamwork, and self-esteem among underserved youth in the Bay Area. This nonprofit organization's mission is to contribute to programs that fall under Section 501(C)(3) of the Internal Revenue Code of 1986, as amended. These programs aim to enhance the lives of underprivileged youth in Oakland, San Francisco, and San Jose by providing them with opportunities to learn and build their confidence.
To fulfill its mission, the Golden State Warriors Community Foundation makes contributions in two ways. Firstly, it provides tickets to professional basketball games for charitable organizations to distribute among their beneficiaries. This gives underserved youth the chance to attend a live sporting event, which can be an enriching experience and a source of inspiration. Secondly, the foundation grants funds to nonprofit organizations, either in the form of general support or specific project assistance. These grants help ensure that these organizations can continue their important work in promoting education, teamwork, and self-esteem among underserved youth in the Bay Area.
In summary, the Golden State Warriors Community Foundation is a nonprofit organization committed to supporting charitable programs that benefit underserved youth in the Bay Area. By providing tickets to basketball games and granting funds to qualified organizations, the foundation aims to foster education, teamwork, and self-esteem among these young individuals, giving them the opportunity to grow and thrive.
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Impact
July, 2024
The Golden State Warriors Community Foundation's impact is focused on supporting education, teamwork, and self-esteem among underserved youth programs in the Bay Area. Through contributions to charitable and educational organizations, the Foundation provides opportunities for underserved youth to attend professional basketball games and offers grants to support programs that promote education, teamwork, and self-esteem. This support helps empower youth in the Oakland, San Francisco, and San Jose areas, fostering positive development and community engagement.
This information is meant to be a general summary of Golden State Warriors Community 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 2022.
- Investment Income: $14,156
- Gross Receipts: $6,530,359
Assets and Liabilities:
- Total Assets: $17,011,860
- Total Liabilities: $1,826,608
- Net Assets: $15,185,252
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Organization Details
Founding Year
2011
Phone
(415) 212-9420Principal Officer
Nicole Lacob
Main Address
1 WARRIORS WAY, SAN FRANCISCO, CA, 94158
NTEE Category
Code: N12 - Recreation
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