Overview
What is Texas Rangers Baseball Foundation?
The Texas Rangers Baseball Foundation, situated in Arlington, Texas, is a nonprofit organization dedicated to enriching the lives of underprivileged children and supporting military families and first responders within the Dallas/Fort Worth area. They accomplish this by funding various educational, health, and athletic programs, as well as through partnerships. This includes youth fitness and wellness initiatives like just keep livin programs, scholarships, and summer activities for children facing challenging circumstances. Moreover, they offer charitable youth programs that provide health, wellness, and exercise education, and distribute Rangers baseball game tickets to underprivileged children. Since its establishment in 1991, the Foundation has invested over $30 million in the community, notably supporting the Texas Rangers MLB Youth Academy at Mercy Street Sports Complex, presented by Toyota.
Official website here: www.texas.rangers.mlb.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 95% (Four-Star out of Four Star rating)
The Texas Rangers Baseball Foundation has achieved an impressive 95% rating from Charity Navigator, indicating strong accountability and financial health. This score reflects the organization's commitment to transparency, as evidenced by its 100% independent board and high marks across various financial metrics, showcasing a solid governance structure.
Strengths of the foundation include its excellent fundraising efficiency and program expense ratio, with 78.34% of expenses directly supporting its programs. Financial practices demonstrate a robust capacity for managing resources, highlighted by a low liabilities-to-assets ratio and significant working capital available for future initiatives.
However, one noted limitation is the absence of a whistleblower policy, which could enhance governance practices. Despite this, the foundation's overall financial health and commitment to accountability position it as a reputable nonprofit within its sector.
This AI summary has been generated from information found on Charity Navigator.
Is Texas Rangers Baseball Foundation legitimate?
Texas Rangers Baseball Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Texas Rangers Baseball 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: $703,765
For more financial information, click here
Official website here: www.texas.rangers.mlb.com
What is the mission statement of Texas Rangers Baseball Foundation?
The Texas Rangers Baseball Foundation is committed to enhancing the lives of children in need within their community. They achieve this by providing funding for various programs, focusing on children, military personnel, and first responders, as well as their families. Their mission encompasses educational, health, and athletic initiatives, with a significant investment of over $30 million since its establishment in 1991. The foundation supports initiatives such as the Texas Rangers MLB Youth Academy at Mercy Street Sports Complex, scholarships, youth fitness programs, and summer activities for children facing challenging circumstances.
Official website here: www.texas.rangers.mlb.com
Who is the CEO of Texas Rangers Baseball Foundation?
Neil Leibman is the Chairman of Texas Rangers Baseball Foundation.
Official website here: www.texas.rangers.mlb.com
What is the revenue of Texas Rangers Baseball Foundation?
Texas Rangers Baseball Foundation's revenue in 2022 was $3,328,811.
Official website here: www.texas.rangers.mlb.com
Who are the executives of Texas Rangers Baseball Foundation and what are their salaries?
There 100 volunteers at Texas Rangers Baseball Foundation.
Here are 10 key members and their salaries:
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- Related: $203,789
- Other: $4,032
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Official website here: www.texas.rangers.mlb.com
Where can I find the form 990 for Texas Rangers Baseball Foundation?
Texas Rangers Baseball Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.texas.rangers.mlb.com
Learn more at the official website: www.texas.rangers.mlb.com
Mission Statement of Texas Rangers Baseball Foundation
The Texas Rangers Baseball Foundation, established in 1991, is committed to enhancing the lives of children in need within their community. This esteemed organization is dedicated to providing financial support for various initiatives, focusing on children, military personnel and their families, as well as first responders and their families. Their mission extends to educational, health, and athletic programming, aiming to foster a sense of growth and well-being among the community's youth.
Throughout its 30-year history, the Texas Rangers Baseball Foundation has invested over $30 million into their community. Some of their notable projects include the Texas Rangers MLB Youth Academy at Mercy Street Sports Complex, presented by Toyota. This academy offers young individuals the opportunity to develop their skills in baseball and softball, while also promoting overall health and wellness. Furthermore, the foundation supports various youth fitness and wellness programs, such as the just keep livin programs, which aim to empower children and help them overcome challenges in their lives.
In addition to their financial contributions, the Texas Rangers Baseball Foundation also provides scholarships and summer programming for children in need. By doing so, they offer these young individuals the chance to pursue their dreams and overcome the barriers that may have held them back. Overall, the foundation's mission is to improve the lives of children in their community and provide them with the resources and opportunities they need to thrive.
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Impact
July, 2024
The Texas Rangers Baseball Foundation is dedicated to improving the lives of children in need within our community. Since its inception in 1991, the Foundation has invested more than $30 million to support programs such as the Texas Rangers MLB Youth Academy at Mercy Street Sports Complex, youth fitness and wellness programs, scholarships, and summer programming for children in challenging circumstances. Their activities provide health, wellness, and exercise education, as well as opportunities for underprivileged children to attend Rangers baseball games. This impactful work in the Dallas/Fort Worth area positively influences the lives of many children, military personnel, and first responders and their families.
This information is meant to be a general summary of Texas Rangers Baseball 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: $338,021
- Gross Receipts: $5,875,957
Assets and Liabilities:
- Total Assets: $31,717,127
- Total Liabilities: $2,919,856
- Net Assets: $28,797,271
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Organization Details
Founding Year
1991
Phone
(817) 533-1600Principal Officer
Neil Leibman
Main Address
734 STADIUM DRIVE, ARLINGTON, TX, 76011
Website
www.texas.rangers.mlb.comNTEE Category
Code: B70M - Education
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