Overview
What is United States Amateur Boxing Foundation?
The United States Amateur Boxing Foundation is a charitable organization located in Hood River, Oregon. Its primary mission is to support and enhance the sport of amateur boxing in the United States. It achieves this goal by granting funds to USA Boxing, Inc., a nonprofit organization, based on their needs and availability. In 2022, the foundation provided $312,509 to USA Boxing for various programs. The foundation continues to pledge its support as funds allow, with the objective of encouraging, improving, and promoting amateur boxing in the U.S.
Official website here: www.boxingfoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 76% (Three-Star out of Four Star rating)
The United States Amateur Boxing Foundation has received a Three-Star rating from Charity Navigator, indicating a solid performance in the realm of accountability and finance. With a score of 76%, the organization showcases strengths such as having a fully independent board and a strong liabilities to assets ratio of 0.00%, which suggests a sound financial footing.
Despite its strengths, the foundation has notable gaps in its governance policies. Specifically, there are missing conflict of interest and whistleblower policies, as well as a lack of a document retention and destruction policy. These omissions point to areas where the organization could improve its operational transparency and accountability.
Overall, while the foundation demonstrates a commendable commitment to financial health and has a majority of independent board members, addressing the deficiencies in its governance policies would further enhance its credibility and effectiveness in serving its mission.
This AI summary has been generated from information found on Charity Navigator.
Is United States Amateur Boxing Foundation legitimate?
United States Amateur Boxing Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. United States Amateur Boxing 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: $73,773
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.boxingfoundation.org
What is the mission statement of United States Amateur Boxing Foundation?
The United States Amateur Boxing Foundation operates solely to benefit and support USA Boxing, Inc. Its primary mission is to raise funds and acquire assets, which are then utilized by USA Boxing, Inc. to encourage, improve, and promote amateur boxing in the United States. The foundation provides grants to USA Boxing, Inc., an exempt organization, based on availability and need. In 2022, $312,509 was granted to support USA Boxing programs. As funds are available, the foundation continues to provide support to USA Boxing.
Official website here: www.boxingfoundation.org
Who is the CEO of United States Amateur Boxing Foundation?
Ed Reiner is the President of United States Amateur Boxing Foundation.
Official website here: www.boxingfoundation.org
What is the revenue of United States Amateur Boxing Foundation?
United States Amateur Boxing Foundation's revenue in 2022 was $184,985.
Official website here: www.boxingfoundation.org
Who are the executives of United States Amateur Boxing Foundation and what are their salaries?
Here are 12 key members and their salaries:
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Official website here: www.boxingfoundation.org
Where can I find the form 990 for United States Amateur Boxing Foundation?
United States Amateur Boxing Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.boxingfoundation.org
Learn more at the official website: www.boxingfoundation.org
Mission Statement of United States Amateur Boxing Foundation
The United States Amateur Boxing Foundation operates with a singular purpose: to benefit and support USA Boxing, Inc. This nonprofit organization's mission is centered around raising funds and acquiring assets aimed at encouraging, improving, and promoting amateur boxing in the United States. In essence, the United States Amateur Boxing Foundation serves as a financial backbone, providing grants to USA Boxing, Inc., an exempt organization, to develop and promote the sport of amateur boxing. In 2022, the foundation granted $312,509 to support USA Boxing programs. The foundation continues to provide support to USA Boxing as funds become available, demonstrating its commitment to the growth and promotion of amateur boxing in the country.
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Impact
October, 2024
The United States Amateur Boxing Foundation plays a vital role in promoting and developing the sport of amateur boxing across the nation. By providing financial support and grants to USA Boxing, Inc., the Foundation actively contributes to the growth of boxing programs and initiatives. In 2022 alone, it granted $312,509, which facilitated numerous training, competition, and outreach efforts that enhance athletes' experiences and opportunities. This funding enables various programs aimed at improving access to the sport, coaching resources, and athlete development. By focusing on the needs of USA Boxing, the Foundation ensures that the sport not only thrives but also continues to foster talent at all levels, from grassroots to elite competition. This support creates a robust framework for boxing enthusiasts and athletes, thereby invigorating the community and cultivating a new generation of boxers.
This information is meant to be a general summary of United States Amateur Boxing 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: $129,620
- Gross Receipts: $184,985
Assets and Liabilities:
- Total Assets: $4,644,181
- Total Liabilities: $0
- Net Assets: $4,644,181
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Organization Details
Founding Year
1984
Phone
(719) 460-0780Principal Officer
Ed Reiner
Main Address
819 HENDERSON ROAD, HOOD RIVER, OR, 97031
Website
www.boxingfoundation.orgNTEE Category
Code: N60 - Recreation
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