Overview
What is The Sharks Foundation (Usa) Inc C/O Marco Masotti?
The Sharks Foundation (U.S.A) Inc. C/O Marco Masotti is a nonprofit organization that primarily focuses on supporting the Sharks Rugby team's current, former, and future players, as well as their associates and families. The foundation provides assistance, resources, and mentorship to these individuals. Additionally, it supports charitable causes and humanitarian efforts led by current or former Sharks Rugby team players. Furthermore, the foundation contributes to relief efforts and activities in the city of Durban and surrounding communities in the KwaZulu-Natal province of South Africa through grantmaking.
Is The Sharks Foundation (Usa) Inc C/O Marco Masotti legitimate?
The Sharks Foundation (Usa) Inc C/O Marco Masotti is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Sharks Foundation (Usa) Inc C/O Marco Masotti 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
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What is the mission statement of The Sharks Foundation (Usa) Inc C/O Marco Masotti?
The Sharks Foundation, USA Inc., aims to offer support, assistance, resources, and mentoring to current, former, and future players, management, and associates of the Sharks rugby team, as well as their families and dependents. Additionally, the foundation supports the humanitarian or charitable purposes of foundations and similar organizations established or led by current or former players of the Sharks rugby team. Lastly, the organization extends its support to humanitarian or relief efforts and activities in the city of Durban and surrounding communities in the province of KwaZulu Natal through grantmaking.
Who is the CEO of The Sharks Foundation (Usa) Inc C/O Marco Masotti?
Marco V Masotti is the President of The Sharks Foundation (Usa) Inc C/O Marco Masotti.
What is the revenue of The Sharks Foundation (Usa) Inc C/O Marco Masotti?
The Sharks Foundation (Usa) Inc C/O Marco Masotti's revenue in 2022 was $0.
Who are the executives of The Sharks Foundation (Usa) Inc C/O Marco Masotti and what are their salaries?
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for The Sharks Foundation (Usa) Inc C/O Marco Masotti?
The Sharks Foundation (Usa) Inc C/O Marco Masotti's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of The Sharks Foundation (Usa) Inc C/O Marco Masotti
The Sharks Foundation (U.S.A.) Inc., under the leadership of Marco Masotti, is dedicated to serving a diverse range of beneficiaries. Its primary mission involves providing support, resources, and mentorship to current, former, and future players, management, and associates of the Sharks Rugby Team, as well as their families and dependents. The foundation extends its outreach to include the humanitarian or charitable purposes of foundations and similar organizations established or led by current or former players of the Sharks Rugby Team.
Beyond this, The Sharks Foundation (U.S.A.) Inc. also focuses on supporting humanitarian or relief efforts and activities in the city of Durban and surrounding communities in the Province of KwaZulu Natal, through grantmaking. By engaging in these activities, the foundation aims to contribute positively to the well-being of these communities, further cementing its commitment to making a tangible impact in people's lives.
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Impact
October, 2024
The Sharks Foundation directly impacts the lives of current, former, and future players, management, and associates of the Sharks rugby team, along with their families. By providing essential support, assistance, resources, and mentoring, the foundation fosters a strong network of support that enhances the welfare and development of these individuals.
Additionally, the foundation plays a crucial role in amplifying the charitable initiatives led by former players, thereby extending its impact into the community. In particular, its commitment to supporting humanitarian and relief efforts in Durban and the surrounding KwaZulu Natal province makes a significant difference in the lives of local residents. Through strategic grantmaking, it addresses pressing needs and empowers charitable organizations, thereby contributing to the overall well-being and resilience of the community.
The Sharks Foundation's work not only underscores the importance of sports as a platform for social good but also cultivates an enduring legacy of care and support that extends far beyond the rugby field.
This information is meant to be a general summary of The Sharks Foundation (Usa) Inc C/O Marco Masotti. 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.
Assets and Liabilities:
- Total Assets: $1,747
- Total Liabilities: $0
- Net Assets: $1,747
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Organization Details
Founding Year
2021
Phone
(212) 373-3034Principal Officer
Marco V Masotti
Main Address
1285 AVENUE OF THE AMERICAS 21ST F, NEW YORK, NY, 10019
NTEE Category
Code: T30 - Philanthropy
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