Los Angeles Lakers Youth Foundation

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 954372410 ✦ El segundo, CA ✦ Designated as a 501(c)(3)

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Overview

What is Los Angeles Lakers Youth Foundation?

The Los Angeles Lakers Youth Foundation is a charitable organization situated in El Segundo, California. Its primary mission is to support non-profit community organizations in need, with a special focus on utilizing sports to foster education, teamwork, and self-esteem among local youth. To achieve this goal, the foundation grants funds to various organizations that provide assistance to the community, particularly those dedicated to helping children. By financially backing these initiatives, the Los Angeles Lakers Youth Foundation empowers youngsters to grow and develop in a positive environment.


Official website here: www.nba.com/lakers/community/foundation.html

Is Los Angeles Lakers Youth Foundation legitimate?

Los Angeles Lakers Youth Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Los Angeles Lakers Youth 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.nba.com/lakers/community/foundation.html

What is the mission statement of Los Angeles Lakers Youth Foundation?

The Los Angeles Lakers Youth Foundation aims to aid non-profit community organizations in need, with a particular focus on utilizing sports to foster education, teamwork, and self-esteem among young individuals in the area. Through its fundraising efforts, the foundation directly supports these initiatives by providing financial assistance to children and local youth programs. The foundation's mission is to contribute to the growth and development of these young minds, promoting positive values and skills that will benefit them in their personal and professional lives.


Official website here: www.nba.com/lakers/community/foundation.html

Who is the CEO of Los Angeles Lakers Youth Foundation?

Janie Buss is the President, Ceo of Los Angeles Lakers Youth Foundation. The CEO's salary of Los Angeles Lakers Youth Foundation is $0 and their total compensation is $0.


Official website here: www.nba.com/lakers/community/foundation.html

What is the revenue of Los Angeles Lakers Youth Foundation?

Los Angeles Lakers Youth Foundation's revenue in 2022 was $248,787.


Official website here: www.nba.com/lakers/community/foundation.html

Who are the executives of Los Angeles Lakers Youth Foundation and what are their salaries?

There 25 volunteers at Los Angeles Lakers Youth Foundation.


Here are 5 key members and their salaries (Los Angeles Lakers Youth Foundation's CEO's salary is $0 and their total compensation is $0):


Linda Rambis (President, Ceo)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joseph B Mccormack (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Janie Buss (President, Ceo)
  • Compensation: $0
  • Related: $0
  • Other: $0
Aj Harris (Chief Financial Officer, Assistant Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Daniel M Grigsby (Chief Legal Officer, General Counsel, Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.nba.com/lakers/community/foundation.html

Where can I find the form 990 for Los Angeles Lakers Youth Foundation?

Los Angeles Lakers Youth Foundation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.nba.com/lakers/community/foundation.html

Learn more at the official website: www.nba.com/lakers/community/foundation.html

Mission Statement of Los Angeles Lakers Youth Foundation

The Los Angeles Lakers Youth Foundation aims to assist non-profit community organizations in need, with a specific focus on utilizing sports as a tool to promote education, teamwork, and self-esteem among youth in the Los Angeles area. Through its funding, the foundation directly supports initiatives that embody these values, providing financial assistance to children and local youth programs. By doing so, the Los Angeles Lakers Youth Foundation plays a significant role in fostering personal growth and development among young individuals, empowering them to become responsible and confident members of their communities.

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Impact




October, 2024

The Los Angeles Lakers Youth Foundation significantly impacts the community by channeling resources into programs that leverage sports as a tool for personal development among local youth. By providing cash grants and allocations to nonprofit organizations, the foundation focuses on enhancing education, promoting teamwork, and building self-esteem among children in the Los Angeles area. This commitment helps empower the next generation, ensuring they have access to vital resources and opportunities that nurture their growth and development. Through these initiatives, the foundation fosters a sense of community and supports local youth programs aimed at addressing specific needs within the community.




This information is meant to be a general summary of Los Angeles Lakers Youth 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.

Revenue
$248,787 (2022)
Expenses
$195,901 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $358
  • Gross Receipts: $256,965

Assets and Liabilities:

  • Total Assets: $1,238,689
  • Total Liabilities: $7,637
  • Net Assets: $1,231,052

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Organization Details

Founding Year

1992

Principal Officer

Janie Buss

Main Address

2275 E MARIPOSA AVE, EL SEGUNDO, CA, 90245

NTEE Category

Code: N60 - Recreation

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