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CARIS SPORTS FOUNDATION INC

CHANDLER, AZ · EIN 834015201 · Form 990EZ · FY2022 · NTEE N12 · Recreation & Sports · Small ($100K-$1M) · carissportsfoundation.org
revenue
$116K
expenses
$85K
net assets
$42K
employees
mission · from form 990

THE PURPOSE OF THE ORGANIZATION IS TO PROVIDE FINANCIAL SUPPORT TO INDIVIDUALS, TEAMS, AND ORGANIZATIONS TO SUPPLEMENT THE COST OF PARTICIPATING IN SPORTS BASED ON THE ECONOMIC STATUS OF INDIVIDUAL PARTICIPANTS IN ORDER TO REDUCE THE BARRIER OF PARTICIPATION IN ATHLETICS DUE TO THE INABILITY OF PARTICIPANTS, OR THEIR PARENTS, TO COVER THE NECESSARY EXPENSES TO PARTICIPATE.

profile · synthesized from sources

Caris Sports Foundation, founded in 2019, provides financial aid to K-12 student-athletes in Arizona so they can participate in recreational and competitive sports programs. The organization removes financial barriers such as team fees, equipment, and travel costs, ensuring that economic status does not prevent youth from accessing the physical, emotional, and social benefits of organized sports. While currently operating in Arizona, the foundation plans to expand to other regions.

named programs · 4 · from sources

what they call their work

Annual Golf Tournament
Fundraising golf event held to generate support for the foundation's financial aid initiatives
Competitive Program Financial Support
Provides scholarships for student-athletes to join club-level sports teams that require tryouts, compete in tournaments, and may involve travel
Online Auction
Annual online auction fundraiser that engages the community and raises funds to support youth sports participation
Recreational Program Financial Support
Offers financial aid for youth to participate in non-competitive sports programs based on interest rather than athletic ability
activities · 3 groups

what they do

  • Charity Golf Tournament 3 activities
    • Annual Golf Tournament Fundraiser
      Hosts an annual golf tournament at the Arizona Biltmore, Adobe golf course, now in its second year, to raise funds for the foundation and its financial aid programs.
    • Fundraising Events (Golf Tournament and Online Auction)
      Hosts annual fundraising events, including a First Annual Online Auction launched on September 24 and an annual golf tournament held at the Arizona Biltmore, Adobe golf course, with proceeds supporting the foundation and financial aid awardees.
    • Hosting fundraising golf tournaments
      The organization hosts an annual golf tournament, which has been held at the Arizona Biltmore, Adobe golf course for at least two years, to raise funds for its programs and financial aid awardees.
  • Youth Sports Participation Scholarships 3 activities
    • Providing financial aid for youth sports participation
      The organization provides financial aid to K-12 students in Arizona from low-income families to cover costs associated with recreational and competitive sports, distributing over $40,000 in 2021. Aid is limited to one award per applicant within a 12-month period.
    • Youth Sports Financial Aid Program
      Provides financial aid to K-12 students in Arizona from low-income families to cover costs associated with participating in recreational and competitive sports, including winter sports. The program limits awards to one per applicant within a 12-month period and accepts ongoing applications.
    • Youth Sports Financial Aid Program
      Provides financial support to K-12 students in Arizona from low-income families to cover costs associated with participating in recreational and competitive sports, including winter sports. Awards are limited to one per applicant within a 12-month period, and applications are accepted on an ongoing basis.
  • Charity Galas and Auctions 2 activities
    • Hosting online auctions
      The organization launched its first annual online auction on September 24th.
    • Online Auction Fundraiser
      Hosts an annual online auction fundraiser, with the first event launched on September 24.
financials · form 990EZ · fy2022
revenue
Total revenue$116K
Contributions & grants$112K96%
Program service revenue
Investment income$20%
Other revenue
expenses
Total expenses$85K
Program expenses
Admin / overhead
Fundraising
Salaries & benefits
Grants paid out$73K
balance sheet
Total assets$42K
Cash
Investments
Liabilities
Net assets$42K
2 years on record · 2020–2022 · YoY revenue +169.5%
leadership · form 990 part vii · fy2022

who runs it

board members · 2
  • JENNIFER KRUSE — DIRECTOR
  • RACQUEL MCNABB — EXECUTIVE DIRECTOR
relationships · 8

who they work with

  • Arizona Biltmore Golf Club Partner — Host venue for the Caris Sports Foundation annual golf tournament.
  • Aspen Institute Sports & Society Program Partner — Project Play, which Caris Sports Foundation collaborates with, was founded by this organization.
  • Faith Hospice Partner — Presented the First Annual Online Auction.
  • Jennifer Kruse Partner — High school girls basketball coach and advocate who supports the foundation's mission to remove financial barriers to youth sports.
  • Mickie James Partner — Official Ambassador for Women's History Month.
  • Project Play Partner — Collaborates on a three-part series about why active kids do better.
  • Raquel Nurse McNabb Partner — Founder of Caris Sports Foundation and former collegiate athlete who provides leadership and vision for the organization.
  • Unicorn Philanthropy Partner — Acknowledged for changing the community.