Form 990 for tax year 2023
Filed by NATIONAL BASKETBALL ASSOCIATION FOUNDATION.
Totals
- Total revenue
- $32,517,010
- Total expenses
- $48,797,606
- Contributions and grants received
- $30,760,100
- Grants paid
- $45,241,250
- Program service revenue
- $0
- Investment income
- $1,756,910
- Other revenue
- $0
- Total assets, end of year
- $21,774,953
- Total liabilities, end of year
- $21,333,844
- Net assets or fund balances, end of year
- $441,109
- Program services expenses (Part IX)
- $47,882,239
- Management and general expenses
- $915,367
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $47,882,239
Program services were 98.1% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1f · All other contributions, gifts and grants
$30,760,100
-
3 · Investment income
total $1,756,910 · excluded $1,756,910
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $44,461,250 · program services $44,461,250
-
3 · Grants to foreign organizations and individuals
total $780,000 · program services $780,000
-
5 · Compensation of officers, directors and key employees
total $693,063 · program services $693,063
-
7 · Other salaries and wages
total $1,066,691 · program services $1,066,691
-
8 · Pension plan contributions
total $26,434 · program services $26,434
-
9 · Other employee benefits
total $204,642 · program services $204,642
-
10 · Payroll taxes
total $108,108 · program services $108,108
-
11b · Fees: legal
total $157,156 · management and general $157,156
-
11c · Fees: accounting
total $59,617 · management and general $59,617
-
11g · Fees: other
total $295,751 · program services $267,243 · management and general $28,508
-
12 · Advertising and promotion
total $288,104 · management and general $288,104
-
13 · Office expenses
total $51,878 · management and general $51,878
-
14 · Information technology
total $123,418 · management and general $123,418
-
17 · Travel
total $123,333 · management and general $123,333
-
19 · Conferences, conventions and meetings
total $300,661 · program services $274,808 · management and general $25,853
-
23 · Insurance
total $57,500 · management and general $57,500
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $958,858 · end of year $0
-
2 · Savings and temporary cash investments
beginning of year $39,213,568 · end of year $21,721,258
-
3 · Pledges and grants receivable
beginning of year $500,000 · end of year $0
-
4 · Accounts receivable
beginning of year $0 · end of year $1,820
-
9 · Prepaid expenses and deferred charges
beginning of year $51,810 · end of year $51,875
-
17 · Accounts payable and accrued expenses
beginning of year $385,198 · end of year $272,410
-
18 · Grants payable
beginning of year $23,580,937 · end of year $21,034,687
-
25 · Other liabilities
beginning of year $36,396 · end of year $26,747
-
27 · Net assets without donor restrictions
beginning of year $16,721,705 · end of year $441,109
Mission and programs · 2023
Mission
TO DRIVE ECONOMIC OPPORTUNITY FOR UNDER-RESOURCED YOUTH, AGES 14-24, BY FUNDING PROGRAMS THAT GENERATE SUCCESSFUL TRANSITIONS FROM SCHOOL TO MEANINGFUL EMPLOYMENT WITH PRIORITY BEING GIVEN TO ORGANIZATIONS OPERATING IN NBA TEAM MARKETS.
Activities or mission (Part I)
TO DRIVE ECONOMIC OPPORTUNITY IN UNDER-RESOURCED COMMUNITIES THROUGH EMPLOYMENT & CAREER DEVELOPMENT BY FUNDING PROGRAMS THAT GENERATE SUCCESSFUL TRANSITION FROM SCHOOL TO MEANINGFUL EMPLOYMENT FOR UNDER-RESOURCED YOUTH.
-
TO PROVIDE ASSISTANCE THROUGH ECONOMIC EMPOWERMENT IN UNDER-RESOURCED COMMUNITIES THROUGH EMPLOYMENT AND CAREER ADVANCEMENT OPPORTUNITIES.
Expenses $47,882,239 · Grants $45,241,250
As filed on the 2023 return.
Listed in Part VII
-
Harrison BarnesHARRISON BARNES
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Gayle BensonGAYLE BENSON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Tobias HarrisTOBIAS HARRIS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Michael JordanMICHAEL JORDAN
DIRECTOR UNTIL 8/3/23
- Total calculated
- $0
- Hours/week
- 2
-
Antony ResslerANTONY RESSLER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Adam SilverADAM SILVER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Lawrence TanenbaumLAWRENCE TANENBAUM
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Andre IguodalaANDRE IGUODALA
DIRECTOR FROM 11/9/23
- Total calculated
- $0
- Hours/week
- 2
-
Tamika TremaglioTAMIKA TREMAGLIO
DIRECTOR UNTIL 11/9/23
- Total calculated
- $0
- Hours/week
- 2
-
Mat IshbiaMAT ISHBIA
DIRECTOR FROM 11/15/23
- Total calculated
- $0
- Hours/week
- 2
-
Greg TaylorGREG TAYLOR
EXECUTIVE DIRECTOR UNTIL 5/1/24
- Total calculated
- $737,694
- From this org
- $657,719
- From related orgs
- $0
- Other
- $79,975
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $532,094
- Bonus
- $125,625
- Other
- $0
- Deferred
- $49,500
- Nontaxable benefits
- $30,475
- Filer's total
- $737,694
-
Mark TatumMARK TATUM
PRESIDENT
- Total calculated
- $0
- Hours/week
- 2
-
Kathy BehrensKATHY BEHRENS
VICE PRESIDENT
- Total calculated
- $0
- Hours/week
- 2
-
Heidi NadlerHEIDI NADLER
TREASURER UNTIL 3/31/24
- Total calculated
- $0
- Hours/week
- 2
-
Ira ReissIRA REISS
TREASURER FROM 5/17/24
- Total calculated
- $0
- Hours/week
- 2
-
Matthew Carpenter-DennisMATTHEW CARPENTER-DENNIS
SECRETARY
- Total calculated
- $0
- Hours/week
- 2
-
Adela Ruiz-OlivioADELA RUIZ-OLIVIO
PROGRAM AND GRANTS LEAD
- Total calculated
- $256,017
- From this org
- $221,780
- From related orgs
- $0
- Other
- $34,237
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $205,780
- Bonus
- $16,000
- Other
- $0
- Deferred
- $10,103
- Nontaxable benefits
- $24,134
- Filer's total
- $256,017
-
Lauren SillsLAUREN SILLS
OPERATIONS LEAD
- Total calculated
- $286,122
- From this org
- $262,348
- From related orgs
- $0
- Other
- $23,774
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $237,348
- Bonus
- $25,000
- Other
- $0
- Deferred
- $11,790
- Nontaxable benefits
- $11,984
- Filer's total
- $286,122
-
Pamela StultzPAMELA STULTZ
EXECUTIVE ADMINISTRATOR
- Total calculated
- $175,736
- From this org
- $140,319
- From related orgs
- $0
- Other
- $35,417
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $128,619
- Bonus
- $11,700
- Other
- $0
- Deferred
- $21,255
- Nontaxable benefits
- $14,162
- Filer's total
- $175,736
-
Sabrina GreigSABRINA GREIG
PROGRAM AND GRANTS MANAGER
- Total calculated
- $129,843
- From this org
- $117,201
- From related orgs
- $0
- Other
- $12,642
- Hours/week
- 40
-
Richard PenaRICHARD PENA
PROGRAM AND GRANTS MANAGER
- Total calculated
- $132,788
- From this org
- $116,545
- From related orgs
- $0
- Other
- $16,243
- Hours/week
- 40
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
- 3 · Compensation survey or study
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
-
$1,000,000
IN SUPPORT OF PROGRAMS IN FURTHERANCE OF NBA FOUNDATION'S MISSION
-
$800,000
IN SUPPORT OF PROGRAMS IN FURTHERANCE OF NBA FOUNDATION'S MISSION
-
$800,000
IN SUPPORT OF PROGRAMS IN FURTHERANCE OF NBA FOUNDATION'S MISSION
-
$750,000
IN SUPPORT OF PROGRAMS IN FURTHERANCE OF NBA FOUNDATION'S MISSION
-
$700,000
IN SUPPORT OF PROGRAMS IN FURTHERANCE OF NBA FOUNDATION'S MISSION
-
$600,000
IN SUPPORT OF PROGRAMS IN FURTHERANCE OF NBA FOUNDATION'S MISSION
-
$600,000
IN SUPPORT OF PROGRAMS IN FURTHERANCE OF NBA FOUNDATION'S MISSION
-
$600,000
IN SUPPORT OF PROGRAMS IN FURTHERANCE OF NBA FOUNDATION'S MISSION
-
$600,000
IN SUPPORT OF PROGRAMS IN FURTHERANCE OF NBA FOUNDATION'S MISSION
-
$600,000
IN SUPPORT OF PROGRAMS IN FURTHERANCE OF NBA FOUNDATION'S MISSION
The 10 largest by cash amount. The API serves every itemized grant.
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 13 May 2025
- IRS schema version
- 2023v6.0
- Source object
- 202531339349307483
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
The source document this was parsed from is served over the API, which is where bulk and document access live.