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Nonprofiteer
← BOSTON CELTICS SHAMROCK FOUNDATION INC

Form 990 for tax year 2024

Filed by BOSTON CELTICS SHAMROCK FOUNDATION INC.

Totals

Total revenue
$5,102,397
Total expenses
$2,997,838
Contributions and grants received
$6,010,563
Grants paid
$2,033,569
Program service revenue
$0
Investment income
$255,462
Other revenue
-$1,163,628
Total assets, end of year
$8,238,847
Total liabilities, end of year
$210,927
Net assets or fund balances, end of year
$8,027,920
Program services expenses (Part IX)
$2,860,242
Management and general expenses
$137,596
Fundraising expenses
$0
Program service expenses (Part III)
$2,860,242

Program services were 95.4% 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.

  • 1c · Fundraising events

    $2,685,549

  • 1e · Government grants (contributions)

    $75,646

  • 1f · All other contributions, gifts and grants

    $3,249,368

  • 1g · Noncash contributions included above

    $428,906

  • 3 · Investment income

    total $255,649 · excluded $255,649

  • 4 · Income from investment of tax-exempt bond proceeds

    total $0

  • 5 · Royalties

    total $0

  • 6d · Net rental income or loss

    total $0

  • 7a · Gross sales of assets other than inventory

    securities $110,547

  • 7b · Less cost or other basis and sales expenses

    securities $110,734

  • 7c · Gain or loss

    securities -$187

  • 7d · Net gain or loss

    total -$187 · related or exempt -$187

  • 8a · Fundraising events: gross income

    $254,665

  • 8a · Fundraising events: contributions included on line 1c

    $2,685,549

  • 8b · Fundraising events: direct expenses

    $1,418,293

  • 8c · Net income from fundraising events

    total -$1,163,628

  • 9c · Net income from gaming

    total $0

  • 10c · Net income from sales of inventory

    total $0

  • 11e · Other revenue, total

    $0

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $2,033,569 · program services $2,033,569

  • 2 · Grants to domestic individuals

    total $0

  • 3 · Grants to foreign organizations and individuals

    total $0

  • 4 · Benefits paid to or for members

    total $0

  • 5 · Compensation of officers, directors and key employees

    total $0

  • 6 · Compensation of disqualified persons

    total $0

  • 7 · Other salaries and wages

    total $0

  • 8 · Pension plan contributions

    total $0

  • 9 · Other employee benefits

    total $0

  • 10 · Payroll taxes

    total $0

  • 11a · Fees: management

    total $100,000 · management and general $100,000

  • 11b · Fees: legal

    total $0

  • 11c · Fees: accounting

    total $0

  • 11d · Fees: lobbying

    total $0

  • 11e · Fees: professional fundraising services

    total $0

  • 11f · Fees: investment management

    total $0

  • 11g · Fees: other

    total $0

  • 12 · Advertising and promotion

    total $75,646 · program services $75,646

  • 13 · Office expenses

    total $37,596 · management and general $37,596

  • 14 · Information technology

    total $0

  • 15 · Royalties

    total $0

  • 16 · Occupancy

    total $0

  • 17 · Travel

    total $0

  • 18 · Travel or entertainment for public officials

    total $0

  • 19 · Conferences, conventions and meetings

    total $0

  • 20 · Interest

    total $0

  • 21 · Payments to affiliates

    total $0

  • 22 · Depreciation, depletion and amortization

    total $0

  • 23 · Insurance

    total $0

  • 24a · Other expenses: Celtics United

    total $534,949 · program services $534,949

  • 24b · Other expenses: Misc. community initiatives

    total $86,110 · program services $86,110

  • 24c · Other expenses: Toys and Photos Program

    total $57,359 · program services $57,359

  • 24d · Other expenses: Facilities Renovation

    total $46,095 · program services $46,095

  • 24e · All other expenses

    total $26,514 · program services $26,514

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $6,253,697 · end of year $8,181,233

  • 2 · Savings and temporary cash investments

    end of year $0

  • 3 · Pledges and grants receivable

    end of year $0

  • 4 · Accounts receivable

    end of year $0

  • 5 · Loans and receivables from officers and key people

    end of year $0

  • 6 · Loans and receivables from disqualified persons

    end of year $0

  • 7 · Other notes and loans receivable

    end of year $0

  • 8 · Inventories for sale or use

    end of year $0

  • 9 · Prepaid expenses and deferred charges

    beginning of year $13,462 · end of year $3,704

  • 10c · Land, buildings and equipment, net

    end of year $0

  • 11 · Investments: publicly traded securities

    end of year $0

  • 12 · Investments: other securities

    end of year $0

  • 13 · Investments: program-related

    end of year $0

  • 14 · Intangible assets

    end of year $0

  • 15 · Other assets

    beginning of year $49,954 · end of year $53,910

  • 17 · Accounts payable and accrued expenses

    beginning of year $362,738 · end of year $170,873

  • 25 · Other liabilities

    beginning of year $31,014 · end of year $40,054

  • 27 · Net assets without donor restrictions

    beginning of year $5,923,361 · end of year $8,027,920

Mission and programs · 2024

Mission

THE MISSION OF THE BOSTON CELTICS SHAMROCK FOUNDATION IS TO EXTEND THE REACH OF THE CETICS LEGACY INTO OUR COMMUNITY. THE SHAMROCK FOUNDATION BENEFITS CHILDREN DIRECTLY THROUGH PROGRAMS THAT PROVIDE EDUCATION AND SUPPORT ALONG WITH PARTNERSHIPS AND COMMUNITY SERVICE ORGANIZATIONS

  • OTHER PROGRAM SERVICES

    Expenses $2,329,176 · Grants $1,926,786

  • PROGRAM ALLOWS FOR SEASON TICKET HOLDERS OF THE BOSTON CELTICS TO DONATE THEIR TICKETS TO THE BOSTON CELTICS SHAMROCK FOUNDATION. THE BOSTON CELTICS SHAMROCK FOUNDATION ACKNOWLEDGES THE DONATED TICKETS AS DONATIONS RECEIVED AND TREATS THE DISTRIBUTION OF TICKETS AS EXPENSES.

    Expenses $428,906 · Grants $428,906 · Revenue $428,906

  • THE LICENSE PLATE PROGRAM WAS DESIGNED TO RAISE PROCEEDS AND AWARENESS OF CHILDREN'S HOSPITAL 0F BOSTON. INDIVIDUAL DONORS APPLY FOR BOSTON CELTICS/CHILDREN'S HOSPITAL CO-BRANDED MASSACHUSETTS LICENSE PLATES. A PORTION OF EACH LICENSE IS PAID BY THE MASSACHUSETTS REGISTRY OF MOTOR VEHICLES TO THE BOSTON CELTICS SHAMROCK FOUNDATION, WHICH IN TURN DONATES TO THE CHILDREN'S HOSPITAL OF BOSTON.

    Expenses $75,646 · Revenue $75,646

  • RUNNERS UTILIZE BOSTON CELTICS SHAMROCK FOUNDATION ASSETS FOR PHILANTROPIC PURPOSES IN ASSOCIATION WITH COMPLETING BOSTON MARATHON

    Expenses $26,514 · Revenue $268,921

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • WYCLIFFE K GROUSBECK

    Director & CEO

    Total calculated
    $11,117,625
    From this org
    $0
    From related orgs
    $11,087,104
    Other
    $30,521
    Hours/week
    5 + 40 related

    Schedule J breakdown matched by us

    Base
    not reported + $7,000,000 related
    Bonus
    not reported + $4,003,000 related
    Other
    not reported + $84,104 related
    Deferred
    not reported
    Nontaxable benefits
    not reported + $30,521 related
    Filer's total
    not reported + $11,117,625 related

  • RICHARD GOTHAM

    Exec. Clerk

    Total calculated
    $3,731,704
    From this org
    $0
    From related orgs
    $3,701,183
    Other
    $30,521
    Hours/week
    5 + 40 related

    Schedule J breakdown matched by us

    Base
    not reported + $2,926,000 related
    Bonus
    not reported + $649,000 related
    Other
    not reported + $126,183 related
    Deferred
    not reported
    Nontaxable benefits
    not reported + $30,521 related
    Filer's total
    not reported + $3,731,704 related

  • WILLIAM REISSFELDER

    Treasurer

    Total calculated
    $1,384,065
    From this org
    $0
    From related orgs
    $1,351,545
    Other
    $32,520
    Hours/week
    5 + 40 related

    Schedule J breakdown matched by us

    Base
    not reported + $806,000 related
    Bonus
    not reported + $427,000 related
    Other
    not reported + $118,545 related
    Deferred
    not reported
    Nontaxable benefits
    not reported + $32,520 related
    Filer's total
    not reported + $1,384,065 related

  • STEPHEN PAGLIUCA

    President & Dir

    Total calculated
    $0
    Hours/week
    5

  • H IRVING GROUSBECK

    Director

    Total calculated
    $0
    Hours/week
    1

  • ROBERT EPSTEIN

    Director

    Total calculated
    $0
    Hours/week
    1

  • PAUL EDGERLEY

    Director

    Total calculated
    $0
    Hours/week
    0

  • GLENN HUTCHINS

    Director

    Total calculated
    $0
    Hours/week
    1

  • DOMENIC FERRANTE

    Director

    Total calculated
    $0
    Hours/week
    1

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

  • 4b · Supplemental nonqualified retirement plan

Answered no

  • 4a · Severance or change-of-control payment
  • 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

The 10 largest by cash amount. The API serves every itemized grant.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

  • Banner Seventeen LLC

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Related partnerships

Part III: related organizations taxable as a partnership, with the filer's share.

  • Banner Seventeen LLC

    Spectator Sport · DE · 100% owned · general or managing partner

    Directly controlled by Yes

Provenance

Return type
form_990
Tax year
2024
Filed
14 November 2025
IRS schema version
2024v5.2
Source object
202523189349306837

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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