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The Red Sox Foundation

Boston, MA · EIN 33-1007984 · 501(c)(3) · Publicly supported organization (170(b)(1)(A)(vi))
Latest filing: Form 990 for calendar year 2024 (tax year 2024) · View the filing · Correct or respond

The Red Sox Foundation reported $12.6 million in revenue and $10.6 million in expenses for calendar year 2024. Of every $100 it spent, $88.81 went to program services, $4.35 to management and general costs and $6.84 to fundraising. Its largest source of revenue was contributions and grants: 113.1% of the total. The highest compensation it reported for one person was $955,772 (TREASURER). 4 people received more than $100,000 in reportable compensation. Revenue rose 22% between 2019 and 2024. Source: Form 990, 2024.

Where $100 of spending went

Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $11M

For context, the median across 1,001 covered philanthropy, voluntarism & grantmaking charities: $91.65 programs, $6.50 management, $1.85 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

Calendar year 2024 · Form 990, Part VIII · total revenue $13M

Other revenue was negative: −$2.2M. The bar shows the positive sources only.

The 990 scorecard · same measures for every charity, no grades

2024 filing. Median across 1,001 covered charities in this category, from their latest filings.
Measure2024Median
Program services
Part IX 25(B) ÷ 25(A)
88.8%90.2%
Management & general
Part IX 25(C) ÷ 25(A)
4.4%6.4%
Fundraising
Part IX 25(D) ÷ 25(A)
6.8%1.8%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.05$0.02
Contributions & grants share of revenue
Part VIII 1h ÷ 12
113.1%79.9%
Government grants share of revenue
Part VIII 1e ÷ 12
1.6%0.0%
Program service revenue share
Part VIII 2g ÷ 12
0.0%0.0%
Highest reported compensation
Part VII-A, columns D–F
$955,772$325,675
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
9.02%1.56%
People paid over $100,000
Part VII, line 2
43
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
26.956.6
Independent voting board members
Part VI 1a–1b
5 of 9100.0%

A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.

What the money paid for, in its own words

2024 · Form 990, Part III · the three largest programs by expense
$4.1M expenses · 43.6% of program spending · grants $2.8M

Red Sox Foundation and mgh home base program - the Red Sox Foundation and mgh home base program serve veterans returning from service with traumatic brain injury or combat stress and families. This program provides confidential clinical care for veterans, innovative treatments, support services and counseling for wounded veterans and families, community outreach and education to help others recognize these injuries and cutting edge research. In addition to grants totalling over $29 million for the program, the Red Sox Foundation also has made substantial investments in staff time and in kind…

$931K expenses · 9.9% of program spending · grants $931K

Red Sox scholars - the Red Sox scholar program provides mentoring, enrichment opportunities, and college scholarships to more than 300 academically talented low-income students selected in boston's public schools when they are in 7th grade. The scholars work with the Red Sox Foundation staff through high school. The goal is to ensure these at-risk students escape the inner city's high school dropout rate and instead graduate from high school and are prepared to attend college. The program provides each student the promise of a scholarship of $10,000-pending enrollment in an accredited college…

$461K expenses · 4.9% of program spending · grants $461K

Fenway park learning lab- the Red Sox Foundation's fenway park learning lab provides an interactive, zero-cost field trip for boston public school's 6th grades at fenway park. The field trip includes transportation to and from the school and fenway park, an informational tour that integrates with their curriculum, a backpack full of school supplies and instructional materials, and lunch. The program brings over 2000 bps 6th graders into the park each school year and provides a unique opportunity to use fenway park as a learning tool. The 90 minute tour provides rich opportunities to learn…

$3.9M all other programs (line 4d)

Highest reported compensation

2024 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
TREASURER
Officer, 5.0 hrs/week
$0$903,316$52,456$955,772
secretary/clerk
Officer, 12.0 hrs/week
$140,036$565,809$47,697$753,542
EXECUTIVE DIRECTOR
Officer, 24.0 hrs/week
$359,768$273,646$53,686$687,100
director of devt. & comms.
Highest compensated employee, 40.0 hrs/week
$143,830$0$34,149$177,979
ASST DIRECTOR OF PROGRAMS
Highest compensated employee, 40.0 hrs/week
$110,107$0$31,432$141,539

4 people received more than $100,000 in reportable compensation from The Red Sox Foundation (Part VII, line 2). Compensation of current officers, directors and key employees totaled $538K (Part IX, line 5).

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$5.0M$10M$15M$20M201920202021202220232024$13M$11M
FilingRevenueExpensesProgramsNet assetsTop pay
2024 ⓘ$13M$11M88.8%$24M$955,772
2023 ⓘ$11M$9.5M88.6%$19M$928,645
2022 ⓘ$10M$9.2M87.1%$15M$912,960
2021 ⓘ$7.5M$6.2M83.3%$16M$714,868
2020 ⓘ$5.2M$5.7M79.7%$13M$592,805
2019 ⓘ$10M$11M84.7%$13M$639,304

Governance answers, as filed

2024 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means
  • Voting board members, and how many are independent Part VI, lines 1a–1b9 · 5 independent
  • Audited financial statements Part XII 2bYes
  • Conflict-of-interest policy Part VI 12aYes
  • Whistleblower policy Part VI 13Yes
  • Document retention policy Part VI 14Yes
  • Independent process for top executive pay Part VI 15aYes
  • Board given the 990 before filing Part VI 11aNo
  • Family or business ties among insiders Part VI 2Yes
  • Aware of a significant diversion of assets Part VI 5No
  • Excess benefit transaction with an insider Part IV 25aNo
  • Loans to or from insiders outstanding Part IV 26No
  • Lobbying, or a 501(h) election in effect Part IV 4No
  • Over $15,000 of professional fundraising services Part IV 18No
  • Over $10,000 of activity outside the U.S. Part IV 14bNo
  • Employees Part I, line 556
  • Volunteers Part I, line 6900

Private foundation grants it received

37 private foundations reported grants to The Red Sox Foundation totaling $2.2M on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.

Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.

Correct a figure or respond

Every number above is copied from The Red Sox Foundation's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for The Red Sox Foundation, you can publish a response that is linked from this page.

Similar-sized charities in this cause

All philanthropy, voluntarism & grantmaking charities · Largest charities in Massachusetts

Questions people ask

How much of The Red Sox Foundation's spending goes to programs?

In calendar year 2024, The Red Sox Foundation reported that 88.8% of its $10.6 million in expenses went to program services, 4.4% to management and general and 6.8% to fundraising (Form 990, Part IX).

How much does The Red Sox Foundation pay its top executive?

The largest total compensation The Red Sox Foundation reported for one person in calendar year 2024 was $955,772, for the role of TREASURER (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does The Red Sox Foundation get its money?

Of $12.6 million in revenue in calendar year 2024, 113.1% came from contributions and grants (including 1.6% from government grants) and 0.0% from program service revenue (Form 990, Part VIII).

Is The Red Sox Foundation a registered charity?

The IRS lists EIN 33-1007984 as a 501(c)(3) organization (publicly supported organization (170(b)(1)(a)(vi))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

  • 2024: Form 990 for calendar year 2024, object 202533179349307138 · read the filing · XML
  • 2023: Form 990 for calendar year 2023, object 202413209349306381 · read the filing
  • 2022: Form 990 for calendar year 2022, object 202323189349317097 · read the filing
  • 2021: Form 990 for calendar year 2021, object 202223409349301037 · read the filing
  • 2020: Form 990 for calendar year 2020, object 202143199349317279 · read the filing
  • 2019: Form 990 for calendar year 2019, object 202023219349314357 · read the filing

All filings for EIN 33-1007984: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.