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National Basketball Association Foundation

New York, NY · EIN 85-3122376 · 501(c)(3) · Publicly supported organization (170(b)(1)(A)(vi))
Latest filing: Form 990 for the fiscal year ending June 30, 2025 (tax year 2024) · View the filing · Correct or respond

National Basketball Association Foundation reported $33.5 million in revenue and $25.1 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $93.43 went to program services, $6.57 to management and general costs and $0.00 to fundraising. Its largest source of revenue was contributions and grants: 96.9% of the total. The highest compensation it reported for one person was $318,847 (OPERATIONS LEAD). 7 people received more than $100,000 in reportable compensation. Revenue rose 8% between FY2021 and FY2025. Source: Form 990, FY2025.

Where $100 of spending went

The fiscal year ending June 30, 2025 · Form 990, Part IX, line 25 · total expenses $25M

For context, the median across 479 covered community improvement & capacity building charities: $90.45 programs, $9.31 management, $0.24 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

The fiscal year ending June 30, 2025 · Form 990, Part VIII · total revenue $33M

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

FY2025 filing. Median across 479 covered charities in this category, from their latest filings.
MeasureFY2025Median
Program services
Part IX 25(B) ÷ 25(A)
93.4%89.1%
Management & general
Part IX 25(C) ÷ 25(A)
6.6%9.2%
Fundraising
Part IX 25(D) ÷ 25(A)
0.0%0.2%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.00$0.00
Contributions & grants share of revenue
Part VIII 1h ÷ 12
96.9%80.1%
Government grants share of revenue
Part VIII 1e ÷ 12
0.0%14.9%
Program service revenue share
Part VIII 2g ÷ 12
0.0%11.9%
Highest reported compensation
Part VII-A, columns D–F
$318,847$291,103
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
1.27%1.49%
People paid over $100,000
Part VII, line 2
75
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
4.29.2
Independent voting board members
Part VI 1a–1b
8 of 8100.0%

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

FY2025 · Form 990, Part III · the three largest programs by expense
$23M expenses · 100.0% of program spending · grants $20M

To provide assistance through economic empowerment in under-resourced communities through employment and career advancement opportunities

Highest reported compensation

FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
OPERATIONS LEAD
Highest compensated employee, 40.00 hrs/week
$288,940$0$29,907$318,847
EXECUTIVE DIRECTOR - UNTIL 5/1/24
Former, 0.00 hrs/week
$206,739$0$16,853$223,592
HEAD OF PARTNERSHIPS
Highest compensated employee, 40.00 hrs/week
$163,488$0$44,402$207,890
EXECUTIVE ADMINISTRATOR
Highest compensated employee, 40.00 hrs/week
$143,358$0$36,680$180,038
PROGRAM AND GRANTS LEAD
Highest compensated employee, 40.00 hrs/week
$168,454$0$4,713$173,167
PROGRAM AND GRANTS MANAGER
Highest compensated employee, 40.00 hrs/week
$122,455$0$16,329$138,784
EXECUTIVE DIRECTOR - FROM 10/29/24
Officer, 40.00 hrs/week
$110,536$0$83$110,619

7 people received more than $100,000 in reportable compensation from National Basketball Association Foundation (Part VII, line 2). Compensation of current officers, directors and key employees totaled $300K (Part IX, line 5).

5 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$20M$40M$60M$80MFY2021FY2022FY2023FY2024FY2025$33M$25M
FilingRevenueExpensesProgramsNet assetsTop pay
FY2025 ⓘ$33M$25M93.4%$8.8M$318,847
FY2024 ⓘ$33M$49M98.1%$441K$737,694
FY2023 ⓘ$34M$44M98.9%$17M$715,789
FY2022 ⓘ$31M$29M98.4%$28M$694,444
FY2021 ⓘ$31M$5.4M98.0%$26M—

Governance answers, as filed

FY2025 · 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–1b8 · 8 independent
  • Audited financial statements Part XII 2bYes
  • Conflict-of-interest policy Part VI 12aYes
  • Whistleblower policy Part VI 13No
  • Document retention policy Part VI 14No
  • 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 2No
  • 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 14bYes
  • Employees Part I, line 58
  • Volunteers Part I, line 612

Private foundation grants it received

1 private foundation reported grants to National Basketball Association Foundation totaling $1.0M 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 National Basketball Association 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 National Basketball Association Foundation, you can publish a response that is linked from this page.

Similar-sized charities in this cause

All community improvement & capacity building charities · Largest charities in New York

Questions people ask

How much of National Basketball Association Foundation's spending goes to programs?

In the fiscal year ending June 30, 2025, National Basketball Association Foundation reported that 93.4% of its $25.1 million in expenses went to program services, 6.6% to management and general and 0.0% to fundraising (Form 990, Part IX).

How much does National Basketball Association Foundation pay its top executive?

The largest total compensation National Basketball Association Foundation reported for one person in the fiscal year ending June 30, 2025 was $318,847, for the role of OPERATIONS LEAD (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does National Basketball Association Foundation get its money?

Of $33.5 million in revenue in the fiscal year ending June 30, 2025, 96.9% came from contributions and grants and 0.0% from program service revenue (Form 990, Part VIII).

Is National Basketball Association Foundation a registered charity?

The IRS lists EIN 85-3122376 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 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

  • FY2025: Form 990 for the fiscal year ending June 30, 2025, object 202601349349304015 · read the filing · XML
  • FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202531339349307483 · read the filing
  • FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202441359349311829 · read the filing
  • FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202321359349308862 · read the filing
  • FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202211369349307366 · read the filing

All filings for EIN 85-3122376: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.