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The Red Sox Foundation Inc.

 4 Yawkey Way
 Boston, MA 02215
[P] (617) 226-6440
[F] (617) 226-6760
www.redsoxfoundation.org
[email protected]
Gena Borson
Twitter
INCORPORATED: 2002
 Printable Profile (Summary / Full)
EIN 33-1007984

LAST UPDATED: 07/13/2015
Organization DBA --
Former Names --
Organization received a competitive grant from the Boston Foundation in the past five years No

Summary

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Mission StatementMORE »

The official team charity of the Boston Red Sox, the Red Sox Foundation’s work is committed to using the passion fans have for this team to strengthen programs for at-risk children and families in our community. Our cornerstone charitable programs and initiatives include the Red Sox Scholars Program, RBI/Rookie Youth Baseball and Softball programs, New England Red Sox Service Scholarships, Massachusetts Little League Initiative, The Dimock Center in Roxbury, Red Sox Foundation and Massachusetts General Hospital Home Base Program and support for The Jimmy Fund.

Mission Statement

The official team charity of the Boston Red Sox, the Red Sox Foundation’s work is committed to using the passion fans have for this team to strengthen programs for at-risk children and families in our community. Our cornerstone charitable programs and initiatives include the Red Sox Scholars Program, RBI/Rookie Youth Baseball and Softball programs, New England Red Sox Service Scholarships, Massachusetts Little League Initiative, The Dimock Center in Roxbury, Red Sox Foundation and Massachusetts General Hospital Home Base Program and support for The Jimmy Fund.


FinancialsMORE »

Fiscal Year Jan 01, 2015 to Dec 31, 2015
Projected Income $7,100,000.00
Projected Expense $6,900,000.00

ProgramsMORE »

  • Massachusetts Little League Initiative
  • New England Red Sox Service Scholarships
  • Other Programs
  • RBI and Rookie League Youth Baseball/Softball
  • Red Sox Scholars

Revenue vs. Expense ($000s)

Expense Breakdown 2013 (%)

Expense Breakdown 2012 (%)

Expense Breakdown 2011 (%)

For more details regarding the organization's financial information, select the financial tab and review available comments.


Overview

Mission Statement

The official team charity of the Boston Red Sox, the Red Sox Foundation’s work is committed to using the passion fans have for this team to strengthen programs for at-risk children and families in our community. Our cornerstone charitable programs and initiatives include the Red Sox Scholars Program, RBI/Rookie Youth Baseball and Softball programs, New England Red Sox Service Scholarships, Massachusetts Little League Initiative, The Dimock Center in Roxbury, Red Sox Foundation and Massachusetts General Hospital Home Base Program and support for The Jimmy Fund.


Background Statement

The official team charity of the Boston Red Sox, the Red Sox Foundation has distributed over $75 million to support programs serving children and families across New England since 2002. The Foundation’s efforts are primarily focused on five cornerstone programs: the Red Sox Scholars Program, which provides tutoring, mentoring, enrichment programs and a college scholarship to academically talented but economically disadvantaged Boston public school students; the Red Sox Foundation's RBI and Rookie League youth baseball and softball programs serving more than 2,000 inner city teens each summer; the Red Sox Foundation and Massachusetts General Hospital Home Base Program for veterans returning from Iraq and Afghanistan with combat stress and traumatic brain injury; The Dimock Center in Roxbury, serving more than 80,000 low-income families in Boston’s most disadvantaged neighborhoods; and The Jimmy Fund, supporting breakthrough cancer research at the Dana-Farber Cancer Institute.

A 501(c)(3) nonprofit, the Red Sox Foundation raises funds through special events, corporate sponsorships, and grants. Founded and initially funded by Red Sox Principal Owner John Henry, Chairman Tom Werner, President/CEO Larry Lucchino and their partners, the Red Sox Foundation has won numerous awards for the impact of its innovative programs. In 2010, the Foundation’s Red Sox Scholars program was recognized by Major League Baseball with the first-ever “MLB Commissioner’s Award for Philanthropic Excellence.” In 2009, the Red Sox Foundation was honored by the Robert Wood Johnson Foundation and the Sports Philanthropy Project with the Patterson Award as the nation’s “Best Team Charity in Sports.” For more information about the foundation, visit redsoxfoundation.org.


Impact Statement

In 2014, the Red Sox Foundation was proud to accomplish the following:

1. Since 2002, the Red Sox Foundation has awarded more than $75 million in grants and funding to charitable programs and operations in the communities we serve. This includes more than $3 million in support for the Red Sox Scholars Program, which was created in 2003, and more than $4.6 million for children's athletic programs including RBI/Rookie Leagues, Lindos Suenos, Japan Exchange, and Massachusetts Little League.

 
2. The Red Sox Foundation was extremely proud to honor its first class of college graduates from the Red Sox Scholars Program. With the newest class of Scholars selected in 2015, the Foundation has served 250 inner-city students from Boston Public Schools and Boston Public High Schools.
3. In celebrating Little League's 75th Anniversary, the Red Sox Foundation was proud to sponsor Massachusetts leagues, which serve more than 67,500 children and offer boys and girls, aged 5 to 18, the opportunity to participate in baseball and softball regardless of their abilities.
 
In 2015, the Red Sox Foundation looks forward to:
 
1. Continuing to support thousands of charitable organizations helping children and families across New England (In 2014, the Red Sox Foundation supported 4,900 accredited New England non-profits.);
 
2. Increasing revenue by $100,000 for Red Sox Scholars and RBI/Rookie League programs so we can further enhance and strengthen our cornerstone programs for inner-city youth in Boston;
 
3. And, conducting an internal review of the Red Sox Scholars program, which is entering its thirteenth year. As part of this review, our goal is to hire a Red Sox Foundation Fellow, a 2-year position as part of the pilot program, which is targeted at increasing the support services that we provide to our post-high school Red Sox Scholars.

Needs Statement

The organization's top 5 most pressing needs includes, but is not limited to the following.

From a staffing perspective:
1. The creation of a Red Sox Foundation Fellow position to enhance and strengthen services for post-high school aged Red Sox Scholars, to not only help them to but also through college;
2. And, the creation of a development position to increase the presence of the Red Sox Foundation.
 
From a financial perspective: 
3. The Red Sox Foundation does not have an endowment and therefore must continue to brainstorm new ways to fundraise for its programs. One of the challenges is coming up with new and innovative ways to engage fans, spread awareness, and raise monies for our programs.
 
From a program perspective:
4. Red Sox Scholars: As this program grows and more Scholars become college-aged (150 in 2015), there is a pressing need to expand services for post-high school aged Scholars. This is part of a larger pilot program in which we are conducting an internal review of the program. 
5.  RBI/Rookie Leagues: The Red Sox Foundation is currently looking to implement a lifeskills day, in which RBI and Rookie players attend a variety of workshops. While our volunteer coaches provide a wealth of knowledge and lessons each day, we would like to support them in a more concrete way.

CEO Statement

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Board Chair Statement

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Geographic Area Served

GREATER BOSTON REGION, MA

The official team charity of the Boston Red Sox, the Red Sox Foundation’s work is committed to using the passion fans have for this team to strengthen programs for at-risk children and families in New England.

Organization Categories

  1. Education - Scholarships & Student Financial Aid
  2. Recreation & Sports - Baseball & Softball
  3. -

Independent research has been conducted on this organization's theory of change or on the effectiveness of this organization's program(s)

No

Programs

Massachusetts Little League Initiative

In celebrating Little League's 75th Anniversary, the Red Sox Foundation sponsored Massachusetts leagues, which serve more than 67,500 children. Little League offers boys and girls between ages 5 and 18 the opportunity to participate in baseball and softball, regardless of their athletic abilities.
Budget  --
Category  Recreation & Sports, General/Other
Population Served Children Only (5 - 14 years)
Program Short-Term Success  To help accomplish this important goal of youth participation and exposure in baseball and softball, the Red Sox Foundation strives to support as many Massachusetts Little Leagues as possible. In 2014, the Red Sox Foundation was able to sponsor over 130 teams. Our goal is to increase this number in 2015, and expand to other New England states in the future.
Program Long-Term Success  The long-term goal of the Massachusetts Little League Initiative is to expand to each of the New England states. We strive to support the important work that Little League does for our youth, thereby encouraging more youth to play baseball and softball.
Program Success Monitored By  --
Examples of Program Success  Through this new initiative, the Red Sox Foundation was able to sponsor over 130 Massachusetts Little League teams, honor a volunteer coach of the year, and help sponsor the Massachusetts Little League State Tournament. We are honored to work with the Massachusetts Little League and use the megaphone of the Red Sox to help encourage youngsters to play baseball and softball at an early age.

New England Red Sox Service Scholarships

Beyond the Red Sox Scholars program in Boston, the Red Sox Foundation will award 120 college scholarships to high school seniors throughout New England in 2015. Recipients will each receive $1,000 in recognition of their community service. The program has grown from 10 scholarships in New Hampshire in 2010, to 25 in 2011, to 35 in 2012 when it also added 10 in Rhode Island. In 2013, 55 scholarships -- to 35 students in New Hampshire and 20 in Rhode Island -- were awarded, bringing the total number honored to 135. In 2014, 95 recipients were awarded, including 40 from New Hampshire, 25 from Rhode Island, and 10 each from Connecticut, Maine, and Vermont. In 2015, the Red Sox Foundation will honor a total of 120 recipients, including 45 from New Hampshire, 30 from Rhode Island, and 15 each from Connecticut, Maine, and Vermont.
Budget  --
Category  Education, General/Other
Population Served College Aged (18-26 years)
Program Short-Term Success  To accomplish the long-term goal, the Red Sox Foundation continues to seek out funders for this unique program and add high schools in each state every year. The program began with 10 high schools in 2010 and will award students at 120 high schools in 2015 across New Hampshire, Rhode Island, Connecticut, Maine, and Vermont!
Program Long-Term Success  The long-term goal of the New England Red Sox Service Scholarship program is to reach all public high schools in New Hampshire, Rhode Island, Connecticut, Maine, and Vermont. We hope to honor one (1) graduating high school senior each year in these schools in order to showcase the important community work our youth across New England are doing.
Program Success Monitored By  --
Examples of Program Success  Since 2010, the Red Sox Foundation has awarded a $1,000 college scholarship to 350 students, who have demonstrated academic talent and a commitment to community service, across New England.

Other Programs

In addition, the Red Sox Foundation also organizes and coordinates the Run to Home Base, an annual fundraiser for the Red Sox Foundation and Massachusetts General Hospital Home Base Program for veterans returning from Iraq and Afghanistan with combat stress and traumatic brain injury. The Red Sox Foundation's Run to Home Base 9K has raised $13 million of the $15 million that the Foundation has donated for research and treatment for these "invisible wounds of war." The program provides our veterans and their families with a most welcome touch of home.
 
In addition, the Red Sox Foundation provides support to The Dimock Center in Roxbury, serving more than 80,000 low-income families in Boston's most disadvantaged neighborhoods; and The Jimmy Fund, supporting breakthrough cancer research at the Dana-Farber Cancer Institute.
Budget  --
Category  None of the above
Population Served Veterans Families People/Families of People with Cancer
Program Short-Term Success  Please visit www.redsoxfoundation.org for more information on these programs.
Program Long-Term Success  Please visit www.redsoxfoundation.org for more information on these programs.
Program Success Monitored By  --
Examples of Program Success  Please visit www.redsoxfoundation.org for more information on these programs.

RBI and Rookie League Youth Baseball/Softball

Serving inner-city children and teens, the RBI & Rookie League programs use baseball and softball as a vehicle to help youngsters learn valuable life lessons including respect for others, teamwork, personal responsibility, healthy choices, nonviolent conflict resolution, good nutrition, among others. The Red Sox Foundation RBI program serves over 700 inner-city and at-risk Boston youth, ages 9 to 18 each year, while the Rookie League program introduces baseball and softball to some 1,000 youngsters, ages 5 to 12.
Budget  --
Category  Recreation & Sports, General/Other
Population Served Children Only (5 - 14 years) Adolescents Only (13-19 years)
Program Short-Term Success 
To help achieve our long-term success goals, the Red Sox Foundation focuses on helping volunteer coaches, who work most closely with our players, to foster a positive, safe environment. We offer trainings for our coaches and are in the process of developing a more robust lifeskills workshop for our players, too. We believe the small day-to-day habits that volunteer coaches teach our players will help them develop into responsible community members.
 
Our goal is to therefore offer at least 1 training and 1 lifeskill workshop for our coaches and players, respectively, per year to facilitate the development of these skills. We also aim for 100% games to be played per season in order to ensure the coaches and players are present on the field and fully taking advantage of the opportunities we are affording them. In addition, we provide all of our RBI & Rookie teams with uniforms. For RBI, we all provide teams with equipment and pay umpire fees.
Program Long-Term Success  The long-term goal of the RBI & Rookie Youth Baseball & Softball Leagues is to increase participation in baseball and softball across Boston, encourage school attendance and achievement, and develop self-esteem, life skills and instill the value of teamwork to at-risk youth.
Program Success Monitored By  --
Examples of Program Success  The RBI & Rookie Youth Baseball & Softball Leagues collectively serve approximately 2,000 inner-city children and youth each year. We are proud to offer these free leagues to youth, aged 5-18, to supply our RBI & Rookie teams with uniforms, and all RBI teams with equipment and umpires free-of-charge. In 2015, we look forward to building a more robust lifeskills workshop to support the important work our volunteer coaches are doing on the field, off the field.

Red Sox Scholars

The Red Sox Scholars is a scholarship program run by the Red Sox Foundation, which provides mentoring, college access progamming, and extraordinary experiences on and off the baseball field. With the most recent class selected in 2015, there are currently 250 Red Sox Scholars in the program ranging in age from 7th grade through college graduates. In addition, each Scholar receives a scholarship up to $10,000 upon graduation from high school.
Budget  $290,000.00
Category  Education, General/Other
Population Served Adolescents Only (13-19 years) College Aged (18-26 years)
Program Short-Term Success 
We are looking to accomplish the following in the short-term:

(1) Number of Additional Scholarships - It's our goal to help Scholars find other scholarships to supplement and finance their education in addition to our scholarship. Goal: To establish three new scholarship partnerships with other foundations or area colleges/universities in 2015.
(2) College Graduation Rate - The inaugural Scholars class graduated from college in 2014. Of the 25 Scholars in this class, 9 graduated and 9 will graduate by 2017.* We're proud to honor our graduates and look forward to higher graduation rates with the addition of a Fellow. Goal: To increase the graduation rate by 25% for the classes of 2004 and 2005.
*The remaining 7 Scholars are completing their GED, attending vocational school, or working.
(3) Post-College Job Rate - The Fellow will connect Scholars with job opportunities post-college. Goal: For 100% of college graduates to secure a full-time job within 6 months of graduating.
(4) Number of Active Alumni - The Fellow will be responsible for building a solid alumni network. "Active Alumni" means Scholars a) graduated college, and b) agree to share contact information to help Scholars network and find jobs. Goal: For 100% of college graduates to be "Active Alumni" in 2015.  
Program Long-Term Success  Ideally,the Red Sox Scholars program aims for 100% high school and college graduation rates for our Scholars with the ultimate goal of helping all of our Scholars to be responsible and active community members who will make a positive impression. We realize, however, that college may not be the best fit for everyone and do our best to help these particular Scholars succeed via vocational or trade schools. 
Program Success Monitored By  --
Examples of Program Success  With the newest class selected to the Red Sox Scholars Program in 2015, the Red Sox Foundation has provided scholarships, programming, and resources to 250 students from Boston Public Schools and Boston Public Charter Schools.

CEO/Executive Director/Board Comments


Management


CEO/Executive Director Mr. Tom Werner
CEO Term Start Jan 2002
CEO Email [email protected]
CEO Experience
Boston Red Sox Chairman (Current)
Red Sox Foundation Board Chairman (Current)
Co-CEO Ms. Gena Borson
Co-CEO Term Start --
Co-CEO Email [email protected]
Co-CEO Experience Red Sox Foundation Executive Director (Current)

Former CEOs and Terms

Name Start End
Ms. Meg Vaillancourt Jan 2002 Dec 2012

Senior Staff

Name Title Experience/Biography
-- -- --

Awards

Award Awarding Organization Year
-- -- --

Affiliations

Affiliation Year
-- --
Member of state association of nonprofits? No
Name of state association --

External Assessments and Accreditations

External Assessment or Accreditation Year
-- --

Collaborations

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CEO/Executive Director/Board Comments

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Foundation Comments

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Staff Information

Number of Full Time Staff 8
Number of Part Time Staff 2
Number of Volunteers 500
Number of Contract Staff 0
Staff Retention Rate % --

Staff Demographics

Ethnicity African American/Black: 1
Asian American/Pacific Islander: 1
Caucasian: 5
Hispanic/Latino: 1
Native American/American Indian: 0
Other: 0
Other (if specified): --
Gender Female: 5
Male: 3
Not Specified 0

Plans & Policies

Organization has Fundraising Plan? Under Development
Organization has Strategic Plan? Under Development
Years Strategic Plan Considers --
Management Succession Plan --
Business Continuity of Operations Plan --
Organization Policies And Procedures Yes
Nondiscrimination Policy Yes
Whistle Blower Policy Yes
Document Destruction Policy Yes
Directors and Officers Insurance Policy --
State Charitable Solicitations Permit --
State Registration --

Risk Management Provisions

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Reporting and Evaluations

Management Reports to Board? Yes
CEO Formal Evaluation and Frequency Yes Annually
Senior Management Formal Evaluation and Frequency Yes Annually
Non Management Formal Evaluation and Frequency Yes Annually

Governance


Board Chair Mr. Tom Werner
Board Chair Company Affiliation Boston Red Sox
Board Chair Term Jan 2002 -
Board Co-Chair --
Board Co-Chair Company Affiliation --
Board Co-Chair Term -

Board Members

Name Company Affiliations Status
Ms. Joan Alfond Red Sox Foundation Board Member --
Mr. Michael Egan Red Sox Foundation Board Member --
Mr. David Friedman Red Sox Foundation Board Member --
Mr. Chad Gifford Red Sox Foundation Board Member --
Mr. Michael Gordon Red Sox Foundation Board Member --
Mr. Larry Lucchino Red Sox Foundation Board Member --
Mr. Sean McGrail Red Sox Foundation Board Member --
Ms. Linda Pizzuti Henry Red Sox Foundation Board Member --
Ms. Charlotte Wagner Red Sox Foundation Board Member --
Mr. Tom Werner Red Sox Foundation Board Chairman --
Ms. Linda Whitlock Red Sox Foundation Board Member --

Constituent Board Members

Name Company Affiliations Status
-- -- --

Youth Board Members

Name Company Affiliations Status
-- -- --

Advisory Board Members

Name Company Affiliations Status
-- -- --

Board Demographics

Ethnicity African American/Black: 1
Asian American/Pacific Islander: 0
Caucasian: 10
Hispanic/Latino: 0
Native American/American Indian: 0
Other: 0
Other (if specified): --
Gender Female: 4
Male: 7
Not Specified 0

Board Information

Board Term Lengths --
Board Term Limits --
Board Meeting Attendance % --
Written Board Selection Criteria Under Development
Written Conflict Of Interest Policy Yes
Percentage of Monetary Contributions 50%
Percentage of In-Kind Contributions --
Constituency Includes Client Representation No

Standing Committees

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CEO/Executive Director/Board Comments

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Foundation Comments

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Financials


Revenue vs. Expense ($000s)

Expense Breakdown 2013 (%)

Expense Breakdown 2012 (%)

Expense Breakdown 2011 (%)

Prior Three Years Total Revenue and Expense Totals

Fiscal Year 2013 2012 2011
Total Revenue $7,684,271 $7,146,688 $9,630,372
Total Expenses $7,385,076 $8,403,976 $6,329,704

Prior Three Years Revenue Sources

Fiscal Year 2013 2012 2011
Foundation and
Corporation Contributions
-- -- --
Government Contributions $0 $0 $0
    Federal -- -- --
    State -- -- --
    Local -- -- --
    Unspecified -- -- --
Individual Contributions $2,906,024 $2,895,508 $2,802,424
Indirect Public Support -- -- --
Earned Revenue -- -- --
Investment Income, Net of Losses $36,602 $29,837 $-30,114
Membership Dues -- -- --
Special Events $3,678,172 $3,525,599 $5,970,798
Revenue In-Kind -- -- --
Other $1,063,473 $695,744 $887,264

Prior Three Years Expense Allocations

Fiscal Year 2013 2012 2011
Program Expense $6,482,511 $7,527,409 $5,735,376
Administration Expense $629,679 $380,349 $259,640
Fundraising Expense $272,886 $496,218 $334,688
Payments to Affiliates -- -- --
Total Revenue/Total Expenses 1.04 0.85 1.52
Program Expense/Total Expenses 88% 90% 91%
Fundraising Expense/Contributed Revenue 4% 8% 4%

Prior Three Years Assets and Liabilities

Fiscal Year 2013 2012 2011
Total Assets $10,551,954 $10,095,193 $11,120,237
Current Assets $5,433,668 $5,325,221 $9,748,519
Long-Term Liabilities $0 $0 $0
Current Liabilities $2,799,458 $2,724,141 $2,572,460
Total Net Assets $7,752,496 $7,371,052 $8,547,777

Prior Three Years Top Three Funding Sources

Fiscal Year 2013 2012 2011
1st (Source and Amount) -- --
-- --
-- --
2nd (Source and Amount) -- --
-- --
-- --
3rd (Source and Amount) -- --
-- --
-- --

Financial Planning

Endowment Value --
Spending Policy --
Percentage(If selected) --
Credit Line No
Reserve Fund No
How many months does reserve cover? --

Capital Campaign

Are you currently in a Capital Campaign? No
Capital Campaign Purpose --
Campaign Goal --
Capital Campaign Dates -
Capital Campaign Raised-to-Date Amount --
Capital Campaign Anticipated in Next 5 Years? --

Short Term Solvency

Fiscal Year 2013 2012 2011
Current Ratio: Current Assets/Current Liabilities 1.94 1.95 3.79

Long Term Solvency

Fiscal Year 2013 2012 2011
Long-term Liabilities/Total Assets 0% 0% 0%

CEO/Executive Director/Board Comments

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Foundation Comments

Financial summary data in the charts and graphs above are per the organization's IRS Form 990s. Contributions from foundations and corporations are listed under individuals when the breakout was not available.

Documents


Other Documents

No Other Documents currently available.

Impact

The Impact tab is a section on the Giving Common added in October 2013; as such the majority of nonprofits have not yet had the chance to complete this voluntary section. The purpose of the Impact section is to ask five deceptively simple questions that require reflection and promote communication about what really matters – results. The goal is to encourage strategic thinking about how a nonprofit will achieve its goals. The following Impact questions are being completed by nonprofits slowly, thoughtfully and at the right time for their respective organizations to ensure the most accurate information possible.


1. What is your organization aiming to accomplish?

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2. What are your strategies for making this happen?

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3. What are your organization’s capabilities for doing this?

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4. How will your organization know if you are making progress?

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5. What have and haven’t you accomplished so far?

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