The USA Track & Field Foundation Inc.
The USA Track & Field Foundation Inc.
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About this organization
Mission
The USATF Foundation provides a means to attract and guide funds to new and innovative track and field programs with an emphasis on providing opportunities for youth athletes, emerging elite athletes, and distance training centers. The foundation depends upon donations from its board of directors, major gifts, and from generous fans of track & field. Elite athletes are supported by the foundation via monetary grants and participation in Run With US! Youth athletes are supported via monetary grants to youth clubs.
About
Elite athlete programs: contribute to the pursuit of world-class performance through grants to 70 plus athletes meeting performance, income and other criteria. Also include grant(s) to support elite athlete coaching.
Interesting data from their 2020 990 filing
The non-profit's mission, as documented in the filing, is “The usa track & field foundation provides a means to attract and guide funds to new and innovative track and field programs to promote competitive excellence and expand involvement in the sport. activities are primarily grant-making”.
When explaining its purpose, the activities were described as: “The usa track & field foundation provides a means to attract and guide funds to new and innovative track and field programs to promote competitive excellence and expand involvement in the sport. activities are primarily grant-making”.
- The non-profit is legally allowed to operate in the state of IN, as reported.
- The non-profit has a total of 3 employees, as reported on their form for 2020.
- Does not operate a hospital.
- Does not operate a school.
- Does not collect art.
- Does not provide credit counseling.
- Does not have foreign activities.
- Is not a donor advised fund.
- Is not a private foundation.
- Expenses are greater than $1,000,000.
- Revenue is greater than $1,000,000.
- Revenue less expenses is -$760,707.
- The CEO compensation strategy within the organization is determined through a review and approval process by a neutral party.
- The organization has 36 independent voting members.
- The organization was formed in 2002.
- The organization has a written policy that addresses conflicts of interest.
- The organization is required to file Schedule B.
- The organization is required to file Schedule J.
- The organization is required to file Schedule O.
- The organization pays $329,311 in salary, compensation, and benefits to its employees.
- The organization pays $211,875 in fundraising expenses.
- The organization pays grants to individuals.
- The organization has minutes of its meetings.
- The organization has grants to organizations.
- The organization's financial statements were reviewed by an accountant.
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