TY 2023 Form 990 Schedule O

efile Public Visual Render ObjectId: 202433189349309943 - Submission: 2024-11-13 TIN: 94-3398566

SCHEDULE O
(Form 990)

Department of the Treasury
Internal Revenue Service

Supplemental Information to Form 990 or 990-EZ

Complete to provide information for responses to specific questions on
Form 990 or 990-EZ or to provide any additional information.
Attach to Form 990 or 990-EZ.
Go to www.irs.gov/Form990 for the latest information.

OMB No. 1545-0047

2023

Open to Public
Inspection

Name of the organization

Major League Baseball Youth Foundation

Employer identification number

94-3398566

Return Reference	Explanation
Form 990, Part VI, Line 15 Line 15a and Line 15b	THE COMPENSATION OF ALL YOUTH FOUNDATION EMPLOYEES IS REVIEWED AND APPROVED BY MANAGEMENT OF THE OFFICE OF THE COMMISSIONER OF BASEBALL.
Form 990, Part VI, Line 6 Classes of members or stockholders	THE SOLE MEMBER OF THE YOUTH FOUNDATION IS THE OFFICE OF THE COMMISSIONER OF BASEBALL, WHICH IS A RELATED ENTITY.
Form 990, Part VI, Line 7a Members or stockholders electing members of governing body	MAJOR LEAGUE BASEBALL YOUTH FOUNDATION HAS A SINGLE MEMBER, THE OFFICE OF THE COMMISSIONER OF BASEBALL (BOC). THE OFFICE OF THE COMMISSIONER OF BASEBALL SHALL HAVE THE RIGHT TO VOTE, AS SET FORTH IN THE BYLAWS, ON THE ELECTION OF DIRECTORS, ON THE DISPOSITION OF ALL OR SUBSTANTIALLY ALL OF MAJOR LEAGUE BASEBALL YOUTH FOUNDATION'S ASSETS, ON ANY MERGER AND ITS PRINCIPAL TERMS AND ANY AMENDMENT OF THOSE TERMS, AND ON ANY ELECTION TO DISSOLVE MAJOR LEAGUE BASEBALL YOUTH FOUNDATION. IN ADDITION, THE OFFICE OF THE COMMISSIONER OF BASEBALL HAS ALL RIGHTS AFFORDED TO MEMBERS UNDER SECTION 5056 OF THE CALIFORNIA NONPROFIT CORPORATION LAW.
Form 990, Part VI, Line 7b Decisions requiring approval by members or stockholders	see Part VI, Line 7a narrative above.
Form 990, Part VI, Line 11b Review of form 990 by governing body	THE FORM 990 IS PREPARED BY AN OUTSIDE ACCOUNTING FIRM. THE FORM 990 IS THEN REVIEWED BY THE SVP, Controller OF THE OFFICE OF THE COMMISSIONER OF BASEBALL AS WELL AS THE SIGNING OFFICER OF THE YOUTH FOUNDATION. THE FORM 990 IS THEN CIRCULATED TO THE BOARD MEMBERS FOR THEIR REVIEW PRIOR TO FILING.
Form 990, Part VI, Line 19 Required documents available to the public	THE ORGANIZATION PROVIDES COPIES OF ITS FORM 990 UPON REQUEST. EXTERNAL REQUESTS FOR GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE REVIEWED FOR VALIDITY. THESE REQUESTS ARE THEN GRANTED IF DEEMED APPROPRIATE.
Form 990, Part XI, Line 9 Other changes in net assets or fund balances	GAIN ON PENSION BENEFITS NOT IMMEDIATELY RECOGNIZED - 157624;

Return Reference

Explanation

Form 990, Part VI, Line 15 Line 15a and Line 15b

THE COMPENSATION OF ALL YOUTH FOUNDATION EMPLOYEES IS REVIEWED AND APPROVED BY MANAGEMENT OF THE OFFICE OF THE COMMISSIONER OF BASEBALL.

Form 990, Part VI, Line 6 Classes of members or stockholders

THE SOLE MEMBER OF THE YOUTH FOUNDATION IS THE OFFICE OF THE COMMISSIONER OF BASEBALL, WHICH IS A RELATED ENTITY.

Form 990, Part VI, Line 7a Members or stockholders electing members of governing body

MAJOR LEAGUE BASEBALL YOUTH FOUNDATION HAS A SINGLE MEMBER, THE OFFICE OF THE COMMISSIONER OF BASEBALL (BOC). THE OFFICE OF THE COMMISSIONER OF BASEBALL SHALL HAVE THE RIGHT TO VOTE, AS SET FORTH IN THE BYLAWS, ON THE ELECTION OF DIRECTORS, ON THE DISPOSITION OF ALL OR SUBSTANTIALLY ALL OF MAJOR LEAGUE BASEBALL YOUTH FOUNDATION'S ASSETS, ON ANY MERGER AND ITS PRINCIPAL TERMS AND ANY AMENDMENT OF THOSE TERMS, AND ON ANY ELECTION TO DISSOLVE MAJOR LEAGUE BASEBALL YOUTH FOUNDATION. IN ADDITION, THE OFFICE OF THE COMMISSIONER OF BASEBALL HAS ALL RIGHTS AFFORDED TO MEMBERS UNDER SECTION 5056 OF THE CALIFORNIA NONPROFIT CORPORATION LAW.

Form 990, Part VI, Line 7b Decisions requiring approval by members or stockholders

see Part VI, Line 7a narrative above.

Form 990, Part VI, Line 11b Review of form 990 by governing body

THE FORM 990 IS PREPARED BY AN OUTSIDE ACCOUNTING FIRM. THE FORM 990 IS THEN REVIEWED BY THE SVP, Controller OF THE OFFICE OF THE COMMISSIONER OF BASEBALL AS WELL AS THE SIGNING OFFICER OF THE YOUTH FOUNDATION. THE FORM 990 IS THEN CIRCULATED TO THE BOARD MEMBERS FOR THEIR REVIEW PRIOR TO FILING.

Form 990, Part VI, Line 19 Required documents available to the public

THE ORGANIZATION PROVIDES COPIES OF ITS FORM 990 UPON REQUEST. EXTERNAL REQUESTS FOR GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE REVIEWED FOR VALIDITY. THESE REQUESTS ARE THEN GRANTED IF DEEMED APPROPRIATE.

Form 990, Part XI, Line 9 Other changes in net assets or fund balances

GAIN ON PENSION BENEFITS NOT IMMEDIATELY RECOGNIZED - 157624;

For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ.

Cat. No. 51056K

Schedule O (Form 990) 2023

Software ID:	23017437
Software Version:	2023v5.1