Foundation For Global Sports Development

San Francisco, CA
Tax-exempt since May 1996
EIN: 95-4560243

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Type of Nonprofit

Designated as a 501(c)(3) Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Category: Educational Institutions and Related Activities / Scholarships, Student Financial Aid Services, Awards (NTEE)

Donations to this organization are tax deductible.

Revenue

$1.65M (2024)

Expenses

$4.52M (2024)

Total Assets

$6.97M (2024)

Total Liabilities

$17.3k (2024)

Source: Form 990 tax filings from 2011 to 2024

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Dec.
2024

Revenue

$1,647,988

Expenses

$4,520,633

Net Income

-$2,872,645

Net Assets

$6,955,872

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$42,673	2.6%
Dividends	$160,365	9.7%
Sales of Assets	$1,436,886	87.2%
Other Income	$8,064	0.5%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$4,667,431	> 100%
Compensation of Officers*	$416,124	9.2%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$6,973,203
Total Liabilities	$17,331
Net Assets	$6,955,872

Compensation

Key Employees and Officers	Compensation	Other
Melanie Armenti (Asst Secretary, Asst Treasurer, Coo)	$380,000	$22,500
Isabel Cathcart (Director Of Operatio)	$247,497	$7,750
Kelly Hansen (Program Coordinator)	$100,215	$2,520
David Ulich (Director, Fmr President & Ceo)	$13,624	$0
Ariel Kelley (President, Director, Ceo)	$0	$0
Shoshana Ungerleider (Treasurer, Secretary, Director)	$0	$0
Paul Malingagio (Director)	$0	$0
Steve Baum (Director (Left 10/24))	$0	$0

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990-PF

Filed on April 10, 2025

Primary tax return for a private foundation's activities, finances, and governance

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Fiscal Year Ending Dec.
2023

Revenue

$1,585,121

Expenses

$6,001,310

Net Income

-$4,416,189

Net Assets

$10,325,684

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$50,000	3.2%
Interest Revenue	$46,240	2.9%
Dividends	$208,595	13.2%
Sales of Assets	$1,239,837	78.2%
Other Income	$40,449	2.6%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$5,901,616	98.3%
Compensation of Officers*	$308,609	5.1%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$10,660,645
Total Liabilities	$334,961
Net Assets	$10,325,684

Compensation

Key Employees and Officers	Compensation	Other
Melanie Armenti (Asst Secretary, Asst Treasurer, Coo)	$270,000	$22,375
Isabel Cathcart (Director Of Operatio)	$185,000	$9,250
Kelly Hansen (Program Coordinator)	$78,000	$3,320
David Ulich (President, Director, Ceo)	$16,234	$0
Steve Baum (Treasurer, Secretary, Director)	$0	$0
Paul Malingagio (Director)	$0	$0
Ariel Kelley (Director)	$0	$0
Shoshana Ungerleider (Director)	$0	$0

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990-PF

Filed on Nov. 13, 2024

Primary tax return for a private foundation's activities, finances, and governance

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Fiscal Year Ending Dec.
2022

Revenue

$3,201,071

Expenses

$8,474,762

Net Income

-$5,273,691

Net Assets

$14,524,451

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$49,351	1.5%
Dividends	$336,019	10.5%
Sales of Assets	$2,311,659	72.2%
Other Income	$504,042	15.7%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$9,569,446	> 100%
Compensation of Officers*	$14,400	0.2%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$15,006,101
Total Liabilities	$481,650
Net Assets	$14,524,451

Compensation

Key Employees and Officers	Compensation	Other
Melanie Armenti (Chief Operating Offi)	$360,000	$19,500
Isabel Cathcart (Director Of Operatio)	$205,000	$8,250
Megan Halicek (Director Of Programs)	$197,091	$6,796
Kelly Hansen (Program Coordinator)	$73,000	$0
Brooke Bumgardner (Vp Of Communications)	$61,718	$2,275
David Ulich (President, Director)	$14,400	$0
Dr Steven Ungerleider (Chair Of The Board, Director, Ceo)	$0	$0
Steve Baum (Treasurer, Secretary, Director)	$0	$0
Paul Malingagio (Director)	$0	$0

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990-PF

Filed on Nov. 15, 2023

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Fiscal Year Ending Dec.
2021

Revenue

$19,690,244

Expenses

$9,667,492

Net Income

$10,022,752

Net Assets

$26,305,908

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$9,971,837	50.6%
Interest Revenue	$31,301	0.2%
Dividends	$216,041	1.1%
Sales of Assets	$9,411,147	47.8%
Other Income	$59,918	0.3%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$9,558,291	98.9%
Compensation of Officers*	$14,010	0.1%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$28,471,591
Total Liabilities	$2,165,683
Net Assets	$26,305,908

Compensation

Key Employees and Officers	Compensation	Other
Melanie Armenti (Chief Operating Offi)	$340,000	$9,200
Isabel Cathcart (Director Of Operatio)	$180,000	$6,000
Brooke Bumgardner (Vp Of Communications)	$120,000	$3,600
Megan Halicek (Director Of Programs)	$115,000	$4,000
Kelly Hansen (Program Assistant)	$63,000	$2,070
David Ulich (President, Director)	$14,010	$0
Dr Steven Ungerleider (Chair Of The Board, Director, Ceo)	$0	$0
Steve Baum (Treasurer, Secretary, Director)	$0	$0

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990-PF

Filed on Nov. 14, 2022

Primary tax return for a private foundation's activities, finances, and governance

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Fiscal Year Ending Dec.
2020

Revenue

$3,083,765

Expenses

$8,188,962

Net Income

-$5,105,197

Net Assets

$21,725,334

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$2,465	0.1%
Dividends	$345,839	11.2%
Sales of Assets	$2,735,208	88.7%
Other Income	$253	0.0%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$7,969,752	97.3%
Compensation of Officers*	$13,160	0.2%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$24,237,826
Total Liabilities	$2,512,492
Net Assets	$21,725,334

Compensation

Key Employees and Officers	Compensation	Other
Melanie Armenti (Chief Operating Offi)	$320,000	$7,000
Isabel Cathcart (Director Of Operatio)	$150,000	$5,146
Brooke Bumgardner (Vp Of Communications)	$115,000	$2,938
Megan Halicek (Director Of Programs)	$106,000	$3,640
Kelly Hansen (Program Assistant)	$60,000	$2,025
David Ulich (President, Board Member)	$13,160	$0
Steven Ungerleider (Chair Of The Board, Board Member, Ceo)	$0	$0
Steve Baum (Treasurer , Secretary, Board Member)	$0	$0

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990-PF

Filed on Nov. 11, 2021

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Fiscal Year Ending Dec.
2019

Revenue

$14,853,560

Expenses

$8,663,845

Net Income

$6,189,715

Net Assets

$25,562,080

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$10,024,675	67.5%
Interest Revenue	$21,342	0.1%
Dividends	$421,569	2.8%
Sales of Assets	$3,065,208	20.6%
Other Income	$1,320,766	8.9%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$8,607,474	99.3%
Compensation of Officers*	$10,846	0.1%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$28,038,921
Total Liabilities	$2,476,841
Net Assets	$25,562,080

Compensation

Key Employees and Officers	Compensation	Other
Melanie Armenti (Chief Operating Offi)	$319,615	$18,800
Brooke Bumgardner (Vp Of Communications)	$114,327	$3,600
Isabel Cathcart (Director Of Operatio)	$105,000	$2,550
David Ulich (President, Board Member)	$10,846	$0
Steven Ungerleider (Chair Of The Board, Board Member, Ceo)	$0	$0
Steve Baum (Treasurer , Secretary, Board Member)	$0	$0

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990-PF

Filed on Nov. 13, 2020

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Fiscal Year Ending Dec.
2018

Revenue

$5,748,053

Expenses

$10,802,235

Net Income

-$5,054,182

Net Assets

$17,673,808

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$10,000	0.2%
Interest Revenue	$12,085	0.2%
Dividends	$447,905	7.8%
Sales of Assets	$5,274,668	91.8%
Other Income	$3,395	0.1%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$8,792,229	81.4%
Compensation of Officers*	$10,595	0.1%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$20,318,788
Total Liabilities	$2,644,980
Net Assets	$17,673,808

Compensation

Key Employees and Officers	Compensation	Other
Melanie Armenti (Chief Operating Offi)	$297,616	$10,000
Brooke Bumgardner (Vp Of Communications)	$100,409	$1,540
David Ulich (President, Board Member)	$10,595	$0
Steven Ungerleider (Chair Of The Board, Board Member, Ceo)	$0	$0
Steve Baum (Treasurer , Secretary, Board Member)	$0	$0

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990-PF

Filed on Nov. 14, 2019

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Fiscal Year Ending Dec.
2017

Revenue

$7,686,228

Expenses

$6,999,513

Net Income

$686,715

Net Assets

$32,203,366

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$27,500	0.4%
Interest Revenue	$0
Dividends	$416,526	5.4%
Sales of Assets	$7,199,337	93.7%
Other Income	$42,865	0.6%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$6,860,453	98.0%
Compensation of Officers*	$10,175	0.1%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$32,810,666
Total Liabilities	$607,300
Net Assets	$32,203,366

Compensation

Key Employees and Officers	Compensation	Other
Melanie Raffle (Chief Operating Offi)	$266,855	$0
Brooke Bumgardner (Vp Of Communications)	$100,409	$480
David Ulich (President, Board Member)	$10,175	$0
Steven Ungerleider (Chair Of The Board, Board Member, Ceo)	$0	$0
Steve Baum (Treasurer, Secretary, Board Member)	$0	$0

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990-PF

Filed on Nov. 14, 2018

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Fiscal Year Ending Dec.
2016

Revenue

$3,183,721

Expenses

$4,784,147

Net Income

-$1,600,426

Net Assets

$29,431,121

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$53,000	1.7%
Interest Revenue	$0
Dividends	$453,572	14.2%
Sales of Assets	$2,675,413	84.0%
Other Income	$1,736	0.1%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$4,847,865	> 100%
Compensation of Officers*	$10,540	0.2%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$30,594,254
Total Liabilities	$1,163,133
Net Assets	$29,431,121

Compensation

Key Employees and Officers	Compensation	Other
Melanie Raffle (Chief Operating Offi)	$215,000	$0
Lydia Lusk (Vp Of Communications)	$95,000	$480
David Ulich (President/Board Member)	$10,540	$0
Steven Ungerleider (Chair Of The Board/Ceo)	$0	$0
Steve Baum (Treasurer/Secretary/Board)	$0	$0

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990-PF

Filed on Nov. 14, 2017

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Fiscal Year Ending Dec.
2015

Revenue

$386,447

Expenses

$3,846,604

Net Income

-$3,460,157

Net Assets

$29,037,364

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$25,000	6.5%
Interest Revenue	$0
Dividends	$569,420	> 100%
Sales of Assets	-$209,283
Other Income	$1,310	0.3%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$3,931,024	> 100%
Compensation of Officers*	$8,874	0.2%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$30,896,546
Total Liabilities	$1,859,182
Net Assets	$29,037,364

Compensation

Key Employees and Officers	Compensation	Other
Melanie Raffle (Vp Of Operations)	$205,476	$6,295
Lydia Lusk (Director Of Communic)	$70,000	$6,295
David C Ulich Esquire (President/Board Member)	$8,874	$29,533
Steven Ungerleider Phd (Vice President/Board Membe)	$0	$0
Steven C Baum (Treasurer/Secretary/Board)	$0	$0
Paul Malingagio (Board Member)	$0	$0

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990-PF

Filed on Nov. 1, 2016

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Fiscal Year Ending Dec.
2014

Revenue

$1,382,417

Expenses

$4,781,531

Net Income

-$3,399,114

Net Assets

$34,085,610

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$272,500	19.7%
Interest Revenue	$0
Dividends	$754,074	54.5%
Sales of Assets	$323,302	23.4%
Other Income	$32,541	2.4%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$3,878,870	81.1%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$36,455,621
Total Liabilities	$2,370,011
Net Assets	$34,085,610

Compensation

Key Employees and Officers	Compensation	Other
Melanie Raffle (Vp Of Operations)	$135,000	$0
Lydia Lusk (Director Of Communic)	$60,000	$0
David C Ulich Esquire (President/Board Member)	$0	$0
Steven Ungerleider Phd (Vice President/Board Member)	$0	$6,131
Steven C Baum (Treasurer/Secretary/Board Member)	$0	$0
Paul Malingagio (Board Member)	$0	$0

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990-PF

Filed on Nov. 12, 2015

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Fiscal Year Ending Dec.
2013

Revenue

$2,982,329

Expenses

$3,236,786

Net Income

-$254,457

Net Assets

$35,393,658

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$53,000	1.8%
Interest Revenue	$0
Dividends	$621,239	20.8%
Sales of Assets	$2,269,502	76.1%
Other Income	$38,588	1.3%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$1,959,662	60.5%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$37,481,798
Total Liabilities	$2,088,140
Net Assets	$35,393,658

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2012

Revenue

$1,528,479

Expenses

$3,118,270

Net Income

-$1,589,791

Net Assets

$29,565,401

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$38,600	2.5%
Interest Revenue	$0
Dividends	$636,405	41.6%
Sales of Assets	$773,008	50.6%
Other Income	$80,466	5.3%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$1,764,013	56.6%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$31,363,651
Total Liabilities	$1,798,250
Net Assets	$29,565,401

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2011

Revenue

$33,022,022

Expenses

$2,504,174

Net Income

$30,517,848

Net Assets

$28,755,045

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$29,777,318	90.2%
Interest Revenue	$0
Dividends	$511,909	1.6%
Sales of Assets	$2,700,786	8.2%
Other Income	$32,009	0.1%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$1,194,344	47.7%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$29,803,576
Total Liabilities	$1,048,531
Net Assets	$28,755,045

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

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Foundation For Global Sports Development

Organization summary

Type of Nonprofit

Summary charts: organization finances over time

Revenue $1.65M (2024)

Expenses $4.52M (2024)

Total Assets $6.97M (2024)

Total Liabilities $17.3k (2024)

Tax Filings by Year

Fiscal Year Ending Dec. 2024

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2023

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2022

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2021

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2020

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2019

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2018

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2017

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2016

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2015

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2014

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2013

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Document Links

990-PF

Revenue

$1.65M (2024)

Expenses

$4.52M (2024)

Total Assets

$6.97M (2024)

Total Liabilities

$17.3k (2024)

Fiscal Year Ending Dec.
2024

Fiscal Year Ending Dec.
2023

Fiscal Year Ending Dec.
2022

Fiscal Year Ending Dec.
2021

Fiscal Year Ending Dec.
2020

Fiscal Year Ending Dec.
2019

Fiscal Year Ending Dec.
2018

Fiscal Year Ending Dec.
2017

Fiscal Year Ending Dec.
2016

Fiscal Year Ending Dec.
2015

Fiscal Year Ending Dec.
2014

Fiscal Year Ending Dec.
2013

Fiscal Year Ending Dec.
2012

Fiscal Year Ending Dec.
2011

Fiscal Year Ending Dec.
2010

Fiscal Year Ending Dec.
2009

Fiscal Year Ending Dec.
2008

Fiscal Year Ending Dec.
2007

Fiscal Year Ending Dec.
2006

Fiscal Year Ending Dec.
2005

Fiscal Year Ending Dec.
2004

Fiscal Year Ending Dec.
2003

Fiscal Year Ending Dec.
2002

Fiscal Year Ending Dec.
2001