The Padres Foundation is the primary source of funding for the Padres club's outreach initiatives in the areas of children's health, education, fitness, and youth baseball/softball.

501(c)(3) charity; gifts are tax-deductible.
60¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2022 · Form 990-TIndependent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990-T
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
5 of 5
filings with a surplus
Average surplus $1.4M a year · 55% of revenue · last 5 filings
Looks good: a surplus in 5 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
60%
of spending
Worth a look: 60% of spending went to programs; under 65%.
Pt IX · Ln 25 · col B
42 mo
of spending, in cash
Looks good: 41.8 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
8
named funders · $585K
Looks good: 8 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$230K
6% of total assets
Looks good: liabilities are 6% of assets; 50% or less.
Pt X · Ln 26
Independent board members
3
of 3 voting members
Looks good: 3 of 3 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$2.5M
+167% vs prior year
Spent
$1.0M
To programs
60%
Net assets
$3.7M
By yearFY2020–FY2024
Revenue
$2.5M
FY2022▲ +167%
Tap a bar for its year
Revenue by fiscal year
FY2020$630K
FY2021$950K
FY2022$2.5M
FY2023$4.5M
FY2024$4.4M
Expenses
$1.0M
FY2022▲ +127%
Tap a bar for its year
Expenses by fiscal year
FY2020$609K
FY2021$460K
FY2022$1.0M
FY2023$1.7M
FY2024$2.0M
Net assets
$3.7M
FY2022▲ +67%
Tap a bar for its year
Net assets by fiscal year
FY2020$1.8M
FY2021$2.2M
FY2022$3.7M
FY2023$6.5M
FY2024$8.9M

From the FY2022 Form 990 · figures checked against the IRS filing · see the original

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You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Mar 2017.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

60 cents of each dollar spent went to programs.

Program services 60% · $624K Management & general 5% · $49K Fundraising 36% · $372K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

3 people listed on the 990-T.

Part VII, Section A · reportable compensation
President/ Director
$0Pt VII · Sec A
$0Pt VII · Sec A
CEO/Director
$0Pt VII · Sec A
See Padres Foundation executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Funds outreach initiatives for children's health, education, fitness, and youth baseball/softball.

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Provided by the organization

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1 program · $624K · in their own filed words · FY2022
01

In conjunction with the san diego padres, the padres foundation runs youth baseball camps. Net proceeds from the baseball camps directly benefit the foundation. In 2022, there were 1,157 participants enrolled in the baseball CAMPS.EVERY year, the san diego padres and the padres foundation also partner together to put on fan fest.

$624Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2024
See all 8 funders →
Grants paid · 84 grants · $3.1M · 2020–2024
San Diego Rescue Mission INCCA · FY2024$350,000
Armed Services YMCA of the USACA · FY2024$300,000
YMCA of San Diego CountyCA · FY2024$72,500
Fisher House Foundation INCMD · FY2024$50,000
San Diego Unified School DistrictFY2024$40,969
Lucky Duck FoundationFY2024$40,000
Randy Jones Foundation INCCA · FY2024$35,000
Challenged Athletes INCCA · FY2024$30,000
Reality ChangersCA · FY2024$27,000
The San Diego FoundationCA · FY2024$25,000
Build a MiracleCA · FY2024$21,500
Feeding San DiegoCA · FY2024$15,500
San Diego Sports AssociationCA · FY2024$15,000
See all 84 grants →

By the numbers

The FY2022 990-T, line by line.

1The main four
Money in
$2.5M
Gifts and grants$1.9M
Other income$632K
Money out
$1.0M
Programs$624K
Management$49K
Fundraising$372K
Owns and owes
$3.7M
net assets
Cash and savings$3.6M
Total assets$4.0M
Liabilities$230K
People
3
listed
Paid0
Voting board3
Independent3
2In more detail
Revenue in detail
Gifts and grants$1.9M
Other income$632K
Total revenue$2.5M
Assets in detailEnd of year
Cash and savings together$3.6M
Total assets$4.0M
Liabilities$230K
Net assets$3.7M
Operations
Employees0
Volunteers300
Fiscal year endsDecember
Conflict-of-interest policyYes
Whistleblower policyYes
Records policyNo

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $4.4M$2.0M$2.4M$8.9M 990 PDF
FY2023 $4.5M$1.7M$2.8M$6.5M 990 PDF
FY2022 Viewing $2.5M$1.0M$1.5M$3.7M 990 PDF
FY2021 $950K$460K$491K$2.2M 990 PDF
FY2020 $630K$609K$21K$1.8M 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons

Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File

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