What Athletes Are Giving

What Athletes Are Giving
Below, some of the biggest foundations of professional athletes, ranked by their assets. Except where noted, figures are from 2005, the most recent year for which tax filings are available.
Total expenses include money that was spent on charitable programs during the year, as well as salaries paid to foundation employees and other operating costs.
—Camille Ricketts and G. Bruce Knecht
ASSETS AT
END OF YEAR
TOTAL
EXPENSES
% OF
EXPENSES
FOR CHARITY
PROGRAMS
TIGER WOODS
FOUNDATION
$81,854,000
$15,450,000
85.11%
The foundation makes dozens of grants to promote the health and education of children; it
also operates its own learning center in Anaheim, Calif.
LANCE ARMSTRONG
FOUNDATION
33,785,424
45,269,818
81.83%
Raises millions from large fund-raising events—and sales of yellow bracelets—and makes
grants to a variety of cancer causes.
ANDRE AGASSI
CHARITABLE FOUNDATION
23,394,985
6,485,157
88.29%
Focuses on recreation and educational activities for at-risk children from low-income
families. Elton John is a director.
DIKEMBE MUTOMBO
FOUNDATION*
7,945,682
497,397
81.31%
Mr. Mutombo and his foundation paid to build a 300-bed hospital in his native Congo. George
W. Bush, Bill Clinton and Jimmy Carter have all publicly praised Mr. Mutombo’s work.
BILLY ANDRADEBRAD FAXON CHARITIES
3,015,013
327,183
93.08%
Joint venture of two golfers sponsors annual celebrity golf tournament and gave $100,000
to the American Red Cross for Hurricane Katrina relief.
PEYTON MANNING’S
PEYBACK FOUNDATION
1,424,631
546,316
92.22%
Grants went to 28 organizations that aid at-risk youth. One of the foundation’s trustees is
Archie Manning, the football great who is Peyton’s father.
DAVID TOMS CHARITABLE
FOUNDATION
1,330,905
1,361,035
89.33%
Focused on children, the foundation made $785,000 in grants to familes affected by Katrina
in 2005. PGA contributed $175,000 to foundation that year.
SERGEI FEDOROV
FOUNDATION*
1,279,682
191,492
45.80%
Aims to help underprivileged children. In 2004, administrative costs exceeded grants, which
Brian O’Keefe, a director, attributes to higher-than-normal legal expenses.
BRIAN GRIESE’S
JUDI’S HOUSE
1,252,404
544,652
74.41%
Focuses on supporting children who have lost a parent or loved one. Brian Griese and his
father, Bob Griese, wrote a book about the death of Brian’s mother and Bob’s first wife.
ANDREW S. RODDICK
FOUNDATION
1,238,381
890,931
70.14%
Held several fund-raisers—an auction, a tennis tournament and a concert—which grossed
$1.2 million in 2005. Proceeds go to a variety of children’s and medical causes.
BRETT FAVRE FOURWARD
FOUNDATION
1,211,779
556,429
85.63%
Raises money through events like a golf tournament, a softball game and an auction to help
disadvantaged children. Deanna Favre, Brett’s wife, is the foundation’s unpaid president.
KURT WARNER FIRST
THINGS FIRST FOUNDATION
801,425
281,863
78.06%
The foundation assists disadvantaged and sick children, and also finances scholarships at a
number of colleges and universities.
JUNIOR SEAU
FOUNDATION
728,709
843,830
88.60%
Received a $900,000 grant in technology and services from Fujitsu Computer Products of
America last year.
MIKE MODANO
FOUNDATION
728,164
863,271
72.85%
Goldman Sachs, Lehman Brothers, Merrill Lynch and Bear Stearns were among the more
than 50 companies that contributed in 2005, according to foundation’s filings.
KRISTI YAMAGUCHI ALWAYS
DREAM FOUNDATION
509,015
163,005
81.07%
Plans to donate $250,000 for a playground for disabled children in Fremont, Calif., as its
first major project.
JOHN AND DYAN SMOLTZ
FOUNDATION
501,003
351,206
99.94%
Mr. Smoltz and his wife Dyan, who announced that they were divorcing earlier this year,
contributed $250,000 to the foundation that bears both of their names in 2004.
TIM DUNCAN FOUNDATION
438,512
252,871
99.47%
Supports basketball camps and other youth sports activities, but its largest grant in 2005,
for $200,000, went to a cancer research and therapy center.
VIJAY SINGH
CHARITABLE FOUNDATION
411,768
156,785
99.82%
Mr. Singh made a $100,000 donation to the foundation when it was formed in 2004, but all
2005 revenue came from outside sources, including the PGA, which contributed $200,000.
JOHN LYNCH
FOUNDATION
387,899
206,211
91.01%
Raises funds through a variety of events, including a golf tournament and an annual
breakfast, to provide scholarships and to suppport several educational initiatives.
JEFF GORDON
FOUNDATION
364,540
1,367,671
80.41%
Received $869,608 in donations from 32 sources, including $281,770 from Mr. Gordon.
Other donors included Warner Bros., Nascar and DuPont.
ROGER CLEMENS
FOUNDATION*
353,158
438,402
56.55%
Anna Shaheen, the foundation’s accountant, estimates that the organization’s charitable
donations were about $294,000 in 2005, compared to $247,894 in 2004, but says the
foundation has not yet filed a 2005 tax return.
TORRY HOLT FOUNDATION
St. Louis Rams
341,644
251,150
41.84%
Makes grants for scholarships and to help children with cancer. Operating and
administrative costs were greater than the foundation’s charitable donations.
JAMIE MOYER’S MOYER
FOUNDATION
318,293
2,567,097
78.12%
Funds are raised through a variety of special events, including a bowling tournament,
to assist children and families who are in distress. Donated $1.4 million to Seattle’s Fred
Hutchinson Cancer Research Center.
MIKE MUSSINA
FOUNDATION
251,797
48,628
59.64%
Based in Lycoming County, Pa., where Mr. Mussina grew up, the foundation provides college
scholarships to high school seniors.
DIRK NOWITZKI
FOUNDATION
231,260
1,704
0%
The German all-star’s foundation says it did not make any donations in 2005, but did
approve $50,000 of future donations that were paid early in 2006.
MIKE HAMPTON
PITCHING IN FOUNDATION
215,351
238,258
76.82%
Mr. Hampton’s foundation, which supports little leagues and provides scholarships, received
$210,000 from the Atlanta Braves in 2004.
DERRICK BROOKS
CHARITIES
204,422
589,436
94.86%
Focused on providing educational experiences for low-income youths. It spent $440,495 to
send 33 students to South Africa.
KEITH BROOKING
CHILDREN’S FOUNDATION
189,067
263,143
18.48%
Donated $48,617 to 21 organizations in 2005. Board members included a funeral home
owner, a minister and a French teacher.
STEVE NASH FOUNDATION
Phoenix Suns
188,380
135,521
8.62%
Supports youth basketball programs in Canada and aids environmental causes. Grants were
low because the foundation was just getting started in 2005.
STEVE McNAIR
FOUNDATION
182,896
321,347
77.94%
The foundation received contributions from Coca Cola, Nike, the NFL, Outback Steakhouse
and the Tennessee Titans.
CHRIS CHELIOS’ CHELI’S
CHILDREN FOUNDATION
151,932
218,199
62.79%
Donations to the Children’s Leukemia Foundation, the Make-A-Wish Foundation of Illinois
and the American Hearing Impaired Hockey Association.
AMANI TOOMER
FOUNDATION
132,995
7,799
5.03%
The foundation gave away only $392 in 2005, because funds were reserved for a 2006
grant of $120,000 for New York public school playgrounds, according to the foundation’s
financial manager.
CARSON PALMER
FOUNDATION
104,850
323,133
74.28%
Mr. Palmer and his wife Shaelyn donated $200,000 to the foundation, which gives money
to organizations that assist abused and abandoned children.
EDDIE KENNISON’S QUICK
START FOUNDATION*
103,780
18,924
63.94%
Funds are targeted at raising awareness and supporting the treatment of lupus, the
autoimmune disease that Mr. Kennison’s wife Shimika has been diagnosed with.
DAVID AKERS’ KICKS FOR
KIDS
101,763
11,2349
63.60%
Foundation says it recently parted with its management company, which charged it 20% on
all funds brought in from fundraising activities and events in 2005.
CHARITY NAME
Houston Rockets
Indianapolis Colts
Columbus Blue Jackets
Chicago Bears
Green Bay Packers
Arizona Cardinals
New England Patriots
Dallas Stars
Atlanta Braves
San Antonio Spurs
Denver Broncos
Houston Astros
Philadelphia Phillies
New York Yankees
Dallas Mavericks
Atlanta Braves
Tampa Bay Buccaneers
Atlanta Falcons
Baltimore Ravens
Detroit Red Wings
New York Giants
Cincinnati Bengals
Kansas City Chiefs
Philadelphia Eagles
*2004 figures
COMMENT
Source: Guidestar.org and Wall Street Journal research.