Nonprofit · EIN 33-1007984
THE RED SOX FOUNDATION INC
Tax-exempt · BOSTON, MA 02215
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $12,627,758 | $10,601,074 | $2,026,684 | $27,296,022 | $3,501,942 | $23,794,080 |
| December 31, 2023 | 990 | $10,674,742 | $9,458,980 | $1,215,762 | $23,721,955 | $4,304,516 | $19,417,439 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $14,280,805
- of which government grants
- $205,460
- Program service revenue
- $0
- Investment income
- $513,751
- Net income from fundraising events
- -$3,134,583
- Net income from gaming
- $967,785
- Other revenue
- -$2,166,798
Expenses
- Grants and similar amounts paid
- $7,478,513
- Compensation of officers, directors and key employees
- $537,989
- Other salaries and wages
- $612,999
- Salaries, compensation and benefits (total)
- $1,589,339
- Professional fundraising fees
- $0
- Legal fees
- $1,578
- Accounting fees
- $32,962
- Travel
- $117,719
- Depreciation
- $5,566
- Program services (functional)
- $9,414,129
- Management and general (functional)
- $461,483
- Fundraising (functional)
- $725,462
Balance sheet and other
- Total assets, start of year
- $23,721,955
- Total assets, end of year
- $27,296,022
- Total liabilities, end of year
- $3,501,942
- Net assets, end of year
- $23,794,080
- Land, buildings and equipment
- $27,831
- Publicly traded securities
- $21,032,174
- Net assets without donor restrictions
- $21,009,098
- Net assets with donor restrictions
- $2,784,982
- Gross unrelated business income
- $70,689
- Gross receipts
- $17,100,959
- Employees
- 56
- Volunteers
- 900
- Year formed
- 2002
- State of legal domicile
- MA
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| TIMOTHY ZUE | TREASURER Officer | 5 | $0 | $903,316 | $52,456 |
| DAVID FRIEDMAN | secretary/clerk Officer | 12 | $140,036 | $565,809 | $47,697 |
| REBEKAH SALWASSER | EXECUTIVE DIRECTOR Officer | 24 | $359,768 | $273,646 | $53,686 |
| TYLER M PETROPULOS | director of devt. & comms. Highest-paid employee | 40 | $143,830 | $0 | $34,149 |
| LIDIA ZAYAS | ASST DIRECTOR OF PROGRAMS Highest-paid employee | 40 | $110,107 | $0 | $31,432 |
| THOMAS WERNER | PRESIDENT/CHAIRMAN Trustee or director, Officer | 1 | $0 | $0 | $0 |
| MAVERICK CARTER | director/board member Trustee or director | 1 | $0 | $0 | $0 |
| CHARLES GIFFORD | DIRECTOR/BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| LINDA PIZZUTI HENRY | Director/Board Member Trustee or director | 1 | $0 | $0 | $0 |
| BRIDGET TERRY LONG | Director/Board Member Trustee or director | 1 | $0 | $0 | $0 |
| SEAN MCGRAIL | Director/Board Member Trustee or director | 1 | $0 | $0 | $0 |
| KATIE BURKE | Director/Board Member Trustee or director | 1 | $0 | $0 | $0 |
| LINDA WHITLOCK | Director/Board Member Trustee or director | 1 | $0 | $0 | $0 |
| COREY THOMAS | DIRECTOR/BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
990 for the year ended December 31, 2023: 14 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| TIMOTHY ZUE | TREASURER Officer | 5 | $0 | $865,000 | $63,645 |
| DAVID FRIEDMAN | secretary/clerk Officer | 12 | $182,617 | $478,008 | $59,829 |
| REBEKAH SALWASSER | EXECUTIVE DIRECTOR Officer | 24 | $370,585 | $229,095 | $51,803 |
| TYLER M PETROPULOS | director of devt. & comms. Highest-paid employee | 40 | $174,111 | $0 | $35,214 |
| LIDIA ZAYAS | ASST DIRECTOR OF PROGRAMS Highest-paid employee | 40 | $135,060 | $0 | $32,473 |
| THOMAS WERNER | PRESIDENT/CHAIRMAN Trustee or director, Officer | 1 | $0 | $0 | $0 |
| MAVERICK CARTER | director/board member Trustee or director | 1 | $0 | $0 | $0 |
| CHARLES GIFFORD | DIRECTOR/BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| LINDA PIZZUTI HENRY | Director/Board Member Trustee or director | 1 | $0 | $0 | $0 |
| BRIDGET TERRY LONG | Director/Board Member Trustee or director | 1 | $0 | $0 | $0 |
| SEAN MCGRAIL | Director/Board Member Trustee or director | 1 | $0 | $0 | $0 |
| KATIE BURKE | Director/Board Member Trustee or director | 1 | $0 | $0 | $0 |
| LINDA WHITLOCK | Director/Board Member Trustee or director | 1 | $0 | $0 | $0 |
| COREY THOMAS | DIRECTOR/BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 4 JERSEY ST, BOSTON, MA 02215-4148
- In care of
- % KELSEY GEE
- Principal officer (990 for 2024)
- REBEKAH SALWASSER, 4 JERSEY STREET, BOSTON, MA 02215
- Signed the 990
- TIMOTHY ZUE, Treasurer
- Phone
- (617) 226-6440
- Website
- WWW.REDSOXFOUNDATION.ORG
- Return prepared by
- ERNST & YOUNG US LLP
Mission
THE RED SOX FOUNDATION'S MISSION IS TO HARNESS THE PASSION OF RED SOX NATION TO MAKE A DIFFERENCE IN THE LIVES OF CHILDREN, VETERANS, FAMILIES AND OUR COMMUNITIES IN NEED THROUGHOUT NEW ENGLAND BY IMPROVING THEIR HEALTH, EDUCATIONAL AND RECREATIONAL OPPORTUNITIES.
Program accomplishments
- RED SOX FOUNDATION AND MGH HOME BASE PROGRAM - THE RED SOX FOUNDATION AND MGH HOME BASE PROGRAM SERVE VETERANS RETURNING FROM SERVICE WITH TRAUMATIC BRAIN INJURY OR COMBAT STRESS AND FAMILIES. THIS PROGRAM PROVIDES CONFIDENTIAL CLINICAL CARE FOR VETERANS, INNOVATIVE TREATMENTS, SUPPORT SERVICES AND COUNSELING FOR WOUNDED VETERANS AND FAMILIES, COMMUNITY OUTREACH AND EDUCATION TO HELP OTHERS RECOGNIZE THESE INJURIES AND CUTTING EDGE RESEARCH. IN ADDITION TO GRANTS TOTALLING OVER $29 MILLION FOR THE PROGRAM, THE RED SOX FOUNDATION ALSO HAS MADE SUBSTANTIAL INVESTMENTS IN STAFF TIME AND IN KIND RESOURCES TO SUPPORT THIS PROGRAM AND HELP PROMOTE IT TO MILITARY AND VETERANS WHO NEED CONFIDENTIALITY AND, IF UNINSURED, FREE CARE FOR TBI AND PTSD. THE RED SOX FOUNDATION WORKS WITH MEDICAL EXPERTS AT MASS GENERAL HOSPITAL WHO PROVIDE DIRECT CARE SERVICES. RED SOX FOUNDATION STAFF ALSO WORK WITH MILITARY AND VETERAN GROUPS AND THEIR FAMILIES TO BREAK THROUGH THE STIGMA THAT OFTEN PREVENTS VETERANS FROM SEEKING THE HELP THEY NEED.Expenses $4,108,458 · grants $2,830,326
- RED SOX SCHOLARS - THE RED SOX SCHOLAR PROGRAM PROVIDES MENTORING, ENRICHMENT OPPORTUNITIES, AND COLLEGE SCHOLARSHIPS TO MORE THAN 300 ACADEMICALLY TALENTED LOW-INCOME STUDENTS SELECTED IN BOSTON'S PUBLIC SCHOOLS WHEN THEY ARE IN 7TH GRADE. THE SCHOLARS WORK WITH THE RED SOX FOUNDATION STAFF THROUGH HIGH SCHOOL. THE GOAL IS TO ENSURE THESE AT-RISK STUDENTS ESCAPE THE INNER CITY'S HIGH SCHOOL DROPOUT RATE AND INSTEAD GRADUATE FROM HIGH SCHOOL AND ARE PREPARED TO ATTEND COLLEGE. THE PROGRAM PROVIDES EACH STUDENT THE PROMISE OF A SCHOLARSHIP OF $10,000-PENDING ENROLLMENT IN AN ACCREDITED COLLEGE AND CITIZENSHIP. THE SCHOLARSHIPS ARE PAID DIRECTLY TO THE COLLEGE OF CHOICE, AND NOT TO THE STUDENTS OR FAMILY MEMBERS. THE RED SOX SCHOLARS ALSO PARTICIPATE IN SPECIAL ACTIVITIES AT FENWAY PARK INCLUDING ATTENDING RED SOX GAMES, COMMUNITY SERVICE, EVENTS WITH PLAYERS AND THEIR WIVES, SKILLS BUILDING, JOB FAIRS (FOR HIGH SCHOOL STUDENTS) AND COLLEGE PREP CLASSES. IN 2010, THE RED SOX SCHOLARS' PROGRAM WAS NATIONALLY RECOGNIZED WHEN THE TEAM WON THE FIRST-EVER COMMISSIONER'S AWARD FOR PHILANTHROPIC EXCELLENCE SPECIFICALLY FOR THE RED SOX SCHOLARS' PROGRAM. SERVICE SCHOLARS - THE NEW ENGLAND RED SOX SERVICE SCHOLARSHIPS AWARD COLLEGE SCHOLARSHIPS TO PUBLIC HIGH SCHOOL SENIORS ACROSS NEW ENGLAND WHO DEMONSTRATE ACADEMIC EXCELLENCE AND A COMMITMENT TO COMMUNITY EXCELLENCE AND A COMMITMENT TO COMMUNITY SERVICE. THE FLORIDA RED SOX SERVICE SCHOLARSHIPS AWARD COLLEGE SCHOLARSHIPS TO PUBLIC HIGH SCHOOL SENIORS ACROSS SOUTHWEST FLORIDA WHO DEMONSTRATE ACADEMIC EXCELLENCE AND A COMMITMENT TO COMMUNITY EXCELLENCE AND A COMMITMENT TO COMMUNITY SERVICE.Expenses $930,587 · grants $930,587
- FENWAY PARK LEARNING LAB- THE RED SOX FOUNDATION'S FENWAY PARK LEARNING LAB PROVIDES AN INTERACTIVE, ZERO-COST FIELD TRIP FOR BOSTON PUBLIC SCHOOL'S 6TH GRADES AT FENWAY PARK. THE FIELD TRIP INCLUDES TRANSPORTATION TO AND FROM THE SCHOOL AND FENWAY PARK, AN INFORMATIONAL TOUR THAT INTEGRATES WITH THEIR CURRICULUM, A BACKPACK FULL OF SCHOOL SUPPLIES AND INSTRUCTIONAL MATERIALS, AND LUNCH. THE PROGRAM BRINGS OVER 2000 BPS 6TH GRADERS INTO THE PARK EACH SCHOOL YEAR AND PROVIDES A UNIQUE OPPORTUNITY TO USE FENWAY PARK AS A LEARNING TOOL. THE 90 MINUTE TOUR PROVIDES RICH OPPORTUNITIES TO LEARN STATISTICS, HISTORY, SCIENCE, FINANCIAL LITERACY, AND MORE. THE PROGRAM BEGAN IN 2022 AND IS CURRENTLY IN ITS FOURTH YEAR. THE PROGRAM RUNS FROM SEPTEMBER TO JUNE THROUGHOUT THE BOSTON PUBLIC SCHOOL YEAR AND CONDUCTS TOURS APPROXIMATELY ONCE PER WEEK.Expenses $460,590 · grants $460,590
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 33-1007984
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2003
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T30)
- Assets (IRS master file)
- $27,296,022
- Income (IRS master file)
- $17,100,959
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $12,627,758 | $10,601,074 | $27,296,022 | IRS |
| 990-T | December 2024 | – | – | – | IRS |
| 990 | December 2023 | $10,674,742 | $9,458,980 | $23,721,955 | XML |
| 990-T | December 2023 | – | – | – | IRS |
| 990 | December 2022 | $10,004,314 | $9,207,177 | $17,931,607 | IRS |
| 990-T | December 2022 | – | – | – | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990-T | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990 | December 2017 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 33-1007984).
Questions about THE RED SOX FOUNDATION INC
- What is the EIN of THE RED SOX FOUNDATION INC?
- The employer identification number (EIN) of THE RED SOX FOUNDATION INC is 33-1007984.
- Is THE RED SOX FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2003.
- Are donations to THE RED SOX FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does THE RED SOX FOUNDATION INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of THE RED SOX FOUNDATION INC due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did THE RED SOX FOUNDATION INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of THE RED SOX FOUNDATION INC?
- The 990 for the year ended December 31, 2024 names REBEKAH SALWASSER.
- Who are the officers and directors of THE RED SOX FOUNDATION INC?
- The 990 for the year ended December 31, 2024 lists 14 people; 4 received compensation from the organization.
- How much revenue does THE RED SOX FOUNDATION INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $12,627,758, expenses of $10,601,074 and total assets of $27,296,022 at year end.
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