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Filing year 2024

THE SHARKS FOUNDATION (USA) INC C/O MARCO MASOTTI

New York, New York·EIN 87-1747750·NTEE T30 · Philanthropy, Voluntarism & Grantmaking Foundations·3
Total revenue
$46k
Total assets
$29k
Total expenses
$19k
Reported officers
3
Mission

THE SHARKS FOUNDATION WORKS TO (I) PROVIDE SUPPORT, ASSISTANCE, RESOURCES, AND MENTORING TO CURRENT, FORMER, AND FUTURE PLAYERS, MANAGEMENT AND ASSOCIATES OF THE SHARKS RUGBY TEAM (AND THEIR FAMILY MEMBERS AND DEPENDENTS), (II) SUPPORT THE HUMANITARIAN OR CHARITABLE PURPOSES OF FOUNDATIONS AND SIMILAR ORGANIZATIONS ESTABLISHED OR LED BY CURRENT OR FORMER PLAYERS OF THE SHARKS RUGBY TEAM, (III) TO SUPPORT HUMANITARIAN OR RELIEF EFFORTS AND ACTIVITIES IN THE CITY OF DURBAN AND SURROUNDING COMMUNITIES IN THE PROVINCE OF KWAZULU NATAL THROUGH GRANTMAKING.

Reported officers (all unpaid)

No paid executives reported in 2024. THE SHARKS FOUNDATION (USA) INC C/O MARCO MASOTTI reported 3 unpaid officers and board members on its 990.

President
Secretary
Treasurer
Financial trend

Revenue and expenses over time

THE SHARKS FOUNDATION (USA) INC C/O MARCO MASOTTI reported revenue and expenses across 2 filing years.

RevenueExpenses
$66k
$66k
2023
$46k
$19k
2024
Total revenue and total expenses from IRS Form 990 filings.
Sector benchmark

What Philanthropy, Voluntarism & Grantmaking executives earn in New York

THE SHARKS FOUNDATION (USA) INC C/O MARCO MASOTTI reported no executive compensation in its latest filing. For context, the highest-paid executive at a comparable philanthropy, voluntarism & grantmaking organization in New York earns a median of $35,077.

25th percentile
$9k
Median
$35,077
75th percentile
$121k
90th percentile
$281k

These are philanthropy, voluntarism & grantmaking sector-wide figures, not this organization's reported pay. Based on 1,285 organizations across 1,285 filings (2021 – 2024).

See full Philanthropy, Voluntarism & Grantmaking pay data for New York
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