Georgia · Nonprofit
502CIRCLE NIL COLLECTIVE FOUNDATION
502CIRCLE NIL COLLECTIVE FOUNDATION (Georgia) receives grants from 7 organizations whose IRS filings report $1,439,482 to it, the largest being MORGAN STANLEY GLOBAL IMPACT FUNDING TRUST INC ($510,000). 1 of them have funded it in more than one year, and 83% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
- Revenue FY2023
- $679k
- Funders on record
- 7
- Grants received
- $1.4M
- Net assets
- $76k
What 502circle Nil Collective Foundation does
Mission
502circle foundation is a non-profit in the city of louisville designed to position intercollegiate athletes in the community to create awareness and change around a variety of social issues. These topics are made up of, but are not limited to hunger, crime, drug use, mental health and sustainability. These programs have impacted thousands of children and families throughout the west end of louisville, southern indiana and a variety of other louisville suburbs. Athletes have participated in programs with dare to care, lords kitchen, delta foundation and others while hosting youth sports camps in underserved areas of town. As 502circle foundation continues to grow financially, these opportunities will be limitless for louisville athletes and the community.
As stated on its FY2023 Form 990.
Programs
On its FY2023 return the organization reported starting a significant new program.
West end youth camp delta foundation hoops and homework dare to care
Its own explanation, from Schedule O of that return (Part III, line 2).
The foundation recently held two kids' camps in the west end of louisville, bringing together around 150 children in each camp for a positive and uplifting experience. In partnership with university of louisville football players, we provided underprivileged families with essential mentorship along with resources like water bottles and bags. These camps gave kids and their families an outlet to channel their energy into something constructive, fostering a sense of community and inspiring them to stay focused on their goals and potential.
$130,000 spent24% of program spendingThe foundation worked through the delta foundation's hoops and homework program, with around 50 athletes using their platform to inspire and support local youth. This initiative combines basketball with academic support, offering kids a constructive outlet while encouraging them to stay focused on their education and personal growth. The athletes' involvement provides mentorship and motivation, helping to foster positive energy both on and off the court.
$100,000 spent18% of program spendingThe foundation has partnered with dare to care to make a significant impact in the community through its mobile pantry and food preparation kitchen. With the involvement of around 75 athletes, this initiative helps provide vital support to local schools, families, and shelters in need. By deistributing food and preparing meals, 02circle athletes are not only helping to address food insecurity but also offering hope and relief to those facing difficult circumstances, reinfomring the foundation's commitmnet to giving back and strengthening the community.
$70,000 spent13% of program spendingVarious smaller projects providing mentorship to children and youth in west louisville and underpriviledged children in surroundingn areas.
$245,833 spent45% of program spending
The 4 programs described on its FY2023 Form 990, listed largest first by expense. Program spending in total: $545,833.
Who funds it, year by year
Grant support over time, funder by funder — shade shows the grant size each year.
6 of 7 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 83% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
From the IRS filings of 502CIRCLE NIL COLLECTIVE FOUNDATION’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How concentrated its funding is
502CIRCLE NIL COLLECTIVE FOUNDATION leans on a few funders — its largest provides 35% of grant income and the top three 88%; half comes from just 2 funders.
the vertical line marks half of all grant income — 2 funders to its left
83% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund 502CIRCLE NIL COLLECTIVE FOUNDATION.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Where its funders are
83% of 502CIRCLE NIL COLLECTIVE FOUNDATION's grant income arrives through donor-advised or pass-through sponsors, whose addresses record where the money is held rather than where the donor is. Of the $250k that is directly attributable, 100% of it comes from funders outside Georgia, across 1 state.
Funder states come from each funder’s own filing. $1.2M arriving through sponsors registered in 5 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Against its field
502CIRCLE NIL COLLECTIVE FOUNDATION runs a healthier operating margin than half of the 14,564 recreation & sports nonprofits its size.
this organization peer median middle 50% of peers· 14,564 recreation & sports nonprofits $100k–$1M, FY2023
Organizations like 502CIRCLE NIL COLLECTIVE FOUNDATION
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In Georgia
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
88% of spending goes to programs.
Governance
Footprint & structure
Files a return copy in 1 state
Screen this organization
A dated, signed PDF of the compliance screen for 502CIRCLE NIL COLLECTIVE FOUNDATION: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds 502CIRCLE NIL COLLECTIVE FOUNDATION?
- 502CIRCLE NIL COLLECTIVE FOUNDATION (Georgia) receives grants from 7 organizations whose IRS filings report $1,439,482 to it, the largest being MORGAN STANLEY GLOBAL IMPACT FUNDING TRUST INC ($510,000). 1 of them have funded it in more than one year, and 83% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
- How many funders does 502CIRCLE NIL COLLECTIVE FOUNDATION have?
- IRS filings report 7 organizations giving $1,439,482 in grants to 502CIRCLE NIL COLLECTIVE FOUNDATION, 1 of which have funded it in more than one year.
- Who is the largest funder of 502CIRCLE NIL COLLECTIVE FOUNDATION?
- MORGAN STANLEY GLOBAL IMPACT FUNDING TRUST INC is the largest funder on record, with $510,000 in grants. The full list of funders is on this page.
- How can an organization like 502CIRCLE NIL COLLECTIVE FOUNDATION find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Georgia. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
Play a game about who funds 502circle Nil Collective →
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2023 (financials across 2023–2023), and the filings of 7 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing