Tennessee · Nonprofit
5050 FOUNDATION
5050 FOUNDATION (Tennessee) receives grants from 8 organizations whose IRS filings report $92,348 to it, the largest being JD Finish Line Foundation Inc ($20,848). 1 of them have funded it in more than one year.
- Revenue FY2024
- $398k
- Funders on record
- 8
- Grants received
- $92k
- Net assets
- $163k
What 5050 Foundation does
Mission
To organize, operate, and maintain integrated programs of basketball instruction and activities available to boys and girls in grades nine through twelve in a manner that firmly implants the spirit of competition and the virtues of good sportsmanship, discipline, teamwork, honesty, loyalty, courage, and respect in the programs' participants, and that develops enthusiastic support for basketball among students, parents, and players by, among other activities, teaching the advance fundamentals of basketball to the programs' participants, promoting excellence in basketball by developing a coordinated effort amounts its various programs, providing a pathway for secondary educational scholarships through athletics and academics, and competing and excelling in amateur athletic union basketball tournaments.
As stated on its FY2024 Form 990.
Program
The organization supported tournament related costs for 4 basketball teams, totaling 39 high school age players.
$258,740 spentof which $77,500 as grants100% of program spending
The program described on its FY2024 Form 990. Program spending in total: $258,740.
The organization over time
Each line starts at 100 in 2023, so what you read is the shape rather than the size: 150 means half as much again as 2023, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2023 to 2024, from $39k to $163k (+324%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
132% of 5050 FOUNDATION’s revenue is contributions — more reliant on donations than three-quarters of its peers (18% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 0 of the last 2 reported years ran a deficit.
reserve
Leadership and staff
The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.
Board chair
Cam Lewis
Chair person
As listed on its FY2024 Form 990.
Who funds it, year by year
Grant support over time, funder by funder — shade shows the grant size each year.
2 of 8 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 27% 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 5050 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
5050 FOUNDATION has a broad base — no single funder exceeds 23% of grant income, and it takes 3 funders to reach half.
the vertical line marks half of all grant income — 3 funders to its left
51% 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 5050 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
5050 FOUNDATION draws 74% of its grant income from funders outside Tennessee, across 5 states in all.
Funder states come from each funder’s own filing. $25k arriving through sponsors registered in 2 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
5050 FOUNDATION runs a healthier operating margin than three-quarters of the 15,520 recreation & sports nonprofits its size.
this organization peer median middle 50% of peers· 15,520 recreation & sports nonprofits $100k–$1M, FY2024
Organizations like 5050 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 Tennessee
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
95% 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 5050 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 5050 FOUNDATION?
- 5050 FOUNDATION (Tennessee) receives grants from 8 organizations whose IRS filings report $92,348 to it, the largest being JD Finish Line Foundation Inc ($20,848). 1 of them have funded it in more than one year.
- How many funders does 5050 FOUNDATION have?
- IRS filings report 8 organizations giving $92,348 in grants to 5050 FOUNDATION, 1 of which have funded it in more than one year.
- Who is the largest funder of 5050 FOUNDATION?
- JD Finish Line Foundation Inc is the largest funder on record, with $20,848 in grants. The full list of funders is on this page.
- How can an organization like 5050 FOUNDATION find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Tennessee. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2023–2024), and the filings of 8 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