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CHELSEA PIERS FOUNDATION

NEW YORK, NY · EIN 133991838 · Form 990 · FY2024 · NTEE P82 · Human Services · Medium ($1M-$10M) · chelseapiersfoundation.org
revenue
$1.7M
expenses
$1.2M
net assets
$4.2M
employees
0
program ratio
76%
mission · from form 990

SEE STATEMENT 1

profile · synthesized from sources

Chelsea Piers Foundation provides scholarships to low-income youth in New York and Connecticut to access sports programs, including hockey, gymnastics, soccer, and swimming. The organization funds these opportunities through fundraising events and donor support, aiming to promote youth development through athletic participation. It operates as a 501(c)(3) nonprofit with a focus on equitable access to sports.

named programs · 1 · from sources

What they call their work

Scholarship Program
Provides financial assistance to low-income youth in New York and Connecticut to participate in sports programs including hockey, gymnastics, soccer, swimming, and volleyball
activities · 6 groups

What they do

  • Summer Camp Access Scholarships 2 activities
    • Grantmaking to support youth sports and wellness access
      Funds mission-aligned organizations to expand access to sailing, fencing, water safety, and swimming for public school students and underserved youth, including grants to Hudson River Community Sailing and the Peter Westbrook Foundation.
    • Youth sports scholarship program
      Provides scholarships and tuition subsidies for young athletes to participate in sports classes, competitive teams, and summer camps, with over 11,000 scholarships totaling $8.9 million awarded to date. In 2024 alone, 577 scholarships were provided to youth in need.
  • School Sports Booster Programs 1 activity
    • Charity athlete crowdfunding for youth programs
      Engages charity runners and obstacle race participants who crowdfund a minimum of $250 each to support youth sports access, with proceeds funding activities such as soccer seasons, skating lessons, and swimming instruction.
  • Youth Development Programs 1 activity
    • Community sports and fitness programming
      Serves 2,400 young athletes annually through sports and wellness programs and supports delivery of community fitness classes, such as those at Hudson Guild, to promote youth and family engagement in physical activity.
  • Competitive and Learn-to-Swim Programs 1 activity
    • Free learn-to-swim and swimming instruction programs
      Offers free learn-to-swim lessons and swimming instruction to youth, including 1,300 hours of free lessons in 2024 and targeted programs for NYC public school students funded through charity initiatives.
  • Charity Golf Tournament Fundraiser 1 activity
    • Fundraising campaigns to support youth sports access
      Hosts and promotes fundraising campaigns such as “Play for a Purpose” and the Charity Golf Challenge to raise funds for youth sports scholarships and programs, including a two-day community event and partnerships with organizations like Hedgeye Cares.
  • Adaptive Sports Programs 1 activity
    • Inclusive soccer programming for children with disabilities
      Provides adaptive soccer programming for children affected by ambulatory Cerebral Palsy, stroke, or traumatic brain injury in a supportive, inclusive environment, including the launch of a new CP Soccer training group in Connecticut.
financials · form 990 · fy2024
revenue
Total revenue$1.75M
Contributions & grants$1.64M94%
Program service revenue$00%
Investment income$51K3%
Other revenue$57K
expenses
Total expenses$1.16M
Program expenses76%
Admin / overhead24%
Fundraising0%
Salaries & benefits$177K
Grants paid out$838K
Largest expense lineCompensation
balance sheet
Total assets$4.44M
Cash$2.59M
Investments$0
Liabilities$267K
Net assets$4.17M
Liquid reserves26.8 mo
4 years on record · 2020–2024 · YoY revenue +111.7%
leadership · form 990 part vii · fy2024

Who runs it

paid leadership · 1
NameTitleHours/wkCompensation
ALEXANDER N MCKHANN EXECUTIVE DIRECTOR 40 $101K
board members · 11
  • CRAIG COHEN — DIRECTOR
  • DAVID J KOEPPEL — CHAIRPERSON
  • JASON HALIO — DIRECTOR
  • JESSICA JESSIE BETTS DREYFUSS — MEMBER
  • KATHERINE KATE TEWKSBURY — MEMBER
  • KEVIN DALY — DIRECTOR
  • MOLLIE MARCOUX SAMAAN — DIRECTOR
  • ROBERT KAPLAN — DIRECTOR
  • ROBERT LOWE — DIRECTOR
  • SAM BERNSTEIN — MEMBER
  • SARAH OSNOSS — DIRECTOR
relationships · 33

Who they work with

  • ADAPTIVE SPORTS FOUNDATION Partner — Partner organization supported by Chelsea Piers Foundation to expand access to sports for youth.
  • BROOKLYN BOATWORKS Partner — Partner organization supported by Chelsea Piers Foundation to expand access to sports for youth.
  • CP Soccer Partner — Partnership to launch and operate a CP Soccer training group/team in Connecticut.
  • Channel 12 Partner — Media partner that has covered Chelsea Piers Foundation initiatives such as the "Play for a Purpose" program.
  • Chelsea Piers Partner — Collaborates with Chelsea Piers to expand access to youth sports and scholarship programs.
  • Chelsea Piers Athletic Complex Partner — Provides scholarship-funded access to sports programs in Stamford, CT.
  • Chelsea Piers Field House Brooklyn Partner — Hosts scholarship-funded gymnastics, ninja, field, and court classes in Brooklyn.
  • City Cruises Partner — Donated boat for an event supporting Chelsea Piers Foundation.
  • Darien Running Company Partner — Partnered on the "Run for a Purpose" 5K Challenge to support fundraising for youth sports scholarships.
  • FIGURE SKATING IN HARLEM Partner — Partner organization supported by Chelsea Piers Foundation to expand access to sports for youth.
  • GlenArbor Golf Club Partner — Hosted the Charity Golf Challenge benefiting Chelsea Piers Foundation.
  • HOODS TO WOODS FOUNDATION Partner — Partner organization supported by Chelsea Piers Foundation to expand access to sports for youth.
  • HUDSON RIVER COMMUNITY SAILING Partner — Partner organization supported by Chelsea Piers Foundation to expand access to sports for youth.
  • Hedgeye Cares Partner — Co-hosts the Charity Golf Challenge to raise funds for youth sports programs.
  • Hedgeye Cares Partner — Collaborated on the "Play for a Purpose" Hockey Game to support youth sports scholarships.
  • Hornblower Atlantica Partner — Donated boat ride for the Sail Into Spring 2025 event.
  • Hudson River Community Sailing Partner — Receives grant funding from Chelsea Piers Foundation to support fencing programs.
  • ICE HOCKEY IN HARLEM Partner — Partner organization supported by Chelsea Piers Foundation to expand access to sports for youth.
  • ICE THEATRE NEW YORK Partner — Partner organization supported by Chelsea Piers Foundation to expand access to sports for youth.
  • METROPOLITAN GOLF ASSOCIATION FOUNDATION Partner — Partner organization supported by Chelsea Piers Foundation to expand access to sports for youth.
  • NEW HEIGHTS YOUTH Partner — Partner organization supported by Chelsea Piers Foundation to expand access to sports for youth.
  • NEW YORK ROAD RUNNERS Partner — Partner organization supported by Chelsea Piers Foundation to expand access to sports for youth.
  • PENNY DOERGE ADAPTIVE ACADEMY Partner — Partner organization supported by Chelsea Piers Foundation to expand access to sports for youth.
  • Peter Westbrook Foundation Partner — Receives grant funding from Chelsea Piers Foundation to support fencing programs.
  • RISING TIDE EFFECT Partner — Partner organization supported by Chelsea Piers Foundation to expand access to sports for youth.
  • Rising Tides Effect Partner — Mission-aligned organization partnered with to connect families to sports resources and programs.
  • STEW LEONARD III WATER SAFETY FOUNDATION Partner — Partner organization supported by Chelsea Piers Foundation to expand access to sports for youth.
  • STRONGER THAN YOU THINK Partner — Partner organization supported by Chelsea Piers Foundation to expand access to sports for youth.
  • Sky Rink & Field House – Chelsea Partner — Hosts scholarship-funded classes and competitive teams in New York.
  • Spartan Partner — Partners with Spartan to organize obstacle course race events that raise funds for the Chelsea Piers Foundation.
+ 3 more
strategies · 4

How they approach the work

Named approaches extracted from this org’s sources. Where others share an approach, follow it to see the full set of orgs running it.

  • Barrier Reduction for Equitable Access
    methodology: barrier_reduction
    By removing financial and logistical barriers, we increase youth participation in sports, because access to coaching, programs, and cost support enables sustained engagement regardless of socioeconomic status.
  • Event-Based Fundraising for Program Sustainability
    methodology: event_based_fundraising
    By organizing and participating in endurance and community events, we generate financial support for youth sports access, because public engagement in challenge-based activities drives donor investment in scholarship and wellness programs.
  • Peer-Based Inclusive Recreation
    methodology: peer_based_inclusive_recreation
    By creating inclusive sports environments where children play alongside peers with similar experiences, we foster community and skill development, because shared experience enhances belonging and engagement without displacing existing social affiliations.
  • Sports-Based Youth Development
    methodology: sports_for_youth_development
    By engaging youth in sports, we develop their social, emotional, and physical skills, because structured athletic participation fosters confidence, life competencies, and long-term wellness during critical developmental stages.