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DAVID CONE FOUNDATION INC

NEW YORK, NY · EIN 134007196 · Form 990EZ · FY2024 · NTEE T30 · Philanthropy & Grantmaking · Micro (<$100K)
revenue
$74K
expenses
$55K
net assets
$51K
employees
program ratio
99%
mission · from form 990

DAVID CONE FOUNDATION, INC. (THE "FOUNDATION") IS A NOT-FOR PROFIT CORPORATION, WHICH WAS INCORPORATED ON APRIL 30,1998, UNDER THE LAWS OF THE STATE OF NEW YORK. THE FOUNDATION ACCEPTS CONTRIBUTIONS AND ORGANIZES VARIOUS FUNDRAISING EVENTS IN ORDER TO MAKE CHARITABLE CONTRIBUTIONS TO ORGANIZATIONS THAT ARE EXEMPT FROM TAXATION UNDER SECTION 501(C) (3) OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED. MAJOR FUNDRAISING EVENTS ARE MILESTONE ANNIVERSARY GALAS AND PERIODIC SOFTBALL TOURNAMENTS WHOSE TEAMS ARE COACHED BY VOLUNTEER PROFESSIONAL BASEBALL PLAYERS.

profile · synthesized from sources

David Cone Foundation Inc. is a New York-based grantmaking organization established in 1998. It raises funds through events such as milestone anniversary galas and softball tournaments coached by professional baseball players, and directs contributions to 501(c)(3) organizations. The foundation primarily supports youth development and arts & culture initiatives through event sponsorships and charitable grants.

irs program accomplishments · form 990 part iii · fy2023

What they reported doing

  1. #1 primary $40K
    MAKE-A-WISH FOUNDATION - THE FOUNDATION COVERED THE COST OF A YANKEE STADIUM SUITE FOR THE CHARITY TO GRANT WISHES TO CHILDREN AND INDIVIDUALS AFFLICTED WITH DISEASE
  2. #2 $10K
    YOGI BERRA MUSEUM & LEARNING CENTER - THE FOUNDATION COVERED THE COST OF A YANKEE STADIUM SUITE FOR THE CHARITY TO RAISE CONTRIBUTIONS AND GRANTS.
named programs · 2 · from sources

What they call their work

Arts & Culture Support via Yogi Berra Museum & Learning Center
Provided funding to cover the cost of a Yankee Stadium suite for the Yogi Berra Museum & Learning Center to support its fundraising and educational mission
Youth Development Support via Make-A-Wish Foundation
Provided funding to cover the cost of a Yankee Stadium suite for the Make-A-Wish Foundation to grant wishes to children and individuals with life-threatening illnesses
activities · 1 group

What they do

  • Granting Wishes to Seriously Ill Children 1 activity
    • Funding stadium suite events for charitable organizations
      Provides funding for a suite at Yankee Stadium to support charitable activities of organizations such as Make-A-Wish Foundation and Yogi Berra Museum & Learning Center, including granting wishes to children with serious illnesses and supporting fundraising efforts.
financials · form 990EZ · fy2024
revenue
Total revenue$74K
Contributions & grants$30K41%
Program service revenue
Investment income
Other revenue
expenses
Total expenses$55K
Program expenses99%
Admin / overhead1%
Fundraising0%
Salaries & benefits
Grants paid out$54K
Largest expense lineCompensation
balance sheet
Total assets$51K
Cash$33K
Investments$0
Liabilities$0
Net assets$51K
Liquid reserves7.1 mo
3 years on record · 2022–2024 · YoY revenue -18.1%
relationships · 2

Who they work with

  • Make-A-Wish Foundation Partner — Funded a suite at Yankee Stadium for the organization to grant wishes to children and individuals with serious illnesses.
  • Yogi Berra Museum & Learning Center Partner — Funded a suite at Yankee Stadium for the organization to support its fundraising efforts.