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SVG SPORTS BROADCASTING FUND
NEW YORK, NY · EIN 842588096 · Form 990 · FY2024 · NTEE A30 · Arts, Culture & Humanities · Small ($100K-$1M) · sportsbroadcastfund.org
revenue
$425K
expenses
$449K
net assets
$892K
employees
1
program ratio
89%
mission · from form 990

SVG SPORTS BROADCASTING FUND (THE ORGANIZATION") WAS FORMED ON AS A NON-STOCK, NON-FOR-PROFIT CORPORATION UNDER THE GENERAL CORPORATION LAW OF THE STATE OF DELAWARE. THE ORGANIZATION WAS FORMED TO OFFER EMERGENCY FINANCIAL SUPPORT FOR INDUSTRY PROFESSIONALS WHO FIND THEMSELVES IN A DIFFICULT FINANCIAL SPOT DUE TO CALAMITY, ILLNESS, INJURY, OR LOSS OF LIFE. THE FUND WILL PROVIDE PAYMENT OF DOCUMENTED EXPENSES INCLUDING, BUT NOT LIMITED TO MEDICINE, MEDICAL EQUIPMENT, RENT/MORTGAGE PAYMENTS, CLOTHING, AND FUNERAL EXPENSES FOR PROFESSIONALS IN THE SPORTS BROADCASTING FIELD, WHO HAVE WORKED IN THE INDUSTRY FOR AT LEAST ONE YEAR AND WHO APPLY FOR AID BASED ON DEMONSTRATED SHORT-TERM FINANCIAL NEED.

profile · synthesized from sources

Nonprofit providing emergency financial assistance to professionals in the sports broadcasting industry and their immediate families during crises caused by injury, illness, disaster, or family emergencies. The fund pays documented expenses directly to vendors, including medical bills, housing costs, and insurance premiums, offering short-term relief to help recipients focus on recovery. Open to applicants worldwide regardless of nationality or residence.

named programs · 3 · from sources

What they call their work

Designated Funds
Special funds established on behalf of individuals in need, funded by donor-restricted contributions, typically active for one year and managed by a board-appointed individual.
Emergency Grant Assistance
Provides short-term financial aid by paying documented bills directly to vendors for medical expenses, housing, insurance, and other critical needs for eligible industry professionals in crisis.
Ring of Honor
Recognition program for financial supporters of the fund, intended to encourage ongoing contributions from individuals and organizations in the sports broadcasting community.
activities · 2 groups

What they do

  • Donor-Advised Fund Grantmaking 1 activity
    • Funding donor-directed designated funds for individuals in need
      Establishes and manages donor-directed designated funds on behalf of individuals in need, with contributions directed to specific beneficiaries and administered for up to one year by a Board-appointed individual.
  • Member Hardship Assistance Programs 1 activity
    • Providing emergency financial assistance to sports broadcasting professionals and their families
      Provides emergency financial support to individuals in the sports broadcasting production industry and their immediate family members experiencing financial hardship due to illness, injury, disaster, or death, by directly paying documented expenses such as medical bills, housing costs, insurance premiums, and funeral expenses. Assistance is provided globally, with grants processed and decisions rendered within approximately five business days.
financials · form 990 · fy2024
revenue
Total revenue$425K
Contributions & grants$425K100%
Program service revenue$00%
Investment income$720%
Other revenue$0
expenses
Total expenses$449K
Program expenses89%
Admin / overhead11%
Fundraising0%
Salaries & benefits$63K
Grants paid out$369K
Largest expense lineCompensation
balance sheet
Total assets$892K
Cash$892K
Investments$0
Liabilities$0
Net assets$892K
Liquid reserves23.8 mo
3 years on record · 2020–2024 · YoY revenue +51.8%
leadership · form 990 part vii · fy2024

Who runs it

paid leadership · 1
NameTitleHours/wkCompensation
CARRIE BOWDEN ADMINISTRATOR 20 $54K
board members · 10
  • ANDREA BERRY — DIRECTOR
  • DEB HONKUS — DIRECTOR
  • KEN AAGAARD — PRESIDENT
  • KEN KERSCHBAUMER — SECRETARY
  • MIKE DAVIES — DIRECTOR
  • PATTY POWER — DIRECTOR
  • PAUL GALLO — TREASURER
  • STEVE HELLMUTH — VICE PRESIDENT
  • SUSAN STONE — DIRECTOR
  • TOM SAHARA — VICE PRESIDENT
relationships · 4

Who they work with

  • Carrie Bowden Partner — Contacts approved applicants to collect billing details and coordinates payment processing.
  • Carrie Bowden Partner — Manages communication with approved applicants to collect billing details and documentation for grant disbursement.
  • Ken Kerschbaumer Partner — Point of contact for submitting grant applications and initial review before forwarding to the Advisory Board.
  • Sports Video Group Partner — Founded SVG Sports Broadcasting Fund; serves as the organizational home and support structure.
strategies · 2

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.

  • Community-Validated Need Assessment
    methodology: third-party_verification
    By requiring third-party validation from professional or personal advocates and committee review, the Fund ensures legitimacy and accuracy in need assessment, because leveraging trusted community relationships improves both the credibility of applications and the fairness of grant decisions.
  • Emergency Financial Assistance for Industry-Embedded Professionals
    methodology: emergency_financial_assistance
    By providing short-term, direct financial aid to sports broadcasting professionals with documented industry tenure during crises, the Fund stabilizes individuals’ immediate needs and supports recovery, because targeted intervention for this freelance-vulnerable workforce increases the likelihood of effective and dignified outcomes.