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CHARITY NAME ASSETS AT END OF YEAR TOTAL EXPENSES % OF EXPENSES FOR CHARITY PROGRAMS COMMENT TIGER WOODS FOUNDATION $81,854,000 $15,450,000 85.11% The foundation makes dozens of grants to promote the health and education of children; it also operates its own learning center in Anaheim, Calif. LANCE ARMSTRONG FOUNDATION 33,785,424 45,269,818 81.83% Raises millions from large fund-raising events—and sales of yellow bracelets—and makes grants to a variety of cancer causes. ANDRE AGASSI CHARITABLE FOUNDATION 23,394,985 6,485,157 88.29% Focuses on recreation and educational activities for at-risk children from low-income families. Elton John is a director. DIKEMBE MUTOMBO FOUNDATION* Houston Rockets 7,945,682 497,397 81.31% Mr. Mutombo and his foundation paid to build a 300-bed hospital in his native Congo. George W. Bush, Bill Clinton and Jimmy Carter have all publicly praised Mr. Mutombo’s work. BILLY ANDRADE- BRAD FAXON CHARITIES 3,015,013 327,183 93.08% Joint venture of two golfers sponsors annual celebrity golf tournament and gave $100,000 to the American Red Cross for Hurricane Katrina relief. PEYTON MANNING’S PEYBACK FOUNDATION Indianapolis Colts 1,424,631 546,316 92.22% Grants went to 28 organizations that aid at-risk youth. One of the foundation’s trustees is Archie Manning, the football great who is Peyton’s father. DAVID TOMS CHARITABLE FOUNDATION 1,330,905 1,361,035 89.33% Focused on children, the foundation made $785,000 in grants to familes affected by Katrina in 2005. PGA contributed $175,000 to foundation that year. SERGEI FEDOROV FOUNDATION* Columbus Blue Jackets 1,279,682 191,492 45.80% Aims to help underprivileged children. In 2004, administrative costs exceeded grants, which Brian O’Keefe, a director, attributes to higher-than-normal legal expenses. BRIAN GRIESE’S JUDI’S HOUSE Chicago Bears 1,252,404 544,652 74.41% Focuses on supporting children who have lost a parent or loved one. Brian Griese and his father, Bob Griese, wrote a book about the death of Brian’s mother and Bob’s first wife. ANDREW S. RODDICK FOUNDATION 1,238,381 890,931 70.14% Held several fund-raisers—an auction, a tennis tournament and a concert—which grossed $1.2 million in 2005. Proceeds go to a variety of children’s and medical causes. BRETT FAVRE FOURWARD FOUNDATION Green Bay Packers 1,211,779 556,429 85.63% Raises money through events like a golf tournament, a softball game and an auction to help disadvantaged children. Deanna Favre, Brett’s wife, is the foundation’s unpaid president. KURT WARNER FIRST THINGS FIRST FOUNDATION Arizona Cardinals 801,425 281,863 78.06% The foundation assists disadvantaged and sick children, and also finances scholarships at a number of colleges and universities. JUNIOR SEAU FOUNDATION New England Patriots 728,709 843,830 88.60% Received a $900,000 grant in technology and services from Fujitsu Computer Products of America last year. MIKE MODANO FOUNDATION Dallas Stars 728,164 863,271 72.85% Goldman Sachs, Lehman Brothers, Merrill Lynch and Bear Stearns were among the more than 50 companies that contributed in 2005, according to foundation’s filings. KRISTI YAMAGUCHI ALWAYS DREAM FOUNDATION 509,015 163,005 81.07% Plans to donate $250,000 for a playground for disabled children in Fremont, Calif., as its first major project. JOHN AND DYAN SMOLTZ FOUNDATION Atlanta Braves 501,003 351,206 99.94% Mr. Smoltz and his wife Dyan, who announced that they were divorcing earlier this year, contributed $250,000 to the foundation that bears both of their names in 2004. TIM DUNCAN FOUNDATION San Antonio Spurs 438,512 252,871 99.47% Supports basketball camps and other youth sports activities, but its largest grant in 2005, for $200,000, went to a cancer research and therapy center. VIJAY SINGH CHARITABLE FOUNDATION 411,768 156,785 99.82% Mr. Singh made a $100,000 donation to the foundation when it was formed in 2004, but all 2005 revenue came from outside sources, including the PGA, which contributed $200,000. JOHN LYNCH FOUNDATION Denver Broncos 387,899 206,211 91.01% Raises funds through a variety of events, including a golf tournament and an annual breakfast, to provide scholarships and to suppport several educational initiatives. JEFF GORDON FOUNDATION 364,540 1,367,671 80.41% Received $869,608 in donations from 32 sources, including $281,770 from Mr. Gordon. Other donors included Warner Bros., Nascar and DuPont. ROGER CLEMENS FOUNDATION* Houston Astros 353,158 438,402 56.55% Anna Shaheen, the foundation’s accountant, estimates that the organization’s charitable donations were about $294,000 in 2005, compared to $247,894 in 2004, but says the foundation has not yet filed a 2005 tax return. TORRY HOLT FOUNDATION St. Louis Rams 341,644 251,150 41.84% Makes grants for scholarships and to help children with cancer. Operating and administrative costs were greater than the foundation’s charitable donations. JAMIE MOYER’S MOYER FOUNDATION Philadelphia Phillies 318,293 2,567,097 78.12% Funds are raised through a variety of special events, including a bowling tournament, to assist children and families who are in distress. Donated $1.4 million to Seattle’s Fred Hutchinson Cancer Research Center. MIKE MUSSINA FOUNDATION New York Yankees 251,797 48,628 59.64% Based in Lycoming County, Pa., where Mr. Mussina grew up, the foundation provides college scholarships to high school seniors. DIRK NOWITZKI FOUNDATION Dallas Mavericks 231,260 1,704 0% The German all-star’s foundation says it did not make any donations in 2005, but did approve $50,000 of future donations that were paid early in 2006. MIKE HAMPTON PITCHING IN FOUNDATION Atlanta Braves 215,351 238,258 76.82% Mr. Hampton’s foundation, which supports little leagues and provides scholarships, received $210,000 from the Atlanta Braves in 2004. DERRICK BROOKS CHARITIES Tampa Bay Buccaneers 204,422 589,436 94.86% Focused on providing educational experiences for low-income youths. It spent $440,495 to send 33 students to South Africa. KEITH BROOKING CHILDREN’S FOUNDATION Atlanta Falcons 189,067 263,143 18.48% Donated $48,617 to 21 organizations in 2005. Board members included a funeral home owner, a minister and a French teacher. STEVE NASH FOUNDATION Phoenix Suns 188,380 135,521 8.62% Supports youth basketball programs in Canada and aids environmental causes. Grants were low because the foundation was just getting started in 2005. STEVE McNAIR FOUNDATION Baltimore Ravens 182,896 321,347 77.94% The foundation received contributions from Coca Cola, Nike, the NFL, Outback Steakhouse and the Tennessee Titans. CHRIS CHELIOS’ CHELI’S CHILDREN FOUNDATION Detroit Red Wings 151,932 218,199 62.79% Donations to the Children’s Leukemia Foundation, the Make-A-Wish Foundation of Illinois and the American Hearing Impaired Hockey Association. AMANI TOOMER FOUNDATION New York Giants 132,995 7,799 5.03% The foundation gave away only $392 in 2005, because funds were reserved for a 2006 grant of $120,000 for New York public school playgrounds, according to the foundation’s financial manager. CARSON PALMER FOUNDATION Cincinnati Bengals 104,850 323,133 74.28% Mr. Palmer and his wife Shaelyn donated $200,000 to the foundation, which gives money to organizations that assist abused and abandoned children. EDDIE KENNISON’S QUICK START FOUNDATION* Kansas City Chiefs 103,780 18,924 63.94% Funds are targeted at raising awareness and supporting the treatment of lupus, the autoimmune disease that Mr. Kennison’s wife Shimika has been diagnosed with. DAVID AKERS’ KICKS FOR KIDS Philadelphia Eagles 101,763 11,2349 63.60% Foundation says it recently parted with its management company, which charged it 20% on all funds brought in from fundraising activities and events in 2005. What Athletes Are Giving Below, some of the biggest foundations of professional athletes, ranked by their assets. Except where noted, figures are from 2005, the most recent year for which tax filings are available. Total expenses include money that was spent on charitable programs during the year, as well as salaries paid to foundation employees and other operating costs. —Camille Ricketts and G. Bruce Knecht *2004 figures Source: Guidestar.org and Wall Street Journal research.

What Athletes Are Giving - The Wall Street Journalonline.wsj.com/public/resources/documents/pt-af323_athletechart.pdf · What Athletes Are Giving Below, some of the biggest foundations

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Page 1: What Athletes Are Giving - The Wall Street Journalonline.wsj.com/public/resources/documents/pt-af323_athletechart.pdf · What Athletes Are Giving Below, some of the biggest foundations

CHARITY NAMEASSETS AT END OF YEAR

TOTAL EXPENSES

% OF EXPENSES FOR CHARITYPROGRAMS COMMENT

TIGER WOODS FOUNDATION $81,854,000 $15,450,000 85.11% The foundation makes dozens of grants to promote the health and education of children; it

also operates its own learning center in Anaheim, Calif.

LANCE ARMSTRONG FOUNDATION 33,785,424 45,269,818 81.83% Raises millions from large fund-raising events—and sales of yellow bracelets—and makes

grants to a variety of cancer causes.

ANDRE AGASSI CHARITABLE FOUNDATION 23,394,985 6,485,157 88.29% Focuses on recreation and educational activities for at-risk children from low-income

families. Elton John is a director.

DIKEMBE MUTOMBO FOUNDATION*Houston Rockets

7,945,682 497,397 81.31% Mr. Mutombo and his foundation paid to build a 300-bed hospital in his native Congo. George W. Bush, Bill Clinton and Jimmy Carter have all publicly praised Mr. Mutombo’s work.

BILLY ANDRADE- BRAD FAXON CHARITIES 3,015,013 327,183 93.08% Joint venture of two golfers sponsors annual celebrity golf tournament and gave $100,000

to the American Red Cross for Hurricane Katrina relief.

PEYTON MANNING’S PEYBACK FOUNDATIONIndianapolis Colts

1,424,631 546,316 92.22% Grants went to 28 organizations that aid at-risk youth. One of the foundation’s trustees is Archie Manning, the football great who is Peyton’s father.

DAVID TOMS CHARITABLE FOUNDATION 1,330,905 1,361,035 89.33% Focused on children, the foundation made $785,000 in grants to familes affected by Katrina

in 2005. PGA contributed $175,000 to foundation that year.

SERGEI FEDOROV FOUNDATION*Columbus Blue Jackets

1,279,682 191,492 45.80% Aims to help underprivileged children. In 2004, administrative costs exceeded grants, which Brian O’Keefe, a director, attributes to higher-than-normal legal expenses.

BRIAN GRIESE’S JUDI’S HOUSEChicago Bears

1,252,404 544,652 74.41% Focuses on supporting children who have lost a parent or loved one. Brian Griese and his father, Bob Griese, wrote a book about the death of Brian’s mother and Bob’s first wife.

ANDREW S. RODDICK FOUNDATION 1,238,381 890,931 70.14% Held several fund-raisers—an auction, a tennis tournament and a concert—which grossed

$1.2 million in 2005. Proceeds go to a variety of children’s and medical causes.

BRETT FAVRE FOURWARD FOUNDATIONGreen Bay Packers

1,211,779 556,429 85.63% Raises money through events like a golf tournament, a softball game and an auction to help disadvantaged children. Deanna Favre, Brett’s wife, is the foundation’s unpaid president.

KURT WARNER FIRST THINGS FIRST FOUNDATIONArizona Cardinals

801,425 281,863 78.06% The foundation assists disadvantaged and sick children, and also finances scholarships at a number of colleges and universities.

JUNIOR SEAU FOUNDATIONNew England Patriots

728,709 843,830 88.60% Received a $900,000 grant in technology and services from Fujitsu Computer Products of America last year.

MIKE MODANO FOUNDATIONDallas Stars

728,164 863,271 72.85% Goldman Sachs, Lehman Brothers, Merrill Lynch and Bear Stearns were among the more than 50 companies that contributed in 2005, according to foundation’s filings.

KRISTI YAMAGUCHI ALWAYS DREAM FOUNDATION 509,015 163,005 81.07% Plans to donate $250,000 for a playground for disabled children in Fremont, Calif., as its

first major project.

JOHN AND DYAN SMOLTZ FOUNDATIONAtlanta Braves

501,003 351,206 99.94% Mr. Smoltz and his wife Dyan, who announced that they were divorcing earlier this year, contributed $250,000 to the foundation that bears both of their names in 2004.

TIM DUNCAN FOUNDATIONSan Antonio Spurs 438,512 252,871 99.47% Supports basketball camps and other youth sports activities, but its largest grant in 2005,

for $200,000, went to a cancer research and therapy center.

VIJAY SINGH CHARITABLE FOUNDATION 411,768 156,785 99.82% Mr. Singh made a $100,000 donation to the foundation when it was formed in 2004, but all

2005 revenue came from outside sources, including the PGA, which contributed $200,000.

JOHN LYNCH FOUNDATIONDenver Broncos

387,899 206,211 91.01% Raises funds through a variety of events, including a golf tournament and an annual breakfast, to provide scholarships and to suppport several educational initiatives.

JEFF GORDON FOUNDATION 364,540 1,367,671 80.41% Received $869,608 in donations from 32 sources, including $281,770 from Mr. Gordon.

Other donors included Warner Bros., Nascar and DuPont.

ROGER CLEMENS FOUNDATION*Houston Astros

353,158 438,402 56.55%Anna Shaheen, the foundation’s accountant, estimates that the organization’s charitable donations were about $294,000 in 2005, compared to $247,894 in 2004, but says the foundation has not yet filed a 2005 tax return.

TORRY HOLT FOUNDATIONSt. Louis Rams 341,644 251,150 41.84% Makes grants for scholarships and to help children with cancer. Operating and

administrative costs were greater than the foundation’s charitable donations.

JAMIE MOYER’S MOYER FOUNDATIONPhiladelphia Phillies

318,293 2,567,097 78.12%Funds are raised through a variety of special events, including a bowling tournament, to assist children and families who are in distress. Donated $1.4 million to Seattle’s Fred Hutchinson Cancer Research Center.

MIKE MUSSINA FOUNDATIONNew York Yankees

251,797 48,628 59.64% Based in Lycoming County, Pa., where Mr. Mussina grew up, the foundation provides college scholarships to high school seniors.

DIRK NOWITZKI FOUNDATIONDallas Mavericks

231,260 1,704 0% The German all-star’s foundation says it did not make any donations in 2005, but did approve $50,000 of future donations that were paid early in 2006.

MIKE HAMPTON PITCHING IN FOUNDATIONAtlanta Braves

215,351 238,258 76.82% Mr. Hampton’s foundation, which supports little leagues and provides scholarships, received $210,000 from the Atlanta Braves in 2004.

DERRICK BROOKS CHARITIESTampa Bay Buccaneers

204,422 589,436 94.86% Focused on providing educational experiences for low-income youths. It spent $440,495 to send 33 students to South Africa.

KEITH BROOKING CHILDREN’S FOUNDATIONAtlanta Falcons

189,067 263,143 18.48% Donated $48,617 to 21 organizations in 2005. Board members included a funeral home owner, a minister and a French teacher.

STEVE NASH FOUNDATIONPhoenix Suns 188,380 135,521 8.62% Supports youth basketball programs in Canada and aids environmental causes. Grants were

low because the foundation was just getting started in 2005.

STEVE McNAIR FOUNDATIONBaltimore Ravens

182,896 321,347 77.94% The foundation received contributions from Coca Cola, Nike, the NFL, Outback Steakhouse and the Tennessee Titans.

CHRIS CHELIOS’ CHELI’S CHILDREN FOUNDATIONDetroit Red Wings

151,932 218,199 62.79% Donations to the Children’s Leukemia Foundation, the Make-A-Wish Foundation of Illinois and the American Hearing Impaired Hockey Association.

AMANI TOOMER FOUNDATIONNew York Giants

132,995 7,799 5.03%The foundation gave away only $392 in 2005, because funds were reserved for a 2006 grant of $120,000 for New York public school playgrounds, according to the foundation’s financial manager.

CARSON PALMER FOUNDATIONCincinnati Bengals

104,850 323,133 74.28% Mr. Palmer and his wife Shaelyn donated $200,000 to the foundation, which gives money to organizations that assist abused and abandoned children.

EDDIE KENNISON’S QUICK START FOUNDATION*Kansas City Chiefs

103,780 18,924 63.94% Funds are targeted at raising awareness and supporting the treatment of lupus, the autoimmune disease that Mr. Kennison’s wife Shimika has been diagnosed with.

DAVID AKERS’ KICKS FOR KIDSPhiladelphia Eagles

101,763 11,2349 63.60% Foundation says it recently parted with its management company, which charged it 20% on all funds brought in from fundraising activities and events in 2005.

What Athletes Are GivingBelow, some of the biggest foundations of professional athletes, ranked by their assets. Except where noted, figures are from 2005, the most recent year for which tax filings are available. Total expenses include money that was spent on charitable programs during the year, as well as salaries paid to foundation employees and other operating costs.

—Camille Ricketts and G. Bruce Knecht

*2004 figures Source: Guidestar.org and Wall Street Journal research.