5050 Foundation
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.
Financial Overview
From 2024 IRS Form 990-PF
Total Assets
$163K
+323.9% YoY
Annual Giving
$78K
Grant Count
3
Avg Grant Size
$26K
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Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 |
|---|---|---|
| Total Assets | $163,415 | $38,553 |
| Revenue | $397,842 | $149,408 |
| Expenses | $272,980 | $126,144 |
| Qualifying Distributions | — | — |
| Net Investment Income | — | — |
| Distributable Amount | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2024
Grant Size Distribution
3 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Who else does 5050 Foundation fund?
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Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| MOOKIE BETTS | FOUNDER | 1 | — |
| BRIANNA BETTS | CO-FOUNDER AND PRESIDENT | 1 | — |
| BRANDON MCPHAIL | VICE PRESIDENT | 1 | — |
| ANDREW MONTGOMERY | SECRETARY | 1 | — |
| CAM LEWIS | CHAIR PERSON | 1 | — |
Geographic Focus
Where this funder has awarded grants
Grant Distribution by State
Cities
Data last updated March 2026. Sourced from IRS Form 990-PF filings.
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