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.
5050 Foundation at a glance
In short: 5050 Foundation gave $78K across 3 grants in 2024 (avg $26K), mostly in California. Source: 2024 IRS Form 990.
- Annual giving (2024)
- $77,500
- Grants made (2024)
- 3
- Average grant
- $25,833
- Median grant
- $15,000
- Total assets
- $163,415
- +323.9% vs 2023
- Primary geography
- California (65% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990, 2024 View filing
Data from IRS Form 990, 2024; updated September 2026.
Who 5050 Foundation funds
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2024
The largest 2024 recipient was Los Angeles Dodgers Foundation ($50K). Together the top 3 received $78K.
Grant Size Distribution
3 grants across all recorded years
The most common grant size was under $50K: 2 grants of 3 (67%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2024 grant dollars across all 3 itemized grants.
Cities
Giving History
Giving Over Time
Total grant dollars and number of grants per year
In 2024 it made 3 grants totaling $78K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Los Angeles Dodgers Foundation Los Angeles, CA | Support for Dreamfield Construction | $50,000 |
| JD Finish Line Youth Foundation Inc Indianapolis, IN | General Support | $15,000 |
| Fidelity Investments Charitable Gift Fund Boston, MA | General Support | $12,500 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants |
|---|---|---|---|---|---|
| 2024 | $163,415 | $397,842 | $272,980 | $77,500 | 3 |
| 2023 | $38,553 | $149,408 | $126,144 | — | — |
About 5050 Foundation
Based on IRS filings
5050 Foundation is a public charity focused on Recreation & Sports, based in Nashville, TN. IRS filing data is available from 2023 through 2024. As of 2024, the organization holds $163K in total assets. In 2024, it awarded 3 grants totaling $78K.
Focus Areas
Leadership & Key People
Officers and directors from IRS filings
5050 Foundation is led by Brianna Betts, Co-Founder & President on every filing since 2023; none of the 5 officers listed in 2024 report compensation.
Officers on the 2024 filing
Brianna Betts
Co-Founder & President
On filings since 2023
1 hr/week
No compensation reported
Cam Lewis
Chair Person
On filings since 2023
1 hr/week
No compensation reported
Andrew Montgomery
Secretary
On filings since 2023
1 hr/week
No compensation reported
Brandon McPhail
Vice President
On filings since 2023
1 hr/week
No compensation reported
Mookie Betts
Founder
On filings since 2023
1 hr/week
No compensation reported
Data from IRS Form 990 filings, 2023–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about 5050 Foundation
How much does 5050 Foundation give each year?
5050 Foundation gave $78K across 3 grants in 2024, according to its 2024 IRS Form 990.
What is 5050 Foundation's typical grant size?
5050 Foundation's median grant in 2024 was $15,000, and its average grant was $25,833, across 3 grants on its 2024 IRS Form 990.
Where does 5050 Foundation give grants?
5050 Foundation gives mostly in California: 65% of the grant dollars itemized on its 2024 IRS Form 990 went to recipients there. The next largest states were Indiana (19%) and Massachusetts (16%).
Does 5050 Foundation give general operating support?
Yes: 67% of 5050 Foundation's 2024 grants with a stated purpose (2 of 3) were for general or operating support, per its 2024 IRS Form 990.
How large is 5050 Foundation?
5050 Foundation reported $163K in total assets on its 2024 IRS Form 990. Its revenue that year was $398K.
What is 5050 Foundation?
5050 Foundation is a public charity focused on Recreation & Sports, based in Nashville, TN. It holds $163K in total assets as of 2024.
What is 5050 Foundation's EIN?
5050 Foundation's EIN (Employer Identification Number) is 86-2202687. IRS Form 990 filing data is available on this page for 2023–2024.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(2)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2024 (received by the IRS November 17, 2025)
- IRS filings on file for fiscal years 2023–2024
Live grants for the work 5050 Foundation funds
Recreation & Sports Open opportunities, soonest deadline first.
Explore Open Grants
Browse active grant opportunities in 5050 Foundation's focus areas in our free grants database
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Figures come from 5050 Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
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