Players Philanthropy Fund Inc logo

Players Philanthropy Fund Inc

TOWSON, MD EIN: 27-6601178 Website

Players Philanthropy Fund (PPF) is a 501(c)(3) public charity based in Towson, Maryland that provides fiscal sponsorship and back-office administration for charitable projects. Founded in 2010, PPF serves as a platform enabling philanthropists—including professional athletes, celebrities, corporations, and individuals—to create and manage dedicated charitable initiatives with tax-deductible contributions. The organization currently fiscal sponsors over 600 charitable projects operating across all 50 U.S. states and 35 countries.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$38.6M

+63.7% YoY

Annual Giving

$29.5M

+1058.2% YoY

Grant Count

268

+325.4% YoY

Avg Grant Size

$110K

+172.3% YoY

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

Mission Statement: To empower philanthropists and positively impact causes and communities in need globally, through sound, best-practiced-based philanthropic education, facilitation, and inspiration.

PPF's core approach centers on making giving back accessible by simplifying the philanthropic journey through back-office management. The organization supports a broad range of charitable initiatives, from youth programs to global relief efforts. Key focus areas include:

  • Philanthropic education and best practices
  • Fiscal sponsorship administration
  • Donor-advised fund management
  • Compliance support for charitable initiatives
  • Community impact and capacity building

Grantmaking

PPF operates as a fiscal sponsorship platform rather than a traditional grantmaker. The organization processes charitable gifts and facilitates distributions to qualified charitable organizations through its sponsored projects.

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Geographic Focus

Where this funder awards grants

PPF supports charitable projects in all 50 U.S. states and 35 countries internationally, reflecting its global reach in philanthropic administration.

Grant Distribution by State

47states
+39 more states

Cities

AlbanyAlbuquequeAlbuquerqueAlexander CityAlexandriaAlpharettaAmarilloAnaheimAnn ArborArlingtonAshburnAstoriaAtlantaAuroraAustinBaltimoreBell BuckleBentonvilleBereaBethesda

Financial History

Multi-year comparison from IRS filings

2024 Financial Data:

  • Total Revenue: $73.2 million
  • Total Expenses: $63.4 million
  • Total Assets: $38.6 million
  • Total Liabilities: $5.52 million

2023 Financial Data:

  • Annual Revenue: $37.5 million
  • Total Assets: $23.6 million
  • Total Giving: $12.4 million

2022 Financial Data:

  • Revenue: $44.3 million
  • Expenses: $31.3 million
  • Net Assets: $24.4 million

Staffing: 12 employees (as of 2024)

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$20M$40M$60M$81M20202021202220232024
Metric202420232022
Total Assets$38,619,463$23,586,226$24,735,306
Revenue$73,240,305$37,465,428$44,272,394
Expenses$63,369,365$41,607,183$31,308,734
Qualifying Distributions
Net Investment Income$669,062$151,084$-3,871
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$7M$15M$22M$30M67 grants202076 grants2021101 grants202263 grants2023268 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

DONORSCHOOSEORG$1.6MFAR AI INC$487KCONFERENCE USA$375KBEAT THE STREETS NATIONAL$291KBROWARD EDUCATION FOUNDA…$204KEARLY MATTERS INC$177KAMERICAS BIG SISTER FOUN…$130KDONOR ORGANIZER HUB$119KBAY LEAF BAPTIST CHURCH$100KCREATIVETS$100K

Grant Size Distribution

250 grants across all recorded years

175<$50K38$50–100K24$100–250K9$250–500K2$500K–1M2$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Leadership team and compensation from IRS filings

  • Founder: Matt Stover, 2x Super Bowl Champion and Baltimore Ravens "Ring of Honor" inductee
  • CEO/President: Seth McDonnell
  • Vice President/Trustee: John Stover

The organization was founded in 2010 when Matt Stover and Seth McDonnell partnered to address obstacles athletes faced in managing philanthropic endeavors and ensuring IRS compliance.

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
SETH A MCDONNELLPRESIDENT/TRUSTEE5
MATT STOVERVICE PRESIDENT/TRUSTEE5
ALAN S HELFERTREASURER/TRUSTEE2
JOE FOSSTRUSTEE1
PAUL FORMANTRUSTEE1
NIK KAPAUANTRUSTEE1
MAURA JACKSONTRUSTEE1

Recent News & Activity

Recent developments and announcements

Taylor Rooks, journalist and media personality, launched the Taylor Rooks Foundation through PPF to uplift and empower underserved communities

Taylor Rooks launches the Taylor Rooks Foundation to uplift ...
2024

THE PLAYERS Championship announced 2024 Red Coats' Community Grants recipients, indicating PPF's involvement in major sporting event philanthropic initiatives

THE PLAYERS Championship Announces 2024 Red Coats\u2019 Community Grants\

Subject Areas

Focus areas based on grantmaking activity

Related Funders

Similar funders by location and focus area

Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.

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