World Sports Inc

Public charity · Grantmaker Bonita Springs, FL EIN: 59-2229691

To encourage and stimulate national sports ministries in all countries

World Sports Inc at a glance

In short: World Sports Inc gave $300K across 2 grants in 2024 (avg $150K), mostly in California. Source: 2024 IRS Form 990.

Annual giving (2024)
$300,000
+1.4% vs 2023
Grants made (2024)
2
+0.0% vs 2023
Average grant
$150,000
+1.4% vs 2023
Median grant
$150,000
Total assets
$3,697,503
-5.8% vs 2023
Primary geography
California (67% of itemized 2024 grant dollars)
Latest 990 filing
Form 990, 2024 View filing

Data from IRS Form 990, 2024; updated September 2026.

Who World Sports Inc funds

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2024

Lead to Serve Inc: $200KLead to Serve Inc$200KSports Quest Inc: $100KSports Quest Inc$100K

The largest 2024 recipient was Lead to Serve Inc ($200K). Together the top 2 received $300K.

Grant Size Distribution

18 grants across all recorded years

3<$50K5$50–100K7$100–250K1$250–500K1$500K–1M1$1–5M$5M+

The most common grant size was in the $100–250K range: 7 grants of 18 (39%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

2states

Share of 2024 grant dollars across all 2 itemized grants.

Cities

CarlsbadCypress

How World Sports Inc gives

  • Giving fell 88% from 2021 to 2024. Method

From the foundation's IRS Form 990 filings. Methodology.

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$1M$2M$3M7 grants2020 5 grants2021 2 grants2022 2 grants2023 2 grants2024

From 2020 to 2024, annual grant giving ranged from $150K (2022) to $2.4M (2021). In 2024 it made 2 grants totaling $300K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Lead to Serve Inc Carlsbad, CAIsls Costs$200,000
Sports Quest Inc Cypress, TXNasm - USA Ministry Development$100,000
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsNet Investment Income
2024$3,697,503$2,534,990$2,770,657$300,0002$120,953
2023$3,926,102$2,351,264$2,390,356$296,0002$59,764
2022$4,080,194$2,402,788$2,852,793$150,0002$24,533
2021$4,415,199$3,226,167$3,529,827$2,426,0005$15,209
2020$4,718,859$2,786,604$1,497,805$1,004,8007$84,694

About World Sports Inc

Based on IRS filings

World Sports Inc is a public charity focused on Recreation & Sports, based in Bonita Springs, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $3.7M in total assets. In 2024, it awarded 2 grants totaling $300K. Net investment income was $121K.

Focus Areas

Leadership & Key People

Officers and directors from IRS filings

World Sports Inc is led by Edward P. Waxer, President on every filing since 2020; 1 of 7 officers listed in 2024 is compensated.

Officers on the 2024 filing

  • Edward P. Waxer

    President

    On filings since 2020

    40 hrs/week

    $176K (2020) → $176K (2024)

  • Dan Caldwell

    Director

    On filings since 2020

    No compensation reported

  • Austin Carr

    Corresponding Secretary

    Secretary → Corresponding Secretary, 2021

    On filings since 2020

    No compensation reported

  • Cary Drake

    Vice President

    On filings since 2020

    No compensation reported

  • Hugh Morris

    Treasurer

    On filings since 2020

    No compensation reported

  • Ivan Bychkov

    On filings since 2020

    No compensation reported

  • John Yip

    Vice President

    On filings since 2020

    No compensation reported

Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2024 IRS filing

Edward P Waxer — President: $176KEdward P WaxerPresident$176K

The highest reported compensation on the 2024 filing was $176K, to Edward P Waxer (President).

Frequently asked questions about World Sports Inc

How much does World Sports Inc give each year?

World Sports Inc gave $300K across 2 grants in 2024, according to its 2024 IRS Form 990. In 2023 it gave $296K across 2 grants.

How large is World Sports Inc?

World Sports Inc reported $3.7M in total assets on its 2024 IRS Form 990. Its revenue that year was $2.5M.

What is World Sports Inc?

World Sports Inc is a public charity focused on Recreation & Sports, based in Bonita Springs, FL. It holds $3.7M in total assets as of 2024.

Where does World Sports Inc operate?

World Sports Inc has awarded grants in California, Texas.

What is World Sports Inc's EIN?

World Sports Inc's EIN (Employer Identification Number) is 59-2229691. IRS Form 990 filing data is available on this page for 2020–2024.

Data last updated September 2026. Sourced from IRS Form 990 filings.

Data update history

(3)

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990 for fiscal year 2022 (received by the IRS November 8, 2023)
  2. Updated Form 990 for fiscal year 2024 (received by the IRS October 29, 2025)
  3. IRS filings on file for fiscal years 2020–2024

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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from World Sports Inc'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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