About

Today there are 770,000 registered nonprofits in the US. Annually they raise more than $5 billion from individual donors mostly through events and online solicitations by fundraisers.

Is this working? What problems has the current system solved? What did the $5 billion do?

The Sportsgrants Foundation was designed to accomplish nothing less than revolutionizing a system that cannot account for a $5 billion investment made by millions of donors.

First we changed the terms. We don’t have fundraisers, we have Account Managers. We don’t have “Donors,” we have Investors.

We clearly define the problem we are going to solve, how much it will cost to solve it, nd when we can solve it.

We then choose an athletic community we feel has a real affinity for solving the problem we’re aiming to solve.

We invite Account Managers to register online, and revruit investors for their solution. We also charge the Account Managers with inviting other Account Managers to create new circles of investors.

Next we create a “Non Event.” Since all of our account managers were originally identified by their passion for a particular sport, all we ask them to do is dedicate one specific day to participate in their sport and asking their investors to support their solution on that one day with a small investment made online.

Once the day is over, we provide our Account Managers and Investors with a balance sheet and P$L for the Non Event. We then retain 20% to cover our operating expenses and deliver the balance in one of two methods towards the solution:

1. We have pre-determined a hard cost solution. For example, 500,000 American families currently rely on the Food Bank system for at least one meal a day. We have determined that the cost of a meal is .77. We’ve agreed to provide 25 Food Banks in hard hit areas with enough funding to meet the needs of their communities for one year. The pre determined hard cost was $2 million providing xx meals. Our Account Managers and Investors created a pool of $x which Sportsgrants delivers according to the budgets and provides a monthly accounting of the use of funds.

2. We work with an organization that has a solution-method lready in place that can be assigned a hard cost. For example this year we found that the Special Operations Warrior Foundation provides college scholarships to every child of every Special Operations team member who loses his life in the line of duty. We worked with SOWF to determine the average cost of a scholarship. We agreed to use a portion of our Fight Gone Bad “Non Event” to provide 60 scholarships at a cost of $750,000. Eventually we added 32 more scholarships when 32 children lost their fathers when the Chinook helicopter they were being transported in was shot down in Afghanistan. The Fight Gone Bad non event took plave on September 26, 2011. On December x 2011, we handed a check for $1.1 million to SOWF.