The Syracuse Silver Knight Foundation Inc.

Overview

The Syracuse Silver Knight Foundation Inc. is a nonprofit organization based in Syracuse, New York. It was established in 2013 as the charitable arm of the Syracuse Silver Knights, a professional indoor soccer team[2]. The foundation focuses on benefiting underprivileged individuals by providing them with opportunities related to soccer[3].

Purpose and Activities

The organization's primary goal is to extend charitable support, particularly through initiatives that utilize soccer as a platform for outreach. While specific details about ongoing projects are limited, the foundation's mission aligns with promoting youth development and community engagement[3].

Financial Information

Historical financial data indicates that the foundation relies heavily on contributions and fundraising activities. For example, in its fiscal year ending 2016, the organization received $29,274 in contributions and $25,100 from net fundraising efforts, totaling $54,374 in revenue[1]. However, more recent financial details, including specific expenditures or grants distributed in later years, are not readily available. As of 2023, the foundation did not report any grants[5].

Governance and Leadership

The organization has had various key personnel involved in its governance. In past years, Rick Sauter served as Executive Director, receiving compensation for his role, while other officers such as Paul Calabufo, Jess D'eredita, and Charles Ballon have contributed without financial compensation[1].

Status

The Syracuse Silver Knight Foundation Inc. operates as a public charity, eligible for tax-deductible donations. It falls under the category of philanthropy, voluntarism, and grantmaking foundations, as classified by the National Taxonomy of Exempt Entities (NTEE)[1][4].