Public Charity

THE SHARKS FOUNDATION (USA) INC C/O MARCO MASOTTI

Based in NEW YORK, NY, THE SHARKS FOUNDATION (USA) INC C/O MARCO MASOTTI operates as a Public Charity. The organization reported $46K in revenue, $19K in expenses, $29K in total assets for fiscal year 2024. Imperigo tracks 1 reported grant relationships connected to this organization totaling approximately $10K.

EIN: 871747750 NEW YORK, NY Latest filing: 2024
Total Revenue$46K
Total Expenses$19K
Total Assets$29K
Grant Records1
Funding Total$10K
Filing Years2021–2024

Mission

THE SHARKS FOUNDATION WORKS TO (I) PROVIDE SUPPORT, ASSISTANCE, RESOURCES, AND MENTORING TO CURRENT, FORMER, AND FUTURE PLAYERS, MANAGEMENT AND ASSOCIATES OF THE SHARKS RUGBY TEAM (AND THEIR FAMILY MEMBERS AND DEPENDENTS), (II) SUPPORT THE HUMANITARIAN OR CHARITABLE PURPOSES OF FOUNDATIONS AND SIMILAR ORGANIZATIONS ESTABLISHED OR LED BY CURRENT OR FORMER PLAYERS OF THE SHARKS RUGBY TEAM, (III) TO SUPPORT HUMANITARIAN OR RELIEF EFFORTS AND ACTIVITIES IN THE CITY OF DURBAN AND SURROUNDING COMMUNITIES IN THE PROVINCE OF KWAZULU NATAL THROUGH GRANTMAKING.

Sample Grants Received

2024
PUBLIC, SOCIETAL BENEFIT
$10,000

Showing up to 5 of 1 total records — full history available with membership.

Officers & Directors

PRESIDENT Marco V Masotti
SECRETARY Michaela S Masotti
TREASURER Tracy A Stein

Officer compensation and complete director data available with membership.

Top Grant Purposes

PUBLIC, SOCIETAL BENEFIT
$10,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $46K $19K $29K
2023 $66K $66K $1K
2022 $2K $2K
2021 $130K $127K $3K

Between 2021 and 2024, reported annual revenue declined from $130K to $46K (-64%), with total assets most recently reported at $29K.

Interactive year-over-year charts and full filing details available with membership.

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