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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Organizations Philanthropy, Voluntarism & Grantmaking The Sharks Foundation (USA) Inc.

The Sharks Foundation (USA) Inc.

Fiscal year ending 2024. Filed on November 5, 2025.

1285 Avenue Of The Americas 21st F
New York, New York 10019

The Sharks Foundation (USA) Inc. (EIN: 87-1747750) has filed an IRS Form 990 since fiscal year 2021. In its fiscal year 2024 IRS Form 990 filing, The Sharks Foundation (USA) Inc., a 501(c)(3) charitable organization, reported compensation for 0 out of 0 total employees.

Revenue, expenses, and employee compensation

Revenue

$46,442

Expenses

$18,536

Employee compensation

$0
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

No compensated employees were reported for this year.

Non-Employee Board Members

Marco V Masotti
President
Michaela S Masotti
Secretary
Tracy A Stein
Treasurer

Mission Statement

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.

Revisions to this organization profile

November 5, 2025:
2024 The Sharks Foundation (USA) Inc. 990 filed
November 13, 2024:
2023 The Sharks Foundation (USA) Inc. 990 filed
September 19, 2023:
2022 The Sharks Foundation (USA) Inc. 990 filed

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