2025-05-13T10:14:49+00:00 2024-09-30 440160260 Forvis Mazars LLP 1201 Walnut Suite 1700 Kansas City MO 641062246 990 2023-10-01 061560942 National Association of Basketball Coaches Foundation Inc NATI 8168786222 30 W Pershing Road Suite 840 Kansas City MO 64108 CRAIG ROBINSON Executive Director 8168786222 2025-05-13 true Michael Engle P00482834 8162216300 2025-05-13 2023 2025-03-06 01:10:19Z X NABC Foundation CRAIG ROBINSON 30 W Pershing Road Suite 840 Kansas City MO 64108 1578332 false X WWW.NABCFOUNDATION.ORG X 1999 MO THE NABC FOUNDATION WAS ORGANIZED EXCLUSIVELY FOR CHARITABLE AND EDUCATIONAL PURPOSES TO FURTHER THE GAME OF BASKETBALL AND PROVIDE FOR COACHES IN NEED. 22 22 34 22 1841 0 215530 8676 883280 723377 20871 29718 785054 801737 1904735 1563508 19500 58500 0 0 1003204 973607 0 0 0 1145072 972550 2167776 2004657 -263041 -441149 9982043 9359623 896898 699239 9085145 8660384 THE FOUNDATION IS ORGANIZED EXCLUSIVELY FOR CHARITABLE AND EDUCATIONAL PURPOSES. SPECIFICALLY, THE FOUNDATION EDUCATES THE PUBLIC BY PROMOTING AN UNDERSTANDING AND AWARENESS OF THE HISTORY OF COLLEGE BASKETBALL; EDUCATES THE PUBLIC BY PROMOTING EVENTS FOCUSING ON THE IMPORTANCE OF FANS TO THE GAME OF BASKETBALL AND TO PROVIDE OPPORTUNITIES FOR FAN EDUCATION AND INTERACTION; RECOGNIZES THE ACHIEVEMENTS OF PLAYERS, COACHES AND TEAMS THROUGH THE NATIONAL COLLEGIATE BASKETBALL HALL OF FAME; PROMOTES FITNESS, NUTRITION AND GENERAL HEALTH AS A MEANS TO PLAY OR BE INVOLVED IN A BASKETBALL PROGRAM; PROVIDES A FORUM FOR EDUCATION PROGRAMS AND INTERACTION AMONG COLLEGE COACHES AND PLAYERS AND OTHER CHARITABLE GROUPS; AND CORRELATES THE GAME OF BASKETBALL WITH THE GENERAL OBJECTIVES OF EDUCATION. false false 1710726 0 1523273 The College Basketball Experience (CBE) is a state-of-the-art experiential facility located in Kansas City, Missouri. It was built to celebrate the game of men's collegiate basketball. The CBE is also the home of the National Collegiate Basketball Hall of Fame. Included among the many exhibits at the CBE are various interactive tests of basketball skills, all simulating the sights and sounds of a real college basketball game. The rich history and traditions of men's college basketball, including the values imparted in and life-changing impact of coaching and playing the game, are portrayed throughout the facility. 59226 58500 0 THE BENEVOLENT FUND IS INTENDED TO PROVIDE FINANCIAL AND OTHER ASSISTANCE TO MEMBERS OF THE NATIONAL ASSOCIATION OF BASKETBALL COACHES (NABC) WHO SUFFER SEVERE ECONOMIC OR EMOTIONAL STRAIN DUE TO VARIOUS CIRCUMSTANCES. TO BE ELIGIBLE FOR ASSISTANCE FROM THE BENEVOLENT FUND, THE INDIVIDUAL MUST BE A CURRENT MEMBER OF THE NABC WHO IS IN NEED OF ASSISTANCE DUE TO JOB LOSS, SERIOUS ILLNESS, DEATH OF A FAMILY MEMBER, DISASTER OR OTHER SIMILAR CIRCUMSTANCES. 1769952 true false false false false false false false true true false false false false false false false false false false false false false false false false false true true false false false false false false false false false false false false false false false false false true 9 0 true 34 true true true false false false false false false false false false false false X 22 22 false false false false true true false true true false false true true true true true true true false false X STEPHANIE WHITCHER 8168786222 30 W Pershing Road Suite 840 Kansas City MO 64108 Mike Krzyzewski Director/Past President 0.3 0.0 X X 0 0 0 Roy Williams Director/Past President 0.3 0.0 X X 0 0 0 Arne Duncan Director 0.3 0.0 X 0 0 0 Bill Self Director 0.3 0.0 X 0 0 0 Bob Green Director 0.3 0.0 X 0 0 0 Bob Johnson Director 0.3 0.0 X 0 0 0 Dan Gavitt Director 0.3 0.0 X 0 0 0 David Miller Director 0.3 0.0 X 0 0 0 Denny Holman Director 0.3 0.0 X 0 0 0 Doug Lowey Director 0.3 0.0 X 0 0 0 Eric Lautenbach Director 0.3 0.0 X 0 0 0 Gene Keady Director 0.3 0.0 X 0 0 0 Jay Wright Director 0.3 0.0 X 0 0 0 Jim Boeheim Director 0.3 0.0 X 0 0 0 John W Rogers Jr Director 0.3 0.0 X 0 0 0 Mike Jarvis Director 0.3 0.0 X 0 0 0 Peter Thompson Director 0.3 0.0 X 0 0 0 Tom Folliard Director 0.3 0.0 X 0 0 0 Tom Izzo Director 0.3 0.0 X 0 0 0 Tommy Amaker Director 0.3 0.0 X 0 0 0 Tubby Smith Director 0.3 0.0 X 0 0 0 William D Wagner Director 0.3 0.0 X 0 0 0 Andrew Burczyk Treasurer 0.3 0.0 X 0 0 0 Craig Robinson Executive Director 2.0 0.0 X 0 0 0 Kevin Henderson CEO AND CMO OF THE CBE 40.0 0.0 X 202398 0 33150 Stephanie Whitcher CFO 16.0 0.0 X 0 0 0 202398 0 33150 1 false true false 0 8676 8676 College Basketball Experience 711210 723377 723377 0 0 0 0 723377 29718 29718 799896 799896 0 0 0 0 16665 14824 1841 1841 0 0 0 0 0 1563508 1523273 1841 29718 58500 58500 232060 208854 23206 541926 471303 70623 40603 33539 7064 102483 97836 4647 56535 50734 5801 31022 31022 26872 26872 56345 4842 51503 0 14781 14781 37102 37025 77 165361 165361 5259 5259 11865 11865 457986 457986 51375 40964 10411 Exhibits Maintenance 35323 35323 Building Repairs / Maintenance 31229 31229 User Fees 9867 9867 Awards / Gifts 1155 1155 37008 34684 2324 0 2004657 1769952 234705 0 2379 3637 2005501 2077518 91370 8646 0 0 0 0 7363 8168 10900 10008 14892547 7942362 7379457 6950185 0 0 485073 301461 9982043 9359623 542011 370270 28252 42334 0 0 326635 286635 0 0 896898 699239 X 8615923 8242466 469222 417918 9085145 8660384 9982043 9359623 -441149 16388 0 X false false false X 196311 316586 502584 215530 8676 1239687 0 0 196311 316586 502584 215530 8676 1239687 79994 1159693 936094 945992 988983 1059938 829614 4760621 0 0 0 0 0 0 0 6000308 3862473 0.1933 0.2705 X Schedule A, Part II, Line 17a FACTS AND CIRCUMSTANCES TEST The NABC Foundation is organized and operated to attract new and additional public support on a continuous basis. Its support comes from contributions received from the public, admissions to the College Basketball Experience (an experiential facility/museum that is open to the public), income from rental of the College Basketball Experience and investments. NABC Foundation has historically met the 33 1/3% public support test. Their percentage has declined below this threshold for the last two years, due to a decline in fundraising following the Covid pandemic and royalties from a licensing agreement that expired August 31, 2024. However, the public support percentages calculated for these years still exceeds the 10% minimum support limitation. NABC Foundation has a diverse board and funding sources. It anticipates a reinvigorated effort to re-establish its fundraising abilities in the coming years. 870589 155730 -283612 58500 789 683418 588787 304185 -2078 19500 805 870589 580752 59470 -37633 13000 802 588787 533499 67529 4984 24500 760 580752 531229 60917 873 58795 725 533499 0.56 0.44 false false 12871256 6166943 6704313 2021291 1775419 245872 6950185 Schedule D, Part X, Line 2 UNCERTAIN TAX POSITIONS MANAGEMENT HAS EVALUATED THEIR INCOME TAX POSITIONS UNDER THE GUIDANCE INCLUDED IN ASC 740. BASED ON THEIR REVIEW, MANAGEMENT HAS NOT IDENTIFIED ANY MATERIAL UNCERTAIN TAX POSITIONS TO BE RECORDED OR DISCLOSED IN THE FINANCIAL STATEMENTS. Schedule D, Part V, Line 4 Intended uses of endowment funds THE BOARD HAS DESIGNATED FUNDS TO BE SET ASIDE TO FUND FUTURE OPERATION AND CAPITAL NEEDS. IN ADDITION, THE BOARD DESIGNATED A BENEVOLENT FUND TO BENEFIT COACHES BELONGING TO NATIONAL ASSOCIATION OF BASKETBALL COACHES THAT ARE EXPERIENCING SEVERE FINANCIAL AND ECONOMIC STRAIN. true BENEVOLENT FUND 9 58500 Schedule I, Part I, Line 2 Procedures for monitoring use of grant funds. ALL APPLICANTS FOR BENEVOLENT FUND SUPPORT MUST SUBMIT A COMPLETED APPLICATION. THE APPLICATIONS ARE REVIEWED TO ENSURE THAT THE APPLICANT IS ELIGIBLE FOR FUNDING UNDER THE BENEVOLENT FUND CRITERIA. THE APPLICATIONS ARE SUBMITTED TO THE BENEVOLENT FUND COMMITTEE WHO REVIEW AND DISCUSS THEM. THE COMMITTEE APPROVES OR DISAPPROVES THE APPLICATIONS. ALL APPROVED APPLICATIONS ARE MAINTAINED ALONG WITH A COPY OF THE CHECK OR ELECTRONIC PAYMENT. DISAPPROVED APPLICATIONS ARE ALSO MAINTAINED IN A SEPARATE FILE. X X X X false false false false false false false false false Kevin Henderson CEO AND CMO OF THE CBE 182398 0 20000 0 0 0 20240 0 12910 0 235548 0 0 0 Form 990, Part VI, Line 15a PROCESS TO ESTABLISH COMPENSATION OF TOP MANAGEMENT OFFICIAL The Foundation's budget committee is charged with evaluating and setting officer and key employee compensation. This process is performed periodically. Various tools such as Form 990 of other organizations and compensation surveys are used to assist the committee with their review. The last compensation study was done by an independent third-party consultant in 2020. The budget committee presents the compensation to the full board of directors for discussion and approval as part of the budget approval process. Form 990, Part VI, Line 6 Classes of members or stockholders CLASS A DIRECTORS SHALL BE THE MEMBERS OF THE FOUNDATION. Form 990, Part VI, Line 7a Members or stockholders electing members of governing body THE FOUNDATION'S BY-LAWS INDICATE THAT THE BOARD OF DIRECTORS SHALL BE COMPRISED OF TWO CLASSES OF DIRECTORS, CLASS A AND CLASS B. THE CLASS A DIRECTORS MUST BE AN ACTIVE OR FORMER COACH AND A CURRENT MEMBER OF THE NATIONAL ASSOCIATION OF BASKETBALL COACHES. CLASS A DIRECTORS CONSIST OF UP TO ELEVEN PERSONS WHO ARE ELECTED BY MEMBERS OF THE FOUNDATION. CLASS B DIRECTORS SHALL CONSIST OF UP TO 20 INDIVIDUALS AND BE ELECTED BY CLASS A DIRECTORS. Form 990, Part VI, Line 11b Review of form 990 by governing body THE FOUNDATION'S FORM 990, FORM 990-T (HEREIN CALLED FORM 990) IS PREPARED BY THE FOUNDATION'S STAFF AND REVIEWED BY AN INDEPENDENT CERTIFIED PUBLIC ACCOUNTANT (CPA). AT THE DIRECTION OF THE FOUNDATION'S STAFF, THE CPA EXTENDS THE DUE DATE OF THE FORM 990 SO THAT IT CAN BE PRESENTED TO THE BOARD OF DIRECTORS AT THE ANNUAL SPRING MEETING. THE FOUNDATION'S STAFF REVIEWS A DRAFT OF FORM 990 WITH THE EXECUTIVE COMMITTEE OR THE BOARD OF DIRECTORS. THE EXECUTIVE COMMITTEE AND/OR BOARD OF DIRECTORS APPROVE THE FORM 990 AND THEIR APPROVAL IS DOCUMENTED IN THE MINUTES. SUBSEQUENT TO THE EXECUTIVE COMMITTEE/BOARD OF DIRECTORS' APPROVAL, THE CPA, AT THE DIRECTION OF THE FOUNDATION'S STAFF, ELECTRONICALLY FILES THE FORM 990 WITH THE INTERNAL REVENUE SERVICE. Form 990, Part VI, Line 12c Conflict of interest policy THE FOUNDATION CONDUCTS PERIODIC REVIEWS FOR MONITORING PROPOSED AND ONGOING TRANSACTIONS OF CONFLICT OF INTEREST. THE FOUNDATION REQUIRES THAT EACH DIRECTOR AND MEMBER OF A COMMITTEE WITH GOVERNING BOARD DELEGATED POWER SIGN AN ANNUAL STATEMENT WHICH AFFIRMS THAT THEY HAVE RECEIVED A COPY OF THE CONFLICT OF INTEREST POLICY; HAVE READ AND UNDERSTAND THE POLICY; HAVE AGREED TO COMPLY WITH THE POLICY; AND UNDERSTAND THAT THE FOUNDATION IS TAX-EXEMPT AND MUST ENGAGE PRIMARILY IN ACTIVITIES THAT ACCOMPLISH ITS TAX-EXEMPT PURPOSE. THE COMMITTEE WITH GOVERNING BOARD DELEGATED POWER DETERMINES WHETHER A CONFLICT OF INTEREST HAS OCCURRED BASED ON THE DISCLOSURE OF THE FINANCIAL INTEREST AND ALL MATERIAL FACTS OF AN INTERESTED PERSON. THIS COMMITTEE REVIEWS ALL COMPENSATION ARRANGEMENTS AND BENEFITS TO DETERMINE IF THEY ARE REASONABLE. THE FOUNDATION'S POLICY COVERS AL INTERESTED PERSONS WHO ARE DEFINED AS ANY DIRECTOR, PRINCIPAL OFFICER OR MEMBER OF A COMMITTEE WITH GOVERNING BOARD DELEGATED POWERS WHO HAVE A DIRECT OR INDIRECT FINANCIAL INTEREST IN THE FOUNDATION. THE COMMITTEE WILL ALSO REVIEW ACTUAL CONFLICTS OF INTEREST. IN THE EVENT OF A CONFLICT OF INTEREST, THE COMMITTEE WILL DETERMINE IF ANY RESTRICTIONS SHOULD BE IMPOSED ON THE INTERESTED PERSON. Form 990, Part VI, Line 19 Required documents available to the public THE FOUNDATION HAS A PUBLIC INSPECTION POLICY. THIS POLICY STATES THAT ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC FOR REVIEW DURING THE REGULAR BUSINESS HOURS AT 30 W. PERSHING ROAD, SUITE 840, KANSAS CITY, MO 64108. ANY REQUEST FOR SUCH FILINGS WILL BE FULFILLED WITHOUT CHARGE EXCEPT FOR THE COST TO REPRODUCE AND MAIL THE FILING. ALL REQUESTS MUST BE MADE IN PERSON OR IN WRITING. IF THE REQUEST IS MADE IN PERSON, THE COPIES SHALL BE PROVIDED IMMEDIATELY. FOR ANY WRITTEN REQUESTS, THE FOUNDATION SHALL PROVIDE FILINGS WITHIN 30 DAYS OF THE REQUEST.