MICHAEL PHELPS FOUNDATION
7 OCEAN STREET 2ND FLOOR, SOUTH PORTLAND, ME 04106 www.michaelphelpsfoundation.org

Total Revenue
$846,574
Total Expenses
$877,556
Net Assets
$1,062,952

Organizations Filed Purposes: THE ORGANIZATION'S MISSION IS TO PROMOTE HEALTHY, ACTIVE LIVES, ESPECIALLY FOR CHILDREN, PRIMARILY BY EXPANDING OPPORTUNITIES FOR PARTICIPATION IN THE SPORT OF SWIMMING.

UNFORTUNATELY, DROWNING HAS BEEN A NEGLECTED PUBLIC HEALTH ISSUE. ACCORDING TO THE CDC, FATAL DROWNING REMAINS THE SECOND-LEADING CAUSE OF UNITENTIONAL INJURY-RELATED DEATH BEHIND MOTOR VEHICLE CRASHES FOR CHILDREN 1 TO 14 YEARS OLD. RESEARCH SHOWS THERE ARE TWO KEY BARRIERS TO ENTRY THAT PREVENT CHILDREN FROM LEARNING TO SWIM: FEAR OF THE WATER AND LACK OF PARENTAL ENCOURAGEMENT. OUR GRANT TO THE BOYS & GIRLS CLUBS OF AMERICA IS TO SUPPORT THE 46 CLUBS ACROSS THE COUNTRY TO IMPLEMENT THE MICHAEL PHELPS FOUNDATION SIGNATURE IM PROGRAM TO ENCOURAGE HEALTHY AND ACTIVE LIFESTYLES THROUGH HEALTH AND WELLNESS EDUCATION, WATER-SAFETY COURSES, RECREATIONAL POOL ACTIVITIES AND SWIM TRAINING.FOLLOWING THE BELIEF THAT OPPORTUNITIES TO PURSUE EXCELLENCE IN SPORT SHOULD NOT BE LIMITED BY AN ATHLETE'S FINANCIAL SITUATION, THE LEVEL FIELD FUND STRIVES TO BRIDGE THE GAPS IN FUNDING TO UNIQUELY TALENTED ATHLETES. SIMPLY PUT, WE ARE FUNDING TALENT AND FUELING DREAMS FOR THE NEXT GENERATION OF OLYMPIC HEROES. WE PARTNERED WITH THE LEVEL FIELD FUND TO CREATE THE LEVEL FIELD FUND-SWIMMING GRANT TO SUPPORT TALENTED SWIMMERS WITH FINANCIAL NEED. TO LEARN MORE ABOUT THE LEVEL FIELD FUND-SWIMMING GRANT, DOWNLOAD A GRANT APPLICATION. TO ASSIST IN FUNDING TALENT & DREAMS, PLEASE VISIT WWW.LEVELFIELDFUND.ORG.

Executives Listed on Filing

Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing

NameTitleHours Per WeekTotal Salary
Marissa FortierMANAGING DIRECTOR/ASST SEC40$56,992
Michael LynchBOARD MEMBER2$0
Amber FriesBOARD MEMBER2$0
Lenny KrayzelburgTREASURER3$0
Robert BowmanBOARD MEMBER2$0
Deborah PhelpsSECRETARY3$0
Michael PhelpsPRESIDENT4$0

Data for this page was sourced from XML published by IRS (public 990 form dataset) from: https://s3.amazonaws.com/irs-form-990/202041409349300319_public.xml