Stewardship & Annual Reports
Funding Sources
We raise funds through community events, individual donations, and business sponsorships, with two signature events now anchoring our efforts. The Heart of Niko Golf Outing in Michigan and the Heart of Niko Pickleball Tournament in Florida both debuted to strong participation and overwhelming community support. These events generated critical funding and will serve as annual fundraisers to help sustain and grow the Foundation’s mission.
Financial Stewardship
The Heart of Niko Foundation is able to perform its vital work with revenue from two main funding sources:
- Contributions from individuals and corporate sponsors and other organizations (70%).
- Fundraising events (30%).
2025 Estimated Operating Expenses
The Heart of Niko Foundation is proud to report that substantially all dollars spent this calendar fiscal year will go directly to establish and support our mission.
Mission spending includes:
- Sports equipment and training
- Athlete and team sponsorships
- Athlete academic scholarships
- Donate Life education and support
Supporting services include:
- Start-up and application fees
- Fundraising expenses including website
- FY2025 Form 990 - coming second quarter of 2026
We are committed to transparency and accountability in all financial matters. Our financial documents are available for public review to ensure confidence in our stewardship of the resources entrusted to us.
The Heart of Niko Foundation is a nonprofit organization recognized as tax-exempt under Section 501(c)(3) of the Internal Revenue Code. The Foundation is listed in the IRS Publication 78 database as eligible to receive tax-deductible charitable contributions. The Foundation’s Federal Tax Identification Number is 33-2872702.