Basketball4all is a non-profit, educational, training and promotional organization which will be incorporated in the State of California to provide a variety of camps, clinics, competitions, and events for the benefit of the entire basketball community.
Basketball4all, the Board of Directors, and our qualified entire staff, is first commited to the education and training of it's student/athletes, rather than the competition and exposure that is too readily emphasized in the game today. It is our belief that a proper background in the game of basketball, and the game of life, will prepare the players for any competition that they will face and that any subsequent exposure will be the end result of that development.
The Basketball4all Foundation is seeking the status of a charitable organization under section 501c3 of the Internal Revenue Code, and will be seeking benefactors to endow a wide variety of programs. The benefactor's donation will placed in a perpetual trust where the principal earns interest and provides the Foundation with perpetual support.
The funds from the endowments will be budgeted by the Board of Directors and used for:
Exhibitions and events
Lease and rental costs
Staff salaries and benefits
Tuitions and Scholarships
Research and Publications
Collection development, aquisitions and preservation
Land acquisition for a campus
Building and facilities construction and maintenance
Complex furnishings and supplies
Gymnasium and restaurant/cafe furnishings and supplies
An endowed gift is FOREVER.
Such a gift IMMORTALIZES either the benefactor or the party named by the endowment.
The endowment PERPETUALLY honors or memorializes a person, company or group.
Endowments can be made in memory or in honor of an individual such as a parent, spouse, deceased child or teacher/coach/friend whose influence has had an important impact upon the donor's life. The benefactor names the endowment in perpetuity.