Green Bay Packers Foundation

The Green Bay Packers Foundation is a charitable organization based in Green Bay, Wisconsin. Established in 1986, the Foundation's original purpose was to ensure continued charitable donations by the Green Bay Packers football team. Although it is legally a separate entity from the Packers, a Board of Trustees consisting of 10 members of the Green Bay Packers Board of Directors leads the Foundation. It receives most of its funding from the team. The Foundation provides grant opportunities to Wisconsin-based 501(c)(3) organizations for community improvement projects. As of August 2018, the Foundation has donated more than $9.8 million and maintains an endowment fund exceeding $32 million.

Green Bay Packers Foundation
Green Bay Packers Foundation Logo
Formation1986
FounderJudge Robert J. Parins
Type501(c)(3)
PurposeCommunity outreach
Headquarters
Region
Wisconsin
AffiliationsGreen Bay Packers
Websitewww.packers.com/community/packers-foundation

History

Judge Robert J. Parins, who was the president of the Green Bay Packers from 1982 to 1989, founded the Green Bay Packers Foundation in 1986.[1][2] His desire was for the Foundation to be the charitable arm of the Packers organization and to ensure the team maintained strong community outreach. The Foundation has maintained a close relationship with the Packers organization since its founding.[3]

Organization

Lambeau Field
Lambeau Field, the home of the Green Bay Packers and the Foundation's headquarters

The Packers Foundation is a 501(c)(3) organization[4] headquartered at Lambeau Field in Green Bay, Wisconsin. It is led by a 10-person Board of Trustees drawn from the Green Bay Packers Board of Directors. The Trustees review the yearly grant applications and decide how much money is to be provided to each applicant. Even though the Foundation is legally a separate entity and not part of the Green Bay Packers organization, it closely follows the goals of the Packers. It is the primary instrument the team uses for charitable giving.[1] This is reinforced by the fact the Green Bay Packers are the primary financial contributor to the Foundation. As of August 2018, the Foundation has amassed an endowment fund totaling over $32 million.[5]

The Foundation also has a unique role if the Green Bay Packers are ever sold. The Packers are the only publicly owned team in the National Football League. Instead of a single owner, the organization is owned by 361,169 shareholders[6] who elect a Board of Directors and Executive Committee each year.[7] If the shareholders were to decide to sell the team, the proceeds of the sale would not go to the shareholders. Instead, the Packer's bylaws state the proceeds would go to the Packers Foundation to fund charitable causes. The original bylaws stated the proceeds of any sale would be given to a local American Legion post to fund "a proper soldier's memorial". However, the shareholders voted to change the bylaws in 1997 to their current wording.[8][9] As of July 2018, Forbes estimates the Packers are worth $2.55 billion.[10]

Activities

The Foundation offers grant opportunities to Wisconsin-based charitable organizations to fund projects that further its mission. As of August 2018, the Foundation's mission is to assist local organizations which promote families, support athletic competitions, improve the welfare of Green Bay Packers players and fans, promote the education and safety of children, and reduce cruelty to animals.[1] The grant opportunities are open to eligible organizations that apply during three-year cycles. Each year has a different focus area that falls under the Foundation's mission.[3] In 2018, the Packers Foundation awarded $1.25 million worth of grants to five organizations that work in the areas of art, athletics, and education; this was the highest total awarded in a single year in the Foundation's history.[11] The yearly amount of charitable giving has risen significantly since 2014, totaling about $3.5 million.[12] In comparison, from 1986 to 2013, the amount of charitable giving was $6.3 million. In total, the Foundation has provided $9.8 million in grants since its formation.[13]

References

  1. ^ a b c "Green Bay Packers Foundation". Green Bay Packers, Inc. 2018. Archived from the original on August 8, 2018. Retrieved August 7, 2018.
  2. ^ "Judge Robert J. Parins, Packers' first full-time president, dies". USA Today Network. May 27, 2017. Retrieved August 7, 2018.
  3. ^ a b "Our View: Packers Foundation gives back". Green Bay Press-Gazette. Press-Gazette Editorial Board. December 9, 2017. Retrieved August 7, 2018.
  4. ^ "Green Bay Packers Fondation". Pro Publica, Inc. March 2016. Archived from the original on August 8, 2018. Retrieved July 25, 2018.
  5. ^ Ryamn, Richard (July 16, 2018). "Packers' set new records with 2017 revenue, expenses". USA Today Network. Retrieved July 25, 2018.
  6. ^ "Green Bay Packers - Shareholders". Green Bay Packers, Inc. Archived from the original on July 23, 2018. Retrieved August 19, 2018.
  7. ^ Zirin, Dave (January 25, 2011). "Those Nonprofit Packers". The New Yorker. Archived from the original on August 7, 2018. Retrieved August 7, 2018.
  8. ^ Petchesky, Barry (December 8, 2011). "The Feel-Good Scam of Owning the Packers". Gizmodo Media Group. Archived from the original on August 6, 2018. Retrieved August 7, 2018.
  9. ^ Hruby, Patrick (January 30, 2011). "The right way? The Green Bay way". ESPN Internet Ventures. Archived from the original on August 4, 2018. Retrieved August 7, 2018.
  10. ^ Schuyler, David; George, John (July 19, 2018). "Green Bay Packers hold firm among world's 50 most valuable sports franchises: Forbes". Milwaukee Business Journal. Retrieved August 19, 2018.
  11. ^ Siegle, Evan (June 20, 2018). "Green Bay Packers Give Back awards $1.25 million in impact grants". Green Bay Packers, Inc. Archived from the original on August 8, 2018. Retrieved July 25, 2018.
  12. ^ "Green Bay Packers Foundation hands out record $1.25m in grants". WBAY-TV. June 20, 2018. Retrieved July 25, 2018.
  13. ^ Ryman, Richard (March 6, 2018). "Packers Foundation to give money for arts, athletics and education". Green Bay Press-Gazette. Retrieved July 25, 2018.

Coordinates: 44°30′6″N 88°3′37″W / 44.50167°N 88.06028°W

Green Bay Packers

The Green Bay Packers are a professional American football team based in Green Bay, Wisconsin. The Packers compete in the National Football League (NFL) as a member club of the league's National Football Conference (NFC) North division. It is the third-oldest franchise in the NFL, dating back to 1919, and is the only non-profit, community-owned major league professional sports team based in the United States. Home games have been played at Lambeau Field since 1957.

The Packers are the last of the "small town teams" which were common in the NFL during the league's early days of the 1920s and '30s. Founded in 1919 by Earl "Curly" Lambeau and George Whitney Calhoun, the franchise traces its lineage to other semi-professional teams in Green Bay dating back to 1896. Between 1919 and 1920, the Packers competed against other semi-pro clubs from around Wisconsin and the Midwest, before joining the American Professional Football Association (APFA), the forerunner of today's NFL, in 1921. Although Green Bay is by far the smallest major league professional sports market in North America, Forbes ranked the Packers as the world's 26th most valuable sports franchise in 2016, with a value of $2.35 billion.The Packers have won 13 league championships, the most in NFL history, with nine pre–Super Bowl NFL titles and four Super Bowl victories. The Packers won the first two Super Bowls in 1967 and 1968 and were the only NFL team to defeat the American Football League (AFL) prior to the AFL–NFL merger. The Vince Lombardi Trophy is named after the Packers' coach of the same name, who guided them to their first two Super Bowls. Their two subsequent Super Bowl wins came in 1996 and 2010.The Packers are long-standing adversaries of the Chicago Bears, Minnesota Vikings, and Detroit Lions, who today comprise the NFL's NFC North division, and were formerly members of the NFC Central Division. They have played over 100 games against each of those teams through history, and have a winning overall record against all of them, a distinction only shared with the Kansas City Chiefs and Dallas Cowboys. The Bears–Packers rivalry is one of the oldest in NFL history, dating back to 1921.

Green Bay Packers, Inc.

Green Bay Packers, Inc. is the official name of the publicly held nonprofit corporation that owns the Green Bay Packers football franchise of the National Football League (NFL).

The Packers are the only publicly owned franchise in the NFL. Rather than being the property of an individual, partnership, or corporate entity, they are held as of 2016 by 360,760 stockholders. No one is allowed to hold more than 200,000 shares, which represents approximately four percent of the 5,011,558 shares currently outstanding. It is this broad-based community support and non-profit structure which has kept the team in Green Bay for nearly a century in spite of being the smallest market in all of North American professional sports.

Green Bay is the only team with this public form of ownership structure in the NFL, grandfathered when the NFL's current ownership policy stipulating a maximum of 32 owners per team, with one holding a minimum 30% stake, was established in the 1980s. As a publicly-held nonprofit, the Packers are also the only American major-league sports franchise to release its financial balance sheet every year.

History of the Green Bay Packers

The Green Bay Packers are a professional American football team that has played professionally in the National Football League (NFL) since 1921. The team was founded in 1919 by Curly Lambeau and George Whitney Calhoun, and for the next two years played against local teams in Wisconsin and Michigan. In 1921, the Packers joined the American Professional Football Association, the precursor to the (NFL) with Curly Lambeau as their coach. After falling into financial trouble, the Green Bay Football Corporation, now known as Green Bay Packers, Inc., was formed in 1923. The Packers became a publicly-owned football team run by a Board of Directors elected each year. The team went on to win six NFL championships from 1929 to 1944, including three straight (1929–1931). Along the way, Curly Lambeau, with the help of receiver Don Hutson, revolutionized football through the development and utilization of the forward pass.

After Curly Lambeau resigned from the Packers in 1949, the team fell into a slump. They did not have a winning record for 11 straight seasons until 1959, the year that the Packers hired a new coach, Vince Lombardi. Lombardi would go on to lead one of the most successful teams in league history. Thirteen Pro Football Hall of Famers played for Lombardi, including quarterback Bart Starr and linebacker Ray Nitschke. The Packers lost the 1960 NFL Championship, however they would go on to win five championships in seven years under Lombardi, including three straight between 1965 and 1967. This included the infamous Ice Bowl and the first two Super Bowls. After the passing of Curly Lambeau in 1965, the Packers new stadium (built in 1957 as City Stadium) was named Lambeau Field in his honor. Five years later, the Packers second great coach, Vince Lombardi, passed away, just two years after leaving the team for the Washington Redskins.

From 1968 to 1992 the Packers only made the playoffs twice. Even with former quarterback Bart Starr as head coach, the Packers were unable to regain their former glory. The team continued to falter until Ron Wolf took over as general manager. Wolf hired Mike Holmgren as head coach and traded a first-round draft pick to the Atlanta Falcons for quarterback Brett Favre. Favre would go on to lead the Packers to eleven playoffs appearances, two Super Bowl appearances, and one championship in 1996. In 1997, the Packers had their fourth stock sale, expanding the number of shareholders and using the money to fund further expansion of Lambeau Field. In 2005, the Packers drafted quarterback Aaron Rodgers. After Favre left the team in 2007, Rodgers became the starter. As of 2017, he has led the Packers to eight playoffs appearances and one Super Bowl victory in 2010. The Packers had their fifth and most recent stock sale in 2012, again expanding the number of shareholders and using the funding to expand Lambeau Field. With a capacity of 81,441, Lambeau Field is the fifth-largest stadium in the NFL. As of 2018, the Packers hold the record for the most NFL championships (13 total) and the second-most wins in NFL history.

Robert J. Parins

Robert James Parins (August 23, 1918 – May 26, 2017) was an American judge and the president of the Green Bay Packers, an American professional football team, from 1982 to 1989.

Franchise
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