ABOUT RPC SPONSORSHIP
The NABI Foundation is making a difference in the communities where Native American youth live, play and dream and that is why we are a proud sponsor. Aside from NABI Foundation being the largest all Native American Basketball Invitational, it has become an organization more than just basketball; it is an educational platform that provides Native American youth a vehicle to succeed beyond the court. In addition to the Foundation’s youth programs, it has awarded over $290,000 in scholarship funds since its inception.
WHAT IS THE NABI
The Foundation was founded by three individuals to provide educational programs for Native youth, yet is not owned by its Founders. It is governed by a Board of Directors – a group of individuals with strong business credentials – whose role predominately includes review and approval of the strategic plan, annual budget, and holding accountable employees to adhere to best non-profit practices. Contrary to “for-profit” companies, our profits at year-end are reserved by the Foundation and utilized for the proceeding year’s budget and programs, hence why the IRS grants non-profits a “tax-exempt” status and tax credit to donors to enhance the Foundation’s programs for the Youth and Communities the Foundation serves. The IRS, as well as the Foundation’s donors, like to see 70% of the annual budget (donations secured) extended to the non-profit’s programs; the NABI Foundation allocated over 83% of its donations to our Programs in 2018. Our goal is to continually allocate 80% or higher to programs annually.