Frequently Asked Questions about the FC Boulder Financial Assistance Program
How much money does FC Boulder need to raise each year for the Financial Assistance Fund?
The need in our community is great. Over the past four years, we have seen continued increases in requests for financial assistance. In 2015-16, we expect over 200 families will qualify for financial assistance. We set a yearly target of raising $75,000 in support of players and families in financial need.
Is FC Boulder a Non-Profit organization?
Yes, FC Boulder is a 501(c)3 Non-Profit organization. All your contributions to our club are tax deductible. FC Boulder’s FEIN is: 84-1249607.
How does FC Boulder decide who gets an award?
The profiles of families receiving aid range widely… single parent households, families with multiple children participating in soccer, grandparents who are legal guardians of their grandchildren, even young adults who may be presently living on their own and providing for their own needs. Regardless, a rigorous process is used to screen all applicants and determine those families that are eligible for aid. Families with a demonstrated yearly income greater than $55,000 are not eligible for an award. Please see the “Who we Help” page of the website for a more detailed description of the process we use to identify qualifying families.
How does FC Boulder decide how much each player receives?
We use a structured and objective set of criteria to determine award amounts. Yearly income, as well as the total number of members living in the household, are primary indicators of the award category into which each eligible family falls.
How much should I give?
Our goal is that every family in our club will be able to give something toward the goal of providing financial aid for FC Boulder families who otherwise may not be able to afford participation in soccer. We recommend a donation of $30 per child in the Club. For some of you, that may be a prohibitively significant contribution. Others may be able to give more. Regardless, we hope you will choose to donate in some amount to FC Boulder. To a certain extent, if 100% of our membership were to participate in the fundraising campaign, we will have already won the battle perhaps not totally in terms of cumulative financial need, but in terms of the community support and togetherness that is a driving value of FC Boulder.
How did FC Boulder arrive at the recommendation of a $30 per child?
We estimate that it will take $75,000 to cover the financial needs of the FC Boulder community on a yearly basis. If each of our nearly 2000 players were to give $30, we would cover nearly 80% of projected need.
Aren’t our registration fees enough?
Registration fees are calculated based on the hard cost of fielding a team in our Club. The registration fee covers the cost of, for example: referees, field rental, coaching stipend, mandatory player insurance, state registration fees, etc. A portion of each fee also covers the operating costs of the Club, such as rent, administrative salaries, equipment and supplies, etc. It can add up quickly, no doubt. However, within the registration fee, there is no money set aside for financial aid.
I would like to support the FC Boulder Financial Assistance Program, give to but I am uncomfortable giving $30. What do I do?
We are grateful for any amount you might be able to give. We understand that your donating to the Club is a voluntary choice and we appreciate any amount that you are comfortable providing. Remember… all donations to FC Boulder are tax deductible.
Who can give to the FC Boulder Foundation? Other family? Friends?
We encourage all those in our community, and beyond, to support the development of young people in our community. Alumni, grandparents, family friends, relatives from afar… we welcome donations from all corners, and promise to be good stewards of the money that is raised for the families and players of FC Boulder.
I still have questions. Who can I contact about the FC Boulder Foundation?
Please feel free to direct any questions you may have about the FC Boulder Foundation, to FC Boulder’s Executive Director, Adam Hayes (email@example.com).