Minnesota Timberwolves Fastbreak Foundation

Mission:

The Minnesota Timberwolves FastBreak Foundation provides and supports hands-on programs that positively impact Minnesota youth. Through giving, education and basketball opportunities, the Foundation enables young people to make responsible decisions, contribute to their futures and experience lifelong memories.

Grantmaking Objectives:

Each month during the 2007-2008 season the FastBreak Foundation will focus on a specific area of giving. The month will feature events, programs and a $10,000 grant to an organization that best fits the theme and fulfills the mission of the Foundation. Below is a list of the monthly themes.

October: New Season, New Beginnings
Organizations that offer youth a new direction or opportunity

November: Operation Minnesota Heroes
Organizations supporting Minnesota Military troops and their families

December: Season of Giving
Organizations that serve families in need during the holiday season

January: WolvesCare
Organizations that focus efforts on supporting children fighting life-threatening illness

February: Black History
Organizations that focus on supporting African American education, health or Heritage

March: Read to Achieve
Organizations that focus on literacy and encourage a life long love for reading

April: Fan Appreciation
Five organizations that may not be a good fit with the previously listed themes, but deemed in accordance to the mission of the Foundation, will be selected from the FastBreak Foundation Grant Selection Committee. These organizations will be presented to Timberwolves fans at Timberwolves home games and at www.Timberwolves.com. Fans will vote through an online and in-arena poll. The organization with the most votes will be awarded the grant.

Geographic Areas Served:	Minnesota (statewide)
Revenues:*	$328,028
Grants Disbursed:	$74,674
Net Assets:	$478,334

*Financials are for FY2006

Fastbreak Foundation Website

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