One of the central commitments made by FSG ownership in 2002, was a pledge to be active participants in the communities where they operate. Today, those communities include all of New England, Southwest Florida’s Lee County, Pittsburgh, Pennsylvania, and Liverpool, England. FSG has successfully funded, run, and operated two well-established team charities that have become exemplary models in sports philanthropy and is working to build on the work of the Penguins Foundation in Pittsburgh.
Red Sox Foundation
After their acquisition of the Red Sox was finalized in 2002, FSG owners made a promise to the Attorney General of Massachusetts that a charitable foundation would be established and infused with at least $20 million within 10 years. The Foundation well surpassed that pledge within its first 10 years and to date, has contributed over $104 million in charitable contributions to date making it the largest team charity in American sports. Founded and initially funded by FSG partners, the Red Sox Foundation was established as the official Red Sox team charity. The Red Sox Foundation is a 501(c)(3) organization that has awarded more than 5,000 grants to non-profit organizations; provided over 1,500 scholarships for students to pursue higher education, supported 325 Boston Public Schools students through the Red Sox Scholars program with thousands of hours of tutoring and mentoring; helped over 30,000 Veterans and their family members suffering from the invisible wounds of war; supported the services of over 20,000 Massachusetts residents annually at The Dimock Center; and offered thousands of coaches and youth baseball and softball players access to clinics, equipment, and organized games and practices. In addition to this work, the Red Sox and Red Sox Foundation have sustained a 70-year partnership with The Jimmy Fund and helped raise over $156 million for Dana Farber cancer treatment and research.
Liverpool FC has been supporting its communities for over 30 years. Since FSG acquired the Club in 2010, FSG restructured the club’s community arm and created the LFC Foundation which became the official charity of Liverpool Football Club. Chairman Tom Werner and Linda Pizzuti Henry sit on the Board of Trustees and have been instrumental in the Foundation’s development. The Foundation focuses its work in three key areas of health and wellbeing, skills and education and community development to help deliver long term and sustainable change both in Liverpool City Region and on an international scale through its global charity partnership with Right To Play. The LFC Foundation has helped more than 83,000 people from the most deprived areas of the United Kingdom, while delivering £25 million in health benefits and putting £8 million directly into the local economy.
Established in 2012, the Pittsburgh Penguins Foundation is a registered 501(c)(3) non-profit focused on wellness, youth hockey, education, and wide-ranging community engagement benefiting youth in the Pittsburgh region. The Foundation has worked to expand access to hockey for local youth, launching key initiatives that include a Learn to Play Hockey program providing head-to-toe equipment for youth ages 5 to 9, the construction of 15 dek hockey rinks through Project Power Play, and in 2021, the launch of the Willie O’Ree Academy designed to provide unique training, social and mentorship opportunities for Black youth hockey players in the Pittsburgh area. Since 2012, the Penguins Foundation has awarded more than $8 million in grants to local 501c3 organizations.