Endowment / Foundation

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Retired Boxers' Foundation

Founded in 1998 by Alex Ramos and Executive Director Jacquie Richardson, the Retired Boxers' Foundation grew from Ramos's own experience with homelessness and...

Retired Boxers' Foundation logo

Retired Boxers' Foundation

Founded in 1998 by Alex Ramos and Executive Director Jacquie Richardson, the Retired Boxers' Foundation grew from Ramos's own experience with homelessness and addiction after leaving the ring. The organization operates from a small office in Simi Valley, California, and provides a safety net for former professional boxers who lack pensions, health insurance, or union protections. Its mandate prioritizes emergency financial assistance — rent and mortgage payments, medical and dental care, substance-abuse treatment, and dignified burials for those who die indigent. The foundation runs on a lean volunteer model, channeling donations directly to beneficiaries rather than into large-scale programmatic infrastructure. Its service reach is national, with a concentration of cases in California, Nevada, and the Northeast corridor. The board historically included high-profile supporters like director Ron Shelton, political consultant James Carville, legendary announcer Col. Bob Sheridan, former Yankees owner George Steinbrenner, and the late Hugh Hefner, who hosted fundraising events at the Playboy Mansion. The organization does not manage an endowment in the traditional sense; it operates on a cash-flow basis through periodic donations and smaller recurring gifts. Revenue is opaque — no public Form 990 with a detailed breakdown of assets under management was readily available in recent filings. Ramos serves on the Board of Advisors for the International Kickboxing Federation, reflecting the extended combat-sports network the foundation draws on for referrals and support. Structurally, the foundation is distinct in its narrow focus on the destitute end of the retired-fighter spectrum — a gap left by state athletic commissions and the major boxing promotions. It is not a research or advocacy group, nor does it run a facility-based program. It is a direct-relief conduit, with Richardson holding durable power of attorney for Ramos and managing day-to-day operations since the early 2000s.

General information

Firm type

Endowment / Foundation

Year founded

1998

Location

Region

North America

Country

United States

City

Simi Valley

Corporate office

Simi Valley, CA, United States

Principals

Alex Ramos

Founder

Jacquie Richardson

Executive Director

Sector focus

Healthcare ServicesEducation

Frequently asked questions

Who runs investment decisions at the Retired Boxers' Foundation?

The foundation does not operate as an institutional investor with an investment committee or CIO. It is a pass-through charitable organization that relies on donations to fund direct emergency assistance. There is no evidence of a managed portfolio, endowment, or dedicated investment staff.

What is the foundation's actual source of funding?

Funding comes from individual donations and periodic fundraising events. In the 2000s and 2010s, Hugh Hefner hosted high-profile events at the Playboy Mansion that generated significant contributions. The organization's celebrity board members — including Ron Shelton, James Carville, and the late George Steinbrenner — have lent their names and networks to fundraising, though no consolidated public donation totals are available.

How is the Retired Boxers' Foundation different from other boxing charities?

It focuses exclusively on retired professional boxers who are indigent or in crisis, providing direct, small-scale emergency relief rather than long-term programs or advocacy. By contrast, organizations like the Nevada Boxing Hall of Fame or the California Boxers' Pension Fund operate with a broader mandate or state-level infrastructure. The foundation also maintains a notably low overhead, run almost entirely by volunteers.

Does the Retired Boxers' Foundation have an endowment or invest in outside funds?

No. The foundation appears to operate on a cash-flow basis without a formal endowment or investment portfolio. Its status as a non-profit charitable organization means its revenue is directed toward program services — rent, medical bills, and burial assistance — rather than capital accumulation or fund commitments.

Is the foundation still actively operating?

Public records confirm the foundation remains a registered non-profit with an address in Simi Valley, California. However, its most visible fundraising activity — the Playboy Mansion events — ended with Hefner's death in 2017. Recent activity and current scale are difficult to verify, as the organization has maintained a low public profile in recent years.

Profile maintained by using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.

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