Minnesota Golf Charity Events

Organization Overview

Minnesota Golf Charity Events is located in Minneapolis, MN. The organization was established in 1972. According to its NTEE Classification (T70) the organization is classified as: Federated Giving Programs, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 12/2021, Minnesota Golf Charity Events employed 28 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Minnesota Golf Charity Events is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2021, Minnesota Golf Charity Events generated $156.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (7.1%) each year. All expenses for the organization totaled $102.1k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (11.0%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990T Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO RAISE CRITICAL FUNDS FOR MINNESOTANS LIVING WITH DEVELOPMENTAL AND LEARNING DISABILITIES.

Describe the Organization's Program Activity:

THE MINNESOTA GOLF CHARITY EVENTS RAISES CHARITABLE FUNDS THROUGH TWO GOLF EVENTS AND LAWFUL CHARITABLE GAMBLING. ALL THE MONEY THAT WE DONATE TO OUR BENEFITING AGENCIES IS PROVIDED FOR OPERATING EXPENSES. FOR MANY NON-PROFIT AGENCIES, THE BULK OF THEIR CHARITABLE SUPPORT IS TIED TO SPECIFIC GRANT-FUNDED PROGRAMS. THIS CAN MAKE IT PARTICULARLY DIFFICULT FOR NON-PROFITS TO HANDLE THE DAY-TO-DAY WORK THEY NEED TO CARRY OUT SUPPORT OF THEIR PROGRAMS AND THEIR EMPLOYEES. THE PGA REACH FUNDING IS DESIGNED TO HELP THEM BRIDGE THIS GAP, A GAP WHICH ONLY GETS MORE DIFFICULT TO MANAGE IN A CHALLENGING ECONOMIC CLIMATE.


THE SECOND PRIMARY ACTIVITY OF THE PGA REACH IS TO PROVIDE COMMUNITY-WIDE VISIBILITY TO THE AGENCIES WE SUPPORT AND PEOPLE THEY SERVE. DUE TO THE LONGSTANDING TRADITION AND HISTORY OF OUR GOLF TOURNAMENTS, WE RECEIVE SIGNIFICANT LOCAL MEDIA COVERAGE FOR OUR EVENTS, WHICH IN TURN ALLOWS US TO FOCUS THE SPOTLIGHT ON THE PEOPLE AND ORGANIZATIONS THAT WE SUPPORT. THE COMMUNITY THEN RECEIVES MORE EDUCATION ABOUT THE VARIOUS DISABLILITIES THAT EXIST, AND THE NEEDS OF THE PEOPLE WHO LIVE WITH THESE DISABILITIES.


Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.

Board, Officers & Key Employees

Name (title)Compensation
Andrea Guerra
Gambling Manager/board Member
$75,092
Sylvia Lund
Board Member
$2,228
Jon Tollette
CEO
$0
Phil Anderson
Treasurer/board Chair
$0
Joel Burger
Secretary
$0
Nick Boerum
Vice Chair
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$222,408
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$11,100
Noncash contributions included in lines 1a–1f $14,400
Total Revenue from Contributions, Gifts, Grants & Similar$233,508
Total Program Service Revenue$0
Investment income $0
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events -$178,486
Net Income from Gaming Activities $120,021
Net Income from Sales of Inventory -$18,120
Miscellaneous Revenue$0
Total Revenue $156,923

Grants Awarded

Over the last fiscal year, Minnesota Golf Charity Events has awarded $100,000 in support to 4 organizations.

Grant RecipientAmount

St Paul, MN

PURPOSE: PROGRAM SUPPORT

$40,000

Minneapolis, MN

PURPOSE: PROGRAM SUPPORT

$20,000

LIVING WELL DISABILITIES

Org PageRecipient Profile

Mendota Heights, MN

PURPOSE: PROGRAM SUPPORT

$20,000

PROACT INC

PURPOSE: PROGRAM SUPPORT

$20,000
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 3 grants that Minnesota Golf Charity Events has recieved totaling $47,755.

Awarding OrganizationAmount
Minneapolis Foundation

Minneapolis, MN

PURPOSE: DONOR-RECOMMENDED, PHILANTHROPY

$27,750
Minnesota Golf Charity Events

Minneapolis, MN

PURPOSE: PROGRAM SUPPORT

$20,000
Amazonsmile Foundation

Seattle, WA

PURPOSE: GENERAL SUPPORT

$5
View Grant Recipient Profile

Create an account to unlock the data you need.

or