Touchstone Golf Foundation
- Assets
- $17.5k
- Revenue
- $267.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Berkeley, CA
- Founding
- 05/2009
- Data as of
- 12/2022
- EIN
- 26-3626179
Organization Overview
Touchstone Golf Foundation is located in Berkeley, CA. The organization was established in 2009. According to its NTEE Classification (N6A) the organization is classified as: Golf, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Touchstone Golf Foundation 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 12/2022, Touchstone Golf Foundation generated $267.0k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 4.6% each year. All expenses for the organization totaled $280.2k during the year ending 12/2022. While expenses have increased by 4.9% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Touchstone Golf Foundation has awarded 45 individual grants totaling $514,004. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TOUCHSTONE GOLF FOUNDATION IS DEDICATED TO IMPROVING OUR COMMUNITIES THROUGH SERVICE, EDUCATION AND CHARITABLE EFFORTS BY RAISING FUNDS THROUGH GOLF RELATED ACTIVITIES, AND PROMOTING THE ENJOYMENT OF AND THE VALUES LEARNED THROUGH THE GAME OF GOLF
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION RAISES MONEY THROUGH CHARITY GOLF EVENTS TO SUPPORT JUNIOR AND FIRST TEE GOLF PROGRAMS IN THE BAY AREA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bailey Gibson Executive Director | Trustee | 5 | $1,750 |
Sabrina Leuing Vice President/board Membe | OfficerTrustee | 1 | $0 |
Mike Armstrong President/board Member | OfficerTrustee | 1 | $0 |
Brad Marek Secretary/treasurer/board | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $267,038 |
| 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 | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $267,038 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $227,775 |
| Grants and other assistance to domestic individuals. | $2,000 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $5,100 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $512 |
| Fees for services: Management | $13,785 |
| Fees for services: Legal | $2,956 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $13,616 |
| Advertising and promotion | $0 |
| Office expenses | $47 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $405 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $1,492 |
| Total functional expenses | $280,236 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $17,479 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $17,479 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $17,479 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $17,479 |
Grants Awarded
Over the last fiscal year, Touchstone Golf Foundation has awarded $123,267 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
El Paso, TX PURPOSE: SUPPORT FOR FOUNDATION WORK | $27,819 |
Hobbs, NM PURPOSE: SUPPORT FOR FOUNDATION WORK | $26,365 |
Santa Cruz, CA PURPOSE: SUPPORT FOR FIRST TEE GOLF | $25,000 |
Oakland, CA PURPOSE: SUPPORT MAKE- A WISH FOUNDATION | $17,000 |
El Paso, TX PURPOSE: SUPPORT FOR FOUNDATION WORK | $10,847 |
Studio City, CA PURPOSE: SUPPORT FOR FIRST TEE | $5,705 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Touchstone Golf Foundation has recieved totaling $10,460.
| Awarding Organization | Amount |
|---|---|
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $5,230 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $5,230 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Arizona Golf Community Foundation Scottsdale, AZ | $9,908,509 | $6,967,253 |
Lone Tree Golf & Event Center Antioch, CA | $6,167,701 | $5,409,436 |
Marrakesh Golf Club Palm Desert, CA | $20,662,505 | $5,001,903 |
Arizona Golf Association Scottsdale, AZ | $3,967,286 | $3,840,338 |
Pro Kids Golf Academy Inc San Diego, CA | $8,927,878 | $4,938,546 |
Presidio Golf And Concordia Club San Francisco, CA | $11,620,577 | $2,321,384 |
Future Citizens Foundation Salinas, CA | $8,194,762 | $5,447,969 |
Flagstaff Golf Association Flagstaff, AZ | $3,224,049 | $2,364,199 |
Golden State Golf Tour Association Oceanside, CA | $370,280 | $2,063,995 |
Bidwell Park Golf Club Chico, CA | $967,252 | $2,139,141 |
Junior Golf Association Of Arizona Inc Phoenix, AZ | $858,991 | $1,640,395 |
San Diego County Junior Golf Association Inc San Diego, CA | $1,536,640 | $1,591,808 |