Pga Foundation Inc

Organization Overview

Pga Foundation Inc, operating under the name Pga Reach, is located in Frisco, TX. The organization was established in 1980. According to its NTEE Classification (N99) the organization is classified as: Recreation & Sports N.E.C., 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. Pga Reach 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 03/2022, Pga Reach generated $11.7m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 15.9% each year . All expenses for the organization totaled $11.7m during the year ending 03/2022. While expenses have increased by 15.4% per year over the past 7 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 2015, Pga Reach has awarded 46 individual grants totaling $2,700,088. 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

THE PGA FOUNDATION'S PRIMARY EXEMPT PURPOSE IS TO PROMOTE INTEREST, PARTICIPATION AND ENJOYMENT IN THE GAME OF GOLF FOR EVERYONE EVERYWHERE. THIS PURPOSE IS ACHIEVED THROUGH, BUT NOT LIMITED TO: GOLF INSTRUCTION PROGRAMS; COMMUNITY GOLF PROGRAMS; RESEARCH AND EDUCATION; JUNIOR GOLF TOURNAMENTS; INTRODUCING GOLF TO VETERANS WITH DISABILITIES; PROVIDING GOLF RELATED CHARITABLE EMPLOYMENT OPPORTUNITIES TO INDIVIDUALS FROM DIVERSE BACKGROUNDS; AND, THE PROMOTION OF THE GAME OF GOLF.

Describe the Organization's Program Activity:

Part 3 - Line 4a

GOLF DEVELOPMENT PROGRAM - THIS PROGRAM INVOLVES EXPOSING THOSE INDIVIDUALS WHO HAVE HISTORICALLY BEEN EXCLUDED FROM THE GAME OF GOLF TO THE GAME. SPECIFICALLY, VETERANS AND OTHERS WITH DISABILITIES, MINORITIES, INNER-CITY YOUTH, AND JUNIOR GOLFERS HAVE BEEN EXPOSED TO & BENEFITTED FROM THE GOLF DEVELOPMENT PROGRAM.


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Board, Officers & Key Employees

Name (title)Compensation
John Lindert
Vice Preside
$0
Jim Richerson
President
$0
Don Rea
Secretary
$0
Seth Waugh
CEO
$0
Jeffrey Price
Cco
$0
Rhona Aime
CFO
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Community Counseling Service Co Llc
Prof Services
$319,058
A-1 Screen Printing D/b/a Underground Printing
Printing & Prod
$974,951
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$279,745
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$6,539,823
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$6,819,568
Total Program Service Revenue$4,910,756
Investment income $650
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events -$58,608
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $11,672,366

Grants Awarded

Over the last fiscal year, Pga Foundation Inc has awarded $234,258 in support to 6 organizations.

Grant RecipientAmount

LPGA FOUNDATION

PURPOSE: GENERAL SUPPORT

$50,000

CHILDRENS HEALTHCARE CHARITY INC

Org PageRecipient Profile

Palm Beach Gardens, FL

PURPOSE: GENERAL SUPPORT

$50,000

FIRST TEE OF TULSA INC

PURPOSE: GENERAL SUPPORT

$38,179

S CENTRAL SECTION PGA FOUNDATION

Org PageRecipient Profile

Broken Arrow, OK

PURPOSE: GENERAL SUPPORT

$38,179

CAROLINAS PGA JUNIOR FOUNDATION

Org PageRecipient Profile

Browns Summit, NC

PURPOSE: GENERAL SUPPORT

$32,900

FIRST TEE OF LOUISVILLE

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$25,000
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 7 grants that Pga Foundation Inc has recieved totaling $3,556,896.

Awarding OrganizationAmount
Professional Golfers Association Of America

Frisco, TX

PURPOSE: CHARITABLE

$2,958,214
Ayco Charitable Foundation

Cohoes, NY

PURPOSE: COMMUNITY & HUMAN SERVICES

$400,000
Schwab Charitable Fund

San Francisco, CA

PURPOSE: HEALTH

$61,850
Douglas County Community Foundation

Lawrence, KS

PURPOSE: GENERAL SUPPORT

$50,000
Goldman Sachs Philanthropy Fund

New York, NY

PURPOSE: COMMUNITY & HUMAN SERVICES

$50,000
$26,832
View Grant Recipient Profile

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