Pga Tour Charities Inc

Organization Overview

Pga Tour Charities Inc is located in Ponte Vedra Beach, FL. The organization was established in 1988. According to its NTEE Classification (O50) the organization is classified as: Youth Development Programs, under the broad grouping of Youth Development and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Pga Tour Charities Inc 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, Pga Tour Charities Inc generated $4.6m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.9%) each year. All expenses for the organization totaled $4.1m during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (1.9%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.

Since 2014, Pga Tour Charities Inc has awarded 673 individual grants totaling $37,607,540. 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

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO RAISE FUNDS TO DISTRIBUTE TO OTHER CHARITABLE AND EDUCATIONAL ORGANIZATIONS RECOGNIZED UNDER 501(C)(3) OF THE I.R.C.

Describe the Organization's Program Activity:

Part 3 - Line 4a

PGA TOUR CHARITIES, INC. WAS CREATED TO SOLICIT FUNDS FOR THE BENEFIT OF EXEMPT ORGANIZATIONS WITH AN EDUCATIONAL AND/OR A CHARITABLE MISSION. PGA TOUR CHARITIES, INC. ACCOMPLISHES ITS CHARITABLE MISSION BY CONDUCTING DIRECT CONTRIBUTION SOLICITATIONS AND FUND-RAISING INITIATIVES. PGA TOUR CHARITIES, INC. ALSO MAKES GRANTS TO SUPPORT EXEMPT ORGANIZATONS THAT FOCUS ON CONNECTING MILITARY SERVICE MEMBERS AND THEIR FAMILIES TO HOMEFRONT GROUPS THAT PROVIDE ASSISTANCE TO THEM, FURTHERING THE WELFARE AND WELLBEING OF YOUTH, AND OTHER WORTHY CHARITABLE INITIATIVES.


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Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$542,130
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$4,022,268
Noncash contributions included in lines 1a–1f $202,065
Total Revenue from Contributions, Gifts, Grants & Similar$4,564,398
Total Program Service Revenue$0
Investment income $2,951
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $856
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $4,568,205

Grants Awarded

Over the last fiscal year, Pga Tour Charities Inc has awarded $3,944,121 in support to 76 organizations.

Grant RecipientAmount

Atlanta, GA

PURPOSE: Covid Support

$1,226,000

ST JUDE CHILDRENS RESEARCH HOSPITAL INC

Org PageRecipient Profile

Memphis, TN

PURPOSE: General Support

$331,498

Ponte Vedra, FL

PURPOSE: General Support

$155,437

VIRGINIANS FOR VETERANS

Org PageRecipient Profile

North Chesterfield, VA

PURPOSE: General Support

$124,667

GREATER RICHMOND AQUATICS PARTNERSHIP DBA SWIM RVA

Org PageRecipient Profile

Richmond, VA

PURPOSE: General Support

$124,658

SPECIAL OPERATIONS WARRIOR FOUNDATION

Org PageRecipient Profile

Tampa, FL

PURPOSE: General Support

$120,016
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 15 grants that Pga Tour Charities Inc has recieved totaling $1,389,177.

Awarding OrganizationAmount
Pga Tour Inc

Ponte Vedra Beach, FL

PURPOSE: GENERAL SUPPORT

$535,595
American Online Giving Foundation Inc

Newark, DE

PURPOSE: GENERAL SUPPORT

$204,652
National Christian Charitable Foundation Inc

Alpharetta, GA

PURPOSE: SUPPORT

$150,000
The Blackbaud Giving Fund

Charleston, SC

PURPOSE: GENERAL SUPPORT

$100,500
The Blackbaud Giving Fund

Charleston, SC

PURPOSE: GENERAL SUPPORT

$100,500
Masters Tournament Foundation Inc

Augusta, GA

PURPOSE: FOSTER SPORT OF GOLF

$100,000
View Grant Recipient Profile

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