Texas Golf Association Foundation

Organization Overview

Texas Golf Association Foundation is located in Addison, TX. The organization was established in 1999. 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. Texas Golf Association 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 12/2021, Texas Golf Association Foundation generated $831.7k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.5% each year. All expenses for the organization totaled $696.6k during the year ending 12/2021. While expenses have increased by 3.3% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO PROMOTE AND EXPAND COMMUNITY AWARENESS OF THE GAME OF GOLF IN TEXAS THROUGH PROGRAMS SERVING JUNIOR GOLFERS AND THE COMMUNITY AT LARGE.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE LEGENDS JUNIOR TOUR PROVIDES OPPORTUNITIES FOR YOUNG PEOPLE FROM A VARIETY OF ECONOMICALLY AND CULTURALLY DIVERSE BACKGROUNDS TO PLAY GOLF. THIS YEAR, THE FOUNDATION'S LEGENDS JUNIOR TOUR HAD APPROXIMATELY 2,009 JUNIOR PLAYERS, CONSISTING OF MALE AND FEMALE GOLFERS FROM AGES 12 TO 18, COMPETE IN 18 TWO AND THREE DAY COMPETITIONS THROUGHOUT THE YEAR.


PROVIDE FINANCIAL ASSISTANCE THROUGH 1 SCHOLARSHIP AWARDS AND DONATIONS TO DEVELOPMENT PROGRAMS.


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Board, Officers & Key Employees

Name (title)Compensation
Stacy Dennis
Secretary, Executive Director
$0
John Stuart - Partial Year
Vice President
$0
Suzan Knox
President
$0
Scott Beaty
Director
$0
Mike Booker
Director
$0
Donna Brady
Director
$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$60,231
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$60,231
Total Program Service Revenue$761,677
Investment income $404
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 $831,747

Grants Awarded

Over the last fiscal year, Texas Golf Association Foundation has awarded $30,000 in support to 3 organizations.

Grant RecipientAmount

LAKESIDE COUNTRY CLUB

Org PageRecipient Profile

Houston, TX

PURPOSE: GENERAL SUPPORT

$15,000

YOUTH LIFE SKILLS FORE GREATER EL PASO INC

Org PageRecipient Profile

El Paso, TX

PURPOSE: GENERAL SUPPORT

$10,000

FRISCH AUF VALLEY COUNTRY CLUB

Org PageRecipient Profile

La Grange, TX

PURPOSE: GENERAL SUPPORT

$5,000
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 2 grants that Texas Golf Association Foundation has recieved totaling $104,005.

Awarding OrganizationAmount
Texas Golf Association

Addison, TX

PURPOSE: GENERAL SUPPORT

$104,000
Amazonsmile Foundation

Seattle, WA

PURPOSE: GENERAL SUPPORT

$5
View Grant Recipient Profile

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