Form 990 for tax year 2023
Filed by PGA TOUR FIRST TEE FOUNDATION INC.
Totals
- Total revenue
- $28,512,084
- Total expenses
- $30,771,210
- Contributions and grants received
- $23,619,196
- Grants paid
- $13,119,249
- Program services expenses (Part IX)
- $23,544,535
- Management and general expenses
- $3,774,228
- Fundraising expenses
- $3,452,447
- Program service expenses (Part III)
- $23,544,535
Program services were 76.5% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Listed in Part VII
-
GREGORY T MCLAUGHLIN
DIRECTOR/PRESIDENT/SECRETARY
- Total calculated
- $1,061,137
- From this org
- $1,015,585
- From related orgs
- $0
- Other
- $45,552
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $323,308
- Bonus
- $662,693
- Other
- $29,584
- Deferred
- $15,326
- Nontaxable benefits
- $30,226
- Filer's total
- $1,061,137
-
GUY GARBARINO
SVP ADVANCEMENT
- Total calculated
- $337,572
- From this org
- $304,066
- From related orgs
- $0
- Other
- $33,506
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $216,441
- Bonus
- $86,860
- Other
- $765
- Deferred
- $0
- Nontaxable benefits
- $33,506
- Filer's total
- $337,572
-
JENNIFER WEILER
SVP NETWORK RELATIONS
- Total calculated
- $335,691
- From this org
- $302,539
- From related orgs
- $0
- Other
- $33,152
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $215,605
- Bonus
- $85,761
- Other
- $1,173
- Deferred
- $0
- Nontaxable benefits
- $33,152
- Filer's total
- $335,691
-
BLANTON JONES
VP ADVANCEMENT
- Total calculated
- $315,905
- From this org
- $277,980
- From related orgs
- $0
- Other
- $37,925
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $196,060
- Bonus
- $80,485
- Other
- $1,435
- Deferred
- $0
- Nontaxable benefits
- $37,925
- Filer's total
- $315,905
-
JANE FADER
SVP COMMS & MARKETING
- Total calculated
- $288,567
- From this org
- $256,717
- From related orgs
- $0
- Other
- $31,850
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $183,670
- Bonus
- $71,777
- Other
- $1,270
- Deferred
- $0
- Nontaxable benefits
- $31,850
- Filer's total
- $288,567
-
BENJAMIN JARVIS
VP STRATEGY & BUS. ENABLEMENT
- Total calculated
- $258,116
- From this org
- $249,116
- From related orgs
- $0
- Other
- $9,000
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $168,847
- Bonus
- $68,759
- Other
- $11,510
- Deferred
- $0
- Nontaxable benefits
- $9,000
- Filer's total
- $258,116
-
DIANE TETSWORTH
TREASURER & SVP
- Total calculated
- $157,014
- From this org
- $147,423
- From related orgs
- $0
- Other
- $9,591
- Hours/week
- 20
Schedule J breakdown matched by us
- Base
- $97,948
- Bonus
- $43,525
- Other
- $5,950
- Deferred
- $0
- Nontaxable benefits
- $9,591
- Filer's total
- $157,014
-
TIMOTHY W FINCHEM
DIRECTOR
- Total calculated
- $0
- Hours/week
- 5
-
VICTOR F GANZI
DIRECTOR
- Total calculated
- $0
- Hours/week
- 5
-
EDWARD D HERLIHY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 5
-
JOHN B MCCOY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 5
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
- 1a · First-class or charter travel
- 1a · Health or social club dues or initiation fees
- 1b · Written policy on the line-1a expenses
- 2 · Substantiation required before reimbursing expenses
- 3 · Compensation committee
- 3 · Independent compensation consultant
- 3 · Approval by the board or compensation committee
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
The filer's explanations (Part III)
- PART I, LINE 1A
- HEALTH OR SOCIAL CLUB DUES WERE PAID FOR GREG MCLAUGHLIN DURING 2023. TO THE EXTENT THAT THE INDIVIDUAL'S USE OF THE CLUB WAS FOR PERSONAL PURPOSES, THE VALUE OF THAT PERSONAL USE WAS CONSIDERED TAXABLE WAGES AND WAS INCLUDED IN HIS W-2. ADDITIONALLY, FIRST TEE FOUNDATION PERMITS MR. MCLAUGHLIN TO FLY FIRST CLASS DEPENDING ON THE LENGTH OF THE FLIGHT.
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
-
Twin Cities Junior Golf Program
$1,092,500
GENERAL SUPPORT
-
Arizona Golf and Life Skills Inc
$532,750
GENERAL SUPPORT
-
$518,750
GENERAL SUPPORT
-
$462,607
GENERAL SUPPORT
-
First Tee of Chicago Foundation
$410,446
GENERAL SUPPORT
-
GENERAL SUPPORT
-
$275,740
GENERAL SUPPORT
-
$274,500
GENERAL SUPPORT
-
GENERAL SUPPORT
-
Future Talent of Silicon Valley
$216,500
GENERAL SUPPORT
The 10 largest by cash amount. The API serves every itemized grant.
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 28 October 2024
- IRS schema version
- 2023v5.1
- Source object
- 202403119349302535
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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