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Nonprofiteer
← PGA FOUNDATION INC

Form 990 for tax year 2023

Filed by PGA FOUNDATION INC.

Totals

Total revenue
$14,165,860
Total expenses
$14,165,860
Contributions and grants received
$13,830,533
Grants paid
$5,788,498
Program service revenue
$334,656
Investment income
$671
Other revenue
$0
Total assets, end of year
$7,653,740
Total liabilities, end of year
$3,939,418
Net assets or fund balances, end of year
$3,714,322
Program services expenses (Part IX)
$11,009,431
Management and general expenses
$581,482
Fundraising expenses
$2,574,947
Program service expenses (Part III)
$11,009,431

Program services were 77.7% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1f · All other contributions, gifts and grants

    $13,830,533

  • 1g · Noncash contributions included above

    $36,939

  • 2a · Program service revenue: PROGRAM SPONSORSHIP

    total $330,000 · excluded $330,000

  • 2b · Program service revenue: MISC REVENUE

    total $4,656 · related or exempt $4,656

  • 3 · Investment income

    total $671 · excluded $671

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $5,620,498 · program services $5,620,498

  • 2 · Grants to domestic individuals

    total $168,000 · program services $168,000

  • 11a · Fees: management

    total $3,413,450 · program services $2,086,111 · management and general $452,319 · fundraising $875,020

  • 11b · Fees: legal

    total $18,201 · management and general $18,201

  • 11c · Fees: accounting

    total $44,000 · management and general $44,000

  • 11e · Fees: professional fundraising services

    total $444,993 · fundraising $444,993

  • 11g · Fees: other

    total $2,453,812 · program services $1,984,258 · management and general $45,716 · fundraising $423,838

  • 12 · Advertising and promotion

    total $671,010 · program services $213,846 · fundraising $457,164

  • 13 · Office expenses

    total $195,871 · program services $137,640 · management and general $4,143 · fundraising $54,088

  • 16 · Occupancy

    total $134,401 · program services $128,601 · fundraising $5,800

  • 17 · Travel

    total $417,112 · program services $239,166 · fundraising $177,946

  • 20 · Interest

    total $11 · management and general $11

  • 24a · Other expenses: FOOD & BEVERAGE

    total $537,512 · program services $388,922 · management and general $17,092 · fundraising $131,498

  • 24b · Other expenses: SUPPLIES

    total $46,989 · program services $42,389 · fundraising $4,600

Balance sheet

Part X, book values.

  • 2 · Savings and temporary cash investments

    beginning of year $630,217 · end of year $630,744

  • 4 · Accounts receivable

    beginning of year $489,139 · end of year $2,767,600

  • 9 · Prepaid expenses and deferred charges

    beginning of year $123,340 · end of year $237,204

  • 11 · Investments: publicly traded securities

    end of year $4,015,509

  • 15 · Other assets

    beginning of year $4,397 · end of year $2,683

  • 17 · Accounts payable and accrued expenses

    beginning of year $709,274 · end of year $101,571

  • 19 · Deferred revenue

    beginning of year $475,161 · end of year $448,005

  • 25 · Other liabilities

    beginning of year $715,099 · end of year $3,389,842

  • 27 · Net assets without donor restrictions

    beginning of year -$652,441 · end of year -$652,441

  • 28 · Net assets with donor restrictions

    end of year $4,366,763

Mission and programs · 2023

Mission

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.

  • PGA OF AMERICA REACH FOUNDATION IMPACTS LIVES THROUGH THE GAME OF GOLF. WORKING WITH YOUTH, VETERANS, AND UNDERSERVED COMMUNITIES, THE FOUNDATION IS DEVELOPING LIFELONG PLAYERS, FUTURE LEADERS, AND CREATING LASTING COMMUNITIES FOR TODAY, TOMORROW, AND GENERATIONS TO COME.

    Expenses $11,009,431 · Grants $5,788,498 · Revenue $334,656

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Seth Waugh

    CEO

    Total calculated
    $3,860,522
    From this org
    $0
    From related orgs
    $3,806,270
    Other
    $54,252
    Hours/week
    1 + 39 related

    Schedule J breakdown matched by us

    Base
    not reported + $2,285,616 related
    Bonus
    not reported + $1,467,000 related
    Other
    not reported + $53,654 related
    Deferred
    not reported + $16,500 related
    Nontaxable benefits
    not reported + $37,752 related
    Filer's total
    not reported + $3,860,522 related
  • Jeffrey Price

    CCO

    Total calculated
    $1,149,422
    From this org
    $0
    From related orgs
    $1,088,949
    Other
    $60,473
    Hours/week
    3 + 37 related

    Schedule J breakdown matched by us

    Base
    not reported + $767,391 related
    Bonus
    not reported + $249,365 related
    Other
    not reported + $72,193 related
    Deferred
    not reported + $33,000 related
    Nontaxable benefits
    not reported + $27,473 related
    Filer's total
    not reported + $1,149,422 related
  • Henry Smokler

    GENERAL COUN

    Total calculated
    $951,195
    From this org
    $0
    From related orgs
    $880,443
    Other
    $70,752
    Hours/week
    1 + 39 related

    Schedule J breakdown matched by us

    Base
    not reported + $478,847 related
    Bonus
    not reported + $153,224 related
    Other
    not reported + $248,372 related
    Deferred
    not reported + $33,000 related
    Nontaxable benefits
    not reported + $37,752 related
    Filer's total
    not reported + $951,195 related
  • Craig Kessler

    COO

    Total calculated
    $866,822
    From this org
    $0
    From related orgs
    $840,721
    Other
    $26,101
    Hours/week
    1 + 39 related

    Schedule J breakdown matched by us

    Base
    not reported + $821,072 related
    Bonus
    not reported
    Other
    not reported + $19,649 related
    Deferred
    not reported
    Nontaxable benefits
    not reported + $26,101 related
    Filer's total
    not reported + $866,822 related
  • Rhona Aime

    CFO

    Total calculated
    $728,616
    From this org
    $0
    From related orgs
    $674,799
    Other
    $53,817
    Hours/week
    1 + 39 related

    Schedule J breakdown matched by us

    Base
    not reported + $452,946 related
    Bonus
    not reported + $149,350 related
    Other
    not reported + $72,503 related
    Deferred
    not reported + $33,000 related
    Nontaxable benefits
    not reported + $20,817 related
    Filer's total
    not reported + $728,616 related
  • Arjun Chowdri

    CIO

    Total calculated
    $639,075
    From this org
    $0
    From related orgs
    $588,661
    Other
    $50,414
    Hours/week
    1 + 39 related

    Schedule J breakdown matched by us

    Base
    not reported + $381,754 related
    Bonus
    not reported + $133,696 related
    Other
    not reported + $73,211 related
    Deferred
    not reported + $27,852 related
    Nontaxable benefits
    not reported + $22,562 related
    Filer's total
    not reported + $639,075 related
  • Sandra Cross

    CPO

    Total calculated
    $571,634
    From this org
    $0
    From related orgs
    $534,273
    Other
    $37,361
    Hours/week
    1 + 39 related

    Schedule J breakdown matched by us

    Base
    not reported + $326,362 related
    Bonus
    not reported + $112,665 related
    Other
    not reported + $95,246 related
    Deferred
    not reported + $28,785 related
    Nontaxable benefits
    not reported + $8,576 related
    Filer's total
    not reported + $571,634 related
  • Kevin Scott

    CTO

    Total calculated
    $542,832
    From this org
    $0
    From related orgs
    $509,832
    Other
    $33,000
    Hours/week
    1 + 39 related

    Schedule J breakdown matched by us

    Base
    not reported + $350,404 related
    Bonus
    not reported + $106,802 related
    Other
    not reported + $52,626 related
    Deferred
    not reported + $33,000 related
    Nontaxable benefits
    not reported
    Filer's total
    not reported + $542,832 related
  • Drew Blasband

    SD

    Total calculated
    $425,319
    From this org
    $0
    From related orgs
    $364,742
    Other
    $60,577
    Hours/week
    1 + 39 related

    Schedule J breakdown matched by us

    Base
    not reported + $280,865 related
    Bonus
    not reported + $62,962 related
    Other
    not reported + $20,915 related
    Deferred
    not reported + $33,000 related
    Nontaxable benefits
    not reported + $27,577 related
    Filer's total
    not reported + $425,319 related
  • Jeffrey Bloom

    FP&B CONTROL

    Total calculated
    $374,307
    From this org
    $0
    From related orgs
    $321,692
    Other
    $52,615
    Hours/week
    1 + 39 related

    Schedule J breakdown matched by us

    Base
    not reported + $245,984 related
    Bonus
    not reported + $52,424 related
    Other
    not reported + $23,284 related
    Deferred
    not reported + $32,548 related
    Nontaxable benefits
    not reported + $20,067 related
    Filer's total
    not reported + $374,307 related
  • John Lindert

    PRESIDENT

    Total calculated
    $106,335
    From this org
    $0
    From related orgs
    $106,335
    Other
    $0
    Hours/week
    4 + 6 related
  • Don Rea

    VICE PRESIDE

    Total calculated
    $97,814
    From this org
    $0
    From related orgs
    $97,814
    Other
    $0
    Hours/week
    4 + 6 related
  • Nathan Charnes

    SECRETARY

    Total calculated
    $81,298
    From this org
    $0
    From related orgs
    $81,298
    Other
    $0
    Hours/week
    4 + 6 related
  • John Connelly

    CFO

    Total calculated
    $80,302
    From this org
    $0
    From related orgs
    $80,298
    Other
    $4
    Hours/week
    1 + 39 related
  • John McNair

    DISTRICT 11

    Total calculated
    $16,560
    From this org
    $0
    From related orgs
    $16,560
    Other
    $0
    Hours/week
    1 + 4 related
  • Eric Eshleman

    DISTRICT 3 D

    Total calculated
    $16,150
    From this org
    $0
    From related orgs
    $16,150
    Other
    $0
    Hours/week
    1 + 4 related
  • Derek Gutierrez

    DISTRICT 12

    Total calculated
    $15,607
    From this org
    $0
    From related orgs
    $15,607
    Other
    $0
    Hours/week
    1 + 4 related
  • Paige Cribb

    DISTRICT 10

    Total calculated
    $14,645
    From this org
    $0
    From related orgs
    $14,645
    Other
    $0
    Hours/week
    1 + 4 related
  • Russ Libby

    DISTRICT 13

    Total calculated
    $14,113
    From this org
    $0
    From related orgs
    $14,113
    Other
    $0
    Hours/week
    1 + 4 related
  • Robert Elliott

    DISTRICT 6 D

    Total calculated
    $11,204
    From this org
    $0
    From related orgs
    $11,204
    Other
    $0
    Hours/week
    1 + 4 related
  • Barry Howard

    DISTRICT 7 D

    Total calculated
    $10,691
    From this org
    $0
    From related orgs
    $10,691
    Other
    $0
    Hours/week
    1 + 4 related
  • Jeff Lessig

    DISTRICT 14

    Total calculated
    $10,328
    From this org
    $0
    From related orgs
    $10,328
    Other
    $0
    Hours/week
    1 + 4 related
  • Larry Kelley

    DISTRICT 1 D

    Total calculated
    $7,499
    From this org
    $0
    From related orgs
    $7,499
    Other
    $0
    Hours/week
    1 + 4 related
  • Andrea B Smith

    INDEP. DIR

    Total calculated
    $6,622
    From this org
    $0
    From related orgs
    $6,622
    Other
    $0
    Hours/week
    1 + 4 related
  • Gideon Yu

    INDEP. DIR

    Total calculated
    $6,500
    From this org
    $0
    From related orgs
    $6,500
    Other
    $0
    Hours/week
    1 + 4 related
  • Cathy Matthews-Kane

    DISTRICT 9 D

    Total calculated
    $2,764
    From this org
    $0
    From related orgs
    $2,764
    Other
    $0
    Hours/week
    1 + 4 related
  • Charley Hoffman

    PLAYER DIR

    Total calculated
    $2,505
    From this org
    $0
    From related orgs
    $2,505
    Other
    $0
    Hours/week
    1 + 4 related
  • Lori Lee

    INDEP. DIR

    Total calculated
    $2,102
    From this org
    $0
    From related orgs
    $2,102
    Other
    $0
    Hours/week
    1 + 4 related
  • Tim Fries

    DISTRICT 4 D

    Total calculated
    $1,505
    From this org
    $0
    From related orgs
    $1,505
    Other
    $0
    Hours/week
    1 + 4 related
  • Steve Parker

    DISTRICT 5 D

    Total calculated
    $1,250
    From this org
    $0
    From related orgs
    $1,250
    Other
    $0
    Hours/week
    1 + 4 related
  • Joel Burger

    DISTRICT 8 D

    Total calculated
    $0
    Hours/week
    1 + 4 related
  • Dawn Neujahr

    AT-LARGE DIR

    Total calculated
    $0
    Hours/week
    1 + 4 related
  • David Reasoner

    DISTRICT 2 D

    Total calculated
    $0
    Hours/week
    1 + 4 related

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, and on a Form 990-PF Part VIII's — 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 · Travel for companions
  • 1a · Tax indemnification and gross-up payments
  • 1a · Health or social club dues or initiation fees
  • 1a · Personal services (maid, chauffeur, chef)
  • 1b · Written policy on the line-1a expenses
  • 2 · Substantiation required before reimbursing expenses

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)

SCHEDULE J, PAGE 1, PART I, LINE 1A
IN CERTAIN CASES EMPLOYEES, OFFICERS, BOARD MEMBERS, AND/OR THEIR COMPANIONS ARE PROVIDED THE FOLLOWING ITEMS. - CERTAIN EMPLOYEES, OFFICERS, BOARD MEMBERS AND/OR THEIR COMPANIONS MAY UTILIZE FIRST CLASS OR CHARTER TRAVEL FOR BUSINESS PURPOSES BASED ON SECURITY, PRIVACY, AND TIMING CONCERNS. - CERTAIN EMPLOYEES AND OFFICERS ARE PROVIDED HEALTH OR SOCIAL CLUB DUES OR INTIATION FEES. - CERTAIN EMPLOYEES AND OFFICERS ARE PROVIDED PERSONAL SERVICES. - CERTAIN EMPLOYEES, OFFICERS, AND BOARD MEMBERS ARE PROVIDED TAX GROSS-UP PAYMENTS. ALL ITEMS THAT RESULT IN REPORTABLE COMPENSATION ARE PROPERLY REPORTED TO THE INDIVIDUAL RECIPIENT EITHER WITHIN THEIR W-2 OR 1099-MISC REPORTING EACH YEAR.

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

The 10 largest by cash amount. The API serves every itemized grant.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Related partnerships

Part III: related organizations taxable as a partnership, with the filer's share.

  • PGA SIF LP

    INVESTMENT · DE

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

  • NEXTGENGOLF INC

    GOLF RLTD. · FL

  • PGA CORPORATION

    GOLF RLTD. · FL

  • PGA GOLF DEVELOPMENT INC

    GOLF RLTD. · FL

  • PGA GOLF ENTERPRISES INC

    GOLF RLTD. · FL

  • PGA GOLF PROPERTIES INC

    GOLF RLTD. · FL

  • PGA GOLF PARTNERS INC

    GOLF RLTD. · FL

  • PGA MANAGEMENT SERVICES INC

    GOLF RLTD. · FL

  • PGA RESERVE INC

    GOLF RLTD. · FL

  • PGA TOURNAMENT CORPORATION INC

    GOLF RLTD. · FL

  • PGA VALHALLA INC

    GOLF RLTD. · FL

Provenance

Return type
form_990
Tax year
2023
Filed
15 February 2024
IRS schema version
2023v6.0
Source object
202520499349300417

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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