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Nonprofiteer
← USSGA MEMORIAL FUND INC

Form 990 for tax year 2024

Filed by USSGA MEMORIAL FUND INC.

Totals

Total revenue
$472,822
Total expenses
$428,094
Contributions and grants received
$450,706
Grants paid
$404,500
Program service revenue
$0
Investment income
$22,116
Other revenue
$0
Total assets, end of year
$596,718
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$596,718
Program services expenses (Part IX)
$420,663
Management and general expenses
$7,431
Fundraising expenses
$0
Program service expenses (Part III)
$420,663

Program services were 98.3% 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

    $450,706

  • 3 · Investment income

    total $17,093 · excluded $17,093

  • 7a · Gross sales of assets other than inventory

    securities $5,792 · other assets $253

  • 7b · Less cost or other basis and sales expenses

    securities $1,022 · other assets $0

  • 7c · Gain or loss

    securities $4,770 · other assets $253

  • 7d · Net gain or loss

    total $5,023 · excluded $5,023

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $404,500 · program services $404,500

  • 11b · Fees: legal

    total $125 · program services $125

  • 11c · Fees: accounting

    total $3,425 · management and general $3,425

  • 11g · Fees: other

    total $8,856 · program services $8,856

  • 13 · Office expenses

    total $6,646 · program services $6,646

  • 24a · Other expenses: CREDIT CARD FEES

    total $4,006 · management and general $4,006

  • 24b · Other expenses: BUSINESS REG. FEES

    total $536 · program services $536

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $70,866 · end of year $112,198

  • 4 · Accounts receivable

    beginning of year $8,757 · end of year $8,757

  • 11 · Investments: publicly traded securities

    beginning of year $473,470 · end of year $475,763

  • 27 · Net assets without donor restrictions

    beginning of year $553,093 · end of year $596,718

Mission and programs · 2024

Mission

SEE SCHEDULE O

Activities or mission (Part I)

PROVIDE DONATIONS TO ORGANIZATIONS THAT ARE CHARITABLE AND/OR EDUCATIONAL: SEE SCH O. MEET THE SPECIFICATIONS OF IRC 501 (C) (3) ; AND PROMOTE THE FURTHERANCE OF GOLF THROUGH PROVIDING SCHOLARSHIPS TO CADDIES AND OTHERS WORTHY OF SUPPORT AND PROMOTING INTEREST IN GOLF ESPECIALLY BY JUNIOR GOLFERS.

  • SEE SCHEDULE O

    Expenses $420,663 · Grants $404,500

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Jonathan M Clark

    PRESIDENT EMERITUS AND TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Timothy A Hultquist

    PRESIDENT

    Total calculated
    $0
    Hours/week
    4

  • Fred C Kneip

    SECRETARY

    Total calculated
    $0
    Hours/week
    1

  • George U Wyper

    TREASURER

    Total calculated
    $0
    Hours/week
    1

  • William G Sedgwick

    VICE PRESIDENT

    Total calculated
    $0
    Hours/week
    1

  • Andrew R Laidlaw

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Clark F MacKenzie

    EMERITUS

    Total calculated
    $0
    Hours/week
    0.5

  • Arthur M Rogers

    EMERITUS

    Total calculated
    $0
    Hours/week
    0.5

  • John A Scully

    EMERITUS

    Total calculated
    $0
    Hours/week
    0.5

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, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

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

Provenance

Return type
form_990
Tax year
2024
Filed
11 November 2025
IRS schema version
2024v5.2
Source object
202523179349301337

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

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