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← PGA TOUR CHARITABLE AND EDUCATIONAL FUND

Form 990 for tax year 2022

Filed by PGA TOUR CHARITABLE AND EDUCATIONAL FUND.

Totals

Total revenue
$4,033
Total expenses
$1,510
Contributions and grants received
$0
Grants paid
$0
Program services expenses (Part IX)
$0
Management and general expenses
$1,510
Fundraising expenses
$0
Program service expenses (Part III)
$0

Program services were 0.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Listed in Part VII

  • JOSEPH W MONAHAN

    TRUSTEE

    Total calculated
    $18,620,857
    From this org
    $0
    From related orgs
    $14,960,274
    Other
    $3,660,583
    Hours/week
    0

    Schedule J breakdown matched by us

    Base
    not reported + $1,791,409 related
    Bonus
    not reported + $9,220,031 related
    Other
    not reported + $3,948,834 related
    Deferred
    not reported + $3,631,652 related
    Nontaxable benefits
    not reported + $28,931 related
    Filer's total
    not reported + $18,620,857 related

  • Ronald E Price

    TRUSTEE

    Total calculated
    $3,725,738
    From this org
    $0
    From related orgs
    $3,692,443
    Other
    $33,295
    Hours/week
    0

    Schedule J breakdown matched by us

    Base
    not reported + $757,092 related
    Bonus
    not reported + $1,534,575 related
    Other
    not reported + $1,400,776 related
    Deferred
    not reported
    Nontaxable benefits
    not reported + $33,295 related
    Filer's total
    not reported + $3,725,738 related

  • Richard D Anderson

    Former Vice President

    Total calculated
    $2,496,414
    From this org
    $0
    From related orgs
    $2,352,188
    Other
    $144,226
    Hours/week
    0

    Schedule J breakdown matched by us

    Base
    not reported + $487,620 related
    Bonus
    not reported + $1,338,184 related
    Other
    not reported + $526,384 related
    Deferred
    not reported + $117,036 related
    Nontaxable benefits
    not reported + $27,190 related
    Filer's total
    not reported + $2,496,414 related

  • James Hahn

    TRUSTEE

    Total calculated
    $1,341,219
    From this org
    $0
    From related orgs
    $1,130,100
    Other
    $211,119
    Hours/week
    0

    Schedule J breakdown matched by us

    Base
    not reported
    Bonus
    not reported + $1,130,100 related
    Other
    not reported
    Deferred
    not reported + $211,119 related
    Nontaxable benefits
    not reported
    Filer's total
    not reported + $1,341,219 related

  • CHARLEY HOFFMAN

    TRUSTEE

    Total calculated
    $994,612
    From this org
    $0
    From related orgs
    $899,522
    Other
    $95,090
    Hours/week
    0

    Schedule J breakdown matched by us

    Base
    not reported
    Bonus
    not reported + $899,522 related
    Other
    not reported
    Deferred
    not reported + $95,090 related
    Nontaxable benefits
    not reported
    Filer's total
    not reported + $994,612 related

  • Edward D Herlihy

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0

  • JIM RICHERSON

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0

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

  • 4b · Supplemental nonqualified retirement plan

Answered no

  • 4a · Severance or change-of-control payment
  • 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, Part 1, Line 4b
CERTAIN EXECUTIVES PARTICIPATE IN A SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN. THE SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN IS A PLAN OF A RELATED ORGANIZATION AND NOT PGA TOUR, INC. DURING EMPLOYMENT, ACTUARIAL CHANGES ARE REPORTED BY PARTICIPANT AS OTHER WAGES IN PART II COLUMN (B)(III) OF SCHEDULE J. WHEN DISTRIBUTIONS ARE MADE AFTER RETIREMENT, THE REPORTABLE AMOUNT IS THE EXCESS OF THE TOTAL PAYMENT RECEIVED LESS ACTUARIAL AMOUNTS PREVIOUSLY REPORTED. ACTUARIAL AMOUNTS REPORTED AS PART OF THE PLAN TOTALED $5,558,184 IN 2022. THE PLAN PARTICIPANTS WERE RICHARD D. ANDERSON, JOSEPH W. MONAHAN, AND RONALD E. PRICE.
Schedule J, Part II, Column (B)
CERTAIN INDIVIDUALS HAVE AMOUNTS REPORTED IN PART VII, SECTION A, COLUMN (E) AND SCHEDULE J, PART II, COLUMN (B) THAT DIFFER FROM AMOUNTS REPORTED ON THEIR FORM W-2. THIS RESULT WAS DUE TO A CHANGE IN RETIREMENT TIMING WHICH AFFECTED THE VALUE OF RETIREMENT BENEFITS AND IT DOES NOT REPRESENT AN ACTUAL ACCRUAL OF BENEFITS UNDER THE SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN. IN 2022, THE INDIVIDUAL THAT HAS AMOUNTS REPORTED IN PART VII AND SCHEDULE J THAT DIFFER FROM AMOUNTS REPORTED ON FORM W-2 IS RONALD E. PRICE.
Schedule J, Part II, Column (F)
CERTAIN INDIVIDUALS RECEIVED A PAYOUT OF OR VESTED IN COMPENSATION PREVIOUSLY REPORTED AS DEFERRED. THIS AMOUNT WAS REPORTED ON PREVIOUS YEARS' FORMS 990 AS DEFERRED COMPENSATION AND IS REPORTED ON THE CURRENT FORM 990 IN BOTH SCHEDULE J, PART II, COLUMN (B) AND COLUMN (F). IN 2022, THE INDIVIDUALS THAT RECEIVED A PAYOUT OF OR VESTED IN COMPENSATION PREVIOUSLY REPORTED AS DEFERRED WERE RICHARD D. ANDERSON AND JOSEPH W. MONAHAN.

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

No itemized grants to organizations on this return.

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.

Provenance

Return type
form_990
Tax year
2022
Filed
9 November 2023
IRS schema version
2022v5.0
Source object
202333139349304143

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

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