Totals
- Total revenue
- $11,242,698
- Total expenses
- $11,029,840
- Contributions and grants received
- $11,242,698
- Grants paid
- $2,753,156
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $0
- Total assets, end of year
- $2,814,610
- Total liabilities, end of year
- $2,620,912
- Net assets or fund balances, end of year
- $193,698
- Program services expenses (Part IX)
- $9,222,991
- Management and general expenses
- $117,537
- Fundraising expenses
- $1,689,312
- Program service expenses (Part III)
- $9,222,991
Program services were 83.6% 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
$11,242,698
-
3 · Investment income
total $0
-
4 · Income from investment of tax-exempt bond proceeds
total $0
-
5 · Royalties
total $0
-
6d · Net rental income or loss
total $0
-
7d · Net gain or loss
total $0
-
8c · Net income from fundraising events
total $0
-
9c · Net income from gaming
total $0
-
10c · Net income from sales of inventory
total $0
-
11e · Other revenue, total
$0
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $2,753,156 · program services $2,753,156
-
2 · Grants to domestic individuals
total $0
-
3 · Grants to foreign organizations and individuals
total $0
-
4 · Benefits paid to or for members
total $0
-
5 · Compensation of officers, directors and key employees
total $0
-
6 · Compensation of disqualified persons
total $0
-
7 · Other salaries and wages
total $201,842 · program services $76,448 · management and general $99,911 · fundraising $25,483
-
8 · Pension plan contributions
total $0
-
9 · Other employee benefits
total $73,842 · program services $648 · fundraising $73,194
-
10 · Payroll taxes
total $0
-
11a · Fees: management
total $0
-
11b · Fees: legal
total $0
-
11c · Fees: accounting
total $0
-
11d · Fees: lobbying
total $0
-
11e · Fees: professional fundraising services
total $0
-
11f · Fees: investment management
total $0
-
11g · Fees: other
total $1,113,564 · management and general $1,550 · fundraising $1,112,014
-
12 · Advertising and promotion
total $13,306 · fundraising $13,306
-
13 · Office expenses
total $0
-
14 · Information technology
total $0
-
15 · Royalties
total $0
-
16 · Occupancy
total $0
-
17 · Travel
total $0
-
18 · Travel or entertainment for public officials
total $0
-
19 · Conferences, conventions and meetings
total $0
-
20 · Interest
total $0
-
21 · Payments to affiliates
total $0
-
22 · Depreciation, depletion and amortization
total $0
-
23 · Insurance
total $0
-
24a · Other expenses: program service event expenses
total $6,392,591 · program services $6,392,591
-
24b · Other expenses: OTHER FEES
total $213,127 · fundraising $213,127
-
24c · Other expenses: CREDIT CARD FEES
total $195,488 · fundraising $195,488
-
24d · Other expenses: OTHER EXPENSES
total $35,775 · program services $90 · management and general $339 · fundraising $35,346
-
24e · All other expenses
total $37,149 · program services $58 · management and general $15,737 · fundraising $21,354
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $1,885,020 · end of year $1,032,934
-
2 · Savings and temporary cash investments
end of year $0
-
3 · Pledges and grants receivable
beginning of year $1,028,148 · end of year $123,682
-
4 · Accounts receivable
end of year $0
-
5 · Loans and receivables from officers and key people
end of year $0
-
6 · Loans and receivables from disqualified persons
end of year $0
-
7 · Other notes and loans receivable
end of year $0
-
8 · Inventories for sale or use
end of year $0
-
9 · Prepaid expenses and deferred charges
end of year $1,657,994
-
10c · Land, buildings and equipment, net
end of year $0
-
11 · Investments: publicly traded securities
end of year $0
-
12 · Investments: other securities
end of year $0
-
13 · Investments: program-related
end of year $0
-
14 · Intangible assets
end of year $0
-
15 · Other assets
end of year $0
-
17 · Accounts payable and accrued expenses
beginning of year $2,010,907 · end of year $2,369,001
-
19 · Deferred revenue
beginning of year $921,422 · end of year $251,911
-
27 · Net assets without donor restrictions
beginning of year -$19,161 · end of year $193,698
Mission and programs · 2023
Mission
To utilize our platform and resources to strengthen communities and enrich lives on a national and local scale.
Activities or mission (Part I)
PEOPLE ARE THE HEART AND FABRIC OF INVITED AND WE TAKE PRIDE IN CREATING VIBRANT COMMUNITIES WHERE EVERYONE IS WELCOME. AS A PART OF OUR MISSION TO STRENGTHEN COMMUNITIES AND ENRICH LIVES, WE CULTIVATE A CULTURE OF GIVING WITHIN THE COMPANY TO SUPPORT PROGRAMS & SERVICES THAT POSITIVELY IMPACT INDIVIDUAL WELL-BEING AND GROW THE GAME OF GOLF FOR UNDERREPRESENTED GROUPS.
-
THE LARGEST PHILANTHROPIC INITIATIVE OF INVITED FOUNDATION IS CHARITY CLASSIC WHERE EACH CLUB IN OUR NETWORK HOSTS AN ANNUAL CHARITABLE FUNDRAISER TO BENEFIT A LOCAL NONPROFIT AND INVITED'S EMPLOYEE CARE FUND. THROUGH THIS PROGRAM WE RAISE MILLIONS OF DOLLARS IN DONATIONS FOR 100+ NONPROFIT ORGANIZATIONS. IN 2023, INVITED FOUNDATION DONATED OVER $2.5M; TOTAL GIVING SINCE THE PROGRAMS INCEPTION IS OVER $35M. WE CONTINUE TO SUPPORT OUR EMPLOYEES THROUGH TIMES OF FINANCIAL HARDSHIP THROUGH THE ECF. FUNDS DONATED THROUGH CHARITY CLASSIC AND EMPLOYEE DONATIONS HELP PROVIDE GRANT ASSISTANCE TO EMPLOYEES FOR VARIOUS UNFORESEEN EMERGENCIES CAUSED BY A SUDDEN DEATH IN THE FAMILY, HOME FIRE OR IMPACTS OF A NATURAL DISASTER. THE ECF GRANTED $575,000 IN FINANCIAL ASSISTANCE TO OVER 300 EMPLOYEES IN 2023. THE INVITED CELEBRITY CLASSIC WAS ALSO HELD IN 2023. THE TOURNAMENT IS HELD IN COLLABORATION WITH THE PGA TOUR CHAMPIONS AND FEATURES.WE ARE PROUD TO HAVE DONATED OVER $150,000 TO FIVE CHARITIES THAT SUPPORT JUNIOR GOLF, EDUCATIONAL SCHOLARSHIPS AND NEEDS OF MILITARY FAMILIES IN 2023. ICCS impact over the past three years INCLUDE: $634,000 in total charitable contributions $5.6 million in economic impact to the City of Irving and Las Colinas 1,500+ volunteers ensured the event was a success
Expenses $9,222,991 · Grants $2,753,156
As filed on the 2023 return.
Listed in Part VII
-
DAVID PILLSBURY
President
- Total calculated
- $0
- Hours/week
- 1
-
ANDREW LACKO
Treasurer
- Total calculated
- $0
- Hours/week
- 1
-
EMILY DECKER
Secretary
- Total calculated
- $0
- Hours/week
- 1 + 1 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.
Grants on this return
-
$737,121
GENERAL SUPPORT
-
$90,907
GENERAL SUPPORT
-
$90,207
GENERAL SUPPORT
-
$77,280
GENERAL SUPPORT
-
$71,299
GENERAL SUPPORT
-
$68,900
GENERAL SUPPORT
-
$64,313
general support
-
$55,500
GENERAL SUPPORT
-
$50,500
GENERAL SUPPORT
-
$50,286
GENERAL SUPPORT
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.
-
CLUBCORP EMPLOYEE PARTNER ASS FUND
501(C)(3) · EMPLOYEE ASSISTANCE · TX
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 corporations and trusts
Part IV: related organizations taxable as a corporation or trust.
-
C CORP · PRIVATE CLUBS · DE
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 17 October 2024
- IRS schema version
- 2023v5.1
- Source object
- 202402919349301810
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
The source document this was parsed from is served over the API, which is where bulk and document access live.