Totals
- Total revenue
- $16,716,797
- Total expenses
- $16,202,756
- Contributions and grants received
- $9,455,144
- Grants paid
- $2,113,082
- Program service revenue
- $1,445,257
- Investment income
- $5,810,411
- Other revenue
- $5,985
- Total assets, end of year
- $159,376,969
- Total liabilities, end of year
- $3,843,044
- Net assets or fund balances, end of year
- $155,533,925
- Program services expenses (Part IX)
- $12,155,142
- Management and general expenses
- $2,247,064
- Fundraising expenses
- $1,800,550
- Program service expenses (Part III)
- $12,155,142
Program services were 75.0% 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.
-
1d · Related organizations
$2,253,839
-
1f · All other contributions, gifts and grants
$7,201,305
-
1g · Noncash contributions included above
$7,146
-
2a · Program service revenue: EDUCATOR PROF LEARNING
total $1,419,477 · related or exempt $1,419,477
-
2b · Program service revenue: CLASS REGISTRATION
total $25,780 · related or exempt $25,780
-
3 · Investment income
total $4,728,539 · unrelated business -$6,819 · excluded $4,735,358
-
6a · Gross rents
real property $250
-
6b · Less rental expenses
real property $0
-
6c · Rental income or loss
real property $250
-
6d · Net rental income or loss
total $250 · excluded $250
-
7a · Gross sales of assets other than inventory
securities $49,261,367
-
7b · Less cost or other basis and sales expenses
securities $48,179,495
-
7c · Gain or loss
securities $1,081,872
-
7d · Net gain or loss
total $1,081,872 · unrelated business -$56 · excluded $1,081,928
-
11a · Other revenue: REBATES
total $5,735 · excluded $5,735
-
11e · Other revenue, total
$5,735
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $1,909,421 · program services $1,909,421
-
2 · Grants to domestic individuals
total $203,661 · program services $203,661
-
5 · Compensation of officers, directors and key employees
total $1,835,167 · program services $1,085,739 · management and general $258,698 · fundraising $490,730
-
7 · Other salaries and wages
total $4,926,647 · program services $3,538,021 · management and general $784,795 · fundraising $603,831
-
8 · Pension plan contributions
total $190,427 · program services $126,439 · management and general $31,104 · fundraising $32,884
-
9 · Other employee benefits
total $1,004,806 · program services $691,488 · management and general $152,472 · fundraising $160,846
-
10 · Payroll taxes
total $474,547 · program services $330,830 · management and general $70,219 · fundraising $73,498
-
11b · Fees: legal
total $45,495 · program services $29,063 · management and general $7,934 · fundraising $8,498
-
11c · Fees: accounting
total $128,079 · program services $26,106 · management and general $94,040 · fundraising $7,933
-
11e · Fees: professional fundraising services
total $41,245 · fundraising $41,245
-
11f · Fees: investment management
total $427,638 · management and general $427,638
-
11g · Fees: other
total $907,225 · program services $778,118 · management and general $62,769 · fundraising $66,338
-
12 · Advertising and promotion
total $368,141 · program services $277,397 · management and general $44,256 · fundraising $46,488
-
13 · Office expenses
total $268,009 · program services $211,838 · management and general $31,850 · fundraising $24,321
-
14 · Information technology
total $380,669 · program services $233,396 · management and general $71,595 · fundraising $75,678
-
16 · Occupancy
total $982,292 · program services $847,917 · management and general $121,901 · fundraising $12,474
-
17 · Travel
total $308,221 · program services $213,942 · management and general $26,711 · fundraising $67,568
-
19 · Conferences, conventions and meetings
total $193,944 · program services $109,169 · management and general $26,107 · fundraising $58,668
-
22 · Depreciation, depletion and amortization
total $466,351 · program services $458,703 · management and general $6,061 · fundraising $1,587
-
23 · Insurance
total $299,251 · program services $244,831 · management and general $27,746 · fundraising $26,674
-
24a · Other expenses: PROGRAM SUPPLIES
total $684,051 · program services $684,051
-
24b · Other expenses: EWS EXPENSES
total $106,590 · program services $106,590
-
24c · Other expenses: TWLC EXPANSION EXPENSES
total $28,446 · program services $28,446
-
24d · Other expenses: PROJECT DEVELOPMENT
total $15,734 · program services $15,734
-
24e · All other expenses
total $6,699 · program services $4,242 · management and general $1,168 · fundraising $1,289
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $375 · end of year $1,157
-
2 · Savings and temporary cash investments
beginning of year $6,408,540 · end of year $7,238,766
-
3 · Pledges and grants receivable
beginning of year $4,598,648 · end of year $245,712
-
4 · Accounts receivable
beginning of year $1,035,547 · end of year $820,037
-
5 · Loans and receivables from officers and key people
beginning of year $0 · end of year $0
-
6 · Loans and receivables from disqualified persons
beginning of year $0 · end of year $0
-
7 · Other notes and loans receivable
beginning of year $0 · end of year $0
-
8 · Inventories for sale or use
beginning of year $0 · end of year $0
-
9 · Prepaid expenses and deferred charges
beginning of year $2,894,080 · end of year $1,266,483
-
10a · Land, buildings and equipment: cost or other basis
$16,494,857
-
10b · Land, buildings and equipment: accumulated depreciation
$8,527,082
-
10c · Land, buildings and equipment, net
beginning of year $8,242,033 · end of year $7,967,775
-
11 · Investments: publicly traded securities
beginning of year $65,514,033 · end of year $116,953,318
-
12 · Investments: other securities
beginning of year $58,238,366 · end of year $20,838,951
-
13 · Investments: program-related
beginning of year $0 · end of year $0
-
14 · Intangible assets
beginning of year $0 · end of year $0
-
15 · Other assets
beginning of year $128,107 · end of year $4,044,770
-
17 · Accounts payable and accrued expenses
beginning of year $534,244 · end of year $1,134,004
-
18 · Grants payable
beginning of year $283,450 · end of year $720,798
-
19 · Deferred revenue
beginning of year $0 · end of year $3,650
-
20 · Tax-exempt bond liabilities
beginning of year $0 · end of year $0
-
21 · Escrow or custodial account liability
beginning of year $0 · end of year $0
-
22 · Loans and payables to officers and key people
beginning of year $0 · end of year $0
-
23 · Secured mortgages and notes payable
beginning of year $0 · end of year $0
-
24 · Unsecured notes and loans payable
beginning of year $0 · end of year $0
-
25 · Other liabilities
beginning of year $1,333,000 · end of year $1,984,592
-
27 · Net assets without donor restrictions
beginning of year $140,489,650 · end of year $148,879,476
-
28 · Net assets with donor restrictions
beginning of year $4,419,385 · end of year $6,654,449
Mission and programs · 2024
Mission
THE MISSION OF TIGER WOODS FOUNDATION (DBA TGR FOUNDATION) IS TO EMPOWER STUDENTS TO PURSUE THEIR PASSIONS THROUGH EDUCATION. THE VISION OF THE ORGANIZATION IS A WORLD WHERE OPPORTUNITY IS UNIVERSAL AND POTENTIAL IS LIMITLESS.
Activities or mission (Part I)
A NON-PROFIT THAT OPERATES EDUCATION-BASED LEARNING FACILITIES AND PROVIDES NO-COST EDUCATIONAL PROGRAMMING FOR YOUTH AND TEACHER TRAINING YEAR-ROUND.
-
THREE AREAS OF FOCUS FOR STUDENT PROGRAMMING PRIMARILY DRIVE THE TRANSFORMATIVE IMPACT AT TGR LEARNING LABS YEAR-ROUND: STEAM EDUCATIONAL ENRICHMENT, HEALTH & WELL-BEING AND CAREER & COLLEGE READINESS. (SEE SCHEDULE O)
Expenses $9,663,970 · Revenue $1,445,257
-
THE TGR FOUNDATION COMMUNITY GRANTS PROGRAM PROVIDES SUPPORT TO LOCAL COMMUNITIES BY PROVIDING FUNDING TO ORGANIZATIONS THAT SPECIALIZE IN EDUCATION AND YOUTH DEVELOPMENT. SPECIFICALLY, THE GRANT PROGRAM SERVES ORGANIZATIONS THAT ENHANCE THE YOUTH LEARNING PROCESS. THIS PROGRAM SUPPORTS ORGANIZATIONS, PROGRAMMING AND PROJECTS BY INVITATION ONLY AND ALL GRANTS ARE SUBJECT TO PRE- AND POST-QUALIFICATIONS SUBJECT TO APPLICABLE FEDERAL GUIDELINES.
Expenses $2,180,921 · Grants $1,909,421
-
THE EARL WOODS SCHOLAR PROGRAMEACH YEAR, HIGH SCHOOL STUDENTS WHO POSSESS A RECORD OF HIGH ACADEMIC ACHIEVEMENT, A COMMITMENT TO COMMUNITY SERVICE AND DEMONSTRABLE FINANCIAL NEED ARE SELECTED BY TGR FOUNDATION TO BE EARL WOODS SCHOLARS. NINETEEN EXEMPLARY YOUNG ADULTS FROM ORANGE AND LOS ANGELES COUNTIES, CA, PHILADELPHIA, PA, NEW YORK, NY, AND WASHINGTON, DC, WERE CHOSEN IN 2025 AND ARE CURRENTLY ATTENDING HIGHLY REGARDED UNIVERSITIES AND COLLEGES SUCH AS DARTMOUTH, NEW YORK UNIVERSITY, PURDUE, UCLA AND WESLEYAN. (SEE SCHEDULE O)
Expenses $310,251 · Grants $203,661
As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Cyndi CourtCYNDI COURT
CEO/SECRETARY
- Total calculated
- $522,033
- From this org
- $370,500
- From related orgs
- $123,500
- Other
- $28,033
- Hours/week
- 40 + 15 related
Schedule J breakdown matched by us
- Base
- $337,500 + $112,500 related
- Bonus
- $33,000 + $11,000 related
- Other
- $0
- Deferred
- $6,891 + $2,297 related
- Nontaxable benefits
- $18,845
- Filer's total
- $396,236 + $125,797 related
-
Michael D McKeeMICHAEL D MCKEE
CHAIRMAN
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Sandra BarrySANDRA BARRY
DIRECTOR (THRU 09/25)
- Total calculated
- $0
- Hours/week
- 1
-
Kenneth W BentleyKENNETH W BENTLEY
DIRECTOR (THRU 07/25)
- Total calculated
- $0
- Hours/week
- 1
-
Danny ConwayDANNY CONWAY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Nick GrossNICK GROSS
DIRECTOR (AS OF 4/1/25)
- Total calculated
- $0
- Hours/week
- 1
-
Karina HamiltonKARINA HAMILTON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Christopher J HubmanCHRISTOPHER J HUBMAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Rob LightROB LIGHT
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Ed MachirED MACHIR
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Alexis OhanianALEXIS OHANIAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Jonathan OrszagJONATHAN ORSZAG
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
William SmilowWILLIAM SMILOW
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Mark SteinbergMARK STEINBERG
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Leo TuckerLEO TUCKER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Peter V UeberrothPETER V UEBERROTH
DIRECTOR (THRU 05/25)
- Total calculated
- $0
- Hours/week
- 1
-
Joe WilkinsJOE WILKINS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Bill WoodleyBILL WOODLEY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Jin ThatcherJIN THATCHER
COO (THRU 09/05/25)
- Total calculated
- $399,369
- From this org
- $351,255
- From related orgs
- $0
- Other
- $48,114
- Hours/week
- 49 + 1 related
Schedule J breakdown matched by us
- Base
- $321,255
- Bonus
- $30,000
- Other
- $0
- Deferred
- $12,800
- Nontaxable benefits
- $35,314
- Filer's total
- $399,369
-
Michelle A BemisMICHELLE A BEMIS
ASSISTANT SECRETARY
- Total calculated
- $397,376
- From this org
- $0
- From related orgs
- $369,964
- Other
- $27,412
- Hours/week
- 0 + 40 related
Schedule J breakdown matched by us
- Base
- $0 + $324,964 related
- Bonus
- $0 + $45,000 related
- Other
- $0
- Deferred
- $0 + $13,000 related
- Nontaxable benefits
- $0 + $14,412 related
- Filer's total
- $0 + $397,376 related
-
Meredith FooteMEREDITH FOOTE
EXEC DR, LEARNING LAB PA
- Total calculated
- $210,479
- From this org
- $201,650
- From related orgs
- $0
- Other
- $8,829
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $192,400
- Bonus
- $9,250
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $8,829
- Filer's total
- $210,479
-
Gyla BellGYLA BELL
EXEC DR, LEARNING LAB CA
- Total calculated
- $208,268
- From this org
- $190,501
- From related orgs
- $0
- Other
- $17,767
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $180,337
- Bonus
- $10,164
- Other
- $0
- Deferred
- $7,213
- Nontaxable benefits
- $10,554
- Filer's total
- $208,268
-
Hrag HamalianHRAG HAMALIAN
PRESIDENT, LEARNING LABS
- Total calculated
- $456,579
- From this org
- $415,600
- From related orgs
- $0
- Other
- $40,979
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $415,600
- Bonus
- $0
- Other
- $0
- Deferred
- $16,800
- Nontaxable benefits
- $24,179
- Filer's total
- $456,579
-
John LeeJOHN LEE
SVP, PROGRAMS
- Total calculated
- $259,781
- From this org
- $247,126
- From related orgs
- $0
- Other
- $12,655
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $235,790
- Bonus
- $11,336
- Other
- $0
- Deferred
- $9,432
- Nontaxable benefits
- $3,223
- Filer's total
- $259,781
-
Christina FriendCHRISTINA FRIEND
CHIEF DVLP OFFICER (THRU 04/25)
- Total calculated
- $303,999
- From this org
- $278,800
- From related orgs
- $0
- Other
- $25,199
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $278,800
- Bonus
- $0
- Other
- $0
- Deferred
- $4,200
- Nontaxable benefits
- $20,999
- Filer's total
- $303,999
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
- 3 · Compensation committee
- 3 · Independent compensation consultant
- 3 · Compensation survey or study
- 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 3
- COMPENSATION FROM RELATED ORGANIZATIONS THE CEO AND SECRETARY, CYNDI COURT, WAS COMPENSATED THROUGH TIGER WOODS FOUNDATION, INC., AND A RELATED 501(C)(3) ORGANIZATION, TIGER WOODS CHARITY EVENT CORPORATION, WHERE SHE DEVOTED A COMBINED TOTAL OF 55 HOURS PER WEEK. IN CONJUNCTION WITH HER DUTIES AS CEO OF THE TIGER WOODS FOUNDATION, SHE OVERSAW ALL TIGER WOODS LEARNING CENTERS AND ALL THE NATIONAL SCHOLARSHIP PROGRAMS.
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
-
$800,000
COMMUNITY SUPPORT
-
GENESIS INSPIRATION FOUNDATION
$514,085
COMMUNITY SUPPORT
-
$320,000
COMMUNITY SUPPORT
-
$150,000
COMMUNITY SUPPORT
-
$50,000
COMMUNITY SUPPORT
-
COMMUNITY SUPPORT
-
$14,085
COMMUNITY SUPPORT
-
$14,085
COMMUNITY SUPPORT
-
$14,085
COMMUNITY SUPPORT
-
COMMUNITY 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.
-
TIGER WOODS CHARITY EVENT CORPORATION
501(C)(3) · FUNDRAISING · CA · controlled entity
Directly controlled by TWF
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.
Disregarded entities
Part I: entities that legally are the filer and file no return of their own.
-
TGR LEARNING LAB PHILADELPHIA LLC
EDUCATION · PA · income $1,834,670 · assets $433,345
Directly controlled by TGR FDN
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 14 August 2026
- IRS schema version
- 2024v5.5
- Source object
- 202602269349300825
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.