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Maryland · Nonprofit

CAVES VALLEY GOLF CLUB FOUNDATION INC

CAVES VALLEY GOLF CLUB FOUNDATION INC (Maryland) receives grants from 27 organizations whose IRS filings report $1,789,155 to it, the largest being FIDELITY INVESTMENTS CHARITABLE GIFT FUND ($782,987). 18 of them have funded it in more than one year, and 58% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.

Revenue FY2024
$1.8M
Funders on record
27
Grants received
$1.8M
Net assets
$4.8M
18/27 repeat fundersgrants exceed reported revenue in one year
01What it does

What Caves Valley Golf Club Foundation Inc does

Mission

Golf is an ancient and honorable game. Many of life's lessons and values are learned and reinforced through golf. Caves valley not only provides the setting and facility to enjoy and pass on our love and respect for the game, but is also a vehicle to bring and enhance the values received by young people from golf. Caves valley golf club foundation is dedicated to improving the lives of young people through exposure to golf's customs, traditions and rules of fair play. To this end the foundation sponsors a variety of activities to: (I) introduce golf's values to young people especially those who might otherwise never have this opportunity, (ii) assist caddies further their formal education through college scholarships, and (iii) partner with other organizations similarly focused on making a difference for young people through the game of golf.

As stated on its FY2024 Form 990.

Programs

  1. The foundation has established an educational scholarshipprogram for individuals providing services as caddies at cavesvalley golf club (club) and at other baltimore metropolitan areagolf clubs. The purpose of the program is to afford the financial assistance to individuals providing services as caddies in achieving their higher education goals. The program awards scholarships basedon a selective application and approval process. The scholarshipsprovide financial tuition assistance and are renewed annually, upto a maximum of three (3) years, provided eligibility requirementscontinue to be met.the foundation also offers scholarships (umes scholarships) withthe university of maryland eastern shore (umes) to assist umes to recruit and retain the highest caliber students for enrollment inumes' pga golf management program. The umes scholarshipprovides financial assistance covering the costs of tuition, roomand board, books and a laptop during the duration of the student'sparticipation in the program, contingent upon eligibilityrequirements continuing to be met.

    $173,753 spentof which $173,753 as grants
    12% of program spending
  2. In connection with caves valley golf club's agreement with the pga tour and the western golf association to host the 2021 bmw championship, the foundation agreed to donate $2 million to the evans scholars foundation to support the evans scholars foundation at the university of maryland, college park and the caves valley evans scholarship house at the university of maryland, college park. Caves valley golf club agreed to assist the foundation in raising at least $1 million of the $2 million donation. The donation was contingent upon the 2021 bmw championship being held at caves valley golf club, which occurred in august 2021. The initial donation of $2 million is being paid in four installments of $500,000, ending june 2023. For each of the years ended december 31, 2022 and 2021, the foundation donated $500,000 to the evans scholars foundation.in august 2022 caves valley golf club entered into an agreement with the pga tour and the western golf association to host the 2025 bmw championship. In connection with this agreement, the foundation has agreed to donate an additional $3 million to the evans scholars foundation to support the evans scholars foundation at the university of…

    $1,000,000 spentof which $1,000,000 as grants
    70% of program spending
  3. Unconditional grants made by the foundation to first tee of baltimore, maryland state golf association, boys & girls clubs of metropolitan baltimore and other organizations as listed on schedule I.

    $247,500 spentof which $247,500 as grants
    17% of program spending

The 3 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $1,421,253.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($288k) Expenses 100 ($225k) Net assets 100 ($2.4M)2018 Revenue 365 ($1.1M) Expenses 350 ($788k) Net assets 107 ($2.5M)2019 Revenue 130 ($376k) Expenses 114 ($255k) Net assets 132 ($3.1M)2020 Revenue 297 ($857k) Expenses 324 ($730k) Net assets 156 ($3.7M)2021 Revenue 1090 ($3.1M) Expenses 357 ($803k) Net assets 267 ($6.3M)2022 Revenue 84 ($242k) Expenses 397 ($893k) Net assets 192 ($4.5M)2023 Revenue 301 ($869k) Expenses 436 ($981k) Net assets 214 ($5.0M)2024 Revenue 627 ($1.8M) Expenses 696 ($1.6M) Net assets 202 ($4.8M)
'17'18'19'20'21'22'23'24
Revenue (627)Expenses (696)Net assets (202)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2020 to 2021, from $3.7M to $6.3M (+70%).

$2.4M
$2.5M
$3.1M
$3.7M
$6.3M
$4.5M
$5.0M
$4.8M
'17'18'19'20'21'22'23'24
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

52% of CAVES VALLEY GOLF CLUB FOUNDATION INC’s revenue is contributions — more donation-reliant than the typical peer (48% for the typical peer).

This organization
Typical peer · 12,352 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 2 of the last 8 reported years ran a deficit.

$63k
’17
$265k
’18
$121k
’19
$127k
’20
$2.3M
’21
−$651k
’22
−$112k
’23
$239k
’24
8.7
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Board chair

Mr Gary L Attman

Chairman

As listed on its FY2024 Form 990.

'17'18'19'20'21'22'23'24
Listed88888888
Joined·+1+0+0+1+0+2+0
No longer listed·1001020
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 7 funders to 10 funders, grant income rose $50k → $265k.

9 of 27 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 58% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of CAVES VALLEY GOLF CLUB FOUNDATION INC’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

CAVES VALLEY GOLF CLUB FOUNDATION INC leans on a few funders — its largest provides 44% of grant income and the top three 67%; half comes from just 2 funders.

the vertical line marks half of all grant income — 2 funders to its left

69% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund CAVES VALLEY GOLF CLUB FOUNDATION INC.

44%
largest funder
67%
top three
~4
effective funders

Largest funder’s share by year: 2017 30% · 2018 44% · 2019 59% · 2020 25% · 2021 52% · 2022 40% · 2023 63% — growing more concentrated.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How long its funders stay

62% of CAVES VALLEY GOLF CLUB FOUNDATION INC's funders are still giving 3 years after their first grant; 67% give in more than one year at all.

first grant+1y+2y+3y+4y+5y+6y

Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.

Where its funders are

58% of CAVES VALLEY GOLF CLUB FOUNDATION INC's grant income arrives through donor-advised or pass-through sponsors, whose addresses record where the money is held rather than where the donor is. Of the $756k that is directly attributable, 80% of it comes from Maryland funders.

IL
PA
NJ
RI
MD
DE
FL

In-state vs out-of-state, by year

’17
’18
’19
’20
’21
’22
’23
Maryland out of state home

Funder states come from each funder’s own filing. $1.0M arriving through sponsors registered in 8 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

CAVES VALLEY GOLF CLUB FOUNDATION INC holds deeper cash reserves than three-quarters of the 11,752 education nonprofits its size.

Operating margin13% · above the median
Months of reserve8.7mo · top quartile
Revenue growth (annualized)30% · top quartile

this organization peer median middle 50% of peers· 11,752 education nonprofits $1M–$10M, FY2024

Organizations like CAVES VALLEY GOLF CLUB FOUNDATION INC

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Maryland

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

91% of spending goes to programs.

Program 91%Management 5%Fundraising 4%

Governance

8
board members
100%
independent
–Conflict-of-interest policy–Whistleblower policy–Document retention✓Board reviewed the 990✓Audited financials

Public support

79%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 1 state

MD

Screen this organization

A dated, signed PDF of the compliance screen for CAVES VALLEY GOLF CLUB FOUNDATION INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds CAVES VALLEY GOLF CLUB FOUNDATION INC?
CAVES VALLEY GOLF CLUB FOUNDATION INC (Maryland) receives grants from 27 organizations whose IRS filings report $1,789,155 to it, the largest being FIDELITY INVESTMENTS CHARITABLE GIFT FUND ($782,987). 18 of them have funded it in more than one year, and 58% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
How many funders does CAVES VALLEY GOLF CLUB FOUNDATION INC have?
IRS filings report 27 organizations giving $1,789,155 in grants to CAVES VALLEY GOLF CLUB FOUNDATION INC, 18 of which have funded it in more than one year.
Who is the largest funder of CAVES VALLEY GOLF CLUB FOUNDATION INC?
FIDELITY INVESTMENTS CHARITABLE GIFT FUND is the largest funder on record, with $782,987 in grants. The full list of funders is on this page.
How can an organization like CAVES VALLEY GOLF CLUB FOUNDATION INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Maryland. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 27 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing