Skip to content

Florida · Nonprofit

PGA TOUR CHARITIES INC

PGA TOUR CHARITIES INC (Florida) receives grants from 59 organizations whose IRS filings report $5,836,427 to it, the largest being LOWCOUNTRY FOUNDATION FOR WOUNDED MILITARY HEROS ($1,450,500). 25 of them have funded it in more than one year.

Revenue FY2024
$3.3M
Funders on record
59
Grants received
$5.8M
Net assets
$4.3M
25/59 repeat funderspeak grant-dependency 30%
01What it does

What Pga Tour Charities Inc does

Mission

Pga tour charities, inc. Was established in 1986 for the purpose of generating funds for donations to support other qualified charitable organizations. Pga tour charities, inc. Makes grants to support exempt organizations furthering the welfare and wellbeing of youth, provides charitable support to needy individuals, and supports other charitable initiatives. Through the world of golf, the pga tour drives positive impact at unprecedented levels to support and improve local communities.

As stated on its FY2024 Form 990.

Program

On its FY2024 return the organization reported starting a significant new program.

At the end of 2023, pga tour charities, inc. Assumed the programs of three small charities with similar tax-exempt purposes. Professional caddies assistance foundation provides relief to poor, distressed, and underprivileged current and former professional golf caddies and their immediate families who need financial assistance because they have suffered financial hardship or who have suffered a catastrophic loss due to injury, illness, death, natural disaster, or act of terrorism. Pga tour charitable and educational fund supports other charitable organizations and aids distressed professional and amateur golfers. Pga tour employees emergency relief fund provides relief to poor, distressed, and underprivileged current and former employees of pga tour, inc. And its controlled subsidiaries and their immediate families who need financial assistance because they have suffered financial hardship or who have suffered a catastrophic loss due to injury, illness, death, natural disaster, or act of terrorism. The aforementioned charities' boards resolved to donate their net assets to pga tour charities, inc., dissolved their respective organizations, filed final forms 990, and pga tour charities, inc. Undertook the respective programs.

Its own explanation, from Schedule O of that return (Part III, line 2).

  1. Pga tour charities, inc. Was created to solicit funds for the benefit of exempt organizations with an educational and/or a charitable mission. Pga tour charities, inc. Accomplishes its charitable mission by conducting direct contribution solicitations and fund-raising initiatives, as well as providing charitable support to needy individuals. Pga tour charities, inc. Also makes grants to support exempt organizatons that focus on connecting military service members and their families to homefront groups that provide assistance to them, furthering the welfare and wellbeing of youth, and other worthy charitable initiatives. At the end of 2023, pga tour charities, inc. Assumed the programs of three small charities with similar tax-exempt purposes. Professional caddies assistance foundation provides relief to poor, distressed, and underprivileged current and former professional golf caddies and their immediate families who need financial assistance because they have suffered financial hardship or who have suffered a catastrophic loss due to injury, illness, death, natural disaster, or act of terrorism. Pga tour charitable and educational fund supports other charitable organizations and…

    $3,098,889 spentof which $3,098,889 as grants
    100% of program spending

The program described on its FY2024 Form 990. Program spending in total: $3,098,889.

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 ($7.2M) Expenses 100 ($6.5M) Net assets 100 ($3.9M)2018 Revenue 43 ($3.1M) Expenses 59 ($3.8M) Net assets 55 ($2.1M)2019 Revenue 116 ($8.4M) Expenses 57 ($3.7M) Net assets 179 ($6.9M)2020 Revenue 123 ($8.9M) Expenses 209 ($14M) Net assets 80 ($3.1M)2021 Revenue 63 ($4.6M) Expenses 63 ($4.1M) Net assets 93 ($3.6M)2022 Revenue 37 ($2.7M) Expenses 48 ($3.1M) Net assets 84 ($3.2M)2023 Revenue 53 ($3.8M) Expenses 45 ($2.9M) Net assets 107 ($4.1M)2024 Revenue 46 ($3.3M) Expenses 49 ($3.2M) Net assets 111 ($4.3M)
'17'18'19'20'21'22'23'24
Revenue (46)Expenses (49)Net assets (111)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 2019 to 2020, from $8.3M to $3.7M (−56%).

$7.6M
$3.7M
$8.3M
$3.7M
$4.0M
$3.3M
$4.3M
$4.5M
'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

96% of PGA TOUR CHARITIES INC’s revenue is contributions — more reliant on donations than three-quarters of its peers (82% for the typical peer).

This organization
Typical peer · 2,038 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 3 of the last 8 reported years ran a deficit.

$765k
’17
−$697k
’18
$4.7M
’19
−$4.6M
’20
$480k
’21
−$422k
’22
$915k
’23
$142k
’24
10
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.

'17'18'19'20'21'22'23'24
Listed1313121111111011
Joined·+0+3+1+2+1+3+2
No longer listed·0422141
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 8 funders to 16 funders, grant income rose $235k → $657k.

13 of 59 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 35% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

Left out of every figure on this page: $11M from one payer (the payer shares this organization's board, largest Pga Tour Inc). These are real filings, and they are not money PGA TOUR CHARITIES INC raised.

From the IRS filings of PGA TOUR CHARITIES INC’s funders (the co-funder graph). Top 30 of 59 funders by total. 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

PGA TOUR CHARITIES INC has a broad base — no single funder exceeds 25% of grant income, and it takes 4 funders to reach half.

the vertical line marks half of all grant income — 4 funders to its left

67% 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 PGA TOUR CHARITIES INC.

25%
largest funder
46%
top three
~10
effective funders

Largest funder’s share by year: 2017 43% · 2018 40% · 2019 21% · 2020 16% · 2021 21% · 2022 25% · 2023 38% — diversifying over time.

“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

24% of PGA TOUR CHARITIES INC's funders are still giving 3 years after their first grant; 42% 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

PGA TOUR CHARITIES INC draws 96% of its grant income from funders outside Florida, across 21 states in all.

MI
NY
WY
IN
OH
PA
CT
CA
NE
MO
VA
DE
AZ
AR
NC
SC
LA
AL
GA
TX
FL

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

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

Funder states come from each funder’s own filing. $2.0M arriving through sponsors registered in 12 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

PGA TOUR CHARITIES INC holds deeper cash reserves than three-quarters of the 1,928 youth development nonprofits its size.

Operating margin4% · above the median
Months of reserve10.3mo · top quartile
Revenue growth (annualized)−10% · bottom quartile

this organization peer median middle 50% of peers· 1,928 youth development nonprofits $1M–$10M, FY2024

Organizations like PGA TOUR CHARITIES 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 Florida

Nationally

05Profile & governance

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

Where the money goes

97% of spending goes to programs.

Program 97%Management 2%Fundraising 1%

Governance

6
board members
33%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Public support

75%

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

Footprint & structure

Files a return copy in 32 states

AK
ME
NH
WA
ND
MN
IL
WI
MI
NY
MA
OH
PA
NJ
CT
RI
CA
KY
WV
VA
MD
AZ
NM
KS
AR
TN
NC
SC
MS
AL
GA
FL

Part of a family of 21 related entities

  • Pga Tour Inc · exempt
  • Tpc of Boston at Greatwoods LLC · partnership
  • Tpc of Illinois LLC · partnership
  • Academy Assets LLC · partnership
  • Pga Tour Enterprises LLC · partnership

Screen this organization

A dated, signed PDF of the compliance screen for PGA TOUR CHARITIES 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.

A paid feature, included from the $75 plan up. Sign in to download.

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 PGA TOUR CHARITIES INC?
PGA TOUR CHARITIES INC (Florida) receives grants from 59 organizations whose IRS filings report $5,836,427 to it, the largest being LOWCOUNTRY FOUNDATION FOR WOUNDED MILITARY HEROS ($1,450,500). 25 of them have funded it in more than one year.
How many funders does PGA TOUR CHARITIES INC have?
IRS filings report 59 organizations giving $5,836,427 in grants to PGA TOUR CHARITIES INC, 25 of which have funded it in more than one year.
Who is the largest funder of PGA TOUR CHARITIES INC?
LOWCOUNTRY FOUNDATION FOR WOUNDED MILITARY HEROS is the largest funder on record, with $1,450,500 in grants. The full list of funders is on this page.
How can an organization like PGA TOUR CHARITIES INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Florida. 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 59 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 22, 2026. What this page cannot tell you · view filing