WORLD GOLF FOUNDATION INC

PONTE VEDRA, FL, 32082-2826 (904) 940-4000 Est. 1989 EIN 59-2998925
N110— Recreation & Sports Form 990 501(c)(3)
worldgolffoundation.org thefirsttee.org

Mission

TO UNITE THE GOLF INDUSTRY AROUND INITIATIVES THAT PROMOTE, ENHANCE THE GROWTH OF AND PROVIDE ACCESS TO THE GAME WORLDWIDE, WHILE PRESERVING GOLF'S TRADITIONAL VALUES AND PASSING THEM ON TO OTHERS. IT ACCOMPLISHES ITS MISSION THROUGH: 1. AMERICAN GOLF INDUSTRY COALITION UNITES AND ACTIVATES THE GOLF INDUSTRY AROUND KEY STRATEGIC INITIATIVES THAT INCREASE PARTICIPATION AND RETENTION OF PARTICIPANTS, INSPIRE INVOLVEMENT AND INTEREST IN THE GAME, AND PROMOTE SUSTAINABLE BEST PRACTICES FOR GOLF FACILITIES. FURTHER, THE COALITION RENDERS SUPPORT AND ASSISTANCE BY MEANS OF CONTRIBUTIONS AND GRANTS TO EXEMPT ORGANIZATIONS ESTABLISHED TO DIVERSIFY THE SPORT OF GOLF AND SUPPORT ENVIRONMENTAL AND SUSTAINABILITY INITIATIVES. 2. WORLD GOLF HALL OF FAME CELEBRATES GOLF AND PRESERVES THE LEGACIES OF THOSE WHO HAVE MADE IT GREAT.

Giving Portfolio

Total Grants
382
Total Giving
$82.7M
Recipients
376
Years Active
2018 - 2024
Avg grant: $5,790,087 Median: $13,750

Yearly Trends

YearGrantsTotal Giving Avg GrantNewRepeat
202438$485K $13K1127
202333$525K $16K1617
202242$668K $16K411
20202$69.2M $34.6M10
2019155$6.2M $40K8269
2018112$5.6M $50K1110

Sectors Funded

Recreation & Sports
160
Youth Development
47
Education
24
Human Services
19
Philanthropy & Grantmaking
12
Arts, Culture & Humanities
5
Health Care
3
Community Improvement
2
and 2 more sectors

Top States

California
47
Florida
40
Texas
23
North Carolina
22
Georgia
20
Ohio
19
Illinois
18
Michigan
16
and 36 more states

Grantee Size Profile

$100K - $500K
102
$1M - $5M
82
$500K - $1M
49
Under $100K
24
$10M - $50M
7
$5M - $10M
6
Over $50M
3

Top Grantees

Page 1 of 3
Nine Values Foundation
$475K
Tennessee Golf Foundation
TN - 2 grants
$296K

Grants Awarded · 298 grants

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Financials

Total Revenue
$-3,259,947
Total Expenses
$6,788,017
Net Assets
$7,829,560
21 employees
From latest filing (tax period ending 2024-12-31)

Financial Health

Operating Reserve
13.8 months Healthy
Net assets / monthly expenses
Year-over-Year Change
Revenue ↓ 130.0%
Expenses ↓ 31.7%
Expense Breakdown
Program 82.5% Management 14.2% Fundraising 3.3%

Officers & Trustees (14)

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Filing History (6 filings)

YearRevenueExpensesNet Assets
2024 Form 990
Jan 1, 2024 to Dec 31, 2024
$-3,259,947 $6,788,017$7,829,560
2023 Form 990
Jan 1, 2023 to Dec 31, 2023
$10,867,139 $9,945,264$17,682,844
2022 Form 990
Jan 1, 2022 to Dec 31, 2022
$16,141,642 $12,159,093$16,486,390
2020 Form 990
Jan 1, 2020 to Dec 31, 2020
$15,410,319 $77,912,920$9,055,716
2019 Form 990
Jan 1, 2019 to Dec 31, 2019
$45,031,200 $37,157,996$70,613,717
2018 Form 990
Jan 1, 2018 to Dec 31, 2018
$30,370,997 $40,779,493$56,425,188

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EIN: 59-2998925 · Source: IRS Form 990 e-file data