Public Charity

HERITAGE CLASSIC FOUNDATION

HERITAGE CLASSIC FOUNDATION is a private foundation categorized as Public Charity based in HILTON HEAD ISLAND, SC. Its most recent IRS filing (2024) reports revenue of $19.0M, expenses of $16.5M, total assets of $16.8M. Imperigo tracks 582 reported grants from this foundation totaling approximately $20.1M.

EIN: 570835114 HILTON HEAD ISLAND, SC Federated Giving Programs NTEE: T70 Latest filing: 2024
Total Revenue$19.0M
Total Expenses$16.5M
Total Assets$16.8M
Grants Given582
Grant Total$20.1M
Filing Years2020–2024

Mission

THE HERITAGE CLASSIC FOUNDATION'S PRIMARY EXEMPT PURPOSE IS TO DISTRIBUTE THE NET PROFITS FROM A PGA TOUR EVENT TO LOCAL AND STATEWIDE CHARITIES.

Officers & Directors

Trustee Al Kennickell
Trustee Ann Mcbrien
Trustee Cary Corbitt
Trustee Charles C Rountree Iii
Trustee Christopher L Corkern
VP SALES & MARKETING Derek R Paton

Officer compensation and complete director data available with membership.

Top Grant Purposes

GENERAL FUND
$19,087,329 540 grants
Unspecified
$138,040 3 grants
SCHOLAR FUND
$126,300 5 grants
GENERAL FUNDL FUND
$101,340 2 grants
COMMUNITY PROJECTS
$98,091 4 grants

Financial Trends

Year Revenue Expenses Assets
2024 $19.0M $16.5M $16.8M
2023 $14.5M $13.9M $14.2M
2022 $11.4M $11.0M $10.7M
2021 $8.3M $7.3M $8.4M
2020 $6.1M $6.1M $6.5M

Between 2020 and 2024, reported annual revenue grew from $6.1M to $19.0M (+212%), with total assets most recently reported at $16.8M.

Interactive year-over-year charts and full filing details available with membership.

Grant Geography

Grants from this foundation were reported to recipients in CA, GA, IL, NY, OK, PR, and 4 other states.

CAGAILNYOKPRSCTNTXVA

Full geographic grant map with state-by-state breakdown available with membership.

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