Small Public Charity

GOLF CHARITIES FOUNDATION INC

GOLF CHARITIES FOUNDATION INC, of LAKE OSWEGO, OR, is a Small Public Charity tracked in Imperigo's IRS 990 database. The 2021 filing shows $145K in revenue, $145K in expenses. 4 publicly reported grants to this organization, totaling roughly $562K, appear in IRS filings.

EIN: 462580975 LAKE OSWEGO, OR General Support NTEE: DEFAULT Latest filing: 2021
Total Revenue$145K
Total Expenses$145K
Grant Records4
Funding Total$562K
Filing Years2017–2021

Mission

GCF WAS FORMED TO MAKE DONATIONS TO CHARITABLE ORGANIZATIONS PRIMARILY FROM FUNDS RAISED HOSTING TWO PROFESSIONAL GOLF TOURNAMENTS. GCF HAS CONTRACTS WITH PGA TOUR, INC. TO HOST A TOURNAMENT ON THE PGA'S WEB.COM TOUR AND A TOURNAMENT ON THE REGULAR PGA TOUR. IN TURN GCF HAS CONTRACTED WITH LAGARDERE SPORTS AND ENTERTAINMENT TO CONDUCT THE TOURNAMENTS, INCLUDING ALL OPERATIONS, OBTAINING CORPORATE SPONSORS TO UNDERWRITE THE COSTS OF THE TOURNAMENTS, SELLING TICKETS, AND MAKING ARRANGEMENTS WITH THE PROFESSIONAL GOLF ASSOCIATION/WEB.COM TOUR.

Officers & Directors

SECRETARY/TREAS Brent Brewer
President Jeff Sanders
Director Larry Frager
Director Lynn Hoyle
Director Paul Wittman

Officer compensation and complete director data available with membership.

Top Grant Purposes

GENERAL SUPPORT
$355,000 1 grant
General Support
$195,000 2 grants
Sponsorship
$12,500 1 grant

Financial Trends

Year Revenue Expenses Assets
2021 $145K $145K
2020 $631K $631K
2019 $1.4M $1.4M $288K
2018 $1.2M $1.2M $751K
2017 $2.2M $1.2M $1.5M

Between 2017 and 2021, reported annual revenue declined from $2.2M to $145K (-93%).

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

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