Public Charity

CAVES VALLEY GOLF CLUB FOUNDATION INC

CAVES VALLEY GOLF CLUB FOUNDATION INC, of OWINGS MILLS, MD, is a Public Charity tracked in Imperigo's IRS 990 database. The 2024 filing shows $1.8M in revenue, $1.6M in expenses, $4.8M in total assets. 35 publicly reported grants to this organization, totaling roughly $1.4M, appear in IRS filings.

EIN: 521900251 OWINGS MILLS, MD Scholarships & Student Financial Aid NTEE: B82 Latest filing: 2024
Total Revenue$1.8M
Total Expenses$1.6M
Total Assets$4.8M
Grant Records35
Funding Total$1.4M
Filing Years2020–2024

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.

Where $100 goes at Caves Valley Golf Club Foundation Inc

How Caves Valley Golf Club Foundation Inc divides every $100 it spends, from its own Form 990 filings, averaged across 8 years.

$92 Programs the work itself
$5 Management running the organization
$3 Fundraising raising the next dollar

Inside the $92 for programs

$65
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…
70% of program spending
$16
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…
18% of program spending
$11
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
12% of program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

SECRETARY Mr Brett Ingerman
CHAIRMAN Mr Gary L Attman
TRUSTEE Mr Jm Schapiro
TRUSTEE Mr Lawrence Moody
TREASURER Mr Preston Athey
TRUSTEE Mr Scott E Dorsey

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$1,180,987 20 grants
Education
$170,300 9 grants
Health & Medicine
$20,000 2 grants
Youth Development
$5,000 1 grant
Unspecified
$35,000 2 grants

Financial Trends

Year Revenue Expenses Assets
2024 $1.8M $1.6M $4.8M
2023 $869K $981K $5.0M
2022 $242K $893K $4.5M
2021 $3.1M $803K $6.3M
2020 $857K $730K $3.7M

Between 2020 and 2024, reported annual revenue grew from $857K to $1.8M (+111%), with total assets most recently reported at $4.8M.

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

See the full picture for CAVES VALLEY GOLF CLUB FOUNDATION INC

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