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.
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
Where $100 goes at Heritage Classic Foundation
How Heritage Classic Foundation divides every $100 it spends, from its own Form 990 filings, averaged across 8 years.
$98
Programs
the work itself
$2
Management
running the organization
$0
Fundraising
none reported
No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.
Inside the $98 for programs
$79
The primary mission of the Heritage Classic Foundation is accomplished by operating a pga tour sanctioned golf tournament known as the rbc heritage presented by boeing
$19
The champions fore charity and birdies for charity are programs we have to encourage donations to local charitable organizations wherein our organization supplements those donations for the benefit…
<$1
Our tartan club program supports the Heritage Classic Foundation's scholar program
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.
Before you apply to Heritage Classic Foundation
Who to contact, what to include, deadlines, typical grant size and geographic focus are available with membership.
Sample Grants Given
GENERAL FUND
$258,853
GENERAL FUND
$238,050
GENERAL FUND
$229,915
GENERAL FUND
$219,047
GENERAL FUND
$214,983
Showing up to 5 of 582 total records — full history available with membership.
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
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.