TIGER WOODS FOUNDATION INC: Form 990, tax year 2022
View the entire original 990 at ProPublica ↗
- Organization
- TIGER WOODS FOUNDATION INC (EIN 20-0677815)
- Tax period
- 2022-10-01 to 2023-09-30
- Filed
- 2024-08-14
- IRS object ID
- 202442279349303644
- Schema version
- 2022v5.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990
- Schedule A
- Schedule B
- Schedule D
- Schedule E
- Schedule F
- Schedule G
- Schedule I
- Schedule J
- Schedule K
- Schedule M
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2024-08-14T20:31:54-05:00 | ReturnTs |
| Tax Period End | 2023-09-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 135565207 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | KPMG LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 550 SOUTH HOPE STREET SUITE 1500 | AddressLine1Txt |
| City | LOS ANGELES | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 90071 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2022-10-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 200677815 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | TIGER WOODS FOUNDATION INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | TIGE | BusinessNameControlTxt |
| Phone | 9497253003 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1 TIGER WOODS WAY | AddressLine1Txt |
| City | ANAHEIM | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 92801 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | CYNDI COURT | PersonNm |
| Person Title | CEO/SEC | PersonTitleTxt |
| Phone | 9497253003 | PhoneNum |
| Signature | 2024-08-14 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | 0 | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | CAREY MCKEE | PreparerPersonNm |
| PTIN | P01281067 | PTIN |
| Phone | 2139724000 | PhoneNum |
| Preparation | 2024-08-14 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2022 | TaxYr |
| Build TS | 2024-08-08 14:25:15Z | BuildTS |
Form 990 IRS990
Doing Business As Name DoingBusinessAsName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | TGR FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | CYNDI COURT | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 15440 LAGUNA CYN RD 230 | AddressLine1Txt |
| City | IRVINE | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 92618 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $29,732,861 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.TGRFOUNDATION.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 2004 | FormationYr |
| Legal Domicile State | CA | LegalDomicileStateCd |
| Activity Or Mission | A NON-PROFIT THAT OPERATES SCHOOL FACILITIES,TEACHER TRAINING & EDUCATIONAL PROGRAMS FOR YOUTH. | ActivityOrMissionDesc |
| Voting Members Governing Body | 15 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 14 | VotingMembersIndependentCnt |
| Total Employee | 62 | TotalEmployeeCnt |
| Total Volunteers | 307 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $11,448,682 | PYContributionsGrantsAmt |
| CY Contributions Grants | $13,816,527 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $0 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $23,400 | CYProgramServiceRevenueAmt |
| PY Investment Income | $11,155,379 | PYInvestmentIncomeAmt |
| CY Investment Income | $1,257,587 | CYInvestmentIncomeAmt |
| PY Other Revenue | $70,330 | PYOtherRevenueAmt |
| CY Other Revenue | $864,579 | CYOtherRevenueAmt |
| PY Total Revenue | $22,674,391 | PYTotalRevenueAmt |
| CY Total Revenue | $15,962,093 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $1,041,049 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $1,161,050 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $4,090,034 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $5,373,773 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $12,789 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $44,000 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $865,789 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $4,452,488 | PYOtherExpensesAmt |
| CY Other Expenses | $5,071,757 | CYOtherExpensesAmt |
| PY Total Expenses | $9,596,360 | PYTotalExpensesAmt |
| CY Total Expenses | $11,650,580 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $13,078,031 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $4,311,513 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $109,498,177 | TotalAssetsBOYAmt |
| Total Assets EOY | $128,974,874 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $8,959,599 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $9,050,682 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $100,538,578 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $119,924,192 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | AT TIGER WOODS FOUNDATION (DBA TGR FOUNDATION), WE BELIEVE IN A WORLD WHERE OPPORTUNITY IS UNIVERSAL, AND POTENTIAL IS LIMITLESS. OUR MISSION IS TO EMPOWER STUDENTS TO PURSUE THEIR PASSIONS THROUGH EDUCATION. | MissionDesc |
| Significant New Program Srvc | Yes (1) | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $6,747,990 | ExpenseAmt |
| Grant | $0 | GrantAmt |
| Revenue | $23,400 | RevenueAmt |
| Desc | SCHOOL DAYTHE TGR LEARNING LAB ANAHEIM, OUR 35,000-SQ FT EDUCATIONAL FACILITY, SERVES ELEMENTARY SCHOOL STUDENTS AND THEIR CLASSROOM TEACHERS FROM ACROSS SOUTHERN CALIFORNIA. IN SEPTEMBER 2022 WE OPENED THE SCHOOL DAY PROGRAM TO 6TH GRADERS IN ADDITION TO OUR CORE 5TH GRADE AUDIENCE. WHAT AWAITS STUDENTS AND TEACHERS IS AN EXCITING WEEK OF IMMERSIVE, HANDS-ON SCIENCE, TECHNOLOGY, ENGINEERING AND MATH (STEM) LEARNING. WHETHER STUDENTS PARTICIPATE IN OUR FORENSIC SCIENCE OR MARINE SCIENCE CLASSES, EXPOSES STUDENTS TO STEM CAREERS AND SPARKS A PASSION FOR LEARNING. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $1,633,589 | ExpenseAmt |
| Grant | $1,010,000 | GrantAmt |
| Revenue | $0 | RevenueAmt |
| Desc | TIGER WOODS FOUNDATION COMMUNITY GRANTS PROGRAMTIGER WOODS FOUNDATION COMMUNITY GRANTS PROGRAM ALSO PROVIDES SUPPORT TO LOCAL COMMUNITIES BY PROVIDING FUNDING TO ORGANIZATIONS THAT SPECIALIZE IN EDUCATION AND YOUTH DEVELOPMENT. SPECIFICALLY, THE GRANT PROGRAM SERVES ORGANIZATIONS THAT ENHANCE THE YOUTH LEARNING PROCESS. THIS PROGRAM SUPPORTS ORGANIZATIONS, PROGRAMS, AND PROJECTS BY INVITATION ONLY AND ALL GRANTS ARE SUBJECT TO PRE- AND POST-QUALIFICATIONS SUBJECT TO APPLICABLE FEDERAL GUIDELINES. | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $269,423 | ExpenseAmt |
| Grant | $151,050 | GrantAmt |
| Revenue | $0 | RevenueAmt |
| Desc | THE EARL WOODS SCHOLAR PROGRAMSUPPORTING HIGH-POTENTIAL STUDENTS WITH DEMONSTRATED NEED AND A COMMITMENT TO COMMUNITY SERVICE, THE EARL WOODS SCHOLAR PROGRAM PROVIDES FINANCIAL ASSISTANCE AND SO MUCH MORE. EACH EARL WOODS SCHOLAR RECEIVES A DEDICATED MENTOR, CAREER DEVELOPMENT, ENRICHMENT WORKSHOPS AND ONGOING COUNSEL FROM OUR STAFF. TO ENCOURAGE PERSONAL GROWTH AND ENHANCE PROFESSIONAL DEVELOPMENT, THE EARL WOODS SCHOLAR PROGRAM PROVIDES AN ARRAY OF CAREER PLANNING AND ENGAGEMENT OPPORTUNITIES FOR SCHOLARS ON AN ANNUAL BASIS. BEFORE BEGINNING THEIR FIRST YEAR OF COLLEGE, ALL INCOMING SCHOLARS ARE WELCOMED INTO THE PROGRAM THROUGH THE PRE-COLLEGE RETREAT, WHICH COVERS A SERIES OF TOPICS THAT HELP PREPARE STUDENTS FOR COLLEGE LIFE. ONE OF THE PROGRAM'S STAPLES IS THE WINTER WORKSHOP, HELD ANNUALLY AT THE FLAGSHIP TGR LEARNING LAB ANAHEIM. OVER THE COURSE OF THE THREE-DAY EVENT, SCHOLARS FROM AROUND THE COUNTRY PARTICIPATE IN INFORMATIVE WORKSHOPS THAT INCLUDE RESUME WRITING, INTERVIEW TRAINING, GRADUATE SCHOOL AND HUMAN RESOURCES PREPARATION, INDUSTRY PANELS AND NETWORKING EVENTS. THE CORNERSTONE OF THE EARL WOODS SCHOLAR PROGRAM IS ITS MENTOR NETWORK. THESE VALUABLE RELATIONSHIPS ARE LIFE-CHANGING FOR SCHOLARS, MANY OF WHOM ARE FIRST-GENERATION STUDENTS WITH LITTLE OR NO PRACTICAL GUIDANCE FOR CAREER AND COLLEGE PLANNING. EACH EARL WOODS SCHOLAR IS PARTNERED WITH A DEDICATED MENTOR WHO SERVES AS AN ADVOCATE, CAREER COACH, PERSONAL ADVISOR, AND ROLE MODEL THROUGHOUT THEIR COLLEGE EXPERIENCE. AN EMPHASIS ON REAL-LIFE WORK AND CULTURAL EXPERIENCES IS HIGHLY ENCOURAGED AMONG THE EARL WOODS SCHOLARS AS AN AVENUE TO BUILD POWER SKILLS, PREPARE FOR THE WORKPLACE AND FOSTER KNOWLEDGE OF A SPECIALIZED CAREER. THROUGH PROFESSIONAL ENRICHMENT OPPORTUNITIES, SUCH AS JOB SHADOWING, INTERNSHIPS, INTERVIEW PREP, INDUSTRY PANELS AND MORE, THE PROGRAM PROVIDES VALUABLE RESOURCES AND INFORMATION THAT ASSIST SCHOLARS IN BUILDING THEIR RESUMES AS THEY PURSUE THEIR CAREER ASPIRATIONS. THE EARL WOODS SCHOLAR PROGRAM SUPPORTS ITS SCHOLARS BEYOND OBTAINING A COLLEGE DEGREE. TO ENSURE EACH SCHOLAR HAS A CLEAR AND FOCUSED EXIT STRATEGY UPON GRADUATION, WE HELP CREATE A PERSONALIZED CAREER PLAN THAT SUPPORTS THEIR DEFINITION OF SUCCESS. EARLY IN THEIR COLLEGE CAREER, WE INTEGRATE KEY ELEMENTS, SUCH AS SELF-ASSESSMENTS, CAREER EXPLORATION, DECISION-MAKING, AND ACTION STEPS THAT CONTRIBUTE TO THE NEXT STAGES OF THEIR CAREER PATHS. STARTING IN THEIR THIRD YEAR OF COLLEGE, SCHOLARS ENGAGE IN MONTHLY COACHING CALLS TO DEVELOP PRACTICAL SKILLS AND CREATE STRATEGIES TAILORED TO THEIR INDIVIDUAL NEEDS. SCHOLARS ARE AWARDED A FOUR-YEAR RENEWABLE SCHOLARSHIP WITH EDUCATIONAL RESOURCES SUMMING UP TO A TOTAL OF $25,000. IN CALENDAR YEAR 2023, THE FOUNDATION PROVIDED SCHOLARSHIPS TO OVER 263 INDIVIDUALS, INCLUDING 102 IN THE CURRENT YEAR. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expenses | $8,651,002 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | 0 | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | 0 | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | Yes (1) | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | 0 | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | 0 | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | Yes (1) | ConsolidatedAuditFinclStmtInd |
| School Operating | Yes (1) | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | Yes (1) | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | Yes (1) | ProfessionalFundraisingInd |
| Fundraising Activities | 0 | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | Yes (1) | GrantsToOrganizationsInd |
| Grants To Individuals | Yes (1) | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | Yes (1) | TaxExemptBondsInd |
| Invest Tax Exempt Bonds | 0 | InvestTaxExemptBondsInd |
| Escrow Account | 0 | EscrowAccountInd |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuerInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | 0 | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | Yes (1) | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | Yes (1) | DisregardedEntityInd |
| Related Entity | Yes (1) | RelatedEntityInd |
| Related Organization Ctrl Ent | Yes (1) | RelatedOrganizationCtrlEntInd |
| Transaction With Control Ent | Yes (1) | TransactionWithControlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 60 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 62 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 15 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 14 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | Yes (1) | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (1) | CompensationProcessOtherInd |
| Investment In Joint Venture | Yes (1) | InvestmentInJointVentureInd |
| Written Policy Or Procedure | Yes (1) | WrittenPolicyOrProcedureInd |
| States Where Copy Of Return Is Fld | CA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | CT | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | DC | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | FL | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | GA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MD | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NY | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | OR | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | PA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | SC | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | VA | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | HOOD & BURCH INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 7149954833 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 10833 VALLEY VIEW STREET SUITE 470 | AddressLine1Txt |
| City | CYPRESS | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 90630 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (24 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Highest Compensated EmployeeHighestCompensatedEmployeeInd | Former Ofcr Director TrusteeFormerOfcrDirectorTrusteeInd |
|---|---|---|---|---|---|---|---|---|---|
| GORDON MCNEILL | |||||||||
| PRES/SEC/CEO (THRU 12/22) | 30.00 | 30.00 | Yes (X) | Yes (X) | $267,500 | $271,300 | $59,573 | ||
| MIKE D MCKEE | |||||||||
| CHAIRMAN | 1.00 | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| ALEXIS OHANIAN | |||||||||
| DIRECTOR | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| BILL WOODLEY | |||||||||
| DIRECTOR | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| CHRIS J HUBMAN | |||||||||
| DIRECTOR | 1.00 | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| DANNY CONWAY | |||||||||
| DIRECTOR | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| ED MACHIR | |||||||||
| DIRECTOR | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| JIM KIM | |||||||||
| DIRECTOR (THRU 11/22) | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| JON ORSZAG | |||||||||
| DIRECTOR | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| KARINA HAMILTON | |||||||||
| DIRECTOR | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| KEN W BENTLEY | |||||||||
| DIRECTOR | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| LEO TUCKER | |||||||||
| DIRECTOR | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| MARK STEINBERG | |||||||||
| DIRECTOR | 1.00 | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| PETE V UEBERROTH | |||||||||
| DIRECTOR | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| ROB LIGHT | |||||||||
| DIRECTOR | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| SANDY BARRY | |||||||||
| DIRECTOR | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| CYNDI COURT | |||||||||
| CEO/SEC (AS OF 7/5/23) | 30.00 | 30.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| JIN THATCHER | |||||||||
| COO | 49.00 | 1.00 | Yes (X) | $279,564 | $0 | $43,818 | |||
| CRISTINA L FERNANDEZ | |||||||||
| VP PROGRAMS | 40.00 | 0.00 | $136,105 | $0 | $31,926 | Yes (X) | |||
| GYLA BELL | |||||||||
| VP PROGRAMS | 40.00 | 0.00 | $144,000 | $0 | $17,026 | Yes (X) | |||
| JOSEPH HSU | |||||||||
| SR. DIRECTOR, IT | 40.00 | 0.00 | $127,520 | $0 | $22,649 | Yes (X) | |||
| MICHELLE S KIM | |||||||||
| SVP DEVELOPMENT | 40.00 | 0.00 | $209,950 | $0 | $40,891 | Yes (X) | |||
| STACY STARK | |||||||||
| AVP EVENTS | 40.00 | 0.00 | $120,633 | $0 | $38,433 | Yes (X) | |||
| KATHERINE BIHR | |||||||||
| FORMER VP PROGRAMS & ED (THRU 12/21) | 40.00 | 0.00 | $105,000 | $0 | $11,902 | Yes (X) | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $1,390,272 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $271,300 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $266,218 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 10 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | Yes (1) | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (3 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| CERITY PARTNERS LLC | |||||
| 335 MADISON AVENUE 23RD FLOOR | NEW YORK | NY | 10017 | INVESTMENT ADVISORY | $236,484 |
| EXCEL SPORTS MANAGEMENT LLC | |||||
| 1700 BROADWAY 29TH FLOOR | NEW YORK | NY | 10019 | CONSULTING | $190,000 |
| REBECCA PORTER | |||||
| 4800 STRAFORD DRIVE | GREENDALE | WI | 53129 | CONSULTING | $128,770 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 3 | CntrctRcvdGreaterThan100KCnt |
| Related Organizations | $6,861,343 | RelatedOrganizationsAmt |
| All Other Contributions | $6,955,184 | AllOtherContributionsAmt |
| Noncash Contributions | $123,964 | NoncashContributionsAmt |
| Total Contributions | $13,816,527 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | CLASS REGISTRATION | Desc |
| Business | 611600 | BusinessCd |
| Total Revenue Column | $23,400 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $23,400 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $23,400 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $1,183,145 | TotalRevenueColumnAmt |
| Exclusion | $1,183,145 | ExclusionAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $101,213 | RealAmt |
Less Rental Expenses LessRentalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $254,585 | RealAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | -$153,372 | RealAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$153,372 | TotalRevenueColumnAmt |
| Exclusion | -$153,372 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $13,590,625 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $13,516,183 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $74,442 | SecuritiesAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $74,442 | TotalRevenueColumnAmt |
| Exclusion | $74,442 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp (3 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | ExclusionExclusionAmt |
|---|---|---|---|
| CONTRACTS & SERVICES | 900099 | $1,011,780 | $1,011,780 |
| REBATES | 900099 | $6,151 | $6,151 |
| MISCELLANEOUS REVENUE | 900099 | $20 | $20 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $1,017,951 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $15,962,093 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $23,400 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $2,122,166 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,010,000 | TotalAmt |
| Program Services | $1,010,000 | ProgramServicesAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $151,050 | TotalAmt |
| Program Services | $151,050 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,207,287 | TotalAmt |
| Program Services | $739,763 | ProgramServicesAmt |
| Management And General | $206,238 | ManagementAndGeneralAmt |
| Fundraising | $261,286 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,073,599 | TotalAmt |
| Program Services | $2,380,642 | ProgramServicesAmt |
| Management And General | $493,325 | ManagementAndGeneralAmt |
| Fundraising | $199,632 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $114,779 | TotalAmt |
| Program Services | $83,154 | ProgramServicesAmt |
| Management And General | $19,116 | ManagementAndGeneralAmt |
| Fundraising | $12,509 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $664,411 | TotalAmt |
| Program Services | $466,258 | ProgramServicesAmt |
| Management And General | $121,027 | ManagementAndGeneralAmt |
| Fundraising | $77,126 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $313,697 | TotalAmt |
| Program Services | $230,566 | ProgramServicesAmt |
| Management And General | $49,682 | ManagementAndGeneralAmt |
| Fundraising | $33,449 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $31,127 | TotalAmt |
| Program Services | $18,022 | ProgramServicesAmt |
| Management And General | $8,383 | ManagementAndGeneralAmt |
| Fundraising | $4,722 | FundraisingAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $226,278 | TotalAmt |
| Program Services | $9,860 | ProgramServicesAmt |
| Management And General | $213,835 | ManagementAndGeneralAmt |
| Fundraising | $2,583 | FundraisingAmt |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $44,000 | TotalAmt |
| Fundraising | $44,000 | FundraisingAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $597,331 | TotalAmt |
| Management And General | $597,331 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $971,630 | TotalAmt |
| Program Services | $866,804 | ProgramServicesAmt |
| Management And General | $65,932 | ManagementAndGeneralAmt |
| Fundraising | $38,894 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $160,791 | TotalAmt |
| Program Services | $93,358 | ProgramServicesAmt |
| Management And General | $43,134 | ManagementAndGeneralAmt |
| Fundraising | $24,299 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $167,059 | TotalAmt |
| Program Services | $123,871 | ProgramServicesAmt |
| Management And General | $31,003 | ManagementAndGeneralAmt |
| Fundraising | $12,185 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $299,016 | TotalAmt |
| Program Services | $167,842 | ProgramServicesAmt |
| Management And General | $77,054 | ManagementAndGeneralAmt |
| Fundraising | $54,120 | FundraisingAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $700,346 | TotalAmt |
| Program Services | $618,781 | ProgramServicesAmt |
| Management And General | $52,494 | ManagementAndGeneralAmt |
| Fundraising | $29,071 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $221,090 | TotalAmt |
| Program Services | $169,913 | ProgramServicesAmt |
| Management And General | $35,578 | ManagementAndGeneralAmt |
| Fundraising | $15,599 | FundraisingAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $226,880 | TotalAmt |
| Program Services | $164,212 | ProgramServicesAmt |
| Management And General | $40,018 | ManagementAndGeneralAmt |
| Fundraising | $22,650 | FundraisingAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $424,136 | TotalAmt |
| Program Services | $409,249 | ProgramServicesAmt |
| Management And General | $14,887 | ManagementAndGeneralAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $494,081 | TotalAmt |
| Program Services | $478,717 | ProgramServicesAmt |
| Management And General | $11,517 | ManagementAndGeneralAmt |
| Fundraising | $3,847 | FundraisingAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $299,413 | TotalAmt |
| Program Services | $222,021 | ProgramServicesAmt |
| Management And General | $47,590 | ManagementAndGeneralAmt |
| Fundraising | $29,802 | FundraisingAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt |
|---|---|---|---|
| EWS EXPENSES | $118,374 | $118,374 | |
| PROGRAM SUPPLIES | $113,566 | $113,566 | |
| TWLC EXPANSION EXPENSES | $14,540 | $14,540 | |
| TAXES & FEES | $5,618 | $5,618 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $481 | TotalAmt |
| Program Services | $439 | ProgramServicesAmt |
| Management And General | $27 | ManagementAndGeneralAmt |
| Fundraising | $15 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $11,650,580 | TotalAmt |
| Program Services | $8,651,002 | ProgramServicesAmt |
| Management And General | $2,133,789 | ManagementAndGeneralAmt |
| Fundraising | $865,789 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,438 | BOYAmt |
| EOY | $750 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,431,765 | BOYAmt |
| EOY | $9,885,634 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,228,235 | BOYAmt |
| EOY | $1,393,094 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $49,387 | BOYAmt |
| EOY | $193,007 | EOYAmt |
Receivables From Officers Etc ReceivablesFromOfficersEtcGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Rcvbl From Disqualified Prsn RcvblFromDisqualifiedPrsnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $217,461 | BOYAmt |
| EOY | $1,570,370 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $16,762,992 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $8,296,915 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $8,653,810 | BOYAmt |
| EOY | $8,466,077 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $51,437,114 | BOYAmt |
| EOY | $57,766,068 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $40,126,167 | BOYAmt |
| EOY | $49,556,102 | EOYAmt |
Investments Program Related InvestmentsProgramRelatedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Intangible Assets IntangibleAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $352,800 | BOYAmt |
| EOY | $143,772 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $109,498,177 | BOYAmt |
| EOY | $128,974,874 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $753,788 | BOYAmt |
| EOY | $1,800,976 | EOYAmt |
Grants Payable GrantsPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $731,700 | BOYAmt |
| EOY | $422,500 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $545,890 | BOYAmt |
| EOY | $529,421 | EOYAmt |
Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,695,239 | BOYAmt |
| EOY | $6,215,457 | EOYAmt |
Escrow Account Liability EscrowAccountLiabilityGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Loans From Officers Directors LoansFromOfficersDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $232,982 | BOYAmt |
| EOY | $82,328 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $8,959,599 | BOYAmt |
| EOY | $9,050,682 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $95,409,906 | BOYAmt |
| EOY | $115,745,361 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,128,672 | BOYAmt |
| EOY | $4,178,831 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $100,538,578 | BOYAmt |
| EOY | $119,924,192 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $109,498,177 | BOYAmt |
| EOY | $128,974,874 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $4,311,513 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $14,923,447 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $150,654 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Consolidated Basis Fincl Stmt | Yes (X) | ConsolidatedBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| School | Yes (X) | SchoolInd |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $13,209,545 | OtherCostOrOtherBasisAmt |
| Depreciation | $5,278,144 | DepreciationAmt |
| Book Value | $7,931,401 | BookValueAmt |
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $1,830,639 | OtherCostOrOtherBasisAmt |
| Depreciation | $1,765,091 | DepreciationAmt |
| Book Value | $65,548 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $1,554,475 | OtherCostOrOtherBasisAmt |
| Depreciation | $1,253,680 | DepreciationAmt |
| Book Value | $300,795 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $168,333 | OtherCostOrOtherBasisAmt |
| Book Value | $168,333 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $8,466,077 | TotalBookValueLandBuildingsAmt |
Other Securities OtherSecuritiesGrp (4 entries)
| DescDesc | Book ValueBookValueAmt | Method ValuationMethodValuationCd |
|---|---|---|
| LONG/SHORT MULTISTRATEGY | $22,787 | F |
| LONG GLOBAL EQUITY | $38,609,962 | F |
| PRIVATE MORTGAGE FUND | $4,298,298 | F |
| MULTIPLE STRATEGIES | $6,625,055 | F |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Securities | $49,556,102 | TotalBookValueSecuritiesAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | INTEREST RATE SWAP | Desc |
| Amt | $82,328 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $82,328 | TotalLiabilityAmt |
| Total Rev Etc Audited Fincl Stmt | $30,687,830 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | $14,923,447 | NetUnrealizedGainsInvstAmt |
| Other Revenue | $150,654 | OtherRevenueAmt |
| Revenue Not Reported | $15,074,101 | RevenueNotReportedAmt |
| Revenue Subtotal | $15,613,729 | RevenueSubtotalAmt |
| Investment Expenses Not Incld | $602,949 | InvestmentExpensesNotIncldAmt |
| Other Revenues Not Included | -$254,585 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | $348,364 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $15,962,093 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $11,302,216 | TotExpnsEtcAuditedFinclStmtAmt |
| Other Expenses Included | $254,585 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $254,585 | ExpensesNotReportedAmt |
| Expenses Subtotal | $11,047,631 | ExpensesSubtotalAmt |
| Investment Expenses Not Incld2 | $602,949 | InvestmentExpensesNotIncld2Amt |
| Expenses Not Rpt Fincl Stmt | $602,949 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $11,650,580 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (3 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART XI, LINE 2D - OTHER ADJUSTMENTS: | UNREALIZED GAIN ON INTEREST SWAP 150,654. |
| PART XI, LINE 4B - OTHER ADJUSTMENTS: | RECLASS RENTAL EXPENSE TO REPORT NET OF REVENUE -254,585. |
| PART XII, LINE 2D - OTHER ADJUSTMENTS: | RECLASS RENTAL EXPENSE TO REPORT NET OF REVENUE 254,585. |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | Yes (1) | NondiscriminatoryPolicyStmtInd |
| Policy Stmt In Brochures Etc | Yes (1) | PolicyStmtInBrochuresEtcInd |
| Plcy Pblczd Via Broadcast Media | Yes (1) | PlcyPblczdViaBroadcastMediaInd |
| Maintain Racial Comp Recs | Yes (1) | MaintainRacialCompRecsInd |
| Maintain Scholarships Recs | Yes (1) | MaintainScholarshipsRecsInd |
| Maintain Cpy Of Brochures Etc | Yes (1) | MaintainCpyOfBrochuresEtcInd |
| Maintain Cpy Of All Sol | Yes (1) | MaintainCpyOfAllSolInd |
| Discriminate Race Stdnts Rghts | 0 | DiscriminateRaceStdntsRghtsInd |
| Discriminate Race Admiss Plcy | 0 | DiscriminateRaceAdmissPlcyInd |
| Discriminate Race Emplm Fculty | 0 | DiscriminateRaceEmplmFcultyInd |
| Discriminate Race Schs | 0 | DiscriminateRaceSchsInd |
| Discriminate Race Educ Plcy | 0 | DiscriminateRaceEducPlcyInd |
| Discriminate Race Use Of Fclts | 0 | DiscriminateRaceUseOfFcltsInd |
| Discriminate Race Athlt Prog | 0 | DiscriminateRaceAthltProgInd |
| Discriminate Race Other Acty | 0 | DiscriminateRaceOtherActyInd |
| Government Financial Aid Rcvd | 0 | GovernmentFinancialAidRcvdInd |
| Government Financial Aid Rvkd | 0 | GovernmentFinancialAidRvkdInd |
| Compliance With Rev Proc7550 | Yes (1) | ComplianceWithRevProc7550Ind |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE E, PART I, LINE 3 | FormAndLineReferenceDesc |
| Explanation | THE TIGER WOODS FOUNDATION PUBLICIZED ITS RACIALLY NONDISCRIMINATORY POLICY IN ALL STUDENT APPLICATION FORMS AND ON THE ORGANIZATION'S WEBSITE. | ExplanationTxt |
Schedule F IRS990ScheduleF
Account Activities Outside US AccountActivitiesOutsideUSGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Region | CENTRAL AMERICA AND THE CARIBBEAN | RegionTxt |
| Offices | 0 | OfficesCnt |
| Employee | 0 | EmployeeCnt |
| Type Of Activities Conducted | INVESTMENTS | TypeOfActivitiesConductedTxt |
| Specific Services Provided | N/A | SpecificServicesProvidedTxt |
| Region Total Expenditures | $7,150,869 | RegionTotalExpendituresAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Subtotal Offices | 0 | SubtotalOfficesCnt |
| Subtotal Employees | 0 | SubtotalEmployeesCnt |
| Continuation Total Office | 0 | ContinuationTotalOfficeCnt |
| Continuation Total Employee | 0 | ContinuationTotalEmployeeCnt |
| Total Office | 0 | TotalOfficeCnt |
| Total Employee | 0 | TotalEmployeeCnt |
| Subtotal Spent | $7,150,869 | SubtotalSpentAmt |
| Continuation Spent | $0 | ContinuationSpentAmt |
| Total Spent | $7,150,869 | TotalSpentAmt |
| Transfer To Foreign Corp | 0 | TransferToForeignCorpInd |
| Interest In Foreign Trust | 0 | InterestInForeignTrustInd |
| Foreign Corp Ownership | 0 | ForeignCorpOwnershipInd |
| Passive Foreign Investmest Co | 0 | PassiveForeignInvestmestCoInd |
| Foreign Partnership | 0 | ForeignPartnershipInd |
| Boycott Countries | 0 | BoycottCountriesInd |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART III ACCOUNTING METHOD: | |
| PART-I LINE-3(F) | ACCOUNTING BASIS FORM 990, SCHEDULE F, PART I, LINE 3(F) ACOUNTING BASIS FOR EXPENDITURES REPORTED IN COLUMN (F) ARE IN U.S. DOLLARS USING THE ACCRUAL BASIS OF ACCOUNTING. |
Schedule G IRS990ScheduleG
| Field | Value | IRS element (for citing) |
|---|---|---|
| Solicitation Of Govt Grants | Yes (X) | SolicitationOfGovtGrantsInd |
| Agrmt Prof Fundraising Acty | Yes (1) | AgrmtProfFundraisingActyInd |
Fundraiser Activity Info FundraiserActivityInfoGrp
Organization Business Name OrganizationBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | TOWNSEND PUBLIC AFFAIRS INC | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1401 DOVE STREET | AddressLine1Txt |
| City | NEWPORT BEACH | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 92660 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Activity | SOLICIT GOVERNMENT GRANTS | ActivityTxt |
| Fundraiser Control Of Funds | 0 | FundraiserControlOfFundsInd |
| Gross Receipts | $0 | GrossReceiptsAmt |
| Retained By Contractor | $42,000 | RetainedByContractorAmt |
| Net To Organization | -$42,000 | NetToOrganizationAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Retained By Contractors | $42,000 | TotalRetainedByContractorsAmt |
| Total Net To Organization | -$42,000 | TotalNetToOrganizationAmt |
| Licensed States | AR | LicensedStatesCd |
| Licensed States | AZ | LicensedStatesCd |
| Licensed States | CA | LicensedStatesCd |
| Licensed States | CT | LicensedStatesCd |
| Licensed States | DC | LicensedStatesCd |
| Licensed States | DE | LicensedStatesCd |
| Licensed States | FL | LicensedStatesCd |
| Licensed States | GA | LicensedStatesCd |
| Licensed States | IA | LicensedStatesCd |
| Licensed States | ID | LicensedStatesCd |
| Licensed States | IL | LicensedStatesCd |
| Licensed States | IN | LicensedStatesCd |
| Licensed States | KS | LicensedStatesCd |
| Licensed States | KY | LicensedStatesCd |
| Licensed States | LA | LicensedStatesCd |
| Licensed States | MA | LicensedStatesCd |
| Licensed States | MD | LicensedStatesCd |
| Licensed States | MS | LicensedStatesCd |
| Licensed States | MT | LicensedStatesCd |
| Licensed States | NE | LicensedStatesCd |
| Licensed States | NJ | LicensedStatesCd |
| Licensed States | NV | LicensedStatesCd |
| Licensed States | NY | LicensedStatesCd |
| Licensed States | OH | LicensedStatesCd |
| Licensed States | OK | LicensedStatesCd |
| Licensed States | OR | LicensedStatesCd |
| Licensed States | PA | LicensedStatesCd |
| Licensed States | RI | LicensedStatesCd |
| Licensed States | SC | LicensedStatesCd |
| Licensed States | SD | LicensedStatesCd |
| Licensed States | TX | LicensedStatesCd |
| Licensed States | VA | LicensedStatesCd |
| Licensed States | WV | LicensedStatesCd |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable (8 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Recipient EINRecipientEIN | IRC SectionIRCSectionDesc | Cash GrantCashGrantAmt | Non Cash AssistanceNonCashAssistanceAmt | Valuation Method UsedValuationMethodUsedDesc | Non Cash AssistanceNonCashAssistanceDesc | Purpose Of GrantPurposeOfGrantTxt |
|---|---|---|---|---|---|---|---|---|---|---|
| GENESIS INSPIRATION FOUNDATION | ||||||||||
| 10550 TALBERT AVE | FOUNTAIN VALLEY | CA | 92708 | 834218073 | 501(C)(3) | $500,000 | $0 | N/A | N/A | COMMUNITY SUPPORT |
| BAHAMAS YOUTH FOUNDATION | ||||||||||
| 9350 CONROY WINDERMERE ROAD | WINDERMERE | FL | 34786 | 821489150 | 501(C)(3) | $170,000 | $0 | N/A | N/A | COMMUNITY SUPPORT |
| PRIDE BOOSTER CLUB INC PAUL REVERE MIDDLE SCHOOL | ||||||||||
| 1450 ALLENFORD AVENUE | LOS ANGELES | CA | 90049 | 953815710 | 501(C)(3) | $115,000 | $0 | N/A | N/A | COMMUNITY SUPPORT |
| TAVISTOCK FOUNDATION | ||||||||||
| 9350 CONROY WINDERMERE RD | WINDERMERE | FL | 347868411 | 593249459 | 501(C)(3) | $80,000 | $0 | N/A | N/A | COMMUNITY SUPPORT |
| WAKE FOREST UNIVERSITY | ||||||||||
| 1834 WAKE FOREST ROAD | WINSTONSALEM | NC | 27106 | 560532138 | 501(C)(3) | $50,000 | $0 | N/A | N/A | COMMUNITY SUPPORT |
| WORLD GOLF FOUNDATION | ||||||||||
| ONE WORLD GOLF PL | ST AUGUSTINE | FL | 32092 | 592998925 | 501(C)(3) | $50,000 | $0 | N/A | N/A | COMMUNITY SUPPORT |
| SOUTHWESTERN INVITATIONAL GOLF TOURNAMENT | ||||||||||
| 5911 SUNNY VISTA AVE | OAK PARK | CA | 91377 | 850674771 | 501(C)(3) | $25,000 | $0 | N/A | N/A | COMMUNITY SUPPORT |
| GOLF COACHES ASSOCIATION OF AMERICA | ||||||||||
| 1225 W MAIN STREET 110 | NORMAN | OK | 73069 | 561237173 | 501(C)(3) | $15,000 | $0 | N/A | N/A | COMMUNITY SUPPORT |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 8 | Total501c3OrgCnt |
| Total Other Org | 0 | TotalOtherOrgCnt |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Type | EARL WOODS SCHOLARSHIPS | GrantTypeTxt |
| Recipient | 56 | RecipientCnt |
| Cash Grant | $151,050 | CashGrantAmt |
| Valuation Method Used | N/A | ValuationMethodUsedDesc |
| Non Cash Assistance | N/A | NonCashAssistanceDesc |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 2: | FormAndLineReferenceDesc |
| Explanation | GRANT MONITORING PROCESS GENERALLY GRANTS ARE MADE IN CONNECTION WITH OTHER PROGRAMMTIC ACTIVITIES AND CONSEQUENTLY SUBJECT TO THE BROAD BASED CONTROL FRAMEWORK UNDER WHICH THE FOUNDATION GOVERNS PROGRAMMATIC ACTIVITIES. GRANTS MADE TO OTHER CHARITABLE ORGANIZATIONS THE FOUNDATION RELIES ON PRE-GRANT PROCEDURES AND INQUIRIES TO ENSURE THE GRANTEE ORGANIZATION MEETS THE REQUIREMENTS FOR APPROVED PROGRAMMATIC AREAS OF FUNDING. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Independent Consultant | Yes (X) | IndependentConsultantInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | Yes (1) | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | 0 | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (8 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| GORDON MCNEILL | ||||||||||||||
| PRES/SEC/CEO (THRU 12/22) | $267,500 | $266,300 | $0 | $5,000 | $0 | $0 | $0 | $12,200 | $0 | $47,373 | $267,500 | $330,873 | $0 | $0 |
| JIN THATCHER | ||||||||||||||
| COO | $255,564 | $0 | $24,000 | $0 | $0 | $0 | $6,884 | $0 | $36,934 | $0 | $323,382 | $0 | $0 | $0 |
| MICHELLE S KIM | ||||||||||||||
| SVP DEVELOPMENT | $191,950 | $0 | $18,000 | $0 | $0 | $0 | $7,704 | $0 | $33,187 | $0 | $250,841 | $0 | $0 | $0 |
| CRISTINA L FERNANDEZ | ||||||||||||||
| VP PROGRAMS | $124,755 | $0 | $11,350 | $0 | $0 | $0 | $4,960 | $0 | $26,966 | $0 | $168,031 | $0 | $0 | $0 |
| GYLA BELL | ||||||||||||||
| VP PROGRAMS | $132,000 | $0 | $12,000 | $0 | $0 | $0 | $4,400 | $0 | $12,626 | $0 | $161,026 | $0 | $0 | $0 |
| STACY STARK | ||||||||||||||
| AVP EVENTS | $114,033 | $0 | $6,600 | $0 | $0 | $0 | $4,636 | $0 | $33,797 | $0 | $159,066 | $0 | $0 | $0 |
| JOSEPH HSU | ||||||||||||||
| SR. DIRECTOR, IT | $116,800 | $0 | $10,720 | $0 | $0 | $0 | $4,720 | $0 | $17,929 | $0 | $150,169 | $0 | $0 | $0 |
| KATHERINE BIHR | ||||||||||||||
| FORMER VP PROGRAMS & ED (THRU 12/21) | $0 | $0 | $0 | $0 | $105,000 | $0 | $0 | $0 | $11,902 | $0 | $116,902 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART I, LINE 3 | COMPENSATION FROM RELATED ORGANIZATIONS THE PRESIDENT, SECRETARY AND CEO, GORDON MCNEIL, WAS COMPENSATED THROUGH TIGER WOODS FOUNDATION, INC., AND A RELATED 501(C)(3) ORGANIZATION, TIGER WOODS CHARITY EVENT CORPORATION, WHERE HE DEVOTED A COMBINED TOTAL OF 60 HOURS PER WEEK. IN CONJUNCTION WITH HIS DUTIES AS PRESIDENT AND CEO OF THE TIGER WOODS FOUNDATION, HE OVERSAW ALL TIGER WOODS LEARNING CENTERS AND ALL THE NATIONAL SCHOLARSHIP PROGRAMS. |
| PART I, LINE 4A | A SEVERANCE PAYMENT OF $116,902 WAS MADE TO KATHERINE BIHR IN CONNECTION WITH HER SEPERATION OF SERVICE IN DECEMBER 2021. THIS TAXABLE COMPENSATION WAS REPORTED IN PART II, COLUMNS (B)(III) AND (D). |
Schedule K IRS990ScheduleK
Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
Issuer Name IssuerName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CALIFORNIA MUNICIPAL FINANCE AUTHORITY | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Issuer EIN | 201563466 | BondIssuerEIN |
| CUSIP | 1309114R8 | CUSIPNum |
| Bond Issued | 2013-04-05 | BondIssuedDt |
| Issue Price | $10,775,000 | IssuePriceAmt |
| Purpose | SEE PART VI | PurposeDesc |
| Defeased | 0 | DefeasedInd |
| On Behalf Of Issuer | Yes (1) | OnBehalfOfIssuerInd |
| Pool Financing | 0 | PoolFinancingInd |
Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Retired | $4,332,496 | RetiredAmt |
| Total Proceeds | $10,775,000 | TotalProceedsAmt |
| Other Spent Proceeds | $10,775,000 | OtherSpentProceedsAmt |
| Substantial Completion | 2013 | SubstantialCompletionYr |
| Refunding Tax Exempt Bonds | 0 | RefundingTaxExemptBondsInd |
| Refunding Taxable Bonds | Yes (1) | RefundingTaxableBondsInd |
| Final Allocation Made | Yes (1) | FinalAllocationMadeInd |
| Adequate Books And Rec Maint | Yes (1) | AdequateBooksAndRecMaintInd |
Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Owning Bond Financed Property | 0 | OwningBondFinancedPropertyInd |
| Any Lease Arrangements | 0 | AnyLeaseArrangementsInd |
| Mgmt Contract Bond Fincd Prop | 0 | MgmtContractBondFincdPropInd |
| Any Research Agreements | 0 | AnyResearchAgreementsInd |
| Private Bus Use By Others | 0.00000 | PrivateBusUseByOthersPct |
| Private Bus Concerning UBI | 0.00000 | PrivateBusConcerningUBIPct |
| Total Private Business Use | 0.00000 | TotalPrivateBusinessUsePct |
| Bond Iss Meet Prvt Sec Pymt Test | 0 | BondIssMeetPrvtSecPymtTestInd |
| Change In Use Bond Financed Prop | 0 | ChangeInUseBondFinancedPropInd |
| Procs Nonqualified Bond Remdtd | Yes (1) | ProcsNonqualifiedBondRemdtdInd |
Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Form8038 T Filed | 0 | Form8038TFiledInd |
| Rebate Not Due Yet | 0 | RebateNotDueYetInd |
| Exception To Rebate | 0 | ExceptionToRebateInd |
| No Rebate Due | Yes (1) | NoRebateDueInd |
| Variable Rate Issue | Yes (1) | VariableRateIssueInd |
| Hedge Identified In Bks And Rec | Yes (1) | HedgeIdentifiedInBksAndRecInd |
Hedge Provider Name HedgeProviderName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BANK OF AMERICA | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Term Of Hedge | 15.000000000000 | TermOfHedgePct |
| Superintegrated Hedge | 0 | SuperintegratedHedgeInd |
| Hedge Terminated | 0 | HedgeTerminatedInd |
| Gross Proceeds Invested In GIC | 0 | GrossProceedsInvestedInGICInd |
| Gross Proceeds Invested | 0 | GrossProceedsInvestedInd |
| Written Proc To Monitor Reqs | Yes (1) | WrittenProcToMonitorReqsInd |
Procedures Corrective Action ProceduresCorrectiveActionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Procedures Corrective Action | 0 | ProceduresCorrectiveActionInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART 1, COLUMN (F) | FormAndLineReferenceDesc |
| Explanation | REFINANCED THE OUTSTANDING PRINCIPAL OF THE CALIFORNIA STATEWIDE COMMUNITIES DEVELOPMENT AUTHORITY VARIABLE RATE DEMAND REVENUE BONDS (TIGER WOODS LEARNING CENTER FOUNDATION) SERIES 2006 (THE "REFUNDED BONDS") WHICH WERE ISSUED TO PROVIDE FUNDS TO THE BORROWER TO REPAY A CONSTRUCTION LOAN INCURRED BY THE BORROWER TO FUND THE COSTS OF ACQUISITION, CONSTRUCTION, IMPROVEMENT, RENOVATION, FURNISHING AND EQUIPPING OF ALL OF THE REAL AND PERSONAL PROPERTY CONSTITUTING THE "TIGER WOODS LEARNING CENTER," A TWO-STORY, 35,000 SQUARE FOOT BUILDING, INCLUDING A MULTIMEDIA CENTER, AN AUDITORIUM, CLASSROOMS, A COMPUTER LAB, A STUDENT LOUNGE AND CAFE, A PUTTING COURSE AND DRIVING RANGE, AND OTHER AMENITIES. | ExplanationTxt |
Schedule M IRS990ScheduleM
Books And Publications BooksAndPublicationsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Noncash Contributions Rpt F990 | $2,414 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | RETAIL VALUE | MethodOfDeterminingRevenuesTxt |
Securities Publicly Traded SecuritiesPubliclyTradedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 3 | ContributionCnt |
| Noncash Contributions Rpt F990 | $121,550 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | HIGH/LOW AVG DATE | MethodOfDeterminingRevenuesTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form8283 Received | 0 | Form8283ReceivedCnt |
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | Yes (1) | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | 0 | ThirdPartiesUsedInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, COLUMN (B): | FormAndLineReferenceDesc |
| Explanation | THE FOUNDATION IS REPORTING THE NUMBER OF CONTRIBUTORS. | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (8 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART III, LINE 2 | WE COMPLETED OUR FIRST FULL ACADEMIC YEAR OF IN-PERSON PROGRAMMING (SEPTEMBER 2022 - MAY 2023) AT THE TGR LEARNING LAB ANAHEIM FOLLOWING THE EXTENDED CLOSURE DUE TO THE COVID-19 PANDEMIC AND THE RENOVATION NOTED PREVIOUSLY. IN APRIL 2023 WE ANNOUNCED A PARTNERSHIP WITH COBBS CREEK FOUNDATION TO OPERATE A TGR LEARNING LAB IN PHILADELPHIA. |
| FORM 990, PART III, LINE 4A | OUR UNIQUE AND INNOVATIVE DAY PROGRAM WITH LESSONS DESIGNED IN-HOUSE BY OUR TEAM OF DYNAMIC LEARNING FACILITATORS, ENCOURAGES STUDENTS TO LEARN THROUGH INTERACTION AND ENGAGEMENT. WITHIN THE FORENSIC SCIENCE CLASS, OUR JUNIOR CRIME SOLVERS LEARN REAL-WORLD TECHNIQUES, INCLUDING FINGERPRINTING, DNA ANALYSIS AND CHROMATOGRAPHY. THE BUDDING BIOLOGISTS ENROLLED IN OUR MARINE SCIENCE CLASS TAKE A DEEP DIVE TO THE BOTTOM OF THE SEA TO EXPLORE OCEANIC REGIONS, HANDS-ON EXPERIENCE WITH SQUID DISSECTION, ANALYZE SAND SAMPLES AND LEARN ABOUT MARINE-LIFE CLASSIFICATIONS. IN SEPTEMBER 22 A PILOT COURSE ON BIOTECHNOLOGY, WHICH TEACHES STUDENTS ABOUT THE DIFFERENT FACETS OF BIOTECHNOLOGY SUCH AS DNA AND HOW IT CONSTRIBUTES TO AGRICULTURE, MEDICINE, ENVIRONMENT AND INDUSTRY THROUGH HANDS-ON ACTIVITIES. THIS NEW DAY PROGRAM COURSE WILL BE FULLY IMPLEMENTED IN 23-24 ACADEMIC YEAR. EDUCATORS ALSO BENEFIT FROM OUR UNIQUE STEM PROFESSIONAL DEVELOPMENT PROGRAM. THIS WEEK-LONG TRAINING EQUIPS EDUCATORS WITH NEW PRACTICES, LESSONS AND AN INQUIRY FRAMEWORK TO ENHANCE THE LEARNING EXPERIENCE FOR STUDENTS IN THEIR CLASSROOMS. OUR SCHOOL DAY PROGRAM OPERATES FOUR DAYS A WEEK DURING THE ACADEMIC YEAR AT THE TGR LEARNING LAB ANAHEIM AND A MOBILE OUTREACH EXTENSION WAS PILOTED IN SPRING 23, SERVING A TOTAL OF 2,933 STUDENTS. EXPANDED LEARNING IMPLEMENTING TWO KEY STRATEGIES, THE TGR LEARNING LAB OFFERS EXPANDED LEARNING PROGRAMS TO UNLEASH THE FULL CAPACITY OF MIDDLE AND HIGH SCHOOL STUDENTS FROM UNDER-RESOURCED COMMUNITIES. WE STRIVE TO BUILD STRONG RELATIONSHIPS WITH OUR STUDENT MEMBERS, ENCOURAGING THEM TO CHALLENGE THEMSELVES AND BUILD SELF-CONFIDENCE. IT IS OUR PHILOSOPHY THAT THE PATH TO ACHEIVEING ONES DREAMS BEGINS WHEN STUDENTS RECOGNIZE THEIR POTENTIAL AND BELIEVE IN THEIR OWN ABILITY. WE OFFER STUDENTS OVER 30 COURSES FOCUSED ON STEAM-RELATED SUBJECTS. EACH COURSE IS TAUGHT USING HANDS-ON LEARNING EXPERIENCES, ALLOWING STUDENTS TO FIND AND FOLLOW THEIR INTERESTS WITH A FUTURE CAREER IN MIND. A STATE-OF-THE-ART MULTIMEDIA STUDIO WAS OPENED TO STUDENTS AFTER-SCHOOL IN PARTNERSHIP WITH FIND YOUR GRIND, EXPOSING THEM TO CAREER OPPORTUNITIES AROUND THE DIGITAL ARTS. ALSO, OUR STUDENTS RECEIVED ACCESS TO THE FIND YOUR GRIND LIFESTYLE ASSESSMENT RESOURCE, HELPING THEM FIND AND FOLLOW THEIR PASSIONS AND DEVELOP A PLAN FOR THEIR FUTURE. TO HELP STUDENTS LEARN MORE ABOUT POST-SECONDARY OPTIONS AND PREPARE FOR THEIR FUTURE, THE TGR LEARNING LAB OFFERS A VARIETY OF COLLEGE-ACCESS AND FINANCIAL AID WORKSHOPS TO OUR MEMBERS EACH SESSION AT THE LEARNING LAB. OUR EXPANDED LEARNING OPPORTUNITIES ARE DEVELOPED AND IMPLEMENTED YEAR-ROUND AFTER-SCHOOL AND IN THE SUMMER AT THE TGR LEARNING LAB ANAHEIM WITH SELECT OFFERINGS AVAILABLE AT SATELLITE LOCATIONS IN SOUTH FLORIDA, PHILADELPHIA AND MCB QUANTICO. THE FOUNDATION HAS SERVED NEARLY 30,000 STUDENTS THROUGH ITS EXPANDED LEARNING PROGRAMS, INCLUDING 1,236 THIS YEAR. SUMMER WITHOUT THE STRUCTURE OF THE SCHOOL DAY, IT'S EASY FOR KIDS TO LOSE MOTIVATION AND MOMENTUM. TO MINIMIZE THE EFFECTS OF SUMMER LEARNING LOSS, WE OFFER FREE AND LOW-COST SUMMER PROGRAMS FOCUSED ON STEAM EDUCATIONAL ENRICHMENT AND COLLEGE ACCESS. THE TGR LEARNING LAB OFFERS INTERACTIVE, CAREER-FOCUSED EXPERIENCES WITHIN STEM FIELDS VIA VIRTUAL SUMMER COURSES IN 2022, A PILOT IN-PERSON CLASS IN PARTNERSHIP WITH A LOCAL ANAHEIM SCHOOL AND SUMMER CLASSES AT OUR SATELLITE LOCATION IN FLORIDA. THE FOUNDATION HAS SERVED NEARLY 18,000 STUDENTS THROUGH ITS SUMMER PROGRAMS, INCLUDING 462 THIS YEAR. JUNIOR GOLF THE GOLF PROGRAM AT THE TGR LEARNING LAB IS DESIGNED TO INTRODUCE YOUTH FROM UNDER-RESOURCED COMMUNITIES TO THE GAME OF GOLF. AT THE TGR LEARNING LAB ANAHEIM, WE PROVIDE ACCESS TO THE GAME AND EXPOSE THEM TO CAREERS IN THE GOLF INDUSTRY. STUDENTS GAIN AN UNDERSTANDING OF THE BIOMECHANICAL MOTIONS OF GOLF SWINGS AND KINESTHETIC MOVEMENTS DURING A SWING, AS WELL AS COURSE-MANAGEMENT STRATEGIES TO LOWER SCORES. EVERY DAY PROGRAM STUDENT IS INTRODUCED TO THE GAME DURING THEIR 4-DAY EXPERIENCE AT THE LEARNING LAB. OUR JUNIOR GOLF PROGRAM IS AVAILABLE AFTER-SCHOOL THROUGH EXPANDED LEARNING, DESIGNED TO BUILD HONESTY, INTEGRITY AND SPORTSMANSHIP WHILE HONING GOLF KNOWLEDGE AND SKILLS. FOLLOWING THE CLOSURE OF THE TGR LEARNING LAB DUE TO THE PANDEMIC AND RENOVATION PROJECT, OUR GOLF PROGRAMS RESUMED DURING OUR WINTER SESSION IN 2023 AND CONTINUED THROUGH THE REMAINDER OF THE ACADEMIC YEAR. OVERALL, THE FOUNDATION HAS SERVED NEARLY 53,963 STUDENTS THROUGH ITS GOLF PROGRAMS, WITH IN-PERSON PROGRAMMING RESTARTING IN THE 2022-2023 SCHOOL YEAR. COLLEGE ACCESS OUR COLLEGE-ACCESS PROGRAM PROVIDES WORKSHOPS, GROUP SESSIONS AND PRESENTATIONS ON TOPICS RANGING FROM WRITING A PERSONAL STATEMENT AND MAKING A BEST-FIT COLLEGE LIST TO UNDERSTANDING FINANCIAL AID AND FINDING SCHOLARSHIPS, DESIGNED TO HELP ALL STUDENTS, ESPECIALLY LOW-INCOME AND 1ST GENERATION STUDENTS, PLAN A PATH TO COLLEGE. THE FOUNDATION HOSTS COLLEGE RECRUITMENT EVENTS, CONNECTING COLLEGES AND UNIVERSITIES TO THE LOCAL ANAHEIM AREA STUDENTS, ALLOWING THEM TO MEET WITH COLLEGE REPRSENTATIVES. OUR COLLEGE-ACCESS PROGRAM ALSO PROVIDES ENGAGEMENT WITH PARENTS TO TEACH THEM HOW TO ADVOCATE FOR THEIR CHILD'S EDUCATIONAL SUCCESS AND HOW TO BEST NAVIGATE THE FINANCIAL AID PROCESS. TO MAXIMIZE OUR REACH, OUR COLLEGE-ACCESS PROGRAMMING CAN BE FOUND IN COMMUNITIES WITHIN WASHINGTON, D.C., SOUTH FLORIDA, MCB QUANTICO AND SOUTHERN CALIFORNIA IN ADDITION TO A VARIETY OF VIRTUAL OFFERINGS. THE FOUNDATION HAS SERVED NEARLY 20,497 STUDENTS AND FAMILIES THROUGH ITS COLLEGE ACCESS PROGRAMS, INCLUDING 2,275 THIS YEAR. TGR EDU: EXPLORE THROUGH AN ONGOING PARTNERSHIP WITH DISCOVERY EDUCATION, WE DELIVER DIGITAL EDECUATIONAL PROGRAMMING NATIONWIDE THROUGH TGR EDU: EXPLORE. DRIVEN BY OUR BELIEF IN THE TRANSFORMATIVE POWER OF EDUCATION, WE SCALED AND DIGITIZED OUR STEM CURRICULA AND COLLEGE-ACCESS PROGRAM IN AN EFFORT TO BRING QUALITY EDUCATIONAL RESOURCES TO MORE STUDENTS AND EDUCATORS NATIONWIDE. THIS ONLINE PLATFORM PROVIDES STUDENTS AND EDUCATORS FREE ACCESS TO OUR STEM CURRICULA AND COLLEGE READINESS RESOURCES. THE PLATFORM ALSO OFFERS EDUCATORS A FREE SIX PART PROFESSIONAL DEVELOPMENT TRAINING COURSE ALONG WITH A ROBUST DIGITAL RESOURCE LIBRARYWITH FREE CIRRICULUM TO TAKE TO THEIR CLASSROOM. TGR EDU: EXPLORE SAW CONTINUED DEMAND FOR DIGITAL LEARNING RESOURCES DURING 2023. THE FOUNDATION HAS SERVED OVER 3,180,000 STUDENTS THROUGH ITS EXPLORE PROGRAM, INCLUDING 277,479 THIS YEAR. EDUCATOR PROFESSIONAL LEARNING THE FOUNDATION'S EDUCATOR PROFESSIONAL LEARNING PROGRAM PROVIDES FREE PROFESSIONAL DEVELOPMENT AND RESOURCES FOR EDUCATORS INVOLVED WITH THE VITAL SUBJECT OF STEM EDUCATION AND COLLEGE ACCESS. WE HAVE REACHED THOUSANDS OF EDUCATORS BOTH NATIONALLY AND INTERNATIONALLY THROUGH UNIQUE PROFESSIONAL DEVELOPMENT OPPORTUNITIES BOTH IN-PERSON AT THE TGR LEARNING LAB ANAHEIM AND VIA VIRTUAL WORKSHOPS AND TRAININGS. THROUGH INNOVATIVE LESSON DESIGNS AND HANDS-ON, PROJECT-BASED LEARNING ACTIVITIES, EDUCATORS EXPLORE STRATEGIES TO ENHANCE THEIR CURRICULA AND PREPARE THEIR STUDENTS FOR FUTURE STEM CAREERS AS WELL AS NAVIGATE THEM THROUGH THE COLLEGE APPLICATION PROCESS. WE OFFER A RANGE OF PROFESSIONAL DEVELOPMENT OPPORTUNITIES, FROM A COMPREHENSIVE 1 WEEK IMMERSION TO 1-DAY WORKSHOPS AND SEMINARS. AN EXTENSION OF THIS PROGRAM IS THE DOD STEM AMBASSADOR PROGRAM WHICH IS OPERATED BY THE FOUNDATION. THROUGH OUR PARTNERSHIP WITH DOD STEM, WE ARE RECOGNIZING AND SUPPORT OUSTANDING EDUCATORS AND PROMOTING STEM LEARNING NATIONWIDE. WE SUPPORT THESE EDUCATORS THROUGHOUT THE YEAR WITH A VARIETY OF FREE RESOURCES INCLUDING PROFESSIONAL DEVELOPMENT WORKSHOPS, COMMUNITY BUILDING, SHARED RESOURCES AND MORE. THE FOUNDATION HAS SERVED NEARLY 9,692 EDUCATORS THROUGH ITS PROFESSIONAL LEARNING PROGRAM, INCLUDING 488 THIS YEAR. |
| FORM 990, PART VI, SECTION A, LINE 7A | MEMBERS OF THE ORGANIZATION THE FOUNDATION HAS A SOLE MEMBER. THE MEMBER'S CLASS IS NONVOTING. THE MEMBER ELECTS AND DESIGNATES THE BOARD OF GOVERNORS. ALL CORPORATE POWERS ARE MANAGED UNDER THE DIRECTION OF THE BOARD OF GOVERNORS. |
| FORM 990, PART VI, SECTION B, LINE 11B | PROCESS FOR REVIEW OF FORM 990 THE BOARD OF GOVERNORS HAS DELEGATED THE REVIEW OF THE FORM 990 TO THE AUDIT COMMITTEE. THE ORGANIZATION'S EXECUTIVE STAFF WORKS CLOSELY WITH THE OUTSIDE ACCOUNTING FIRM IT ENGAGES TO REVIEW THE RETURN, AND THE FINAL DRAFT OF FORM 990 IS ALSO REVIEWED BY THE TREASURER BEFORE PROVIDING THE DRAFT TO THE AUDIT COMMITTEE. IN ADDITION TO CONSULTING WITH THE TREASURER AND EXECUTIVE STAFF, THE AUDIT COMMITTEE ALSO MEETS WITH THE ACCOUNTING FIRM HIRED TO PREPARE FORM 990. AFTER ITS REVIEW, THE AUDIT COMMITTEE REPORTS BACK TO THE BOARD REGARDING ITS OVERSIGHT OF FORM 990, AND THE FINAL DRAFT IS PROVIDED TO THE ENTIRE BOARD BEFORE THE RETURN IS FILED. |
| FORM 990, PART VI, SECTION B, LINE 12C | CONFLICT OF INTEREST POLICY UNDER THE CONFLICT-OF-INTEREST POLICY, AN ANNUAL CONFLICT-OF-INTEREST QUESTIONNAIRE, AIMED AT DETERMINING ANY FAMILY AND BUSINESS RELATIONSHIP TRANSACTIONS OR OTHER TRANSACTIONS THAT MAY POSE A POTENTIAL CONFLICT, IS DISTRIBUTED TO ALL COVERED PERSONS (I.E., BOARD MEMBERS, OFFICERS, EXECUTIVE LEADERSHIP, OR KEY EMPLOYEES). COVERED PERSONS ARE REQUIRED TO DISCLOSE REAL OR POTENTIAL CONFLICTS AT THE TIME WHEN SUCH CONFLICTS ARISE. WHEN SOMEONE BECOMES A COVERED PERSON AND ANNUALLY THEREAFTER, EACH COVERED PERSON IS REQUIRED TO SIGN A STATEMENT AFFIRMING THAT HE/SHE: (1) HAS RECEIVED A COPY OF THE CONFLICT-OF-INTEREST POLICY; (2) HAS READ THE POLICY AND UNDERSTANDS SAID POLICY; AND (3) AGREES TO COMPLY WITH ALL REQUIREMENTS OF THE POLICY, INCLUDING COMPLETING THE CONFLICT-OF-INTEREST QUESTIONNAIRE. THE PROCEDURES FOR ADDRESSING ANY CONFLICT OF INTEREST INCLUDE BUT ARE NOT LIMITED TO, THE FOLLOWING: (1) THE CONFLICTING INTEREST IS FULLY DISCLOSED TO THE BOARD; (2) THE INTERESTED PERSON RESPONDS TO FACTUAL QUESTIONS RELATED TO THE SUBSTANCE OF THE TRANSACTION OR ARRANGEMENT. BEING CONSIDERED, AFTER WHICH HE/SHE SHALL LEAVE THE MEETING; (3) THE PERSON WITH THE CONFLICT OF INTEREST IS EXCLUDED FROM THE DISCUSSION AND APPROVAL OF SUCH TRANSACTION; (4) ALTERNATIVES TO THE PROPOSED TRANSACTION ARE INVESTIGATED, COMPETITIVE BIDS OR COMPARABLE VALUATIONS ARE OBTAINED; (5) ANY CONFLICTING ISSUES DURING THE COURSE OF A BOARD MEETING THAT CANNOT BE RESOLVED IS REFERRED TO THE GOVERNANCE COMMITTEE; AND (6) THE TRANSACTION OR ACTION MUST BE APPROVED BY A MAJORITY OF DISINTERESTED PERSONS. |
| FORM 990, PART VI, SECTION B, LINE 15 | OFFICER COMPENSATION DETERMINATION THE BOARD APPOINTS A COMPENSATION COMMITTEE, NONE OF WHICH HAS A CONFLICT OF INTEREST CONCERNING THE COMPENSATION ARRANGEMENT, TO BE ACCOUNTABLE FOR SETTING REASONABLE COMPENSATION PACKAGES FOR THE CEO. THE COMPENSATION COMMITTEE DEVELOPS PACKAGES CONSISTENT WITH THE ORGANIZATION'S PHILOSOPHY AND PRINCIPLES. AS WELL AS THE ANNUAL PERFORMANCE GOALS AND CRITERIA TO BE USED IN DETERMINING MERIT INCREASES AND VARIABLE COMPENSATION CRITERIA FOR OFFICERS AND KEY EMPLOYEES. THE COMPENSATION COMMITTEE ALSO HIRES A QUALIFIED INDEPENDENT COMPENSATION AND BENEFITS SPECIALIST (INDEPENDENT EXPERT) TO REVIEW, ANALYZE, AND PROVIDE BENCHMARKING DATA FOR THE TOTAL COMPENSATION AND BENEFITS PACKAGE. APPROPRIATE COMPARABILITY DATA IS OBTAINED FROM AN INDEPENDENT EXPERT (I.E., TOTAL ECONOMIC BENEFITS PAID BY SIMILARLY SITUATED ORGANIZATIONS, BOTH TAXABLE AND TAX-EXEMPT) FOR SIMILAR JOB RESPONSIBILITIES. THE COMPENSATION COMMITTEE APPROVES THE COMPENSATION ANNUALLY. INCENTIVE COMPENSATION IS DETERMINED BY THE COMPENSATION COMMITTEE AT THE END OF THE CALENDAR YEAR BASED ON THE EMPLOYEE'S PERFORMANCE AGAINST STATED GOALS FOR THAT YEAR. THE COMMITTEE'S WRITTEN RECORDS INCLUDE THE (1) TERMS OF THE ARRANGEMENT WITH THE DISQUALIFIED PERSON (INCLUDING THE DATE THE ARRANGEMENT WAS APPROVED); AND (2) A DESCRIPTION OF THE COMPARABLE DATA RELIED ON BY THE COMMITTEE. KEY DELIBERATIONS OF THE COMMITTEE, INCLUDING: (A) THE TERMS OF THE TRANSACTION THAT WAS APPROVED AND THE DATE IT WAS APPROVED; (B) THE MEMBERS OF THE AUTHORIZED BODY WHO WERE PRESENT DURING THE DEBATE ON THE TRANSACTION THAT WAS APPROVED AND THOSE WHO VOTED ON IT; (C) THE COMPARABILITY DATA OBTAINED AND RELIED UPON BY THE AUTHORIZED BODY AND HOW THE DATA WAS OBTAINED; AND (D) ANY ACTIONS TAKEN CONCERNING CONSIDERATION OF THE TRANSACTION BY ANYONE WHO IS OTHERWISE A MEMBER OF THE AUTHORIZED BODY BUT WHO HAD A CONFLICT OF INTEREST CONCERNING THE TRANSACTION ARE ALSO DOCUMENTED IN MINUTES WHICH ARE APPROVED AT THE NEXT COMMITTEE MEETING. FORM 990, PART VI, LINE 15B THE FOUNDATION FOLLOWS THE SAME PROCESS FOR DETERMINING COMPENSATION PACKAGES FOR OTHER OFFICERS AND KEY EMPLOYEES AS IT DOES FOR THE CEO. |
| FORM 990, PART VI, SECTION C, LINE 19 | DOCUMENTS AVAILABLE TO THE PUBLIC WHILE FEDERAL TAX LAWS DO NOT MANDATE THAT THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS BE MADE AVAILABLE FOR PUBLIC INSPECTION, THE ORGANIZATION MAKES ITS AUDITED FINANCIAL STATEMENTS THAT WERE PREPARED BY GENERALLY ACCEPTED ACCOUNTING PRINCIPLES (GAAP) AVAILABLE UPON REQUEST. |
| FORM 990, PART XI, LINE 9: | UNREALIZED LOSS ON INTEREST RATE SWAP 150,654. |
Schedule R IRS990ScheduleR
Id Disregarded Entities IdDisregardedEntitiesGrp
Disregarded Entity Name DisregardedEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | TGR LEARNING LAB PHILADELPHIA LLC | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 600 N 2ND ST 401 | AddressLine1Txt |
| City | HARRISBURG | CityNm |
| State Abbreviation | PA | StateAbbreviationCd |
| ZIP | 17101 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 933676286 | EIN |
| Primary Activities | EDUCATION | PrimaryActivitiesTxt |
| Legal Domicile State | PA | LegalDomicileStateCd |
| Total Income | $0 | TotalIncomeAmt |
| End Of Year Assets | $0 | EndOfYearAssetsAmt |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | TGR FOUNDATION | BusinessNameLine1Txt |
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp
Disregarded Entity Name DisregardedEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | TIGER WOODS CHARITY EVENT CORPORATION | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 15440 LAGUNA CANYON ROAD SUITE 230 | AddressLine1Txt |
| City | IRVINE | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 92618 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 061554474 | EIN |
| Primary Activities | FUNDRAISING | PrimaryActivitiesTxt |
| Legal Domicile State | CA | LegalDomicileStateCd |
| Exempt Code Section | 501(C)(3) | ExemptCodeSectionTxt |
| Public Charity Status | 12B | PublicCharityStatusTxt |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | TWF | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Controlled Organization | Yes (1) | ControlledOrganizationInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | 0 | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | 0 | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | Yes (1) | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | 0 | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | 0 | DivRelatedOrganizationInd |
| Asset Sale To Other Org | 0 | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | 0 | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | 0 | AssetExchangeInd |
| Rental Of Facilities To Oth Org | 0 | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | 0 | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | 0 | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | 0 | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | Yes (1) | SharingOfFacilitiesInd |
| Paid Employees Sharing | Yes (1) | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | Yes (1) | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | Yes (1) | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | 0 | TransferToOtherOrgInd |
| Transfer From Other Org | 0 | TransferFromOtherOrgInd |
Transactions Related Org TransactionsRelatedOrgGrp
Other Organization Name OtherOrganizationName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | TIGER WOODS CHARITY EVENT CORPORATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Transaction Type | C | TransactionTypeTxt |
| Involved | $6,861,343 | InvolvedAmt |
| Method Of Amount Determination | GRANTS RECEIVED | MethodOfAmountDeterminationTxt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART-V LINE-2 | FormAndLineReferenceDesc |
| Explanation | GRANT RECEIVED (C): THE CASH GRANTS FROM THE TIGER WOODS CHARITY EVENT CORPORATION WERE DETERMINED BASED ON THE RECIPIENT CHARITABLE ORGANIZATION'S OPERATIONAL NEEDS AND WAS APPROVED BY THE FOUNDATION'S BOARD DURING THE ANNUAL BUDGETING PROCESS FOR 2013-2014. | ExplanationTxt |