2024-08-14T20:31:54-05:00 2023-09-30 135565207 KPMG LLP 550 SOUTH HOPE STREET SUITE 1500 LOS ANGELES CA 90071 990 2022-10-01 200677815 TIGER WOODS FOUNDATION INC TIGE 9497253003 1 TIGER WOODS WAY ANAHEIM CA 92801 CYNDI COURT CEO/SEC 9497253003 2024-08-14 1 0 CAREY MCKEE P01281067 2139724000 2024-08-14 2022 2024-08-08 14:25:15Z TGR FOUNDATION CYNDI COURT 15440 LAGUNA CYN RD 230 IRVINE CA 92618 29732861 0 X WWW.TGRFOUNDATION.ORG X 2004 CA A NON-PROFIT THAT OPERATES SCHOOL FACILITIES,TEACHER TRAINING & EDUCATIONAL PROGRAMS FOR YOUTH. 15 14 62 307 0 0 11448682 13816527 0 23400 11155379 1257587 70330 864579 22674391 15962093 1041049 1161050 0 0 4090034 5373773 12789 44000 865789 4452488 5071757 9596360 11650580 13078031 4311513 109498177 128974874 8959599 9050682 100538578 119924192 X 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. 1 0 6747990 0 23400 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. 1633589 1010000 0 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. 269423 151050 0 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. 8651002 1 1 0 0 0 0 0 0 0 0 1 1 0 0 1 0 0 1 1 0 1 0 0 1 0 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 1 0 0 1 60 0 1 62 1 0 0 0 0 0 0 0 0 0 0 0 0 X 15 14 0 0 0 0 0 1 0 1 1 0 0 1 1 1 1 1 1 1 1 1 1 CA CT DC FL GA MD MA NY OR PA SC VA X HOOD & BURCH INC 7149954833 10833 VALLEY VIEW STREET SUITE 470 CYPRESS CA 90630 GORDON MCNEILL PRES/SEC/CEO (THRU 12/22) 30.00 30.00 X X 267500 271300 59573 MIKE D MCKEE CHAIRMAN 1.00 1.00 X X 0 0 0 ALEXIS OHANIAN DIRECTOR 1.00 0.00 X 0 0 0 BILL WOODLEY DIRECTOR 1.00 0.00 X 0 0 0 CHRIS J HUBMAN DIRECTOR 1.00 1.00 X 0 0 0 DANNY CONWAY DIRECTOR 1.00 0.00 X 0 0 0 ED MACHIR DIRECTOR 1.00 0.00 X 0 0 0 JIM KIM DIRECTOR (THRU 11/22) 1.00 0.00 X 0 0 0 JON ORSZAG DIRECTOR 1.00 0.00 X 0 0 0 KARINA HAMILTON DIRECTOR 1.00 0.00 X 0 0 0 KEN W BENTLEY DIRECTOR 1.00 0.00 X 0 0 0 LEO TUCKER DIRECTOR 1.00 0.00 X 0 0 0 MARK STEINBERG DIRECTOR 1.00 1.00 X 0 0 0 PETE V UEBERROTH DIRECTOR 1.00 0.00 X 0 0 0 ROB LIGHT DIRECTOR 1.00 0.00 X 0 0 0 SANDY BARRY DIRECTOR 1.00 0.00 X 0 0 0 CYNDI COURT CEO/SEC (AS OF 7/5/23) 30.00 30.00 X X 0 0 0 JIN THATCHER COO 49.00 1.00 X 279564 0 43818 CRISTINA L FERNANDEZ VP PROGRAMS 40.00 0.00 X 136105 0 31926 GYLA BELL VP PROGRAMS 40.00 0.00 X 144000 0 17026 JOSEPH HSU SR. DIRECTOR, IT 40.00 0.00 X 127520 0 22649 MICHELLE S KIM SVP DEVELOPMENT 40.00 0.00 X 209950 0 40891 STACY STARK AVP EVENTS 40.00 0.00 X 120633 0 38433 KATHERINE BIHR FORMER VP PROGRAMS & ED (THRU 12/21) 40.00 0.00 X 105000 0 11902 1390272 271300 266218 10 1 1 0 CERITY PARTNERS LLC 335 MADISON AVENUE 23RD FLOOR NEW YORK NY 10017 INVESTMENT ADVISORY 236484 EXCEL SPORTS MANAGEMENT LLC 1700 BROADWAY 29TH FLOOR NEW YORK NY 10019 CONSULTING 190000 REBECCA PORTER 4800 STRAFORD DRIVE GREENDALE WI 53129 CONSULTING 128770 3 6861343 6955184 123964 13816527 CLASS REGISTRATION 611600 23400 23400 23400 1183145 1183145 101213 254585 -153372 -153372 -153372 13590625 13516183 74442 74442 74442 CONTRACTS & SERVICES 900099 1011780 1011780 REBATES 900099 6151 6151 MISCELLANEOUS REVENUE 900099 20 20 1017951 15962093 23400 0 2122166 1010000 1010000 151050 151050 1207287 739763 206238 261286 3073599 2380642 493325 199632 114779 83154 19116 12509 664411 466258 121027 77126 313697 230566 49682 33449 31127 18022 8383 4722 226278 9860 213835 2583 44000 44000 597331 597331 971630 866804 65932 38894 160791 93358 43134 24299 167059 123871 31003 12185 299016 167842 77054 54120 700346 618781 52494 29071 221090 169913 35578 15599 226880 164212 40018 22650 424136 409249 14887 494081 478717 11517 3847 299413 222021 47590 29802 EWS EXPENSES 118374 118374 PROGRAM SUPPLIES 113566 113566 TWLC EXPANSION EXPENSES 14540 14540 TAXES & FEES 5618 5618 481 439 27 15 11650580 8651002 2133789 865789 1438 750 6431765 9885634 2228235 1393094 49387 193007 0 0 0 0 0 0 0 0 217461 1570370 16762992 8296915 8653810 8466077 51437114 57766068 40126167 49556102 0 0 0 0 352800 143772 109498177 128974874 753788 1800976 731700 422500 545890 529421 6695239 6215457 0 0 0 0 0 0 0 0 232982 82328 8959599 9050682 X 95409906 115745361 5128672 4178831 100538578 119924192 109498177 128974874 X 4311513 14923447 150654 X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 13209545 5278144 7931401 1830639 1765091 65548 1554475 1253680 300795 168333 168333 8466077 LONG/SHORT MULTISTRATEGY 22787 F LONG GLOBAL EQUITY 38609962 F PRIVATE MORTGAGE FUND 4298298 F MULTIPLE STRATEGIES 6625055 F 49556102 INTEREST RATE SWAP 82328 82328 30687830 14923447 150654 15074101 15613729 602949 -254585 348364 15962093 11302216 254585 254585 11047631 602949 602949 11650580 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. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 SCHEDULE E, PART I, LINE 3 THE TIGER WOODS FOUNDATION PUBLICIZED ITS RACIALLY NONDISCRIMINATORY POLICY IN ALL STUDENT APPLICATION FORMS AND ON THE ORGANIZATION'S WEBSITE. CENTRAL AMERICA AND THE CARIBBEAN 0 0 INVESTMENTS N/A 7150869 0 0 0 0 0 0 7150869 0 7150869 0 0 0 0 0 0 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. X 1 TOWNSEND PUBLIC AFFAIRS INC 1401 DOVE STREET NEWPORT BEACH CA 92660 SOLICIT GOVERNMENT GRANTS 0 0 42000 -42000 42000 -42000 AR AZ CA CT DC DE FL GA IA ID IL IN KS KY LA MA MD MS MT NE NJ NV NY OH OK OR PA RI SC SD TX VA WV 1 GENESIS INSPIRATION FOUNDATION 10550 TALBERT AVE FOUNTAIN VALLEY CA 92708 834218073 501(C)(3) 500000 0 N/A N/A COMMUNITY SUPPORT BAHAMAS YOUTH FOUNDATION 9350 CONROY WINDERMERE ROAD WINDERMERE FL 34786 821489150 501(C)(3) 170000 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) 115000 0 N/A N/A COMMUNITY SUPPORT TAVISTOCK FOUNDATION 9350 CONROY WINDERMERE RD WINDERMERE FL 347868411 593249459 501(C)(3) 80000 0 N/A N/A COMMUNITY SUPPORT WAKE FOREST UNIVERSITY 1834 WAKE FOREST ROAD WINSTONSALEM NC 27106 560532138 501(C)(3) 50000 0 N/A N/A COMMUNITY SUPPORT WORLD GOLF FOUNDATION ONE WORLD GOLF PL ST AUGUSTINE FL 32092 592998925 501(C)(3) 50000 0 N/A N/A COMMUNITY SUPPORT SOUTHWESTERN INVITATIONAL GOLF TOURNAMENT 5911 SUNNY VISTA AVE OAK PARK CA 91377 850674771 501(C)(3) 25000 0 N/A N/A COMMUNITY SUPPORT GOLF COACHES ASSOCIATION OF AMERICA 1225 W MAIN STREET 110 NORMAN OK 73069 561237173 501(C)(3) 15000 0 N/A N/A COMMUNITY SUPPORT 8 0 EARL WOODS SCHOLARSHIPS 56 151050 N/A N/A PART I, LINE 2: 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. X X X X 1 0 0 0 0 0 0 0 0 GORDON MCNEILL PRES/SEC/CEO (THRU 12/22) 267500 266300 0 5000 0 0 0 12200 0 47373 267500 330873 0 0 JIN THATCHER COO 255564 0 24000 0 0 0 6884 0 36934 0 323382 0 0 0 MICHELLE S KIM SVP DEVELOPMENT 191950 0 18000 0 0 0 7704 0 33187 0 250841 0 0 0 CRISTINA L FERNANDEZ VP PROGRAMS 124755 0 11350 0 0 0 4960 0 26966 0 168031 0 0 0 GYLA BELL VP PROGRAMS 132000 0 12000 0 0 0 4400 0 12626 0 161026 0 0 0 STACY STARK AVP EVENTS 114033 0 6600 0 0 0 4636 0 33797 0 159066 0 0 0 JOSEPH HSU SR. DIRECTOR, IT 116800 0 10720 0 0 0 4720 0 17929 0 150169 0 0 0 KATHERINE BIHR FORMER VP PROGRAMS & ED (THRU 12/21) 0 0 0 0 105000 0 0 0 11902 0 116902 0 0 0 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). A CALIFORNIA MUNICIPAL FINANCE AUTHORITY 201563466 1309114R8 2013-04-05 10775000 SEE PART VI 0 1 0 A 4332496 10775000 10775000 2013 0 1 1 1 A 0 0 0 0 0.00000 0.00000 0.00000 0 0 1 A 0 0 0 1 1 1 BANK OF AMERICA 15.000000000000 0 0 0 0 1 A 0 PART 1, COLUMN (F) 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. X 2414 RETAIL VALUE X 3 121550 HIGH/LOW AVG DATE 0 0 1 0 PART I, COLUMN (B): THE FOUNDATION IS REPORTING THE NUMBER OF CONTRIBUTORS. 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. TGR LEARNING LAB PHILADELPHIA LLC 600 N 2ND ST 401 HARRISBURG PA 17101 933676286 EDUCATION PA 0 0 TGR FOUNDATION TIGER WOODS CHARITY EVENT CORPORATION 15440 LAGUNA CANYON ROAD SUITE 230 IRVINE CA 92618 061554474 FUNDRAISING CA 501(C)(3) 12B TWF 1 0 0 1 0 0 0 0 0 0 0 0 0 0 1 1 1 1 0 0 TIGER WOODS CHARITY EVENT CORPORATION C 6861343 GRANTS RECEIVED PART-V LINE-2 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.