2024-11-15T11:38:57-06:00 2023-12-31 760269860 Blazek & Vetterling 2900 Weslayan Suite 200 Houston TX 77027 990 2023-01-01 811718705 Congaree Foundation CONG 7135803200 1375 Enclave Parkway Houston TX 77077 Brianne Lee Treasurer 7135803200 2024-11-15 0 0 Barbara Murphy P01386215 7134395739 2023 2024-10-15 13:58:12Z Marcus A Watts 1375 Enclave Parkway Houston TX 77077 3050663 0 X congareefoundation.org X 2016 TX To promote education, relieve poverty and provide assistance to disadvantaged young people. 3 1 10 5 1974 0 2925625 2325139 194705 209469 87863 357164 177578 121433 3385771 3013205 53399 15000 0 0 101383 65927 0 0 30581 1105997 1120181 1260779 1201108 2124992 1812097 13383355 15278712 413813 318045 12969542 14960667 To undertake activities to promote education, relieve poverty and provide assistance to disadvantaged young people. 0 0 1039897 15000 209469 The Congaree Foundation's purpose is to positively impact the lives of young people, locally and around the globe, by providing educational and vocational opportunities through the game of golf.The Congaree Foundation hosts the Congaree Global Golf Initiative to help academically committed and talented young golfers with limited resources expand their options and access to post-secondary education and athletic scholarships. The Foundation partners with community nonprofits and local golf organizations to offer golf instruction, workforce training opportunities and support programs to young people and families in the South Carolina Lowcountry. 1039897 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 0 0 1 20 0 1 10 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 3 1 1 0 0 0 1 1 0 1 1 0 0 1 1 1 1 0 0 1 0 0 SC X Brianne Lee 7135803200 1375 Enclave Parkway Houston TX 77077 X Marcus A Watts President & Director 0.50 40.00 X X 0 150001 0 Scott Schwinger Vice President & Director 0.50 0.00 X X 0 0 0 Eric F Williamson Director 0.50 40.00 X 0 150001 0 Ben Grandy Executive Director 40.00 0.00 X 0 135578 6780 Paige Larrabee Secretary 1.00 40.00 X 0 150001 0 Sandra Sena Treasurer (through 10/17/23) 0.50 40.00 X 0 150001 0 Brianne Lee Treasurer (from 10/18/23) 0.50 40.00 X 0 150001 0 0 885583 6780 0 0 1 0 0 2325139 31785 2325139 Membership fees 713910 143746 143746 Tournament, other fees 713910 65723 65723 209469 357321 357321 119459 0 119459 119459 119459 29458 29615 -157 -157 -157 9817 7843 1974 1974 3013205 209469 1974 476623 X 15000 15000 60623 60623 5304 5304 84 84 446732 411771 34961 1532 1532 27421 27421 24388 24388 229710 229710 94093 94093 13252 13252 133807 133807 42244 42244 Repairs 38721 38721 Membership cultivation 30581 30581 Supplies 24383 24383 Transportation 10705 10705 2528 2528 1201108 1039897 130630 30581 5212877 1526831 5966381 7253155 65579 374605 256 2748 6022 6968 2412120 316627 2132240 2095493 4018912 13383355 15278712 413813 318045 413813 318045 X 12954542 14945667 15000 15000 12969542 14960667 13383355 15278712 1812097 179028 0 X 0 0 0 X 2387824 1546096 3500047 2925625 2325139 12684731 2387824 1546096 3500047 2925625 2325139 12684731 236789 12447942 85217 60286 85211 261540 476780 969034 2327 2468 1974 6769 13660534 565677 0.91120 0.93930 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2317026 239001 2078025 95094 77626 17468 2095493 Europe (Including Iceland & Greenland) 0 3 Program services Golf camp 58251 0 3 0 0 0 3 58251 0 58251 0 0 0 0 0 0 1 Lowcountry Food Bank 2864 Azalea Dr Charleston SC 29405 570751835 501(c)(3) 15000 0 General support 1 0 Part I, Line 2: Congaree Foundation requires board approval for charitable contributions over $5,000. Congaree Foundation requires grantees over $5,000 to provide annual reports and explanation on how Congaree Foundation funds have been used. Prior to granting any funds, Congaree Foundation exercises a due diligence process and reviews potential grantee organization's Form 990s, W-9s, board composition and other documents that provide indications of the health and operations of the organization. X X 1 1 0 0 0 0 0 0 0 Marcus A Watts President & Director 0 150001 0 0 0 0 0 0 0 0 0 150001 0 0 Paige Larrabee Secretary 0 150001 0 0 0 0 0 0 0 0 0 150001 0 0 Sandra Sena Treasurer (through 10/17/23) 0 150001 0 0 0 0 0 0 0 0 0 150001 0 0 Brianne Lee Treasurer (from 10/18/23) 0 150001 0 0 0 0 0 0 0 0 0 150001 0 0 Eric F Williamson Director 0 150001 0 0 0 0 0 0 0 0 0 150001 0 0 Part I, Line 3 The Congaree Foundation Board of Directors determined the appropriate compensation for Congaree Foundation's Executive Director. The compensation was determined using the Exponent Philanthropy Foundation Operations and Management report. Exponent is a philanthropy serving organization, and their report is highly regarded in the field. Part I, Lines 4a-b Sandra Sena received severance of less than $100,000 and a distribution from a non-qualified compensation plan of $22,000. X 5 31785 FMV 0 0 0 Form 990, Part VI, Section A, line 2 Marcus A. Watts and Eric Williamson have a business relationship with one another. Form 990, Part VI, Section A, line 6 The members of the Foundation are those persons who then qualify as "Founding Members" of Congaree Golf Partners, LLC, a Texas limited liability company, each acting through its "Founding Member Principal or, in the event of the death of the Founding Member Principal, through the "Principal" of such Founding Member. Form 990, Part VI, Section A, line 7a The Members shall elect the members of the Board in accordance with Article IV of the Bylaws. Form 990, Part VI, Section B, line 11b The Form 990 is reviewed by the Tax Director, Director of Public Affairs & Philanthropy and Executive Director. Emails are sent to accounting, legal, and payroll departments to ask for assistance with some of the questions. A copy of the return is provided to all current members of the governing board. Form 990, Part VI, Section B, line 12c A conflict of interest policy (the "policy") with an effective date of January 27, 2016 was adopted by unanimous written consent of the Board of Directors. The entity monitors and enforces compliance with the policy by requiring directors and officers to sign annual statements affirming their receipt of a copy of the policy, that the policy has been read and understood, and that the policy and purpose of the organization's activities will be complied with. In addition, periodic reviews are conducted to ensure operations are conducted in a manner consistent with the organization's charitable purposes and to ensure that the organization does not engage in activities that could jeopardize its tax-exempt status. Form 990, Part VI, Section B, line 15a The Congaree Foundation Board of Directors determined the appropriate compensation for Congaree Foundation's Executive Director. The compensation was determined using the Exponent Philanthropy Foundation Operations and Management report. Exponent is a philanthropy serving organization, and their report is highly regarded in the field. Form 990, Part VI, Section C, line 19 The organization makes its governing documents and financial statements available to the public upon written request. Form 990, Part VII Compensation Explanation: Ben Grandy's payroll is administered by Congaree Golf Partners LLC. The Foundation reimburses Congaree Golf Partners LLC for his salary and benefits. Form 990, Part IX, line 11g Consulting: Program service expenses 254,683. Total expenses 254,683. CGGI program coordinator: Program service expenses 80,085. Total expenses 80,085. CGGI program professional fees: Program service expenses 77,003. Total expenses 77,003. Other professional fees: Management and general expenses 34,961. Total expenses 34,961. Sergeant Jasper LLC 1375 Enclave Parkway Houston TX 77077 861415944 Municipal golf facility TX 211443 76002 Congaree Foundation Congaree Golf Partners LLC 1375 Enclave Parkway Houston TX 77077 465491258 Golf Club TX N/A N/A 0 0 Iconic Properties LLC 1375 Enclave Parkway Houston TX 77077 472406839 Hotel DE N/A N/A 0 0 Friedkin Companies Inc 1375 Enclave Parkway Houston TX 77077 741978362 Corporate Svc TX N/A S 0 Pursuit Holdings LLC 1375 Enclave Parkway Houston TX 77077 814462377 Holding Company DE N/A S 0 The Friedkin Group Inc 1375 Enclave Parkway Houston TX 77077 275549425 Holding Company TX N/A S 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 1 0 0 0 Congaree Golf Partners LLC J 119459 Cash Congaree Golf Partners LLC K 184000 Cash Congaree Golf Partners LLC P 345206 Cash