2022-05-12T12:31:34-05:00 2021-06-30 721396621 CARR RIGGS & INGRAM LLC 1031 W MORSE BLVD SUITE 200 WINTER PARK FL 32789 990 2020-07-01 465468220 ARNOLD & WINNIE PALMER FOUNDATION INC ARNO 4078768057 9000 BAY HILL BLVD ORLANDO FL 32819 BRIAN BATTLES TREASURER 4078768057 2022-05-03 1 BRIAN BATTLES 999009999 SARAH E MARSHALL CPA P00748415 4076447455 2022-05-03 2 AAL1 IAL1 2020 2022-09-23 18:48:47Z BRIAN BATTLES 9000 BAY HILL BLVD ORLANDO FL 32819 5357707 0 X PALMERFOUNDATION.ORG X 2014 FL THE ORGANIZATION'S MISSION IS TO PROMOTE YOUTH CHARACTER DEVELOPMENT, CHILDREN'S HEALTH, ENVIRONMENTAL STEWARDSHIP AND WELL-BEING WHILE ALSO PRESERVING, ENHANCING AND PROMOTING THE LEGACY OF ARNOLD PALMER IN GOLF AND AMERICAN HISTORY AND SHARING IT WITH THE PUBLIC AS A PRACTICAL AND INSPIRATIONAL COMPONENT OF THE CHARITABLE AND EDUCATIONAL PILLARS OF THE FOUNDATION. 6 6 0 25 0 0 1137568 2293509 0 0 1239604 316019 -83093 -6000 2294079 2603528 1851516 2033845 0 0 356480 282598 0 0 31092 334990 768459 2542986 3084902 -248907 -481374 19030478 20742397 535760 82879 18494718 20659518 X THE ORGANIZATION'S MISSION IS TO PROMOTE YOUTH CHARACTER DEVELOPMENT, CHILDREN'S HEALTH, ENVIRONMENTAL STEWARDSHIP AND WELL-BEING WHILE ALSO PRESERVING, ENHANCING AND PROMOTING THE LEGACY OF ARNOLD PALMER IN GOLF AND AMERICAN HISTORY AND SHARING IT WITH THE PUBLIC AS A PRACTICAL AND INSPIRATIONAL COMPONENT OF THE CHARITABLE AND EDUCATIONAL PILLARS OF THE FOUNDATION. ADDITIONALLY, THE ORGANIZATION PROVIDES FINANCIAL SUPPORT TO INSTITUTIONS AND ORGANIZATIONS THAT SUPPORT THESE SAME PROGRAMS AND INITIATIVES. 0 0 1833845 1833845 THE ORGANIZATION PROVIDES FINANCIAL SUPPORT TO INSTITUTIONS AND ORGANIZATIONS THAT PROMOTE YOUTH CHARACTER DEVELOPMENT, CHILDREN'S HEALTH, ENVIRONMENTAL STEWARDSHIP AND WELL-BEING WHILE ALSO PRESERVING, ENHANCING AND PROMOTING THE LEGACY OF ARNOLD PALMER IN GOLF AND AMERICAN HISTORY. ADDITIONALLY, IN 2021, "ARNIE'S CHALLENGE" WAS HELD TO ALLOW ARNOLD & WINNIE PALMER FOUNDATION TO GRANT FUNDS TO AN ORGANIZATION FULFILLING ITS MISSION TO INVEST IN THE WELL-BEING OF CHILDREN AND YOUTH TO ENSURE AND CREATE OPPORTUNITIES FOR THEM TO LIVE SAFE, HEALTHY, AND FULFILLING LIVES. 615947 200000 DURING FY20/21 THE ORGANIZATION HELD TWO PALMER CUPS BECAUSE THE PREVIOUS ONE WAS DELAYED DUE TO THE PANDEMIC. THE FIRST PALMER CUP WAS HELD IN DECEMBER OF 2020 WITH THE SECOND OCCURRING IN JUNE 2021. THIS COLLEGIATE EVENT'S PURPOSE IS TO PROMOTE THE DEVELOPMENT OF YOUTH GOLFERS AND TO PASS ON MR. ARNOLD PALMER'S VALUES TO THE NEXT GENERATION OF GOLFERS. 2449792 1 1 0 0 0 0 0 0 0 1 1 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 1 1 0 0 0 1 4 0 0 0 0 0 0 0 0 0 0 0 0 X 6 6 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 0 0 0 FL X FONTANA CPAS 7277999533 13007 W LINEBAUGH AVENUE TAMPA FL 33626 X AMY SAUNDERS DIRECTOR 1.00 2.00 X 0 0 0 DAVID BARGER DIRECTOR 1.00 0.00 X 0 0 0 MIKE MCCARLEY DIRECTOR 1.00 0.00 X 0 0 0 KEN BOEHNER BOARD CHAIR 1.00 2.00 X X 0 0 0 TIM MANN DIRECTOR 1.00 0.00 X 0 0 0 DAVID NORMOYLE DIRECTOR 1.00 0.00 X 0 0 0 BRIAN BATTLES TREASURER 5.00 5.00 X 0 0 0 KRISTIN RAYMOND SECRETARY 5.00 2.00 X 0 0 0 0 0 0 0 0 0 0 0 77599 2215910 2293509 258338 258338 2805860 2748179 57681 57681 57681 0 77599 6000 -6000 -6000 2603528 0 0 310019 2033845 2033845 282598 282598 42668 42668 42966 42966 170309 170309 15827 15827 17230 17230 13958 13958 2118 2118 PALMER CUP EXPENSE 415947 415947 GENERAL FUNDRAISING EXP 31092 31092 BANK & CREDIT CARD FEES 9666 9666 MARKETING & COMMUNICATI 6678 6678 3084902 2449792 604018 31092 8308287 1635588 175066 443931 49460 4080 142734 66230 90461 76504 10407204 18582294 19030478 20742397 35760 82879 500000 0 535760 82879 X 16910289 20503268 1584429 156250 18494718 20659518 19030478 20742397 -481374 2646174 0 X X 0 1 X 1 0 X 4074671 2056917 3357523 1137568 2293509 12920188 4074671 2056917 3357523 1137568 2293509 12920188 3243565 9676623 19226 96077 368131 258720 258338 1000492 64441 99205 163646 14084326 0.68700 0.43940 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 10407204 1780906 58582 1590443 10539085 10118781 288423 10407204 7845048 2000000 516008 52512 189763 10118781 7832382 12666 7845048 1426457 6189762 260439 44276 7832382 1.00000 0.00000 0.00000 1 0 142734 66230 76504 76504 X PART X, LINE 2: THE ORGANIZATION HAS NOT TAKEN ANY MATERIAL UNCERTAIN TAX POSITIONS FOR WHICH THE ASSOCIATED TAX BENEFITS MAY NOT BE RECOGNIZED UNDER ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA. PART V, LINE 4 THE EARNINGS OF THE ORGANIZATION'S ENDOWMENT FUNDS ARE USED TO SUPPORT INSTITUTIONS AND ORGANIZATIONS THAT PROMOTE YOUTH CHARACTER DEVELOPMENT, CHILDREN'S HEALTH, ENVIRONMENTAL STEWARDSHIP AND WELL-BEING WHILE ALSO PRESERVING, ENHANCING, AND PROMOTING THE LEGACY OF ARNOLD PALMER IN GOLF AND AMERICAN HISTORY. LATROBE CLASSIC ARNIE'S MARCHES 77599 77599 6000 77599 77599 6000 6000 -6000 1 ORLANDO HEALTH FOUNDATION 1414 KUHL AVE ORLANDO FL 32806 592244943 501(C)(3) 117599 1590443 FAIR MARKET VALUE SECURITIES TO SUPPORT CHILDREN'S HEALTH AND WELL-BEING AND NICU OPERATIONS FLORIDA CITRUS SPORTS EVENTS INC 1 CITRUS BOWL PL ORLANDO FL 32805 593021238 501(C)(3) 200000 SUPPORT LAKE LORNA DOONE NATURE ENHANCEMENTS SAINT VINCENT COLLEGE 300 FRASER PURCHASE ROAD LATROBE PA 15650 250964126 501(C)(3) 74392 TO SUPPORT NATURE FOCUSED WELLNESS ADVENTHEALTH FOUNDATION CFL 550 EAST ROLLINS STREET ORLANDO FL 32803 592219301 501(C)(3) 5091 TO SUPPORT YOUTH DEVELOPMENT IDEAS FOR US 1030 WEST KALEY AVE ORLANDO FL 32805 273999166 501(C)(3) 36320 TO SUPPORT NATURE FOCUSED WELLNESS ARKANSAS STATE GOLF ASSOCIATION SCHOLARSHIP FUND PO BOX 30250 LITTLE ROCK AR 72260 710470120 501(C)(3) 10000 TO SUPPORT YOUTH DEVELOPMENT 6 0 PART I, LINE 2: THE ORGANIZATION MONITORS ITS GRANTS BY REGULAR AND PERIODIC COMMUNICATION TO BOARD MEMBERS AND SUPPORT STAFF, REGARDING THE PROGRESS, SUCCESSES AND AREAS OF NEED IN THE RELATED PROGRAMS. TBHC INC DBA THE BAY HILL CLUB & LODGE SUPP INFO, NOTE 1 108283 PALMER FOUNDATION - OPERATIONAL COSTS SUCH AS OFFICE SUPPLIES, RENT, COMPUTER EQUIPMENT, CONSULTANTS AND OTHER ROUTINE EXPENSES RELATED TO RUNNING THE ORGANIZATION. 0 TBHC INC DBA THE BAY HILL CLUB & LODGE SUPP INFO, NOTE 2 247491 SALARIES - PALMER FOUNDATION REIMBURSES TBHC, INC. FOR THE COMPENSATION OF TBHC, INC. EMPLOYEES LEASED BY PALMER FOUNDATION FOR MANAGING AND OPERATING ORGANIZATIONAL ACTIVITIES 0 LATROBE COUNTRY CLUB INC SUPP INFO, NOTE 3 29605 SALARIES - PALMER FOUNDATION REIMBURSES LATROBE COUNTRY CLUB INC. FOR THE COMPENSATION OF A LATROBE COUNTRY CLUB INC. EMPLOYEE LEASED BY PALMER FOUNDATION FOR RESEARCH AND COMPILATION OF ARNOLD PALMER'S LIFE WORKS INCLUDING BUSINESS RELATIONSHIPS, MEMORABILIA, AND COMMUNITY INVOLVEMENT. 0 PART IV, COLUMN B, NOTE 1 ENTITY MORE THAN 35% OWNED BY AMY P. SAUNDERS SEPARATE TRUST WITH AMY P. SAUNDERS AS THE BENEFICIARY. PART IV, COLUMN B, NOTE 2 ENTITY MORE THAN 35% OWNED BY AMY P. SAUNDERS SEPARATE TRUST WITH AMY P. SAUNDERS AS THE BENEFICIARY. PART IV, COLUMN B, NOTE 3 ENTITY MORE THAN 35% OWNED BY ARNOLD D. PALMER REVOCABLE TRUST WITH AMY P. SAUNDERS AS ONE OF THE BENEFICIARIES. FORM 990, PART VI, SECTION B, LINE 11B THE ORGANIZATION'S TOP MANAGEMENT OFFICIAL AND TOP FINANCIAL OFFICIAL EACH REVIEW THE FORM 990 PRIOR TO ITS FILING WITH THE IRS. A COPY OF THE FINAL FORM 990 IS ALSO PROVIDED TO THE VOTING MEMBERS OF THE ORGANIZATION'S GOVERNING BODY PRIOR TO ITS FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION'S CONFLICT OF INTEREST POLICY IS DISTRIBUTED TO EACH MEMBER OF THE ORGANIZATION'S GOVERNING BODY AND ITS OFFICERS ON AN ANNUAL BASIS. EACH SUCH INDIVIDUAL PROVIDES AN ANNUAL DISCLOSURE STATEMENT INDICATING THAT THEY HAVE RECEIVED, READ, UNDERSTOOD, AND AGREED TO COMPLY WITH THE POLICY, CERTIFYING THAT: (1) THEY HAVE NO RELATIONSHIPS OR INTEREST THAT PRESENT A CONFLICT OF INTEREST, (2) THEY HAVE ONE OR MORE CONFLICTS OF INTEREST THAT HAVE BEEN FULLY DISCLOSED AS REQUIRED BY THE POLICY AND HAVE BEEN PROPERLY ADMINISTERED IN CONFORMITY WITH THE POLICY, OR (3) THEY HAVE PREVIOUSLY UNDISCLOSED CONFLICTS OF INTEREST AND DISCLOSING THE DETAILS OF SUCH CONFLICTS. ANY DISCLOSURE STATEMENTS WITH PREVIOUSLY UNDISCLOSED CONFLICTS OF INTEREST ARE FORWARDED TO APPROPRIATE ORGANIZATION OFFICIALS TO TAKE APPROPRIATE ACTIONS AS REQUIRED BY THE POLICY. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION PROVIDES, UPON REQUEST, COPIES OF ITS ARTICLES OF INCORPORATION, BYLAWS, CONFLICT OF INTEREST POLICY, AND ITS FINANCIAL STATEMENTS. FORM 990, PART XII, FINANCIAL STATEMENTS AND REPORTING AUDITED FINANCIAL STATEMENTS PALMER FOUNDATION IS INCLUDED IN THE CONSOLIDATED AUDITED FINANCIAL STATEMENTS OF ARNOLD & WINNIE PALMER FOUNDATION AND ARNIE'S ARMY CHARITABLE FOUNDATION. THE AUDIT WAS CONDUCTED FOR THE YEAR (7/1/20 TO 6/30/21). THE FINANCIAL STATEMENTS ARE AUDITED BY AN INDEPENDENT ACCOUNTANT AND THE BOARD OF PALMER FOUNDATION ASSUMES RESPONSIBILITY FOR THE OVERSIGHT OF THE AUDIT AND THE SELECTION OF THE INDEPENDENT ACCOUNTANT. ARNIE'S ARMY CHARITABLE FOUNDATION INC 9000 BAY HILL BOULEVARD ORLANDO FL 32819 813305976 TO SUPPORT ARNOLD & WINNIE PALMER FOUNDATION, INC. FL 501(C)(3) LINE 12B, II ARNOLD & WINNIE PALMER FOUNDATION INC 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0