TIGER WOODS CHARITY EVENT CORP: Form 990, tax year 2020

View the entire original 990 at ProPublica ↗

Organization
TIGER WOODS CHARITY EVENT CORP (EIN 06-1554474)
Tax period
2020-10-01 to 2021-09-30
Filed
2022-08-15
IRS object ID
202202279349304660
Schema version
2020v4.2
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 ReturnHeader

FieldValueIRS element (for citing)
Return2022-08-15T16:15:10-05:00ReturnTs
Tax Period End2021-09-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN135565207PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1KPMG LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1550 SOUTH HOPE STREET SUITE 1500AddressLine1Txt
CityLOS ANGELESCityNm
State AbbreviationCAStateAbbreviationCd
ZIP90071ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2020-10-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN061554474EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1TIGER WOODS CHARITY EVENT CORPORATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlTIGEBusinessNameControlTxt
Phone9497253003PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line115440 LAGUNA CANYON ROAD NO 230AddressLine1Txt
CityIRVINECityNm
State AbbreviationCAStateAbbreviationCd
ZIP92618ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonGORDON MCNEILLPersonNm
Person TitlePRES/SEC/CEOPersonTitleTxt
Phone9497253003PhoneNum
Signature2022-08-15SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstGORDONPersonFirstNm
Person LastMCNEILLPersonLastNm
FieldValueIRS element (for citing)
SSNXXX-XX-XXXXSSN

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonCAREY MCKEEPreparerPersonNm
PTINP01281067PTIN
Phone2139724000PhoneNum

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

FieldValueIRS element (for citing)
Trusted Customer0TrustedCustomerCd
Authentication Assurance LevelAAL1AuthenticationAssuranceLevelCd
Identity Assurance LevelIAL1IdentityAssuranceLevelCd
FieldValueIRS element (for citing)
Tax2020TaxYr
Build TS2022-09-23 18:48:47ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Address ChangeYes (X)AddressChangeInd

Doing Business As Name DoingBusinessAsName

FieldValueIRS element (for citing)
Business Name Line1TGR LIVEBusinessNameLine1Txt
FieldValueIRS element (for citing)
Principal OfficerGORDON MCNEILLPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line115440 LAGUNA CANYON ROAD NO 230AddressLine1Txt
CityIRVINECityNm
State AbbreviationCAStateAbbreviationCd
ZIP92618ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$23,462,341GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.TGRFOUNDATION.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1999FormationYr
Legal Domicile StateCALegalDomicileStateCd
Activity Or MissionSUPPORTS THE PROGRAMS OF THE TIGER WOODS FOUNDATION INCLUDING ITS MULTIPLE EDUCATIONAL LEARNING CENTERS, NATIONAL SCHOLARSHIP PROGRAM AND VIRTUAL EDUCATIONAL OPPORTUNITIES.ActivityOrMissionDesc
Voting Members Governing Body2VotingMembersGoverningBodyCnt
Voting Members Independent1VotingMembersIndependentCnt
Total Employee25TotalEmployeeCnt
Total Volunteers532TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$2,051,465PYContributionsGrantsAmt
CY Contributions Grants$1,853,174CYContributionsGrantsAmt
PY Program Service Revenue$39,827,048PYProgramServiceRevenueAmt
CY Program Service Revenue$21,244,153CYProgramServiceRevenueAmt
PY Investment Income$64,574PYInvestmentIncomeAmt
CY Investment Income$41,240CYInvestmentIncomeAmt
PY Other Revenue$757,648PYOtherRevenueAmt
CY Other Revenue$89,215CYOtherRevenueAmt
PY Total Revenue$42,700,735PYTotalRevenueAmt
CY Total Revenue$23,227,782CYTotalRevenueAmt
PY Grants And Similar Paid$4,635,000PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$2,057,500CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$3,322,279PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$2,718,892CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$546,550CYTotalFundraisingExpenseAmt
PY Other Expenses$34,724,684PYOtherExpensesAmt
CY Other Expenses$18,451,015CYOtherExpensesAmt
PY Total Expenses$42,681,963PYTotalExpensesAmt
CY Total Expenses$23,227,407CYTotalExpensesAmt
PY Revenues Less Expenses$18,772PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$375CYRevenuesLessExpensesAmt
Total Assets BOY$13,263,042TotalAssetsBOYAmt
Total Assets EOY$9,536,474TotalAssetsEOYAmt
Total Liabilities BOY$12,375,351TotalLiabilitiesBOYAmt
Total Liabilities EOY$8,648,408TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$887,691NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$888,066NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionTO FUNCTION AS A SUPPORTING ORGANIZATION IN THE FURTHERANCE OF THE CHARITABLE ACTIVITIES, EDUCATIONAL PROGRAMS FOR YOUTH, AND THE GOALS OF THE TIGER WOODS FOUNDATION, INC., A PUBLICLY SUPPORTED ORGANIZATION FORMED AND QUALIFIED UNDER SECTION 501(C)(3) OF THE IRC.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant ChangeYes (1)SignificantChangeInd
Expense$22,210,516ExpenseAmt
Grant$2,057,500GrantAmt
Revenue$21,244,153RevenueAmt
DescTGR LIVE RAISES FUNDS FOR THE TGR FOUNDATION AND ITS EDUCATIONAL PROGRAMS. THE CHARITY CREATES UNIQUE EXPERIENCES FOR ALL DONORS AND GUESTS, WHILE HELPING YOUNG SCHOLARS AND STUDENTS TO ACHIEVE THEIR LIFE GOALS THROUGH TGR FOUNDATION'S EDUCATIONAL PROGRAMS. TGR LIVE PRODUCED 3 CHARITABLE EVENTS DURING THE YEAR OF 10/01/2020 THROUGH 9/30/2021. FOR DETAILED EVENT INFORMATION SEE SCHEDULE O.Desc
Total Program Service Expenses$22,210,516TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi Endowments0DonorRstrOrQuasiEndowmentsInd
Report Land Building Equipment0ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other AssetsYes (1)ReportOtherAssetsInd
Report Other Liabilities0ReportOtherLiabilitiesInd
Include FIN48 Footnote0IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt0IndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtYes (1)ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional FundraisingYes (1)ProfessionalFundraisingInd
Fundraising ActivitiesYes (1)FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To OrganizationsYes (1)GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J RequiredYes (1)ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash ContriYes (1)DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related EntityYes (1)RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document43IRPDocumentCnt
IRP Document W2 G1IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee25EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo ContributionsYes (1)QuidProQuoContributionsInd
Quid Pro Quo Contri DisclYes (1)QuidProQuoContriDisclInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Form1098 C Filed0Form1098CFiledInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members2GoverningBodyVotingMembersCnt
Independent Voting Member1IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board MembersYes (1)ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of Committees0MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
Compensation Process OtherYes (1)CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldCAStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1HOOD & BURCHBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone7149954833PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line110833 VALLEY VIEW STREET SUITE 470AddressLine1Txt
CityCYPRESSCityNm
State AbbreviationCAStateAbbreviationCd
ZIP90630ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (9 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtAverage Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtHighest Compensated EmployeeHighestCompensatedEmployeeIndFormer Ofcr Director TrusteeFormerOfcrDirectorTrusteeInd
GORDON MCNEILL
PRESIDENT/SEC/CEO (AS OF 9/1/20)32.5032.50Yes (X)Yes (X)$83,033$83,333$11,589
CHRIS HUBMAN
DIRECTOR1.001.00Yes (X)$0$0$0
JIN C THATCHER
TREASURER1.0049.00Yes (X)$0$256,402$37,571
MICHELLE A BEMIS
VP OF EVENTS & BUSINESS DEV45.000.00$257,601$0$19,644Yes (X)
MICHAEL ANTOLINI
VP CHAMPIONSHIPS45.000.00$230,159$0$24,752Yes (X)
DANIEL F CALLAHAN
ASSOCIATE VP CORP PARTNERS45.000.00$164,527$0$50,819Yes (X)
DAVID S KLEWAN
GENERAL MGR/GENESIS45.000.00$214,100$0$35,189Yes (X)
DANIEL SCALI
SR DIRECTOR, MARKETING & COMM40.000.00$127,000$0$24,239Yes (X)
RICHARD A SINGER
PRIOR PRESIDENT /SEC /CEO0.000.00$538,873$102,810$46,945Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$1,615,293TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$442,545TotReportableCompRltdOrgAmt
Total Other Compensation$250,748TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K12IndivRcvdGreaterThan100KCnt
Former Ofcr Employees ListedYes (1)FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (4 entries)

Address Line1ContractorAddress/USAddress/AddressLine1TxtCityContractorAddress/USAddress/CityNmState AbbreviationContractorAddress/USAddress/StateAbbreviationCdZIPContractorAddress/USAddress/ZIPCdServicesServicesDescCompensationCompensationAmt
PARTYTIME-HDO OPERATIONS LLC
DEPT 215 PO BOX 4458HOUSTONTX772104458EVENT RENTALS$857,809
RICHARD SINGER
7812 LINDSAY HILL TERRACEPOTOMACMD20854CONSULTING$187,460
GOVISION LLC
8291 GATEWAY DRIVEARGYLETX76226EVENT RENTALS$131,485
EXECUTIVE EVENT SERVICES LLC
22600 SAVI RANCH PKWYYORBA LINDACA92887SECURITY MANAGEMENT$110,974
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K4CntrctRcvdGreaterThan100KCnt
Fundraising$429,116FundraisingAmt
Government Grants$459,165GovernmentGrantsAmt
All Other Contributions$964,893AllOtherContributionsAmt
Noncash Contributions$85,000NoncashContributionsAmt
Total Contributions$1,853,174TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp

FieldValueIRS element (for citing)
DescPROGRAM SERVICESDesc
Business900099BusinessCd
Total Revenue Column$21,244,153TotalRevenueColumnAmt
Related Or Exempt Func Income$21,244,153RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Total Program Service Revenue$21,244,153TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$40,090TotalRevenueColumnAmt
Exclusion$40,090ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$133,406SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$132,256SecuritiesAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities$1,150SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$1,150TotalRevenueColumnAmt
Exclusion$1,150ExclusionAmt
FieldValueIRS element (for citing)
Fundraising Gross Income$170,071FundraisingGrossIncomeAmt
Contri Rpt Fundraising Event$429,116ContriRptFundraisingEventAmt
Fundraising Direct Expenses$102,303FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

FieldValueIRS element (for citing)
Total Revenue Column$67,768TotalRevenueColumnAmt
Exclusion$67,768ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp (3 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtExclusionExclusionAmt
REFUNDS AND REBATES900099$16,950$16,950
MERCHANDISE SALES900099$3,290$3,290
MISC INCOME900099$1,207$1,207
FieldValueIRS element (for citing)
Other Revenue Total$21,447OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$23,227,782TotalRevenueColumnAmt
Related Or Exempt Func Income$21,244,153RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$130,455ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$2,057,500TotalAmt
Program Services$2,057,500ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$250,000TotalAmt
Program Services$150,000ProgramServicesAmt
Management And General$62,500ManagementAndGeneralAmt
Fundraising$37,500FundraisingAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$1,889,308TotalAmt
Program Services$1,472,841ProgramServicesAmt
Management And General$104,734ManagementAndGeneralAmt
Fundraising$311,733FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$80,957TotalAmt
Program Services$61,414ProgramServicesAmt
Management And General$6,331ManagementAndGeneralAmt
Fundraising$13,212FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$337,116TotalAmt
Program Services$255,737ProgramServicesAmt
Management And General$26,362ManagementAndGeneralAmt
Fundraising$55,017FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$161,511TotalAmt
Program Services$122,522ProgramServicesAmt
Management And General$12,630ManagementAndGeneralAmt
Fundraising$26,359FundraisingAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$6,690TotalAmt
Program Services$6,690ProgramServicesAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$158,212TotalAmt
Program Services$32,853ProgramServicesAmt
Management And General$120,226ManagementAndGeneralAmt
Fundraising$5,133FundraisingAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$445,700TotalAmt
Program Services$340,620ProgramServicesAmt
Management And General$34,040ManagementAndGeneralAmt
Fundraising$71,040FundraisingAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$6,623,504TotalAmt
Program Services$6,623,504ProgramServicesAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$169,922TotalAmt
Program Services$109,110ProgramServicesAmt
Management And General$60,207ManagementAndGeneralAmt
Fundraising$605FundraisingAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$555TotalAmt
Program Services$555ProgramServicesAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$177,671TotalAmt
Program Services$130,416ProgramServicesAmt
Management And General$21,531ManagementAndGeneralAmt
Fundraising$25,724FundraisingAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$56,583TotalAmt
Program Services$56,435ProgramServicesAmt
Management And General$48ManagementAndGeneralAmt
Fundraising$100FundraisingAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$28,779TotalAmt
Program Services$7,418ProgramServicesAmt
Management And General$21,234ManagementAndGeneralAmt
Fundraising$127FundraisingAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$87,783TotalAmt
Program Services$87,783ProgramServicesAmt

Other Expenses OtherExpensesGrp

FieldValueIRS element (for citing)
DescTOURNAMENT COSTSDesc
Total$10,695,616TotalAmt
Program Services$10,695,118ProgramServicesAmt
Management And General$498ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$23,227,407TotalAmt
Program Services$22,210,516ProgramServicesAmt
Management And General$470,341ManagementAndGeneralAmt
Fundraising$546,550FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$2,310BOYAmt
EOY$1,251EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$3,786,093BOYAmt
EOY$6,044,044EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$577,471BOYAmt
EOY$350,326EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Receivables From Officers Etc ReceivablesFromOfficersEtcGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Rcvbl From Disqualified Prsn RcvblFromDisqualifiedPrsnGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Inventories For Sale Or Use InventoriesForSaleOrUseGrp

FieldValueIRS element (for citing)
BOY$20,623BOYAmt
EOY$18,573EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$7,738,214BOYAmt
EOY$1,642,541EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$0LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$0LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Investments Program Related InvestmentsProgramRelatedGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Intangible Assets IntangibleAssetsGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$1,138,331BOYAmt
EOY$1,479,739EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$13,263,042BOYAmt
EOY$9,536,474EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$317,615BOYAmt
EOY$692,099EOYAmt

Grants Payable GrantsPayableGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$11,598,571BOYAmt
EOY$7,956,309EOYAmt

Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Escrow Account Liability EscrowAccountLiabilityGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Loans From Officers Directors LoansFromOfficersDirectorsGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp

FieldValueIRS element (for citing)
BOY$459,165BOYAmt
EOY$0EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$12,375,351BOYAmt
EOY$8,648,408EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$887,691BOYAmt
EOY$888,066EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$887,691BOYAmt
EOY$888,066EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$13,263,042BOYAmt
EOY$9,536,474EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$375ReconcilationRevenueExpnssAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Info In Schedule O Part XIIYes (X)InfoInScheduleOPartXIIInd
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Consolidated Basis Fincl StmtYes (X)ConsolidatedBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Supporting Organization509a3Yes (X)SupportingOrganization509a3Ind
Supporting Org Type2Yes (X)SupportingOrgType2Ind
Supported Organizations1SupportedOrganizationsCnt

Supported Org Information SupportedOrgInformationGrp

Supported Organization Name SupportedOrganizationName

FieldValueIRS element (for citing)
Business Name Line1TIGER WOODS FOUNDATION INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
EIN200677815EIN
Organization Type2OrganizationTypeCd
Governing Document ListedYes (1)GoverningDocumentListedInd
Support$2,057,500SupportAmt
Other Support$0OtherSupportAmt
FieldValueIRS element (for citing)
Supported Organizations Total1SupportedOrganizationsTotalCnt
Support Sum$2,057,500SupportSumAmt
Other Support Sum$0OtherSupportSumAmt

Form990 Sch A Supporting Org Form990SchASupportingOrgGrp

FieldValueIRS element (for citing)
Listed By Name Governing DocYes (1)ListedByNameGoverningDocInd
Suprt Org No IRS Determination0SuprtOrgNoIRSDeterminationInd
Supported Org Section C4560SupportedOrgSectionC456Ind
Supported Org Not Organized US0SupportedOrgNotOrganizedUSInd
Organization Change Suprt Org0OrganizationChangeSuprtOrgInd
Support Non Supported Org0SupportNonSupportedOrgInd
Payment Substantial Contribtr0PaymentSubstantialContribtrInd
Loan Disqualified Person0LoanDisqualifiedPersonInd
Controlled Disqualified Prsn0ControlledDisqualifiedPrsnInd
Disqualified Prsn Controll Int0DisqualifiedPrsnControllIntInd
Disqualified Prsn Ownr Int0DisqualifiedPrsnOwnrIntInd
Excess Business Holdings Rules0ExcessBusinessHoldingsRulesInd
Contribution Controller0ContributionControllerInd
Contribution Family0ContributionFamilyInd
Contribution35 Controlled0Contribution35ControlledInd
FieldValueIRS element (for citing)
Majority Dir Trst Supported OrgYes (1)MajorityDirTrstSupportedOrgInd

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

FieldValueIRS element (for citing)
Agent Trustee Etc0AgentTrusteeEtcInd
Total Book Value Land Buildings$0TotalBookValueLandBuildingsAmt

Other Assets Org OtherAssetsOrgGrp

FieldValueIRS element (for citing)
DescDUE FROM RELATED ORGANIZATIONDesc
Book Value$1,479,739BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Other Assets$1,479,739TotalBookValueOtherAssetsAmt
Total Rev Etc Audited Fincl Stmt$23,227,782TotalRevEtcAuditedFinclStmtAmt
Donated Services And Use Fclts$78,000DonatedServicesAndUseFcltsAmt
Revenue Not Reported$78,000RevenueNotReportedAmt
Revenue Subtotal$23,149,782RevenueSubtotalAmt
Other Revenues Not Included$78,000OtherRevenuesNotIncludedAmt
Revenue Not Reported Fincl Stmt$78,000RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$23,227,782TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$23,227,407TotExpnsEtcAuditedFinclStmtAmt
Expenses Not Reported$0ExpensesNotReportedAmt
Expenses Subtotal$23,227,407ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt$0ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$23,227,407TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART XI, LINE 4B - OTHER ADJUSTMENTS:FormAndLineReferenceDesc
ExplanationDONATED USE OF FACILITIES IN FUNDRAISING EVENTSExplanationTxt

Schedule G IRS990ScheduleG

FieldValueIRS element (for citing)
Email SolicitationsYes (X)EmailSolicitationsInd
Agrmt Prof Fundraising ActyYes (1)AgrmtProfFundraisingActyInd

Fundraiser Activity Info FundraiserActivityInfoGrp

Organization Business Name OrganizationBusinessName

FieldValueIRS element (for citing)
Business Name Line1CHARITY BUZZBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line1437 FIFTH AVENUE 11TH FLOORAddressLine1Txt
CityNEW YORKCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10016ZIPCd
FieldValueIRS element (for citing)
ActivityONLINE AUCTIONActivityTxt
Fundraiser Control Of FundsYes (1)FundraiserControlOfFundsInd
Gross Receipts$25,200GrossReceiptsAmt
Retained By Contractor$5,544RetainedByContractorAmt
Net To Organization$19,656NetToOrganizationAmt
FieldValueIRS element (for citing)
Total Gross Receipts$25,200TotalGrossReceiptsAmt
Total Retained By Contractors$5,544TotalRetainedByContractorsAmt
Total Net To Organization$19,656TotalNetToOrganizationAmt

Fundraising Event Information FundraisingEventInformationGrp

FieldValueIRS element (for citing)
Event1NEXUS CUPEvent1Nm
Gross Receipts Event1$490,000GrossReceiptsEvent1Amt
Charitable Contri Event1$332,000CharitableContriEvent1Amt
Gross Revenue Event1$158,000GrossRevenueEvent1Amt
Other Direct Expenses Event1$80,102OtherDirectExpensesEvent1Amt
Event2ONLINE AUCTIONSEvent2Nm
Gross Receipts Event2$109,187GrossReceiptsEvent2Amt
Charitable Contri Event2$97,116CharitableContriEvent2Amt
Gross Revenue Event2$12,071GrossRevenueEvent2Amt
Other Direct Expenses Event2$22,201OtherDirectExpensesEvent2Amt
Gross Receipts Total$599,187GrossReceiptsTotalAmt
Charitable Contributions Tot$429,116CharitableContributionsTotAmt
Gross Revenue Total Events$170,071GrossRevenueTotalEventsAmt
Oth Direct Expnss Total Events$102,303OthDirectExpnssTotalEventsAmt
Direct Expense Summary Events$102,303DirectExpenseSummaryEventsAmt
Net Income Summary$67,768NetIncomeSummaryAmt

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedYes (1)GrantRecordsMaintainedInd

Recipient Table RecipientTable

Recipient Business Name RecipientBusinessName

FieldValueIRS element (for citing)
Business Name Line1TIGER WOODS FOUNDATIONBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line11 TIGER WOODS WAYAddressLine1Txt
CityANAHEIMCityNm
State AbbreviationCAStateAbbreviationCd
ZIP92801ZIPCd
FieldValueIRS element (for citing)
Recipient EIN200677815RecipientEIN
IRC Section501(C)(3)IRCSectionDesc
Cash Grant$2,057,500CashGrantAmt
Valuation Method UsedN/AValuationMethodUsedDesc
Non Cash AssistanceN/ANonCashAssistanceDesc
Purpose Of GrantYOUTH DEVELOPMENTPurposeOfGrantTxt
FieldValueIRS element (for citing)
Total501c3 Org1Total501c3OrgCnt
Total Other Org0TotalOtherOrgCnt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, LINE 2:FormAndLineReferenceDesc
ExplanationPROCEDURES FOR MONITORING THE USE OF GRANT FUNDS AS A SECTION 509(A)(3) SUPPORTING ORGANIZATION, THE ORGANIZATION OPERATES EXCLUSIVELY FOR THE BENEFIT OF, TO PERFORM THE FUNCTION OF, OR TO CARRY OUT THE PURPOSES OF THE TIGER WOODS FOUNDATION (PROGRAMS SUCH AS LEARNING CENTERS AND SCHOLARSHIPS), WHICH INCLUDE MAKING PAYMENTS DIRECTLY TO THE BENEFICIARY ORGANIZATION, TRANSFERRING AND MONITORING THAT RESTRICTIONS ARE MET BEFORE RELEASE AND EXPENDITURE OF SUCH FUNDS.ExplanationTxt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Severance Payment0SeverancePaymentInd
Supplemental Nonqual Rtr Plan0SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm0EquityBasedCompArrngmInd
Comp Based On Revenue Of Flng OrgYes (1)CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related Orgs0CompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng Org0CompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd Orgs0CompBsdNetEarnsRltdOrgsInd
Any Non Fixed Payments0AnyNonFixedPaymentsInd
Initial Contract Exception0InitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (8 entries)

TitleTitleTxtBase Compensation Filing OrgBaseCompensationFilingOrgAmtCompensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmtBonus Filing OrganizationBonusFilingOrganizationAmountBonus Related OrganizationsBonusRelatedOrganizationsAmtOther Compensation Filing OrgOtherCompensationFilingOrgAmtOther Compensation Rltd OrgsOtherCompensationRltdOrgsAmtDeferred Compensation Flng OrgDeferredCompensationFlngOrgAmtDeferred Comp Rltd OrgsDeferredCompRltdOrgsAmtNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmtNontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmtTotal Compensation Filing OrgTotalCompensationFilingOrgAmtTotal Compensation Rltd OrgsTotalCompensationRltdOrgsAmtComp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmtComp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
RICHARD A SINGER
PRIOR PRESIDENT /SEC /CEO$260,856$102,810$50,000$0$228,017$0$9,618$0$37,327$0$585,818$102,810$0$0
JIN C THATCHER
TREASURER$0$220,402$0$36,000$0$0$0$8,866$0$28,705$0$293,973$0$0
MICHELLE A BEMIS
VP OF EVENTS & BUSINESS DEV$221,601$0$36,000$0$0$0$8,866$0$10,778$0$277,245$0$0$0
MICHAEL ANTOLINI
VP CHAMPIONSHIPS$194,659$0$35,500$0$0$0$7,811$0$16,941$0$254,911$0$0$0
DAVID S KLEWAN
GENERAL MGR/GENESIS$190,100$0$24,000$0$0$0$7,652$0$27,537$0$249,289$0$0$0
DANIEL F CALLAHAN
ASSOCIATE VP CORP PARTNERS$138,155$0$26,372$0$0$0$5,576$0$45,243$0$215,346$0$0$0
GORDON MCNEILL
PRESIDENT/SEC/CEO (AS OF 9/1/20)$83,033$83,333$0$0$0$0$833$833$9,923$0$93,789$84,166$0$0
DANIEL SCALI
SR DIRECTOR, MARKETING & COMM$113,600$0$13,400$0$0$0$4,592$0$19,647$0$151,239$0$0$0

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART I, LINE 3THE ORGANIZATION RELIED ON A RELATED ORGANIZATION, TIGER WOODS FOUNDATION, INC., THAT USED ONE OR MORE OF THE FOLLOWING METHODS DESCRIBED IN SCHEDULE J, PART I, LINE 3, TO ESTABLISH THE ORGANIZATION'S TOP MANAGEMENT OFFICIAL'S COMPENSATION: COMPENSATION COMMITTEE INDEPENDENT COMPENSATION CONSULTANT COMPENSATION SURVEY AND STUDY APPROVAL BY THE BOARD AND COMPENSATION COMMITTEE
PART I, LINE 5THE ORGANIZATION ENTERED INTO A VARIABLE COMPENSATION ARRANGEMENT WITH DANIEL CALLAHAN. HE WOULD BE ELIGIBLE TO EARN A COMMISSION OF 2-4% OF REVENUES FOR THE ORGANIZATION'S EVENTS AND FUNDRAISERS, IF THE REVENUE HE GENERATED EXCEEDED SPECIFIED TARGET GOALS. AMOUNTS PAID UNDER THIS ARRANGEMENT AMOUNTED TO $22,172 AND ARE INCLUDED IN COLUMN (B)(II) IN PART II.
COMPENSATION FROM RELATED ORGANIZATIONS:THE PRESIDENT, SECRETARY AND CEO, GORDON MCNEILL WAS COMPENSATED THROUGH TIGER WOODS CHARITY EVENT CORPORATION AND RELATED 501(C)(3)ORGANIZATION, TIGER WOODS FOUNDATION, INC., WHERE HE DEVOTED A COMBINED TOTAL OF 65 HOURS PER WEEK. IN CONJUNCTION WITH HIS DUTIES AS PRESIDENT AND CEO OF THE TIGER WOODS FOUNDATION, HE OVERSAW ALL FIVE TIGER WOODS LEARNING CENTERS AND ALL THE NATIONAL SCHOLARSHIP PROGRAMS.

Schedule M IRS990ScheduleM

Other Non Cash Contri Table OtherNonCashContriTableGrp (2 entries)

Non Cash CheckboxNonCashCheckboxIndDescDescContributionContributionCntNoncash Contributions Rpt F990NoncashContributionsRptF990AmtMethod Of Determining RevenuesMethodOfDeterminingRevenuesTxt
Yes (X)SPORTING EVENT TICKETS1$80,000RETAIL VALUE
Yes (X)SPORTS EQUIPMENT1$5,000RETAIL VALUE
FieldValueIRS element (for citing)
Any Property That Must Be Held0AnyPropertyThatMustBeHeldInd
Review Process Unusual NC Gifts0ReviewProcessUnusualNCGiftsInd
Third Parties Used0ThirdPartiesUsedInd

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, COLUMN (B):FormAndLineReferenceDesc
ExplanationNUMBER OF CONTRIBUTIONS OR ITEMS RECEIVED THE NUMBERS REPORTED IN COLUMN (B) REPRESENT THE NUMBER OF CONTRIBUTIONS, NOT THE NUMBER OF ITEMS.ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (9 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART III, LINE 3DUE TO THE COVID-19 PANDEMIC, THREE OF THE FIVE REGULARLY SCHEDULED EVENTS, TIGER WOODS INVITATIONAL 2020, HERO WORLD CHALLENGE 2020, AND TIGER JAM 2021, WERE CANCELLED.
FORM 990, PART III, LINE 4A CONTINUEDPROGRAM SERVICE ACCOMPLISHMENTS TIGER WOODS INVITATIONAL OCTOBER 2020 DUE TO COVID-19 RESTRICTIONS, THE TIGER WOODS INVITATIONAL WAS NOT HELD IN 2020. HERO WORLD CHALLENGE 2020 DUE TO COVID-19 RESTRICTIONS IN THE BAHAMAS, THE 2020 HERO WORLD CHALLENGE WAS NOT HELD. IT WAS THE FIRST TIME SINCE THE TOURNAMENT'S INCEPTION IN 1999 THAT THE EVENT WAS NOT CONTESTED. GENESIS INVITATIONAL 2021 HELD FEBRUARY 15-21, 2021, AT THE RIVIERA COUNTRY CLUB, THE GENESIS INVITATIONAL WAS PLAYED WITHOUT SPECTATORS FOR THE FIRST TIME IN ITS HISTORY. DUE TO LOCAL COVID-19 RESTRICTIONS, PROFESSIONAL PGA TOUR COMPETITION WAS HELD BUT GATES WERE CLOSED TO THE PUBLIC AS THE TOURNAMENT WAS BROADCAST ON GOLF CHANNEL AND CBS. SOUTHERN CALIFORNIA NATIVE MAX HOMA AND PGA TOUR STAR TONY FINAU FINISHED THE TOURNAMENT TIED ATOP THE LEADERBOARD AND HEADED TO A PLAYOFF. AFTER BOTH MEN MADE PAR ON THE FIRST PLAYOFF HOLE, HOMA EARNED HIS SECOND PGA TOUR VICTORY ON THE SECOND PLAYOFF HOLE. HOMA GREW UP ATTENDING THE TOURNAMENT AT RIVIERA AND CALLED THE WIN A HIGHLIGHT OF HIS PROFESSIONAL CAREER. PRO-AMS DURING THE EARLY PART OF THE WEEK, AN ONLINE AUCTION, AND SUPPORT OF EVENT PARTNERS HELPED RAISE FUNDS FOR TGR FOUNDATION. TIGER JAM 2021 THE LONGEST STANDING EVENT RUN BY TGR LIVE, TIGER JAM WAS NOT HELD IN 2021 DUE TO THE COVID-19 PANDEMIC. NEXUS CUP 2021 NEXUS CUP RETURNED TO LIBERTY NATIONAL GOLF CLUB AND NEXUS CLUB NEW YORK SEPTEMBER 13-14, 2021. FEATURING TWO DAYS OF TEAM GOLF COMPETITION AND A CURATED EVENING EVENT AT NEXUS CLUB, GUESTS ENJOYED THEMSELVES WHILE RAISING FUNDS FOR TGR FOUNDATION. PGA TOUR PROFESSIONALS COLLIN MORIKAWA, TONY FINAU, GARY WOODLAND AND HENRIK STENSON HELPED EACH TEAM ON THE GOLF COURSE BY HITTING TEE SHOTS ON DIFFICULT PAR-3 HOLES. ALL FOUR RECENT PGA TOUR CHAMPIONS WERE JOINED BY FORMER NFL ALL-PRO MICHAEL STRAHAN DURING THE DINNER AT NEXUS CLUB NEW YORK WHERE THEY ENTERTAINED GUESTS WITH AN INSIDE LOOK AT BEING A PROFESSIONAL ATHLETE.
FORM 990, PART VI, SECTION A, LINE 7AMEMBERS OF THE ORGANIZATION THE ORGANIZATION HAS A SOLE MEMBER, THE TIGER WOODS FOUNDATION. 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 A, LINE 8BBOARD MINUTES THE BOARD'S DISCUSSIONS REGARDING THE ORGANIZATION ARE DOCUMENTED IN CONJUNCTION WITH THE BOARD MEETINGS OF ITS SOLE MEMBER, THE TIGER WOODS FOUNDATION.
FORM 990, PART VI, SECTION B, LINE 11BPROCESS 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/CFO PRIOR TO PROVIDING THE DRAFT TO THE AUDIT COMMITTEE. IN ADDITION TO CONSULTING WITH THE TREASURER/CFO AND EXECUTIVE STAFF, THE AUDIT COMMITTEE ALSO MEETS WITH THE ACCOUNTING FIRM HIRED TO PREPARE THE FORM 990. SUBSEQUENT TO ITS REVIEW, THE AUDIT COMMITTEE REPORTS BACK TO THE BOARD REGARDING ITS OVERSIGHT OF THE FORM 990 AND THE FINAL DRAFT IS PROVIDED TO THE ENTIRE BOARD BEFORE THE RETURN IS FILED.
FORM 990, PART VI, SECTION B, LINE 12CCONFLICT OF INTEREST POLICY PURSUANT TO 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 AND 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 INCLUDES, BUT IS 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 WHICH CANNOT BE RESOLVED IS REFERRED TO THE EXECUTIVE COMMITTEE; AND (6) THE TRANSACTION OR ACTION MUST BE APPROVED BY A MAJORITY OF DISINTERESTED PERSONS.
FORM 990, PART VI, SECTION B, LINE 15COMPENSATION DETERMINATION PROCESS THE BOARD APPOINTS A COMPENSATION COMMITTEE, NONE OF WHICH HAVE A CONFLICT OF INTEREST WITH RESPECT TO THE COMPENSATION ARRANGEMENT, TO BE ACCOUNTABLE FOR SETTING REASONABLE COMPENSATION PACKAGES FOR EACH OFFICER OR KEY EMPLOYEE, INCLUDING THE CEO. THE COMPENSATION COMMITTEE DEVELOPS, CONSISTENT WITH THE ORGANIZATION'S PHILOSOPHY AND PRINCIPLES, 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 PACKAGES OF OFFICERS AND KEY EMPLOYEES. APPROPRIATE COMPARABILITY DATA IS OBTAINED FROM THE INDEPENDENT EXPERTS, (I.E., TOTAL ECONOMIC BENEFITS PAID BY SIMILARLY SITUATED ORGANIZATIONS, BOTH TAXABLE AND TAX-EXEMPT) FOR SIMILAR JOB RESPONSIBILITIES. 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 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 WITH RESPECT TO CONSIDERATION OF THE TRANSACTION BY ANYONE WHO IS OTHERWISE A MEMBER OF THE AUTHORIZED BODY BUT WHO HAD A CONFLICT OF INTEREST WITH RESPECT TO THE TRANSACTION ARE ALSO DOCUMENTED IN MINUTES, WHICH ARE APPROVED AT THE NEXT COMMITTEE MEETING. COMPENSATION DETERMINATION PROCESS (OTHER OFFICERS OR KEY EMPLOYEES) THE COMPENSATION REVIEW AND APPROVAL PROCESS FOR OTHERS OFFICERS AND KEY EMPLOYEES IS THE SAME AS FOR THE CEO.
FORM 990, PART VI, SECTION C, LINE 19AVAILABILITY OF DOCUMENTS 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 IN ACCORDANCE WITH GENERALLY ACCEPTED ACCOUNTING PRINCIPLES (GAAP) AVAILABLE UPON REQUEST.
FORM 990, PART XII, LINE 2CAUDIT OF FINANCIAL STATEMENTS BY INDEPENDENT ACCOUNTANT THE TIGER WOODS CHARITY EVENT CORPORATION'S FINANCIAL STATEMENTS WERE INCLUDED IN THE CONSOLIDATED AUDITED FINANCIAL STATEMENTS OF THE TIGER WOODS FOUNDATION INC., AND AFFILIATES. THE CONSOLIDATED AUDITED FINANCIAL STATEMENTS WERE AUDITED BY KPMG, AN INDEPENDENT ACCOUNTING FIRM, AND WERE PREPARED ACCORDING TO GAAP.

Schedule R IRS990ScheduleR

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp

Disregarded Entity Name DisregardedEntityName

FieldValueIRS element (for citing)
Business Name Line1TIGER WOODS FOUNDATION INCBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line11 TIGER WOODS WAYAddressLine1Txt
CityANAHEIMCityNm
State AbbreviationCAStateAbbreviationCd
ZIP92801ZIPCd
FieldValueIRS element (for citing)
EIN200677815EIN
Primary ActivitiesEDUCATIONPrimaryActivitiesTxt
Legal Domicile StateCALegalDomicileStateCd
Exempt Code Section501(C)(3)ExemptCodeSectionTxt
Public Charity StatusLINE 2PublicCharityStatusTxt
Direct Controlling NAN/ADirectControllingNACd
Controlled Organization0ControlledOrganizationInd
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts Rylts0ReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth OrgYes (1)GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth Org0GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other Org0LoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth Org0LoansOrGuaranteesFromOthOrgInd
Div Related Organization0DivRelatedOrganizationInd
Asset Sale To Other Org0AssetSaleToOtherOrgInd
Asset Purchase From Other Org0AssetPurchaseFromOtherOrgInd
Asset Exchange0AssetExchangeInd
Rental Of Facilities To Oth Org0RentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth Org0RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth Org0PerformOfServicesForOthOrgInd
Perform Of Services By Other Org0PerformOfServicesByOtherOrgInd
Sharing Of FacilitiesYes (1)SharingOfFacilitiesInd
Paid Employees SharingYes (1)PaidEmployeesSharingInd
Reimbursement Paid To Other OrgYes (1)ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other OrgYes (1)ReimbursementPaidByOtherOrgInd
Transfer To Other Org0TransferToOtherOrgInd
Transfer From Other Org0TransferFromOtherOrgInd

Transactions Related Org TransactionsRelatedOrgGrp

Other Organization Name OtherOrganizationName

FieldValueIRS element (for citing)
Business Name Line1TIGER WOODS FOUNDATION INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Transaction TypeBTransactionTypeTxt
Involved$2,057,500InvolvedAmt
Method Of Amount DeterminationCASH PAIDMethodOfAmountDeterminationTxt

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