2021-08-16T18:44:51-05:00 2020-09-30 KPMG LLP 550 S Hope St Suite 1500 Los Angeles CA 90071 990 2019-10-01 200677815 TIGER WOODS FOUNDATION INC % HOOD & BURCH INC TIGE 9497253003 1 TIGER WOODS WAY ANAHEIM CA 92801 GORDON MCNEILL PRES/SEC/CEO 9497253003 2021-08-16 true CAREY MCKEE P01281067 2139724000 2021-08-16 2019 2022-09-23 18:48:47Z TGR FOUNDATION GORDON MCNEILL 121 INNOVATION DR STE 150 IRVINE CA 92617 29995919 false X WWW.TGRFOUNDATION.ORG X 2004 CA TIGER WOODS FOUNDATION, A NON-PROFIT PUBLIC BENEFIT CORP, OPERATES SCHOOL FACILITIES, TEACHER TRAINING AND VIRTUAL EDUCATIONAL OPPORTUNITIES FOR YOUTH. 16 15 59 42 0 0 7277391 6582340 41161 3850 2665476 6518055 102021 111198 10086049 13215443 2281604 1479381 0 0 4216063 4419049 151174 101446 947306 5220644 4401393 11869485 10401269 -1783436 2814174 106189338 109486598 10894783 11720278 95294555 97766320 X AT THE TIGER WOODS FOUNDATION (TWF), WE BELIEVE IN A WORLD WHERE OPPORTUNITY IS UNIVERSAL AND POTENTIAL IS LIMITLESS AND WE EMPOWER STUDENTS TO PURSUE THEIR PASSIONS THROUGH EDUCATION. false true 5544416 3850 SCHOOL DAY EACH WEEK AT THE TGR LEARNING LAB, OUR 35,000-SQUARE-FOOT INNOVATION LAB OPENS ITS DOORS TO FIFTH GRADERS AND THEIR CLASSROOM TEACHERS FROM ACROSS SOUTHERN CALIFORNIA. WHAT AWAITS STUDENTS AND TEACHERS BOTH 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, ONE THING IS CERTAIN - WE DON'T TEACH FROM A TEXTBOOK.(CONTINUED ON SCHEDULE O) 2068245 1407608 0 TIGER 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. 145937 71773 EARL WOODS SCHOLARSHIP PROGRAM SUPPORTING HIGH-POTENTIAL STUDENTS WITH DEMONSTRATED NEED AND A COMMITMENT TO COMMUNITY SERVICE, THE EARL WOODS SCHOLAR PROGRAM GOES FAR BEYOND FINANCIAL ASSISTANCE. EACH EARL WOODS SCHOLAR ALSO RECEIVES MENTORING SUPPORT, SPECIALIZED INTERNSHIP OPPORTUNITIES, CAREER DEVELOPMENT AND ENRICHMENT WORKSHOPS. TO ENCOURAGE PERSONAL GROWTH AND ENHANCE PROFESSIONAL DEVELOPMENT, THE EARL WOODS SCHOLAR PROGRAM PROVIDES AN ARRAY OF INTERACTIVE LEARNING AND ENGAGEMENT OPPORTUNITIES FOR SCHOLARS ON AN ANNUAL BASIS. (CONTINUED IN SCHEDULE O) 7758598 true true false false false false false false false false true true false false true false false true true false true false false true false false false true true true true false false false false false false false false false false true false false false true true true true false false true 24 0 59 true false false false false false false false false false false false false X 16 15 false false false false false true false true true false false true true true true true true true true false 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 X RICK SINGER PRES/SEC/CEO (THRU 08/24/20) 25.0 40.0 X X 163800 466000 53319 JIN THATCHER VP OPERATIONS & ADMINISTRATION 49.0 1.0 X 241764 0 35523 JANINE S KOENEKE VP, DONOR PTRS (THRU 12/31/19) 40.0 0.0 X 216488 0 42737 KATHERINE BIHR VP PROGRAMS & EDUCATION 40.0 0.0 X 231500 0 26492 MICHELLE S KIM VP STRATEGIC PARTNERSHIPS 40.0 0.0 X 191800 0 41110 STACY STARK VP EVENTS 40.0 0.0 X 116083 0 39849 CRISTINA L FERNANDEZ SR. 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DIRECTOR LEARNING CENTERS 40.0 0.0 X 123420 0 11847 GORDON MCNEILL PRES/SEC/CEO (AS OF 08/31/20) 25.0 40.0 X X 0 0 0 MICHAEL D MCKEE CHAIRMAN 1.0 1.0 X X 0 0 0 ALEXIS OHANIAN DIRECTOR (AS OF 11/01/19) 1.0 0.0 X 0 0 0 BILL WOODLEY DIRECTOR 1.0 0.0 X 0 0 0 CHRISTOPHER J HUBMAN DIRECTOR 1.0 1.0 X 0 0 0 ED MACHIR DIRECTOR 1.0 0.0 X 0 0 0 JIM KIM DIRECTOR 1.0 0.0 X 0 0 0 JONATHAN ORSZAG DIRECTOR 1.0 0.0 X 0 0 0 KARINA HAMILTON DIRECTOR 1.0 0.0 X 0 0 0 KENNETH W BENTLEY DIRECTOR 1.0 0.0 X 0 0 0 LEO TUCKER DIRECTOR 1.0 0.0 X 0 0 0 MARK STEINBERG DIRECTOR 1.0 0.0 X 0 0 0 PETER V UEBERROTH DIRECTOR 1.0 0.0 X 0 0 0 ROB LIGHT DIRECTOR 1.0 0.0 X 0 0 0 RONALD DANNY CONWAY DIRECTOR 1.0 0.0 X 0 0 0 SANDRA BARRY DIRECTOR 1.0 0.0 X 0 0 0 1399920 466000 275587 8 false true false Algonquin Advisors LLC 1 Greenwich Office Park North Greenwich CT 06831 Financial Advisor 287812 KPMG LLP PO Box 120922 Dept 0922 Dallas TX 753120922 Accounting 102195 4 X 2899 4635000 1944441 43199 6582340 CLASS REGISTRATION 3850 3850 3850 2475165 2475165 0 0 0 0 0 20812366 11000 16772971 7505 4039395 3495 4042890 4042890 0 0 0 0 0 0 0 0 0 CONTRACTS & SERVICES INCOME 900099 106485 106485 REBATES 900099 3963 3963 MEMBERSHIP REWARDS 900099 750 750 111198 13215443 3850 6629253 X 1407608 1407608 71773 71773 0 0 979603 614982 167801 196820 0 2571181 2003136 314656 253389 106739 79091 14273 13375 509755 387276 63620 58859 251771 189474 32246 30051 0 27115 16429 5586 5100 204228 10189 190876 3163 0 101446 101446 558177 558177 667199 605665 32257 29277 162745 97511 33636 31598 143887 112385 22248 9254 153342 95175 30378 27789 0 912874 661688 131642 119544 128191 104126 12773 11292 0 39578 24396 7936 7246 365060 361409 3651 0 588333 551242 21809 15282 236182 171864 33846 30472 EWS EXPENSES 74164 74164 PROGRAM SUPPLIES 47278 47278 TWLC EXPANSION EXPENSES 35257 35257 STUDENT TRANSPORTATION 26235 25694 541 31548 10786 17413 3349 10401269 7758598 1695365 947306 X 719 773 2831364 9439746 720672 10000 241799 66622 0 0 0 0 0 0 0 0 138469 120361 15745364 8019210 8255978 7726154 53248034 49983788 40622931 42013475 0 0 0 0 129372 125679 106189338 109486598 763575 454176 488300 39175 0 0 8228347 7793790 0 0 0 0 0 0 0 691357 1414561 2741780 10894783 11720278 X 87121913 90019005 8172642 7747315 95294555 97766320 106189338 109486598 X 2814174 -153016 -189393 X false true X true false X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 11628044 4353803 7274241 1957893 1774442 183451 1991094 1722632 268462 168333 168333 7726154 LONG/SHORT MULTISTRATEGY 43755 F LONG GLOBAL EQUITY 35949586 F PRIVATE MORTGAGE FUND 1506968 F MULTIPLE STRATEGIES 4513166 F 42013475 0 INTEREST RATE SWAP 1603954 DUE TO RELATED PARTY 1137826 2741780 12301111 -153016 -189393 -342409 12643520 571923 571923 13215443 9829346 9829346 571923 571923 10401269 REVENUE INCLUDED ON AUDITED FINANCIAL STATEMENTS, NOT ON FORM 990 SCHEDULE D, PART XI, LINE 2D UNREALIZED LOSS ON INTEREST RATE SWAP NOT REPORTED ON FORM 990 ($189,393) true true true true true true true false false false false false false false false false false true PUBLICIZING OF RACIALLY NONDISCRIMINATORY POLICY FORM 990, 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 INVESTMENTS N/A 6272807 6272807 6272807 false false false false true false ACCOUNTING BASIS FORM 990, SCHEDULE F, PART I, LINE 3(F) ACCOUNTING BASIS FOR EXPENDITURES REPORTED IN COLUMN (F) ARE IN U.S. DOLLARS USING THE ACCRUAL BASIS OF ACCOUNTING. X X X X X X true STEM CONNECTOR 2005 MARKET STREET SUITE 3300 PHILADELHIA PA 19103 STEM MAT'LS WRITING false 50000 0 TOWNSEND PUBLIC AFFAIRS 1401 DOVE ST STE 330 NEWPORT BEACH CA 92660 CAMPAIGN STRATEGY false 45000 0 95000 0 AZ AR CA CT DE DC FL GA ID IL IN IA KS KY LA MD MA MS MT NE NV NJ NY OH OK OR PA RI SC SD TX VA WV true GENESIS MOTOR AMERICA FOUNDATION 10550 TALBERT AVE FOUNTAIN VALLEY CA 92708 834218073 501 (C)(3) 500000 N/A N/A COMMUNITY SUPPORT GOLF COACHES ASSOCIATION OF AMERICA 1225 W MAIN ST 110 NORMAN OK 73069 561237173 501 (C)(3) 25000 N/A N/A COMMUNITY SUPPORT pRIDE BOOSTER CLUB INC PAUL REVERE MIDDLE SCHOOL 1450 ALLENFORD AVE LOS ANGELES CA 90049 953815710 501 (C)(3) 115000 N/A N/A COMMUNITY SUPPORT TAVISTOCK FOUNDATION 9350 CONROY WINDERMERE RD WINDERMERE FL 347868411 593249459 501 (C)(6) 515000 N/A N/A COMMUNITY SUPPORT THE FIRST TEE 425 S LEGACY TRAIL ST AUGUSTINE FL 32092 593577327 501 (C)(3) 142858 N/A N/A COMMUNITY SUPPORT UNIVERSITY OF SOUTHERN CALIFORNIA 3501 WATT WAY ATTN TGI 2020 LOS ANGELES CA 900890602 951642394 501 (C)(3) 50000 N/A N/A ATHLETICS SUPPORT WORLD GOLF FOUNDATION INC ONE WORLD GOLF PL ST AUGUSTINE FL 320922727 592998925 501 (C)(3) 50000 N/A N/A COMMUNITY SUPPORT 6 1 EARL WOODS SCHOLARSHIPS 33 71773 N/A N/A GRANT MONITORING PROCESS SCHEDULE I, PART I, LINE 2 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 true false false false false false false false false RICK SINGER PRES/SEC/CEO (THRU 08/24/20) 163800 381000 0 85000 0 0 11200 42119 163800 519319 0 0 JIN THATCHER VP OPERATIONS & ADMINISTRATION 202264 39500 0 8140 0 27383 0 277287 0 0 0 KATHERINE BIHR VP PROGRAMS & EDUCATION 199500 32000 0 8000 0 18492 0 257992 0 0 0 JANINE S KOENEKE VP, DONOR PTRS (THRU 12/31/19) 193800 9000 13688 7800 0 34937 0 259225 0 0 0 MICHELLE S KIM VP STRATEGIC PARTNERSHIPS 169800 22000 0 6840 0 34270 0 232910 0 0 0 STACY STARK VP EVENTS 103683 12400 0 4244 0 35605 0 155932 0 0 0 COMPENSATION FROM RELATED ORGANIZATIONS FORM 990, SCHEDULE J, PART II, LINE 1(II) THE PRESIDENT, SECRETARY AND CEO, RICK SINGER, 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 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. SEVERANCE FORM 990, SCHEDULE J, PART 1, 4A RICK SINGER WAS PROVIDED A PAYMENT OF $8,787. A CALIFORNIA MUNICIPAL FINANCE AUTHORITY 201563466 1309114R8 2013-04-05 10775000 SEE PART VI false true false A 2847992 0 10775000 0 0 0 0 0 0 0 10775000 0 2013 false true true true A false false false false 0 false false false true A false false true false true true BANK OF AMERICA 15. false false false 0 false true A false SCHEDULE K, PART I, 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 3 27863 HIGH/LOW AVG DATE X 1 336 RETAIL VALUE X 1 15000 RETAIL VALUE false false false ORGANIZATION'S SIGNIFICANT ACTIVITIES FORM 990, PART 1, LINE 1 DESIGNED TO BREAK THROUGH A CULTURE OF LOW EXPECTATIONS, THE TIGER WOODS FOUNDATION'S ("TWF") COLLEGE-ACCESS PROGRAMS REACH UNDERSERVED YOUTH IN ALL STAGES OF ACADEMIC-LIFE. TWF HAS A SIMPLE, UNIVERSAL VISION: TO HELP STUDENTS IN NEED THRIVE IN SCHOOL, THEIR COMMUNITIES AND THE WORKING WORLD. DESIGNED TO EQUIP STUDENTS WITH THE ABILITY TO EXCEED ANY AND ALL EXPECTATIONS, TWF'S COLLEGE-ACCESS PROGRAMS REACH UNDERSERVED YOUTH IN ALL STAGES OF ACADEMIC LIFE. THE GROUNDBREAKING TGR LEARNING LAB (AKA TIGER WOODS LEARNING CENTER "TWLC") IN ORANGE COUNTY, CA; WASHINGTON, D.C.; PHILADELPHIA, PA; QUANTICO, VA AND STUART, FL; AND THE EARL WOODS SCHOLARSHIP PROGRAM PROVIDES A WEALTH OF EDUCATIONAL OPPORTUNITIES TO YOUNG PEOPLE NATIONWIDE. TWLC OPERATES SCHOOL FACILITIES THAT MAINTAIN REGULAR FACULTY, CURRICULUM, AND HAVE A REGULARLY ENROLLED STUDENT BODY OF STUDENTS IN ATTENDANCE, WITHIN THE MEANING OF SECTION 170(B)(1)(A)(II) OF THE CODE. PLEASE NOTE: DUE TO THE COVID-19 PANDEMIC, THE TIGER WOODS FOUNDATION SUSPENDED ALL IN-PERSON PROGRAMMING FOR MOST OF 2020. NEW DIGITAL LESSONS, VIRTUAL PROGRAMS AND WORKSHOPS WERE OFFERED TO CONTINUE TO REACH AND SERVE STUDENTS, EDUCATORS AND FAMILIES. SIGNIFICANT CHANGES IN CONDUCTING PROGRAM ACTIVITIES FORM 990, PART III, LINE 3 DUE TO THE COVID-19 PANDEMIC, ALL IN-PERSON PROGRAMMING WAS SUSPENDED BEGINNING IN MARCH 2020. ALTERNATIVE VIRTUAL PROGRAMMING WAS PROVIDED FOR MOST PROGRAMS. PROGRAM SERVICE ACTIVITIES FORM 990, PART III, LINE 4A, SCHOOL DAY CONTINUED OUR AWARD WINNING 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 A SQUID DISSECTION, ANALYZE SAND SAMPLES AND LEARN ABOUT MARINE-LIFE CLASSIFICATIONS. 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 THE STUDENTS IN THEIR OWN CLASSROOMS. OUR SCHOOL DAY PROGRAM OPERATES AT OUR FLAGSHIP LOCATION IN SOUTHERN CALIFORNIA. DUE TO THE COVID-19 PANDEMIC, THE SCHOOL DAY PROGRAMS WENT ON PAUSE IN MARCH 2020, RESULTING IN LOWER NUMBERS OF STUDENTS SERVED IN PERSON. THE FOUNDATION HAS SERVED NEARLY 61,137 STUDENTS THROUGH ITS SCHOOL DAY PROGRAMS, INCLUDING 3,492 THIS YEAR. EXPANDED LEARNING IMPLEMENTING TWO KEY STRATEGIES, THE TGR LEARNING LAB OFFERS EXPANDED LEARNING PROGRAMS TO UNLEASH THE FULL CAPACITY OF UNDERREPRESENTED MIDDLE AND HIGH SCHOOL STUDENTS. FIRST, WE STRIVE TO FOSTER A GROWTH MINDSET WITHIN EVERY STUDENT THAT WALKS THROUGH OUR DOORS. OUR TOP PRIORITY IS TO BUILD STRONG RELATIONSHIPS WITH OUR KIDS, ENCOURAGING THEM TO CHALLENGE THEMSELVES AND BUILD SELF-CONFIDENCE. IT IS OUR PHILOSOPHY THAT THE PATH TO GREATNESS BEGINS WHEN STUDENTS BELIEVE IN THEIR OWN ABILITY TO SUCCEED. SECOND, WE CONNECT SCHOOL AND CAREER, PREPARING STUDENTS FOR TODAY'S JOBS AND THE ONES THAT DON'T EXIST YET. WITH OVER 50 AREAS OF STUDY WITHIN STEM-RELATED FIELDS, OUR CLASSES OFFER STUDENTS HANDS-ON LEARNING EXPERIENCES, ALLOWING THEM TO RECOGNIZE THEIR POTENTIAL AND IDENTIFY THEIR INTERESTS WITH A FUTURE CAREER IN MIND. UTILIZING STATE-OF-THE-ART TECHNOLOGY AND PROJECT-BASED LEARNING, STUDENTS TAKE CLASSES IN A VARIETY OF DISCIPLINES, INCLUDING: VIDEO GAME DESIGN, CODING, ROCKETRY, ROBOTICS, CIVIL ENGINEERING, URBAN PLANNING AND WEARABLE ELECTRONICS. TO HELP STUDENTS GAIN INFORMATION ON POST-SECONDARY EDUCATIONAL OPTIONS, WE PROVIDE OVER 30 COLLEGE-ACCESS AND FINANCIAL AID WORKSHOPS ANNUALLY. BY OFFERING STUDENTS EXPERIENCES THAT FAR SURPASS WHAT IS OFFERED IN A TRADITIONAL CLASSROOM SETTING, WE STRIVE TO PROVIDE THEM WITH TOOLS FOR SUCCESS WHILE CULTIVATING THEIR ASPIRATIONS FOR HIGHER EDUCATION AND A CAREER. OUR EXPANDED LEARNING OPPORTUNITIES SPAN ACROSS THE NATION, WITH SATELLITE PROGRAMS IN WASHINGTON, D.C., SOUTH FLORIDA, PHILADELPHIA, MCB QUANTICO AND OUR FLAGSHIP LOCATION IN SOUTHERN CALIFORNIA. DUE TO THE COVID-19 PANDEMIC, THE EXPANDED LEARNING PROGRAMS WENT ON PAUSE IN MARCH 2020, RESULTING IN LOWER NUMBERS OF STUDENTS SERVED IN PERSON. INSTEAD, THE FOUNDATION FOCUSED ITS EFFORTS ON CREATING AT-HOME DIGITAL RESOURCES FOR STUDENTS, EDUCATORS AND FAMILIES. THE FOUNDATION HAS SERVED NEARLY 28,285 STUDENTS THROUGH ITS EXPANDED LEARNING PROGRAMS, INCLUDING 315 THIS YEAR. COLLEGE ACCESS OUR COLLEGE-ACCESS PROGRAM PROVIDES WORKSHOPS, GROUP SESSIONS AND PRESENTATIONS ON TOPICS RANGING FROM WRITING A PERSONAL STATEMENT AND MAKING A COLLEGE LIST TO UNDERSTANDING FINANCIAL AID AND FINDING SCHOLARSHIPS, DESIGNED TO HELP ALL STUDENTS, ESPECIALLY LOW-INCOME AND FIRST-GENERATION STUDENTS, PLAN A ROADMAP TO COLLEGE. OUR COLLEGE RECRUITMENT EVENTS BRING DOZENS OF COLLEGES AND UNIVERSITIES TO THE TGR LEARNING LAB, ALLOWING STUDENTS TO MEET FACE-TO-FACE WITH REPRESENTATIVES. OUR COLLEGE-ACCESS PROGRAM ALSO PROVIDES ENGAGEMENT WITH PARENTS TO TEACH THEM HOW TO ADVOCATE FOR THEIR CHILD'S EDUCATIONAL SUCCESS, SCHOLARSHIPS WHICH ALLOW TGR LEARNING LAB STUDENTS TO EXPERIENCE REAL UNIVERSITY LIFE FOR A PORTION OF THEIR SUMMER AND ACT AND SAT PREPARATION COURSES. REACHING STUDENTS AND FAMILIES ACROSS THE NATION, OUR COLLEGE-ACCESS PROGRAMMING CAN BE FOUND IN COMMUNITIES WITHIN WASHINGTON, D.C., SOUTH FLORIDA, MCB QUANTICO AND SOUTHERN CALIFORNIA. DUE TO THE COVID-19 PANDEMIC, THE FOUNDATION OFFERED VIRTUAL COLLEGE-ACCESS WORKSHOPS TO STUDENTS ACROSS THE UNITED STATES AS WELL AS INTERNATIONALLY. THE FOUNDATION HAS SERVED NEARLY 18,222 STUDENTS AND FAMILIES THROUGH ITS COLLEGE ACCESS PROGRAMS, INCLUDING 2,553 THIS YEAR. SUMMER WE BELIEVE THAT STUDENTS CAN AND SHOULD LEARN EVERYDAY - SUMMER IS NO EXCEPTION. WITHOUT THE STRUCTURE OF THE SCHOOL DAY, IT'S EASY FOR KIDS TO LOSE MOTIVATION AND MOMENTUM. THIS IS WHY THE TGR LEARNING LAB CONTINUES TO OFFER INTERACTIVE, CAREER-FOCUSED EXPERIENCES WITHIN STEM FIELDS DURING THOSE CRITICAL SUMMER MONTHS. OUR SUMMER PROGRAMS OPERATED AT OUR FLAGSHIP LOCATION IN SOUTHERN CALIFORNIA ARE OPEN TO STUDENTS THROUGHOUT SOUTHERN CALIFORNIA. DURING SELECTED WEEKS WE OFFER CLASSES FROM 9 A.M.-12 P.M. FOR RISING 5TH AND 6TH GRADE STUDENTS AND 1-4 P.M. FOR RISING 7TH THROUGH 12TH GRADE STUDENTS. SUMMER CLASSES RUN MONDAY THROUGH FRIDAY. DUE TO THE COVID-19 PANDEMIC, SUMMER COURSES WERE OFFERED VIRTUALLY TO STUDENTS. THE FOUNDATION HAS SERVED NEARLY 17,200 STUDENTS THROUGH ITS SUMMER PROGRAMS, INCLUDING 206 THIS YEAR. GOLF THE GOLF PROGRAM AT THE TGR LEARNING LAB IS DESIGNED TO PROMOTE GOLF TO UNDERREPRESENTED YOUTH, PROVIDE GOLF-COURSE ACCESS AND EXPOSE KIDS 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. WORKING WITH TOP-NOTCH INSTRUCTORS, STUDENTS BUILD SELF-CONFIDENCE WHILE LEARNING THE GAME IN A SAFE, SUPPORTIVE ENVIRONMENT. GOLF PROGRAMS ARE OFFERED YEAR-ROUND FOR STUDENTS OF ALL SKILL LEVELS. ADDITIONALLY, OUR PLAYER DEVELOPMENT PROGRAM BUILDS HONESTY, INTEGRITY AND SPORTSMANSHIP WHILE HONING GOLF KNOWLEDGE AND SKILLS. WE TAKE STUDENT GOLFERS THROUGH THREE LEVELS OF THE PROGRAM: LEVEL 1-TOUR CLASS, LEVEL 2-PLAYERS CLASS, AND LEVEL 3-MASTERS CLASS. EACH LEVEL CONTAINS PROGRESSIVE MILESTONES FOR STUDENTS TO REACH. DUE TO THE COVID-19 PANDEMIC, THE GOLF PROGRAM WAS PAUSED IN MID-MARCH 2020. THE YEARLY NUMBER THAT FOLLOWS IS REFLECTIVE OF THE STUDENTS THAT PARTICIPATED IN THE GOLF PROGRAM PRIOR TO THE PANDEMIC DURING THE REQUESTED REPORTING PERIOD. THE FOUNDATION HAS SERVED NEARLY 53,841 STUDENTS THROUGH ITS GOLF PROGRAMS, INCLUDING 277 THIS YEAR. TGR EDU: EXPLORE BASED ON TIGER'S VISION TO CHANGE THE LIVES OF MILLIONS OF STUDENTS WORLDWIDE, WE PARTNERED WITH DISCOVERY EDUCATION TO DEVELOP TGR EDU: EXPLORE. DRIVEN BY OUR BELIEF IN THE TRANSFORMATIVE POWER OF EDUCATION, WE SCALED, DIGITIZED AND PROVIDED GREATER ACCESS TO OUR STEM CURRICULA AND COLLEGE-ACCESS PROGRAMS IN AN EFFORT TO BRING QUALITY EDUCATIONAL RESOURCES TO STUDENTS AND EDUCATORS. THIS ONLINE PLATFORM PROVIDES STUDENTS AND EDUCATORS FREE ACCESS TO OUR AWARD-WINNING STEM CURRICULA, COLLEGE-ACCESS PROGRAMS AND CAREER DEVELOPMENT. DUE TO THE COVID-19 PANDEMIC, TGR EDU:EXPLORE SAW AN INCREASE IN VISITORS AS A RESULT OF THE INCREASED DEMAND FOR DIGITAL LEARNING RESOURCES. THE FOUNDATION HAS SERVED NEARLY 1,700,000 STUDENTS THROUGH ITS EXPLORE PROGRAM, INCLUDING 700,211 THIS YEAR. TGR EDU: CREATE FULFILLING TIGER'S VISION TO REACH MORE STUDENTS THROUGHOUT THE WORLD, TGR EDU: CREATE IS A PROGRAM AIMED AT PROVIDING PROFESSIONAL DEVELOPMENT AND RESOURCES FOR EDUCATORS INVOLVED WITH THE VITAL SUBJECT OF STEM EDUCATION AND COLLEGE ACCESS. TGR EDU: CREATE HAS REACHED THOUSANDS OF EDUCATORS BOTH NATIONALLY AND INTERNATIONALLY THROUGH UNIQUE PROFESSIONAL DEVELOPMENT OPPORTUNITIES IN STEM EDUCATION AND COLLEGE ACCESS. 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 ONE-WEEK IMMERSION TO ONE-DAY WORKSHOPS AND SEMINARS. TGR EDU: CREATE TRAINS 200 HIGH SCHOOL COUNSELORS BIENNIALLY. 94% OF EDUCATORS WHO PARTICIPATED IN OUR PROFESSIONAL DEVELOPMENT PROGRAM, STEM STUDIO, REPORTED INCREASED CONFIDENCE IN DELIVERING POWERFUL STEM ACTIVITIES TO STUDENTS. DUE TO THE COVID-19 PANDEMIC, THE FOUNDATION SHIFTED ALL EDUCATOR PROFESSIONAL DEVELOPMENT PROGRAMS TO A DIGITAL FORMAT, OFFERING BOTH WEEK-LONG AND ONE DAY VIRTUAL WORKSHOPS TO EDUCATORS BOTH NATIONALLY AND INTERNATIONALLY. THE FOUNDATION HAS SERVED NEARLY 7,895 EDUCATORS THROUGH ITS TGR EDU: CREATE PROGRAMS, INCLUDING 1,828 THIS YEAR. FORM 990, PART III, LINE 4C, CONTINUED 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 IN ANAHEIM, CALIFORNIA. 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. ALONG WITH WORKSHOPS, THIS PARTICULAR EVENT HONORS OUR GRADUATING SCHOLARS WITH A SPECIAL LUNCHEON TO CELEBRATE THEIR ACCOMPLISHMENTS WITH FAMILY, MENTORS AND FELLOW SCHOLARS. THE CORNERSTONE OF THE EARL WOODS SCHOLAR PROGRAM IS ITS MENTOR NETWORK. THESE VALUABLE RELATIONSHIPS ARE LIFE-CHANGING FOR THE SCHOLARS, MANY OF WHOM ARE FIRST-GENERATION STUDENTS WITH LITTLE OR NO PRACTICAL GUIDANCE ON COLLEGE LIFE AND CAREER 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. THE MENTORS PROVIDE THEIR SCHOLAR WITH ADVICE AND RESOURCES NEEDED TO HELP THEM SUCCEED WITHIN THEIR CHOSEN DEGREE AND DEVELOP SKILLS NECESSARY FOR THEIR PROFESSIONAL CAREER. AN EMPHASIS ON REAL-LIFE WORK AND CULTURAL EXPERIENCES ARE 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, FELLOWSHIPS AND STUDY ABROAD, THE PROGRAM PROVIDES VALUABLE RESOURCES AND INFORMATION THAT ASSISTS SCHOLARS IN BUILDING THEIR RESUME 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. THIS IS A CRUCIAL COMPONENT OF THE PROGRAM THAT HELPS EACH SCHOLAR NAVIGATE ENTRY INTO THE WORKFORCE OR GRADUATE SCHOOL. SCHOLARS ARE AWARDED A FOUR-YEAR RENEWABLE SCHOLARSHIP WITH EDUCATIONAL RESOURCES SUMMING UP TO A TOTAL OF $25,000. THE FOUNDATION HAS PROVIDED SCHOLARSHIPS TO OVER 241 INDIVIDUALS, INCLUDING 111 IN THE CURRENT YEAR. MEMBERS OF THE ORGANIZATION FORM 990, PART VI, LINE 7A 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. PROCESS FOR REVIEW OF FORM 990 FORM 990, PART VI, LINE 11 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. CONFLICT OF INTEREST POLICY FORM 990, PART VI, LINE 12C 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 THAT CANNOT BE RESOLVED IS REFERRED TO THE EXECUTIVE COMMITTEE; AND (6) THE TRANSACTION OR ACTION MUST BE APPROVED BY A MAJORITY OF DISINTERESTED PERSONS. OFFICER COMPENSATION DETERMINATION FORM 990, PART VI, LINE 15A 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 THE CEO. THE COMPENSATION COMMITTEE DEVELOPS, CONSISTENT WITH THE FOUNDATION'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 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 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. OTHER OFFICER COMPENSATION DETERMINATION POLICY 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. DOCUMENTS AVAILABLE TO THE PUBLIC FORM 990, PART VI, LINE 19 WHILE FEDERAL TAX LAWS DO NOT MANDATE THAT THE FOUNDATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS BE MADE AVAILABLE FOR PUBLIC INSPECTION, THE FOUNDATION MAKES ITS AUDITED FINANCIAL STATEMENTS THAT WERE PREPARED IN ACCORDANCE WITH GENERALLY ACCEPTED ACCOUNTING PRINCIPLES (GAAP) AVAILABLE UPON REQUEST. RECONCILIATION OF NET ASSETS FORM 990, PART XI, LINE 9 UNREALIZED LOSS ON INTEREST RATE SWAP ($189,393) TIGER WOODS LEARNINGS CENTER DC CAMPUSES 121 INNOVATION DR SUITE 150 IRVINE CA 92617 453467705 EDUCATION DC 4730664 TWF TIGER WOODS CHARITY EVENT CORPORATION 121 INNOVATION DR SUITE 150 IRVINE CA 92617 061554474 FUNDRAISING CA 501(C)(3) 12b TWF true NONE NONE false false true false false false false false false false false false false true true true true false false TIGER WOODS CHARITY EVENT CORPORATION C 4635000 GRANTS