2025-10-10T11:08:48-05:00 2024-12-31 991856619 GRANT THORNTON ADVISORS LLC 757 THIRD AVENUE 9TH FLOOR NEW YORK NY 100172013 990 2024-01-01 131427105 UNITED STATES GOLF ASSOCIATION UNIT 9082342300 77 LIBERTY CORNER ROAD LIBERTY CORNER NJ 07938 SUSAN PIKITCH CFO 9082342300 2025-10-07 1 0 DANIEL ROMANO P00504182 2125990100 2024 2025-03-06 01:10:19Z USGA MICHAEL WHAN 77 LIBERTY CORNER ROAD LIBERTY CORNER NJ 07938 862299008 0 X WWW.USGA.ORG X 1894 DE SEE SCHEDULE O 15 15 588 7300 3443006 1044402 55383725 62607775 172490310 164732708 -27995474 49854280 11751483 19394655 211630044 296589418 8064438 8818845 0 0 64505158 74516501 116550 134350 134350 217573366 220784181 290259512 304253877 -78629468 -7664459 822759640 806058075 170113036 156231720 652646604 649826355 X THE UNITED STATES GOLF ASSOCIATION CHAMPIONS AND ADVANCES THE GAME OF GOLF. IT SERVES MILLIONS OF GOLFERS AND THOUSANDS OF GOLF COURSES BOTH WITHIN THE UNITED STATES AND AROUND THE WORLD THROUGH PROGRAMS AND SERVICES THAT PROMOTE A THRIVING, WELCOMING AND SUSTAINABLE GAME. 0 0 202127509 16578 153170768 SHOWCASESEE SCHEDULE OSHOWCASE:THE USGA CONDUCTS 15 NATIONAL CHAMPIONSHIPS THAT CELEBRATE ATHLETICISM AT THE HIGHEST LEVEL OF THE GAME FOR BOTH PROFESSIONAL AND AMATEUR PLAYERS AND INSPIRES GOLFERS WORLDWIDE TO PLAY AND ENJOY THE GAME. IT CONDUCTS THE U.S. OPEN, U.S. WOMEN'S OPEN PRESENTED BY ALLY, U.S. SENIOR OPEN, U.S. SENIOR WOMEN'S OPEN CHAMPIONSHIP AND THE U.S. ADAPTIVE OPEN, WHICH ARE OPEN TO PROFESSIONAL AND AMATEUR GOLFERS AROUND THE WORLD. THE USGA ALSO ANNUALLY CONDUCTS 10 NATIONAL AMATEUR CHAMPIONSHIPS AND CONDUCTS AND SUPPORTS SEVERAL INTERNATIONAL COMPETITIONS. THE USGA PROMOTES THE GAME AT ITS HIGHEST LEVEL THROUGH A VARIETY OF DIFFERENT MEANS INCLUDING NATIONAL AND INTERNATIONAL TELEVISION AND RADIO BROADCASTS, AND DIGITAL AND SOCIAL MEDIA PLATFORMS. ADDITIONALLY, THE USGA SUPPORTS TEAMS FOR SEVERAL INTERNATIONAL AMATEUR GOLF CHAMPIONSHIPS, PROVIDING OPPORTUNITIES FOR ATHLETES TO COMPETE IN GLOBAL EVENTS.THE USGA ALSO MAINTAINS THE WORLD'S LARGEST GOLF MUSEUM AND LIBRARY DEDICATED TO THE GAME'S HISTORY AND SERVES AS A STEWARD OF EXTENSIVE HISTORICAL COLLECTIONS, INCLUSIVE OF PRESERVATION AND ACQUISITION OF HISTORIC ARTIFACTS, A RESEARCH CENTER, PHYSICAL AND ONLINE LIBRARY AND EDUCATIONAL PROGRAMS. THESE MUSEUMS - LOCATED IN BOTH NEW JERSEY AND NORTH CAROLINA - ARE OPEN TO THE PUBLIC. WE ALSO MANAGE THE WORLD GOLF HALL OF FAME ON OUR PINEHURST, N.C., CAMPUS ON BEHALF OF THE GAME. 26587291 8507518 6321138 ADVANCESEE SCHEDULE OADVANCE:WE ADVANCE THE GAME TO ENABLE A FUTURE THAT IS EVEN BETTER THAN IT IS TODAY. THIS MEANS ENSURING THAT ALL GOLFERS HAVE ACCESS AND FEEL WELCOME. THIS STARTS WITH JUNIORS AND CONTINUES THROUGH A GOLFER'S LIFETIME JOURNEY IN THE GAME. WE'RE PASSIONATELY PURSUING BETTER ON-COURSE PLAYING CONDITIONS THROUGH OUR EXPERT AGRONOMY TEAM, THE USGA GREEN SECTION, WHILE ADVANCING RESEARCH AND SCIENCE TO ENSURE GOLF COURSES ARE ENVIRONMENTALLY AND ECONOMICALLY SUSTAINABLE. THE USGA GREEN SECTION OFFERS PRODUCTS AND SERVICES THAT ADVANCE GOLF FACILITIES, INCLUDING THE DEVELOPMENT OF MEASUREMENT AND DECISION-MAKING TOOLS. COURSE CONSULTING SERVICES OFFERED TO GOLF COURSES PROVIDE EXPERTISE TO FACILITIES THROUGH PROVEN SCIENCE-BACKED AND DATA-DRIVEN BEST PRACTICES. THE GREEN SECTION ALSO PROVIDES EDUCATIONAL RESOURCES THROUGH THE GREEN SECTION RECORD, SPEAKING ENGAGEMENTS, AND CONFERENCES. THE GREEN SECTION ALSO MANAGES THE MIKE DAVIS PROGRAM FOR ADVANCING GOLF COURSE MANAGEMENT, PROVIDING GRANTS ANNUALLY TO UNIVERSITIES AND RESEARCHERS THAT ADVANCE TURFGRASS SCIENCE, REDUCE RESOURCE CONSUMPTION AND FOSTER INNOVATION RELATED TO GOLF COURSE MAINTENANCE. THE USGA DELIVERS ON ITS MISSION TO CHAMPION AND ADVANCE THE GAME THROUGH VARIOUS EFFORTS TO FOSTER A WELCOMING GAME FOR ALL. SEVERAL PROGRAMS AND INVESTMENTS HAVE FUELED THIS WORK - FROM JUNIOR GOLF PROGRAMS TO CAREER PROGRAMS, EDUCATION AND DEVELOPMENT OF EMPLOYEE RESOURCE GROUPS. THE USGA'S PJ BOATWRIGHT PROGRAM HAS OPENED MORE THAN 180 PAID INTERNSHIPS IN THE GAME OF GOLF ANNUALLY, PROVIDING IN-DEPTH WORK EXPERIENCES, AND HAVE INITIATED GRANTS PROGRAMS FOR FIRST TEE AND LPGA/USGA GIRLS GOLF LOCAL CHAPTER GRANTS. THE USGA CONDUCTS A 10-DAY IMMERSIVE PATHWAYS INTERNSHIP EXPERIENCE DURING U.S. OPEN WEEK TO PROVIDE COLLEGIATE AND GRADUATE STUDENTS AN OPPORTUNITY TO EXPLORE THE MANY CAREER PATHWAYS AVAILABLE IN GOLF. THE USGA IS ALSO ONE OF THE PRIMARY FUNDING SOURCES FOR MAKE GOLF YOUR THING, A COLLABORATIVE PROGRAM AMONG GOLF'S LEADING ORGANIZATIONS TO OPEN MORE WAYS FOR BUSINESS, CAREER AND PLAYING OPPORTUNITIES IN GOLF. THE WORLD HANDICAP SYSTEM, GOVERNED BY THE USGA IN THE U.S., LIKEWISE DELIVERS TOOLS AND TECHNOLOGY TO HELP GOLFERS OF ANY ABILITY TO PLAY ON AN EQUITABLE BASIS WITH EACH OTHER AND TRACK PROGRESS. CHAMPIONSHIP QUALIFIERS AND GLOBAL COMPETITIONS HAVE ALSO BEEN FUNDED BY THE USGA IN COMMUNITIES THROUGHOUT LATIN AMERICA, CENTRAL AMERICA, MEXICO AND ASIAN COMMUNITIES TO INSPIRE MORE PEOPLE TO PLAY. RULES EDUCATION AND TRAINING HAS BEEN TRANSLATED INTO MULTIPLE LANGUAGES.EACH YEAR, THE USGA INVESTS IN A VARIETY OF PROGRAMS AND SERVICES THAT BENEFIT ALL GOLFERS TO BOTH WELCOME AND GROW THE GAME. THE USGA SUPPORTS GRASSROOTS GOLF PROGRAMS FOR JUNIORS, INCLUDING FIRST TEE, LPGA*USGA GIRLS GOLF AND DRIVE CHIP & PUTT, WHICH TOGETHER PROVIDE ACCESS TO THE GAME FOR HUNDREDS OF THOUSANDS OF JUNIORS ANNUALLY. 15316786 141417 13152196 UNIFYSEE SCHEDULE OUNIFY: GHIN & REGIONAL AFFAIRSTHE USGA PROVIDES SERVICES AND OPPORTUNITIES TO MORE DEEPLY ENGAGE GOLFERS IN THE GAME. IT MAINTAINS A ROBUST TECHNOLOGY PLATFORM THAT CALCULATES A HANDICAP INDEX FOR ANY GOLFER IN THE UNITED STATES WHO WISHES TO MEASURE THEIR GOLF ABILITY OR PLAY A FAIR GAME THROUGH A GOLF ASSOCIATION OR CLUB. MILLIONS OF GOLFERS, AS WELL AS GOLF ADMINISTRATORS, SOME INTERNATIONAL GOLFERS IF THEIR FEDERATION IS A CUSTOMER OF THIS USGA SERVICE AND THOSE WHO CONDUCT EVENTS, USE THIS SYSTEM DAILY TO CONNECT WITH THE GOLF COMMUNITY. THIS PLATFORM DELIVERS SERVICES THROUGH TOOLS SUCH AS APPLICATIONS AND ONLINE PROGRAMS TO PROMOTE ACCESSIBILITY AND WELCOME MORE PEOPLE TO GOLF REGARDLESS OF ABILITY. THROUGH ITS GOLF HANDICAP AND INFORMATION NETWORK (GHIN), GOLF ASSOCIATIONS DOMESTICALLY AND INTERNATIONALLY DELIVER A RELIABLE HANDICAP INDEX TO MILLIONS OF GOLFERS. 6131573 153332 4604693 GOVERN: RULES, EQUIPMENT STANDARD, WAGRWE GOVERN WITH A FOCUS ON THE BEST INTERESTS OF THE GAME LONG-TERM, WITHOUT BIAS, PROVIDING A STRONG FRAMEWORK ON WHICH THE GAME CAN BE PLAYED BY ALL. WE GOVERN THE GAME THROUGH A CLEARLY DEFINED SET OF PLAYING, AMATEUR STATUS, HANDICAPPING AND EQUIPMENT RULES TO PROMOTE AND ENSURE FAIR PLAY. TRANSPARENCY, INCLUSION AND EDUCATION ARE IMPORTANT TENETS OF OUR GOVERNANCE ROLE. THE USGA'S ROLE AS A GOVERNING BODY IS SHARED GLOBALLY WITH THE R&A, AND INCLUDES WRITING AND INTERPRETING THESE RULES, AS WELL AS PROVIDING EDUCATION ASSETS FOR GOLFERS, GOLF ADMINISTRATORS AND GOLF FEDERATIONS. INCLUDED IN THIS FUNCTION IS DELIVERY OF BOTH PRINTED AND DIGITAL LEARNING TOOLS, SEMINARS, AND THE TRAINING OF THOUSANDS OF RULES OFFICIALS THROUGH A SINGULAR TESTING PROCESS. THE USGA MAINTAINS ONE OF TWO GOLF EQUIPMENT TESTING FACILITIES IN THE WORLD TO ENSURE GLOBAL CONFORMANCE AND PROMOTE A FAIR AND EQUITABLE GAME FOR ALL. IN ITS GOVERNANCE ROLE, THE USGA ALSO CONDUCTS RESEARCH AND APPLIES SCIENCE TO ENSURE THE INTEGRITY OF THE SPORT WHILE PROMOTING INNOVATION.OTHER SERVICES THE USGA ENGAGES WITH MEMBERS WHOSE FINANCIAL SUPPORT HELPS FUEL MANY OF ITS PROGRAMS, AND OFFER BENEFITS TO THEM INCLUDING EDUCATION OPPORTUNITIES, GOLF EVENT ACCESS, AND OTHERS. THROUGH ITS 57 ALLIED GOLF ASSOCIATIONS IN EVERY U.S. STATE AND PUERTO RICO, THE USGA ALSO HAS A NETWORK THAT PROVIDES SERVICES LOCALLY TO EVERY GOLF COMMUNITY IN AMERICA. THIS NETWORK DELIVERS KEY USGA SERVICES SUCH AS THE ADMINISTRATION OF GOLF HANDICAPPING, RULES EDUCATION, EVENT DEVELOPMENT AND PROGRAMS THAT WELCOME GOLFERS TO PLAY. USGA REGIONAL AFFAIRS OFFICES SUPPORT THESE NETWORKS WHILE ENGAGING VOLUNTEERS TO SERVE THE GAME. 6131573 153332 4604693 250163159 1 1 0 0 0 0 0 1 0 1 1 0 0 0 1 1 0 1 0 0 1 1 0 1 0 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 0 1 X 667 0 1 588 1 1 1 1 VI CJ 0 0 0 1 1 0 0 0 0 1 0 X 15 15 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 AL AK AZ AR CA CO CT DE DC FL GA HI ID IL IA KS KY LA ME MD MA MI MN NE NV NH NJ NM NY NC ND OH OK OR PA PR RI SC SD TN TX UT VT VA WA WV WI WY IN X X X JOHN DESMOND 9082342300 77 LIBERTY CORNER ROAD LIBERTY CORNER NJ 07938 FRED PERPALL PRESIDENT 10.00 0.00 X X 0 0 0 ANTHONY K ANDERSON EXECUTIVE COMMITTEE 10.00 1.00 X 0 0 0 ANDREW BIGGADIKE EXECUTIVE COMMITTEE (AS OF 03/24) 10.00 0.00 X 0 0 0 CHUCK BRYMER EXECUTIVE COMMITTEE (THRU 02/24) 10.00 0.00 X 0 0 0 DAVID DORTON EXECUTIVE COMMITTEE (AS OF 03/24) 10.00 0.00 X 0 0 0 VIRGINIA DROSOS EXECUTIVE COMMITTEE (AS OF 03/24) 10.00 0.00 X 0 0 0 SINCLAIR EDDY EXECUTIVE COMMITTEE 10.00 0.00 X 0 0 0 CATHY ENGELBERT EXECUTIVE COMMITTEE 10.00 0.00 X 0 0 0 KENDRA GRAHAM EXECUTIVE COMMITTEE (THRU 02/24) 10.00 0.00 X 0 0 0 KEVIN HAMMER EXECUTIVE COMMITTEE 10.00 0.00 X 0 0 0 LESLIE HENRY EXECUTIVE COMMITTEE 10.00 0.00 X 0 0 0 DAVID LEITCH EXECUTIVE COMMITTEE (AS OF 03/24) 10.00 0.00 X 0 0 0 BRYAN LEWIS EXECUTIVE COMMITTEE 10.00 0.00 X 0 0 0 DEBORAH PLATT MAJORAS EXECUTIVE COMMITTEE 10.00 0.00 X 0 0 0 MICHAEL MCCARTHY EXECUTIVE COMMITTEE 10.00 1.00 X 0 0 0 COURTNEY MYHRUM EXECUTIVE COMMITTEE 10.00 0.00 X 0 0 0 ANDY NORTH EXECUTIVE COMMITTEE (AS OF 03/24) 10.00 0.00 X 0 0 0 ANTHONY PETITTI EXECUTIVE COMMITTEE (THRU 02/24) 10.00 0.00 X 0 0 0 SHARON RITCHEY EXECUTIVE COMMITTEE (THRU 02/24) 10.00 0.00 X 0 0 0 MIKE WHAN CEO 60.00 1.00 X 2898388 0 150059 SUSAN PIKITCH CHIEF FINANCIAL OFFICER 60.00 1.00 X 838917 0 67826 CHRISTOPHER FRASER SECRETARY AND CLO 60.00 1.00 X 784461 0 60710 JOHN BODENHAMER CHIEF CHAMPIONSHIPS OFFICER 60.00 0.00 X 941217 0 71478 JON PODANY CHIEF COMMERCIAL OFFICER 60.00 0.00 X 805242 0 78741 THOMAS PAGEL CHIEF GOVERNANCE OFFICER 60.00 0.00 X 670637 0 63342 EMILY PALMER CHIEF MBER SERVICES OFFICER 60.00 0.00 X 616405 0 47923 REGINALD JONES JR MD, US OPEN 50.00 0.00 X 519046 0 54409 JAMES HILL MD, CHAMPIONSHIPS 60.00 0.00 X 440201 0 68975 CHAEMIN LEE MD, HUMAN RESOURCES 60.00 0.00 X 446156 0 54823 MARY LOPUSZYNSKI MD, MERCHANDISE 50.00 0.00 X 456495 0 28018 DENNIS BAGGETT MD, OPEN CHAMPIONSHIPS 60.00 0.00 X 424318 0 49530 9841483 0 795834 188 0 1 0 GILBANE BUILDING COMPANY 7 JACKSON WALKWAY PROVIDENCE RI 02903 GOLFHOUSE PINEHURST CONSTRUCTION 8343086 GOLF GENIUS SOFTWARE LLC PO BOX 425 EXTON PA 19341 IT SOFTWARE 7269053 ARENA AMERICAS PO BOX 776368 CHICAGO IL 606776368 EVENT SERVICES 6745496 NEXT LEAGUE LLC 1359 BROADWAY SUITE 301 NEW YORK NY 10018 CHAMPIONSHIP DIGITAL PRODUCT DEVELOPER 3869396 MSG PROMOTIONS INC 1120 SOUTH CEDAR CREST BLVD SUITE ALLENTOWN PA 18103 HOSPITALITY SERVICES 3667439 194 10225732 10830960 41551083 1116624 62607775 SHOWCASE 711300 140654681 138728393 1926288 UNIFY 711300 13152196 13152196 ADVANCE 711300 6321138 6321138 OTHER SERVICES 900099 2559508 2559508 GOVERNANCE 711300 2045185 2045185 164732708 16476121 123552 16352569 3570147 11033 3559114 585044297 551666138 33378159 33378159 33378159 29867960 14043452 15824508 14442375 1382133 296589418 177248795 3443006 53289842 X 8155670 8155670 619675 619675 43500 43500 8095345 5606321 2489024 57374677 38423872 18950805 4747222 3323055 1424167 658053 632901 25152 3641204 2689224 951980 2548824 31511 2517313 333110 333110 134350 134350 1031865 1031865 26102493 17986052 8116441 9193787 9193787 7086208 6426193 660015 16860165 13197186 3662979 1559209 450382 1108827 9439863 8040476 1399387 3467694 1359672 2108022 931124 931124 6647561 2064435 4583126 3985756 1284259 2701497 CHAMPIONSHIP EXPENSES 89463794 89431871 31923 PRIZES AND AWARDS 38500000 38500000 OTHER EXPENSES 3632728 2703117 929611 304253877 250163159 53956368 134350 15322063 15263374 4991888 1217105 6787174 10162506 1333825 1479025 13876463 12361966 190626627 65559668 111112895 125066959 644242224 603732249 4285650 3853948 20807458 32920943 822759640 806058075 29185612 20388182 60928638 62091072 42012988 40610778 37985798 33141688 170113036 156231720 X 652646604 649826355 652646604 649826355 822759640 806058075 X -7664459 7665053 3263037 -6083880 X 0 1 X 1 0 X 29609566 36301587 46136345 55383725 62607775 230038998 29609566 36301587 46136345 55383725 62607775 230038998 76259413 153779585 10544433 19015845 17187850 17415258 20046268 84209654 446757 1219132 1101569 1161447 3928905 318177557 1109901361 0.48330 0.45370 X SCHEDULE A, PART II: TO BEST REFLECT ITS SOURCES OF SUPPORT DURING TAX YEAR 2024, UNITED STATES GOLF ASSOCIATION ("THE USGA") REPORTED THE PUBLIC SUPPORT TEST CALCULATION UNDER SCHEDULE A, PART II, AS AN ORGANIZATION DESCRIBED IN SECTIONS 170(B)(1)(A)(IV) AND 170(B)(1)(A)(VI). RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X X 0 12957128 6138121 1673154 20768403 4686932 7220867 1049329 12957128 956341 4095000 -364409 4686932 402037 431354 122950 956341 402037 402037 1.00000 0.00000 0.00000 0 1 1 16882227 16882227 142587656 48974795 93612861 10136 10136 0 15387428 12782936 2604492 15759180 3791801 11967379 125066959 DUE TO AFFILIATE 16907430 ACCRUED - 457(B) - DEFERRED COMP 4397450 ACCRUED PENSION -1182286 ACCRUED - RETIREE BENEFITS 13019094 33141688 X PART III, LINE 1A: THE USGA GOLF MUSEUM AND LIBRARY COLLECTION INCLUDES GRAPHICS, PAINTINGS, BOOKS, AND GOLF ARTIFACTS AND MEMORABILIA. THE COLLECTION IS HELD FOR PUBLIC EXHIBITION, EDUCATION, AND RESEARCH. NO VALUE IS ASSIGNED TO THE COLLECTION IN THE ACCOMPANYING CONSOLIDATED STATEMENTS OF FINANCIAL POSITION. PART III, LINE 4: THE USGA GOLF MUSEUM AND LIBRARY MAINTAINS THE WORLD'S LARGEST AND MOST COMPLETE COLLECTION OF GOLF HISTORY. BY COLLECTING, PRESERVING AND INTERPRETING THE HISTORICAL DEVELOPMENTS OF THE GAME IN THE UNITED STATES, WITH AN EMPHASIS ON THE USGA AND ITS CHAMPIONSHIPS, THE MUSEUM PROMOTES A GREATER UNDERSTANDING OF GOLF'S CULTURAL SIGNIFICANCE FOR A WORLDWIDE AUDIENCE. THE MUSEUM SPONSORS A RICH ARRAY OF PROGRAMS DESIGNED TO EDUCATE AND INSPIRE THE PUBLIC ABOUT THE HISTORY OF GOLF AND THE USGA'S ROLE IN THE GAME'S DEVELOPMENT. THE MUSEUM OFFERS A WIDE VARIETY OF PROGRAMMING TO SUIT AUDIENCES OF ALL AGES. ARTIFACTS FROM THE COLLECTION TRAVEL ACROSS THE COUNTRY, AS WELL AS INTERNATIONALLY, TO USGA CHAMPIONSHIP SITES, MEMBER CLUBS, AND NATIONAL AND LOCAL MUSEUMS AND LIBRARIES. A COMPREHENSIVE ONLINE PORTAL ENABLES PHOTOS, VIDEOS AND OTHER HISTORICAL CONTENT TO BE SHARED WITH A WORLDWIDE AUDIENCE AND USED FOR EDUCATIONAL PURPOSES. MUSEUMS ARE OPEN TO THE PUBLIC AND ARE LOCATED ON BOTH ITS NEW JERSEY AND NORTH CAROLINA CAMPUSES. PART V, LINE 4: ENDOWMENT FUNDS THE INTENDED USE OF THE ORGANIZATION'S ENDOWMENT FUNDS IS TO DEVELOP, SUPPORT AND EXTEND THE PROGRAMS AND ACTIVITIES OF UNITED STATES GOLF ASSOCIATION. PART X, LINE 2: USGA HAS BEEN RECOGNIZED AS A PUBLIC CHARITY GENERALLY EXEMPT FROM FEDERAL INCOME TAXATION UNDER PROVISIONS OF SECTION 501(A) AS DESCRIBED IN SECTION 501(C)(3) OF THE CODE OF 1986, AS AMENDED. USGA IS SUBJECT TO TAX ON INCOME UNRELATED TO ITS EXEMPT PURPOSE, UNLESS THAT INCOME IS OTHERWISE EXCLUDED BY THE CODE. USGA HAS PROCESSES PRESENTLY IN PLACE TO ENSURE THE MAINTENANCE OF ITS TAX-EXEMPT STATUS; TO IDENTIFY AND REPORT UNRELATED INCOME; TO DETERMINE ITS FILING AND TAX OBLIGATIONS IN JURISDICTIONS FOR WHICH IT HAS NEXUS; AND, TO IDENTIFY AND EVALUATE OTHER MATTERS THAT MAY BE CONSIDERED TAX POSITIONS. THE USGA FOLLOWS GUIDANCE THAT CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN, INCLUDING ISSUES RELATING TO FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT. THIS GUIDANCE PROVIDES THAT THE INCOME TAX EFFECTS FROM AN UNCERTAIN TAX POSITION CAN ONLY BE RECOGNIZED IN THE FINANCIAL STATEMENTS IF THE POSITION IS "MORE LIKELY THAN NOT" TO BE SUSTAINED IF THE POSITION WERE TO BE CHALLENGED BY A TAXING AUTHORITY. THE ASSESSMENT OF THE TAX POSITION IS BASED SOLELY ON THE TECHNICAL MERITS OF THE POSITION, WITHOUT REGARD TO THE LIKELIHOOD THAT THE TAX POSITION MAY BE CHALLENGED. 1 NORTH AMERICA 0 0 GRANTMAKING BOATWRIGHT GRANTS 36000 EAST ASIA AND THE PACIFIC 0 0 GRANTMAKING TURFGRASS GRANT 7500 NORTH AMERICA 0 0 PROGRAM SERVICES CCS VISITS 26829 NORTH AMERICA 0 0 PROGRAM SERVICES CANADIAN OPEN & US OPEN FINAL 1553 NORTH AMERICA 0 0 PROGRAM SERVICES CANADIAN ALL ABILITIES TRAVEL 3550 NORTH AMERICA 0 0 PROGRAM SERVICES USNDP 8942 NORTH AMERICA 0 0 PROGRAM SERVICES MEXICAN GOLF FEDERATION 1115 NORTH AMERICA 0 0 PROGRAM SERVICES FMG CAMPEONATO INTERCLUBES 1312 CENTRAL AMERICA AND THE CARIBBEAN 0 0 PROGRAM SERVICES CAGC 248 EAST ASIA AND THE PACIFIC 0 0 PROGRAM SERVICES CCS VISITS 27560 EAST ASIA AND THE PACIFIC 0 0 PROGRAM SERVICES WATC 70476 EAST ASIA AND THE PACIFIC 0 0 PROGRAM SERVICES US OPEN QUALIFYING 10651 EAST ASIA AND THE PACIFIC 0 0 PROGRAM SERVICES INTERNATIONAL MEDIA 9546 EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 PROGRAM SERVICES R&A MEETINGS 17702 EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 PROGRAM SERVICES WAGR 1960 EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 PROGRAM SERVICES OPEN CHAMPIONSHIPS 17309 EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 PROGRAM SERVICES CURTIS CUP 90759 EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 PROGRAM SERVICES WORLD HANDICAPPING MEETINGS 8316 EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 PROGRAM SERVICES PARIS OLYMPICS 52921 EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 PROGRAM SERVICES JOINT ES MEETING 1727 EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 PROGRAM SERVICES JRC MEETING 22542 EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 PROGRAM SERVICES CHAMPIONSHIP EVENTS 22088 EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 PROGRAM SERVICES INTERNATIONAL MEDIA 7168 EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 PROGRAM SERVICES HOC MEETING 11316 SOUTH AMERICA 0 0 PROGRAM SERVICES LATIN AMERICAN AM CHAMPIONSHIP 117550 SOUTH AMERICA 0 0 PROGRAM SERVICES COPA ANDES 783 CENTRAL AMERICA AND THE CARIBBEAN 0 0 FOREIGN INVESTMENTS 404180 0 0 0 0 0 0 86801 894802 981603 NORTH AMERICA INTERNSHIPS 24000 WIRE 0 NORTH AMERICA INTERNSHIPS 12000 WIRE 0 EAST ASIA AND THE PACIFIC TURFGRASS GRANTS 7500 WIRE 0 3 0 1 0 1 1 1 0 PART I, LINE 2: THE USGA PROVIDES A LIMITED NUMBER OF GRANTS TO ORGANIZATIONS OUTSIDE THE UNITED STATES, AND SUCH CASES TYPICALLY PROVIDE ASSISTANCE IN TIMES OF NEED OR CRISIS. SUCH GRANTS ARE APPROVED BY THE EXECUTIVE COMMITTEE AND/OR SUB-COMMITTEE. STAFF MONITORS THE USE OF THE FUNDS TO ENSURE THAT THE GRANTS ARE SPENT FOR PROPER PURPOSES AND ARE NOT OTHERWISE DIVERTED FROM INTENDED USE. MONITORING MAY INCLUDE FORMAL PERIODIC REPORTS FROM THE ORGANIZATION OR INFORMAL REPORTS, DEPENDING ON THE NATURE OF THE GRANT AND THE ORGANIZATION IT WAS DISTRIBUTED TO. UNSPENT FUNDS MUST BE RETURNED TO THE USGA. PART I, LINE 3: THE USGA OWNS SHARES OF INVESTMENT FUNDS IN THE CAYMAN ISLANDS AND IN THE BRITISH VIRGIN ISLANDS. FEDERAL FINCEN FORM 114 HAS BEEN FILED TO REPORT BALANCES IN THESE INVESTMENT ACCOUNTS. IN ADDITION, UNITED STATES GOLF ASSOCIATION INVESTS IN DOMESTIC AND FOREIGN INVESTMENT VEHICLES THAT MAY OWN AN INTEREST IN A FOREIGN CORPORATION, PASSIVE FOREIGN INVESTMENT COMPANY, OR FOREIGN PARTNERSHIP. NEVERTHELESS, UNITED STATES GOLF ASSOCIATION'S ACTIVITIES MAY NOT REACH THE THRESHOLDS REQUIRED FOR FILING THE FORMS 926, 5471, 8621 OR 8865. TO THE EXTENT SUCH A FORM WAS COMPLETED, IT HAS BEEN FILED WITH USGA'S FORM 990-T. PART II, LINE 1 THE USGA PROVIDES GRANTS TO FURTHER ITS MISSION TO CHAMPION AND ADVANCE THE GAME. MANY OF THESE PROGRAMS SUPPORT JUNIORS THROUGHOUT THE UNITED STATES THROUGH LOCAL CHAPTER GRANTS THROUGH A NATIONAL ASSOCIATION. THE USGA ALSO PROVIDES GRANTS TO STATE AND REGIONAL ASSOCIATIONS TO FINANCE PAID INTERNSHIPS FOR THOSE WHO ARE PURSUING A CAREER IN GOLF ADMINISTRATION. THE USGA PROVIDES GRANTS TO COLLEGES AND UNIVERSITIES TO FINANCE TURFGRASS RESEARCH AND ENVIRONMENTAL RESEARCH THAT MAY BENEFIT GOLF COURSES IN REDUCING CONSUMPTION OF KEY RESOURCES SUCH AS WATER AND MANAGING COSTS RELATED TO LABOR AND TURF MAINTENANCE. IN ALL CASES, STAFF MEMBERS MONITOR THE USE OF FUNDS TO ENSURE THAT THE GRANTS ARE SPENT FOR THE PROPER PURPOSES AND ARE NOT OTHERWISE DIVERTED FROM INTENDED USE. IN SOME CASES, A THOROUGH APPLICATION MUST BE SUBMITTED IN ORDER TO RECEIVE CONSIDERATION FOR FUNDING. MONITORING NORMALLY INCLUDES FORMAL PERIODIC REPORTS FROM THE RECIPIENT ORGANIZATION, DETAILING PROGRAM PROGRESS AND USE OF FUNDS. MONITORING CAN ALSO INCLUDE INFORMAL REPORTS, DEPENDING ON THE NATURE OF THE GRANT AND THE ORGANIZATION IT WAS DISTRIBUTED TO. FOR EXAMPLE, GRANTS DISTRIBUTED TO PROGRAMS FOR JUNIORS TYPICALLY REQUIRE THE RECIPIENT ORGANIZATION TO COMPLETE A FORMAL ASSESSMENT REPORT THAT INCLUDES INFORMATION ABOUT PROGRAM OUTCOMES, FINANCIAL COMPLIANCE, PARTICIPANT STATISTICS, PROGRAM SCHEDULE, INSTRUCTION PROVIDED, AND FOLLOW-UP SUPPORT. SUCH INFORMATION IS SUBJECT TO AUDIT, AT THE USGA'S SOLE DISCRETION. IN ALL CASES, UNSPENT FUNDS MUST BE RETURNED TO USGA. GRANTS TO STATE AND REGIONAL ASSOCIATIONS FOR GOLF ADMINISTRATION INTERNSHIPS TYPICALLY REQUIRE THE RECIPIENT ORGANIZATION TO COMPLETE A REPORT DESCRIBING THE INTERNSHIP ACTIVITIES AND ACCOMPLISHMENTS, AND ACCOUNT FOR ALL INTERNSHIP SALARY PAYMENTS. ADDITIONALLY, THE INTERN IS REQUIRED TO COMPLETE AN EVALUATION ON THE INTERNSHIP RESPONSIBILITIES AND CONFIRM THE DURATION OF THEIR EMPLOYMENT. THE UNSPENT FUNDS RELATED TO INTERNSHIPS MUST BE RETURNED TO THE USGA. GRANTS TO COLLEGES AND UNIVERSITIES FOR TURFGRASS AND ENVIRONMENTAL RESEARCH TYPICALLY REQUIRE THE RECIPIENT ORGANIZATION TO COMPLETE A REPORT DESCRIBING IN DETAIL THE RESULTS OF THE RESEARCH, AND ACCOUNT FOR ALL FUNDS SPENT. X X X X 1 EIDOLON COMMUNICATIONS INC 15 MAIDEN LANE SUITE 1401 NEW YORK NY 10038 FUNDRAISING CONSULTANT 0 0 134350 0 134350 0 AL AK AZ AR CA CO CT DE FL GA HI ID IL IN IA KS KY LA ME MD MA MI MN MS MO MT NE NV NH NJ NM NY NC ND OH OK OR PA RI SC SD TN TX UT VT VA WA WV WI WY DC PR THE USGA MEMBERS PROGRAM COLLECTS DUES, A PORTION OF WHICH IS RECOGNIZED AS CONTRIBUTIONS. EIDOLON COMMUNICATIONS INC. PROVIDES ADVICE ONLY WITH RESPECT TO MARKETING STRATEGIES AND THE DESIGN OF MEMBERSHIP SOLICITATIONS FOR THE USGA MEMBERS PROGRAM. EIDOLON COMMUNICATIONS INC. PROVIDES ADVICE ONLY FOR THE SOLICITATION OF MEMBERSHIPS FOR THE USGA MEMBERS PROGRAM. GROSS RECEIPTS SPECIFICALLY ATTRIBUTABLE TO THEIR ADVICE CANNOT BE CALCULATED. THEREFORE, NO GROSS RECEIPTS HAVE BEEN REPORTED. EIDOLON COMMUNICATIONS INC. IS USED FOR CONSULTING BUT DOES NOT FUNDRAISE ON BEHALF OF THE USGA. 1 ALABAMA GOLF ASSOCIATION 3041 LORNA ROAD HOOVER AL 35216 630809785 501(C)(3) 72350 0 INTERNSHIPS ALASKA GOLF ASSOCIATION PO BOX 91668 ANCHORAGE AK 99509 920136766 501(C)(7) 18850 0 INTERNSHIPS AMERICAN JUNIOR GOLF ASSOCIATION 1980 SPORTS CLUB DRIVE BRASELTON GA 30517 581433914 501(C)(7) 25000 0 JUNIOR ARIZONA GOLF ASSOCIATION 7600 E REDFIELD RD SUITE 130 SCOTTSDALE AZ 85260 860214071 501(C)(4) 124000 0 INTERNSHIPS ARKANSAS STATE GOLF ASSOCIATION 3 EAGLE HILL COURT SUITE B LITTLE ROCK AR 72210 710470120 501(C)(3) 54000 0 INTERNSHIPS BOARD OF REGENTS UNIV OF WISCONSIN OFFICE OF RESEARCH SPONSORED PROGRAMS DRAWER 538 MILWAUKEE WI 532780538 396006492 115(A) 95000 0 TURFGRASS GRANTS CAL POLY POMONA FOUNDATION INC 3801 WEST TEMPLE AVE BUILDING 55 POMONA CA 91768 952417645 501(C)(3) 45000 0 15/30/45 INITIATIVE CALIFORNIA TURFGRASS AND LANDSCAPE FND 809 TIVERTON CT SAN DIMAS CA 91773 452709093 501(C)(3) 50000 0 TURFGRASS GRANTS CAROLINAS GOLF ASSOCIATION 140 RIDGE ROAD SOUTHERN PINES NC 28387 560509290 501(C)(3) 146850 0 INTERNSHIPS CENTRAL LINKS GOLF 8330 MELROSE DRIVE LENEXA KS 66214 440642880 501(C)(4) 102850 0 INTERNSHIPS CHICAGO DISTRICT GOLF ASSOCIATION 11855 ARCHER AVENUE LEMONT IL 60439 360898927 501(C)(4) 36850 0 INTERNSHIPS COLORADO GOLF ASSOCIATION 5990 GREENWOOD PLAZA BLVD SUITE 102 GREENWOOD VILLAGE CO 801114749 841248840 501(C)(3) 134074 0 INTERNSHIPS CONNECTICUT STATE GOLF ASSOCIATION 35 COLD SPRING ROAD SUITE 212 ROCKY HILL CT 06067 222587856 501(C)(6) 60180 0 INTERNSHIPS ECOADAPT PO BOX 11195 BAINBRIDGE ISLAND WA 98110 263303629 501(C)(3) 50000 0 TURFGRASS GRANTS FLORIDA STATE GOLF ASSOCIATION 12630 TELECOM DRIVE TAMPA FL 336370935 592171378 501(C)(3) 83850 0 INTERNSHIPS GEORGIA STATE GOLF ASSOCIATION ATTN ACCOUNTS RECEIVABLE 2205 NORTHSIDE DRIVE NW SUITE 200 ATLANTA GA 30305 581145042 501(C)(3) 116850 0 INTERNSHIPS GOLF ASSOCIATION OF MICHIGAN 39255 COUNTRY CLUB DRIVE SUITE B-40 FARMINGTON HILLS MI 48331 386105801 501(C)(6) 73700 0 INTERNSHIPS GOLF ASSOCIATION OF PHILADELPHIA 1974 SPROUL ROAD SUITE 400 BROOMALL PA 19008 231303024 501(C)(7) 134850 0 INTERNSHIPS GREATER CINCINNATI GOLF ASSOCIATION 9200 MONTGOMERY RD STE 24B CINCINNATI OH 452427794 316051373 501(C)(7) 50805 0 INTERNSHIPS HAWAII STATE GOLF ASSOCIATION 98-025 HEKAHA ST BLDG 2 UNIT 204A AIEA HI 96701 990238385 501(C)(7) 43850 0 INTERNSHIPS HORRY-GEORGETOWN TECHNICAL COLLEGE PO BOX 261966 CONWAY SC 295286066 570477152 501(C)(3) 115375 0 GREENKEEPER APPRENTICESHIP PROGRAM IDAHO GOLF ASSOCIATION PO BOX 9958 BOISE ID 837073958 237024930 501(C)(7) 59850 0 INTERNSHIPS INDIANA GOLF ASSOCIATION PO BOX 26159 INDIANAPOLIS IN 46226 352015534 501(C)(6) 54552 0 INTERNSHIPS IOWA GOLF ASSOCIATION 8050 GOLF HOUSE DRIVE DES MOINES IA 50211 421203480 501(C)(4) 65700 0 INTERNSHIPS KANSAS STATE UNIVERSITY ATTN SPONSORED PROJECTS ACCOUNTING 10 ANDERSON HALL MANHATTAN KS 66506 480771751 115(A) 32050 0 TURFGRASS GRANTS KENTUCKY GOLF ASSOCIATION 1116 ELMORE JUST DRIVE LOUISVILLE KY 40245 237150508 501(C)(6) 50850 0 INTERNSHIPS LOUISIANA GOLF ASSOCIATION 1003 HUGH WALLIS ROAD S SUITE A-2 LAFAYETTE LA 70508 726035874 501(C)(4) 78850 0 INTERNSHIPS LPGA FOUNDATION 100 INTERNATIONAL GOLF DRIVE DAYTONA BEACH FL 32124 593085528 501(C)(3) 505000 0 JUNIOR MAINE STATE GOLF ASSOCIATION DBA MAINE GOLF 2 OLD COUNTRY ROAD EXT FREEPORT ME 04032 262355154 501(C)(4) 55550 0 INTERNSHIPS MARYLAND STATE GOLF ASSOCIATION 10455 FALLS ROAD LUTHERVILLE MD 21093 521326177 501(C)(3) 43350 0 INTERNSHIPS MASS GOLF 300 ARNOLD PALMER BOULEVARD NORTON MA 02766 042487562 501(C)(3) 118850 0 INTERNSHIPS MASTERS TOURNAMENT FOUNDATION INC DBA LATIN AMERICA AMATEUR CHAMPIONSHIP PO BOX 2444 AUGUSTA GA 30903 274452110 501(C)(6) 760660 0 JUNIOR METROPOLITAN AMATEUR GOLF ASSOCIATION 11724 LACKLAND INDUSTRIAL DRIVE ST LOUIS MO 63146 431631448 501(C)(4) 50184 0 INTERNSHIPS METROPOLITAN GOLF ASSOCIATION 49 KNOLLWOOD ROAD ELMSFORD NY 10523 133637689 501(C)(6) 162000 0 INTERNSHIPS MIAMI VALLEY GOLF 263 REGENCY RIDGE DRIVE DAYTON OH 45459 311437550 501(C)(4) 50850 0 INTERNSHIPS MICHIGAN STATE UNIVERSITY CONTRACT AND GRANT ADMINISTRATION HANNAH BLDG-426 AUDITORIUM RD ROOM EAST LANSING MI 48824 386005984 115(A) 34877 0 TURFGRASS GRANTS MINNESOTA GOLF ASSOCIATION SUITE 411 6550 YORK AVENUE SOUTH EDINA MN 55435 510152269 501(C)(6) 86850 0 INTERNSHIPS MISSISSIPPI GOLF ASSOCIATION 400 CLUBHOUSE DRIVE PEARL MS 39208 630977191 501(C)(4) 36000 0 INTERNSHIPS MISSOURI GOLF ASSOCIATION PO BOX 104164 JEFFERSON CITY MO 65110 630977191 501(C)(4) 78125 0 INTERNSHIPS MONTANA STATE GOLF ASSOCIATION BOX 4306 HELENA MT 59604 237025168 501(C)(4) 74850 0 INTERNSHIPS NATIONAL TURFGRASS FEDERATION PO BOX 106 BELTSVILLE MD 20704 320218619 501(C)(3) 78750 0 TURFGRASS GRANTS NEBRASKA GOLF ASSOCIATION 6618 SOUTH 118TH STREET OMAHA NE 68137 237073030 501(C)(7) 53495 0 INTERNSHIPS NEW HAMPSHIRE GOLF 56 SOUTH STATE STREET PO BOX 2348 CONCORD NH 03301 020526233 501(C)(6) 58000 0 INTERNSHIPS NEW JERSEY GOLF 3 GOLF DRIVE SUITE 206 KENILWORTH NJ 07033 226046575 501(C)(6) 56850 0 INTERNSHIPS NEW MEXICO STATE UNIVERSITY SPONSORED PROJECTS ACCOUNTING PO BOX 30001 MSC SPA LAS CRUCES NM 880038002 521647582 115(A) 147549 0 TURFGRASS GRANTS NEW YORK STATE GOLF ASSOCIATION 4933 JAMESVILLE ROAD JAMESVILLE NY 13078 160866643 501(C)(4) 80850 0 INTERNSHIPS NORTH CAROLINA STATE UNIVERSITY HOUSING FINANCE OFFICE BOX 7315 PULLEN HALL 201 DAN ALLEN DR RALEIGH NC 27695 566000756 115(A) 25000 0 TURFGRASS GRANTS NORTH DAKOTA GOLF ASSOCIATION RIVERWOOD GC 725 RIVERWOOD DRIVE BISMARCK ND 58504 456023238 501(C)(6) 30000 0 INTERNSHIPS NORTHERN CALIFORNIA GOLF ASSOCIATION PO BOX NCGA PEBBLE BEACH CA 93953 941371594 501(C)(6) 113010 0 INTERNSHIPS NORTHERN NEVADA GOLF ASSOCIATION 18124 WEDGE PKWY 250 RENO NV 89511 943048863 501(C)(4) 38081 0 INTERNSHIPS NORTHERN OHIO GOLF ASSOCIATION ONE GOLFVIEW LANE NORTH OLMSTED OH 44070 340149890 501(C)(6) 62850 0 INTERNSHIPS OHIO GOLF ASSOCIATION 4354 TULLER ROAD DUBLIN OH 43017 311080373 501(C)(7) 38850 0 INTERNSHIPS OHIO STATE UNIVERSITY 3605 TREMONT RD COLUMBUS OH 43221 316025986 115(A) 10000 0 TURFGRASS GRANTS OKLAHOMA GOLF ASSOCIATION 2800 COLTRANE PLACE SUITE 2 EDMOND OK 73034 260074714 501(C)(4) 44050 0 INTERNSHIPS OKLAHOMA STATE UNIVERSITY PO BOX 248957 OKLAHOMA CITY OK 731248957 731383996 115(A) 86387 0 TURFGRASS GRANTS OKLAHOMA STATE UNIVERSITY FOUNDATION 320G AG HALL STILLWATER OK 740786025 736097060 501(C)(3) 20000 0 TURFGRASS GRANTS OREGON GOLF ASSOCIATION 2840 HAZELNUT DRIVE WOODBURN OR 97071 232743830 501(C)(6) 74850 0 INTERNSHIPS OREGON STATE UNIVERSITY OFFICE OF SPONSORED RESEARCH AWARDS A312 KERR ADMINISTRATION BUILDING CORVALLIS OR 973392140 481278540 115(A) 95000 0 INTERNSHIPS PGA TOUR FIRST TEE FOUNDATION INC 13000 SAWGRASS VILLAGE CIRCLE BUILDING 4 PONTE VEDRA BEACH FL 32082 834186070 501(C)(3) 325000 0 JUNIOR PUERTO RICO GOLF ASSOCIATION PARADISE COMMERCIAL CENTER AVE MATADERO 264 SUITE 11 SAN JUAN PUERTO RICO PR 00920 660276473 501(C)(3) 38850 0 INTERNSHIPS PURDUE UNIVERSITY SPONSORED PROGRAM SERVICES 23510 NETWORK PLACE CHICAGO IL 606731235 356002041 501(C)(3) 173274 0 TURFGRASS GRANTS RHODE ISLAND GOLF ASSOCIATION ONE BUTTONHOLE DRIVE SUITE 2 PROVIDENCE RI 02909 222500471 501(C)(4) 48000 0 INTERNSHIPS ROCHESTER DISTRICT GOLF ASSOCIATION 2024 W HENRIETTA RD STE 5H ROCHESTER NY 14623 161218400 501(C)(6) 22850 0 INTERNSHIPS RUTGERS THE STATE UNIVERSITY OF NEW JERSEY DEPT OF PLANT BIOLOGY AND PATHOLOGY 59 DUDLEY ROAD NEW BRUNSWICK NJ 089018520 226001086 115(A) 143627 0 TURFGRASS GRANTS SANDHILLS COMMUNITY COLLEGE 3395 AIRPORT RD PINEHURST NC 28374 560797051 501(C)(3) 50000 0 GREENKEEPER APPRENTICESHIP PROGRAM SANDHILLS YOUTH DEVELOPMENT LLC DBA FIRST TEE - SANDHILLS 135 W VERMONT AVENUE SOUTHERN PINES NC 28387 562248641 501(C)(3) 25000 0 GREENKEEPER APPRENTICESHIP PROGRAM SOUTH DAKOTA GOLF ASSOCIATION 2040 W RUSSELL ST SIOUX FALLS SD 57104 460310847 501(C)(4) 72850 0 INTERNSHIPS SOUTHERN CALIFORNIA GOLF ASSOCIATION 3740 CAHUENGA BLVD STUDIO CITY CA 916043502 951240720 501(C)(6) 146850 0 INTERNSHIPS SOUTHERN NEVADA GOLF ASSOCIATION 8010 WEST SAHARA AVENUE SUITE 260 LAS VEGAS NV 89117 943045381 501(C)(4) 56676 0 INTERNSHIPS SUN COUNTRY AMATEUR GOLF ASSOCIATION 2316 SOUTHERN BLVD SUITE D RIO RANCHO NM 87124 850225091 501(C)(7) 71140 0 INTERNSHIPS TENNESSEE GOLF ASSOCIATION 400 FRANKLIN ROAD FRANKLIN TN 37069 621049477 501(C)(4) 68000 0 INTERNSHIPS TEXAS A&M AGRILIFE RESEARCH 400 HARVEY MITCHELL PKWY SOUTH SUITE 300 ATTN DEPOSITS COLLEGE STATION TX 778454375 741238434 501(C)(3) 271568 0 TURFGRASS GRANTS TEXAS A&M UNIVERSITY DEPARTMENT OF GEOGRAPHY 205D COMPUTING SERVICE ANNEX 3147 TAMU COLLEGE STATION TX 77843 741238434 501(C)(3) 10000 0 TURFGRASS GRANTS TEXAS GOLF ASSOCIATION 16200 ADDISON ROAD SUITE 150 ADDISON TX 75001 750715222 501(C)(4) 146850 0 INTERNSHIPS UNIVERSITY OF ARKANSAS 1371 W ALTHEIMER DRIVE FAYETTEVILLE AR 727046898 716003252 501(C)(3) 34602 0 TURFGRASS GRANTS UNIVERSITY OF CALIFORNIA-RIVERSIDE CASHIERS OFFICE 1127 HINDERAKER HALL RIVERSIDE CA 92521 956006142 501(C)(3) 40056 0 TURFGRASS GRANTS UNIVERSITY OF FLORIDA FT LAUDERDALE RESEARCH EDUCATION CENTER 3205 COLLEGE AVENUE DAVIE FL 33314 596002052 501(C)(3) 63800 0 TURFGRASS GRANTS UNIVERSITY OF MINNESOTA DEPT OF HORTICULTURAL SCIENSE 1970 FOLWELL AVENUE ST PAUL MN 55108 416007513 501(C)(3) 10000 0 TURFGRASS GRANTS UNIVERSITY OF NEBRASKA-LINCOLN OFFICE OF SPONSORED PROGRAMS 151 PREM S PAUL CTR-2200 VINE STREET LINCOLN NE 685830861 470049123 501(C)(3) 83696 0 TURFGRASS GRANTS UNIVERSITY OF TENNESSEE 112 PLANT BIOTECHNOLOGY BLDG 2505 EJ CHAPMAN DRIVE KNOXVILLE TN 37996 626001636 512(B)(9) 10000 0 TURFGRASS GRANTS USDA-AGRICULTURAL RESEARCH SERVICE 800 BUCHANAN STREET ALBANY CA 94710 720564834 115(A) 103149 0 TURFGRASS GRANTS UTAH GOLF ASSOCIATION 4444 S 700 E SUITE 105 SALT LAKE CITY UT 84107 870271572 501(C)(7) 64850 0 INTERNSHIPS VERMONT GOLF ASSOCIATION 145 PINE HAVEN SHORES ROAD SUITE 2172 SHELBURNE VT 05482 030289304 501(C)(7) 24000 0 INTERNSHIPS VIRGINIA STATE GOLF ASSOCIATION 2400 DOVERCOURT DRIVE MIDLOTHIAN VA 23113 540736931 501(C)(4) 84850 0 INTERNSHIPS WASHINGTON GOLF 1010 SOUTH 336TH ST SUITE 310 FEDERAL WAY WA 98003 911432298 501(C)(4) 60800 0 INTERNSHIPS WASHINGTON STATE GOLF ASSOCIATION 3401 S 19TH ST SUITE 200 TACOMA WA 98405 911432298 501(C)(4) 24000 0 INTERNSHIPS WEST VIRGINIA GOLF ASSOCIATION 2115 CHARLESTON TOWN CENTER CHARLESTON WV 25389 550592904 501(C)(4) 54850 0 INTERNSHIPS WESTERN PENNSYLVANIA GOLF ASSOCIATION 930 N LINCOLN AVE PITTSBURGH PA 15233 250992795 501(C)(6) 31350 0 INTERNSHIPS WISCONSIN STATE GOLF ASSOCIATION 11350 W THEO TRECKER WAY WEST ALLIS WI 53214 391092159 501(C)(6) 62850 0 INTERNSHIPS WOMEN IN GOLF FOUNDATION 4217 RIVER RD ELLENWOOD GA 30294 582527454 501(C)(3) 7500 0 DE&I INITIATIVE WORLD GOLF FOUNDATION ONE WORLD GOLF PLACE ST AUGUSTINE FL 32092 592998925 501(C)(3) 350000 0 DE&I INITIATIVE 39 52 THE U.S. NATIONAL DEVELOPMENT PROGRAM 74 619675 0 SCHEDULE I, PART IV THE USGA PROVIDES GRANTS TO FURTHER ITS MISSION TO CHAMPION AND ADVANCE THE GAME. MANY OF THESE PROGRAMS SUPPORT JUNIORS THROUGHOUT THE UNITED STATES THROUGH LOCAL CHAPTER GRANTS THROUGH A NATIONAL ASSOCIATION. THE USGA ALSO PROVIDES GRANTS TO STATE AND REGIONAL ASSOCIATIONS TO FINANCE PAID INTERNSHIPS FOR THOSE WHO ARE PURSUING A CAREER IN GOLF ADMINISTRATION. THE USGA PROVIDES GRANTS TO COLLEGES AND UNIVERSITIES TO FINANCE TURFGRASS RESEARCH AND ENVIRONMENTAL RESEARCH THAT MAY BENEFIT GOLF COURSES IN REDUCING CONSUMPTION OF KEY RESOURCES SUCH AS WATER AND MANAGING COSTS RELATED TO LABOR AND TURF MAINTENANCE. IN ALL CASES, STAFF MEMBERS MONITOR THE USE OF FUNDS TO ENSURE THAT THE GRANTS ARE SPENT FOR THE PROPER PURPOSES AND ARE NOT OTHERWISE DIVERTED FROM INTENDED USE. IN SOME CASES, A THOROUGH APPLICATION MUST BE SUBMITTED IN ORDER TO RECEIVE CONSIDERATION FOR FUNDING. MONITORING NORMALLY INCLUDES FORMAL PERIODIC REPORTS FROM THE RECIPIENT ORGANIZATION, DETAILING PROGRAM PROGRESS AND USE OF FUNDS. MONITORING CAN ALSO INCLUDE INFORMAL REPORTS, DEPENDING ON THE NATURE OF THE GRANT AND THE ORGANIZATION IT WAS DISTRIBUTED TO. FOR EXAMPLE, GRANTS DISTRIBUTED TO PROGRAMS FOR JUNIORS TYPICALLY REQUIRE THE RECIPIENT ORGANIZATION TO COMPLETE A FORMAL ASSESSMENT REPORT THAT INCLUDES INFORMATION ABOUT PROGRAM OUTCOMES, FINANCIAL COMPLIANCE, PARTICIPANT STATISTICS, PROGRAM SCHEDULE, INSTRUCTION PROVIDED, AND FOLLOW-UP SUPPORT. SUCH INFORMATION IS SUBJECT TO AUDIT, AT THE USGA'S SOLE DISCRETION. IN ALL CASES, UNSPENT FUNDS MUST BE RETURNED TO USGA. GRANTS TO STATE AND REGIONAL ASSOCIATIONS FOR GOLF ADMINISTRATION INTERNSHIPS TYPICALLY REQUIRE THE RECIPIENT ORGANIZATION TO COMPLETE A REPORT DESCRIBING THE INTERNSHIP ACTIVITIES AND ACCOMPLISHMENTS AND ACCOUNT FOR ALL INTERNSHIP SALARY PAYMENTS. ADDITIONALLY, THE INTERN IS ASKED TO COMPLETE AN EVALUATION ON THE INTERNSHIP RESPONSIBILITIES AND CONFIRM THE DURATION OF THEIR EMPLOYMENT. UNSPENT FUNDS RELATED TO INTERNSHIPS MUST BE RETURNED TO THE USGA. GRANTS TO COLLEGES AND UNIVERSITIES FOR TURFGRASS AND ENVIRONMENTAL RESEARCH TYPICALLY REQUIRE THE RECIPIENT ORGANIZATION TO COMPLETE A REPORT DESCRIBING IN DETAIL THE RESULTS OF THE RESEARCH AND ACCOUNT FOR ALL FUNDS SPENT. UNSPENT FUNDS MUST BE RETURNED TO USGA. THE U.S. NATIONAL DEVELOPMENT PROGRAM GRANT IS DESIGNED TO MITIGATE BARRIERS OF COST TO PROMISING JUNIOR GOLFERS BETWEEN 13-18 YEARS OLD WHO DEMONSTRATE BOTH FINANCIAL NEED AND THE POTENTIAL TO PROGRESS THROUGH THE USNDP PATHWAY. GRANTS ARE AWARDED BASED ON FINANCIAL NEED PARAMETERS DETERMINED BY THE USGA AND A PERFORMANCE ASSESSMENT THAT CONSIDERS SCORES, RANKINGS, IMPROVEMENT TRENDS, ATHLETICISM, REFERENCES, AND VIDEO EVALUATION. GRANTS ARE AWARDED AS REIMBURSEMENTS TOWARDS GOLF AND ATHLETE DEVELOPMENT-RELATED EXPENSES, SUCH AS TOURNAMENT ENTRY FEES, TOURNAMENT TRAVEL, COACH FEES, PRACTICE/GREEN FEES, AND EQUIPMENT UP TO $10,000 ANNUALLY. THE USNDP AWARDED 74 GRANTS IN 2024. X X X 1 1 X X X X 0 1 0 1 0 1 0 0 0 MIKE WHAN CEO 1179643 0 1675000 0 43746 0 119200 0 30859 0 3048447 0 0 0 JOHN BODENHAMER CHIEF CHAMPIONSHIPS OFFICER 624292 0 266000 0 50925 0 45985 0 25493 0 1012695 0 0 0 SUSAN PIKITCH CHIEF FINANCIAL OFFICER 524949 0 240800 0 73168 0 39133 0 28693 0 906743 0 0 0 JON PODANY CHIEF COMMERCIAL OFFICER 535255 0 240800 0 29187 0 39133 0 39608 0 883983 0 0 0 CHRISTOPHER FRASER SECRETARY AND CLO 486363 0 226400 0 71698 0 35217 0 25493 0 845172 0 0 0 THOMAS PAGEL CHIEF GOVERNANCE OFFICER 413935 0 199400 0 57302 0 28322 0 35019 0 733978 0 0 0 EMILY PALMER CHIEF MBER SERVICES OFFICER 378319 0 176000 0 62086 0 22455 0 25468 0 664328 0 0 0 REGINALD JONES JR MD, US OPEN 370225 0 102605 0 46216 0 19402 0 35007 0 573455 0 0 0 JAMES HILL MD, CHAMPIONSHIPS 270576 0 92245 0 77380 0 33851 0 35123 0 509175 0 0 0 CHAEMIN LEE MD, HUMAN RESOURCES 316646 0 101320 0 28190 0 16575 0 38247 0 500979 0 0 0 MARY LOPUSZYNSKI MD, MERCHANDISE 341604 0 98953 0 15938 0 15160 0 12858 0 484513 0 0 0 DENNIS BAGGETT MD, OPEN CHAMPIONSHIPS 324943 0 96622 0 2753 0 14535 0 34995 0 473848 0 0 0 PART I, LINE 1A THE USGA HAS A WRITTEN POLICY REGARDING FIRST CLASS TRAVEL AND THE USE OF PRIVATE JETS/CHARTERS. FOR THE LATTER, USE IS STRICTLY LIMITED TO USGA BUSINESS TRAVEL WHERE THERE ARE NO COMMERCIAL FLIGHTS AVAILABLE TO MEET THE ITINERARY, AND FOR USE ONLY BY EXECUTIVE LEADERSHIP/EXECUTIVE COMMITTEE WITH PRIOR APPROVAL BY THE PRESIDENT OF THE USGA. SPOUSE TRAVEL IS NOT REIMBURSED, EXCEPT IN LIMITED CIRCUMSTANCES WHERE THERE IS A BUSINESS PURPOSE AND APPROVED BY THE PRESIDENT OF THE USGA. PART I, LINE 4B THE 457(F) NONQUALIFIED DEFINED CONTRIBUTION PLAN FOR THE UNITED STATES GOLF ASSOCIATION (THE "457(F) DC PLAN") IS A TAX FAVORED, NON-QUALIFIED SUPPLEMENTAL RETIREMENT PROGRAM OFFERED TO HIGHLY COMPENSATED SENIOR MANAGEMENT. THIS PLAN ADDRESSES THE POTENTIAL SHORTFALL FOR SENIOR MANAGEMENT THAT MAY RESULT FROM THE INTERNAL REVENUE SERVICE LIMITS ASSOCIATED WITH QUALIFIED RETIREMENT PLANS. THOSE LIMITS INCLUDE COMPENSATION CAPS FOR THE USGA PENSION PLAN AND USGA DEFINED CONTRIBUTION RETIREMENT PLAN. PURSUANT TO REGULATIONS CONTAINED IN THE IRS CODE GOVERNING NOT-FOR-PROFIT EXECUTIVE COMPENSATION PLANS, ACCRUED BENEFITS BECOME TAXABLE TO THE EMPLOYEE AT VESTING. THE VESTING PERIOD IS FIVE YEARS. ONCE VESTED, THE ANNUAL ACCRUED BENEFIT IS RECORDED AS INCOME, EVEN THOUGH THE INDIVIDUAL DID NOT RECEIVE THE BENEFIT. THESE AMOUNTS ARE INCLUDED IN OTHER REPORTABLE COMPENSATION FOR VESTED PARTICIPANTS. THE BENEFIT IS PAYABLE UPON TERMINATION FROM THE USGA. THE ACCRUED, NON-VESTED BENEFITS ARE REPORTED AS DEFERRED COMPENSATION ON SCHEDULE J COLUMN (C). THE FOLLOWING PEOPLE RECEIVED CONTRIBUTIONS TO THE USGA 457(F) PLAN IN 2024 (ALL NAMED PERSONS ON SCHEDULE J, PART II). SECTION 457(F) DEFERRED COMPENSATION PLAN, VESTED PORTION WHICH IS REPORTED ON SCHEDULE J PART II COLUMN B(III): - JOHN BODENHAMER $35,635 - SUSAN PIKITCH $28,783 - CHRISTOPHER FASER $24,867 - THOMAS PAGEL $17,972 - REGINALD JONES JR. $9,052 - JAMES HILL $24,268 - MARY LOPUSZYNSKI $6,151 - EMILY PALMER $47,678 SECTION 457(F) DEFERRED COMPENSATION PLAN, NON-VESTED PORTION WHICH IS REPORTED ON SCHEDULE J PART II COLUMN C: - MIKE WHAN $108,850 - JON PODANY $35,635 - SUSAN PIKITCH $28,783 - CHRISTOPHER FRASER $24,867 - THOMAS PAGEL $17,972 - REGINALD JONES JR. $9,052 - JAMES HILL $24,268 - MARY LOPUSZYNSKI $6,151 - EMILY PALMER $12,105 - JON PODANY $28,783 - DENNIS BAGGETT $4,718 - CHAEMIN LEE $6,225 PART I, LINE 5 & LINE 6: CEO AND SENIOR LEADERSHIP TEAM PARTICIPATE IN AN INCENTIVE COMPENSATION PLAN WITH METRICS MEASURED AGAINST STRATEGIC ORGANIZATIONAL OBJECTIVES AND FINANCIAL RESULTS WHICH INCLUDE REVENUE AND OTHER METRICS AS APPROVED BY THE EXECUTIVE COMMITTEE. INCENTIVE COMPENSATION REQUIRES INPUT FROM COMPENSATION COMMITTEE, A STANDING COMMITTEE OF THE ORGANIZATIONS EXECUTIVE COMMITTEE, AND APPROVAL BY THE USGA BOARD PRESIDENT. INCENTIVE PLAN MAY NOT EXCEED BUDGET. TOTAL COMPENSATION (BASE SALARY AND INCENTIVE COMPENSATION PLAN) FOR THE CEO AND SENIOR LEADERSHIP TEAM IS EXTERNALLY BENCHMARKED ON A REGULAR BASIS. THE BENCHMARKING PROCESS IS CONDUCTED BY A THIRD PARTY AND REVIEWED BY THE PRESIDENT. PART III: OTHER REPORTABLE COMPENSATION: AMOUNTS INCLUDED IN OTHER REPORTABLE COMPENSATION INCLUDE AMOUNTS ATTRIBUTABLE TO LIFE, LONG TERM DISABILITY & LONG-TERM CARE INSURANCES, CHILD SCHOLARSHIPS, PERSONAL MILEAGE AND AUTOMOBILE EXPENSES, AS WELL AS NON-CASH VESTED BENEFITS IN THE USGA 457(F) NON-QUALIFIED SUPPLEMENTAL RETIREMENT PLAN. A PUBLIC FINANCE AUTHORITY 273866124 000000000 2017-01-19 50000000 CONSTRUCTION ISSUE 0 0 0 A 45034926 480000 44554926 0 0 0 1 A 0 0 0 0 0.00500 0.00500 0 0 1 A 0 1 0 0 1 0 0 0 1 A 1 PART II, LINE 3 THE TAX-EXEMPT BOND ISSUED IS A DRAW-DOWN BOND AND THE AMOUNT REPORTED ON PART II LINE 3 PRESENTS THE BOND VALUE ISSUED AS OF 12/31/2024. X 968 0 SEE PART II X 10 195689 FMV X 1 870057 FMV X DONATED RANGE BALLS 1 50878 FMV 1 1 0 PART I, LINE 30B: IN CERTAIN CIRCUMSTANCES, THE USGA MIGHT RECEIVE NON-CASH CONTRIBUTIONS THAT ARE REQUIRED TO BE HELD FOR AT LEAST THREE YEARS FROM THE DATE OF THE INITIAL CONTRIBUTIONS. THESE NON-CASH CONTRIBUTIONS WERE DONATED TO SUPPORT THE EXEMPT PURPOSE OF THE USGA MUSEUM, FOLLOWING THE USGA GENERAL GIFT ACCEPTANCE POLICY AND PROCEDURES. SCHEDULE M, LINE 31: THE USGA HAS A GIFT ACCEPTANCE POLICY FOR ANY ITEM BEING DONATED TO THE USGA GOLF MUSEUM. THE USGA ALSO HAS A GIFT ACCEPTANCE POLICY FOR ANY NON-STANDARD CONTRIBUTIONS TO THE USGA. PROCEDURES INCLUDE REVIEWS BY THE APPROPRIATE STAFF BEFORE ANY SUCH CONTRIBUTION CAN BE ACCEPTED. WHERE APPROPRIATE, THE CHIEF LEGAL OFFICER IS CONSULTED. SCHEDULE M, LINE 33: AS PERMITTED UNDER SFAS 116, THE USGA CHOOSES NOT TO REPORT IN ITS REVENUE STATEMENT AND BALANCE SHEET WORKS OF ART, HISTORICAL TREASURES, OR OTHER SIMILAR ASSETS HELD FOR PUBLIC EXHIBITION, EDUCATION, OR RESEARCH IN FURTHERANCE OF PUBLIC SERVICE. FORM 990, PART I, LINE 1 THE UNITED STATES GOLF ASSOCIATION'S MISSION IS TO CHAMPION AND ADVANCE THE GAME OF GOLF, AND ITS PURPOSE IS EMBEDDED INTO EACH OF THE FOUR LETTERS OF OUR NAME. AS GOLF'S STEWARD AND GOVERNING BODY IN AMERICA, OUR INITIALS U (UNIFY) S (SHOWCASE) G (GOVERN) A (ADVANCE) CAN BE USED TO COMMUNICATE THE ROLE THE USGA PLAYS AND THE GOOD WE DO FOR THE GAME. WE UNIFY THE GAME BY CREATING AN EQUAL PLAYING FIELD THROUGH THE WORLD HANDICAP SYSTEM, COURSE RATING SYSTEM AND GHIN, ENSURING THAT PLAYERS OF ALL AGES, ABILITIES AND BACKGROUNDS CAN ENJOY THE GAME TOGETHER. WE UNIFY GOLFERS AND GOLF COURSES THROUGH OUR NATION-WIDE ALLIED GOLF ASSOCIATION (AGA) NETWORK. TOGETHER, WE BUILD TRUSTED RELATIONSHIPS WITH THE GLOBAL GAME AROUND COMMON PURPOSES THAT ENSURE A BETTER FUTURE FOR GOLF (GROWING THE GAME, BUILDING CAREER PIPELINES, FOSTERING AN OPEN CULTURE AND DRIVING ADOPTION OF SUSTAINABILITY BEST PRACTICES). WE SHOWCASE AND CELEBRATE THE BEST PLAYERS IN THE WORLD BY PROVIDING THEM THE STAGE TO ACHIEVE THEIR DREAMS - ALL AGES, INDIVIDUALS, AND TEAMS ALIKE. WE SHOWCASE HOW "OPEN" GOLF CAN BE, VIA A TRULY OPEN APPROACH TO CHAMPIONSHIP QUALIFIERS THAT ARE A TRUE MERITOCRACY, WHERE SUCCESS IS DETERMINED SOLELY BY HOW WELL YOU PLAY. WE HOST 15 NATIONAL CHAMPIONSHIPS IN AMERICA, SHOWCASING THE NATION'S BEST COURSES AND WELCOMING THE GLOBAL GOLF COMMUNITY TO PARTICIPATE, INCLUDING THE U.S. ADAPTIVE OPEN CHAMPIONSHIP, ADDED IN 2022 FOR GOLFERS WITH DISABILITIES. WE GOVERN WITH A FOCUS ON THE BEST INTERESTS OF THE GAME LONG-TERM, WITHOUT BIAS, PROVIDING A STRONG FRAMEWORK ON WHICH THE GAME CAN BE PLAYED BY ALL. WE GOVERN THE GAME THROUGH A CLEARLY DEFINED SET OF PLAYING, AMATEUR STATUS, HANDICAPPING AND EQUIPMENT RULES TO PROMOTE AND ENSURE FAIR PLAY. TRANSPARENCY, INCLUSION AND EDUCATION ARE IMPORTANT TENETS OF OUR GOVERNANCE ROLE. WE ADVANCE THE GAME TO ENABLE A FUTURE THAT IS EVEN BETTER THAN THE GAME WE PLAY TODAY. THIS MEANS ENSURING THAT ALL GOLFERS HAVE ACCESS AND FEEL WELCOME. THIS STARTS WITH JUNIORS AND CONTINUES THROUGH A GOLFER'S LIFETIME JOURNEY IN THE GAME. WE'RE PASSIONATELY PURSUING BETTER ON-COURSE PLAYING CONDITIONS THROUGH OUR EXPERT AGRONOMY TEAM, THE USGA GREEN SECTION, WHILE ADVANCING RESEARCH AND SCIENCE TO ENSURE GOLF COURSES ARE ENVIRONMENTALLY AND ECONOMICALLY SUSTAINABLE. FORM 990, PART I, LINE 6 THE ESTIMATE FOR VOLUNTEERS REPRESENTS PEOPLE WHO SERVE ON A USGA COMMITTEE. THE ESTIMATE ALSO INCLUDES THE THOUSANDS OF INDIVIDUALS WHO VOLUNTEER THEIR TIME AT USGA CHAMPIONSHIPS AND CONTRIBUTE TOWARD THEIR SUCCESS. FORM 990, PART V, QUESTION 2: UNITED STATES GOLF ASSOCIATION SHARES EMPLOYEES WITH ITS SUPPORTING ORGANIZATION, USGA FOUNDATION (EIN# 83-4639721) VIA A COMMON PAYMASTER ARRANGEMENT. ALL W-2S AND REQUIRED EMPLOYMENT TAX RETURNS ARE FILED BY UNITED STATES GOLF ASSOCIATION. FORM 990, PART VI, SECTION A, LINE 6 THE USGA IS AN ASSOCIATION OF MEMBER CLUBS AND COURSES. WHILE APPLICATION FOR MEMBERSHIP IS OPEN TO ANY GOLF CLUB, GOLF COURSE OR GOLF TRAINING FACILITY, AS SPECIFIED AND DEFINED IN THE USGA BY-LAWS, VOTING PRIVILEGES ARE LIMITED TO MEMBER CLUBS. VOTING PRIVILEGES DO NOT EXTEND TO MEMBER COURSES OR TO MEMBER GOLF TRAINING FACILITIES. CLUB MEMBERSHIP APPLICATIONS ARE REVIEWED AND SUBJECT TO APPROVAL OR REJECTION AT THE DISCRETION OF THE EXECUTIVE COMMITTEE. MEMBERSHIP IS AUTOMATICALLY CONTINUOUS UNLESS INTERRUPTED BY WRITTEN RESIGNATION OR EXPULSION IN ACCORDANCE WITH USGA BY-LAWS. ACCEPTANCE OF MEMBERSHIP BINDS EACH MEMBER CLUB TO UPHOLD ALL PROVISIONS OF THE USGA'S CERTIFICATE OF INCORPORATION, BY-LAWS AND OTHER RULES, TO ACCEPT AND ENFORCE ALL RULES AND DECISIONS OF THE EXECUTIVE COMMITTEE ACTING WITHIN ITS JURISDICTION AND TO OTHERWISE CONDUCT ITSELF IN A MANNER THAT FURTHERS THE INTERESTS OF THE USGA TO PROMOTE THE BEST INTERESTS AND TRUE SPIRIT OF THE GAME OF GOLF. (THE USGA IS ORGANIZED AND EXISTS UNDER THE NON-PROFIT CORPORATION LAWS OF THE STATE OF DELAWARE. THE USGA IS A NON-STOCK ENTITY.) FORM 990, PART VI, SECTION A, LINE 7A THE EXECUTIVE COMMITTEE IS THE GOVERNING BODY OF THE USGA. THE EXECUTIVE COMMITTEE CONSISTS OF 15 VOTING MEMBERS, INCLUDING ONE OFFICER. EACH MEMBER OF THE EXECUTIVE COMMITTEE IS ELECTED TO A SET TERM WITH A SET AMOUNT OF TERM LIMITS AT THE ANNUAL MEETING OF THE USGA AND HOLDS OFFICE UNTIL HIS OR HER TERM EXPIRES OR UNTIL HIS OR HER RESIGNATION OR REMOVAL. EACH MEMBER CLUB IS ENTITLED TO BE REPRESENTED BY ONE VOTING DELEGATE AT THE ANNUAL MEETING OF THE USGA. DULY CERTIFIED PROXIES MAY BE VOTED BY VOTING DELEGATES AT THE ANNUAL MEETING OF THE USGA. FORM 990, PART VI, SECTION A, LINE 7B THE USGA BY-LAWS PROVIDE THAT THEY MAY BE ALTERED OR REPEALED BY MEMBER CLUBS ACTING PURSUANT TO THE BY-LAWS. FORM 990, PART VI, SECTION B, LINE 11B THE FEDERAL FORM 990 IS COMPILED BY THE USGA'S TAX FIRM, GRANT THORNTON ADVISORS. AFTER THE USGA'S TAX FIRM, GRANT THORNTON ADVISORS, HAS THOROUGHLY REVIEWED THE FEDERAL FORM 990 AND DEEMED IT TO BE ACCURATE AND COMPLETE, THE FEDERAL FORM 990 IS REVIEWED WITH THE CEO AND THE AUDIT COMMITTEE. BEFORE THE FEDERAL FORM 990 IS SIGNED BY AN OFFICER AND SUBMITTED TO THE IRS, A FULL COPY OF THE DOCUMENT, INCLUDING ALL ATTACHMENTS, IS PROVIDED TO EACH VOTING MEMBER OF THE EXECUTIVE COMMITTEE. FORM 990, PART VI, SECTION B, LINE 12C THE USGA REQUIRES EXECUTIVE COMMITTEE MEMBERS AND USGA EMPLOYEES TO ADMINISTER THEIR AFFAIRS HONESTLY AND EFFICIENTLY, EXERCISING DUE CARE, SKILL AND JUDGMENT FOR THE BENEFIT OF THE USGA. IT IS THE RESPONSIBILITY OF EXECUTIVE COMMITTEE MEMBERS AND USGA EMPLOYEES TO MAKE A FULL DISCLOSURE OF ANY PERSONAL INVOLVEMENT WHICH MIGHT RESULT IN A CONFLICT OF INTEREST OR THE APPEARANCE OF A CONFLICT OF INTEREST ON THEIR PART. SUCH DISCLOSURES ARE SUBMITTED TO THE AUDIT COMMITTEE CHAIR AND/OR THE CHIEF LEGAL OFFICER FOR REVIEW AND CONSIDERATION AS PER STATED PROCEDURES. ADDITIONALLY, ONCE A YEAR, THE USGA REQUIRES EXECUTIVE COMMITTEE MEMBERS AND USGA EMPLOYEES TO REVIEW THE USGA'S CONFLICT OF INTEREST POLICY AND SUBMIT A STATEMENT ATTESTING TO THEIR UNDERSTANDING OF AND COMPLIANCE WITH THE POLICY. ANY CONFLICT OF INTEREST OR THE APPEARANCE OF A CONFLICT OF INTEREST MUST BE INCLUDED ON THE SUBMITTED STATEMENT. THE AUDIT COMMITTEE REVIEWS THE STATEMENTS AND MAKES ANY NECESSARY DECISIONS TO MANAGE AND/OR ELIMINATE THE CONFLICTS. FORM 990, PART VI, SECTION B, LINE 15 ON A PERIODIC BASIS, THE USGA DOES A THOROUGH REVIEW OF COMPENSATION FOR THE CEO AND THE EXECUTIVE TEAM. THIS REVIEW INCLUDES A COMPENSATION SURVEY BY AN INDEPENDENT COMPENSATION CONSULTANT, AND CONSIDERATION OF COMPARABILITY DATA OBTAINED FROM OTHER SOURCES. THE SURVEY AND DATA ARE CAREFULLY CONSIDERED BY THE USGA'S COMPENSATION COMMITTEE TO ENSURE THAT COMPENSATION IS REASONABLE AND APPROPRIATE. MERCER PREPARED AN "EXECUTIVE CASH COMPENSATION UPDATE" (INTERMEDIATE SANCTIONS) REPORT DATED OCTOBER 30, 2024. THIS REPORT WOULD HAVE BEEN USED TO MAKE COMPENSATION DECISIONS FOR USGA EXECUTIVES FOR CALENDAR YEAR 2025. SUBSTANTIATION OF THE DELIBERATION AND DECISION OF THE COMPENSATION COMMITTEE IS MAINTAINED IN THE MEETING MINUTES. IN ADDITION, EMPLOYEES OF THE USGA UNDERGO A THOROUGH EVALUATION PROCESS AT THE END OF EACH YEAR. PERFORMANCE AND GOALS ARE CAREFULLY REVIEWED AND DOCUMENTED, THEN DISCUSSED WITH THE EMPLOYEE. MERIT INCREASES AND BONUS AWARDS ARE DETERMINED BASED ON THESE EVALUATIONS. FORM 990, PART VI, SECTION B, LINE 16B THE USGA DOES NOT CURRENTLY HAVE ANY JOINT VENTURES BUT MAINTAIN A JOINT VENTURES POLICY TO ENSURE THAT ALL ARRANGEMENTS ARE CONSISTENT WITH THE ORGANIZATION'S TAX EXEMPT STATUS UNDER IRC SECTION 501(C)(3). SPECIFICALLY, THE PURPOSE OF THE POLICY IS TO SET FORTH GUIDELINES TO HELP ENSURE THAT ARRANGEMENTS WITH FOR-PROFIT ENTITIES WILL NOT JEOPARDIZE THE USGA'S TAX EXEMPT STATUS. FORM 990, PART VI, SECTION C, LINE 19 THE USGA'S MOST RECENT FORM 990 AND ANNUAL REPORT ARE VIEWABLE BY THE PUBLIC ON USGA.ORG EACH YEAR. THE USGA MAKES THE FOLLOWING DOCUMENTS AVAILABLE TO THE PUBLIC BY PROVIDING THEM TO GUIDESTAR TO POST ON THEIR WEBSITE AT WWW.GUIDESTAR.ORG: FEDERAL FORM 990. THE USGA ALSO MAKES ITS 1023 FORM, IRS LETTER OF DETERMINATION AND 990-T AVAILABLE TO THE PUBLIC "UPON REQUEST" AT ITS HEADQUARTERS LOCATION IN NEW JERSEY, DURING NORMAL BUSINESS HOURS. THE USGA MAKES ITS AUDITED FINANCIALS AND CONFLICT OF INTEREST POLICY AVAILABLE "UPON REQUEST AND ITS HEADQUARTERS LOCATION IN NEW JERSEY, DURING NORMAL BUSINESS HOURS, AT MANAGEMENTS DISCRETION. FORM 990, PART VI, LINE 4 - 2024 AMENDMENT OF BYLAWS: THE BYLAWS OF USGA WERE AMENDED, EFFECTIVE AS OF NOVEMBER 12, 2024, TO REFLECT THE FOLLOWING: (I) REMOVED CERTAIN TERMINOLOGY AND DATES THAT WERE USED FOR TRANSITIONAL PURPOSES IN THE PREVIOUS VERSION OF THE BYLAWS; (II) (II) THE TERM OF THE SPECIAL MEMBER WILL BE A TWO-YEAR TERM (PREVIOUSLY THREE-YEAR TERM) AND CLARIFIED THAT ONCE ELECTED AS SPECIAL MEMBER, THAT INDIVIDUAL IS NOT ELIGIBLE TO SERVE FOR ADDITIONAL TERMS AS A REGULAR MEMBER; (III) (III) THE OFFICE OF THE PRESIDENT-ELECT WILL BE ELECTED ONE YEAR BEFORE THE ANNUAL MEETING AT WHICH THE TWO-YEAR TERM OF THE SPECIAL MEMBER WILL EXPIRE; (IV) (IV) THE AUDIT COMMITTEE RESPONSIBILITIES HAVE BEEN SUBSUMED INTO THE NEWLY NAMED FINANCE, AUDIT & RISK COMMITTEE AND THE NAME OF THE COMPENSATION COMMITTEE CHANGED TO COMPENSATION & LEADERSHIP DEVELOPMENT COMMITTEE; (V) (V) THE PRESIDENT HAS THE DISCRETION TO APPOINT A FOURTH EXECUTIVE COMMITTEE MEMBER TO THE NOMINATING COMMITTEE AND TO APPOINT ANY EXECUTIVE COMMITTEE MEMBER SERVING ON THE NOMINATING COMMITTEE AS CHAIR OF SUCH COMMITTEE; AND (VI) (VI) BEGINNING AT THE 2026 ANNUAL MEETING, THE TWO OUTSIDE MEMBERS THAT WILL SERVE ON THE NOMINATING COMMITTEE SHALL INCLUDE THE IMMEDIATE PAST PRESIDENT AND PAST PRESIDENT ONCE REMOVED. PLEASE NOTE ABOVE CHANGES ARE NOT CONSIDERED SIGNIFICANT, BUT USGA IS REPORTING THEM FOR TRANSPARENCY PURPOSES. FORM 990, PART IX, LINE 11G: EXPENSES INCLUDE VARIOUS PROFESSIONAL SERVICES, INCLUDING BUT NOT LIMITED TO TV AND VIDEO PRODUCTION, FREELANCE PHOTOGRAPHY, AND PUBLIC RELATIONS/BRAND BUILDING EXPENSES, AS WELL AS TEMPORARY STAFFING ON IT. FORM 990, PART XI, LINE 9: FASB 158 ADOPTION -10,019,961. NET ASSETS RELEASED FROM RESTRICTION 3,565,000. INTEREST CHARGES BOOKED TO NON-OPERATING 371,081. THE USGA FOUNDATION 77 LIBERTY CORNER ROAD LIBERTY CORNER NJ 07938 834639721 SUPPORTING NJ 501(C)(3) LINE 12A, I USGA 1 0 0 0 0 0 0 0 0 0 0 0 1 1 1 1 0 1 0 1 USGA FOUNDATION S 2100000 BOOK SCHEDULE R, PART II - RELATED EXEMPT ORGANIZATION THE USGA FOUNDATION (THE "FOUNDATION") WAS INCORPORATED ON MARCH 15, 2019. THE FOUNDATION WAS CREATED UNDER 501(C)(3) OF THE INTERNAL REVENUE CODE OF 1986 AS A TYPE 1 SUPPORTING ORGANIZATION OF THE USGA. THE FOUNDATION'S PRIMARY OBJECTIVE IS TO PROVIDE FINANCIAL SUPPORT TO THE UNITED STATES GOLF ASSOCIATION AS IT CARRIES OUT ITS PROGRAMS, ACTIVITIES AND PROJECTS DESIGNED TO ADVANCE ITS CHARITABLE MISSION.