2019-08-15T15:22:02-05:00 2018-09-30 KPMG LLP 550 S Hope St Suite 1500 Los Angeles CA 90071 990 2017-10-01 061554474 Tiger Woods Charity Event Corporation % HOOD & BURCH TIGE 9497253003 121 Innovation Drive Suite 150 Irvine CA 92617 RICK SINGER PRESIDENT/CEO/SEC 2019-08-15 true CAREY MCKEE P01281067 2139724000 2019-08-15 167.68.102.5 95488420192275000001 2019-08-15 P 164FA9FDD4A18A30677B9C9ED78991B59AF5BA8D 164FA9FDD4A18A30677B9C9ED78991B59AF5BA8D 2017 2019-02-21 02:37:17Z RICK SINGER 121 Innovation Drive Suite 150 Irvine CA 92617 59220977 false X WWW.TGRFOUNDATION.ORG X 1999 CA OPERATES CHARITABLE EVENTS TO SUPPORT PROGRAMS OF TIGER WOODS FOUNDATION, INCLUDING SCHOOL FACILITIES, TEACHER TRAINING AND PROVIDING EDUCATIONAL OPPORTUNITIES FOR YOUTH. 2 1 45 2392 0 1784876 1723558 55755847 55500940 56139 39827 936935 1175019 58533797 58439344 3032050 3913550 0 0 3851251 3522196 0 0 474835 51626478 50965079 58509779 58400825 24018 38519 17763349 14722620 16939616 13860368 823733 862252 X TO 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. false false 57700789 3913550 55500940 TIGER WOODS INVITATIONAL 2017 PRESENTED BY USLI THE TIGER WOODS INVITATIONAL PRESENTED BY USLI FEATURES THREE DAYS OF GOLF ON THE MONTEREY PENINSULA. THE 2017 TIGER WOODS INVITATIONAL WAS HELD OCTOBER 9-11, AND FEATURED MORE THAN 100 AMATEUR GOLFERS WHO COMPETED ON SPYGLASS HILL GOLF COURSE, MONTEREY PENINSULA COUNTRY CLUB AND PEBBLE BEACH GOLF LINKS. IN ADDITION TO THE GOLF, GUESTS WERE ALSO TREATED TO A PRACTICE SESSION ON THE DRIVING RANGE FEATURING EVENT HOST TIGER WOODS AND PGA TOUR PROFESSIONAL KEVIN CHAPPELL. PROCEEDS FROM THE EVENT SUPPORTED TGR FOUNDATION'S EDUCATIONAL PROGRAMS. CONTINUED ON SCHEDULE O. 57700789 true true false false false false false false false false false false true true false false true false false true false false false true true false true false true false false false false false false false false true true false false false true false false false true X 91 1 true 45 true false false false false false true true false false false false false X 2 1 false false false false false true false true true false false true true true true true true true true false CA X HOOD BURCH 7149954833 10833 VALLEY VIEW STREET STE 470 CYPRESS CA 90630 X CHRIS HUBMAN DIRECTOR 1.0 1.0 X 0 0 0 RICK SINGER PRESIDENT/CEO/SEC 40.0 25.0 X X 443800 154500 49657 JIN C THATCHER TREASURER 10.0 45.0 X 0 231780 31821 MICHELLE A BEMIS VP OF EVENTS & BUSINESS DEV 45.0 0.0 X 230980 0 16854 MICHAEL ANTOLINI VP CHAMPIONSHIPS 45.0 0.0 X 217400 0 22058 DANIEL F CALLAHAN ASSOCIATE VP CORP PARTNERS 45.0 0.0 X 197786 0 43213 DAVID S KLEWAN GENERAL MGR/GENESIS OPEN 45.0 0.0 X 183800 0 29181 AARON MOSZER DIRECTOR, CORPORATE RELATIONS 40.0 0.0 X 165550 0 27970 1439316 386280 220754 11 false true false Angel City Design 9748 Variel Ave LOS ANGELES CA 91311 DECORATION SERVICES 324341 Club Car LLC 4125 Washington Road EVANS GA 30809 GOLF CAR RENTALS 228852 Excel Sports Management LLC 1700 Broadway 29th Floor NEW YORK NY 10019 MARKETING 330000 Levy Prom Golf LLC 484 Inwood Avenue OAKDALE MN 55128 FOOD SERVICES 683165 HDO Productions 6150 W Howard Street NILES IL 60714 TENT RENTALS 230000 5 407030 1316528 195360 1723558 PROGRAM SERVICES 900099 55500940 55500940 55500940 40182 40182 0 0 0 0 0 29418 29773 -355 -355 -355 385038 407030 512419 -127381 -127381 1309990 239441 1070549 1070549 0 0 0 REIMBURSEMENTS 900099 157696 157696 REFUNDS AND REBATES 900099 71419 71419 MISC INCOME 900099 2736 2736 231851 58439344 55500940 1214846 3913550 3913550 0 0 0 448250 313775 89650 44825 0 2476509 2079037 81478 315994 86074 70288 5078 10708 324660 265117 19155 40388 186703 152819 10900 22984 0 17289 17289 63032 54835 2637 5560 0 0 0 1305917 1284267 6965 14685 16338885 16338885 754529 754244 91 194 1452 1452 0 159751 133523 8438 17790 246507 246414 30 63 0 71008 70634 120 254 0 0 0 72361 72361 TOURNAMENT PRIZES 17800000 17800000 TOURNAMENT OPERATIONS 6184510 6182461 659 1390 TOURNAMENT HOSPITALITY 5030744 5030744 OTHER EXP - TOURNAMENTS 2135146 2135146 783948 783948 58400825 57700789 225201 474835 2203 1957 8241027 3452262 655780 1494144 0 0 0 0 0 0 0 0 53901 25817 8379705 8789623 0 0 0 0 0 0 0 0 0 0 430733 958817 17763349 14722620 3999265 1602640 0 0 12193260 12257728 0 0 0 0 0 0 0 0 0 0 747091 0 16939616 13860368 X 823733 862252 0 0 0 0 823733 862252 17763349 14722620 38519 X false true X true false X X 1 TIGER WOODS FOUNDATION INC 200677815 2 true 3913550 0 1 3913550 false false false false false false false false false false false false false false false true DUE FROM AFFILIATES 958817 958817 0 0 58318170 36522 36522 58281648 157696 157696 58439344 58279651 36522 36522 58243129 157696 157696 58400825 REVENUE ON FINANCIALS, NOT INCLUDED ON FORM 990 PART XI, LINE 2D RAFFLE PRIZE REPORTED NET OF REVENUE ON FORM 990 $36,522 REVENUE INCLUDED ON FORM 990, NOT ON AUDITED FINANCIALS PART XI, LINE 4B GROSS-UP EXPENSES NETTED AGAINST MISC. REVENUE ON FINANCIALS $157,696 EXPENSES ON FINANCIALS NOT INCLUDED ON FORM 990 PART XII,LINE 2D RAFFLE PRIZE REPORTED NET OF REVENUE ON FORM 990 $36,522 EXPENSES INCLUDED ON FORM 990, NOT ON AUDITED FINANCIAL STATEMENTS PART XII, LINE 4B GROSS UP EXPENSES NETTED AGAINST MISC. REVENUE ON FINANCIALS $157,696 Central America and the Caribbean 1 Program Services HERO WORLD CHALLANGE 11790211 Central America and the Caribbean Fundraising N/A 93134 1 1 11883345 11883345 false false false false false false PART I, LINE 3, COLUMN F THE EXPENDITURES REPORTED IN COLUMN F ARE REPORTED ON THE ACCRUAL BASIS OF ACCOUNTING. TIGER JAM AUC 675943 364106 311837 362068 TWI AUCTION 116125 42924 73201 150351 0 792068 407030 385038 512419 512419 -127381 1309990 35000 51034 113937 39470 false 1309990 35000 51034 113937 39470 239441 1070549 NV false SEE SUPPLEMENTAL PAGE false true false 1.00000 RICK SINGER 121 INNOVATION DRIVE SUITE 150 IRVINE CA 92617 true 550000 75173 MGM RESORTS INTERNATIONAL PO BOX 748137 LOS ANGELES CA 90074 RICK SINGER OVERALL SUPERVISION OF GAMING OPERATIONS X false SCHEDULE G, PART III, LINE 9B EXPLANATION A CHARITY POKER TOURNAMENT WAS HELD IN NEVADA IN CONJUNCTION WITH TIGER 2018 CHARITY FUNDRAISING EVENT. GAMING WAS OPERATED THROUGH A THIRD PARTY, MGM GRAND RESORTS INTERNATIONAL. ANOTHER CHARITY POKER TOURNAMENT AND RAFFLE WERE HELD IN CONJUNCTION WITH THE HERO WORLD CHALLENGE GOLF TOURNAMENT. GAMING WAS OPERATED THROUGH AN INTERNATIONAL THIRD PARTY, ALBANY RESORTS. SCHEDULE G, PART III, LINE 15 ADDITIONAL GAMING CONTRACTOR AMOUNT OF GAMING REVENUE RECEIVED BY ORGANIZATION: $535,000 AMOUNT OF GAMING REVENUE RETAINED BY THE THIRD PARTY: $38,765 NAME OF THIRD PARTY: ALBANY RESORTS ADDRESS OF THIRD PARTY: SOUTH OCEANA BOULEVARD, NEW PROVIDENCE BAHAMAS true Tiger Woods Foundation 1 TIGER WOODS WAY ANAHEIM CA 92801 200677815 501(C)(3) 3913550 N/A N/A YOUTH DEVELOPMENT 1 PROCEDURES FOR MONITORING THE USE OF GRANT FUNDS PART I, LINE 2 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. false false false true false false false false false RICK SINGER PRESIDENT/CEO/SEC 358800 154500 85000 0 0 0 10800 0 38857 0 493457 154500 0 0 JIN C THATCHER TREASURER 0 189780 0 42000 0 0 0 7640 0 24181 0 263601 0 0 MICHELLE A BEMIS VP OF EVENTS & BUSINESS DEV 190980 0 40000 0 0 0 7640 0 9214 0 247834 0 0 0 MICHAEL ANTOLINI VP CHAMPIONSHIPS 179400 0 38000 0 0 0 6600 0 15458 0 239458 0 0 0 DANIEL F CALLAHAN ASSOCIATE VP CORP PARTNERS 127518 0 70268 0 0 0 5150 0 38063 0 240999 0 0 0 DAVID S KLEWAN GENERAL MGR/GENESIS OPEN 173800 0 10000 0 0 0 7000 0 22181 0 212981 0 0 0 AARON MOSZER DIRECTOR, CORPORATE RELATIONS 148150 0 17400 0 0 0 5476 0 22494 0 193520 0 0 0 Compensation from Related Organizations THE PRESIDENT, SECRETARY AND CEO, RICK SINGER 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. FORM 990, SCHEDULE J, PART I, LINE 3: THE 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 FORM 990, SCHEDULE J, PART I, LINE 5A The 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 $50,268 and are included in column (B)(ii) in Part II. X 6 15150 RETAIL VALUE X 4055 RETAIL VALUE X 2 91645 RETAIL VALUE X 28 39750 RETAIL VALUE X Concert & Event Tickets 25 29201 RETAIL VALUE X Sports Equipment 13 11274 RETAIL VALUE X Jewelry 2 2350 RETAIL VALUE X Wine 3 1935 RETAIL VALUE false false false PART I, COLUMN (B) NUMBER OF CONTRIBUTORS OR ITEMS RECEIVED THE NUMBERS REPORTED IN COLUMN (B) REPRESENT THE NUMBER OF CONTRIBUTORS RECEIVED NOT THE NUMBER OF ITEMS. PROGRAM SERVICE ACCOMPLISHMENTS FORM 990, PART III, LINE 4A, CONTINUED HERO WORLD CHALLENGE 2017 HELD NOV. 30-DEC. 3, 2017, THE HERO WORLD CHALLENGE TOOK PLACE AT ALBANY, BAHAMAS IN PARTNERSHIP WITH TAVISTOCK GROUP. THE TOURNAMENT FEATURED 18 OF THE WORLD'S TOP RANKED PGA TOUR GOLFERS. THE HERO WORLD CHALLENGE LIVED UP TO THE BUILD-UP AND EXCITEMENT OF TOP PLAYERS, AS RICKIE FOWLER SHOT A COURSE-RECORD 61 IN THE FINAL ROUND TO EARN THE VICTORY. PROCEEDS FROM THE EVENT SUPPORTED TGR FOUNDATION'S EDUCATIONAL PROGRAMS. TIGER JAM 2018 ON MAY 18-19, 2018 TIGER JAM RETURNED TO LAS VEGAS FOR ITS 20TH ANNUAL FUNDRAISER, A TWO-DAY CHARITY EVENT AT THE MGM GRAND HOTEL AND CASINO. TIGER WOODS HELD A GOLF EXHIBITION ON THE RANGE FRIDAY AT SHADOW CREEK, FOLLOWED BY TIGER'S POKER NIGHT WHERE CELEBRITIES FROM THE WORLD POKER TOUR PARTICIPATED FOR CHARITY. A DINNER AND AUCTION WAS FOLLOWED BY A CONCERT FEATURING MULTI-GRAMMY AWARD WINNER TRAIN. GUESTS ENDED THE NIGHT AT TOPGOLF LAS VEGAS. PROCEEDS FROM TIGER JAM SUPPORTED THE EDUCATIONAL PROGRAMS OF TGR FOUNDATION. QUICKEN LOANS NATIONAL 2018 HELD AT TPC POTOMAC IN BETHESDA, MD FROM JUNE 25-JULY 1, 2018, THIS PREMIER PGA TOUR EVENT WELCOMED 120 PRO GOLFERS TO COMPETE FOR THE QUICKEN LOANS NATIONAL TROPHY. FRANCESCO MOLINARI WON THE EVENT AFTER RUNNING AWAY FROM THE FIELD IN THE FINAL ROUND. CONTINUING ITS HISTORY OF MILITARY RECOGNITION, THE NATIONAL HONORED OUR NATION'S MILITARY BY PROVIDING 30,000 FREE TICKETS, HOSPITALITY, AND THE "WE SALUTE OUR HEROES" TRIBUTE WALL. PROCEEDS FROM THE QUICKEN LOANS NATIONAL BENEFITED TGR FOUNDATION AND ITS EDUCATIONAL PROGRAMS. GENESIS OPEN 2018 HELD FEBRUARY 12-18, 2018 AT THE RIVIERA COUNTRY CLUB, THE GENESIS OPEN WAS HOSTED BY TIGER WOODS. FOR THE THIRD TIME, BUBBA WATSON WAS A WINNER AT RIVIERA, HOME OF THE GENESIS OPEN. WATSONS TWO SHOT VICTORY OVER THE FIELD OF 144 PLAYERS WAS HIGHLIGHTED BY A HOLE-OUT FROM THE SAND FOR BIRDIE ON THE 14TH HOLE ON SUNDAY. PROCEEDS FROM THE PGA TOUR EVENT BENEFIT THE EDUCATION PROGRAMS OF TGR FOUNDATION AS WELL AS OTHER LOCAL LOS ANGELES BASED CHARITIES. TGR FOUNDATION SUPPORTS THOUSANDS OF STUDENTS IN SOUTHERN CALIFORNIA THROUGH VARIOUS SCIENCE, TECHNOLOGY, ENGINEERING AND MATH (STEM) EDUCATION AND COLLEGE-ACCESS PROGRAMS. DONATION OF VEHICLE FORM 990, PART V, LINE 7H THE ORGANIZATION RECEIVED CONTRIBUTIONS OF AN AUTOMOBILE AND GOLF CART FROM AUTHORIZED DEALERS. THEREFORE THE DONATIONS WERE NOT OF QUALIFIED VEHICLES AND NO FORM 1098-C REPORTING WAS REQUIRED. MEMBERS OF THE ORGANIZATION FORM 990, PART VI, LINE 7A THE ORGANIZATION 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 WHICH CANNOT BE RESOLVED IS REFERRED TO THE GOVERNANCE COMMITTEE; AND (6) THE TRANSACTION OR ACTION MUST BE APPROVED BY A MAJORITY OF DISINTERESTED PERSONS. COMPENSATION DETERMINATION PROCESS 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 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) FORM 990, PART VI, LINE 15B THE COMPENSATION REVIEW AND APPROVAL PROCESS FOR OTHERS OFFICERS AND KEY EMPLOYEES IS THE SAME AS FOR THE CEO. AVAILABILITY OF DOCUMENTS FORM 990, PART VI, LINE 19 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. Audit of Financial Statements by Independent Accountant FORM 990, PART XII, LINE 2C 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. TIGER WOODS FOUNDATION INC 1 TIGER WOODS WAY ANAHEIM CA 92801 200677815 YOUTH EDU CA 2 NA false false true false false false false false false false false false false true true true true false false