MASTERS TOURNAMENT FOUNDATION INC: Form 990PF, tax year 2024

View the entire original 990 at ProPublica ↗

Organization
MASTERS TOURNAMENT FOUNDATION INC (EIN 27-4452110)
Tax period
2024-01-01 to 2024-12-31
Filed
2025-11-17
IRS object ID
202503219349103610
Schema version
2024v5.2
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2025-11-17T11:32:20-06:00ReturnTs
Tax Period End2024-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN861065772PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1DELOITTE TAX LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line11230 PEACHTREE STREET NE SUITE 3100AddressLine1Txt
CityATLANTACityNm
State AbbreviationGAStateAbbreviationCd
ZIP30309ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2024-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN274452110EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1MASTERS TOURNAMENT FOUNDATION INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlMASTBusinessNameControlTxt
Phone7066676000PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 2444AddressLine1Txt
CityAUGUSTACityNm
State AbbreviationGAStateAbbreviationCd
ZIP30903ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonKELLY FLANAGANPersonNm
Person TitleCFOPersonTitleTxt
Phone7066676000PhoneNum
Signature2025-11-17SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (1)IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonANDREW K MAUDEPreparerPersonNm
PTINP00706613PTIN
Phone4042201500PhoneNum
FieldValueIRS element (for citing)
Tax2024TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$18,314,880FMVAssetsEOYAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$15,686,077ContriRcvdRevAndExpnssAmt
Dividends Rev And Expnss$1,941,525DividendsRevAndExpnssAmt
Dividends Net Invst Incm$1,941,525DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss$6,404,099NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$56,720,790GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm$6,404,099CapGainNetIncmNetInvstIncmAmt
Other Income Rev And Expnss$10,575,311OtherIncomeRevAndExpnssAmt
Other Income Net Invst Incm$1,712,811OtherIncomeNetInvstIncmAmt
Other Income Adj Net Incm$10,575,311OtherIncomeAdjNetIncmAmt
Total Rev And Expnss$34,607,012TotalRevAndExpnssAmt
Total Net Invst Incm$10,058,435TotalNetInvstIncmAmt
Total Adj Net Incm$10,575,311TotalAdjNetIncmAmt
Comp Ofcr Dir Trst Rev And Expnss$0CompOfcrDirTrstRevAndExpnssAmt
Comp Ofcr Dir Trst Net Invst Incm$0CompOfcrDirTrstNetInvstIncmAmt
Comp Ofcr Dir Trst Adj Net Incm$0CompOfcrDirTrstAdjNetIncmAmt
Comp Ofcr Dir Trst Dsbrs Chrtbl$0CompOfcrDirTrstDsbrsChrtblAmt
Legal Fees Rev And Expnss$15,011LegalFeesRevAndExpnssAmt
Legal Fees Net Invst Incm$0LegalFeesNetInvstIncmAmt
Legal Fees Adj Net Incm$15,011LegalFeesAdjNetIncmAmt
Legal Fees Dsbrs Chrtbl$0LegalFeesDsbrsChrtblAmt
Other Prof Fees Rev And Expnss$1,044,534OtherProfFeesRevAndExpnssAmt
Other Prof Fees Net Invst Incm$193,567OtherProfFeesNetInvstIncmAmt
Other Prof Fees Adj Net Incm$850,967OtherProfFeesAdjNetIncmAmt
Other Prof Fees Dsbrs Chrtbl$0OtherProfFeesDsbrsChrtblAmt
Taxes Rev And Expnss$120,819TaxesRevAndExpnssAmt
Taxes Net Invst Incm$10,454TaxesNetInvstIncmAmt
Taxes Adj Net Incm$10,819TaxesAdjNetIncmAmt
Taxes Dsbrs Chrtbl$0TaxesDsbrsChrtblAmt
Trav Conf Meeting Rev And Expnss$3,660,460TravConfMeetingRevAndExpnssAmt
Trav Conf Meeting Net Invst Incm$0TravConfMeetingNetInvstIncmAmt
Trav Conf Meeting Adj Net Incm$3,660,460TravConfMeetingAdjNetIncmAmt
Trav Conf Meeting Dsbrs Chrtbl$0TravConfMeetingDsbrsChrtblAmt
Printing And Pub Rev And Expnss$33,880PrintingAndPubRevAndExpnssAmt
Printing And Pub Net Invst Incm$0PrintingAndPubNetInvstIncmAmt
Printing And Pub Adj Net Incm$33,880PrintingAndPubAdjNetIncmAmt
Printing And Pub Dsbrs Chrtbl$0PrintingAndPubDsbrsChrtblAmt
Other Expenses Rev And Expnss$12,078,146OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm$1,702,357OtherExpensesNetInvstIncmAmt
Other Expenses Adj Net Incm$6,004,176OtherExpensesAdjNetIncmAmt
Other Expenses Dsbrs Chrtbl$6,073,970OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss$16,952,850TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$1,906,378TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Adj Net Incm$10,575,313TotOprExpensesAdjNetIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$6,073,970TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$63,692,503ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$1,673,000ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$80,645,353TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$1,906,378TotalExpensesNetInvstIncmAmt
Total Expenses Adj Net Incm$10,575,313TotalExpensesAdjNetIncmAmt
Total Expenses Dsbrs Chrtbl$7,746,970TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$46,038,341ExcessRevenueOverExpensesAmt
Net Investment Income$8,152,057NetInvestmentIncomeAmt
Adjusted Net Income$0AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Sav And Temp Cash Invst BOY$33,964,484SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$15,496,467SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$15,496,467SavAndTempCashInvstEOYFMVAmt
Acct Rcvbl$486,674AcctRcvblAmt
Acct Rcvbl BOY$8,785,033AcctRcvblBOYAmt
Acct Rcvbl EOY$486,674AcctRcvblEOYAmt
Acct Rcvbl EOYFMV$486,674AcctRcvblEOYFMVAmt
Inventories BOY$334,912InventoriesBOYAmt
Inventories EOY$170,569InventoriesEOYAmt
Inventories EOYFMV$170,569InventoriesEOYFMVAmt
Prepaid Expenses BOY$143,363PrepaidExpensesBOYAmt
Prepaid Expenses EOY$12,603PrepaidExpensesEOYAmt
Prepaid Expenses EOYFMV$12,603PrepaidExpensesEOYFMVAmt
US Government Obligations BOY$3,195,951USGovernmentObligationsBOYAmt
US Government Obligations EOY$0USGovernmentObligationsEOYAmt
US Govt Obligations EOYFMV$0USGovtObligationsEOYFMVAmt
Corporate Stock BOY$15,323,052CorporateStockBOYAmt
Corporate Stock EOY$0CorporateStockEOYAmt
Corporate Stock EOYFMV$0CorporateStockEOYFMVAmt
Corporate Bonds BOY$13,136,586CorporateBondsBOYAmt
Corporate Bonds EOY$0CorporateBondsEOYAmt
Corporate Bonds EOYFMV$0CorporateBondsEOYFMVAmt
Other Investments BOY$4,169,532OtherInvestmentsBOYAmt
Other Investments EOY$0OtherInvestmentsEOYAmt
Other Investments EOYFMV$0OtherInvestmentsEOYFMVAmt
Other Assets BOY$2,697,177OtherAssetsBOYAmt
Other Assets EOY$2,148,567OtherAssetsEOYAmt
Other Assets EOYFMV$2,148,567OtherAssetsEOYFMVAmt
Total Assets BOY$81,750,090TotalAssetsBOYAmt
Total Assets EOY$18,314,880TotalAssetsEOYAmt
Total Assets EOYFMV$18,314,880TotalAssetsEOYFMVAmt
Accounts Payable BOY$3,537,645AccountsPayableBOYAmt
Accounts Payable EOY$1,363,671AccountsPayableEOYAmt
Deferred Revenue BOY$15,549,910DeferredRevenueBOYAmt
Deferred Revenue EOY$5,295,939DeferredRevenueEOYAmt
Total Liabilities BOY$19,087,555TotalLiabilitiesBOYAmt
Total Liabilities EOY$6,659,610TotalLiabilitiesEOYAmt
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind
No Donor Rstr Net Assests BOY$50,899,887NoDonorRstrNetAssestsBOYAmt
No Donor Rstr Net Assests EOY$1,002,247NoDonorRstrNetAssestsEOYAmt
Donor Rstr Net Assets BOY$11,762,648DonorRstrNetAssetsBOYAmt
Donor Rstr Net Assets EOY$10,653,023DonorRstrNetAssetsEOYAmt
Tot Net Ast Or Fund Balances BOY$62,662,535TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$11,655,270TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$81,750,090TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$18,314,880TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$62,662,535TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$46,038,341ExcessRevenueOverExpensesAmt
Other Increases$0OtherIncreasesAmt
Subtotal$16,624,194SubtotalAmt
Other Decreases$4,968,924OtherDecreasesAmt
Tot Net Ast Or Fund Balances EOY$11,655,270TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (3 entries)

PropertyPropertyDescHow AcquiredHowAcquiredCdGross Sales PriceGrossSalesPriceAmtCost Or Other BasisCostOrOtherBasisAmtGain Or LossGainOrLossAmtGains Minus Excess Or LossesGainsMinusExcessOrLossesAmt
PUBLICLY TRADED SECURITIES-STP$44,739,925$38,842,237$5,897,688$5,897,688
PUBLICLY TRADED SECURITIES-LTP$11,699,691$11,474,454$225,237$225,237
CAPITAL GAIN DISTRIBUTIONSP$281,174$281,174$281,174
FieldValueIRS element (for citing)
Capital Gain Net Income$6,404,099CapitalGainNetIncomeAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$113,314InvestmentIncomeExciseTaxAmt
Tax Under Section511$0TaxUnderSection511Amt
Subtotal$113,314SubtotalAmt
Subtitle A Tax$0SubtitleATaxAmt
Tax Based On Investment Income$113,314TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx$107,467EstimatedPlusOvpmtIncmTxAmt
Exempt Frgn Org Tax Wthld At Srce$0ExemptFrgnOrgTaxWthldAtSrceAmt
Extsn Request Income Tax Paid$11,000ExtsnRequestIncomeTaxPaidAmt
Backup Withholding Withheld$0BackupWithholdingWithheldAmt
Total Payments And Credits$118,467TotalPaymentsAndCreditsAmt
Form2220 AttachedYes (X)Form2220AttachedInd
Es Penalty$62EsPenaltyAmt
Overpayment$5,091OverpaymentAmt
Applied To ES Tax$5,091AppliedToESTaxAmt
Refund$0RefundAmt

Statements Regarding Acty StatementsRegardingActyGrp

FieldValueIRS element (for citing)
Legislative Political Acty0LegislativePoliticalActyInd
More Than100 Spent0MoreThan100SpentInd
Form1120 POL Filed0Form1120POLFiledInd
Section4955 Organization Tax$0Section4955OrganizationTaxAmt
Section4955 Managers Tax$0Section4955ManagersTaxAmt
Tax Reimbursed$0TaxReimbursedAmt
Activities Not Previously Rpt0ActivitiesNotPreviouslyRptInd
Changes To Articles Or Bylaws0ChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Organization Dissolved Etc0OrganizationDissolvedEtcInd
Section508e Rqr SatisfiedYes (1)Section508eRqrSatisfiedInd
At Least5000 In AssetsYes (1)AtLeast5000InAssetsInd
Org Report Or Register StateGAOrgReportOrRegisterStateCd
Form990 PF Filed With Atty GenYes (1)Form990PFFiledWithAttyGenInd
Private Operating Foundation0PrivateOperatingFoundationInd
New Substantial ContributorsYes (1)NewSubstantialContributorsInd
Own Controlled EntityYes (1)OwnControlledEntityInd
Donor Advised FundYes (1)DonorAdvisedFundInd
Comply With Public Insp RqrYes (1)ComplyWithPublicInspRqrInd
Website AddressN/AWebsiteAddressTxt
Individual With BooksKELLY FLANAGANIndividualWithBooksNm
Phone7066676000PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 2444AddressLine1Txt
CityAUGUSTACityNm
State AbbreviationGAStateAbbreviationCd
ZIP30903ZIPCd
FieldValueIRS element (for citing)
Foreign Accounts Question0ForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

FieldValueIRS element (for citing)
Sale Or Exch Disqualified Prsn0SaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified Prsn0BrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified PrsnYes (1)FurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified Prsn0PayCompDisqualifiedPrsnInd
Transfer Ast Disqualified Prsn0TransferAstDisqualifiedPrsnInd
Payment To Government Official0PaymentToGovernmentOfficialInd
Acts Fail To Qlfy As Exceptions0ActsFailToQlfyAsExceptionsInd
Uncorrected Prior Acts0UncorrectedPriorActsInd
Undistributed Income PY0UndistributedIncomePYInd
Business Holdings0BusinessHoldingsInd
Jeopardy Investments0JeopardyInvestmentsInd
Uncorrected PY Jeopardy Invst0UncorrectedPYJeopardyInvstInd
Influence Legislation0InfluenceLegislationInd
Influence Election0InfluenceElectionInd
Grants To Individuals0GrantsToIndividualsInd
Grants To OrganizationsYes (1)GrantsToOrganizationsInd
Noncharitable Purpose0NoncharitablePurposeInd
Transactions Fail To Qlfy As Exc0TransactionsFailToQlfyAsExcInd
Maintained Expenditure RspnsYes (1)MaintainedExpenditureRspnsInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (11 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
FRED S RIDLEY
PO BOX 2444AUGUSTAGA30903DIRECTOR1.00$0$0$0
S TAYLOR GLOVER
PO BOX 2444AUGUSTAGA30903PRESIDENT AND CEO2.00$0$0$0
ROBERT L JOHNSTON
PO BOX 2444AUGUSTAGA30903SECRETARY AND TREASURER2.00$0$0$0
W PATRICK BATTLE
PO BOX 2444AUGUSTAGA30903DIRECTOR1.00$0$0$0
CRAIG L HEATLEY
PO BOX 2444AUGUSTAGA30903DIRECTOR1.00$0$0$0
EDWARD D HERLIHY
PO BOX 2444AUGUSTAGA30903DIRECTOR1.00$0$0$0
TERENCE F MCGUIRK
PO BOX 2444AUGUSTAGA30903DIRECTOR1.00$0$0$0
BRIAN L ROBERTS
PO BOX 2444AUGUSTAGA30903DIRECTOR1.00$0$0$0
LEE J STYSLINGER III
PO BOX 2444AUGUSTAGA30903DIRECTOR1.00$0$0$0
THOMAS C NELSON
PO BOX 2444AUGUSTAGA30903DIRECTOR1.00$0$0$0
KESSEL D STELLING JR
PO BOX 2444AUGUSTAGA30903DIRECTOR1.00$0$0$0
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Other Employee Paid Over50k0OtherEmployeePaidOver50kCnt

Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp (5 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdService TypeServiceTypeTxtCompensationCompensationAmtAddress Line1ForeignAddress/AddressLine1TxtCityForeignAddress/CityNmProvince Or StateForeignAddress/ProvinceOrStateNmCountryForeignAddress/CountryCdForeign PostalForeignAddress/ForeignPostalCd
BLACKHAWK NETWORK INC
6220 STONERIDGE MALL ROADPLEASANTONCA94588MERCHANT SERVICES$626,263
BROADCAST SERVICES INTERNATIONAL
MEDIA$613,4255311 JOHN LUCAS DRIVE UNIT 1BURLINGTONONTARIOCAL7L6A8
ADVERTISING-3 LLC
1550 MERCANTILE AVE NE 2ND FLOORALBUQUERQUENM87107MEDIA$529,650
AUGUSTA MARRIOT
2 TENTH STREETAUGUSTAGA30901HOSPITALITY$437,190
AHEAD USA
270 SAMUEL BARNET BLVDNEW BEFORDMA02745APPAREL$297,034
FieldValueIRS element (for citing)
Contractor Paid Over50k24ContractorPaidOver50kCnt

Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp

FieldValueIRS element (for citing)
Description1ASIA PACIFIC AMATEUR CHAMPIONSHIP "APAC"THE MASTERS TOURNAMENT FOUNDATION, INC. "MTF" JOINTLY FUNDS AND OVERSEES THE MANAGEMENT OF THE APAC, AN AMATEAUR GOLF EVENT AIMED AT STIMULATING GROWTH AND INSPIRING GREATER INTEREST IN THE GAME THROUGHOUT THE ASIA- PACIFIC REGION. MTF PROVIDES FUNDS FOR TRAVEL EXPENDITURES, ENTRY FEES, AND OTHER COSTS ASSOCIATED WITH PARTICIPATION IN THE TOURNAMENT FOR AMATEUR GOLFERS.Description1Txt
Expenses1$6,808,890Expenses1Amt
Description2DRIVE, CHIP, AND PUTT CHAMPIONSHIP "DCP"THE MTF JOINTLY FUNDS AND OVERSEES THE MANAGEMENT OF THE DCP, WHICH GIVES BOYS AND GIRLS AN OPPORTUNITY TO TEST THEIR SKILLS IN A FREE NATIONWIDE JUNIOR GOLF DEVELOPMENT COMPETITION AIMED AT GROWING THE GAME OF GOLF. MTF PROVIDES FUNDS FOR TRAVEL EXPENDITURES, ENTRY FEES, AND OTHER COSTS ASSOCIATED WITH PARTICIPATION IN THE TOURNAMENT FOR AMATEUR GOLFERS.Description2Txt
Expenses2$2,977,762Expenses2Amt
Description3LATIN AMERICAN AMATEUR CHAMPIONSHIP "LAAC"THE MTF JOINTLY FUNDS AND OVERSEES THE MANGEMENT OF THE LAAC, AN AMATEUR GOLF EVENT AIMED AT STIMULATING GROWTH AND INSPIRING GREATER INTEREST IN THE GAME THROUGHOUT SOUTH AMERICA, CENTRAL AMERICA, MEXICO, AND THE CARIBBEAN. MTF PROVIDES FUNDS FOR TRAVEL EXPENDITURES, ENTRY FEES, AND OTHER COSTS ASSOCIATED WITH PARTICIPATION IN THE TOURNAMENT FOR AMATEUR GOLFERS.Description3Txt
Expenses3$5,004,187Expenses3Amt

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$35,982,701AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$26,984,019AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$62,966,720TotalFMVOfUnusedAssetsAmt
Reduction Claimed$0ReductionClaimedAmt
Acquisition Indebtedness$0AcquisitionIndebtednessAmt
Adjusted Total FMV Of Unused Ast$62,966,720AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$944,501CashDeemedCharitableAmt
Net Vl Noncharitable Assets$62,022,219NetVlNoncharitableAssetsAmt
Minimum Investment Return$3,101,111MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$3,101,111MinimumInvestmentReturnAmt
Tax Based On Investment Income$113,314TaxBasedOnInvestmentIncomeAmt
Total Tax$113,314TotalTaxAmt
Distributable Before Adj$2,987,797DistributableBeforeAdjAmt
Recoveries Qualfied Distri$0RecoveriesQualfiedDistriAmt
Distributable Before Ded$2,987,797DistributableBeforeDedAmt
Deduction From Distributable$0DeductionFromDistributableAmt
Distributable As Adjusted$2,987,797DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

FieldValueIRS element (for citing)
Expenses And Contributions$7,746,970ExpensesAndContributionsAmt
Program Related Invst Total$0ProgramRelatedInvstTotalAmt
Qualifying Distributions$7,746,970QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$2,987,797DistributableAsAdjustedAmt
Undistributed Income PY$0UndistributedIncomePYAmt
Total For Prior Years$0TotalForPriorYearsAmt
Excess Distribution Cyov Yr5$18,217,113ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr4$15,019,366ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3$11,609,685ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2$16,086,540ExcessDistributionCyovYr2Amt
Total Excess Distribution Cyov$60,932,704TotalExcessDistributionCyovAmt
Qualifying Distributions$7,746,970QualifyingDistributionsAmt
Applied To Year1$0AppliedToYear1Amt
Applied To Prior Years$0AppliedToPriorYearsAmt
Treated As Distri From Corpus$0TreatedAsDistriFromCorpusAmt
Applied To Current Year$2,987,797AppliedToCurrentYearAmt
Remaining Distri From Corpus$4,759,173RemainingDistriFromCorpusAmt
Excess Distri Cyov App CY Corpus$0ExcessDistriCyovAppCYCorpusAmt
Excess Distribution Cyov App CY$0ExcessDistributionCyovAppCYAmt
Total Corpus$65,691,877TotalCorpusAmt
Prior Year Undistributed Incm$0PriorYearUndistributedIncmAmt
Prior Year Deficiency Or Tax$0PriorYearDeficiencyOrTaxAmt
Taxable1$0Taxable1Amt
Taxable2$0Taxable2Amt
Undistributed Income CY$0UndistributedIncomeCYAmt
Corpus Distri170b1 E Or4942g3$0CorpusDistri170b1EOr4942g3Amt
Excess Distri Cyov From Yr5$18,217,113ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr$47,474,764ExcessDistriCyovToNextYrAmt
Excess From Year4$15,019,366ExcessFromYear4Amt
Excess From Year3$11,609,685ExcessFromYear3Amt
Excess From Year2$16,086,540ExcessFromYear2Amt
Excess From Current Year$4,759,173ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Only Contri To PreselectedYes (X)OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (11 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient RelationshipRecipientRelationshipTxtRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
CAF AMERICA
1800 DIAGONAL ROAD SUITE 150ALEXANDRIAVA22314NONEPCFOSTER SPORT OF GOLF$108,000
FIRST TEE OF AUGUSTA
3165 DAMASCUS ROADAUGUSTAGA30909NONEPCFOSTER SPORT OF GOLF$400,000
MASTERS TOURNAMENT CHARITIES INC
2604 WASHINGTON ROADAUGUSTAGA30903RELATED PARTYPCCOMMUNITY SUPPORT, ENRICHMENT, AND FOSTER SPORT OF GOLF$62,019,503
MASTERS TOURNAMENT CHARITIES INC
2604 WASHINGTON ROADAUGUSTAGA30903RELATED PARTYPCDISTRIBUTION OUT OF CORPUS-$62,019,503
NATIONAL GOLF FOUNDATION
501 N HIGHWAY A1AJUPITERFL33477NONEPCFOSTER SPORT OF GOLF$25,000
PGA FOUNDATION INC
112 PGA TOUR BOULEVARDPONTE VEDRA BEACHFL32082NONEPCFOSTER SPORT OF GOLF$200,000
PGA TOUR FIRST TEE FOUNDATION INC
1300 SAWGRASS VILLAGE CIRCLE BLDG 4PONTE VEDRA BEACHFL32082NONEPCFOSTER SPORT OF GOLF$500,000
THE ENVIRONMENTAL INSTITUTE FOR GOLF
1421 RESEARCH PARK DRIVELAWRENCEKS66049NONEPCFOSTER SPORT OF GOLF$15,000
THE GEORGIA GOLF & ENVIRONMENTAL FOUNDATION INC
161 EAST HOWELL STREETHARTWELLGA30643NONEPCFOSTER SPORT OF GOLF$25,000
THE LPGA FOUNDATION
100 INTERNATIONAL GOLF DRIVEDAYTONA BEACHFL32124NONEPCFOSTER SPORT OF GOLF$200,000
USGA
PO BOX 870LIBERTY CORNERNJ07938NONEPCFOSTER SPORT OF GOLF$200,000
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$1,673,000TotalGrantOrContriPdDurYrAmt
Total Grant Or Contri Apprv Fut$0TotalGrantOrContriApprvFutAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$1,941,525ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Exclusion18ExclusionCd
Exclusion$6,404,099ExclusionAmt

Other Revenue Described OtherRevenueDescribedGrp (2 entries)

DescDescExclusionExclusionCdExclusionExclusionAmtRelated Or Exempt Function IncmRelatedOrExemptFunctionIncmAmt
BROADCASTING REVENUE15$1,712,811
TOURNAMENT REVENUE42$8,862,500

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Unrelated Business Taxbl Incm$0UnrelatedBusinessTaxblIncmAmt
Exclusion$10,058,435ExclusionAmt
Related Or Exempt Function Incm$8,862,500RelatedOrExemptFunctionIncmAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$18,920,935TotalIncomeProducingActyAmt

Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp

Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp

FieldValueIRS element (for citing)
Line Number11BLineNumberTxt
Relationship StatementSEE PART VIII-A AND STATEMENTS 16-19 FOR A DESCRIPTION OF THE FOUNDATION'S DIRECT CHARITABLE ACTIVITIES.RelationshipStatementTxt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

FieldValueIRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EO0TrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EO0TrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of Assets0SalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EO0PurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth Assets0RentalOfFacilitiesOthAssetsInd
Reimbursement Arrangements0ReimbursementArrangementsInd
Loans Or Loan Guarantees0LoansOrLoanGuaranteesInd
Performance Of Services Etc0PerformanceOfServicesEtcInd
Sharing Of Facilities Etc0SharingOfFacilitiesEtcInd
Relationships Nonchrtbl EOYes (1)RelationshipsNonchrtblEOInd

Relationship Schedule Detail RelationshipScheduleDetail

Organization Business Name OrganizationBusinessName

FieldValueIRS element (for citing)
Business Name Line1MASTERS TOURNAMENT CHARITIES INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Organization Type501(C)(3)OrganizationTypeDesc
Relationship DescriptionMASTERS TOURNAMENT FOUNDATION, INC. IS THE SOLE MEMBER OF MASTERS TOURNAMENT CHARITIES, INC.RelationshipDescriptionTxt

Schedule B IRS990ScheduleB

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
General RuleYes (X)GeneralRuleInd

Contributor Information ContributorInformationGrp (192 entries)

ContributorContributorNumAddress Line1ContributorUSAddress/AddressLine1TxtCityContributorUSAddress/CityNmState AbbreviationContributorUSAddress/StateAbbreviationCdZIPContributorUSAddress/ZIPCdTotal ContributionsTotalContributionsAmtPerson ContributionPersonContributionIndNoncash ContributionNoncashContributionInd
ADEBAYO O
1PO BOX 2444AUGUSTAGA30903$25,000Yes (X)
ALEX R
2PO BOX 2444AUGUSTAGA30903$5,000Yes (X)
ALEX T
3PO BOX 2444AUGUSTAGA30903$50,000Yes (X)
ANDREW J
4PO BOX 2444AUGUSTAGA30903$7,500Yes (X)
ANDREW W
5PO BOX 2444AUGUSTAGA30903$25,000Yes (X)
ANEEL B
6PO BOX 2444AUGUSTAGA30903$15,353Yes (X)
AQUAVELLA FAMILY FOUNDATION
7PO BOX 2444AUGUSTAGA30903$50,000Yes (X)
ARTURO G
8PO BOX 2444AUGUSTAGA30903$20,000Yes (X)
AUGUSTA NATIONAL INC
92604 WASHINGTON ROADAUGUSTAGA30904$7,000,000Yes (X)
AUSTIN S
10PO BOX 2444AUGUSTAGA30903$25,000Yes (X)
BARRY S
11PO BOX 2444AUGUSTAGA30903$51,198Yes (X)
BEARD PAYNE FAMILY FOUNDATION
123288 NORTHSIDE DRIVE NWATLANTAGA303051900$50,000Yes (X)
BELL FAMILY FOUNDATION
1340 VALLEY ROADATLANTAGA303051116$10,000Yes (X)
BRETT B
14PO BOX 2444AUGUSTAGA30903$25,000Yes (X)
BRUCE G
15PO BOX 2444AUGUSTAGA30903$12,500Yes (X)
CBS
1651 W 52ND ST STE 1NEW YORKNY10019$100,000Yes (X)
CHADWICK H
17PO BOX 2444AUGUSTAGA30903$25,000Yes (X)
CHARLES C
18PO BOX 2444AUGUSTAGA30903$5,000Yes (X)
CHARLES I
19PO BOX 2444AUGUSTAGA30903$10,000Yes (X)
CHARLES M
20PO BOX 2444AUGUSTAGA30903$25,000Yes (X)
CHARLES R
21PO BOX 2444AUGUSTAGA30903$10,000Yes (X)
CHARLES Y
22PO BOX 2444AUGUSTAGA30903$15,000Yes (X)
CHARLOTTA S
23PO BOX 2444AUGUSTAGA30903$5,000Yes (X)
CHRISTOPHER G
24PO BOX 2444AUGUSTAGA30903$10,000Yes (X)
CHRISTOPHER Q
25PO BOX 2444AUGUSTAGA30903$39,960Yes (X)
CHRISTOPHER R
26PO BOX 2444AUGUSTAGA30903$50,000Yes (X)
CHUCK R
27PO BOX 2444AUGUSTAGA30903$50,000Yes (X)
CLARK P
28PO BOX 2444AUGUSTAGA30903$10,000Yes (X)
CLAUDE N
29PO BOX 2444AUGUSTAGA30903$5,000Yes (X)
CLIFTON I
30PO BOX 2444AUGUSTAGA30903$15,000Yes (X)
CRAIG H
31PO BOX 2444AUGUSTAGA30903$10,000Yes (X)
DANIEL B
32PO BOX 2444AUGUSTAGA30903$10,000Yes (X)
DANIEL D
33PO BOX 2444AUGUSTAGA30903$25,000Yes (X)
DANIEL R
34PO BOX 2444AUGUSTAGA30903$100,000Yes (X)
DARREN D
35PO BOX 2444AUGUSTAGA30903$50,000Yes (X)
DAVID D
36PO BOX 2444AUGUSTAGA30903$50,886Yes (X)
DAVID G
37PO BOX 2444AUGUSTAGA30903$20,000Yes (X)
DAVID G
38PO BOX 2444AUGUSTAGA30903$25,000Yes (X)
DAVID K
39PO BOX 2444AUGUSTAGA30903$10,000Yes (X)
DAVID K
40PO BOX 2444AUGUSTAGA30903$50,000Yes (X)
DAVID O
41PO BOX 2444AUGUSTAGA30903$200,000Yes (X)
DAVID S
42PO BOX 2444AUGUSTAGA30903$21,552Yes (X)
DIANA M
43PO BOX 2444AUGUSTAGA30903$30,000Yes (X)
DOUGLAS W
44PO BOX 2444AUGUSTAGA30903$5,000Yes (X)
DOUGLAS W
45PO BOX 2444AUGUSTAGA30903$10,000Yes (X)
DOVE FAMILY FOUNDATION
46PO BOX 2444AUGUSTAGA30903$25,000Yes (X)
EDWARD B
47PO BOX 2444AUGUSTAGA30903$10,000Yes (X)
EDWARD B
48PO BOX 2444AUGUSTAGA30903$5,000Yes (X)
EDWARD H
49PO BOX 2444AUGUSTAGA30903$10,000Yes (X)
EDWARD Z
50PO BOX 2444AUGUSTAGA30903$50,000Yes (X)
EGON D
51PO BOX 2444AUGUSTAGA30903$25,000Yes (X)
ELIZABETH R
52PO BOX 2444AUGUSTAGA30903$50,895Yes (X)
ERIC K
53PO BOX 2444AUGUSTAGA30903$10,000Yes (X)
FERNANDEZ FAMILY FOUNDATION
54PO BOX 2444AUGUSTAGA30903$20,000Yes (X)
FRANK E
55PO BOX 2444AUGUSTAGA30903$5,000Yes (X)
GARY H
56PO BOX 2444AUGUSTAGA30903$50,193Yes (X)
GARY K
57PO BOX 2444AUGUSTAGA30903$10,000Yes (X)
GEOFFREY AND AMY YANG FOUNDATION
583000 SAND HILL ROAD BUILDING 2 SUITMENLO PARKCA94025$5,000Yes (X)
GEORGE D
59PO BOX 2444AUGUSTAGA30903$10,000Yes (X)
GEORGE D
60PO BOX 2444AUGUSTAGA30903$5,000Yes (X)
GEORGE J
61PO BOX 2444AUGUSTAGA30903$25,000Yes (X)
GEORGE R
62PO BOX 2444AUGUSTAGA30903$150,000Yes (X)
GEORGE S
63PO BOX 2444AUGUSTAGA30903$50,000Yes (X)
GEORGE T
64PO BOX 2444AUGUSTAGA30903$10,000Yes (X)
GREG P
65PO BOX 2444AUGUSTAGA30903$25,000Yes (X)
GREGORY P
66PO BOX 2444AUGUSTAGA30903$100,000Yes (X)
HARRIS M
67PO BOX 2444AUGUSTAGA30903$10,000Yes (X)
HEIDI U
68PO BOX 2444AUGUSTAGA30903$20,000Yes (X)
HERBERT A
69PO BOX 2444AUGUSTAGA30903$10,000Yes (X)
HOWARD H
70PO BOX 2444AUGUSTAGA30903$20,000Yes (X)
IAN R
71PO BOX 2444AUGUSTAGA30903$49,836Yes (X)
IAN W
72PO BOX 2444AUGUSTAGA30903$5,000Yes (X)
J HALEY R
73PO BOX 2444AUGUSTAGA30903$5,000Yes (X)
JAMES A
74PO BOX 2444AUGUSTAGA30903$20,000Yes (X)
JAMES D
75PO BOX 2444AUGUSTAGA30903$25,000Yes (X)
JAMES D
76PO BOX 2444AUGUSTAGA30903$100,000Yes (X)
JAMES G
77PO BOX 2444AUGUSTAGA30903$25,000Yes (X)
JAMES K
78PO BOX 2444AUGUSTAGA30903$49,984Yes (X)
JAMES R
79PO BOX 2444AUGUSTAGA30903$5,000Yes (X)
JAMES R
80PO BOX 2444AUGUSTAGA30903$10,000Yes (X)
JAMES SOWELL FOUNDATION
81PO BOX 2444AUGUSTAGA30903$25,000Yes (X)
JIM J
82PO BOX 2444AUGUSTAGA30903$10,120Yes (X)
JOE F
83PO BOX 2444AUGUSTAGA30903$5,000Yes (X)
JOHN D
84PO BOX 2444AUGUSTAGA30903$25,000Yes (X)
JOHN H
85PO BOX 2444AUGUSTAGA30903$15,000Yes (X)
JOHN K
86PO BOX 2444AUGUSTAGA30903$10,000Yes (X)
JOHN M
87PO BOX 2444AUGUSTAGA30903$10,000Yes (X)
JOHN M
88PO BOX 2444AUGUSTAGA30903$15,000Yes (X)
JOHN S
89PO BOX 2444AUGUSTAGA30903$30,032Yes (X)Yes (X)
JOHN T
90PO BOX 2444AUGUSTAGA30903$25,000Yes (X)
JOHN W
91PO BOX 2444AUGUSTAGA30903$25,000Yes (X)
JOHN-KELLY W
92PO BOX 2444AUGUSTAGA30903$10,437Yes (X)
JONATHAN D
93PO BOX 2444AUGUSTAGA30903$75,197Yes (X)Yes (X)
JUDE R
94PO BOX 2444AUGUSTAGA30903$50,000Yes (X)
KELLY F
95PO BOX 2444AUGUSTAGA30903$5,000Yes (X)
KENNETH C
96PO BOX 2444AUGUSTAGA30903$30,000Yes (X)
KESSEL S
97PO BOX 2444AUGUSTAGA30903$50,000Yes (X)
KEVIN W
98PO BOX 2444AUGUSTAGA30903$25,000Yes (X)
L KNIGHT
99PO BOX 2444AUGUSTAGA30903$25,000Yes (X)
LEONARD G
100PO BOX 2444AUGUSTAGA30903$10,000Yes (X)
LIFT A LIFE FOUNDATION DBA NOVAK FAMILY FOUNDATION
10113006 OSAGE ROADANCHORAGEKY40223$10,000Yes (X)
LOUIS G
102PO BOX 2444AUGUSTAGA30903$50,000Yes (X)
LYNN S
103PO BOX 2444AUGUSTAGA30903$5,000Yes (X)
MARK C
104PO BOX 2444AUGUSTAGA30903$5,000Yes (X)
MARK P
105PO BOX 2444AUGUSTAGA30903$10,000Yes (X)
MARK P
106PO BOX 2444AUGUSTAGA30903$15,000Yes (X)
MARY B
107PO BOX 2444AUGUSTAGA30903$60,000Yes (X)
MATTHEW R
108PO BOX 2444AUGUSTAGA30903$10,000Yes (X)
MCCOLL BROTHERS LOCKWOOD LLS
109PO BOX 2444AUGUSTAGA30903$15,000Yes (X)
MICHAEL A
110PO BOX 2444AUGUSTAGA30903$100,000Yes (X)
MICHAEL B
111PO BOX 2444AUGUSTAGA30903$10,000Yes (X)
MICHAEL C
112PO BOX 2444AUGUSTAGA30903$30,000Yes (X)
MICHAEL D
113PO BOX 2444AUGUSTAGA30903$5,000Yes (X)
MICHAEL M
114PO BOX 2444AUGUSTAGA30903$25,519Yes (X)
MICHAEL P
115PO BOX 2444AUGUSTAGA30903$100,000Yes (X)
MICHAEL T
116PO BOX 2444AUGUSTAGA30903$25,000Yes (X)
MILES W
117PO BOX 2444AUGUSTAGA30903$50,000Yes (X)
MORGAN STANLEY SMITH BARNEY LLC ACTING AS AGENT FOR DONOR
118PO BOX 2444AUGUSTAGA30903$9,938Yes (X)
MORGAN STANLEY SMITH BARNEY LLC ACTING AS AGENT FOR DONOR
119PO BOX 2444AUGUSTAGA30903$251,047Yes (X)
MORI H
120PO BOX 2444AUGUSTAGA30903$502,756Yes (X)
MR ROWLING AND THE ROWLING FOUNDATION
121PO BOX 2444AUGUSTAGA30903$50,000Yes (X)
MULALLY FAMILY TRUST
1227804 79TH AVENUE SEMERCER ISLANDWA98040$30,000Yes (X)
NAT T
123PO BOX 2444AUGUSTAGA30903$100,000Yes (X)
NATIONAL FINANCIAL SERVICES LLC ACTING AS AGENT FOR DONOR
124PO BOX 2444AUGUSTAGA30903$15,135Yes (X)
NELSON M
125PO BOX 2444AUGUSTAGA30903$15,000Yes (X)
NELSON M
126PO BOX 2444AUGUSTAGA30903$5,000Yes (X)
OCEAN AVENUE MANAGEMENT
127PO BOX 2444AUGUSTAGA30903$10,000Yes (X)
PARTICK H
128PO BOX 2444AUGUSTAGA30903$5,000Yes (X)
PATRICK D
129PO BOX 2444AUGUSTAGA30903$5,000Yes (X)
PAUL H
130PO BOX 2444AUGUSTAGA30903$20,000Yes (X)
PAUL S
131PO BOX 2444AUGUSTAGA30903$10,000Yes (X)
PEMA FOUNDATION
132PO BOX 2444AUGUSTAGA30903$10,000Yes (X)
PETER F
133PO BOX 2444AUGUSTAGA30903$50,000Yes (X)
PETER W
134PO BOX 2444AUGUSTAGA30903$25,000Yes (X)
PETER Z
135PO BOX 2444AUGUSTAGA30903$25,000Yes (X)
PHILIP P
136PO BOX 2444AUGUSTAGA30903$10,000Yes (X)
PHILIPPE L
137PO BOX 2444AUGUSTAGA30903$25,000Yes (X)
PHILLIPE L
138PO BOX 2444AUGUSTAGA30903$10,000Yes (X)
PIERRE B
139PO BOX 2444AUGUSTAGA30903$10,000Yes (X)
RACKLEY FAMILY FOUNDATION
140878 W CONWAY DRIVE NWATLANTAGA30327$25,000Yes (X)
RANDALL S
141PO BOX 2444AUGUSTAGA30903$10,000Yes (X)
RELIANCE TRUST ACTING AS AGENT FOR DONOR
142PO BOX 2444AUGUSTAGA30903$25,019Yes (X)
RICHARD P
143PO BOX 2444AUGUSTAGA30903$76,632Yes (X)
RIVER ROAD FOUNDATION
144PO BOX 2444AUGUSTAGA30903$25,000Yes (X)
ROBERT J
145PO BOX 2444AUGUSTAGA30903$25,000Yes (X)
ROBERT L
146PO BOX 2444AUGUSTAGA30903$10,000Yes (X)
ROBERT M
147PO BOX 2444AUGUSTAGA30903$5,000Yes (X)
ROBERT W
148PO BOX 2444AUGUSTAGA30903$5,000Yes (X)
ROGER G
149PO BOX 2444AUGUSTAGA30903$25,000Yes (X)
ROSE FAMILY TRUST
150PO BOX 2444AUGUSTAGA30903$25,000Yes (X)
RUSSELL L
151PO BOX 2444AUGUSTAGA30903$20,000Yes (X)
SAMUEL A
152PO BOX 2444AUGUSTAGA30903$19,899Yes (X)
SCOTT W
153PO BOX 2444AUGUSTAGA30903$31,000Yes (X)
SEAN M
154PO BOX 2444AUGUSTAGA30903$24,513Yes (X)
SHANTANU N
155PO BOX 2444AUGUSTAGA30903$25,000Yes (X)
SIEBERT WILLIAMS SHANK FOUNDATION
156PO BOX 2444AUGUSTAGA30903$25,000Yes (X)
SPARTAN CHEMICAL COMPANY
157PO BOX 2444AUGUSTAGA30903$50,000Yes (X)
STAN O
158PO BOX 2444AUGUSTAGA30903$25,000Yes (X)
STANLEY D
159PO BOX 2444AUGUSTAGA30903$100,000Yes (X)
STEPHEN B
160PO BOX 2444AUGUSTAGA30903$100,000Yes (X)
STEPHEN H
161PO BOX 2444AUGUSTAGA30903$137,640Yes (X)
STEVEN S
162PO BOX 2444AUGUSTAGA30903$10,000Yes (X)
STUART J
163PO BOX 2444AUGUSTAGA30903$7,500Yes (X)
TAYLOR G
164PO BOX 2444AUGUSTAGA30903$49,394Yes (X)
THE BEALL FAMILY FOUNDATION
165PO BOX 2444AUGUSTAGA30903$5,000Yes (X)
THE NORCLIFFE FOUNDATION
166PO BOX 2444AUGUSTAGA30903$5,000Yes (X)
THE THOMAS O AND CINDA HICKS FOUNDATION
167PO BOX 2444AUGUSTAGA30903$5,000Yes (X)
THE WILLIAM & ANNE HARRISON FOUNDATION
16874 VINEYARD LANEGREENWICHCT06831$5,000Yes (X)
THOMAS F
169PO BOX 2444AUGUSTAGA30903$25,000Yes (X)
THOMAS H
170PO BOX 2444AUGUSTAGA30903$26,589Yes (X)
THOMAS N
171PO BOX 2444AUGUSTAGA30903$50,000Yes (X)
THOMAS O
172PO BOX 2444AUGUSTAGA30903$5,000Yes (X)
THOMAS R
173PO BOX 2444AUGUSTAGA30903$50,602Yes (X)
THOMAS W
174PO BOX 2444AUGUSTAGA30903$10,000Yes (X)
TOBY S WILT FAMILY FOUNDATION
175PO BOX 50879NASHVILLETN372050879$10,000Yes (X)
TRACY & GREG JOHNSON FOUNDATION
176PO BOX 2444AUGUSTAGA30903$5,000Yes (X)
UBS FINANCIAL SERVICES ACTING AS AGENT FOR DONOR
177PO BOX 2444AUGUSTAGA30903$131,033Yes (X)
VIRGINIA R
178PO BOX 2444AUGUSTAGA30903$25,000Yes (X)
WACHTELL LIPTON ROSEN & KATZ OBO
179PO BOX 2444AUGUSTAGA30903$100,000Yes (X)
WARREN S
180PO BOX 2444AUGUSTAGA30903$100,000Yes (X)
WAYNE I
181PO BOX 2444AUGUSTAGA30903$5,000Yes (X)
WILL J
182PO BOX 2444AUGUSTAGA30903$10,000Yes (X)
WILLIAM G
183PO BOX 2444AUGUSTAGA30903$25,000Yes (X)
WILLIAM G
184PO BOX 2444AUGUSTAGA30903$20,000Yes (X)
WILLIAM H
185PO BOX 2444AUGUSTAGA30903$5,000Yes (X)
WILLIAM H
186PO BOX 2444AUGUSTAGA30903$18,000Yes (X)
WILLIAM R
187PO BOX 2444AUGUSTAGA30903$100,000Yes (X)
WILLIAM V
188PO BOX 2444AUGUSTAGA30903$10,000Yes (X)
WILLIAM W
189PO BOX 2444AUGUSTAGA30903$25,000Yes (X)
WILLIAM Y
190PO BOX 2444AUGUSTAGA30903$20,000Yes (X)
WILLIAMS M
191PO BOX 2444AUGUSTAGA30903$50,000Yes (X)
WOLFGANG R
192PO BOX 2444AUGUSTAGA30903$10,000Yes (X)

Non Cash Property Contribution NonCashPropertyContributionGrp (26 entries)

ContributorContributorNumNoncash PropertyNoncashPropertyDescFair Market ValueFairMarketValueAmtReceivedReceivedDt
6STOCK TRANSFER$15,3532024-10-09
11STOCK TRANSFER$51,1982024-10-03
25STOCK TRANSFER$39,9602024-10-08
36STOCK TRANSFER$50,8862024-10-15
42STOCK TRANSFER$21,5522024-10-18
52STOCK TRANSFER$50,8952024-10-17
56STOCK TRANSFER$50,1932024-10-18
71STOCK TRANSFER$49,8362024-10-03
78STOCK TRANSFER$49,9842024-10-02
82STOCK TRANSFER$10,1202024-10-10
89$15,032 WAS TRANSFER OF STOCK$15,0322024-10-09
92STOCK TRANSFER$10,4372024-10-10
93$50,197 WAS TRANSFER OF STOCK$75,1972024-10-09
114STOCK TRANSFER$25,5192024-10-09
11837 SHARES OF AMEX$9,9382024-10-04
119430 SHARES OF META$251,0472024-10-15
120STOCK TRANSFER$502,7562024-10-03
124157 SHARES OF NORTHERN TRUST CORP$15,1352024-10-21
142213 SHARES OF GLOBAL PAYMENTS INC.$25,0192024-11-27
143STOCK TRANSFER$76,6322024-10-08
152STOCK TRANSFER$19,8992024-10-15
161STOCK TRANSFER$137,6402024-10-25
164STOCK TRANSFER$49,3942024-10-02
170STOCK TRANSFER$26,5892024-10-07
173STOCK TRANSFER$50,6022024-10-21
177750 SHARES OF APOLLO GLOBAL MANAGEMENT$131,0332024-12-11

Expenditure Responsibility Stmt ExpenditureResponsibilityStmt

Expenditure Responsibility ExpenditureResponsibilityGrp (2 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdGrantGrantDtGrantGrantAmtPurpose Of GrantPurposeOfGrantTxtExpended By GranteeExpendedByGranteeAmtAny Diversion By GranteeAnyDiversionByGranteeTxtVerificationVerificationDtResults Of VerificationResultsOfVerificationTxtAddress Line1ForeignAddress/AddressLine1TxtAddress Line2ForeignAddress/AddressLine2TxtCityForeignAddress/CityNmCountryForeignAddress/CountryCdDates Of Reports By GranteeDatesOfReportsByGranteeTxt
MASTERS TOURNAMENT CHARITIES INC
PO BOX 2444AUGUSTAGA309032024-01-19$62,019,503COMMUNITY SUPPORT, ENRICHMENT, AND FOSTER SPORT OF GOLF$62,019,503TO THE KNOWLEDGE OF THE GRANTOR, NO FUNDS HAVE BEEN DIVERTED.2024-12-31THE FOLLOWING INFORMATION IS PROVIDED IN ACCORDANCE WITH IRC SEC. 4945(H)(3) AND REG. 53.4945-5(D) TO DEMONSTRATE THAT THE FOUNDATION EXERCISED EXPENDITURE RESPONSIBILITY IN REGARD TO THIS GRANT. THE GRANTEE IS A RELATED PARTY TO THE GRANTOR, THUS, THE GRANTOR HAS NO REASON TO DOUBT THE ACCURACY OR RELIABILITY OF THE REPORT FROM THE GRANTEE; THEREFORE, NO INDEPENDENT VERIFICATION OF THE REPORT WAS MADE.
JAPAN GOLF TOUR ORGANIZATION
2020-07-24$750,000TO SUPPORT THE GAME OF AMATEUR GOLF THROUGH THE FOSTERING OF THE GRANTEE'S SPORTS COMPETITIONS.$750,000TO THE KNOWLEDGE OF THE GRANTOR, NO FUNDS HAVE BEEN DIVERTED.2024-08-13THE FOLLOWING INFORMATION IS PROVIDED IN ACCORDANCE WITH IRC SEC. 4945(H)(3) AND REG. 53.4945-5(D) TO DEMONSTRATE THAT THE FOUNDATION EXERCISED EXPENDITURE RESPONSIBILITY IN REGARD TO THIS GRANT. THE GRANTOR HAS NO REASON TO DOUBT THE ACCURACY OR RELIABILITY OF THE REPORT FROM THE GRANTEE; THEREFORE, NO INDEPENDENT VERIFICATION OF THE REPORT WAS MADE.AKASAKA HABITATION BUILDING 5F1-3-5 AKASAKA MINATOKYOJA07/02/2021,09/04/2023, 08/13/2024

General Explanation Attachment GeneralExplanationAttachment

General Explanation GeneralExplanationGrp

FieldValueIRS element (for citing)
IdentifierSCHEDULE OF CONTROLLED ENTITIESIdentifierTxt
Form And Line ReferenceFORM 990 PF PAGE 5, PART VI- A, LINE 11FormAndLineReferenceDesc
Medium ExplanationSCHEDULE OF CONTROLLED ENTITIES 1) DCP CHAMPIONSHIP, LLC (27-4452110)ADDRESS: P.O. BOX 2444 AUGUSTA, GA 30903IS NOT AN EXCESS BUSINESS HOLDING.2) LATIN AMERICA AMATEUR CHAMPIONSHIP, LLC (27-4452110)ADDRESS: P.O. BOX 2444 AUGUSTA, GA 30903IS NOT AN EXCESS BUSINESS HOLDING.3) ASIA- PACIFIC AMATEUR CHAMPIONSHIP, LLC (27-4452110)ADDRESS: P.O. BOX 2444 AUGUSTA, GA 30903IS NOT AN EXCESS BUSINESS HOLDING.4) AUGUSTA NATIONAL WOMEN'S AMATEUR, LLC (27-4452110)ADDRESS: P.O. BOX 2444 AUGUSTA, GA 30903DESCRIPTION OF TRANSFER: ON JANUARY 19, 2024 MTF GRANTED ITS MEMBERSHIP INTEREST IN ANWA TO MASTERSTOURNAMENT CHARITIES, INC.AMOUNT OF TRANSFER: 9,837,432 IS NOT AN EXCESS BUSINESS HOLDING.MediumExplanationTxt

Legal Fees Schedule LegalFeesSchedule

Legal Fees LegalFeesGrp

FieldValueIRS element (for citing)
CategoryLEGAL FEESCategoryTxt
Legal Fees$15,011LegalFeesAmt
Net Investment Income$0NetInvestmentIncomeAmt
Adjusted Net Income$15,011AdjustedNetIncomeAmt
Disbursements Charitable Prps$0DisbursementsCharitablePrpsAmt

Other Assets Schedule OtherAssetsSchedule

Other Assets Schedule OtherAssetsScheduleGrp

FieldValueIRS element (for citing)
DescDEPOSITSDesc
BOY Book Value$2,697,177BOYBookValueAmt
EOY Book Value$2,148,567EOYBookValueAmt
EOYFMV$2,148,567EOYFMVAmt

Other Decreases Schedule OtherDecreasesSchedule

Other Decreases Detail OtherDecreasesDetail

FieldValueIRS element (for citing)
DescUNREALIZED LOSS ON INVESTMENTSDesc
Amt$4,968,924Amt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (11 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtNet Investment IncomeNetInvestmentIncomeAmtAdjusted Net IncomeAdjustedNetIncomeAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmt
INSURANCE$9,422$0$9,422$0
MEALS & ENTERTAINMENT$508,154$0$508,154$0
SUPPLIES$137,286$0$137,286$0
TV PRODUCTION EXPENSES$5,475$0$5,475$0
BROADCASTING EXPENSES$4,152,736$1,702,357$4,152,736$0
EVENT EXPENSES$6,529,589$0$455,619$6,073,970
POSTAGE$72,407$0$72,407$0
ADVERTISING$316,798$0$316,798$0
COMMUNICATIONS$46,617$0$46,617$0
UNIFORMS$112,400$0$112,400$0
MISC EXPENSES$187,262$0$187,262$0

Other Income Schedule2 OtherIncomeSchedule2

Other Income Detail OtherIncomeDetail (2 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtNet Investment IncomeNetInvestmentIncomeAmtAdjusted Net IncomeAdjustedNetIncomeAmt
BROADCASTING REVENUE$1,712,811$1,712,811$0
TOURNAMENT REVENUE$8,862,500$8,862,500

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees Detail OtherProfessionalFeesDetail (2 entries)

CategoryCategoryTxtAmtAmtNet Investment IncomeNetInvestmentIncomeAmtAdjusted Net IncomeAdjustedNetIncomeAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmt
INVESTMENT AND BANKING FEES$193,567$193,567$0$0
OTHER PROFESSIONAL FEES$850,967$0$850,967$0

Substantial Contributors Sch SubstantialContributorsSch

Substantial Contributor Detail SubstantialContributorDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1AUGUSTA NATIONAL INCBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line12604 WASHINGTON ROADAddressLine1Txt
CityAUGUSTACityNm
State AbbreviationGAStateAbbreviationCd
ZIP30904ZIPCd

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail (3 entries)

CategoryCategoryTxtAmtAmtNet Investment IncomeNetInvestmentIncomeAmtAdjusted Net IncomeAdjustedNetIncomeAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmt
FEDERAL INCOME TAX$110,000$0$0$0
MISCELLANEOUS TAXES & LICENSES$365$0$365$0
FOREIGN W/H TAXES$10,454$10,454$10,454$0

Transfers To Controlled Entities TransfersToControlledEntities

Transfers To Controlled Ent TransfersToControlledEntGrp (2 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdEINEINDescDescAmtAmt
MASTERS TOURNAMENT CHARITIES INC MTC
PO BOX 2444AUGUSTAGA30903993712591ON 1/19/24 MTF GRANTED ITS MEMBERSHIP INTEREST IN AUGUSTA NATIONAL WOMEN'S AMATEUR, LLC TO MTC$4,017,724
MASTERS TOURNAMENT CHARITIES INC MTC
PO BOX 2444AUGUSTAGA30903993712591ON DECEMBER 19, 2024, MTF GRANTED $19,571,162 OF CASH AND $38,430,617 OF INVESTMENTS TO MTC$58,001,779
FieldValueIRS element (for citing)
Total$62,019,503TotalAmt

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