2017-11-15T12:51:21-06:00 2016-12-31 Grant Thornton LLP 200 South Orange Avenue Suite 2050 Orlando FL 32801 990 2016-01-01 593085528 The LPGA Foundation % KATHRYN H MILTHORPE LPGA 3862746200 100 International Golf Drive Daytona Beach FL 32124 KATHRYN H MILTHORPE CFO 3862746200 2017-11-15 true Dawn M Olivardia P00059252 4074815100 2017-11-13 209.220.136.124 59124220173195000002 2017-11-15 P C87AE0D216A46200A65FC0FF8DEC19877942291C 6B7F49D81BE0AEDDD8EB70EFAA0A248AA1399C85 2016 2017-02-10 21:41:12Z Kathryn Milthorpe 100 International Golf Drive Daytona Beach FL 32124 5308249 false X www.lpgafoundation.org X 1991 FL To inspire, empower and transform the lives of girls and women through the game of golf. 15 12 0 800 0 0 1752137 1663732 3533068 3563509 77763 81008 0 0 5362968 5308249 605617 577101 0 0 380731 449339 0 0 45993 4218421 4443312 5204769 5469752 158199 -161503 5647439 5341395 755836 408750 4891603 4932645 X To inspire, empower and transform the lives of girls and women through the game of golf. false false 1124532 362615 139352 DEVELOP AND MAINTAIN JUNIOR GOLF PROGRAMS ACROSS THE COUNTRY. THESE PROGRAMS ARE PRIMARILY FUNDED THROUGH CONTRIBUTIONS RECEIVED BY THE FOUNDATION. 3539080 3424157 THE LPGA FOUNDATION IS INVOLVED IN CONDUCTING A TOURNAMENT ON THE LPGA TOURNAMENT SCHEDULE. THE GOLF TOURNAMENT IS OPERATED BY THE FOUNDATION AND FUNDED BY THE REVENUES RAISED THROUGH SPONSORSHIPS, PRO-AM EVENTS, HOSPITALITY, ADMISSION AND OTHER REVENUES. 248363 218955 DEVELOP AND MAINTAIN A SCHOLARSHIP PROGRAM WHICH PROVIDES ACADEMIC SCHOLARSHIPS FOR JUNIOR GOLFERS. 2031 2031 DEVELOP AND MAINTAIN A FINANCIAL ASSISTANCE FUND FOR LPGA MEMBERS AND OTHER PERSONS IN THE GOLF INDUSTRY WHO MAY BE IN NEED OF FINANCIAL ASSISTANCE AS A RESULT OF A SERIOUS ILLNESS, INJURY, OR OTHER HARDSHIP. 2031 2031 4914006 true true false false false false false false false false true false false false false true false true false false false false false false false false false true false true false false false false false false false false false false false false true true false true false true 150 0 true 0 false false false false false true true false false false false X 15 12 false false false false true true true true true false false true true true true true true true true false AZ CA FL X KATHRYN H MILTHORPE 3862746200 100 INTERNATIONAL GOLF DRIVE Daytona Beach FL 32124 X Michael Whan LPGA Commissioner 1.0 40.0 X 0 1094965 31965 Kathryn Milthorpe Treasurer (Non-Voting) 2.0 40.0 X X 0 302260 30319 Nancy Henderson President 20.0 20.0 X X 0 255316 25063 Marian Moore Secretary (Non-Voting) 2.0 40.0 X X 0 297555 21491 Lynn Connelly Chair 1.0 0.0 X X 0 0 0 John North director 1.0 0.0 X 0 0 0 Margaret Downey director 1.0 0.0 X 0 0 0 Ron Ciesla director 1.0 0.0 X 0 0 0 Christina Zacamy director 1.0 0.0 X 0 0 0 Barbara Kauffman director 1.0 0.0 X 0 0 0 Nancy Lopez director 1.0 0.0 X 7000 0 0 Donna Bailey director 1.0 0.0 X 0 0 0 Karen Palacios-Jansen LPGA T&CP National Vice Pres 1.0 1.0 X 800 15750 0 Vicki Goetze-Ackerman director 1.0 30.0 X 0 74880 14697 Sharon Ritchey director 1.0 0.0 X 0 0 0 Allan Tanenbaum director 1.0 0.0 X 0 0 0 Sue Townsen director 1.0 0.0 X 0 0 0 7800 2040726 123535 0 false true false Pro EM 1450 E Grant Street PHOENIX AZ 85034 tournament svcs 141516 1 137500 1526232 1663732 CLUB REGISTRATION 139352 139352 LPGA FOUNDERS TOURNAMENT 3424157 3424157 3563509 81008 81008 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 5308249 3563509 81008 575070 575070 2031 2031 0 0 7800 7800 0 370800 298567 36117 36116 6686 4389 1149 1148 40223 35779 2222 2222 23830 19836 1997 1997 0 370 370 38848 38848 0 0 15003 15003 253701 6500 247201 221821 220759 531 531 14302 12478 912 912 0 0 0 172357 73442 95848 3067 0 0 0 0 15393 15393 5799 5799 INDUSTRY INITIATIVES 54100 54100 BANK FEES 9656 9656 TOURNAMENT EXPENSE 3641962 3641962 5469752 4914006 509753 45993 0 0 2131817 1576740 0 0 5000 0 0 0 0 0 0 0 0 0 66663 52752 89766 72015 33144 17751 3410815 3694152 0 0 0 0 0 0 0 0 5647439 5341395 728779 304270 0 0 27057 104480 0 0 0 0 0 0 0 0 0 0 0 0 755836 408750 X 735209 732401 4156394 4200244 0 0 4891603 4932645 5647439 5341395 -161503 202545 X false true X true false X X X 1 LPGA 750055465 10 true 0 0 1 0 0 true true true true true false false false false false false false false false false false false true false Schedule A, Part IV, Section A, Line 2 THE SUPPORTED ORGANIZATION, LADIES PROFESSIONAL GOLF ASSOCIATION, IS EXEMPT UNDER SECTION 501(C)(6) AS DETERMINED BY THE IRS. THE ORGANIZATION DETERMINED THAT THE LADIES PROFESSIONAL GOLF ASSOCIATION WOULD MEET THE QUALIFICATIONS UNDER SECTION 509(A)(2) BECAUSE MORE THAN 33.3% OF ITS REVENUE IS GENERATED THROUGH PROGRAMMATIC ACTIVITIES. Schedule A, Part IV, Section A, Line 3b THE ORGANIZATION HAS CONFIRMED THAT THE LADIES PROFESSIONAL GOLF ASSOCIATION IS EXEMPT UNDER SECTION 501(c)(6) AND WOULD MEET THE PUBLIC SUPPORT TEST UNDER SECTION 509(A)(2) DUE TO THE FACT THAT MORE THAN 33.3% OF ITS REVENUE IS GENERATED THROUGH PROGRAMMATIC ACTIVITIES. Schedule A, Part IV, Section A, Line 3c IN 2016, THE ORGANIZATION DID NOT PROVIDE MONETARY SUPPORT TO THE LADIES PROFESSIONAL GOLF ASSOCIATION. THE SUPPORTED ORGANIZATION HOSTED SEVERAL SUCCESSFUL GOLF TOURNAMENTS THROUGHOUT THE YEAR AND DID NOT REQUIRE FINANCIAL ASSISTANCE. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 89766 72015 17751 17751 0 0 X 5510794 202545 202545 5308249 5308249 5469752 5469752 5469752 SCHEDULE D, PART X, LINE 2 FIN 48 (ASC 740) FOOTNOTE Income Taxes - The Foundation is exempt from Federal income tax under provisions of Section 501(c)(3) of the Internal Revenue Code and from state income taxes under similar provisions of the Florida Income Tax Code. The Foundation identifies and evaluates uncertain tax positions, if any, and recognizes the impact of uncertain tax positions for which there is a less than more-likely-than-not probability of the position being upheld when reviewed by the relevant taxing authority. Such positions are deemed to be unrecognized tax benefits and a corresponding liability is established on the statement of financial position. The Foundation has not recognized a liability for uncertain tax positions. If there were an unrecognized tax benefit, The Foundation would recognize interest accrued related to unrecognized tax benefits in interest expense and penalties in operating expenses. The Foundation's remaining open tax years subject to examination by the Internal Revenue Service include the years ended December 31, 2012 through 2016. true Triad Youth Golf Foundation 5834 Bur Mil Club Road Greensboro NC 27410 311713878 501(c)(3) 27500 Matching grant Pebblecreek Golf Resort 9532 E Riggs Road Sun Lakes AZ 85248 860713878 12413 Scholarship Girls in the Game NFP 1501 West Randolph Street Chicago IL 60607 364025433 501(c)(3) 10000 Matching grant Columbia University 3030 Broadway MC 1938 New York NY 10027 135598093 501(c)(3) 10000 Scholarship First Tee of Northern Nevada 1575 Delucchi Lane 104 Reno NV 89502 880444732 501(c)(3) 8860 Matching grant Junior Golf Association of Arizona 10888 N 19th Avenue Phoenix AZ 85029 860464216 501(c)(3) 8545 Matching grant Three Rivers Park District 3000 Xenium Lane N Plymouth MN 55441 411489848 7385 Matching grant The First Tee of Monterey County 1551 Beacon Hill Drive Salinas CA 93905 250015069 501(c)(3) 7000 Matching grant The First Tee of North Florida 4401 Cypress Links Blvd Elkton FL 32033 593577327 501(c)(3) 7000 Matching grant Triangle Golf Foundation 8800 Westgate Park Drive 104 Raleigh NC 27617 562266025 501(c)(3) 7000 Matching grant LPGA Urban Youth Golf Program of Delaware 599 Rockland Road Rockland DE 19732 501(c)(3) 6300 Matching grant Golf For Cause - Tourn Advance expenses 1050 N 25th Street Phoenix AZ 85008 200459489 5400 Scholarship ATK Golf Services Inc 40 Tashua Knolls Lane Trumbull CT 06611 202347354 5250 Matching grant 9 4 Schedule I, Part I, Line 2 THE LPGA FOUNDATION MONITORS THE USE OF FUNDS GRANTED TO RECIPIENTS OF THE JUNIOR GOLF GRANTS BY REQUIRING AN APPLICATION FOR FUNDS AND A FINAL REPORT OF HOW FUNDS WERE SPENT. THE LPGA FOUNDATION MONITORS THE USE OF FUNDS GRANTED TO RECIPIENTS OF THE FINANCIAL ASSISTANCE FUND BY REQUESTING RECEIPTS BE PROVIDED TO THE LPGA FOUNDATION FROM GRANTEES. FOR THE LPGA FOUNDATION SCHOLARSHIP PROGRAM, THE MAJORITY OF FUNDS ARE SENT DIRECTLY TO THE UNIVERSITY FOR THE BENEFIT OF THE GRANTEES. THERE WERE SOME SMALLER GRANTS THAT WERE NOT MONITORED DUE TO COST EFFECTIVENESS AND MATERIALITY. X X X X false false false false false false true false false Michael Whan LPGA Commissioner 0 719965 0 375000 0 0 0 7950 0 24015 0 1126930 0 0 Kathryn Milthorpe Treasurer (Non-Voting) 0 247520 0 54740 0 0 0 7211 0 23108 0 332579 0 0 Nancy Henderson President 0 214136 0 41180 0 0 0 6856 0 18207 0 280379 0 0 Marian Moore Secretary (Non-Voting) 0 249755 0 47800 0 0 0 7950 0 13541 0 319046 0 0 Compensation contingent of the net earnings Schedule J, Part I, Line 6b Incentive plan has components based on meeting specific annual performance objectives and overall performance of the organization. MEMBERS OR STOCKHOLDERS Form 990, Part VI, Line 6 The sole member of the LPGA Foundation is the Ladies Professional Golf Association. MEMBERS OR STOCKHOLDERS WHO MAY ELECT Form 990, Part VI, Line 7a The Foundations bylaws reserve to the sole corporate member, the Ladies Professional Golf Association, the power to elect one or more members of the Foundations Governing Body. Any Director may be removed, with or without cause, by the member. The governance committee may nominate at-large directors for approval by the board of directors. The board of directors shall approve and recommend at-large directors for election by the member. DECISIONS SUBJECT TO APPROVAL Form 990, Part VI, Line 7b The Foundation's bylaws reserve to the sole corporate member, the Ladies Professional Golf Association, the power to amend, repeal or restate the Foundation's Articles of Incorporation. FORM 990 REVIEW PROCESS Form 990, Part VI, Line 11b The Form 990 is prepared by an independent accounting firm in conjunction with the Foundations management. The return is reviewed by Management prior to distribution to the full board of Directors for information purposes prior to filing. CONFLICT OF INTEREST POLICY MONITORING & ENFORCEMENT Form 990, Part VI, Line 12c Board members are provided with a conflict of interest reporting form on an annual basis on which to report and disclose any real or potential conflict of interest or ethical issue to the Foundation. The obligation to report such conflicts or issues is ongoing; therefore board members are required to report any change in circumstances whenever they occur during any calendar year. Each conflict of interest reporting form shall be submitted confidentially for review to the President and Secretary, who are empowered to resolve any conflict of interest or ethical issue that may compromise a board member's ability to fulfill her or his fiduciary obligations to the Foundation. In the event that a conflict of interest or ethical issue cannot be satisfactorily resolved by the President and Secretary, the matter shall be referred to the Foundation Governance Committee which shall seek to resolve the matter. Any matter that cannot be resolved by the above procedures shall be reported to the board of directors for resolution. PROCESS FOR DETERMINING COMPENSATION Form 990, Part VI, Line 15a The Human Resources department of the related organization is charged with recommending the appointment, conducting performance reviews and determining the compensation of the president. This recommendation is based on the following methods: comparable industry knowledge and market surveys. The board of directors of the related organization reviews compensation during the budget process. PROCESS FOR DETERMINING COMPENSATION Form 990, Part VI, Line 15b The Human Resources department of the related organization is charged with recommending the appointment, conducting performance reviews and determining the compensation of officers and key employees. This recommendation is based on the following methods: comparable industry knowledge and market surveys. The board of directors of the related organization reviews compensation during the budget process. SECTION 6104 REQUIREMENT FORM 990, PART VI, SECTION C, LINE 18 The Foundation makes its Form 990 available at its main place of business and on the internet at www.guidestar.org. The Foundations Form 1023 is, likewise, available at the Foundations main place of business. Form 990, PART VI, SECTION C, LINE 19 The Foundations governing documents, conflicts of interest policy and financial statement are available to the public at managements discretion. Form 990, Part VII, Column E Nancy Henderson is an employee of the related organization, Ladies Professional Golf Association, and receives her Form W-2 from that organization. Ms. Henderson provides services both to the LPGA and the LPGA Foundation. In the interest of clarity, the LPGA Foundation is reporting that 50% of Ms. Hendersons compensation is attributable to services rendered to the LPGA Foundation. LPGA Foundation Tournament Properties 100 International Golf Drive Daytona Beach FL 32124 274445389 Golf Event FL 3424157 107114 LPGA FND Ladies Professional Golf Assoc 100 International Golf Drive Daytona Beach FL 32124 750055465 Womens Golf FL 501(c)(6) N/A NA false false false true false false false false false false false false false false true true true false false true Ladies Professional Golf Association c 137500 gift Ladies Professional Golf Association s 294720 DUE TO ENTITY Ladies Professional Golf Association n, p 42602 reimbursement Ladies Professional Golf Association o, p 643085 reimbursement Ladies Professional Golf Association p 2518738 reimbursement