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ARNOLD & WINNIE PALMER FOUNDATION INC: Form 990, tax year 2015

View the entire original 990 at ProPublica ↗

Organization
ARNOLD & WINNIE PALMER FOUNDATION INC (EIN 46-5468220)
Tax period
2015-01-01 to 2015-12-31
Filed
2016-11-14
IRS object ID
201643199349309159
Schema version
2015v2.1
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)
Return2016-11-14T15:26:43-06:00ReturnTs
Tax Period End2015-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN204193611PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1Batts Morrison Wales & Lee PABusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1801 North Orange Avenue Suite 800AddressLine1Txt
CityOrlandoCityNm
State AbbreviationFLStateAbbreviationCd
ZIP32801ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2015-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN465468220EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1Arnie's Army Charitable Foundation IncBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlARNIBusinessNameControlTxt
Phone4078763644PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line19000 Bay Hill BlvdAddressLine1Txt
CityOrlandoCityNm
State AbbreviationFLStateAbbreviationCd
ZIP32819ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonGlenn BlackburnPersonNm
Person TitleTreasurerPersonTitleTxt
Phone4078762429PhoneNum
Signature2016-11-14SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonMichele M Wales CPAPreparerPersonNm
PTINP00428093PTIN
Phone4077706000PhoneNum
Preparation2016-11-14PreparationDt
FieldValueIRS element (for citing)
Tax2015TaxYr
Build TS2017-02-10 21:41:12ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerGlenn BlackburnPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line19000 Bay Hill BlvdAddressLine1Txt
CityOrlandoCityNm
State AbbreviationFLStateAbbreviationCd
ZIP32819ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$17,383,116GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website Addresswww.arniesarmy.orgWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2014FormationYr
Legal Domicile StateFLLegalDomicileStateCd
Activity Or MissionThe Organization's mission is to invest in the well-being and development of children and youth, supporting health and wellness initiatives and strengthening communities and the environment.ActivityOrMissionDesc
Voting Members Governing Body8VotingMembersGoverningBodyCnt
Voting Members Independent8VotingMembersIndependentCnt
Total Employee0TotalEmployeeCnt
Total Volunteers8TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$334,300PYContributionsGrantsAmt
CY Contributions Grants$17,361,562CYContributionsGrantsAmt
PY Program Service Revenue$0PYProgramServiceRevenueAmt
CY Program Service Revenue$0CYProgramServiceRevenueAmt
PY Investment Income$0PYInvestmentIncomeAmt
CY Investment Income$21,554CYInvestmentIncomeAmt
PY Other Revenue$0PYOtherRevenueAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$334,300PYTotalRevenueAmt
CY Total Revenue$17,383,116CYTotalRevenueAmt
PY Grants And Similar Paid$0PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$34,512CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$0PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$0CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$23,525PYOtherExpensesAmt
CY Other Expenses$20,261CYOtherExpensesAmt
PY Total Expenses$23,525PYTotalExpensesAmt
CY Total Expenses$54,773CYTotalExpensesAmt
PY Revenues Less Expenses$310,775PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$17,328,343CYRevenuesLessExpensesAmt
Total Assets BOY$334,300TotalAssetsBOYAmt
Total Assets EOY$17,580,368TotalAssetsEOYAmt
Total Liabilities BOY$23,525TotalLiabilitiesBOYAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$310,775NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$17,580,368NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionThe Organization's mission is to invest in the well being of children and youth to ensure and create opportunities for them to live safe, healthy, and fulfilling lives. Additionally, the Organization provides financial support to institutions and organizations that support health and wellness initiatives and strengthen communities and the environment.MissionDesc
Significant New Program SrvcYes (1)SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$34,512ExpenseAmt
Grant$34,512GrantAmt
DescThe Organization supported a 501(c)(3) public charity by granting funds for use in the grantee's pediatric cancer research efforts.Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
Expense$5,500ExpenseAmt
DescThe Organization began planning to hold the Palmer Cup, a collegiate event whose purpose is to promote the development of youth golfers and to pass on Mr. Arnold Palmer's values to the next generation of golfers.Desc
FieldValueIRS element (for citing)
Total Program Service Expenses$40,012TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Temp Or Permanent EndowmentsYes (1)TempOrPermanentEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other Liabilities0ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (1)IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To OrganizationsYes (1)GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J Required0ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With Officer Ent0BusinessRlnWithOfficerEntInd
Deductible Non Cash ContriYes (1)DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related Entity0RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document0IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Employee0EmployeeCnt
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services0IndoorTanningServicesInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members8GoverningBodyVotingMembersCnt
Independent Voting Member8IndependentVotingMemberCnt
Family Or Business RlnYes (1)FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org DocumentsYes (1)ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower Policy0WhistleblowerPolicyInd
Document Retention Policy0DocumentRetentionPolicyInd
Compensation Process CEO0CompensationProcessCEOInd
Compensation Process Other0CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldFLStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonMatt LillyPersonNm
Phone3218432488PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line13160 Southgate Commerce Blvd SuiteAddressLine1Txt
CityOrlandoCityNm
State AbbreviationFLStateAbbreviationCd
ZIP32806ZIPCd
FieldValueIRS element (for citing)
No Listed Persons CompensatedYes (X)NoListedPersonsCompensatedInd

Form990 Part VII Section A Form990PartVIISectionAGrp (9 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmt
Mr Arnold Palmer
Chairman/Director1.00Yes (X)Yes (X)$0$0$0
Ms Amy Saunders
Vice Chair/Director1.00Yes (X)Yes (X)$0$0$0
Mr John Bozard began 91815
Chief Executive Officer/Director1.00Yes (X)Yes (X)$0$0$0
Mr Glenn Blackburn
Secretary/Treasurer/Director1.00Yes (X)Yes (X)$0$0$0
Mr David Barger began 91815
Director1.00Yes (X)$0$0$0
Mr Roy Haley began 91515
Director1.00Yes (X)$0$0$0
Mr Alastair Johnston
Director1.00Yes (X)$0$0$0
Mr Steve Richards
Director1.00Yes (X)$0$0$0
Mr Matt Lilly began 91815
Assistant Treasurer1.00Yes (X)$0$0$0
FieldValueIRS element (for citing)
Total Reportable Comp From Org$0TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$0TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K0IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K0TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K0CntrctRcvdGreaterThan100KCnt
All Other Contributions$17,361,562AllOtherContributionsAmt
Noncash Contributions$15,129,325NoncashContributionsAmt
Total Contributions$17,361,562TotalContributionsAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$21,554TotalRevenueColumnAmt
Exclusion$21,554ExclusionAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$17,383,116TotalRevenueColumnAmt
Related Or Exempt Func Income$0RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$21,554ExclusionAmt
FieldValueIRS element (for citing)
Info In Schedule O Part IXYes (X)InfoInScheduleOPartIXInd

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$34,512TotalAmt
Program Services$34,512ProgramServicesAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$3,180TotalAmt
Management And General$3,180ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$9,150TotalAmt
Management And General$9,150ManagementAndGeneralAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$1,667TotalAmt
Management And General$1,667ManagementAndGeneralAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$300TotalAmt
Management And General$300ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (2 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmt
Palmer Cup expenses$5,500$5,500
Bank fees & adjustments$464$464

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$54,773TotalAmt
Program Services$40,012ProgramServicesAmt
Management And General$14,761ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$334,300BOYAmt
EOY$4,522,934EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
EOY$12,311,542EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
EOY$37,559EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$60,000LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$1,667LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$58,333EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$650,000EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$334,300BOYAmt
EOY$17,580,368EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$23,525BOYAmt
EOY$0EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$23,525BOYAmt
EOY$0EOYAmt
FieldValueIRS element (for citing)
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

FieldValueIRS element (for citing)
BOY$310,775BOYAmt
EOY$2,990,470EOYAmt

Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp

FieldValueIRS element (for citing)
EOY$13,289,898EOYAmt

Permanently Rstr Net Assets PermanentlyRstrNetAssetsGrp

FieldValueIRS element (for citing)
EOY$1,300,000EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$310,775BOYAmt
EOY$17,580,368EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$334,300BOYAmt
EOY$17,580,368EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$17,328,343ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst-$58,750NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Info In Schedule O Part XIIYes (X)InfoInScheduleOPartXIIInd
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Public Organization170Yes (X)PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus1 Year$334,300CurrentTaxYearMinus1YearAmt
Current Tax Year$17,361,562CurrentTaxYearAmt
Total$17,695,862TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus1 Year$334,300CurrentTaxYearMinus1YearAmt
Current Tax Year$17,361,562CurrentTaxYearAmt
Total$17,695,862TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$15,574,977SubstantialContributorsTotAmt
Public Support Total170$2,120,885PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year$21,554CurrentTaxYearAmt
Total$21,554TotalAmt
FieldValueIRS element (for citing)
Total Support$17,717,416TotalSupportAmt
First5 Years170Yes (X)First5Years170Ind

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

CY Endwmt Fund CYEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$0BeginningYearBalanceAmt
Contributions$1,490,065ContributionsAmt
Investment Earnings Or Losses-$37,196InvestmentEarningsOrLossesAmt
Grants Or Scholarships$34,512GrantsOrScholarshipsAmt
Other Expenditures$0OtherExpendituresAmt
Administrative Expenses$0AdministrativeExpensesAmt
End Year Balance$1,418,357EndYearBalanceAmt
FieldValueIRS element (for citing)
Board Designated Balance EOY0.00000BoardDesignatedBalanceEOYPct
Prmnnt Endowment Balance EOY0.91660PrmnntEndowmentBalanceEOYPct
Term Endowment Balance EOY0.08340TermEndowmentBalanceEOYPct
Endowments Held Unrelated OrgYes (1)EndowmentsHeldUnrelatedOrgInd
Endowments Held Related Org0EndowmentsHeldRelatedOrgInd

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$60,000OtherCostOrOtherBasisAmt
Depreciation$1,667DepreciationAmt
Book Value$58,333BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$58,333TotalBookValueLandBuildingsAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$17,576,054TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst-$58,750NetUnrealizedGainsInvstAmt
Donated Services And Use Fclts$251,688DonatedServicesAndUseFcltsAmt
Revenue Not Reported$192,938RevenueNotReportedAmt
Revenue Subtotal$17,383,116RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt$0RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$17,383,116TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$306,461TotExpnsEtcAuditedFinclStmtAmt
Donated Services Use Fclts$251,688DonatedServicesUseFcltsAmt
Expenses Not Reported$251,688ExpensesNotReportedAmt
Expenses Subtotal$54,773ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt$0ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$54,773TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Part V, Line 4:The Organization's permanent endowment funds are restricted for pediatric cancer research. The Organization's temporarily restricted endowment funds represent unappropriated income from the Organization's permanent endowment, restricted for pediatric cancer research.
Part X, Line 2:The Organization is exempt from federal income tax as an organization described in Section 501(c)(3) of the Internal Revenue Code and from state income tax pursuant to Florida law. The Organization is further classified as a public charity and not a private foundation for federal tax purposes. The Organization has not incurred unrelated business income taxes. As a result, no income tax provision or liability has been provided for in the accompanying financial statements. The Organization has not taken any material uncertain tax positions for which the associated tax benefits may not be recognized under accounting principles generally accepted in the United States of America.

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedYes (1)GrantRecordsMaintainedInd

Recipient Table RecipientTable

Recipient Business Name RecipientBusinessName

FieldValueIRS element (for citing)
Business Name Line1Orlando Health Foundation Inc dba Arnold Palmer Medical Center FdnBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line13160 Southgate Commerce Blvd SuiteAddressLine1Txt
Address Line250AddressLine2Txt
CityOrlandoCityNm
State AbbreviationFLStateAbbreviationCd
ZIP32806ZIPCd
FieldValueIRS element (for citing)
Recipient EIN592244943RecipientEIN
IRC Section501(c)(3)IRCSectionDesc
Cash Grant$34,512CashGrantAmt
Non Cash Assistance$0NonCashAssistanceAmt
Purpose Of GrantSupport for Pediatric Neuro-oncology programPurposeOfGrantTxt
FieldValueIRS element (for citing)
Total501c3 Org1Total501c3OrgCnt
Total Other Org0TotalOtherOrgCnt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePart I, Line 2:FormAndLineReferenceDesc
ExplanationThe Organization made a grant to Orlando Health, Inc. (a 501(c)(3) public charity which operates under common management with the Organization but is not "related" to the Organization for Form 990 reporting purposes) to support its pediatric cancer research. The Organization oversees the use of grants to the grantee organization through its overlapping management and leadership. No further monitoring of the grant was deemed necessary.ExplanationTxt

Schedule M IRS990ScheduleM

Other Non Cash Contri Table OtherNonCashContriTableGrp (2 entries)

Non Cash CheckboxNonCashCheckboxIndDescDescContributionContributionCntNoncash Contributions Rpt F990NoncashContributionsRptF990AmtMethod Of Determining RevenuesMethodOfDeterminingRevenuesTxt
Yes (X)Pledge Receivable1$14,479,325See Part II
Yes (X)Pledge Receivable1$650,000See Part II
FieldValueIRS element (for citing)
Form8283 Received0Form8283ReceivedCnt
Any Property That Must Be Held0AnyPropertyThatMustBeHeldInd
Review Process Unusual NC Gifts0ReviewProcessUnusualNCGiftsInd
Third Parties UsedYes (1)ThirdPartiesUsedInd

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Part I, Column (b):The Organization is reporting the number of contributions of pledges receivable received during the tax year. Schedule M, Part I, Line 25: The pledge receivable reported on Schedule M, Part I, Line 25 is the net present value of a $15,000,000 pledge received by the Organization during the tax year. Of the amount reported on Schedule M, $2,557,783 was received by the Organization during the tax year via two contributions of publicly traded securities. Schedule M, Part I, Line 26: The pledge receivable reported on Schedule M, Part I, Line 26 is the value of a pledge received by the Organization during the tax year. Of the amount reported on Schedule M, $260,000 was received by the Organization during the tax year via two contributions of cash.
Part I, Line 32b:Pursuant to an administrative services arrangement with Orlando Health Foundation, Inc., an unrelated 501(c)(3) public charity, Orlando Health Foundation, Inc. processes noncash gifts on the Organization's behalf. The Organization did not compensate Orlando Health Foundation, Inc. for the processing of the Organization's noncash gifts during the tax year.

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (8 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Form 990, Part III, line 2The Organization's new program activities are described in detail on Form 990, Part III, Lines 4a and 4b.
Form 990, Part VI, Section A, line 2Mr. Palmer and Ms. Saunders have a familial relationship. Mr. Palmer and Mr. Blackburn have a business relationship. Mr. Palmer and Mr. Johnston have a business relationship.
Form 990, Part VI, Section A, line 4The Organization amended its bylaws during the tax year ended December 31, 2015. Amendments to the bylaws included an amendment to limit the number of Board of Directors members to no more than 13 (previously unlimited) and to establish three classes of Directors. The Directors of the first class consists of the founding Directors of the Arnold Palmer family, Arnold D. Palmer, and Amy P. Saunders, who will serve as permanent Directors. The second class of Directors shall consist of members of the Arnold Palmer family, or nominees of the Arnold Palmer family, and may serve unlimited terms. The third class of Directors shall be non-members of the Arnold Palmer family and may serve for two consecutive terms. Additionally, the amendments included an amendment to the Organization's conflicts of interest policy to provide expanded procedures for addressing identified conflicts of interest.
Form 990, Part VI, Section B, line 11The Organization's top management official and top financial official each review the Form 990 prior to its filing with the IRS. A copy of the final Form 990 is also provided to the voting members of the Organization's governing body prior to its filing with the IRS.
Form 990, Part VI, Section B, line 12cThe Organization's conflict of interest policy is distributed to each member of the Organization's governing body and its officers on an annual basis. Each such individual provides an annual disclosure statement indicating that they have received, read, understood, and agreed to comply with the policy, certifying that: (1) they have no relationships or interests that present a conflict of interest, (2) they have one or more conflicts of interest that have been fully disclosed as required by the policy and have been properly administered in conformity with the policy, or (3) they have previously undisclosed conflicts of interest and disclosing the details of such conflicts. Any disclosure statements with previously undisclosed conflicts of interest are forwarded to appropriate Organization officials to take appropriate actions as required by the policy.
Form 990, Part VI, Section C, line 19The Organization provides, upon request, copies of its Articles of Incorporation, bylaws, conflict of interest policy, and its financial statements
Form 990, Part IX, line 11gWebsite domain service fees: Program service expenses 0. Management and general expenses 9,150. Fundraising expenses 0. Total expenses 9,150.
Form 990, Part XII, Line 2cThe Organization's Board of Directors, or a committee thereof, assumes responsibility for the oversight of the audit of its financial statements and the selection of an independent accountant. This process has not changed from the prior year.

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