2014-11-17T08:36:17-06:00 2013-12-31 Grant Thornton LLP 200 South Orange Avenue Suite 2050 Orlando FL 32801 990 2013-01-01 593085528 The LPGA Foundation % KATHRYN MILTHORPE LPGA 3862746200 100 International Golf Drive Suite Daytona Beach FL 32124 KATHRYN MILTHORPE CFO 3862746200 2014-11-14 true Dawn M Olivardia P00059252 3862746200 2014-11-14 2013 2015-11-30 17:44:51Z Kathryn Milthorpe 100 International Golf Drive Daytona Beach FL 32124 5040226 false X www.lpgafoundation.org X 1991 FL Conduct charitable activities of the Ladies Professional Golf Association. 15 10 0 800 0 0 751453 1074450 3936636 3896685 66735 69091 0 0 4754824 5040226 494465 536220 0 0 311529 293576 14470 0 62024 3917534 4107071 4737998 4936867 16826 103359 4255485 4740565 324041 320439 3931444 4420126 X CONDUCT CHARITABLE ACTIVITIES OF THE LADIES PROFESSIONAL GOLF ASSOCIATION. false false 935076 370152 103335 DEVELOP AND MAINTAIN JUNIOR GOLF PROGRAMS ACROSS THE COUNTRY. THESE PROGRAMS ARE PRIMARILY FUNDED THROUGH CONTRIBUTIONS RECEIVED BY THE FOUNDATION. 78513 57000 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. 132472 109068 DEVELOP AND MAINTAIN A SCHOLARSHIP PROGRAM WHICH PROVIDES ACADEMIC SCHOLARSHIPS FOR JUNIOR GOLFERS. 3351550 3793350 THE LPGA FOUNDATION IS INVOLVED IN CONDUCTING A TOURNAMENT ON THE LPGA TOURNAMENT SCHEDULE. 3351550 3793350 4497611 true true false false false false false false false true false false false false true true false false false false true false false false false false true true true false false false false false false false false true false false false true true false true false true 71 0 true 0 false false false false false true true false false false false false false false X 15 10 false false false false true true true true true false false true true true true false true true true false AZ CA FL X KATHRYN MILTHORPE 3862746200 100 INTERNATIONAL GOLF DRIVE Daytona Beach FL 32124 Michael Whan LPGA Commissioner 1.0 40.0 X 0 750190 21347 Kathryn Milthorpe Secretary/Treasurer 2.0 40.0 X X 0 231453 20944 Nancy Henderson President LPGA Foundation 20.0 40.0 X X 0 204028 15998 Leslie Greis LPGA BOD Chair 1.0 3.0 X 0 0 0 Lewis Horne Chair 1.0 X X Karen Furtado Vice Chair 1.0 X X James Eden Director 1.0 X Donna Bailey Director 1.0 X Rick Brawner Director 1.0 X Lynn Connelly Director 1.0 X Barbara Kauffman Director 1.0 X Nancy Lopez Director 1.0 X 5500 0 Donna Richardson Joyner Director 1.0 X Deb Vangellow LPGA TCP VP 1.0 X 30125 0 Vickie Goetze-Ackerman LPGA President 1.0 25.0 X 66050 0 0 1287346 58289 0 false true false 0 124000 950450 50000 1074450 CLUB REGISTRATION 103335 103335 LPGA FOUNDERS TOURNAMENT 3793350 3793350 3896685 69091 69091 0 0 0 0 0 0 0 0 0 0 5040226 3896685 69091 471810 471810 57000 57000 7410 7410 0 0 0 255890 204712 25589 25589 5293 4234 529 530 14362 11490 1436 1436 18031 14425 1803 1803 0 1505 1495 10 21955 21955 0 0 15000 15000 201709 201709 237906 185527 28589 23790 10909 8727 1091 1091 0 0 0 77852 59984 10083 7785 0 0 0 0 12889 12889 10697 10697 COMMUNITY EVENTS 58741 58741 BANK FEES 7391 7391 TOURNAMENT EXPENSE 3450517 3450517 4936867 4497611 377232 62024 0 0 1430710 1432228 0 0 20608 52500 0 0 0 0 0 0 0 0 57368 27171 91011 27180 36111 63831 2710688 3164835 0 0 0 0 0 0 0 0 4255485 4740565 188798 123541 0 0 135243 196898 0 0 0 0 0 0 0 0 0 0 0 0 324041 320439 X 385142 668736 3546302 3751390 0 0 3931444 4420126 4255485 4740565 103359 385323 X false true X true false X X X X false false false LPGA 750055465 0 true true true 0 1 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 91011 27180 63831 63831 0 0 X 5425549 385323 385323 5040226 5040226 4936867 4936867 4936867 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 Foundations remaining open tax years subject to examination by the Internal Revenue Service include the years ended December 31, 2009 through 2013. true North America Grantmaking Donation 7410 7410 7410 North America Matching grant 7410 false false false false false false Procedure for Monitoring Use of Grant Funds Outside U.S. 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 SCHOLARSHIP PROGRAM THE LPGA FOUNDATION THE MAJORITY OF FUNDS ARE SENT DIRECTLY TO THE UNIVERSITY FOR THE BENEFIT OF THE GRANTEES. THERE WERE SOME SMALLER GRANTS NOT MONITORED DUE TO COST EFFECTIVENESS AND MATERIALITY. true Three Rivers Park District 3000 Xenium Lane N Plymouth MN 55441 10640 Matching Grant Triad Youth Golf Foundation 5834 Bur Mil Club Road Greensboro NC 27410 13150 Matching grant New York Sport Foundation 1521 Ocean Avenue 3C Brooklyn NY 11230 28000 Matching grant Partners Fore Golf 4887 Arlene Place Pleasanton CA 94566 5950 Matching grant Michigan State Women's Golf Team 426 Auditorium Road East Lansing MI 48824 10000 Scholarship Pebblecreek Golf Resort 9532 E Riggs Road Sun Lakes AZ 85248 7559 Scholarship Children's Golf Foundation 7301 N Haverhill Road West Palm Beach FL 33407 5215 Matching grant Girls Golf of Columbia 1850 Atlantic Drive 512 Columbia SC 29210 17500 Matching grant Junior Golf Association of Arizona 10888 North 19th Avenue Phoenix AZ 85029 6020 Matching grant Ronald R Davis 570 Selma Street Mobile AL 36603 7000 Matching grant Life Skills Fore Montana Youth 3123 Ben Hogan Place Billings MT 59106 6125 Matching grant First Tee of Northern Nevada 1575 Delucchi Lane 104 Reno NV 89502 5530 Matching grant The First Tee of Savannah 1201 West Lathrop Avenue Savannah GA 31415 5450 Matching grant Pro Kids Golf Academy 4085 52nd Street San Diego CA 92105 6895 Matching grant EWGA of Fairfield County 11 Dittmar Road Bethel CT 06801 5250 Matching grant Grants not Greater than 5000 100 International Golf Drive Daytona Beach FL 32124 331526 Scholarship 45 167 Financial Assistance 2 57000 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 SCHOLARSHIP PROGRAM THE LPGA FOUNDATION THE MAJORITY OF FUNDS ARE SENT DIRECTLY TO THE UNIVERSITY FOR THE BENEFIT OF THE GRANTEES. THERE WERE SOME SMALLER GRANTS WERE NOT MONITORED DUE TO COST EFFECTIVENESS AND MATERIALITY. X true true X X X X false false false false false false true false false Michael Whan LPGA Commissioner 0 646190 0 104000 0 0 0 0 0 21347 0 771537 0 0 Kathryn Milthorpe Secretary/Treasurer 0 215073 0 16380 0 0 0 0 0 20944 0 252397 0 0 Nancy Henderson President LPGA Foundation 0 189013 0 15015 0 0 0 0 0 15998 0 220026 0 0 Compensation contingent on the net earnings Schedule J, Part I, Line 6B Incentive plan has components based on net earning of LPGA and was accrued. X GOLF COURSE 1 50000 FMV false false false 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 reserved powers of LPGA Foundation permit the voting membership to elect one or more members of the governing body of the of LPGA Foundation. Decisions Subject to Approval Form 990, Part VI, Line 7b 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. The member shall elect the At-Large Directors. Form 990 Review Process Form 990, Part VI, Line 11b THE FORM 990 WAS PROVIDED TO THE LPGA FOUNDATION'S BOARD OF DIRECTORS FOR REVIEW PRIOR TO THE FILING OF THE RETURN. AFTER ALL QUESTIONS AND COMMENTS ARE RESOLVED, THE TAX RETURN IS FILED BY THE EXTENDED DUE DATE. Conflict of Interest Policy Monitoring & Enforcement Form 990, Part VI, Line 12c BOD members are provided with the COI each year and any conflicts reported are reviewed by FND President and Secretary 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 Executive Director. This recommendation is based on the following methods: comparable industry knowledge and market surveys. The HR department recommends to the entire Board of Directors of the related organization the salary and benefits of the Executive Director. 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 HR department recommends to the entire Board of Directors of the related organization the salary and benefits of the officers and employees. Section 6104 Requirement Form 990, Part VI, Section C, Line 18 THE LPGA FOUNDATION MAKES ITS FORMS 1023, 990 AND 990-T AVAILABLE FOR PUBLIC INSPECTIONS VIA U.S. MAIL UPON REQUEST. Form 990, Part VI, Section C, Line 19 NO GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY OR FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC. LPGA Foundation Tournament Properties 100 International Golf Drive Daytona Beach FL 32124 274445389 Golf Event FL 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 true false false false false false false false false true true true false false false Ladies Professional Golf Association c 124000 Gift Ladies Professional Golf Association e 52081 Loan Ladies Professional Golf Association n 62992 Reimbursement Ladies Professional Golf Association o 452483 Reimbursement Ladies Professional Golf Association p 2417590 Reimbursement