TIGER WOODS CHARITY EVENT CORP: Form 990, tax year 2011
View the entire original 990 at ProPublica ↗
- Organization
- TIGER WOODS CHARITY EVENT CORP (EIN 06-1554474)
- Tax period
- 2011-10-01 to 2012-09-30
- Filed
- 2013-08-15
- IRS object ID
- 201312279349304361
- Schema version
- 2011v1.5
- 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
- Form 990
- Schedule A
- Schedule B
- Schedule D
- Schedule G
- Schedule I
- Schedule J
- Schedule M
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2013-08-15T17:22:34-05:00 | Timestamp |
| Tax Period End Date | 2012-09-30 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | KPMG LLP | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 355 S Grand Ave Suite 2000 | AddressLine1 |
| City | Los Angeles | City |
| State | CA | State |
| ZIP Code | 90071 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2011-10-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 061554474 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Tiger Woods Charity Event Corporation | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of Name | % GREGORY T MCLAUGHLIN | InCareOfName |
| Name Control | TIGE | NameControl |
| Phone | 9497253003 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 121 Innovation Drive Suite 150 | AddressLine1 |
| City | Irvine | City |
| State | CA | State |
| ZIP Code | 92617 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | GREGORY MCLAUGHLIN | Name |
| Title | CEO | Title |
| Date Signed | 2013-08-15 | DateSigned |
| Authorize Third Party | true | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 2139724000 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2011 | TaxYear |
| Build TS | 2016-03-07 17:11:31Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | GREGORY T MCLAUGHLIN | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 121 INNOVATION DRIVE STE 150 | AddressLine1 |
| City | IRVINE | City |
| State | CA | State |
| ZIP Code | 92617 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 29576140 | GrossReceipts |
| Group Return For Affiliates | false | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | WWW.TIGERWOODSFOUNDATION.ORG | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1999 | YearFormation |
| State Legal Domicile | CA | StateLegalDomicile |
| Activity Or Mission Description | OPERATES CHARITABLE EVENTS TO SUPPORT THE PROGRAMS OF THE TIGER WOODS FOUNDATION, INCLUDING ITS FIVE EDUCATIONAL LEARNING CENTERS & NATIONAL SCHOLARSHIP PROGRAM.(ACTIVITIES ARE SPECIFIC TO 10/1/11 TO 9/30/12) | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 2 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 1 | NbrIndependentVotingMembers |
| Total Nbr Employees | 56 | TotalNbrEmployees |
| Total Nbr Volunteers | 1675 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Contributions Grants Prior Year | 1507390 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 2749153 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 26523148 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 26692898 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 8724 | InvestmentIncomePriorYear |
| Investment Income Current Year | 2503 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 6180 | OtherRevenuePriorYear |
| Other Revenue Current Year | 94533 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 28045442 | TotalRevenuePriorYear |
| Total Revenue Current Year | 29539087 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 5869185 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 1657151 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 1969386 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 2089729 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 0 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 477588 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 24554683 | OtherExpensePriorYear |
| Other Expenses Current Year | 25761918 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 32393254 | TotalExpensesPriorYear |
| Total Expenses Current Year | 29508798 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | -4347812 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 30289 | RevenuesLessExpensesCY |
| Total Assets BOY | 8527679 | TotalAssetsBOY |
| Total Assets EOY | 4365649 | TotalAssetsEOY |
| Total Liabilities BOY | 8321860 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 4129541 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 205819 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 236108 | NetAssetsOrFundBalancesEOY |
| Info In Schedule O Part III | X | InfoInScheduleOPartIII |
| Mission Description | TO FUNCTION AS A SUPPORTING ORGANIZATION IN FURTHERANCE OF THE CHARITABLE ACTIVITIES, EDUCATIONAL PROGRAMS FOR YOUTH, AND GOALS OF THE TIGER WOODS FOUNDATION, INC., A PUBLICLY SUPPORTED ORGANIZATION FORMED & QUALIFIED UNDER SECTION 501(C)(3) OF THE IRC. | MissionDescription |
| Significant New Program Services | false | SignificantNewProgramServices |
| Significant Change | false | SignificantChange |
| Expense | 28903187 | Expense |
| Grants | 1657151 | Grants |
| Revenue | 26692898 | Revenue |
| Description | See Schedule O. | Description |
| Total Program Service Expense | 28903187 | TotalProgramServiceExpense |
| Described In501 C3 | true | DescribedIn501C3 |
| Schedule B Required | true | ScheduleBRequired |
| Political Activities | false | PoliticalActivities |
| Lobbying Activities | false | LobbyingActivities |
| Subject To Proxy Tax | false | SubjectToProxyTax |
| Donor Advised Funds | false | DonorAdvisedFunds |
| Conservation Easements | false | ConservationEasements |
| Collections Of Art | false | CollectionsOfArt |
| Credit Counseling | false | CreditCounseling |
| Term Or Permanent Endowments | false | TermOrPermanentEndowments |
| Report Land Bldg Equip | false | ReportLandBldgEquip |
| Report Invest Oth Securities | false | ReportInvestOthSecurities |
| Report Prog Rel Invest | false | ReportProgRelInvest |
| Report Other Assets | true | ReportOtherAssets |
| Report Other Liabilities | true | ReportOtherLiabilities |
| Report Fin48 Footnote | true | ReportFin48Footnote |
| Independent Audit Financial Stmt | false | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | true | ConsolidatedAuditFinancialStmt |
| School | false | School |
| Foreign Office | false | ForeignOffice |
| Foreign Activities | false | ForeignActivities |
| More Than5000 K To Organizations | false | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividuals |
| Professional Fundraising | false | ProfessionalFundraising |
| Fundraising Activities | false | FundraisingActivities |
| Gaming | true | Gaming |
| Hospital | false | Hospital |
| Grants To Organizations | true | GrantsToOrganizations |
| Grants To Individuals | false | GrantsToIndividuals |
| Schedule J Required | true | ScheduleJRequired |
| Tax Exempt Bonds | false | TaxExemptBonds |
| Excess Benefit Transaction | false | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | false | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | false | LoanToOfficerOrDQP |
| Grant To Related Person | false | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | false | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | false | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | false | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | true | DeductibleNonCashContributions |
| Deductible Contributions Of Art | false | DeductibleContributionsOfArt |
| Terminated | false | Terminated |
| Partial Liquidation | false | PartialLiquidation |
| Disregarded Entity | false | DisregardedEntity |
| Related Entity | true | RelatedEntity |
| Related Org Controlled Entity | false | RelatedOrgControlledEntity |
| Transaction Related Entity | false | TransactionRelatedEntity |
| Transfers To Exempt Non Chrtbl Org | false | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | false | ActivitiesConductedPartnership |
| Schedule O Required | true | ScheduleORequired |
| Number Forms Transmitted With1096 | 63 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | true | ComplianceWithBackupWitholding |
| Number Of Employees | 56 | NumberOfEmployees |
| Employment Tax Returns Filed | true | EmploymentTaxReturnsFiled |
| Unrelated Business Income | false | UnrelatedBusinessIncome |
| Foreign Financial Account | false | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTrans |
| Taxable Party Notification | false | TaxablePartyNotification |
| Non Deductible Contributions | false | NonDeductibleContributions |
| Quid Pro Quo Contributions | true | QuidProQuoContributions |
| Quid Pro Quo Disclosure | true | QuidProQuoDisclosure |
| Form8282 Property Disposed Of | false | Form8282PropertyDisposedOf |
| Funds To Pay Premiums | false | FundsToPayPremiums |
| Premiums Paid | false | PremiumsPaid |
| Indoor Tanning Services | false | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 2 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 1 | NumberIndependentVotingMembers |
| Family Or Business Relationship | false | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | false | DelegationOfManagementDuties |
| Changes To Organizing Docs | false | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuse |
| Members Or Stockholders | false | MembersOrStockholders |
| Election Of Board Members | true | ElectionOfBoardMembers |
| Decisions Subject To Approval | false | DecisionsSubjectToApproval |
| Minutes Of Governing Body | true | MinutesOfGoverningBody |
| Minutes Of Committees | true | MinutesOfCommittees |
| Officer Mailing Address | false | OfficerMailingAddress |
| Local Chapters | false | LocalChapters |
| Form990 Provided To Governing Body | true | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | true | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | true | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | true | RegularMonitoringEnforcement |
| Whistleblower Policy | true | WhistleblowerPolicy |
| Document Retention Policy | true | DocumentRetentionPolicy |
| Compensation Process CEO | true | CompensationProcessCEO |
| Compensation Process Other | true | CompensationProcessOther |
| Investment In Joint Venture | false | InvestmentInJointVenture |
| States Where Copy Of Return Is Filed | CA | StatesWhereCopyOfReturnIsFiled |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | GREGORY T MCLAUGHLIN | NamePerson |
| Telephone Number | 9497253003 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 121 INNOVATION DRIVE SUITE 150 | AddressLine1 |
| City | IRVINE | City |
| State | CA | State |
| ZIP Code | 92617 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part VII | X | InfoInScheduleOPartVII |
Form990 Part VII Section A Form990PartVIISectionA (7 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | OfficerOfficer | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | Highest Compensated EmployeeHighestCompensatedEmployee |
|---|---|---|---|---|---|---|---|
| CHRIS HUBMAN | |||||||
| DIRECTOR | 1.0 | X | |||||
| GREGORY T MCLAUGHLIN | |||||||
| PRESIDENT/CEO/SECRETARY | 45.0 | X | X | 391068 | 118875 | 40784 | |
| LINDSAY MCCULLOUGH thru 2312 | |||||||
| ASSISTANT SECRETARY | 40.0 | X | 66950 | 23282 | |||
| JIN C THATCHER | |||||||
| TREASURER | 1.0 | X | 165890 | 26469 | |||
| EMILY C ANDERSON-TAYLOR | |||||||
| VP OF COMMUNICATIONS & MKTG | 40.0 | 162400 | 0 | 29601 | X | ||
| MICHELLE A BEMIS | |||||||
| VP OF EVENTS & BUSINESS DEV | 40.0 | 174764 | 0 | 14632 | X | ||
| DANIEL F CALLAHAN | |||||||
| CHAMPIONSHIP DIRECTOR | 40.0 | 202502 | 0 | 32936 | X | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 997684 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 284765 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 167704 | TotalOtherCompensation |
| Number Individuals GT100 K | 4 | NumberIndividualsGT100K |
| Formers Listed | false | FormersListed |
| Total Comp GT150 K | true | TotalCompGT150K |
| Compensation From Other Sources | false | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation
Name Of Contractor NameOfContractor
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | HDO PRODUCTIONS | NamePerson |
Address Of Contractor AddressOfContractor
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 11910 PARKLAWN DRIVE | AddressLine1 |
| City | ROCKVILLE | City |
| State | MD | State |
| ZIP Code | 20852 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description Of Services | TENT RENTALS & SETUP | DescriptionOfServices |
| Compensation | 780705 | Compensation |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 1 | NumberOfContractorsGT100K |
| Federated Campaigns | 5000 | FederatedCampaigns |
| All Other Contributions | 2744153 | AllOtherContributions |
| Noncash Contributions | 68750 | NoncashContributions |
| Total Contributions | 2749153 | TotalContributions |
Program Service Revenue ProgramServiceRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | PROGRAM SERVICES | Description |
| Business Code | 900099 | BusinessCode |
| Total Revenue Column | 26692898 | TotalRevenueColumn |
| Related Or Exempt Function Income | 26692898 | RelatedOrExemptFunctionIncome |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 26692898 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 2503 | TotalRevenueColumn |
| Exclusion | $2,503 | ExclusionAmount |
Income From Invest Bond Proceeds IncomeFromInvestBondProceeds
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Royalties Revenue RoyaltiesRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Net Income From Fundraising Events NetIncomeFromFundraisingEvents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Income Gaming | 130000 | GrossIncomeGaming |
| Gaming Direct Expenses | 37053 | GamingDirectExpenses |
Net Income From Gaming NetIncomeFromGaming
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 92947 | TotalRevenueColumn |
| Exclusion | $92,947 | ExclusionAmount |
Net Income Or Loss NetIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Other Revenue Misc OtherRevenueMisc
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | MEMBERSHIP REWARDS | Description |
| Business Code | 900099 | BusinessCode |
| Total Revenue Column | 1586 | TotalRevenueColumn |
| Exclusion | $1,586 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 1586 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 29539087 | TotalRevenueColumn |
| Related Or Exempt Function Income | 26692898 | RelatedOrExemptFunctionIncome |
| Exclusion | $97,036 | ExclusionAmount |
Grants To Domestic Orgs GrantsToDomesticOrgs
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1657151 | Total |
| Program Services | 1657151 | ProgramServices |
Grants To Domestic Individuals GrantsToDomesticIndividuals
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Foreign Grants ForeignGrants
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Benefits To Members BenefitsToMembers
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 409734 | Total |
| Program Services | 297589 | ProgramServices |
| Management And General | 20569 | ManagementAndGeneral |
| Fundraising | 91576 | Fundraising |
Comp Disqual Persons CompDisqualPersons
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1276228 | Total |
| Program Services | 973517 | ProgramServices |
| Management And General | 55521 | ManagementAndGeneral |
| Fundraising | 247190 | Fundraising |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 37194 | Total |
| Program Services | 27014 | ProgramServices |
| Management And General | 1867 | ManagementAndGeneral |
| Fundraising | 8313 | Fundraising |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 263741 | Total |
| Program Services | 191555 | ProgramServices |
| Management And General | 13240 | ManagementAndGeneral |
| Fundraising | 58946 | Fundraising |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 102832 | Total |
| Program Services | 79255 | ProgramServices |
| Management And General | 4324 | ManagementAndGeneral |
| Fundraising | 19253 | Fundraising |
Fees For Services Management FeesForServicesManagement
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 11738 | Total |
| Program Services | 2468 | ProgramServices |
| Management And General | 8511 | ManagementAndGeneral |
| Fundraising | 759 | Fundraising |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 53328 | Total |
| Program Services | 29727 | ProgramServices |
| Management And General | 14453 | ManagementAndGeneral |
| Fundraising | 9148 | Fundraising |
Fees For Services Lobbying FeesForServicesLobbying
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 220235 | Total |
| Program Services | 218971 | ProgramServices |
| Management And General | 232 | ManagementAndGeneral |
| Fundraising | 1032 | Fundraising |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 659026 | Total |
| Program Services | 659026 | ProgramServices |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 221086 | Total |
| Program Services | 219654 | ProgramServices |
| Management And General | 268 | ManagementAndGeneral |
| Fundraising | 1164 | Fundraising |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Royalties Royalties
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 231260 | Total |
| Program Services | 205464 | ProgramServices |
| Management And General | 4731 | ManagementAndGeneral |
| Fundraising | 21065 | Fundraising |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 171127 | Total |
| Program Services | 170008 | ProgramServices |
| Management And General | 211 | ManagementAndGeneral |
| Fundraising | 908 | Fundraising |
Travel Entrtnmnt Public Officials TravelEntrtnmntPublicOfficials
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3939 | Total |
| Program Services | 3710 | ProgramServices |
| Management And General | 42 | ManagementAndGeneral |
| Fundraising | 187 | Fundraising |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Payments To Affiliates PaymentsToAffiliates
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 81816 | Total |
| Program Services | 59715 | ProgramServices |
| Management And General | 4054 | ManagementAndGeneral |
| Fundraising | 18047 | Fundraising |
Other Expenses OtherExpenses (2 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices |
|---|---|---|
| PROG EXP: BENEFIT CONCERTS | 634672 | 634672 |
| PROG EXP: GOLF TOURNAMENTS | 23473691 | 23473691 |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 29508798 | Total |
| Program Services | 28903187 | ProgramServices |
| Management And General | 128023 | ManagementAndGeneral |
| Fundraising | 477588 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3973812 | BOY |
| EOY | 1207359 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4021181 | BOY |
| EOY | 1585776 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 60002 | BOY |
| EOY | 504780 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Receivables From Officers Etc ReceivablesFromOfficersEtc
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Receivables From Disqual Persons ReceivablesFromDisqualPersons
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Other Notes Loans Receivable Net OtherNotesLoansReceivableNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Inventories For Sale Or Use InventoriesForSaleOrUse
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4215 | BOY |
| EOY | 5450 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 463328 | BOY |
| EOY | 816172 | EOY |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Investments Program Related InvestmentsProgramRelated
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Intangible Assets IntangibleAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 5141 | BOY |
| EOY | 246112 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 8527679 | BOY |
| EOY | 4365649 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 873537 | BOY |
| EOY | 855727 | EOY |
Grants Payable GrantsPayable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 750000 | BOY |
| EOY | 1402000 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 6692848 | BOY |
| EOY | 1819820 | EOY |
Tax Exempt Bond Liabilities TaxExemptBondLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Escrow Account Liability EscrowAccountLiability
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Loans From Officers Directors LoansFromOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 5475 | BOY |
| EOY | 51994 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 8321860 | BOY |
| EOY | 4129541 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 205819 | BOY |
| EOY | 236108 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 205819 | BOY |
| EOY | 236108 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 8527679 | BOY |
| EOY | 4365649 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expenses | 30289 | ReconcilationRevenueExpenses |
| Info In Schedule O Part XII | X | InfoInScheduleOPartXII |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | false | AccountantCompileOrReview |
| FS Audited | true | FSAudited |
| Audit Committee | true | AuditCommittee |
| Financial Statement Consolidated | X | FinancialStatementConsolidated |
| Federal Grant Audit Required | false | FederalGrantAuditRequired |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Supporting Organization509a3 | X | SupportingOrganization509a3 |
| Supporting Org509a3 Type2 | X | SupportingOrg509a3Type2 |
| Certification Checkbox | X | CertificationCheckbox |
| Contrib By Controlling Individual | false | ContribByControllingIndividual |
| Contribution By Related Party | false | ContributionByRelatedParty |
| Contrib By35 Controlled Entity | false | ContribBy35ControlledEntity |
Supported Org Information SupportedOrgInformation
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | TIGER WOODS FOUNDATION INC | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 200677815 | EIN |
| Type Of Organization | 02 | TypeOfOrganization |
| Listed In Governing Doc | true | ListedInGoverningDoc |
| Amount | $29,508,798 | Amount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Number Of Supported Orgs | 1 | TotalNumberOfSupportedOrgs |
| Sum Of Amounts | 29508798 | SumOfAmounts |
| General Explanation | The organization provided the following support to its supported organization, the Tiger Woods Foundation, by providing $29,508,798 for the operation of Tiger Woods Invitational 2011, Chevron World Challenge 2011, Tiger Jam 2012, AT&T National 2012, and the Deutsche Bank Championship 2012. A supporting organization for the Tiger Woods Foundation, which provides innovative educational opportunities for youth. Current programs include five educational facilities, a national scholarship program and a STEM summer camp for the children of military. With an emphasis on first-generation scholars, the programs of the Tiger Woods Foundation are proven to help break the cycle of poverty by helping underserved young people graduate from college. These charitable events were held between October 1, 2011-September 30, 2012 to raise funds on behalf of the Foundation's programs. | GeneralExplanation |
Schedule B IRS990ScheduleB
Contributor Info ContributorInfo
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor Number | RESTRICTED | ContributorNumber |
Contributor Name Business ContributorNameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor Address US ContributorAddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Aggregate Contributions | RESTRICTED | AggregateContributions |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Art Public Exhibition Amts | ArtPublicExhibitionAmts | |
| Held Works Of Art Amts | HeldWorksOfArtAmts | |
| Current Year Minus3 Years | CurrentYearMinus3Years | |
| Land | Land | |
| Buildings | Buildings | |
| Leasehold Improvements | LeaseholdImprovements | |
| Equipment | Equipment | |
| Other Land Buildings | OtherLandBuildings |
Other Assets OtherAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | DUE FROM AFFILIATES | Description |
| Book Value | 246112 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | 246112 | TotalBookValueOtherAssets |
| Federal Income Tax Liability | 0 | FederalIncomeTaxLiability |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | DUE TO AFFILIATES | Description |
| Amount | $51,994 | Amount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 51994 | TotalOfAmounts |
| Total Revenue | 29539087 | TotalRevenue |
| Total Expenses | 29508798 | TotalExpenses |
| Excess Or Deficit For Year | 30289 | ExcessOrDeficitForYear |
| Excess Or Deficit Per FS | 30289 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 29576590 | TotRevenueEtcAuditedFinclStmt |
| Other Revenues | 37503 | OtherRevenues |
| Revenue Not Rptd F990 | 37503 | RevenueNotRptdF990 |
| Revenue Subtotal | 29539087 | RevenueSubtotal |
| Total Revenue Per Form990 | 29539087 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 29546301 | TotExpensesEtcAuditedFinclStmt |
| Other Expenses Included | 37503 | OtherExpensesIncluded |
| Expenses Not Rptd F990 | 37503 | ExpensesNotRptdF990 |
| Expenses Subtotal | 29508798 | ExpensesSubtotal |
| Total Expenses Per Form990 | 29508798 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV (2 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| FIN 48 FOOTNOTE (ASC 740) | SCHEDULE D, PART X, LINE 2 | THE FOUNDATION ADOPTED THE PROVISIONS OF ACCOUNTING STANDARDS CODIFICATION (ASC) TOPIC 740, INCOME TAXES, WHICH PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR THE FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT OF A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN AND PROVIDES GUIDANCE ON DERECOGNITION, CLASSIFICATION, INTEREST AND PENALTIES, DISCLOSURE, AND TRANSITION. MANAGEMENT ASSERTS THAT NO SUCH UNCERTAIN TAX POSITIONS EXIST REQUIRING ACCRUAL OR DISCLOSURE AT SEPTEMBER 30, 2012 OR 2011. |
| RECONCILIATION TO AUDITED FINANCIAL STATEMENTS | PART XII, LINE 2D AND PART XIII, LINE 2D | GAMING EXPENSE REPORTED NET OF REVENUE ON FORM 990 - $37,503 |
Schedule G IRS990ScheduleG
Gaming Information GamingInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Revenue Other Gaming | 130000 | GrossRevenueOtherGaming |
| Non Cash Prizes Other Gaming | 23000 | NonCashPrizesOtherGaming |
| Rent Facility Costs Other Gaming | 11553 | RentFacilityCostsOtherGaming |
| Other Direct Expenses Other Gaming | 2500 | OtherDirectExpensesOtherGaming |
| Volunteer Labor Other Gaming | false | VolunteerLaborOtherGaming |
| Gross Revenue Total Gaming | 130000 | GrossRevenueTotalGaming |
| Non Cash Prizes Total Gaming | 23000 | NonCashPrizesTotalGaming |
| Rent Facility Costs Total Gaming | 11553 | RentFacilityCostsTotalGaming |
| Other Direct Expenses Total Gaming | 2500 | OtherDirectExpensesTotalGaming |
| Direct Expense Summary Gaming | 37053 | DirectExpenseSummaryGaming |
| Net Gaming Income Summary | 92947 | NetGamingIncomeSummary |
| Field | Value | IRS element (for citing) |
|---|---|---|
| States Where Gaming Conducted | NV | StatesWhereGamingConducted |
| Licensed | false | Licensed |
| Explanation If No | Charity Poker Tournament in conjunction with the Tiger Jam 2012 charity fundraising event gaming was operated through a third party, Mandalay Bay Resort and Casino. | ExplanationIfNo |
| License Suspended Etc | false | LicenseSuspendedEtc |
| Gaming With Nonmembers | true | GamingWithNonmembers |
| Member Of Other Entity | false | MemberOfOtherEntity |
| Percentage Of Gaming Othr Facility | 1.00000 | PercentageOfGamingOthrFacility |
| Name Of Gaming Rec Keeper Person | GREGORY T MCLAUGHLIN | NameOfGamingRecKeeperPerson |
Address Of Gaming Rec Keeper US AddressOfGamingRecKeeperUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 121 INNOVATION DRIVE SUITE 150 | AddressLine1 |
| City | IRVINE | City |
| State | CA | State |
| ZIP Code | 92617 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contract With3rd Party For Gam Rev | true | ContractWith3rdPartyForGamRev |
| Amt Of Gaming Revenue Recvd By Org | 118716 | AmtOfGamingRevenueRecvdByOrg |
| Amt Of Gaming Revenue Retnd By3 Prty | 11284 | AmtOfGamingRevenueRetndBy3Prty |
| Name Of Third Party Person | MANDALAY BAY RESORT AND CASINO | NameOfThirdPartyPerson |
Address Of Third Party US AddressOfThirdPartyUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3950 SOUTH Las Vegas Blvd | AddressLine1 |
| City | Las Vegas | City |
| State | NV | State |
| ZIP Code | 89119 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Charitable Distrib Required | false | CharitableDistribRequired |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | true | RecordsMaintained |
Recipient Table RecipientTable (7 entries)
| Address Line1AddressUS/AddressLine1 | CityAddressUS/City | StateAddressUS/State | ZIP CodeAddressUS/ZIPCode | EIN Of RecipientEINOfRecipient | IRC SectionIRCSection | Amount Of Cash GrantAmountOfCashGrant | Method Of ValuationMethodOfValuation | Description Of Non Cash AssistanceDescriptionOfNonCashAssistance | Purpose Of GrantPurposeOfGrant | Amount Of Non Cash AssistanceAmountOfNonCashAssistance |
|---|---|---|---|---|---|---|---|---|---|---|
| Tiger Woods Foundation | ||||||||||
| 121 Innovation Drive Suite 150 | Irvine | CA | 92617 | 200677815 | 501(C)(3) | 1525000 | N/A | N/A | YOUTH DEVELOPMENT | |
| World Golf Foundation Inc | ||||||||||
| One World Golf Place St | Augustine | FL | 320922727 | 592998925 | 501(C)(3) | 50000 | N/A | N/A | GOLF EDUCATION | |
| Adat Shalom Reconstructionist Congregation | ||||||||||
| 7727 Persimmon Tree Lane | Bethesda | MD | 20817 | 521763207 | 501(C)(3) | 14360 | n/a | n/a | religious education | 0 |
| Connelly School of the Holy Child | ||||||||||
| 9029 Bradley Blvd | Potomac | MD | 20854 | 520743609 | 501(C)(3) | 12500 | n/a | n/a | sports education | 0 |
| Gar-Field High School | ||||||||||
| 14000 Smoketown Road | Woodbridge | VA | 22193 | 546001533 | 501(C)(3) | 12000 | n/a | n/a | sports education | 0 |
| ThanksUSA | ||||||||||
| 1390 Chain Bridge Road 260 | McLean | VA | 22101 | 203973151 | 501(c)(3) | 7500 | n/a | n/a | scholarships | 0 |
| Saint Andrew Romanian Orthodox Church | ||||||||||
| 9111 River Road | Bethesda | MD | 20854 | 224570443 | 501(C)(3) | 16000 | n/a | n/a | religious education | 0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Nbr Of501 C3 And Govt Grants | 7 | TotalNbrOf501C3AndGovtGrants |
Form990 Schedule I Part IV Form990ScheduleIPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | PROCEDURES FOR MONITORING THE USE OF GRANT FUNDS | Identifier |
| Return Reference | SCHEDULE I, PART I, LINE 2 | ReturnReference |
| Explanation | AS A SECTION 509(a)(3) SUPPORTING ORGANIZATION, THE ORGANIZATION OPERATES EXCLUSIVELY FOR THE BENEFIT OF, TO PERFORM THE FUNCTION OF, OR TO CARRY OUT THE EXEMPT PURPOSES OF THE TIGER WOODS FOUNDATION (PROGRAMS SUCH AS LEARNING CENTERS AND SCHOLARSHIPS), WHICH INCLUDE MAKING PAYMENTS DIRECTLY TO THE BENEFICIARY ORGANIZATION, TRANSFERRING AND MONITORING THAT RESTRICTIONS ARE MET BEFORE RELEASE AND EXPENDITURE OF SUCH FUNDS. For grants to other organizations, the Foundation does require progress reports on select grants once the grant has been made. Also, the Foundation utilizes pre-grant procedures and inquiries to ensure the grantee organization meets the requirements for approved programmatic areas of funding. | Explanation |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Compensation Committee | X | CompensationCommittee |
| Independent Consultant | X | IndependentConsultant |
| Compensation Survey | X | CompensationSurvey |
| Board Or Committee Approval | X | BoardOrCommitteeApproval |
| Severance Payment | false | SeverancePayment |
| Supplemental Nonqual Retire Plan | false | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | false | EquityBasedCompArrangement |
| Comp Based On Revenue Of Filing Org | false | CompBasedOnRevenueOfFilingOrg |
| Comp Based On Revenue Related Orgs | false | CompBasedOnRevenueRelatedOrgs |
| Comp Based Net Earnings Filing Org | false | CompBasedNetEarningsFilingOrg |
| Comp Based Net Earnings Relate Orgs | false | CompBasedNetEarningsRelateOrgs |
| Any Non Fixed Payments | false | AnyNonFixedPayments |
| Initial Contract Exception | false | InitialContractException |
Form990 Schedule J Part II Form990ScheduleJPartII (5 entries)
| Base Compensation Filing OrgBaseCompensationFilingOrg | Comp Based On Related OrgsCompBasedOnRelatedOrgs | Bonus Filing OrgBonusFilingOrg | Bonus Related OrgsBonusRelatedOrgs | Other Compensation Related OrgsOtherCompensationRelatedOrgs | Deferred Comp Filing OrgDeferredCompFilingOrg | Deferred Comp Related OrgsDeferredCompRelatedOrgs | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrg | Nontaxable Benefits Related OrgsNontaxableBenefitsRelatedOrgs | Total Compensation Filing OrgTotalCompensationFilingOrg | Total Compensation Related OrgsTotalCompensationRelatedOrgs | Comp Report Prior990 Related OrgsCompReportPrior990RelatedOrgs | Other Compensation Filing OrgOtherCompensationFilingOrg | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrg |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| EMILY C ANDERSON-TAYLOR | |||||||||||||
| 144400 | 0 | 18000 | 0 | 0 | 6624 | 0 | 22977 | 0 | 192001 | 0 | 0 | ||
| MICHELLE A BEMIS | |||||||||||||
| 145600 | 0 | 18000 | 0 | 0 | 6624 | 0 | 8008 | 0 | 189396 | 0 | 0 | 11164 | |
| DANIEL F CALLAHAN | |||||||||||||
| 144200 | 0 | 54000 | 0 | 0 | 7616 | 0 | 25320 | 0 | 235438 | 0 | 0 | 4302 | |
| JIN C THATCHER | |||||||||||||
| 145600 | 15750 | 4540 | 7428 | 19041 | 192359 | ||||||||
| GREGORY T MCLAUGHLIN | |||||||||||||
| 252396 | 118875 | 111320 | 9800 | 30984 | 422052 | 128675 | 27352 | 0 | |||||
Form990 Schedule J Part III Form990ScheduleJPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | Compensation from Related Organizations: | Identifier |
| Explanation | THE PRESIDENT, SECRETARY AND CEO, GREGORY T. MCLAUGHLIN, IS COMPENSATED THROUGH TIGER WOODS CHARITY EVENT CORPORATION AND A RELATED 501(C)(3) ORGANIZATION, TIGER WOODS FOUNDATION, INC., WHERE HE DEVOTES A COMBINED TOTAL OF 65 HOURS. In conjunction with his duties as President and CEO of the Tiger Woods Foundation, he oversees all five tiger woods learning centers and all the national scholarship programs. Mr. Mclaughlin's total compensation for his services provided to the two 501(c)(3) affiliated public charities was paid as follows: (b)(i) (b)(ii) (b)(iii) (c) (d) Tiger Woods Foundation 118,875 NONE NONE 9,800 NONE Tiger Woods CEC 252,396 111,320 27,352 NONE 30,984 ------------------------------------------- Total 371,271 111,320 27,352 9,800 30,984 Form 990, Schedule J, Part I, line 3: The organization relied on A related organization, Tiger Woods Foundation, INC., that used one or more of the following methods described in Schedule J, Part I, Line 3, to establish the organization's top management official's compensation: Compensation committee Independent compensation consultant compensation survey and study approval by the board and compensation committee | Explanation |
Schedule M IRS990ScheduleM
| Field | Value | IRS element (for citing) |
|---|---|---|
| Works Of Art | WorksOfArt | |
| Art Historical Treasures | ArtHistoricalTreasures | |
| Art Fractional Interest | ArtFractionalInterest | |
| Books And Publications | BooksAndPublications | |
| Clothing And Household Goods | ClothingAndHouseholdGoods | |
| Cars And Other Vehicles | CarsAndOtherVehicles | |
| Boats And Planes | BoatsAndPlanes | |
| Intellectual Property | IntellectualProperty | |
| Securities Publicly Traded | SecuritiesPubliclyTraded | |
| Securities Closely Held Stock | SecuritiesCloselyHeldStock | |
| Securities Prtnrshp Trust Intrsts | SecuritiesPrtnrshpTrustIntrsts | |
| Securities Miscellaneous | SecuritiesMiscellaneous | |
| Qualified Contrib Hist Struct | QualifiedContribHistStruct | |
| Qualified Contrib Other | QualifiedContribOther | |
| Real Estate Residential | RealEstateResidential | |
| Real Estate Commercial | RealEstateCommercial | |
| Real Estate Other | RealEstateOther | |
| Collectibles | Collectibles | |
| Food Inventory | FoodInventory | |
| Drugs And Medical Supplies | DrugsAndMedicalSupplies | |
| Taxidermy | Taxidermy | |
| Historical Artifacts | HistoricalArtifacts | |
| Scientific Specimens | ScientificSpecimens | |
| Archaeological Artifacts | ArchaeologicalArtifacts |
Other Non Cash Contributions Table OtherNonCashContributionsTable
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Description | GOLF SUPPLIES | Description |
| Number Of Contributions | 1 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 68750 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | RETAIL VALUE | MethodOfDeterminingRevenues |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of8283 Received | 0 | NumberOf8283Received |
| Any Property That Must Be Held | false | AnyPropertyThatMustBeHeld |
| Review Process Unusual NC Gifts | true | ReviewProcessUnusualNCGifts |
| Third Parties Used | false | ThirdPartiesUsed |
Form990 Schedule M Part II Form990ScheduleMPartII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | PART I, COLUMN B | Identifier |
| Explanation | THE CORPORATION IS REPORTING THE NUMBER OF CONTRIBUTIONS RECEIVED. | Explanation |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (10 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| PROGRAM SERVICE ACCOMPLISHMENTS | FORM 990, PART III, LINE 4 | TIGER WOODS INVITATIONAL PRESENTED BY USLI 2011 THE TIGER WOODS INVITATIONAL PRESENTED BY USLI FEATURES THREE DAYS OF UNPARALLELED GOLF ON THE MONTEREY PENINSULA. THIS UNIQUE EVENT RAISES FUNDS FOR THE TIGER WOODS FOUNDATION AND ITS FIRST-GENERATION SCHOLARS. HELD OCT. 11-13, 2011, THE TIGER WOODS INVITATIONAL FEATURED 120 AMATEUR GOLFERS WHO COMPETED ON SPYGLASS HILL GOLF COURSE, MONTEREY PENINSULA COUNTRY CLUB AND PEBBLE BEACH GOLF LINKS. IN ADDITION TO THE GOLF, GUESTS WERE ALSO TREATED TO AN EVENING RECEPTION, WHICH FEATURED REMARKS FROM HOST TIGER WOODS, PEBBLE BEACH FOUNDER PETER UEBERROTH, EARL WOODS SCHOLAR VINA VO, WHO SHARED HER STORY AS A FIRST-GENERATION SCHOLAR SUPPORTED BY THE TIGER WOODS FOUNDATION. PROCEEDS FROM THE EVENT SUPPORTED MORE THAN 70 EARL WOODS SCHOLARS LIKE VINA AND THE TIGER WOODS LEARNING CENTERS IN ANAHEIM, CA; PHILADELPHIA, PA; STUART, FL; AND WASHINGTON, DC. IN 2012, THE FOUNDATION ANNOUNCED THE TIGER WOODS LEARNING CENTER HAD SERVED MORE THAN 100,000 STUDENTS SINCE 2006. CHEVRON WORLD CHALLENGE HELD NOV. 31 - DEC. 4, 2011, THE CHEVRON WORLD CHALLENGE TAKES PLACE AT BEAUTIFUL SHERWOOD COUNTRY CLUB IN THOUSAND OAKS, CALIF, AND FEATURES 18 OF THE WORLD'S BEST PGA TOUR GOLFERS. THE 13TH WORLD CHALLENGE PROVED TO BE ONE OF THE MOST EXCITING YET WITH FIERCE COMPETITION FROM 12 PRESIDENTS CUP PLAYERS, FEDEXCUP CHAMPION BILL HAAS, YOUNG STANDOUTS RICKIE FOWLER AND KEEGAN BRADLEY ALONG WITH TOURNAMENT HOST TIGER WOODS. PRIOR TO COMPETITION ROUNDS, THE TOURNAMENT HOSTED TIGER WOODS LEARNING CENTER STUDENT ALMA GUTIERREZ, WHO SERVED AS THE KEYNOTE SPEAKER FOR THE WEDNESDAY NIGHT PRO-AM DINNER. GUTIERREZ DETAILED HER JOURNEY FROM ADVERSITY TO TRIUMPH THANKS TO THE PROGRAMS OF THE TIGER WOODS FOUNDATION. ON COURSE, THE COMPETITION WAS FIERCE, WITH TIGER EMERGING VICTORIOUS FOR THE FIRST TIME SINCE 2009. PROCEEDS FROM THE EVENT SUPPORTED MORE THAN 70 EARL WOODS SCHOLARS AND THE TIGER WOODS LEARNING CENTERS, INCLUDING THE FLAGSHIP LOCATION IN ANAHEIM, CALIFORNIA, WHERE ALMA ATTENDED THROUGHOUT HIGH SCHOOL. IN 2012, THE FOUNDATION ANNOUNCED THE TIGER WOODS LEARNING CENTER SERVED MORE THAN 100,000 STUDENTS SINCE 2006. TIGER JAM 2012 IN LAS VEGAS POKER IS EVERYWHERE, BUT ONLY AT THE 2012 TIGER JAM COULD GUESTS PLAY THE GAME ALONGSIDE GOLF SUPERSTAR TIGER WOODS, ELEVEN-TIME WORLD SERIES OF POKER CHAMPION PHIL HELLMUTH, AND POKER LEGEND DOYLE BRUNSON. ON APRIL 27, WOODS HOSTED AN EXCLUSIVE NIGHT OF POKER AT MANDALAY BAY RESORT AND CASINO, AS PART OF TIGER JAM, A VIP CONCERT EVENT THAT RAISES FUNDS FOR THE TIGER WOODS FOUNDATION AND ITS FIRST GENERATION SCHOLARS. THE FOLLOWING NIGHT, GUESTS MIXED AND MINGLED OVER COCKTAILS AND HORS D'OEUVRES AT THE TIGER JAM RECEPTION, WHICH FEATURED LIVE AND SILENT AUCTIONS. POST RECEPTINON, GUESTS MADE THEIR WAY TO MANDALAY BAY EVENTS CENTER AND WERE TREATED TO A ROCKING CONCERT HEADLINED BY JON BON JOVI AND FRIENDS. FOLLOWING THE SHOW, GUESTS RETURNED TO THE HOUSE OF BLUES FOR THE AFTER-PARTY HOSTED BY M.C. HAMMER. PROCEEDS FROM THE EVENT SUPPORTED MORE THAN 70 EARL WOODS SCHOLARS AND THE TIGER WOODS LEARNING CENTERS IN ANAHEIM, CA, PHILADELPHIA, PA, STUART, FL AND WASHINGTON, DC. IN 2012, THE FOUNDATION ANNOUNCED THE TIGER WOODS LEARNING CENTER HAD SERVED MORE THAN 100,000 STUDENTS SINCE 2006. AT&T NATIONAL 2012 THANKS TO SUPPORT FROM ALMOST 140,000 ENTHUSIASTIC GOLF FANS, 2,000 HARD-WORKING VOLUNTEERS AND THE LOCAL WASHINGTON, D.C., COMMUNITY, THE 2012 AT&T NATIONAL, HOSTED BY TIGER WOODS, MADE ITS TRIUMPHANT RETURN TO BEAUTIFUL CONGRESSIONAL COUNTRY CLUB. HELD JUNE 26 - JULY 1, THE EVENT SAW RECORD-BREAKING HEAT AND A POWERFUL STORM AFTER FRIDAY'S SECOND ROUND, WHICH DOWNED 40 TREES AND LEFT MUCH OF BETHESDA, INCLUDING THE TOURNAMENT, WITHOUT POWER. IN THE INTEREST OF SAFETY, TOURNAMENT OFFICIALS CLOSED THE COURSE TO SPECTATORS - A NEARLY UNHEARD OF OCCURRENCE FOR A PGA TOUR EVENT - FORCING PLAYERS TO COMPLETE THE THIRD ROUND WITHOUT THE USUAL CHEERS FROM THE GALLERY. YET ON SUNDAY, A RECORD NUMBER OF FANS DESCENDED ON CONGRESSIONAL TO WATCH WOODS WIN THE TOURNAMENT HE FOUNDED, AS HE CAPTURED HIS 74TH CAREER VICTORY. WOODS SHOT 2-UNDER-PAR 69 TO FINISH AT 8-UNDER AND HOLD OFF BO VAN PELT, WHO SHOT 71 AND FINISHED AT 6-UNDER. PROCEEDS FROM THE AT&T NATIONAL BENEFIT THE TIGER WOODS FOUNDATION AND ITS FIRST GENERATION SCHOLARS, INCLUDING 25 WASHINGTON, DC-AREA EARL WOODS SCHOLARSHIP RECIPIENTS AND TWO TIGER WOODS LEARNING CENTER CAMPUSES IN WARDS 6 & 7. DEUTSCHE BANK CHAMPIONSHIP 2012 THE DEUTSCHE BANK CHAMPIONSHIP, NEW ENGLAND'S PREMIER PGA TOUR PLAYOFF EVENT HELD OVER LABOR DAY WEEKEND AT TPC BOSTON IN NORTON, MASS, CELEBRATED ITS 10TH ANNIVERSARY IN 2012. HELD AUG. 29 - SEPT. 3, THE DEUTSCHE BANK CHAMPIONSHIP IS THE SECOND EVENT OF THE FEDEXCUP PLAYOFFS, AND WELCOMED THE TOP 100 PLAYERS IN THE WORLD. RORY MCILROY TURNED IN BACK-TO-BACK FINAL ROUNDS OF 67 TO OUTLAST LOUIS OOSTHUIZEN AND TIGER WOODS AND CAPTURE THE 2012 DEUTSCHE BANK CHAMPIONSHIP. PROCEEDS FROM THE EVENT SUPPORTED MORE THAN 70 EARL WOODS SCHOLARS AND THE TIGER WOODS LEARNING CENTERS IN ANAHEIM, CA, PHILADELPHIA, PA, STUART, FL AND WASHINGTON, DC. MORE SPECIFICALLY, 2012 MARKED THE GRADUATION OF THE FOUNDATION'S FIRST BOSTON SCHOLAR, VLADIMIR CASSEUS. VLADIMIR EARNED HIS BACHELOR OF SCIENCE IN PSYCHOLOGY FROM COLLEGE OF THE HOLY CROSS IN WORCESTER, MASS., AND DEDICATED HIS FIRST YEAR OF POST-COLLEGE LIFE TO CITY YEAR, AN ORGANIZATION THAT HELPS UNDERSERVED HIGH SCHOOL STUDENTS STAY ON TRACK FOR GRADUATION. HE WILL PURSUE HIS MASTERS IN PSYCHOLOGY AT TUFTS UNIVERSITY IN FALL 2013. |
| MEMBERS OF THE ORGANIZATION | FORM 990, PART VI, LINE 7A | THE ORGANIZATION HAS a sole MEMBER. THE MEMBER'S CLASS IS NONVOTING. THE MEMBER ELECTS AND DESIGNATES THE BOARD OF GOVERNORS. ALL CORPORATE POWERS ARE MANAGED UNDER THE DIRECTION OF THE BOARD OF governors. |
| PROCESS FOR REVIEW OF FORM 990 | FORM 990, PART VI, LINE 11 | The Board of governors has delegated the review of the Form 990 to the Audit Committee. The organization's Executive Staff works closely with the outside accounting firm it engages to review the return; and the final draft of Form 990 is also reviewed by the treasurer/CFO prior to providing the draft to the Audit Committee. In addition to consulting with the treasurer/CFO and Executive Staff, the Audit Committee also meets with the accounting firm hired to prepare the Form 990. Subsequent to its review, the Audit Committee reports back to the Board regarding its oversight of the Form 990 and the final draft is provided to the entire Board before the return is filed. |
| CONFLICT OF INTEREST POLICY | FORM 990, PART VI, LINE 12C | Pursuant to the Conflict of Interest Policy, an annual conflict of interest questionnaire, aimed at determining any family and business relationship transactions or other transactions that may pose a potential conflict, is distributed to all covered persons (i.e., board members, officers and executive leadership or key employees). Covered persons are required to disclose real or potential conflicts at the time when such conflicts arise. When someone becomes a covered person and annually thereafter, each covered person is required to sign a statement affirming that he/she: (1) has received a copy of the Conflict of Interest Policy; (2) has read the Policy and understands said Policy; and (3) agrees to comply with all requirements of the Policy, including completing the conflict of interest questionnaire. The procedures for addressing any conflict of interest includes, but is not limited to, the following: (1) the conflicting interest is fully disclosed to the Board; (2) the interested person responds to factual questions related to the substance of the transaction or arrangement being considered, after which he/she shall leave the meeting; (3) the person with the conflict of interest is excluded from the discussion and approval of such transaction; (4) alternatives to the proposed transaction are investigated, competitive bids or comparable valuations are obtained; (5) any conflicting issues during the course of a Board meeting which cannot be resolved is referred to the Governance Committee; and (6) the transaction or action must be approved by a majority of disinterested persons. |
| COMPENSATION DETERMINATION PROCESS | FORM 990, PART VI, LINE 15 | The Board appoints a COMPENSATION Committee, none of which have a conflict of interest with respect to the compensation arrangement, to be accountable for setting reasonable compensation packages for each officer or key employee, including the CEO. The COMPENSATION Committee develops, consistent with the organization's philosophy and principles, the annual performance goals and criteria to be used in determining merit increases and variable compensation criteria for officers and key employees. The COMPENSATION Committee also hires a qualified independent compensation and benefits specialist (independent expert) to review, analyze and provide benchmarking data for the total compensation and benefits packages of officers and key employees. Appropriate comparability data is obtained from the independent experts, (i.e., total economic benefits paid by similarly situated organizations, both taxable and tax-exempt) for similar job responsibilities. ANNUALLY THE COMPENSATION COMMITTEE APPROVES THE COMPENSATION FOR CEO, OFFICER AND ANY KEY EMPLOYEE. INCENTIVE COMPENSATION IS DETERMINED BY THE COMPENSATION COMMITTEE AT THE END OF THE CALENDAR YEAR BASED ON THE EMPLOYEE'S PERFORMANCE AGAINST STATED GOALS FOR THAT YEAR. The Committee's written records include the (1) terms of the arrangement with the disqualified person (including the date the arrangement was approved); and (2) a description of the comparable data relied on by the Committee. Key deliberations of the Committee, including: (A) The terms of the transaction that was approved and the date it was approved; (B) The members of the authorized body who were present during debate on the transaction that was approved and those who voted on it; (C) The comparability data obtained and relied upon by the authorized body and how the data was obtained; and (D) Any actions taken with respect to consideration of the transaction by anyone who is otherwise a member of the authorized body but who had a conflict of interest with respect to the transaction are also documented in minutes, which are approved at the next Committee meeting. |
| AVAILABILITY OF DOCUMENTS | FORM 990, PART VI, LINE 19 | While federal tax laws do not mandate that the organization's governing documents, conflict of interest policy and financial statements be made available for public inspection, the organization makes its audited financial statements that were prepared in accordance with generally accepted accounting principles (GAAP) available upon request. |
| Audit of Financial Statements by Independent Accountant | Form 990, Parts IV, Line 12A & XI, Line 2C | The Tiger Woods Charity Event Corporation's financial statements were included in the consolidated audited financial statements of The Tiger Woods Foundation Inc., and Affiliates. The consolidated audited financial statements were audited by KPMG, an independent accounting firm, and were prepared in accordance with GAAP. |
| HOURS DEVOTED FOR RELATED ORGANIZATION | FORM 990 PART VII | NAME:GREGORY T MCLAUGHLIN TITLE:PRESIDENT/CEO/SECRETARY HOURS:20 |
| HOURS DEVOTED FOR RELATED ORGANIZATION | FORM 990 PART VII | NAME:LINDSAY MCCULLOUGH (thru 2/3/12) TITLE:ASSISTANT SECRETARY HOURS:1 |
| HOURS DEVOTED FOR RELATED ORGANIZATION | FORM 990 PART VII | NAME:JIN C THATCHER TITLE:TREASURER HOURS:49 |
Schedule R IRS990ScheduleR
Form990 Schedule R Part II Form990ScheduleRPartII
Name Of Disregarded Entity NameOfDisregardedEntity
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | TIGER WOODS FOUNDATION INC | BusinessNameLine1 |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 121 INNOVATION DR STE 150 | AddressLine1 |
| City | IRVINE | City |
| State | CA | State |
| ZIP Code | 92617 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 200677815 | EIN |
| Primary Activities | EDUCATION | PrimaryActivities |
| Legal Domicile State | CA | LegalDomicileState |
| Exempt Code Section | 501(C)(3) | ExemptCodeSection |
| Public Charity Status | 2 | PublicCharityStatus |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | NA | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Controlled Org | false | ControlledOrg |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Ann Rents Royalties | false | ReceiptOfIntAnnRentsRoyalties |
| Gift Grant Or Cap Contr To Other Org | true | GiftGrantOrCapContrToOtherOrg |
| Gift Grant Or Cap Contr Fr Other Org | false | GiftGrantOrCapContrFrOtherOrg |
| Loans Or Guarantees To Other Org | false | LoansOrGuaranteesToOtherOrg |
| Loans Or Guarantees From Other Org | false | LoansOrGuaranteesFromOtherOrg |
| Sale Of Assets To Other Org | false | SaleOfAssetsToOtherOrg |
| Purchase Of Assets From Other Org | false | PurchaseOfAssetsFromOtherOrg |
| Exchange Of Assets | false | ExchangeOfAssets |
| Rental Of Facilities To Other Orgs | false | RentalOfFacilitiesToOtherOrgs |
| Rental Of Facilities Fr Other Orgs | false | RentalOfFacilitiesFrOtherOrgs |
| Perform Of Services For Other Orgs | false | PerformOfServicesForOtherOrgs |
| Perform Of Services By Other Orgs | false | PerformOfServicesByOtherOrgs |
| Sharing Of Facilities | true | SharingOfFacilities |
| Sharing Of Paid Employees | true | SharingOfPaidEmployees |
| Reimbursement Paid To Other Org | true | ReimbursementPaidToOtherOrg |
| Reimbursement Paid By Other Org | true | ReimbursementPaidByOtherOrg |
| Other Transfer To Other Org | false | OtherTransferToOtherOrg |
| Other Transfer From Other Org | false | OtherTransferFromOtherOrg |
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