2012-11-13T15:58:17-06:00 2011-12-31 Grant Thornton LLP 200 South Orange Avenue Suite 2050 Orlando FL 32801 990 2011-01-01 593085528 The LPGA Foundation % KATHRYN MILTHORPE LPGA 3862746200 100 International Golf Drive Daytona Beach FL 32124 Kathryn Milthorpe 2012-10-31 true Dawn M Olivardia 4074815100 2011 2016-02-24 21:20:13Z Kathryn Milthorpe 100 International Golf Dr Daytona Beach FL 32124 3677165 false X www.lpgafoundation.org X 1991 FL Conduct charitable activities of the Ladies Professional Golf Association. 15 10 0 800 0 929719 961742 68000 2649234 66242 66189 67312 0 1131273 3677165 428799 502389 0 0 226296 194410 137112 38806 77566 233445 2648948 1025652 3384553 105621 292612 3848233 3971654 409808 269669 3438425 3701985 X CONDUCT CHARITABLE ACTIVITIES OF THE LADIES PROFESSIONAL GOLF ASSOCIATION. true false 625180 335995 76870 DEVELOP AND MAINTAIN JUNIOR GOLF PROGRAMS ACROSS THE COUNTRY. THESE PROGRAMS ARE PRIMARILY FUNDED THROUGH CONTRIBUTIONS RECEIVED BY THE FOUNDATION. 20040 12300 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. 169592 154094 DEVELOP AND MAINTAIN A SCHOLARSHIP PROGRAM WHICH PROVIDES ACADEMIC SCHOLARSHIPS FOR JUNIOR GOLFERS. 2140885 2572364 THE LPGA FOUNDATION IS INVOVLED IN CONDUCTING A TOURNAMENT ON THE LPGA TOURNAMENT SCHEDULE. 2140885 2572364 2955697 true true false false false false false false false true false false false false false true false false false true true false false false false false true true true false false false false false false false false false false false false true true false false true false true 57 0 true 0 false false false false false true true false false false false X 15 10 false false false false true true false true true false false true true true true false true true true false AZ FL X KATHRYN MILTHORPE 3862746200 100 INTERNATIONAL GOLF DR Daytona Beach FL 32124 Michael Whan 1.0 X X 0 636138 20360 Kathryn Milthorpe 2.0 X X 180071 20781 Nancy Henderson 20.0 X X 159540 9230 William Susetka 1.0 X Lewis Horne 1.0 X X Karen Furtado 1.0 X X James Eden 1.0 X Donna Bailey 1.0 X Rick Brawner 1.0 X Lynn Connelly 1.0 X Barbara Kauffman 1.0 X Nancy Lopez 1.0 X 3500 Donna Richardson Joyner 1.0 X Deb Vangellow 1.0 X 8600 Michelle Ellis 1.0 X 10000 Kim Hall 1.0 X 0 997849 50371 0 false true false 0 201810 759932 961742 CLUB REGISTRATION 900099 76870 76870 LPGA FOUNDERS TOURNAMENT 711300 2572364 2572364 2649234 66189 66189 0 0 0 0 0 0 0 3677165 2649234 66189 490089 490089 12300 12300 0 0 79770 63816 7977 7977 0 86996 69596 8700 8700 1246 996 125 125 12582 10066 1258 1258 13816 11054 1381 1381 0 365 300 65 29420 29420 0 38806 38806 15000 15000 201073 201073 130392 100244 17109 13039 7812 6250 781 781 0 0 0 54990 43992 5499 5499 0 0 0 0 1924 1924 8402 8402 COMMUNITY EVENTS 54500 54500 BANK FEES 4185 4185 TOURNAMENT EXPENSE 2140885 2140885 3384553 2955697 351290 77566 0 0 1161251 1425906 0 0 284733 71060 0 0 0 0 0 0 0 0 0 39434 14291 11056 5159 3235 2397090 2432019 0 0 0 0 0 0 0 0 3848233 3971654 201808 142139 0 0 208000 127530 0 0 0 0 0 0 0 0 0 0 0 0 409808 269669 X 390463 297340 3047962 3404645 0 0 3438425 3701985 3848233 3971654 X 292612 -29052 X false true true X false X X X X false false false LPGA 750055465 0 true true true 0 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 14291 11056 3235 3235 3677165 3384553 292612 -29052 -29052 263560 3648113 3648113 29052 29052 3677165 3384553 3384553 3384553 SCHEDULE D, PART XII, LINE 4B UNREALIZED LOSS ON INVESTMENTS true East Asia and the Pacific Program Services Donation 130834 130834 130834 X false false false false false false true Three Rivers Park District 3000 Xenium Lane N Plymouth MN 55441 15450 Matching grant Triad Youth Golf Foundation 5834 Bur Mil Club Road Greensboro NC 27410 11250 Matching grant Alvernia University 400 St Bernadine St Reading PA 19607 10000 Scholarship Brown University 164 Angell Street Box J Providence RI 02912 10000 Scholarship Elon University 100 Campus Drive Elon College NC 27244 10000 Scholarship Hope College 100 East 8th Street 280 Holland MI 49423 10000 Scholarship Mount Mercy University 1330 Elmhurst Drive Cedar Rapids IA 52402 10000 Scholarship Southern Illinois University 6 Harpin Drive Rendleman Bldg Rm 33 Edwardsville IL 62026 10000 Scholarship St Mary's University One Camino Santa Maria San Antonio TX 78228 10000 Scholarship The University of Findlay 1000 N Main Street Findlay OH 45840 10000 Scholarship University of CA Berkeley 115 Haas Pavilion Berkeley CA 94720 10000 Scholarship Western Michigan University 1903 W Michigan Avenue Kalamazoo MI 49008 10000 Scholarship Williams College 880 Main Street Williamstown MA 01267 10000 Scholarship New York Sport Foundation 1521 Ocean Ave 3C Brooklyn NY 11230 9500 Matching grant LS Golf Shop 912 N 4th Street Fargo ND 58102 7500 Matching grant Partners Fore Golf 4887 Arlene Place Pleasanton CA 94566 7450 Matching grant PJA Golf Clinic & Events Inc 5240 SW 54th Avenue Miami FL 33155 7200 Matching grant LPGA Urban Youth Golf Program of DE 599 Rockland Road PO Box 419 Rockland DE 19732 6250 Matching grant Pro Kids Golf Academy 4085 52nd Street San Diego CA 92105 6200 Matching grant Girls Golf Club of Dallas 1403 Sutton Drive Carrollton TX 75006 5800 Matching grant Children's Golf Foundation 7301 N Haverhill Road West Palm Beach FL 33407 5700 Matching grant Girls Golf of Easter NEWestern IA 4817 Saratoga Street Omaha NE 68104 5400 Matching grant Grants not Greater Than 5000 100 International Golf Drive Daytona Beach FL 32124 284589 Scholarships, Matching Grants and Donations Player Development Products 14843 Highway 10 Tahlequah OK 74464 7800 Financial Assistance 45 115 Financial Assistance 2 12300 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 WRITES THE MAJORITY OF THE CHECKS DIRECTLY TO THE UNIVERSITY FOR THE GRANTEES. THERE WERE SEVERAL SMALLER GRANTS 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 0 496138 140000 20360 0 656498 0 0 Kathryn Milthorpe 160071 20000 20781 200852 0 0 Nancy Henderson 159540 9230 168770 0 0 Schedule J, Part I, Line 6b THE INCENTIVE PLAN HAS COMPONENTS BASED ON NET EARNINGS OF THE LPGA. 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 BOARD OF DIRECTORS SHALL APPROVE AND RECOMMEND AT-LARGE DIRECTORS FOR ELECTION BY THE MAJORITY VOTE OF THE DIRECTORS CONSTITUTING A QUORUM AND ENTITLED TO VOTE AT SUCH MEETING. 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. PROCESS FOR DETERMINING COMPENSATION FORM 990, PART VI, LINE 15A THE HR/LEGAL COMMITTEE OF THE RELATED ORGANIZATION IS CHARGED WITH RECOMMENDING THE COMPENSATION OF THE COMMISSIONER OF THE LPGA TO THE LPGA BOARD OF DIRECTORS. THIS RECOMMENDATION IS DETERMINED ANNUALLY BASED ON INFORMATION RECEIVED THROUGH INDEPENDENT COMPENSATION CONSULTING, COMPARABLE INDUSTRY KNOWLEDGE AND/OR MARKET SURVEYS. ADDITIONALLY, THE COMMISSIONER RECOMMENDS TO THE ENTIRE BOARD OF DIRECTORS OF THE RELATED ORGANIZATION THE SALARY AND BENEFITS OF THE LPGA FOUNDATION PRESIDENT WHICH IS DETERMINED ANNUALLY BASED ON THE FACTORS MENTIONED ABOVE. PROCESS FOR DETERMINING COMPENSATION FORM 990, PART VI, LINE 15B THE COMMISSIONER OF THE RELATED ORGANIZATION IS CHARGED WITH CONDUCTING PERFORMANCE REVIEWS AND DETERMINING THE COMPENSATION OF OFFICERS AND KEY EMPLOYEES. THIS RECOMMENDATION IS BASED ON THE FOLLOWING METHODS: INDEPENDENT CONSULTING, COMPARABLE INDUSTRY KNOWLEDGE AND MARKET SURVEYS. THE HR/LEGAL COMMITTEE RECOMMENDS TO THE ENTIRE BOARD OF DIRECTORS OF THE RELATED ORGANIZATION THE SALARY AND BENEFITS OF THE OFFICERS AND EMPLOYEES. FORM 990, PART VI, SECTION C, LINE 18: SECTION 6104 REQUIREMENT THE LPGA FOUNDATION MAKES ITS FORMS 1023, 990 AND 990-T AVAILABLE FOR PUBLIC INSPECTION VIA U.S. MAIL UPON REQUEST. FORM 990, PART VI, SECTION B, LINE 12C: BOARD OF DIRECTOR MEMBERS ARE PROVIDED WITH THE CONFLICT OF INTEREST POLICY EACH YEAR AND ANY CONFLICTS REPORTED ARE REVIEWED BY THE LPGA FOUNDATION PRESIDENT AND SECRETARY. FORM 990, PART VI, SECTION C, LINE 19: NO GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY OR FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC. NEW PROGRAM SERVICES FORM 990, PART III, LINE 2 THE LPGA FOUNDATION IS INVOLVED IN CONDUCTING A TOURNAMENT ON THE LPGA TOURNAMENT SCHEDULE. LPGA Foundation Tournament Properties 100 international Golf Drive Daytona Beach FL 32124 274445389 Golf Event FL 2572364 LPGA FND Ladies Professional Golf Association 100 International Golf Drive Daytona Beach FL 32124 750055465 Women's Golf FL 501(c)(6) N/A NA false false false true false true false false false false false false true true true true false false false Ladies Professional Golf Association c 194000 Gift Ladies Professional Golf Association e 55504 Loan Ladies Professional Golf Association m 43404 Reimbursement Ladies Professional Golf Association n 180581 Reimbursement Ladies Professional Golf Association o 1368177 Reimbursement Ladies Professional Golf Association L 440000 Services