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      <Form990ScheduleIPartIII>
        <TypeOfGrant>FINANCIAL AID</TypeOfGrant>
        <NumberOfRecipients>1</NumberOfRecipients>
        <AmountOfCashGrant>5000</AmountOfCashGrant>
      </Form990ScheduleIPartIII>
      <Form990ScheduleIPartIV>
        <Identifier>PROCEDURES FOR MONITORING THE USE OF GRANT FUNDS INSIDE THE UNITED STATES</Identifier>
        <ReturnReference>SCHEDULE I, PAGE 1, PART I, LINE 2</ReturnReference>
        <Explanation>COLLEGE SCHOLARSHIPS ARE MADE AVAILABLE TO CHILDREN AND GRANDCHILDREN OF PGA OF AMERICA MEMBERS. THE SCHOLARSHIP PROGRAMS AWARD STUDENTS ON AN ACEDEMIC BASIS TAKING INTO ACCOUNT GPA, SAT AND/OR ACT TEST SCORES, AND EXTRACURRICULAR ACTIVITIES. THE SCHOLARSHIP CHECKS ARE CUT TO EACH SPECIFIC UNIVERSITY FOR THE BENEFIT OF THE SCHOLARSHIP AWARD RECIPIENT. THIS WAY, THE SCHOLARSHIP IS USED FOR ITS INTENDED PURPOSE, HIGHER EDUCATION. THE BENEVOLENT &amp; RELIEF FUND PROVIDES FINANCIAL AID TO MEMBERS OF THE PGA OF AMERICA. APPLICATIONS FOR AID ARE REVIEWED BY STAFF TO ASSURE THAT THE "DESTITUTE" REQUIREMENT IS MET. APPLICATIONS MEETING THE DESTITUTE REQUIREMENT ARE THEN REVIEWED AND APPROVED BY IN-HOUSE LEGAL COUNSEL AND THEN REVIEWED AND APPROVED BY THE BOARD OF CONTROL OF THE PGA OF AMERICA WHICH IS A COMMITTE CHAIRED BY THE SECRETARY OF THE PGA OF AMERICA.</Explanation>
      </Form990ScheduleIPartIV>
    </IRS990ScheduleI>
    <IRS990ScheduleJ documentId="RetDoc4">
      <CompensationCommittee>X</CompensationCommittee>
      <IndependentConsultant>X</IndependentConsultant>
      <WrittenEmploymentContract>X</WrittenEmploymentContract>
      <CompensationSurvey>X</CompensationSurvey>
      <BoardOrCommitteeApproval>X</BoardOrCommitteeApproval>
      <SeverancePayment>false</SeverancePayment>
      <SupplementalNonqualRetirePlan>true</SupplementalNonqualRetirePlan>
      <EquityBasedCompArrangement>false</EquityBasedCompArrangement>
      <CompBasedOnRevenueOfFilingOrg>false</CompBasedOnRevenueOfFilingOrg>
      <CompBasedOnRevenueRelatedOrgs>false</CompBasedOnRevenueRelatedOrgs>
      <CompBasedNetEarningsFilingOrg>false</CompBasedNetEarningsFilingOrg>
      <CompBasedNetEarningsRelateOrgs>false</CompBasedNetEarningsRelateOrgs>
      <Form990ScheduleJPartII>
        <NamePerson>JOE STERANKA</NamePerson>
        <CompBasedOnRelatedOrgs>743491</CompBasedOnRelatedOrgs>
        <BonusRelatedOrgs>52680</BonusRelatedOrgs>
        <OtherCompensationRelatedOrgs>39015</OtherCompensationRelatedOrgs>
        <DeferredCompRelatedOrgs>49500</DeferredCompRelatedOrgs>
        <NontaxableBenefitsRelatedOrgs>22631</NontaxableBenefitsRelatedOrgs>
        <TotalCompensationRelatedOrgs>907317</TotalCompensationRelatedOrgs>
      </Form990ScheduleJPartII>
      <Form990ScheduleJPartII>
        <NamePerson>TIM SHANK</NamePerson>
        <CompBasedOnRelatedOrgs>265541</CompBasedOnRelatedOrgs>
        <BonusRelatedOrgs>85680</BonusRelatedOrgs>
        <OtherCompensationRelatedOrgs>5891</OtherCompensationRelatedOrgs>
        <DeferredCompRelatedOrgs>42549</DeferredCompRelatedOrgs>
        <NontaxableBenefitsRelatedOrgs>24081</NontaxableBenefitsRelatedOrgs>
        <TotalCompensationRelatedOrgs>423742</TotalCompensationRelatedOrgs>
      </Form990ScheduleJPartII>
      <Form990ScheduleJPartII>
        <NamePerson>CHRISTINE GARRITY</NamePerson>
        <CompBasedOnRelatedOrgs>258336</CompBasedOnRelatedOrgs>
        <BonusRelatedOrgs>65680</BonusRelatedOrgs>
        <OtherCompensationRelatedOrgs>648</OtherCompensationRelatedOrgs>
        <DeferredCompRelatedOrgs>40819</DeferredCompRelatedOrgs>
        <NontaxableBenefitsRelatedOrgs>9190</NontaxableBenefitsRelatedOrgs>
        <TotalCompensationRelatedOrgs>374673</TotalCompensationRelatedOrgs>
      </Form990ScheduleJPartII>
      <Form990ScheduleJPartII>
        <NamePerson>KIRK POTTINGER</NamePerson>
        <CompBasedOnRelatedOrgs>222786</CompBasedOnRelatedOrgs>
        <BonusRelatedOrgs>45680</BonusRelatedOrgs>
        <OtherCompensationRelatedOrgs>721</OtherCompensationRelatedOrgs>
        <DeferredCompRelatedOrgs>38209</DeferredCompRelatedOrgs>
        <NontaxableBenefitsRelatedOrgs>16364</NontaxableBenefitsRelatedOrgs>
        <TotalCompensationRelatedOrgs>323760</TotalCompensationRelatedOrgs>
      </Form990ScheduleJPartII>
      <Form990ScheduleJPartII>
        <NamePerson>BRADLEY SULLIVAN</NamePerson>
        <CompBasedOnRelatedOrgs>162491</CompBasedOnRelatedOrgs>
        <BonusRelatedOrgs>25680</BonusRelatedOrgs>
        <OtherCompensationRelatedOrgs>634</OtherCompensationRelatedOrgs>
        <DeferredCompRelatedOrgs>15344</DeferredCompRelatedOrgs>
        <NontaxableBenefitsRelatedOrgs>22256</NontaxableBenefitsRelatedOrgs>
        <TotalCompensationRelatedOrgs>226405</TotalCompensationRelatedOrgs>
      </Form990ScheduleJPartII>
      <Form990ScheduleJPartII>
        <NamePerson>JULIUS MASON</NamePerson>
        <CompBasedOnRelatedOrgs>181641</CompBasedOnRelatedOrgs>
        <BonusRelatedOrgs>45680</BonusRelatedOrgs>
        <OtherCompensationRelatedOrgs>10345</OtherCompensationRelatedOrgs>
        <DeferredCompRelatedOrgs>32037</DeferredCompRelatedOrgs>
        <NontaxableBenefitsRelatedOrgs>24056</NontaxableBenefitsRelatedOrgs>
        <TotalCompensationRelatedOrgs>293759</TotalCompensationRelatedOrgs>
      </Form990ScheduleJPartII>
      <Form990ScheduleJPartII>
        <NamePerson>ROSEMARIE BARR</NamePerson>
        <CompBasedOnRelatedOrgs>170991</CompBasedOnRelatedOrgs>
        <BonusRelatedOrgs>32680</BonusRelatedOrgs>
        <OtherCompensationRelatedOrgs>397</OtherCompensationRelatedOrgs>
        <DeferredCompRelatedOrgs>21014</DeferredCompRelatedOrgs>
        <NontaxableBenefitsRelatedOrgs>21131</NontaxableBenefitsRelatedOrgs>
        <TotalCompensationRelatedOrgs>246213</TotalCompensationRelatedOrgs>
      </Form990ScheduleJPartII>
      <Form990ScheduleJPartII>
        <NamePerson>STEPHEN JUBB</NamePerson>
        <CompBasedOnRelatedOrgs>109987</CompBasedOnRelatedOrgs>
        <BonusRelatedOrgs>23478</BonusRelatedOrgs>
        <OtherCompensationRelatedOrgs>1095</OtherCompensationRelatedOrgs>
        <DeferredCompRelatedOrgs>13744</DeferredCompRelatedOrgs>
        <NontaxableBenefitsRelatedOrgs>13780</NontaxableBenefitsRelatedOrgs>
        <TotalCompensationRelatedOrgs>162084</TotalCompensationRelatedOrgs>
      </Form990ScheduleJPartII>
      <Form990ScheduleJPartII>
        <NamePerson>JIM AWTRY</NamePerson>
        <CompBasedOnRelatedOrgs>131883</CompBasedOnRelatedOrgs>
        <NontaxableBenefitsRelatedOrgs>49239</NontaxableBenefitsRelatedOrgs>
        <TotalCompensationRelatedOrgs>181122</TotalCompensationRelatedOrgs>
      </Form990ScheduleJPartII>
      <Form990ScheduleJPartII>
        <NamePerson>PAUL BOGIN</NamePerson>
        <CompBasedOnRelatedOrgs>117567</CompBasedOnRelatedOrgs>
        <NontaxableBenefitsRelatedOrgs>56724</NontaxableBenefitsRelatedOrgs>
        <TotalCompensationRelatedOrgs>174291</TotalCompensationRelatedOrgs>
      </Form990ScheduleJPartII>
      <Form990ScheduleJPartIII>
        <Identifier>SEVERANCE, NONQUALIFIED, AND EQUITY-BASED PAYMENTS</Identifier>
        <ReturnReference>SCHEDULE J, PAGE 1, PART I, LINE 4</ReturnReference>
        <Explanation>JOE STERANKA 0 25,000 0 TIM SHANK 0 18,049 0 CHRISTINE GARRITY 0 16,319 0 KIRK POTTINGER 0 13,709 0 JULIUS MASON 0 11,854 0</Explanation>
      </Form990ScheduleJPartIII>
    </IRS990ScheduleJ>
    <IRS990ScheduleO documentId="RetDoc5">
      <GeneralExplanation>
        <Identifier>ORGANIZATION'S MISSION</Identifier>
        <ReturnReference>FORM 990 - ORGANIZATION'S MISSION</ReturnReference>
        <Explanation>THE ORGANIZATION'S PRIMARY EXEMPT PURPOSE IS TO ENCOURAGE &amp; PROMOTE THE ATTAINMENT OF HIGHER EDUCATIONAL GOALS BY AWARDING SCHOLARSHIPS BASED ON A HIGH LEVEL OF ACADEMIC ACHIEVEMENT. IN ADDITION, THE ORGANIZATION'S PURPOSE IS TO PROVIDE TEMPORARY FINANCIAL AID TO THOSE IN DIRE FINANCIAL NEED USUALLY AS A RESULT OF AN ACCIDENT OR SUDDEN ILLNESS.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>ORGANIZATION'S PROCESS USED TO REVIEW FORM 990</Identifier>
        <ReturnReference>FORM 990, PAGE 6, PART VI, LINE 11</ReturnReference>
        <Explanation>FORM 990 IS PREPARED BY AN INDEPENDENT ACCOUNTING FIRM AND THEN REVIEWED BY THE TAX DIRECTOR AND THEN THE TAX OFFICER PRIOR TO FILING WITH THE INTERNAL REVENUE SERVICE.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>ENFORCEMENT OF CONFLICTS POLICY</Identifier>
        <ReturnReference>FORM 990, PAGE 6, PART VI, LINE 12C</ReturnReference>
        <Explanation>ALL MEMBERS OF THE BOARD OF DIRECTORS RECEIVE A CONFLICT OF INTEREST POLICY AT THE TIME THEY ARE ELECTED TO THE BOARD. THE CONFLICT OF INTEREST POLICY REQUIRES DIRECTORS TO AVOID CONFLICT SITUATIONS. IN THE EVENT A CONFLICT ARISES, THEY ARE REQUIRED TO DISCLOSE THE CONFLICT TO THE OTHER DIRECTORS SO THEY CAN TAKE APPROPRIATE ACTION.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>COMPENSATION PROCESS FOR TOP OFFICIAL</Identifier>
        <ReturnReference>FORM 990, PAGE 6, PART VI, LINE 15A</ReturnReference>
        <Explanation>THE ORGANIZATION HAS NO EMPLOYEES. THE TOP MANAGEMENT OFFICIALS ARE PAID BY A RELATED COMPANY. FOR THIS RELATED COMPANY, ALL EMPLOYEE COMPENSATION IS DETERMINED BASED ON COMPARABILITY DATA AND PERFORMANCE EVALUATIONS AND THE DELIBERATION AND DECISION PROCESS IS CONTEMPORANEOUSLY SUBSTANTIATED. CERTAIN POSITIONS MAY ALSO BE SUBJECT TO REVIEW AND APPROVAL BY THE BOARD OF DIRECTORS WITH THE ASSISTANCE OF INDEPENDENT CONSULTANTS.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>COMPENSATION PROCESS FOR OFFICERS</Identifier>
        <ReturnReference>FORM 990, PAGE 6, PART VI, LINE 15B</ReturnReference>
        <Explanation>THE ORGANIZATION HAS NO EMPLOYEES OF ITS OWN. THE OTHER OFFICERS ARE PAID BY A RELATED COMPANY. FOR THIS RELATED COMPANY, ALL EMPLOYEE COMPENSATION IS DETERMINED BASED ON COMPARABILITY DATA AND PERFORMANCE EVALUATIONS AND THE DELIBERATION AND DECISION PROCESS IS CONTEMPORANEOUSLY SUBSTANTIATED. CERTAIN POSITIONS MAY ALSO BE SUBJECT TO REVIEW AND APPROVAL BY THE BOARD OF DIRECTORS WITH THE ASSISTANCE OF INDEPENDENT CONSULTANTS.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>GOVERNING DOCUMENTS DISCLOSURE EXPLANATION</Identifier>
        <ReturnReference>FORM 990, PAGE 6, PART VI, LINE 19</ReturnReference>
        <Explanation>THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, POLICIES, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>ADDITIONAL INFORMATION</Identifier>
        <ReturnReference>SCHEDULE R</ReturnReference>
        <Explanation>THE ORGANIZATION SHARES CERTAIN FACILITIES AND EQUIPMENT WITH THE PGA OF AMERICA. PGA CORPORATION IS THE DIRECT EMPLOYER FOR MOST OF THE RELATED ORGANIZATIONS AND THE ORGANIZATION SHARES SOME OF THESE EMPLOYEES. PGA OF AMERICA HOLDS THE GENERAL DISBURSEMENT ACCOUNT FOR MOST OF THE RELATED ORGANIZATIONS. THIS GENERAL DISBURSEMENT ACCOUNT IS USED FOR COST SAVINGS, EFFICIENCIES, AND IS NOT FOR PURPOSES OF PAYING BILLS FOR RELATED PARTIES WHO DO NOT HAVE ENOUGH LIQUIDITY TO PAY THEIR OWN EXPENSES. PGA OF AMERICA DISBURSES FUNDS FOR EXPENSES OF THE PGA FINANCIAL ASSISTANCE FUND. THE PGA FINANCIAL ASSISTANCE FUND REIMBURSES PGA OF AMERICA FOR THESE DISBURSEMENTS ON A PERIODIC BASIS.</Explanation>
      </GeneralExplanation>
    </IRS990ScheduleO>
    <IRS990ScheduleR documentId="RetDoc6">
      <Form990ScheduleRPartII>
        <NameOfDisregardedEntity>
          <BusinessNameLine1>PGA OF AMERICA</BusinessNameLine1>
        </NameOfDisregardedEntity>
        <AddressUS>
          <AddressLine1>PO BOX 109601</AddressLine1>
          <City>PALM BEACH GARDENS</City>
          <State>FL</State>
          <ZIPCode>334109601</ZIPCode>
        </AddressUS>
        <EIN>590785835</EIN>
        <PrimaryActivities>MEMBER ORG</PrimaryActivities>
        <LegalDomicileState>FL</LegalDomicileState>
        <ExemptCodeSection>501</ExemptCodeSection>
        <DirectControllingEntityName>
          <BusinessNameLine1>NA</BusinessNameLine1>
        </DirectControllingEntityName>
      </Form990ScheduleRPartII>
      <Form990ScheduleRPartII>
        <NameOfDisregardedEntity>
          <BusinessNameLine1>PGA FOUNDATION INC</BusinessNameLine1>
        </NameOfDisregardedEntity>
        <AddressUS>
          <AddressLine1>PO BOX 109601</AddressLine1>
          <City>PALM BEACH GARDENS</City>
          <State>FL</State>
          <ZIPCode>334109601</ZIPCode>
        </AddressUS>
        <EIN>650443262</EIN>
        <PrimaryActivities>FINC'L AID</PrimaryActivities>
        <LegalDomicileState>FL</LegalDomicileState>
        <ExemptCodeSection>501</ExemptCodeSection>
        <PublicCharityStatus>7</PublicCharityStatus>
        <DirectControllingEntityName>
          <BusinessNameLine1>NA</BusinessNameLine1>
        </DirectControllingEntityName>
      </Form990ScheduleRPartII>
      <Form990ScheduleRPartIII>
        <NameOfRelatedOrg>
          <BusinessNameLine1>VALHALLA GOLF CLUB LTD</BusinessNameLine1>
        </NameOfRelatedOrg>
        <AddressUS>
          <AddressLine1>PO BOX 109601</AddressLine1>
          <City>PALM BEACH GARDENS</City>
          <State>FL</State>
          <ZIPCode>334109601</ZIPCode>
        </AddressUS>
        <EIN>611252109</EIN>
        <PrimaryActivity>GOLF RLTD</PrimaryActivity>
        <LegalDomicileState>KY</LegalDomicileState>
        <DirectControllingEntityName>
          <BusinessNameLine1>NA</BusinessNameLine1>
        </DirectControllingEntityName>
        <DisproportionateAllocations>false</DisproportionateAllocations>
        <GeneralOrManagingPartner>false</GeneralOrManagingPartner>
      </Form990ScheduleRPartIII>
      <Form990ScheduleRPartIV>
        <NameOfRelatedOrg>
          <BusinessNameLine1>PGA CORPORATION</BusinessNameLine1>
        </NameOfRelatedOrg>
        <AddressUS>
          <AddressLine1>PO BOX 109601</AddressLine1>
          <City>PALM BEACH GARDENS</City>
          <State>FL</State>
          <ZIPCode>334109601</ZIPCode>
        </AddressUS>
        <EIN>591101063</EIN>
        <PrimaryActivity>GOLF RLTD.</PrimaryActivity>
        <LegalDomicileState>FL</LegalDomicileState>
        <DirectControllingEntityName>
          <BusinessNameLine1>NA</BusinessNameLine1>
        </DirectControllingEntityName>
        <TypeOfEntity>C CORP</TypeOfEntity>
      </Form990ScheduleRPartIV>
      <Form990ScheduleRPartIV>
        <NameOfRelatedOrg>
          <BusinessNameLine1>PGA GOLF DEVELOPMENT INC</BusinessNameLine1>
        </NameOfRelatedOrg>
        <AddressUS>
          <AddressLine1>PO BOX 109601</AddressLine1>
          <City>PALM BEACH GARDENS</City>
          <State>FL</State>
          <ZIPCode>334109601</ZIPCode>
        </AddressUS>
        <EIN>650775946</EIN>
        <PrimaryActivity>GOLF RLTD.</PrimaryActivity>
        <LegalDomicileState>FL</LegalDomicileState>
        <DirectControllingEntityName>
          <BusinessNameLine1>NA</BusinessNameLine1>
        </DirectControllingEntityName>
        <TypeOfEntity>C CORP</TypeOfEntity>
      </Form990ScheduleRPartIV>
      <Form990ScheduleRPartIV>
        <NameOfRelatedOrg>
          <BusinessNameLine1>PGA GOLF ENTERPRISES INC</BusinessNameLine1>
        </NameOfRelatedOrg>
        <AddressUS>
          <AddressLine1>PO BOX 109601</AddressLine1>
          <City>PALM BEACH GARDENS</City>
          <State>FL</State>
          <ZIPCode>334109601</ZIPCode>
        </AddressUS>
        <EIN>650397758</EIN>
        <PrimaryActivity>GOLF RLTD.</PrimaryActivity>
        <LegalDomicileState>FL</LegalDomicileState>
        <DirectControllingEntityName>
          <BusinessNameLine1>NA</BusinessNameLine1>
        </DirectControllingEntityName>
        <TypeOfEntity>C CORP</TypeOfEntity>
      </Form990ScheduleRPartIV>
      <Form990ScheduleRPartIV>
        <NameOfRelatedOrg>
          <BusinessNameLine1>PGA GOLF PROPERTIES INC</BusinessNameLine1>
        </NameOfRelatedOrg>
        <AddressUS>
          <AddressLine1>PO BOX 109601</AddressLine1>
          <City>PALM BEACH GARDENS</City>
          <State>FL</State>
          <ZIPCode>334109601</ZIPCode>
        </AddressUS>
        <EIN>592763185</EIN>
        <PrimaryActivity>GOLF RLTD.</PrimaryActivity>
        <LegalDomicileState>FL</LegalDomicileState>
        <DirectControllingEntityName>
          <BusinessNameLine1>NA</BusinessNameLine1>
        </DirectControllingEntityName>
        <TypeOfEntity>C CORP</TypeOfEntity>
      </Form990ScheduleRPartIV>
      <Form990ScheduleRPartIV>
        <NameOfRelatedOrg>
          <BusinessNameLine1>PGA GOLF PARTNERS INC</BusinessNameLine1>
        </NameOfRelatedOrg>
        <AddressUS>
          <AddressLine1>PO BOX 109601</AddressLine1>
          <City>PALM BEACH GARDENS</City>
          <State>FL</State>
          <ZIPCode>334109601</ZIPCode>
        </AddressUS>
        <EIN>650394728</EIN>
        <PrimaryActivity>GOLF RLTD.</PrimaryActivity>
        <LegalDomicileState>FL</LegalDomicileState>
        <DirectControllingEntityName>
          <BusinessNameLine1>NA</BusinessNameLine1>
        </DirectControllingEntityName>
        <TypeOfEntity>C CORP</TypeOfEntity>
      </Form990ScheduleRPartIV>
      <Form990ScheduleRPartIV>
        <NameOfRelatedOrg>
          <BusinessNameLine1>PGA MANAGEMENT SERVICES INC</BusinessNameLine1>
        </NameOfRelatedOrg>
        <AddressUS>
          <AddressLine1>PO BOX 109601</AddressLine1>
          <City>PALM BEACH GARDENS</City>
          <State>FL</State>
          <ZIPCode>334109601</ZIPCode>
        </AddressUS>
        <EIN>650394727</EIN>
        <PrimaryActivity>GOLF RLTD.</PrimaryActivity>
        <LegalDomicileState>FL</LegalDomicileState>
        <DirectControllingEntityName>
          <BusinessNameLine1>NA</BusinessNameLine1>
        </DirectControllingEntityName>
        <TypeOfEntity>C CORP</TypeOfEntity>
      </Form990ScheduleRPartIV>
      <Form990ScheduleRPartIV>
        <NameOfRelatedOrg>
          <BusinessNameLine1>PGA RESERVE INC</BusinessNameLine1>
        </NameOfRelatedOrg>
        <AddressUS>
          <AddressLine1>PO BOX 109601</AddressLine1>
          <City>PALM BEACH GARDENS</City>
          <State>FL</State>
          <ZIPCode>334109601</ZIPCode>
        </AddressUS>
        <EIN>650520200</EIN>
        <PrimaryActivity>GOLF RLTD.</PrimaryActivity>
        <LegalDomicileState>FL</LegalDomicileState>
        <DirectControllingEntityName>
          <BusinessNameLine1>NA</BusinessNameLine1>
        </DirectControllingEntityName>
        <TypeOfEntity>C CORP</TypeOfEntity>
      </Form990ScheduleRPartIV>
      <Form990ScheduleRPartIV>
        <NameOfRelatedOrg>
          <BusinessNameLine1>PGA ST LUCIE INC</BusinessNameLine1>
        </NameOfRelatedOrg>
        <AddressUS>
          <AddressLine1>PO BOX 109601</AddressLine1>
          <City>PALM BEACH GARDENS</City>
          <State>FL</State>
          <ZIPCode>334109601</ZIPCode>
        </AddressUS>
        <EIN>650394724</EIN>
        <PrimaryActivity>GOLF RLTD.</PrimaryActivity>
        <LegalDomicileState>FL</LegalDomicileState>
        <DirectControllingEntityName>
          <BusinessNameLine1>NA</BusinessNameLine1>
        </DirectControllingEntityName>
        <TypeOfEntity>C CORP</TypeOfEntity>
      </Form990ScheduleRPartIV>
      <Form990ScheduleRPartIV>
        <NameOfRelatedOrg>
          <BusinessNameLine1>PGA TOURNAMENT CORPORATION INC</BusinessNameLine1>
        </NameOfRelatedOrg>
        <AddressUS>
          <AddressLine1>PO BOX 109601</AddressLine1>
          <City>PALM BEACH GARDENS</City>
          <State>FL</State>
          <ZIPCode>334109601</ZIPCode>
        </AddressUS>
        <EIN>650394725</EIN>
        <PrimaryActivity>GOLF RLTD.</PrimaryActivity>
        <LegalDomicileState>FL</LegalDomicileState>
        <DirectControllingEntityName>
          <BusinessNameLine1>NA</BusinessNameLine1>
        </DirectControllingEntityName>
        <TypeOfEntity>C CORP</TypeOfEntity>
      </Form990ScheduleRPartIV>
      <Form990ScheduleRPartIV>
        <NameOfRelatedOrg>
          <BusinessNameLine1>PGA VALHALLA INC</BusinessNameLine1>
        </NameOfRelatedOrg>
        <AddressUS>
          <AddressLine1>PO BOX 109601</AddressLine1>
          <City>PALM BEACH GARDENS</City>
          <State>FL</State>
          <ZIPCode>334109601</ZIPCode>
        </AddressUS>
        <EIN>650447187</EIN>
        <PrimaryActivity>GOLF RLTD.</PrimaryActivity>
        <LegalDomicileState>FL</LegalDomicileState>
        <DirectControllingEntityName>
          <BusinessNameLine1>NA</BusinessNameLine1>
        </DirectControllingEntityName>
        <TypeOfEntity>C CORP</TypeOfEntity>
      </Form990ScheduleRPartIV>
      <ReceiptOfIntAnnRentsRoyalties>false</ReceiptOfIntAnnRentsRoyalties>
      <GiftGrantOrCapContrToOtherOrg>false</GiftGrantOrCapContrToOtherOrg>
      <GiftGrantOrCapContrFrOtherOrg>false</GiftGrantOrCapContrFrOtherOrg>
      <LoansOrGuaranteesToOtherOrg>false</LoansOrGuaranteesToOtherOrg>
      <LoansOrGuaranteesFromOtherOrg>false</LoansOrGuaranteesFromOtherOrg>
      <SaleOfAssetsToOtherOrg>false</SaleOfAssetsToOtherOrg>
      <PurchaseOfAssetsFromOtherOrg>false</PurchaseOfAssetsFromOtherOrg>
      <ExchangeOfAssets>false</ExchangeOfAssets>
      <RentalOfFacilitiesToOtherOrgs>false</RentalOfFacilitiesToOtherOrgs>
      <RentalOfFacilitiesFrOtherOrgs>false</RentalOfFacilitiesFrOtherOrgs>
      <PerformOfServicesForOtherOrgs>false</PerformOfServicesForOtherOrgs>
      <PerformOfServicesByOtherOrgs>false</PerformOfServicesByOtherOrgs>
      <SharingOfFacilities>true</SharingOfFacilities>
      <SharingOfPaidEmployees>true</SharingOfPaidEmployees>
      <ReimbursementPaidToOtherOrg>true</ReimbursementPaidToOtherOrg>
      <ReimbursementPaidByOtherOrg>false</ReimbursementPaidByOtherOrg>
      <OtherTransferToOtherOrg>false</OtherTransferToOtherOrg>
      <OtherTransferFromOtherOrg>true</OtherTransferFromOtherOrg>
      <TransactionsRelatedOrgsTable>
        <NameOfOtherOrganization>
          <BusinessNameLine1>PGA OF AMERICA</BusinessNameLine1>
        </NameOfOtherOrganization>
        <TransactionType>M</TransactionType>
      </TransactionsRelatedOrgsTable>
      <TransactionsRelatedOrgsTable>
        <NameOfOtherOrganization>
          <BusinessNameLine1>PGA CORPORATION</BusinessNameLine1>
        </NameOfOtherOrganization>
        <TransactionType>N</TransactionType>
      </TransactionsRelatedOrgsTable>
      <TransactionsRelatedOrgsTable>
        <NameOfOtherOrganization>
          <BusinessNameLine1>PGA OF AMERICA</BusinessNameLine1>
        </NameOfOtherOrganization>
        <TransactionType>O</TransactionType>
      </TransactionsRelatedOrgsTable>
      <TransactionsRelatedOrgsTable>
        <NameOfOtherOrganization>
          <BusinessNameLine1>PGA OF AMERICA</BusinessNameLine1>
        </NameOfOtherOrganization>
        <TransactionType>R</TransactionType>
      </TransactionsRelatedOrgsTable>
    </IRS990ScheduleR>
  </ReturnData>
</Return>