Tiger Woods Foundation Inc: Form 990, tax year 2009
View the entire original 990 at ProPublica ↗
- Organization
- Tiger Woods Foundation Inc (EIN 06-1468499)
- Tax period
- 2009-10-01 to 2010-09-30
- Filed
- 2011-08-15
- IRS object ID
- 201132279349304043
- Schema version
- 2009v1.7
- 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 F
- Schedule I
- Schedule J
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2011-08-15T19:24:49-05:00 | Timestamp |
| Tax Period End Date | 2010-09-30 | 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 | 2009-10-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 061468499 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Tiger Woods Foundation Inc | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | TIGE | NameControl |
| Phone | 9497253003 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 121 Innovation Suite 150 | AddressLine1 |
| City | Irvine | City |
| State | CA | State |
| ZIP Code | 92617 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | GREGORY T MCLAUGHLIN | Name |
| Title | PRESIDENT & CEO | Title |
| Date Signed | 2011-08-15 | DateSigned |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 2139724000 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2009 | TaxYear |
| Build TS | 2016-02-24 21:20:13Z | 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 SUITE 150 | AddressLine1 |
| City | IRVINE | City |
| State | CA | State |
| ZIP Code | 92617 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 11048782 | GrossReceipts |
| Group Return For Affiliates | false | GroupReturnForAffiliates |
| Organization501c | X | Organization501c |
| Web Site | www.twfound.org | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1996 | YearFormation |
| State Legal Domicile | CA | StateLegalDomicile |
| Activity Or Mission Description | Our mission at Tiger Woods Foundation: We believe in a new generation of bold, courageous youth. We inspire new perspectives and limitless possibilities. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 15 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 14 | NbrIndependentVotingMembers |
| Total Nbr Employees | 28 | TotalNbrEmployees |
| Total Nbr Volunteers | 0 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 0 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 12890577 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 7049256 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 0 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 0 | ProgramServiceRevenueCY |
| Investment Income Prior Year | -1043486 | InvestmentIncomePriorYear |
| Investment Income Current Year | 1030907 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 0 | OtherRevenuePriorYear |
| Other Revenue Current Year | 0 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 11847091 | TotalRevenuePriorYear |
| Total Revenue Current Year | 8080163 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 10887281 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 4120066 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 1345260 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 1410365 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 0 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 420712 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 2914302 | OtherExpensePriorYear |
| Other Expenses Current Year | 2421924 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 15146843 | TotalExpensesPriorYear |
| Total Expenses Current Year | 7952355 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | -3299752 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 127808 | RevenuesLessExpensesCY |
| Total Assets BOY | 51373552 | TotalAssetsBOY |
| Total Assets EOY | 52244393 | TotalAssetsEOY |
| Total Liabilities BOY | 2788744 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 1421270 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 48584808 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 50823123 | NetAssetsOrFundBalancesEOY |
| Mission Description | OUR MISSION AT THE TIGER WOODS FOUNDATION: WE BELIEVE IN A NEW GENERATION OF BOLD, COURAGEOUS YOUTH. WE INSPIRE NEW PERSPECTIVES AND LIMITLESS POSSIBILITIES. | MissionDescription |
| Significant New Program Services | false | SignificantNewProgramServices |
| Significant Change | false | SignificantChange |
| Expense | 6850688 | Expense |
| Grants | 4120066 | Grants |
| Description | At the Tiger Woods Foundation, we believe every child deserves the opportunity to attend college. Designed to break through a culture of low expectations, TWF's college-access programs reach underserved youth in all stages of academic life. The groundbreaking Tiger Woods Learning Centers in Anaheim, Calif., and Washington, D.C., and the Earl Woods Scholarship Program provide a wealth of educational opportunities to young people nationwide. Earl Woods Scholarship Program The Earl Woods Scholarship Program is an unparalleled network providing admissions counseling, college scholarships, dedicated mentors, specialized internships and vital workshops. Receiving individualized support, TWF's bright young scholars are succeeding at prestigious universities such as Georgetown, USC, UC Berkeley, UCLA and Harvard. This program was created in memory of Tiger Woods Foundation co-founder Earl Woods. Tiger Woods Learning Center Serving scholars in grades 5-12, the Tiger Woods Learning Centers provide hands-on experiences in science, technology, engineering and math coupled with college preparation workshops to create a unique environment focused on college and careers. Interactive classes in subjects ranging from rocketry, aerospace engineering and marine biology to graphic design and communications, allow TWLC students to explore a future in almost any career and recognize the importance of attending college. Grants The Tiger Woods Foundation grant-making program primarily focuses on providing funding to organizations that specialize in education and youth development. Specifically, the grant program serves 501 (c) (3) organizations that enhance the learning process for youth. This program supports organizations, programs and projects by invitation only and subject to pre and post qualifications subject to applicable 501(c)(3) guidelines. Tiger Woods Foundation National Junior Golf Team Established in 1999, the Tiger Woods Foundation National Junior Golf Team competes annually in the Junior World Golf Championships held in San Diego, CA. In recognition of Tiger's work on behalf of underserved youth, the Junior World Golf Championships granted permanent exemptions to the Foundation, helping to build a bridge between underserved youth and competitive golf. These exemptions create opportunities to enhance the growth of junior golfers through international competition and reciprocate a similar chance afforded Tiger. EVENTS: THE 2010 AT&T NATIONAL HAD 120 PGA TOUR PROFESSIONALS COMPETING AT ARONIMINK GOLF CLUB IN NEWTOWN SQUARE, PA. THE EVENT PAID TRIBUTE TO THE U.S. MILITARY AND ALSO RAISED FUNDS FOR THE TIGER WOODS FOUNDATION AND VARIOUS PENNSYLVANIA LOCAL YOUTH CHARITY PROGRAMS. HOSTED BY TIGER WOODS, THE 2009 CHEVRON WORLD CHALLENGE FEATURED AN ELITE 18-MAN FIELD IN A FOUR-DAY TOURNAMENT HELD AT SHERWOOD COUNTRY CLUB IN THOUSAND OAKS, CALIFORNIA. THE TOURNAMENT WORKS TO RAISE AWARENESS FOR ITS NOT-FOR-PROFIT PARTNERS INCLUDING THE TIGER WOODS FOUNDATION AND OTHER LOCAL CHARITIES. The 2009 Deutsche Bank Championship was a premier PGA TOUR event held over Labor Day weekend at the TPC Boston in Norton, Mass. It raised funds for the Tiger Woods Foundation and New England-area charities. The event featured the top 100 PGA TOUR golfers as they competed in the PGA TOUR Playoffs for the FedEx Cup first prize. THE 2009 TWLC BLOCK PARTY, AN EVENING BENEFIT HELD IN ORANGE COUNTY, CALIFORNIA CELEBRATED THE LOCAL COMMUNITY AND THE YOUNG PEOPLE SERVED BY THE TIGER WOODS LEARNING CENTERS. THE EVENT BEGAN WITH A GOLF OUTING AND EXHIBITION BY TIGER WOODS FOLLOWED BY A GOURMET DINNER, LIVE AND SILENT AUCTIONS AND A UNIQUE MUSICAL PERFORMANCE BY SHERYL CROW. FUNDS RAISED AT THE BLOCK PARTY SUPPORT THE STUDENTS AND PROGRAMS OF THE TIGER WOODS LEARNING CENTERS. | Description |
| Total Program Service Expense | 6850688 | TotalProgramServiceExpense |
| Described In501 C3 | true | DescribedIn501C3 |
| Schedule B Required | true | ScheduleBRequired |
| Political Activities | false | PoliticalActivities |
| Lobbying Activities | false | LobbyingActivities |
| Donor Advised Funds | false | DonorAdvisedFunds |
| Conservation Easements | false | ConservationEasements |
| Collections Of Art | false | CollectionsOfArt |
| Credit Counseling | false | CreditCounseling |
| Term Or Permanent Endowments | false | TermOrPermanentEndowments |
| Balance Sheet Amounts Reported | true | BalanceSheetAmountsReported |
| 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 | true | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividuals |
| Professional Fundraising | false | ProfessionalFundraising |
| Fundraising Activities | false | FundraisingActivities |
| Gaming | false | Gaming |
| Hospital | false | Hospital |
| Grants To Organizations | true | GrantsToOrganizations |
| Grants To Individuals | true | 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 | false | 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 | true | RelatedOrgControlledEntity |
| Transfers To Exempt Non Chrtbl Org | false | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | false | ActivitiesConductedPartnership |
| Schedule O Required | true | ScheduleORequired |
| Number Forms Transmitted With1096 | 18 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | true | ComplianceWithBackupWitholding |
| Number Of Employees | 28 | 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 | false | QuidProQuoContributions |
| Form8282 Property Disposed Of | false | Form8282PropertyDisposedOf |
| Funds To Pay Premiums | false | FundsToPayPremiums |
| Premiums Paid | false | PremiumsPaid |
| Nbr Voting Governing Body Members | 15 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 14 | 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 | AK | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | AZ | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | AR | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | CA | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | CT | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | DC | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | FL | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | GA | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | IL | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | IN | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | KS | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | KY | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | LA | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | ME | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | MD | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | MI | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | MN | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | MS | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | MO | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | MT | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | NJ | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | NM | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | NY | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | NC | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | ND | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | OH | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | OK | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | PA | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | RI | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | SC | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | TN | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | UT | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | VA | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | WA | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | WI | 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 SUITE 150 | AddressLine1 |
| City | IRVINE | City |
| State | CA | State |
| ZIP Code | 92617 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (18 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 |
|---|---|---|---|---|---|---|---|
| Gregory McLaughlin | |||||||
| President & CEO | 25.0 | X | X | 110031 | 420243 | 37159 | |
| SANDRA BARRY | |||||||
| DIRECTOR | 1.0 | X | 0 | 0 | 0 | ||
| ANDY BIELANSKI | |||||||
| DIRECTOR | 1.0 | X | 0 | 0 | 0 | ||
| RONALD CONWAY | |||||||
| DIRECTOR | 1.0 | X | 0 | 0 | 0 | ||
| DALE DYKEMA | |||||||
| DIRECTOR | 1.0 | X | 0 | 0 | 0 | ||
| CHRISTOPHER J HUBMAN | |||||||
| DIRECTOR | 1.0 | X | 0 | 0 | 0 | ||
| MICHAEL P JOHNSON | |||||||
| DIRECTOR | 1.0 | X | 0 | 0 | 0 | ||
| SHEILA C JOHNSON | |||||||
| DIRECTOR | 1.0 | X | 0 | 0 | 0 | ||
| ROB LIGHT | |||||||
| DIRECTOR | 1.0 | X | 0 | 0 | 0 | ||
| MICHEAL MCKEE | |||||||
| DIRECTOR | 1.0 | X | 0 | 0 | 0 | ||
| TIM RYAN | |||||||
| DIRECTOR | 1.0 | X | 0 | 0 | 0 | ||
| MARK STEINBERG | |||||||
| DIRECTOR | 1.0 | X | 0 | 0 | 0 | ||
| RAY WILKINS | |||||||
| DIRECTOR | 1.0 | X | 0 | 0 | 0 | ||
| MIKE WIRTH | |||||||
| DIRECTOR | 1.0 | X | 0 | 0 | 0 | ||
| KUTILDA WOODS | |||||||
| DIRECTOR | 1.0 | X | 0 | 0 | 0 | ||
| LINDSAY A MCCULLOUGH | |||||||
| assistant secretary | 15.0 | X | 0 | 70849 | 11314 | ||
| Jin C Thatcher | |||||||
| treasurer | 40.0 | X | 141445 | 0 | 25631 | ||
| Michelle S Kim | |||||||
| SENIOR DIRECTOR OF PROGRAMS | 40.0 | 110889 | 0 | 7237 | X | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 362365 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 491092 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 81341 | TotalOtherCompensation |
| Number Individuals GT100 K | 3 | NumberIndividualsGT100K |
| Formers Listed | false | FormersListed |
| Total Comp GT150 K | true | TotalCompGT150K |
| Compensation From Other Sources | false | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation (4 entries)
| Address Line1AddressOfContractor/AddressUS/AddressLine1 | CityAddressOfContractor/AddressUS/City | StateAddressOfContractor/AddressUS/State | ZIP CodeAddressOfContractor/AddressUS/ZIPCode | Description Of ServicesDescriptionOfServices | CompensationCompensation |
|---|---|---|---|---|---|
| Apollo Philanthropy Partners | |||||
| 10 Decatur St | CAMBRIDGE | MA | 02139 | Education Exp. Study | 136047 |
| KPMG LLP | |||||
| Dept 0939 PO Box 120001 | DALLAS | TX | 753120922 | Accounting | 101500 |
| MLB Advanced Media LP | |||||
| 75 Ninth Avenue 5th Floor | NEW YORK | NY | 10011 | WEBSITE/MEDIA SVC | 250000 |
| THE IRVINE COMPANY | |||||
| Department 1215 | LOS ANGELES | CA | 90084 | rent | 134378 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 4 | NumberOfContractorsGT100K |
| Related Organizations | 5341000 | RelatedOrganizations |
| All Other Contributions | 1708256 | AllOtherContributions |
| Noncash Contributions | 7447 | NoncashContributions |
| Total Contributions | 7049256 | TotalContributions |
| Total Program Service Revenue | 0 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 886712 | TotalRevenueColumn |
| Related Or Exempt Function Income | 0 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $886,712 | 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 |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 3112814 | Securities |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 2968619 | Securities |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 144195 | Securities |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 144195 | TotalRevenueColumn |
| Exclusion | $144,195 | ExclusionAmount |
Net Income From Fundraising Events NetIncomeFromFundraisingEvents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Net Income From Gaming NetIncomeFromGaming
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Net Income Or Loss NetIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 0 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 8080163 | TotalRevenueColumn |
| Related Or Exempt Function Income | 0 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $1,030,907 | ExclusionAmount |
Grants To Domestic Orgs GrantsToDomesticOrgs
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3635566 | Total |
| Program Services | 3635566 | ProgramServices |
Grants To Domestic Individuals GrantsToDomesticIndividuals
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 199500 | Total |
| Program Services | 199500 | ProgramServices |
Foreign Grants ForeignGrants
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 285000 | Total |
| Program Services | 285000 | ProgramServices |
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 | 256795 | Total |
| Program Services | 202868 | ProgramServices |
| Management And General | 17976 | ManagementAndGeneral |
| Fundraising | 35951 | 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 | 887670 | Total |
| Program Services | 701259 | ProgramServices |
| Management And General | 62137 | ManagementAndGeneral |
| Fundraising | 124274 | Fundraising |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 28739 | Total |
| Program Services | 22704 | ProgramServices |
| Management And General | 2012 | ManagementAndGeneral |
| Fundraising | 4023 | Fundraising |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 143499 | Total |
| Program Services | 113364 | ProgramServices |
| Management And General | 10045 | ManagementAndGeneral |
| Fundraising | 20090 | Fundraising |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 93662 | Total |
| Program Services | 73993 | ProgramServices |
| Management And General | 6556 | ManagementAndGeneral |
| Fundraising | 13113 | 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 | 120723 | Total |
| Program Services | 95372 | ProgramServices |
| Management And General | 8450 | ManagementAndGeneral |
| Fundraising | 16901 | Fundraising |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 189358 | Total |
| Program Services | 0 | ProgramServices |
| Management And General | 189358 | ManagementAndGeneral |
| Fundraising | 0 | 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 | 135584 | Total |
| Program Services | 0 | ProgramServices |
| Management And General | 135584 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 185487 | Total |
| Program Services | 146637 | ProgramServices |
| Management And General | 12950 | ManagementAndGeneral |
| Fundraising | 25900 | Fundraising |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 61783 | Total |
| Program Services | 48763 | ProgramServices |
| Management And General | 4340 | ManagementAndGeneral |
| Fundraising | 8680 | Fundraising |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 718740 | Total |
| Program Services | 549588 | ProgramServices |
| Management And General | 71572 | ManagementAndGeneral |
| Fundraising | 97580 | Fundraising |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 33713 | Total |
| Program Services | 26573 | ProgramServices |
| Management And General | 2380 | ManagementAndGeneral |
| Fundraising | 4760 | Fundraising |
Royalties Royalties
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 287099 | Total |
| Program Services | 226619 | ProgramServices |
| Management And General | 20160 | ManagementAndGeneral |
| Fundraising | 40320 | Fundraising |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 105294 | Total |
| Program Services | 83244 | ProgramServices |
| Management And General | 7350 | ManagementAndGeneral |
| Fundraising | 14700 | 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 | 37474 | Total |
| Program Services | 29704 | ProgramServices |
| Management And General | 2590 | ManagementAndGeneral |
| Fundraising | 5180 | 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 | 122875 | Total |
| Program Services | 0 | ProgramServices |
| Management And General | 122875 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 65743 | Total |
| Program Services | 51883 | ProgramServices |
| Management And General | 4620 | ManagementAndGeneral |
| Fundraising | 9240 | Fundraising |
Other Expenses OtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | PROGRAM EXPENSES | Description |
| Total | 358051 | Total |
| Program Services | 358051 | ProgramServices |
| Management And General | 0 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 7952355 | Total |
| Program Services | 6850688 | ProgramServices |
| Management And General | 680955 | ManagementAndGeneral |
| Fundraising | 420712 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 12765 | BOY |
| EOY | 12418 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 21497004 | BOY |
| EOY | 9133912 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1463334 | BOY |
| EOY | 1080000 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Accounts Receivable | AccountsReceivable |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3400 | BOY |
| EOY | 38956 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 725114 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 327486 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 451268 | BOY |
| EOY | 397628 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 11541125 | BOY |
| EOY | 23965471 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 16256801 | BOY |
| EOY | 17588186 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 147855 | BOY |
| EOY | 27822 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 51373552 | BOY |
| EOY | 52244393 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 46546 | BOY |
| EOY | 91270 | EOY |
Grants Payable GrantsPayable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2563334 | BOY |
| EOY | 1330000 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 178864 | BOY |
| EOY | 0 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2788744 | BOY |
| EOY | 1421270 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 44536808 | BOY |
| EOY | 46775123 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4048000 | BOY |
| EOY | 4048000 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 48584808 | BOY |
| EOY | 50823123 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 51373552 | BOY |
| EOY | 52244393 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| 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) |
|---|---|---|
| Publicly Supported Org170b1 Avi | X | PubliclySupportedOrg170b1Avi |
Gifts Grants Contrib Received170 GiftsGrantsContribReceived170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 3768723 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 9176454 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 11643559 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 12890577 | CurrentTaxYearMinus1Year |
| Current Tax Year | 7049256 | CurrentTaxYear |
| Total | 44528569 | Total |
Total170 Total170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 3768723 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 9176454 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 11643559 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 12890577 | CurrentTaxYearMinus1Year |
| Current Tax Year | 7049256 | CurrentTaxYear |
| Total | 44528569 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Amounts Subst Contributors Total | 7962845 | AmountsSubstContributorsTotal |
| Public Support Total170 | 36565724 | PublicSupportTotal170 |
Gross Investment Income170 GrossInvestmentIncome170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 1240851 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 1633808 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 1992466 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 483305 | CurrentTaxYearMinus1Year |
| Current Tax Year | 886712 | CurrentTaxYear |
| Total | 6237142 | Total |
Other Income170 OtherIncome170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 1031 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 314 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 4099 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 0 | CurrentTaxYearMinus1Year |
| Current Tax Year | 0 | CurrentTaxYear |
| Total | 5444 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | 50771155 | TotalSupport |
| Gross Receipts From Admissions Etc | 20000 | GrossReceiptsFromAdmissionsEtc |
| Public Support Pertcentage170 | 0.72021 | PublicSupportPertcentage170 |
| Public Support Pertcent Prior Year | 0.76877 | PublicSupportPertcentPriorYear |
| Thirty Three Percnt Tests CY170 | X | ThirtyThreePercntTestsCY170 |
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 | |
| Land | Land | |
| Buildings | Buildings |
Leasehold Improvements LeaseholdImprovements
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | 0 | InvestmentCostOrOtherBasis |
| Other Cost Or Other Basis | 198901 | OtherCostOrOtherBasis |
| Depreciation | 88302 | Depreciation |
| Book Value | 110599 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | 0 | InvestmentCostOrOtherBasis |
| Other Cost Or Other Basis | 526213 | OtherCostOrOtherBasis |
| Depreciation | 239184 | Depreciation |
| Book Value | 287029 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | 0 | InvestmentCostOrOtherBasis |
| Other Cost Or Other Basis | 0 | OtherCostOrOtherBasis |
| Depreciation | 0 | Depreciation |
| Book Value | 0 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 397628 | TotalOfBookValueLandBuildings |
| Financial Derivatives | FinancialDerivatives | |
| Closely Held Equity Interests | CloselyHeldEquityInterests |
Other Securities OtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | ALTERNATIVE INVESTMENTS | Description |
| Book Value | 17588186 | BookValue |
| Method Of Valuation | F | MethodOfValuation |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Securities | 17588186 | TotalOfBookValueSecurities |
| Federal Income Tax Liability | 0 | FederalIncomeTaxLiability |
| Total Of Amounts | 0 | TotalOfAmounts |
| Total Revenue | 8080163 | TotalRevenue |
| Total Expenses | 7952355 | TotalExpenses |
| Excess Or Deficit For Year | 127808 | ExcessOrDeficitForYear |
| Net Unrealized GL On Investments | 2110435 | NetUnrealizedGLOnInvestments |
| Total Adjustments | 2110435 | TotalAdjustments |
| Excess Or Deficit Per FS | 2238243 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 10187785 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | 2110435 | NetUnrealizedGainsInvestments |
| Revenue Not Rptd F990 | 2110435 | RevenueNotRptdF990 |
| Revenue Subtotal | 8077350 | RevenueSubtotal |
| Other Revenues Not Included | 2813 | OtherRevenuesNotIncluded |
| Revenue Not Rptd On Fin Stmt | 2813 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 8080163 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 7949542 | TotExpensesEtcAuditedFinclStmt |
| Expenses Subtotal | 7949542 | ExpensesSubtotal |
| Other Expenses Not Included | 2813 | OtherExpensesNotIncluded |
| Expenses Not Rptd On Fin Stmt | 2813 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 7952355 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV (3 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| FIN 48 | Form 990, Schedule D, Part X | THE FOUNDATION ADOPTED THE PROVISIONS OF ACCOUNTING STANDARDS CODIFICATION (ASC) TOPIC 740, INCOME TAXES. ASC TOPIC 740 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. THE FOUNDATION ADOPTED THE DEFERRAL AND DISCLOSURE PROVISIONS OF ASC TOPIC 740 FOR ITS SEPTEMEMBER 30, 2009 CONSOLIDATED FINANCIAL STATEMENTS AND HAS ADOPTED THE PROVISIONS OF ASC TOPIC 740 FOR THE YEAR ENDED SEPTEMEBER 30, 2010. MANAGEMENT ASSERTS THAT NO SUCH UNCERTAIN TAX POSITION EXISTS FOR THE FOUNDATION AT SEPTEMBER 30, 2010. |
| Revenue on return not on books | Part XII, Line 4b | $2,813 REPRESENTS MISC INCOME REPORTED ON FINANCIAL STATEMENTS AS A REDUCTION TO MISC EXPENSE. |
| expenses on return not on books | Part XIII, line 4b | $2,813 REPRESENTS MISC INCOME REPORTED ON FINANCIAL STATEMENTS AS A REDUCTION TO MISC EXPENSE. |
Schedule F IRS990ScheduleF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | true | GrantRecordsMaintained |
Grants To Orgs Outside US GrantsToOrgsOutsideUS (5 entries)
| RegionRegion | Purpose Of GrantPurposeOfGrant | Amount Of Cash GrantAmountOfCashGrant | Manner Of Cash DisbursementMannerOfCashDisbursement | Amount Of Non Cash AssistanceAmountOfNonCashAssistance | Description Of Non Cash AssistanceDescriptionOfNonCashAssistance | Method Of ValuationMethodOfValuation |
|---|---|---|---|---|---|---|
| East Asia/Pacific | Youth Development | 150000 | check | 0 | N/A | N/A |
| East Asia/Pacific | Literacy Program | 17500 | check | 0 | N/A | N/A |
| East Asia/Pacific | Education | 17500 | check | 0 | N/A | N/A |
| East Asia/Pacific | Educational Outreach | 50000 | check | 0 | N/A | N/A |
| Europe/Iceland/Greenland | Youth Development | 50000 | check | 0 | N/A | N/A |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Number Of501c3 Orgs | 5 | TotalNumberOf501c3Orgs |
| Total Number Of Other Orgs | 0 | TotalNumberOfOtherOrgs |
Form990 Schedule F Part IV Form990ScheduleFPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | Procedures for Monitoring the Use of Grant Funds Outside the United States | Identifier |
| Return Reference | Form 990, Schedule F, Part I, Line 2 | ReturnReference |
| Explanation | The Foundation requires the foreign grantee organizations to provide progress reports throughout the year. Additionally the Foundation conducts site visits during the year. | Explanation |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | true | RecordsMaintained |
Recipient Table RecipientTable (19 entries)
| Address Line1AddressUS/AddressLine1 | CityAddressUS/City | StateAddressUS/State | ZIP CodeAddressUS/ZIPCode | EIN Of RecipientEINOfRecipient | IRC SectionIRCSection | Amount Of Cash GrantAmountOfCashGrant | Amount Of Non Cash AssistanceAmountOfNonCashAssistance | Method Of ValuationMethodOfValuation | Description Of Non Cash AssistanceDescriptionOfNonCashAssistance | Purpose Of GrantPurposeOfGrant |
|---|---|---|---|---|---|---|---|---|---|---|
| Anaheim Ducks Foundation Inc | ||||||||||
| 2695 E Katella Ave | Anaheim | CA | 92806 | 113839845 | 501(C)(3) | 8000 | 0 | N/A | N/A | Community Support |
| Anika Foundation | ||||||||||
| 10524 Moss Park | Orlando | FL | 32832 | 263100887 | 501(C)(3) | 25000 | 0 | N/A | N/A | Depression Research |
| Bill Dickey Scholarship Association | ||||||||||
| 1140 East Washington Street | Phoenix | AZ | 85034 | 942933804 | 501(C)(3) | 15000 | 0 | N/A | N/A | Scholarships |
| Boston Red Sox Foundation | ||||||||||
| 4 Yawkey Way | Boston | MA | 02215 | 331007984 | 501(C)(3) | 50000 | 0 | N/A | N/A | Community Support |
| Boys & Girls Club of Philadelphia | ||||||||||
| 1518 Walnut Street | Philadelphia | PA | 19102 | 231966756 | 501(C)(3) | 25000 | 0 | N/A | N/A | Youth Development |
| Concordia Language Villages | ||||||||||
| 901 8th St S | Moorhead | MN | 56562 | 410693977 | 501(C)(3) | 25000 | 0 | N/A | N/A | Education |
| Discovery Science Center | ||||||||||
| 2500 N Main St | Santa Ana | CA | 92705 | 330828380 | 501(C)(3) | 25000 | 0 | N/A | N/A | Education |
| J Wood Platt Caddie Trust | ||||||||||
| PO Box 808 | Southeastern | PA | 19399 | 236296989 | 501(C)(3) | 8000 | 0 | N/A | N/A | Scholarships |
| Jon Bon Jovi Soul Foundation | ||||||||||
| 1635 Market Street | Philadelphia | PA | 19103 | 205036346 | 501(C)(3) | 400000 | 0 | N/A | N/A | Community Support |
| Microsoft Corp (Imagine Cup) | ||||||||||
| PO Box 847255 | Dallas | TX | 752847255 | 911144442 | 25000 | 0 | N/A | N/A | Student Technology | |
| Community Foundation for National Capital Region | ||||||||||
| 1201 15th Street NW | Suite Washington | DC | 20005 | 237343119 | 501(C)(3) | 50000 | 0 | N/A | N/A | Community Support |
| Orange County YMCA | ||||||||||
| 13821 Newport Ave Suite 200 | Tustin | CA | 92780 | 951644055 | 501(C)(3) | 25000 | 0 | N/A | N/A | Youth Development |
| Salesian Boys & Girls Club of Los Angeles | ||||||||||
| 3218 Wabash Ave | Los Angeles | CA | 90063 | 952430743 | 501(C)(3) | 7500 | 0 | N/A | N/A | Youth Development |
| Scholarship America | ||||||||||
| One Scholarship Way | Saint Peter | MN | 56082 | 273419857 | 501(C)(3) | 50000 | 0 | N/A | N/A | Scholarships |
| Suzanne W Dykema Memorial Fund | ||||||||||
| 500 Newport Center Dr | Newport Beach | CA | 92660 | 10000 | 0 | N/A | N/A | HEALTH RESEARCH DONATION | ||
| Team HEAL Foundation Inc | ||||||||||
| PO Box 451370 | Los Angeles | CA | 90045 | 330954775 | 501(C)(3) | 15000 | 0 | N/A | N/A | Youth Athletes |
| The 1st Tee of Philadelphia | ||||||||||
| 1952 E Allegheny Ave | Philadelphia | PA | 19134 | 232088969 | 501(C)(3) | 25000 | 0 | N/A | N/A | Youth Golf Program |
| Tiger Woods Learning Center Foundation | ||||||||||
| 121 Innovation Dr | Irvine | CA | 92617 | 200677815 | 501(C)(3) | 2761000 | 0 | N/A | N/A | Education |
| UCI SAGE SCHOLARS | ||||||||||
| 5171 California Ave | Irvine | CA | 92617 | 952540117 | 501(c)(3) | 7500 | 0 | N/A | N/A | Education |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Nbr Of501 C3 And Govt Grants | 17 | TotalNbrOf501C3AndGovtGrants |
| Total Nbr Of Other Organizations | 2 | TotalNbrOfOtherOrganizations |
Form990 Schedule I Part III Form990ScheduleIPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Type Of Grant | SCHOLARSHIPS TO UNIVERSITY STUDENTS | TypeOfGrant |
| Number Of Recipients | 51 | NumberOfRecipients |
| Amount Of Cash Grant | 199500 | AmountOfCashGrant |
| Amount Of Non Cash Assistance | 0 | AmountOfNonCashAssistance |
| Method Of Valuation | N/A | MethodOfValuation |
| Description Of Non Cash Assistance | N/A | DescriptionOfNonCashAssistance |
Form990 Schedule I Part IV Form990ScheduleIPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | Grant Guidelines | Identifier |
| Return Reference | Form 990, Schedule I, Part I, Line 2 | ReturnReference |
| Explanation | The Foundation makes grants to the Tiger Woods Learning Centers located throughout the U.S. These related organizations were established to carry out the Foundation's educational goals. The Foundation works closely with the Learning Centers, provides support, and monitors their activities on a regular basis. Due to the size of grants the Foundation makes to unrelated charitable organizations, generally under $25,000, the Foundation does require progress reports on select organizations. Also, the Foundation relies on pre-grant procedures and inquiries to ensure the grantee organization meets the requirements for approved programmatic areas of funding. Please see Statement 2 for further information regarding the grants program. | 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 (2 entries)
| Base Compensation Filing OrgBaseCompensationFilingOrg | Comp Based On Related OrgsCompBasedOnRelatedOrgs | Bonus Filing OrgBonusFilingOrg | Bonus Related OrgsBonusRelatedOrgs | Other Compensation Filing OrgOtherCompensationFilingOrg | 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 Filing OrgCompReportPrior990FilingOrg | Comp Report Prior990 Related OrgsCompReportPrior990RelatedOrgs |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Jin C Thatcher | |||||||||||||
| 118983 | 0 | 15000 | 0 | 7462 | 0 | 4783 | 0 | 20848 | 0 | 167076 | 0 | 0 | 0 |
| Gregory McLaughlin | |||||||||||||
| 110031 | 234512 | 0 | 137500 | 0 | 48231 | 0 | 0 | 0 | 37159 | 110031 | 457402 | 0 | 0 |
Form990 Schedule J Part III Form990ScheduleJPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | COMPENSATION FROM RELATED ORGANIZATIONS | Identifier |
| Explanation | The President and CEO, Gregory T. McLaughlin, is compensated through two related 501(c)(3) organizations - Tiger Woods Foundation and Tiger Woods Charity Event Corporation where he devotes 65 hour per week- however, in addition to his responsibilities for these two organizations, he also serves as the President and CEO of Tiger Woods Learning Center Foundation and Tiger Woods Learning Center Foundation-DC, both 501(c)(3) affiliates with 6 hrs of services per week. Mr. McLaughlin's total compensation for his services provided to all four 501(c)(3) affiliated public charities was paid as follows: (B)(i) (B)(ii) (B)(iii) (C) (D) Tiger Woods Foundation 110,031 NONE NONE NONE NONE Tiger Woods CEC 234,512 137,500 48,231 NONE 37,159 Tiger Woods LC-OC NONE NONE NONE NONE NONE Tiger Woods LC-DC NONE NONE NONE NONE NONE ________ _______ ______ _____ ______ Total 344,543 137,500 48,231 NONE 37,159 Form 990, Schedule J, Part I, line 3: The organization relied on related organizations, Tiger Woods Foundation and Tiger Woods Charity Event Corporation 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 or study approval by the board or compensation committee | Explanation |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (8 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| AUDIT OF FINANCIAL STATEMENTS BY INDEPENDENT ACCOUNTANT | Form 990, Part IV, Line 12 and Part XI, line 2b | The Tiger Woods Foundation's financial statements were included in the consolidated audited financial statements of Tiger Woods Foundation, Inc. and affiliates. The consolidated audited financial statements were audited by KPMG, an independent accounting firm, and were prepared according to GAAP. |
| Election of Members of the Governing Body | Form 990, Part VI, Line 7a | The organization has one member. The member's class is nonvoting. The member elects and designates the board of directors. All corporate powers are managed under the direction of the board of directors. |
| Process of Review | Form 990, Part VI, Line 11 | The Board of Directors 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 CFO prior to providing the draft to the Audit Committee. In addition to consulting with the 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. |
| Monitoring and Enforcement of Conflict of Interest Policy | Form 990, Part VI, line 12C | Pursuant to the Conflicts of Interest Policy, an annual conflict of interest questionnaire, aimed at determining any family and business relationships and 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 Conflicts 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 conflicts 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,Section B, 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. 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. |
| TRANSACTIONS WITH RELATED ORGANIZATIONS | SCHEDULE R, PART V, LINE 2, COLUMN (C) | Grant paid (B): The grant to the Tiger Woods Learning Center Foundation was determined based on the recipient charitable organization's operational needs and was approved by the Foundation's board during the annual budgeting process for 2009-10. Grant received (C): The grant from the Tiger Woods Charity Events Corporation was determined based on the recipient charitable organization's operational needs and was approved by the Foundation's board during the annual budgeting process for 2009-10. Sharing of facilities (m): The rent expense is allocated based on estimate of actual space used by both organizations multiplied by the actual expense paid to the lessor. |
| Average Hours Per Week Devoted to Related Organizations | Form 990, Part VII, Section A, Column B | In addition to the hours spent on Tiger Woods Foundation listed on Part VII, the following individuals devoted hours to other related organizations. Gregory McLaughlin also devotes an average of 40 hours per week to Tiger Woods Charity Event Corporation, 5 hours per week to Tiger Woods Learning Center Foundation, 1 hour per week to Tiger Woods Learning Center Foundation-DC (in addition to the 25 hours per week devoted on the Tiger Woods Foundation). Jin C. Thatcher also devotes an average of 15 hours per week to Tiger Woods Charity Event Corporation, 1 hour per week to Tiger Woods Learning Center, and 1 hour per week to Tiger Woods Learning Center-DC. Lindsay McCullough also devotes an average of 40 hours per week to Tiger Woods Charity Event Corporation, 1 hour to Tiger Woods Learning Center and 1 hour to Tiger Woods Learning Center-DC. Katherine Bihr also devotes and average of 40 hours per week to Tiger Woods Learning Center. Sandra Barry also devotes and average of 1 hour per week to Tiger Woods Learning Center Foundation. Dale Dykema also devotes and average of 1 hour per week as a director on the Tiger Woods Learning Center Foundation. Michael McKee also devotes and average of 1 hour per week as a director on the Tiger Woods Learning Center Foundation. Tim Ryan also devotes and average of 1 hour per week as a director on the Tiger Woods Learning Center Foundation. Mark Steinberg also devotes and average of 1 hour per week as a director on the Tiger Woods Learning Center Foundation. None of the other directors or highly compensated employees devoted time to any related organization. |
Schedule R IRS990ScheduleR
Form990 Schedule R Part II Form990ScheduleRPartII (3 entries)
| Address Line1AddressUS/AddressLine1 | CityAddressUS/City | StateAddressUS/State | ZIP CodeAddressUS/ZIPCode | EINEIN | Primary ActivitiesPrimaryActivities | Legal Domicile StateLegalDomicileState | Exempt Code SectionExemptCodeSection | Public Charity StatusPublicCharityStatus | Business Name Line1DirectControllingEntityName/BusinessNameLine1 |
|---|---|---|---|---|---|---|---|---|---|
| TIGER WOODS CHARITY EVENT CORPORATION | |||||||||
| 121 INNOVATION DR SUITE 150 | IRVINE | CA | 92617 | 061554474 | fundraising | CA | 501(c)(3) | 11 | na |
| TIGER WOODS LEARNING CENTER FOUNDATION | |||||||||
| 121 INNOVATION DR SUITE 150 | IRVINE | CA | 92617 | 200677815 | education | CA | 501(c)(3) | 2 | na |
| TIGER WOODS LEARNING CENTER FND DC | |||||||||
| 121 INNOVATION DR SUITE 150 | IRVINE | CA | 92617 | 261175108 | education | DC | 501(c)(3) | 2 | na |
| 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 | true | 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 | false | ReimbursementPaidToOtherOrg |
| Reimbursement Paid By Other Org | false | ReimbursementPaidByOtherOrg |
| Other Transfer To Other Org | false | OtherTransferToOtherOrg |
| Other Transfer From Other Org | false | OtherTransferFromOtherOrg |
Transactions Related Orgs Table TransactionsRelatedOrgsTable (3 entries)
| Transaction TypeTransactionType | Amount InvolvedAmountInvolved |
|---|---|
| Tiger Woods Learning Center Foundation - CA | |
| b | 2761000 |
| Tiger Woods Charity Event Corporation | |
| C | 5341000 |
| Tiger Woods Charity Event Corporation | |
| m | 130526 |