Pga Tour First Tee Foundation Inc
75% goes to programs $13 to raise $100 Strong reserves Declining revenue
Pga Tour First Tee Foundation Inc is a 501(c)(3) organization based in Ponte Vedra, Florida, registered in 2019, with $34,230,410 in FY2024 revenue. CharityIndex grades it A, and it directs about 75% of spending to programs.
1 Pga Tour Blvd, Ponte Vedra, FL, 32082 EIN 83-4186070 Since 2019
Revenue (FY2024)
$34.2M
▲ 20.1% vs prior year
Recreation median: $129K
Expenses (FY2024)
$32.7M
Net assets
$119.7M
Employees
68
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A
B+Program efficiency40% of the rating75% to programs · $13 to raise $100
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Pga Tour First Tee Foundation Inc: 75% to programs · $13 to raise $100 earns a B+ on this criterion. See the exact thresholds →
AFinancial health25% of the rating44 mo reserves · +5% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Pga Tour First Tee Foundation Inc: 44 mo reserves · +5% margin earns a A on this criterion. See the exact thresholds →
A+Governance25% of the rating6 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Pga Tour First Tee Foundation Inc: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
A+Transparency10% of the rating5 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Pga Tour First Tee Foundation Inc: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Mission
To impact the lives of young people by providing educational programs that build character and instill life- enhancing values through the game of golf.
What they do
First tee college scholarship program is available to high school seniors who are active in the first tee and excel in academics, leadership, character development, community and have demonstrated financial need to attend college. as part of the program, students are paired with an adult mentor throughout their college experience and are provided professional development and resources. scholars receive financial support up to $5,000 per year, renewable for four years based on the student's performance. students select the college they would like to attend, and the financial support is paid directly to the institution of the recipient's choice.
Contact & location
- Address
- 1 Pga Tour Blvd, Ponte Vedra, FL, 32082
- City
- Ponte Vedra
- State
- Florida
- Category
- Recreation & Sports
- Subcategory
- Amateur Sports
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $0 (FY2019) to $34.2M (FY2024) across 6 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $5.4MNet assets $119.7M
Operating margin
4.6%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$125.2M
Total liabilities
$5.4M
Net assets
$119.7M
Salaries & benefits
$10.9M
33% of expenses
Board members
5
4 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $34,230,410▲20.1% | $32,650,601▲6.1% | $119,709,079▲5.8% | $125,158,804▲5.4% | 990 |
| 2023 | $28,512,084▼10.9% | $30,771,210▼10.0% | $113,150,563▼0.3% | $118,697,045▼0.6% | 990 |
| 2022 | $31,986,597▼54.2% | $34,177,729▲9.0% | $113,463,148▼10.3% | $119,450,769▼8.7% | 990 |
| 2021 | $69,880,814▼27.5% | $31,347,492▲50.1% | $126,478,337▲50.9% | $130,809,259▲48.2% | 990 |
| 2020 | $96,357,278 | $20,886,398 | $83,843,086 | $88,241,842 | 990 |
| 2019 | $0 | $0 | $0 | $0 | 990EZ |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2024)
Highest-paid: Gregory T Mclaughlin — $1,092,724 (3.35% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Gregory T Mclaughlin | Director/president/secretary | 40 | $1,092,724 |
| Guy Garbarino | Svp Advancement | 40 | $393,452 |
| Jennifer Weiler | Svp Network Relations | 40 | $318,216 |
| Blanton Jones | Vp Advancement | 40 | $278,074 |
| Jane Fader | Svp Comms & Marketing | 40 | $272,843 |
| Benjamin Jarvis | Vp Strategy & Bus. Enablement | 40 | $270,077 |
| Diane Tetsworth | Treasurer & Svp | 30 | $185,506 |
| Edward D Herlihy | Director | 5 | — |
| John B Mccoy | Director | 5 | — |
| Timothy W Finchem | Director | 5 | — |
| Victor F Ganzi | Director | 5 | — |
Top vendors & contractors (FY2024)
| Contractor | Services | Paid |
|---|---|---|
| Captech Ventures Inc | It Services | $1,373,080 |
| Pga Tour Enterprises LLC | Support Services | $1,058,880 |
| Salesforcecom Inc | Software Services | $530,037 |
| Docebo Na Inc | Software Services | $434,669 |
| Pello Events | Event Services | $286,904 |
Grants received · $54.2M total
67 grants to Pga Tour First Tee Foundation Inc totaling $54.2M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Pga Tour Inc | General support | 2024 | $4,671,263 |
| United States Golf Association | Junior | 2024 | $325,000 |
| Ayco Charitable Foundation | Community & human services | 2024 | $301,200 |
| American Endowment Foundation | Educational | 2024 | $200,000 |
| Foundation For the Carolinas | Charitable gift | 2024 | $125,000 |
| The Us Charitable Gift Trust | For recipient's exempt purpose | 2024 | $100,100 |
| The Thunderbirds | Youth development | 2024 | $100,000 |
| The Community Foundation Inc | General purposes | 2024 | $100,000 |
| Gs Donor Advised Philanthropy Fund For Wealth Management Inc | Community & human services | 2024 | $100,000 |
| Columbus Foundation | Social services | 2024 | $100,000 |
| Morgan Stanley Global Impact Funding Trust Inc | Unrestricted general support | 2024 | $100,000 |
| Inland Empire Community Foundation | Youth | 2024 | $10,000 |
| American Online Giving Foundation Inc | General support | 2024 | $6,589 |
| Donor Advised Charitable Giving | Human services | 2023 | $5,540,500 |
| Pga Tour Inc | General support | 2023 | $4,602,903 |
Grants made · $9.4M in FY2024
133 grants totaling $9.4M in FY2024 — showing the 15 largest. All grants made by Pga Tour First Tee Foundation Inc →
| Recipient | Purpose | Amount |
|---|---|---|
| Twin Cities Junior Golf Program | General support | $675,800 |
| Tee Off Fore Life Inc | General support | $600,500 |
| The First Tee of Greater Houston Inc | General support | $547,800 |
| Childrens Golf Foundation Inc | General support | $508,910 |
| The First Tee of Chicago Foundation | General support | $319,230 |
| Fore La Kids Inc | General support | $308,862 |
| Indiana Golf Foundation Inc | General support | $252,800 |
| Richmond First Tee | General support | $214,233 |
| Seattle Jr Golf Foundation | General support | $199,942 |
| Good Golfers Better People of Metro Atlanta Inc | General support | $197,170 |
| Tennessee Golf Foundation | General support | $192,674 |
| Future Talent of Silicon Valley | General support | $182,800 |
| Golf Fore Life Skills | General support | $172,050 |
| The First Tee of Greater Philadelphia Inc | General support | $169,700 |
| The First Tee of Greater Washington | General support | $166,800 |
Similar organizations in Recreation
Recreation
Kings Point Recreation Corporation Inc
Delray Beach, FL
$32.0M
Bannual revenue
Recreation
Bonita Bay Club Inc
Bonita Spgs, FL
$39.0M
C+annual revenue
Recreation
Country Club At Woodfield
Boca Raton, FL
$40.5M
Cannual revenue
Recreation
Ballenisles Country Club Inc
Palm Bch Gdns, FL
$41.5M
C+annual revenue
Recreation
Florida State University Athletics Association Inc
Tallahassee, FL
$42.9M
Bannual revenue
Recreation
South Florida Fair and Expositions Inc
West Palm Bch, FL
$24.8M
Bannual revenue
Recreation
Jonathans Landing Golf Club Inc
Jupiter, FL
$24.3M
C+annual revenue
Recreation
Aberdeen Golf & Country Club Inc
Boynton Beach, FL
$24.2M
Bannual revenue
Recreation
Shadow Wood Country Club Inc
Estero, FL
$23.0M
C+annual revenue
- Recreation
The Club At Mediterra Inc
Naples, FL
$22.0M
Dannual revenue
Compare Pga Tour First Tee Foundation Inc
Frequently asked questions
- Is Pga Tour First Tee Foundation Inc a legitimate nonprofit?
- Yes. Pga Tour First Tee Foundation Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 83-4186070, based in Ponte Vedra, Florida. Donations are tax-deductible.
- What is Pga Tour First Tee Foundation Inc's EIN?
- Pga Tour First Tee Foundation Inc's Employer Identification Number (EIN) is 83-4186070.
- How much revenue does Pga Tour First Tee Foundation Inc report?
- Pga Tour First Tee Foundation Inc reported $34,230,410 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much of Pga Tour First Tee Foundation Inc's spending goes to programs?
- Pga Tour First Tee Foundation Inc spends about 75% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Pga Tour First Tee Foundation Inc have?
- CharityIndex grades Pga Tour First Tee Foundation Inc A, based on program efficiency and fundraising cost.
- How much does Pga Tour First Tee Foundation Inc's highest-paid employee make?
- The highest reported compensation on Pga Tour First Tee Foundation Inc's latest Form 990 is $1,092,724, paid to Gregory T Mclaughlin (Director/president/secretary).
More nonprofits in Ponte Vedra
Explore more
Data for Pga Tour First Tee Foundation Inc (EIN 83-4186070) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.