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Copperhead Charities Inc

PALM HARBOR, FL EIN: 59-2319162 Website

Copperhead Charities Inc is a 501(c)(3) nonprofit organization based in Palm Harbor, Florida, that operates the Valspar Championship, a professional golf tournament on the PGA TOUR. The organization was founded in 1977 and consists of 200+ area business and civic leaders known as the Copperheads. The charity's primary function is to generate charitable funds for the Tampa Bay area through the proceeds of professional golf tournaments while promoting the region and providing economic impact to the community.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$4.2M

-30.8% YoY

Annual Giving

$1.5M

+39.4% YoY

Grant Count

50

-2.0% YoY

Avg Grant Size

$30K

+42.2% YoY

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

Mission Statement: Copperhead Charities' mission is to operate a world-class professional golf tournament on the PGA TOUR which consistently drives charitable funds into the community, while generating a positive economic impact, promoting the region nationally and internationally, and providing an unforgettable event experience for sponsors, patrons, and volunteers.

Primary Focus: The organization provides aid to Tampa Bay area charities through fundraising events centered around professional golf. Grant-making focuses on Education, Philanthropy, Voluntarism & Grantmaking, and Human Services.

Grantmaking

Grant Range

** Typical awards range from $5,012 to $143,943

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Geographic Focus

Where this funder awards grants

Primary focus on Tampa Bay area charities in Florida, with some giving activity noted in Georgia and Oklahoma.

Grant Distribution by State

10states
+2 more states

Cities

AtlantaCharlestownClearwaterColorado SpringsDunedinEast PointEdmondFort CollinsLakelandLargoLecantoLouisvilleLutzMinneapolisOcalaOdessaOwassoPalm HarborPhoenizPinellas Park

Financial History

Multi-year comparison from IRS filings

Total Assets (2024): $6,040,670

Total Revenues (2024): $17,843,482

Total Expenses (2024): $17,524,881

Number of Employees (2024): 13

All-Time Charitable Impact: Over $51 million generated for Tampa Bay charities since 1977

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$5M$10M$15M$21M20212022202320242025
Metric202520242023
Total Assets$4,182,823$6,040,670$5,557,222
Revenue$18,260,364$17,843,482$16,357,137
Expenses$18,664,988$17,524,881$16,327,283
Qualifying Distributions
Net Investment Income$217,726$117,673$54,717
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$371K$741K$1M$1M13 grants202149 grants202248 grants202351 grants202450 grants2025

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2025

CHARITY POLO CLASSIC INC$312KHABITAT FOR HUMANITY PIN…$158KGUARDIAN ANGELS CATHOLIC…$121KBIG BROTHERS BIG SISTERS$72KTAMPA GENERAL HOSPITAL F…$71KUSF FOUNDATION$54KUSF SPORT & ENTERTAINMEN…$48KST PETERSBURG COLLEGE FO…$38KTARPON SPRINGS HS BAND B…$37KBLACK DIAMOND FOUNDATION$35K

Grant Size Distribution

210 grants across all recorded years

189<$50K13$50–100K7$100–250K1$250–500K$500K–1M$1–5M$5M+

Open Grants

2 open opportunities from Copperhead Charities Inc

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Leadership team and compensation from IRS filings

Tracy West - Tournament Director

Compensation Overview

From 2025 IRS filing

TRACY WESTTOURNAMENT DIRECTOR$355KAUSTIN MICHAEL KERNSENIOR DIRECTOR OF CORPORATE…$293KTRENT GERHARTSENIOR DIRECTOR$166KANTHONY ABONEDIRECTOR OF CORPORATE PARTNE…$133KZACHARY LABBEDIRECTOR OF OPERATIONS$121K

From 2025 filing

NameTitleHoursCompensation
RONDE BARBERGENERAL CHAIR3
MARCUS GREENEVICE CHAIR1
JOHN ASTRABDIRECTOR1
JIM EISCHDIRECTOR1
KEITH ROBINSONDIRECTOR1
JON WAXDIRECTOR1
PAUL BLAYLOCKDIRECTOR1
JOHN COURISDIRECTOR1
DAN DOYLE JRDIRECTOR1
PENNY PARKSDIRECTOR1
MIKE MCNALLYDIRECTOR1
ALYSSA RHOADSDIRECTOR1
CHRIS SULLIVANDIRECTOR1
NICK BERNINGDIRECTOR1
SANDRA BRAHAMDIRECTOR1
CHRIS MOYERDIRECTOR1
SHAWN WILDERMUTHDIRECTOR1
HOWARD HECKESDIRECTOR1
MARK FITZPATRICKDIRECTOR1
HOLLIS CAVNERDIRECTOR1
SAM ROSATIDIRECTOR1
TRACY WESTTOURNAMENT DIRECTOR40$354,666
AUSTIN MICHAEL KERNSENIOR DIRECTOR OF CORPORATE PARTNER40$292,810
TRENT GERHARTSENIOR DIRECTOR40$165,505
ZACHARY LABBEDIRECTOR OF OPERATIONS40$120,679
ANTHONY ABONEDIRECTOR OF CORPORATE PARTNERSHIPS40$132,960

Recent News & Activity

Recent developments and announcements

2023

Copperhead Charities reached a significant milestone in 2023, surpassing $50 million in all-time charitable donations to local nonprofits. The 2023 Valspar Championship generated nearly $1.2 million in charitable contributions distributed to more than 60 area organizations. Additionally, the tournament's food drive collected over 5,000 pounds of food items for Feeding Tampa Bay.

COPPERHEAD CHARITIES TOPS $50 MILLION IN ALL-TIME CHARITY IMPACT - Valspar

The organization notes that the $50 million in cumulative charitable donations exceeds $10 million more than the combined total prize money won by the top 25 golfers in the event's history.

COPPERHEAD CHARITIES TOPS $50 MILLION IN ALL-TIME CHARITY IMPACT - Valspar

Subject Areas

Focus areas based on grantmaking activity

Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.

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