The Golf Charitable Foundation of Greater Des Moines (also known as The Principal Charity Classic) is a 501(c)(3) public charity located in Des Moines, Iowa. The organization serves as the hosting charity for an annual professional golf tournament while supporting the Community Foundation of Greater Des Moines and charity golf tournaments in central Iowa. The foundation operates as a subordinate organization under the Community Foundation of Greater Des Moines.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$2.6M
+9.1% YoY
Annual Giving
$8.5M
+23.4% YoY
Grant Count
74
-6.3% YoY
Avg Grant Size
$115K
+31.7% YoY
Mission & Focus Areas
Mission: To support the Community Foundation of Greater Des Moines and serve as the host charitable organization for one or more charity golf tournaments in the greater Des Moines area.
The foundation raises funds for Iowa charities primarily through donations and sponsorships. The annual Principal Charity Classic tournament contributes to the economic vitality and quality of life in central Iowa by heightening awareness of selected charitable institutions and providing access to professional-level golf activities.
Grantmaking
The foundation distributes charitable funds through two main programs:
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Geographic Focus
Where this funder awards grants
The foundation focuses on central Iowa and the greater Des Moines area, with particular emphasis on supporting charities benefiting children throughout Iowa.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
As of 2024:
- Total Assets: $2,579,200
- Total Revenues: $14,614,420
- Total Expenses: $14,618,934
Historical Data:
- Total Assets (prior year): $2,760,577
- Total Giving (cumulative): $10,675,574
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $2,579,200 | $2,364,337 | $1,974,418 |
| Revenue | $14,614,420 | $13,693,555 | $13,955,804 |
| Expenses | $14,618,934 | $13,625,401 | $13,815,122 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $44,473 | $28,995 | $-49,702 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
250 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Blank Children's Hospital ($223,750), Des Moines Metro Opera ($187,500), Asap After School Arts Program ($137,500).
| Recipient | Purpose | Amount |
|---|---|---|
| ADAPTIVE SPORTS IOWA AMES, IA | GENERAL OPERATIONS | $126,574 |
| ASAP AFTER SCHOOL ARTS PROGRAM DES MOINES, IA | GENERAL OPERATIONS | $137,500 |
| AVENUE SCHOLARS IOWA COUNCIL BLUFFS, IA | GENERAL OPERATIONS | $41,328 |
| BALLET DES MOINES WEST DES MOINES, IA | GENERAL OPERATIONS | $135,000 |
| BIG BROTHERS BIG SISTERS OF CENTRAL IOWA CLIVE, IA | GENERAL OPERATIONS | $110,000 |
| BLANK CHILDREN'S HOSPITAL DES MOINES, IA | GENERAL OPERATIONS | $223,750 |
| BLANK PARK ZOO FOUNDATION DES MOINES, IA | GENERAL OPERATIONS | $58,985 |
| BOYS & GIRLS CLUB OF CENTRAL IOWA DES MOINES, IA | GENERAL OPERATIONS | $129,600 |
| BRAVO GREATER DES MOINES DES MOINES, IA | GENERAL OPERATIONS | $135,000 |
| BUILD LINCOLN HIGHER DES MOINES, IA | GENERAL OPERATIONS | $108,000 |
Leadership & Key People
Leadership team and compensation from IRS filings
- Ken McCullum - Principal Officer
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| KRISTI KNOUS | VICE-CHAIR AND DIRECTOR | 1 | — |
| KEN MCCULLUM | CHAIR AND DIRECTOR | 10 | — |
| JO CHRISTINE MILES | PRESIDENT AND DIRECTOR | 1 | — |
| TIFFANY TAUSCHECK | SECRETARY AND DIRECTOR | 1 | — |
| DAN HOUSTON | TREASURER AND DIRECTOR | 1 | — |
| EMILY ABBAS | DIRECTOR | 1 | — |
| MATT CARSTENS | DIRECTOR | 1 | — |
| LINDSAY CHASE | DIRECTOR | 1 | — |
| MARY COFFIN | DIRECTOR | 1 | — |
| GREG EDWARDS | DIRECTOR | 1 | — |
| H LYNN HORAK | DIRECTOR | 1 | — |
| KATHRYN KUNERT | DIRECTOR | 1 | — |
| MIKE MCCORMICK | DIRECTOR | 1 | — |
| MIKE MCCOY | DIRECTOR | 1 | — |
| ROSEMARY PARSON | DIRECTOR | 1 | — |
| SUKU RADIA | DIRECTOR | 1 | — |
| BRIAN SATHER | DIRECTOR | 1 | — |
| DAVID STARK | DIRECTOR | 1 | — |
| ROB TEKOLSTE | DIRECTOR | 1 | — |
| RICH WILLIS | DIRECTOR | 1 | — |
| BETH WOOD | DIRECTOR | 1 | — |
Recent News & Activity
Recent developments and announcements
The foundation continues to operate the Principal Charity Classic as its primary fundraising vehicle, with the tournament generating significant funds annually from private contributions, sponsorships, and ticket sales that are distributed to local charitable organizations.
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What does Golf Charitable Foundation fund?
**Mission:** To support the Community Foundation of Greater Des Moines and serve as the host charitable organization for one or more charity golf tournaments in the greater Des Moines area. The foundation raises funds for Iowa charities primarily through donations and sponsorships. The annual Principal Charity Classic tournament contributes to the economic vitality and quality of life in central Iowa by heightening awareness of selected charitable institutions and providing access to profession…
How do I apply for a grant from Golf Charitable Foundation?
The foundation distributes charitable funds through two main programs: **Birdies for Charity Program:** Provides financial support to 501(c)(3) charities benefiting children throughout Iowa. Total funds received through this program reached $6,982,710. **Tournament Charity Partners:** Direct distributions to local charitable organizations selected as tournament partners. Recent grants include: • $70,000 to Iowa PGA Foundation (2023) for General Operations • $100,000 to Des Moines Valley Golf Cl…
Where does Golf Charitable Foundation make grants?
The foundation focuses on central Iowa and the greater Des Moines area, with particular emphasis on supporting charities benefiting children throughout Iowa.
What size grants does Golf Charitable Foundation award?
In 2024, Golf Charitable Foundation awarded 74 grants totaling $8.5M — an average of about $115K per grant, based on its IRS Form 990 filings.
What is Golf Charitable Foundation's EIN?
Golf Charitable Foundation's EIN (Employer Identification Number) is 81-2651226. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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