PGA TOUR CHARITIES INC is a 501(c)(3) public charity established in 1986 and headquartered at 1 PGA TOUR Boulevard in Ponte Vedra Beach, Florida. The organization operates as a subordinate organization under PGA Tour and functions as a grantmaking foundation that raises and distributes funds to other charitable and educational organizations. The organization accomplishes its mission through direct contribution solicitations and fundraising initiatives.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$4.5M
+3.4% YoY
Annual Giving
$2.9M
+9.0% YoY
Grant Count
83
+10.7% YoY
Avg Grant Size
$35K
-1.5% YoY
Mission & Focus Areas
PGA TOUR CHARITIES INC was established for the purpose of generating funds for donations to support other qualified charitable organizations. Through the world of golf, the organization drives positive impact to support and improve local communities.
The organization's primary focus areas include:
- Youth Development & Welfare: Supporting exempt organizations that further the welfare and wellbeing of youth
- Military Support: Connecting military service members and their families to homefront groups that provide assistance
- Educational Initiatives: Supporting educational and charitable missions
- Individual Assistance: Providing charitable support to needy individuals
- Professional Caddie Support: As of the end of 2023, the organization assumed programs from three small charities with similar tax-exempt purposes, including the Professional Caddies Assistance Foundation, which provides relief to poor, distressed, and underprivileged current and former professional caddies
Grantmaking
PGA TOUR CHARITIES INC distributes grants to support exempt organizations across multiple focus areas. Based on recent financial data:
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Geographic Focus
Where this funder awards grants
The organization's grantmaking focuses primarily on Virginia, Florida, and Texas.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
As of Fiscal Year 2024:
- Total Assets: $4,452,785
- Total Revenue: $3,327,867
- Total Expenses: $3,185,657
- Total Liabilities: $183,000
- Number of Employees: 0
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $4,452,785 | $4,304,679 | $3,339,240 |
| Revenue | $3,327,867 | $3,805,865 | $2,679,209 |
| Expenses | $3,185,657 | $2,890,986 | $3,101,138 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $124,469 | $32,250 | $11,017 |
| 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
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| MCILROY RORY | DIRECTOR | 1 | — |
| MONAHAN JOSEPH W | PRESIDENT/DIRECTOR | 1 | — |
| PRICE RONALD E | VICE PRESIDENT/DIRECTOR | 1 | — |
| BROWN LEONARD | VICE PRESIDENT | 1 | — |
| KELLER ALLISON W | VICE PRESIDENT/SECRETARY | 1 | — |
| SHETTY NEERA M | VICE PRESIDENT | 1 | — |
| HOFFMAN CHARLEY | DIRECTOR | 1 | — |
| MADARA JAY M | VICE PRESIDENT/TREASURER | 1 | — |
| SHARKEY KENNETH J | FORMER VICE PRESIDENT | — | — |
| HERLIHY EDWARD D | DIRECTOR | 1 | — |
| LINDERT JOHN | DIRECTOR | 1 | — |
Recent News & Activity
Recent developments and announcements
The organization has been recognized for its charitable impact through the PGA TOUR's annual Charity of the Year program, which highlights beneficiary organizations supported by PGA TOUR events. The organization continues to expand its reach through its grantmaking activities and the integration of programs from smaller charities consolidated in 2023.
Tiretown Golf Charities named PGA TOUR Champions Charity of the YearSubject Areas
Focus areas based on grantmaking activity
Related Funders
Similar funders by location and focus area
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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