PGA Tour Charities Inc
PGA Tour Charities Inc is a public charity based in Ponte Vedra Beach, Florida. Established in 1986, it raises funds and makes grants to support qualified charitable organizations, while also providing charitable support to individuals in need.
Key facts about PGA Tour Charities Inc
In short: PGA Tour Charities Inc gave $2.9M across 83 grants in 2024 (avg $35K), mostly in Virginia. 39% of 2024 grantees were new. Source: 2024 IRS Form 990.
- EIN
- 59-2774423
- Latest 990 filing
- Form 990, 2024
- Annual giving (2024)
- $2,915,990
- Grants made (2024)
- 83
- Average grant
- $35,132
- Median grant
- $13,411
- New grantees (estimate)
- 39% first-time grantees (32 of 83, 2024)
- Total assets
- $4,452,785
- Primary geography
- Virginia (57% of itemized 2024 grant dollars)
Data from IRS Form 990, 2024; updated September 2026. New grantees are estimated by matching recipient names across years (methodology).
Financial Overview
From 2024 IRS Form 990 · 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
Is PGA Tour Charities Inc open to new grantees?
39%
first-time grantees, 2024
In 2024, 32 of 83 grantees (39%) were first-time recipients. First grants averaged $22K; repeat grants $43K. How we count
Medians: $9K first-time, $18K repeat.
Estimate from itemized grant lists in IRS Form 990 filings (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Mission & Focus Areas
PGA TOUR CHARITIES says its purpose is to generate funds for donations to qualified charitable organizations. Its stated activities include grants to exempt organizations with educational or charitable missions, support for needy individuals, and other charitable initiatives.
Its 2024 grants included organizations with varied missions. For example, PGA TOUR First Tee Foundation says its program combines golf with a life-skills curriculum to help children build character. K9s for Warriors says it provides trained service dogs to military veterans experiencing PTSD, traumatic brain injury, or military sexual trauma. Mission Gait says it works through education, training, and research to help patients with complex gait disabilities move with confidence. These are the grantees’ descriptions of their own missions.
The organization also assumed programs from three charities at the end of 2023: Professional Caddies Assistance Foundation, which provides relief to current and former professional caddies and their families facing financial hardship or catastrophic loss; PGA Tour Charitable and Educational Fund, which supports charitable organizations and aids distressed professional and amateur golfers; and PGA Tour Employees Emergency Relief Fund, which provides relief to current and former PGA TOUR, Inc. and controlled-subsidiary employees and their families facing financial hardship or catastrophic loss.
Grantmaking
In filing year 2024, PGA TOUR CHARITIES reported 83 grants totaling $2,915,990. Grants ranged from $5,253 to $335,000, with a median grant of $13,411. The largest grants included:
The listed 2024 grants were reported for general support. No application process or deadline is stated here.
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Geographic Focus
Where this funder awards grants
In 2024, Virginia received 57% of grant dollars and Florida received 25%. North Carolina received 5%, while Maryland and Oklahoma each received 2%.
Grant Distribution by State
Share of 2024 grant dollars across all 83 itemized grants.
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $2.7M (2023) to $11.3M (2020). In 2024 it made 83 grants totaling $2.9M.
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was PGA Tour First Tee Foundation Inc ($335K). Together the top 10 received $1.5M.
Grant Size Distribution
442 grants across all recorded years
The most common grant size was under $50K: 330 grants of 442 (75%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| PGA Tour First Tee Foundation Inc Ponte Vedra Beach, FL | General Support | $335,000 |
| K9S For Warriors Ponte Vedra, FL | General Support | $197,934 |
| Grayson Murray Foundation Inc Garner, NC | General Support | $155,657 |
| Mission Gait Richmond, VA | General Support | $142,117 |
| ATLAS Partnership North Chesterfield, VA | General Support | $135,649 |
| The Richmond Ballet Richmond, VA | General Support | $117,598 |
| Greater Richmond Aquatics Partnership Richmond, VA | General Support | $111,000 |
| The Peavey Project Henrico, VA | General Support | $108,969 |
| World Pediatric Project Richmond, VA | General Support | $102,585 |
| Louisa Downtown Development Corporation Louisa, VA | General Support | $79,185 |
Financial History
Multi-year comparison from IRS filings
| Filing year | Assets | Revenue | Expenses | Grants |
|---|---|---|---|---|
| 2024 | $4,452,785 | $3,327,867 | $3,185,657 | $2,915,990 |
| 2023 | $4,304,679 | $3,805,865 | $2,890,986 | $2,675,599 |
| 2022 | $3,339,240 | $2,679,209 | $3,101,138 | $2,864,076 |
The organization files Form 990 as a public charity.
| 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 |
| Net Investment Income | $124,469 | $32,250 | $11,017 |
Data update history
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2020 (received by the IRS November 12, 2021)
- Updated Form 990 for fiscal year 2021 (received by the IRS November 15, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS November 15, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS November 13, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS November 14, 2025)
- IRS filings on file for fiscal years 2020–2024
Leadership & Key People
Leadership team and compensation from IRS filings
Officers and directors listed on the 2024 filing include Rory McIlroy, director; Joseph W. Monahan, president and director; Ronald E. Price, vice president and director; Leonard Brown, vice president; Allison W. Keller, vice president and secretary; Neera M. Shetty, vice president; Charley Hoffman, director; Jay M. Madara, vice president and treasurer; Kenneth J. Sharkey, former vice president; and Edward D. Herlihy, director.
PGA Tour Charities Inc is led by Monahan Joseph W., President & Director on every filing since 2020; none of the 11 officers listed in 2024 report compensation.
Officers on the 2024 filing
Monahan Joseph W.
President & Director
On filings since 2020
1 hr/week
No compensation reported
Herlihy Edward D.
Director
On filings since 2020
1 hr/week
No compensation reported
Price Ronald E.
Vice President & Director
On filings since 2020
1 hr/week
No compensation reported
Hoffman Charley
Director
On filings since 2021
1 hr/week
No compensation reported
Lindert John
Director
On filings since 2023
1 hr/week
No compensation reported
McIlroy Rory
Director
On filings since 2023
1 hr/week
No compensation reported
Brown Leonard
Vice President
On filings since 2020
1 hr/week
No compensation reported
Keller Allison W.
Vice President & Secretary
On filings since 2020
1 hr/week
No compensation reported
Sharkey Kenneth J.
Former Vice President
Vice President & Treasurer → Former Vice President, 2024
On filings since 2020
No compensation reported
Madara Jay M.
Vice President & Treasurer
On filings since 2022
1 hr/week
No compensation reported
Shetty Neera M.
Vice President
New on the 2024 filing
1 hr/week
No compensation reported
Former officers (7)
- Former: Spieth Jordan (2023) — Director
- Former: Anderson Richard D. (2020–2022) — Former Vice President
- Former: Hahn James (2020–2022) — Director
- Former: Richerson Jim (2021–2022) — Director
- Former: Finchem Timothy W. (2020–2021) — Former President
- Former: Wagner M. Johnson (2020) — Director
- Former: Whaley Suzy (2020) — Director
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Contact
Mailing address: 1 Pga Tour Boulevard, Ponte Vedra Beach, FL 32082
Phone: (904) 285-3700
Website: https://pgatourcharities.org
Frequently asked questions about PGA Tour Charities Inc
How much does PGA Tour Charities Inc give each year?
PGA Tour Charities Inc gave $2.9M across 83 grants in 2024, according to its 2024 IRS Form 990. In 2023 it gave $2.7M across 75 grants.
What is PGA Tour Charities Inc's typical grant size?
PGA Tour Charities Inc's median grant in 2024 was $13,411, and its average grant was $35,132, across 83 grants on its 2024 IRS Form 990. Organizations receiving their first grant from PGA Tour Charities Inc that year got $22K on average.
Where does PGA Tour Charities Inc give grants?
PGA Tour Charities Inc gives mostly in Virginia: 57% of the grant dollars itemized on its 2024 IRS Form 990 went to recipients there. The next largest states were Florida (25%) and North Carolina (5%). The most frequent recipient cities were Richmond, VA (32 grants), North Chesterfield, VA (5 grants), Ponte Vedra Beach, FL (4 grants) and Jacksonville, FL (4 grants).
Does PGA Tour Charities Inc give general operating support?
Yes: 100% of PGA Tour Charities Inc's 2024 grants with a stated purpose (83 of 83) were for general or operating support, per its 2024 IRS Form 990.
Who are PGA Tour Charities Inc's largest grantees?
PGA Tour Charities Inc's largest 2024 grantees include PGA Tour First Tee Foundation Inc ($335,000), K9S For Warriors ($197,934) and Grayson Murray Foundation Inc ($155,657), according to its 2024 IRS Form 990. Together they received 24% of its itemized 2024 grant dollars.
How large is PGA Tour Charities Inc?
PGA Tour Charities Inc reported $4.5M in total assets on its 2024 IRS Form 990. Its revenue that year was $3.3M.
What does PGA Tour Charities Inc fund?
PGA TOUR CHARITIES says its purpose is to generate funds for donations to qualified charitable organizations. Its stated activities include grants to exempt organizations with educational or charitable missions, support for needy individuals, and other charitable initiatives. See mission & focus areas ↑
How do I apply for a grant from PGA Tour Charities Inc?
PGA Tour Charities Inc has no public application process in the sources Grantable reviewed. Check pgatourcharities.org for current guidelines, or contact the foundation directly before submitting a request.
What is PGA Tour Charities Inc's EIN?
PGA Tour Charities Inc's EIN (Employer Identification Number) is 59-2774423. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated September 2026. Sourced from IRS Form 990 filings. Research dossier generated September 2026.
Here's the math on researching PGA Tour Charities Inc by hand.
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