PGA Tour Charities Inc logo

PGA Tour Charities Inc

Public charity · Grantmaker Ponte Vedra Beach, FL EIN: 59-2774423 Website

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.

  • 55% of 2024 grantees were also funded in 2023. Method
  • Giving fell 26% from 2021 to 2024. Method

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.

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

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

26states

Share of 2024 grant dollars across all 83 itemized grants.

Cities

RichmondJacksonvillePonte Vedra BeachSan AntonioMidlothianNorth ChesterfieldAtlantaChesterfieldRockvilleJacksonville BeachPonte VedraGlen AllenSaint AugustineSaint LouisVirginia BeachAshlandLouisaMitchellvilleNew YorkSan Diego

Giving Over Time

Total grant dollars and number of grants per year

$0$5M$10M$15M135 grants2020 76 grants2021 73 grants2022 75 grants2023 83 grants2024

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

PGA Tour First Tee Foundation Inc: $335KPGA Tour First Tee FoundationInc$335KK9S For Warriors: $198KK9S For Warriors$198KGrayson Murray Foundation Inc: $156KGrayson Murray Foundation Inc$156KMission Gait: $142KMission Gait$142KATLAS Partnership: $136KATLAS Partnership$136KThe Richmond Ballet: $118KThe Richmond Ballet$118KGreater Richmond Aquatics Partnership: $111KGreater Richmond AquaticsPartnership$111KThe Peavey Project: $109KThe Peavey Project$109KWorld Pediatric Project: $103KWorld Pediatric Project$103KLouisa Downtown Development Corporation: $79KLouisa Downtown DevelopmentCorporation$79K

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

330<$50K42$50–100K58$100–250K5$250–500K5$500K–1M2$1–5M$5M+

The most common grant size was under $50K: 330 grants of 442 (75%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
PGA Tour First Tee Foundation Inc Ponte Vedra Beach, FLGeneral Support$335,000
K9S For Warriors Ponte Vedra, FLGeneral Support$197,934
Grayson Murray Foundation Inc Garner, NCGeneral Support$155,657
Mission Gait Richmond, VAGeneral Support$142,117
ATLAS Partnership North Chesterfield, VAGeneral Support$135,649
The Richmond Ballet Richmond, VAGeneral Support$117,598
Greater Richmond Aquatics Partnership Richmond, VAGeneral Support$111,000
The Peavey Project Henrico, VAGeneral Support$108,969
World Pediatric Project Richmond, VAGeneral Support$102,585
Louisa Downtown Development Corporation Louisa, VAGeneral 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.

Revenue
Expenses
Net Investment Income
$0$5M$10M$15M2020 2021 2022 2023 2024
Metric202420232022
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

  1. Updated Form 990 for fiscal year 2020 (received by the IRS November 12, 2021)
  2. Updated Form 990 for fiscal year 2021 (received by the IRS November 15, 2022)
  3. Updated Form 990 for fiscal year 2022 (received by the IRS November 15, 2023)
  4. Updated Form 990 for fiscal year 2023 (received by the IRS November 13, 2024)
  5. Updated Form 990 for fiscal year 2024 (received by the IRS November 14, 2025)
  6. 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.

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