Pga Tour Inc
PGA TOUR INC is a 501(c)(6) business league headquartered in Ponte Vedra Beach, Florida. Designated as a membership organization of professional golfers, the PGA TOUR operates as a nonprofit entity focused on the promotion and management of professional golf competitions. The organization manages and co-sponsors four professional golf tournament divisions: PGA TOUR, PGA TOUR Champions, Korn Ferry Tour, and PGA TOUR Americas.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$3.9B
-11.0% YoY
Annual Giving
$33.3M
-6.5% YoY
Grant Count
324
+2.9% YoY
Avg Grant Size
$103K
-9.1% YoY
Mission & Focus Areas
The principal mission of PGA TOUR INC is the promotion of the sport of professional golf and the common interests of touring professional golfers, while expanding opportunities for players domestically and internationally and upholding the integrity of the game.
The organization accomplishes this mission primarily through:
- Managing and co-sponsoring professional golf tournaments
- Securing corporate sponsorship of tournaments and programs
- Securing television exposure for professional golf tournaments
- Providing opportunities for touring professional golfers to compete and earn prize money and benefits
- Growing the game through public attendance and television and media engagement
In 2024, the various tours collectively held 115 tournaments, with total prize money and other player-related benefits earned through competition exceeding $975 million.
Grantmaking
PGA TOUR INC's grant-making focuses on Education, Philanthropy, Voluntarism & Grantmaking, and Human Services. Typical award sizes range from $5,080 to $7,302,852.
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Geographic Focus
Where this funder awards grants
PGA TOUR INC's grant-making focuses primarily on Florida, Puerto Rico, and Hawaii. The organization operates tournaments in 29 countries and territories, with worldwide broadcast reaching 212 countries and territories in 23 languages.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
As of December 2024:
- Total Assets: $3,863,253,473
- Total Revenue: $760,607,406
- Total Expenses: $1,212,293,737
- Number of Employees: 375
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $3,863,253,473 | $4,339,305,907 | $5,277,164,005 |
| Revenue | $760,607,406 | $1,828,533,185 | $1,897,747,134 |
| Expenses | $1,212,293,737 | $1,890,652,204 | $1,865,792,074 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $293,168,539 | $129,602,238 | $116,552,569 |
| 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
Open Grants
5 open opportunities from Pga Tour Inc
FedEx St. Jude Championship: Equipment Grant
PGA TOUR INC
Amount
Unspecified amount in in-kind support
Deadline
Rolling / Open
Positively Memphis Community Grant: Community Growth and Empowerment Focus
PGA TOUR INC
Amount
US $1,000 - US $25,000
Deadline
Rolling / Open
Positively Memphis Community Grant: Education Focus
PGA TOUR INC
Amount
US $1,000 - US $25,000
Deadline
Rolling / Open
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 |
|---|---|---|---|
| Woods Eldrick Tiger | Player Director | 20 | $18,344,359 |
| Monahan Joseph W | Commissioner & President | 12 | $8,575,105 |
| Spieth Jordan | Player Dir / Asst Secretary | 20 | $10,138,950 |
| Cantlay Patrick | Player Director | 20 | $7,789,941 |
| Price Ronald E | Chief Operating Officer | 11 | $2,176,823 |
| Scott Adam | Player Director | 20 | $7,356,258 |
| Brown Leonard | Chief Global Business Ventures | 5 | $512,765 |
| Anderson Richard D | EVP & Chief Commercial Officer | 4 | $732,256 |
| Malnati Peter | Player Director | 20 | $2,560,624 |
| Keller Allison W | Chief Admin Ofc / Secretary | 12 | $918,677 |
| Shetty Neera M | Chief Legal Ofc & EVP Soc Resp | 14 | $552,285 |
| Simpson James Webb | Player Dir / Asst Treasurer | 20 | $718,745 |
| Madara Jay M | EVP & CFO / Treasurer | 7 | $502,108 |
| Dennis Leland T | Chief Competitions Officer | 34 | $1,149,834 |
| Oliver Brian M | EVP Corporate Partnerships | 4 | $496,185 |
| Neal Laura | EVP Brand Communications | 9 | $473,796 |
| Gambuzza Norbert M | EVP Media | 3 | $281,892 |
| Gore Jason | EVP & Chief Player Officer | 60 | $1,105,212 |
| Triola James C | COO Golf Course Properties | 1 | $9,182 |
| Glod Daniel T Jr | SVP Business Development | 5 | $278,317 |
| Goicouria Luis E | SVP Media | 5 | $145,087 |
| Baldwin Alexandra C | President Korn Ferry Tour | 5 | $271,061 |
| Brady Jack M Jr | President PGA TOUR Champions | 5 | $242,559 |
| Weitz Andrew | CMO & EVP Inv Rel, As of 08/05 | 15 | $213,086 |
| Sharkey Kenneth J | Former EVP & CFO | 5 | $112,615 |
| Votaw Ty M | Former EVP International | 5 | $112,500 |
| Herlihy Edward D | Chairman / President | 10 | — |
| Dunne James J III | Independent Dir, Thru 05/12 | 10 | — |
| Flaherty Mark A | Independent Dir, Thru 05/18 | 10 | — |
| Gorder Joe | Independent Director | 20 | — |
| Meeker Mary G | Independent Director | 10 | — |
| Lindert John | PGA of America Dir, Thru 11/06 | 1 | — |
| Rea Don Jr | PGA of America Dir As of 11/07 | 1 | — |
Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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