THE CLUB FOUNDATION WAS FORMED FOR CHARITABLE AND EDUCATIONAL PURPOSES TO FOSTER INTELLECTUAL EXCELLENCE IN THE FIELD OF CLUB MANAGEMENT. THIS PURPOSE IS ACHIEVED BY AWARDING SCHOLARSHIPS OR RESEARCH GRANTS TO INDIVIDUALS AND BY MAKING GIFTS OR CONTRIBUTIONS. THE FOUNDATION'S MISSION IS TO SUPPORT THE ADVANCEMENT OF THE CLUB MANAGEMENT PROFESSION THROUGH FUNDING OF EDUCATIONAL AND TRAINING OPPORTUNITIES FOR CLUB MANAGERS AND STUDENTS AND TO SERVE AS A VEHICLE TO COORDINATE AND DISSEMINATE INFORMATION OF MUTUAL INTEREST TO PRIVATE CLUBS, RESTAURANTS, HOTELS AND OTHER SECTORS OF THE GOLF, AND HOSPITALITY INDUSTRIES.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$6.2M
+18.0% YoY
Annual Giving
$126K
+23.2% YoY
Grant Count
5
+150.0% YoY
Avg Grant Size
$25K
-50.7% YoY
About The Club Foundation
Based on IRS filings
The Club Foundation is a nonprofit organization focused on Education, based in ALEXANDRIA, VA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $6.2M in total assets. In 2024, it awarded 5 grants totaling $126K. Net investment income was $108K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $6,180,671 | $5,237,386 | $5,121,192 |
| Revenue | $639,679 | $611,286 | $1,163,107 |
| Expenses | $557,966 | $509,130 | $497,653 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $107,667 | $129,118 | $206,520 |
| 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 5 recipients in 2024
Grant Size Distribution
16 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Club Management Association of America ($76,415), Tee It up for the Troops ($20,000), Seminole Region Charity Golf Tournament Inc ($10,000).
| Recipient | Purpose | Amount |
|---|---|---|
| TEE IT UP FOR THE TROOPS BURNSVILLE, MN | TROOPS REUNION AND TOURNMENT GRANT | $20,000 |
| CLUB MANAGEMENT ASSOCIATION OF AMERICA ALEXANDRIA, VA | SUPPORT STUDENTS | $76,415 |
| SEMINOLE REGION CHARITY GOLF TOURNAMENT INC DELRAY BEACH, FL | HURRICANE AND FLOOD RELIEF | $10,000 |
| CAROLINAS CLUB FOUNDATION BREVARD, NC | HURRICANE AND FLOOD RELIEF | $10,000 |
| CLUB MANAGERS ASSOCIATION OF AMERICA - GEORGIA CHAPTER MARIETTA, GA | HURRICANE AND FLOOD RELIEF | $10,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| JEFFREY D MORGAN FASAE CAE | PRESIDENT | 5 | — |
| NICHOLAS J LAROCCA | CHAIRMAN | 2 | — |
| LUANN GIOVANNELLI CCM CAM | VICE CHAIRMAN | 2 | — |
| RANDY RUDER CCM CCE | SECRETARY | 2 | — |
| TODD MARSH CCM CCE | TREASURER | 2 | — |
| MICHAEL SEABROOK CCM CCE | DIRECTOR | 2 | — |
| JOE OSWALD | DIRECTOR | 2 | — |
| FRED PALMER JR | DIRECTOR | 2 | — |
| ADAM HARRIS | DIRECTOR | 2 | — |
| JANINE BUDZIUS CCM CCE | DIRECTOR | 2 | — |
| TERRA S H WALDRON CCM CCE | DIRECTOR | 2 | — |
| JOE MENDEZ CCM CCE | DIRECTOR | 2 | — |
| CHEIKHOU DIAGNE | DIRECTOR | 2 | — |
| RICHARD LAROCCA CCM CCE | DIRECTOR | 2 | — |
| BLAINE BURGESS CCM CCE | DIRECTOR | 2 | — |
| KELLY WILLIAMS CCM | DIRECTOR | 2 | — |
| SUSAN SCHENKEL CCM CCE | DIRECTOR | 2 | — |
| JASON TATE | CFO | 5 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Club Foundation?
The Club Foundation is a nonprofit organization focused on Education, based in ALEXANDRIA, VA. It holds $6.2M in total assets as of 2024.
How large is The Club Foundation?
As of 2024, The Club Foundation holds $6.2M in total assets with $640K in annual revenue. It awarded 5 grants totaling $126K in 2024.
Where does The Club Foundation operate?
The Club Foundation has awarded grants in California, Florida, Georgia, Minnesota, North Carolina, New Jersey, Virginia.
What size grants does The Club Foundation award?
In 2024, The Club Foundation awarded 5 grants totaling $126K — an average of about $25K per grant, based on its IRS Form 990 filings.
What is The Club Foundation's EIN?
The Club Foundation's EIN (Employer Identification Number) is 52-1642692. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in The Club Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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