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
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 |
|---|---|---|---|
| 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
Related Funders
Similar funders by location and focus area
Wolf Family Charitable Trust
OAKTON, VA
Assets
$385K
Grants
5
Total Given
$189K
Stone Ridge Foundation
ALTAVISTA, VA
Assets
$6.4M
Grants
2
Total Given
$15K
Lawrence and Ira Straus Charitable Tr
ARLINGTON, VA
Assets
$236K
Grants
12
Total Given
$8K
Iraqi Children Foundation Inc
FAIRFAX, VA
Assets
$101K
Grants
2
Total Given
$610K
Mjh Foundation
VIRGINIA BEACH, VA
Assets
$46.5M
Grants
1
Total Given
$1.9M
The Roth Family Foundation
ARLINGTON, VA
Assets
$67K
Grants
1
Total Given
$25K
Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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