The Club Foundation
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.
The Club Foundation at a glance
In short: The Club Foundation gave $141K across 3 grants in 2025 (avg $47K), mostly in Virginia. Source: 2025 IRS Form 990.
- Annual giving (2025)
- $141,380
- +11.8% vs 2024
- Grants made (2025)
- 3
- -40.0% vs 2024
- Average grant
- $47,127
- +86.4% vs 2024
- Median grant
- $20,000
- Total assets
- $6,896,836
- +11.6% vs 2024
- Primary geography
- Virginia (79% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990, 2025 View filing
Data from IRS Form 990, 2025; updated September 2026.
Who The Club Foundation funds
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2025
The largest 2025 recipient was Club Management Association of America ($111K). Together the top 3 received $141K.
Grant Size Distribution
16 grants across all recorded years
The most common grant size was under $50K: 13 grants of 16 (81%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 3 itemized grants.
Cities
How The Club Foundation gives
- Giving grew 253% from 2022 to 2025. Method
From the foundation's IRS Form 990 filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2019 to 2025, annual grant giving ranged from $40K (2022) to $141K (2025). In 2025 it made 3 grants totaling $141K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Club Management Association of America Alexandria, VA | Support Students | $111,380 |
| Tee It up for the Troops Burnsville, MN | Troops Reunion and Tournment Grant | $20,000 |
| Golden State Chapter Cmaa Newport Beach, CA | Hurricane and Flood Relief | $10,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2025 | $6,896,836 | $881,538 | $670,817 | $141,380 | 3 | $183,724 |
| 2024 | $6,180,671 | $639,679 | $557,966 | $126,415 | 5 | $107,667 |
| 2023 | $5,237,386 | $611,286 | $509,130 | $102,576 | 2 | $129,118 |
| 2022 | $5,121,192 | $1,163,107 | $497,653 | $40,000 | 3 | $206,520 |
| 2021 | $5,582,121 | $820,522 | $326,671 | $73,965 | 3 | $220,853 |
| 2020 | $4,513,995 | $549,899 | $402,587 | $90,530 | 3 | $130,381 |
| 2019 | $4,395,312 | $738,649 | $372,566 | $96,598 | 6 | $123,325 |
About The Club Foundation
Based on IRS filings
The Club Foundation is a public charity focused on Education, based in Alexandria, VA. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $6.9M in total assets. In 2025, it awarded 3 grants totaling $141K. Net investment income was $184K.
Focus Areas
Leadership & Key People
Officers and directors from IRS filings
The Club Foundation is led by Jeffrey D. Morgan Fasae Cae, President on every filing since 2019; none of the 18 officers listed in 2025 report compensation.
Officers on the 2025 filing
Jeffrey D. Morgan Fasae Cae
President
On filings since 2019
5 hrs/week
No compensation reported
Luann Giovannelli Ccm Cam
Chair
Treasurer → Vice Chairman, 2022
Vice Chairman → Chair, 2025
On filings since 2019
2 hrs/week
No compensation reported
Fred Palmer Jr.
Director
On filings since 2019
2 hrs/week
No compensation reported
Richard Larocca Ccm Cce
Director
Vice Chairman → Director, 2023
On filings since 2020
2 hrs/week
No compensation reported
Cheikhou Diagne
Director
On filings since 2022
2 hrs/week
No compensation reported
Joe Mendez Ccm Cce
Director
On filings since 2022
2 hrs/week
No compensation reported
Adam Harris
Director
On filings since 2023
2 hrs/week
No compensation reported
Blaine Burgess Ccm Cce
Director
On filings since 2023
2 hrs/week
No compensation reported
Kelly Williams Ccm
Director
On filings since 2023
2 hrs/week
No compensation reported
Janine Budzius Ccm Cce
Director
On filings since 2024
2 hrs/week
No compensation reported
Susan Schenkel Ccm Cce
Director
On filings since 2024
2 hrs/week
No compensation reported
Joseph Krenn Ccm Cce
Director
New on the 2025 filing
2 hrs/week
No compensation reported
Paula Kelly Ccm Cce
Director
New on the 2025 filing
2 hrs/week
No compensation reported
Vache Hagopian
Director
New on the 2025 filing
2 hrs/week
No compensation reported
Randy Ruder Ccm Cce
Treasurer
Director → Secretary, 2023
Secretary → Treasurer, 2025
On filings since 2019
2 hrs/week
No compensation reported
Terra S. H. Waldron Ccm Cce
Secretary
Director → Secretary, 2025
On filings since 2019
2 hrs/week
No compensation reported
Todd Marsh Ccm Cce
Vice Chair
Director → Treasurer, 2022
Treasurer → Vice Chair, 2025
On filings since 2019
2 hrs/week
No compensation reported
Jason Tate
CFO
On filings since 2024
5 hrs/week
No compensation reported
Former officers (13)
- Former: Joe Oswald (2019–2024) — Director
- Former: Nicholas J. Larocca (2019–2024) — Chairman
- Former: Michael Seabrook Ccm Cce (2022–2024) — Director
- Former: Mitchell S. Platt McM Cce (2019–2023) — Director
- Former: Timothy P. Minahan Ccm Cce (2019–2023) — Secretary
- Former: Elisha Cicerone Ccm (2022–2023) — Director
- Former: Brian R. Kroh Ccm (2019–2022) — Director
- Former: John Collins (2022) — Director
- Former: Burton Ward Ccm Cce (2019–2021) — Chairman
- Former: Casey Newman Ccm (2019–2021) — Director
- Former: Donna Otis Ccm Cce (2019–2021) — Director
- Former: Mark A. Bado McM Cce (2019–2021) — Director
- Former: Mike Parkhurst (2019–2021) — Director
Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about The Club Foundation
How much does The Club Foundation give each year?
The Club Foundation gave $141K across 3 grants in 2025, according to its 2025 IRS Form 990. In 2024 it gave $126K across 5 grants.
What is The Club Foundation's typical grant size?
The Club Foundation's median grant in 2025 was $20,000, and its average grant was $47,127, across 3 grants on its 2025 IRS Form 990.
Where does The Club Foundation give grants?
The Club Foundation gives mostly in Virginia: 79% of the grant dollars itemized on its 2025 IRS Form 990 went to recipients there. The next largest states were Minnesota (14%) and California (7%).
Does The Club Foundation give general operating support?
Not in 2025: none of the 3 grants with a stated purpose on The Club Foundation's 2025 IRS Form 990 were described as general or operating support.
How large is The Club Foundation?
The Club Foundation reported $6.9M in total assets on its 2025 IRS Form 990. Its revenue that year was $882K.
What is The Club Foundation?
The Club Foundation is a public charity focused on Education, based in Alexandria, VA. It holds $6.9M in total assets as of 2025.
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 2019–2025.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(8)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2020 (received by the IRS March 26, 2021)
- Updated Form 990 for fiscal year 2021 (received by the IRS April 26, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS July 25, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS September 10, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS August 1, 2025)
- Added Form 990 for fiscal year 2019 (received by the IRS April 13, 2020)
- Added Form 990 for fiscal year 2025 (received by the IRS July 7, 2026)
- IRS filings on file for fiscal years 2020–2024
Live grants for the work The Club Foundation funds
Education Open opportunities, soonest deadline first.
Explore Open Grants
Browse active grant opportunities in The Club Foundation's focus areas in our free grants database
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More similar funders
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