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Masters Tournament Foundation Inc. is a private corporation based in AUGUSTA, GA. The foundation received its IRS ruling in 2012. The principal officer is % William S Hatcher Iii. It holds total assets of $18.3M. Annual income is reported at $84.9M. ASIA PACIFIC AMATEUR CHAMPIONSHIP. According to available records, Masters Tournament Foundation Inc. has made 29 grants totaling $13M, with a median grant of $150K. Annual giving has decreased from $10M in 2020 to $705K in 2022. Individual grants have ranged from $3K to $3M, with an average award of $450K. The foundation has supported 20 unique organizations. The foundation primarily supports organizations in Florida, Georgia, Virginia, which account for 66% of all grants. Grantmaking reaches organizations across 6 states. Contributions to this foundation are tax-deductible.
ASIA PACIFIC AMATEUR CHAMPIONSHIP
Expenses: $311K
DRIVE, CHIP, AND PUTT CHAMPIONSHIP
Expenses: $980K
LATIN AMERICAN AMATEUR CHAMPIONSHIP
Expenses: $4.2M
AUGUSTA NATIONAL WOMEN'S AMATEUR
Expenses: $1.2M
ASIA PACIFIC AMATEUR CHAMPIONSHIP. Based on available records, the foundation has funded 29 grants. Its grantmaking reaches organizations primarily in FL, GA, VA.
Masters Tournament Foundation Inc. has distributed a total of $13M across 29 grants. The median grant size is $150K, with an average of $450K. Individual grants have ranged from $3K to $3M.
Masters Tournament Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Masters Tournament Foundation Inc. is headquartered in AUGUSTA, GA. While based in GA, the foundation distributes grants to organizations across 6 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Fred S Ridley | DIRECTOR | $0 | $0 | $0 |
| S Taylor Glover | PRESIDENT AND CEO | $0 | $0 | $0 |
| Robert L Johnston | SECRETARY AND TREASURER | $0 | $0 | $0 |
| W Patrick Battle | DIRECTOR | $0 | $0 | $0 |
| Craig L Heatley | DIRECTOR | $0 | $0 | $0 |
Total Giving
$18.9M
Total Assets
$67.4M
Fair Market Value
$67.4M
Net Worth
$50.7M
Grants Paid
$353K
Contributions
$27.6M
Net Investment Income
$1.2M
Distribution Amount
$2.6M
Total: $27.2M
Total Grants
29
Total Giving
$13M
Average Grant
$450K
Median Grant
$150K
Unique Recipients
20
Most Common Grant
$100K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| World Golf FoundationFOSTER SPORT OF GOLF | St Augustine, FL | $250K | 2022 |
| The Lpga FoundationFOSTER SPORT OF GOLF | Daytona Beach, FL | $100K | 2022 |
| Augusta University FoundationFOSTER SPORT OF GOLF | Augusta, GA | $3K | 2022 |
| Paine College-Lee Elder Scholarship FoundationFOSTER SPORT OF GOLF | Augusta, GA | $1.2M | 2021 |
| First Tee Of AugustaFOSTER SPORT OF GOLF | Augusta, GA | $200K | 2021 |
AUSTIN, TX
EL MONTE, CA
WESTON, FL
AUSTELL, GA
SAINT LOUIS, MO
| Edward D Herlihy |
| DIRECTOR |
| $0 |
| $0 |
| $0 |
| Terence F Mcguirk | DIRECTOR | $0 | $0 | $0 |
| Brian L Roberts | DIRECTOR | $0 | $0 | $0 |
| Lee J Styslinger Iii | DIRECTOR | $0 | $0 | $0 |
| Thomas C Nelson | DIRECTOR | $0 | $0 | $0 |
| Kessel D Stelling Jr | DIRECTOR | $0 | $0 | $0 |
| 2016 | 990PF | View |
| 2015 | 990PF | View |
| World Golf Foundation (Hof Ceremony)FOSTER SPORT OF GOLF | St Augustine, FL | $150K | 2021 |
| Caf AmericaFOSTER SPORT OF GOLF | Alexandria, VA | $108K | 2021 |
| Lpga FoundationFOSTER SPORT OF GOLF | Daytona Beach, FL | $100K | 2021 |
| Pga Foundation (Pga Reach)FOSTER SPORT OF GOLF | Palm Beach Gardens, FL | $100K | 2021 |
| Pga Tour CharitiesFOSTER SPORT OF GOLF | Ponte Vedra Beach, FL | $100K | 2021 |
| UsgaFOSTER SPORT OF GOLF | Far Hills, NJ | $100K | 2021 |
| The Environmental Institute For GolfFOSTER SPORT OF GOLF | Lawrence, KS | $10K | 2021 |
| Pga Tour IncFOSTER SPORT OF GOLF | Ponte Vedra Beach, FL | $3M | 2020 |
| Pga European TourFOSTER SPORT OF GOLF | Virginia Water | $2M | 2020 |
| LpgaFOSTER SPORT OF GOLF | Daytona Beach, FL | $1M | 2020 |
| South Africa PgaFOSTER SPORT OF GOLF | Somerset West | $750K | 2020 |
| Japan Golf Tour OrganizationFOSTER SPORT OF GOLF | Tokyo | $750K | 2020 |
| Pga Of Australia LtdFOSTER SPORT OF GOLF | Sandhurst Vic | $750K | 2020 |
| Asian Tour LimitedFOSTER SPORT OF GOLF | Sentosa | $750K | 2020 |
| E4e ReliefFOSTER SPORT OF GOLF | Charlotte, NC | $100K | 2020 |
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