World Golf Foundation Inc
World Golf Foundation Inc
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About this organization
Mission
The World Golf Foundation's mission is to unite the golf industry around initiatives that promote, enhance the growth of and provide access to the game worldwide, while preserving golf's traditional values and passing them on to others.
About
World Golf Foundation, Inc. (the "Foundation"), which is supported by major international golf organizations and professional tours, oversees the World Golf Hall of Fame & MUSEUM (4a), The First Tee (4b), We Are Golf (4c) and other nonprofit components. The Foundation has a dual mission. The mission of the foundation is to preserve the history of the game and the legacies of those who have made it great and to create entertaining and educational exhibits for the enjoyment of the general public. These elements of the Foundation work together to promote growth of the game of golf among adults, youth, and minorities as well as in the golf industry. The Foundation is supported by major golf organizations and professional tours throughout the world including: American Junior Golf Association American Society of Golf Course Architects Asian Tour Club Managers Association of America Golf Canada Golf Course Builders Association of America Golf Course Superintendents Association of America Golf Writers Association of America International Association of Golf Administrators Japan Golf Tour Organization Ladies Professional Golf Association National Golf Course Owners Association National Golf Foundation PGA of America PGA TOUR INC. PGA TOUR Champions The PGA European Tour THE MASTERS TOURNAMENT The R&A Royal Canadian Golf Association Southern Africa PGA Tour United States Golf Association Web.com Tour World Golf Hall of Fame & MUSEUM opened its museum facility ("Museum") in May 1998 providing visitors an opportunity to learn about the rich history, values and deeply rooted traditions of the game through interactive exhibits, unique storytelling and a compelling guest experience. The World Golf Hall of Fame IMAX Theater provides a mix of IMAX films that provide eductional opportunities for area school children and the general public. The World Golf Hall Of Fame Museum and facility encompasses approximately 75,000 square feet and holds more than 70 separate exhibits that combine historical artifacts with the latest interactive technology. The artifacts on display are representative of the history of golf and many of the artifacts are on loan to the Foundation from various individuals and golf organizations for use in the guest experience. The World Golf Hall of Fame and Museum conducts a bienniel induction ceremony to enshrine the greatest players and contributors. Enshrinement can include (both male and female) professional players, accomplished amateurs and individuals who have made substantial contributions to the game outside of the competitive arena.
Interesting data from their 2020 990 filing
The filing specifies the mission of the non-profit as “To develop and support initiatives including the hall of fame, the first tee, and we are golf that positively impact lives through the game of golf and its traditional values.”.
When explaining its duties, they were described as: “To develop and support initiatives including the hall of fame, the first tee, and we are golf that positively impact lives through the game of golf and its values.”.
- The state in which the non-profit is authorized to operate legally is FL.
- According to the filing, the address of the non-profit for the year 2020 is ONE WORLD GOLF PLACE, ST AUGUSTINE, FL, 32092.
- The non-profit has reported 165 employees on their form for the year 2020.
- Does not operate a hospital.
- Does not operate a school.
- Collects art.
- Does not provide credit counseling.
- Has foreign activities.
- Is not a donor-advised fund.
- Is not a private foundation.
- Expenses are greater than $1,000,000.
- Revenue is greater than $1,000,000.
- Revenue less expenses is -$10,408,496.
- The CEO compensation strategy within the organization is determined through a thorough evaluation and endorsement by an independent source.
- The organization elects its board members.
- The organization has a foreign financial account.
- The organization has 7 independent voting members.
- The organization was formed in 1989.
- The organization has a written policy that addresses conflicts of interest.
- The organization is required to file Schedule B.
- The organization is required to file Schedule J.
- The organization is required to file Schedule O.
- The organization engages in lobbying activities.
- The organization pays $15,293,384 in salary, compensation, and benefits to its employees.
- The organization pays $1,912,119 in fundraising expenses.
- The organization provides Form 990 to its governing body.
- The organization pays grants to individuals.
- The organization has minutes of its meetings.
- The organization has a written whistleblower policy.
- The organization has grants to organizations.
- The organization's financial statements were reviewed by an accountant.