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Tennessee Golf Foundation

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 581893478 ✦ Franklin, TN ✦ Designated as a 501(c)(3)

Overview

What is Tennessee Golf Foundation?

The Tennessee Golf Foundation, located at 400 Franklin Road, Franklin, TN 37069, is a nonprofit organization dedicated to promoting golf and its beneficial values. With a focus on education, they prioritize teaching golf to youth, veterans, and disadvantaged individuals. In 2022, they initiated the operation of the Simmons Bank Open Tournament, a Korn Ferry Tour event. This tournament, serving as "The Path to the PGA Tour," aims to identify and develop players ready to compete and win. The Simmons Bank Open was a 7-day event with 388 participants.


Official website here: www.tngolf.org

Is Tennessee Golf Foundation legitimate?

Tennessee Golf Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Tennessee Golf Foundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $272,026
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,456,699

For more financial information, click here


Official website here: www.tngolf.org

What is the mission statement of Tennessee Golf Foundation?

The Tennessee Golf Foundation aims to promote golf and its beneficial impacts, with a particular focus on educating youth, veterans, and disadvantaged individuals. Their mission is to emphasize the life-enhancing qualities of golf and foster its growth. The organization works tirelessly to contribute to the development of golf, utilizing various initiatives and events. In 2022, the foundation began operating the Simmons Bank Open Tournament, a Korn Ferry Tour event, which serves as a platform for identifying and nurturing golfers preparing for competition at the PGA Tour level.


Official website here: www.tngolf.org

Who is the CEO of Tennessee Golf Foundation?

Whitney Turnbow is the President of Tennessee Golf Foundation.


Official website here: www.tngolf.org

What is the revenue of Tennessee Golf Foundation?

Tennessee Golf Foundation's revenue in 2022 was $6,498,793.


Official website here: www.tngolf.org

Who are the executives of Tennessee Golf Foundation and what are their salaries?

Here are 14 key members and their salaries:

    Whitney Turnbow (President)
  • Compensation: $251,704
  • Related: $0
  • Other: $20,322

    • Richard Horton (Advisor To C)
  • Compensation: $230,932
  • Related: $0
  • Other: $1,398

    • Jim Seabury (Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Johnny Bridgeman (Secretary/Tr) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Gail Smith (Past Preside) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tim Jackson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jim Vernon (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Lamar Mills (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jeff Tickle (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Joey Hickman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Loren Roberts (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Stuart Smith (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Julie Frist (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Brad Martin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.tngolf.org

    Where can I find the form 990 for Tennessee Golf Foundation?

    The Tennessee Golf Foundation’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.tngolf.org

    Learn more at the official website: www.tngolf.org

    Mission Statement of Tennessee Golf Foundation

    The Tennessee Golf Foundation, as its mission statement suggests, is dedicated to promoting golf and its life-enhancing values, with a particular emphasis on educating the youth, veterans, and disadvantaged individuals. This nonprofit organization seeks to leverage the transformative power of golf to make a positive impact on various segments of society. By emphasizing teaching and development, the Tennessee Golf Foundation aims to foster a love for the sport and equip individuals with valuable life skills.

    Impact

    This information is meant to be a general summary of Tennessee Golf Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.




    Saturday, July 20, 2024

    The Tennessee Golf Foundation has a significant impact on promoting the values of golf to youth, veterans, and the disadvantaged. This is exemplified by their operation of the Simmons Bank Open tournament in 2022, a Korn Ferry Tour event that serves as a pathway for developing players ready to compete and win on the PGA Tour. Through initiatives like this, the Tennessee Golf Foundation is actively contributing to the growth and accessibility of golf while positively impacting the lives of individuals from diverse backgrounds.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $341,699
  • Program Service Revenue: $4,002,300
  • Gross Receipts: $7,619,654

    • Assets and Liabilities:
  • Total Assets: $21,930,121
  • Total Liabilities: $3,192,629
  • Net Assets: $18,737,492
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    SIMMONS BANK OPEN

    Revenue

    $1,114,316

    JUNIOR GOLF TOUR

    Revenue

    $1,019,440

    LITTLE COURSE

    Revenue

    $719,862

    REGIONAL EVENTS

    Revenue

    $662,742

    FIRST TEE/GOLF MGMT

    Revenue

    $404,021

    Organization Details

    Founding Year

    1990

    Principal Officer

    Whitney Turnbow

    Main Address

    400 FRANKLIN ROAD, FRANKLIN, TN, 37069

    NTEE Category

    Code: A50Z - Arts

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