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World Golf Foundation Inc

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

EIN: 592998925 ✦ Ponte vedra beach, FL ✦ Designated as a 501(c)(3)

Overview

What is World Golf Foundation Inc?

The World Golf Foundation Inc, established in Ponte Vedra Beach, Florida, is a nonprofit organization backed by major international golf organizations and professional tours. With a dual mission, it preserves golf's history and legacies of influential figures while creating engaging and educational displays for the public. The Foundation comprises the World Golf Hall of Fame & Museum and other nonprofit components like the American Golf Industry Coalition. Its initiatives aim to promote golf's growth among various demographics and within the industry. The organization is supported by various golf organizations and professional tours worldwide, including the PGA Tour, USGA, European Tour, and Masters Tournament. The World Golf Hall of Fame Museum, opened in 1998, offers visitors an immersive learning experience about the rich golfing heritage. The facility includes interactive exhibits, storytelling, and educational opportunities. The Foundation conducts biennial induction ceremonies to enshrine golf's greatest players and contributors. The American Golf Industry Coalition unites and activates the golf industry around strategic initiatives that boost participation, inspire interest, and promote sustainable golf practices.


Official website here: www.worldgolffoundation.org

Is World Golf Foundation Inc legitimate?

World Golf Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. World Golf Foundation Inc 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: $324,354
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,826,121

For more financial information, click here


Official website here: www.worldgolffoundation.org

What is the mission statement of World Golf Foundation Inc?

The World Golf Foundation Inc is dedicated to bringing together the golf industry to support initiatives that foster the growth and accessibility of golf worldwide. Its mission goes beyond just promoting the game; it also aims to preserve golf's traditional values and pass them on to future generations. The organization achieves its mission in two main ways: first, through the American Golf Industry Coalition, which unites industry members to boost participation and retention, generate interest, and implement sustainable practices for golf facilities. Second, through the World Golf Hall of Fame, it honors golf's legends, preserving their histories for future generations.


Official website here: www.worldgolffoundation.org

Who is the CEO of World Golf Foundation Inc?

Gregory Mclaughlin is the President/Chief Exec Officer of World Golf Foundation Inc. The CEO's salary of World Golf Foundation Inc is $324,354 and their total compensation is $324,354.


Official website here: www.worldgolffoundation.org

What is the revenue of World Golf Foundation Inc?

World Golf Foundation Inc's revenue in 2022 was $16,141,642.


Official website here: www.worldgolffoundation.org

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

The average compensation at World Golf Foundation Inc during 2022 was $45,755. There are 47 employees and 60 volunteers at World Golf Foundation Inc.

Here are 12 key members and their salaries (World Golf Foundation Inc's CEO's salary is $324,354 and their total compensation is $324,354):

    Gregory T Mclaughlin (President/Chief Exec Officer) [Trustee/Director]
  • Compensation: $324,354
  • Related: $0
  • Other: $0

    • Jason Garrow (Vp Of Business Development)
  • Compensation: $160,930
  • Related: $0
  • Other: $18,043

    • Herb Cain (Facilities Director)
  • Compensation: $111,249
  • Related: $0
  • Other: $11,628

    • Jay Monahan (Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Martin Slumbers (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Seth Waugh (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mollie Marcoux Samaan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • E William Jones Jr (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Keith Pelley (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michael P Whan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Rhett Evans (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Diane Tetsworth (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.worldgolffoundation.org

    Where can I find the form 990 for World Golf Foundation Inc?

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


    Official website here: www.worldgolffoundation.org

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

    Mission Statement of World Golf Foundation Inc

    The World Golf Foundation Inc is a pioneering organization with a mission to bring together the golf industry and spearhead initiatives that foster the growth and accessibility of golf worldwide. By uniting stakeholders, this esteemed institution strives to increase participation and retention of golf enthusiasts, inspire interest in the game, and advocate for sustainable practices in golf facilities. Its commitment extends to preserving the rich traditions of golf and passing them on to future generations.

    Through the American Golf Industry Coalition, the World Golf Foundation Inc galvanizes the golf industry around strategic initiatives, ensuring the sport's continued expansion and relevance. These initiatives focus on boosting participation and retention, generating excitement, and promoting best practices for golf facilities. This collective effort is instrumental in nurturing the golf community and maintaining its vibrancy.

    In addition to its industry-focused endeavors, the World Golf Foundation Inc is home to the World Golf Hall of Fame. This prestigious institution celebrates golf's storied history and honors the legends who have shaped the game. By preserving the legacies of these golfing greats, the World Golf Foundation Inc ensures that their contributions live on, inspiring future generations to carry on the tradition of golf.

    Impact

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




    Thursday, August 15, 2024

    World Golf Foundation Inc unites the golf industry worldwide around initiatives that promote and enhance the growth of the game while preserving its traditional values. Through programs like the American Golf Industry Coalition and the World Golf Hall of Fame, the foundation celebrates the sport and preserves the legacies of those who have contributed significantly to its greatness. By providing access to golf and promoting sustainable best practices for facilities, the foundation plays a vital role in increasing participation and retention of players across all demographics. Through its efforts, World Golf Foundation Inc is not only preserving the history of the game but also passing on its values and traditions to future generations.





    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: $46,048
  • Program Service Revenue: $1,395,326
  • Gross Receipts: $16,453,027

    • Assets and Liabilities:
  • Total Assets: $18,735,829
  • Total Liabilities: $2,249,439
  • Net Assets: $16,486,390
  • Programs

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

    IMAX THEATER

    Revenue

    $742,548

    WORLD GOLF HALL OF FAME

    Revenue

    $652,778

    Organization Details

    Founding Year

    1989

    Principal Officer

    Gregory Mclaughlin

    Main Address

    1 PGA TOUR BLVD, PONTE VEDRA BEACH, FL, 32082

    NTEE Category

    Code: N110 - Recreation

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