Overview
What is Golf Charitable Foundation Of Greater Des Moines?
The Golf Charitable Foundation of Greater Des Moines is a nonprofit organization that serves as the hosting charity for the annual Principal Charity Classic golf event in Des Moines, Iowa. Their primary objective is to raise funds for local charities primarily through donations, sponsorships, and ticket sales. Since its inception, the foundation has generated substantial revenue and income through these sources. In Fiscal Year 2022, they increased revenue by $211,670 and net ordinary income by $353,610. The funds raised are distributed through two main programs: Birdies for Charity and Tournament Charity Partners. The foundation's efforts contribute to the economic vitality and quality of life in Central Iowa by raising awareness for selected charitable institutions and providing access to the cultural benefits of professional-level golf activities.
Is Golf Charitable Foundation Of Greater Des Moines legitimate?
Golf Charitable Foundation Of Greater Des Moines is a legitimate nonprofit organization registered as a 501(c)(3) entity. Golf Charitable Foundation Of Greater Des Moines 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.
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Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Golf Charitable Foundation Of Greater Des Moines?
The Golf Charitable Foundation of Greater Des Moines serves as the hosting charity for annual golf events, specifically the Principal Charity Classic. Its primary mission is to support the Community Foundation of Greater Des Moines and act as the host organization for charity golf tournaments in the area. Through these events, the foundation raises funds for local charities, contributing significantly to their financial resources. The Principal Charity Classic tournament, held annually, aims to enhance awareness of the selected charitable institutions and provide access to cultural benefits of professional-level golf activities. The tournament generates substantial revenue through donations, sponsorships, and ticket sales, which are then distributed to charities via two main programs: Birdies for Charity and Tournament Charity Partners. In fiscal year 2022, the foundation increased revenue by $211,670 and net ordinary income by $353,610.
Who is the CEO of Golf Charitable Foundation Of Greater Des Moines?
Ken Mccullum is the Chair And Director of Golf Charitable Foundation Of Greater Des Moines.
What is the revenue of Golf Charitable Foundation Of Greater Des Moines?
Golf Charitable Foundation Of Greater Des Moines's revenue in 2022 was $13,955,804.
Who are the executives of Golf Charitable Foundation Of Greater Des Moines and what are their salaries?
- Kristi Knous (Vice-Chair And Director)
- Ken Mccullum (Chair And Director)
- Jo Christine Miles (President And Director)
- Dan Houston (Treasurer And Director)
- Nick Cecere (Director)
- Jim Adrianse (Director)
- Matt Carstens (Director)
- Mary Coffin (Director)
- Greg Edwards (Director)
- Kevin Grimm (Director)
- Lynn Horak (Director)
- Mike Mccoy (Director)
- Suku Radia (Director)
- Brian Sather (Director)
- David Stark (Director)
- Rob Tekolste (Director)
- Rich Willis (Director)
- Kathryn Kunert (Director)
- Tiffany Tauscheck (Secretary And Director)
Where can I find the form 990 for Golf Charitable Foundation Of Greater Des Moines?
The Golf Charitable Foundation Of Greater Des Moines’s most recent form 990 was submitted in 2022 and can be accessed here
Mission Statement of Golf Charitable Foundation Of Greater Des Moines
The Golf Charitable Foundation of Greater Des Moines serves as the hosting charity for the annual Principal Charity Classic golf event. In this role, the organization supports the Community Foundation of Greater Des Moines and acts as the charitable host for one or more golf tournaments in the area.
The foundation's primary mission is to raise funds for Iowa charities. This objective is accomplished through donations, sponsorships, and ticket sales during the Principal Charity Classic tournament. By contributing to the economic vitality of Central Iowa, the tournament heightens awareness of selected charitable institutions and offers access to the cultural benefits of professional-level golf activities.
Each year, the Golf Charitable Foundation of Greater Des Moines distributes the raised funds through two main programs: Birdies for Charity and Tournament Charity Partners. In fiscal year 2022, the foundation saw a significant increase in revenue of $211,670 and a net ordinary income increase of $353,610. These funds are vital in making a difference in the lives of many Iowans by providing essential resources to various charitable organizations.
Impact
This information is meant to be a general summary of Golf Charitable Foundation Of Greater Des Moines. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
The Golf Charitable Foundation Of Greater Des Moines, through its flagship event, the Principal Charity Classic, has a significant impact on the community. By raising funds for Iowa charities primarily through donations and sponsorships, the foundation contributes to the economic vitality and quality of life in Central Iowa. The tournament not only raises substantial funds from private contributions and sponsorships but also provides access to the cultural benefits of professional-level golf activities.
Through programs like Birdies for Charity and Tournament Charity Partners, the foundation distributes these charitable funds to local organizations, furthering their impact on the community. In fiscal year 2022, the foundation increased revenue by $211,670 and net ordinary income by $353,610, demonstrating its growing influence and ability to support philanthropic endeavors in the Greater Des Moines area.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PRINCIPAL CHARITY CLASSIC TOURNAM
Revenue
$7,022,729
Organization Details
Founding Year
2015
Phone
(515) 279-4653
Principal Officer
Ken Mccullum
Main Address
PO BOX 93905, DES MOINES, IA, 503933905
NTEE Category
Code: T19 - Philanthropy
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