2023-10-06T11:22:29-05:00 2022-12-31 366055558 GRANT THORNTON LLP 757 THIRD AVENUE 3RD FLOOR NEW YORK NY 100172013 990 2022-01-01 131427105 UNITED STATES GOLF ASSOCIATION UNIT 9082342300 77 LIBERTY CORNER ROAD LIBERTY CORNER NJ 07938 SUSAN PIKITCH CHIEF FINANCIAL OFFICER 9082342300 2023-10-06 1 SUSAN PIKITCH XXX-XX-XXXX 0 DANIEL ROMANO P00504182 2125990100 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z USGA MICHAEL WHAN 77 LIBERTY CORNER ROAD LIBERTY CORNER NJ 07938 651404387 0 X WWW.USGA.ORG X 1894 DE SEE SCHEDULE O 15 15 444 7300 2878385 1088742 36301587 46136345 127350193 157132567 63211468 17084565 4836649 14546658 231699897 234900135 11160141 9377503 0 0 59366779 58048374 77200 104850 104850 139323334 195663807 209927454 263194534 21772443 -28294399 917892326 791037411 177992898 161012525 739899428 630024886 X THE UNITED STATES GOLF ASSOCIATION CHAMPIONS AND ADVANCES THE GAME OF GOLF. IT SERVES MILLIONS OF GOLFERS AND THOUSANDS OF GOLF COURSES BOTH WITHIN THE UNITED STATES AND AROUND THE WORLD THROUGH PROGRAMS AND SERVICES THAT PROMOTE A THRIVING, WELCOMING AND SUSTAINABLE GAME. 0 0 152728327 824790 145968412 CHAMPIONSHIPS:EXPENSES: $152,728,327 - GRANTS: $824,790 - REVENUE: $133,968,412EVENT INSURANCE PAYMENT:EXPENSES: $0 - GRANTS: $0 - REVENUE: $12,000,000 SEE SCHEDULE OCHAMPIONSHIPS:THE USGA CONDUCTS CHAMPIONSHIPS THAT CELEBRATE ATHLETICISM AT THE HIGHEST LEVEL OF THE GAME FOR BOTH PROFESSIONAL AND AMATEUR PLAYERS AND INSPIRES GOLFERS WORLDWIDE TO PLAY AND ENJOY THE GAME. IT CONDUCTS THE UNITED STATES OPEN, UNITED STATES WOMEN'S OPEN, UNITED STATES SENIOR OPEN, UNITED STATES SENIOR WOMEN'S OPEN CHAMPIONSHIPS AND THE UNITED STATES ADAPTIVE OPEN, WHICH ARE OPEN TO PROFESSIONAL AND AMATEUR GOLFERS AROUND THE WORLD. THE USGA ALSO ANNUALLY CONDUCTS 10 NATIONAL AMATEUR CHAMPIONSHIPS AND SUPPORTS SEVERAL INTERNATIONAL COMPETITIONS. THE USGA PROMOTED THE GAME AT ITS HIGHEST LEVEL THROUGH A VARIETY OF DIFFERENT MEANS INCLUDING NATIONAL AND INTERNATIONAL TELEVISION AND RADIO BROADCASTS, AND DIGITAL AND SOCIAL MEDIA PLATFORMS. ADDITIONALLY, THE USGA SUPPORTS TEAMS FOR SEVERAL INTERNATIONAL AMATEUR GOLF CHAMPIONSHIPS, PROVIDING OPPORTUNITIES FOR AMERICAN ATHLETICS TO COMPETE IN GLOBAL EVENTS.EVENT INSURANCE PAYMENT: THE USGA ALERTED THE EVENT CANCELLATION INSURANCE CARRIER OF ITS INTENTION TO FILE A CLAIM FOR LOSSES ARISING FROM THE RESCHEDULING AND ALTERATION OF THE 2021 U.S. OPEN (INCLUDING THE CANCELLATION OF SPECTATORS AND CORPORATE HOSPITALITY) DUE TO THE COVID-19 PANDEMIC. BASED ON THE VALIDITY OF THE USGA'S CLAIM AND THE ESTIMATED CLAIM TOTAL VALUE, THE INSURANCE CARRIER PAID THE USGA $12,000,000 IN 2022. THESE AMOUNTS HAVE BEEN RECOGNIZED IN THE 2022 FINANCIAL RESULTS, AS THEY MET THE CRITERIA OF THE CONTINGENCY BEING ESTIMABLE AND PROBABLE. 24646968 3048441 13456260 GOLFER ENGAGEMENT SEE SCHEDULE OGOLFER ENGAGEMENT - GHIN, MEMBERS, REGIONAL AFFAIRS THE USGA PROVIDES SERVICES AND OPPORTUNITIES TO MORE DEEPLY ENGAGE GOLFERS IN THE GAME. IT MAINTAINS A ROBUST TECHNOLOGY PLATFORM THAT CALCULATES A HANDICAP INDEX FOR ANY GOLFER IN THE UNITED STATES WHO WISHES TO MEASURE THEIR GOLF ABILITY OR PLAY A FAIR GAME THROUGH A GOLF ASSOCIATION OR CLUB. MILLIONS OF GOLFERS, AS WELL AS GOLF ADMINISTRATORS, SOME INTERNATIONAL GOLFERS IF THEIR FEDERATION IS A CUSTOMER OF THIS USGA SERVICE AND THOSE WHO CONDUCT EVENTS, USE THIS SYSTEM DAILY TO CONNECT WITH THE GOLF COMMUNITY. THIS PLATFORM DELIVERS SERVICES THROUGH TOOLS SUCH AS APPLICATIONS AND ONLINE PROGRAMS TO PROMOTE ACCESSIBILITY AND WELCOME MORE PEOPLE TO GOLF REGARDLESS OF ABILITY. THROUGH ITS GOLF HANDICAP AND INFORMATION NETWORK (GHIN), GOLF ASSOCIATIONS DOMESTICALLY AND INTERNATIONALLY PROVIDE A RELIABLE HANDICAP INDEX TO MILLIONS OF GOLFERS. THE USGA ALSO ENGAGES WITH MORE THAN 300,000 MEMBERS WHOSE FINANCIAL SUPPORT HELPS FUEL MANY OF ITS PROGRAMS, AND OFFER BENEFITS TO THEM INCLUDING EDUCATION OPPORTUNITIES, GOLF EVENT ACCESS, AND OTHERS. THROUGH ITS 58 ALLIED GOLF ASSOCIATIONS IN EVERY STATE IN THE U.S. AND PUERTO RICO, THE USGA ALSO HAS A NETWORK THAT PROVIDES SERVICES LOCALLY TO EVERY GOLF COMMUNITY IN AMERICA. THIS NETWORK DELIVERS KEY USGA SERVICES SUCH AS THE ADMINISTRATION OF GOLF HANDICAPPING, RULES EDUCATION, EVENT DEVELOPMENT AND PROGRAMS THAT WELCOME GOLFERS TO PLAY. USGA REGIONAL AFFAIRS OFFICES SUPPORT THESE NETWORKS WHILE ENGAGING VOLUNTEERS TO SERVE THE GAME. OTHER SERVICES EACH YEAR, THE USGA INVESTS IN A VARIETY OF PROGRAMS AND SERVICES THAT BENEFIT GOLFERS OF ALL AGES, GENDERS AND ABILITIES TO BOTH WELCOME AND GROW THE NUMBER OF GOLFERS WHO PLAY THE GAME AS A RECREATIONAL SPORT. THE USGA SUPPORTS GRASSROOTS GOLF PROGRAMS FOR JUNIORS, INCLUDING THE FIRST TEE, LPGA*USGA GIRLS GOLF AND DRIVE CHIP & PUTT, WHICH PROVIDE ACCESS TO THE GAME FOR HUNDREDS OF THOUSANDS OF JUNIORS ANNUALLY. THE USGA ALSO MAINTAINS THE WORLD'S LARGEST GOLF MUSEUM AND LIBRARY DEDICATED TO THE GAME'S HISTORY AND SERVES AS A STEWARD OF EXTENSIVE HISTORICAL COLLECTIONS, INCLUSIVE OF PRESERVATION AND ACQUISITION OF HISTORIC ARTIFACTS, A RESEARCH CENTER, PHYSICAL AND ONLINE LIBRARY AND EDUCATIONAL PROGRAMS. 9039295 0 2694211 GOVERNANCE SEE SCHEDULE OGOVERNANCE: RULES, HANDICAPPING, EQUIPMENT STANDARDS, DISTANCE.THE USGA SERVES GOLF BY PROVIDING THE STANDARDS BY WHICH ALL GOLFERS PLAY THE GAME THROUGH A UNIVERSAL SET OF PLAYING, EQUIPMENT STANDARDS, AMATEUR STATUS AND HANDICAPPING RULES. THE USGA'S ROLE AS A GOVERNING BODY IS SHARED GLOBALLY WITH THE R&A, AND INCLUDES WRITING AND INTERPRETING THESE RULES, AS WELL AS PROVIDING EDUCATION ASSETS FOR GOLFERS, GOLF ADMINISTRATORS AND GOLF FEDERATIONS. INCLUDED IN THIS FUNCTION IS DELIVERY OF BOTH PRINTED AND DIGITAL LEARNING TOOLS, SEMINARS, AND THE TRAINING OF THOUSANDS OF RULES OFFICIALS THROUGH A SINGULAR TESTING PROCESS. THE USGA MAINTAINS ONE OF TWO GOLF EQUIPMENT TESTING FACILITIES IN THE WORLD TO ENSURE GLOBAL CONFORMANCE AND PROMOTE A FAIR AND EQUITABLE GAME FOR ALL. IN ITS GOVERNANCE ROLE, THE USGA ALSO CONDUCTS RESEARCH AND APPLIES SCIENCE TO ENSURE THE INTEGRITY OF THE SPORT WHILE PROMOTING INNOVATION. 43761453 5504272 5467156 THE USGA GREEN SECTION OFFERS PRODUCTS AND SERVICES THAT DIRECTLY IMPROVE THE GOLFER EXPERIENCE AND ADVANCE GOLF FACILITIES, INCLUDING THE DEVELOPMENT OF MEASUREMENT AND DECISION-MAKING TOOLS. COURSE CONSULTING SERVICES OFFERED TO GOLF COURSES PROVIDE EXPERTISE TO FACILITIES WITH THE PURPOSE OF ADVANCING THEIR GOLF COURSE FACILITY THROUGH AGRONOMICAL, ENVIRONMENTAL AND ECONOMIC BEST PRACTICES. THE GREEN SECTION ALSO PROVIDES EDUCATIONAL RESOURCES ON ISSUES INVOLVING THE GAME THROUGH THE GREEN SECTION RECORD, SPEAKING ENGAGEMENTS, AND CONFERENCES. THROUGH AN ANNUAL INVESTMENT IN AN EXTENSIVE RESEARCH PROGRAM, THE USGA FUNDS PROJECTS THAT IMPROVE THE GOLFER EXPERIENCE WHILE REDUCING GOLF COURSE CONSUMPTION OF KEY RESOURCES. THE USGA DELIVERS ON ITS MISSION TO CHAMPION AND ADVANCE THE GAME THROUGH VARIOUS EFFORTS TO IMPROVE DIVERSITY, EQUITY AND INCLUSION IN GOLF. SEVERAL 2022 PROGRAMS AND INVESTMENTS HAVE FUELED THIS WORK, BEGINNING WITH INTERNAL RECRUITMENT PROGRAMS TO HIRE USGA PART TIME, TEMPORARY AND FULL-TIME STAFF WITHIN DIVERSE COMMUNITIES. THE USGA'S PJ BOATWRIGHT PROGRAM HAS ALSO OPENED MORE THAN 150 PAID INTERNSHIPS IN THE GAME OF GOLF, PROVIDING IN-DEPTH WORK EXPERIENCES FOR PEOPLE OF DIVERSE BACKGROUNDS, AND HAVE INITIATED GRANTS PROGRAMS LIKE THE USGA FIRST TEE IDEA (INCLUSION, DIVERSITY, EQUITY AND ACCESSIBILITY) GRANTS AND LPGA/USGA GIRLS GOLF LOCAL CHAPTER GRANTS TO FUND LOCAL JUNIOR PROGRAMS IN UNDERSERVED COMMUNITIES. THE USGA SUPPORTS PATHWAYS INTERNSHIP, A ONE-WEEK IMMERSIVE TRAINING PROGRAM DURING U.S. OPEN WEEK TO PROVIDE 20 COLLEGIATE AND GRADUATE STUDENTS FROM DIVERSE BACKGROUNDS AN OPPORTUNITY TO EXPLORE THE MANY CAREER PATHWAYS IN GOLF. THE USGA IS ALSO ONE OF THE PRIMARY FUNDING SOURCES FOR MAKE GOLF YOUR THING, A COLLABORATIVE PROGRAM AMONG GOLF'S LEADING ORGANIZATIONS TO OPEN MORE WAYS FOR MINORITIES TO FIND BUSINESS, CAREER AND PLAYING OPPORTUNITIES IN GOLF. CHAMPIONSHIP QUALIFIERS AND GLOBAL COMPETITIONS HAVE ALSO BEEN FUNDED BY THE USGA IN LATIN AMERICA, CENTRAL AMERICA, MEXICO AND ASIAN COMMUNITIES TO INSPIRE MORE PEOPLE TO PLAY. RULES EDUCATION AND TRAINING HAS ALSO BEEN TRANSLATED INTO MULTIPLE LANGUAGES TO SUPPORT MORE GOLF RULES OFFICIALS FROM DIVERSE BACKGROUNDS, WHILE CREATING THE WORLD HANDICAPPING SYSTEM TO ENCOURAGE WORLDWIDE EQUITY AMONG RECREATIONAL GOLFERS. 43761453 5504272 5467156 230176043 1 1 0 0 0 0 0 1 0 1 1 0 0 0 1 1 0 1 0 0 1 1 0 1 0 0 0 1 0 1 1 0 0 0 0 0 0 0 1 0 0 1 1 0 0 0 1 1 1 0 0 1 X 924 0 1 444 1 1 1 1 VI CJ 0 0 0 1 1 0 0 0 0 1 0 X 15 15 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 AL AK AZ AR CA CO CT DE DC FL GA HI ID IL IA KS KY LA ME MD MA MI MN NE NV NH NJ NM NY NC ND OH OK OR PA PR RI SC SD TN TX UT VT VA WA WV WI WY IN X X X JOHN DESMOND 9082342300 77 LIBERTY CORNER ROAD LIBERTY CORNER NJ 07938 J STUART FRANCIS PRESIDENT 10.00 1.00 X X 0 0 0 FRED PERPALL PRESIDENT - ELECT 10.00 0.00 X X 0 0 0 ANTHONY K ANDERSON EXECUTIVE COMMITTEE 10.00 1.00 X 0 0 0 SINCLAIR EADDY EXECUTIVE COMMITTEE 10.00 0.00 X 0 0 0 SHARON RITCHEY EXECUTIVE COMMITTEE 10.00 0.00 X 0 0 0 PAUL G BROWN EXECUTIVE COMMITTEE 10.00 0.00 X 0 0 0 NICK PRICE EXECUTIVE COMMITTEE 10.00 0.00 X 0 0 0 KENDRA GRAHAM EXECUTIVE COMMITTEE 10.00 0.00 X 0 0 0 THOMAS BARKIN EXECUTIVE COMMITTEE 10.00 0.00 X 0 0 0 KEVIN HAMMER EXECUTIVE COMMITTEE 10.00 0.00 X 0 0 0 COURTNEY MYHRUM EXECUTIVE COMMITTEE 10.00 0.00 X 0 0 0 DEBORAH PLATT MAJORAS EXECUTIVE COMMITTEE 10.00 0.00 X 0 0 0 CHUCK BRYMER EXECUTIVE COMMITTEE 10.00 0.00 X 0 0 0 ANTHONY PETITTI EXECUTIVE COMMITTEE 10.00 0.00 X 0 0 0 CATHY ENGELBERT EXECUTIVE COMMITTEE 10.00 1.00 X 0 0 0 MIKE WHAN CEO 60.00 1.00 X 1703585 0 150791 CHRISTOPHER FRASER SECRETARY AND CLO 60.00 1.00 X 689872 0 80910 SUSAN PIKITCH CHIEF FINANCIAL OFFICER 60.00 1.00 X 685551 0 80966 JOHN BODENHAMER CHIEF CHAMPIONSHIPS OFFICE 60.00 0.00 X 838872 0 63859 STEVEN SCHLOSS CHIEF PEOPLE OFFICER (THRU 02/2022) 60.00 0.00 X 614851 0 0 JON PODANY CHIEF COMMERCIAL OFFICER 60.00 0.00 X 511535 0 67859 THOMAS PAGEL CHIEF GOVERNANCE OFFICER 60.00 0.00 X 516242 0 62522 EMILY VON DOEHREN CHIEF MBER SERVICES OFFICER 60.00 0.00 X 428494 0 53266 DENNIS BAGGETT MD - OPEN CHAMPIONSHIPS 60.00 0.00 X 634469 0 65517 REGINALD JONES JR MD, US OPEN 50.00 0.00 X 457624 0 66859 JAMES HILL MD - CHAMPIONSHIPS 60.00 0.00 X 360981 0 89038 MARY LOPUSZYNSKI MD, MERCHANDISE 50.00 0.00 X 400359 0 39554 ANTHONY GRECO MD - FIELD SERVICES 50.00 0.00 X 379849 0 58808 MICHAEL DAVIS FORMER OFFICER 0.00 0.00 X 2305249 0 2250 RANDON JERRIS FORMER KEY EMPLOYEE 0.00 0.00 X 712424 0 2250 CRAIG ANNIS FORMER KEY EMPLOYEE 0.00 0.00 X 134615 0 0 11374572 0 884449 195 1 1 0 ARENA AMERICAS PO BOX 776368 CHICAGO IL 606776368 RENTAL SERVICES 8585295 GOLF GENIUS SOFTWARE LLC PO BOX 425 EXTON PA 19341 IT SOFTWARE 6332238 PRODUCTION ELEMENTS 5777 W PICO BLVD LOS ANGELES CA 90019 CHAMPIONSHIP DECOR 5556980 NBC UNIVERSAL MEDIA LLC 30 ROCKEFELLER PLAZA NEW YORK NY 10112 ADVERTISING 3354309 MSG PROMOTIONS 1120 SOUTH CEDAR CREST BLVD STE ALLENTOWN PA 18103 HOSPITALITY SERVICES 3298313 182 X 11923947 34212398 165000 46136345 CHAMPIONSHIPS 711300 123514940 123514940 GOLFER ENGAGEMENT 711300 13456260 13456260 EVENTS INSURANCE PAYME 900099 12000000 12000000 GOVERNANCE 711300 2694211 2694211 GOLF COURSES AND SUSTA 711300 957891 957891 4509265 3674315 834950 157132567 15068017 62159 15005858 2119833 7923 2111910 405888227 59835 403923001 8513 1965226 51322 2016548 2016548 24999563 12572738 12426825 10453472 1973353 234900135 166751089 2878385 19134316 X 9310755 9310755 66748 66748 6549171 5290700 1258471 3156789 2550189 606600 42283259 32472585 9810674 3067558 2835020 232538 172122 171279 843 2819475 2216444 603031 2544686 15710 2528976 218412 218412 104850 104850 1440504 1440504 25006467 19289696 5716771 6554284 6554284 6327584 6001997 325587 14735407 11075188 3660219 1300968 328714 972254 6438202 6293249 144953 1724019 1362322 361697 990552 990552 4443203 1414094 3029109 3447389 3447389 CHAMPIONSHIP EXPENSES 73250373 73250373 PRIZES AND AWARDS 32500000 32500000 OTHER EXPENSES 8584194 7571744 1012450 CORP. HOSPITALITY MARKE 6157563 6157563 263194534 230176043 32913641 104850 45064172 11088246 464813 466793 855311 3026869 700000 0 704251 571817 14098125 12073134 132356149 56010147 75503363 76346002 754176982 671291012 20144724 4255689 6180585 11917849 917892326 791037411 25416566 27606233 61885048 53706314 44618926 43386507 46072358 36313471 177992898 161012525 X 739899428 630024886 739899428 630024886 917892326 791037411 X -28294399 -92408128 10827985 X 0 1 X 1 0 X 2552093 29148285 29609566 36301587 46136345 143747876 2552093 29148285 29609566 36301587 46136345 143747876 54060563 89687313 3163177 12267174 10544433 19015845 17187850 62178479 563559 0 0 446757 1219132 2229448 208155803 929014098 0.43090 0.40380 X SCHEDULE A, PART II TO BEST REFLECT ITS SOURCES OF SUPPORT DURING TAX YEAR 2022, UNITED STATES GOLF ASSOCIATION ("THE USGA") REPORTED THE PUBLIC SUPPORT TEST CALCULATION UNDER SCHEDULE A, PART II, AS AN ORGANIZATIONS DESCRIBED IN SECTIONS 170(B)(1)(A)(IV) AND 170(B)(1)(A)(VI). RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X X 0 956341 4095000 -364409 0 0 0 4686932 402037 431354 122950 0 0 0 956341 0 402037 0 0 0 0 402037 0 0 0 0 0 0 0 0 0 0 0 0 1.00000 0.00000 0.00000 0 1 1 12928742 12928742 101188863 40862363 60326500 51982 51081 901 13590729 12689063 901666 4595833 2407640 2188193 76346002 DUE TO AFFILIATE 5922552 ACCRUED - 457(B) - DEFERRED COMP 3524833 ACCRUED PENSION 9452056 ACCRUED - RETIREE BENEFITS 17414030 36313471 X PART III, LINE 1A: THE USGA GOLF MUSEUM AND LIBRARY COLLECTION INCLUDES GRAPHICS, PAINTINGS, BOOKS, AND GOLF ARTIFACTS AND MEMORABILIA. THE COLLECTION IS HELD FOR PUBLIC EXHIBITION, EDUCATION, AND RESEARCH. NO VALUE IS ASSIGNED TO THE COLLECTION IN THE ACCOMPANYING CONSOLIDATED STATEMENTS OF FINANCIAL POSITION. PART III, LINE 4: THE USGA GOLF MUSEUM AND LIBRARY MAINTAINS THE WORLD'S LARGEST AND MOST COMPLETE COLLECTION OF GOLF HISTORY. BY COLLECTING, PRESERVING AND INTERPRETING THE HISTORICAL DEVELOPMENTS OF THE GAME IN THE UNITED STATES, WITH AN EMPHASIS ON THE USGA AND ITS CHAMPIONSHIPS, THE MUSEUM PROMOTES A GREATER UNDERSTANDING OF GOLF'S CULTURAL SIGNIFICANCE FOR A WORLDWIDE AUDIENCE. THE MUSEUM SPONSORS A RICH ARRAY OF PROGRAMS DESIGNED TO EDUCATE AND INSPIRE THE PUBLIC ABOUT THE HISTORY OF GOLF AND THE USGA'S ROLE IN THE GAME'S DEVELOPMENT. THE MUSEUM OFFERS A WIDE VARIETY OF PROGRAMMING TO SUIT AUDIENCES OF ALL AGES. ARTIFACTS FROM THE COLLECTION TRAVEL ACROSS THE COUNTRY, AS WELL AS INTERNATIONALLY, TO USGA CHAMPIONSHIP SITES, MEMBER CLUBS, AND NATIONAL AND LOCAL MUSEUMS AND LIBRARIES. A COMPREHENSIVE ONLINE PORTAL ENABLES PHOTOS, VIDEOS AND OTHER HISTORICAL CONTENT TO BE SHARED WITH A WORLDWIDE AUDIENCE AND USED FOR EDUCATIONAL PURPOSES. PART V, LINE 4: ENDOWMENT FUNDS THE INTENDED USE OF THE ORGANIZATION'S ENDOWMENT FUNDS IS TO DEVELOP, SUPPORT AND EXTEND THE PROGRAMS AND ACTIVITIES OF UNITED STATES GOLF ASSOCIATION. PART X, LINE 2: USGA HAS BEEN RECOGNIZED AS A PUBLIC CHARITY GENERALLY EXEMPT FROM FEDERAL INCOME TAXATION UNDER PROVISIONS OF SECTION 501(A) AS DESCRIBED IN SECTION 501(C)(3) OF THE CODE OF 1986, AS AMENDED. USGA IS SUBJECT TO TAX ON INCOME UNRELATED TO ITS EXEMPT PURPOSE, UNLESS THAT INCOME IS OTHERWISE EXCLUDED BY THE CODE. USGA HAS PROCESSES PRESENTLY IN PLACE TO ENSURE THE MAINTENANCE OF ITS TAX-EXEMPT STATUS; TO IDENTIFY AND REPORT UNRELATED INCOME; TO DETERMINE ITS FILING AND TAX OBLIGATIONS IN JURISDICTIONS FOR WHICH IT HAS NEXUS; AND, TO IDENTIFY AND EVALUATE OTHER MATTERS THAT MAY BE CONSIDERED TAX POSITIONS. USGA FOLLOWS GUIDANCE THAT CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN, INCLUDING ISSUES RELATING TO FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT. THIS GUIDANCE PROVIDES THAT THE INCOME TAX EFFECTS FROM AN UNCERTAIN TAX POSITION CAN ONLY BE RECOGNIZED IN THE FINANCIAL STATEMENTS IF THE POSITION IS "MORE LIKELY THAN NOT" TO BE SUSTAINED IF THE POSITION WERE TO BE CHALLENGED BY A TAXING AUTHORITY. THE ASSESSMENT OF THE TAX POSITION IS BASED SOLELY ON THE TECHNICAL MERITS OF THE POSITION, WITHOUT REGARD TO THE LIKELIHOOD THAT THE TAX POSITION MAY BE CHALLENGED. 1 NORTH AMERICA 0 0 PROGRAM SERVICES TORONTO GGA & U OF GUELPH 1877 NORTH AMERICA 0 0 PROGRAM SERVICES WOMEN'S AM 4BALL 19907 NORTH AMERICA 0 0 PROGRAM SERVICES LATIN AMERICA AMATEUR 2397 NORTH AMERICA 0 0 PROGRAM SERVICES COURSE CONSULTING SERVICES 5464 NORTH AMERICA 0 0 PROGRAM SERVICES FMG CHAMPIONSHIP SUPPORT 5001 NORTH AMERICA 0 0 GRANTMAKING BOATWRIGHT GRANTS 24000 CENTRAL AMERICA AND THE CARRIBEAN 0 0 PROGRAM SERVICES 2022 CARIBBEAN GOLF CLASSIC 325 CENTRAL AMERICA AND THE CARRIBEAN 0 0 PROGRAM SERVICES LATIN AMERICA AMATEUR 4448 CENTRAL AMERICA AND THE CARRIBEAN 0 0 PROGRAM SERVICES PGA TOUR - BERMUDA CHAMP 3960 CENTRAL AMERICA AND THE CARRIBEAN 0 0 GRANTMAKING GHIN SUBSIDY 29881 EAST ASIA AND THE PACIFIC 0 0 PROGRAM SERVICES COURSE CONSULTING SERVICES 10061 EAST ASIA AND THE PACIFIC 0 0 PROGRAM SERVICES QUALIFYING 166807 EAST ASIA AND THE PACIFIC 0 0 GRANTMAKING GHIN SUBSIDY 4376 EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 PROGRAM SERVICES MEETINGS WITH THE R&A 20767 EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 PROGRAM SERVICES BRITISH OPEN 15365 EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 PROGRAM SERVICES WORLD HANDICAPPING SYSTEM MEETINGS 11713 EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 PROGRAM SERVICES BROADCAST MEETINGS 7685 EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 PROGRAM SERVICES WORLD AMATEUR TEAM CHAMPIONSHIP 44165 EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 PROGRAM SERVICES JRC MEETING 16478 EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 PROGRAM SERVICES PALMER CUP/LPGA 2427 EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 PROGRAM SERVICES LADIES EUROPEAN TOUR 35884 MIDDLE EAST AND NORTH AFRICA 0 0 GRANTMAKING GHIN SUBSIDY 8000 SOUTH ASIA 0 0 GRANTMAKING GHIN SUBSIDY 491 CENTRAL AMERICA & THE CARIBBEAN 0 0 FOREIGN INVESTMENTS 661617 0 0 0 0 0 0 63419 1039677 1103096 NORTH AMERICA INTERNSHIP 12000 WIRE 0 NORTH AMERICA INTERNSHIP 12000 WIRE 0 CENTRAL AMERICA & THE CARIBBEAN SUBSIDY 5573 WIRE 0 MIDDLE EAST AND NORTH AFRICA SUBSIDY 5500 WIRE 0 CENTRAL AMERICA & THE CARIBBEAN SUBSIDY 5661 WIRE 0 5 0 1 0 1 1 1 1 PART III ACCOUNTING METHOD: FORM 990, SCHEDULE F, PART I, LINE 2 THE USGA PROVIDES A LIMITED NUMBER OF GRANTS TO ORGANIZATIONS OUTSIDE THE UNITED STATES, AND SUCH CASES TYPICALLY PROVIDE ASSISTANCE IN TIMES OF NEED OR CRISIS. SUCH GRANTS ARE APPROVED BY THE EXECUTIVE COMMITTEE, AND/OR SUB-COMMITTEE. STAFF MONITORS THE USE OF THE FUNDS TO ENSURE THAT THE GRANTS ARE SPENT FOR PROPER PURPOSES AND ARE NOT OTHERWISE DIVERTED FROM INTENDED USE. MONITORING MAY INCLUDE FORMAL PERIODIC REPORTS FROM THE ORGANIZATION OR INFORMAL REPORTS, DEPENDING ON THE NATURE OF THE GRANT AND THE ORGANIZATION IT WAS DISTRIBUTED TO. UNSPENT FUNDS MUST BE RETURNED TO THE USGA. FORM 990, SCHEDULE F, PART I, LINE 3 THE USGA OWNS SHARES OF INVESTMENT FUNDS IN THE CAYMAN ISLANDS AND IN THE BRITISH VIRGIN ISLANDS. FEDERAL FINCEN FORM HAS BEEN FILED TO REPORT BALANCES IN THESE INVESTMENT ACCOUNTS. IN ADDITION, UNITED STATES GOLF ASSOCIATION INVESTS IN DOMESTIC AND FOREIGN INVESTMENT VEHICLES THAT MAY OWN AN INTEREST IN A FOREIGN CORPORATION, PASSIVE FOREIGN INVESTMENT COMPANY, OR FOREIGN PARTNERSHIP. NEVERTHELESS, UNITED STATES GOLF ASSOCIATION'S ACTIVITIES MAY NOT REACH THE THRESHOLDS REQUIRED FOR FILING THE FORMS 926, 5471, 8621 OR 8865. TO THE EXTENT SUCH A FORM WAS COMPLETED, IT HAS BEEN FILED WITH USGA'S FORM 990-T. FORM 990, SCHEDULE F, PART II THE USGA PROVIDES GRANTS TO FURTHER ITS MISSION TO CHAMPION AND ADVANCE THE GAME. MANY OF THESE PROGRAMS SUPPORT JUNIORS AND GOLFERS WITH DISABILITIES THROUGHOUT THE UNITED STATES THROUGH LOCAL CHAPTER GRANTS THROUGH A NATIONAL ASSOCIATION. THE USGA ALSO PROVIDES GRANTS TO STATE AND REGIONAL ASSOCIATIONS TO FINANCE PAID INTERNSHIPS FOR THOSE WHO ARE PURSUING A CAREER IN GOLF ADMINISTRATION. THE USGA PROVIDES GRANTS TO COLLEGES AND UNIVERSITIES TO FINANCE TURFGRASS RESEARCH AND ENVIRONMENTAL RESEARCH THAT MAY BENEFIT GOLF COURSES IN REDUCING CONSUMPTION OF KEY RESOURCES SUCH AS WATER AND MANAGING COSTS RELATED TO LABOR AND TURF MAINTENANCE. IN ALL CASES, STAFF MEMBERS MONITOR THE USE OF FUNDS TO ENSURE THAT THE GRANTS ARE SPENT FOR THE PROPER PURPOSES AND ARE NOT OTHERWISE DIVERTED FROM INTENDED USE. IN SOME CASES, A THOROUGH APPLICATION MUST BE SUBMITTED IN ORDER TO RECEIVE CONSIDERATION FOR FUNDING. MONITORING NORMALLY INCLUDES FORMAL PERIODIC REPORTS FROM THE RECIPIENT ORGANIZATION, DETAILING PROGRAM PROGRESS AND USE OF FUNDS. MONITORING CAN ALSO INCLUDE INFORMAL REPORTS, DEPENDING ON THE NATURE OF THE GRANT AND THE ORGANIZATION IT WAS DISTRIBUTED TO. FOR EXAMPLE, GRANTS DISTRIBUTED TO PROGRAMS FOR JUNIORS AND GOLFERS WITH DISABILITIES TYPICALLY REQUIRE THE RECIPIENT ORGANIZATION TO COMPLETE A FORMAL ASSESSMENT REPORT THAT INCLUDES INFORMATION ABOUT PROGRAM OUTCOMES, FINANCIAL COMPLIANCE, PARTICIPANT STATISTICS, PROGRAM SCHEDULE, INSTRUCTION PROVIDED, AND FOLLOW-UP SUPPORT. SUCH INFORMATION IS SUBJECT TO AUDIT, AT THE USGA'S SOLE DISCRETION. IN ALL CASES, UNSPENT FUNDS MUST BE RETURNED TO USGA. GRANTS TO STATE AND REGIONAL ASSOCIATIONS FOR GOLF ADMINISTRATION INTERNSHIPS TYPICALLY REQUIRE THE RECIPIENT ORGANIZATION TO COMPLETE A REPORT DESCRIBING THE INTERNSHIP ACTIVITIES AND ACCOMPLISHMENTS, AND ACCOUNT FOR ALL INTERNSHIP SALARY PAYMENTS. ADDITIONALLY, THE INTERN IS REQUIRED TO COMPLETE AN EVALUATION ON THE INTERNSHIP RESPONSIBILITIES AND CONFIRM THE DURATION OF THEIR EMPLOYMENT. THE UNSPENT FUNDS RELATED TO INTERNSHIPS MUST BE RETURNED TO THE USGA. GRANTS TO COLLEGES AND UNIVERSITIES FOR TURF GRASS AND ENVIRONMENTAL RESEARCH TYPICALLY REQUIRE THE RECIPIENT ORGANIZATION TO COMPLETE A REPORT DESCRIBING IN DETAIL THE RESULTS OF THE RESEARCH, AND ACCOUNT FOR ALL FUNDS SPENT. THE USGA PROVIDES GRANTS TO ALLIED GOLF ASSOCIATIONS TO ASSIST OPERATING TOURNAMENT MANAGEMENT SOFTWARE IN SUPPORT OF PROVIDING CLUBS AND GOLFERS WITH A TECHNOLOGY SOLUTION TO OPERATE EVENTS AT A LOCAL AND NATIONAL LEVEL. THE USGA RECEIVES AND REVIEWS THE EXPENSES PRIOR TO FUNDING THE AGA'S. THE AMOUNT PROVIDED BY THE USGA IS LESS THAN THE ACTUAL EXPENSE TO THE AGA'S, THEREFORE NO REFUNDS ARE EXPECTED. X X X X 1 EIDOLON COMMUNICATIONS INC 15 MAIDEN LANE SUITE 1401 NEW YORK NY 10038 FUNDRAISING CONSULTANT 0 0 104850 -104850 104850 -104850 AL AK AZ AR CA CO CT DE FL GA HI ID IL IN IA KS KY LA ME MD MA MI MN MS MO MT NE NV NH NJ NM NY NC ND OH OK OR PA RI SC SD TN TX UT VT VA WA WV WI WY DC PR THE USGA MEMBERS PROGRAM COLLECTS DUES, A PORTION OF WHICH IS RECOGNIZED AS CONTRIBUTIONS. EIDOLON COMMUNICATIONS INC. PROVIDES ADVICE ONLY WITH RESPECT TO MARKETING STRATEGIES AND THE DESIGN OF MEMBERSHIP SOLICITATIONS FOR THE USGA MEMBERS PROGRAM. EIDOLON COMMUNICATIONS INC. PROVIDES ADVICE ONLY FOR THE SOLICITATION OF MEMBERSHIPS FOR THE USGA MEMBERS PROGRAM. GROSS RECEIPTS SPECIFICALLY ATTRIBUTABLE TO THEIR ADVICE CANNOT BE CALCULATED. THEREFORE, NO GROSS RECEIPTS HAVE BEEN REPORTED. EIDOLON COMMUNICATIONS INC. ARE USED FOR CONSULTING BUT DO NOT FUNDRAISE ON BEHALF OF THE USGA. 1 ALABAMA GOLF ASSOCIATION 3041 LORNA ROAD HOOVER AL 35216 630809785 501(C)(3) 53830 0 INTERNSHIP/SUBSIDY ALASKA GOLF ASSOCIATION PO BOX 91668 ANCHORAGE AK 99509 920136766 501(C)(7) 19153 0 INTERNSHIP/SUBSIDY AMERICAN JUNIOR GOLF ASSOCIATION 1980 SPORTS CLUB DRIVE BRASELTON GA 30517 581433914 501(C)(7) 25000 0 JUNIOR ARIZONA ALLIANCE FOR GOLF 2801 E CAMELBACK ROAD STE 200 PHOENIX AZ 85016 871361275 501(C)(6) 25000 0 TURFGRASS GRANTS ARIZONA GOLF ASSOCIATION 7600 E REDFIELD RD SUITE 130 SCOTTSDALE AZ 85260 860214071 501(C)(4) 144725 0 INTERNSHIP/SUBSIDY ARKANSAS STATE GOLF ASSOCIATION 3 EAGLE HILL COURT SUITE B LITTLE ROCK AR 72210 710470120 501(C)(3) 35708 0 INTERNSHIP/SUBSIDY AUBURN UNIVERSITY 253 FUNCHESS HALL DEPARTMENT OF AGRONOMY SOILS AUBURN AL 36849 636000724 115(A) 36215 0 TURFGRASS GRANTS CALIFORNIA TURFGRASS AND LANDSCAPE FND 809 TIVERTON CT SAN DIMAS CA 91773 452709093 501(C)(3) 50000 0 TURFGRASS GRANTS CAROLINAS GOLF ASSOCIATION 140 RIDGE ROAD SOUTHERN PINES NC 28387 560509290 501(C)(3) 238847 0 INTERNSHIP/SUBSIDY CENTRAL LINKS GOLF 8330 MELROSE DRIVE LENEXA KS 66214 440642880 501(C)(4) 85383 0 SUBSIDY CHICAGO DISTRICT GOLF ASSOCIATION 11855 ARCHER AVENUE LEMONT IL 60439 360898927 501(C)(4) 58569 0 INTERNSHIP/SUBSIDY COLORADO GOLF ASSOCIATION SUITE 102 5990 GREENWOOD PLAZA BLVD GREENWOOD VILLAGE CO 801114749 841248840 501(C)(3) 139520 0 INTERNSHIP/SUBSIDY COLORADO STATE UNIVERSITY FOUNDATION CASHIERS OFFICE JOHNSON HALL FORT COLLINS CO 80523 237098397 501(C)(3) 16500 0 IRRIGATION INNOVATION CONSORTIUM CONNECTICUT STATE GOLF ASSOCIATION SUITE 212 35 COLD SPRING ROAD ROCKY HILL CT 06067 222587856 501(C)(6) 69913 0 INTERNSHIP/SUBSIDY FLORIDA STATE GOLF ASSOCIATION 12630 TELECOM DRIVE TAMPA FL 336370935 592171378 501(C)(3) 372457 0 INTERNSHIP/SUBSIDY GEORGIA STATE GOLF ASSOCIATION NORTHSIDE DRIVE NW STE 200 ATLANTA GA 30305 581145042 501(C)(3) 136199 0 INTERNSHIP/SUBSIDY GOLF ASSOCIATION OF MICHIGAN 39255 COUNTRY CLUB DRIVE SUITE B-40 FARMINGTON HILLS MI 48331 386105801 501(C)(6) 111481 0 INTERNSHIP/SUBSIDY GOLF ASSOCIATION OF PHILADELPHIA 1974 SPROUL ROAD SUITE 400 BROOMALL PA 19008 231303024 501(C)(7) 175203 0 INTERNSHIP/SUBSIDY GOLF COURSE SUPERINTENDENTS ASSOCIATION OF AMERICA 1421 RESEARCH PARK DR LAWRENCE KS 66049 590874226 501(C)(3) 127000 0 GCSAA CONFERENCE & TRADE SHOW GRASS GREEN BUILDING FUND GREATER CINCINNATI GOLF ASSOCIATION 9200 MONTGOMERY RD STE 24B CINCINNATI OH 452427794 316051373 501(C)(7) 40921 0 INTERNSHIP/SUBSIDY GUAM NATIONAL GOLF FEDERATION 809 CHALAN PASAHERU UNIT 1 TAMUNING GQ 96913 660523185 8786 0 SUBSIDY HAWAII STATE GOLF ASSOCIATION 98-025 HEKAHA ST BLDG 2 UNIT 204A AIEA HI 96701 990238385 501(C)(7) 48427 0 INTERNSHIP/SUBSIDY IDAHO GOLF ASSOCIATION PO BOX 9958 BOISE ID 837073958 237024930 501(C)(7) 53993 0 INTERNSHIP/SUBSIDY INDIANA GOLF ASSOCIATION PO BOX 26159 INDIANAPOLIS IN 46226 352015534 501(C)(6) 42423 0 INTERNSHIP/SUBSIDY IOWA GOLF ASSOCIATION 1605 N ANKENY BLVD SUITE 210 ANKENY IA 50023 421203480 501(C)(4) 54186 0 INTERNSHIP/SUBSIDY KANSAS STATE UNIVERSITY 10 ANDERSON HALL MANHATTAN KS 66506 480771751 115(A) 24179 0 TURFGRASS GRANTS KENTUCKY GOLF ASSOCIATION 1116 ELMORE JUST DRIVE LOUISVILLE KY 40245 237150508 501(C)(6) 52108 0 INTERNSHIP/SUBSIDY LOUISIANA GOLF ASSOCIATION 1003 HUGH WALLIS ROAD S SUITE A-2 LAFAYETTE LA 70508 726035874 501(C)(4) 54560 0 INTERNSHIP/SUBSIDY LPGA FOUNDATION 100 INTERNATIONAL GOLF DRIVE DAYTONA BEACH FL 32124 593085528 501(C)(3) 480000 0 JUNIOR MAINE STATE GOLF ASSOCIATION 58 VAL HALLA ROAD CUMBERLAND ME 04021 010488811 501(C)(4) 53343 0 INTERNSHIP/SUBSIDY MARYLAND STATE GOLF ASSOCIATION 10455 FALLS ROAD LUTHERVILLE MD 21093 521326177 501(C)(3) 63970 0 INTERNSHIP/SUBSIDY MASSACHUSETTS GOLF ASSOCIATION 300 ARNOLD PALMER BOULEVARD NORTON MA 02766 042487562 501(C)(3) 165861 0 INTERNSHIP/SUBSIDY MASTERS TOURNAMENT FOUNDATION INC DBA LATIN AMERICA AMATEUR CHAMPIONSHIP PO BOX 2444 AUGUSTA GA 30903 274452110 501(C)(6) 326718 0 JUNIOR METROPOLITAN AMATEUR GOLF ASSOCIATION 11724 LACKLAND INDUSTRIAL DRIVE ST LOUIS MO 63146 431631448 501(C)(4) 51758 0 INTERNSHIP/SUBSIDY METROPOLITAN GOLF ASSOCIATION 49 KNOLLWOOD ROAD ELMSFORD NY 10523 133637689 501(C)(6) 183202 0 INTERNSHIP/SUBSIDY MIAMI VALLEY GOLF ASSOCIATION 263 REGENCY RIDGE DRIVE DAYTON OH 45459 311437550 501(C)(4) 29042 0 INTERNSHIP/SUBSIDY MICHIGAN STATE UNIVERSITY HANNAH BLDG-426 AUDITORIUM RD ROOM E LANSING MI 48824 386005984 115(A) 29400 0 TURFGRASS GRANTS MINNESOTA GOLF ASSOCIATION SUITE 211 6550 YORK AVENUE SOUTH EDINA MN 55435 510152269 501(C)(6) 116471 0 INTERNSHIP/SUBSIDY MISSISSIPPI GOLF ASSOCIATION 400 CLUBHOUSE DRIVE PEARL MS 39208 630977191 501(C)(4) 32989 0 INTERNSHIP/SUBSIDY MISSOURI GOLF ASSOCIATION PO BOX 104164 JEFFERSON CITY MO 65110 630977191 501(C)(4) 47333 0 INTERNSHIP/SUBSIDY MONTANA STATE GOLF ASSOCIATION BOX 4306 HELENA MT 59604 237025168 501(C)(4) 30156 0 INTERNSHIP/SUBSIDY NATIONAL TURFGRASS EVALUATION PROGRAM BARC-WEST BUILDING 005 NO 307 BELTSVILLE MD 20705 521744502 501(C)(3) 40000 0 TURFGRASS GRANTS NATIONAL TURFGRASS FEDERATION BARC-WEST BUILDING 005 NO 307 BELTSVILLE MD 20705 320218619 501(C)(6) 40000 0 TURFGRASS GRANTS NEBRASKA GOLF ASSOCIATION 6618 SOUTH 118TH STREET OMAHA NE 68137 237073030 501(C)(7) 60172 0 INTERNSHIP/SUBSIDY NEW HAMPSHIRE GOLF ASSOCIATION 56 SOUTH STATE STREET PO BOX 2348 CONCORD NH 03301 020361092 501(C)(6) 54438 0 INTERNSHIP/SUBSIDY NEW JERSEY STATE GOLF ASSOCIATION 3 GOLF DRIVE SUITE 206 KENILWORTH NJ 07033 226046575 501(C)(6) 73957 0 INTERNSHIP/SUBSIDY NEW MEXICO STATE UNIVERSITY DEPT OF EXTENSION PLANT SCIENCES N230 SKEEN HALL LAS CRUCES NM 88003 521647582 115(A) 118554 0 TURFGRASS GRANTS NEW YORK STATE GOLF ASSOCIATION 4933 JAMESVILLE ROAD JAMESVILLE NY 13078 160866643 501(C)(4) 61407 0 INTERNSHIP/SUBSIDY NORTH CAROLINA STATE UNIVERSITY CAMPUS BOX 7214 2701 SULLIVAN DR RALEIGH NC 276957214 566000756 115(A) 25000 0 TURFGRASS GRANTS NORTH DAKOTA GOLF ASSOCIATION 725 RIVERWOOD DRIVE BISMARCK ND 58504 456023238 501(C)(6) 24249 0 INTERNSHIP/SUBSIDY NORTH DAKOTA STATE UNIVERSITY NDSU DEPT 3100 PO BOX 6050 FARGO ND 581086050 456002439 115(A) 7916 0 TURFGRASS GRANTS NORTHERN CALIFORNIA GOLF ASSOCIATION PO BOX NCGA PEBBLE BEACH CA 93953 941371594 501(C)(6) 247037 0 INTERNSHIP/SUBSIDY NORTHERN NEVADA GOLF ASSOCIATION 18124 WEDGE PKWY 250 RENO NV 89511 943048863 501(C)(4) 24865 0 INTERNSHIP/SUBSIDY NORTHERN OHIO GOLF ASSOCIATION ONE GOLFVIEW LANE NORTH OLMSTED OH 44070 340149890 501(C)(6) 64903 0 INTERNSHIP/SUBSIDY OHIO GOLF ASSOCIATION 4354 TULLER ROAD DUBLIN OH 43017 311080373 501(C)(7) 34670 0 INTERNSHIP/SUBSIDY OKLAHOMA GOLF ASSOCIATION 2800 COLTRANE PLACE SUITE 2 EDMOND OK 73034 260074714 501(C)(4) 32067 0 INTERNSHIP/SUBSIDY OKLAHOMA STATE UNIVERSITY PO BOX 645 STILLWATER OK 74076 731383996 115(A) 86387 0 TURFGRASS GRANTS OREGON GOLF ASSOCIATION 2840 HAZELNUT DRIVE WOODBURN OR 97071 232743830 501(C)(6) 90693 0 INTERNSHIP/SUBSIDY OREGON STATE UNIVERSITY A312 KERR ADMIN BLDG CORVALLIS OR 973392140 481278540 115(A) 20000 0 TURFGRASS GRANTS PUERTO RICO GOLF ASSOCIATION PARADISE COMMERCIAL CENTER AVE MATADERO 264 SUITE 11 SAN JUAN PR 00920 660276473 501(C)(3) 15311 0 INTERNSHIP/SUBSIDY PURDUE UNIVERSITY 625 AGRICULTURE MALL DRIVE WEST LAFAYETTE IN 479072010 356002041 115(A) 62696 0 TURFGRASS GRANTS REGENTS OF THE UNIVERSITY OF MINNESOTA NW 5957 PO BOX 1450 MINNEAPOLIS MN 554855957 416007513 115(A) 55238 0 TURFGRASS GRANTS RHODE ISLAND GOLF ASSOCIATION ONE BUTTONHOLE DRIVE SUITE 2 PROVIDENCE RI 02909 222500471 501(C)(4) 34611 0 INTERNSHIP/SUBSIDY ROCHESTER DISTRICT GOLF ASSOCIATION 2024 W HENRIETTA RD STE 5H ROCHESTER NY 14623 161218400 501(C)(6) 26202 0 INTERNSHIP/SUBSIDY RUTGERS THE STATE UNIVERSITY OF NEW JERSEY 33 KNIGHTSBRIDGE RD 2ND FL PISCATAWAY NJ 08854 226001086 115(A) 270133 0 TURFGRASS GRANTS SCGA FOUNDATION 3740 CAHUENGA BVLD STUDIO CITY CA 916043502 953858373 501(C)(6) 1245075 0 INTERNSHIP/SUBSIDY SOUTH DAKOTA GOLF ASSOCIATION 2040 W RUSSELL ST SIOUX FALLS SD 57104 460310847 501(C)(4) 39518 0 INTERNSHIP/SUBSIDY SOUTHERN NEVADA GOLF ASSOCIATION 8010 WEST SAHARA AVENUE SUITE 160 LAS VEGAS NV 89117 943045381 501(C)(4) 44556 0 INTERNSHIP/SUBSIDY SUN COUNTRY AMATEUR GOLF ASSOCIATION 2316 SOUTHERN BLVD SUITE D RIO RANCHO NM 87124 850225091 501(C)(7) 41134 0 INTERNSHIP/SUBSIDY TENNESSEE GOLF ASSOCIATION 400 FRANKLIN ROAD FRANKLIN TN 37069 621049477 501(C)(4) 73360 0 INTERNSHIP/SUBSIDY TEXAS A&M AGRILIFE EXTENSION 600 JOHN KIMBROUGH BLVD STE 509 COLLEGE STATION TX 77843 746000541 501(C)(3) 6896 0 TURFGRASS GRANTS TEXAS A&M AGRILIFE RESEARCH 600 JOHN KIMBROUGH BLVD STE 512 COLLEGE STATION TX 77843 741238434 501(C)(3) 147639 0 TURFGRASS GRANTS TEXAS GOLF ASSOCIATION 16200 ADDISON ROAD SUITE 150 ADDISON TX 75001 750715222 501(C)(4) 213411 0 INTERNSHIP/SUBSIDY THE FIRST TEE 13000 SAWGRASS VILLAGE CIRCLE BUILDING 4 PONTE VEDRA BEACH FL 32082 592998925 501(C)(3) 650000 0 JUNIORS UNIVERSITY OF DELAWARE 220 HULLIHEN HALL NEWARK DE 19716 516000297 115(A) 23239 0 TURFGRASS GRANTS UNIVERSITY OF FLORIDA PO BOX 113001 33 TIGERT HALL GAINESVILLE FL 326113001 596002052 115(A) 110662 0 TURFGRASS GRANTS UNIVERSITY OF GEORGIA-TIFTON 2360 RAINWATER RD TIFTON GA 31793 586001998 115(A) 9500 0 TURFGRASS GRANTS UNIVERSITY OF NEBRASKA-LINCOLN 2200 VINE ST LINCOLN NE 68583 470049123 115(A) 84005 0 TURFGRASS GRANTS UNIVERSITY OF TENNESSEE 2621 MORGAN CIRCLE 103 MORGAN HALL KNOXVILLE TN 379964506 626001636 115(A) 33060 0 TURFGRASS GRANTS UNIVERSITY OF WISCONSIN 21 N PARK ST SUITE 6301 MADISON WI 537151218 396006492 115(A) 48861 0 TURFGRASS GRANTS USA GOLF FEDERATION INC 5150 PALM VALLEY RD STE 300 PONTE VEDRA BEACH FL 32082 454319643 501(C)(3) 12500 0 JUNIORS UTAH GOLF ASSOCIATION 4444 S 700 E SUITE 105 SALT LAKE CITY UT 84107 870271572 501(C)(7) 67835 0 INTERNSHIP/SUBSIDY VERMONT GOLF ASSOCIATION 145 PINE HAVEN SHORES RD STE 2172 SHELBURNE VT 05482 030289304 501(C)(7) 26855 0 INTERNSHIP/SUBSIDY VIRGINIA POLYTECHNIC INST & STATE UNIVERSITY 300 TURNER ST NW STE 4200 BLACKSBURG VA 24061 736017987 115(A) 35965 0 TURFGRASS GRANTS VIRGINIA STATE GOLF ASSOCIATION 2400 DOVERCOURT DRIVE MIDLOTHIAN VA 23113 540736931 501(C)(4) 111069 0 INTERNSHIP/SUBSIDY WASHINGTON GOLF 1010 SOUTH 336TH ST SUITE 310 FEDERAL WAY WA 98003 911432298 501(C)(4) 104437 0 INTERNSHIP/SUBSIDY WASHINGTON STATE UNIVERSITY PO BOX 641025 PULLMAN WA 991641025 916001108 115(A) 55468 0 TURFGRASS GRANTS WEST VIRGINIA GOLF ASSOCIATION 2115 CHARLESTON TOWN CENTER CHARLESTON WV 25389 550592904 501(C)(4) 49042 0 INTERNSHIP/SUBSIDY WESTERN PENNSYLVANIA GOLF ASSOCIATION 930 N LINCOLN AVE PITTSBURGH PA 15233 250992795 501(C)(6) 53800 0 INTERNSHIP/SUBSIDY WISCONSIN STATE GOLF ASSOCIATION 11350 W THEO TRECKER WAY WEST ALLIS WI 53214 391092159 501(C)(6) 59624 0 INTERNSHIP/SUBSIDY WYOMING STATE GOLF ASSOCIATION 1779 EAGLE CREST COURT LARAMIE WY 82072 742445131 501(C)(4) 23460 0 INTERNSHIP/SUBSIDY 37 54 SCHEDULE I, PART IV THE USGA PROVIDES GRANTS TO FURTHER ITS MISSION TO CHAMPION AND ADVANCE THE GAME. MANY OF THESE PROGRAMS SUPPORT JUNIORS AND GOLFERS WITH DISABILITIES THROUGHOUT THE UNITED STATES THROUGH LOCAL CHAPTER GRANTS THROUGH A NATIONAL ASSOCIATION. THE USGA ALSO PROVIDES GRANTS TO STATE AND REGIONAL ASSOCIATIONS TO FINANCE PAID INTERNSHIPS FOR THOSE WHO ARE PURSUING A CAREER IN GOLF ADMINISTRATION. THE USGA PROVIDES GRANTS TO COLLEGES AND UNIVERSITIES TO FINANCE TURFGRASS RESEARCH AND ENVIRONMENTAL RESEARCH THAT MAY BENEFIT GOLF COURSES IN REDUCING CONSUMPTION OF KEY RESOURCES SUCH AS WATER AND MANAGING COSTS RELATED TO LABOR AND TURF MAINTENANCE. IN ALL CASES, STAFF MEMBERS MONITOR THE USE OF FUNDS TO ENSURE THAT THE GRANTS ARE SPENT FOR THE PROPER PURPOSES AND ARE NOT OTHERWISE DIVERTED FROM INTENDED USE. IN SOME CASES, A THOROUGH APPLICATION MUST BE SUBMITTED IN ORDER TO RECEIVE CONSIDERATION FOR FUNDING. MONITORING NORMALLY INCLUDES FORMAL PERIODIC REPORTS FROM THE RECIPIENT ORGANIZATION, DETAILING PROGRAM PROGRESS AND USE OF FUNDS. MONITORING CAN ALSO INCLUDE INFORMAL REPORTS, DEPENDING ON THE NATURE OF THE GRANT AND THE ORGANIZATION IT WAS DISTRIBUTED TO. FOR EXAMPLE, GRANTS DISTRIBUTED TO PROGRAMS FOR JUNIORS AND GOLFERS WITH DISABILITIES TYPICALLY REQUIRE THE RECIPIENT ORGANIZATION TO COMPLETE A FORMAL ASSESSMENT REPORT THAT INCLUDES INFORMATION ABOUT PROGRAM OUTCOMES, FINANCIAL COMPLIANCE, PARTICIPANT STATISTICS, PROGRAM SCHEDULE, INSTRUCTION PROVIDED, AND FOLLOW-UP SUPPORT. SUCH INFORMATION IS SUBJECT TO AUDIT, AT THE USGA'S SOLE DISCRETION. IN ALL CASES, UNSPENT FUNDS MUST BE RETURNED TO USGA. GRANTS TO STATE AND REGIONAL ASSOCIATIONS FOR GOLF ADMINISTRATION INTERNSHIPS TYPICALLY REQUIRE THE RECIPIENT ORGANIZATION TO COMPLETE A REPORT DESCRIBING THE INTERNSHIP ACTIVITIES AND ACCOMPLISHMENTS, AND ACCOUNT FOR ALL INTERNSHIP SALARY PAYMENTS. ADDITIONALLY, THE INTERN IS REQUIRED TO COMPLETE AN EVALUATION ON THE INTERNSHIP RESPONSIBILITIES AND CONFIRM THE DURATION OF THEIR EMPLOYMENT. UNSPENT FUNDS RELATED TO INTERNSHIPS MUST BE RETURNED TO THE USGA. GRANTS TO COLLEGES AND UNIVERSITIES FOR TURF GRASS AND ENVIRONMENTAL RESEARCH TYPICALLY REQUIRE THE RECIPIENT ORGANIZATION TO COMPLETE A REPORT DESCRIBING IN DETAIL THE RESULTS OF THE RESEARCH, AND ACCOUNT FOR ALL FUNDS SPENT. UNSPENT FUNDS MUST BE RETURNED TO USGA. X X X 1 1 X X X X 1 1 0 1 0 1 0 0 0 MICHAEL DAVIS FORMER OFFICER 17308 0 2147749 0 140192 0 2250 0 0 0 2307499 0 1731949 0 MIKE WHAN CEO 1037671 0 650000 0 15914 0 119082 0 31709 0 1854376 0 0 0 JOHN BODENHAMER CHIEF CHAMPIONSHIPS OFFICE 597995 0 189900 0 50977 0 32150 0 31709 0 902731 0 0 0 CHRISTOPHER FRASER SECRETARY AND CLO 457766 0 131348 0 100758 0 56650 0 24260 0 770782 0 0 0 SUSAN PIKITCH CHIEF FINANCIAL OFFICER 495292 0 144008 0 46251 0 56650 0 24316 0 766517 0 0 0 RANDON JERRIS FORMER KEY EMPLOYEE 8846 0 145590 0 557988 0 2250 0 0 0 714674 0 52873 0 DENNIS BAGGETT MD - OPEN CHAMPIONSHIPS 331769 0 300000 0 2700 0 34961 0 30556 0 699986 0 0 0 STEVEN SCHLOSS CHIEF PEOPLE OFFICER (THRU 02/2022) 43747 0 134513 0 436591 0 0 0 0 0 614851 0 0 0 JON PODANY CHIEF COMMERCIAL OFFICER 495770 0 0 0 15765 0 36150 0 31709 0 579394 0 0 0 THOMAS PAGEL CHIEF GOVERNANCE OFFICER 387417 0 113940 0 14885 0 29650 0 32872 0 578764 0 0 0 REGINALD JONES JR MD, US OPEN 356078 0 75241 0 26305 0 35150 0 31709 0 524483 0 0 0 EMILY VON DOEHREN CHIEF MBER SERVICES OFFICER 328907 0 85983 0 13604 0 29650 0 23616 0 481760 0 0 0 JAMES HILL MD - CHAMPIONSHIPS 293079 0 60335 0 7567 0 56650 0 32388 0 450019 0 0 0 MARY LOPUSZYNSKI MD, MERCHANDISE 321937 0 67033 0 11389 0 27027 0 12527 0 439913 0 0 0 ANTHONY GRECO MD - FIELD SERVICES 295016 0 62031 0 22802 0 27102 0 31706 0 438657 0 0 0 CRAIG ANNIS FORMER KEY EMPLOYEE 0 0 0 0 134615 0 0 0 0 0 134615 0 0 0 PART I, LINE 1A THE USGA HAS A WRITTEN POLICY REGARDING FIRST CLASS TRAVEL AND THE USE OF PRIVATE JETS/CHARTERS. FOR THE LATTER, USE IS STRICTLY LIMITED TO USGA BUSINESS TRAVEL WHERE THERE ARE NO COMMERCIAL FLIGHTS AVAILABLE TO MEET THE ITINERARY, AND FOR USE ONLY BY EXECUTIVE LEADERSHIP/EXECUTIVE COMMITTEE WITH PRIOR APPROVAL BY THE PRESIDENT OF THE EXECUTIVE COMMITTEE. SPOUSE TRAVEL IS NOT REIMBURSED, EXCEPT IN LIMITED CIRCUMSTANCES WHERE THERE IS A BUSINESS PURPOSE AND APPROVED BY THE PRESIDENT OF THE EXECUTIVE COMMITTEE. PART I, LINES 4A-B CERTAIN INDIVIDUAL(S) LEFT THE ORGANIZATION DURING 2022 AND RECEIVED A SEVERANCE PAYMENT WHICH IS INCLUDED IN SCHEDULE J, PART II, COLUMN B(III). HOWEVER, DUE TO A CONFIDENTIALITY AGREEMENT, NEITHER THE NAME NOR THE AMOUNT WILL BE LISTED. PART I, LINE 4B THE 457(F) NONQUALIFIED DEFINED CONTRIBUTION PLAN FOR THE UNITED STATES GOLF ASSOCIATION (THE "457(F) DC PLAN") IS A TAX FAVORED, NON-QUALIFIED SUPPLEMENTAL RETIREMENT PROGRAM OFFERED TO HIGHLY COMPENSATED SENIOR MANAGEMENT. THIS PLAN ADDRESSES THE POTENTIAL SHORTFALL FOR SENIOR MANAGEMENT THAT MAY RESULT FROM THE INTERNAL REVENUE SERVICE LIMITS ASSOCIATED WITH QUALIFIED RETIREMENT PLANS. THOSE LIMITS INCLUDE COMPENSATION CAPS FOR THE USGA PENSION PLAN AND USGA DEFINED CONTRIBUTION RETIREMENT PLAN. PURSUANT TO REGULATIONS CONTAINED IN THE IRS CODE GOVERNING NOT-FOR-PROFIT EXECUTIVE COMPENSATION PLANS, ACCRUED BENEFITS BECOME TAXABLE TO THE EMPLOYEE AT VESTING. THE VESTING PERIOD IS FIVE YEARS. ONCE VESTED, THE ANNUAL ACCRUED BENEFIT IS RECORDED AS INCOME, EVEN THOUGH THE INDIVIDUAL DID NOT RECEIVE THE BENEFIT. THESE AMOUNTS ARE INCLUDED IN OTHER REPORTABLE COMPENSATION FOR VESTED PARTICIPANTS. THE BENEFIT IS PAYABLE UPON TERMINATION FROM THE USGA. THE ACCRUED, NON-VESTED BENEFITS ARE REPORTED AS DEFERRED COMPENSATION ON SCHEDULE J COLUMN (C). THE FOLLOWING PEOPLE RECEIVED CONTRIBUTIONS TO THE USGA 457(F) PLAN IN 2022 (ALL NAMED PERSONS ON SCHEDULE J, PART II). SECTION 457(F) DEFERRED COMPENSATION PLAN, VESTED PORTION WHICH IS REPORTED ON SCHEDULE J PART II COLUMN B(III): - JOHN BODENHAMER $34,993 - CHRISTOPHER FASER $79,905 - RANDON JERRIS $52,873 - REGINALD JONES JR. $9,494 - MARY LOPUSZYNSKI $6,889 - SUSAN PIKITCH $24,478 - STEVEN SCHLOSS $6,800 - JAMES HILL $4,062 - JEFFREY HALL $3,391 - ANTHONY GRECO $18,305 SECTION 457(F) DEFERRED COMPENSATION PLAN, NON-VESTED PORTION WHICH IS REPORTED ON SCHEDULE J PART II COLUMN C: - MIKE WHAN $62,432 PART I, LINE 5 & LINE 6: CEO AND SENIOR LEADERSHIP TEAM PARTICIPATE IN AN INCENTIVE COMPENSATION PLAN WITH METRICS MEASURED AGAINST STRATEGIC ORGANIZATIONAL OBJECTIVES AND FINANCIAL RESULTS WHICH INCLUDE REVENUE AND OTHER METRICS AS APPROVED BY THE EXECUTIVE COMMITTEE. INCENTIVE COMPENSATION REQUIRES INPUT FROM COMPENSATION COMMITTEE, A STANDING COMMITTEE OF THE ORGANIZATIONS EXECUTIVE COMMITTEE, AND APPROVAL BY THE USGA BOARD PRESIDENT. INCENTIVE PLAN MAY NOT EXCEED BUDGET. TOTAL COMPENSATION (BASE SALARY AND INCENTIVE COMPENSATION PLAN) FOR THE CEO AND SENIOR LEADERSHIP TEAM IS EXTERNALLY BENCHMARKED ON A REGULAR BASIS. THE BENCHMARKING PROCESS IS CONDUCTED BY A THIRD PARTY AND REVIEWED BY THE PRESIDENT. PART III: OTHER REPORTABLE COMPENSATION: MICHAEL DAVIS SERVED AS CEO OF THE USGA THROUGH JUNE 30, 2021. MR. DAVIS ALSO SERVED IN AN ADVISORY CAPACITY TO THE USGA AND THE NEW CEO FROM JULY 1, 2021 THROUGH DECEMBER 31, 2021. MR. DAVIS RECEIVED TWO PAYMENTS AS NON-CASH VESTED BENEFITS IN THE USGA 457(F) NON-QUALIFIED PAYMENTS IN EARLY 2022 WHICH HAVE BEEN REFLECTED AND REPORTED IN HIS 2021 COMPENSATION. MR. DAVIS RECEIVED A DISTRIBUTION FROM THE USGA 457F PLAN IN JANUARY 2022 OF APPROXIMATELY $1.2M. THIS PAYMENT WAS REPORTED ON 2021 FORM 990, SCHEDULE J PART II B(III) AND F. IN ADDITION, MR. DAVIS RECEIVED A DISCRETIONARY BONUS OF APPROXIMATELY $1.7M IN JANUARY 2022 RELATED TO HIS POSITION AND LENGTH OF SERVICE WITH THE USGA. THIS PAYMENT IS INCLUDED IN 2021 FORM 990 SCHEUDLE J PART II B(II) AND AGAIN IN 2022 FORM 990 SCHEDULE J PART II B(II) AND F. FURTHER, MR. DAVIS RECEIVED 2021 REGULAR BONUS IN MARCH 2022 OF $415,880. THIS PAYMENT IS INCLUDED IN 2022 FORM 990 SCHEDULE J PART II B(II). BOTH PAYMENTS WERE REVIEWED AND APPROVED BY THE COMPENSATION COMMITTEE OF THE USGA. AMOUNTS INCLUDED IN OTHER REPORTABLE COMPENSATION INCLUDE AMOUNTS ATTRIBUTABLE TO LIFE, LONG TERM DISABILITY & LONG-TERM CARE INSURANCES, CHILD SCHOLARSHIPS, PERSONAL MILEAGE AND AUTOMOBILE EXPENSES, AS WELL AS NON-CASH VESTED BENEFITS IN THE USGA 457(F) NON-QUALIFIED SUPPLEMENTAL RETIREMENT PLAN. A PUBLIC FINANCE AUTHORITY 273866124 000000000 2017-01-19 50000000 CONSTRUCTION ISSUE 0 0 0 A 45034926 480000 44554926 0 0 0 1 A 0 0 0 0 0.00500 0.00500 0 0 1 A 0 1 0 0 1 0 0 0 1 A 1 PART II, LINE 3 THE TAX-EXEMPT BOND ISSUED IS A DRAW-DOWN BOND AND THE AMOUNT REPORTED ON PART II LINE 3 PRESENTS THE BOND VALUE ISSUED AS OF 12/31/2022. SUBSTANTIAL CONTRIBUTOR SUBSTANTIAL CONTRIBUTOR 135122 INSURANCE CONTRACT 0 SCH L, PART IV, TRANSACTION INVOLVING INTERESTED PERSONS: THE TRANSACTION REPORTED ON PART IV WAS COMPLETED AT ARMS LENGTH AND WAS COMPLETED WITHOUT CONSIDERATION OF THE CONTRIBUTION RECEIVED. X 576 0 SEE PART II X DONATED RANGE BALLS 1 165000 FMV 1 1 0 PART I, LINE 30B: IN CERTAIN CIRCUMSTANCES, THE USGA MIGHT RECEIVE NON-CASH CONTRIBUTIONS THAT ARE REQUIRED TO HOLD FOR AT LEAST THREE YEARS FROM THE DATE OF THE INITIAL CONTRIBUTIONS. THESE NON-CASH CONTRIBUTIONS WERE DONATED TO SUPPORT THE EXEMPT PURPOSE OF THE USGA MUSEUM, FOLLOWING THE USGA GENERAL GIFT ACCEPTANCE POLICY AND PROCEDURES. SCHEDULE M, LINE 31 THE USGA HAS A GIFT ACCEPTANCE POLICY FOR ANY ITEM BEING DONATED TO THE USGA GOLF MUSEUM. THE USGA ALSO HAS A GIFT ACCEPTANCE POLICY FOR ANY NON-STANDARD CONTRIBUTIONS TO THE USGA. PROCEDURES INCLUDE REVIEWS BY THE APPROPRIATE STAFF BEFORE ANY SUCH CONTRIBUTION CAN BE ACCEPTED. WHERE APPROPRIATE, THE CHIEF LEGAL OFFICER IS CONSULTED. SCHEDULE M, LINE 33: AS PERMITTED UNDER SFAS 116, THE USGA CHOOSES NOT TO REPORT IN ITS REVENUE STATEMENT AND BALANCE SHEET WORKS OF ART, HISTORICAL TREASURES, OR OTHER SIMILAR ASSETS HELD FOR PUBLIC EXHIBITION, EDUCATION, OR RESEARCH IN FURTHERANCE OF PUBLIC SERVICE. FORM 990, PART I, LINE 1, DESCRIPTION OF ORGANIZATION'S MISSION: THE UNITED STATES GOLF ASSOCIATION'S MISSION IS TO CHAMPION AND ADVANCE THE GAME OF GOLF, AND ITS PURPOSE IS EMBEDDED INTO EACH OF THE FOUR LETTERS OF OUR NAME. AS GOLF'S STEWARD AND GOVERNING BODY IN AMERICA, OUR INITIALS U (UNIFY) S (SHOWCASE) G (GOVERN) A (ADVANCE) CAN BE USED TO COMMUNICATE ROLE THE USGA PLAYS, AND THE GOOD WE DO FOR THE GAME. WE UNIFY THE GAME BY CREATING AN EQUAL PLAYING FIELD THROUGH THE WORLD HANDICAP SYSTEM, COURSE RATING SYSTEM AND GHIN, ENSURING THAT PLAYERS OF ALL AGES, ABILITIES AND BACKGROUNDS CAN ENJOY THE GAME TOGETHER. WE UNIFY GOLFERS AND GOLF COURSES THROUGH OUR NATIONAL ALLIED GOLF ASSOCIATION (AGA) NETWORK. WE WILL BE A TRUSTED PARTNER WITH THE GLOBAL GAME AROUND COMMON PURPOSES THAT ENSURE A BETTER FUTURE FOR GOLF (GROWING THE GAME, EQUITY AND INCLUSION, SUSTAINABILITY). WE SHOWCASE AND CELEBRATE THE BEST PLAYERS IN THE WORLD BY PROVIDING THEM THE STAGE TO ACHIEVE THEIR DREAMS ALL AGES, INDIVIDUALS, AND TEAMS ALIKE. WE SHOWCASE HOW "OPEN" GOLF CAN BE, VIA A TRULY OPEN APPROACH TO CHAMPIONSHIPS QUALIFIERS THAT DON'T CARE ABOUT YOUR AGE, RACE OR RELIGIOUS BELIEFS, BUT ONLY YOUR ABILITY TO GET THE BALL IN THE HOLE. WE HOST THE NATIONAL CHAMPIONSHIPS IN AMERICA, SHOWCASING THE NATION'S BEST GOLF COURSES AND WELCOMING THE GLOBAL GOLF COMMUNITY TO PARTICIPATE. THE USGA CONDUCTS 15 NATIONAL CHAMPIONSHIPS ANNUALLY, WITH AN EQUAL NUMBER FOR MEN AND WOMEN AND THE U.S. ADAPTIVE OPEN CHAMPIONSHIP, ADDED IN 2022 FOR GOLFERS WITH DISABILITIES. WE GOVERN WITH A FOCUS ON THE BEST INTERESTS OF THE GAME LONG-TERM, WITHOUT BIAS, PROVIDING A STRONG FRAMEWORK ON WHICH THE GAME CAN GROW. WE GOVERN THE GAME THROUGH A CLEARLY DEFINED SET OF PLAYING AND AMATEUR STATUS RULES, AND EQUIPMENT STANDARDS TO PROMOTE AND ENSURE FAIR PLAY. A COMMON SET OF RULES GIVES EVERY GOLFER A FOUNDATION FOR HOW THE GAME IS PLAYED. WE ADVANCE THE GAME TO ENABLE A FUTURE THAT IS EVEN BETTER THAN THE GAME WE PLAY TODAY. THIS MEANS ENSURING THAT GOLFERS OF ALL RACES, GENDERS AND AGES HAVE ACCESS AND FEEL WELCOME. THIS STARTS WITH JUNIORS AND CONTINUES THROUGH A GOLFER'S LIFETIME JOURNEY IN THE GAME. WE'RE PASSIONATELY PURSUING A BETTER ON-COURSE GOLF EXPERIENCE THROUGH OUR GREEN SECTION IMPROVING THE COST OF THE GAME, THE TIME IT TAKES TO PLAY AND ENJOYMENT WITH FEWER RESOURCES. WE'RE THE BIGGEST INVESTOR IN GOLF'S FUTURE BY HELPING COURSES MANAGE WATER, FUEL, RESOURCES, BY FUNDING NEARLY $2 MILLION ANNUALLY IN RESEARCH GRANTS TO ADVANCE TURFGRASS SCIENCE. FORM 990, PART I, LINE 6 THE ESTIMATE FOR VOLUNTEERS REPRESENTS PEOPLE WHO SERVE ON A USGA COMMITTEE OR USGA SUB COMMITTEE. THE ESTIMATE ALSO INCLUDES THE THOUSANDS OF INDIVIDUALS WHO VOLUNTEER THEIR TIME AT USGA CHAMPIONSHIPS, AND CONTRIBUTE TOWARD THE SUCCESS OF THOSE USGA CHAMPIONSHIPS. FORM 990, PART V, QUESTION 2 UNITED STATES GOLF ASSOCIATION SHARES EMPLOYEES WITH ITS SUPPORTING ORGANIZATION, USGA FOUNDATION (EIN# 83-4639721) VIA A COMMON PAYMASTER ARRANGEMENT. ALL W-2S AND REQUIRED EMPLOYMENT TAX RETURNS ARE FILED BY UNITED STATES GOLF ASSOCIATION. FORM 990, PART VI, SECTION A, LINE 6 THE USGA IS AN ASSOCIATION OF MEMBER CLUBS AND COURSES. WHILE APPLICATION FOR MEMBERSHIP IS OPEN TO ANY GOLF CLUB, GOLF COURSE OR GOLF TRAINING FACILITY, AS SPECIFIED AND DEFINED IN THE USGA BY-LAWS, VOTING PRIVILEGES ARE LIMITED TO MEMBER CLUBS. VOTING PRIVILEGES DO NOT EXTEND TO MEMBER COURSES OR TO MEMBER GOLF TRAINING FACILITIES. MEMBERSHIP APPLICATIONS ARE REVIEWED AND SUBJECT TO APPROVAL OR REJECTION AT THE DISCRETION OF THE EXECUTIVE COMMITTEE. MEMBERSHIP IS AUTOMATICALLY CONTINUOUS UNLESS INTERRUPTED BY WRITTEN RESIGNATION OR EXPULSION IN ACCORDANCE WITH USGA BY-LAWS. ACCEPTANCE OF MEMBERSHIP BINDS EACH MEMBER TO UPHOLD ALL PROVISIONS OF THE USGA'S CERTIFICATE OF INCORPORATION, BY-LAWS AND OTHER RULES, TO ACCEPT AND ENFORCE ALL RULES AND DECISIONS OF THE EXECUTIVE COMMITTEE ACTING WITHIN ITS JURISDICTION AND TO OTHERWISE CONDUCT ITSELF IN A MANNER THAT FURTHERS THE INTERESTS OF THE USGA TO PROMOTE THE BEST INTERESTS AND TRUE SPIRIT OF THE GAME OF GOLF. (THE USGA IS ORGANIZED AND EXISTS UNDER THE NON-PROFIT CORPORATION LAWS OF THE STATE OF DELAWARE. THE USGA IS A NON-STOCK ENTITY.) FORM 990, PART VI, SECTION A, LINE 7A THE EXECUTIVE COMMITTEE IS THE GOVERNING BODY OF THE USGA. THE EXECUTIVE COMMITTEE CONSISTS OF 15 VOTING MEMBERS, INCLUDING THE 1 OFFICER. EACH MEMBER OF THE EXECUTIVE COMMITTEE IS ELECTED TO A SET TERM WITH A SET AMOUNT OF TERM LIMITS AT THE ANNUAL MEETING OF THE USGA AND HOLDS OFFICE UNTIL HIS OR HER TERM EXPIRES OR UNTIL HIS OR HER RESIGNATION OR REMOVAL. EACH MEMBER CLUB IS ENTITLED TO BE REPRESENTED BY ONE VOTING DELEGATE AT THE ANNUAL MEETING OF THE USGA. DULY CERTIFIED PROXIES MAY BE VOTED BY VOTING DELEGATES AT THE ANNUAL MEETING OF THE USGA. FORM 990, PART VI, SECTION A, LINE 7B THE USGA BY-LAWS PROVIDE THAT THEY MAY BE ALTERED OR REPEALED BY MEMBER CLUBS ACTING PURSUANT TO THE BY-LAWS. FORM 990, PART VI, SECTION B, LINE 11B THE FEDERAL FORM 990 IS COMPILED BY THE USGA'S TAX FIRM GRANT THORNTON. AFTER THE USGA'S TAX FIRM GRANT THORNTON HAS THOROUGHLY REVIEWED THE FEDERAL FORM 990 AND DEEMED IT TO BE ACCURATE AND COMPLETE, THE FEDERAL FORM 990 IS REVIEWED WITH THE CEO AND THE AUDIT COMMITTEE. BEFORE THE FEDERAL FORM 990 IS SIGNED BY AN OFFICER AND SUBMITTED TO THE IRS, A FULL COPY OF THE DOCUMENT, INCLUDING ALL ATTACHMENTS, IS PROVIDED TO EACH VOTING MEMBER OF THE EXECUTIVE COMMITTEE. FORM 990, PART VI, SECTION B, LINE 12C THE USGA REQUIRES EXECUTIVE COMMITTEE MEMBERS AND USGA EMPLOYEES TO ADMINISTER THEIR AFFAIRS HONESTLY AND EFFICIENTLY, EXERCISING DUE CARE, SKILL AND JUDGMENT FOR THE BENEFIT OF THE USGA. IT IS THE RESPONSIBILITY OF EXECUTIVE COMMITTEE MEMBERS AND USGA EMPLOYEES TO MAKE A FULL DISCLOSURE OF ANY PERSONAL INVOLVEMENT WHICH MIGHT RESULT IN A CONFLICT OF INTEREST OR THE APPEARANCE OF A CONFLICT OF INTEREST ON THEIR PART. SUCH DISCLOSURES ARE SUBMITTED TO THE AUDIT COMMITTEE CHAIR AND/OR THE CHIEF LEGAL OFFICER FOR REVIEW AND CONSIDERATION AS PER STATED PROCEDURES. ADDITIONALLY, ONCE A YEAR, THE USGA REQUIRES EXECUTIVE COMMITTEE MEMBERS AND USGA EMPLOYEES TO REVIEW THE USGA'S CONFLICT OF INTEREST POLICY AND SUBMIT A STATEMENT ATTESTING TO THEIR UNDERSTANDING OF AND COMPLIANCE WITH THE POLICY. ANY CONFLICT OF INTEREST OR THE APPEARANCE OF A CONFLICT OF INTEREST MUST BE INCLUDED ON THE SUBMITTED STATEMENT. THE AUDIT COMMITTEE REVIEWS THE STATEMENTS AND MAKES ANY NECESSARY DECISIONS TO MANAGE AND/OR ELIMINATE THE CONFLICTS. FORM 990, PART VI, SECTION B, LINE 15 ON A PERIODIC BASIS, THE USGA DOES A THOROUGH REVIEW OF COMPENSATION FOR THE CEO AND THE EXECUTIVE TEAM. THIS REVIEW INCLUDES A COMPENSATION SURVEY BY AN INDEPENDENT COMPENSATION CONSULTANT, AND CONSIDERATION OF COMPARABILITY DATA OBTAINED FROM OTHER SOURCES. THE SURVEY AND DATA ARE CAREFULLY CONSIDERED BY THE USGA'S COMPENSATION COMMITTEE TO ENSURE THAT COMPENSATION IS REASONABLE AND APPROPRIATE. MERCER PREPARED AN "EXECUTIVE CASH COMPENSATION UPDATE" (INTERMEDIATE SANCTIONS) REPORT DATED DECEMBER 31,2021. THIS REPORT WOULD HAVE BEEN USED TO MAKE COMPENSATION DECISIONS FOR USGA EXECUTIVES FOR CALENDAR YEAR 2022. SUBSTANTIATION OF THE DELIBERATION AND DECISION OF THE COMPENSATION COMMITTEE IS MAINTAINED IN THE MEETING MINUTES. IN ADDITION, EMPLOYEES OF THE USGA UNDERGO A THOROUGH EVALUATION PROCESS AT THE END OF EACH YEAR. PERFORMANCE AND GOALS ARE CAREFULLY REVIEWED AND DOCUMENTED, THEN DISCUSSED WITH THE EMPLOYEE. MERIT INCREASES AND BONUS AWARDS ARE DETERMINED BASED ON THESE EVALUATIONS. FORM 990, PART VI, SECTION B, LINE 16B THE USGA DOES NOT CURRENTLY HAVE ANY JOINT VENTURES, BUT MAINTAIN A JOINT VENTURES POLICY TO ENSURE THAT ALL ARRANGEMENTS ARE CONSISTENT WITH THE ORGANIZATION'S TAX EXEMPT STATUS UNDER IRC SECTION 501(C)(3). SPECIFICALLY, THE PURPOSE OF THE POLICY IS TO SET FORTH GUIDELINES TO HELP ENSURE THAT ARRANGEMENTS WITH FOR-PROFIT ENTITIES WILL NOT JEOPARDIZE THE USGA'S TAX EXEMPT STATUS. FORM 990, PART VI, SECTION C, LINE 19 THE USGA'S MOST RECENT FORM 990 AND AUDITED FINANCIAL STATEMENTS ARE VIEWABLE BY THE PUBLIC ON USGA.ORG EACH YEAR. THE USGA MAKES THE FOLLOWING DOCUMENTS AVAILABLE TO THE PUBLIC BY PROVIDING THEM TO GUIDESTAR TO POST ON THEIR WEBSITE AT WWW.GUIDESTAR.ORG: IRS LETTER OF DETERMINATION; FEDERAL FORM 1023; FEDERAL FORM 990; FEDERAL FORM 990-T; AUDITED FINANCIAL STATEMENTS. THE USGA ALSO MAKES ITS GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY AVAILABLE TO THE PUBLIC "UPON REQUEST" AT ITS HEADQUARTERS LOCATION IN NEW JERSEY, DURING NORMAL BUSINESS HOURS. FORM 990, PART VIII, LINE 2B INSURANCE PAYMENT THE USGA ALERTED THE EVENT CANCELLATION INSURANCE CARRIER OF ITS INTENTION TO FILE A CLAIM FOR LOSSES ARISING FROM THE RESCHEDULING AND ALTERATION OF THE 2020 U.S. OPEN (INCLUDING THE CANCELLATION OF SPECTATORS AND CORPORATE HOSPITALITY) DUE TO THE COVID-19 PANDEMIC. BASED ON THE VALIDITY OF THE USGA'S CLAIM AND THE ESTIMATED CLAIM TOTAL VALUE, THE INSURANCE CARRIER PAID THE USGA $12,000,000 IN 2022. THESE AMOUNTS HAVE BEEN RECOGNIZED IN THE 2022 FINANCIAL RESULTS, AS THEY MET THE CRITERIA OF THE CONTINGENCY BEING ESTIMABLE AND PROBABLE. ANY FUTURE REIMBURSEMENTS WILL BE RECORDED WHEN SUCH PAYMENTS AND/OR PROOF OF FINAL SETTLEMENT ARE RECEIVED FROM THE INSURER. FORM 990, PART IX, LINE 11G EXPENSES INCLUDE VARIOUS PROFESSIONAL SERVICES, INCLUDING BUT NOT LIMITED TO TV AND VIDEO PRODUCTION, FREELANCE PHOTOGRAPHY, AND PUBLIC RELATIONS/BRAND BUILDING EXPENSES, AS WELL AS TEMPORARY STAFFING ON IT. FORM 990, PART XI, LINE 9: FASB 158 ADOPTION 11,678,576. NET ASSETS RELEASED FROM RESTRICTION -850,591. THE USGA FOUNDATION 77 LIBERTY CORNER ROAD LIBERTY CORNER NJ 07938 834639721 SUPPORTING NJ 501(C)(3) LINE 12A, I USGA 1 0 0 0 0 0 0 0 0 0 0 0 1 1 1 1 0 1 0 1 USGA FOUNDATION S 1700000 BOOK SCHEDULE R, PART II - RELATED EXEMPT ORGANIZATION THE USGA FOUNDATION (THE "FOUNDATION") WAS INCORPORATED ON MARCH 15, 2019. THE FOUNDATION WAS CREATED UNDER 501(C)(3) OF THE INTERNAL REVENUE CODE OF 1986 AS A TYPE 1 SUPPORTING ORGANIZATION OF THE USGA. THE FOUNDATION'S PRIMARY OBJECTIVE IS TO PROVIDE FINANCIAL SUPPORT TO THE UNITED STATES GOLF ASSOCIATION AS IT CARRIES OUT ITS PROGRAMS, ACTIVITIES AND PROJECTS DESIGNED TO ADVANCE ITS CHARITABLE MISSION.