2024-08-19T13:57:16-05:00 2023-12-31 990 2023-01-01 300225123 SOUTH FLORIDA PROFESSIONAL GOLF ASSOCIATION CHARITABLE FOUNDATION INC SOUT 5617290544 7201 GEORGIA AVE WEST PALM BEACH FL 33405 GEOFF LOFSTEAD EXECUTIVE DIRECTOR 5617290544 2024-08-19 0 2023 2024-08-08 14:25:15Z GEOFF LOFSTEAD 7201 GEORGIA AVE WEST PALM BEACH FL 33405 1978340 0 X N/A X 2002 FL TO PROMOTE AND GROW THE GAME OF GOLF THROUGH JUNIOR GOLF, SCHOLARSHIPS AND CHARITABLE GIVING. 7 7 0 100 0 0 424476 516211 744379 852254 36912 76306 14230 81512 1219997 1526283 20000 23505 0 0 0 0 0 0 69627 843838 940961 863838 964466 356159 561817 1721577 2210365 454032 287531 1267545 1922834 X TO PROMOTE AND GROW THE GAME OF GOLF THROUGH JUNIOR GOLF, SCHOLARSHIPS AND CHARITABLE GIVING. 0 0 815032 23505 792554 THE FOUNDATION PROVIDED EDUCATION SCHOLARSHIPS AND GOLF INSTRUCTION PROGRAMS TO SOUTH FLORIDA JUNIORS. THE FOUNDATION HAS CONTRIBUTED DOLLARS TO MORE THAN A DOZEN CHARITABLE CAUSES FROM HEALTH ORGANIZATIONS TO JUNIOR GOLF ASSOCIATIONS (ALL UNDER THE BANNER OF GOLF). THE FOUNDATION CONDUCTS A JUNIOR TOUR FOR THE YOUTH OF SOUTH FLORIDA CONSISTING OF 25 JUNIOR GOLF TOURNAMENTS. 815032 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 55 0 0 0 0 0 0 0 1 1 0 0 0 0 X 7 7 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 FL X X S FLORIDA SECTION ACCOUNTING DIRECTOR 8004776465 1916 PGA PARKWAY FRISCO TX 75033 X TOM WILDENHAUS PRESIDENT 2.00 X X 0 0 0 LEE STROEVER VICE PRESIDENT 2.00 X X 0 0 0 DON MEADOWS SECRETARY 2.00 X X 0 0 0 KEVIN MURPHY TREASURER 2.00 X X 0 0 0 JIM O'CONNOR DIRECTOR 2.00 X 0 0 0 STEVE WAUGH DIRECTOR 2.00 X 0 0 0 JUSTIN THOMPSON DIRECTOR 2.00 X 0 0 0 GEOFF LOFSTEAD EXECUTIVE DIRECTOR 10.00 X 0 0 0 0 0 0 0 0 0 0 0 213300 78259 224652 516211 TOURNAMENT REVENUE 900099 688941 688941 REIMBURSED EXPENSES 900099 85269 85269 SPONSORSHIP REVENUE 900099 59700 59700 MANAGEMENT FEE REVENUE 900099 18344 18344 852254 46667 46667 401367 371728 29639 29639 29639 161841 78259 80329 81512 81512 1526283 792554 0 217518 X 3505 3505 20000 20000 302026 181216 60405 60405 10180 10180 131324 124598 3363 3363 2249 1685 282 282 27822 16668 5577 5577 51108 51108 7502 7502 TOURNAMENT OPERATIONS 194742 194742 TOURNAMENT PRIZES 141818 141818 FOOD AND BEVERAGE 31488 31488 PROCESSING FEES 29007 29007 11695 11695 964466 815032 79807 69627 672705 301582 488570 179555 13339 18864 98451 60973 60973 107962 0 439001 1570958 0 40955 1721577 2210365 83970 36536 85810 79039 54167 62500 230085 109456 454032 287531 X 1228869 100055 38676 1822779 1267545 1922834 1721577 2210365 561817 93472 0 X 0 0 0 X 159507 197950 307689 424476 516211 1605833 462634 404505 543040 676048 792554 2878781 95297 59000 76548 68331 59700 358876 717438 661455 927277 1168855 1368465 4843490 5970 5970 0 5970 5970 4837520 9106 5489 8188 13318 46667 82768 9106 5489 8188 13318 46667 82768 33225 36485 14230 81512 165452 759769 666944 971950 1196403 1496644 5091710 0.95010 0.96190 0.01630 0.00980 X SCHEDULE A, PART VI, LIST OF UNUSUAL GRANTS: DESCRIPTION: RECEIVED FROM DECEASED DONOR DATE: 12/31/20 AMOUNT: 100000. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 60973 60973 0 0 OTHER LIABILITIES 7472 DUE TO SECTION 101984 109456 PGA HOPE CLASSIC 127625 47716 79909 17443 15277 548 FOUNDATION PRO AM 40750 15600 25150 800 6534 6000 3050 3325 2 71725 14943 56782 8000 5044 3600 9653 1055 240100 78259 161841 8800 29021 9600 27980 4928 80329 81512 1 CHAPTER SCHOLARSHIPS 4 20000 PART I, LINE 2: ORGANIZATIONS WERE CHOSEN BY THE FOUNDATION TO RECEIVE PROGRAM SUPPORT BASED ON THEIR RESPECTIVE ORGANIZATION'S MISSIONS AND SIGNIFICANT ACTIVITIES FOR THE YOUTH. OTHER ORGANIZATIONS SEEKING GRANTS FROM THE FOUNDATION FIRST COMPLETE AN APPLICATION TO BECOME AN APPROVED CHARTIY OF THE FOUNDATION. THEN THEY MUST COMPLETE GRANT APPLICATIONS. AFTER REVIEW OF GRANT APPLICATIONS ALONG WITH FINANCIAL STATEMENTS, THE BOARD APPROVES GRANTS AND THE AMOUNT TO BE GIVEN TO EACH ENTITY. SCHEDULE I, PART 1, LINE 2 THE ORGANIZATION MONITORS THE USE OF THE SCHOLARSHIP FUNDS BY MAKING THE CHECKS PAYABALE TO THE COLLEGE OR UNIVERSTIY OF EACH RECIPIENT. THE SCHOLARSHIP CHECKS ARE MAILED DIRECTLY TO THE COLLEGE OR UNIVERSITY OF EACH WINNER. THE FOUNDATION OFFERS MULTIPLE UNIQUE SCHOLARSHIPS WITH VARYING ELIGIBILITY CRITERIA. THE PRIMARY DETERMINING FACTOR FOR ALL SCHOLARSHIPS IS MEASURABLE EDUCATIONAL ACHIEVEMENTS INLCUDING GRADE POINT AVERAGE AND STANDARD ACHIEVEMENT TEST SCORES. FORM 990, PART VI, SECTION B, LINE 11B THE ORGANIZATION PROVIDES A COPY OF FORM 990 TO THE GOVERNING BOARD PRIOR TO FILING IT. THE EXECUTIVE DIRECTOR REVIEWS AND SIGNS THE RETURN. FORM 990, PART VI, SECTION B, LINE 12C ALL BOARD MEMBERS ARE REQUIRED TO READ AND SIGN THE WRITTEN CONFLICT OF INTEREST POLICY ANNUALLY. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART IX, LINE 11G OTHER PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 106,269. MANAGEMENT AND GENERAL EXPENSES 2,881. FUNDRAISING EXPENSES 2,881. TOTAL EXPENSES 112,031. CONTRACT LABOR: PROGRAM SERVICE EXPENSES 18,329. MANAGEMENT AND GENERAL EXPENSES 482. FUNDRAISING EXPENSES 482. TOTAL EXPENSES 19,293.