2025-05-15T08:08:10-05:00 2024-06-30 994625061 CRI ADVISORS LLC 1031 W MORSE BLVD SUITE 200 WINTER PARK FL 32789 990 2023-07-01 465468220 ARNOLD & WINNIE PALMER FOUNDATION INC ARNO 4078763644 9000 BAY HILL BLVD ORLANDO FL 32819 BRIAN BATTLES TREASURER 4078768057 2025-05-14 1 1 SARAH E MARSHALL CPA P00748415 4076447455 2025-05-14 2023 2025-03-06 01:10:19Z BRIAN BATTLES 9000 BAY HILL BLVD ORLANDO FL 32819 5839932 0 X PALMERFOUNDATION.ORG X 2014 FL THE ORGANIZATION'S MISSION IS TO PROMOTE YOUTH CHARACTER DEVELOPMENT, CHILDREN'S HEALTH, ENVIRONMENTAL STEWARDSHIP AND WELL-BEING WHILE ALSO PRESERVING, ENHANCING AND PROMOTING THE LEGACY OF ARNOLD PALMER IN GOLF AND AMERICAN HISTORY AND SHARING IT WITH THE PUBLIC AS A PRACTICAL AND INSPIRATIONAL COMPONENT OF THE CHARITABLE AND EDUCATIONAL PILLARS OF THE FOUNDATION. 6 4 0 25 0 0 2398495 2489826 0 0 593438 359358 0 48452 2991933 2897636 565749 518680 0 0 602656 710988 0 0 0 2017541 734871 3185946 1964539 -194013 933097 25123622 28700734 464859 1010472 24658763 27690262 X THE ORGANIZATION'S MISSION IS TO PROMOTE YOUTH CHARACTER DEVELOPMENT, CHILDREN'S HEALTH, ENVIRONMENTAL STEWARDSHIP AND WELL-BEING WHILE ALSO PRESERVING, ENHANCING AND PROMOTING THE LEGACY OF ARNOLD PALMER IN GOLF AND AMERICAN HISTORY AND SHARING IT WITH THE PUBLIC AS A PRACTICAL AND INSPIRATIONAL COMPONENT OF THE CHARITABLE AND EDUCATIONAL PILLARS OF THE FOUNDATION. ADDITIONALLY, THE ORGANIZATION PROVIDES FINANCIAL SUPPORT TO INSTITUTIONS AND ORGANIZATIONS THAT SUPPORT THESE SAME PROGRAMS AND INITIATIVES. 0 0 518680 518680 THE ORGANIZATION PROVIDES FINANCIAL SUPPORT TO INSTITUTIONS AND ORGANIZATIONS THAT PROMOTE YOUTH CHARACTER DEVELOPMENT, CHILDREN'S HEALTH, ENVIRONMENTAL STEWARDSHIP AND WELL-BEING WHILE ALSO PRESERVING, ENHANCING AND PROMOTING THE LEGACY OF ARNOLD PALMER IN GOLF AND AMERICAN HISTORY. DURING FY23/24 THE ORGANIZATION DIDN'T HOLD A PALMER CUP AS THE EVENT WAS HELD IN JULY 2024 AT THE LAHINCH GOLF CLUB IN IRELAND. WITH THIS TIMING DUE TO INTERNATIONAL SCHEDULING THERE WILL BE TWO PALMER CUPS REPORTED IN FY24/25. THIS COLLEGIATE EVENT'S PURPOSE IS TO PROMOTE THE DEVELOPMENT OF YOUTH GOLFERS AND TO PASS ON MR. ARNOLD PALMER'S VALUES TO THE NEXT GENERATION OF GOLFERS. THE EVENT ROTATES BETWEEN DOMESTIC AND INTERNATIONAL LOCATIONS AND INCLUDES MEN AND WOMEN FROM AROUND THE WORLD PARTICIPATING IN A RYDER CUP-STYLE COMPETITION. 518680 1 1 0 0 0 0 0 0 0 1 1 0 0 0 0 1 0 1 0 0 0 0 0 0 1 0 0 1 0 1 0 0 0 0 0 0 0 1 0 0 0 0 1 1 1 0 0 0 1 10 0 0 1 1 0 0 0 0 0 0 0 0 0 X 6 4 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 0 0 0 FL X FONTANA CPAS 7277999533 13007 W LINEBAUGH AVENUE TAMPA FL 33626 AMY SAUNDERS DIRECTOR 1.00 2.00 X 0 0 0 DAVID BARGER DIRECTOR 1.00 0.00 X 0 0 0 KEN BOEHNER BOARD CHAIR 13.00 27.00 X X 174601 349202 0 DAVID NORMOYLE DIRECTOR 1.00 0.00 X 0 0 0 DAVID ROEMER DIRECTOR 1.00 0.00 X 0 0 0 IAN PATTINSON DIRECTOR 1.00 0.00 X 0 0 0 BRIAN BATTLES TREASURER 5.00 5.00 X 0 0 0 KRISTIN RAYMOND SECRETARY 5.00 5.00 X 0 0 0 174601 349202 0 0 0 0 1 0 25000 1450000 1014826 2489826 654367 654367 2596777 2891786 -295009 -295009 -295009 94651 25000 50510 44141 44141 MISCELLANEOUS INCOME 900099 4311 4311 4311 2897636 4311 0 403499 518680 518680 174601 174601 536387 536387 6834 6834 66800 66800 74188 74188 98182 98182 68633 68633 142130 142130 115462 115462 105714 105714 24062 24062 MARKETING & COMMUNICATI 23297 23297 BANK & CREDIT CARD FEES 9569 9569 1964539 518680 1445859 0 1523735 1561630 1165497 878220 412260 858930 26921 182306 5327267 336081 4419767 4991186 17575442 20228462 25123622 28700734 464859 510472 0 500000 464859 1010472 X 22689749 25838737 1969014 1851525 24658763 27690262 25123622 28700734 933097 2098402 0 X X 0 1 X 1 0 X 1137568 2293509 7706974 2398495 2464826 16001372 1137568 2293509 7706974 2398495 2464826 16001372 7366593 8634779 258720 258338 351095 560626 654367 2083146 48452 48452 18132970 0.47620 0.45550 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 15000000 15000000 15000000 15000000 10539085 7000000 -1953136 585949 15000000 10407204 1780906 58582 1590443 10539085 10118781 288423 10407204 1.00000 1 0 2145412 2145412 3033134 228099 2805035 148721 107982 40739 4991186 X PART X, LINE 2: THE ORGANIZATION HAS NOT TAKEN ANY MATERIAL UNCERTAIN TAX POSITIONS FOR WHICH THE ASSOCIATED TAX BENEFITS MAY NOT BE RECOGNIZED UNDER ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA. PART V, LINE 4 THE BOARD'S INTENTION WAS TO SET ASIDE $15 MILLION IN ENDOWMENT FUNDS. THE EARNINGS ARE NOT ADDED TO THE ENDOWMENT FUND. WAKE FOREST EVENT 94651 94651 1852 6566 13959 5272 SCHOLARSHIP EVENT 25000 25000 2930 1368 9941 8622 119651 25000 94651 1852 2930 7934 23900 13894 50510 44141 1 CHAPEL & YORK US FOUNDATION 1350 6TH AVE FLOOR 2 SUITE 266 NEW YORK NY 10019 812161937 501 (C) (3) 100000 0 TO SUPPORT PROGRAM ACTIVITIES ORLANDO HEALTH ORGANIZATION 1414 KUHL AVE ORLANDO FL 32806 591726273 501 (C) (3) 131250 0 TO SUPPORT PROGRAM ACTIVITIES WAKE FOREST UNIVERSITY 1834 WAKE FOREST ROAD WINSTONSALEM NC 27109 560532138 501 (C) (3) 67827 0 MEN'S AND WOMEN'S GOLF PROGRAM/ UMBRELLA DAY CONTRIBUTIONS FIRST TEE OF CENTRAL FLORIDA 2418 SILVER STAR RD ORLANDO FL 32804 270149539 501 (C) (3) 56167 0 SCHOLARSHIPS/UMBRELLA DAY/GRANTS LIFT ORLANDO INC 710 S TAMPA AVE ORLANDO FL 32805 463607865 501 (C) (3) 50000 0 TO SUPPORT PROGRAM ACTIVITIES THE POETIC FOUNDATION INC 3974 AMBOY ROAD STATEN ISLAND NY 10308 800688254 501 (C) (3) 50000 0 TO SUPPORT PROGRAM ACTIVITIES SAINT VINCENT COLLEGE 300 FRASER PURCHASE RD LATROBE PA 15650 250964126 501 (C) (3) 24797 0 TO SUPPORT PROGRAM ACTIVITIES ASGA SCHOLARSHIP FUND 12521 KANIS RD LITTLE ROCK AR 72211 710470120 501 (C) (3) 10000 0 2023 ARNOLD PALMER SCHOLARSHIP DONATION HAPPY DITTO INC 2720 NEILSON WAY 5313 SANTA MONICA CA 90409 463527436 501 (C) (3) 8814 0 UMBRELLA DAY PROJECT IDEAS FOR US 1030 W KALEY ST ORLANDO ORLANDO FL 32805 273999166 501 (C) (3) 7500 0 NEIGHBORHOOD NATURALIST SECOND HARVEST FOOD BANK 411 MERCY DRIVE ORLANDO FL 32805 592142315 501 (C) (3) 6000 0 TO SUPPORT PROGRAM ACTIVITIES KIDS GOLF FOUNDATION OF ILLINOIS 7S771 DUGAN RD SUGAR GROVE IL 60554 364226416 501 (C) (3) 5000 0 ARNOLD PALMER AND JERRY RICH SCHOLARSHIP 12 PART I, LINE 2: THE ORGANIZATION MONITORS ITS GRANTS BY REGULAR AND PERIODIC COMMUNICATION TO BOARD MEMBERS AND SUPPORT STAFF, REGARDING THE PROGRESS, SUCCESSES AND AREAS OF NEED IN THE RELATED PROGRAMS. 0 0 0 0 0 0 0 0 0 KEN BOEHNER BOARD CHAIR 174601 349202 0 0 0 0 0 0 0 0 174601 349202 0 0 SCH J, PART II KEN BOEHNER IS A LEASED EMPLOYEE FROM BAY HILL (AN UNRELATED ORGANIZATION). ARNOLD & WINNIE PALMER FOUNDATION, INC. PAYS FOR HIS USE. PAYMENTS ARE INCLUDED ON THE SCHEDULE L. TBHC INC DBA THE BAY HILL CLUB & LODGE SUPP INFO, NOTE 1 200799 PALMER FOUNDATION - OPERATIONAL COSTS SUCH AS OFFICE SUPPLIES, RENT, COMPUTER EQUIPMENT, CONSULTANTS AND OTHER ROUTINE EXPENSES RELATED TO RUNNING THE ORGANIZATION. 0 TBHC INC DBA THE BAY HILL CLUB & LODGE SUPP INFO, NOTE 2 710988 SALARIES - PALMER FOUNDATION REIMBURSES TBHC, INC. FOR THE COMPENSATION OF TBHC, INC. EMPLOYEES LEASED BY PALMER FOUNDATION FOR MANAGING AND OPERATING ORGANIZATIONAL ACTIVITIES 0 LATROBE COUNTRY CLUB INC SUPP INFO, NOTE 3 23861 PALMER FOUNDATION - EVENT MANAGEMENT AND OPERATIONAL COSTS SUCH AS OFFICE SUPPLIES, COMPUTER EQUIPMENT, CONSULTANTS AND OTHER ROUTINE EXPENSES RELATED TO HOSTING DONORS AND RUNNING THE ORGANIZATION. 0 PART IV, COLUMN B, NOTE 1 ENTITY MORE THAN 35% OWNED BY AMY P. SAUNDERS SEPARATE TRUST WITH AMY P. SAUNDERS AS THE BENEFICIARY. PART IV, COLUMN B, NOTE 2 ENTITY MORE THAN 35% OWNED BY AMY P. SAUNDERS SEPARATE TRUST WITH AMY P. SAUNDERS AS THE BENEFICIARY. PART IV, COLUMN B, NOTE 3 ENTITY MORE THAN 35% OWNED BY ARNOLD & WINNIE PALMER FOUNDATION, INC. FORM 990, PART VI, SECTION B, LINE 11B THE ORGANIZATION'S TOP MANAGEMENT OFFICIAL AND TOP FINANCIAL OFFICIAL EACH REVIEW THE FORM 990 PRIOR TO ITS FILING WITH THE IRS. A COPY OF THE FINAL FORM 990 IS ALSO PROVIDED TO THE VOTING MEMBERS OF THE ORGANIZATION'S GOVERNING BODY PRIOR TO ITS FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION'S CONFLICT OF INTEREST POLICY IS DISTRIBUTED TO EACH MEMBER OF THE ORGANIZATION'S GOVERNING BODY AND ITS OFFICERS ON AN ANNUAL BASIS. EACH SUCH INDIVIDUAL PROVIDES AN ANNUAL DISCLOSURE STATEMENT INDICATING THAT THEY HAVE RECEIVED, READ, UNDERSTOOD, AND AGREED TO COMPLY WITH THE POLICY, CERTIFYING THAT: (1) THEY HAVE NO RELATIONSHIPS OR INTEREST THAT PRESENT A CONFLICT OF INTEREST, (2) THEY HAVE ONE OR MORE CONFLICTS OF INTEREST THAT HAVE BEEN FULLY DISCLOSED AS REQUIRED BY THE POLICY AND HAVE BEEN PROPERLY ADMINISTERED IN CONFORMITY WITH THE POLICY, OR (3) THEY HAVE PREVIOUSLY UNDISCLOSED CONFLICTS OF INTEREST AND DISCLOSING THE DETAILS OF SUCH CONFLICTS. ANY DISCLOSURE STATEMENTS WITH PREVIOUSLY UNDISCLOSED CONFLICTS OF INTEREST ARE FORWARDED TO APPROPRIATE ORGANIZATION OFFICIALS TO TAKE APPROPRIATE ACTIONS AS REQUIRED BY THE POLICY. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION PROVIDES, UPON REQUEST, COPIES OF ITS ARTICLES OF INCORPORATION, BYLAWS, CONFLICT OF INTEREST POLICY, AND ITS FINANCIAL STATEMENTS. FORM 990, PART XII, FINANCIAL STATEMENTS AND REPORTING AUDITED FINANCIAL STATEMENTS PALMER FOUNDATION IS INCLUDED IN THE CONSOLIDATED AUDITED FINANCIAL STATEMENTS OF ARNOLD & WINNIE PALMER FOUNDATION AND ARNIE'S ARMY CHARITABLE FOUNDATION. THE AUDIT WAS CONDUCTED FOR THE YEAR (7/1/23 TO 6/30/24). THE FINANCIAL STATEMENTS ARE AUDITED BY AN INDEPENDENT ACCOUNTANT AND THE BOARD OF PALMER FOUNDATION ASSUMES RESPONSIBILITY FOR THE OVERSIGHT OF THE AUDIT AND THE SELECTION OF THE INDEPENDENT ACCOUNTANT. FORM 990, ADDITIONAL DISCLOSURE ARNOLD & WINNIE PALMER FOUNDATION, INC OWN ALL OUTSTANDING SHARES OF THE COMMON STOCK OF LATROBE COUNTRY CLUB, INC.. THE 990 DOES NOT INCLUDE THE OPERATIONS OF LATROBE COUNTRY CLUB, INC., INSTEAD, THE INCOME HAS BEEN REPORTED ON FORM 990-T. LEGENDS PROPERTY LLC 9000 BAY HILL BOULEVARD ORLANDO FL 32819 873970419 HOLDING ENTITY PA -166998 4956362 ARNOLD & WINNIE PALMER FOUNDATION INC ARNIE'S ARMY CHARITABLE FOUNDATION INC 9000 BAY HILL BOULEVARD ORLANDO FL 32819 813305976 TO SUPPORT ARNOLD & WINNIE PALMER FOUNDATION, INC. FL 501(C)(3) LINE 12B, II ARNOLD & WINNIE PALMER FOUNDATION INC 1 LATROBE COUNTRY CLUB INC 346 ARNOLD PALMER DRIVE LATROBE PA 15650 900305935 RECREATION/COUNTRY CLUB PA ARNOLD & WINNIE PALMER FOUNDATION INC S -80860 1249072 1.00000 1 0 0 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 ARNIE'S ARMY CHARITABLE FOUNDATION C 1000000 CASH LATROBE COUNTY CLUB INC M 23861 CASH ARNIE'S ARMY CHARITABLE FOUNDATION C 450000 ACCRUED