Tiger Woods Foundation Inc, operating under the name Tgr Foundation, is located in Anaheim, CA. The organization was established in 2005. According to its NTEE Classification (B20) the organization is classified as: Elementary & Secondary Schools, under the broad grouping of Education and related organizations. As of 09/2023, Tgr Foundation employed 62 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Tgr Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 09/2023, Tgr Foundation generated $16.0m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 7.2% each year. All expenses for the organization totaled $11.7m during the year ending 09/2023. While expenses have increased by 1.7% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Tgr Foundation has awarded 109 individual grants totaling $11,585,877. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
A NON-PROFIT THAT OPERATES SCHOOL FACILITIES,TEACHER TRAINING & EDUCATIONAL PROGRAMS FOR YOUTH.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SCHOOL DAYTHE TGR LEARNING LAB ANAHEIM, OUR 35,000-SQ FT EDUCATIONAL FACILITY, SERVES ELEMENTARY SCHOOL STUDENTS AND THEIR CLASSROOM TEACHERS FROM ACROSS SOUTHERN CALIFORNIA. IN SEPTEMBER 2022 WE OPENED THE SCHOOL DAY PROGRAM TO 6TH GRADERS IN ADDITION TO OUR CORE 5TH GRADE AUDIENCE. WHAT AWAITS STUDENTS AND TEACHERS IS AN EXCITING WEEK OF IMMERSIVE, HANDS-ON SCIENCE, TECHNOLOGY, ENGINEERING AND MATH (STEM) LEARNING. WHETHER STUDENTS PARTICIPATE IN OUR FORENSIC SCIENCE OR MARINE SCIENCE CLASSES, EXPOSES STUDENTS TO STEM CAREERS AND SPARKS A PASSION FOR LEARNING.
TIGER WOODS FOUNDATION COMMUNITY GRANTS PROGRAMTIGER WOODS FOUNDATION COMMUNITY GRANTS PROGRAM ALSO PROVIDES SUPPORT TO LOCAL COMMUNITIES BY PROVIDING FUNDING TO ORGANIZATIONS THAT SPECIALIZE IN EDUCATION AND YOUTH DEVELOPMENT. SPECIFICALLY, THE GRANT PROGRAM SERVES ORGANIZATIONS THAT ENHANCE THE YOUTH LEARNING PROCESS. THIS PROGRAM SUPPORTS ORGANIZATIONS, PROGRAMS, AND PROJECTS BY INVITATION ONLY AND ALL GRANTS ARE SUBJECT TO PRE- AND POST-QUALIFICATIONS SUBJECT TO APPLICABLE FEDERAL GUIDELINES.
THE EARL WOODS SCHOLAR PROGRAMSUPPORTING HIGH-POTENTIAL STUDENTS WITH DEMONSTRATED NEED AND A COMMITMENT TO COMMUNITY SERVICE, THE EARL WOODS SCHOLAR PROGRAM PROVIDES FINANCIAL ASSISTANCE AND SO MUCH MORE. EACH EARL WOODS SCHOLAR RECEIVES A DEDICATED MENTOR, CAREER DEVELOPMENT, ENRICHMENT WORKSHOPS AND ONGOING COUNSEL FROM OUR STAFF. TO ENCOURAGE PERSONAL GROWTH AND ENHANCE PROFESSIONAL DEVELOPMENT, THE EARL WOODS SCHOLAR PROGRAM PROVIDES AN ARRAY OF CAREER PLANNING AND ENGAGEMENT OPPORTUNITIES FOR SCHOLARS ON AN ANNUAL BASIS. BEFORE BEGINNING THEIR FIRST YEAR OF COLLEGE, ALL INCOMING SCHOLARS ARE WELCOMED INTO THE PROGRAM THROUGH THE PRE-COLLEGE RETREAT, WHICH COVERS A SERIES OF TOPICS THAT HELP PREPARE STUDENTS FOR COLLEGE LIFE. ONE OF THE PROGRAM'S STAPLES IS THE WINTER WORKSHOP, HELD ANNUALLY AT THE FLAGSHIP TGR LEARNING LAB ANAHEIM. OVER THE COURSE OF THE THREE-DAY EVENT, SCHOLARS FROM AROUND THE COUNTRY PARTICIPATE IN INFORMATIVE WORKSHOPS THAT INCLUDE RESUME WRITING, INTERVIEW TRAINING, GRADUATE SCHOOL AND HUMAN RESOURCES PREPARATION, INDUSTRY PANELS AND NETWORKING EVENTS. THE CORNERSTONE OF THE EARL WOODS SCHOLAR PROGRAM IS ITS MENTOR NETWORK. THESE VALUABLE RELATIONSHIPS ARE LIFE-CHANGING FOR SCHOLARS, MANY OF WHOM ARE FIRST-GENERATION STUDENTS WITH LITTLE OR NO PRACTICAL GUIDANCE FOR CAREER AND COLLEGE PLANNING. EACH EARL WOODS SCHOLAR IS PARTNERED WITH A DEDICATED MENTOR WHO SERVES AS AN ADVOCATE, CAREER COACH, PERSONAL ADVISOR, AND ROLE MODEL THROUGHOUT THEIR COLLEGE EXPERIENCE. AN EMPHASIS ON REAL-LIFE WORK AND CULTURAL EXPERIENCES IS HIGHLY ENCOURAGED AMONG THE EARL WOODS SCHOLARS AS AN AVENUE TO BUILD POWER SKILLS, PREPARE FOR THE WORKPLACE AND FOSTER KNOWLEDGE OF A SPECIALIZED CAREER. THROUGH PROFESSIONAL ENRICHMENT OPPORTUNITIES, SUCH AS JOB SHADOWING, INTERNSHIPS, INTERVIEW PREP, INDUSTRY PANELS AND MORE, THE PROGRAM PROVIDES VALUABLE RESOURCES AND INFORMATION THAT ASSIST SCHOLARS IN BUILDING THEIR RESUMES AS THEY PURSUE THEIR CAREER ASPIRATIONS. THE EARL WOODS SCHOLAR PROGRAM SUPPORTS ITS SCHOLARS BEYOND OBTAINING A COLLEGE DEGREE. TO ENSURE EACH SCHOLAR HAS A CLEAR AND FOCUSED EXIT STRATEGY UPON GRADUATION, WE HELP CREATE A PERSONALIZED CAREER PLAN THAT SUPPORTS THEIR DEFINITION OF SUCCESS. EARLY IN THEIR COLLEGE CAREER, WE INTEGRATE KEY ELEMENTS, SUCH AS SELF-ASSESSMENTS, CAREER EXPLORATION, DECISION-MAKING, AND ACTION STEPS THAT CONTRIBUTE TO THE NEXT STAGES OF THEIR CAREER PATHS. STARTING IN THEIR THIRD YEAR OF COLLEGE, SCHOLARS ENGAGE IN MONTHLY COACHING CALLS TO DEVELOP PRACTICAL SKILLS AND CREATE STRATEGIES TAILORED TO THEIR INDIVIDUAL NEEDS. SCHOLARS ARE AWARDED A FOUR-YEAR RENEWABLE SCHOLARSHIP WITH EDUCATIONAL RESOURCES SUMMING UP TO A TOTAL OF $25,000. IN CALENDAR YEAR 2023, THE FOUNDATION PROVIDED SCHOLARSHIPS TO OVER 263 INDIVIDUALS, INCLUDING 102 IN THE CURRENT YEAR.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Gordon Mcneill Pres/sec/ceo (thru 12/22) | OfficerTrustee | 30 | $267,500 |
Mike D Mckee Chairman | OfficerTrustee | 1 | $0 |
Alexis Ohanian Director | Trustee | 1 | $0 |
Bill Woodley Director | Trustee | 1 | $0 |
Chris J Hubman Director | Trustee | 1 | $0 |
Danny Conway Director | Trustee | 1 | $0 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Cerity Partners Llc Investment Advisory | 9/29/23 | $236,484 |
Excel Sports Management Llc Consulting | 9/29/23 | $190,000 |
Rebecca Porter Consulting | 9/29/23 | $128,770 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $6,861,343 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $6,955,184 |
Noncash contributions included in lines 1a–1f | $123,964 |
Total Revenue from Contributions, Gifts, Grants & Similar | $13,816,527 |
Total Program Service Revenue | $23,400 |
Investment income | $1,183,145 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | -$153,372 |
Net Gain/Loss on Asset Sales | $74,442 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $15,962,093 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $1,010,000 |
Grants and other assistance to domestic individuals. | $151,050 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $1,207,287 |
Compensation of current officers, directors, key employees. | $206,238 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $3,073,599 |
Pension plan accruals and contributions | $114,779 |
Other employee benefits | $664,411 |
Payroll taxes | $313,697 |
Fees for services: Management | $0 |
Fees for services: Legal | $31,127 |
Fees for services: Accounting | $226,278 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $44,000 |
Fees for services: Investment Management | $597,331 |
Fees for services: Other | $971,630 |
Advertising and promotion | $160,791 |
Office expenses | $167,059 |
Information technology | $299,016 |
Royalties | $0 |
Occupancy | $700,346 |
Travel | $221,090 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $226,880 |
Interest | $424,136 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $494,081 |
Insurance | $299,413 |
All other expenses | $481 |
Total functional expenses | $11,650,580 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $750 |
Savings and temporary cash investments | $9,885,634 |
Pledges and grants receivable | $1,393,094 |
Accounts receivable, net | $193,007 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $1,570,370 |
Net Land, buildings, and equipment | $8,466,077 |
Investments—publicly traded securities | $57,766,068 |
Investments—other securities | $49,556,102 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $143,772 |
Total assets | $128,974,874 |
Accounts payable and accrued expenses | $1,800,976 |
Grants payable | $422,500 |
Deferred revenue | $529,421 |
Tax-exempt bond liabilities | $6,215,457 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $82,328 |
Total liabilities | $9,050,682 |
Net assets without donor restrictions | $115,745,361 |
Net assets with donor restrictions | $4,178,831 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $128,974,874 |
Over the last fiscal year, Tiger Woods Foundation Inc has awarded $1,005,000 in support to 8 organizations.
Grant Recipient | Amount |
---|---|
GENESIS INSPIRATION FOUNDATION PURPOSE: COMMUNITY SUPPORT | $500,000 |
BAHAMAS YOUTH FOUNDATION PURPOSE: COMMUNITY SUPPORT | $170,000 |
TAVISTOCK FOUNDATION PURPOSE: COMMUNITY SUPPORT | $80,000 |
PRIDE BOOSTER CLUB INC PAUL REVERE MIDDLE SCHOOL PURPOSE: COMMUNITY SUPPORT | $115,000 |
WAKE FOREST UNIVERSITY PURPOSE: COMMUNITY SUPPORT | $50,000 |
WORLD GOLF FOUNDATION PURPOSE: COMMUNITY SUPPORT | $50,000 |