Southern Texas Professional Golfers Association Foundation

Organization Overview

Southern Texas Professional Golfers Association Foundation is located in Spring, TX. The organization was established in 1995. According to its NTEE Classification (N6A) the organization is classified as: Golf, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Southern Texas Professional Golfers Association 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 12/2021, Southern Texas Professional Golfers Association Foundation generated $3.1m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 8.4% each year. All expenses for the organization totaled $2.9m during the year ending 12/2021. While expenses have increased by 8.6% per year over the past 7 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO INTRODUCE AND PROVIDE YOUTH IN SOUTH TEXAS BROAD OPPORTUNITIES TO EXPERIENCE THE GAME OF GOLF, DEVELOP THEIR TALENT AS PLAYERS AND THEMSELVES AS INDIVIDUALS AND PROMOTE SCHOLARSHIP BENEFITS TO AS MANY QUALIFIED CANDIDATES AS POSSIBLE. THE STPGA FOUNDATION WILL UPHOLD THE HIGH DEGREE OF PROFESSIONALISM NECESSARY TO MOTIVATE YOUNG MEN AND WOMEN TO STRIVE FOR PERSONAL INTEGRITY, HONOR, AND IDEALS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE SOUTHERN TEXAS PGA FOUNDATION RUNS SEVERAL YOUTH GOLF PROGRAMS INCLUDING TOURNAMENTS AND CLINICS. THE PROGRAMS ARE INSTRUCTIONALLY BASED, TARGETING THE RULES OF GOLF AND ETIQUETTE, AS WELL AS GOLF FUNDAMENTALS.IN ADDITION, THE SOUTHERN TEXAS PGA FOUNDATION ANNUALLY AWARDS SCHOLARSHIPS TO PROMOTE THE ATTAINMENT OF HIGHER EDUCATION GOALS FOR YOUTH THAT HAVE DEMONSTRATED A HIGH LEVEL OF ACHIEVEMENT IN HIGH SCHOOL AND COLLEGE, AND HAVE DEMONSTRATED A FINANCIAL NEED. SINCE 1999, THE SOUTHERN TEXAS PGA FOUNDATION HAS AWARDED MORE THAN 370 SCHOLARSHIPS VALUED AT OVER $982,000.


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Board, Officers & Key Employees

Name (title)Compensation
James Brown
President
$0
Rich Ballinger
Secretary
$0
Bryan Minnick
Vice President
$0
Thomas Hutton
Executive Director
$0
Doug Desive
Honorary President
$0
Andrew Peterson
Presidential Appointee
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$32,435
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$372,744
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$405,179
Total Program Service Revenue$2,655,945
Investment income $30
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $12,043
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $3,073,197

Grants Recieved

Over the last fiscal year, we have identified 3 grants that Southern Texas Professional Golfers Association Foundation has recieved totaling $39,000.

Awarding OrganizationAmount
Pga Tour Inc

Ponte Vedra Beach, FL

PURPOSE: GENERAL SUPPORT

$20,000
Greater Houston Community Foundation

Houston, TX

PURPOSE: HUMAN SERVICES

$10,000
Community Foundation Of New Jersey

Morristown, NJ

PURPOSE: GENERAL SUPPORT

$9,000
View Grant Recipient Profile

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