Arnies Army Charitable Events Foundation Inc

Organization Overview

Arnies Army Charitable Events Foundation Inc is located in Orlando, FL. The organization was established in 2017. According to its NTEE Classification (P11) the organization is classified as: Single Organization Support, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Arnies Army Charitable Events Foundation Inc 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 06/2022, Arnies Army Charitable Events Foundation Inc generated $29.9m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 4.7% each year. All expenses for the organization totaled $28.5m during the year ending 06/2022. While expenses have increased by 5.7% per year over the past 6 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 2017, Arnies Army Charitable Events Foundation Inc has awarded 21 individual grants totaling $778,806. 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

TO ASSIST ARNOLD & WINNIE PALMER FOUNDATION, INC. IN ACHIEVING ITS CHARITABLE PURPOSES.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE ORGANIZATION OPERATES THE ARNOLD PALMER INVITATIONAL, A HIGH-QUALITY PGA TOUR SANCTIONED GOLF TOURNAMENT, AS A MEANS OF GENERATING FUNDS TO DONATE TO ARNOLD & WINNIE PALMER FOUNDATION (PALMER FOUNDATION). PALMER FOUNDATION'S PURPOSE IS TO INVEST IN ORGANIZATIONS AND PROGRAMS THAT PROMOTE HEALTHY KIDS, YOUTH DEVELOPMENT, NATURE FOCUSED WELLNESS AND THE LEGACY OF ARNOLD PALMER IN GOLF AND AMERICAN HISTORY.


SUPPORT OF OTHER EXEMPT ORGANIZATIONS THAT PROMOTE THE CHARITABLE PURPOSES OF ARNOLD & WINNIE PALMER FOUNDATION, INC.


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Board, Officers & Key Employees

Name (title)Compensation
Amy Saunders
President & Board Chair
$0
Robert L Saunders III
Director
$0
Ken Boehner
Director
$38,444
Brian Battles
Secretary / Treasurer
$0

Financial Statements

Statement of Revenue
Federated campaigns$2,156
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$230,000
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$232,156
Total Program Service Revenue$29,684,236
Investment income $23,310
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales -$20,633
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $29,919,069

Grants Awarded

Over the last fiscal year, Arnies Army Charitable Events Foundation Inc has awarded $449,960 in support to 5 organizations.

Grant RecipientAmount

FIRST TEE OF CENTRAL FLORIDA - VIA PGA TOUR

PURPOSE: TO SUPPORT YOUTH DEVELOPMENT

$10,000

CENTRAL FLORIDA SPORTS COMMISSION

PURPOSE: TO SUPPORT YOUTH DEVELOPMENT

$9,500

CONSERVATION INTERNATIONAL FOUNDATION

PURPOSE: NATURE FOCUSED WELLNESS

$150,460

ROTARY CLUB OF DR PHILLIPS

PURPOSE: SUPPORTING THE WORK OF THE CLUB

$30,000

ORLANDO HEALTH PEDIATRIC ONCOLOGY

PURPOSE: MEDICAL CARE FOR CHILDREN

$250,000
View Grant Profile

Peer Organizations

Organization NameAssets
Trustbridge Inc
West Palm Beach, FL
$47,927,376
Empath Health Inc
Lakewood Ranch, FL
$30,446,290
Arnies Army Charitable Events Foundation Inc
Orlando, FL
$29,919,069
Roi Fund Inc
Atlanta, GA
$0
Morselife Foundation Inc
West Palm Beach, FL
$7,346,823
Trustbridge Foundation Inc
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National Foundation For Youth Inc
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$2,108,846
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$1,469,118
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$501,492
Abch Foundation
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$858,119
Hospice Foundation Of Palm Beach County Inc
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$1,017,679
Foundation Of The Methodist Home Of South Georgia Conference Inc
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$1,879,400
Prospera North Carolina Llc
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$1,519,000
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$907,597
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