Impact Through Golf Foundation is located in La Quinta, CA. According to its NTEE Classification (T30) the organization is classified as: Public Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Impact Through Golf 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 06/2022, Impact Through Golf Foundation generated $10.2m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (9.6%) each year. All expenses for the organization totaled $10.1m during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (9.7%) per year over the past 3 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Impact Through Golf Foundation has awarded 125 individual grants totaling $4,032,500. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
IN PARTNERSHIP WITH THE PGA TOUR, TO RAISE FUNDS THROUGH ITS OPERATION OF A PGA TOUR-SANCTIONED GOLF TOURNAMENT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
OPERATES A PGA TOUR-SANCTIONED GOLF TOURNAMENT WHICH WILL PROVIDE ASSISTANCE TO VARIOUS CHARITIES, INCLUDING ORGANIZATIONS IN THE COACHELLA VALLEY, CA AREA.
OPERATES A PGA TOUR-SANCTIONED GOLF TOURNAMENT WHICH WILL PROVIDE ASSISTANCE TO VARIOUS CHARITIES, INCLUDING ORGANIZATIONS IN THE COACHELLA VALLEY, CA AREA.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Robert Diamond Director | Trustee | 1 | $0 |
Linda Evans Director | Trustee | 1 | $0 |
Robert Kain Director | Trustee | 1 | $0 |
James Mccain Director | Trustee | 1 | $0 |
John Veihmeyer Director | Trustee | 1 | $0 |
Frank Marzano Chairman | Officer | 10 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $3,720,790 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $10,170,338 |
Investment income | $0 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $10,170,338 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $1,000,000 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $500,000 |
Fees for services: Legal | $124 |
Fees for services: Accounting | $60,897 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $941,184 |
Advertising and promotion | $460,925 |
Office expenses | $16,966 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $12,926 |
Travel | $579 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $0 |
All other expenses | $3,000 |
Total functional expenses | $10,096,307 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $2,091,727 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $500,215 |
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 | $32,690 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $3,935 |
Total assets | $2,628,567 |
Accounts payable and accrued expenses | $273,052 |
Grants payable | $1,212,058 |
Deferred revenue | $1,034,993 |
Tax-exempt bond liabilities | $0 |
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 | $0 |
Total liabilities | $2,520,103 |
Net assets without donor restrictions | $108,464 |
Net assets with donor restrictions | $0 |
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 | $2,628,567 |
Over the last fiscal year, Impact Through Golf Foundation has awarded $1,945,000 in support to 75 organizations.
Grant Recipient | Amount |
---|---|
FOOD IN NEED OF DISTRIBUTION PURPOSE: Program Support | $85,000 |
COACHELLA VALLEY RESCUE MISSION PURPOSE: Program Support | $50,000 |
DESERT ARC PURPOSE: Program Support | $50,000 |
FIRST TEE - COACHELLA VALLEY PURPOSE: Program Support | $50,000 |
KPMG US FOUNDATION INC PURPOSE: Program Support | $50,000 |
MARTHA'S VILLAGE AND KITCHEN PURPOSE: Program Support | $50,000 |