EIN 59-1761556

Carolinas Golf Foundation

IRS 501(c) type
501(c)(3)
Num. employees
0
City
Southern Pines
Year formed
1977
Most recent tax filings
2023-12-01
Description
Carolinas Golf Foundation provides scholarships, funding for golf initiatives, supports aspiring golf superintendents and turfgrass managers, and donates to various junior golf programs.
Related structure
Carolinas Golf Foundation is a subordinate organization under Carolinas Golf Association.
Total revenues
$217,222
2023
Total expenses
$191,243
2023
Total assets
$691,405
2023
Num. employees
0
2023

Program areas at Carolinas Golf Foundation

The Foundation's scholarship program supports students who are aspiring to become Golf superintendents and turfgrass managers in the Carolinas. The Carolinas Golf Foundation underwrites grants to turfgrass majors at clemson university and north carolina state university. Individual grants varied in value up to $2,000. Charles e. lynch jr., cga counsel, noted, "this year's winners are the men and women who will direct tomorrow's turf programs. They will discover solutions for future turfgrass problems. We are pleased to participate in endowing this ongoing program." The Carolinas Golf Foundation first offered scholarship aid to turfgrass majors in 1977. The Foundation also started a more expansive scholarship program in 2020 by giving $25,000 to several students who excel in grade, community work and who also have an interest in Golf. The Carolinas Golf Foundation has provided more than $1,500,000 over the last 37 years for various projects and scholarships. A partial list of the groups the Carolinas Golf Foundation has provided with financial backing and resources: Carolinas pga, challenged golfers network, clemson scholarships, cgcsa round4research, fairway outreach, harris ymca, lpga/usga girls programs, myrtle beach junior Golf Foundation, nc state scholarships, ncwga, seven first tee programs, salvation army project, sc junior Golf association, six community college programs, triad youth Golf Foundation, wcga, wilmington junior Golf academy, wscga Foundation, youth on course, and general scholarships.
The Carolinas Golf Foundation also concentrates research grant aid at clemson university and north carolina state university through rounds4research.
The Foundation has donated to various junior Golf programs including over nine Carolinas first-tee programs, several city-wide developmental programs, the south carolina junior Golf association, the women's south carolina Golf association, youth on course and many other start-up initiatives.

Grants made by Carolinas Golf Foundation

GranteeGrant descriptionAmount
The First Tee of the SandhillsTo Help Support Their Tournaments and Programs$11,250
First Tee Coastal CarolinasTo Help Support Their Tournaments and Programs$10,000
SwingpalsTo Help Support Golf Program for Minority Children Living in Durham, NC$10,000
...and 16 more grants made

Who funds Carolinas Golf Foundation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Carolinas Golf AssociationTo Fund Turfgrass Research and Scholarships and To Assist Junior Golf and Growth of the Game Initiatives.$227,750
Champions for EducationSupport$8,500
Wyndham ChampionshipTo Provide Scholarships and Funding for A Variety of Carolinas-Based Golf Initiatives.$6,650
...and 5 more grants received

Personnel at Carolinas Golf Foundation

NameTitleCompensation
John L NanceExecutive Director$0
Charles E LynchGeneral Counsel and Trustee$0
Rion MooreSecretary$0
Rick RiddleVice President$0
Lawrence HicksTreasurer and Trustee$0
...and 5 more key personnel

Financials for Carolinas Golf Foundation

RevenuesFYE 12/2023
Total grants, contributions, etc.$422,297
Program services$0
Investment income and dividends$5,882
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$-210,957
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$217,222

Form 990s for Carolinas Golf Foundation

Fiscal year endingDate received by IRSFormPDF link
2023-122024-11-13990View PDF
2022-122023-07-10990View PDF
2021-122022-06-15990View PDF
2020-122021-12-15990View PDF
2020-122021-08-23990View PDF
...and 10 more Form 990s
Data update history
November 24, 2024
Received grants
Identified 2 new grant, including a grant for $6,650 from Wyndham Championship
July 8, 2024
Received grants
Identified 2 new grant, including a grant for $8,500 from Champions for Education
December 23, 2023
Received grants
Identified 2 new grant, including a grant for $5,000 from James and Mildred Wilkinson Charitable Foundation
August 25, 2023
Posted financials
Added Form 990 for fiscal year 2022
August 23, 2023
Updated personnel
Identified 2 new personnel
Nonprofit Types
Grantmaking organizationsRecreational clubsAmateur sports clubsChapter / child organizationsCharities
Issues
EducationHuman servicesSports
Characteristics
MembershipsProvides grantsPartially liquidatedFundraising eventsAuction fundraisersTax deductible donationsNo full-time employees
General information
Address
140 Ridge Rd
Southern Pines, NC 28387
County
Moore County, NC
Phone
(910) 673-1000
IRS details
EIN
59-1761556
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1977
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
N60: Amateur Sports Clubs, Leagues
NAICS code, primary
713910: Golf Courses and Country Clubs
Parent/child status
Subordinate organization
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