EIN 83-0873868

Rocket Mortgage Classic

IRS 501(c) type
501(c)(3)
Num. employees
0
Year formed
2018
Most recent tax filings
2023-09-01
Description
The Rocket Giving Fund's principal objective is to support the Detroit community and improve the quality of life for its people, while promoting the image of Detroit nationwide through organizing a world-class PGA Tour event, the Rocket Mortgage Classic. The tournament functions as their primary fundraising activity, benefiting educational and charitable purposes in the local area. This nonprofit organization is situated in Detroit, MI.
Also known as...
Rocket Giving Fund
Total revenues
$13,343,306
2023
Total expenses
$14,749,530
2023
Total assets
$3,083,441
2023
Num. employees
0
2023

Program areas at Rocket Mortgage Classic

Rocket Mortgage Classic - an annual sponsored pga tour golf tournament to take place in detroit, Michigan. The golf tournament will be structured as a charitable event with the goal of raising significant funds for the educational and charitable purposes of the corporation. The corporation will operate all aspects of the golf tournament including the planning, preparation and hosting. The golf tournament and related activities will serve as the primary fundraising activity in support of the corporation's mission. Funding will also be generated through event sponsorships, merchandise sales and donor gifts to the corporation through fundraising efforts leading up to and during the pga tour golf tournament and related events.

Grants made by Rocket Mortgage Classic

GranteeGrant descriptionAmount
United Way for Southeastern MichiganTo Support the Organizations Mission and the Detroit Community$1,221,585
People For Palmer ParkTo Support the Organizations Mission and the Detroit Community$175,000
The Children's Foundation / Children's Hospital of Michigan Foundation (CHMF)To Support the Organizations Mission and the Detroit Community$100,000
...and 4 more grants made

Who funds Rocket Mortgage Classic

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Total Health Care FoundationImprove the Health and Lives of People Living in High-Need Areas$150,000
Charities Aid Foundation of AmericaCharitable Donation$99,500
The US Charitable Gift TrustFor Recipient's Exempt Purpose$21,500
...and 3 more grants received

Personnel at Rocket Mortgage Classic

NameTitleCompensation
Matthew RizikTreasurer$0
Brian BrownDirector$0
Steve OgdenSecretary$0
Jay FarnerPresident$0
Julie BoothPast Treasurer and Director$0
...and 1 more key personnel

Financials for Rocket Mortgage Classic

RevenuesFYE 09/2023
Total grants, contributions, etc.$846,631
Program services$12,496,675
Investment income and dividends$0
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$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$13,343,306

Form 990s for Rocket Mortgage Classic

Fiscal year endingDate received by IRSFormPDF link
2023-092024-08-15990View PDF
2022-092023-08-17990View PDF
2021-122022-11-15990View PDF
2020-122021-11-15990View PDF
2019-122021-03-31990View PDF
...and 1 more Form 990
Data update history
September 22, 2024
Used new vendors
Identified 1 new vendor, including
September 21, 2024
Updated personnel
Identified 3 new personnel
July 9, 2024
Received grants
Identified 6 new grant, including a grant for $150,000 from Total Health Care Foundation
October 4, 2023
Updated personnel
Identified 1 new personnel
October 3, 2023
Posted financials
Added Form 990 for fiscal year 2022
Nonprofit Types
Grantmaking organizationsSports competitionsSports organizationsCharities
Issues
Human servicesSports
Characteristics
State / local levelCommunity engagement / volunteeringTax deductible donationsNo full-time employees
General information
Address
1050 Woodward Ave
Detroit, MI 48226
Metro area
Detroit-Warren-Dearborn, MI
County
Wayne County, MI
Phone
(313) 782-9500
IRS details
EIN
83-0873868
Fiscal year end
September
Taxreturn type
Form 990
Year formed
2018
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
N70: Amateur Sports Competitions
NAICS code, primary
7113: Promoters of Performing Arts, Sports, and Similar Events
Parent/child status
Independent
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