PGA TOUR INC

In addition to promoting and building the sport of professional golf, pga tour, inc. Is committed to generating substantial charitable contributions in the communities where its tournaments are played, even though pga tour, inc. Is not a charitable irc section 501(c)(3) organization. A majority of the tournaments are operated by charitable organizations that give the net proceeds from the tournament to local charities. Areas of support include, but are not limited to, healthcare, education, youth development, disaster relief, food banks, military, and environment. The pga tour also continues its 10-year, $100+ million commitment to support nonprofit organizations that address the disparities that disproportionately affect black citizens and underrepresented and underserved populations. With this increased focus to improve the pga tour's understanding and collaboration with its partners and communities, at the time of filing this return, $174 million has been generated, driving impact across communities. To date, tournaments across the pga tour have generated more than $4 billion of total charitable donations since the first $10,000 contribution was made in 1938. The pga tour's substantial involvement in the charitable world provides a platform for its members to raise substantial charitable dollars through their individual foundations and fundraisers. Finally, it should be noted that, from time to time, the pga tour makes charitable donations to bona fide charities and foundations operated for, by, or in the name of pga tour, inc. Members.