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Nonprofit · EIN 59-3085528

THE LPGA FOUNDATION

Tax-exempt · DAYTONA BEACH, FL 32124

Financials

$11.6M$10.7M2023$10.5M$10.7M2024
Revenue Expenses · by fiscal year end
Financials of THE LPGA FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$10,482,084$10,736,443-$254,359$11,086,038$1,610,688$9,475,350
December 31, 2023990$11,606,595$10,748,858$857,737$10,088,757$1,310,647$8,778,110
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$3,814,735
Program service revenue
$6,439,720
Investment income
$300,295
Net income from fundraising events
-$72,666
Other revenue
-$72,666

Expenses

Grants and similar amounts paid
$1,002,209
Other salaries and wages
$826,440
Salaries, compensation and benefits (total)
$939,730
Professional fundraising fees
$0
Accounting fees
$75,496
Travel
$166,138
Depreciation
$393
Program services (functional)
$9,775,339
Management and general (functional)
$875,680
Fundraising (functional)
$85,424

Balance sheet and other

Total assets, start of year
$10,088,757
Total assets, end of year
$11,086,038
Total liabilities, end of year
$1,610,688
Net assets, end of year
$9,475,350
Land, buildings and equipment
$725
Publicly traded securities
$8,453,921
Net assets without donor restrictions
$4,418,557
Net assets with donor restrictions
$5,056,793
Gross receipts
$10,583,842
Employees
0
Volunteers
2,200
Year formed
1991
State of legal domicile
FL

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensationFrom related orgsOther / benefits
MOLLIE MARCOUX SAMAANCOMMISSIONER
Trustee or director
5$0$1,338,665$36,175
MARIAN MOORESECRETARY
Officer
10$0$549,737$27,537
KATHRYN MILTHORPEFORMER OFFICER
Former
0$0$412,745$27,588
NANCY HENDERSONPRESIDENT
Trustee or director, Officer
20$0$386,660$30,144
MARY SALTEREVP OF FINANCE (AS OF 03/24)
Officer
10$0$277,383$24,249
VICKI GOETZE-ACKERMANTRUSTEE
Trustee or director
1$0$109,305$25,754
LOUISE BALLTRUSTEE
Trustee or director
1$0$18,575$0
MIRIAM HERNANDEZ-KAKOLTRUSTEE
Trustee or director
1$0$0$0
JACQUELINE NICKELBERRYTRUSTEE
Trustee or director
1$0$0$0
SUSAN PIKITCHCHAIR
Trustee or director, Officer
1$0$0$0
JOSE TOMASTRUSTEE
Trustee or director
1$0$0$0
LYNETTE VANDERWARKERTRUSTEE
Trustee or director
1$0$0$0
CHEYENNE WOODSTRUSTEE
Trustee or director
1$0$0$0
SHERYL WILKERSONTRUSTEE
Trustee or director
1$0$0$0
JOHN ZACAMYTRUSTEE
Trustee or director
1$0$0$0
990 for the year ended December 31, 2023: 18 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
MOLLIE MARCOUX SAMAANCOMMISSIONER
Trustee or director
5$0$1,270,570$44,036
MARIAN MOORESECRETARY
Officer
10$0$476,861$30,340
KATHRYN MILTHORPETREASURER
Officer
10$0$389,493$31,238
NANCY HENDERSONPRESIDENT
Trustee or director, Officer
20$0$359,159$31,800
VICKI GOETZE-ACKERMANTRUSTEE
Trustee or director
1$0$95,534$31,364
LOUISE BALLTRUSTEE
Trustee or director
1$0$11,850$0
ERIN HAMRICKCHAIR
Trustee or director, Officer
1$0$0$0
MIRIAM HERNANDEZ-KAKOLTRUSTEE (AS OF 01/2023)
Trustee or director
1$0$0$0
SCOTT MCMILLENTRUSTEE
Trustee or director
1$0$0$0
JACQUELINE NICKELBERRYTRUSTEE
Trustee or director
1$0$0$0
SUSAN PIKITCHTRUSTEE
Trustee or director
1$0$0$0
SUSAN STINSONTRUSTEE
Trustee or director
1$0$0$0
JOSE TOMOSTRUSTEE (AS OF 01/2023)
Trustee or director
1$0$0$0
HILARY TOUHYTRUSTEE
Trustee or director
1$0$0$0
LYNETTE VANDERWARKERTRUSTEE (AS OF 01/2023)
Trustee or director
1$0$0$0
SHERYL WILKERSONTRUSTEE
Trustee or director
1$0$0$0
CHEYENNE WOODSTRUSTEE
Trustee or director
1$0$0$0
JOHN ZACAMYTRUSTEE
Trustee or director
1$0$0$0

Address and contacts

Address (IRS master file)
100 INTERNATIONAL GOLF DR, DAYTONA BEACH, FL 32124-1082
In care of
% KATHRYN H MILTHORPE
Principal officer (990 for 2024)
NANCY HENDERSON, 100 INTERNATIONAL GOLF DRIVE, DAYTONA BEACH, FL 32124
Signed the 990
MARY SALTER, CHIEF FINANCIAL OFFICER
Phone
(386) 274-6200
Return prepared by
GRANT THORNTON ADVISORS LLC

Mission

TO INSPIRE, EMPOWER AND TRANSFORM THE LIVES OF GIRLS AND WOMEN THROUGH THE GAME OF GOLF.

990 for the year ended December 31, 2024

Program accomplishments

  • THE LPGA FOUNDATION IS INVOLVED IN CONDUCTING A TOURNAMENT ON THE LPGA TOURNAMENT SCHEDULE. THE GOLF TOURNAMENT IS OPERATED BY THE FOUNDATION AND FUNDED BY THE REVENUES RAISED THROUGH SPONSORSHIPS, PRO-AM EVENTS, HOSPITALITY, ADMISSION AND OTHER REVENUES.
    Expenses $6,258,254 · revenue $6,439,720
  • DEVELOP AND MAINTAIN JUNIOR GOLF PROGRAMS ACROSS THE COUNTRY. THESE PROGRAMS ARE PRIMARILY FUNDED THROUGH CONTRIBUTIONS RECEIVED BY THE FOUNDATION.
    Expenses $2,732,894 · grants $541,203
  • DEVELOP AND MAINTAIN SCHOLARSHIP PROGRAMS WHICH PROVIDE SCHOLARSHIPSFOR JUNIOR GOLFERS BASED ON VARYING ELIGIBILITY CRITERIA, INCLUDINGNEED-BASED AWARDS, AS WELL AS AWARDS TO ASSIST WITH INCREASINGREPRESENTATION OF COMMUNITIES WHO HAVE TRADITIONALLY BEENUNDERREPRESENTED IN GOLF.
    Expenses $784,191 · grants $461,006
  • DEVELOP AND MAINTAIN A FINANCIAL ASSISTANCE FUND FOR QUALIFIED INDIVIDUALS WHO MAY BE IN NEED OF FINANCIAL ASSISTANCE AS A RESULT OF A SERIOUS ILLNESS, INJURY, OR OTHER HARDSHIP.

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
59-3085528
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2023
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B99)
Assets (IRS master file)
$11,086,038
Income (IRS master file)
$10,583,842

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$10,482,084$10,736,443$11,086,038XML
990December 2023$11,606,595$10,748,858$10,088,757XML
990December 2022$9,429,428$9,363,821$8,292,695IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS
990December 2017–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 59-3085528).

Questions about THE LPGA FOUNDATION

What is the EIN of THE LPGA FOUNDATION?
The employer identification number (EIN) of THE LPGA FOUNDATION is 59-3085528.
Is THE LPGA FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2023.
Are donations to THE LPGA FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does THE LPGA FOUNDATION file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of THE LPGA FOUNDATION due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did THE LPGA FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of THE LPGA FOUNDATION?
The 990 for the year ended December 31, 2024 names NANCY HENDERSON.
Who are the officers and directors of THE LPGA FOUNDATION?
The 990 for the year ended December 31, 2024 lists 15 people; 0 received compensation from the organization.
How much revenue does THE LPGA FOUNDATION have?
On its 990 for the year ended December 31, 2024 it reported revenue of $10,482,084, expenses of $10,736,443 and total assets of $11,086,038 at year end.

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