Overview
What is Astros Golf Foundation?
The Astros Golf Foundation is a 501(c)(3) charitable organization located in Houston, Texas. Situated at 501 Crawford St 500, this nonprofit's primary mission revolves around enriching Houstonians' lives and empowering the local community through golf. They achieved this goal by organizing the PGA Tour's Houston Open, held on November 10th-13th, 2022. This annual event brought together golf enthusiasts and raised funds for various charities within the Houston area. The Houston Open comprises an array of activities, including the Houston Pro-Am and Houston Junior Pro-Am, allowing individuals to engage with the game of golf and support local causes. The driving force behind the Astros Golf Foundation is its commitment to fostering golf in the city, particularly for underprivileged and youth populations.
Official website here: www.tchouopen.comastros
What are the reviews and ratings of this charity?
Charity Navigator Rating 77% - Three-Star out of Four Star rating
The Astros Golf Foundation has received a 77% rating on Charity Navigator, which translates to a Three-Star rating. This score reflects a strong emphasis on accountability and finance, highlighting the organization's commitment to transparency and responsible management. The foundation excels in several areas, including having a fully independent board and effective audit and oversight practices, which contribute positively to its overall accountability score.
Despite its strengths, the foundation faces challenges regarding its financial ratios, particularly the liabilities to assets ratio, where it scored poorly. However, it performs exceptionally well in terms of program expenses, indicating that nearly all of its expenditures are directed toward its programs. The absence of a whistleblower policy is noted as a limitation in its governance practices, which may warrant attention to enhance its operational integrity.
Overall, while the Astros Golf Foundation demonstrates a solid foundation in accountability and financial management, there are areas for improvement that could strengthen its governance and transparency further. The organization’s commitment to its mission is evident, and addressing these limitations could enhance its reputation and effectiveness in serving its community.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Astros Golf Foundation?
100% of 8 reviewers on Facebook recommend the Astros Golf Foundation. Here's a summary of their reviews:
The positive sentiment surrounding the organization highlights appreciation for its leadership, particularly regarding the tournament events they host. Reviewers express enthusiasm about upcoming activities and feel optimistic about their participation.
Overall, the foundation appears to foster a strong sense of community and engagement, making it an appealing option for those interested in golf-related charitable activities. It seems people are eager to get involved and support the foundation's mission.
This AI summary has been generated from reviews found on Facebook.
Is Astros Golf Foundation legitimate?
Astros Golf Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Astros Golf Foundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $607,196
Professional Fundraising Fees: $0
Other Salaries and Wages: $205,211
For more financial information, click here
Official website here: www.tchouopen.comastros
What is the mission statement of Astros Golf Foundation?
The Astros Golf Foundation strives to enrich the lives of Houstonians and empower the community through the game of golf. Its mission is to ensure the PGA Tour's Houston Open continues to positively influence the Houston community. The foundation aims to foster golf and introduce the sport to underprivileged individuals in the Houston area. Last year, the Houston Open, which took place from November 10th to 13th, 2022, raised funds for various 501(c)(3) charities in the Houston region. The Houston Open features the Houston Pro-Am and Houston Junior Pro-Am events, providing opportunities for individuals to engage with the golf community and support worthy causes.
Official website here: www.tchouopen.comastros
What is the revenue of Astros Golf Foundation?
Astros Golf Foundation's revenue in 2023 was $5,319,526.
Official website here: www.tchouopen.comastros
Who are the executives of Astros Golf Foundation and what are their salaries?
Here are 5 key members and their salaries:
- Compensation: $275,131
- Related: $0
- Other: $32,637
- Compensation: $232,064
- Related: $0
- Other: $26,738
- Compensation: $100,000
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.tchouopen.comastros
Where can I find the form 990 for Astros Golf Foundation?
Astros Golf Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.tchouopen.comastros
Learn more at the official website: www.tchouopen.comastros
Mission Statement of Astros Golf Foundation
Astros Golf Foundation, a charitable organization, is dedicated to enriching the lives of Houstonians and empowering the community through the game of golf. The foundation's primary goal is to ensure the PGA Tour's Houston Open continues to positively influence the Houston community. Astros Golf Foundation takes initiative to foster the game of golf and introduce it to underprivileged individuals in the Houston area.
The Astros Golf Foundation's mission unfolds in various ways. One of its significant contributions is associated with the annual Houston Open event. The tournament, played in November 2022, attracted numerous attendees and raised substantial funds for 501(c)(3) charities in the Houston community. This event included the Houston Pro-Am and the Houston Junior Pro-Am, creating opportunities for golf enthusiasts and youngsters to engage with the sport.
The Astros Golf Foundation goes beyond just hosting golf events. It is committed to making a difference in people's lives by introducing golf to underprivileged individuals. The organization's initiatives aim to provide opportunities and resources that encourage personal growth, skill development, and community building through the game of golf. The Astros Golf Foundation's efforts contribute to creating a positive impact on the people of Houston, making a difference one swing at a time.
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Impact
October, 2024
The Astros Golf Foundation significantly enriches the lives of Houstonians and empowers the community through the game of golf. By organizing events such as the Houston Open, which was held from November 10th to 13th, 2022, the foundation raises crucial funds for various 501(c)(3) charities in the Houston area. This PGA Pro Golf tournament not only showcases high-level golf but also includes events like the Houston Pro-Am and the Houston Junior Pro-Am, fostering a love for the game among participants of all ages.
The foundation's commitment to positively influencing the Houston community is evident in its mission to introduce golf to youth and underprivileged individuals. By providing access and opportunities, the Astros Golf Foundation plays a vital role in promoting the game's values and developing lifelong skills, ultimately contributing to the well-being and growth of the entire community.
This information is meant to be a general summary of Astros Golf Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $573,581
- Program Service Revenue: $125,617
- Gross Receipts: $5,319,526
Assets and Liabilities:
- Total Assets: $11,452,183
- Total Liabilities: $8,629,660
- Net Assets: $2,822,523
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
HOUSTON OPEN
Revenue
$125,617
Program 2
Revenue
$0
Program 3
Revenue
$0
Program 4
Revenue
$0
Program 5
Revenue
$0
Organization Details
Founding Year
2017
Principal Officer
Giles Kibbe
Website
www.tchouopen.comastrosNTEE Category
Code: T31 - Philanthropy
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