Usga Foundation

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 834639721 ✦ Liberty corner, NJ ✦ Designated as a 501(c)(3)

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Overview

What is Usga Foundation?

The Usga Foundation is a charitable organization, established with a primary objective to financially support the United States Golf Association (USGA) in fulfilling its charitable mission. Located in Liberty Corner, New Jersey, the foundation has the sole aim of promoting and preserving the spirit of golf, as well as carrying out activities that benefit, perform the functions of, or support the purpose of the USGA. The USGA is a recognized nonprofit entity, dedicated to advancing golf through various programs and initiatives. The Usga Foundation operates in accordance with the charitable, scientific, and educational principles outlined in Section 501(C)(3) of the Internal Revenue Code.


Official website here: www.usga.org

Is Usga Foundation legitimate?

Usga Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Usga 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: $690,873
Professional Fundraising Fees: $6,000
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.usga.org

What is the mission statement of Usga Foundation?

The Usga Foundation's primary objective is to provide financial support to the United States Golf Association (USGA) as it carries out its charitable programs. The foundation's activities are exclusively charitable, scientific, and educational, aimed at benefiting the USGA, an organization described in sections 501(C)(3) and 509(A)(1) of the Internal Revenue Code. The corporation's role is to conduct, support, or perform activities for the benefit of the USGA, with the purpose of promoting and preserving the best interests and the true spirit of the game of golf, as embodied in its ancient and honorable traditions. The foundation's activities are designed to accomplish the charitable, scientific, and educational purposes of the USGA.


Official website here: www.usga.org

Who is the CEO of Usga Foundation?

Charlie Pagnam is the Director of Usga Foundation.


Official website here: www.usga.org

What is the revenue of Usga Foundation?

Usga Foundation's revenue in 2022 was $5,818,948.


Official website here: www.usga.org

Who are the executives of Usga Foundation and what are their salaries?

There 3 volunteers at Usga Foundation.


Here are 8 key members and their salaries:


Mike Whan (Director)
  • Compensation: $0
  • Related: $1,703,585
  • Other: $150,791
Susan Pikitch (Chief Financial Officer)
  • Compensation: $0
  • Related: $685,551
  • Other: $80,966
Charlie Pagnam (Executive Director & Cpo)
  • Compensation: $610,345
  • Related: $0
  • Other: $80,528
Christopher Fraser (Secretary)
  • Compensation: $0
  • Related: $689,872
  • Other: $80,910
Anthony K Anderson (Chairman, Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
J Stuart Francis (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cathy Engelbert (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Davis (Former Director)
  • Compensation: $0
  • Related: $2,305,249
  • Other: $2,250


Official website here: www.usga.org

Where can I find the form 990 for Usga Foundation?

Usga Foundation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.usga.org

Learn more at the official website: www.usga.org

Mission Statement of Usga Foundation

The Usga Foundation, a charitable organization, is established with the primary objective of providing financial support to the United States Golf Association (USGA) as it pursues its programs aimed at advancing its charitable mission. The corporation's purpose is exclusively charitable, scientific, and educational, aligning with the Internal Revenue Code of 1986. Its mission is to carry out activities that benefit, perform the functions of, or support the purposes of the USGA, an organization recognized under sections 501(c)(3) and 509(a)(1) of the code. The Usga Foundation's programs and projects are designed to accomplish the charitable, scientific, and educational objectives of the USGA, with the aim of promoting and preserving the best interests and the true spirit of the game of golf, as embodied in its ancient and honorable traditions.

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Impact




October, 2024

The Usga Foundation significantly impacts the world of golf by providing essential financial support to the United States Golf Association (USGA), enabling it to advance various charitable initiatives. Through its funding, the foundation plays a crucial role in promoting projects and programs that are scientifically and educationally focused, all aimed at enhancing the sport of golf.

By prioritizing the preservation of golf's rich traditions and promoting its true spirit, the foundation helps to engage a diverse audience in the game, ensuring that golf remains accessible and relevant. Its commitment to charitable, scientific, and educational activities furthers the understanding of the game while also safeguarding its future.

The Usga Foundation's initiatives not only improve the quality of golfing experiences but also contribute to the sustainability of the sport, ensuring it thrives for generations to come. By supporting the USGA's mission, the foundation fosters community involvement, environmental stewardship, and the development of golfing talents, ultimately enriching the golf experience for players and fans alike.




This information is meant to be a general summary of Usga 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.

Revenue
$5,818,948 (2022)
Expenses
$2,461,887 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $116,558
  • Gross Receipts: $10,603,393

Assets and Liabilities:

  • Total Assets: $14,461,419
  • Total Liabilities: $10,686,283
  • Net Assets: $3,775,136

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Organization Details

Founding Year

2019

Principal Officer

Charlie Pagnam

Main Address

77 LIBERTY CORNER ROAD, LIBERTY CORNER, NJ, 07938

NTEE Category

Code: N11 - Recreation

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