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Filing year 2023

FOREKIDS FOUNDATIONS INC DBA ZURICH CLASSIC OF NEW ORLEANS

Avondale, Louisiana·EIN 58-1940111·NTEE T22Z · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
$19.1M
Total assets
$15.5M
Total expenses
$17.6M
Reported officers
18
Mission

THE PRIMARY PURPOSE OF THE FOUNDATION IS THE PROMOTION OF SOCIAL WELFARE FOR THE COMMUNITY OF NEW ORLEANS BY PROMOTING, MANAGING, AND SPONSORING AN ANNUAL PGA TOUR GOLF TOURNAMENT.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 2 reported individuals · Filing year 2023

Percentile bands compare each position's total pay with the same role at Philanthropy, Voluntarism & Grantmaking organizations in Louisiana.

CEO
Above 90th percentile
$454k
$496k
Base
$300k
Bonus
$78k
Other
Benefits
$63k
VP of Sales & Marketing
Board Vice President
75th to 90th percentilevs Philanthropy, Voluntarism & Grantmaking peers nationwide
$216k
$236k
Base
$140k
Bonus
$45k
Other
Benefits
$24k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 16 unpaid individuals.

Browse compensation in Philanthropy, Voluntarism & Grantmaking

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at FOREKIDS FOUNDATIONS INC DBA ZURICH CLASSIC OF NEW ORLEANS equaled 3% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

This organization (2023)
3%
Sector median
15%
Middle half of sector
5% to 24%

Based on 35,946 philanthropy, voluntarism & grantmaking organizations, each measured at its most recent filing year with reported expenses and compensation.

Held steady
from 2022

From $453k in 2022 to $454k in 2023.

$453k
2022
$454k
2023
In today's dollarsEst.
Down 4% in real terms$517k to $496k

Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Chief Executive Officer pay held roughly steady from 2022 to 2023, while revenue rose 9%.

$453k in 2022 to $454k in 2023.
  • Board Vice President pay rose 3% from 2022 to 2023.

Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about FOREKIDS FOUNDATIONS INC DBA ZURICH CLASSIC OF NEW ORLEANS

What does the Chief Executive Officer of FOREKIDS FOUNDATIONS INC DBA ZURICH CLASSIC OF NEW ORLEANS earn?

In 2023, the Chief Executive Officer of FOREKIDS FOUNDATIONS INC DBA ZURICH CLASSIC OF NEW ORLEANS received $453,965 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among Philanthropy, Voluntarism & Grantmaking organizations in Louisiana: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Chief Executive Officer pay at FOREKIDS FOUNDATIONS INC DBA ZURICH CLASSIC OF NEW ORLEANS compare with similar nonprofits?

Compared with the same role at Philanthropy, Voluntarism & Grantmaking organizations in Louisiana, the 2023 pay of the Chief Executive Officer at FOREKIDS FOUNDATIONS INC DBA ZURICH CLASSIC OF NEW ORLEANS falls in the top 10%. In 2023, the highest total compensation at FOREKIDS FOUNDATIONS INC DBA ZURICH CLASSIC OF NEW ORLEANS equaled 3% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

What are FOREKIDS FOUNDATIONS INC DBA ZURICH CLASSIC OF NEW ORLEANS's revenue and expenses?

In 2023, FOREKIDS FOUNDATIONS INC DBA ZURICH CLASSIC OF NEW ORLEANS reported $19.1M in total revenue and $17.6M in total expenses on its IRS Form 990.

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