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Filing year 2024

HERITAGE CLASSIC FOUNDATION

Hilton Head Island, South Carolina·EIN 57-0835114·NTEE T70Z · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
$19M
Total assets
$16.8M
Total expenses
$16.5M
Reported officers
23
Mission

THE HERITAGE CLASSIC FOUNDATION'S PRIMARY EXEMPT PURPOSE IS TO DISTRIBUTE THE NET PROFITS FROM A PGA TOUR EVENT TO LOCAL AND STATEWIDE CHARITIES.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 5 reported individuals · Filing year 2024

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

President & CEO
75th to 90th percentilevs Philanthropy, Voluntarism & Grantmaking peers in South Carolina
$310k
$329k
Base
$310k
Bonus
Other
Benefits
VP Sales & Marketing
Board Vice President
Above 90th percentile
$265k
$281k
Base
$265k
Bonus
Other
Benefits
Director of Corporate Sales
Unclassified
$199k
$211k
Base
$199k
Bonus
Other
Benefits
VP Operations
Board Vice President
Median to 75th percentile
$117k
$124k
Chairman
Board Chair
25th percentile to median
$18k
$19k

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 18 unpaid individuals.

Browse compensation in Philanthropy, Voluntarism & Grantmaking

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at HERITAGE CLASSIC FOUNDATION equaled 2% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

This organization (2024)
2%
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.

Funded by

Private foundations whose Form 990-PF Part XV grants matched this organization.

Down 28%
from 2023

From $432k in 2023 to $310k in 2024.

$432k
2023
$310k
2024
In today's dollarsEst.
Down 30% in real terms$472k to $329k

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 rose 11% from 2023 to 2024, while revenue rose 31%.

$279k in 2023 to $310k in 2024.
  • Board Vice President pay fell 39% from 2023 to 2024.
  • Board Chair pay held roughly steady from 2023 to 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

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 HERITAGE CLASSIC FOUNDATION

What does the Chief Executive Officer of HERITAGE CLASSIC FOUNDATION earn?

In 2024, the Chief Executive Officer of HERITAGE CLASSIC FOUNDATION received $309,866 in total compensation. This pay is in the top quarter for Chief Executive Officer roles among Philanthropy, Voluntarism & Grantmaking organizations in South Carolina, though not the top 10% of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at HERITAGE CLASSIC FOUNDATION compare with similar nonprofits?

Compared with the same role at Philanthropy, Voluntarism & Grantmaking organizations in South Carolina, the 2024 pay of the Chief Executive Officer at HERITAGE CLASSIC FOUNDATION falls between the 75th and 90th percentiles. In 2024, the highest total compensation at HERITAGE CLASSIC FOUNDATION equaled 2% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

What are HERITAGE CLASSIC FOUNDATION's revenue and expenses?

In 2024, HERITAGE CLASSIC FOUNDATION reported $19M in total revenue and $16.5M in total expenses on its IRS Form 990.

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