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Filing year 2024

MASTERS TOURNAMENT FOUNDATION INC

Augusta, Georgia·EIN 27-4452110·NTEE T21 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
$34.6M
Total assets
$18.3M
Total expenses
$80.6M
Reported officers
11

Reported officers (all unpaid)

No paid executives reported in 2024. MASTERS TOURNAMENT FOUNDATION INC reported 11 unpaid officers and board members on its 990-PF.

Secretary and Treasurer
Director
President and CEO
Director
Director
Director
Director
Director
Director
Director
Director

Grants paid

Itemized grants reported on this foundation's 2024 Form 990-PF, Part XV.

Total granted

$1.7M

Itemized grants

11

Median grant

$200k

RecipientLocationPurposeAmount
MASTERS TOURNAMENT CHARITIES INCAUGUSTA, GACOMMUNITY SUPPORT, ENRICHMENT, AND FOSTER SPORT OF GOLF$62M
PGA TOUR FIRST TEE FOUNDATION INCPONTE VEDRA BEACH, FLFOSTER SPORT OF GOLF$500k
FIRST TEE OF AUGUSTAAUGUSTA, GAFOSTER SPORT OF GOLF$400k
PGA FOUNDATION INCPONTE VEDRA BEACH, FLFOSTER SPORT OF GOLF$200k
THE LPGA FOUNDATIONDAYTONA BEACH, FLFOSTER SPORT OF GOLF$200k
USGALIBERTY CORNER, NJFOSTER SPORT OF GOLF$200k
CAF AMERICAALEXANDRIA, VAFOSTER SPORT OF GOLF$108k
NATIONAL GOLF FOUNDATIONJUPITER, FLFOSTER SPORT OF GOLF$25k
THE GEORGIA GOLF & ENVIRONMENTAL FOUNDATION INCHARTWELL, GAFOSTER SPORT OF GOLF$25k
THE ENVIRONMENTAL INSTITUTE FOR GOLFLAWRENCE, KSFOSTER SPORT OF GOLF$15k
MASTERS TOURNAMENT CHARITIES INCAUGUSTA, GADISTRIBUTION OUT OF CORPUS-$62M
Compare this foundation's grantees

Funded by

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

Financial trend

Revenue and expenses over time

MASTERS TOURNAMENT FOUNDATION INC reported revenue and expenses across 2 filing years.

RevenueExpenses
$32.5M
$22.4M
2023
$34.6M
$80.6M
2024
Total revenue and total expenses from IRS Form 990 filings.

This is a private foundation. Peers are foundations of similar asset size ($10M - $25M), because foundation pay scales with assets under management, not revenue.

Sector benchmark

What Philanthropy, Voluntarism & Grantmaking executives earn in Georgia

MASTERS TOURNAMENT FOUNDATION INC reported no executive compensation in its latest filing. For context, the highest-paid executive at a comparable philanthropy, voluntarism & grantmaking organization in Georgia earns a median of $40,000.

25th percentile
$14k
Median
$40,000
75th percentile
$102k
90th percentile
$237k

These are philanthropy, voluntarism & grantmaking sector-wide figures, not this organization's reported pay. Based on 459 organizations across 459 filings (2021 – 2024).

See full Philanthropy, Voluntarism & Grantmaking pay data for Georgia
FAQ

Common questions about MASTERS TOURNAMENT FOUNDATION INC

What are MASTERS TOURNAMENT FOUNDATION INC's revenue and expenses?

In 2024, MASTERS TOURNAMENT FOUNDATION INC reported $34.6M in total revenue and $80.6M in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size ($10M - $25M), because foundation pay scales with assets under management, not revenue.