Tiger Woods Charity Event Corp
Public records show a registered, tax-exempt organization in good standing.
What it says it does
TO FUNCTION AS A SUPPORTING ORGANIZATION IN THE FURTHERANCE OF THE CHARITABLE ACTIVITIES, EDUCATIONAL PROGRAMS FOR YOUTH, AND THE GOALS OF THE TIGER WOODS FOUNDATION, INC., A PUBLICLY SUPPORTED ORGANIZATION FORMED AND QUALIFIED UNDER SECTION 501(C)(3) OF THE IRC.
- Income
- $55.5 million
- Spending
- $55.5 million
- Spent on programs
- 98%
- Reserves
- 0.2 months of spending
- Largest source of income
- fees for its services, 90%
- Employees
- 28
- Volunteers
- 1,109
- Highest pay
- $395,503, coo/treasurer
Source: Form 990 for the year ending September 30, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Weak: 48 out of 100. Higher than 8% of charities in its peer group (philanthropy, $10m to $100m).
Reserves
4 of 35Spendable reserves would cover 0.2 months of spending.
Debt
2 of 20It owes 96% of what it owns.
Living within its means
12 of 15Income exceeded spending by 0% of income.
Income trend
15 of 15Income rose 12% on the year before.
Spending floor
15 of 1598% of spending went to programs and raising each dollar of donations cost 14 cents.
Source: Form 990 for the year ending September 30, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Strong: 93 out of 100. Higher than 27% of charities in its peer group (philanthropy, $10m to $100m).
Independent board
18 of 252 of 3 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
7 of 7Has a written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Pay set independently
5 of 5Sets its chief executive's pay through independent review and comparison.
Independent check of accounts
15 of 15Its accounts were audited by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending September 30, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (1)
- $54.5 million spent. TGR LIVE RAISES FUNDS FOR THE TGR FOUNDATION AND ITS EDUCATIONAL PROGRAMS. THE CHARITY CREATES UNIQUE EXPERIENCES FOR ALL DONORS AND GUESTS, WHILE HELPING YOUNG SCHOLARS AND STUDENTS TO ACHIEVE THEIR LIFE GOALS THROUGH TGR FOUNDATION'S EDUCATIONAL PROGRAMS. TGR LIVE PRODUCED 5 CHARITABLE EVENTS DURING THE YEAR OF 10/01/2023 THROUGH 9/30/2024. FOR DETAILED EVENT INFORMATION SEE SCHEDULE O. PROGRAM SERVICE ACCOMPLISHMENTS TGR JR INVITATIONAL 2023 THE SECOND-ANNUAL TGR JR INVITATIONAL PRESENTED BY TAYLORMADE TOOK PLACE OCTOBER 7-9, 2023. HELD AT PEBBLE BEACH RESORTS, THE EVENT BROUGHT TOGETHER A DIVERSE GROUP OF YOUNG GOLFERS AGES 10 TO 18. 30 BOYS AND 30 GIRLS COMPETED IN THE EVENT WHICH FEATURED THREE QUALIFYING ROUNDS AT THE HAY ON SUNDAY, FOLLOWED BY CHAMPIONSHIP AND CONSOLATION MATCHES AT THE LINKS AT SPANISH BAY ON MONDAY. THE JUNIOR GOLFERS WERE TREATED TO AN EVENING THEY WILL NEVER FORGOT ON SUNDAY, AS TIGER WOODS AND TAYLORMADE CEO DAVID ABELES TOOK PART IN A Q&A PANEL AT THE EVENT'S EVENING FUNCTION. TIGER WOODS INVITATIONAL 2023 IN THE TWELFTH EDITION OF THE TIGER WOODS INVITATIONAL PRESENTED BY USLI, A FULL FIELD OF 120 GOLFERS PARTICIPATED IN THE THREE-DAY EVENT FROM OCTOBER 9-11, 2023. TIGER WOODS WAS JOINED BY MAX HOMA FOR AN EXHIBITION ON MONDAY AT MONTEREY PENINSULA COUNTRY CLUB. TUESDAY INCLUDED GOLF AT PEBBLE BEACH GOLF LINKS AND AN EVENING EVENT ON THE EIGHTEENTH GREEN FEATURING GLOW GOLF. WEDNESDAY'S FINAL ROUND TOOK PLACE AT SPYGLASS HILL GOLF COURSE, CLOSING OUT THE THREE-DAY FUNDRAISING EVENT IN SUPPORT OF THE TGR FOUNDATION. HERO WORLD CHALLENGE 2023 THE HERO WORLD CHALLENGE RETURNED TO ALBANY, BAHAMAS, FROM NOVEMBER 27 - DECEMBER 3, 2023, WITH THOUSANDS OF FANS IN ATTENDANCE. THE TOURNAMENT FEATURED 20 OF THE PGA TOUR'S TOP PLAYERS, WITH WORLD NUMBER ONE SCOTTIE SCHEFFLER EMERGING VICTORIOUS. THE EVENT INCLUDED A PRO-AM TOURNAMENT FOR SPONSORS AND GUESTS, AS WELL AS EVENING FUNCTIONS, ALL IN SUPPORT OF THE TGR FOUNDATION. GENESIS INVITATIONAL 2024 THE 2024 GENESIS INVITATIONAL HELD FEBRUARY 12-18, 2024, FEATURED A HISTORIC FINAL ROUND FROM CHAMPION HIDEKI MATSUYAMA. IT WAS THE LOWEST CLOSING ROUND AT RIVIERA IN TOURNAMENT HISTORY. THE WEEK WAS MARKED WITH TENS OF THOUSANDS OF FANS IN ATTENDANCE IN THE FIRST YEAR OF THE LIMITED FIELD EVENT WITH ONLY 72 PLAYERS COMPETING. ALL EVENT PROCEEDS FROM TICKET AND HOSPITALITY SALES, PRO-AMS AND AUCTIONS RAISED FUNDS FOR THE TGR FOUNDATION. TIGER JAM 2024 HELD MAY 31 JUNE 1, 2024, TIGER JAM PRESENTED BY DRAFTKINGS WAS HELD AT ARIA RESORT AND SHADOW CREEK GOLF COURSE IN LAS VEGAS. THE TWO-DAY GOLF EVENT FEATURED A CHARITY POKER EVENT IN PARTNERSHIP WITH THE WORLD POKER TOUR AND MUSICAL ENTERTAINMENT BY MAROON 5. TGR FOUNDATION STUDENTS SPOKE ABOUT THEIR EXPERIENCE, HIGHLIGHTING TO GUESTS THE IMPACT THE FOUNDATION IS MAKING ON THE LIVES OF YOUTH. GUESTS ENJOY A LIVELY ATMOSPHERE WITH CURATED EXPERIENCES, RECEPTION & GOURMET DINING, AND A CHARITY AUCTION WHICH BENEFITS THE TGR FOUNDATION. NEXUS CUP 2024 HOSTED BY TIGER WOODS, THE FIFTH ANNUAL NEXUS CUP WAS HELD SEPTEMBER 9-10, 2024. THE EXCLUSIVE 72-PLAYER AMATEUR TEAM GOLF EVENT FEATURED TWO DAYS OF TEAM MATCH PLAY WITH SPECIAL GUEST APPEARANCES BY PGA TOUR PROS RICKIE FOWLER, WILL ZALATORIS, LUCAS GLOVER AND COLT KNOST. PROCEEDS FROM THE EVENT SUPPORT STUDENTS THROUGH TGR FOUNDATION'S EDUCATION PROGRAMS.
Source: Form 990 for the year ending September 30, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated September 30, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated September 10, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending September 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since November 1999.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 7, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.