Bluegrass Golf Foundation Inc
Public records show a registered, tax-exempt organization in good standing.
What it says it does
The Bluegrass Golf Foundation, Inc. ("Foundation") promotes and advances the game of golf as an amateur sport through tournaments and special events. Education about options and expectations for intercollegiate competition is provided publicly. The Foundation supports programs dedicated to youth development promoting golf and its life enhancing values. Planned activities include an extensive schedule of events for junior golfers with education programs available periodically.
- Income
- $350,226
- Spending
- $334,372
- Spent on programs
- 76%
- Reserves
- 1.3 months of spending
- Largest source of income
- fees for its services, 83%
- Employees
- 20
- Volunteers
- 12
- Highest pay
- $76,174, executive director
Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Good: 75 out of 100. Higher than 43% of charities in its peer group (recreation and sports, $250k to $1m).
Reserves
10 of 35Spendable reserves would cover 1.3 months of spending.
Debt
20 of 20It owes 0% of what it owns.
Living within its means
15 of 15Income exceeded spending by 5% of income.
Income trend
15 of 15Income rose 27% on the year before.
Spending floor
15 of 1576% of spending went to programs and raising each dollar of donations cost 0 cents.
Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Good: 76 out of 100. Higher than 78% of charities in its peer group (recreation and sports, $250k to $1m).
Independent board
25 of 2512 of 12 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
0 of 8Reports no written whistleblower policy.
Record keeping policy
0 of 7Reports no 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
6 of 15Its accounts were not audited or reviewed 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 December 31, 2025, 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 (3)
- $14,816 spent. The Bluegrass Golf Tour conducted the Cullan Brown Invitational to generate contributions to the Cullan Brown Memorial West Kentucky Junior Golf Development Fund. A total of $3,050 in contributions were generated paid to the Memorial Fund with a direct check from the Bluegrass Golf Foundation.
- $219,257 spent. A total of 84 additional tournaments consisting of open or invitational events were conducted in 2025. Each event contributes to expenses based on tournament expenses to host facilities, awards, processing fees, information technology, travel expenses, and other event related expenses.
- $20,235 spent. Bluegrass Cup is a Foundation event that takes place at the end of the season supported by donations. The participants earn their spot in the Bluegrass Cup through their placement on the Player of the Year lists in primary age Divisions. A banquet recognizing the Players of the Year and Stewart Gregory Award winners takes place during this event. Proceeds from the event support the Playing for Mason Foundation with a check of $2051 presented to the charity partner.
Source: Form 990 for the year ending December 31, 2025, 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 October 13, 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 November 6, 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 October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since June 2019.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 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 November 4, 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.