Quail Hollow Employee Fund
Public records show a registered, tax-exempt organization in good standing.
What it says it does
Support, promote and encourage the educational pursuits and goals and to support the Quail Hollow Club staff and immediate family members if a financial need arises.
- Income
- $170,676
- Spending
- $65,290
- Reserves
- 56.8 months of spending
- Largest source of income
- donations and private grants, 94%
Source: Form 990EZ for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Strong: 100 out of 100. Higher than 82% of charities in its peer group (education, under $250k).
Reserves
35 of 35Spendable reserves would cover 56.8 months of spending.
Debt
20 of 20It owes 0% of what it owns.
Living within its means
15 of 15Income exceeded spending by 62% of income.
Source: Form 990EZ for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
This organization files the short tax form, which does not ask about boards, policies or audits. That is normal for a small charity and is not a mark against it.
Source: Form 990EZ for the year ending December 31, 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 (3)
- $13,255 spent. Emergency Hardship Assistance - is to assist full-time Quail Hollow Club employees with sudden, unexpected events that cause hardship such as a fire, illness, death of a family members, travel ban, financial, or any other reasonable situations as determined by the Board. The hardship payment is awarded once in a calendar year. Quail Hollow Club employees may reapply subject to Fund Board approval and availability of funds
- $26,558 spent. Scholarships Application - is to assist Quail Hollow Club employees and their dependents in reaching their highest potential through educational advancement opportunities. (Dependents are defined as children, stepchildren, and spouse of the employee.) The scholarship is awarded for one year. Students may reapply subject to Committee approval and availability of funds. The scholarship award may be used for tuition, fees, and books at any primary, accredited college, university, or trade school. Short-term academic programs and certifications will also be considered. All scholarships are awarded on an objective and non-discriminatory basis. Scholarship payments will be made directly to the school you or your dependent will be attending.
- $24,972 spent. Student Loan Awards - is to assist full-time Quail Hollow Club employees in reducing outstanding debt from student loans. The loan reduction is awarded for one year. Students may reapply subject to Fund Board approval and availability of funds. The award may only be paid to a qualifying lending institution. A qualifying institution is a commercial enterprise or education institution whose business includes granting student loans.
Source: Form 990EZ for the year ending December 31, 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 December 2024.
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 October 2020.
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.