HERITAGE CLASSIC FOUNDATION
AI Summary
HERITAGE CLASSIC FOUNDATION is a foundations-focused nonprofit with a primary exempt purpose of distributing the net profits from a PGA TOUR event to local and statewide charities. In filing year 2024, it reported a $12.5M operating budget and $19M in total revenue, with top funders including PGA TOUR INC, Community Foundation of the Lowcountry, and TRUE NORTH FOUNDATION (FKA STERTZER FAMILY CHARITABLE FNDTN).
Mission Statement
THE HERITAGE CLASSIC FOUNDATION'S PRIMARY EXEMPT PURPOSE IS TO DISTRIBUTE THE NET PROFITS FROM A PGA TOUR EVENT TO LOCAL AND STATEWIDE CHARITIES.
Cause Areas
1
Foundations
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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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- 68 funders
- 35 board & team members
- 12 historic 990s & financials
- 6-year operating budget trend
Frequently Asked Questions
What is HERITAGE CLASSIC FOUNDATION’s budget?
In 2024, HERITAGE CLASSIC FOUNDATION reported an annual operating budget of around $12.5 million. More detailed financial information is available to registered users.
What causes does HERITAGE CLASSIC FOUNDATION support?
HERITAGE CLASSIC FOUNDATION supports work in Foundations.
Where does HERITAGE CLASSIC FOUNDATION operate?
HERITAGE CLASSIC FOUNDATION is headquartered in HILTON HEAD ISLAND, SC.
Who funded HERITAGE CLASSIC FOUNDATION recently?
In 2025, HERITAGE CLASSIC FOUNDATION received grants from RAYMOND JAMES CHARITABLE ENDOWMENT FUND, PATRICK FAMILY FOUNDATION INC, and JULIA PORTER SCURRY FAMILY FOUNDATION. More information on this organization’s funders is available to registered users.
What is the largest grant HERITAGE CLASSIC FOUNDATION received in 2024?
The largest grant to HERITAGE CLASSIC FOUNDATION in 2024 exceeds $228 thousand.