HERITAGE CLASSIC FOUNDATION

HERITAGE CLASSIC FOUNDATION

HILTON HEAD ISLAND, SC, US
501(c)(3)
EIN
57-0835114

HERITAGE CLASSIC FOUNDATION

HILTON HEAD ISLAND, SC, US
501(c)(3)
EIN
57-0835114

Overview

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Est.

1987

Fiscal Year Start

Jan 1

Organization Type

Grantseeker
AI Summary
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The Heritage Classic Foundation, identified by EIN 57-0835114, is a nonprofit organization dedicated to distributing the net profits from a PGA Tour event to local and statewide charities. With an operating budget of $12.5 million and total revenue of $19 million for the 2024 filing year, the foundation is supported by several significant funders, none of which contribute 50% or more of its revenue. More information can be found on their website at www.heritageclassicfoundation.com.

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.
Revenues

$19M

Expenses

$16.5M

Net Income:
+$2.4M
Assets

$16.8M

Liabilities

$8.7M

Net Assets:
+$8.1M
Operating Budget

$12.5M

Operating Budget by Year

Due Diligence

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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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Total No. of Grants

27

Median grant size
$10K
Largest grant received
$227.7K
S
Stephen J Wilmot
Board Member
J
J Simon Fraser
Board Member
C
Charles C Rountree Iii
Board Member

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.
Overview
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