Overview

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Closed

This organization closed in 2024. It filed a final 990 indicating termination and no longer appears as active in IRS records, as it is absent from the EO Business Master File and Pub78 List.

Est.

1997

Latest Fiscal Year

Not available

Organization Type

Grantseeker

990s

990 file icon
2024
990 file icon
2023
990 file icon
2022
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AI Summary

Shark Shootout Charities Inc is a nonprofit organization dedicated to distributing revenue generated from golf events to charitable organizations, focusing on basketball and foundation-related causes. With an operating budget of $8,000 and total revenue of $867 for the filing year 2024, the organization receives support from significant funders including FIDELITY INVESTMENTS CHARITABLE GIFT FUND and PGA TOUR INC. Notably, it does not rely on any single funder for 50% or more of its revenue. For more information, visit www.qbeshootout.com.

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Mission Statement

To distribute revenue received from the production of golf events to charitable organizations.

Cause Areas

2
Basketball
Foundations
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Financials

2024
Revenues
$867
Expenses
$8K
Net Income:
-$7.2K
Assets
$0
Liabilities
$0
Net Assets:
+$0

Financial Trends

2024
Operating Budget
$8K
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Not in Business Master File
IRS Pub 78 Status
Not in Pub 78 list
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Top Funders

Funder
Total Funding
Funding Share
PGA TOUR INC
Ponte Vedra Beach, FL, US
$6M
1%
SCOTT CARTER FOUNDATION
Tulsa, OK, US
$665K
57%
Sidney and Charline Dauphin Foundation
Silsbee, TX, US
$140K
14%

Grants Received

2023
Total No. of Grants
2
Median grant size
$250K
Largest grant received
$475K

Board & Team

S
Stuart Grossman
Board Member
G
Gregory J Norman
Board Member
B
Bret Baier
Board Member

Frequently Asked Questions

What is Shark Shootout Charities Inc’s budget?
In 2024, Shark Shootout Charities Inc reported an annual operating budget of around $8,023. More detailed financial information is available to registered users.
What causes does Shark Shootout Charities Inc support?
Shark Shootout Charities Inc supports work in Basketball and Foundations.
Where does Shark Shootout Charities Inc operate?
Shark Shootout Charities Inc is headquartered in Tequesta, FL.
Who funded Shark Shootout Charities Inc recently?
In 2023, Shark Shootout Charities Inc received grants from PGA TOUR INC, DORIS & STANLEY TANANBAUM FOUNDATION C/O PRAGER METIS CPA'S LLC, and PGA TOUR INC. More information on this organization’s funders is available to registered users.
What is the largest grant Shark Shootout Charities Inc received in 2023?
The largest grant to Shark Shootout Charities Inc in 2023 exceeds $475 thousand.