Overview

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Latest Fiscal Year

Not available

Organization Type

Grantseeker

AI Summary

MASTERS TOURNAMENT CHARITIES INC is a nonprofit focused on supporting the growth of golf worldwide through education and amateur golf competitions, while also advancing broader charitable purposes in the Augusta community, including community development, education, disaster relief, hardship assistance, emergency financial aid, and scholarships and fellowships. In filing year 2024, it reported an operating budget of $8.2M and total revenue of $77.2M, with most revenue coming from MASTERS TOURNAMENT FOUNDATION INC at $62M.

Mission Statement

MASTERS TOURNAMENT CHARITIES, INC. WILL CONTINUE THE PRIMARY MISSION STARTED BY MASTERS TOURNAMENT FOUNDATION, INC. TO SUPPORT THE GAME OF GOLF'S CONTINUOUS GROWTH AROUND THE WORLD, INCLUDING THROUGH EDUCATION AND AMATEUR GOLF COMPETITIONS, AND WILL ALSO SUPPORT AND PURSUE BROADER CHARITABLE PURPOSES INCLUDING COMMUNITY DEVELOPMENT AND SUPPORTING EDUCATION, ESPECIALLY IN ECONOMICALLY DISADVANTAGED POPULATIONS IN THE AUGUSTA COMMUNITY AND THROUGH NEEDS BASED FINANCIAL ASSISTANCE FOR DISASTER RELIEF, HARDSHIPS, FINANCIAL EMERGENCIES, AS WELL AS SCHOLARSHIPS AND FELLOWSHIPS FOR QUALIFIED INDIVIDUALS, INCLUDING CURRENT AND FUTURE AUGUSTA NATIONAL EMPLOYEES AND THEIR FAMILIES.
Revenues
$77.2M
Expenses
$8.2M
Net Income:
+$69M
Assets
$72.6M
Liabilities
$3.9M
Net Assets:
+$68.8M
Operating Budget
$8.2M
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
1
Median grant size
$62M
Largest grant received
$62M
R
Robert L Johnston
Board Member
B
Brian L Roberts
Board Member
E
Edward William Jones Jr
Board Member
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  • 14 board & team members
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Frequently Asked Questions

What is MASTERS TOURNAMENT CHARITIES INC’s budget?
In 2024, MASTERS TOURNAMENT CHARITIES INC reported an annual operating budget of around $8.2 million. More detailed financial information is available to registered users.
Where does MASTERS TOURNAMENT CHARITIES INC operate?
MASTERS TOURNAMENT CHARITIES INC is headquartered in Augusta, GA.
Who funded MASTERS TOURNAMENT CHARITIES INC recently?
In 2024, MASTERS TOURNAMENT CHARITIES INC received grants from MASTERS TOURNAMENT FOUNDATION INC. More information on this organization’s funders is available to registered users.
What is the largest grant MASTERS TOURNAMENT CHARITIES INC received in 2024?
The largest grant to MASTERS TOURNAMENT CHARITIES INC in 2024 exceeds $62 million.