AI Summary
Masters Tournament Charities Inc, with EIN 99-3712591, is dedicated to supporting the growth of golf globally through education and amateur competitions, while also focusing on community development and educational support for economically disadvantaged populations in Augusta. With an operating budget of $8.2 million and total revenue of $77.2 million, the organization significantly relies on a single funder, which contributes $63.7 million, representing over 80% of its revenue.
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.
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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Funder
Total Funding
Funding Share
MASTERS TOURNAMENT FOUNDATION INC
$63.7M
97%
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.