PGA Tour’s charitable contributions reach $3 billion (2024)

Garry Smits| gsmits@jacksonville.com

The PGA Tour's billion-dollar increments in charity are coming faster all the time.

The Tour announced on Tuesday that last year's record amount of $203.4 in charitable giving pushed the all-time total past $3 billion. The milestone came six years after the Tour reached $2 billion in 2014 -- which was nine years after the first billion was recorded in 2005.

That first billion took 67 years from the first tournament recognized for having a charitable impact, the 1938 Palm Beach Invitational.

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“I’m laying 4-to-5 that the next billion will take three-and-a-half years,” said former PGA Tour commissioner Deane Beman, whose restructuring of the Tour and its events led to the bulk of the charitable money raised.

The Palm Beach event raised $10,000 for charity. Last year's Players Championship contributed a record $9.25 million to the annual amount, and The Players has reached nearly $110 million since 1974.

"It's truly a pleasure to thank our fans, sponsors, tournaments, players and volunteers for helping us generate over $3 billion for charity and positively impact millions of lives," PGA Tour commissioner Jay Monahan said in a statement. "Together we look forward to continuing to reach and celebrate millions more."

The first donation made by Players Championship Charities of the new year will be a $100,000 grant to the Northeast Florida Healthy Start Coalition, which leads a cooperative community effort to reduce infant mortality and improve the health of children, childbearing women and their families.

A recent report commissioned by the Coalition revealed that 147 babies on the First Coast died before they were a year old and that the area's infant mortality rate increased in 2018 to 7.9 deaths per 1,000 live births, the highest rate in a decade.

With the grant, the Coalition will expand health services to women in the Arlington area and provide newborn home visitation services to women served by the Magnolia East satellite clinic and area hospitals.

"We are very excited about the critical work we will now be able to advance, thanks to the generous support of The Players," said Faye Johnson, CEO of the Healthy Start Coalition, in a statement. "Through this grant we will be able to address gaps in service and provide our families with information, support and education that will help our area's babies to celebrate their first birthdays."

The charity money is raised by staging more than 100 tournaments annually on the PGA Tour, PGA Tour Champions and the Korn Ferry Tour. All of the tournaments are 501 (c) (3) charities, a concept Beman launched in the 1970s.

All tournaments are dependent on volunteers to perform tasks such as parking, crowd control, player services, construction, roping the golf course and admissions, which means the individual tournaments don't have to hire outside contractors.

The money saved, plus sponsor and fan donations, player charities and foundations and programs such as The Players Championship's Birdies for Charity and Chip in for Youth and the RSM Classic's Birdies Fore Love adds up -- and has increased almost every year.

The $203.4 million raised last year is a bump of more than $13 million.

Beman said the players deserve a large portion of the credit. Many have started their own foundations and sponsor their own charity events.

“I think the players are the real unsung heroes,” Beman said. “As a group they have established a culture of giving and I bet the amount of money they have raised on their own and through playing in each other’s events comes close to matching what the Tour’s events do.

The Players has assisted more than 300 charities on the First Coast since moving to Ponte Vedra Beach in 1977. Primary consideration is given to organizations that serve education, youth, character development, wellness, sports and the military.

“It’s been the very definition of a win-win situation,” Beman said of moving The Players and the PGA Tour headquarters to Jacksonville. This community helped us and we’ve been able to help the community.”

PGA Tour’s charitable contributions reach $3 billion (2024)

FAQs

How much money has the PGA TOUR donated to charity? ›

Not-for-profit tournaments under the PGA TOUR umbrella donate their net proceeds to support local organizations, totaling more than $3.93 billion in donations to date. These tournaments wouldn't be possible without the 100,000 volunteers annually who commit their time to ensure each event is a success.

How much does the top 1% give to charity? ›

Those in the top 1 percent of the income distribution (any family making $394,000 or more in 2015) provide about a third of all charitable dollars given in the U.S. When it comes to bequests, the rich are even more important: the wealthiest 1.4 percent of Americans are responsible for 86 percent of the charitable ...

What sport gives the most money to charity? ›

Golf's National Charitable Impact, $3.9 Billion, More Than Any Other Sport Combined
  • 12,700 golf facilities (84 percent of U.S. total, 8 percent increase from 2011)
  • 143,000 events.
  • 12 million participants$26,400 average per function.
  • 1 percent of all U.S. charitable giving (totaled $373 billion in 2015)
May 10, 2021

How much money does golf raise for charity? ›

There's not a sport in America with as significant a charitable impact as golf. The game was a vehicle to raise almost $4.6 billion for a wide range of causes last year, according to our research for the latest industry report on the economics of golf.

How much money does the PGA Tour raise for charity each year? ›

The Tour only made direct charitable contributions of $42.7 million in 2018, which is a paltry 3% of their $1.47 billion in revenue. While the Tour publicly takes credit for $190 million in charity, that inflated number reflects the total given by the tour and the local non-profits that put on the tournaments.

Which golfer gives the most to charity? ›

TIGER WOODS

The 15-time major winner established the TGR Foundation in 1996 – when he was just 20 years old – to provide opportunities for talented junior golfers. But in the wake of the September 11 attacks, Woods decided he needed to do more and “wanted a permanent, safe space for kids to explore their dreams.”

What billionaires don t give to charity? ›

Here are the 7 richest people in the world who haven't signed the Giving Pledge—Jeff Bezos is No. 3
  • Bernard Arnault: $157 billion net worth. ...
  • Gautam Adani: $130 billion net worth. ...
  • Jeff Bezos: $116 billion net worth. ...
  • Larry Page: $88.7 billion net worth. ...
  • Mukesh Ambani: $88.2 billion net worth.
Nov 27, 2022

Who is the most charitable actor in world? ›

John Cena. The former wrestler broke a new record in June 2022 after it was announced that he has granted more Make-a-Wish Foundation wishes than other celebrities. Cena's wish record currently stands at 650.

How much has Lebron James donated to charities? ›

NBA All-Star Lebron James is the founder of The Lebron James Family Foundation – which is focused primarily on children. In 2015, he donated a whopping $41 million dollars to help send over one thousand kids to college. He has also paid for 5000 kids and their families from his hometown Ohio to visit an amusem*nt park.

What charity does Serena Williams support? ›

"I believe all children deserve the chance to make something of their lives," Williams said. "I am committed to helping UNICEF provide a quality education to children to help them build a brighter future for themselves, their families, and their communities."

Which NFL player donates the most to charity? ›

Celebrating Four of the Most Generous Football Players
  • Top 4 Most Generous Football Players.
  • Patrick Mahomes, Kansas City Chiefs.
  • Jalen Hurts, Philadelphia Eagles.
  • Travis Kelce, Kansas City Chiefs.
  • Giving toward the goal line.
Feb 11, 2023

How charitable is the PGA? ›

The PGA Tour does engage in charitable activity, including through co-sponsorship of tournaments with other partners. In 2021, the PGA Tour says it “generated more than $173 million in charitable dollars,” bringing the tally of total donations since 1938 to more than $3.4 billion.

What percentage of PGA revenue goes to charity? ›

As has been reported over the years, that status allows the PGA to avoid hundreds of millions in taxes over the last few decades despite allegations that it spends well under 20 percent of its tour revenue on charity and that its executives are highly salaried in the millions per annum,” Singer told InsideSources.

Does Jordan Spieth have a charity? ›

The Jordan Spieth Family Foundation offers a platform for Jordan to lend time, help grow awareness and offer financial support for four philanthropic areas: individuals with special needs, junior golf, military families and veterans, and pediatric cancer.

Does the PGA make a profit? ›

The PGA Tour, Inc. is a tax-exempt, non-profit 501 (c) 6 – a membership organization for touring professional golfers – up to a maximum of 156 who participate in 47 events (44 regular events and 3 playoff events).

How much money does the PGA bring in? ›

The fans. The PGA Tour is a $1.5-billion business that earns the majority of its revenue from five categories—tournament revenue ($660 million), domestic and international media rights ($634 million), Tournament Players Clubs ($142 million), corporate licensing ($65 million) and investments ($21 million).

Is the PGA still a nonprofit? ›

It is a 501(c) non-profit, so any remaining profits will be rolled into reinvestment, future expenses, charity, etc.

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