USGA FOUNDATION
77 LIBERTY CORNER ROAD, LIBERTY CORNER, NJ 07938 www.usga.org

Total Revenue
$1,255,913
Total Expenses
$1,701,577
Net Assets
$-445,664

Organizations Filed Purposes: THE PURPOSE FOR WHICH THE CORPORATION IS FORMED ARE EXCLUSIVELY CHARITABLE, SCIENTIFIC AND EDUCATION WITHIN THE MEANING OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE OF 1986. (CONTINUED ON SCHEDULE O). AS AMENDED, (THE "CODE"), AND SHALL CONSIST SOLELY OF CONDUCTING OR SUPPORTING ACTIVITIES FOR THE BENEFIT OF, TO PERFORM THE FUNCTIONS OF, OR TO CARRY OUT THE PURPOSE OF THE UNITED STATES GOLF ASSOCIATION, AN ORGANIZATION DESCRIBED IN SECTIONS 501(C)(3) AND 509(A)(1) OF THE CODE. THE CORPORATION SHALL ACCOMPLISH THESE PROGRAMS, ACTIVITIES AND PROJECTS DESIGNED TO ACCOMPLISH THE CHARITABLE, SCIENTIFIC AND EDUCATIONAL PURPOSES OF THE UNITED STATES GOLF ASSOCIATION TO PROMOTE AND CONSERVE THE BEST INTERESTS AND THE TRUE SPIRIT OF THE GAME OF GOLF AS EMBODIED IN ITS ANCIENT AND HONORABLE TRADITIONS.

THE FOUNDATION'S PRIMARY OBJECTIVE IS TO PROVIDE FINANCIAL. (CONTINUED ON SCHEDULE O). SUPPORT TO THE USGA AS IT CARRIES OUT ITS PROGRAMS TO ADVANCE ITS CHARITABLE MISSION.

THE USGA FOUNDATION SHALL ACCOMPLISH THESE PURPOSES BY PROVIDING FINANCIAL SUPPORT TO THE UNITED STATES GOLF ASSOCIATION AND ENGAGING IN PROGRAMS, ACTIVITIES AND PROJECTS DESIGNED TO ACCOMPLISH THE CHARITABLE, SCIENTIFIC AND EDUCATIONAL PURPOSES OF THE UNITED STATES GOLF ASSOCIATION TO PROMOTE AND CONSERVE THE BEST INTERESTS AND THE TRUE SPIRIT OF THE GAME OF GOLF AS EMBODIED IN ITS ANCIENT AND HONORABLE TRADITIONS.

Executives Listed on Filing

Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing

NameTitleHours Per WeekTotal Salary
Charlie PagnamEXECUTIVE DIRECTOR & CPO50$580,518
Michael PascucciDIRECTOR (THRU 02/2020)1$0
J Stuart FrancisDIRECTOR1$0
Anthony K AndersonDIRECTOR1$0
William B SiartCHAIRMAN, DIRECTOR1$0
Christopher FraserSECRETARY1$0
Susan PikitchCHIEF FINANCIAL OFFICER1$0
Michael DavisDIRECTOR1$0

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