2018-08-28T14:08:04-05:00 2017-12-31 475153865 ROSEN SAPPERSTEIN & FRIEDLANDER LLC 405 YORK ROAD TOWSON MD 21204 990 2017-01-01 521900251 CAVES VALLEY GOLF CLUB FOUNDATION INC CAVE 4103561313 2910 BLENDON ROAD OWINGS MILLS MD 21117 MR THEO C RODGERS PRESIDENT 4103561313 2018-08-27 1 RICHARD A FRIEDLANDER CPA P00024186 4105810800 2018-08-27 2017 2022-09-23 18:48:47Z MR GARY L ATTMAN 2910 BLENDON ROAD OWINGS MILLS MD 21117 1095990 0 X N/A X 1994 MD CAVES VALLEY GOLF CLUB FOUNDATION IS DEDICATED TO IMPROVING THE LIVES OF YOUNG PEOPLE THROUGH EXPOSURE TO GOLF'S CUSTOMS, TRADITIONS AND RULES OF FAIR PLAY. TO THIS END THE FOUNDATION SPONSORS A VARIETY OF ACTIVITIES TO: (I) INTRODUCE GOLF'S VALUES TO YOUNG PEOPLE ESPECIALLY THOSE WHO MIGHT OTHERWISE NEVER HAVE THIS OPPORTUNITY, (II) ASSIST CADDIES FURTHER THEIR FORMAL EDUCATION THROUGH COLLEGE SCHOLARSHIPS, AND (III) PARTNER WITH OTHER ORGANIZATIONS SIMILARLY FOCUSED ON MAKING A DIFFERENCE FOR YOUNG PEOPLE THROUGH THE GAME OF GOLF. 8 8 0 0 0 0 622385 148468 0 0 9784 139735 0 0 632169 288203 199500 213477 0 0 0 0 0 0 179 31653 11559 231153 225036 401016 63167 2207595 2352738 0 0 2207595 2352738 X GOLF IS AN ANCIENT AND HONORABLE GAME. MANY OF LIFE'S LESSONS AND VALUES ARE LEARNED AND REINFORCED THROUGH GOLF. CAVES VALLEY NOT ONLY PROVIDES THE SETTING AND FACILITY TO ENJOY AND PASS ON OUR LOVE AND RESPECT FOR THE GAME, BUT IS ALSO A VEHICLE TO BRING AND ENHANCE THE VALUES RECEIVED BY YOUNG PEOPLE FROM GOLF. CAVES VALLEY GOLF CLUB FOUNDATION IS DEDICATED TO IMPROVING THE LIVES OF YOUNG PEOPLE THROUGH EXPOSURE TO GOLF'S CUSTOMS, TRADITIONS AND RULES OF FAIR PLAY. TO THIS END THE FOUNDATION SPONSORS A VARIETY OF ACTIVITIES TO: (I) INTRODUCE GOLF'S VALUES TO YOUNG PEOPLE ESPECIALLY THOSE WHO MIGHT OTHERWISE NEVER HAVE THIS OPPORTUNITY, (II) ASSIST CADDIES FURTHER THEIR FORMAL EDUCATION THROUGH COLLEGE SCHOLARSHIPS, AND (III) PARTNER WITH OTHER ORGANIZATIONS SIMILARLY FOCUSED ON MAKING A DIFFERENCE FOR YOUNG PEOPLE THROUGH THE GAME OF GOLF. 0 0 125977 125977 THE FOUNDATION HAS ESTABLISHED AN EDUCATIONAL SCHOLARSHIP PROGRAM FOR INDIVIDUALS PROVIDING SERVICES AS CADDIES AT CAVES VALLEY GOLF CLUB (CLUB) AND AT OTHER BALTIMORE METROPOLITAN AREA GOLF CLUBS. THE PURPOSE OF THE PROGRAM IS TO OFFER INDIVIDUALS PROVIDING SERVICES AS CADDIES THE OPPORTUNITY TO ACHIEVE THEIR HIGHER EDUCATION GOALS. THE PROGRAM AWARDS SCHOLARSHIPS BASED ON A SELECTIVE APPLICATION AND APPROVAL PROCESS. THE SCHOLARSHIPS PROVIDE FINANCIAL TUITION ASSISTANCE AND ARE RENEWED ANNUALLY, UP TO A MAXIMUM OF THREE (3) YEARS, PROVIDED ELIGIBILITY REQUIREMENTS CONTINUE TO BE MET.THE FOUNDATION HAS ALSO A FOUNDATION SCHOLARSHIP (UMES SCHOLARSHIP) WITH THE UNIVERSITY OF MARYLAND EASTERN SHORE (UMES) TO ASSIST UMES TO RECRUIT AND RETAIN THE HIGHEST CALIBER STUDENTS FOR ENROLLMENT IN UMES'S PGA GOLF MANAGEMENT PROGRAM. THE UMES SCHOLARSHIP PROVIDES FINANCIAL ASSISTANCE COVERING THE COSTS OF TUITION, ROOM AND BOARD, BOOKS AND A LAPTOP DURING THE DURATION OF THE STUDENT'S PARTICIPATION IN THE PROGRAM. THIS IS CONTINGENT UPON ELIGIBILITY REQUIREMENTS CONTINUING TO BE MET. 50000 50000 DURING 2013 THE FOUNDATION COMMITTED TO DONATE $500,000 TO THE FIRST TEE OF BALTIMORE OF WHICH $250,000 WAS TO BE USED FOR CAPITAL IMPROVEMENTS AT THE FOREST PARK GOLF CLUB, CONTINGENT ON THE FIRST TEE OF BALTIMORE RAISING AN EQUAL AMOUNT TO MATCH THE GRANT PROVIDED BY THE FOUNDATION. THIS COMMITMENT WAS EXTENDED AND PAID AS OF DECEMBER 31, 2015.THE REMAINING COMMITTED DONATION OF $250,000 IS TO BE PAID IN $50,000 INCREMENTS OVER FIVE (5) YEARS AND COMMENCED IN 2015. THE DONATION IS FOR OPERATING SUPPORT, CONTINGENT UPON THE FIRST TEE OF BALTIMORE OBTAINING A MATCHING AMOUNT IN DONATIONS. 37500 37500 UNCONDITIONAL DONATIONS MADE BY THE FOUNDATION TO FIRST TEE OF BALTIMORE, MARYLAND STATE GOLF ASSOCIATION WOMEN'S DIVISION, AND OTHER ORGANIZATIONS AS LISTED ON SCHEDULE I. 213477 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 X 8 8 0 0 0 0 0 0 0 1 1 0 0 1 0 0 0 0 0 0 MD X MRS NANCY PALMER 4103561313 2910 BLENDON ROAD OWINGS MILLS MD 21117 X MR GARY L ATTMAN CHAIRMAN 1.00 X X 0 0 0 MR JAMES A FLICK JR PRESIDENT 1.00 X X 0 0 0 MR STEPHEN L OWEN SECRETARY 1.00 X X 0 0 0 MR THEO C RODGERS TREASURER 1.00 X X 0 0 0 MR STEVEN B FADER TRUSTEE 1.00 X 0 0 0 MRS BRENDA JEWS TRUSTEE 1.00 X 0 0 0 MR LAWRENCE MOODY TRUSTEE 1.00 X 0 0 0 MR ANTHONY W DEERING TRUSTEE 1.00 X 0 0 0 0 0 0 0 0 0 0 0 148468 148468 29032 29032 918490 807787 110703 110703 110703 288203 0 0 139735 87500 87500 125977 125977 4510 4510 5604 5604 1054 1054 OTHER TAXES 212 212 FUNDRAISING EXPENSES 179 179 225036 213477 11380 179 352451 365727 75434 111128 295000 35000 1484710 1840883 2207595 2352738 0 0 X 1912595 2317738 295000 35000 2207595 2352738 2207595 2352738 63167 81976 0 X 1 X 0 0 0 X 382744 327878 317922 327385 148468 1504397 382744 327878 317922 327385 148468 1504397 123304 1381093 5983 13808 24749 25755 29032 99327 1603724 0.86120 0.89700 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 X 364575 81976 81976 282599 5604 5604 288203 219432 0 219432 5604 5604 225036 PART X, LINE 2: PER THE FOUNDATION'S EVALUATION AS OF DECEMBER 31, 2017, INCLUDING ALL PRIOR TAX YEARS SUBJECT TO EXAMINATION, IT WAS DETERMINED THAT NO MATERIAL ADJUSTMENTS WERE REQUIRED IN THE FINANCIAL STATEMENTS FOR TAX POSITIONS LESS-LIKELY-THAN-NOT TO BE SUSTAINED UPON EXAMINATION BY A TAXING AUTHORITY. THE FOUNDATION BELIEVES IT IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS FOR YEARS PRIOR TO 2014. 1 THE FIRST TEE OF GREATER BALTIMORE INC 303 INTERNATIONAL CIRCLE SUITE T119 T119 HUNT VALLEY MD 21030 522260023 501(C)(3) 72500 GRANT FOR OPERATING SUPPORT $50,000; DONATION FOR 2017 FIRST TEE METRO TOUR $5,000; DONATION FOR AJGA CHAMPIONSHIP $7,500; DONATION IN SUPPORT OF LEADERS IN THE CLUBHOUSE EVENT $10,000 CHESTNUT RIDGE VOLUNTEER FIRE DEPARTMENT 12020 GREENSPRING AVENUE OWINGS MILLS MD 21117 526054628 501(C)(3) 10000 DONATION FOR NEW AMBULANCEDONATION FOR A FUNDRAISING DINNER - TICKETS WERE DONATED BACK TO THE ORGANIZATION 2 CADDIE SCHOLARSHIPS 13 45977 UMES SCHOLARSHIPS 4 80000 FORM 990, PART VI, SECTION B, LINE 11B THE ENTITY RECEIVES A COPY OF THE 990 AND A REPRESENTATIVE OF THE GOVERNING BODY APPROVES IT BEFORE SIGNING THE ELECTRONIC FILING AUTHORIZATION. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION DOES NOT HAVE A CONFLICT OF INTEREST POLICY. THE FINANCIAL STATEMENTS, TAX RETURN AND GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST.