2017-08-15T18:35:34-05:00 2016-09-30 KPMG LLP 550 S Hope St Suite 1500 Los Angeles CA 90071 990 2015-10-01 200677815 TIGER WOODS FOUNDATION INC % HOOD & BURCH INC TIGE 9497253003 1 TIGER WOODS WAY ANAHEIM CA 92801 RICK SINGER PRES/SEC/CEO 9497253003 2017-08-15 true CAREY MCKEE P01281067 2139724000 2015 2021-01-29 14:40:06Z RICK SINGER 121 INNOVATION DR STE 150 IRVINE CA 92617 14500582 false X WWW.TIGERWOODSFOUNDATION.ORG X 2004 CA TIGER WOODS FOUNDATION, A NON-PROFIT PUBLIC BENEFIT CORPORATION, THAT OPERATES SCHOOL FACILITIES THAT PROVIDE EDUCATIONAL OPPORTUNITIES FOR YOUTH. 28 27 60 72 0 5774263 6760534 281702 33162 3650843 2383360 5994 4923 9712802 9181979 878146 1007657 0 0 3530408 3789575 0 199317 1021073 4438603 5179583 8847157 10176132 865645 -994153 102670602 106716566 13365243 14815541 89305359 91901025 X AT THE TIGER WOODS FOUNDATION ("TWF"), WE BELIEVE EVERY CHILD DESERVES THE OPPORTUNITY TO ATTEND COLLEGE. DESIGNED TO BREAK THROUGH A CULTURE OF LOW EXPECTATIONS, TWF'S COLLEGE-ACCESS PROGRAMS REACH UNDERSERVED YOUTH IN ALL STAGES OF ACADEMIC LIFE. false false 6654788 33162 TIGER WOODS LEARNING CENTERS: SINCE INCEPTION, THE TIGER WOODS LEARNING CENTERS (TWLC) HAS PROVIDED STEM-BASED EDUCATION PROGRAMS FOR YOUTH IN SEVERAL LOCATIONS. THE UNIQUE LEARNING ENVIRONMENT WAS INSPIRED BY THE VISION OF TIGER WOODS TO PROVIDE YOUTH WITH A SAFE PLACE TO LEARN; RECOGNIZE THEIR POTENTIAL; AND CREATE A ROADMAP TO COLLEGE. IN 2016, TWLC STARTED TO DEVELOP DIGITAL CURRICULUM TO MAKE IT AVAILABLE TO TEACHERS WORLDWIDE. CONTINUED ON SCHEDULE O. 904687 880475 TIGER WOODS FOUNDATION GRANT-MAKING PROGRAM THE TIGER WOODS FOUNDATION GRANT-MAKING PROGRAM PRIMARILY FOCUSES ON PROVIDING FUNDING TO ORGANIZATIONS THAT SPECIALIZE IN EDUCATION AND YOUTH DEVELOPMENT. SPECIFICALLY, THE GRANT PROGRAM SERVES 501(C)(3) ORGANIZATIONS THAT ENHANCE THE LEARNING PROCESS FOR YOUTH. THIS PROGRAM SUPPORTS ORGANIZATIONS, PROGRAMS AND PROJECTS BY INVITATION ONLY AND SUBJECT TO PRE AND POST QUALIFICATIONS SUBJECT TO APPLICABLE 501(C)(3) GUIDELINES. 174289 97382 EARL WOODS SCHOLARSHIP PROGRAM IN CELEBRATION OF TIGER'S FATHER EARL AND HIS LIFELONG DEDICATION TO HELPING YOUNG PEOPLE ACHIEVE THEIR DREAMS, THE TIGER WOODS FOUNDATION (TWF) CREATED THE EARL WOODS SCHOLARS (EWS) PROGRAM. NEARLY 149 SCHOLARS HAVE MATRICULATED THROUGH THE PROGRAM. THE EWS RECIPIENTS ATTEND PRESTIGIOUS SCHOOLS NATIONWIDE, SUCH AS NYU, PITZER COLLEGE, STANFORD, AND UCLA, TO NAME A FEW. SCHOLARS ARE ANNUALLY AWARDED A FOUR-YEAR RENEWABLE SCHOLARSHIP UP TO $20,000 FOR THE TERM. CONTINUED ON SCHEDULE O 68157 29800 LEARNING CENTER OUTREACH PROGRAM 68157 29800 7801921 true true false false false false false false false false true true false false true true false true true false true true false true false false false true true true true false false false false false false false false false false false false false false true true true true false false true 26 0 true 60 true false false false false false false false false false false X 28 27 false false false false false true false true true false false true true true true true true true true false CA CT DC FL GA MD MA NY OR PA SC VA X HOOD BURCH INC 7149954833 10833 VALLEY VIEW STREET SUITE 470 CYPRESS CA 90630 X RICK SINGER PRES/SEC/CEO 25.0 40.0 X X 145350 337950 53883 MICHAEL D MCKEE CHAIRMAN 1.0 0.0 X X 0 0 0 RICHARD BAILY DIRECTOR 1.0 0.0 X 0 0 0 SANDRA BARRY DIRECTOR 1.0 0.0 X 0 0 0 KENNETH W BENTLEY DIRECTOR 1.0 0.0 X 0 0 0 AVERY BROWN DIRECTOR 1.0 0.0 X 0 0 0 DANNY CONWAY DIRECTOR 1.0 0.0 X 0 0 0 DALE L DYKEMA DIRECTOR 1.0 0.0 X 0 0 0 KARINA HAMILTON DIRECTOR 1.0 0.0 X 0 0 0 PAUL HEGNESS DIRECTOR 1.0 0.0 X 0 0 0 CHRISTOPHER J HUBMAN DIRECTOR 1.0 1.0 X 0 0 0 GREG JONES DIRECTOR 1.0 0.0 X 0 0 0 DENNIS KUHL DIRECTOR 1.0 0.0 X 0 0 0 ROB LIGHT DIRECTOR 1.0 0.0 X 0 0 0 ED MACHIR DIRECTOR 1.0 0.0 X 0 0 0 JASON MOONEYHAM DIRECTOR 1.0 0.0 X 0 0 0 JONATHAN ORSZAG DIRECTOR 1.0 0.0 X 0 0 0 THOMAS PARHAM PHD DIRECTOR 1.0 0.0 X 0 0 0 SUDHAKAR V SHENOY DIRECTOR 1.0 0.0 X 0 0 0 MARK STEINBERG DIRECTOR 1.0 0.0 X 0 0 0 TOM TAIT DIRECTOR 1.0 0.0 X 0 0 0 TODD C THEODORA DIRECTOR 1.0 0.0 X 0 0 0 PAT TRAMMELL DIRECTOR 1.0 0.0 X 0 0 0 LEO TUCKER DIRECTOR 1.0 0.0 X 0 0 0 PETER V UEBERROTH DIRECTOR 1.0 0.0 X 0 0 0 BOB WALTOS DIRECTOR 1.0 0.0 X 0 0 0 BILL WOODLEY DIRECTOR 1.0 0.0 X 0 0 0 KUTILDA WOODS DIRECTOR 1.0 0.0 X 0 0 0 JIN THATCHER VP OPERATIONS & ADMINISTRATION 49.0 1.0 X 207405 0 34719 KATHERINE BIHR VP PROGRAMS & EDUCATION 40.0 0.0 X 192616 0 15212 MICHELLE S KIM VP STRATEGIC PARTNERSHIPS 40.0 0.0 X 187207 0 9942 GYLA BELL SR. DIRECTOR LEARNING CENTERS 40.0 0.0 X 112019 0 11550 CRISTINA L FERNANDEZ SR. DIRECTOR PROGRAMS 40.0 0.0 X 104107 0 21614 STACY STARK VP EVENTS 40.0 0.0 X 109131 0 27668 1057835 337950 174588 7 false true false ALGONQUIN ADVISORS LLC 2 GREENWICH OFFICE PARK 2ND FLOOR GREENWICH CT 06831 INVESTMENT ADVISOR 189250 MLB ADVANCED MEDIA LP PO BOX 417171 BOSTON MA 022417171 WEBSITE/MEDIA SVC 200000 EXCEL SPORTS MANAGEMENT 1700 BROADWAY 29TH FLOOR NEW YORK NY 10019 MARKETING 150000 KPMG LLP PO BOX 120922 DALLAS TX 75312 ACCOUNTING 109544 4 X 6164 1517600 5236770 6124 6760534 CLASS REGISTRATION 611600 33162 33162 33162 1406741 1406741 0 0 250 250 0 250 250 6295222 5318603 976619 976619 976619 0 0 0 REBATES 900099 4462 4462 GOLF TOKENS 900099 200 200 MISC REVENUE 900099 11 11 4673 9181979 33162 2388283 845958 845958 127182 127182 34517 34517 0 875270 536019 114870 224381 0 2158367 1790427 216109 151831 82991 65072 8485 9434 447773 350161 45943 51669 225174 176155 22957 26062 0 58953 41355 7287 10311 210947 11244 196899 2804 0 199317 199317 339852 339852 319600 218714 39875 61011 343059 240779 42581 59699 200957 158911 24075 17971 304069 210297 39637 54135 0 798918 657476 62353 79089 184915 122770 31861 30284 0 120962 72251 30697 18014 416929 412760 4169 0 729716 624819 104897 200109 155592 20121 24396 PROJECT DEVELOPMENT 600340 600340 PROGRAM SUPPLIES 115497 115497 STUDENT TRANSPORTATION 48757 48757 SUMMER ACADEMY 33280 33280 152723 151588 470 665 10176132 7801921 1353138 1021073 5448 2442 6022583 11574279 5115584 1498127 2179 2105 0 0 0 0 0 0 0 0 125575 100816 17322940 7454087 10586586 9868853 55401312 57123710 24365777 26053164 0 0 0 0 1045558 493070 102670602 106716566 619849 374578 272500 234500 0 0 10040299 9650499 0 0 0 0 0 0 0 0 2432595 4555964 13365243 14815541 X 74762911 82238121 14542448 9662904 0 0 89305359 91901025 102670602 106716566 X -994153 3794359 -204540 X false true X true false X X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 11581225 3156424 8424801 2731865 1880483 851382 2630219 2037549 592670 379631 379631 9868853 FUND - BLUE ORCHID 236066 F FUND - GLOBAL EQUITY 15107112 F FUND - ALGONQUIN FUND 9174578 F FUND - TUDOR BVI 22155 F FUND - AMMOF LTD 1513253 F 26053164 0 INTEREST RATE SWAP 2353425 DUE TO AFFILIATES 2202539 4555964 X 12807190 3794359 35392 -204540 3625211 9181979 9181979 10211524 35392 35392 10176132 10176132 FIN 48 FOOTNOTE (ASC 740) SCHEDULE D, PART X, LINE 2 THE FOUNDATION ADOPTED THE PROVISIONS OF ACCOUNTING STANDARDS CODIFICATION (ASC) TOPIC 740, INCOME TAXES, WHICH PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR THE FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT OF A TAX PROVISION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN AND PROVIDES GUIDANCE ON DERECOGNITION, CLASSIFICATION, INTEREST AND PENALTIES, DISCLOSURE, AND TRANSITION. MANAGEMENT ASSERTS THAT NO SUCH UNCERTAINTY IN INCOME TAXES EXISTS REQUIRING ACCRUAL OR DISCLOSURE AT SEPTEMBER 30, 2016 OR 2015. REVENUE INCLUDED ON AUDITED FINANCIAL STATEMENTS, NOT ON FORM 990 SCHEDULE D, PART XI, LINE 2D UNREALIZED LOSS ON INTEREST RATE SWAP NOT REPORTED ON FORM 990 -$204,540 true true true true true true true false false false false false false false false false false true PUBLICIZING OF RACIALLY NONDISCRIMINATORY POLICY Form Sch E Part I Line 3 THE TIGER WOODS FOUNDATION PUBLICIZED ITS RACIALLY NONDISCRIMINATORY POLICY IN ALL STUDENT APPLICATION FORMS AND ON THE ORGANIZATION'S WEBSITE. false East Asia and the Pacific Grantmaking N/A 34517 34517 34517 East Asia and the Pacific CHILDREN'S EDUCATION 0 N/A 34517 COMPUTERS RETAIL VALUE 1 American Funds Scholarship 1 1000 N/A N/A false false false false false false ACCOUNTING METHOD FOR REPORTING EXPENDITURE SCHEDULE F, PART I, LINE 3, COLUMN F EXPENDITURES IN COLUMN F ARE REPORTED ON THE ACCRUAL BASIS OF ACCOUNTING. GRANTMAKING RECORDS SCHEDULE F, PART I, LINE 1&2 THE RACHABURI CONVENT SCHOOL, AN ALL-GIRLS ORPHANAGE ALSO SERVES AS A BOARDING SCHOOL SERVING 91+ GIRLS AGES 3-18, PROVIDES STUDENTS BASIC EDUCATION CLASSES AS WELL AS CLASSES IN LIFE SKILLS INLUDING, SEWING, COOKING, COMPUTERS AND HEALTH. THE FOUNDATION PROVIDED 40 COMPUTERS FOR THE CAMPUS TECHNOLOGY LAB. ALL DESKTOPS ARE SHARED AMONGST TEACHERS AND STUDENTS, TO FURTHER DEVELOP THE GIRLS' EDUCATION, LEARN ENGLISH AND EXPAND TECHNOLOGY SKILLS. THIS SUPPORT ALIGNS WITH THE FOUNDATION'S EDUCATIONAL COMMITMENT TO FURTHER THE MISSION OF YOUTH PROGRAMS. AT THE TIGER WOODS FOUNDATION, WE SUPPORTED ASIAN COMMUNITIES INCLUDING CHINA, KOREA AND THAILAND. PAST SUPPORT INCLUDES, GRANTS, CLOTHING, FOOD DONATIONS, REBUILDING FACILITIES, AND PROVIDING TECHNOLOGY. OUR PARTNERSHIPS WITH HSBC AND NIKE WERE INSTRUMENTAL IN THOSE PAST EFFORTS. X X X X X true JENNIFER WATTS 3039 BANCROFT DRIVE SPRING VALLEY CA 91977 GRANT WRITING false 10000 ODELL SIMMS LYNCH INC 1593 SPRING HILL ROAD STE 150 TYSONS CORNER VA 22182 FUNDRAISING CONSULTANT false 135692 ELEVATE 2314 18TH ST NW 2ND FL WASHINGTON DC 20009 GRANT WRITING false 53000 198692 AZ AR CA CT DE DC FL GA ID IL IN IA KS KY LA MD MA MS MT NE NV NJ NY OH OK OR PA RI SC SD TX VA WV SCHEDULE G, PART I, LINE 2b, COLUMN (iv) DURING 2016, THE FOUNDATION BEGAN THE UNEXPECTED CHAMPIONS FUNDS CAMPAIGN TO RAISE NEW FUNDS AND TO PROMOTE GROWTH BY 2020, THUS REQUIRING ADDITIONAL FUNDRAISING CONSULTANTS AND EXPLORATION. true Boston College Financial Aid Processing Center PO Chestnut Hill MA 02467 042103545 501(C)(3) 8540 N/A N/A COMMUNITY SUPPORT Boston Red Sox Foundation 4 Yawkey Way Boston MA 02215 331007984 501(C)(3) 75000 N/A N/A YOUTH DEVELOPMENT Boston University Financial Assistance 881 Commonweal Boston MA 02215 042103547 501(C)(3) 7960 N/A N/A COMMUNITY SUPPORT College of the Holy Cross Office of Financial Aid Hogan Campu Room 314 1 College Street Worcester MA 016102395 042103558 501(C)(3) 8000 N/A N/A COMMUNITY SUPPORT Connelly School of the Holy Child 9029 Bradley Blvd Potomac MD 20854 520743609 501(C)(3) 23600 N/A N/A COMMUNITY SUPPORT Envision Excellence in STEM Education 2108 Lamberton Road Cleveland OH 44118 208622102 501(C)(3) 20000 N/A N/A COMMUNITY SUPPORT Hockomock Area YMCA 300 Elmwood Street North Attleborro MA 02760 042131749 501(C)(3) 25000 N/A N/A YOUTH DEVELOPMENT Ithaca College 953 Danby RD Peggy Ryan Williams Ce Ithaca NY 14850 150532204 501(C)(3) 10000 N/A N/A COMMUNITY SUPPORT Kids on the Hill Bridgers Wealth Management 110 Mart Moorestown NJ 08057 311784865 501(C)(3) 6500 N/A N/A YOUTH DEVELOPMENT Massachusetts Golf Association Inc 300 Arnold Palmer Blvd Norton MA 02766 042487562 501(C)(3) 15000 N/A N/A COMMUNITY SUPPORT St Andrew Romanian Church 9111 River Road Pontomac MD 20854 264570443 501(C)(6) 7000 N/A N/A COMMUNITY SUPPORT Tavistock Foundation 9350 Conroy Windermere Rd Windermere FL 34786 593249459 501(C)(3) 220000 N/A N/A COMMUNITY SUPPORT The Club Foundation 8500 River Road Bethesda MD 20817 521642692 501(C)(3) 10000 N/A N/A COMMUNITY SUPPORT The First Tee 425 South Legacy Trail St Augustine FL 32092 593577327 501(C)(3) 142858 N/A N/A COMMUNITY SUPPORT The Francis Ouimet Scholarship Fund 300 Arnold Palmer Blvd Norton MA 02766 042234126 501(C)(3) 7500 N/A N/A YOUTH DEVELOPMENT The Shepherd Foundation PO Box 50 Kensington MD 20895 521613402 501(C)(3) 10000 N/A N/A COMMUNITY SUPPORT Town of Norton 70 East Main Street Norton MA 02766 046001252 TOWN OF NORTON 25000 N/A N/A COMMUNITY SUPPORT University of California Irvine FDN SAGE Scholars Program 120 Theory S Irvine CA 92617 952540117 UNIV OF CA 25000 N/A N/A SAGE SCHOLARS FUND United Service Organization 2111 Wilson Blvd Arlington VA 22201 131610451 501(C)(3) 28000 N/A N/A COMMUNITY SUPPORT University of Rochester Bursars Office PO Box 270037 330 M Rochester NY 146270037 160743209 501(C)(3) 10000 N/A N/A COMMUNITY SUPPORT US Challenge Cup 21 Agnes Street East Providence RI 02914 223019734 501(C)(3) 10000 N/A N/A YOUTH RECREATION SUPPORT World Golf Foundation Inc One World Golf Place St Augustine FL 32092 592998925 501(C)(3) 100000 N/A N/A COMMUNITY SUPPORT YMCA of Attleboro 63 North Main Street Attleboro MA 02703 042255819 501(C)(3) 10000 N/A N/A YOUTH DEVELOPMENT 21 0 EARL WOODS SCHOLARSHIPS 27 95432 N/A N/A EARL WOODS INTERNSHIPS 2 1950 N/A N/A GRANT MONITORING PROCEDURES FORM 990, SCHEDULE I, PART I, LINE 2 DUE TO THE SIZE OF GRANTS MADE TO UNRELATED CHARITABLE ORGANIZATIONS, GENERALLY UNDER $25,000, THE FOUNDATION RELIES ON PRE-GRANT PROCEDURES AND INQUIRIES TO ENSURE THE GRANTEE ORGANIZATION MEETS THE REQUIREMENTS FOR APPROVED PROGRAMMATIC AREAS OF FUNDING. X true X X X X false false false false false false false false false RICK SINGER PRES/SEC/CEO 145350 337950 0 0 0 0 0 10600 0 43283 145350 391833 0 0 JIN THATCHER VP OPERATIONS & ADMINISTRATION 169499 0 30000 0 7906 0 6780 0 27939 0 242124 0 0 0 KATHERINE BIHR VP PROGRAMS & EDUCATION 158521 0 25000 0 9095 0 6341 0 8871 0 207828 0 0 0 MICHELLE S KIM VP STRATEGIC PARTNERSHIPS 153927 0 25000 0 8280 0 6157 0 3785 0 197149 0 0 0 Compensation from Related Organizations THE PRESIDENT, SECRETARY AND CEO, RICK SINGER, WAS COMPENSATED THROUGH TIGER WOODS FOUNDATION, INC., AND A RELATED 501(C)(3) ORGANIZATION, TIGER WOODS CHARITY EVENT CORPORATION, WHERE HE DEVOTED A COMBINED TOTAL OF 65 HOURS PER WEEK. IN CONJUNCTION WITH HIS DUTIES AS PRESIDENT AND CEO OF THE TIGER WOODS FOUNDATION, HE OVERSAW ALL FIVE TIGER WOODS LEARNING CENTERS AND ALL THE NATIONAL SCHOLARSHIP PROGRAMS. FIRST CLASS TRAVEL SCHEDULE J, PART I, LINES 1A AND 2 THE FOUNDATION PERMITS THE PRESIDENT/CEO TO FLY FIRST CLASS IN LIMITED CIRCUMSTANCES WHERE THERE IS A BONA FIDE BUSINESS PURPOSE. THERE IS NO FORMAL WRITTEN POLICY; HOWEVER, APPROVALS ARE GRANTED BY THE EXECUTIVE COMMITTEE BASED ON THE FACTS AND CIRCUMSTANCES. THE EXPENSE PAID FOR FORMER PRESIDENT/CEO WAS TREATED AS A NON-TAXABLE BENEFIT. A CALIFORNIA MUNICIPAL FINANCE AUTHORITY 201563466 1309114R8 2013-04-05 10775000 SEE PART VI false true false A 1124501 0 10775000 0 0 0 0 0 0 0 10775000 0 2013 false true true A false false false false 0 false false false true A false true false false true true BANK OF AMERICA 15. false false false 0 false true A false SCHEDULE K, PART I, COLUMN (F) REFINANCED THE OUTSTANDING PRINCIPAL OF THE CALIFORNIA STATEWIDE COMMUNITIES DEVELOPMENT AUTHORITY VARIABLE RATE DEMAND REVENUE BONDS (TIGER WOODS LEARNING CENTER FOUNDATION) SERIES 2006 (THE "REFUNDED BONDS") WHICH WERE ISSUED TO PROVIDE FUNDS TO THE BORROWER TO REPAY A CONSTRUCTION LOAN INCURRED BY THE BORROWER TO FUND THE COSTS OF ACQUISITION, CONSTRUCTION, IMPROVEMENT, RENOVATION, FURNISHING AND EQUIPPING OF ALL OF THE REAL AND PERSONAL PROPERTY CONSTITUTING THE "TIGER WOODS LEARNING CENTER," A TWO-STORY, 35,000 SQUARE FOOT BUILDING, INCLUDING A MULTIMEDIA CENTER, AN AUDITORIUM, CLASSROOMS, A COMPUTER LAB, A STUDENT LOUNGE AND CAFE, A PUTTING COURSE AND DRIVING RANGE, AND OTHER AMENITIES. ORGANIZATION'S MISSION CONTINUED FORM 990, PART III, LINE 1 THE TIGER WOODS FOUNDATION ("TWF") HAS A SIMPLE, UNIVERSAL VISION: TO HELP STUDENTS IN NEED THRIVE IN SCHOOL, THEIR COMMUNIITES AND THE WORKING WORLD. DESIGNED TO EQUIP STUDENTS WITH THE ABILITY TO EXCEED ANY AND ALL EXPECTATIONS, TWF'S COLLEGE-ACCESS PROGRAMS REACH UNDERSERVED YOUTH IN ALL STAGES OF ACADEMIC LIFE. THE GROUNDBREAKING TIGER WOODS LEARNING CENTER ("TWLC") IN ORANGE COUNTY, CA; WASHINGTON, D.C.; PHILADELPHIA, PA; QUANTICO, VA AND STUART, FL; AND THE EARL WOODS SCHOLARSHIP PROGRAM PROVIDES A WEALTH OF EDUCATIONAL OPPORTUNITIES TO YOUNG PEOPLE NATIONWIDE. TWLC'S OPERATE SCHOOL FACILITIES THAT MAINTAIN REGULAR FACULTY, CURRICULUM, AND HAVE A REGULARLY ENROLLED STUDENT BODY OF STUDENTS IN ATTENDANCE, WITHIN THE MEANING OF SECTION 170(B)(1)(A)(II) OF THE CODE. PROGRAM SERVICE ACTIVITIES FORM 990, PART III, LINE 4A, CONTINUED IN 2016, TWF ALSO EMBARKED ITS EXPANSION PLAN TO DEVELOP NATIONWIDE ACCESS WITH DIGITAL PROGRAMS. THE ONLINE PROGRAM(S) RECREATES THE LEARNING CENTER EXPERIENCE AND CURRICULUM ONTO DYNAMIC DIGITAL PLATFORM. MILLIONS OF STUDENTS WILL BE INTRODUCED TO OPTIONS FOR COLLEGE AND CAREERS IN STEM. BUILDING ON THESE TENETS, THE TIGER WOODS LEARNING CENTER HAS INTEGRATED RESEARCH ON WHAT YOUNG PEOPLE NEED TO BECOME HEALTHY AND THRIVING ADULTS. THE FOUNDATION HAS NEARLY SERVED 150,000 STUDENTS THROUGH ITS LEARNING CENTER PROGRAMS. CURRICULUM OFFERED: - SCHOOL DAY PROGRAM: ELEMENTARY SCHOOL - WEEK-LONG STUDENT/TEACHER ENRICHMENT DURING SCHOOL DAY. STUDENT CURRICULUM FOCUSED ON FORENSIC SCIENCE/MARINE SCIENCE. TEACHER PROFESSIONAL DEVELOPMENT - STANDARDS-BASED SCIENCE, AND TECHNOLOGY INTEGRATION. - AFTER SCHOOL PROGRAM: MIDDLE/HIGH SCHOOL AFTER-SCHOOL ENRICHMENT: OVER 50 STEM FOCUSED MODULES. EXAMPLES INCLUDE: BIOTECHNOLOGY, ENGINEERING, ROBOTICS, VIDEO PRODUCTION, VIDEO GAME DESIGN, NUTRITION/FITNESS, ENTREPRENEURSHIP AND AEROSPACE. TWLC-EXPANSION: IN 2008, THE TIGER WOODS FOUNDATION LAUNCHED ITS FIRST EXPANSION TWLC CAMPUS IN WASHINGTON, DC IN PARTNERSHIP WITH A LOCAL CHARTER SCHOOL. TWO ADDITIONAL CAMPUSES WERE ADDED IN PHILADELPHIA, PA AND STUART, FL THE FOLLOWING YEAR TO PROVIDE YOUTH WITH AUTHENTIC LEARNING EXPERIENCES IN ONE OR MORE TWLC SIGNATURE PROGRAMS FOCUSED ON SCIENCE, TECHNOLOGY, ENGINEERING AND MATH (STEM) CAREER EXPLORATION AND COLLEGE PREPARATION. A SECOND CAMPUS WAS OPENED IN PHILADELPHIA, PA IN 2013 AT THE CRISTO REY PHILADELPHIA HIGH SCHOOL. A CAMPUS WAS ALSO DEVELOPED IN COOPERATION WITH MARINE CORPS COMMUNITY SERVICES AT MCB-QUANTICO. IN 2014, TWF PROVIDED LIMITED PROGRAM SUPPORT A ROBOTICS PROGRAM AT ACHIEVEMENT FIRST, UNIVERSITY PREP HIGH SCHOOL IN NEW YORK, NY. TWLC CAMPUS STUDENTS HAVE ACCESS TO STATE-OF-THE-ART TECHNOLOGY AND LEARN HOW TO USE TOOLS VITAL TO WORKPLACE PRODUCTIVITY IN THE 21ST CENTURY. ALL EXPANSION LOCATIONS ARE SUPPORTED WITH ONGOING TRAINING, CURRICULUM MATERIALS, RESOURCE SUPPORT AND FUNDING. CAMPUS MODEL 1 - WASHINGTON, DC - CESAR CHAVEZ CHARTER SCHOOL TWLC MAINTAINS TWO DC LOCATIONS IN PARTNERSHIP WITH THE CESAR CHAVEZ PUBLIC CHARTER SCHOOL FOR PUBLIC POLICY. PATTERNED AFTER THE TWLC FLAGSHIP, THE CAMPUS MODEL 1 IS PROVIDED DEDICATED SPACE AT TWO CHAVEZ SCHOOLS, ONE ON CAPITOL HILL (GRADES 9-12) AND THE OTHER IN THE KENILWORTH NEIGHBORHOOD (GRADES 6-8 AND 9-12). TWF STAFF SERVES OVER 1,000 STUDENTS ANNUALLY IN ONSITE AND OUTREACH PROGRAMS WHERE STUDENTS CAN EARN HIGH SCHOOL CREDIT. CURRICULUM OFFERED: - CAPITOL HILL: HIGH SCHOOL STUDENTS - AFTER SCHOOL ENRICHMENT: COMMUNICATIONS, VIDEO GAME DESIGN, COLLEGE ACCESS, AND FILMMAKING; SCHOOL DAY ELECTIVE COURSE: ROBOTICS AND VIDEO JOURNALISM - PARKSIDE: MIDDLE SCHOOL STUDENTS - AFTER SCHOOL ENRICHMENT: GOING GREEN IN SCIENCE AND ENGINEERING; FIRST LEGO LEAGUE ROBOTICS CLUB; GRAPHIC DESIGN, VIDEO GAME DESIGN - SCHOOL DAY ELECTIVE COURSE: HIGH SCHOOL ROBOTICS - STEM CAREER CONFERENCE - SATURDAY HANDS-ON WORKSHOP FOR MIDDLE/HIGH SCHOOL STUDENTS FROM THE DC METRO AREA. SPECIFIC FOCUS ON CAREER EXPLORATION FOR STUDENTS AND COLLEGE PREPARATION FOR FAMILIES - SUMMER DAY CLASSES: OPEN TO STUDENTS THROUGHOUT DC METRO AREA - ONE-WEEK CONTENT INTENSIVE WORKSHOPS. EXAMPLES INCLUDE: TWLC CURRICULUM IN FORENSIC SCIENCE, INTRO TO COMPUTER PROGRAMMING, ASTRONOMY, VIDEO GAME DESIGN, COMMUNICATIONS, ROCKETRY AND VIDEO PRODUCTION CAMPUS MODEL 2 - PHILADELPHIA, PA; STUART, FL A SECOND EXPANSION MODEL INVOLVES TWF PROVIDING FUNDING AND PROGRAM RESOURCES TO LOCAL SCHOOLS AND/OR COMMUNITY BASED ORGANIZATIONS ASSISTING WITH THE SET-UP OF A TWLC-BRANDED ENVIRONMENT WITHIN ONE CLASSROOM OR DESIGNATED SPACE. FUNDING COVERS CURRICULUM, FACILITY INFRASTRUCTURE AND SUPPORTS A DEDICATED PROFESSIONAL DEVELOPMENT AND EVALUATION PROGRAM, WHICH INCLUDES SPECIALIZED TRAINING AT THE FLAGSHIP FACILITY IN ANAHEIM. KEY COMPONENTS TO IDENTIFYING AN ACADEMIC PARTNER INCLUDE: RESEARCH ON LOCAL DEMOGRAPHICS, SCHOOL PERFORMANCE ON STATE/NATIONAL ASSESSMENTS, AND A SHARED COMMITMENT TO DEVELOPING A COLLABORATIVE RELATIONSHIP WHERE BOTH TWF AND THE LOCAL ENTITY CAN LEARN AND GROW TOGETHER. IN THIS MODEL SITE-BASED STAFF ADMINISTERS THE PROGRAM WHILE TWF PROGRAM STAFF PROVIDES BOTH CONSULTATION AND EXTERNAL SUPPORT TO ENSURE FIDELITY OF IMPLEMENTATION. STUART, FL - MURRAY MIDDLE SCHOOL OFFERED AS AN AFTER-SCHOOL PROGRAM, TEACHERS AT MURRAY MIDDLE SCHOOL HAVE DELIVERED TWF FORENSIC SCIENCE, UNIVERSAL SCIENCE AND VIDEO GAME DESIGN TO THEIR STUDENTS. IN ADDITION, SCHOOL STAFF HAS BEEN TRAINED IN POSITIVE YOUTH DEVELOPMENT METHODS AND HAVE INTEGRATED ACTIVITIES INTO THEIR ADVISORY CLASSES AT ALL GRADE LEVELS. PHILADELPHIA, PA - KIPP - DUBOIS COLLEGIATE PREPARATORY ACADEMY OFFERS THEIR HIGH SCHOOL STUDENTS THE OPPORTUNITY TO DO HANDS-ON ACTIVITIES LIKE DISSECTION, VIDEO GAME DESIGN, BIOTECHNOLOGY, ENGINEERING AND CRIME SCENE INVESTIGATION. DELIVERED AS A FOR-CREDIT CLASS, STUDENTS PARTICIPATE IN A SATURDAY ENRICHMENT WORKSHOP WHERE THEY ARE ABLE TO SPEND MORE TIME EXPLORING SCIENTIFIC CONCEPTS. PHILADELPHIA, PA - CRISTO REY PHILADELPHIA HIGH SCHOOL THROUGH A PARTNERSHIP WITH USLI AND CRISTO REY PHILADELPHIA, THE TWLC CAMPUS AT CRISTO REY OFFERS UNIQUE STEM (SCIENCE, TECHNOLOGY, ENGINEERING, MATH) PROGRAMMING. COURSES INCLUDE TETRIX ROBOTICS, WHERE STUDENTS USE THEIR CREATIVITY TO BUILD ROBOTS WHILE EXPLORING THE WORLD OF ENGINEERING, AND UNIVERSAL SCIENCE, WHICH FOCUSES ON CHEMISTRY AND BIOLOGY. ADDITIONALLY THE TWLC CAMPUS PROVIDES MENTORING AND TEACHER-DEVELOPMENT TRAINING. QUANTICO, VA - QUANTICO MIDDLE-HIGH SCHOOL. THROUGH A PARTNERSHIP WITH MARINE CORPS COMMUNITY SERVICES, THE TWLC CAMPUS AT MCB-QUANTICO OFFERS FORENSIC SCIENCE TO MIDDLE SCHOOL STUDENTS ATTENDING QUANTICO MIDDLE HIGH SCHOOL. ADDITIONALLY, THE TWLC CAMPUS PROVIDES MENTORING, TEACHER DEVELOPMENT, AND COLLEGE ACCESS TRAINING FOR STUDENTS AND PARENTS. NEW YORK, NY - ACHIEVEMENT FIRST, UNIVERSITY PREP HIGH SCHOOL THROUGH A PARTNERSHIP WITH ACHIEVEMENT FIRST SCHOOLS, THE TWF PROVIDES EQUIPMENT, INSTRUCTOR TRAINING AND SUPPORT FOR A ROBOTICS TEAM AT UNIVERSITY PREP HIGH SCHOOL. SUMMER CLASSES AND OUTREACH: SIX ONE-WEEK CLASSES AT THE TWLC-OC AND TWLC-DC ELEMENTARY/MIDDLE/HIGH SCHOOL; SUMMER ACADEMY RESIDENTIAL PROGRAM FOCUSED ON STEM AND GOLF FOR CHILDREN FROM MILITARY FAMILIES; COLLEGE BOUND ACADEMY. GOLF OUTREACH: TWLC-OC HOSTS WEEKLY CLINICS EACH SATURDAY AT THE TWLC GOLF FACILITY. THE MOBILE GOLF PROGRAM TAKES THE TWLC GOLF PROGRAM ON THE ROAD TO LOCAL ELEMENTARY SCHOOLS. OFFERED TO ORANGE COUNTY STUDENTS IN GRADES 5-6, THIS THREE-PHASE PROGRAM EMPHASIZES THE FUNDAMENTALS OF PUTTING, PITCHING AND THE FULL SWING. BOUND ACADEMY. GOLF OUTREACH: TWLC-OC HOSTS WEEKLY CLINICS EACH SATURDAY AT THE TWLC GOLF FACILITY. THE MOBILE GOLF PROGRAM TAKES THE TWLC GOLF PROGRAM ON THE ROAD TO LOCAL ELEMENTARY SCHOOLS. OFFERED TO ORANGE COUNTY STUDENTS IN GRADES 5-6, THIS THREE-PHASE PROGRAM EMPHASIZES THE FUNDAMENTALS OF PUTTING, PITCHING AND THE FULL SWING. FORM 990, PART III, LINE 4C, CONTINUED TO QUALIFY, STUDENTS MUST DEMONSTRATE OUTSTANDING ACADEMIC ACHIEVEMENT, FINANCIAL NEED AND A COMMITMENT TO COMMUNITY. THE EARL WOODS SCHOLAR PROGRAM CONTINUES TO BE SUCCESSFUL MEASURING 98% GRADUATION RATE IN 2016. FUNDING TUITION IS JUST ONE OF THE MANY HURDLES FACING FIRST-GENERATION COLLEGE STUDENTS. MANY ARE LEAVING HOME FOR THE FIRST TIME, ATTEMPTING TO JUGGLE WORK AND CLASS WHILE SCRAPING TOGETHER ENOUGH MONEY FOR BOOKS AND OTHER SUPPLIES. MORE THAN 91% OF OUR SCHOLARS ARE FIRST-GENERATION COLLEGE STUDENTS, NAVIGATING THROUGH COLLEGE ON THEIR OWN. EWS IS AN INCREDIBLE SUPPORT NETWORK THAT INCLUDES ADMISSIONS COUNSELING, DEDICATED MENTORS, SPECIALIZED INTERNSHIPS, FINANCIAL ASSISTANCE, PROFESSIONAL WORKSHOPS, AND CAREER DEVELOPMENT SERVICES FOR EACH SCHOLAR ACCEPTED INTO THE PROGRAM. WORKSHOPS INCLUDE RESUME-WRITING, MOCK INTERVIEWS, INFORMATION ABOUT GRADUATE SCHOOL AND BEGINNING THE CAREER SEARCH. IT IS IMPORTANT TO UNDERSCORE THAT SCHOLARS RECEIVE TWF FINANCIAL ASSISTANCE FOR TUITION, BOOKS, AND TRAVEL HOME AS WELL AS FOR TWF WORKSHOPS AND WINTER CLOTHING. ANOTHER ASPECT OF THE EWS ARE PRE-COLLEGE WORKSHOPS DESIGNED TO GET YOUNG PEOPLE TO UNDERSTAND THAT IT IS NOT TOO EARLY TO START THINKING ABOUT COLLEGE AND THE BENEFITS OF A COLLEGE EDUCATION. THE WORKSHOPS ARE DESIGNED TO HELP STUDENTS FINISH HIGH SCHOOL PREPARED FOR POSTSECONDARY EDUCATION AND WITH A CLEAR IDEA ON HOW TO BEST APPROACH THE APPLICATION PROCESS AND SECURE FINANCIAL AID. THE PROGRAM ALSO ENGAGES PARENTS WITH INFORMATION REGARDING THE PROCESS THEIR STUDENTS ARE GOING THROUGH DURING MIDDLE AND HIGH SCHOOL, AND HOW TO BE ADVOCATES FOR THEIR STUDENTS' EDUCATIONAL SUCCESS. THIS COLLEGE ACCESS PROGRAM IS OFFERED FOR FREE TO STUDENTS AND THEIR FAMILIES WHO ARE INTERESTED IN HIGHER EDUCATION AND HELPS INFORM THEM OF ITS IMPORTANCE AND AFFORDABILITY. MEMBERS OF THE ORGANIZATION FORM 990, PART VI, LINE 7A THE ORGANIZATION HAS A SOLE MEMBER. THE MEMBER'S CLASS IS NONVOTING. THE MEMBER ELECTS AND DESIGNATES THE BOARD OF GOVERNORS. ALL CORPORATE POWERS ARE MANAGED UNDER THE DIRECTION OF THE BOARD OF GOVERNORS. PROCESS FOR REVIEW OF FORM 990 FORM 990, PART VI, LINE 11 THE BOARD OF GOVERNORS HAS DELEGATED THE REVIEW OF THE FORM 990 TO THE AUDIT COMMITTEE. THE ORGANIZATION'S EXECUTIVE STAFF WORKS CLOSELY WITH THE OUTSIDE ACCOUNTING FIRM IT ENGAGES TO REVIEW THE RETURN; AND THE FINAL DRAFT OF FORM 990 IS ALSO REVIEWED BY THE TREASURER/CFO PRIOR TO PROVIDING THE DRAFT TO THE AUDIT COMMITTEE. IN ADDITION TO CONSULTING WITH THE TREASURER/CFO AND EXECUTIVE STAFF, THE AUDIT COMMITTEE ALSO MEETS WITH THE ACCOUNTING FIRM HIRED TO PREPARE THE FORM 990. SUBSEQUENT TO ITS REVIEW, THE AUDIT COMMITTEE REPORTS BACK TO THE BOARD REGARDING ITS OVERSIGHT OF THE FORM 990 AND THE FINAL DRAFT IS PROVIDED TO THE ENTIRE BOARD BEFORE THE RETURN IS FILED. ITS OVERSIGHT OF THE FORM 990 AND THE FINAL DRAFT IS PROVIDED TO THE ENTIRE BOARD BEFORE THE RETURN IS FILED. CONFLICT OF INTEREST POLICY FORM 990, PART VI, LINE 12C PURSUANT TO THE CONFLICT OF INTEREST POLICY, AN ANNUAL CONFLICT OF INTEREST QUESTIONNAIRE, AIMED AT DETERMINING ANY FAMILY AND BUSINESS RELATIONSHIP TRANSACTIONS OR OTHER TRANSACTIONS THAT MAY POSE A POTENTIAL CONFLICT, IS DISTRIBUTED TO ALL COVERED PERSONS (I.E., BOARD MEMBERS, OFFICERS AND EXECUTIVE LEADERSHIP OR KEY EMPLOYEES). COVERED PERSONS ARE REQUIRED TO DISCLOSE REAL OR POTENTIAL CONFLICTS AT THE TIME WHEN SUCH CONFLICTS ARISE. WHEN SOMEONE BECOMES A COVERED PERSON AND ANNUALLY THEREAFTER, EACH COVERED PERSON IS REQUIRED TO SIGN A STATEMENT AFFIRMING THAT HE/SHE: (1) HAS RECEIVED A COPY OF THE CONFLICT OF INTEREST POLICY; (2) HAS READ THE POLICY AND UNDERSTANDS SAID POLICY; AND (3) AGREES TO COMPLY WITH ALL REQUIREMENTS OF THE POLICY, INCLUDING COMPLETING THE CONFLICT OF INTEREST QUESTIONNAIRE. THE PROCEDURES FOR ADDRESSING ANY CONFLICT OF INTEREST INCLUDES, BUT IS NOT LIMITED TO, THE FOLLOWING: (1) THE CONFLICTING INTEREST IS FULLY DISCLOSED TO THE BOARD; (2) THE INTERESTED PERSON RESPONDS TO FACTUAL QUESTIONS RELATED TO THE SUBSTANCE OF THE TRANSACTION OR ARRANGEMENT BEING CONSIDERED, AFTER WHICH HE/SHE SHALL LEAVE THE MEETING; (3) THE PERSON WITH THE CONFLICT OF INTEREST IS EXCLUDED FROM THE DISCUSSION AND APPROVAL OF SUCH TRANSACTION; (4) ALTERNATIVES TO THE PROPOSED TRANSACTION ARE INVESTIGATED, COMPETITIVE BIDS OR COMPARABLE VALUATIONS ARE OBTAINED; (5) ANY CONFLICTING ISSUES DURING THE COURSE OF A BOARD MEETING THAT CANNOT BE RESOLVED IS REFERRED TO THE GOVERNANCE COMMITTEE; AND (6) THE TRANSACTION OR ACTION MUST BE APPROVED BY A MAJORITY OF DISINTERESTED PERSONS. OFFICER COMPENSATION DETERMINATION FORM 990, PART VI, LINE 15a THE BOARD APPOINTS A COMPENSATION COMMITTEE, NONE OF WHICH HAVE A CONFLICT OF INTEREST WITH RESPECT TO THE COMPENSATION ARRANGEMENT, TO BE ACCOUNTABLE FOR SETTING REASONABLE COMPENSATION PACKAGES FOR THE CEO. THE COMPENSATION COMMITTEE DEVELOPS, CONSISTENT WITH THE ORGANIZATION'S PHILOSOPHY AND PRINCIPLES. THE ANNUAL PERFORMANCE GOALS AND CRITERIA TO BE USED IN DETERMINING MERIT INCREASES AND VARIABLE COMPENSATION CRITERIA FOR OFFICERS AND KEY EMPLOYEES. THE COMPENSATION COMMITTEE ALSO HIRES A QUALIFIED INDEPENDENT COMPENSATION AND BENEFITS SPECIALIST (INDEPENDENT EXPERT) TO REVIEW, ANALYZE AND PROVIDE BENCHMARKING DATA FOR THE TOTAL COMPENSATION AND BENEFITS PACKAGE. APPROPRIATE COMPARABILITY DATA IS OBTAINED FROM AN INDEPENDENT EXPERT (I.E., TOTAL ECONOMIC BENEFITS PAID BY SIMILARLY SITUATED ORGANIZATIONS, BOTH TAXABLE AND TAX-EXEMPT) FOR SIMILAR JOB RESPONSIBILITIES. THE COMPENSATION COMMITTEE APPROVES THE COMPENSATION ANNUALLY. INCENTIVE COMPENSATION IS DETERMINED BY THE COMPENSATION COMMITTEE AT THE END OF THE CALENDAR YEAR BASED ON THE EMPLOYEE'S PERFORMANCE AGAINST STATED GOALS FOR THAT YEAR. THE COMMITTEE'S WRITTEN RECORDS INCLUDE THE (1) TERMS OF THE ARRANGEMENT WITH THE DISQUALIFIED PERSON (INCLUDING THE DATE THE ARRANGEMENT WAS APPROVED); AND (2) A DESCRIPTION OF THE COMPARABLE DATA RELIED ON BY THE COMMITTEE. KEY DELIBERATIONS OF THE COMMITTEE, INCLUDING: (A) THE TERMS OF THE TRANSACTION THAT WAS APPROVED AND THE DATE IT WAS APPROVED; (B) THE MEMBERS OF THE AUTHORIZED BODY WHO WERE PRESENT DURING DEBATE ON THE TRANSACTION THAT WAS APPROVED AND THOSE WHO VOTED ON IT; (C) THE COMPARABILITY DATA OBTAINED AND RELIED UPON BY THE AUTHORIZED BODY AND HOW THE DATA WAS OBTAINED; AND (D) ANY ACTIONS TAKEN WITH RESPECT TO CONSIDERATION OF THE TRANSACTION BY ANYONE WHO IS OTHERWISE A MEMBER OF THE AUTHORIZED BODY BUT WHO HAD A CONFLICT OF INTEREST WITH RESPECT TO THE TRANSACTION ARE ALSO DOCUMENTED IN MINUTES WHICH ARE APPROVED AT THE NEXT COMMITTEE MEETING. OTHER OFFICER COMPENSATION DETERMINATION POLICY FORM 990, PART VI, LINE 15B THE FOUNDATION FOLLOWS THE SAME PROCESS FOR DETERMINING COMPENSATION PACKAGES FOR OTHER OFFICERS AND KEY EMPLOYEES AS IT DOES FOR THE CEO. DOCUMENTS AVAILABLE TO THE PUBLIC FORM 990, PART VI, LINE 19 WHILE FEDERAL TAX LAWS DO NOT MANDATE THAT THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS BE MADE AVAILABLE FOR PUBLIC INSPECTION, THE ORGANIZATION MAKES ITS AUDITED FINANCIAL STATEMENTS THAT WERE PREPARED IN ACCORDANCE WITH GENERALLY ACCEPTED ACCOUNTING PRINCIPLES (GAAP) AVAILABLE UPON REQUEST. RECONCILIATION OF NET ASSETS FORM 990, PART XI, LINE 9 UNREALIZED LOSS ON INTEREST RATE SWAP (204,540) TIGER WOODS LEARNINGS CENTER DC CAMPUSES 121 INNOVATION DR SUITE 150 IRVINE CA 92617 453467705 EDUCATION DC 132983 5404565 TWF TIGER WOODS CHARITY EVENT CORPORATION 121 INNOVATION DR SUITE 150 IRVINE CA 92617 061554474 FUNDRAISING CA 501(C)(3) 11 TWF true false false true false false false false false false false false false false true true true true false false TIGER WOODS CHARITY EVENT CORPORATION c 1517600 SEE PART VII METHOD OF DETERMINING AMOUNT INVOLVED Form Sch R Part V Line 2 GRANT RECEIVED (C): THE CASH GRANTS FROM THE TIGER WOODS CHARITY EVENT CORPORATION WERE DETERMINED BASED ON THE RECIPIENT CHARITABLE ORGANIZATION'S OPERATIONAL NEEDS AND WAS APPROVED BY THE FOUNDATION'S BOARD DURING THE ANNUAL BUDGETING PROCESS FOR 2016-2017.