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: Verified by RoundPaper

FY 2024

Verified NonprofitLast Filed 2024EIN 57-0835114

Heritage Classic Foundation

HILTON HEAD ISLAND, SCNTEE: T70ZFounded 1987Website

mission statement

The heritage classic foundation's primary exempt purpose is to distribute the net profits from a pga tour event to local and statewide charities.

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Total Revenue

$19.0M

FY 2024

Program Spending

98.4%

of total expenses

Known Funders

2019–2024 filings

Key Metrics (FY 2024)

The Numbers

$16.8M

Total Assets

$8.1M net

5.9 mo

Operating Reserves

FY 2024

+31%

Revenue Growth

YoY

Total Employees

FY 2024

Funding Track Record

Backed by 52 Institutional Funders

$3.3M raised across 149 grants · +$20K committed (2019–2024 filings)

Funder Geography

Funders across 18 states (2019–2024 filings)

Institutional Funding by Year

PaidCommittedBoth

Funder	Location	Total Awarded
Pga Tour Inc	PONTE VEDRA BEACH, FL	$1,067,707
Fidelity Investments Charitable Gift Fund	BOSTON, MA	$686,607
Community Foundation of the Lowcountry Inc	Hilton Head Island, SC	$232,921
Donor Advised Charitable Giving Inc	SAN FRANCISCO, CA	$186,450
Morgan Stanley Global Impact Funding Trust Inc	INDIANAPOLIS, IN	$133,500
Congaree Foundation	Houston, TX	$100,000
Kilrea Foundation 23-06787 01	CHICAGO, IL	$78,400
Grapevine Giving Foundation	NEW YORK, NY	$69,279
The Gleason Family Foundation Inc	HILTON HEAD ISLAND, SC	$55,000
Natl Christian Charitable Fdn Inc	ALPHARETTA, GA	$52,600

Total tracked: $3,325,744 across 149 grants · +$20,000 committed across 2 commitments (2019–2024 filings)

Totals reflect grants as reported on funder tax returns. Timing may not match recipient revenue: funder and recipient fiscal years often differ, and grants paid by a funder in one year may be recognized by the recipient in a different year.

Programs (FY 2024)

What They Do

$13.2M in expenses

The primary mission of the heritage classic foundation is accomplished by operating a pga tour sanctioned golf tournament known as the RBC heritage presented by boeing. The net procees from the tournament played at the harbour town golf links, hilton head island, SC are used to make distributions to other not-for-profit organizations through grant distributions and scholarships.

$3.1M in expenses

The champions fore charity and birdies for charity are programs we have to encourage donations to local charitable organizations wherein our organization supplements those donations for the benefit of other specific not-for-profit organizations.

$13K in expenses

Our tartan club program supports the heritage classic foundation's scholar program.

Financial History