$9.6M in expenses

In addition to the contributions the organization made through the birdies for charity program, described below, thunderbirds charities made total contributions in the amount of $9,620,500 to various 501(c)(3) organizations. The following is a summary of the different types of organizations and the total donations made to each of the five different categories: 1) community outreach/quality of life: total awards $1,118,500; 3 organizations received a total of $535,000 for capital projects and 18 organizations received a total of $583,500 for program funding. (cont'd on SCH o)2) at-risk youth & families: total awards $3,195,000; 2 organizations received a total of $370,000 for capital projects and 36 organizations received a total of $2,825,000 for program funding. 3) domestic violence/homeless/poverty: total awards $2,155,000; 20 organizations received a total of $2,155,000 for program funding. 4) education: total awards $1,190,000; 1 organization received a total of $500,000 for capital projects and 21 organizations received a total of $690,000 for program funding. 5) improving the lives of the physically & mentally challenged: total awards $1,962,000; 2 organizations received a total of $400,000 for capital projects and 23 organizations received a total $1,562,000 for program funding.

$1.4M in expenses

Birdies for charity program is a two-part program designed to generate donations to local non-profit organizations. The birdies program allows local non-profit organizations to collect pledges based on the number of birdies made during the WM phoenix open. Thunderbirds charities provides all materials for the pledge drives and collects the pledges after the event. Thunderbirds charities then adds 10% to the amount collected and pays the total to the 501(c)(3) organizations. The total amount of donations received was $568,525. The total of 501(c)(3) charitable organizations that received funding through the birdies for charity program was 59 for a total donation amount of (cont'd on SCH o)$625,044 (matching funds of $56,519)the birdies for charity corporate partner program raises money from major sponsors of the WM phoenix open for specific charities. Thunderbirds charities provides 50% matching funds to these charities, up to a maximum of $12,500the total amount of donations received from sponsors was $520,000 and the total matching funds from thunderbirds charities was $260,000. The program total was $780,000.