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Data / Foundation grants / Masters Tournament Foundation Inc

Masters Tournament Foundation Inc: 10 grants to organizations, $63.7 million (tax year ended December 2024)

Masters Tournament Foundation Inc, a private foundation in Augusta, GA, paid 10 grants to organizations totaling $63,692,503 in its tax year ended December 2024, according to its Form 990-PF filed with the IRS on November 17, 2025. The largest was $62,019,503 to Masters Tournament Charities Inc in Augusta, GA for community support, enrichment, and foster sport of golf.

SpecStream is the live web data engine for teams and agents. It reads every private foundation's Form 990-PF as the IRS publishes it, and this page is that reading. Ask for the foundations that fund your cause in your state, with the amounts and purposes, and new grants arrive in your sheet, CRM, Slack or agent as the returns are filed.

EIN
274452110
Based in
Augusta, GA
Assets
$18,314,880
Grants paid
$1,673,000
Tax year ended
December 2024

Grants paid, tax year ended December 2024

From the Form 990-PF filed November 17, 2025, IRS object ID 202503219349103610. It reported $1,673,000 in grants paid; 10 grants to organizations are listed.

RecipientLocationPurposeCauseAmountSource
Masters Tournament Charities IncAugusta, GACommunity support, enrichment, and foster sport of golfRecreation and sports$62,019,503apps.irs.gov
Pga Tour First Tee Foundation IncPonte Vedra Beach, FLFoster sport of golfRecreation and sports$500,000apps.irs.gov
First Tee of AugustaAugusta, GAFoster sport of golf$400,000apps.irs.gov
Pga Foundation IncPonte Vedra Beach, FLFoster sport of golf$200,000apps.irs.gov
The Lpga FoundationDaytona Beach, FLFoster sport of golfEducation$200,000apps.irs.gov
UsgaLiberty Corner, NJFoster sport of golf$200,000apps.irs.gov
Caf AmericaAlexandria, VAFoster sport of golf$108,000apps.irs.gov
National Golf FoundationJupiter, FLFoster sport of golf$25,000apps.irs.gov
The Georgia Golf & Environmental Foundation IncHartwell, GAFoster sport of golf$25,000apps.irs.gov
The Environmental Institute for GolfLawrence, KSFoster sport of golf$15,000apps.irs.gov

Grants paid, tax year ended December 2023

From the Form 990-PF filed February 28, 2025, IRS object ID 202510599349100401. It reported $498,000 in grants paid; 6 grants to organizations are listed.

RecipientLocationPurposeCauseAmountSource
World Golf FoundationSt Augustine, FLFoster sport of golf$150,000apps.irs.gov
Caf AmericaAlexandria, VAFoster sport of golf$108,000apps.irs.gov
First Tee of AugustaAugusta, GAFoster sport of golf$100,000apps.irs.gov
Pga Foundation Inc Dba Pga ReachFrisco, TXFoster sport of golf$100,000apps.irs.gov
The Georgia Golf Environmental Foundation IncHartwell, GAFoster sport of golf$25,000apps.irs.gov
The Environmental Institute for GolfLawrence, KSFoster sport of golf$15,000apps.irs.gov

Causes funded

From grants whose recipient has a cause.

CauseGranted
Recreation and sports$62,519,503
Education$200,000

States funded

Recipient stateGranted
Georgia$62,569,503
Florida$1,075,000
Virginia$216,000
New Jersey$200,000
Texas$100,000
Kansas$30,000

Also on SpecStream

Updated November 17, 2025. Read from IRS Form 990-PF e-file data. Public domain (U.S. government work). Grants are as each foundation reported them to the IRS on its Form 990-PF. Grants to individuals are left out. A grant has a cause only where the recipient's name and city match one organization in the IRS Business Master File, and the cause is that organization's NTEE major group. Free to reuse with credit to SpecStream under CC BY 4.0. Spot a wrong value? Write to [email protected] with the link to this page.