From public IRS filings
HERITAGE CLASSIC FOUNDATION
HILTON HEAD, SC · Philanthropy & Voluntarism
Mission
THE HERITAGE CLASSIC FOUNDATION'S PRIMARY EXEMPT PURPOSE IS TO DISTRIBUTE THE NET PROFITS FROM A PGA TOUR EVENT TO LOCAL AND STATEWIDE CHARITIES.
Financials (IRS Form 990)
Total revenue
$19M
Total expenses
$16.5M
Total assets
$16.8M
Program expense ratio
9836%
Source: IRS Form 990, tax year 2024.
Who funds HERITAGE CLASSIC FOUNDATION
$1.2M in foundation grants on record from 24 funders — from IRS 990 grant line items.
| Funder | Total given | Grants |
|---|---|---|
| Pga Tour | $718K | 3 |
| Community Foundation of the Lowcountry | $390K | 7 |
| Fidelity Investments Charitable Gift Fund | $312K | 2 |
| Donor Advised Charitable Giving | $250K | 4 |
| Grapevine Giving Foundation | $88K | 3 |
| Morgan Stanley Global Impact Funding Trust | $74K | 2 |
| Raymond James Charitable Endowment Fund | $35K | 3 |
| David M Carmines Memorial Fund | $30K | 1 |
| American Endowment Foundation | $24K | 2 |
| Greater Kansas City Community Foundation | $22K | 1 |
Leadership
J SIMON FRASER — Chairman (Principal officer)
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