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
98%
Source: IRS Form 990, tax year 2024.
Who funds HERITAGE CLASSIC FOUNDATION
$2.7M in foundation grants on record from 43 funders — matched from IRS 990 grant line items. Some matches may be approximate.
| Funder | Total given | Grants |
|---|---|---|
| Pga Tour | $718K | 3 |
| Fidelity Investments Charitable Gift Fund | $547K | 4 |
| Community Foundation of the Lowcountry | $390K | 7 |
| Donor Advised Charitable Giving | $250K | 4 |
| Morgan Stanley Global Impact Funding Trust | $104K | 3 |
| Grapevine Giving Foundation | $88K | 3 |
| Gleason Family Foundation | $55K | 3 |
| Kilrea Foundation | $48K | 3 |
| Thorpe Family Foundation | $47K | 4 |
| Raymond James Charitable Endowment Fund | $35K | 3 |
Leadership
J SIMON FRASER — Chairman (Principal officer)
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