Program areas at The Principal Charity Classic
The Principal Charity Classic's (pcc) objective is to raise funds for Iowa charities primarily through donations and sponsorship. The pcc tournament is held annually in order to contribute to The economic vitality and quality of life in central Iowa by heightening awareness of The selected Charitable institutions and providing access to The cultural benefits of professional level Golf activities. Each year The tournament raises significant funds from private contributions, sponsorships, and sales of tickets that are distributed to local Charitable organizations. These Charitable funds are distributed through two main programs: birdies for Charity and tournament Charity partners. In fiscal year 2022, pcc increased revenue by $211,670 and increased net ordinary income $353,610.
In fiscal year 2022, tournament Charity partners received a total of $550,977.
Birdies for Charity is a program designed to provide financial support to 501(c)(3) charities benefiting children throughout Iowa. Donors may pledge funds to a participating Charity as a flat amount. Total funds received increased by $773,510 from $6,209,267 to $6,982,777.
Grants made by The Principal Charity Classic
Who funds The Principal Charity Classic
Grants from foundations and other nonprofits
Personnel at The Principal Charity Classic
| Name | Title | Compensation | Date of data |
|---|
| Steve Nieman | Executive Director | | 2024-02-06 |
| Chris Burch | Operations Director in His | | 2024-02-06 |
| Karena Ries | Community Relations and Marketing Manager | | 2024-02-06 |
| Skyler Hoth | Sales and Special Events Manager | | 2024-02-06 |
| Ken McCullum | Board Chair | $0 | 2024-02-06 |
| ...and 3 more key personnel |
Financials for The Principal Charity Classic
| Revenues | FYE 07/2022 | FYE 07/2021 | % Change |
|---|
| Total grants, contributions, etc. | $6,982,777 | $6,209,267 | 12.5% |
| Program services | $7,022,729 | $6,811,059 | 3.1% |
| Investment income and dividends | $0 | $35,601 | -100% |
| Tax-exempt bond proceeds | $0 | $0 | - |
| Royalty revenue | $0 | $0 | - |
| Net rental income | $0 | $0 | - |
| Net gain from sale of non-inventory assets | $-49,702 | $0 | -999% |
| Net income from fundraising events | $0 | $0 | - |
| Net income from gaming activities | $0 | $0 | - |
| Net income from sales of inventory | $0 | $0 | - |
| Miscellaneous revenues | $0 | $0 | - |
| Total revenues | $13,955,804 | $13,055,927 | 6.9% |
Organizations like The Principal Charity Classic
| Organization | Type | Location | Revenue |
|---|
| USA Track and Field Foundation | 501(c)(3) | Salem, OH | $4,009,737 |
| Challenged Athletes Foundation (CAF) | 501(c)(3) | San Diego, CA | $15,136,536 |
| Arizona Diamondbacks Foundation | 501(c)(3) | Phoenix, AZ | $5,515,145 |
| Baltimore Sports Tourism Development Council | 501(c)(3) | Baltimore, MD | $3,897,618 |
| Rocket Giving Fund | 501(c)(3) | Detroit, MI | $14,851,439 |
| Norton Healthcare Sports and Learning | 501(c)(3) | Louisville, KY | $4,082,137 |
| Guaranteed Rate Bowl | 501(c)(3) | Scottsdale, AZ | $5,058,969 |
| Far Hills Race Meeting Association | 501(c)(3) | Far Hills, NJ | $3,701,526 |
| New Orleans 2022 Local Organizing Committee | 501(c)(3) | Metairie, LA | $9,739,820 |
| Thunderbirds Charities | 501(c)(3) | Phoenix, AZ | $6,410,602 |
Data update history
October 25, 2023
Updated personnel
Identified 10 new personnel
August 19, 2023
Posted financials
Added Form 990 for fiscal year 2021
August 3, 2023
Posted financials
Added Form 990 for fiscal year 2022
Nonprofit Types
Grantmaking organizationsSports competitionsSports organizationsCharities
Issues
Human servicesSports
Characteristics
Provides grantsPartially liquidatedState / local levelCommunity engagement / volunteeringTax deductible donationsNo full-time employees
General information
- Address
- PO Box 93905
- Des Moines, IA 50393
- County
- Polk County, IA
- Website URL
- principalcharityclassic.com/Â
- Phone
- (515) 279-4653
IRS details
- EIN
- 81-2651226
- Fiscal year end
- July
- Taxreturn type
- Form 990
- Year formed
- 2015
- Eligible to receive tax-deductible contributions (Pub 78)
- Yes
Categorization
- NTEE code, primary
- N70: Amateur Sports Competitions
- NAICS code, primary
- 813211: Grantmaking Foundations
- Parent/child status
- Independent
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