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Golf Charitable Foundation of Greater Des Moines
Also known as The Principal Charity Classic
Golf Charitable Foundation of Greater Des Moines reported $16.4 million in revenue and $16.7 million in expenses for the fiscal year ending July 31, 2025. Of every $100 it spent, $92.98 went to program services, $3.88 to management and general costs and $3.14 to fundraising. Its largest source of revenue was contributions and grants: 56.2% of the total. The highest compensation it reported for one person was $442,124 (VICE-CHAIR AND DIRECTOR). Revenue rose 105% between FY2020 and FY2025. Source: Form 990, FY2025.
Where $100 of spending went
The fiscal year ending July 31, 2025 · Form 990, Part IX, line 25 · total expenses $17MFor context, the median across 1,001 covered philanthropy, voluntarism & grantmaking charities: $91.65 programs, $6.50 management, $1.85 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
The fiscal year ending July 31, 2025 · Form 990, Part VIII · total revenue $16MThe 990 scorecard · same measures for every charity, no grades
| Measure | FY2025 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 93.0% | 90.2% |
| Management & general Part IX 25(C) ÷ 25(A) | 3.9% | 6.4% |
| Fundraising Part IX 25(D) ÷ 25(A) | 3.1% | 1.8% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.06 | $0.02 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 56.2% | 79.9% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 0.0% | 0.0% |
| Program service revenue share Part VIII 2g ÷ 12 | 43.5% | 0.0% |
| Highest reported compensation Part VII-A, columns D–F | $442,124 | $325,675 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 2.65% | 1.56% |
| People paid over $100,000 Part VII, line 2 | 0 | 3 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 0.6 | 56.6 |
| Independent voting board members Part VI 1a–1b | 19 of 20 | 100.0% |
A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.
What the money paid for, in its own words
FY2025 · Form 990, Part III · the three largest programs by expenseThe principal charity classic's (pcc) objective is to raise funds for iowa charities primarily through donations and sponsorships. 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 through two main programs: birdies for charity and tournament…
Highest reported compensation
FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| VICE-CHAIR AND DIRECTOR Director/trustee, officer, 1.00 hrs/week | $0 | $366,599 | $75,525 | $442,124 |
0 people received more than $100,000 in reportable compensation from Golf Charitable Foundation of Greater Des Moines (Part VII, line 2).
6 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means- Voting board members, and how many are independent Part VI, lines 1a–1b20 · 19 independent
- Audited financial statements Part XII 2bYes
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13Yes
- Document retention policy Part VI 14Yes
- Independent process for top executive pay Part VI 15aNo
- Board given the 990 before filing Part VI 11aYes
- Family or business ties among insiders Part VI 2Yes
- Aware of a significant diversion of assets Part VI 5No
- Excess benefit transaction with an insider Part IV 25aNo
- Loans to or from insiders outstanding Part IV 26No
- Lobbying, or a 501(h) election in effect Part IV 4No
- Over $15,000 of professional fundraising services Part IV 18No
- Over $10,000 of activity outside the U.S. Part IV 14bNo
- Employees Part I, line 50
- Volunteers Part I, line 61,124
Largest outside contractors
FY2025 · Form 990, Part VII, Section B · businesses only| EVENTIVE SPORTS PROPERTIES Tournament management | $700,764 |
| WAKONDA CLUB Tournament facility | $539,023 |
| PARTYTIME - HDO OPERATIONS Tournament structures/tents | $155,024 |
| PRO EM OPERATIONS LLC Tournament structures/tents | $127,400 |
| PAR CATERERS Tournament food and beverage | $102,137 |
Individuals listed as contractors are left out. 5 contractors were paid more than $100,000 in all.
Private foundation grants it received
1 private foundation reported grants to Golf Charitable Foundation of Greater Des Moines totaling $3,500 on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.
Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.
Correct a figure or respond
Every number above is copied from Golf Charitable Foundation of Greater Des Moines's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Golf Charitable Foundation of Greater Des Moines, you can publish a response that is linked from this page.
Share or embed this breakdown
Of every $100 Golf Charitable Foundation of Greater Des Moines spent in FY2025, $92.98 went to programs. The full breakdown, from its IRS Form 990:
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All philanthropy, voluntarism & grantmaking charities · Largest charities in Iowa
Questions people ask
How much of Golf Charitable Foundation of Greater Des Moines's spending goes to programs?
In the fiscal year ending July 31, 2025, Golf Charitable Foundation of Greater Des Moines reported that 93.0% of its $16.7 million in expenses went to program services, 3.9% to management and general and 3.1% to fundraising (Form 990, Part IX).
How much does Golf Charitable Foundation of Greater Des Moines pay its top executive?
The largest total compensation Golf Charitable Foundation of Greater Des Moines reported for one person in the fiscal year ending July 31, 2025 was $442,124, for the role of VICE-CHAIR AND DIRECTOR (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Golf Charitable Foundation of Greater Des Moines get its money?
Of $16.4 million in revenue in the fiscal year ending July 31, 2025, 56.2% came from contributions and grants and 43.5% from program service revenue (Form 990, Part VIII).
Is Golf Charitable Foundation of Greater Des Moines a registered charity?
The IRS lists EIN 81-2651226 as a 501(c)(3) organization (supporting organization, type i), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- FY2025: Form 990 for the fiscal year ending July 31, 2025, object 202610309349301306 · read the filing · XML
- FY2024: Form 990 for the fiscal year ending July 31, 2024, object 202541189349301664 · read the filing
- FY2023: Form 990 for the fiscal year ending July 31, 2023, object 202421699349300842 · read the filing
- FY2022: Form 990 for the fiscal year ending July 31, 2022, object 202321669349301542 · read the filing
- FY2021: Form 990 for the fiscal year ending July 31, 2021, object 202201659349301905 · read the filing
- FY2020: Form 990 for the fiscal year ending July 31, 2020, object 202121669349301217 · read the filing
All filings for EIN 81-2651226: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.