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Former commissioner Tim Finchem donates $13 million as PGA Tour reshapes its charity strategy

Former commissioner Tim Finchem donates $13 million as PGA Tour reshapes its charity strategy

Summary

Tim Finchem, former commissioner of the PGA Tour, and his wife are donating $13 million to support a new charity program for the PGA Tour. This effort comes as the PGA Tour creates PGA Tour Charities to focus on national campaigns with local impact and maintain charity levels despite changes in tournament status.

Key Facts

  • Tim Finchem retired as PGA Tour commissioner 10 years ago.
  • He and his wife are donating $13 million to start a new PGA Tour charity strategy.
  • The PGA Tour Charities will focus on health, youth, access, and service campaigns.
  • The Tour Championship has a $40 million prize, with $10 million to the winner.
  • The PGA Tour has raised over $4.4 billion for charity since 1938.
  • PGA Tour Charities aims to connect tournaments on larger campaigns to increase resources and visibility.
  • Lucas Glover, a tour player and board member, is helping guide the charity efforts.
  • The PGA Tour created a for-profit branch in 2024 but keeps charity efforts under the nonprofit part of the organization.
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