The PGA TOUR announced that $4.2 million proceeds from the 2009
Presidents Cup, a record-tying amount for the prestigious competition,
will be distributed to charitable causes around the world.
Since
the inception of The Presidents Cup in 1994, nearly $22 million from
event proceeds have been raised for charity. In addition, The First Tee
of San Francisco received $500,000 as part of the PGA TOUR's
partnership agreement with the city of San Francisco; and in March, the
PGA TOUR made a $100,000 donation on behalf of The Presidents Cup to
the Victorian Bushfire Appeal, a fund organized following devastating
fires in Victoria, Australia.
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*Anyone know how much money the Center for Biological Diversity or Wild Equity have produced for worthy causes? Or is their purpose simply to take money from others?
Posted by Steve Sinai
5 comments:
Yep!! The PGA Tour is selfish allright. Did you know that all 24 players in this event play for free? Now I know the idea of millionaires playing golf for free is hard to swallow but the fact is they do not have top compete in this event. They choose to give up any prize money for this event and the Bi-annual Ryder Cup for donation to charity. Say what you about golf but the fact is the PGA Tour gives more money to local charities than just about any other sport.
*Anyone know how much money the Center for Biological Diversity or Wild Equity have produced for worthy causes? Or is their purpose simply to take money from others?
My guess would be ZIPPO!!!!!!!!!!!!
CBD is a non-profit organization and gets a 4 star rating from CharityNavigator.org.
Last year they produced just under $6 million for "worthy causes", although that is admittedly a subjective term.
Worthy causes like suing Fish and Game, EPA, related government agencies, private land owners, and doing what they can to destroy Sharp Park Golf Course. Maybe some other "worthy causes" exist.
Is Brent Plater running CharityNavigator.org too?
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