Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
bulletDo not enter social security numbers on this form as it may be made public.
bulletGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0052
2020
Open to Public Inspection
For calendar year 2020, or tax year beginning 01-01-2020 , and ending 12-31-2020
Name of foundation
PIEDMONT TRIAD CHARITABLE FOUNDATION
D/B/A WYNDHAM CHAMPIONSHIP
Number and street (or P.O. box number if mail is not delivered to street address)416 GALLIMORE DAIRY ROAD SUITE M
 
Room/suite
City or town, state or province, country, and ZIP or foreign postal code
GREENSBORO, NC27409
A Employer identification number

56-6085407
B Telephone number (see instructions)

(336) 379-1570
C bullet
G Check all that apply:

D 1. Foreign organizations, check here............. bullet
2. Foreign organizations meeting the 85%
test, check here and attach computation ...
bullet
E bullet
H Check type of organization:
F bullet
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)bullet$5,792,851
J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books
(b) Net investment
income
(c) Adjusted net
income
(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule) 1,402,547
2 Check bullet.............
3 Interest on savings and temporary cash investments 2,024 2,024 2,024
4 Dividends and interest from securities...      
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10  
b Gross sales price for all assets on line 6a  
7 Capital gain net income (from Part IV, line 2)... 0
8 Net short-term capital gain......... 0
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... 9,572,074 0 9,572,074
12 Total. Add lines 1 through 11........ 10,976,645 2,024 9,574,098
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0 0 0
14 Other employee salaries and wages...... 925,116 0 925,116 1,030,091
15 Pension plans, employee benefits....... 119,836 0 119,836 218,548
16a Legal fees (attach schedule)......... 29,545 0 29,545 29,545
b Accounting fees (attach schedule)....... 15,500 0 15,500 15,500
c Other professional fees (attach schedule)....        
17 Interest............... 148,726 2,024 148,726 146,978
18 Taxes (attach schedule) (see instructions)... 63,643 0 63,643 60,010
19 Depreciation (attach schedule) and depletion... 156,192 0 156,192
20 Occupancy.............. 57,440 0 57,440 57,440
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... 9,697,666 0 9,697,666 137,918
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 11,213,664 2,024 11,213,664 1,696,030
25 Contributions, gifts, grants paid....... 152,892 152,892
26 Total expenses and disbursements. Add lines 24 and 25 11,366,556 2,024 11,213,664 1,848,922
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -389,911
b Net investment income (if negative, enter -0-) 0
c Adjusted net income (if negative, enter -0-)... 0
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2020)
Form 990-PF (2020)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.)
Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing............. 1,959 1,347 1,347
2 Savings and temporary cash investments......... 433,487 467,127 467,127
3 Accounts receivable bullet94,474
Less: allowance for doubtful accounts bullet15,000 376,420 79,474 79,474
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use.............. 57,229 62,463 62,463
9 Prepaid expenses and deferred charges.......... 16,217 180,624 180,624
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule).......      
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule)..........      
14 Land, buildings, and equipment: basis bullet5,544,952
Less: accumulated depreciation (attach schedule) bullet696,946 2,909,893 Click to see attachment4,848,006 4,848,006
15 Other assets (describe bullet) Click to see attachment136,720 Click to see attachment153,810 Click to see attachment153,810
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 3,931,925 5,792,851 5,792,851
Liabilities 17 Accounts payable and accrued expenses.......... 275,453 160,316
18 Grants payable.................    
19 Deferred revenue................. 92,751 771,800
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)...... 4,283,058 Click to see attachment5,819,083
22 Other liabilities (describe bullet) Click to see attachment0 Click to see attachment150,900
23 Total liabilities (add lines 17 through 22)......... 4,651,262 6,902,099
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here bullet
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions........... -719,337 -1,109,248
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here bullet
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........    
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds    
29 Total net assets or fund balances (see instructions)..... -719,337 -1,109,248
30 Total liabilities and net assets/fund balances (see instructions). 3,931,925 5,792,851
Part III
Analysis of Changes in Net Assets or Fund Balances
1
Total net assets or fund balances at beginning of year—Part II, column (a), line 29 (must agree with end-of-year figure reported on prior year’s return) ...............
1
-719,337
2
Enter amount from Part I, line 27a .....................
2
-389,911
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
-1,109,248
5
Decreases not included in line 2 (itemize) bullet
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
-1,109,248
Form 990-PF (2020)
Form 990-PF (2020)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)
(b)
How acquired
P—Purchase
D—Donation
(c)
Date acquired
(mo., day, yr.)
(d)
Date sold
(mo., day, yr.)
1a
b
c
d
e
(e)
Gross sales price
(f)
Depreciation allowed
(or allowable)
(g)
Cost or other basis
plus expense of sale
(h)
Gain or (loss)
(e) plus (f) minus (g)
a
b
c
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69
(j)
Adjusted basis
as of 12/31/69
(k)
Excess of col. (i)
over col. (j), if any
a
b
c
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7
Bracket 2  
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 ...................
Bracket 3  
Part V
Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income
SECTION 4940(e) REPEALED ON DECEMBER 20, 2019 - DO NOT COMPLETE
1 Reserved
(a)
Reserved
(b)
Reserved
(c)
Reserved
(d)
Reserved
2
Reserved...........................
2
3
Reserved...........................
3
4
Reserved...........................
4
5
Reserved...........................
5
6
Reserved...........................
6
7
Reserved...........................
7
8
Reserved,..........................
8
Form 990-PF (2020)
Form 990-PF (2020)
Page 4
Part VI
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a Exempt operating foundations described in section 4940(d)(2), check here Bullet and enter “N/A" on line 1. Bracket for line 1a
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b Reserved................................ 1 0
c All other domestic foundations enter 1.39% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2 0
3 Add lines 1 and 2........................... 3 0
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4 0
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 0
6 Credits/Payments:
a 2020 estimated tax payments and 2019 overpayment credited to 2020 6a 0
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 0
d Backup withholding erroneously withheld ........... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 0
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9 0
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10  
11 Enter the amount of line 10 to be: Credited to 2021 estimated taxBullet   RefundedBullet 11  
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$ 0(2) On foundation managers.bullet$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
  • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletNC
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2020 or the taxable year beginning in 2020? See the instructions for Part XIV.
    If "Yes," complete Part XIV .............................
    9
    Yes
     
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. Click to see attachment...............................
    10
    Yes
     
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 5
    Part VII-A
    Statements Regarding Activities (continued)
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement. See instructions.................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletN/A
    14
    The books are in care ofbulletTHE ORGANIZATION Telephone no.bullet (336) 379-1570

    Located atbullet416 GALLIMORE DAIRY ROAD SUITE MGREENSBORONC ZIP+4bullet27409
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ........bullet
    15
     
    16 At any time during calendar year 2020, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country? .................
    16   No
    See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
    country bullet
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?......................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?...............
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).......
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ........
    1b
     
     
    ........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2020?.............
    1c
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2020, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2020?.............
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year?......................
    b
    If "Yes," did it have excess business holdings in 2020 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2020.)..................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2020?
    4b
     
    No
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 6
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required (continued)
    5a
    During the year did the foundation pay or incur any amount to:
    Yes
    No
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?.............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? See instructions................
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?.....
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ......
    5b
     
     
    .........bullet
    c
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?..........
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract?.....................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
     
    8
    Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
    excess parachute payment during the year? .................
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position
    (c) Compensation
    (If not paid, enter
    -0-)
    (d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
    other allowances
    ROBERT E LONG JR CHAIRMAN
    25.00
    0 0 0
    416 GALLIMORE DAIRY ROAD SUITE M
    GREENSBORO,NC27409
    ALLEN E GANT JR VICE CHAIRMAN
    6.00
    0 0 0
    416 GALLIMORE DAIRY ROAD SUITE M
    GREENSBORO,NC27409
    WILLIAM H SMITH TREASURER
    6.00
    0 0 0
    416 GALLIMORE DAIRY ROAD SUITE M
    GREENSBORO,NC27409
    CANTEY ALEXANDER DIRECTOR
    2.00
    0 0 0
    416 GALLIMORE DAIRY ROAD SUITE M
    GREENSBORO,NC27409
    SCOTT BAXTER DIRECTOR
    2.00
    0 0 0
    416 GALLIMORE DAIRY ROAD SUITE M
    GREENSBORO,NC27409
    STEVE BOWDEN DIRECTOR
    2.00
    0 0 0
    416 GALLIMORE DAIRY ROAD SUITE M
    GREENSBORO,NC27409
    FRANK BRENNER DIRECTOR
    2.00
    0 0 0
    416 GALLIMORE DAIRY ROAD SUITE M
    GREENSBORO,NC27409
    BOB BRUGGEWORTH DIRECTOR
    2.00
    0 0 0
    416 GALLIMORE DAIRY ROAD SUITE M
    GREENSBORO,NC27409
    JAMES B CROUCH JR DIRECTOR
    4.00
    0 0 0
    416 GALLIMORE DAIRY ROAD SUITE M
    GREENSBORO,NC27409
    LOUIS DEJOY DIRECTOR
    3.00
    0 0 0
    416 GALLIMORE DAIRY ROAD SUITE M
    GREENSBORO,NC27409
    MICHELLE GETHERS-CLARK DIRECTOR
    2.00
    0 0 0
    416 GALLIMORE DAIRY ROAD SUITE M
    GREENSBORO,NC27409
    MIKE HALEY DIRECTOR
    3.00
    0 0 0
    416 GALLIMORE DAIRY ROAD SUITE M
    GREENSBORO,NC27409
    GEORGE HOUSE DIRECTOR
    2.00
    0 0 0
    416 GALLIMORE DAIRY ROAD SUITE M
    GREENSBORO,NC27409
    BILL JOHNSON DIRECTOR
    2.00
    0 0 0
    416 GALLIMORE DAIRY ROAD SUITE M
    GREENSBORO,NC27409
    JIM JUMPE DIRECTOR
    2.00
    0 0 0
    416 GALLIMORE DAIRY ROAD SUITE M
    GREENSBORO,NC27409
    HAROLD L MARTIN SR DIRECTOR
    2.00
    0 0 0
    416 GALLIMORE DAIRY ROAD SUITE M
    GREENSBORO,NC27409
    JOHN MCCONNELL DIRECTOR
    10.00
    0 0 0
    416 GALLIMORE DAIRY ROAD SUITE M
    GREENSBORO,NC27409
    MACKEY MCDONALD DIRECTOR
    2.00
    0 0 0
    416 GALLIMORE DAIRY ROAD SUITE M
    GREENSBORO,NC27409
    JIM MELVIN DIRECTOR
    15.00
    0 0 0
    416 GALLIMORE DAIRY ROAD SUITE M
    GREENSBORO,NC27409
    T DAVID NEILL DIRECTOR
    2.00
    0 0 0
    416 GALLIMORE DAIRY ROAD SUITE M
    GREENSBORO,NC27409
    NIDO QUBEIN DIRECTOR
    2.00
    0 0 0
    416 GALLIMORE DAIRY ROAD SUITE M
    GREENSBORO,NC27409
    CAROLE SIMMS DIRECTOR
    2.00
    0 0 0
    416 GALLIMORE DAIRY ROAD SUITE M
    GREENSBORO,NC27409
    BEN C SUTTON JR DIRECTOR
    2.00
    0 0 0
    416 GALLIMORE DAIRY ROAD SUITE M
    GREENSBORO,NC27409
    JOHN SWOFFORD DIRECTOR
    2.00
    0 0 0
    416 GALLIMORE DAIRY ROAD SUITE M
    GREENSBORO,NC27409
    THOMAS C WATKINS DIRECTOR
    2.00
    0 0 0
    416 GALLIMORE DAIRY ROAD SUITE M
    GREENSBORO,NC27409
    DUNLOP WHITE III DIRECTOR
    2.00
    0 0 0
    416 GALLIMORE DAIRY ROAD SUITE M
    GREENSBORO,NC27409
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position
    (c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation
    (e) Expense account,
    other allowances
    MARK BRAZIL TOURNAMENT DIRECTOR
    40.00
    300,911 20,602 0
    416 GALLIMORE DAIRY ROAD SUITE M
    GREENSBORO,NC27409
    ROBERT POWELL DIRECTOR OF OPERATIO
    40.00
    153,435 19,467 0
    416 GALLIMORE DAIRY ROAD SUITE M
    GREENSBORO,NC27409
    KELLY PINNIX DIRECTOR OF FINANCE
    40.00
    151,000 15,618 0
    416 GALLIMORE DAIRY ROAD SUITE M
    GREENSBORO,NC27409
    TERRY JONES DIRECTOR OF DEV. & S
    40.00
    109,436 15,729 0
    416 GALLIMORE DAIRY ROAD SUITE M
    GREENSBORO,NC27409
    LESLIE JOHNSON SALES REPRESENTATIVE
    40.00
    52,000 7,214 0
    416 GALLIMORE DAIRY ROAD SUITE M
    GREENSBORO,NC27409
    Total number of other employees paid over $50,000...................bullet 1
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 7
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors (continued)
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    PGA TOUR INC PURSE 2,850,000
    112 PGA TOUR BLVD
    PONTE VEDRA BEACH,FL32082
    MCCONNELL GOLF LLC FOOD/BEVERAGE, COURSE RENT, MAINTENANCE, MIN. GUARANTY 761,381
    400 DONALD ROSS DRIVE
    RALEIGH,NC27610
    GREEN TEE GOLF INC SHORT GAME PROJECT 652,935
    2502 REYNOLDS INDUSTRIAL ROAD
    AUGUSTA,GA30907
    HICAPS INC OPERATIONS BUILDING 566,111
    600 NORTH REGIONAL ROAD
    GREENSBORO,NC27409
    WILDLANDS HOLDINGS V LLC SHORT GAME PROJECT (RIPARIAN BUFFER) 296,631
    1430 SOUTH MINT STREET SUITE 104
    CHARLOTTE,NC28203
    Total number of others receiving over $50,000 for professional services.............bullet10
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1 CONDUCTING A PREMIER PROFESSIONAL GOLF ASSOCIATION TOUR EVENT IN NORTH CAROLINA'S PIEDMONT TRIAD AND PROMOTING THE TRIAD AS AN ATTRACTIVE PLACE TO LIVE AND WORK. 11,206,900
    2  
    3  
    4  
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet0
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 8
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    0
    b
    Average of monthly cash balances.......................
    1b
    1,113,024
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    1,113,024
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
    0
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
    0
    3
    Subtract line 2 from line 1d.........................
    3
    1,113,024
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) Click to see attachment.............................
    4
    157,441
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    955,583
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    47,779
    Part XI
    Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here right arrow and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
     
    2a
    Tax on investment income for 2020 from Part VI, line 5......
    2a
     
    b
    Income tax for 2020. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
     
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
     
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
     
    6
    Deduction from distributable amount (see instructions).................
    6
     
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...
    7
     
    Part XII
    Qualifying Distributions (see instructions)
    1
    Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
    a
    Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
    1a
    1,848,922
    b
    Program-related investments—total from Part IX-B..................
    1b
    0
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    1,848,922
    5
    Foundations that qualify under section 4940(e) for the reduced rate of tax on net investment
    income. Enter 1% of Part I, line 27b. See instructions.................
    5
    0
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    1,848,922
    Note: The amount on line 6 will be used in Part V, column (b), in subsequent years when calculating whether the foundation qualifies for
    the section 4940(e) reduction of tax in those years.
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 9
    Part XIII
    Undistributed Income (see instructions)
    (a)
    Corpus
    (b)
    Years prior to 2019
    (c)
    2019
    (d)
    2020
    1 Distributable amount for 2020 from Part XI, line 7  
    2 Undistributed income, if any, as of the end of 2020:
    a Enter amount for 2019 only.......  
    b Total for prior years:20, 20, 20  
    3 Excess distributions carryover, if any, to 2020:
    a From 2015......  
    b From 2016......  
    c From 2017......  
    d From 2018......  
    e From 2019......  
    fTotal of lines 3a through e........  
    4Qualifying distributions for 2020 from Part
    XII, line 4: bullet$  
    a Applied to 2019, but not more than line 2a  
    b Applied to undistributed income of prior years
    (Election required—see instructions).....
     
    c Treated as distributions out of corpus (Election
    required—see instructions)........
     
    d Applied to 2020 distributable amount.....  
    e Remaining amount distributed out of corpus  
    5 Excess distributions carryover applied to 2020.    
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5  
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........
     
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......
     
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........
     
    e Undistributed income for 2019. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............
     
    f Undistributed income for 2020. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2021 ..........
     
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......
     
    8 Excess distributions carryover from 2015 not
    applied on line 5 or line 7 (see instructions) ...
     
    9Excess distributions carryover to 2021.
    Subtract lines 7 and 8 from line 6a ......
     
    10 Analysis of line 9:
    a Excess from 2016....  
    b Excess from 2017....  
    c Excess from 2018....  
    d Excess from 2019....  
    e Excess from 2020....  
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 10
    Part XIV
    Private Operating Foundations (see instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2020, enter the date of the ruling....... bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........
    Tax year Prior 3 years (e) Total
    (a) 2020 (b) 2019 (c) 2018 (d) 2017
    0 0 40,673 0 40,673
    b 85% of line 2a ......... 0 0 34,572 0 34,572
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....
    1,848,922 976,098 355,354 721,096 3,901,470
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........
    152,892 499,140 455,773 424,792 1,532,597
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....
    1,696,030 476,958 -100,419 296,304 2,368,873
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......         0
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)
            0
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part X, line 6 for each year listed...
    31,853 44,239 27,889 17,286 121,267
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....
            0
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....
            0
    (3) Largest amount of support
    from an exempt organization
            0
    (4) Gross investment income         0
    Part XV
    Supplementary Information (Complete this part only if the foundation had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    ROBERT E LONG JR
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or email address of the person to whom applications should be addressed:
    bThe form in which applications should be submitted and information and materials they should include:
    cAny submission deadlines:
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 11
    Part XV
    Supplementary Information (continued)
    3 Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    Foundation
    status of
    recipient
    Purpose of grant or
    contribution
    Amount
    Name and address (home or business)
    aPaid during the year
    ACTION GREENSBORO
    112 NORTH ELM STREET SUITE 110
    GREENSBORO,NC27401
      PC TO IMPROVE URBAN LIVABILITY, CIVIC ENGAGEMENT, K-12 EDUCATIONAL ADVANCEMENT, AND INITIATIVE TO ATTRACT AND RETAIN YOUNG PROFESSIONALS, IN ORDER TO ENHANCE THE CITY'S ECONOMY AND QUALITY OF LIFE. 5,000
    AMERICAN JUNIOR GOLF ASSOCIATION
    1980 SPORTS CLUB DRIVE
    BRASELTON,GA30517
      PC TO PROVIDE OVERALL GROWTH AND DEVELOPMENT OF YOUNG MEN AND WOMEN WHO ASPIRE TO EARN COLLEGE GOLF SCHOLARSHIPS THROUGH COMPETITIVE JUNIOR GOLF. 43,500
    AMERICAN JUNIOR GOLF ASSOCIATION
    1980 SPORTS CLUB DRIVE
    BRASELTON,GA30517
      PC TO PROVIDE OVERALL GROWTH AND DEVELOPMENT OF YOUNG MEN AND WOMEN WHO ASPIRE TO EARN COLLEGE GOLF SCHOLARSHIPS THROUGH COMPETITIVE JUNIOR GOLF. 30,000
    BLESSINGS IN A BACKPACK INC
    4121 SHELBYVILLE ROAD
    LOUISVILLE,KY40207
      PC TO SERVE AS A REGIONAL ORGANIZATION TO MARKET, ADVERTISE AND PROMOTE THE 12 COUNTY AREA OF THE PIEDMONT TRIAD REGION OF NORTH CAROLINA, FOR THE PURPOSE OF ENHANCING ECONOMIC DEVELOPMENT OPPORTUNITIES. 5,000
    COMMUNITY FOUNDATION OF GREATER GREENSBORO (GAC LEARN-TO-SWIM SCHOLARSHIP)
    330 SOUTH GREENE STREET SUITE 100
    GREENSBORO,NC27401
      PC TO PROMOTE PHILANTHROPY, MAINTAIN A PERMANENT COLLECTION OF ENDOWMENT FUNDS, AND SERVE AS A LEADER IN SHAPING EFFECTIVE RESPONSES FOR COMMUNITY ISSUES FOR GREATER GREENSBORO. 6,000
    DOWNTOWN GREENSBORO FOUNDATION
    536 SOUTH ELM STREET
    GREENSBORO,NC27406
      PC TO SUPPORT THE EDUCATIONAL, HISTORICAL PRESERVATION AND OTHER EXEMPT PUBLIC EFFORTS OF DOWNTOWN GREENSBORO INC. 5,000
    ELS FOR AUTISM FOUNDATION
    18370 LIMESTONE CREEK ROAD
    JUPITER,FL33458
      PC TO ADDRESS THE NEEDS OF INDIVIDUALS DIAGNOSED ON THE AUTISM SPECTRUM, IN THE US AND ABROAD, WITH PROGRAMS THAT SEEK A CURE, PROVIDE SUPPORT FOR AFFECTED FAMILIES, AND TEACH LEARNING AND LIFE SKILLS TO THOSE WITH ASD. 5,000
    GOLF FORE FUN INC - THE FIRST TEE OF THE TRIAD
    PO BOX 236
    CLEMMONS,NC27012
      PC TO IMPACT THE LIVES OF YOUNG PEOPLE BY PROVIDING LEARNING FACILITIES AND EDUCATIONAL PROGRAMS THAT PROMOTE CHARACTER DEVELOPMENT AND LIFE-ENHANCING VALUES THROUGH THE GAME OF GOLF. 25,392
    HELPING HANDS HIGH POINT NC
    2301 SOUTH MAIN STREET
    HIGH POINT,NC27263
      PC TO PROVIDE FOOD AND ASSISTANCE TO THE DISADVANTAGED IN HIGH POINT NC. 5,000
    JUNIOR ACHIEVEMENT OF THE TRIAD INC
    3220 NORTHLINE AVENUE
    GREENSBORO,NC27408
      PC TO INSPIRE AND PREPARE YOUNG PEOPLE TO SUCCEED IN A GLOBAL ECONOMY. 5,000
    PIEDMONT TRIAD PARTNERSHIP
    416 GALLIMORE DAIRY ROAD SUITE M
    GREENSBORO,NC27409
      PC TO SERVE AS A REGIONAL ORGANIZATION TO MARKET, ADVERTISE AND PROMOTE THE 12 COUNTY AREA OF THE PIEDMONT TRIAD REGION OF NORTH CAROLINA, FOR THE PURPOSE OF ENHANCING ECONOMIC DEVELOPMENT OPPORTUNITIES. 5,000
    SIT-IN MOVEMENT INC (DBA INTERNATIONAL CIVIL RIGHTS CENTER & MUSEUM)
    100 WEST FEBRUARY ONE PLACE
    GREENSBORO,NC27401
      PC TO ESTABLISH AN INTERNATIONAL CIVIL RIGHTS MUSEUM. 1,500
    THE SHRINERS HOSPITAL FOR CHILDREN
    C/O 5010 HIGH POINT ROAD
    GREENSBORO,NC27407
      PC TO PROVIDE THE HIGHEST QUALITY CARE TO CHILDREN WITH NEUROMUSCULOSKELETAL CONDITIONS, BURN INJURIES AND OTHER SPECIAL HEALTHCARE NEEDS WITHIN A COMPASSIONATE, FAMILY-CENTERED AND COLLABORATIVE CARE ENVIRONMENT. 1,000
    THE SNEDEKER FOUNDATION
    PO BOX 158187
    NASHVILLE,TN37215
      PC TO HELP UNDERPRIVILEGED CHILDREN ACROSS THE COUNTRY, BUT PARTICULARLY IN THE MIDDLE TENNESSEE AREA WITH AN EMPHASIS ON ENCOURAGING SUCCESS IN THE CLASSROOM AND IN THEIR RESPECTIVE SPORTS. 2,500
    THE TESORI FAMILY FOUNDATION
    101 MARKETSIDE AVENUE SUITE 404 345
    PONTE VEDRA,FL32081
      PC TO ACHIEVE GREAT THINGS THROUGH GOD BY LENDING A HELPING HAND, PROVIDING HOPE AND HEALING HEARTS FOR CHILDREN 5,000
    UNCG EXCELLENCE FUND - CAMPAIGN FOR CHAMPIONS
    PO BOX 26170
    GREENSBORO,NC27402
      PC TO PROVIDE FUNDS FOR THE SPARTAN ATHLETICS EXCELLENCE SCHOLARSHIP FUND. 1,000
    UNCG EXCELLENCE FUND - UNCG SPARTAN CLUB
    PO BOX 26170
    GREENSBORO,NC27402
      PC TO PROVIDE FUNDS FOR THE SPARTAN ATHLETICS EXCELLENCE SCHOLARSHIP FUND. 2,000
    Total .................................bullet 3a 152,892
    bApproved for future payment
    Total .................................bullet 3b 0
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 12
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code
    (b)
    Amount
    (c)
    Exclusion code
    (d)
    Amount
    aWYNDHAM CHAMPIONSHIP          
    bTOURNAMENT ADMISSION         150
    cCONCESSIONS, CLOTHING, AND PARKING         83,368
    dSPONSORSHIP RECOGNITION         268,030
    ePARTY SPONSORSHIPS         30,000
    fTITLE SPONSOR, PGA REIMBURSEMENT, AND OTHER         9,190,526
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3 Interest on savings and temporary cash
    investments ...........
        14 2,024  
    4 Dividends and interest from securities....          
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....          
    6 Net rental income or (loss) from personal property          
    7 Other investment income.....          
    8 Gain or (loss) from sales of assets other than
    inventory ............
             
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue: a
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e).. 0 2,024 9,572,074
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    9,574,098
    (See worksheet in line 13 instructions to verify calculations.)
    Part XVI-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow
    Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    1A THE ORGANIZATION CONDUCTS THE WYNDHAM CHAMPIONSHIP GOLF TOURNAMENT. THE TOURNAMENT BRINGS A PREMIER PROFESSIONAL GOLF ASSOCIATION TOUR EVENT TO THE PIEDMONT TRIAD AND PROMOTES THE PIEDMONT TRIAD AS AN ATTRACTIVE PLACE TO LIVE AND WORK.
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 13
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    Yes
    No
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
    b
    If "Yes," complete the following schedule.

    (a) Name of organization (b) Type of organization (c) Description of relationship
    Sign Here
    Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
    Bullet Bullet
    May the IRS discuss this return
    with the preparer shown below?
    See instructions.
    Signature of officer or trustee Date Title
    Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date PTIN
    Firm's name SmallBullet
    Firm's EIN SmallBullet
    Firm's address SmallBullet


    Phone no.
    Form 990-PF (2020)
    Additional Data


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description
    Schedule B
    (Form 990, 990-EZ,
    or 990-PF)
    Department of the Treasury
    Internal Revenue Service
    Schedule of Contributors

    Arrow Bullet Attach to Form 990, 990-EZ, or 990-PF.
    Arrow Bullet Go to www.irs.gov/Form990 for the latest information.
    OMB No. 1545-0047
    2020
    Name of the organization
    PIEDMONT TRIAD CHARITABLE FOUNDATION
    D/B/A WYNDHAM CHAMPIONSHIP
    Employer identification number

    56-6085407
    Organization type (check one):
    Filers of:
    Section:
    Form 990 or 990-EZ






    Form 990-PF




    Check if your organization is covered by the General Rule or a Special Rule.  
    Note: Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
    General Rule
    Special Rules
    ......... Arrow Bullet $  
    Caution: An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990,
    990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its Form 990-EZ
    or on its Form 990PF, Part I, line 2, to certify that it doesn't meet the filing requirements of Schedule B (Form 990,
    990-EZ, or 990-PF).
    For Paperwork Reduction Act Notice, see the Instructions
    for Form 990, 990-EZ, or 990-PF.
    Cat. No. 30613XSchedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020) Page 2
    Name of organization
    PIEDMONT TRIAD CHARITABLE FOUNDATION
    D/B/A WYNDHAM CHAMPIONSHIP
    Employer identification number
    56-6085407
    Part I
    Contributors
    Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
    (a)
    No.
    (b)
    Name, address, and ZIP + 4
    (c)
    Total contributions
    (d)
    Type of contribution
    1
    BB&T NOW TRUIST
     
    1100 REYNOLDS BLVD THIRD FLOOR
     
    WINSTONSALEM, NC27105

    $ 65,000


    (Complete Part II for noncash contributions.)
    (a)
    No.
    (b)
    Name, address, and ZIP + 4
    (c)
    Total contributions
    (d)
    Type of contribution
    2
    GLEN RAVEN INC
     
    1831 NORTH PARK AVENUE
     
    GLEN RAVEN, NC27217

    $ 100,000


    (Complete Part II for noncash contributions.)
    (a)
    No.
    (b)
    Name, address, and ZIP + 4
    (c)
    Total contributions
    (d)
    Type of contribution
    3
    THE JOSEPH M BRYAN FOUNDATION OF GREATER GSO INC
     
    PO BOX 26040
     
    GREENSBORO, NC27420

    $ 105,500


    (Complete Part II for noncash contributions.)
    (a)
    No.
    (b)
    Name, address, and ZIP + 4
    (c)
    Total contributions
    (d)
    Type of contribution
    4
    THE COMMUNITY FOUNDATION
     
    PO BOX 9010
     
    GREENSBORO, NC27429

    $ 65,005


    (Complete Part II for noncash contributions.)
    (a)
    No.
    (b)
    Name, address, and ZIP + 4
    (c)
    Total contributions
    (d)
    Type of contribution
    5
    THE MICHAEL W HALEY FOUNDATION INC
     
    11911 US HWY ONE SUITE 201
     
    NORTH PALM BEACH, FL33408

    $ 100,000


    (Complete Part II for noncash contributions.)
    (a)
    No.
    (b)
    Name, address, and ZIP + 4
    (c)
    Total contributions
    (d)
    Type of contribution
    6
    J ROBERT STOUT
     
    5500 WAYNE ROAD
     
    GREENSBORO, NC27407

    $ 15,000


    (Complete Part II for noncash contributions.)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Name of organization
    PIEDMONT TRIAD CHARITABLE FOUNDATION
    D/B/A WYNDHAM CHAMPIONSHIP
    Employer identification number
    56-6085407
    Part I
    Contributors
    Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
    (a)
    No.
    (b)
    Name, address, and ZIP + 4
    (c)
    Total contributions
    (d)
    Type of contribution
    7
    PGA TOUR INC
     
    100 PGA TOUR BLVD
     
    PONTE VEDRA BEACH, FL32082

    $ 180,000


    (Complete Part II for noncash contributions.)
    (a)
    No.
    (b)
    Name, address, and ZIP + 4
    (c)
    Total contributions
    (d)
    Type of contribution
    8
    WYNDHAM WORLDWIDE OPERATIONS INC
     
    22 SYLVAN WAY
     
    PARSIPPANY, NJ07054

    $ 55,000


    (Complete Part II for noncash contributions.)
    (a)
    No.
    (b)
    Name, address, and ZIP + 4
    (c)
    Total contributions
    (d)
    Type of contribution
    9
    THE WINSTON-SALEM FOUNDATION
     
    380 KNOLLWOOD STREET SUITE 610
     
    WINSTONSALEM, NC27103

    $ 10,000


    (Complete Part II for noncash contributions.)
    (a)
    No.
    (b)
    Name, address, and ZIP + 4
    (c)
    Total contributions
    (d)
    Type of contribution
    10
    THE TRUST COMPANY OF THE SOUTH
     
    3041 S CHURCH STREET
     
    BURLINGTON, NC27215

    $ 255,392


    (Complete Part II for noncash contributions.)
    (a)
    No.
    (b)
    Name, address, and ZIP + 4
    (c)
    Total contributions
    (d)
    Type of contribution
    11
    WEAVER FOUNDATION
     
    PO BOX 26040
     
    GREENSBORO, NC27420

    $ 62,500


    (Complete Part II for noncash contributions.)
    (a)
    No.
    (b)
    Name, address, and ZIP + 4
    (c)
    Total contributions
    (d)
    Type of contribution
    12
    THE JOHN MCCONNELL FOUNDATION
     
    ONE WEST FOURTH STREET 2ND FLOOR
     
    WINSTONSALEM, NC27101

    $ 25,000


    (Complete Part II for noncash contributions.)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Name of organization
    PIEDMONT TRIAD CHARITABLE FOUNDATION
    D/B/A WYNDHAM CHAMPIONSHIP
    Employer identification number
    56-6085407
    Part I
    Contributors
    Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
    (a)
    No.
    (b)
    Name, address, and ZIP + 4
    (c)
    Total contributions
    (d)
    Type of contribution
    13
    WYNDHAM DESTINATIONS
     
    6277 SEA HARBOR DR
     
    ORLANDO, FL32821

    $ 10,000


    (Complete Part II for noncash contributions.)
    (a)
    No.
    (b)
    Name, address, and ZIP + 4
    (c)
    Total contributions
    (d)
    Type of contribution
    14
    FRANK BRENNER
    17000 GRANVILLE ROAD
     
    GREENSBORO, NC27408

    $ 50,000


    (Complete Part II for noncash contributions.)
    (a)
    No.
    (b)
    Name, address, and ZIP + 4
    (c)
    Total contributions
    (d)
    Type of contribution
    15
    JIM CROUCH
    7241 BURLINGTON ROAD
     
    WHITSETT, NC27377

    $ 75,000


    (Complete Part II for noncash contributions.)
    (a)
    No.
    (b)
    Name, address, and ZIP + 4
    (c)
    Total contributions
    (d)
    Type of contribution
    16
    LOUIS DEJOY & ALDONA Z WOS FAMILY FOUNDATION
     
    PO BOX 10373
     
    GREENSBORO, NC27404

    $ 75,000


    (Complete Part II for noncash contributions.)
    (a)
    No.
    (b)
    Name, address, and ZIP + 4
    (c)
    Total contributions
    (d)
    Type of contribution
    17
    DUKE ENERGY
     
    526 SOUTH CHURCH STREET
     
    CHARLOTTE, NC28202

    $ 30,000


    (Complete Part II for noncash contributions.)
    (a)
    No.
    (b)
    Name, address, and ZIP + 4
    (c)
    Total contributions
    (d)
    Type of contribution
    18
    TOMMY WATKINS
    105 WENTWORTH DRIVE
     
    GREENSBORO, NC27408

    $ 5,000


    (Complete Part II for noncash contributions.)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Name of organization
    PIEDMONT TRIAD CHARITABLE FOUNDATION
    D/B/A WYNDHAM CHAMPIONSHIP
    Employer identification number
    56-6085407
    Part I
    Contributors
    Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
    (a)
    No.
    (b)
    Name, address, and ZIP + 4
    (c)
    Total contributions
    (d)
    Type of contribution
    19
    BLUSKY RESTORATION CONTRACTORS LLC
     
    3012 PATTERSON ST
     
    GREENSBORO, NC27407

    $ 5,000


    (Complete Part II for noncash contributions.)
    (a)
    No.
    (b)
    Name, address, and ZIP + 4
    (c)
    Total contributions
    (d)
    Type of contribution
    20
    TITO'S HANDCRAFTED VODKA
     
    12101 MOORE ROAD
     
    AUSTIN, TX78719

    $ 10,000


    (Complete Part II for noncash contributions.)
    (a)
    No.
    (b)
    Name, address, and ZIP + 4
    (c)
    Total contributions
    (d)
    Type of contribution
    21
    MARC AND JANIS BUSH
    4503 TOWER ROAD
     
    GREENSBORO, NC27410

    $ 6,000


    (Complete Part II for noncash contributions.)
    (a)
    No.
    (b)
    Name, address, and ZIP + 4
    (c)
    Total contributions
    (d)
    Type of contribution
    22
    HAWTHORNE RESIDENTIAL PARTNERS LLC
     
    806 GREEN VALLEY ROAD 311
     
    GREENSBORO, NC27408

    $ 10,000


    (Complete Part II for noncash contributions.)
    (a)
    No.
    (b)
    Name, address, and ZIP + 4
    (c)
    Total contributions
    (d)
    Type of contribution
    23
    FRED BLACK
    2010 PEMBROKE ROAD
     
    GREENSBORO, NC27408

    $ 5,000


    (Complete Part II for noncash contributions.)
    (a)
    No.
    (b)
    Name, address, and ZIP + 4
    (c)
    Total contributions
    (d)
    Type of contribution
    24
    SAMUEL STEPHENS
    3201 MADISON AVENUE
     
    GREENSBORO, NC27403

    $ 5,000


    (Complete Part II for noncash contributions.)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Name of organization
    PIEDMONT TRIAD CHARITABLE FOUNDATION
    D/B/A WYNDHAM CHAMPIONSHIP
    Employer identification number
    56-6085407
    Part I
    Contributors
    Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
    (a)
    No.
    (b)
    Name, address, and ZIP + 4
    (c)
    Total contributions
    (d)
    Type of contribution
    25
    BRANTLEY WHITE
    1610 ST ANDREWS ROAD
     
    GREENSBORO, NC27408

    $ 5,000


    (Complete Part II for noncash contributions.)
    (a)
    No.
    (b)
    Name, address, and ZIP + 4
    (c)
    Total contributions
    (d)
    Type of contribution
    26
    ZACK MATHENY
    1706 COLONIAL AVENUE
     
    GREENSBORO, NC27408

    $ 5,000


    (Complete Part II for noncash contributions.)
    (a)
    No.
    (b)
    Name, address, and ZIP + 4
    (c)
    Total contributions
    (d)
    Type of contribution
    27
    KIP BLAKELY
    3704 DOVER PARK ROAD
     
    GREENSBORO, NC27407

    $ 5,000


    (Complete Part II for noncash contributions.)
    (a)
    No.
    (b)
    Name, address, and ZIP + 4
    (c)
    Total contributions
    (d)
    Type of contribution
    28
    TREY ANDERSON
    5 CORPORATE CENTER COURT SUITE 100
     
    GREENSBORO, NC27408

    $ 5,000


    (Complete Part II for noncash contributions.)
    (a)
    No.
    (b)
    Name, address, and ZIP + 4
    (c)
    Total contributions
    (d)
    Type of contribution
    29
    NATHAN DUGGINS III
    100 N GREENE STREET SUITE 600
     
    GREENSBORO, NC27401

    $ 5,000


    (Complete Part II for noncash contributions.)
    (a)
    No.
    (b)
    Name, address, and ZIP + 4
    (c)
    Total contributions
    (d)
    Type of contribution
     
     
     
     

    $  


    (Complete Part II for noncash contributions.)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Page 3
    Name of organization
    PIEDMONT TRIAD CHARITABLE FOUNDATION
    D/B/A WYNDHAM CHAMPIONSHIP
    Employer identification number

    56-6085407
    Part II
    Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
    (a)
    No. from Part I
    (b)
    Description of noncash property given
    (c)
    FMV (or estimate)
    (See instructions)
    (d)
    Date received
     
    $    
    (a)
    No. from Part I
    (b)
    Description of noncash property given
    (c)
    FMV (or estimate)
    (See instructions)
    (d)
    Date received
     
    $    
    (a)
    No. from Part I
    (b)
    Description of noncash property given
    (c)
    FMV (or estimate)
    (See instructions)
    (d)
    Date received
     
    $    
    (a)
    No. from Part I
    (b)
    Description of noncash property given
    (c)
    FMV (or estimate)
    (See instructions)
    (d)
    Date received
     
    $    
    (a)
    No. from Part I
    (b)
    Description of noncash property given
    (c)
    FMV (or estimate)
    (See instructions)
    (d)
    Date received
     
    $    
    (a)
    No. from Part I
    (b)
    Description of noncash property given
    (c)
    FMV (or estimate)
    (See instructions)
    (d)
    Date received
     
    $    
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Page 4
    Name of organization
    PIEDMONT TRIAD CHARITABLE FOUNDATION
    D/B/A WYNDHAM CHAMPIONSHIP
    Employer identification number

    56-6085407
    Part III
    Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet$  
    Use duplicate copies of Part III if additional space is needed.
    (a)
    No. from Part I
    (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I
    (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I
    (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I
    (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Additional Data


    Software ID:  
    Software Version:  

    TY 2020 AccountingFeesSchedule
    Name:
    PIEDMONT TRIAD CHARITABLE FOUNDATION
     
    D/B/A WYNDHAM CHAMPIONSHIP
    EIN:
    56-6085407
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
      15,500 0 15,500 15,500

    TY 2020 CashDeemedCharitableExplnStmt
    Name:
    PIEDMONT TRIAD CHARITABLE FOUNDATION
     
    D/B/A WYNDHAM CHAMPIONSHIP
    EIN:
    56-6085407
    Explanation:
    BETWEEN FEBRUARY AND JULY, THE ORGANIZATION RECEIVES CASH SPONSORSHIPS AND CONTRIBUTIONS WHICH SUPPORT THE UPCOMING PROFESSIONAL GOLF ASSOCIATION TOUR EVENT. THIS CASH IS DEEMED HELD FOR CHARITABLE ACTIVITIES.

    TY 2020 LandEtcSchedule2
    Name:
    PIEDMONT TRIAD CHARITABLE FOUNDATION
     
    D/B/A WYNDHAM CHAMPIONSHIP
    EIN:
    56-6085407
    Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
    PERPETUAL TROPHY 6,945 6,945 0  
    FENCING FROM SIGNATURE SYSTEMS 8,000 8,000 0  
    42IN PICKET FENCING 80 SECTIONS 8,394 8,394 0  
    42" PICKET PANEL FENCING 8,376 8,376 0  
    EPI SUITE LITE USB HUB 816 816 0  
    2002 CHEVY SILVERADO 10,797 10,797 0  
    40 PIECES WHILE PLASTIC FENCING 42" X 6' 4,080 4,080 0  
    50 PIECES CROWD CONTROL BARRICADE W/2 FLAT FT 4,450 4,450 0  
    2000 CHEVY SUBURBAN 7,385 7,385 0  
    FLAGS FOR BRANDING AROUND BLEACHERS 2,452 2,452 0  
    1/3 OF SIGNAGE FOR WYNDHAM TOURNAMENT 7,301 7,301 0  
    RE-ROUTING OF CABLES ON COURSE 5,582 5,582 0  
    PHONE LINE TERMINALS FOR SHOTLINK 3,693 3,693 0  
    SHELVING & DOCK BOARD - WAREHOUSE 8,495 8,495 0  
    DRIVING RANGE NETTING 51,476 51,476 0  
    BARRICADE COVERS 4,204 4,204 0  
    ARTWOKR & FRAMING - MEN'S LOCKER ROOM 5,133 5,133 0  
    (5) WC RUGS FOR CLUBHOUSE 8,414 8,414 0  
    (6) ARMLESS PADDINGTON LEATHER BAR STOOLS 2,850 2,850 0  
    WC SIGNAGE FOR SCC 41,706 41,706 0  
    FENCE AT CART SHED 2,865 2,865 0  
    5 COOL-MIST FANS 4,250 4,250 0  
    OFFICE FURNITURE (KELLY'S OFFICE) 2,036 2,036 0  
    IPADS (MARK, BOBBY, STEVE, TERRY, & KELLY) 3,906 3,906 0  
    TEEBOX COOLERS 3,609 3,609 0  
    RECYCLING CONTAINERS 7,048 7,048 0  
    DOWNTOWN STREET BANNERS 8,583 8,583 0  
    TIKI BARS & CUBBY SHELF 6,000 6,000 0  
    SIGN REVISIONS 7,000 7,000 0  
    STANDARD BEARER SIGNS 11,059 11,059 0  
    BARRICADE COVERS 4,188 4,188 0  
    ADIRONDACK CHAIRS 2,700 2,700 0  
    HOLE SIGNS 15,564 15,564 0  
    SERVING COUNTERS, TIKI BAR, LEGENDS BAR 15,000 15,000 0  
    HISTORY WALL 26,688 26,688 0  
    HP PROLIANT SERVER 15,837 15,837 0  
    CREDENTIAL MACHINE 5,319 5,319 0  
    PARKING LOT, EXPANSION + CART PATHS 114,578 114,578 0  
    CART PATHS 5,330 5,330 0  
    NEW HEADERS FOR STANDARDS & DRIVING RANGE SIG 721 721 0  
    5400 WAYNE ROAD (GOLD PARKING LOT) 427,621 0 427,621 427,621
    GRASSMATS 24,360 12,760 11,600 11,600
    2014 FORD EXPLORER 26,311 17,541 8,770 8,770
    GOLD LOT INFRASTRUCTURE WORK 16,500 2,819 13,681 13,681
    2016 CHEVROLET SUBURBAN 38,700 19,350 19,350 19,350
    MINIATURE GOLF COURSE 5,466 2,642 2,824 2,824
    VARIOUS (5400 DORCHESTER 69,957 19,821 50,136 50,136
    VARIOUS (5412 DORCHESTER) 8,027 2,274 5,753 5,753
    CART PATH ADJUSTMENT ON HOLE #13 39,236 11,771 27,465 27,465
    3005 NEAR WEST SEDGEFIELD DRIVE 39,836 0 39,836 39,836
    LAND 5400 DORCHESTER 220,130 0 220,130 220,130
    LAND - 5412 DORCHESTER 301,232 0 301,232 301,232
    RETAINING WALL 5400 DORCHESTER 26,630 2,219 24,411 24,411
    LANDSCAPING - 5400 DORCHESTER 7,426 557 6,869 6,869
    5400 DORCHESTER 830,583 41,529 789,054 789,054
    5412 DORCHESTER 376,038 17,235 358,803 358,803
    5400 DORCHESTER IMPROVEMENTS 218,169 30,907 187,262 187,262
    5412 DORCESTER IMPROVEMENTS 68,663 10,299 58,364 58,364
    OPERATIONS BUILDING (3211 FOYSYTH DRIVE) 755,916 9,449 746,467 746,467
    SHORT GAME AREA 1,581,321 32,943 1,548,378 1,548,378


    TY 2020 LegalFeesSchedule
    Name:
    PIEDMONT TRIAD CHARITABLE FOUNDATION
     
    D/B/A WYNDHAM CHAMPIONSHIP
    EIN:
    56-6085407
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
      29,545 0 29,545 29,545


    TY 2020 MortgagesAndNotesPayableSch
    Name:
    PIEDMONT TRIAD CHARITABLE FOUNDATION
     
    D/B/A WYNDHAM CHAMPIONSHIP
    EIN:
    56-6085407
    Total Mortgage Amount: 1,219,083

    Item No. 1
    Lender's Name BRANCH BANKING & TRUST COMPANY
    Lender's Title  
    Relationship to Insider NONE
    Original Amount of Loan 6,400,000
    Balance Due 2,200,000
    Date of Note 2008-02
    Maturity Date 2023-03
    Repayment Terms ACCRUED INTEREST MONTHLY; PRINCIPAL $400,000/YEAR; BALANCE DUE 5/15/16.
    Interest Rate 3.470000000000
    Security Provided by Borrower BANK & INVESTMENT ACCOUNTS; GUARANTEED BY OTHER TRUST AND OTHER FOUNDATION.
    Purpose of Loan BUYOUT OF LONG-TERM LEASE.
    Description of Lender Consideration NONE
    Consideration FMV  

    Item No. 2
    Lender's Name BRANCH BANKING & TRUST COMPANY
    Lender's Title  
    Relationship to Insider NONE
    Original Amount of Loan 800,000
    Balance Due 250,000
    Date of Note 2013-12
    Maturity Date 2021-05
    Repayment Terms INTEREST IS TO BE PAID MONTHLY.
    Interest Rate 4.750000000000
    Security Provided by Borrower GUARANTEED BY BOARD MEMBER.
    Purpose of Loan LINE OF CREDIT
    Description of Lender Consideration NONE
    Consideration FMV  

    Item No. 3
    Lender's Name BRANCH BANKING & TRUST COMPANY
    Lender's Title  
    Relationship to Insider NONE
    Original Amount of Loan 888,250
    Balance Due 805,108
    Date of Note 2019-01
    Maturity Date 2026-01
    Repayment Terms PAYABLE IN MONTLY INSTALLMENTS OF $7,072 PLUS INTEREST AT 5.03%.
    Interest Rate 5.030000000000
    Security Provided by Borrower SECURED BY A BUILDING WITH A CARRYING VALUE OF $809,819.
    Purpose of Loan REAL PROPERTY
    Description of Lender Consideration NONE
    Consideration FMV  

    Item No. 4
    Lender's Name BRANCH BANKING & TRUST COMPANY
    Lender's Title  
    Relationship to Insider NONE
    Original Amount of Loan 452,455
    Balance Due 413,975
    Date of Note 2019-03
    Maturity Date 2026-03
    Repayment Terms PAYABLE IN MONTHLY INSTALLMENTS OF $3,603 PLUS INTEREST AT 5.03%.
    Interest Rate 5.030000000000
    Security Provided by Borrower SECURED BY A BUILDING WITH A CARRYING VALUE OF $368,204.
    Purpose of Loan REAL PROPERTY
    Description of Lender Consideration NONE
    Consideration FMV  

    Item No. 5
    Lender's Name PGA TOUR
    Lender's Title  
    Relationship to Insider NONE
    Original Amount of Loan 1,000,000
    Balance Due 1,000,000
    Date of Note 2020-08
    Maturity Date 2026-02
    Repayment Terms ANNUAL PAYMENTS OF $166,657
    Interest Rate 1.000000000000
    Security Provided by Borrower NONE
    Purpose of Loan TO COVER OPERATING LOSSES FROM THE 2020 TOURNAMENT.
    Description of Lender Consideration  
    Consideration FMV  

    Item No. 6
    Lender's Name PGA TOUR
    Lender's Title  
    Relationship to Insider NONE
    Original Amount of Loan 1,000,000
    Balance Due 1,000,000
    Date of Note  
    Maturity Date  
    Repayment Terms ANNUAL PAYMENTS OF $166,657
    Interest Rate 0.000000000000
    Security Provided by Borrower NONE
    Purpose of Loan TO COVER OPERATING LOSSES FROM THE 2020 TOURNAMENT.
    Description of Lender Consideration  
    Consideration FMV  

    Item No. 7
    Lender's Name SMALL BUSINESS ADMINISTRATION
    Lender's Title  
    Relationship to Insider NONE
    Original Amount of Loan 150,000
    Balance Due 150,000
    Date of Note 2020-06
    Maturity Date 2050-08
    Repayment Terms MONTHLY INSTALLMENTS OF $641 BEGINNING JUNE 2021.
    Interest Rate 2.750000000000
    Security Provided by Borrower ALL TANGIBLE AND INTANGIBLE PERSONAL PROPERTY OF THE BORROWER.
    Purpose of Loan ECONOMIC INJURY DISASTER LOAN.
    Description of Lender Consideration  
    Consideration FMV  


    TY 2020 OtherAssetsSchedule
    Name:
    PIEDMONT TRIAD CHARITABLE FOUNDATION
     
    D/B/A WYNDHAM CHAMPIONSHIP
    EIN:
    56-6085407
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    TOURNAMENT ACQUISITION COST 543,134 543,134 543,134
    LESS ACCUMULATED AMORTIZATION -543,134 -543,134 -543,134
    INTEREST IN TOURNAMENT DIRECTOR LIFE INSURANCE POLICY 136,720 153,810 153,810


    TY 2020 OtherExpensesSchedule
    Name:
    PIEDMONT TRIAD CHARITABLE FOUNDATION
     
    D/B/A WYNDHAM CHAMPIONSHIP
    EIN:
    56-6085407
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    RENT 429,516 0 429,516 427,016
    GENERAL AND ADMINISTRATIVE 122,749 0 122,749 119,437
    PURSE, PERSONNEL, AND GENERAL GOLF TOURNAMENT EXPENSES 7,716,060 0 7,716,060 7,739,773
    TOURNAMENT OPERATIONS 966,493 0 966,493 960,046
    COURSE SALES (CLOTHING, CONCESSIONS, TICKETS) 81,903 0 81,903 82,515
    MEDIA 105,816 0 105,816 105,640
    HOSPITALITY 275,129 0 275,129 275,565
    LESS WYNDHAM CHAMPIONSHIP INCOME 0 0 0 -9,572,074


    TY 2020 OtherIncomeSchedule2
    Name:
    PIEDMONT TRIAD CHARITABLE FOUNDATION
     
    D/B/A WYNDHAM CHAMPIONSHIP
    EIN:
    56-6085407
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    TOURNAMENT ADMISSION 150   150
    CONCESSIONS, CLOTHING, AND PARKING 83,368   83,368
    SPONSORSHIP RECOGNITION 268,030   268,030
    PARTY SPONSORSHIPS 30,000   30,000
    TITLE SPONSOR, PGA REIMBURSEMENT, AND OTHER 9,190,526   9,190,526


    TY 2020 OtherLiabilitiesSchedule
    Name:
    PIEDMONT TRIAD CHARITABLE FOUNDATION
     
    D/B/A WYNDHAM CHAMPIONSHIP
    EIN:
    56-6085407
    Description Beginning of Year - Book Value End of Year - Book Value
    PAYCHECK PROTECTION PROGRAM LOAN 0 150,900


    TY 2020 SubstantialContributorsSch
    Name:
    PIEDMONT TRIAD CHARITABLE FOUNDATION
     
    D/B/A WYNDHAM CHAMPIONSHIP
    EIN:
    56-6085407
    Name Address
    THE TRUST COMPANY OF THE SOUTH
     
    3041 S CHURCH STREET
    BURLINGTON,NC27215


    TY 2020 TaxesSchedule
    Name:
    PIEDMONT TRIAD CHARITABLE FOUNDATION
     
    D/B/A WYNDHAM CHAMPIONSHIP
    EIN:
    56-6085407
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    PAYROLL TAXES 60,010 0 60,010 60,010
    UNRELATED BUSINESS INCOME TAX 3,633 0 3,633 0