Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
right arrowDo not enter social security numbers on this form as it may be made public.
right arrowGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0047
2022
Open to Public Inspection
For calendar year 2022, or tax year beginning 01-01-2022 , and ending 12-31-2022
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)3211 FORSYTH DRIVE
 
Room/suite
City or town, state or province, country, and ZIP or foreign postal code
GREENSBORO, NC27407
A Employer identification number

56-6085407
B Telephone number (see instructions)

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

D 1. Foreign organizations, check here............. right arrow
2. Foreign organizations meeting the 85%
test, check here and attach computation ...
right arrow
E right arrow
H Check type of organization:
F right arrow
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)right arrow$5,281,313
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) 1,740,747
2 Check right arrow.............
3 Interest on savings and temporary cash investments 1,247 1,247 1,247
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)....... 16,225,841 0 16,225,841
12 Total. Add lines 1 through 11........ 17,967,835 1,247 16,227,088
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0 0 0
14 Other employee salaries and wages...... 1,425,253 0 1,425,253 1,405,549
15 Pension plans, employee benefits....... 124,127 0 124,127 107,986
16a Legal fees (attach schedule)......... 4,191 0 4,191 4,380
b Accounting fees (attach schedule)....... 23,860 0 23,860 23,860
c Other professional fees (attach schedule)....        
17 Interest............... 113,833 1,247 113,833 115,998
18 Taxes (attach schedule) (see instructions)... 87,638 0 87,638 79,709
19 Depreciation (attach schedule) and depletion... 210,549 0 210,549
20 Occupancy.............. 2,450 0 2,450 2,450
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... 14,963,342 0 14,963,343 -1,516,422
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 16,955,243 1,247 16,955,244 223,510
25 Contributions, gifts, grants paid....... 515,632 515,632
26 Total expenses and disbursements. Add lines 24 and 25 17,470,875 1,247 16,955,244 739,142
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 496,960
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 (2022)
Form 990-PF (2022)
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............. 434 2,118 2,118
2 Savings and temporary cash investments......... 228,876 177,817 177,817
3 Accounts receivable right arrow306,924
Less: allowance for doubtful accounts right arrow   259,143 306,924 306,924
4 Pledges receivable right arrow  
Less: allowance for doubtful accounts right arrow        
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) right arrow  
Less: allowance for doubtful accounts right arrow        
8 Inventories for sale or use.............. 31,415 39,751 39,751
9 Prepaid expenses and deferred charges.......... 151,481 30,367 30,367
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 right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule)..........      
14 Land, buildings, and equipment: basis right arrow5,621,647
Less: accumulated depreciation (attach schedule) right arrow1,085,301 4,746,895 Click to see attachment
List of Attached Documents:
// Content
4,536,346
4,536,346
15 Other assets (describe right arrow) Click to see attachment
List of Attached Documents:
// Content
170,900
Click to see attachment
List of Attached Documents:
// Content
187,990
Click to see attachment
List of Attached Documents:
// Content
187,990
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 5,589,144 5,281,313 5,281,313
Liabilities 17 Accounts payable and accrued expenses.......... 384,627 646,603
18 Grants payable.................    
19 Deferred revenue................. 442,768 336,394
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)...... 4,768,248 Click to see attachment
List of Attached Documents:
// Content
3,957,855
22 Other liabilities (describe right arrow) Click to see attachment
List of Attached Documents:
// Content
150,000
Click to see attachment
List of Attached Documents:
// Content
0
23 Total liabilities (add lines 17 through 22)......... 5,745,643 4,940,852
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here right arrow
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions........... -156,499 340,461
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here right arrow
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)..... -156,499 340,461
30 Total liabilities and net assets/fund balances (see instructions). 5,589,144 5,281,313
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
-156,499
2
Enter amount from Part I, line 27a .....................
2
496,960
3
Other increases not included in line 2 (itemize) right arrow
3
0
4
Add lines 1, 2, and 3 ..........................
4
340,461
5
Decreases not included in line 2 (itemize) right arrow
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
340,461
Form 990-PF (2022)
Form 990-PF (2022)
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  
Form 990-PF (2022)
Form 990-PF (2022)
Page 4
Part V
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 right arrow 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) 1 0
b All other domestic foundations enter 1.39% (0.0139) of line 27b. Exempt foreign organizations enter 4% (0.04) 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 2022 estimated tax payments and 2021 overpayment credited to 2022 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 2221 is attached. 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......right arrow 9 0
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...right arrow 10  
11 Enter the amount of line 10 to be: Credited to 2023 estimated taxright arrow   Refundedright arrow 11  
Part VI-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. right arrow$ 0(2) On foundation managers.right arrow$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.right arrow$ 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
Yes
 
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
Yes
 
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:
round bullet By language in the governing instrument, or
round bullet 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 XIV..................................
7
Yes
 
8a
Enter the states to which the foundation reports or with which it is registered (see instructions)
right arrowNC
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 2022 or the taxable year beginning in 2022? See the instructions for Part XIII.
If "Yes," complete Part XIII .............................
9
Yes
 
10
Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
and addresses. ...............................
10
 
No
Form 990-PF (2022)
Form 990-PF (2022)
Page 5
Part VI-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 addressright arrowN/A
14
The books are in care ofright arrowTHE ORGANIZATION Telephone no.right arrow (336) 379-1570

Located atright arrow3211 FORSYTH DRIVEGREENSBORONC ZIP+4right arrow27407
15
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........right arrow
and enter the amount of tax-exempt interest received or accrued during the year ........right arrow
15
 
16 At any time during calendar year 2022, 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 right arrow
Part VI-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? ...........
1a(1)
 
No
(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
a disqualified person? ..............................
1a(2)
 
No
(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
1a(3)
 
No
(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
1a(4)
 
No
(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)? ......................
1a(5)
 
No
(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.) ...............
1a(6)
 
No
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
 
 
c
Organizations relying on a current notice regarding disaster assistance check here ........right arrow
d
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 2022? .............
1d
 
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 2022, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2022?....................
2a
 
No
If "Yes," list the years right arrow20, 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.
right arrow20, 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? ..............................
3a
 
No
b
If "Yes," did it have excess business holdings in 2022 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 2022.) .....................
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 2022? ..
4b
 
No
Form 990-PF (2022)
Form 990-PF (2022)
Page 6
Part VI-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))? ..........
5a(1)
 
No
(2) Influence the outcome of any specific public election (see section 4955); or to carry
on, directly or indirectly, any voter registration drive? ....................
5a(2)
 
No
(3) Provide a grant to an individual for travel, study, or other similar purposes? .............
5a(3)
 
No
(4) Provide a grant to an organization other than a charitable, etc., organization described
in section 4945(d)(4)(A)? See instructions ........................
5a(4)
 
No
(5) Provide for any purpose other than religious, charitable, scientific, literary, or
educational purposes, or for the prevention of cruelty to children or animals? .............
5a(5)
 
No
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
 
 
c
Organizations relying on a current notice regarding disaster assistance check .........right arrow
d
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? .................
5d
 
 
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? .............................
6a
 
No
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?
7a
 
No
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? .........................
8
 
No
Part VII
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
3211 FORSYTH DRIVE
GREENSBORO,NC27407
ALLEN E GANT JR VICE CHAIRMAN
6.00
0 0 0
3211 FORSYTH DRIVE
GREENSBORO,NC27407
WILLIAM H SMITH TREASURER
6.00
0 0 0
3211 FORSYTH DRIVE
GREENSBORO,NC27407
CANTEY ALEXANDER DIRECTOR
2.00
0 0 0
3211 FORSYTH DRIVE
GREENSBORO,NC27407
SCOTT BAXTER DIRECTOR
2.00
0 0 0
3211 FORSYTH DRIVE
GREENSBORO,NC27407
STEVE BOWDEN DIRECTOR
2.00
0 0 0
3211 FORSYTH DRIVE
GREENSBORO,NC27407
FRANK BRENNER DIRECTOR
2.00
0 0 0
3211 FORSYTH DRIVE
GREENSBORO,NC27407
BOB BRUGGEWORTH DIRECTOR
2.00
0 0 0
3211 FORSYTH DRIVE
GREENSBORO,NC27407
JAMES B CROUCH JR DIRECTOR
4.00
0 0 0
3211 FORSYTH DRIVE
GREENSBORO,NC27407
LOUIS DEJOY DIRECTOR
3.00
0 0 0
3211 FORSYTH DRIVE
GREENSBORO,NC27407
MICHELLE GETHERS-CLARK DIRECTOR
2.00
0 0 0
3211 FORSYTH DRIVE
GREENSBORO,NC27407
GLENN GONZALES DIRECTOR
2.00
0 0 0
3211 FORSYTH DRIVE
GREENSBORO,NC27407
MIKE HALEY DIRECTOR
3.00
0 0 0
3211 FORSYTH DRIVE
GREENSBORO,NC27407
GEORGE HOUSE DIRECTOR
2.00
0 0 0
3211 FORSYTH DRIVE
GREENSBORO,NC27407
BILL JOHNSON DIRECTOR
2.00
0 0 0
3211 FORSYTH DRIVE
GREENSBORO,NC27407
JIM JUMPE DIRECTOR
2.00
0 0 0
3211 FORSYTH DRIVE
GREENSBORO,NC27407
HAROLD L MARTIN SR DIRECTOR
2.00
0 0 0
3211 FORSYTH DRIVE
GREENSBORO,NC27407
JOHN MCCONNELL DIRECTOR
10.00
0 0 0
3211 FORSYTH DRIVE
GREENSBORO,NC27407
MACKEY MCDONALD DIRECTOR
2.00
0 0 0
3211 FORSYTH DRIVE
GREENSBORO,NC27407
JIM MELVIN DIRECTOR
15.00
0 0 0
3211 FORSYTH DRIVE
GREENSBORO,NC27407
NIDO QUBEIN DIRECTOR
2.00
0 0 0
3211 FORSYTH DRIVE
GREENSBORO,NC27407
CAROLE SIMMS DIRECTOR
2.00
0 0 0
3211 FORSYTH DRIVE
GREENSBORO,NC27407
BEN C SUTTON JR DIRECTOR
2.00
0 0 0
3211 FORSYTH DRIVE
GREENSBORO,NC27407
JOHN SWOFFORD DIRECTOR
2.00
0 0 0
3211 FORSYTH DRIVE
GREENSBORO,NC27407
THOMAS C WATKINS DIRECTOR
2.00
0 0 0
3211 FORSYTH DRIVE
GREENSBORO,NC27407
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
578,144 22,207 0
3211 FORSYTH DRIVE
GREENSBORO,NC27407
ROBERT POWELL DIRECTOR OF OPERATIO
40.00
272,168 24,015 0
3211 FORSYTH DRIVE
GREENSBORO,NC27407
TERRY JONES DIRECTOR OF DEV. & S
40.00
187,014 20,326 0
3211 FORSYTH DRIVE
GREENSBORO,NC27407
KELLY PINNIX DIRECTOR OF FINANCE
40.00
197,000 8,510 0
3211 FORSYTH DRIVE
GREENSBORO,NC27407
JAMES GENTRY III SALES REPRESENTATIVE
40.00
111,284 4,561 0
3211 FORSYTH DRIVE
GREENSBORO,NC27407
Total number of other employees paid over $50,000...................right arrow 2
Form 990-PF (2022)
Form 990-PF (2022)
Page 7
Part VII
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
SHOW PROS ENTERTAINMENT SERVICE INC SECURITY 193,922
PO BOX 12599
CHARLOTTE,NC28220
COMPANY 20 INC EVENT MANAGEMENT 180,268
555 EIGHT AVENUE SUITE 1409
NEW YORK,NY10018
3-G SPORTS LLC MEDIA RELATIONS SERVICES 62,500
1712 FOX HOLLOW ROAD
GREENSBORO,NC27410
GUILFORD COUNTY EMS EMS SERVICES 51,026
2540 EMPIRE DRIVE SUITE 100
WINSTONSALEM,NC27103
TRAVEL & LEISURE PROFESSIONAL SERVICES 50,000
6277 SEA HARBOR DRIVE
ORLANDO,FL32821
Total number of others receiving over $50,000 for professional services.............right arrow0
Part VIII-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. 16,904,511
2  
3  
4  
Part VIII-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.........................right arrow0
Form 990-PF (2022)
Form 990-PF (2022)
Page 8
Part IX
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
1,373,374
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, b, and c).........................
1d
1,373,374
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
1,373,374
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) Click to see attachment
List of Attached Documents:
// Content
.............................
4
183,337
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
1,190,037
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
59,502
Part X
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 IX, line 6..................
1
 
2a
Tax on investment income for 2022 from Part V, line 5.......
2a
 
b
Income tax for 2022. (This does not include the tax from Part V.) ...
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 XII, line 1 ...
7
 
Part XI
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
739,142
b
Program-related investments—total from Part VIII-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 XII, line 4. .......
4
739,142
Form 990-PF (2022)
Form 990-PF (2022)
Page 9
Part XII
Undistributed Income (see instructions)
(a)
Corpus
(b)
Years prior to 2021
(c)
2021
(d)
2022
1 Distributable amount for 2022 from Part X, line 7  
2 Undistributed income, if any, as of the end of 2022:
a Enter amount for 2021 only.......  
b Total for prior years:20, 20, 20  
3 Excess distributions carryover, if any, to 2022:
a From 2017......  
b From 2018......  
c From 2019......  
d From 2020......  
e From 2021......  
f Total of lines 3a through e ........  
4Qualifying distributions for 2022 from Part
XI, line 4: right arrow$  
a Applied to 2021, 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 2022 distributable amount.....  
e Remaining amount distributed out of corpus  
5 Excess distributions carryover applied to 2022.    
(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 2021. Subtract line
4a from line 2a. Taxable amount—see
instructions .............
 
f Undistributed income for 2022. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2023 ..........
 
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 2017 not
applied on line 5 or line 7 (see instructions) ...
 
9 Excess distributions carryover to 2023.
Subtract lines 7 and 8 from line 6a ......
 
10 Analysis of line 9:
a Excess from 2018....  
b Excess from 2019....  
c Excess from 2020....  
d Excess from 2021....  
e Excess from 2022....  
Form 990-PF (2022)
Form 990-PF (2022)
Page 10
Part XIII
Private Operating Foundations (see instructions and Part VI-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 2022, enter the date of the ruling ...... right arrow
 
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 IX for each
year listed ..........
Tax year Prior 3 years (e) Total
(a) 2022 (b) 2021 (c) 2020 (d) 2019
0 0 0 0 0
b 85% (0.85) of line 2a ......... 0 0 0 0 0
c Qualifying distributions from Part XI,
line 4 for each year listed .....
739,142 387,809 1,848,922 976,098 3,951,971
d Amounts included in line 2c not used directly
for active conduct of exempt activities ..........
515,632 501,827 152,892 499,140 1,669,491
e Qualifying distributions made directly
for active conduct of exempt activities.
Subtract line 2d from line 2c ....
223,510 -114,018 1,696,030 476,958 2,282,480
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 IX, line 6 for each year listed ..
39,668 39,725 31,853 44,239 155,485
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 XIV
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 right arrow
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 (2022)
Form 990-PF (2022)
Page 11
Part XIV
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

AMERICAN JUNIOR GOLF ASSOCIATION

1980 SPORTS CLUB DRIVE
BRASELTON,GA30517
UNRELATED 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

AMERICAN JUNIOR GOLF ASSOCIATION

1980 SPORTS CLUB DRIVE
BRASELTON,GA30517
UNRELATED PC TO PROVIDE OVERALL GROWTH AND DEVELOPMENT OF YOUNG MEN AND WOMEN WHO ASPIRE TO EARN COLLEGE GOLF SCHOLARSHIPS THROUGH COMPETITIVE JUNIOR GOLF. 61,600

ATRIUM HEALTH WAKE FOREST BAPTIST

PO BOX 571021
WINSTONSALEM,NC271571021
UNRELATED PC TO IMPROVE THE HEALTH OF OUR REGION, STATE AND NATION. 20,000

BUBBA WALLACE LIVE TO BE DIFFERENT

517 ALCOVE ROAD SUITE 202
MOORESVILLE,NC28117
UNRELATED PC TO ENCOURAGE THE NEXT GENERATION TO BE BETTER AND MORE INCLUSIVE THAN EVERY GENERATION BEFORE IT, SO THEY CAN ACHIEVE ANYTHING THEY PUT THEIR MIND TO. 53,034

COMMUNITY FOUNDATION OF GREATER GREENSBORO

301 NORTH ELM STREET SUITE 100
GREENSBORO,NC27401
UNRELATED 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. 30,000

COMMUNITY FOUNDATION OF GREATER GREENSBORO

301 NORTH ELM STREET SUITE 100
GREENSBORO,NC27401
UNRELATED 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. 10,000

DOWNTOWN GREENSBORO FOUNDATION

536 SOUTH ELM STREET
GREENSBORO,NC27406
UNRELATED PC TO SUPPORT THE EDUCATIONAL, HISTORICAL PRESERVATION AND OTHER EXEMPT PUBLIC EFFORTS OF DOWNTOWN GREENSBORO INC. 5,000

DRIVE FORE THE TROOPS

7515 SHADOW CREEK DRIVE
SUMMERFIELD,NC27358
UNRELATED PC TO SUPPORT OUR TROOPS AND THEIR FAMILIES BY SUSTAINING THE MANY PROGRAMS OFFERED THROUGH THE USO. 4,500

FAMILY SERVICES OF THE PIEDMONT

902 BONNER DRIVE
JAMESTOWN,NC27282
UNRELATED PC TO FOCUS ON BUILDING SAFE AND HEALTY FAMILIES. 2,000

FRIENDS FOR AN EARLIER BREAST CANCER TEST

PO BOX 10363
GREENSBORO,NC274040363
UNRELATED PC TO PROMOTE BREAST CANCER AWARENESS AND SUPPORT RESEARCH FOR AN EARLIER DETECTION METHOD. 500

GOLF FORE FUN INC - FIRST TEE CENTRAL CAROLINA

PO BOX 236
CLEMMONS,NC27012
UNRELATED 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. 57,655

HERBEN-METZ EDUCATION CENTER PTA

400 OFERRELL STREET
GREENSBORO,NC27405
UNRELATED PC TO PROVIDE EDUCATION AND CARE TO MULTI-DISABLED INFANTS AND TODDLERS WITH SEVERE DEVELOPMENTAL DELAYS, AGED BIRTH TO THREE. 6,309

HV3 FOUNDATION

160 CONE CIRCLE
SOUTHERN PINES,NC28387
UNRELATED PC TO INCREASE ACCESS AND INCLUSION FOR ALL YOUTH IN SPORTS THROUGH EDUCATION, ADVOCACY, AND SPORTS PROGRAMS, BY SUBSIDIZING AND/OR OPERATING SUCH PROGRAMS FOR INDIVIDUALS WHO CANNOT AFFORD THEM. 55,034

NC AGRICULTURAL & TECHNICAL STATE UNIVERSITY

1601 EAST MARKET STREET
GREENSBORO,NC27411
UNRELATED GOV TO CULTIVATE LOYALTY AND TRADITION, AND FOSTER MUTUALLY BENEFICIAL LIFELONG RELATIONSHIPS BETWEEN THE UNIVERSITY, ALUMNI, STUDENTS AND FRIENDS OF THE AGGIE FAMILY. 10,000

PIEDMONT TRIAD PARTNERSHIP

416 GALLIMORE DAIRY ROAD SUITE M
GREENSBORO,NC27409
UNRELATED 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. 50,000

SIT-IN MOVEMENT INC (DBA INTERNATIONAL CIVIL RIGHTS CENTER & MUSEUM)

134 SOUTH ELM STREET
GREENSBORO,NC27401
UNRELATED PC TO ESTABLISH AN INTERNATIONAL CIVIL RIGHTS MUSEUM. 8,000

SPONSORS FOR EDUCATIONAL OPPORTUNITY INC

55 EXCHANGE PLACE
NEW YORK,NY10005
UNRELATED PC TO PROVIDE SUPERIOR EDUCATIONAL AND CAREER PROGRAMS TO YOUNG PEOPLE FROM UNDERSERVED AND UNDERREPRESENTED COMMUNITIES TO MAXIMIZE THEIR OPPORTUNITIES FOR COLLEGE AND CAREER SUCCESS. 1,000

THE CROSBY SCHOLARS COMMUNITY PARTNERSHIP

2701 UNIVERSITY PARKWAY
WINSTONSALEM,NC27105
UNRELATED PC TO PREPARE PUBLIC SCHOOL STUDENTS IN FORSYTH COUNTY FOR SUCCESSFUL COLLEGE ENROLLMENT. 2,500

THE MOSES CONE MEMORIAL HOSPITAL

1200 NORTH ELM STREEET
GREENSBORO,NC27401
UNRELATED PC TO PREVENT ILLNESS, RESTORING HEALTH AND PROVIDING COMFORT, THROUGH EXCEPTIONAL PEOPLE DELIVERING EXCEPTIONAL CARE. 20,000

THE MOSES CONE MEMORIAL HOSPITAL

1200 NORTH ELM STREEET
GREENSBORO,NC27401
UNRELATED PC TO PREVENT ILLNESS, RESTORING HEALTH AND PROVIDING COMFORT, THROUGH EXCEPTIONAL PEOPLE DELIVERING EXCEPTIONAL CARE. 1,000

THE SALVATION ARMY BOYS & GIRLS CLUBS OF GREENSBORO

1001 FREEMAN MILL ROAD
GREENSBORO,NC27406
UNRELATED PC TO PREACH THE GOSPEL OF JESUS CHRIST AND TO MEET HUMAN NEEDS IN HIS NAME WITHOUT DISCRIMINATION. 2,500

THE SALVATION ARMY USA

615 SLATERS LANE
ALEXANDRIA,VA22314
UNRELATED PC TO PREACH THE GOSPEL OF JESUS CHRIST AND TO MEET HUMAN NEEDS IN HIS NAME WITHOUT DISCRIMINATION. 1,500

THE SHRINERS HOSPITAL FOR CHILDREN

C/O 5010 HIGH POINT ROAD
GREENSBORO,NC27407
UNRELATED 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 TESORI FAMILY FOUNDATION

101 MARKETSIDE AVENUE SUITE 404 345
PONTE VEDRA,FL32081
UNRELATED PC TO ACHIEVE GREAT THINGS THROUGH GOD BY LENDING A HELPING HAND, PROVIDING HOPE AND HEALING HEARTS FOR CHILDREN 5,000

UNCG SPARTAN CLUB

PO BOX 26168
GREENSBORO,NC27402
UNRELATED GOV TO PROVIDE FUNDS FOR THE SPARTAN ATHLETICS EXCELLENCE SCHOLARSHIP FUND. 2,500

WINSTON-SALEM PROFESSIONAL TENNIS INC

500 WEST 5TH STREET SUITE 1410
WINSTONSALEM,NC27101
UNRELATED PC TO PROMOTE TENNIS IN ALL OUR COMMUNITIES BY DIRECTING CLINICS, TOURNAMENTS, TRAINING/EDUCATING INSTRUCTORS AN SPONSORING YOUTH AND ADULT PROGRAMS. 75,000
Total .................................right arrow 3a 515,632
bApproved for future payment
Total ................................. right arrow 3b 0
Form 990-PF (2022)
Form 990-PF (2022)
Page 12
Part XV-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          
bSPONSOR SALES       1,524,500  
cHOSPITALITY       3,526,165  
dTOURNAMENT ADMISSION       425,891  
eCONCESSIONS, CLOTHING, AND PARKING       749,583  
fSPONSORSHIP RECOGNITION       1,013,287  
PARTY SPONSORSHIPS       78,025  
TITLE SPONSOR, PGA REIMBURSEMENT, AND OTHER       8,850,732  
ADVERTISING REVENUE - OFFICIAL TOURNAMENT PROGRAM 711210 21,136      
ADVERTISTING REVENUE - OFFICAL DAILY PAIRINGS GUIDE 711210 36,522      
gFees and contracts from government agencies          
2 Membership dues and assessments ....          
3 Interest on savings and temporary cash
investments ...........
    14 1,247  
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) .. 57,658 16,169,430 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
16,227,088
(See worksheet in line 13 instructions to verify calculations.)
Part XV-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 XV-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 (2022)
Form 990-PF (2022)
Page 13
Part XVI
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.
right arrow right arrow
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 Check if self-
employed right arrow
PTIN
Firm's name SmallBullet
Firm's EIN SmallBullet
Firm's address SmallBullet


Phone no.
Form 990-PF (2022)
Additional Data


Software ID:  
Software Version:  


Form 990PF - Special Condition Description:
Special Condition Description
Schedule B
(Form 990)
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
2022
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) (2022)
Schedule B (Form 990) (2022) 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
THE COMMUNITY FOUNDATION
 
PO BOX 9010
 
GREENSBORO, NC274290010

$ 75,696


(Complete Part II for noncash contributions.)
(a)
No.
(b)
Name, address, and ZIP + 4
(c)
Total contributions
(d)
Type of contribution
2
ARTHUR SAMET
 
PO BOX 8050
 
GREENSBORO, NC27419

$ 5,000


(Complete Part II for noncash contributions.)
(a)
No.
(b)
Name, address, and ZIP + 4
(c)
Total contributions
(d)
Type of contribution
3
ASHFAQUE CHOWDHURY
 
4800 GOLDEN ACRES ROAD
 
OAK RIDGE, NC27310

$ 23,000


(Complete Part II for noncash contributions.)
(a)
No.
(b)
Name, address, and ZIP + 4
(c)
Total contributions
(d)
Type of contribution
4
BELL FOUNDATION CO DIANE HUFFMAN
 
PO BOX 3288
 
GREENSBORO, NC27401

$ 15,000


(Complete Part II for noncash contributions.)
(a)
No.
(b)
Name, address, and ZIP + 4
(c)
Total contributions
(d)
Type of contribution
5
BURNEY JENNINGS
 
1414 YANCEYVILLE STREET SUITE 300
 
GREENSBORO, NC27405

$ 5,000


(Complete Part II for noncash contributions.)
(a)
No.
(b)
Name, address, and ZIP + 4
(c)
Total contributions
(d)
Type of contribution
6
CHARLIE GANIM
 
PO BOX 38125
 
GREENSBORO, NC27438

$ 5,000


(Complete Part II for noncash contributions.)
Schedule B (Form 990) (2022)
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
CHRIS TREVEY
 
120 LANDMARK DRIVE
 
GREENSBORO, NC27409

$ 5,000


(Complete Part II for noncash contributions.)
(a)
No.
(b)
Name, address, and ZIP + 4
(c)
Total contributions
(d)
Type of contribution
8
CHUCK & MARY JONES
 
3705 WEST MARKET STREET SUITE A
 
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
9
DEAN & LAURA NORMAN
 
1902 LAFAYETTE 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
10
DOWNTOWN GREENSBORO
 
436 SOUTH ELM STREET
 
GREENSBORO, NC27405

$ 5,000


(Complete Part II for noncash contributions.)
(a)
No.
(b)
Name, address, and ZIP + 4
(c)
Total contributions
(d)
Type of contribution
11
DURANT BELL
 
900 CAROLINA STREET
 
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
12
FRANK & LINDSEY AUMAN
 
812 COUNTRY CLUB DRIVE
 
GREENSBORO, NC27408

$ 5,000


(Complete Part II for noncash contributions.)
Schedule B (Form 990) (2022)
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
FRANK BRENNER
 
1700 GRANVILLE 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
14
FRED BLACK
 
4100 WELL SPRING UNIT 1310
 
GREENSBORO, NC27410

$ 5,000


(Complete Part II for noncash contributions.)
(a)
No.
(b)
Name, address, and ZIP + 4
(c)
Total contributions
(d)
Type of contribution
15
HIGH POINT UNIVERSITY
 
ONE UNIVERSITY PARKWAY
 
HIGH POINT, NC27265

$ 5,000


(Complete Part II for noncash contributions.)
(a)
No.
(b)
Name, address, and ZIP + 4
(c)
Total contributions
(d)
Type of contribution
16
JEAN ANNE FERNER
 
2603 WEYMOUTH PLACE
 
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
17
JOHN ELLISON & KERRIE ORRELL
 
PO BOX 29027
 
GREENSBORO, NC27429

$ 5,000


(Complete Part II for noncash contributions.)
(a)
No.
(b)
Name, address, and ZIP + 4
(c)
Total contributions
(d)
Type of contribution
18
JOHN SWOFFORD
 
5314 DORCHESTER ROAD
 
GREENSBORO, NC27407

$ 5,000


(Complete Part II for noncash contributions.)
Schedule B (Form 990) (2022)
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
JULIA ROBINSON
 
205 MEADOWBROOK TERRACE
 
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
20
KOURY CORPORATION
 
2275 VANSTORY STREET SUITE 200
 
GREENSBORO, NC27403

$ 5,000


(Complete Part II for noncash contributions.)
(a)
No.
(b)
Name, address, and ZIP + 4
(c)
Total contributions
(d)
Type of contribution
21
LOUIS DEJOY & ALDONA Z WOS FAMILY FOUNDATION
 
628 GREEN VALLEY ROAD SUITE 203
 
GREENSBORO, NC27408

$ 105,000


(Complete Part II for noncash contributions.)
(a)
No.
(b)
Name, address, and ZIP + 4
(c)
Total contributions
(d)
Type of contribution
22
LOUISE BRADY
 
1511 ALLENDALE 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
23
MARK E BRAZIL
 
132 CHESTNUT BAY LANE
 
MOORESVILLE, NC281175975

$ 25,000


(Complete Part II for noncash contributions.)
(a)
No.
(b)
Name, address, and ZIP + 4
(c)
Total contributions
(d)
Type of contribution
24
PGA TOUR INC
 
1 PGA TOUR BOULEVARD
 
PONTE VEDRA BEACH, FL32082

$ 225,000


(Complete Part II for noncash contributions.)
Schedule B (Form 990) (2022)
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
ROB & MARY DATOR
 
3705 HAZEL LANE
 
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
ROBERT E LONG JR
 
300 NORTH GREENE STREET SUITE 1750
 
GREENSBORO, NC27401

$ 100,000


(Complete Part II for noncash contributions.)
(a)
No.
(b)
Name, address, and ZIP + 4
(c)
Total contributions
(d)
Type of contribution
27
SAM SIMPSON
 
1401-B SUNSET DRIVE
 
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
28
STERLING KELLY
 
1515 WEST CORNWALIS DRIVE
 
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
STEVE BOWDEN
 
PO BOX 20185
 
GREENSBORO, NC27420

$ 5,000


(Complete Part II for noncash contributions.)
(a)
No.
(b)
Name, address, and ZIP + 4
(c)
Total contributions
(d)
Type of contribution
30
SUSAN & DENIS JACOBSON
 
504 DAYBREAK SQUARE
 
GREENSBORO, NC27455

$ 5,000


(Complete Part II for noncash contributions.)
Schedule B (Form 990) (2022)
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
31
THE JOSEPH M BRYAN FOUNDATION OF GREATER GSO INC
 
PO BOX 26040
 
GREENSBORO, NC27420

$ 225,000


(Complete Part II for noncash contributions.)
(a)
No.
(b)
Name, address, and ZIP + 4
(c)
Total contributions
(d)
Type of contribution
32
THE MICHAEL W HALEY FOUNDATION INC
 
1031 SUMMIT AVENUE SUITE 2W-1
 
GREENSBORO, NC27405

$ 100,000


(Complete Part II for noncash contributions.)
(a)
No.
(b)
Name, address, and ZIP + 4
(c)
Total contributions
(d)
Type of contribution
33
THE TRUST COMPANY OF THE SOUTH
 
800 GREEN VALLEY ROAD SUITE 304
 
GREENSBORO, NC27408

$ 17,283


(Complete Part II for noncash contributions.)
(a)
No.
(b)
Name, address, and ZIP + 4
(c)
Total contributions
(d)
Type of contribution
34
THOMAS WHITE
 
308 MEADOWBROOK TERRACE
 
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
35
TITO'S HANDCRAFTED VODKA CO MIKE ZEINEMANN
 
5504 WERBUGH STREET
 
CHARLOTTE, NC28209

$ 10,000


(Complete Part II for noncash contributions.)
(a)
No.
(b)
Name, address, and ZIP + 4
(c)
Total contributions
(d)
Type of contribution
36
TOM ROBERTS
 
2 SOUTWOOD ROAD
 
ASHEVILLE, NC28803

$ 20,000


(Complete Part II for noncash contributions.)
Schedule B (Form 990) (2022)
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
37
TRUIST BANK
 
214 NORTH TRYON STREET
 
CHARLOTTE, NC28202

$ 25,000


(Complete Part II for noncash contributions.)
(a)
No.
(b)
Name, address, and ZIP + 4
(c)
Total contributions
(d)
Type of contribution
38
WYNDHAM HOTELS & RESORTS
 
22 SYLVAN WAY
 
PARSIPPANY, NJ07054

$ 60,000


(Complete Part II for noncash contributions.)
(a)
No.
(b)
Name, address, and ZIP + 4
(c)
Total contributions
(d)
Type of contribution
39
US SMALL BUSINESS ADMINISTRATION
 
409 3RD ST SW
 
WASHINGTON, DC20416

$ 150,000


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

$  


(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) (2022)
Schedule B (Form 990) (2022)
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) (2022)
Schedule B (Form 990) (2022)
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) (2022)
Additional Data


Software ID:  
Software Version:  

TY 2022 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
  23,860 0 23,860 23,860

TY 2022 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 2022 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  
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  
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  
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 24,361 19,720 4,641 4,641
2014 FORD EXPLORER 26,311 26,311 0  
GOLD LOT INFRASTRUCTURE WORK 16,500 4,469 12,031 12,031
2016 CHEVROLET SUBURBAN 38,700 34,830 3,870 3,870
MINIATURE GOLF COURSE 5,466 4,828 638 638
VARIOUS (5400 DORCHESTER 69,957 47,804 22,153 22,153
VARIOUS (5412 DORCHESTER) 8,027 5,485 2,542 2,542
CART PATH ADJUSTMENT ON HOLE #13 39,236 27,465 11,771 11,771
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 4,882 21,748 21,748
LANDSCAPING - 5400 DORCHESTER 7,426 1,300 6,126 6,126
5400 DORCHESTER 830,583 83,058 747,525 747,525
5412 DORCHESTER 376,038 36,037 340,001 340,001
5400 DORCHESTER IMPROVEMENTS 218,169 74,541 143,628 143,628
5412 DORCESTER IMPROVEMENTS 68,663 24,032 44,631 44,631
OPERATIONS BUILDING (3211 FOYSYTH DRIVE) 755,916 47,245 708,671 708,671
SHORT GAME AREA 1,581,323 191,077 1,390,246 1,390,246
2022 HYUNDIA PALISADE 45,634 11,405 34,229 34,229
SHORT GAME AREA IMPROVEMENT TO ASSET 317 22,650 1,416 21,234 21,234
SHORT GAME AREA IMPROVEMENT TO ASSET 317 33,666 1,824 31,842 31,842


TY 2022 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
  4,191 0 4,191 4,380


TY 2022 MortgagesAndNotesPayableSch
Name:
PIEDMONT TRIAD CHARITABLE FOUNDATION
 
D/B/A WYNDHAM CHAMPIONSHIP
EIN:
56-6085407
Total Mortgage Amount: 1,084,523

Item No. 1
Lender's Name TRUIST
Lender's Title  
Relationship to Insider NONE
Original Amount of Loan 6,400,000
Balance Due 1,400,000
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 TRUIST
Lender's Title  
Relationship to Insider NONE
Original Amount of Loan 888,250
Balance Due 717,037
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. 3
Lender's Name TRUIST
Lender's Title  
Relationship to Insider NONE
Original Amount of Loan 452,455
Balance Due 367,486
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. 4
Lender's Name PGA TOUR
Lender's Title  
Relationship to Insider NONE
Original Amount of Loan 1,000,000
Balance Due 666,666
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. 5
Lender's Name PGA TOUR
Lender's Title  
Relationship to Insider NONE
Original Amount of Loan 1,000,000
Balance Due 666,666
Date of Note 2020-08
Maturity Date 2026-02
Repayment Terms ANNUAL PAYMENTS OF $166,667
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. 6
Lender's Name SMALL BUSINESS ADMINISTRATION
Lender's Title  
Relationship to Insider NONE
Original Amount of Loan 150,000
Balance Due 140,000
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 2022 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 170,900 187,990 187,990


TY 2022 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 407,268 0 407,268 290,787
GENERAL AND ADMINISTRATIVE 235,434 0 235,434 223,958
PURSE, PERSONNEL, AND GENERAL GOLF TOURNAMENT EXPENSES 7,992,239 0 7,992,239 7,990,638
TOURNAMENT OPERATIONS 3,905,580 0 3,905,580 3,828,131
COURSE SALES (CLOTHING, CONCESSIONS, TICKETS) 768,506 0 768,506 689,932
MEDIA 186,200 0 186,200 186,122
HOSPITALITY 1,427,053 0 1,427,054 1,442,199
OFFICIAL TOURNAMENT PROGRAM EXPENSES 24,455 0 24,455 0
OFFICIAL DAILY PAIRINGS GUIDE EXPENSES 16,607 0 16,607 0
LESS WYNDHAM CHAMPIONSHIP INCOME 0 0 0 -16,168,189


TY 2022 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
SPONSOR SALES 1,524,500   1,524,500
HOSPITALITY 3,526,165   3,526,165
TOURNAMENT ADMISSION 425,891   425,891
CONCESSIONS, CLOTHING, AND PARKING 749,583   749,583
SPONSORSHIP RECOGNITION 1,013,287   1,013,287
PARTY SPONSORSHIPS 78,025   78,025
TITLE SPONSOR, PGA REIMBURSEMENT, AND OTHER 8,850,732   8,850,732
ADVERTISING REVENUE - OFFICIAL TOURNAMENT PROGRAM 21,136   21,136
ADVERTISTING REVENUE - OFFICAL DAILY PAIRINGS GUIDE 36,522   36,522


TY 2022 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 150,000 0


TY 2022 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 79,709 0 79,709 79,709
UNRELATED BUSINESS INCOME TAX 7,929 0 7,929 0