| Return Reference | Explanation |
|---|---|
| FORM 990, PART VI, SECTION A, LINE 7A | THE ASSOCIATION'S BYLAWS RESERVE THE POWER TO ELECT AND/OR REMOVE CERTAIN BOARD OF DIRECTORS MEMBERS TO THE LPGA FOUNDATION, INC., A RELATED ENTITY. |
| FORM 990, PART VI, SECTION B, LINE 11B | THE FORM 990 IS PREPARED BY AN INDEPENDENT ACCOUNTING FIRM IN CONJUNCTION WITH THE ASSOCIATION'S MANAGEMENT. THE FORM 990 IS REVIEWED AND APPROVED BY MANAGEMENT AND THEN SHARED WITH THE FULL BOARD OF DIRECTORS PRIOR TO THE RETURN'S FILING WITH THE INTERNAL REVENUE SERVICE. |
| FORM 990, PART VI, SECTION B, LINE 12C | BOARD MEMBERS ARE PROVIDED WITH A CONFLICT OF INTEREST REPORTING FORM ON AN ANNUAL BASIS ON WHICH TO REPORT AND DISCLOSE ANY REAL OR POTENTIAL CONFLICT OF INTEREST OR ETHICAL ISSUES TO THE EWGA. THE OBLIGATION TO REPORT SUCH CONFLICTS OR ISSUES IS ONGOING; THEREFORE, BOARD MEMBERS ARE REQUIRED TO REPORT ANY CHANGE IN CIRCUMSTANCES WHENEVER THEY OCCUR DURING ANY CALENDAR YEAR. EACH CONFLICT OF INTEREST REPORTING FORM SHALL BE SUBMITTED CONFIDENTIALLY FOR REVIEW TO THE PRESIDENT AND SECRETARY, WHO ARE EMPOWERED TO RESOLVE ANY CONFLICT OF INTEREST OR ETHICAL ISSUE THAT MAY COMPROMISE A BOARD MEMBER'S ABILITY TO FULFILL HER OR HIS FIDUCIARY OBLIGATIONS TO EWGA. IN THE EVENT THAT A CONFLICT OF INTEREST OR ETHICAL ISSUE CANNOT BE SATISFACTORILY RESOLVED BY THE PRESIDENT AND SECRETARY, THE MATTER SHALL BE REFERRED TO THE EWGA GOVERNANCE COMMITTEE WHICH SHALL SEEK TO RESOLVE THE MATTER. ANY MATTER THAT CANNOT BE RESOLVED BY THE ABOVE PROCEDURES SHALL BE REPORTED TO THE BOARD OF DIRECTORS FOR RESOLUTION. |
| FORM 990, PART VI, SECTION B, LINE 15 | THE TALENT AND CULTURE DEPARTMENT OF THE LPGA, IN PARTNERSHIP WITH THE COMMISSIONER AND KEY EXECUTIVES, CONDUCT PERFORMANCE REVIEWS AND DETERMINE COMPENSATION FOR ALL EMPLOYEES ACROSS THE ORGANIZATION. THEIR RECOMMENDATIONS ARE BASED ON THE FOLLOWING METHODS: INDEPENDENT COMPENSATION CONSULTING, COMPARABLE INDUSTRY KNOWLEDGE, AND MARKET SURVEYS, COUPLED WITH PERFORMANCE. THE LAST COMPENSATION SURVEY WAS CONDUCTED IN THE FALL OF 2023. |
| FORM 990, PART VI, SECTION C, LINE 19 | THE EWGA'S GOVERNING DOCUMENTS, CONFLICTS OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC AT MANAGEMENT'S DISCRETION. |
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