2026-08-14T08:17:31-05:00 2025-09-30 994625061 CRI ADVISORS LLC 1031 W MORSE BLVD SUITE 200 WINTER PARK FL 32789 990 2025-07-01 465468220 ARNOLD & WINNIE PALMER FOUNDATION INC ARNO 4078763944 9000 BAY HILL BLVD ORLANDO FL 32819 BRIAN BATTLES VP OF FINANCE 4078768057 2026-08-13 1 SARAH E MARSHALL CPA P00748415 4076447455 2026-08-12 2025 2025-03-06 01:10:19Z BRIAN BATTLES 9000 BAY HILL BLVD ORLANDO FL 32819 1749643 0 X PALMERFOUNDATION.ORG X 2014 FL THE ORGANIZATION'S MISSION IS TO PROMOTE YOUTH CHARACTER DEVELOPMENT, CHILDREN'S HEALTH, ENVIRONMENTAL STEWARDSHIP AND WELL-BEING WHILE ALSO PRESERVING, ENHANCING AND PROMOTING THE LEGACY OF ARNOLD PALMER IN GOLF AND AMERICAN HISTORY AND SHARING IT WITH THE PUBLIC AS A PRACTICAL AND INSPIRATIONAL COMPONENT OF THE CHARITABLE AND EDUCATIONAL PILLARS OF THE FOUNDATION. 5 3 0 25 0 0 4972060 515022 0 0 616300 186925 29524 -27722 5617884 674225 557500 148000 0 0 917515 176785 0 0 100580 2353448 364930 3828463 689715 1789421 -15490 31868764 32332554 820764 363515 31048000 31969039 THE ORGANIZATION PROMOTES YOUTH CHARACTER DEVELOPMENT THROUGH GOLF, CHILDREN'S HEALTH AND ACCESS TO NATURE, WHILE ALSO PRESERVING, ENHANCING AND PROMOTING THE LEGACY OF ARNOLD PALMER IN GOLF AND AMERICAN HISTORY. 0 0 243246 148000 0 THE ORGANIZATION PROVIDES FINANCIAL SUPPORT TO INSTITUTIONS AND ORGANIZATIONS THAT PROMOTE YOUTH CHARACTER DEVELOPMENT, CHILDREN'S HEALTH, ENVIRONMENTAL STEWARDSHIP AND WELL-BEING WHILE ALSO PRESERVING, ENHANCING AND PROMOTING THE LEGACY OF ARNOLD PALMER IN GOLF AND AMERICAN HISTORY. 1156 0 0 DURING THIS 3 MONTH REPORTING PERIOD THERE WERE NO ARNOLD PALMER CUPS SCHEDULED. THIS COLLEGIATE EVENT'S PURPOSE IS TO PROMOTE THE DEVELOPMENT OF YOUTH GOLFERS AND TO PASS ON MR. ARNOLD PALMER'S VALUES TO THE NEXT GENERATION OF GOLFERS. THE EVENT ROTATES BETWEEN DOMESTIC AND INTERNATIONAL LOCATIONS AND INCLUDES BOTH MEN AND WOMEN FROM AROUND THE WORLD PLAYING TOGETHER IN A RYDER CUP-STYLE COMPETITION. 46076 0 0 THE ORGANIZATION IS COMMITTED TO MAINTAINING AND IMPROVING THE DONATED BUILDINGS AND LAND OF LEGENDS PROPERTY, INCLUDING BUT NOT LIMITED TO LATROBE COUNTRY CLUB, TO SHOWCASE THE PALMER LEGACY. 290478 1 1 0 1 0 0 0 0 0 1 1 0 0 0 0 1 0 1 0 0 0 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 1 1 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 0 X 5 3 1 0 1 0 0 1 0 1 0 0 0 1 1 1 1 0 0 0 0 0 FL X FONTANA CPAS 7277999533 13007 W LINEBAUGH AVENUE TAMPA FL 33626 AMY SAUNDERS BOARD CHAIR/PRESIDENT 1.00 2.00 X 0 0 0 DAVID ROEMER DIRECTOR 1.00 0.00 X 0 0 0 WALT CONN DIRECTOR 1.00 2.00 X 0 0 0 AMY SMITH DIRECTOR 1.00 0.00 X 0 0 0 ROBERT L SAUNDERS DIRECTOR 1.00 2.00 X 0 0 0 BRIAN BATTLES VP OF FINANCE 5.00 5.00 X 0 0 0 JASON PEEVY PRESIDENT 40.00 0.00 X 0 0 0 KAREN KELLER SECRETARY 40.00 0.00 X 0 0 0 0 0 0 136000 379022 515022 186251 186251 984370 983696 674 674 674 64000 136000 91722 -27722 -27722 674225 0 0 159203 148000 148000 74932 17531 21137 36264 101853 47484 25463 28906 53474 53474 55030 55030 15000 15000 21786 21786 20727 20727 9495 9495 8813 8813 71259 71259 30231 30231 5121 5121 LEGENDS PROPERTY LLC 46076 46076 BANK FEES AND CREDIT CA 11753 11753 GENERAL FUNDRAISING EXP 8657 8657 MARKETING & COMMUNICATI 6352 6352 1156 1156 689715 290478 298657 100580 1005336 2256325 540929 475460 2352558 246622 27787 28834 5937441 484756 5427734 5452685 22279670 23637878 234750 234750 31868764 32332554 820764 363515 820764 363515 X 29045132 29952298 2002868 2016741 31048000 31969039 31868764 32332554 -15490 936529 0 X X 0 1 X 0 0 X 7706974 2398495 2464826 4987450 515022 18072767 7706974 2398495 2464826 4987450 515022 18072767 6973948 11098819 351095 560626 654367 671716 186251 2424055 48452 14134 62586 20559408 0.53980 0.52490 X PART II, SHORT YEAR EXPLANATION: THE AMOUNTS REFLECTED ON THE SCHEDULE A, PAGE 2, PART II, "2025" COLUMN REPRESENT SHORT YEAR NUMBERS FOR THE PERIOD FROM 07/01/2025 TO 09/30/2025. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 0 0 1 15000 15000 0 PART II-B, LINE 1: ARNOLD AND WINNIE PALMER FOUNDATION LOBBIED THE STATE OF PENNSYLVANIA TO REQUEST ECONOMIC DEVELOPMENT FUNDS FOR THE ENHANCEMENT OF LATROBE COUNTRY CLUB AS A DESTINATION FOR GOLFERS WORLDWIDE TO CELEBRATE THE LEGACY OF ARNOLD PALMER. 15000000 15000000 15000000 15000000 15000000 15000000 15000000 15000000 10539085 7000000 -1953136 585949 15000000 1.00000 1 0 2456858 2456858 3313330 359361 2953969 20591 9007 11584 146662 116388 30274 5452685 X PART X, LINE 2: THE ORGANIZATION UTILIZES THE ACCOUNTING REQUIREMENTS ASSOCIATED WITH UNCERTAINTY IN INCOME TAXES USING THE PROVISIONS OF FINANCIAL ACCOUNTING STANDARDS BOARD (FASB) ASC 740, INCOME TAXES. USING THAT GUIDANCE, TAX POSITIONS INITIALLY NEED TO BE RECOGNIZED IN THE CONSOLIDATED FINANCIAL STATEMENTS WHEN IT IS MORE-LIKELY-THAN-NOT THE POSITIONS WILL BE SUSTAINED UPON EXAMINATION BY THE TAX AUTHORITIES. IT ALSO PROVIDES GUIDANCE FOR DERECOGNITION, CLASSIFICATION, INTEREST AND PENALTIES, ACCOUNTING IN INTERIM PERIODS, DISCLOSURE AND TRANSITION. AS OF SEPTEMBER 30, 2025, THE ORGANIZATION HAS NO UNCERTAIN TAX POSITIONS THAT QUALIFY FOR RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. PART V, LINE 4 THE BOARD'S INTENTION WAS TO SET ASIDE $15 MILLION IN BOARD DESIGNATED ENDOWMENT FUNDS. THE EARNINGS ARE NOT ADDED TO THE ENDOWMENT FUND. ARNIE'S BIRTHDAY INVITATIONAL 200000 136000 64000 26618 10560 20980 33564 200000 136000 64000 26618 10560 20980 33564 91722 -27722 1 IDEAS FOR US 1030 W KALEY ST ORLANDO FL 32805 273999166 501 (C) (3) 118000 0 NATURE EDUCATION PROGRAMMING CHERRYHILLS PALMER SCHOLARSHIP FOUNDATION 4125 SOUTH UNIVERSITY BOULEVARD CHERRY HILLS VILLAGE CO 801134904 331013709 501 (C) (3) 20000 0 SCHOLARSHIP DONATION WESTMORELAND COMMUNITY ACTION 226 DONOHOE ROAD SUITE 111 GREENSBURG PA 15601 251383079 501 (C) (3) 10000 0 SUPPORTING FAMILIES AND YOUTH 3 PART I, LINE 2: THE ORGANIZATION MONITORS ITS GRANTS BY REGULAR AND PERIODIC COMMUNICATION TO BOARD MEMBERS AND SUPPORT STAFF, REGARDING THE PROGRESS, SUCCESSES AND AREAS OF NEED IN THE RELATED PROGRAMS. TBHC INC DBA THE BAY HILL CLUB & LODGE SUPP INFO, NOTE 1 32041 PALMER FOUNDATION - OPERATIONAL COSTS SUCH AS OFFICE SUPPLIES, RENT, COMPUTER EQUIPMENT, CONSULTANTS AND OTHER ROUTINE EXPENSES RELATED TO RUNNING THE ORGANIZATION. 0 TBHC INC DBA THE BAY HILL CLUB & LODGE SUPP INFO, NOTE 2 176785 SALARIES - PALMER FOUNDATION REIMBURSES TBHC, INC. FOR THE COMPENSATION OF TBHC, INC. EMPLOYEES LEASED BY PALMER FOUNDATION FOR MANAGING AND OPERATING ORGANIZATIONAL ACTIVITIES 0 PART IV, COLUMN B, NOTE 1 ENTITY MORE THAN 35% OWNED BY AMY P. SAUNDERS SEPARATE TRUST WITH AMY P. SAUNDERS AS THE BENEFICIARY. PART IV, COLUMN B, NOTE 2 ENTITY MORE THAN 35% OWNED BY AMY P. SAUNDERS SEPARATE TRUST WITH AMY P. SAUNDERS AS THE BENEFICIARY. FORM 990, PART VI, SECTION A, LINE 2 AMY P. SAUNDERS (CHAIR AND PRESIDENT OF THE FOUNDATION) IS PRESIDENT OF LATROBE COUNTRY CLUB INC., ARNOLD PALMER ENTERPRISES, INC., AND TBHC, INC. (D/B/A BAY HILL CLUB AND LODGE). ROBERT L. SAUNDERS III (DIRECTOR OF THE FOUNDATION) IS VICE PRESIDENT OF LATROBE COUNTRY CLUB INC., AND TBHC, INC. (D/B/A BAY HILL CLUB AND LODGE). ROBERT IS ALSO AN EMPLOYEE OF TBHC, INC. (D/B/A BAY HILL CLUB AND LODGE). MR. SAUNDERS AND MRS. SAUNDERS HAVE A FAMILIAL RELATIONSHIP. FORM 990, PART VI, SECTION A, LINE 4 THE ARTICLES OF INCORPORATION WERE UPDATED ON MAY 21, 2025 TO INCLUDE WORDING FOR A "FOUNDING MEMBER." THESE CHANGES WERE APPROVED BY THE AWPF BOARD OF DIRECTORS AT THEIR DECEMBER 19TH, 2024 BOARD MEETING. FORM 990, PART VI, SECTION A, LINE 7A AMY P. SAUNDERS HAS THE AUTHORITY TO APPOINT MEMBERS OF THE GOVERNING BODY. FORM 990, PART VI, SECTION A, LINE 8B THERE ARE NO COMMITTEES WITH AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. THE COMMITTEES ARE ADVISORY ONLY. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 IS PREPARED BY THE ORGANIZATION'S OUTSIDE TAX PREPARER USING THE ORGANIZATION'S AUDITED FINANCIAL RECORDS AND ADDITIONAL INFORMATION PROVIDED BY MANAGEMENT AND IS THEN REVIEWED BY ITS TOP MANAGEMENT OFFICIAL AND TOP FINANCIAL OFFICIAL. A DRAFT OF THE COMPLETE FORM 990, INCLUDING ALL REQUIRED SCHEDULES, IS DISTRIBUTED TO ALL MEMBERS OF THE BOARD OF DIRECTORS PRIOR TO FILING. BOARD MEMBERS ARE GIVEN AN OPPORTUNITY TO ASK QUESTIONS AND SUGGEST CHANGES. ANY CORRECTIONS OR CLARIFICATIONS REQUESTED BY THE BOARD ARE INCORPORATED BEFORE THE RETURN IS FILED WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION'S CONFLICT OF INTEREST POLICY IS DISTRIBUTED TO EACH MEMBER OF THE ORGANIZATION'S GOVERNING BODY AND ITS OFFICERS ON AN ANNUAL BASIS. EACH SUCH INDIVIDUAL PROVIDES AN ANNUAL DISCLOSURE STATEMENT INDICATING THAT THEY HAVE RECEIVED, READ, UNDERSTOOD, AND AGREED TO COMPLY WITH THE POLICY, CERTIFYING THAT: (1) THEY HAVE NO RELATIONSHIPS OR INTEREST THAT PRESENT A CONFLICT OF INTEREST, (2) THEY HAVE ONE OR MORE CONFLICTS OF INTEREST THAT HAVE BEEN FULLY DISCLOSED AS REQUIRED BY THE POLICY AND HAVE BEEN PROPERLY ADMINISTERED IN CONFORMITY WITH THE POLICY, OR (3) THEY HAVE PREVIOUSLY UNDISCLOSED CONFLICTS OF INTEREST AND DISCLOSING THE DETAILS OF SUCH CONFLICTS. ANY DISCLOSURE STATEMENTS WITH PREVIOUSLY UNDISCLOSED CONFLICTS OF INTEREST ARE FORWARDED TO APPROPRIATE ORGANIZATION OFFICIALS TO TAKE APPROPRIATE ACTIONS AS REQUIRED BY THE POLICY. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION PROVIDES, UPON REQUEST, COPIES OF ITS ARTICLES OF INCORPORATION, BYLAWS, CONFLICT OF INTEREST POLICY, AND ITS FINANCIAL STATEMENTS. FORM 990, PART XII, FINANCIAL STATEMENTS AND REPORTING AUDITED FINANCIAL STATEMENTS - PALMER FOUNDATION IS INCLUDED IN THE CONSOLIDATED AUDITED FINANCIAL STATEMENTS OF ARNOLD & WINNIE PALMER FOUNDATION, ARNIE'S ARMY CHARITABLE FOUNDATION, AND LATROBE COUNTRY CLUB, INC. THE AUDIT WAS CONDUCTED FOR THE YEAR 10/1/24 TO 9/30/25 . THE FINANCIAL STATEMENTS ARE AUDITED BY AN INDEPENDENT ACCOUNTANT AND THE BOARD OF PALMER FOUNDATION ASSUMES RESPONSIBILITY FOR THE OVERSIGHT OF THE AUDIT AND THE SELECTION OF THE INDEPENDENT ACCOUNTANT. SCH O, FORM 990 ADDITIONAL DISCLOSURE: ARNOLD & WINNIE PALMER FOUNDATION, INC. OWN ALL OUTSTANDING SHARES OF THE COMMON STOCK OF LATROBE COUNTRY CLUB, INC.. THE 990 DOES NOT INCLUDE THE OPERATIONS OF LATROBE COUNTRY CLUB, INC., INSTEAD, THE INCOME HAS BEEN REPORTED ON FORM 990-T. LEGENDS PROPERTY LLC 9000 BAY HILL BOULEVARD ORLANDO FL 32819 873970419 HOLDING ENTITY PA 27108 5433955 ARNOLD & WINNIE PALMER FOUNDATION INC ARNIE'S ARMY CHARITABLE FOUNDATION INC 9000 BAY HILL BOULEVARD ORLANDO FL 32819 813305976 TO SUPPORT ARNOLD & WINNIE PALMER FOUNDATION, INC. FL 501(C)(3) LINE 12B, II ARNOLD & WINNIE PALMER FOUNDATION INC 1 LATROBE COUNTRY CLUB INC 346 ARNOLD PALMER DRIVE LATROBE PA 15650 900305935 RECREATION/COUNTRY CLUB PA ARNOLD & WINNIE PALMER FOUNDATION INC S -129329 1611539 1.00000 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 LATROBE COUNTRY CLUB INC M 84886 CASH