Former PGA Tour commissioner Tim Finchem and his wife have donated $13 million to help launch a new charity strategy for the tour. This was reported by Qazaqyia.kz citing Associated Press.
On Monday, the tour announced plans for PGA Tour Charities ahead of the season-ending Tour Championship, which has a $40 million purse and awards $10 million to the winner.
The PGA Tour plans to build its charity strategy around national campaigns with a more local impact. Additionally, the tour is prepared to make up any difference, if needed, to maintain charity levels from tournaments that move down to the Challenger Series in the 2028 schedule.
"This next chapter is about generating even more focus, coordination, resources and visibility," said Laura Neal, executive vice president of PGA Tour Strategic Philanthropy. "Launching an evolved PGA Tour Charities — with a legacy-defining, transformative gift from the Finchems — is an exciting next step in golf's enduring commitment to giving back."
The PGA Tour has long been the charitable leader in sports, with its tournaments generating more than $4.4 billion, starting with a $10,000 donation at the 1938 Palm Beach Invitational. Each tournament operates independently, and that doesn't change.
PGA Tour Charities will launch and fund national priority campaigns around themes such as health, youth, access and service. The idea is to connect with tournaments on a broader scale when their missions align, which the tour hopes can attract new resources and raise visibility.