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Golf contributes $3 billion to charity annually

A report commissioned by GOLF 20/20, the golf industry’s initiative to grow the game over the next 20 years, reveals that golf, as a fundraising vehicle, is a catalyst for raising more than $3 billion for charity each year in the United States.

The study was conducted by the National Golf Foundation, and involved interviews with more than 1,000 golf facilities. Once detailed information was collected from the facilities, follow-up interviews were conducted with more than 400 charities. An Executive Summary of the report was made available on Thursday to the attendees at the GOLF 20/20 Annual Conference in St. Augustine and will be available in its entirety in early December on www.golf2020.com.

The report concludes that about 140,000 fundraising golf events are held in the United States each year, with more than 15,000,000 participants. The revenue generated for charity from these events exceeds $2.9 billion. In addition, golf facilities across the country provide discounted fees, services and staff time for these events that collectively amount to nearly $250 million. And the total raised by professional golf events in 2001 was estimated at $75 million.

"We expected the number to be significant, but this result is truly remarkable," said Ruffin Beckwith, Executive Director of GOLF 20/20. "I think it’s safe to say that no other sport, perhaps no other activity, impacts as many people in the U.S. through contributions to charity as does the game of golf."

GOLF 20/20 is an initiative of the World Golf Foundation, a not-for-profit that also oversees the World Golf Hall of Fame, The First Tee, and the National Minority Golf Foundation. It receives support from individuals, associations, and corporations, both in the United States and abroad.


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