Augusta National Charitable Contributions

By: Augusta National news release
By: Augusta National news release

June 1, 2009
Just weeks after presenting the Green Jacket to 2009 Masters Champion Angel Cabrera – one of the greatest traditions in sports – Billy Payne, Chairman of Augusta National Golf Club and the Masters Tournament, continued another Masters practice today by announcing the Tournament’s charitable contributions.

In total, more than $3.4 million will be distributed as a result of the 2009 Masters. In the past 12 years, the Masters has now contributed more than $39 million to deserving local charities and the game of golf.

“It has always been, and will continue to be, a priority of Augusta National and the Masters to give back to the game and the local Augusta community,” Payne said. “In these difficult times, this obligation is more important than ever as we strive to positively affect the lives of people around the world.”

The Community Foundation for the CSRA will receive a $1.5 million gift. Included in this gift is the first $500,000 installment of a $3 million pledge to the Salvation Army’s Augusta-area Kroc Center. A share of the total gift also includes $250,000 earmarked for charities selected by Augusta National’s employees. To date, The Community Foundation for the CSRA has received more than $15 million in contributions from the Masters.

As a Founding Partner of The First Tee, the Masters continues to support this national youth development program with a $1 million gift, having provided more than $12 million to the organization since 1998.

In addition, the Masters helps financially support The First Tee of Augusta and the major golf organizations around the world.


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