Golf Course Management

JUL 2015

Golf Course Management magazine is dedicated to advancing the golf course superintendent profession and helping GCSAA members achieve career success.

Issue link: http://gcmdigital.gcsaa.org/i/532236

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2014 2013 Total Assets $8,347,000 $8,183,000 Total Funding Sources Individual contributions $130,000 $114,000 Facility & chapter contributions 50,000 51,000 Industry contributions 355,000 115,000 Scholarships & grants 140,000 130,000 Silent auction 95,000 93,000 Rounds 4 Research 210,000 211,000 Major gifts and pledge payments 132,000 133,000 Endowment withdrawal 353,000 298,000 Total $1,465,000 $1,145,000 Total Program and Supporting Expenditures Applied scientific research programs $308,000 $246,000 Environmental programs 230,000 225,000 Education programs 188,000 166,000 Advocacy programs 255,000 115,000 Scholarship programs 197,000 198,000 Fundraising expenses 180,000 172,000 Program management expenses 35,000 24,000 $1,393,000 $1,146,000 The information contained in the Audit Report for the period ending 12/31/14 fairly presents, in all material respects, the financial condition and results of operations of the Environmental Institute for Golf. Cameron E. Oury, Chief Financial Officer. The financial statements for the Environmental Institute for Golf were audited by an independent certified public accounting firm. The full text of the audit reports, financial statements and related notes are available at www.eifg.org, or by contacting GCSAA Member Solutions at 800-472-7878. Environmental Institute for Golf As of December 31, 2014 and 2013 AFR-5

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