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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Organizations Education The Club Foundation

The Club Foundation

Fiscal year ending 2024. Filed on August 1, 2025.

1733 King Street
135
Alexandria, Virginia 22314

The Club Foundation (EIN: 52-1642692) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2024 IRS Form 990 filing, The Club Foundation, a 501(c)(3) charitable organization, reported compensation for 2 employees. Among the employees shown here, the average compensation is $484,594. The highest compensated employee at The Club Foundation is Jeffrey D Morgan Fasae, Cae with fiscal year 2024 compensation of $706,857.

Revenue, expenses, and employee compensation

Revenue

$639,679

Expenses

$557,966

Employee compensation

$0
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Jeffrey D Morgan Fasae, Cae
President
$706,857
$0 $628,768 $78,089
Jason Tate
Chief Financial Officer
$262,331
$0 $234,945 $27,386

Benchmark Employee Compensation

Non-Employee Board Members

Adam Harris
Director
Blaine Burgess, Ccm, Cce
Director
Cheikhou Diagne
Director
Fred Palmer Jr
Director
Janine Budzius, Ccm, Cce
Director
Joe Mendez, Ccm, Cce
Director
Joe Oswald
Director
Kelly Williams, Ccm
Director
Luann Giovannelli Ccm Cam
Vice Chair
Michael Seabrook, Ccm, Cce
Director
Nicholas J Larocca
Chair
Randy Ruder, Ccm, Cce
Secretary

Contractors

Club Management Association of America
Management
$120,000

Mission Statement

THE CLUB FOUNDATION WAS FORMED FOR CHARITABLE AND EDUCATIONAL PURPOSES TO FOSTER INTELLECTUAL EXCELLENCE IN THE FIELD OF CLUB MANAGEMENT. THIS PURPOSE IS ACHIEVED BY AWARDING SCHOLARSHIPS OR RESEARCH GRANTS TO INDIVIDUALS AND BY MAKING GIFTS OR CONTRIBUTIONS. THE FOUNDATION'S MISSION IS TO SUPPORT THE ADVANCEMENT OF THE CLUB MANAGEMENT PROFESSION THROUGH FUNDING OF EDUCATIONAL AND TRAINING OPPORTUNITIES FOR CLUB MANAGERS AND STUDENTS AND TO SERVE AS A VEHICLE TO COORDINATE AND DISSEMINATE INFORMATION OF MUTUAL INTEREST TO PRIVATE CLUBS, RESTAURANTS, HOTELS AND OTHER SECTORS OF THE GOLF, AND HOSPITALITY INDUSTRIES.

Revisions to this organization profile

August 1, 2025:
2024 The Club Foundation 990 filed
September 10, 2024:
2023 The Club Foundation 990 filed
July 25, 2023:
2022 The Club Foundation 990 filed

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