Pga Tour Inc

“Charles l. Zink, mark j. Wilson, edward l. Moorhouse, davis love iii, timothy w. Finchem, victor f. Ganzi, derek a. Sprague - business relationship”

“Charles l. Zink, mark j. Wilson, edward l. Moorhouse, leonard d. Brown jr., joseph w. Monahan, ronald e. Price, davis love iii, timothy w. Finchem, victor f. Ganzi, derek a. Sprague - business relationship”

“Charles l. Zink, edward l. Moorhouse, leonard d. Brown jr., joseph w. Monahan, ronald e. Price, timothy w. Finchem, - business relationship”

“Timothy w. Finchem, ronald e. Price, leonard d. Brown jr.”

“Charles l. Zink, edward l. Moorhouse, leonard d. Brown jr., joseph w. Monahan, ronald e. Price, thomas e. Wade, timothy w. Finchem, victor f. Ganzi - business relationship”

“Charles l. Zink, edward l. Moorhouse, ronald e. Price, timothy w. Finchem - business relationship”

“Charles l. Zink, edward l. Moorhouse, ronald e. Price, thomas e. Wade, timothy w. Finchem - business relationship”

“Pga tour, inc. Is a not-for-profit corporation organization formed under irc 501(c)(6) which has one class of members - professional golfers. The members have the right to elect player directors who sit on the board of directors of the organization. Currently, four members sit on the board of directors as elected by the majority of the organizations' members. Only the elected member directors have the right to vote in decisions of the governing body.”

“The members described in question 6 of form 990, part vi have the right to elect player directors who sit on the board of directors of the organization. Currently, four members sit on the board of directors as elected by the majority of the organization members. Only the elected member directors have the right to vote in decisions of the governing body. The earnings of the player directors from participation in various golf tournaments have been reported as compensation on part vii a and schedule j as director compensation as directed in the irs form 990 intructions.”

“Pga tour, inc.'s form 990 was reviewed by pga tour, inc.'s chief financial officer. Additionally, an electronic copy of form 990 was provided to all board members prior to the filing of the form with the internal revenue service.”

“Pga tour, inc. Maintains a conflict of interest policy for employees and a seperate conflict of interest policy for the members of the board of directors. Each employee and member of the board is annually required to provide the company a statement confirming they received a copy of the policy, read the policy, and agreed to comply with the policy. Each employee and director are required annually to disclose any relationship, transaction, or position they hold that could give rise to a conflict and to notify the organization if such a relationship exists at any time during the year.”

“The compensation committee ("the committee") of the pga tour, inc. ("the tour") is comprised of uncompensated independent members of the pga tour policy board. The committee is responsible for reviewing and approving the compensation program for the ceo, senior management, and key employees of the tour and its subsidiaries. The members of the committee are unrelated to and not subject to control by members of senior management of the tour. The committee establishes salary levels, reviews performance of senior management, approves incentive payments and establishes management benefits and prerequisites. The committee believes the attraction, retention, motivation and reward of executive and key employees is vital to the future of the tour and creation of maximum member value. As part of carrying out its responsibilities, the committee utilizes the services of a national compensation consulting firm to obtain compensation levels paid by similarly situated organizations, both taxable and tax-exempt, for functionally comparable positions. Performance evaluations are utilized in the determination of the compensation levels of individual members of senior management.”

“The organization makes its form 990 available to the public upon request. Its governing documents and financial statements are not made available to the general public.”

“Reports information required to be reported on schedule o as supplemental information:”

“Charles l. Zink, ronald e. Price, timothy w. Finchem - business relationship”

“THE AMOUNT OF FEDERAL INCOME TAX ON UNRELATED BUSINESS INCOME INCLUDED ON LINE 24e IS $1,576,089.”

“Reconciliation of net assets - other changes in fund balance increase (decrease) funds reserved for designated purposes $6,471,634 change in fair value hedging instruments 750,278 pension and post retirement related changes 5,558,141 current period adjustment 489,300 total other changes in fund balance $13,269,353”

“Description:player prize and other benefit total fees:xxx-xx-xxxx”

“Description:consulting fees total fees:15559466”

“Description:player retirement total fees:39758975”

“Description:other fees - tournament svc total fees:3906541”

“Description:tournament staff total fees:1260027”