Making A Diff erence

A Year in G R H e 5 v i 1 e 0 w 2 2015 HGA Year in Review

CHAIRMAN OF THE BOARD’S MESSAGE Accomplishments of this organization never cease to amaze. Our volunteers and staff continue to forge ahead with new tasks. Th e only thing that changes in our mission to help make a diff erence in our community through golf promotion is that we strive do more. Undertaking the restoration and operation of Gus Wortham Park Golf Course is a perfect example of our organization’s quest to do more for the community. As you read this we are still raising funds for this project. We share pride with our title sponsor Shell Oil Company in the fact the tournament and HGA’s other golf-related activities generated a community impact fi gure of $2.316 million. Th at elevated HGA’s cumulative giving to more than $64.3 million since 1974. More than $60 million of that has come since Shell became our title sponsor in 1992. Tom Forestier Chairman of the Board Th e First Tee® of Greater Houston continues to hold its Houston Golf Association place as the leader in participant outreach in a worldwide network of 180-plus chapters. Programming reached more than 260,000 youngsters last year. Our HGA Academic Scholarship Program, established in 1996, surpassed $1.12 million by awarding seven $20,000 grants-in-aid. We are also very proud of our ongoing Shell benefi ciaries – Chinquapin Preparatory School, Cenikor Foundation, Inc., and Project Joy and Hope. All of these organizations provide much-needed services in our community.

PRESIDENT’S MESSAGE Th is is the 10th edition of HGA Year in Review and the 2015 booklet features a fi nancial report. Published rstfi in 2006, this printed piece is our eff ort to share the organization’s progress. Our current stakeholders com- prise a diverse group – Shell Houston Open sponsors and volunteers, members of Th e First Tee ® of Greater Houston and their families, HGA Junior Golfers, as well as those involved in our HGA Academic Scholarship Program. We continue adding new groups to that list. In 2014 we were excited about assuming operation of city- owned F.M. Law Park. Th at excitement continues because we are now assuming operation and restoration of Gus Wortham Park Golf Course. With help from a large group of supporters, plans call for the oldest continually operating golf course in Texas to be renovated for the enjoyment of Steve Timms golfers throughout the city. We urge you to review what President/CEO transpired in 2015. Houston Golf Association

- 2 - TABLE OF CONTENTS Message from the Chairman of the Board and President ...... 2 Houston Golf Association ...... 4-5 2015 Shell Houston Open ...... 6-7 Houston Golf Association Youth Programs ...... 8-9 2015 Accomplishments of Th e First Tee® of Greater Houston...... 10-11 National School Program and other projects ...... 12-13 HGA Junior Golf ...... 14-15 HGA Amateur Golf ...... 16-17 Academic Scholarship Program exceeds $1 million mark ...... 18-20 2015 HGA Financial Report ...... 20-21 HGA Board of Directors ...... 22-23

SIn one of the most noteworthy accomplishments in its almost 70-year history, Houston Golf Association successfully spearheaded a move to assume operation of historic Gus Wortham Golf Course and to restore the facility with a new clubhouse and other amenities. ON THE COVER Clockwise from left: More than 360 fourth graders involved in The First Tee® of Greater Houston in-school program participated in the skills contest known as the Champions Challenge, held the Saturday before the Shell Houston Open. Jamonte Strawder graduated from Chinquapin Preparatory School in 2015 and is now attending Carleton College in Minnesota. Kasarn Jeradechachai earned an HGA Academic Scholarship and entered Princeton University. During her treatment for a rare form of leukemia Serenity Saenz and her mother resided at Project Joy and Hope’s Tulip Project. Serenity’s cancer is now in remission and she and her mother are living in their former neighborhood. Photography: - 3 - Houston Golf Association

Organization broadens its outreach with new projects

he year 2015 will go down in history as one fi lled with major milestones for our organization. TIn January City Council unanimously voted to enter in a public-private partnership between the City of Houston and Houston Golf Association, provided HGA met the fundraising goal to restore the historic Gus Wortham Park Golf Course. In December the City of Houston announced that HGA had reached its fi rst milestone by generating $5 million toward the restoration project. Per its agreement with City Council, the 107-year-old property would be ceded to HGA after a mutually agreed upon transition period. Recognized as the oldest continually operating 18-hole course in Texas, some believe the Gus Wortham Park Golf Course also holds the distinction of being the oldest continually operating course west of the Mississippi. Th e Master Plan for the restoration calls for approximately $15 million in improvements. Th e Gus Wortham Park Golf Course Restoration Committee continues to be hard at work to raise the additional $10 million by Dec. 31, 2017. Renovation of the classic golf course could begin as early as the fall of 2016. Th e new clubhouse complex is scheduled to be constructed by Dec. 31, 2019. Th e Gus Wortham Park Golf Course is now the second city-owned property operated by HGA. In 2014 our organization assumed operation of F.M. Law Park, a 102-acre facility that includes a 9-hole golf course and learning center overseen by Th e First Tee® of Greater Houston (related story, PGs 10-13). Our chapter continues to boast the largest participant outreach in Th e First Tee’s worldwide network of more than 180. • Th e First Tee® of Greater Houston delivered its curricula to 249,752 youngsters in physical education classes at 357 schools. • Ongoing programming in 2015 at green grass facilities in Humble, Hockley, Missouri City, plus Gus Wortham and Sharpstown courses in Houston, reached 1,800-plus participants. • After school and outreach programs, off ered at YMCAs, Boys and Girls Clubs and at Houston Parks and Recreation sites, reached nearly 12,000 additional participants. Of course, the Shell Houston Open (related story, PGs 6-7) continued to be the driving force behind HGA’s community service programs. Shell Oil Company and HGA offi cials announced in November a community impact dollar fi gure of $2,316,623, generated by the tournament and HGA’s other golf-related programs. All of those funds had been put to use in the Houston area through contributions made to more than 250 charitable organizations. Since Shell became title sponsor of the PGA TOUR event in 1992, the Shell Houston Open has raised more than $60.6 million for local causes. Funds are generated annually by net proceeds from tournament revenue, direct contributions through the Charity Partners sponsorship program, and monetary pledges to the Birdies for Charity program.

John Semander won the Earl William “Bill” Tanner won the Bob Awe won the Terry Russ Elliott HGA Member of the HGA New Member of the Year Shell Houston Open Service Year Award. Award. Award.

-4 - -5 - - 4 - SShell Oil Company president Marvin Odum, left, and Houston Golf Association president Steve Timms, right, with representatives of some of the benefi ciaries at the Celebration of Giving Luncheon in November. Front row from left Project Joy and Hope’s Dr. Jan Wheeler and Shelley Fuller, The First Tee® of Greater Houston members Isabella Saenz and Ariana Saenz, Chinquapin Preparatory School’s Marilu Garza and Dr. Laura Henry. Back row, from left, Cenikor Foundation, Inc.’s Eugene Hall and Nora Belcher.

THouston Golf Association members and others volunteered their time to help administer both the Greater Houston Men’s Amateur and the Senior Men’s Amateur at Memorial Park. HGA members worked more than 570 hours spread over six days of competition. Many of these members also donated time to The First Tee® of Greater Houston and the HGA Junior Golf program.

Th e tournament’s ongoing benefi ciaries are Chinquapin Prep School (since 1979), Cenikor Foundation, Inc. (since 1996) and Project Joy and Hope (2014). HGA’s Academic Scholarship Program also reached a milestone in 2015, surpassing the million- dollar mark by awarding seven scholarships totaling $140,000 (related story PGs 19-20). Members John and Nancy Semander were recognized for providing the Semander Family Grant to our HGA Academic Scholarship Program. Th e runner-up in the selection process for the Randy Arnaud scholarship will now receive a one-time grant of $2,500. Stan Curtis presented two checks from the proceeds of his baseball book. Th e donations benefi ted Th e First Tee ® of Greater Houston and the Gus Wortham Park Golf Course Restoration Project. In June Larry Green and Mike Yeager were elected to serve a second three-year term on the HGA Board of Directors.

-4 - -5 - 2015 Shell Houston Open

Yet another playoff provides more SHO drama Th e victory had to be especially sweet for Holmes, who sat on the clubhouse lead for over two hours. In 2009 Holmes had an almost identical situation, a long wait for a playoff , which Englishman Paul Casey won. In its week-before-the- date, the Shell Houston Open continues to attract a stellar player fi eld. Th e Golf Club of Houston Tournament Course, which emulates Augusta National-like fast and fi rm playing conditions, has proven to be a hit with the players. For instance, made his eight consecutive start in the Shell Houston Open. Loyalty from standout players like Phil Mickelson has helped the Shell Houston Open attract top Th e SHO eldfi boasted: players. Mickelson made his eighth consecutive SHO start in 2015. • 71 competitors who qualifi ed for the FedExCup Playoff s xciting fi nishes and the Shell Houston Open • 62 competitors who qualifi ed for the PGA Econtinued to be synonymous in 2015 with Championship yet another playoff . For a second consecutive • 42 competitors who qualifi ed for the year, the winner came from six strokes off the British Open pace on Sunday. After 72 holes wunderkind • 45 competitors who qualifi ed for the , long-hitting J.B. Holmes and U.S. Open 2008 champion Johnson Wagner all fi nished deadlocked at 16-under-par 272. Each pulled • 34 competitors who qualifi ed for the off some fourth-round heroics to gain a spot in Masters the playoff , the fourth extra-hole fi nish on the Tournament Course since 2006. In 2015 a total of 47 international players from 22 diff erent countries (excluding the USA) It was the 23rd Shell Houston Open playoff , teed it up at our event, including most of any tournament with the exception of (Sweden), Angel Cabrera (Argentina), Darren the U.S. Open. Clarke (Northern Ireland), Jamie Donaldson (), Victor Dubuisson (France), Ernie In the end it was the long-hitting Holmes who Els (South Africa), Sergio Garcia (Spain), prevailed in the playoff . Spieth was eliminated Padraig Harrington (Ireland), Mikko Ilonen on the fi rst hole, making a bogey. His tee shot (Finland), Martin Kaymer (Germany), Joost missed the fairway, fl irting with the water on Luiten (Netherlands), Louis Oosthuizen the left. His approach out of an awkward stance (South Africa), Justin Rose (England), Charl found a greenside bunker on the back right. He Schwartzel (South Africa), Lee Westwood failed to get up-and-down while Holmes and (England) and Danny Willet (England). Th e 18 Wagner each parred. USA players already in the Masters included: Keegan Bradley, Erik Compton, Ben Crane, Playing No. 18 again, Wagner hit the fairway Rickie Fowler, Bill Haas, Brian Harman, Russell with his tee shot as did Holmes. Both placed Henley, Charlie Hoff man, J. B. Holmes, Matt their second shots on the putting surface, Kuchar, Hunter Mahan, Phil Mickelson, Ryan Holmes only 11-feet away, setting up more Moore, Patrick Reed, Jordan Spieth, Robert drama. Wagner’s aggressive 45-foot birdie putt Streb, Kevin Streelman and Cameron Tringale. from the front of the green zipped 5-feet past the cup. Holmes just missed his birdie putt and A total of 16 international competitors and 18 tapped in for par. Wagner’s comeback-putt did U.S. competitors would travel on to Augusta not fall and Holmes entered the winner’s circle. National and the Masters the next week.

- 6 - Surrounded by youngsters representing the ongoing benefi ting charities J. B. Holmes is all smiles after accepting the winner’s trophy at the 2015 Shell Houston Open.

A large gallery took the opportunity to get up close to Dallas native Jordan Spieth, who came up just short in a three-way playoff with eventual winner J.B. Holmes and Johnson Wagner.

Our strong fi eld also boasted 14 former major championship winners, who accounted for 24 titles. Five had captured multiple majors: Argentina’s Angel Cabrera (2007 U.S. Open at Oakmont, ), South Africa’s Ernie Els (1994 U.S. Open at Oakmont, 1997 U.S. Open at Congressional, 2002 British Open at Muirfi eld, 2012 British Open at Royal Lytham and St. Annes), Ireland’s Padraig Harrington (2008 British Open at Royal Birkdale, 2007 British Open at Carnoustie, 2008 PGA Championship at Oakland Hills), Germany’s Martin Kaymer (2010 PGA Championship at Whistling Straits, 2014 U.S. Open at Pinehurst) and Phil Mickelson (2013 British Open (Muirfi eld), 2010 Masters, 2005 PGA Championship (Baltusrol Golf Club), ). Other major championship winners who competed: Keegan Bradley (2011 PGA Championship at Atlanta Athletic Club), newly named European Ryder Cup captain Darren Clarke (2011 British Open at Royal St. George’s), Stewart Cink (2009 British Open at Turnberry), Lucas Glover (2009 U.S. Open at Bethpage State Park), Justin Leonard (1997 British Open at Royal Troon), South African Louis Oosthuizen (2010 British Open at St. Andrews), Justin Rose of England (2013 U.S. Open at Merion Golf Club), Charl Schwartzl of South Africa () and David Toms (2001 PGA Championship at Atlanta Athletic Club). And by the way, Spieth won the Masters the next week and would go on to claim the U.S. Open in June.

- 7 - HGA Youth Programs

Education and character development key focus outh development and education are two of practice focuses on board, CEO/COO Ythe strongest markers in our organization’s positions. A member of ShadowHawk Golf DNA. Houston Golf Association’s Youth Club, she served as General Chair of the 2005 Programs have signifi cantly impacted USGA Women’s Mid-Amateur. She formerly thousands of youngsters over the years and served on the Houston Golf Association Board 2015 was no diff erent. as an independent director.

HGA’s Youth Development Programming Dr. Norman Berkman, is Board Certifi ed includes: in internal medicine and is a leader in the Memorial Hermann Medical Group. He is • Th e First Tee® of Greater Houston Life also a Clinical Assistant Professor of Internal Skills Experience being taught at green Medicine at Baylor College of Medicine and the grass facilities, plus new outreach and University of Texas Medical School. In 2002 he after school programs founded the Father’s Day Parent-Child Charity • Th e First Tee® of Greater Houston Golf Tournament, which has raised nearly $1.5 National School Program, which million for Th e First Tee® of Greater Houston increased to 357 schools from 310 at F.M. Law Park and youth scholarships.

• Th e Houston Golf Association Junior Lynn Elsenhans, former chairman and Golf Program (est. 1957), which Chief Executive Offi cer of Sunoco and Sunoco off ered moderately priced competitive Logistics. She also held executive positions opportunities at more than 50 courses with Shell Oil Company for 28 years and was and clubs a former board member of the World Golf • Th e Houston Golf Association Academic Foundation and Trustee of Th e First Tee®. She Scholarship Program (est. 1996), which currently serves on fi ve boards, including Rice awarded seven four-year scholarships University and Texas Medical Center. and boosted the cumulative total to more than $1.12 million in grants Steve Miller, current chairman and president of SLM Discovery Ventures, Inc. His company City of Houston-owned F.M. Law Park pursues commercial ventures in support of fl ourished under management by the HGA. volunteerism, social outreach and higher Operated by HGA since August of 2014, education academic achievement. He also was the 9-hole course and learning center has on the board of the World Golf Foundation expanded programming by Th e First Tee® of and a Trustee of Th e First Tee® during a career Greater Houston. with Shell Oil Company.

Th e DRIVE after school program was initiated Larry Shryock, Senior Vice President and at 50-plus sites in partnership with YMCAs, Chief Operating Offi cer of W.S. Farish & Boys and Girls Clubs, the City of Houston Company, a private trust company. Previously Parks, and others. with JPMorgan Chase Bank for 29 years, he has served on boards of Humble ISD, Th e Lone While Th e First Tee® of Greater Houston has Star Community College System, Metropolitan its own 501c (3) designation, it will still get Houston YMCA, the University of St. Th omas fi nancial support from the Houston Golf and South Texas School of Law. Association and the Shell Houston Open. Gerald Smith, current Chairman/CEO HGA member Pat Weston chairs the board. of Smith Graham & Co., an investment Ben Bates, HGA’s leading fund-raiser the last management fi rm with offi ces in Houston and several years, is also on the board. Th e First New York City. He also serves on the Board Tee® of Greater Houston Board of Directors of Directors for the Federal Reserve Bank can now focus on fund-raising to continue of Dallas – Houston Branch. He currently the chapter’s spiraling growth. Other board serves as Chair of the Texas Southern members include: University Foundation and Chairman of the Transportation Advisory Committee for the Mary Bass, a partner with the executive Greater Houston Partnership. search fi rm SpencerStuart whose search

- 8 - SA group of 340 fourth-graders, the best of the best from hundreds of schools, participated in the 2015 Champions Challenge, presented by Children’s Memorial Hermann Hospital. The popular skills test was held the Saturday prior to the Shell Houston Open at the David Shindeldecker Campus of The First Tee® of Greater Houston, which is adjacent to the Golf Club of Houston where the annual PGA TOUR event is played.The event has become so popular that competition was divided into a morning and afternoon sessions to better accommodate the number of participants.

Respect Courtesy Perseverance

Integrity Judgment Responsibility

9 Honesty Sportsmanship Confi dence CORE VALUES

Physical Emotional Social

Energy Vision Friends 9 Play Mind School HEALTHY HABITS Safety Family Community

HGA Academic Scholarships HGA Junior Golf The First Tee® of Greater Houston

- 9 - Expansion and Accomplishments

Chapter relishes role as leader in participant outreach ustaining the chapter’s spiraling growth in Powell Award for the outstanding male leader. S2015 was Executive Director Doug Earle’s Th e First Tee® of Greater Houston alum Marlon mission. However, Th e First Tee® of Greater Chapman Jr., also won that award in 2009. Houston’s Board of Directors (See PG 8) also wanted to ensure that the program delivered a Miriam Dumes, 17, of Fresno and Nikita Patel, quality experience for all concerned. And that is 15, of Houston represented the chapter at the where the chapter excelled in 2015. national Life Skills and Leadership Academy in Blaine, MN. Program coordinator Patrick Th e volunteers and sponsors recruited by Earle Kisomanga of our F.M. Law Park facility and and his staff were more than pleased at both Chapman, who continues to volunteer, joined expansion and accomplishments of individual them as coaches. members. Dumes has been a member of Th e First Tee® In 2015 Th e First Tee® Life Skills experience of Greater Houston since 2004 while Patel reached more than a quarter million young has been a member since 2008. Each summer people: selected participants of Th e First Tee® attend the Life Skills and Leadership Academy where • 249,752 in the in-school program they play championship golf, participate in (See PG 12) life skills activities and career exploration, • 1,800-plus at green grass facilities experience dorm living and meet a wide variety • 12,000 after school and outreach programs of young people from around the world. Programming is ongoing at green grass facilities at F. M. Law Park in southeast Th e First Tee® of Greater Houston alum Houston, Gus Wortham Park Golf Course in Annika Clark of Highlands, who completed her east Houston, Sharpstown Golf Course in freshman year at Texas Christian University, southwest Houston, River Plantation in south won the 94th WTGA State Amateur in Waco. Montgomery County, Quail Valley Golf Course in Fort Bend County, the Th e First Tee® of Members Tori Gatling of Kingwood, Jessica Greater Houston’s David Shindeldecker campus Rogina of Houston and Nickolas Martinez of in Humble and the Houston Oaks campus in Cypress, all age 17, were paired with Champions Hockley. TOUR players in Th e First Tee Nature Valley Open at Pebble Beach and Poppy Hills, a in National recognition and accomplishments by this nationally televised event (Golf Channel). members abounded in 2015. Gatling was paired with Tom Perniece Jr., Rogina with Esteban Toledo and Martinez with Ariana Saenz, 16, of Porter qualifi ed for 2003 Shell Houston Open winner Fred Couples. the second annual Drive, Chip and Putt Championship conducted at Augusta National Martinez and Couples, who posted rounds the Sunday before the Masters. Ariana was also of 69-63-64, fi nished second in the team profi led in a segment on Th e Golf Channel prior competition at 19-under-par. Rogina had a to the event. Only 80 players, representing perfect view of Toledo’s march to the individual 30 U.S. state and three Canadian provinces, title. Toledo shot 71-66-69 for a 9-under-par qualifi ed for the event. 206 total, one stroke better than Tom Watson. Rogina and Toledo fi nished tied for 10th in the Saenz then won the Girls Division of Th e First team competition. Tee’s inaugural Par-3 Championship a 36-hole event in Richmond, VA. She capped 2015 Th e First Tee® of Greater Houston Ace Level by being the grand prize winner of the RBS participant Tristen Taylor, 17, was one of Achiever of the Year Award in Ponte Vedra, FL. fi ve participants nationwide to attend the Coca-Cola America’s Future opportunity in Nickolas Martinez, 17, of Cypress represented Atlanta, GA. the chapter at the PLAYer Advanced Academy in Reno, NV. One of only 24 participants in Eagle level member Carmen Phu, 16, was the worldwide network selected to attend selected to attend the Auntie Anne’s Leaders this academy, Nickolas received the Robert C. and Entrepreneurs Forum in Orlando, FL.

- 10 - SThe year 2015 was remarkable for Ariana Saenz and her father Jesus. Earning a place in the second annual Drive, Chip and Putt Championship conducted at Augusta National the Sunday before the Masters was very special. Only 80 youngsters qualifi ed for the event. Capturing the Girls Division title in the inaugural Par-3 National Championship of The First Tee in Richmond, VA put her in the spotlight even more. Closing out the year by being grand prize winner of the RBS Achiever of the Year Award in Ponte Vedra, FL highlighted a spectacular 12 months.

TGrand Pro-Am day at the Shell Houston Open was yet another special activity for The First Tee® of Greater Houston members, who served as honorary caddies on the par-3 16th hole. Members Sariah- Skyy Centers, left, and Graeme Foster got to meet PGA TOUR players like Jordan Spieth, who would go on to win both the Masters and U.S. Open. Spieth went on to become No. 1 in the World Golf Rankings and then claim the FedExCup championship.

- 11 - National School Program

Reached nearly 250,000 students in 357 schools in 2015 he First Tee® of Greater Houston partnership they can apply every day. Th e Nine Core Values™ Twith educators throughout the region of Respect, Integrity, Honesty, Courtesy, continued on an upswing in 2015. Our chapter Judgment, Sportsmanship, Perseverance, delivered programming to 249,752 students Responsibility and Confi dence are instilled in in 357 elementary schools, both public and students. private. Th at is an increase of 47 schools over the previous year. Th e Nine Healthy Habits™ (See PG 9) are also taught to help participants make appropriate By witnessing fi rsthand the positive results choices regarding activity and nutrition. of the program, administrators and teachers alike shared unbridled enthusiasm for One of the many highlights of the National Th e First Tee® and its Life Skills Program. School Program is the Champions Challenge, Houston Golf Association’s Board of Directors which has become so popular it now features continued to give its steadfast support to this two waves of competition. Th e ninth annual impactful undertaking. Financial support from event attracted 340-plus fourth-graders on corporations as well as individuals has enabled the Saturday before Shell Houston Open week. our organization to underwrite the cost of A special skills contest, held at the David certifi cation classes for the physical education Shindeldecker Campus of Th e First Tee® of teachers who deliver the program at each school. Greater Houston, radiates excitement because it is adjacent to the Golf Club of Houston Th e program is more than simply learning about Tournament Course where the annual PGA a new game. Students are also learning life skills TOUR event is played. School Districts Districts where The First Tee Life Skills Curricula was delivered in 2015 Aldine ISD Kennedy Elementary Conroe ISD Holbrook Elementary Anderson Academy Klentzman Intermediate Anderson Elementary Holmsley Elementary Bussey Elementary Landis Elementary Austin Elementary Horne Elementary Caraway Intermediate Liestman Elementary B.B. Rice Elementary Jowell Elementary Carmichael Elementary Mahanay Elementary Coulson Tough Elementary Keith Elementary Carrol Elementary Martin Elementary Creighton Elementary Kirk Elementary Carter Academy Mata Intermediate Ford Elementary Lamkin Elementary Dunn Elementary Miller Intermediate Giesinger Elementary Lee Elementary Eckert Intermediate Outley Elementary Hailey Elementary Lieder Elementary Gray Elementary Owens Intermediate Houser Elementary Lowery Elementary Harris Academy Petrosky Elementary Jean E. Stewart Elementary M. Robinson Elementary Hill Intermediate Rees Elementary Milam Elementary Matzke Elementary Houston Academy Smith Elementary O.A. Reaves Elementary McFee Elementary Johnson Elementary Sneed Elementary Oak Ridge Elementary Metcalf Elementary Jones Elementary Youens Elementary Patterson Elementary Millsap Elementary Kenneth D. Black Elementary Youngblood Intermediate Powell Elementary Moore Elementary Kujawa Elementary Runyan Elementary Owens Elementary Magrill Elementary Clear Creek ISD Sally K. Ride Elementary Pope Elementary Marcella Intermediate Armand Bayou Elementary Sam Houston Elementary Post Elementary Mendel Elementary Bauerschlag Elementary San Jacinto Elementary Postma Elementary Odom Elementary Bay Elementary Snyder Elementary Reed Elementary Oleson Elementary Brookwood Elementary Wilkinson Elementary Rennell Elementary Orange Grove Elementary Clear Lake City Elementary Sampson Elementary Parker Intermediate Ed White Elementary Cypress-Fairbanks ISD Sheridan Elementary Raymond Academy Falcon Pass Elementary A. Robinson Elementary Swenke Elementary Sammons Elementary Ferguson Elementary Adam Elementary T.S. Hancock Elementary Smith Academy Gilmore Elementary Andre’ Elementary Tipps Elementary Stehlik Intermediate Goforth Elementary Ault Elementary Walker Elementary Stephens Elementary Greene Elementary Bane Elementary Warner Elementary Hall Elementary Bang Elementary Willbern Elementary Alief ISD Hyde Elementary Birkes Elementary Wilson Elementary Alexander Elementary Landolt Elementary Black Elementary Yeager Elementary Best Elementary League City Elementary Copeland Elementary Boone Elementary McWhirter Elementary Danish Elementary Dickinson ISD Budewig Intermediate North Pointe Elementary Duryea Elementary Bay Colony Elementary Bush Elementary Ralph Parr Elementary Emery Elementary Caulder Road Elementary Chambers Elementary Robinson Elementary Emmott Elementary Hughes Road Elementary Chancellor Elementary Ross Elementary Farney Elementary Kenneth E. Little Elementary Collins Elementary Sandra Mossman Elementary Fiest Elementary San Leon Elementary Cummings Elementary Stewart Elementary Francone Elementary Silbernagel Elementary Hearne Elementary Ward Elementary Frazier Elementary Hefl in Elementary Weber Elementary Gleason Elementary Fort Bend ISD Hicks Elementary Wedgewood Elementary Hairgrove Elementary Arizona Fleming Elementary Holmquist Elementary Whitcomb Elementary Hamilton Elementary Brazos Bend Elementary Horn Elementary Hemmenway Elementary Colony Bend Elementary

- 12 - The First Tee® of Greater Houston added 47 elementary schools to the in school program in 2015 and the spiraling growth will continue. As of January 2016 Executive Director Doug Earle already has more than 70 schools ready to come on board.

Colony Meadows Elementary Gregg Elementary Shadow Forest Elementary Beneke Elementary Cornerstone Elementary Harris JR Elementary Summerwood Elementary Burchett Elementary Glover Elementary Harvard Elementary Timbers Elementary Carolee Booker Elementary Heritage Rose Elementary Highland Heights Elementary Whispering Pines Elementary Clark Intermediate Juan Seguin Elementary Hines-Caldwell Elementary Willow Creek Elementary Clark Primary Lakeview Elementary James H. Law Elementary Woodland Hills Elementary Cooper Elementary Lantern Lane Elementary Kandy Stripe Academy Eickenroht Elementary Lexington Creek Elementary Kate Bell Elementary KIPP Gloria Marshall Elementary Oakland Elementary Ketelsen Elementary Connect Heritage Elementary Pecan Grove Elementary L.L. Pugh Elementary Dream Hirsch Elementary Palmer Elementary Lovett Elementary Explore Hoyland Elementary Quail Valley Elementary Mading Elementary Legacy Jenkins Elementary Ridgegate Elementary McNamara Elementary Peace Lewis Elementary Ridgemont Elementary Mitchell Elementary Sharp Link Elementary Settlers Way Elementary Montgomery Elementary Shine Major Elementary Shiff Elementary Parker Elementary Zenith McNabb Elementary Sienna Crossing Elementary Raul C. Martinez Elementary Pasadena ISD Meyer Elementary Sugar Mill Elementary Red Elementary Melillo Middle School Northgate Crossing Elementary Walter Burton Elementary River Oaks Elementary Ponderosa Elementary School at St. George Place Pearland ISD Reynolds Elementary Galena Park ISD Elementary Alexander Middle School Salyers Elementary Cimarron Elementary Sherman Elementary Cockrell Elementary Smith Elementary Cloverleaf Elementary Sinclair Elementary Harris Elementary Th ompson Elementary Galena Park Elementary Southmayd Elementary Lawhon Elementary Winship Elementary Green Valley Elementary Th urgood Marshall Elementary Havard Elementary Tinsley Elementary Private Schools Staff ord ISD Jacinto City Elementary Warton Academy ABC West Staff ord Elementary MacArthur Elementary West University Elementary Th e Shlenker School Normandy Crossing Th e Woodlands Methodist School Texas City ISD Whittier Elementary Heights Elementary North Shore Elementary Woodson Elementary Trinity Lutheran Purple Sage Elementary Kohfeldt Elementary Young Women’s College Sheldon ISD Levi Fry Elementary Pyburn Elementary Preparatory Academy Sam Houston Elementary H M Carroll Elementary Northside Elementary Tice Elementary Humble ISD Garrett Elementary Roosevelt Wilson Elementary Williamson Elementary Atascocita Springs Elementary L E Monahan Elementary Woodland Acres Elementary Bear Branch Elementary Royalwood Elementary Waller ISD Deerwood Elementary Sheldon Early Childhood Fields Store Elementary Houston ISD Eagle Springs Elementary Academy H T Jones Elementary Alcott Elementary Elm Grove Elementary Sheldon Elementary I T Holleman Elementary Atherton Elementary Fall Creek Elementary Roberts Road Elementary B.H. Grimes Spring Branch ISD Turlington Elementary Foster Elementary Cedar Brook Elementary Barrick Elementary Greentree Elementary Benbrook Elementary Edgewood Elementary Willis ISD Hidden Hollow Elementary Frostwood Elementary Blackshear Elementary Humble Elementary Cannan Elementary Briarmeadow ES-MS Houseman Elementary C. C. Hardy Elementary Jack M Fields Sr Elementary Knottingham Elementary Briscoe Elementary Lakeland Elementary Meador Elementary Brookline Elementary Pine Shadows Elementary Turner Elementary Lakeshore Elementary Spring Branch Elementary Condit Elementary Maplebrook Elementary Parmley Elementary Crockett Elementary Terrace Elementary North Belt Elementary Th ornwood Elementary Cunningham Elementary Oak Forest Elementary Davila Elementary Westwood Elementary Oaks Elementary Wilchester Elementary E.A. Lyons Elementary Park Lakes Elementary Emerson Elementary Pine Forest Elementary Spring ISD Foerster Elementary Ridge Creek Elementary Anderson Elementary Gary L. Herod Elementary River Pines Elementary Bammel Elementary

- 13 - Tournament Series

Aff ordability, quality competition sets HGA program apart ouston Golf Association Greater Houston Area. In 2015 more than 500 youngsters Hcontinues its stewardship took advantage of playing opportunities at 50-plus of the game at the junior level, courses and clubs, who help support this program. something it has been doing since 1957. Its moderately priced Th e Performance Series (for more advanced players) competitive tournament program and the Junior Series (a pathway to the Performance allows youngsters to compete on Series) gave competitors an opportunity to compete with some of the best courses in the others of similar skill levels. Both series have age 15-18 and age 12-14 divisions for boys and girls. Performance Series competition off ered two-day 36-hole events along with the City Junior Match Play Championship and Tournament of Champions. Junior Series featured one- day 18-hole competition.

Th e Texas Junior Golf Alliance, formed by the HGA, Southern and Northern Texas PGA Sections, plus the Texas Golf Association continued to give juniors opportunities to qualify for both the statewide Texas Legends Tour as well as selected American Junior Golf Association national events. William Weinheimer, 17, won the Boys Division of the Greater Houston Th e Shell Houston Open Junior Championship, played City Junior Match Play Championship. over Labor Day on the site of the PGA TOUR event, continued to attract outstanding competitors from across the state as well as one from Mexico. Th is 54-hole championship boasted a fi eld from 38 diff erent cities.

Shaui Ming Wong, 15, of Th e Woodlands established a Shell Houston Open Junior Championship scoring record, fi ring 74-66-65 for an 11-under-par 206 total and record 12-shot victory over defending champion Adam House of McKinney and Jake Benanti of McKinney. Kenzie Wright, 18, of McKinney shot 73-69-71 for a 3-under-par 213 total, good for a 7-shot victory in the Girls Division.

Ava Schweinteck, 16, won the Girls Many HGA members often volunteered their time over Division of the Greater Houston City the summer to help the Junior Golf Staff conduct the Junior Match Play Championship. full slate of tournaments. Th e competition peaked at the Tournament of Champions, a proving ground for the best of the best. At the Performance Series Tournament of Champions played in August at Houston Oaks Golf Club, William Weinheimer, 17, of Houston won the Boys 15-18 Division. He shot 68-69 for a 5-under- par 137 total, to edge Logan Pate, 17, of Richmond by a stroke. Pate shot 72-66. Jessica Rogina, 17, of Houston won the Girls 15-18 Division by four strokes, shooting 77-73—150. Nikolas Nebout, 14, of League City won the Boys 12-14 by shooting 72-78—150. Katie Shepherd, 14, shot 96- 89—185 to take the Girls 12-14 title.

At the Junior Series Tournament of Champions played in August at Houston Oaks Golf Club, Sean Kinsey, 17, of Pearland won the Boys 15-18 Division. He shot 77-75—152 to beat Bryce Shaner. 18, of Sugar Land by a shot. Kari Th orn, 18, of La Porte shot 88-91—179 to take the Girls 15-18 Division title. Douglas Derichenbourg, 14, of Houston shot 82-75—157 to win the Boys 12-14 Division by a stroke over Heliao Man, 13, of Houston, who carded 80-78—158. Danielle Talley, 14, of Houston won the Girls 12-14 Division, shooting 100-90—190 for a 4-shot victory.

- 14 - Shuai Ming Wong, 15, of The Woodlands (left) posted a record 12-shot victory in the Boys Division and Kenzie Wright, 18, of McKinney won the Girls Division by 7 shots at the Shell Houston Open Junior Championship played in September at the Golf Club of Houston Tournament Course. The 54- hole championship, contested on the site of the Shell Houston Open PGA TOUR event, attracted juniors from 38 diff erent cities across the state.

HGA Junior Golf Players of the Year

PERFORMANCE SERIES Boys 15-18: Niko Martinez, 17, Cypress. Girls 15-18: Jessica Rogina, 17, Houston. Boys 12-14: Tyler Quinn, 13, New Caney. Girls 12-14: Katie Shepherd, 14, Katy and Elizabeth Patrick, 13, West University Place.

JUNIOR SERIES Boys 15-18: Preston Bufkin, 16, Conroe. Girls 15-18: Bree Mask, 16, Montgomery. Boys 12-14: Douglas Derichebourg, 14, Houston. Girls 12-14: Danielle Talley, 14, Houston.

- 15 - City Championships

HGA serious about being steward of the game n early October Matt Van Zandt of Houston Iwon the 2015 Greater Houston Men’s Amateur Championship at Memorial Park Golf Course by 2 shots over defending champion John Hunter. Van Zandt, 29, who played out of Memorial Park, carded rounds of 69-72-70-71 for a 2-under-par 282 total. Hunter shot 72-69-72-71 for even-par 284. Th e Top 10 fi nishers received exemptions into the 2016 tournament. Besides Van Zandt the exempt players were: John Hunter, David Lee, Pryce Beshoory, Jess Bonneau, Andrew Menton, Devaughn Robinson, Cole Hammer, Scott Waltrip and Randy Lance. Field was cut to the low 44 scorers and ties after Saturday play. Championship concluded on Sunday with a 36-hole fi nale. Th e starting fi eld of 144 represented 56 diff erent courses and came from all over the area. Cities Mike Booker took the senior division for the second time in 3 years and the number of players represented: Houston (75), Spring (9), Th e Woodlands (9), Kingwood (7), Montgomery (6), Richmond (5), Humble (4), Katy (4), Sugar Land (4), Bellaire (3), League City (3), Missouri City (3), Fulshear (2), Cleveland (1), Conroe (1), Crosby (1), Cypress (1), Deer Park (1), Friendswood (1), LaPorte (1), Pearland (1), Texas City (1) and Weston Lakes (1). Average age of a contestant was 34.9 years. Oldest competitor was David Pocknall, 62, of Katy. Youngest competitors were 15 year-olds Grayson Blunt of Kingwood, David Tietz of Houston and Shai Ming Wong of Th e Woodlands. Field Breakdown by age: 60-plus (4), 50-plus (17), 40-plus (32), 30-plus (36), 20-plus (38), Teen-agers (17). A week later the Senior Men’s Amateur for players 55-and-up took center stage and a familiar name again claimed the starring role. Mike Booker of Th e Woodlands shot 72-66-69 for a 9-under-par 207 total to win the this championship for the second time in three years. Booker was three shots clear of Marshall Piper of Cypress, who shot 69-70-71. Gary Durbin fi nished third with rounds of 74-69-70—213, a stroke better than fi rst-round leader Bob Kearney, who carded 68-73-73. Steve Schiamara, 71, of Pasadena shot 72 for a 145 total to win the 36-hole Super Senior Division for golfers 65-and-up. Wayne Harris, Robert W. Smith and David Kelley tied for second with a 147 total. Steve Schiamara of Pasadena won the Super Booker, the 2015 Texas Golf Association Senior Senior Division Player of the Year, has now won six HGA titles – two Senior championships, plus four regular city amateur titles (1985, 1990, 2001, 2002).

- 16 - SMatt Van Zandt, 2015 amateur champion, embraces Houston Golf Association member John Semander, at the victory ceremony. Semander had watched Van Zandt compete in junior, high school and college tournaments.

TUtilizing his home course knowledge, Matt Van Zandt, 29, who played out of Memorial Park, carded rounds of 69-72-70-71 for a 2-under-par 282 total. That was good enough for a 2-stroke win over defending champion John Hunter, who shot 72-69-72-71 for even-par 284.

- 17 - Academic Scholarships

Program surpasses $1.12 million mark in 2015

he Houston Golf Association Academic Finance offices of the respective schools TScholarship Program reached another chosen by the recipients will receive $2,500 milestone in 2015, cracking the million-dollar per semester to be applied to tuition, books, mark in cumulative grants-in-aid since 1996. lab fees, etc. Each student must take a minimum The $1.12 million figure underscores HGA’s of 12 credit hours each semester and maintain a commitment to education. 2.5 or equivalent cumulative grade-point average. The seventh scholarship added in 2015 was The previous HGA scholarship program ran in honor of the late Mike Dorman, longtime from 1953-1973 when more than 50 academic HGA board member. The law firm Locke Lord scholarships were awarded. LLP, where Dorman was a partner, generously funded this scholarship. HGA member Mark Miller was instrumental in making this happen. Nearly 200 students applied in 2015. Seven scholarship recipients were introduced during a reception following the fundraising pro-am on the Member Course at the Golf Club of Houston during Shell Houston Open week. The seven scholarships have a total value of $140,000, or $20,000 per student spread over four years. Funding comes from activities supported by the Houston Golf Association, plus support from our title sponsor Shell Oil Company. Since 2010 up to two “technical studies” scholarships have been awarded to students who plan to major in geosciences or engineering. Up to three “general discipline” grants can be awarded. One academic scholarship has been designated to be awarded to an applicant who played in a junior golf program, including, but not limited to the HGA Junior Golf Program. That grant is the Randy Arnaud Memorial Scholarship named in honor of the late HGA Academic Scholarship chair, John Armour (right), volunteer who spent countless hours assisting introduces Kasarn Jeradechachai, who was young people. accepted to Princeton University to study Chemical / Biological Engineering.

HGA Academic Kimberly Scholarship Class Cross Accepted at Texs A&M University for of 2015 Nutritional Science Andrea Kasarn Gonzalez Jeradechachai Accepted at The University of Texas at Accepted at Princeton University for Austin majoring in International Studies Chemical/Biological Engineering

- 18 - Since the HGA Academic Scholarship program was re-born in 1996, a total of 39 recipients have earned their undergraduate degrees from 21 diff erent colleges or universities. Six more are scheduled to graduate in the spring of 2016. HGA RECIPIENTS ALSO ON SCHOLARSHIP 2014 ...... Isaiah Carter of Houston, TX (Duke University, Neuroscience/Biochemical Engineering) 2014 ...... Hailey Hollas of Richmond, TX (University of Texas-Dallas, Business Administration) 2014 ...... Tony Ly of Pasadena, TX (University of Texas-Austin, Chemical Engineering) 2014 ...... Atiyya Menifee of Houston, TX (University of Texas-Dallas, Mathematics) 2014 ...... Martha Parra of Spring, TX (Rice University, Biology) 2014 ...... Jacqueline Phung of Richmond, TX (University of Texas-Austin, Biology) 2013 ...... Lucas Bazemore of Houston, TX (Texas A&M University) 2013 ...... Zachary Bell of Richmond, TX (University of Texas-Dallas) 2013 ...... Melissa Gerhart of Baytown, TX (University of Texas-Austin) 2013 ...... Sirena Gutierrez of Baytown, TX (University of Texas-Austin) 2013 ...... Syndie Hinshaw-Medina of Houston, TX (University of Texas-Austin) 2013 ...... Fernando Trujano of Houston, TX (Massachusetts Institute of Technology) 2012 ...... Varun Bora of Katy, TX (University of Texas-Austin) 2012 ...... Michael Charron of Spring, TX (University of Texas-Austin) 2012 ...... Michael Duncan of Richmond, TX (University of Texas-Austin) 2012 ...... Annalissa Garcia* of La Porte, TX (Texas A&M University) 2012 ...... Kristen Pownell of Sugar Land, TX (Stanford University) 2012 ...... Jonathan Viernes of Galveston, TX (University of Texas-Austin) HGA SCHOLARSHIP GRADUATES Th e following HGA Academic Scholarship recipients have earned their degrees: 1996-2000...... Ryan Devido, Arizona State University; Jacob Doering, Texas A&M University 1997-2001...... Christopher Miller, Texas State University; Michael Nicholson, Louisiana State University 1998-2002...... Tammy Baughman, University of Texas at Arlington 1999-2003...... Joseph Dufresne, University of Texas at Austin; Allison Outlaw, McNeese State University 2000-2004...... Amy Friesleben, Stephen F. Austin State University; Michael Pezant, Texas A&M University 2001-2005...... Joanna Jemison, Texas A&M University; Brian Salazar, University of North Carolina 2002-2006...... Lauren Barbir, Notre Dame University; Timothy Lenz, Texas Lutheran University 2003-2007...... Nick Milosevich, University of Texas at Austin; Katie Saalfeld, Texas A&M University 2004-2008.....Jordan Byers, University of Texas at Austin; Christopher Kiniry, Southern Methodist University 2005-2009...... Christopher Johnson, Texas A&M University; Jason Petitt, University of Texas at Austin 2006-2010...... Camille Doykan, Wellesley College; Devin O’Rourke, University of Texas; Stefanie Avilez, Texas A&M University 2007-2011...... Paul Gonzales, University of Texas; Lisa Zampello,Trinity University 2008-2012...... Katie Craig, Texas A&M University; Frank Bohn, Louisiana State University 2009-2013.....Joey Rippel, University of Texas-Tyler; Timothy Jenks, Massachusetts Institute of Technology 2010-2014..... Wen Chong, Texas Women’s University; Rayven Moore, Notre Dame; Vanessa Rivera, Cornell University; Christopher Cargill, University of Texas-Austin; Alejandra Europa Casanueva, Texas A&M University; Austin Sarabia*, Ouachita Baptist University 2011-2015...... Linda Okoli, Baylor University; Jaclyn Nguyen, University of Texas-Austin; Lewin Staine, University of Texas-Austin; Kathleen Wahl, Dartmouth; Chad Cooper, Texas A&M University

Alfredo Demme Dominguez Durrett Will attend Columbia University and Pending acceptance of Barnard College major in Earth and Environmental of Columbia University majoring in Engineering Political Science Gwynn Ashton Madison Radvansky Pending acceptance to University Accepted at Bucknell University of Texas at Austin for International majoring in Finance and will also play Relations collegiate golf - 19 - Independent Auditor’s Report

To the Board of Directors of the Houston Golf Association

e have audited the accompanying consolidated financial statements of Houston Golf Association and its Wsubsidiary (the “Association”), which comprise the consolidated statements of financial position as of September 30, 2015 and 2014, and the related consolidated statements of activities, of changes in net assets and of cash flows for the years then ended. Management’s Responsibility for the Consolidated Financial Statements Management is responsible for the preparation and fair presentation of the consolidated financial statements in accordance with accounting principles generally accepted in the United States of America; this includes the design, implementation, and maintenance of internal control relevant to the preparation and fair presentation of consolidated financial statements that are free from material misstatement, whether due to fraud or error. Auditor’s Responsibility Our responsibility is to express an opinion on the consolidated financial statements based on our audits. We conducted our audits in accordance with auditing standards generally accepted in the United States of America. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the consolidated financial statements are free from material misstatement. An audit involves performing procedures to obtain audit evidence about the amounts and disclosures in the consolidated financial statements. The procedures selected depend on our judgment, including the assessment of the risks of material misstatement of the consolidated financial statements, whether due to fraud or error. In making those risk assessments, we consider internal control relevant to the Association’s preparation and fair presentation of the consolidated financial statements in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the Association’s internal control. Accordingly, we express no such opinion. An audit also includes evaluating the appropriateness of accounting policies used and the reasonableness of significant accounting estimates made by management, as well as evaluating the overall presentation of the consolidated financial statements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our audit opinion. Opinion In our opinion, the consolidated financial statements referred to above present fairly, in all material respects, the financial position of Houston Golf Association and its subsidiary as of September 30, 2015 and 2014, and the results of their operations and their cash flows for the years then ended in accordance with accounting principles generally accepted in the United States of America.

January 14, 2016 PricewaterhouseCoopers LLP, 1000 Louisiana Street, Suite 5800, Houston, TX 77002 T: (713) 356 4000, F: (713) 356 4717, www.pwc.com/us Consolidated Statements of Financial Position Assets 2015 2014 Current assets Cash and cash equivalents $4,158,739 $4,256,498 Cash held for others 151,637 159,137 Investment securities 2,239,572 2,172,357 Receivables, net of allowance for doubtful accounts of $2,650 and $2,650, respectively 279,867 51,120 Inventory 60,114 83,364 Deferred expenses and other assets 103,762 112,737 Total current assets 6,993,691 6,835,213 Noncurrent Assets Investment securities 1,425,996 977,913 Property and equipment 4,615,387 4,552,924 Less: Accumulated depreciation (4,189,408) (3,984,268) Total property, plant and equipment, net 425,979 568,656 Total assets $8,845,666 $8,381,782 Liabilities and Net Assets Current liabilities Accounts payable and other accrued expenses $536,004 $474,639 Deferred revenues 2,200,136 2,146,378 Total current liabilities 2,736,140 2,621,017 Temporarily restricted net assets 1,504,562 1,111,448 Unrestricted net assets 4,604,964 4,649,317 Total net assets 6,109,526 5,760,765 Total liabilities and net assets $8,845,666 $8,381,782

- 20 - Consolidated Statements of Activities Changes in unrestricted net assets 2015 2014 Amounts raised from the Shell Houston Open tournament activities $15,191,232 $15,376,665 Less: Amounts raised on behalf of other charitable organizations (338,561) (576,915) Less: Donor designations for Houston Golf Association Programs (438,518) (418,971) Net tournament revenues 14,414,153 14,380,779 Tournament expenses Shell Houston Open tournament (12,522,039) (12,345,071) General and administrative (1,325,509) (1,155,160) Total tournament expenses (13,847,548) (13,500,231) Change in unrestricted net assets from tournament activities 566,605 880,548 Other income and support Junior Golf revenues 213,483 277,463 Amateur Services revenues 85,032 99,335 Haverstock Hills project 868 1,638 Interest and dividend income 32,652 21,854 Net assets released from restrictions 1,050,974 863,066 Total other income and support 1,383,009 1,263,356 Program expenses Junior Golf (301,245) (336,706) College Scholarships (102,500) (110,000) Amateur Services (62,215) (56,461) Haverstock Hills project (868) (1,638) Th e First Tee of Greater Houston (922,319) (728,814) Birdies for Charity (16,627) (16,487) Total program expenses (1,405,774) (1,250,106) General and administrative expenses (291,825) (246,996) Gus Wortham Capital Campaign expenses (161,276) - Charitable contributions (135,092) (162,890) Changes in unrestricted net assets (44,353) 483,912 Changes in temporarily restricted net assets Contributions for College Scholarships 173,751 181,577 Contributions for Th e First Tee of Greater Houston 1,115,934 872,253 Contributions for Gus Wortham Capital Campaign 152,332 Interest and dividend income 2,071 1,969 Net assets released from restrictions (1,050,974) (863,066) Changes in temporarily restricted net assets 393,114 192,733 Change in net assets $348,761 $676,645

Significant Notes to the financial statements Note 6: On January 28, 2015, the HGA entered into a Lease and Operating Agreement with the City of Houston for the purpose of operating and restoring the Gus Wortham Park Golf Course. The agreement provides for an initial fundraising effort by the HGA to secure pledges and donations or incur campaign costs equal to $5 million by December 31, 2015. Subject to the acceptance of HGA’s initial fundraising by the City of Houston’s Chief Development Officer, the initial thirty (30) year term of the agreement shall commence and the HGA shall become responsible for the operations of the golf course. On December 31, 2015 the HGA provided notice to the City of Houston that it had successfully completed the initial fundraising effort. On the same date, the Mayor of the City of Houston notified the HGA of its agreement that the initial fundraising requirement had been fulfilled. The HGA has a sixty (60) day transition period that commenced on January 1, 2016 for taking over operating responsibility of the Gus Wortham Park Golf Course. Additionally, the agreement provides that the HGA will have substantially completed renovation of the golf course and driving range by December 31, 2017, and substantially completed restoration of the club house and other improvements by late 2019. The total costs for the renovation and restoration are estimated to be $10 million to $15 million. The HGA’s adherence to the renovation and restoration deadlines provided in the agreement will be dependent on the timing and success of its continuing fundraising efforts. Note 11: Based upon annual operating results, the Board of Directors of the HGA designates funds to be donated to various charitable organizations on behalf of the HGA. The HGA also considers the cost of funding its Junior Golf, College Scholarships, Amateur Events, The First Tee of Greater Houston, Birdies for Charity and charity tournament programs as charitable activities under its charter. In addition, the HGA receives contributions from organizations through its Charity Partner and Birdies for Charity programs which are designated by donors for other charitable organizations or for programs of the HGA. The HGA reports such amounts raised on behalf of other charitable organizations or designated by donors for programs of the HGA as a fundraising activity of the tournament. For the years ended September 30, 2015 and 2014, donor designations for programs of the HGA were $438,518 and $418,971, respectively, and are accordingly included as temporarily restricted contributions for HGA programs including The First Tee of Greater Houston and College Scholarships in the statements of activities. The total approximate charitable impact made as a result of the HGA’s charitable programs in 2015 and 2014 were $2,313,000 and $2,414,000, respectively.

- 21 - 2015 HGA Board of Directors

ELECTED DIRECTORS Tom Forestier Committees. He chaired the HGA Audit is serving his Committee in 2013. He also serves on the second term as Executive Committee and chairs the Finance Chairman of the Committee. HGA Board of Mike Yeager is Secretary of the HGA Board Directors. He of Directors. He is Sales Manager with Global served as Vice Product Development responsibilities for Chairman of the Process Resources, Inc. Process Resources, HGA Board in Inc. is in the valve manufacturing and valve 2013 and 2014. automation business. He has been with Tom is a share- Process Resources, Inc. for 22 years. He joined holder in the the HGA in 2008 and has served on numerous Houston offi ce committees within the organization, of the law fi rm including the Shell Houston Open cart barn, of Winstead PC. transportation, pro-am and hospitality He is a member committees, as well as the HGA Amateur of the fi rm’s Commercial Litigation and Energy Golf Committee. He currently serves as Vice practice groups. He is the former Managing Chair for Shell Houston Open Hospitality Shareholder of the fi rm’s Houston Offi ce and and Pro-Ams. He also serves on the Executive former chairperson of the fi rm’s Diversity Committee. Committee. He has served as chairman of the Executive Board of Northwest Assistance Jim Brothers served as Chairman of the Ministries and as a Trustee for the Lone Star HGA Board of Directors in 2012 and 2013. He College System. An HGA member since 1997, served as Secretary in 2011-2012. Brothers has Forestier also serves as Chair of the Executive worked in Sales and Marketing for Geophysical Committee. Pursuit, Inc. for the last 24 years and worked in the Oil and Gas industry for 34 years. Brothers Meg Leachman is Vice Chairman of the HGA joined the HGA in 1999 earned the HGA New Board of Directors. She served as the General Member of the Year Award that same year. Chair of the Shell Houston Open in 2013 He was the Co-Recipient of the Terry Russ and 2014. She is Director of Marketing and Shell Houston Open Service Award in 2007. Business Development for SNC-Lavalin, an He previously served as Shell Houston Open international engineering and construction Vice Chairman of Security and Public Safety fi rm, where she has been employed for 19 for the 2009-2011 tournaments. Prior to 2009 years. An HGA volunteer since 2004, she has he served as Chairman of the Distribution served as Vice Chair of Mobility and Spectator Committee for three years. He also serves on Services for the 2010, 2011 and 2012 Shell the Executive Committee. Houston Open tournaments. She was recipient of the 2011 Earl Elliott Member of the Year Larry Green is formerly the Managing Award. She also serves on the Executive Director and Chief of Staff for the Securities Committee. Group of Tudor Pickering Holt & Co. (TPH). Prior to joining TPH he was with Bank of John Armour is Treasurer/Assistant Secretary America and various predecessor banks for of the HGA Board of Directors and serves as 30 years, serving in senior roles in Audit/Risk Chairman of the HGA Finance Committee. He Management and in Private Banking, where formerly served as Chair of the HGA Academic he retired as President of the International Scholarship Program Committee. Currently, Private Bank. He joined the HGA in 2008 he is Chief Executive Offi cer of Elite Care 24 and has served on the ShotLink Committee Hour Emergency Rooms. Previously he served for the Shell Houston Open, the HGA Audit as Chief Financial Offi cer for multiple Houston Committee and the HGA Finance Committee. area hospitals and Market Chief Financial He also serves on the Executive and Audit Offi cer. Active with HGA since 2008, he also Committees. served on Hospitality, Pro-Am and Marshal

- 22 - APPOINTED DIRECTORS David Merritt is General Chairman for the He was the recipient of the HGA 2013 New 2016 Shell Houston Open and held that same Member of the Year Award. He is a member of position in 2015. He has owned a Certifi ed the Audit Committee. Public Accounting fi rm for more than 40 years. He joined the Houston Golf Association in Pat Weston is the liaison between the HGA 2000 and has served as Chair or Co-Chair of Board of Directors and Th e First Tee of Greater numerous tournament hospitality venues. Houston Board of Directors. He serves as board He served as Vice Chair of Hospitality on the chair of Th e First Tee® of Greater Houston. Shell Houston Open Operating Committee in Active with the HGA since 2003, Weston has 2013-2014. He also worked on the Junior Golf previously served as Board Chairman 2009- Committee. David has also served on boards of 2010, Secretary 2006-2008, Treasurer and the Rotary Club and YMCA in Tomball. Chairman of the Finance Committee 2011- 2012, Vice Chair of Tournament Support Michael Sandeen is Chairman of the Junior 2006-2008. Formerly president and CEO of Golf Operating Committee. Active with HGA a transportation company, he retired in 2000 since 2013 he has been heavily involved with but is still Executive Director for World Net both the amateur and junior golf committees. Associates. Weston also serves on the Finance He is a partner in Sandeen & Giblin, an committee. investment and fi nancial consulting fi rm.

INDEPENDENT DIRECTORS Massey Villarreal is CEO and President of in Houston. He also serves as Chairman Precision Task Group, Inc., a Hispanic-owned of the Board for the Northwest Assistance and managed computer-consulting firm Ministries Endowment Fund. He also chairs providing data processing solutions to public the HGA Audit Committee. and private sector firms. Hispanic Business Magazine named Villarreal as one of the one Kirbyjon H. Caldwell is Senior Pastor hundred most influential Hispanics in the of the 16,000-member Windsor Village United States. United Methodist Church in Houston. Pastor Caldwell has spearheaded several Buddy Bolt is the former President and independently operated nonprofits and CEO of Continental Land & Fur Co., Inc., a community development projects that have privately-owned, independent exploration impacted the social and economic landscape and production company headquartered of central Southwest Houston.

SHELL DESIGNATED DIRECTORS Bruce Culpepper represents Shell Oil Company, title sponsor of the Shell Houston Open. He is Executive Vice President Human Resources and Regional Coordination for Shell in the Americas. He has been with Shell for 30-plus years and has held numerous executive positions.

Chris Normyle also represents Shell Oil Company, title sponsor of the Shell Houston Open. He is Manager of Stragic Sponsorships for Shell and is the HGA’s primary contact for the Shell Houston Open. He currently serves on the Board of the World Golf Foundation and Th e First Tee.

- 23 - Houston Golf Association 5810 Wilson Rd, Suite 112 Humble, TX 77396 Offi ce: 281.454.7000 Fax: 281.454.7070 HGAOffi [email protected] www.hga.org www.shellhoustonopen.com

2015 Shell Houston Open Champion JB HOLMES

Making a Diff erence in the Houston Community, and its Youth, through Golf and Charity