cart fees, lunch and/or dinner, on-course beverages and gifts that can range from a golf shirt or hat to a golf … The price you charge people to participate in the tournament depends on how much the golf course is charging you per person for a game of 18 holes plus food. Tournaments Augusta National members: 10 things to know about the membership behind the Masters Whatever the volume of your events – a few friends or associates gathered from all over the world – planning a charitable golf tournament is much more than going to the local course, gathering a few prizes and gifts and wishing for a successful venture. But usually you have a volunteer committee instead. Otherwise, talk with your local golf course and get detailed information from them. Title sponsors generally pay between $8 million and $13 million (events televised only on the Golf Channel pay less and a handful of sponsors pay much more). The following steps will help you run a golf tournament … Generally, the tournament fees should cover the cost of the golf itself, sometimes with a little money left over as profit. Depending on the golf course, number of participants, food, beverages and prizes provided, it will cost anywhere from $35 to $150 per player. An original membership stake in Augusta cost $350, which is still less than $5,000 in today’s dollars. The entry fee for each tournament includes green fees, cart, and … ... "No! It is important you learn how to run a golf tournament effectively from the very beginning. Work closely with the golf course for your tournament planning, especially if you have never been in charge of a golf event. As a tournament gets larger, so does the cost and there is a reverse bell curve between number of attendees and cost for additional amenities, with the bottom cost at around 12 to 16 teams. If you had a full-time staff, you could probably pull together a golf tournament in a couple of months. https://perfectgolfevent.com/sample-event-budget-for-a-fundraising-golf-event Typically, first time tournament organizers attempt to throw together a tournament in a few months, which makes the process a lot more stressful. A golf tournament is a great way to host corporate clients or as a fundraising event. There are consultants that plan golf tournaments for you if you want to contract with them. https://golf.com/news/features/cost-conducting-tour-events-without-fans All VGA State Directors automatically advance to their region's Regional Championship in response to their volunteer efforts throughout the season/year coordinating and hosting their state's tournaments. The cost for competing in a VGA Regional Championship is $199 and includes the greens fees and cart fees for 36 holes of competitive golf. If you’re a first time tournament host, you'll quickly learn that there is a lot of work involved with hosting and planning a golf tournament. The entry fee is usually tax-deductible and upon request, a tournament will supply documentation for tax purposes. Good luck. Entry fees will include the cost of playing the golf course. The cost of each tournament varies throughout the country, currently ranging from $65 to $250, depending on the local market.