Charity

Presidents Cup generates $2.8 million for charity

PONTE VEDRA BEACH, Fla. -- The 2003 Presidents Cup generated $2.8 million in proceeds to be distributed to charities around the world. This brings the total contributed over the first five playings of The Presidents Cup to $10.05 million.

The 2003 Presidents Cup was played in October at The Links Course at Fancourt Hotel and Country Club Estates in George, South Africa. The United States and International Teams agreed to share the trophy at the matches ended in a 17-17 deadlock. The sudden-death playoff between the United States' Tiger Woods and Ernie Els of the International Team went three holes before the teams agreed to share the Cup.

"The 2003 Presidents Cup exemplified what this event is all about in terms of competition and sportsmanship," said PGA TOUR Commissioner Tim Finchem. "But, more importantly, it continued its most important mission, benefiting worldwide charities.

"It is especially rewarding because these are the charities that are most important to our players and are personally designated by them."

Unique in that players do not play for a purse, each Presidents Cup participant designates his portion of the tournament's proceeds to worthwhile causes worldwide.

Net proceeds from The Presidents Cup were divided equaling among the 28 players, Captains and Captain's Assistants. Contributions were distributed to more than 75 different charities in seven countries -- Australia, Canada, Germany, Korea, South Africa, United Kingdom and the United States.

The recipients were as far ranging as charities devoted to medical research, shelters for the abused and homeless, child welfare, hospices, care for the elderly, schools, churches, hospitals, libraries, the environment, junior golf and more.

STANDINGS
Results		Points
	US TEAM	19.5
	INTERNATIONAL TEAM	14.5
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