Who Owns East Lake Golf Club? (A Complete Guide)

East Lake Golf Club: A History of Ownership

East Lake Golf Club is one of the most iconic golf courses in the world, and its ownership history is just as fascinating as its storied past. The club was founded in 1898 by a group of Atlanta businessmen, and it quickly became a popular destination for both golfers and social elites. In 1922, the club hosted the first-ever Masters Tournament, which has been held there every year since except for 1942 and 1943 due to World War II.

Over the years, East Lake Golf Club has been owned by a variety of different individuals and organizations. In 1961, it was purchased by Coca-Cola magnate Robert Woodruff, who donated it to the city of Atlanta in 1971. The club remained under city ownership until 2006, when it was purchased by businessman Tom Cousins. Cousins invested heavily in the club, making significant improvements to the course and facilities.

In 2017, Cousins sold East Lake Golf Club to the United States Golf Association (USGA). The USGA plans to continue to operate the club as a public course and to host the Masters Tournament there for many years to come.

This article will explore the history of East Lake Golf Club’s ownership, from its founding in 1898 to the present day. We will discuss the club’s role in the development of Atlanta’s golf scene, its impact on the Masters Tournament, and its future under USGA ownership.

Who Owns East Lake Golf Club?	Entity	Ownership Percentage
Majority Owner	AIG	90%
Minority Owner	Fuqua Development	10%

History of East Lake Golf Club

East Lake Golf Club is a private golf club located in Atlanta, Georgia. The club was founded in 1898 by a group of Atlanta businessmen, and it was originally named the Atlanta Golf Club. The club moved to its current location in 1904, and it was renamed East Lake Golf Club in 1913.

The club has hosted a number of major golf tournaments, including the 1994 and 2018 Masters Tournaments. It is also home to the Bobby Jones Golf Course, which was designed by Jones and opened in 1937.

Who Owns East Lake Golf Club?

East Lake Golf Club is owned by the East Lake Foundation, a nonprofit organization that was founded in 1994. The foundation’s mission is to “improve the lives of Atlantans through the power of golf.” The foundation has invested more than $200 million in East Lake Golf Club and the surrounding community.

East Lake Golf Club Today

East Lake Golf Club is a world-renowned golf course that is home to the annual Masters Tournament. The club is also a major asset to the East Lake community, and it has helped to revitalize the area. The foundation has invested in a number of community programs, including after-school programs, job training programs, and affordable housing. East Lake Golf Club is a shining example of how golf can be used to improve the lives of people in urban communities.

East Lake Golf Club is a unique and special place. It is a world-class golf course that is also a major asset to the East Lake community. The club is a testament to the power of golf to improve lives.

3. Ownership of East Lake Golf Club

East Lake Golf Club is owned by the City of Atlanta. The club is leased to the Atlanta Athletic Club, which operates the club.

The club was originally built in 1898 by George A. Crump, a prominent Atlanta businessman. The course was designed by Donald Ross and opened for play in 1904. In 1914, the club was purchased by the City of Atlanta.

In 1934, the club hosted the first Masters Tournament. The tournament was won by Horton Smith. The Masters has been played at East Lake Golf Club every year since 1934, except for 1942 and 1943, when the tournament was canceled due to World War II.

In 1961, the club was leased to the Atlanta Athletic Club. The Atlanta Athletic Club has operated the club ever since.

4. Facilities at East Lake Golf Club

East Lake Golf Club has a par-72 course that measures 7,475 yards from the back tees. The course is open to the public for a fee.

The club has a practice facility, a pro shop, and a restaurant. The practice facility includes a driving range, a putting green, and a chipping green. The pro shop sells golf equipment, clothing, and accessories. The restaurant serves breakfast, lunch, and dinner.

East Lake Golf Club is a premier golf course in Atlanta. The course is challenging and beautiful, and it is a great place to play golf. The club also has a number of amenities, including a practice facility, a pro shop, and a restaurant.

Q: Who owns East Lake Golf Club?

A: East Lake Golf Club is owned by the City of Atlanta.

Q: When did the City of Atlanta purchase East Lake Golf Club?

A: The City of Atlanta purchased East Lake Golf Club in 2003.

Q: What was the purpose of the City of Atlanta purchasing East Lake Golf Club?

A: The City of Atlanta purchased East Lake Golf Club in order to preserve the historic course and to make it accessible to the public.

Q: What is the current status of East Lake Golf Club?

A: East Lake Golf Club is open to the public and is a popular destination for golfers of all levels. The course is also home to the PGA Tour’s Tour Championship, which is held each year in September.

Q: What are some of the benefits of the City of Atlanta owning East Lake Golf Club?

A: The City of Atlanta owning East Lake Golf Club has a number of benefits, including:

• The course is preserved for future generations.
• The course is accessible to the public at a reasonable price.
• The course hosts a major golf tournament each year, which brings economic benefits to the city.

Q: What are some of the challenges of the City of Atlanta owning East Lake Golf Club?

A: The City of Atlanta owning East Lake Golf Club also has a number of challenges, including:

• The cost of maintaining the course is high.
• The course is not always profitable.
• The course can be a source of conflict between the city and the surrounding community.

Q: What is the future of East Lake Golf Club?

A: The future of East Lake Golf Club is uncertain. The city has been considering a number of options for the course, including selling it, leasing it, or continuing to operate it as a public course. The city is likely to make a decision about the future of the course in the coming years.

East Lake Golf Club is a private golf course in Atlanta, Georgia, that is owned by the PGA Tour. The club was founded in 1904 and has hosted the PGA Championship four times, most recently in 2018. It is also the home of the Tour Championship, the final event of the PGA Tour season. East Lake is a challenging course that measures 7,474 yards from the back tees and features a variety of holes, including a par-3 island green on the 17th hole. The club is a popular destination for golfers of all skill levels and is a must-play for any fan of the PGA Tour.