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USA Today via Reuters

USA Today via Reuters

After an enthralling Senior PGA Championship showdown at the Harbour Shore Country Club, the PGA Tour Champions golfer returns to play at the Wakonda Club Des Moines in Iowa. The Principal Charity Classic, unlike the traditional PGA Tour Champions tournament, will be played over only three days.

Thus, it will be soon coming to an end, crowning the 2024 winner. What will be the reward for the winner rising on the top among the 78 players’ field? The winner will get $300,000, which is the usual 15% cut from the total prize money. The prize purse is $2 million for the 2024 Principal Charity Classic.

The winner will also get 300,000 points for the season-ending Charles Schwab Cup standings. Will there be any Official World ranking Points at stake? Unfortunately, no. Since the Principal Charity Classic will be played for only 54 holes, the OWGR will not grant any ranking points.

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1st$300,000
2nd$176,000
3rd$144,000
4th$120,000
5th$96,000
6th$80,000
7th$72,000
8th$64,000
9th$56,000
10th$52,000
11th$48,000
12th$44,000
13th$40,000
14th$38,000
15th$36,000
16th$34,000
17th$32,000
18th$30,000
19th$28,200
20th$26,400
21st$24,800
22nd$23,200
23rd$22,000
24th$21,000
25th$20,000
26th$19,000
27th$18,200
28th$17,400
29th$16,600
30th$15,800
31st$15,000
32nd$14,400
33rd$13,800
34th$13,200
35th$12,600
36th$12,000
37th$11,400
38th$11,000
39th$10,600
40th$10,200
41st$9,800
42nd$9,400
43rd$9,000
44th$8,600
45th$8,200
46th$7,800
47th$7,400
48th$7,000
49th$6,600
50th$6,200
51st$5,800
52nd$5,400
53rd$5,000
54th$4,800
55th$4,600
56th$4,400
57th$4,200
58th$4,000
59th$3,800
60th$3,600
61st$3,400
62nd$3,200
63rd$3,000
64th$2,800
65th$2,600
66th$2,400
67th$2,200
68th$2,000
69th$1,880
70th$1,760
71st$1,640
72nd$1,520
73rd$1,400
74th$1,320
75th$1,240
76th$1,160
77th$1,080
78th$1,000

The three-day format assures that there will be no cut at the Principal Charity Classic and all the golfers will receive something from the prize purse. However, the event is aimed at bigger things than just the prize money. What was the title sponsor’s goal this year?

Principal Charity Classic hopes to raise $8 million

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The Principal Charity Classic has been known by various different names on the PGA Tour Champions but has been a constant on the Senior Circuit for the last 24 years. In 2008, Principal, the current title sponsor took over and thus the name was changed.  Since then, the Principal has raised a total of $54 million for the charity.

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Four hospitals are associated with Principal Charity, the Blank Children’s Hospital, MercyOne Children’s Hospital, United Way of Central Iowa, and Variety, the Children’s Charity of Iowa. Primarily, the funds raised from the event go to these three hospitals and are then distributed among others.

Every year, more than 130,000 kids enjoy the benefits offered by the Principal charity, and this year, the event has returned with a goal to raise $8 million in funds. At the newly renovated Wakonda, everyone will be taking home a fair share of the Principal Charity Classic!