Charity
There is no prize money awarded at the Presidents Cup. The net proceeds are distributed to charities nominated by the players, captains, and captains' assistants. The first six Presidents Cups raised over US$13 million for charities around the world.
Read more about this topic: Presidents Cup
Famous quotes containing the word charity:
“Our inherent human charity and our religious beliefs will be taxed to the limit. No poor, rural, weak, or black person should ever have to bear the additional burden of being deprived of the opportunity of an education, a job, or simple justice.”
—Jimmy Carter (James Earl Carter, Jr.)
“When a sparrow sips in the river, the water doesnt recede. Giving charity does not deplete wealth. Saint Kabir says so.”
—Punjabi proverb, trans. by Gurinder Singh Mann.
“Knowledge puffeth up, but charity edifieth. And if any man think that he knoweth any thing, he knoweth nothing yet as he ought to know.”
—Bible: New Testament 1 Corinthians 8:1-2.