PONTE VEDRA BEACH, Fla.--(BUSINESS WIRE)--The PGA TOUR and Ellie Mae, Inc. today announced an agreement making the mortgage-based software company the title sponsor of the Web.com Tour’s tournament at TPC Stonebrae Country Club in Hayward, Calif, with the (Golden State) Warriors Community Foundation serving as the event’s main charitable beneficiary.
The newly named Ellie Mae Classic at TPC Stonebrae is scheduled for the week of July 25-31 at TPC Stonebrae, which has hosted the event since 2009. The four-year sponsorship agreement runs through 2019.
“We are ecstatic to welcome Ellie Mae to the Web.com Tour with today’s exciting announcement,” said Web.com Tour President Bill Calfee. “Their commitment to this event ensures our continued presence in one of the country’s great golf markets, and allows this tournament to leave a lasting impact in the community through the charitable efforts geared towards the Warriors Community Foundation.”
Ellie Mae (NYSE:ELLI) is a leading provider of innovative on-demand software solutions and services for the residential mortgage industry. Mortgage lenders of all sizes use Ellie Mae’s Encompass® all-in-one mortgage management solution, Mavent Compliance Service, and AllRegs research, reference and education resources to improve compliance, loan quality and efficiency across the entire mortgage lifecycle. Ellie Mae has more than 900 employees across the United States and is headquartered in Pleasanton, California. The company contributes to a number of charitable organizations, including Habitat for Humanity, the Alameda County Community Food Bank and others through its Ellie Cares community outreach program.
“As a company headquartered in the East Bay, it makes perfect sense for Ellie Mae to be the title sponsor of the Web.com Tour event at TPC Stonebrae,” said Jonathan Corr, Ellie Mae President and CEO. “In addition to the visibility that becoming the title sponsor gives our growing company, we are thrilled to support the tournament’s tradition of philanthropy, which is closely aligned with Ellie Mae’s core value of giving back. We’re also very proud to have the Warriors Community Foundation as the main charitable beneficiary for the tournament, and look forward to raising money and building support and awareness for their organization.”
The Warriors Community Foundation will serve as the event’s main charitable beneficiary, as charity continues to play a key role in every PGA TOUR-sanctioned event, with other Ellie Mae charities also benefiting. The TOUR and its tournaments generated a record $160 million for charity in 2015, in turn elevating the all-time total donated to charity to $2.3 billion.
Since purchasing the Golden State Warriors in 2010, Joe Lacob and Peter Guber have continued the club’s longstanding tradition of community involvement. The Warriors Community Foundation, established in 2012 under the new ownership group, serves to expand the team’s impact locally.
“We are honored to be invited to partner with Ellie Mae and the PGA TOUR,” said Warriors Community Foundation Executive Director Jose Gordon. “Our support for education and youth development is possible thanks to partners who share our vision of improving outcomes for local underserved students.”
The TPC Stonebrae course, designed by David McLay Kidd, is located at the crest of the East Bay Hills. At an elevation of 1,500 feet, the course features views spanning 75 miles of San Francisco Bay to the west, Mt. Tam to the north and east to Mt. Diablo.
“The owners of TPC Stonebrae are proud to have been partners in the TPC Network and sponsors of PGA TOUR events for more than 15 years,” said Michael Letchinger, Managing Director of TPC Stonebrae. “We welcome Ellie Mae to TPC Stonebrae and are confident that with their commitment the Ellie Mae Classic will be recognized immediately as a premier event on the Web.com Tour and will enhance all the charitable activities of the Warriors Community Foundation here in our East Bay home.”
The Web.com Tour has conducted six tournaments at TPC Stonebrae since 2009, with the tournament annually producing some of the most exciting finishes of the year. The event’s 2015 edition featured a playoff between Si Woo Kim, Jamie Lovemark and Wes Roach, with Kim securing his first Web.com Tour title on the first extra hole. The South Korea native became the second-youngest winner in the Web.com Tour’s 26-year history at age 20 years, 20 days, eventually securing his 2015-16 PGA TOUR card at the end of the Tour’s Regular Season in August.
For more information on the Ellie Mae Classic at TPC Stonebrae or the Web.com Tour, please visit www.PGATOUR.com.
ABOUT ELLIE MAE
Ellie Mae (NYSE:ELLI) is a leading provider of innovative on-demand software solutions and services for the residential mortgage industry. Mortgage lenders of all sizes use Ellie Mae’s Encompass® all-in-one mortgage management solution, Mavent Compliance Service, and AllRegs research, reference and education resources to improve compliance, loan quality and efficiency across the entire mortgage lifecycle. Visit EllieMae.com or call (877) 355-4362 to learn more.
ABOUT THE WARRIORS COMMUNITY FOUNDATION
The Warriors Community Foundation is dedicated to making a meaningful impact on the lives of underserved Bay Area children; specifically, by working to improve educational equity for low-income students in Alameda and San Francisco Counties. For the second season in a row, the Foundation donated more than $1.5 million to support education and youth development, including flagship grants to Oakland Unified and San Francisco Unified School Districts. The Foundation also rebuilds public basketball courts around the Bay Area. To date, more than 50 courts have been refurbished, helping to revitalize local schools, parks, and neighborhoods. Finally, the Warriors donate thousands of tickets each season to schools and nonprofits that serve children and families, helping share the joy and excitement of Warriors home games. The Foundation is sustained by generous contributions from Warriors owners, players, partners, and fans.
ABOUT TPC STONEBRAE COUNTRY CLUB
The development of our Club was completed with the 2014 opening of our award winning Clubhouse and full range of enhanced sport and fitness amenities. David McLay Kidd took full advantage of the undulating landscape and breathtaking panoramic vistas of the natural site to craft meticulously 18 championship holes which balance playability with strategy and stunning beauty. Wind and weather make playing the course a different challenge every day.
ABOUT THE WEB.COM TOUR
Founded (1990), owned and operated by the PGA TOUR, the Web.Com Tour continues to identify those players who are ready to compete and win on golf’s biggest stage. In 2013, the Web.com Tour became The Path to the PGA TOUR with all 50 available PGA TOUR cards coming through the Web.com Tour and the season culminating at the four-event Web.com Tour Finals. Web.com became the Tour’s umbrella sponsor on June 27, 2012. A 10-year agreement (through 2021) is in place. The Tour is in its 26th year of competition in 2015. Three out of four PGA TOUR members are Web.com Tour alumni. Tour alumni have won 425 PGA TOUR titles, including 21 majors and five PLAYERS Championships. The PGA TOUR, through the efforts of its tours and their tournaments, sponsors, players and volunteers, surpassed $2 billion in charitable giving in Jan. 2014. To learn more about the PGA TOUR and Web.com Tour and to follow the season-long quest for a PGA TOUR card, visit PGATOUR.COM, Twitter, Facebook and Instagram.
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