The Jamie Farr Owens Corning Classic is operated by The Toledo Classic, Inc., an Ohio nonprofit organization. The Internal Revenue Service has determined that The Toledo Classic, Inc. is a Section 501 (c)(3) organization under the Internal Revenue Code of 1986. Further, the organization operates a golf tournament in a manner described at Section 274(1) of the code. The Organization believes that the sponsorship packages and tickets provide equal value to their cost.