Iowa Children’s Charities Get Record Donation from Principal Charity Classic. Again.

DES MOINES, Iowa–(BUSINESS WIRE)–Great golf. Check. Beautiful weather. Check. Record attendance. Check.
Record amount given to charity. Check (literally).


The Principal
Charity Classic presented by Wells Fargo
today announced its 2016
tournament raised $2,053,725 for Iowa children’s charities. That’s the
biggest annual donation in Principal Charity Classic history. It brings
the tournament’s charitable giving total to nearly $10 million in 10
years.

“This community decided a decade ago to put kids first and created a
golf tournament to do just that,” said Dan Houston, chairman, president
and CEO of Principal®. “Year after year it kept growing. And
here we are today giving Iowa children’s charities a record amount of
money to help their organizations serve kids. That’s powerful.”

This year’s tournament, held May 31-June 5, attracted a record 83,389
spectators to the Wakonda Club. Principal is celebrating its 10th
Anniversary as title sponsor of the Principal Charity Classic in 2016.
Wells Fargo also marks a decade as presenting sponsor.

The Principal Charity Classic annually draws some of the biggest names
in golf to Des Moines, including this year’s champion, Scott McCarron.
Legendary golfer John Daly was also part of the 2016 field in his first
year of PGA TOUR Champions eligibility, along with fan favorites Miguel
Ángel Jiménez, Jesper Parnevik, Jay Haas, Fred Funk, Kenny Perry, Fuzzy
Zoeller, Rocco Mediate and 2015 Principal Charity Classic champion Mark
Calcavecchia.

“The Principal Charity Classic features great golf and some of the
game’s best players, but what truly makes this tournament special is our
community,” said Greg Conrad, Tournament Director of the Principal
Charity Classic. “Every volunteer, sponsor and charity partner actively
participates in the tournament’s mission of supporting Iowa kids. And
that does not go unnoticed by PGA TOUR Champions players, who
continually tell us they are inspired to keep coming back – and giving
back – to our community, too.”

Funds raised through the tournament support six Tournament Charity
Partners in the Des Moines area, as well as more than 100 Iowa
children’s charities in the region and across the entire state
participating through the Birdies for Charity program. The six
Tournament Charity Partners are Blank Children’s Hospital, Bravo Greater
Des Moines, Community Foundation of Greater Des Moines, Mercy Medical
Center, the United Way of Central Iowa and Variety – the Children’s
Charity of Iowa.

The 2017 Principal Charity Classic will take place June 6-11, 2017, at
Wakonda Club, and Good-Any-One-Day tickets are available for purchase
now. For more information or to purchase tickets, visit www.principalcharityclassic.com.

About Principal®
Principal helps people
and companies around the world build, protect and advance their
financial well-being through retirement, insurance and asset management
solutions that fit their lives. Our employees are passionate about
helping clients of all income and portfolio sizes achieve their goals –
offering innovative ideas, investment expertise and real-life solutions
to make financial progress possible. To find out more, visit us at principal.com.

About the Principal Charity Classic
The Principal Charity
Classic presented by Wells Fargo is an annual PGA TOUR Champions event
focused on philanthropic giving. This premier golf event raises
contributions for the tournament’s “FORE Our Kids” charities,
including: 1) Tournament Charity Partners, select organizations
that provide a broad level of support to children of Iowa in the areas
of education and culture, financial security and stability, and/or
health and wellness. These organizations are supported through net
proceeds of the tournament; and 2) Birdies For Charity Partners,
which includes more than 100 additional children’s charities across Iowa
that receive support through individual pledges and contributions made
prior to and during the tournament.

About PGA TOUR Champions
PGA TOUR Champions is a membership
organization of golfers age 50 and older, with the most recognizable and
accomplished players in the game – including 34 members of the World
Golf Hall of Fame, which compete regularly in its events. PGA TOUR
Champions is where Legends play, and is home to The Ultimate Clubhouse.
Conceived in 1980 as the Senior PGA Tour, it started with just four
events and purses totaling $475,000. The primary purpose of PGA TOUR
Champions is to provide financial opportunities for its players,
entertain and inspire its fans, deliver substantial value to its
partners, create outlets for volunteers to give back, protect the
integrity of the game and generate significant charitable and economic
impact in communities in which it plays. In 2016, the newly-introduced
Charles Schwab Cup Playoffs will identify and recognize the Tour’s
leading player via a season-long race for the Charles Schwab Cup. The
Commissioner of the PGA TOUR is Tim Finchem. Greg McLaughlin is
President of PGA TOUR Champions. The PGA TOUR’s website is pgatour.com,
the No. 1 site in golf, and the organization is headquartered in Ponte
Vedra Beach, Fla. Follow PGA TOUR Champions at facebook.com/PGATOURChampions
and on Twitter @ChampionsTour.

Contacts

Principal
Erica Jensen, 515-362-0049
jensen.erica@principal.com
or
Lisa
Schmitz, 515-279-4653
lisa@principalcharityclassic.com