Tiger Woods Celebrates 30th Year of Foundation and Gets $20 Million Grant From Arthur Blank

Tiger Woods Celebrates 30th Year of Foundation and Gets $20 Million Grant From Arthur Blank
Golfer Tiger Woods announces the launch of a nationwide youth program called the "Fist Pump Challenge" in Anaheim, Calif., on Jan. 21, 2008. Damian Dovarganes/AP Photo
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PALM BEACH, Fla.—Tiger Woods celebrated the 30th year of his TGR Foundation by saying it raised $50 million last year toward its education initiatives. The party ended with Atlanta Falcons owner Arthur Blank pledging a $20 million grant for a new learning lab in Atlanta.

The 30th anniversary bash Wednesday night at The Breakers came two weeks after Woods turned 50, and the intimate gathering of A-listers included a performance by Jon Bon Jovi. The night even had a title—“RED: Celebrating Legacy”—and a presenting sponsor in Ernst & Young, which now goes by “EY”