The USGA and the R&A agreed to contribute to the project, and the PGA of America then decided to close the former World Golf Hall of Fame in Pinehurst and consolidate it with the new project. Finally, the new World Golf Hall of Fame, at the World Golf Village in St. Augustine, was built. When people realized that this was no longer a PGA TOUR project but rather something beneficial for the whole world of golf, Beman and his associates at the TOUR decided that a new management organization was required, an entity that had the agenda of the promotion and honoring of the game's most significant contributors. The World Golf Foundation was formed, with an independent Board of Directors in 1994.
PGA TOUR Commissioner Tim Finchem was named Chairman, and the other major golf associations also had representation on the Board. It was always assumed that an outreach program would emerge from the Hall of Fame and the World Golf Foundation. It was Finchem's vision to bring the game of golf to youngsters who would never otherwise be able to experience the benefits and learn the values inherent in the game. Through his leadership, and the powerful support of Honorary Chairman President George H.W. Bush, The First Tee was planned in 1997. Today, the organization stands as the most successful youth outreach program in the history of golf.