The PGA Tour (stylized in all capital letters as PGA TOUR by its officials) is the organizer of the main professional golf tours played primarily by men in the United States and North America. It organizes most of the events on the flagship annual series of tournaments also known as the PGA Tour, as well as PGA Tour Champions (for golfers age 50 and older) and the Korn Ferry Tour (for professional players who have not yet qualified to play in the PGA Tour), as well as PGA Tour Canada, PGA Tour Latinoamérica, and PGA Tour China. The PGA Tour is a nonprofit organization headquartered in Ponte Vedra Beach, Florida, a suburb of Jacksonville.
Winning a PGA Tour event provides a tour card for a minimum of two years, with an extra year added for each additional win with a maximum of five years. Winning a World Golf Championships event, The Tour Championship, the Arnold Palmer Invitational, or the Memorial Tournament provides a three-year exemption. Winners of the major championships and The Players Championship earn a five-year exemption. Other types of exemptions include lifetime exemptions for players with twenty wins on the tour; one-time, one year exemptions for players in the top fifty on the career money earnings list who are not otherwise exempt; two-time, one year exemptions for players in the top twenty-five on the career money list; and medical exemptions for players who have been injured or are going through a family crisis, which give them an opportunity to regain their tour card after a period out of the tour. In 2015, the PGA Tour added a clause which would freeze an exemption for those required to perform military service in their native countries in response to South Korea's Bae Sang-moon having to leave the Tour for that reason. At the end of the season, the person leading the FedEx Cup earns a five-year exemption.
At the end of each year, the top 125 in FedEx Cup points (top 125 on the money list before 2013) receive a tour card for the following season, which gives them exemption from qualifying for most of the next year's tournaments. However, at some events, known as invitationals, exemptions apply only to the previous year's top 70 players. Since 2013, players who are ranked between 126–200 in FedEx Cup points (and are not already exempt by other means) are eligible for entry in the Korn Ferry Tour Finals, where they can regain their PGA Tour privileges. Non-exempt players who finish 126th-150th in the FedEx Cup but fail to regain their PGA Tour cards are given conditional PGA Tour status for the season and are fully exempt on the Korn Ferry Tour.
Originally established by the Professional Golfers' Association of America, it was spun off in December 1968 into a separate organization for tour players, as opposed to club professionals, the focal members of today's PGA of America. Originally the "Tournament Players Division", it adopted the name "PGA Tour" in 1975 and runs most of the week-to-week professional golf events on the tournament known as the PGA Tour, including The Players Championship, hosted at TPC Sawgrass; the FedEx Cup, with its finale at The Tour Championship at East Lake Golf Club; and the biennial Presidents Cup. The remaining events on the PGA Tour are run by different organizations, as are the U.S.-based LPGA Tour for women and other men's and women's professional tours around the world.