United States Golf Association (USGA) is an independent non-profit foundation based in Bernards Township, New Jersey. Established in 1894, the mission of the foundation is to promote and conserve the true spirit of the game of golf as embodied in its ancient and honorable traditions. The assets of the foundation are managed by the executive committee.United States Golf Association's investment portfolio is valued at $406.09 million, with investments in domestic and international equity, fixed income, private equity, and cash.