CONGRATULATIONS! To Our 2012 Men s Member Guest Champions Tommy and Russell Sippel!

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1 - Member Guest - s - Rule of the Month - Junior Club -Club Championship - Big Thanks - Junior Golf - Couples Golf - Employee Spotlight - Hole In One - Upcoming Events - Membership Rep. CONGRATULATIONS! To Our 2012 Men s Member Guest Champions Tommy and Russell Sippel! The Men s Member Guest went off without a hitch this year! We had 42 teams total in the tournament and a great time was had by all. The weekend started off with the team alternate shot putting contest under the lights with Jim Edmonds and Jessie Baldwin taking the win! The next day the tournament kicked off and the competition heated up. In the end it was Jim Edmonds and Jesse Baldwin vs. Tommy and Russell Sippel in a playoff on #9 with the Sippels taking the overall championship. Thanks to all who participated this year and we hope to see you again next year! Fox Run Country Club 215 Club Drive Simpsonville, SC (864)

2 We Still Need s We are asking that all members give us your in the golf shop, so that we can better communicate with you. If you are receiving billing statements, but are not getting tournament info and reminders, we need your in the shop. Please stop by ASAP and update your with us. RULE OF THE MONTH Loose Impediments The first thing you must know is what constitutes a Loose Impediment. The definition of a loose impediment: they are natural objects that are not fixed, solidly embedded, growing, or adhering to the ball. *Things like leaves, twigs, stones, insects, and similar objects are loose impediments. A live insect may be removed from a ball because it wouldn t be considering adhering to it. *Sand and loose soil are only loose impediments while on the putting green.*natural ice and snow are either loose impediments or casual water at the player s option. *Manufactured ice is an obstruction. LOOSE IMPEDIMENTS MAY BE MOVED OR REMOVED WITHOUT PENALTY! EXCEPTIONS: A loose impediment may not be moved, removed, or touched if (i) both the loose impediment and ball lie in or touch the same hazard. Example, you cannot remove a pine cone behind your ball from a bunker. (ii) While a ball is in motion, you cannot move a loose impediment that may effect or influence the movememt of the ball. Example, you cannot remove a stone in the way of a moving ball. (iii) Other than on the putting green, if a player s ball moves after a loose impediment within one club length of the ball has been moved or even touched by the player, the ball must be replaced with the player incurring a one stroke penalty. PENALTY: for moving a loose impediment when not permitted LOSS OF HOLE--MATCH PLAY; TWO- STROKES--STROKE PLAY. NOTE--there is no penalty if the ball moves while on the putting green when removing a loose impediment, the ball must be replaced.

3 PLAYER OF THE YEAR UPDATE Wow is it close at the top. We have had a good year with increased participation in the tournaments and the end result is a great race for the PLAYER OF THE YEAR. The last event for this year in the Player of the Year race is the Club Championship so DO NOT MISS OUT on your chance to get points and secure your place atop the rankings. The top ten spots are paid out in the race for the Player of the Year so with Major points for the Club Championship it is still anyone s race. Good Luck to all competing. Jr. Club Championship Results Congratulations to Ryan Wright our new Junior Club Champion! Ryan now gets a berth into the Men s Club Championship. Good Luck Ryan! Here are some more pics from the Jr. Club Championship

4 Men s Club Championship September 22nd & 23rd Get ready for one of the biggest events of the year! Huge POY Points up for grabs and your chance to stake your claim as the best player in the club! And don t forget about the parking spot! Sign up in the pro shop today! DEMO SALE! It is that time of the year again. Time to sell the DEMOS. We have Demos from leading manufacturers such as Taylor Made, Titleist, Ping. Full Sets of Irons from Titelist. Drivers, 3 Woods, Hybrids from Taylor Made and Ping and much more so come on out and take a look, we have some great pricing that will allow you to get that club you ve wanted at an affordable price. DO NOT MISS OUT ON THIS AS WE HAVE A LIMITED SELECTION, THEY WILL NOT LAST LONG!! Come by the pro shop today for a great deal! SEPTEMBER FOX DEN SPECIAL Saturday Morning Breakfast Special! Pancakes & Sausage or Bacon w/ Coffee $3.50

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6 Night Light Golf Tournament Back by popular demand the Night Light Tournament is back! Friday September 14th 8:00pm Happy Hour 9:00pm Shotgun $25 Entry Come out and have fun playing in the dark! Sign up in the pro shop today! Al Drake Junior Performance Points Championship Congratulations to Michael Polgar, our 2012 Al Drake Jr. Performance Points Champion!

7 Couples Golf September 30th th 1:00 p.m. $5.00 per couple Team Stableford Format Sign up is located in the hallway on the Bulletin Board. We look for a good turnout so do not wait to get signed up!! Tony s Golf Course Update July and August has certainly been a busy time at golf maintenance, with a number of outside tournaments and member events we have found ourselves very busy these last two months. Some very big news for the grounds department, we were approved and have received two new pieces of equipment along with 5 new satellite boxes for our irrigation system. Honestly I m not sure which acquisition I am more excited about but here we go. We have a new and much improved rough mower, which allows us to mow the entire rough in a day and a half as opposed to 4 days with the old mower. We also purchased a new greens roller which is a vibratory tri-plex system; this will help us obtain smoother ball roll, and a truer putting surface. The irrigation boxes allow us to do so much more with our irrigation system than we were ever even able to imagine. We are so excited moving forward and want to extend our appreciation for all the member support that has made all this possible. Thank all of you so very much. I look forward to seeing you on the course, and as always please stop me with any comments, concerns or questions and I will be happy to talk to each and every one of you. Sincerely Tony Bisbee Golf Course Superintendent Fox Run Country Club.

8 Hole In One! Congrats to Mary Meyer on her Hole In One on #6 with a 4 iron! Upcoming Events September Ladies Club Championship 8th & 9th Tee Times Night Light 14th 9:00 SG Center for Community Services 17th 10:00 SG Seniors Championship 18th & 19th 9:00 SG Men s Club Championship 22nd & 23rd Tee Times Mauldin Chamber 25th 9:00 SG Michelin 27th 12:30 SG Couples 30th 1:00 SG Fox Run Hours: Golf Shop Monday - Friday 7:30 AM - 7:00 PM Weekends 7:00 AM - 7:00 PM Carts rented until 6:00 PM daily Starting Times Monday - Friday 8:00 AM - 6:00 PM Weekends 7:30 AM- 6:00 PM Starting Time are available up to 7 days in advance Practice Range 8:00 AM - 6:00PM The Fox Den Grill Weekdays - 9:00 AM - 7:00 PM Weekends - 8:00 AM - 7:00 PM

9 A GREAT BIG THANK YOU Goes out to the SENIORS for their purchase of Tee Cups for each set of Tees here at Fox Run. These are very helpful when used. Golf Tees when sent through a mower can really damage the blades, so please everyone let s use the Tee Cups. Thanks again Seniors!! Employee Spotlight Ashley Rosenthal Fav Food - Grandmother s Hamoemade Lasagna Home town - Greenville SC Favorite Golfer - Tiger Woods Favorite Off time activity - Painting Welcome New Members! Sam Dixon Charles Hall Nathan Holm Welcome to the club!

10 Membership Report: First Reading: Sam Dixon Charles Hall (weekday) Nathan Holm Second Reading: Scott Harmon John Martin Tommy Sippel (weekday) Strom Kulhan (weekday) Daniel Cramb (weekday) Resignations: Scott Bradbury Jay Feltz Bill Purcell Chris Fowler Nick Hartsoe (Jr Member) Paul Appleby (Jr Member) Dillion Vaugh (Jr Member) Desentroth (Jr Member) Change in Membership Partner to Regular: Bennett, Meyer, Morningstar, Crider, Schrichte, Copeland, Purcell, Phillips, Sheldon, Jupena, Drake, Garth Alton Regular to weekday Ron Berg Regular to weekday Medical Leave Haeg A Wood Membership Breakdown: (including above applications & resignations) Regular Mem 209 Week Day 20 Medical Leave 6 Partner 8 Junior Mem 17 Non Resident 8 Total Membership count 268

11 11:36 AM Fox Run Country Club 08/31/12 Profit & Loss Accrual Basis July 2012 Jul 12 Ordinary Income/Expense Income 501 Membership Dues 36, Handicap Fee Guest Fees 7, Golf Lessons Carts 22, Golf Shop Sales 9, Fox Den Sales 10, Driving Range 11, Interest Income Club Storage Late Fees Collected Miscellaneous Income 2, Junior Camp Donations Sales Tax 1, Admission Tax Tournaments Income 1, Total Income 104, Cost of Goods Sold 611 Golf Shop Purchases 6, Fox Den Purchases 7, Total COGS 14, Gross Profit 90, Expense 709 Salaries and Wages 27, Advertising Expense Automobile Expense Bad Debt Bank Service Charges 1, Cash Over/Short-Pro Shop Cash Over/Short-Fox Den Directors Meetings Interest Expense 3, Maintenance Golf Course 16, Repairs & Maintenance 1, Office Supplies 1, Janitorial Exp 1, Professional Fees Equipment Rental 4, Taxes Payroll & sales 15, Utilities 4, Tournament Expense Total Expense 77, Net Ordinary Income 13, Net Income 13, Page 1

12 11:37 AM Fox Run Country Club 08/31/12 Balance Sheet Accrual Basis As of July 31, 2012 Jul 31, 12 ASSETS Current Assets Checking/Savings 102 Cash on Hand 1, GS Tournament Account 4, Palmetto Checking 5, GrandSouth Checking 2, BB&T Checking 24, BB&T Savings 27, GrandSouth Money Market 121, Total Checking/Savings 186, Accounts Receivable 111 Accounts Receivable 28, Total Accounts Receivable 28, Total Current Assets 215, Fixed Assets Intangible Assets - Origination Water Line Extension 16, Land 57, Land Improvements 178, Buildings 531, Machinery & Equipment 365, Irrigation System 266, Furniture & Fixtures 12, Paths, Courts, Pool, Etc. 156, Golf Carts 76, JACOBSEN GK IV PLU 17, A Vehicles 17, B New Holland TN60 tractor 19, c Jacobsen Groom Master 13, D 2 E-Z_Go MPT 1200-G 2, E Buffalo Blower 8, F 2 EZGO MPT 1200-G 10, G EZGO Utilities 9, H 2012 EZGO Picker 2, Foxes Den Furn & Equip. 3, Accumulated Depreciation -1,629, Total Fixed Assets 139, Other Assets 120 Inventory Golf Shop 28, Total Other Assets 28, TOTAL ASSETS 383, LIABILITIES & EQUITY Liabilities Current Liabilities Accounts Payable 230 Accounts Payable 46, Total Accounts Payable 46, Other Current Liabilities 306 N/P on utilities 2010 models 5, NP on 2012 EZGO Picker 2, Gift Certificate Books 3, Payroll Liabilities 2, Total Other Current Liabilities 14, Total Current Liabilities 60, Page 1

13 11:37 AM Fox Run Country Club 08/31/12 Balance Sheet Accrual Basis As of July 31, 2012 Jul 31, 12 Long Term Liabilities 339 Accrued Property Tax 24, BB&T Mortgage 613, Total Long Term Liabilities 638, Total Liabilities 698, Equity 471 Capital Stock 100, Paid In Capitol 92, Retained Earnings -675, Opening Bal Equity 2, Sale of Stock 94, Re-Purchase of Stock -9, Net Income 79, Total Equity -315, TOTAL LIABILITIES & EQUITY 383, Page 2