The foundation benefits from the annual Chevron World Challenge and AT&T National golf tournaments hosted by Woods.[191] In October 2011, the foundation hosted the first Tiger Woods Invitational at Pebble Beach.[194] Other annual fundraisers have included the concert events Block Party, last held in 2009 in Anaheim, and Tiger Jam, last held in 2011 in Las Vegas after a one-year hiatus.[191][195]
In October 2007, Gatorade announced that Woods would have his own brand of sports drink starting in March 2008. "Gatorade Tiger" was his first U.S. deal with a beverage company and his first licensing agreement. Although no figures were officially disclosed, Golfweek magazine reported that it was for five years and could pay him as much as $100 million.[144] The company decided in early fall 2009 to discontinue the drink due to weak sales.[145]

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Woods was raised as a Buddhist, and he actively practiced his faith from childhood until well into his adult, professional golf career.[230] In a 2000 article, Woods was quoted as saying that he "believes in Buddhism... not every aspect, but most of it."[231] He has attributed his deviations and infidelity to his losing track of Buddhism. He said, "Buddhism teaches me to stop following every impulse and to learn restraint. Obviously I lost track of what I was taught."[232]
Surgery: Pulled out of next two PGA TOUR starts, the Genesis Open and The Honda Classic. Released statement: "My doctors have advised me not to play the next two weeks, to continue my treatment and to let my back calm down. This is not what I was hoping for or expecting. I am extremely disappointed to miss the Genesis Open, a tournament that benefits my foundation, and The Honda Classic, my hometown event. I would like to thank Genesis for their support, and I know we will have an outstanding week." In April, announced on his website he had undergone further back surgery. The operation was performed by Dr. Richard Guyer of the Center for Disc Replacement at the Texas Back Institute.
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