After nearly a decade, Dominion Energy and the Country Club of Virginia are teeing up their final weekend sponsoring and hosting the PGA Tour Champions, ahead of a Monday announcement about the event's future.

This weekend marks the 10th edition of the Dominion Energy Charity Classic. A PGA official said a new title sponsor and hosting golf course will be announced in Richmond on Monday, following the tournament.

Since its creation in 2016, the tournament has generated over $14 million for charities in the Richmond area, according to the PGA.

Steve Schoenfeld, the event's executive director, said when Dominion and CCV withdrew from their roles, the tour had a strong preference to stay in Richmond. By 2023, the DECC had won four Players Awards, given to the players’ most-loved event.

“We’ve been working on this for quite some time,” Schoenfeld said. “We’re planning to make an official announcement for the plans for 2026 and beyond on Monday.”

Henrico County's EDA, along with Pros Inc., which owns Independence Golf Club in Chesterfield, purchased The Crossings Golf Club in 2024 with the idea of refurbishing it into a championship-caliber course.

In addition to the new venue, a new title sponsor is needed as well.

A Dominion spokesperson told CBS 6 in 2023 that the decision to pull the sponsorship was due to the company's “back-to-basics” strategy.

For the past two years, the PGA Tour has been in search of those sponsors, needing to know the event's future before this weekend, the final days of Dominion's sponsorship.

A spokesperson for the PGA Tour Champions told Richmond BizSense in September that there had been conversations with a possible title sponsor and new course that would permit the event to stay in the Richmond region.

PGA Tour Champions is a membership organization of professional golfers aged 50 and older. The DECC is a part of the season wrap-up playoffs that decide the annual Charles Schwab Cup champion. 72 professionals compete for a part of the $2.3 million total prize money and a spot in the 54-player field the next week. 

The event’s “Birdies for Charity” program has helped benefit local nonprofits such as the Virginia Veterans Services Foundation and the Richmond Fisher House over the years that the event has taken place in the region.

(Dominion Energy is a sponsor of The Richmonder, but did not influence or review this story.)