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The PGA Championship (referred to as the US PGA Championship outside of North America) is an annual golf tournament conducted by the Professional Golfers Association of America as part of the PGA Tour. The PGA Championship is one of the four major championships in men's golf, and it is the golf season's final major, played in August (customarily the 4th weekend after the The Open Championship, but being advanced a week in 2007 and 2008 because of local scheduling conflicts). It is an official money event on the PGA Tour the European Tour, and the Japan Golf Tour, with a purse in 2006 of $6.8 million (apprx. €5.3 million).