The PGA Championship (sometimes referre to as the U.S. 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 Open Championship (British Open), but being advanced a week in 2007 and 2008 because of local scheduling conflicts). Because of its distinction as the season's final major, the PGA Championship is nicknamed "Glory's last shot". It is an official money event on the PGA Tour, the European Tour, and the Japan Golf Tour, with a purse of $7 million.