The PGA Tour is returning to the nation's capital with a guy who carries more clout than anyone in golf: Tiger Woods.

Woods will join Arnold Palmer and Jack Nicklaus as hosts of a PGA Tour event, although still to be announced was a title sponsor and a golf course for the new tournament in the Washington, D.C., area during Fourth of July week.

The Tiger Woods Foundation will run the tournament, and the foundation will be the chief beneficiary of charity.

"This is a wonderful opportunity to expand awareness and interest in the work we're doing for millions of kids across the country," Woods said in a statement. "I'm grateful the PGA Tour selected us as partners and am very excited my foundation will host another amazing event, this time in our nation's capital."

The tournament will be held July 5-8 and takes the spot in the schedule that once belonged to the International outside Denver.

The International cancelled its event three weeks ago because it could not find a title sponsor. Tournament founder Jack Vickers attributed the demise to Woods not playing his event.

Woods probably won't play his new event this year because his wife is expecting their first child in early July. But he figures to be a regular in the long haul, especially with his foundation running the tournament.