Jack and Barbara Nicklaus founded the Nicklaus Children’s Health Care Foundation in 2004, in an effort to provide families access to world-class pediatric healthcare.

Collaborating with pediatric hospitals across the country, the Foundation has grown from a vision to reality, supporting innovative programs focused on the diagnosis, treatment and prevention of childhood illness.

“When Jack and I were first married and we had three small children, we had a little incident with our daughter who was then 11 months old and she kept choking,” Barbara told host Stuart Varney. “To make a long story short, they finally did an x-ray, found a shadow in her lung and had to do a bronchoscopy.”

A bronchoscopy, which at the time was only performed on adults, is procedure that allows a doctor to look inside your airways through a thin viewing device called a bronchoscope. The result came back with the Nicklaus’ daughter having inhaled a blue crayon. Barbara said while their daughter spent a week in intensive care, “We kind of looked at each other as young parents and said you know if we ever in a position to help others, we wanted it to be children.”

Jack and Barbara shared their personal story that led them to their generous efforts to benefit children on the FOX Business Network’s Varney & Co. and beyond philanthropy Jack also discussed golf and what it takes to make it in the game today.