Charles Schwab Challenge Friday is a day of golf at Colonial Country Club in Fort Worth, part of the Charles Schwab Challenge, one of the most storied tournaments on the PGA TOUR calendar. Colonial is a classic Texas club known for its tree-lined fairways and tough, rewarding holes, and the tournament has been a fixture there for decades. Friday is the day the field starts cutting down, so the golf gets sharper and the leaderboard starts to tell a story.