EIN 37-1211315

IAA Foundation

Name: IAA Foundation financials for 2023
Creator: Cause IQ
License: https://creativecommons.org/licenses/by-nc-nd/4.0/

IRS 501(c) type

501(c)(3)

Num. employees

City

Bloomington

State

Illinois

Year formed

1987

Most recent tax filings

2023-12-01

NTEE code, primary

K20: Agricultural Programs

Description

The IAA Foundation funds education, research, and charitable activities that benefit Illinois farm families and agriculture. It awards scholarships to students pursuing agricultural education, while also providing financial assistance to educate elementary school students and teachers on the significance of agriculture.

Related structure

IAA Foundation is a subordinate organization under Illinois Agricultural Association.

Total revenues

$1,236,892

2023

Total expenses

$1,045,595

2023

Total assets

$9,180,610

2023

Num. employees

2023

Program areas at IAA Foundation

The organization provides funds to help educate elementary school students and teachers about the importance of agriculture.

The organization provides scholarships to students attending a college, university or vocational school and who are seeking education in an agricultural related field.

Grants made by IAA Foundation

Grantee	Grant description	Grant year	Amount
The Board of Trustees of the University of Illinois	Ag Literacy	2023-12	$47,125
Agricultural Education Partnership - Logan Menard Sangamon County	Ag Literacy	2023-12	$24,315
Saline-Gallatin Farm Bureau Foundation	Ag Literacy	2023-12	$14,410
...and 62 more grants made totalling $593,455

Who funds IAA Foundation

Grants from foundations and other nonprofits

Grantmaker	Grantmaker tax period	Description	Amount
The Growmark Foundation	2023-12	For Library Support	$60,000
Geneseo Foundation	2024-03	Charitable Contribution	$15,000
The Allen and Ellen M Blessman Family Foundation	2023-12	Educational	$15,000
...and 3 more grants received

Personnel at IAA Foundation

Name	Title	Compensation	Date of data
Alan Dodds	Assistant Treasurer	$0	2024-07-31
Jennifer Smith	Development Manager		2023-08-17
Brian Duncan	Chairman	$0	2024-03-06
Susan Moore	Director	$0	2023-12-31
Garret Thalgott	Assistant Secretary	$0	2023-12-31
...and 6 more key personnel

Financials for IAA Foundation

Revenues	FYE 12/2023	FYE 12/2022	% Change
Total grants, contributions, etc.	$963,618	$1,147,173	-16%
Program services	$0	$0	-
Investment income and dividends	$191,768	$178,732	7.3%
Tax-exempt bond proceeds	$0	$0	-
Royalty revenue	$0	$0	-
Net rental income	$41,650	$18,920	120.1%
Net gain from sale of non-inventory assets	$-14,622	$-19,597	25.4%
Net income from fundraising events	$2,650	$-7,643	134.7%
Net income from gaming activities	$0	$0	-
Net income from sales of inventory	$51,828	$14,507	257.3%
Miscellaneous revenues	$0	$0	-
Total revenues	$1,236,892	$1,332,092	-7.1%

Form 990s for IAA Foundation

Fiscal year ending	Date received by IRS	Form	PDF link
2023-12	2024-07-31	990	View PDF
2022-12	2023-07-21	990	View PDF
2021-12	2022-06-07	990	View PDF
2020-12	2021-07-23	990	View PDF
2019-12	2020-12-14	990	View PDF
...and 10 more Form 990s

Organizations like IAA Foundation

Organization	Type	Location	Revenue
Ohio Farm Bureau Foundation	501(c)(3)	Columbus, OH	$785,187
Nebraska Farm Bureau Foundation for Agriculture	501(c)(3)	Lincoln, NE	$1,122,125
American Farm Bureau Foundation for Agriculture	501(c)(3)	Washington, DC	$2,641,122
Tennessee Foundation for Agriculture in the Classroom	501(c)(3)	Columbia, TN	$540,518
Pennsylvania Friends of Agriculture Foundation	501(c)(3)	Camp Hill, PA	$1,316,579
Mississippi Farm Bureau Foundation and Relief Fund	501(c)(3)	Jackson, MS	$860,784
Kansas Farm Bureau Foundation	501(c)(3)	Manhattan, KS	$507,121
Dfacares Foundation	501(c)(3)	Kansas City, KS	$971,241
National Cattlemen's Foundation	501(c)(3)	Centennial, CO	$1,439,981
North Dakota Stockmen's Foundation	501(c)(3)	Bismarck, ND	$625,223

Data update history

October 23, 2024

Received grants

Identified 2 new grant, including a grant for $60,000 from The Growmark Foundation

September 27, 2024

Posted financials

Added Form 990 for fiscal year 2023

July 8, 2024

Received grants

Identified 2 new grant, including a grant for $15,000 from The Allen and Ellen M Blessman Family Foundation

October 26, 2023

Received grants

Identified 2 new grant, including a grant for $15,000 from Geneseo Foundation

August 25, 2023

Posted financials

Added Form 990 for fiscal year 2022

Nonprofit Types

Grantmaking organizationsAgricultural programsChapter / child organizationsCharities

Issues

EducationHuman servicesAgriculture

Characteristics

Operates donor advised fundsProvides grantsFundraising eventsState / local levelReceives government fundingProvides scholarshipsAuction fundraisersFundraising races, competitions, and tournamentsTax deductible donationsNo full-time employeesAccepts online donations

General information

Address: 1701 Towanda Ave; Bloomington, IL 61702
Metro area: Bloomington, IL
County: McLean County, IL
Website URL: iaafoundation.org/
Phone: (309) 557-2218

IRS details

EIN: 37-1211315
Fiscal year end: December
Taxreturn type: Form 990
Year formed: 1987
Eligible to receive tax-deductible contributions (Pub 78): Yes

Categorization

NTEE code, primary: K20: Agricultural Programs
NAICS code, primary: 813211: Grantmaking Foundations
Parent/child status: Subordinate organization

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IAA Foundation

Program areas at IAA Foundation

Grants made by IAA Foundation

Who funds IAA Foundation

Personnel at IAA Foundation

Financials for IAA Foundation

Form 990s for IAA Foundation

Organizations like IAA Foundation

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