EIN 37-1211315

IAA Foundation

Name: IAA Foundation financials for 2022
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

2022-12-01

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

$1,332,092

2022

Total expenses

$986,836

2022

Total assets

$8,513,976

2022

Num. employees

2022

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	2022-12	$31,259
Agricultural Education Partnership - Logan Menard Sangamon County	Ag Literacy	2022-12	$26,377
Saline-Gallatin Farm Bureau Foundation	Ag Literacy	2022-12	$15,632
...and 64 more grants made totalling $600,280

Who funds IAA Foundation

Grants from foundations and other nonprofits

Grantmaker	Grantmaker tax period	Description	Amount
The Growmark Foundation	2022-12	For Library Support	$60,000
Geneseo Foundation	2023-03	Charitable Contribution	$15,000
American Online Giving Foundation	2022-03	General Support	$5,297
...and 2 more grants received

Personnel at IAA Foundation

Name	Title	Compensation	Date of data
Alan Dodds	Assistant Treasurer	$0	2023-07-21
Jennifer Smith	Development Manager		2023-08-17
Tammy Halterman	Treasurer	$0	2023-08-17
Richard Guebert	Chairman	$0	2023-08-17
Brian Duncan	Vice Chairman	$0	2023-08-17
...and 7 more key personnel

Financials for IAA Foundation

Revenues	FYE 12/2022	FYE 12/2021	% Change
Total grants, contributions, etc.	$1,147,173	$1,043,189	10%
Program services	$0	$0	-
Investment income and dividends	$178,732	$165,500	8%
Tax-exempt bond proceeds	$0	$0	-
Royalty revenue	$0	$0	-
Net rental income	$18,920	$19,168	-1.3%
Net gain from sale of non-inventory assets	$-19,597	$100,714	-119.5%
Net income from fundraising events	$-7,643	$1,944	-493.2%
Net income from gaming activities	$0	$0	-
Net income from sales of inventory	$14,507	$23,605	-38.5%
Miscellaneous revenues	$0	$0	-
Total revenues	$1,332,092	$1,354,120	-1.6%

Form 990s for IAA Foundation

Fiscal year ending	Date received by IRS	Form	PDF link
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
2018-12	2019-12-13	990	View PDF
...and 9 more Form 990s

Organizations like IAA Foundation

Organization	Type	Location	Revenue
Nebraska Farm Bureau Foundation for Agriculture	501(c)(3)	Lincoln, NE	$1,621,227
American Farm Bureau Foundation for Agriculture	501(c)(3)	Washington, DC	$2,840,933
Tennessee Foundation for Agriculture in the Classroom	501(c)(3)	Columbia, TN	$816,918
Ohio Farm Bureau Foundation	501(c)(3)	Columbus, OH	$1,264,479
Mississippi Farm Bureau Foundation and Relief Fund	501(c)(3)	Jackson, MS	$1,428,537
Pennsylvania Friends of Agriculture Foundation	501(c)(3)	Camp Hill, PA	$1,173,919
Florida Cattlemen's Foundation	501(c)(3)	Kissimmee, FL	$614,424
Farm and Home Foundation of Lancaster County	501(c)(3)	Lancaster, PA	$689,820
National Cattlemen's Foundation	501(c)(3)	Centennial, CO	$1,001,538
North Dakota Stockmen's Foundation	501(c)(3)	Bismarck, ND	$625,223

Data update history

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

August 19, 2023

Received grants

Identified 1 new grant, including a grant for $60,000 from The Growmark Foundation

August 14, 2023

Posted financials

Added Form 990 for fiscal year 2021

June 13, 2023

Received grants

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

Nonprofit Types

Grantmaking organizationsAgricultural programsChapter / child organizationsCharities

Issues

EducationHuman servicesAgriculture

Characteristics

Operates donor advised fundsFundraising eventsState / local levelReceives government fundingProvides scholarshipsAuction fundraisersFundraising races, competitions, and tournamentsTax deductible donationsNo full-time employees

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

Nonprofits

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