Public Charity

IAA Foundation

IAA Foundation is a Public Charity headquartered in Bloomington, IL. Financial data from the 2024 filing: $1.3M revenue, $981K expenses, $9.9M total assets. 8 publicly reported grants to this organization, totaling roughly $486K, appear in IRS filings.

EIN: 371211315 Bloomington, IL Latest filing: 2024
Total Revenue$1.3M
Total Expenses$981K
Total Assets$9.9M
Grant Records8
Funding Total$486K
Filing Years2020–2024

Mission

To fund education, research, and charitable activities that benefit Illinois farm families and agriculture.

Where $100 goes at IAA Foundation

How IAA Foundation divides every $100 it spends, from its own Form 990 filings, averaged across 8 years.

$96 Programs the work itself
$4 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $96 for programs

$66
The organization provides funds to help educate elementary school students and teachers about the importance of agriculture
69% of program spending
$30
The organization provides scholarships to students attending a college, university or vocational school and who are seeking education in an agricultural related field
31% of program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

Ass't Treasurer Alan Dodds
President Brian Duncan
Vice President Evan Hultine
Ass't Secretary Garret Thalgott
Ass't Treasurer Geneva Aberle
Ass't Secretary Jennifer Vance

Officer compensation and complete director data available with membership.

Top Grant Purposes

Education
$295,000 4 grants
General Support
$190,913 4 grants

Financial Trends

Year Revenue Expenses Assets
2024 $1.3M $981K $9.9M
2023 $1.2M $1.0M $9.2M
2022 $1.3M $987K $8.5M
2021 $1.4M $899K $8.5M
2020 $878K $873K $7.5M

Between 2020 and 2024, reported annual revenue grew from $878K to $1.3M (+48%), with total assets most recently reported at $9.9M.

Interactive year-over-year charts and full filing details available with membership.

See the full picture for IAA Foundation

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