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Support FFI » Donate » IFFF Foundation

 

IFFF Foundation Supports Organization's Goals

 
The IFFF Foundation was incorporated in 1995 as a 501 (c) 3 public charitable foundation. All gifts to the Foundation are exempt from Federal Income taxes. The purpose for which the Foundation was established was to have available to supporters of the IFFF an independent vehicle to which donors could make long term gifts to the IFFF, its Councils, Clubs and other organizations in support of the objectives of the IFFF to provide funding for conservation, restoration and education projects and programs. Gifts of cash, bequests under wills, proceeds of life insurance, securities, retirement plans and other income tax or estate tax advantage gifts are welcomed. These gifts are invested and managed as long-term endowment funds with only investment income earnings distributed as grants to worthy recipients'. No principal is distributed thereby building and providing a continuing source of grant funds.
Board of Trustees

The Foundation is managed by a Board of Trustees, nominated by the President of the IFFF and approved by the IFFF Board of Directors.  
 
           

Mike Stewart

President 

Bud Frasca

Vice-President 
 
           

Jim Maus

Treasurer 

Tilda Evans

Secretary 
 
           

Gretchen Beatty

Trustee

Frank Johnson

Trustee            
     
 

David Lemke

Trustee

Earl Rettig

Trustee 
     
 

Len Zickler

Trustee  		 
 
Assets
 

As of January 1, 2014 Foundation assets totaled $213,446.60 and on May 31, 2015 assets totaled $223,292.04, a net increase of $9845.44. Gifts of $2069.76 were received. Two grants/awards totaling $3,500.00 were distributed/approved. Market value appreciation since January 1, 2014 was $4681.31 and investment income totaled $8221.96. Investment management and custody fees were $1627.59. As of May 31, 2015 the Foundation had $33,041.46 of undistributed investment income.

Grants and awards distributed/approved since 1 January 2014 were:

1. $3,000.00 to Appalachian State University for a graduate student conducting aquatic entomology research
2. $500.00 to help support NW Youth Conservation and Fly Fishing Academy

Many organizations similar to the IFFF have long-standing foundations and have been successful through generous member and donor support in building substantial pools of assets. These assets generate the income necessary to fund the numerous projects and programs to enable their parent organizations to fulfill their goals. Donor support of the IFFF Foundation has increased slightly in the past two years. Our members and supporters are asked to think of this foundation when they consider their estate and tax planning objectives.
 
Donate Today 
 
Organizations similar to the IFFF have long been successful in building substantial foundations over the years through dedicated directors and membership support. Please do what you can to encourage meaningful gifting to the Foundation and to assist in long-term support of the IFFF.