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Nonprofiteer
← IGFA FOUNDATION INC

Form 990 for tax year 2024

Filed by IGFA FOUNDATION INC.

Totals

Total revenue
$3,244,294
Total expenses
$1,054,025
Contributions and grants received
$893,668
Grants paid
$981,714
Program service revenue
$0
Investment income
$2,350,626
Other revenue
$0
Total assets, end of year
$22,352,515
Total liabilities, end of year
$279,825
Net assets or fund balances, end of year
$22,072,690
Program services expenses (Part IX)
$981,714
Management and general expenses
$72,311
Fundraising expenses
$0
Program service expenses (Part III)
$981,714

Program services were 93.1% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1d · Related organizations

    $546,276

  • 1f · All other contributions, gifts and grants

    $347,392

  • 3 · Investment income

    total $601,437 · related or exempt $601,437

  • 7a · Gross sales of assets other than inventory

    securities $14,858,211

  • 7b · Less cost or other basis and sales expenses

    securities $13,109,022

  • 7c · Gain or loss

    securities $1,749,189

  • 7d · Net gain or loss

    total $1,749,189 · related or exempt $1,749,189

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $981,714 · program services $981,714

  • 11c · Fees: accounting

    total $5,500 · management and general $5,500

  • 11g · Fees: other

    total $66,314 · management and general $66,314

  • 24a · Other expenses: LICENSES & PERMITS

    total $497 · management and general $497

Balance sheet

Part X, book values.

  • 2 · Savings and temporary cash investments

    beginning of year $336,724 · end of year $733,274

  • 3 · Pledges and grants receivable

    beginning of year $212,500 · end of year $117,500

  • 11 · Investments: publicly traded securities

    beginning of year $19,105,243 · end of year $21,299,702

  • 15 · Other assets

    beginning of year $290,667 · end of year $202,039

  • 17 · Accounts payable and accrued expenses

    beginning of year $182,961 · end of year $237,430

  • 25 · Other liabilities

    beginning of year $0 · end of year $42,395

  • 29 · Capital stock, trust principal or current funds

    beginning of year $0 · end of year $0

  • 30 · Paid-in or capital surplus, or land, building or equipment fund

    beginning of year $0 · end of year $0

  • 31 · Retained earnings, endowment or other funds

    beginning of year $19,762,173 · end of year $22,072,690

Mission and programs · 2024

Mission

TO ENGAGE IN ACTIVITIES THAT SOLELY SUPPORT, BENEFIT, PERFORM THE FUNCTIONS OF, AND CARRY OUT THE PURPOSES OF THE INTERNATIONAL GAME FISH ASSOCIATION (IGFA), A PUBLICLY SUPPORTED CHARITABLE ORGANIZATION. THOSE ACTIVITIES INCLUDE (A) TO ENCOURAGE THE CONSERVATION OF GAME FISH AND THE PROMOTION OF RESPONSIBLE, ETHICAL ANGLING PRACTICES THROUGH THE SCIENCE, EDUCATION, RULE-MAKING, RECORD-KEEPING AND RECOGNITION OF OUTSTANDING ACCOMPLISHMENTS IN THE FIELD OF ANGLING; (B) TO PROVIDE GRANTS TO THE IGFA IN SUPPORT OF THE FURTHERANCE OF ITS MISSION IN EDUCATION, CONSERVATION AND SCIENTIFIC RESEARCH RELATED TO GAME FISH AND THE SPORT OF RECREATIONAL ANGLING. (C) THE SOLICITATION OF FUNDS FOR CONTRIBUTION TO BUILD AN ENDOWMENT FUND FOR THE SHORT-TERM AND LONG-TERM NEEDS OF THE IGFA INCLUDING THE ACCEPTANCE OF DONATIONS OF REAL ESTATE, FUNDS AND OTHER ITEMS OF VALUE; TO HOLD TITLE TO PROPERTY, BOTH REAL AND PERSONAL IN FURTHERANCE OF THESE OBJECTIVES AND ACTIVITES.

  • TO ENGAGE IN ACTIVITIES THAT SOLEY SUPPORT, BENEFIT, PERFORM THE FUNCTIONS OF, AND CARRY OUT THE PURPOSES OF IGFA, THE INTERNATIONAL GAME FISH ASSOCIATION (IGFA), A PUBLICLY SUPPORTED CHARITABLE ORGANIZATION. THOSE ACTIVITIES INCLUDE (A) TO ENCOURAGE THE CONSERVATION OF GAME FISH AND THE PROMOTION OF REPONSIBLE, ETHICAL ANGLING PRACTICES THROUGH THE SCIENCE, EDUCATION, RULE-MAKING, RECORD-KEEPING AND RECOGNITION OF OUTSTANDING ACCOUMPLISHMENTS IN THE FIELD OF ANGLING; (B) TO PROVIDE GRANTS TO THE IGFA IN SUPPORT OF THE FURTHERANCE OF ITS MISSION IN EDUCATION, CONSERVATION AND SCIENTIFIC RESEARCH RELATED TO GAME FISH AND THE SPORT OF RECREATIONAL ANGLING. (C) THE SOLICITATION OF FUNDS FOR CONTRIBUTION TO BUILD AN ENDOWMENT FUND FOR THE SHORT-TERM AND LONG-TERM NEEDS OF THE IGFA INCLUDING THE ACCEPTANCE OF DONATIONS OF REAL ESTATE, FUNDS AND OTHER ITEMS OF VALUE; TO HOLD TITLE TO PROPERTY, BOTH REAL AND PERSONAL IN FURTHERANCE OF THESE OBJECTIVES AND ACTIVITES.

    Expenses $981,714 · Grants $981,714

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Jason Schratwieser

    PRESIDENT

    Total calculated
    $212,614
    From this org
    $0
    From related orgs
    $212,614
    Other
    $0
    Hours/week
    1 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $212,614 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $0 + $212,614 related
  • Jilynne Tapia

    SECRETARY

    Total calculated
    $155,727
    From this org
    $0
    From related orgs
    $155,727
    Other
    $0
    Hours/week
    1 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $155,727 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $0 + $155,727 related
  • Roy Cronacher

    CHAIRMAN

    Total calculated
    $0
    Hours/week
    0
  • Robert Kurz

    VICE CHAIRMAN & TREASURER

    Total calculated
    $0
    Hours/week
    0
  • Tim Choate

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0
  • Michael Criscola

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0
  • Stephanie Choate

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0
  • William Camp

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0
  • Lowe Morrison

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

None.

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2024
Filed
10 February 2026
IRS schema version
2024v5.5
Source object
202620429349300932

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