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IAA Foundation

Foundation · Grantmaker Bloomington, IL EIN: 37-1211315 Website

IAA Foundation is a public charity based in Bloomington, Illinois. Formed in 1987, it supports education, research, and charitable activities benefiting Illinois farm families and agriculture, including agricultural education and student scholarships.

Key facts about IAA Foundation

In short: IAA Foundation gave $636K across 69 grants in 2024 (avg $9K), mostly in Illinois. 3% of 2024 grantees were new. Source: 2024 IRS Form 990 filing.

EIN
37-1211315
Latest 990 filing
Form 990 filing, 2024
Annual giving (2024)
$635,956
Grants made (2024)
69
Average grant
$9,217
Median grant
$8,471
New grantees (estimate)
3% first-time grantees (2 of 69, 2024)
Total assets
$9,912,741
Primary geography
Illinois (100% of itemized 2024 grant dollars)
How to apply
For college scholarships, complete the online application and all required elements. Full details ↓
Deadline
The scholarship application period runs January 1 through February 15 each year.

Data from IRS Form 990 filing, 2024; updated September 2026. New grantees are estimated by matching recipient names across years (methodology). Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.

Financial Overview

From 2024 IRS Form 990 filing · View filing

Total Assets

$9.9M

+8.0% YoY

Annual Giving

$636K

+0.6% YoY

Grant Count

69

-1.4% YoY

Avg Grant Size

$9K

+2.1% YoY

Is IAA Foundation open to new grantees?

3%

first-time grantees, 2024

In 2024, 2 of 69 grantees (3%) were first-time recipients. First grants averaged $8K; repeat grants $9K. How we count

Medians: $8K first-time, $8K repeat.

  • 87% of 2024 grantees were also funded in 2023. Method
  • Giving held roughly steady from 2021 to 2024 (+4%). Method

Estimate from itemized grant lists in IRS Form 990 filings (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

Research compiled by Grantable AI from public sources. Last updated September 2026.

Mission & Focus Areas

The Foundation’s stated mission is “to fund education, research, and charitable activities that benefit Illinois farm families and agriculture.” Its filing describes funding for programs that educate elementary students and teachers about the importance of agriculture, as well as scholarships for students pursuing agriculture-related studies at colleges, universities, or vocational schools.

The Foundation supports Illinois Agriculture in the Classroom through teacher and book grants, teacher training, Ag Mags, Adopt A Classroom, and County Coalition Grants. It also administers college scholarships and fellowships for eligible Illinois Farm Families, Illinois Farm Bureau members, their spouses, or their children studying agriculture or related fields. Its Agricultural Education Teacher Grant Program stopped accepting new teachers in 2024 but will continue supporting existing recipients through 2028.

Grantmaking

In filing year 2024, the Foundation reported 69 grants totaling $635,956. Individual grants ranged from $5,105 to $50,628, with a median of $8,471. The largest award listed was $50,628 to the University of Illinois in Champaign for Ag Literacy. Other listed recipients included Agricultural Edu Partnership ($24,621) and Saline CFB Foundation ($15,754), both for Ag Literacy. Several county Farm Bureau foundations and other local organizations also received listed Ag Literacy grants.

Review Cycle

** The scholarship application period runs January 1 through February 15 each year. Applications must be complete by 11:59 p.m. on February 15. Recipients are announced on or around May 1.

Open Grants

2 open opportunities from IAA Foundation

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Geographic Focus

Where this funder awards grants

The Foundation’s 2024 grant dollars went entirely to recipients in Illinois. Its scholarship and fellowship programs are directed to eligible Illinois Farm Families and Illinois Farm Bureau members and their families.

Grant Distribution by State

1state

Share of all 69 itemized 2024 grant dollars.

States

Cities

ChampaignMarionAlbionAmboyBellevilleBentonBloomingtonBreeseCambridgeCarlinvilleCarol StreamCharlestonCountrysideDanvilleDecaturEdwardsvilleEffinghamGalesburgGrayslakeGreenville

Giving Over Time

Total grant dollars and number of grants per year

$0$200K$400K$600K$800K65 grants202069 grants202172 grants202270 grants202369 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

University of Illinois: $51KUniversity of Illinois$51KAgricultural Edu Partnership: $25KAgricultural Edu Partnership$25KSaline CFB Foundation: $16KSaline CFB Foundation$16KAdams CFB Foundation: $9KAdams CFB Foundation$9KCook CFB Foundation: $9KCook CFB Foundation$9KDeKalb CFB: $9KDeKalb CFB$9KEdwards CFB: $9KEdwards CFB$9KEffingham CFB: $9KEffingham CFB$9KLaSalle CFB Foundation: $9KLaSalle CFB Foundation$9KLivingston County SWCD: $9KLivingston County SWCD$9K

Grant Size Distribution

345 grants across all recorded years

344<$50K1$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
University of Illinois Champaign, ILAg Literacy$50,628
Agricultural Edu Partnership Springfield, ILAg Literacy$24,621
Saline CFB Foundation Ridgway, ILAg Literacy$15,754
Adams CFB Foundation Quincy, ILAg Literacy$9,263
Cook CFB Foundation Countryside, ILAg Literacy$9,263
DeKalb CFB Sycamore, ILAg Literacy$9,263
Edwards CFB Albion, ILAg Literacy$9,263
Effingham CFB Effingham, ILAg Literacy$9,263
LaSalle CFB Foundation Ottawa, ILAg Literacy$9,263
Livingston County SWCD Pontiac, ILAg Literacy$9,263

Financial History

Multi-year comparison from IRS filings

Filing year Assets Revenue Expenses Grant sum Grant count
2024 $9,912,741 $1,301,643 $980,510 $635,956 69
2023 $9,180,610 $1,236,892 $1,045,595 $632,180 70
2022 $8,513,976 $1,332,092 $986,836 $640,337 72

Illinois Farm Bureau provides administrative costs, including Foundation staff salaries and general operating budgets, as an in-kind service. The Foundation also reports in-kind legal, investment, marketing, and audiovisual services, as well as discounted printing and supply purchasing.

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$500K$1M$1.5M20202021202220232024
Metric202420232022
Total Assets$9,912,741$9,180,610$8,513,976
Revenue$1,301,643$1,236,892$1,332,092
Expenses$980,510$1,045,595$986,836
Qualifying Distributions———
Net Investment Income$270,560$177,146$159,135
Distributable Amount———

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Leadership team and compensation from IRS filings

The 2024 filing lists Brian Duncan as President; Evan Hultine as Vice President; Ken Cripe as Secretary; Jennifer Vance and Garret Thalgott as Assistant Secretaries; Alan Dodds and Geneva Aberle as Assistant Treasurers; and Steve Koeller and Larry Dallas as Trustees. Susan Moore is listed as a Director.

IAA Foundation is led by Brian Duncan, President since 2024 (on filings since 2020); none of the 12 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • Brian Duncan

    President

    Vice President → President, 2024

    On filings since 2020

    0.3 hrs/week

    No compensation reported

  • Richard Guebert Jr.

    Trustee

    President → Trustee, 2024

    On filings since 2020

    No compensation reported

  • Susan Moore

    Director

    On filings since 2020

    40 hrs/week

    No compensation reported

  • Steve Koeller

    Trustee

    On filings since 2021

    0.3 hrs/week

    No compensation reported

  • Larry Dallas

    Trustee

    New on the 2024 filing

    0.3 hrs/week

    No compensation reported

  • Alan Dodds

    Ass't Treasurer

    CFO → Ass't Treasurer, 2021

    On filings since 2020

    2 hrs/week

    No compensation reported

  • Garret Thalgott

    Ass't Secretary

    On filings since 2020

    2 hrs/week

    No compensation reported

  • Geneva Aberle

    Ass't Treasurer

    On filings since 2020

    2 hrs/week

    No compensation reported

  • Jennifer Vance

    Ass't Secretary

    On filings since 2020

    2 hrs/week

    No compensation reported

  • Ken Cripe

    Secretary

    Trustee → Secretary, 2024

    On filings since 2021

    0.3 hrs/week

    No compensation reported

  • Mark Reichert

    Treasurer

    Trustee → Treasurer, 2024

    On filings since 2021

    0.3 hrs/week

    No compensation reported

  • Evan Hultine

    Vice President

    New on the 2024 filing

    0.3 hrs/week

    No compensation reported

Former officers (6)
  • Former: Tammy Halterman (2021–2023) — Treasurer
  • Former: Jim Jacobs (2020–2022) — Former General Counsel
  • Former: Brad Temple (2020) — Trustee
  • Former: Chad Schutz (2020) — Secretary
  • Former: David Serven (2020) — Treasurer
  • Former: Dennis Green (2020) — Trustee

Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Contact

Mailing address: 1701 Towanda Avenue, Bloomington, IL 61702
Phone: (309) 557-2218
Website: https://iaafoundation.org

Frequently asked questions about IAA Foundation

How much does IAA Foundation give each year?

IAA Foundation gave $636K across 69 grants in 2024, according to its 2024 IRS Form 990 filing. In 2023 it gave $632K across 70 grants.

What is IAA Foundation's typical grant size?

IAA Foundation's median grant in 2024 was $8,471, and its average grant was $9,217, across 69 grants on its 2024 IRS Form 990 filing. Organizations receiving their first grant from IAA Foundation that year got $8K on average.

Where does IAA Foundation give grants?

IAA Foundation gives mostly in Illinois: 100% of the grant dollars itemized on its 2024 IRS Form 990 filing went to recipients there. The most frequent recipient cities were Champaign, IL (2 grants) and Marion, IL (2 grants).

Does IAA Foundation give general operating support?

Not in 2024: none of the 69 grants with a stated purpose on IAA Foundation's 2024 IRS Form 990 filing were described as general or operating support. Recurring purposes include "Ag Literacy" (69 grants).

Who are IAA Foundation's largest grantees?

IAA Foundation's largest 2024 grantees include University of Illinois ($50,628), Agricultural Edu Partnership ($24,621) and Saline CFB Foundation ($15,754), according to its 2024 IRS Form 990 filing. Together they received 14% of its itemized 2024 grant dollars.

How large is IAA Foundation?

IAA Foundation reported $9.9M in total assets on its 2024 IRS Form 990 filing. Its revenue that year was $1.3M.

What does IAA Foundation fund?

The Foundation’s stated mission is “to fund education, research, and charitable activities that benefit Illinois farm families and agriculture.” Its filing describes funding for programs that educate elementary students and teachers about the importance of agriculture, as well as scholarships for students pursuing agriculture-related studies at colleges, universities, or vocational schools. The Foundation supports Illinois Agriculture in the Classroom through teacher and book grants, teacher tr…

How do I apply for a grant from IAA Foundation?

For college scholarships, complete the online application and all required elements. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑

What is IAA Foundation's EIN?

IAA Foundation's EIN (Employer Identification Number) is 37-1211315. IRS Form 990 filing data is available on this page for 2020–2024.

Data last updated September 2026. Sourced from IRS Form 990 filings. Research dossier generated September 2026.

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