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Iowa Golf Association Foundation

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 271856546 ✦ Ankeny, IA ✦ Designated as a 501(c)(3)

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Overview

What is Iowa Golf Association Foundation?

The Iowa Golf Association Foundation, based in Ankeny, Iowa, serves as the charitable arm of the Iowa Golf Association, fostering the love for golf in the state. Their primary activities include raising tax-deductible contributions to support their charitable purposes. These purposes encompass granting college scholarships, administering the Iowa Golf Hall of Fame, and supporting various programs such as junior golf, turfgrass research, and other initiatives. Specifically, they award four 4-year scholarships annually through the Herman Sani College Scholarships and five 1-year scholarships through the Ann Griffel College Scholarships. The foundation's mission is to preserve, protect, and promote the spirit and best interests of the game of golf in Iowa.


Official website here: www.iowagolf.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 69%, earning a Two-Star out of Four Star rating.

The Iowa Golf Association Foundation has received a moderate assessment, as indicated by its 69% rating and Two-Star designation. This score reflects a good commitment to accountability and financial management, particularly highlighted by the foundation's 80.79% program expense ratio, showing a strong focus on programmatic spending.

Strengths of the organization include a fully independent board and a transparent approach to board meeting documentation, both of which contribute positively to governance. However, significant limitations exist, particularly regarding the absence of key policies such as a conflict of interest policy, whistleblower policy, and document retention policy, which detracts from its overall accountability score. Addressing these areas could improve the foundation's governance and transparency.


This AI summary has been generated from information found on Charity Navigator.

Is Iowa Golf Association Foundation legitimate?

Iowa Golf Association Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Iowa Golf Association Foundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.iowagolf.org

What is the mission statement of Iowa Golf Association Foundation?

The Iowa Golf Association Foundation serves to safeguard, uphold, and enhance the essence of golf. Its primary activities involve garnering tax-deductible contributions to fund its charitable objectives. These objectives encompass granting college scholarships, managing the Iowa Golf Hall of Fame, and supporting junior golf, turfgrass research, and various other programs. The foundation, being the charitable arm of the Iowa Golf Association, works towards preserving, protecting, and promoting the best interests and spirit of golf for the ongoing delight of golf enthusiasts.


Official website here: www.iowagolf.org

Who is the CEO of Iowa Golf Association Foundation?

Chad Pitts is the President & Director of Iowa Golf Association Foundation.


Official website here: www.iowagolf.org

What is the revenue of Iowa Golf Association Foundation?

Iowa Golf Association Foundation's revenue in 2022 was $1,025,930.


Official website here: www.iowagolf.org

Who are the executives of Iowa Golf Association Foundation and what are their salaries?


Here are 10 key members and their salaries:


Steve Jermier (President & Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Charles Taylor (Vice President & Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Gambaiana (Secretary & Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Matovina (Treasurer & Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michelle Klein (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Purcell (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andy Burton (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Leighann Larocca (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ron Van Buskirk (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chad Pitts (Executive Director)
  • Compensation: $0
  • Related: $97,000
  • Other: $2,910


Official website here: www.iowagolf.org

Where can I find the form 990 for Iowa Golf Association Foundation?

Iowa Golf Association Foundation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.iowagolf.org

Learn more at the official website: www.iowagolf.org

Mission Statement of Iowa Golf Association Foundation

The Iowa Golf Association Foundation, as the charitable arm of the Iowa Golf Association, is committed to preserving, protecting, and promoting the spirit and best interests of golf. Its primary objectives include generating tax-deductible contributions to fund its charitable pursuits. The foundation's activities encompass various aspects, including the granting of college scholarships, administering the Iowa Golf Hall of Fame, and supporting junior golf, turfgrass research, and other programs. The Iowa Golf Association Foundation plays a significant role in fostering the love and enjoyment of golf among its enthusiasts.

In line with its mission, the foundation awards several scholarships to deserving individuals. Four 4-year scholarships, known as the Herman Sani College Scholarships, are granted annually. Similarly, five 1-year scholarships, named the Ann Griffel College Scholarships, are also awarded each year. These scholarships serve as a testament to the foundation's dedication to supporting the education and future of young golfers. Moreover, the Iowa Golf Association Foundation manages the Iowa Golf Hall of Fame, honoring individuals who have made significant contributions to golf in the state of Iowa. By engaging in these activities, the foundation aims to promote the game of golf and nurture its future generations.

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Impact




October, 2024

The Iowa Golf Association Foundation significantly impacts the golfing community and the broader Iowa community by preserving, protecting, and promoting the values and spirit of the game of golf. Its activities encompass a variety of charitable efforts, including granting college scholarships that support aspiring young golfers. Each year, the foundation awards four four-year Herman Sani scholarships and five one-year Ann Griffel scholarships, helping students pursue their education while fostering their passion for the sport.

In addition to education, the foundation plays a crucial role in supporting junior golf programs, ensuring that young players have access to opportunities that can shape their future both on and off the course. It also contributes to turfgrass research and administers the Iowa Golf Hall of Fame, which honors significant contributors to the golf community and inspires future generations.

Through its diverse initiatives, the Iowa Golf Association Foundation enhances the enjoyment of golf, encourages youth participation, and promotes educational advancement, making a lasting impact on individuals and the state’s golfing culture.




This information is meant to be a general summary of Iowa Golf Association Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$1,025,930 (2022)
Expenses
$102,142 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $23,303
  • Program Service Revenue: $11,851
  • Gross Receipts: $1,089,021

Assets and Liabilities:

  • Total Assets: $2,376,209
  • Total Liabilities: $41,622
  • Net Assets: $2,334,587

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

YOUTH ON COURSE MEMBER

Revenue

$9,495

HALL OF FAME INDUCTION

Revenue

$2,356

Organization Details

Founding Year

2009

Principal Officer

Chad Pitts

Main Address

1605 N ANKENY BLVD 210, ANKENY, IA, 50023

NTEE Category

Code: B82 - Education

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