2022 Yearbook

135 2022 2021 SUPPORT AND REVENUE Unrestricted Funds Donations 3,857 $ 17,327 $ Youth on CourseDonations and Memberships 19,638 17,973 Partners Program (net of expenses) 24,982 27,174 Iowa Golf Hall of Fame Induction Ceremony and Donations 5,923 9,364 Iowa Golf History Book Sales and Donations 1,483 2,701 Golf House Iowa Donations 919,638 817,884 Herman Sani and Ann Griffel Scholarship Donations 27,213 27,586 Scholarship Fundraising Events (net of expenses) - 1,500 Interest, Dividends and Realized Gains 23,303 44,598 1,026,037 966,107 EXPENSES Youth on Course 20,329 8,633 Iowa Golf Hall of Fame 5,701 9,384 Iowa Golf History Book 1,565 602 Golf House Iowa - Feasibility and Fundraising 570 6,629 Herman Sani Scholarship Grants and Expenses 32,188 32,171 Ann Griffel Scholarship Grants and Expenses 10,235 10,214 Junior Golf Support Grants 5,000 3,000 Environmental and Turf Research Grants 4,000 4,000 Management and Operations Expenses 20,093 18,091 Investment Management Fees 2,568 2,850 102,249 95,574 REVENUE less EXPENSES 923,788 $ 870,533 $ ASSETS Scholarship Funds - Community Foundation of Greater DesMoines 490,405 $ 578,604 $ Bank Accounts and Temporary Cash Investments 1,772,411 908,038 Golf House Iowa 100,002 - Book Inventory 11,677 11,862 Other Assets 1,714 9,775 2,376,209 $ 1,508,279 $ NET ASSETS / FUND BALANCES Beginning of the Year 1,508,261 $ 620,145 $ Revenue less Expenses 923,788 870,533 Increase (Decrease) in Net Unrealized Gains on Investments (97,462) 17,583 End of the Year 2,334,587 $ 1,508,261 $ IGA Foundation Statement of Activities and Financial Position 2022 Financials