2024 IGA Yearbook

143 2024 2023 SUPPORT AND REVENUE Unrestricted Funds Donations 58,623 $ 12,955 $ Youth on Course Donations and Memberships 23,283 35,937 Partners Program (net of expenses) 19,837 18,712 Iowa Golf Hall of Fame Induction Ceremony and Donations 2,563 7,537 Iowa Golf History Book Sales 570 1,755 Golf House Iowa Donations 485,832 2,635,201 Herman Sani and Ann Griffel Scholarship Donations 27,763 36,079 Tournament Travel Donations 6,000 - Interest, Dividends and Realized Gains 32,022 115,638 656,493 2,863,814 EXPENSES Youth on Course Subsidies and Expenses 15,000 38,147 Iowa Golf Hall of Fame 12,382 14,781 Iowa Golf History Book 340 992 Golf House Iowa Depreciation 115,464 - Golf House Iowa Interest Expense 11,596 - Golf House Iowa Expenses 680 1,263 Herman Sani Scholarship Grants and Expenses 32,193 32,314 Ann Griffel Scholarship Grants and Expenses 10,241 10,365 Junior Golf Support Grants 9,000 6,000 Environmental and Turf Research Grants 4,000 4,000 Tournament Travel Grants 3,000 - Management and Operations 31,092 26,502 Investment Management Fees 2,819 2,562 247,807 136,926 REVENUE less EXPENSES 408,686 $ 2,726,888 $ ASSETS Community Foundation of Greater Des Moines 581,760 $ 534,716 $ Bank Accounts and Temporary Cash Investments 78,162 409,723 Golf House Iowa 4,951,181 4,475,394 Golf Histroy Book Inventory 11,191 11,311 Other Assets 5,100 1,428 5,627,394 $ 5,432,572 $ NET ASSETS / FUND BALANCES Beginning of the Year 5,108,064 $ 2,334,587 $ Revenue less Expenses 408,686 2,726,888 Increase (Decrease) in Net Unrealized Gains on Investments 19,180 46,589 End of the Year 5,535,930 $ 5,108,064 $ IGA Foundation Statement of Activities and Financial Position 2024 2024 Financials