Overview

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Est.

1983

Fiscal Year Start

Nov 1

Organization Type

Grantseeker

AI Summary

The IFA Foundation, with EIN 52-1358631, is a nonprofit organization dedicated to advancing franchising and the free enterprise system through initiatives focused on education, professional standards, and research in the franchising community. Operating with a budget of $1.3 million and generating total revenue of $2.6 million in 2024, the foundation aims to enhance knowledge among practitioners and promote the significance of franchising in the economy. The organization does not rely on a single funder for 50% or more of its revenue and can be found online at https://www.franchise.org/foundation/.

Mission Statement

ADVANCING FRANCHISING AND THE FREE ENTERPRISE SYSTEM BY:--INCREASING THE KNOWLEDGE AND PROFESSIONAL STANDARDS OF ALL MEMBERS OF THE FRANCHISING COMMUNITY,--EDUCATING THE NEXT GENERATION OF FRANCHISING PRACTITIONERS,--INCREASING RECOGNITION OF FRANCHISING'S KEY ROLE IN THE FREE ENTERPRISE SYSTEM, AND--PROVIDING COMPREHENSIVE INFORMATION AND RESEARCH ABOUT IMPORTANT DEVELOPMENTS AND TRENDS IN FRANCHISING.
Revenues
$2.6M
Expenses
$1.3M
Net Income:
+$1.3M
Assets
$10.5M
Liabilities
$324.9K
Net Assets:
+$10.2M
Operating Budget
$1.3M
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
5
Median grant size
$50K
Largest grant received
$60K
J
James Mowery Cfe
Board Member
S
Steven Turner
Board Member
S
Steve White
Board Member

Frequently Asked Questions

What is IFA FOUNDATION’s budget?
In 2024, IFA FOUNDATION reported an annual operating budget of around $1.3 million. More detailed financial information is available to registered users.
What causes does IFA FOUNDATION support?
IFA FOUNDATION supports work in Scholarships & Financial Aid.
Where does IFA FOUNDATION operate?
IFA FOUNDATION is headquartered in Washington, DC.
Who funded IFA FOUNDATION recently?
In 2024, IFA FOUNDATION received grants from Inspire Brands Foundation Inc, NATL CHRISTIAN CHARITABLE FDN INC, and DINE BRANDS GLOBAL FOUNDATION INC. More information on this organization’s funders is available to registered users.
What is the largest grant IFA FOUNDATION received in 2024?
The largest grant to IFA FOUNDATION in 2024 exceeds $60 thousand.