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        <FormAndLineReferenceDesc>PART II, LINE 1</FormAndLineReferenceDesc>
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      <SupplementalInformationDetail>
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        <ExplanationTxt>DIRECTORS DICKSON AND LUANN JENSEN LOANED THE IOWA YOUTH BASKETBALL FOUNDATION FUNDS FOR THE PURCHASE OF A GYMNASIUM AT 1010 DICKINSON IN AMES, IOWA.</ExplanationTxt>
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        <FormAndLineReferenceDesc>FORM 990, PART VI, SECTION A, LINE 2</FormAndLineReferenceDesc>
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      <SupplementalInformationDetail>
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        <ExplanationTxt>PRIOR TO FILING FORM 990, A COPY IS PROVIDED TO THE BOARD OF DIRECTORS FOR REVIEW AND APPROVAL.</ExplanationTxt>
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      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PART VI, SECTION B, LINE 12C</FormAndLineReferenceDesc>
        <ExplanationTxt>EACH DIRECTOR ANNUALLY SIGNS A STATEMENT WHICH AFFIRMS THAT THEY: A. RECEIVED A COPY OF THE CONFLICTS OF INTEREST POLICY. B. READ AND UNDERSTAND THE POLICY. C. AGREE TO COMPLY WITH THE POLICY. D. UNDERSTAND THAT THE CORPORATION IS A CHARITABLE CORPORATION AND THAT IN ORDER TO MAINTAIN ITS FEDERAL TAX EXEMPTION IT MUST ENGAGE PRIMARILY IN ACTIVITIES WHICH ACCOMPLISH ONE OR MORE OF ITS TAX-EXEMPT PURPOSES.</ExplanationTxt>
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      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PART VI, SECTION C, LINE 19</FormAndLineReferenceDesc>
        <ExplanationTxt>THE ORGANIZATION'S GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST.</ExplanationTxt>
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        <MethodOfAmountDeterminationTxt>OFFICE RENT</MethodOfAmountDeterminationTxt>
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</Return>
