2026-06-23T14:24:43-05:00 2025-10-31 521392008 GELMAN ROSENBERG & FREEDMAN 4550 MONTGOMERY AVE SUITE 800N BETHESDA MD 208142930 990 2024-11-01 521358631 IFA FOUNDATION IFAF 2026288000 1201 NEW YORK AVENUE NW 300A WASHINGTON DC 200061135 AMY BROWN CHIEF FINANCIAL OFFICER 2026288000 2026-06-23 1 0 RICHARD J LOCASTRO CPA P00288314 3019519090 2024 2025-03-06 01:10:19Z AMY BROWN 1201 NEW YORK AVENUE NW 300A WASHINGTON DC 200061135 3568206 0 X HTTPS://WWW.FRANCHISE.ORG/FOUNDATION/ X 1983 DC SEE SCHEDULE O. 12 11 0 22 0 0 1797357 1299765 0 0 766864 640177 2548 0 2566769 1939942 0 7000 0 0 333053 664021 0 0 0 941271 1326453 1274324 1997474 1292445 -57532 10497533 10757969 324866 285551 10172667 10472418 X 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 PRACTICITIONERS; AND--INCREASING RECOGNITION OF FRANCHISING'S KEY ROLE IN THE FREE ENTERPRISE SYSTEM. 0 0 1997474 7000 THE FOUNDATION IS ORGANIZED AND OPERATED TO USE FUNDS DONATED BY IFA MEMBERS AND OTHERS, AND OTHER FUNDRAISING ACTIVITIES, TO FULFILL EDUCATIONAL OBJECTIVES, TO PROMOTE PROFESSIONAL DEVELOPMENT, AND TO EXPAND THE KNOWLEDGE AND AWARENESS OF FRANCHISING. THE FOUNDATION ALSO CONDUCTS AND SUPPORTS RESEARCH INTO ALL ASPECTS OF FRANCHISING, AND PROVIDES SCHOLARSHIPS TO STUDENTS ENGAGED IN BUSINESS STUDIES AT COLLEGES AND UNIVERSITIES. 1997474 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 12 11 0 0 0 0 1 1 0 1 1 0 0 1 1 0 0 0 0 0 0 0 X AMY BROWN CFO 2026288000 1201 NEW YORK AVE NW SUITE 300A WASHINGTON DC 20005 MATTHEW HALLER PRESIDENT & CEO, IFA 5.00 35.00 X X 0 1009480 135947 RICHARD SNOW CHAIR - DIVERSITY INSTITUTE BOARD 0.30 X 0 0 0 SEAN FALK CHAIR - VETFRAN COMMITTEE 0.30 0.30 X 0 0 0 TAMRA KENNEDY MEMBER (UNTIL 7/25) 0.30 0.30 X 0 0 0 JO KIRCHNER MEMBER 0.30 X 0 0 0 JOHN LANCASTER MEMBER 0.30 X 0 0 0 GORDON LOGAN MEMBER 0.30 X 0 0 0 JAMES MOWERY MEMBER (UNTIL 7/25) 0.30 X 0 0 0 PAUL PICKETT MEMBER (UNTIL 7/25) 0.30 X 0 0 0 KAREN SATTERLEE MEMBER 0.30 0.30 X 0 0 0 OMAR SIMMONS MEMBER 0.30 0.30 X 0 0 0 JJ SORRENTI MEMBER 0.30 X 0 0 0 JIM SQUIRE MEMBER 0.30 X 0 0 0 R SCOTT SUTTON MEMBER 0.30 X 0 0 0 STEVEN TURNER MEMBER (UNTIL 7/25) 0.30 X 0 0 0 EDITH WISEMAN MEMBER 0.30 X 0 0 0 RON FELDMAN CHAIR 0.30 0.30 X 0 0 0 CATHERINE MONSON VICE CHAIR 0.30 0.30 X 0 0 0 STEVE WHITE IMMEDIATE PAST CHAIR 0.30 0.30 X 0 0 0 BILL HALL TREASURER - NON-VOTING 0.30 0.00 X 0 0 0 0 1009480 135947 0 0 1 0 0 1299765 1299765 234987 234987 2033454 1628264 405190 405190 405190 1939942 0 0 640177 X 7000 7000 517908 517908 18993 18993 85899 85899 41221 41221 267 267 33454 33454 955097 955097 32803 32803 1838 1838 15716 15716 93777 93777 193914 193914 MERCHANT FEES 7631 7631 SUBSCRIPTIONS AND DUES 4357 4357 BAD DEBT -12401 -12401 1997474 1997474 0 0 286356 1577511 2135526 2473771 8930 7780 5771635 6698907 2295086 10497533 10757969 47734 129808 277132 155743 324866 285551 X 7106840 7406591 3065827 3065827 10172667 10472418 10497533 10757969 -57532 357283 0 X 0 1 X 1 0 X 348057 284761 715149 1797357 1299765 4445089 348057 284761 715149 1797357 1299765 4445089 1793458 2651631 100854 141341 202839 235845 234987 915866 2548 2548 5363503 0.49440 0.67910 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 DUE TO IFA 155743 155743 2263771 357283 357283 1906488 33454 33454 1939942 1964020 0 1964020 33454 33454 1997474 1 UNIVERSITY OF NEW HAMPSHIRE 21 MADBURY ROAD DURHAM NH 03824 026000937 501(C)(3) 6000 0 CONTRIBUTION TO COVER 50% OF EXPENSES INCURRED IN CREATING SOCIAL FRANCHISING VIDEO CONTENT 1 0 PART I, LINE 2: THE ORGANIZATION DOES NOT REGULARLY MAKE GRANTS TO OTHER ORGANIZATIONS OR INDIVIDUALS. HOWEVER, IN CASES WHERE THE ORGANIZATION PROVIDES CONTRIBUTIONS DIRECTLY TO OTHER ENTITIES, IT MAINTAINS OVERSIGHT THROUGH THE FOLLOWING PROCEDURES: PRIOR TO DISBURSING ANY FUNDS, THE ORGANIZATION REQUIRES DOCUMENTATION SUBSTANTIATING THE NEED FOR SUCH ASSISTANCE. ALL DISBURSEMENTS ARE APPROVED BY THE DEPARTMENT HEAD, CONTROLLER AND CFO. IF THE AMOUNT IS OVER A CERTAIN THRESHOLD, IT IS ALSO APPROVED BY THE CEO AND BOARD TREASURER IN ACCORDANCE WITH THE ORGANIZATION'S FINANCIAL POLICIES. 0 0 0 0 0 0 0 0 0 MATTHEW HALLER PRESIDENT & CEO, IFA 0 784480 0 225000 0 0 0 118438 0 17509 0 1145427 0 0 PART I, LINE 3 COMPENSATION IS DETERMINED BY A RELATED ORGANIZATION, INTERNATIONAL FRANCHISE ASSOCIATION, IFA. IFA UTILIZES THE FOLLOWING METHODS TO ESTABLISH COMPENSATION: - COMPENSATION COMMITTEE - WRITTEN EMPLOYMENT CONTRACT - APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE FORM 990, PART I, LINE 1 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. FORM 990, PART VI, SECTION A, LINE 6 THE FOUNDATION HAS REGULAR MEMBERS; REGULAR MEMBERS SHALL BE THE CONTRIBUTORS TO THE FOUNDATION. FORM 990, PART VI, SECTION A, LINE 7A THE FOUNDATION, PER ITS BYLAWS, HAS 28 TRUSTEES. EIGHT MEMBERS OF THE BOARD OF DIRECTORS OF THE INTERNATIONAL FRANCHISE ASSOCIATION SERVE ON THE FOUNDATION BOARD OF TRUSTEES. THE INTERNATIONAL FRANCHISE ASSOCIATION IS A RELATED ENTITY. TRUSTEES ARE NOMINATED FOR POSITIONS ON THE FOUNDATION'S BOARD OF TRUSTEES BY THE FOUNDATION'S EXECUTIVE COMMITTEE. THE FOUNDATION'S EXECUTIVE COMMITTEE CONSISTS OF THE BOARD CHAIRMAN, IMMEDIATE PAST CHAIRMAN, FIRST VICE CHAIRMAN, SECOND VICE CHAIRMAN, SECRETARY-TREASURER, AND AT LARGE-MEMBERS. THE AT-LARGE MEMBERS ARE CHAIRMAN OF THE ICFE BOARD OF GOVERNORS, CHAIRMAN OF THE DIVERSITY INSTITUTE BOARD, CHAIRMAN OF THE NEXTGEN IN FRANCHISING COMMITTEE, AND CHAIRMAN OF THE VETFRAN COMMITTEE. EX OFFICIO MEMBERS ARE THE FOUNDATION PRESIDENT, THE IFA CEO, AND THE FOUNDATION GENERAL COUNSEL. FORM 990, PART VI, SECTION B, LINE 11B THE CHIEF FINANCIAL OFFICER REVIEWED THE FORM 990 AFTER PREPARATION BY AN OUTSIDE ACCOUNTING FIRM. A COPY OF THE 990 WAS PROVIDED TO THE BOARD FOR REVIEW AND APPROVAL PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 15 SALARIES OF THE FOUNDATION EMPLOYEES ARE PAID BY THE INTERNATIONAL FRANCHISE ASSOCIATION (IFA), A RELATED EXEMPT 501(C)(6) ORGANIZATION. FORM 990, PART VI, SECTION C, LINE 19 THE FOUNDATION MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART VI, SECTION A, LINE 1A THE FOUNDATION'S EXECUTIVE COMMITTEE EXERCISES AUTHORITY OF THE BOARD OF TRUSTEES DURING THE PERIODS BETWEEN BOARD MEETINGS, WITH THE EXCEPTION OF ANY POWERS SPECIFICALLY RESERVED FOR THE BOARD BY OPERATION OF DISTRICT OF COLUMBIA LAW, OR BY RESOLUTION OF THE BOARD. THE FOUNDATION'S EXECUTIVE COMMITTEE CONSISTS OF THE BOARD CHAIRMAN, IMMEDIATE PAST CHAIRMAN, FIRST VICE CHAIRMAN, SECOND VICE CHAIRMAN, SECRETARY-TREASURER, AND AT LARGE-MEMBERS. THE AT-LARGE MEMBERS ARE CHAIRMAN OF THE ICFE BOARD OF GOVERNORS, CHAIRMAN OF THE DIVERSITY INSTITUTE BOARD, CHAIRMAN OF THE NEXTGEN IN FRANCHISING COMMITTEE, AND CHAIRMAN OF THE VETFRAN COMMITTEE. EX OFFICIO MEMBERS ARE THE FOUNDATION PRESIDENT, THE IFA CEO, AND THE FOUNDATION GENERAL COUNSEL. FORM 990, PART IX, LINE 11G CONSULTING: PROGRAM SERVICE EXPENSES 492,828. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 492,828. RESEARCH: PROGRAM SERVICE EXPENSES 399,446. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 399,446. PUBLIC RELATIONS: PROGRAM SERVICE EXPENSES 50,000. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 50,000. OTHER PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 12,823. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 12,823. INTERNATIONAL FRANCHISE ASSOCIATION 1201 NEW YORK AVE NW SUITE 300A WASHINGTON DC 20005 366108621 PROTECTS, ENHANCES, AND PROMOTES FRANCHISING IL 501(C)(6) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 INTERNATIONAL FRANCHISE ASSOCIATION P 2048000 BASED ON AMOUNTS INCURRED