How the IWLA Endowment Operates
Endowment Administration
Organized in Chicago in 1922 by a group of 54 sportsmen, The Izaak Walton
League of America is
dedicated to the conservation, protection, maintenance and restoration of
America's natural resources... particularly its soil, woods, water, air and
wildlife.
It was only natural that the scope and complexity of these activities would
eventually require the formation of a specialized organization... an
organization dedicated to conservation goals through conservation education,
science, and the acquisition of endangered lands. Thus The Izaak Walton League
of America Endowment was formed.
One of the Endowment's main objectives has been the protection of unique
areas for the preservation, use and enjoyment of future generations. Some of
these acquisitions are donated outright to federal and state governments. The
largest part of the Endowment's acquisitions, however, are resold to the U.S.
Forest Service and the National Park Service, at cost or less, to become part of
the nation's parks, forests and public recreation areas.
The Endowment is also placing increasing emphasis on youth and conservation
education programs, providing funding for youth conferences and educational
activities. Over 31,000 students in Oregon recently participated in the
Endowment's Save Our Streams program.
The Endowment provides major funding for the popular television series, "Make
Peace with Nature"[1], which is now being shown throughout the east, the mid-west,
and the south. It is anticipated the series will have nationwide coverage in
the future.
As the American public awakens and reacts to current environmental problems--
the energy crisis, threats to our once abundant wildlife, endangered species,
and the need for greater protection of our parks and public lands-- the
existence and action programs of The Izaak Walton League of America
Endowment take on far-reaching importance.
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How the IWLA Endowment Operates
Over the years the Endowment has played a key role in being able to
step in quickly and purchase strategic parcels of private land. The Endowment
directors are geared to make quick decisions supported by financial action. Aid
to local chapters in the form of grants and loans is a frequent use of the
income from Endowment funds. The principal is left intact for future growth.
Later, as federal funds are made available, the outstanding areas are turned
over to the U.S. Forest Service or National Park Service, in order to preserve
them for all Americans for all time.
Through swift Endowment action, key parcels of land have been kept out of the
hands of speculators and commercial exploiters. In essence, the Endowment has
accomplished what the public alone could never have done for itself. And today,
lovely regions remain relatively untouched... where man can still go and find
solitude among the splendors of nature.
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Endowment Administration
Although The Izaak Walton League of America Endowment is a separate
corporation with its own specific purpose, the Endowment compliments the basic
philosophy and objectives of The Izaak Walton League of America. By virtue of its structure and
organization, the Endowment can act quickly and independently in carrying our
its special function.
Its management is conducted by a nine member board of directors, each serving
a three-year term. Officers and directors are elected independently from the
League's officers. They receive no remuneration for their services and often
absorb expenses of the Endowment from their own personal funds.
The Endowment receives no portion of League membership dues. Its sole
funding comes from individuals, foundations or corporations who share an
interest in helping conservation programs.
Operating expenses are minimal, amounting to less than 5% of the Endowment's
funds, thus assuring donors that over 95% of all gifts and donations are used
directly for conservation efforts. The Endowment is very proud of its record
and of the income generated from Endowment investments.
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The Million Dollar Club
Our Million Dollar Club is your opportunity to participate.
To keep pace with the growing needs of our environment, the Endowment finds
it necessary to broaden its base of financial resources. To accomplish this
goal, the Endowment has established the Million Dollar Club as a means of
raising one million dollars for a dedicated capital fund.
To become a member, pledge your donation of a thousand dollars or more,
payable either in a lump sum, or over a ten-year period. You may contribute in
whatever increments are most convenient; a hundred dollars a year, or
twenty-five dollars a year, or twenty-five dollars every three months.
Membership is open to individuals, clubs, companies and corporations. You may
also join in memory of a loved one. Endowment directors are available to
discuss specific projects or fields of interest you may wish to support. Gifts
to the Endowment qualify for tax deductions from adjusted gross income.*
Wills may be made out to The Izaak Walton League of America Endowment and are
deductible for purposes of federal estate taxes and state inheritance taxes.
Life income trusts may be more advantageous than wills to donors in higher
tax brackets. In a Life Income Trust, the Endowment receives assets, invests
them, and uses the fund for a conservation purpose which may be chosen by the
donor. information in how these trusts may benefit particular donors is
available from the Endowment Officers.
Gifts of land may be made, either for preservation as wilderness or
recreation, or for resale. Again there are tax advantages to the donor, and
Endowment officers will be pleased to discuss such gifts with you.
* 501 (c) (3) of the Internal Revenue Code. The Endowment identity number
is 36-6076589)
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Endowment Contact
Information
Izaak Walton League of America Endowment
Million Dollar Club
Robert C. Russell, Executive Secretary
P.O. Box 824
Iowa City, IA 52244
Phone: (319) 351-7037
Fax: (319) 351-7037
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