IIAA Educational Foundation directs nearly all of its giving to support independent insurance agencies and related industry firms, largely through a TCDRF (COVID/disaster relief) grant program. Grants are targeted to individual member agencies—many in Kentucky or regionally named—indicating the foundation functions as an industry relief/assistance fund rather than a general charitable grantmaker. The giving is operational/contingency-focused, helping agencies manage pandemic- or crisis-related impacts.
Concentrated, programmatic giving: modest-to-mid-sized one-time grants distributed to multiple member/agency recipients through a single relief program (TCDRF). Funding is repeatable in theme but dispersed across many individual agencies rather than multi-year core support to a few nonprofits.
$97K
$843K
$46K
$129K
Most grants fall between $7K and $9K, with a median of $9K.
25th Percentile
$7K
Median
$9K
75th Percentile
$9K
About 0% of grants go to recipients in KY.
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Notable grantees: Independent Insurance Agents of Kentucky, Western Kentucky Insurance Agency, Walsh Duffield Companies Inc, Carlson & Carlson Incorporated, Bafumi Insurance Agency
2023
Source: IRS Form 990-PF, fiscal year 2023.
Most recent grants reported to the IRS.
| Recipient | Location | Amount | Year | Purpose |
|---|---|---|---|---|
| INDEPENDENT INSURANCE AGENTS OF KENTUCKY | JEFFERSONVILLE, KY | $20,250 | 2023 | TCDRF GRANT |
| WESTERN KENTUCKY INSURANCE AGENCY | MARYFIELD, KY | $10,000 | 2023 | TCDRF GRANT |
| LOXME GROUP INC | EAST NORTHPORT, NY | $8,500 | 2023 | TCDRF GRANT |
| WALSH DUFFIELD COMPANIES INC | BUFFALO, NY | $8,500 | 2023 | TCDRF GRANT |
| CARLSON & CARLSON INCORPORATED | NEW YORK, NY | $8,500 | 2023 | TCDRF COVID GRANT |
| BAFUMI INSSURANCE AGENCY | MIDDLETOWN, CT | $8,500 | 2023 | TCDRF COVID GRANT |
| MIKE PREIS INC | JEFFERSONVILLE, NY | $8,000 | 2023 | TCDRF COVID GRANT |
| MACKOUL RISK SOLUTION LLC | LONG BEACH, NY | $7,500 | 2023 | TCDRF GRANT |
| EIDMAN AGENCY INC | WEST NYACK, NY | $6,000 | 2023 | TCDRF GRANT |
| REDMAN AND COMPANY INSURANCE | COEUR DAALENE, ID | $6,000 | 2023 | TCDRF GRANT |
| MCRORIE-PEO AGENCY | NEW HARTFORD, NY | $5,500 | 2023 | TCDRF GRANT |
INDEPENDENT INSURANCE AGENTS OF KENTUCKY
$20,250TCDRF GRANT
WESTERN KENTUCKY INSURANCE AGENCY
$10,000TCDRF GRANT
LOXME GROUP INC
$8,500TCDRF GRANT
WALSH DUFFIELD COMPANIES INC
$8,500TCDRF GRANT
CARLSON & CARLSON INCORPORATED
$8,500TCDRF COVID GRANT
BAFUMI INSSURANCE AGENCY
$8,500TCDRF COVID GRANT
MIKE PREIS INC
$8,000TCDRF COVID GRANT
MACKOUL RISK SOLUTION LLC
$7,500TCDRF GRANT
EIDMAN AGENCY INC
$6,000TCDRF GRANT
REDMAN AND COMPANY INSURANCE
$6,000TCDRF GRANT
MCRORIE-PEO AGENCY
$5,500TCDRF GRANT