According to the Izaak Walton League of America (IWLA) audit of December 31, 2023 (Note 12, Subsequent Events): "In preparing these financial statements, IWLA has evaluated events and transactions for potential recognition or disclosure through June 18, 2024, which is the date the financial statements were available to be issued. Except as disclosed in Note 3, [t]here were no subsequent events identified requiring disclosure or recognition in the financial statements."
According to the Izaak Walton League of America (IWLA) audit of December 31, 2023 (Note 3, Charitable Remainder Unitrust): "IWLA is the beneficiary of a charitable remainder unitrust (the Trust). Under the terms of the Trust, annual payments from the Trust are made to the grantors during their lifetimes. The term of the Trust endures until the death of the survivor recipient. At the end of the Trust, the remaining assets will be distributed to IWLA... ...During November 2023, the last remaining survivor recipient passed away, resulting in the end of the Trust. During May 2024, the probate process was finalized and on June 10, 2024, IWLA received a final disbursement of remaining trust assets in the amount of $4,166,220."
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