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    SEC Form SC 13G/A filed by IF Bancorp Inc. (Amendment)

    1/25/24 4:32:41 PM ET
    $IROQ
    Savings Institutions
    Finance
    Get the next $IROQ alert in real time by email
    SC 13G/A 1 sc13g-a_2023foundation.htm IF BANCORP, INC./IROQUOIS FEDERAL FOUNDATION, INC. SCHEDULE 13G (AMENDMENT 10) DECEMBER 31, 2023
    UNITED STATES
    SECURITIES AND EXCHANGE COMMISSION
    Washington, D.C.  20549


    SCHEDULE 13G

    Under the Securities Exchange Act of 1934

    (Amendment 10)*


    IF Bancorp, Inc.
    (Name of Issuer)


    Common Stock, par value $0.01 per share
    (Title of Class of Securities)

    44951J 105
    (CUSIP Number)

    December 31, 2023
    (Date of Event Which Requires Filing of This Statement)

    Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

    ☐
    Rule 13d-1(b)

    ☒
    Rule 13d-1(c)

    ☐
    Rule 13d-1(d)

    *The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.

    The information required in the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).





    Page 1 of 5 Pages


    CUSIP NO. 44951J 105
    13G
    Page 2 of 5 Pages

    1
    Names of Reporting Persons
     
    Iroquois Federal Foundation, Inc.
    2
    Check the Appropriate Box if a Member of a Group (See Instructions)
     
    (a) ☐
    (b) ☐
    3
    SEC Use Only
    4
    Citizenship or Place of Organization
     
    Delaware
    Number of Shares Beneficially Owned by Each Reporting Person With:
    5
    Sole Voting Power
     
    209,755
    6
    Shared Voting Power
     
    0
    7
    Sole Dispositive Power
     
    209,755
    8
    Shared Dispositive Power
     
    0
    9
    Aggregate Amount Beneficially Owned by Each Reporting Person
     
    209,755
    10
    Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)
     
    ☐
    11
    Percent of Class Represented by Amount in Row 9
     
    6.3% of 3,354,626 shares of Common Stock outstanding as of December 31, 2023.
    12
    Type of Reporting Person (See Instructions)
     
    CO


    CUSIP NO. 44951J 105
    13G
    Page 3 of 5 Pages

    Item 1


    (a)
    Name of Issuer

    IF Bancorp, Inc.


    (b)
    Address of Issuer’s Principal Executive Offices

    201 E. Cherry Street
    Watseka, Illinois 60970

    Item 2


    (a)
    Name of Person Filing

    Iroquois Federal Foundation, Inc.


    (b)
    Address of Principal Business Office

    201 E. Cherry Street
    Watseka, Illinois 60970


    (c)
    Citizenship or Place of Organization

    See Page 2, Item 4.


    (d)
    Title of Class of Securities

    Common Stock, par value $0.01 per share


    (e)
    CUSIP Number

    See Page 1.

    Item 3.
    If this statement is filed pursuant to §§240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:

    Items (a) – (j) are not applicable.


    CUSIP NO. 44951J 105
    13G
    Page 4 of 5 Pages

    Item 4.
    Ownership

    Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1.


    (a)
    Amount beneficially owned: See Page 2, Item 9.

    (b)
    Percent of class: See Page 2, Item 11.

    (c)
    Number of shares as to which the person has:


    (i)
    Sole power to vote or to direct the vote: See Page 2, Item 5.

    (ii)
    Shared power to vote or to direct the vote: See Page 2, Item 6.

    (iii)
    Sole power to dispose or to direct the disposition of: See Page 2, Item 7.

    (iv)
    Shared power to dispose or to direct the disposition of: See Page 2, Item 8.

    Item 5.
    Ownership of Five Percent or Less of a Class

    Not applicable

    Item 6.
    Ownership of More Than Five Percent on Behalf of Another Person

    Not applicable

    Item 7.
    Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person

    Not applicable

    Item 8.
    Identification and Classification of Members of the Group

    Not applicable.

    Item 9.
    Notice of Dissolution of Group

    Not applicable

    Item 10.
    Certification

    By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under §240.14a-11.

    CUSIP NO. 44951J 105
    13G
    Page 5 of 5 Pages

    SIGNATURE


    After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.


     
    IROQUOIS FEDERAL FOUNDATION, INC.
       
       
    Date: January 25, 2024
     /s/ Walter H. Hasselbring, III
     
    Name: Walter H. Hasselbring, III
     
    Title: President

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