The Idaho Cattle Foundation, Inc., was established by the Idaho Cattle Association in May of 2009. The ICA was the original donor, providing the funds necessary to establish the endowment trust. Since that time the Foundation has received contributions from many supporters and friends of the Idaho cattle industry.

The Foundation is qualified as an IRS 501(c)(3) tax exempt organization, thereby enabling qualified donors to receive tax benefits for their contributions. The Foundation is organized exclusively for charitable, scientific, literary, or educational purposes within the meaning of 501(c)(3) of the Internal Revenue Code, including but not limited to funding and performing research activities which will improve practices in the beef industry in Idaho; educating tax-exempted producers about sound environmental stewardship practices; educating the public at large about the beef industry's important role in providing a healthy food source to the citizens of our nation and other nations and about the beef industry's important impact on the Idaho economy.

The Foundation is managed by an independent Board of Directors.

Idaho Cattle Association past presidents are advisers to the Idaho Cattle Foundation Directors.