Delta Diablo (District) Integrated Financing Corporation (IFC) was established in 1988 as a Nonprofit Public Benefit Corporation for the purpose of providing financial assistance to the District.  The IFC meets annually before the first Board meeting of each year.  Also, each January the Board of Directors is required to elect IFC officers for the calendar year.  The bylaws of the corporation state that the Board members shall hold the same position on the IFC Board as they do on the District’s Board.