The AFM & SAG-AFTRA Intellectual Property Rights Distribution Fund is a 501c(6) not-for-profit royalty collective. Serving as a third party administrator for the American Federation of Musicians (AFM) and the American Federation of Television and Radio Artists/Screen Actors Guild (SAG-AFTRA), the Fund's purpose is to collect and distribute royalties from various foreign territories and royalties established by government statute under U.S. Copyright Law.