Farm Foundation
- Assets
- $3.0m
- Revenue
- $3.8m
- Investments
- $0.0
- Employees
- 9
- Location
- Oak Brook, IL
- Founding
- 08/2009
- Data as of
- 12/2021
- EIN
- 26-4499028
Organization Overview
Farm Foundation is located in Oak Brook, IL. The organization was established in 2009. According to its NTEE Classification (K20) the organization is classified as: Agricultural Programs, under the broad grouping of Food, Agriculture & Nutrition and related organizations. As of 12/2021, Farm Foundation employed 9 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Farm Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Farm Foundation generated $3.8m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.3% each year. All expenses for the organization totaled $2.4m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
BUILD TRUST AND UNDERSTANDING AT THE INTERSECTIONS OF AGRICULTURE AND SOCIETY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ROUND TABLE, A PROGRAM OF FARM FOUNDATION, IS AN INVITATIONAL GROUP OF AGRICULTURAL AND AGRIBUSINESS LEADERS FROM ACROSS THE FOOD SYSTEM AND ACROSS THE UNITED STATES AND CANADA. THEY MEET TWICE A YEAR TO DISCUSS EVOLVING ISSUES FACING AGRICULTURE, THE FOOD SYSTEM, AND RURAL REGIONS. THE MEETINGS ARE OPPORTUNITIES FOR MEMBERS AND THEIR GUESTS TO INTERACT, AND GAIN NEW PERSPECTIVES ON TIMELY ISSUES. THE MEETINGS PROVIDE INFORMATION MEMBERS CAN USE IN THEIR OWN BUSINESS, OR IN THEIR OWN PERSONAL EFFORTS ON BEHALF OF AGRICULTURE AND RURAL PEOPLE.
EXAMINED PRODUCER MOTIVATIONS AND OBSTACLES TO UTILIZING GOVERNMENT CONSERVATION PRACTICES, CONVENED VIRTUAL POLICY WORKSHOPS ON ADVANCING DATA INTEROPERABILITY SOLUTIONS AND TRADE ISSUES, PROMOTED ACCESS TO MENTAL HEALTH AND OTHER RESOURCES TO FARMERS AND THEIR FAMILIES, EXPANDED OUR NEXT GENERATION PROGRAMMING FOR YOUNG FARMERS AND YOUNG AGRI-FOOD LEADERS AND PUBLISHED A PAPER ON DATA INTEROPERABILITY IN AGRICULTURE.
HOSTED A SERIES OF FARM FOUNDATION FORUMS TO PROMOTE DISCUSSION OF CRITICAL ISSUES IMPACTING AGRICULTURE, THE FOOD SYSTEM AND RURAL COMMUNITIES.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Shari Rogge-Fidler President | Officer | 36 | $355,389 |
Tim Brennan Vice President Of External | 40 | $163,995 | |
Amy Keane Secretary, VP Of Finance | Officer | 36 | $163,909 |
Martha King Vice President, Programs A | 40 | $158,142 | |
Dan Basse Vice Chair | OfficerTrustee | 1 | $0 |
Elizabeth Hund Treasurer | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $1,739,000 |
| Government grants | $82,709 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,882,279 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,703,988 |
| Total Program Service Revenue | $62,900 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,766,888 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $724,762 |
| Compensation of current officers, directors, key employees. | $388,831 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $476,615 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $60,681 |
| Payroll taxes | $164,631 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $29,307 |
| Fees for services: Accounting | $14,340 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $416,510 |
| Advertising and promotion | $110,593 |
| Office expenses | $31,533 |
| Information technology | $63,781 |
| Royalties | $0 |
| Occupancy | $84,642 |
| Travel | $36,780 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $20,261 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $7,024 |
| Insurance | $8,249 |
| All other expenses | $11,023 |
| Total functional expenses | $2,391,599 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,212,345 |
| Savings and temporary cash investments | $785,311 |
| Pledges and grants receivable | $858,774 |
| Accounts receivable, net | $33,814 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $125,343 |
| Net Land, buildings, and equipment | $9,191 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $8,504 |
| Total assets | $3,033,282 |
| Accounts payable and accrued expenses | $314,648 |
| Grants payable | $0 |
| Deferred revenue | $109,005 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $423,653 |
| Net assets without donor restrictions | $998,881 |
| Net assets with donor restrictions | $1,610,748 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $3,033,282 |
Grants Recieved
Over the last fiscal year, we have identified 13 grants that Farm Foundation has recieved totaling $441,302.
| Awarding Organization | Amount |
|---|---|
Bnsf Foundation Fort Worth, TX PURPOSE: CIVIC | $100,000 |
Bnsf Foundation Fort Worth, TX PURPOSE: CIVIC | $100,000 |
Bnsf Foundation Fort Worth, TX PURPOSE: CIVIC | $100,000 |
Silicon Valley Community Foundation Mountain View, CA PURPOSE: Food Security | $30,000 |
Charles Koch Institute Arlington, VA PURPOSE: EDUCATION | $29,700 |
De Jong Foundation Hartley, TX PURPOSE: INNOVATION / EDUCATION CENTER | $25,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
National Corn Growers Association Chesterfield, MO | $16,422,383 | $19,831,099 |
Midwest Oper Engineers Construction Industry Research & Serv Tr Fund Countryside, IL | $12,085,029 | $17,769,884 |
Illinois Soybean Board Bloomington, IL | $24,441,630 | $21,800,549 |
Food Export Association Of The Midwest Usa Chicago, IL | $3,109,779 | $15,548,836 |
Illinois Corn Marketing Board Bloomington, IL | $11,624,886 | $11,889,515 |
Kentucky Farm Bureau Federation Louisville, KY | $26,799,792 | $14,351,168 |
Illinois Farm Business Farm Management Association Urbana, IL | $13,036,050 | $15,163,165 |
Indiana Farm Bureau Indianapolis, IN | $22,690,251 | $11,074,675 |
National Swine Registry West Lafayette, IN | $2,564,738 | $7,027,546 |
National Snaffle Bit Association Inc Gurnee, IL | $5,863,990 | $6,575,627 |
Seed Savers Exchange Inc Decorah, IA | $8,340,832 | $6,859,116 |
Wisconsin Soybean Marketing Board Inc Madison, WI | $9,285,621 | $7,489,309 |