Forage & Grassland Foundation Inc
- Assets
- $647.1k
- Revenue
- $55.4k
- Investments
- $0.0
- Employees
- 0
- Location
- Lexington, KY
- Founding
- 04/1984
- Data as of
- 12/2021
- EIN
- 31-1093415
Organization Overview
Forage & Grassland Foundation Inc is located in Lexington, KY. The organization was established in 1984. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Forage & Grassland Foundation Inc 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, Forage & Grassland Foundation Inc generated $55.4k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 13.1% each year . All expenses for the organization totaled $29.3k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Forage & Grassland Foundation Inc has awarded 54 individual grants totaling $201,702. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
EDUCATIONAL CONFERENCES, TRAVEL & FIELD DAYS: EXEMPT PURPOSE ACTIVITIES IN SUPPORT OF EDUCATION AND EXPLORATORY TRAVEL/REASEARCH (U.S. AND INTERNATIONAL LEVEL), REGARDING THE PRODUCTION, SUSTAINABILITY, AND ADVANCEMENT OF QUALTIY FORAGES & GRASSLANDS THAT BENEFIT THE FORAGE/LIVESTOCK INDUSTRY AND U.S. AGRICULTURE AND FARMLANDS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robin Lamp President | 1 | $0 | |
Kim Cassida Vice President | 1 | $0 | |
Ray Smith Secretary | 2 | $0 | |
Tom Keene Treasurer | 2 | $0 | |
Garry Lacefield Director | 1 | $0 | |
Sam Groce Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $310 |
| Dividends & Interest | $9,664 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $45,421 |
| Capital Gain Net Income | $45,421 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $55,395 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $335 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $65 |
| Total operating and administrative expenses | $1,850 |
| Contributions, gifts, grants paid | $27,400 |
| Total expenses and disbursements | $29,250 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $59,425 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $587,654 |
| Total assets | $647,079 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Forage & Grassland Foundation Inc has awarded $27,400 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
Berea, KY PURPOSE: EDUCATIONAL | $9,900 |
Berea, KY PURPOSE: CONFERENCES/RESEARCH | $6,500 |
Berea, KY PURPOSE: VIRTUAL CONFERENCE | $5,500 |
UNIVERSITY OF KENTUCKY PURPOSE: EDUCATIONAL | $1,500 |
OKLAHOMA STATE UNIVERSITY PURPOSE: MISSION RELATED EDUCATIONAL | $1,000 |
Laramie, WY PURPOSE: MISSION RELATED EDUCAITONAL | $1,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Genyouth Inc Rosemont, IL | $9,087,915 | $10,980,091 |
Robins Foundation Richmond, VA | $182,936,779 | $19,761,890 |
Anheuser-Busch Foundation Clayton, MO | $1,201,059 | $8,412,886 |
Carson-Myre Charitable Foundation Paducah, KY | $72,587,857 | $8,781,396 |
Virginia Institute Of Autism Incorporated Charlottesville, VA | $13,400,970 | $11,731,710 |
Sondheimer Family Charitable Foundation Wilmette, IL | $0 | $30,820 |
Joe C Davis Foundation Nashville, TN | $101,782,891 | $6,182,733 |
John Joseph Sigstein Foundation Inc Huntington, IN | $0 | $2,327,854 |
Illinois Tool Works Foundation Glenview, IL | $328,623 | $8,500,000 |
Willow Springs Charitable Tr Mt Carroll, IL | $100,115,931 | $21,339,853 |
Hamill Family Foundation Chicago, IL | $55,305,054 | $6,054,241 |
Steward Family Foundation St Louis, MO | $23,736 | $8,567,873 |