Will County Farm Bureau Foundation

Organization Overview

Will County Farm Bureau Foundation is located in Joliet, IL. The organization was established in 1987. According to its NTEE Classification (K28) the organization is classified as: Farm Bureaus & Granges, under the broad grouping of Food, Agriculture & Nutrition and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Will County Farm Bureau 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 09/2022, Will County Farm Bureau Foundation generated $325.0k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 27.4% each year . All expenses for the organization totaled $66.0k during the year ending 09/2022. While expenses have increased by 3.0% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

THE FOUNDATION'S MISSION IS TO ACQUIRE AND DISTRIBUTE RESOURCES TO OUR MEMBERSHIP FAMILIES IN THE SOURCE OF SCHOLARSHIP FUNDS ON AN ANNUAL BASIS. THE SCHOLARSHIPS WILL BE USED TO SUPPORT OR SUPPLEMENT THE SCHOLARSHIP RECIPIENTS' COLLEGE EDUCATION.

Describe the Organization's Program Activity:

Part 3 - Line 4a

SCHOLARSHIPS


AG-IN-THE-CLASSROOM


FUNDRAISING FOR AG EDUCATIONAL PROGRAMS


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Board, Officers & Key Employees

Name (title)Compensation
Lyle Tewes
President
$0
Glenn Ginder
Secretary
$0
Rita Luedtke
Vice President
$0
James Robbins
Treasurer
$0
Gerald Davidson
Director
$0
Diane Tordai
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$10,149
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$380,180
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$390,329
Total Program Service Revenue$0
Investment income $34
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $23,515
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $325,014

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Will County Farm Bureau Foundation has recieved totaling $1,000.

Awarding OrganizationAmount
Maurice Foundation

Cedar Rapids, IA

PURPOSE: GENERAL OPERATING BUDGET

$1,000
View Grant Recipient Profile

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