Lee County Farm Bureau Foundation is located in Amboy, IL. The organization was established in 1993. 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. Lee 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.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
SCHOLARSHIPS ISSUED TO COLLEGE AND UNIVERSITY STUDENTS INTERESTED IN AGRICULTURE
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ed Lilja Board Member | 1 | $0 | |
Karen Becker Board Member | 1 | $0 | |
Adam Henkel Board Member | 1 | $0 | |
Larry Hummel President | 1 | $0 | |
David Gorman Treasurer | 1 | $0 | |
Matt Schoenholz Vice President | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $30,406 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $6,817 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $24,101 |
| Other Revenue | $0 |
| Total Revenue | $61,324 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $19,068 |
| Total expenses | $25,068 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $22,996 |
| Other assets | $0 |
| Total assets | $154,735 |
| Total liabilities | $3,000 |
| Net assets or fund balances | $151,735 |