Cook County Farm Bureau Foundation
- Assets
- $667.1k
- Revenue
- $84.8k
- Investments
- $129.7k
- Employees
- 0
- Location
- Countryside, IL
- Founding
- 12/1996
- Data as of
- 09/2022
- EIN
- 36-4109668
Organization Overview
Cook County Farm Bureau Foundation is located in Countryside, IL. The organization was established in 1996. According to its NTEE Classification (K20) the organization is classified as: Agricultural Programs, 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. Cook 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, Cook County Farm Bureau Foundation generated $84.8k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.5%) each year. All expenses for the organization totaled $33.2k during the year ending 09/2022. As we would expect to see with falling revenues, expenses have declined by (5.2%) per year over the past 7 years. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
COOK COUNTY FARM BUREAU FOUNDATION WAS ESTABLISHED (1)TO PROVIDE SCHOLARSHIPS FOR PERSONS STUDYING AGRICULTURE AND RELATED FIELDS, INCLUDING BUT NOT LIMITED TO BUSINESS, ECONOMICS, EDUCATION, VETERINARY MEDICINE, ASSOCIATION MANAGEMENT AND LEADERSHIP DEVELOPMENT; (2) TO ENCOURAGE, PROMOTE AND FUND THE DESIGN, DEVELOPMENT AND DISTRIBUTION OF EDUCATIONAL AND INSTRUCTIONAL MATERIALS, PROGRAMS AND SEMINARS TO PROVIDE IMPROVED INSTRUCTION ABOUT AGRICULTURE, HORTICULTURE AND THEIR RELATED FIELDS INCLUDING BUT NOT LIMITED TO PROGRAMS FOR STUDENTS AND YOUNG ADULTS SUCH AS 4-H, FFA, LEADERS TO WASHINGTON, ALOT AND AG IN THE CLASSROOM; (3) TO PROMOTE, FUND AND CONDUCT PROGRAMS FOR THE DEVELOPMENT OF PUBLIC LIBRARY COLLECTIONS WITH SPECIAL EMPHASIS ON AGRICULTURE AND ITS RELATED FIELDS; (4) TO ENCOURAGE, PROMOTE AND FUND EDUCATION AND RESEARCH DESIGNED TO IMPROVE AGRICULTURE; (5) TO PROMOTE, FUND AND CONDUCT SEMINARS AND SCHOOLS FOR EDUCATIONAL AND SCIENTIFIC LEADERSHIP.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROVIDE SCHOLARSHIPS AND GRANTS FOR PERSONS STUDYING AGRICULTURE AND RELATED FIELDS.
SPONSORING AG LITERACY PROGRAMMING AT PRIMARY AND SECONDARY EDUCATIONAL LEVELS FOR STUDENTS AND TEACHERS IN COOK COUNTY.
PROVIDE AN INTERNSHIP WHICH FOCUSES ON AGRICULTURAL LITERACY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Janet Mccabe President | Officer | 1 | $0 |
Ruth Zeldenrust Secretary/treasurer | Officer | 1 | $0 |
Mike Rauch Vice-President | Officer | 1 | $0 |
Daniel Biernacki Director | Trustee | 1 | $0 |
Gerald Kopping Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $34,731 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $34,731 |
| Total Program Service Revenue | $0 |
| Investment income | $23,197 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $1,505 |
| Net Income from Fundraising Events | $25,296 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $84,808 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $15,500 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $1,604 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $3,482 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $12,661 |
| Total functional expenses | $33,247 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $16,902 |
| Savings and temporary cash investments | $221,258 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $299,279 |
| Investments—other securities | $129,703 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $667,142 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $5,000 |
| Deferred revenue | $6,455 |
| 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 | $11,455 |
| Net assets without donor restrictions | $655,687 |
| Net assets with donor restrictions | $0 |
| 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 | $667,142 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Cook County Farm Bureau Foundation has recieved totaling $9,369.
| Awarding Organization | Amount |
|---|---|
Iaa Foundation Bloomington, IL PURPOSE: Ag Literacy | $9,342 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $27 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
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 |
Indiana Corn Marketing Council Indianapolis, IN | $5,137,582 | $5,167,221 |
Missouri Corn Merchandising Council Jefferson City, MO | $10,685,301 | $5,612,300 |
Eat Greater Des Moines Des Moines, IA | $273,044 | $4,607,206 |
Missouri Farm Bureau Federation 1616 Missouri Blvd Jefferson City, MO | $26,099,278 | $6,710,697 |
Illinois Crop Improvement Assn Champaign, IL | $3,787,819 | $4,780,035 |
Indiana Crop Improvement Assn Inc Lafayette, IN | $5,728,593 | $3,567,413 |
Wisconsin Farm Bureau Federation Cooperative Madison, WI | $4,550,092 | $4,122,654 |