John Deere Foundation
- Assets
- $212.6m
- Revenue
- $17.7m
- Investments
- $209.4m
- Employees
- 0
- Location
- Moline, IL
- Founding
- 10/1949
- Data as of
- 10/2023
- EIN
- 36-6051024
Organization Overview
John Deere Foundation is located in Moline, IL. The organization was established in 1949. 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. John Deere 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 10/2023, John Deere Foundation generated $17.7m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (30.3%) each year. All expenses for the organization totaled $42.5m during the year ending 10/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2021, John Deere Foundation has awarded 29 individual grants totaling $128,063,933. 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
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
JOHN DEERE HISTORIC SITE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mara S Downing Director | 1 | $0 | |
C Nathan Clark President, Director | 1 | $0 | |
John C May Chairman, Director | 1 | $0 | |
Stephen Hamborg Treasurer | 1 | $0 | |
Rhonda Copeland Assistant Treasurer | 1 | $0 | |
Mary K W Jones Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $8,464 |
| Dividends & Interest | $3,685,708 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $13,953,459 |
| Capital Gain Net Income | $8,070,065 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $19,591 |
| Other Income | $139 |
| Total Revenue | $17,667,361 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $89,023 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $28,581 |
| Printing and publications | $0 |
| Other expenses | $327,607 |
| Total operating and administrative expenses | $832,736 |
| Contributions, gifts, grants paid | $41,644,645 |
| Total expenses and disbursements | $42,477,381 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $6,901 |
| Savings and temporary cash investments | $1,095,836 |
| 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 | $10,401 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $664,069 |
| Other assets | $1,483,735 |
| Total assets | $212,646,379 |
| Accounts payable and accrued expenses | $25,800 |
| Grants payable | $28,727,847 |
| 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 | $28,753,647 |
Grants Awarded
Over the last fiscal year, John Deere Foundation has awarded $56,721,559 in support to 9 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICAN ONLINE GIVING FOUNDATION PURPOSE: GRANTS TO VARIOUS 501(C)(3) PUBLIC CHARITIES | $26,006,743 |
CANADA ONLINE GIVING FOUNDATION PURPOSE: GRANTS TO VARIOUS 501(C)(3) PUBLIC CHARITIES | $52,987 |
HAUS DES STIFTENS GGMBH PURPOSE: GRANTS TO VARIOUS 501(C)(3) PUBLIC CHARITIES | $107,222 |
THE UK ONLINE GIVING FOUNDATION INC PURPOSE: GRANTS TO VARIOUS 501(C)(3) PUBLIC CHARITIES | $135,779 |
AMERICAN ONLINE GIVING FOUNDATION PURPOSE: GRANTS TO VARIOUS 501(C)(3) PUBLIC CHARITIES | $29,673,837 |
BIRDIES FOR CHARITY PURPOSE: GRANTS TO VARIOUS 501(C)(3) PUBLIC CHARITIES | $689,585 |