Oklahoma Farm Bureau Foundation For Agriculture
- Assets
- $626.7k
- Revenue
- $179.1k
- Investments
- $0.0
- Employees
- 0
- Location
- Oklahoma City, OK
- Founding
- 07/2011
- Data as of
- 12/2023
- EIN
- 45-2463257
Organization Overview
Oklahoma Farm Bureau Foundation For Agriculture is located in Oklahoma City, OK. The organization was established in 2011. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Oklahoma Farm Bureau Foundation For Agriculture 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 12/2023, Oklahoma Farm Bureau Foundation For Agriculture generated $179.1k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 3.7% each year. All expenses for the organization totaled $131.9k during the year ending 12/2023. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
WE STRIVE TO EDUCATE CONSUMERS ABOUT THEIR FOOD AND CONNECT THEM WITH THE PEOPLE WHO GROW AND RAISE IT. WE ARE ALSO PROUD TO SUPPORT OKLAHOMANS IN NEED, WITH A FOCUS ON USING AGRICULTURE AND OUR STATES BOUNTY TO PROVIDE HOPE FOR OUR FELLOW CITIZENS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
COUNTY LEVEL EDUATION EVENTSALLOWING LOCAL SPONSORS TO INVEST IN FOUNDATION PROGRAMS SPECIFICALLY IN THEIR COUNTY. 4-H AND FFA STUDENTS PARTICIPATE IN COUNTY SPECIFIC PROGRAMS. THIS BRINGS THE ADULT AND YOUTH EDUCATION COMPONENTS TOGETHER BY LOCATION TO HELP TRANSLATE KNOWLEDGE AND BEST PRACTICES ACROSS GENERATIONAL BOUNDARIES.
TO PROMOTE AGRICULTURE THROUGH YOUTH EDUCATION PROGRAMS. 1. THE OKFB FOUNDATION FOR AGRICULTURE AWARDED MINI-GRANTS TO PUBLIC SCHOOLS THROUGHOUT THE STATE TO HELP PROMOTE PROGRAMS SUCH AS: SCHOOL GARDENS, GROW TOWERS, AND CHICKEN COOPS IN THE CLASSROOM SETTING. 2. THE OKFB FOUNDATION FOR AG CREATED A WATERMELON CONTEST WHERE OKFB DISTRIBUTED SEEDS TO ELEMENTARY SCHOOLS THAT WERE THEN GROWN AT THE STUDENTS HOMES TO PROMOTE GROWING THEIR OWN FOOD SOURCE. 3. DONATED BOOKS FOR THE BUSHEL FOR BOOKS PROGRAM IN WHICH A BUSHEL OF BOOKS IS DONATED TO TEACHERS ON AN APPLICATION/GRANT BASIS. 12 BASKETS WERE FILLED WITH ACCURATE AGRICULTURE BOOKS AND AWARDED. EACH BASKET IS VALUED AT ROUGHLY $250.
TO PROMOTE AGRICULTURE THROUGH ADULT EDUCATION PROGRAMS1. COMMNITY HARVEST: MADE STRATEGIC DONATIONS THROUGHOUT THE STATE TO PROMOTE AND PROVIDE PROGRAMS THAT FEED THE COMMUNITIES SUCH AS: CLASSES ON FOOD PREPARATION, BLESSING BOXES, AND OTHER FORMS OF FOOD SECURITY.2. PORK FOR PACKS PROGRAM: DONATION OF OVER 400 HOGS TO AREA FOOD BANKS FOR PROCESSING INTO PROK STICKS. ADDITIONALLY, GRANTS WERE MADE TO REGIONAL FOOD BANKS TO DECREASE FOOD INSECURITY IN OUR STATE.3. RESTORE OKC: SUPPORT OF RESTORE OKCS NEW CHICKEN AND GOAT PROJECT.4. SPONSORED THE FARMERS MARKET CONFERENCE TO REACH PRODUCERS THAT ARE NOT TRADITIONAL AGRICULTURE BUT THAT DO HAVE MORE FACE TO FACE TIME WITH THE CONSUMER. THROUGH THIS OUTREACH, WE PROVIDED GRANTS TO LOCAL PRODUCERS TO PROMOTE AGRICULTURE THROUGH RECIPE CARDS, PRODUCE BAGS, GEOCACHING, AND OTHER PROMOTIONAL ITEMS.5. SPONSORSHIP OF THE WOMEN IN AG AND SMALL BUSINESS CONFERENCE TO HELP EDUCATE AND ASSIST WOMEN IN AG
WEATHER & FIRE RELIEF DONATIONS:PROVIDE GRANTS TO FIRE DEPARTMENTS AND OTHER AGENCIES TO ASSIST IN RELIEVING THE STRESS OF DETRIMENTAL WEATHER AND/OR FIRE OUTBREAKS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Monte Tucker Director | Officer | 1 | $0 |
Rodd Moesel Director | Officer | 1 | $0 |
Jake Rosholt Director | Officer | 1 | $0 |
Joe Peeper Director | Officer | 1 | $0 |
Steve Thompson Director Of Public Policy Ok | Officer | 1 | $0 |
Holly Carroll Okfb Foundation For Agricultu | Officer | 40 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $28,727 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $140,211 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $168,938 |
| Total Program Service Revenue | $0 |
| Investment income | $10,167 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $179,105 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $99,813 |
| Grants and other assistance to domestic individuals. | $8,350 |
| 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 | $435 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $1,000 |
| Office expenses | $12,286 |
| Information technology | $880 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $300 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $610 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $861 |
| Insurance | $3,675 |
| All other expenses | $3,723 |
| Total functional expenses | $131,933 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $206,394 |
| Savings and temporary cash investments | $420,314 |
| 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 | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $626,708 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $0 |
| Net assets without donor restrictions | $0 |
| 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 | $626,708 |
| Total liabilities and net assets/fund balances | $626,708 |
Grants Awarded
Over the last fiscal year, Oklahoma Farm Bureau Foundation For Agriculture has awarded $0 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
COMMUNITY FOOD BANK OF EASTERN OKLA | | | $0 |
REGIONAL FOOD BANK OF OKLAHOMA | | | $0 |
KENTUCKY FARM BUREAU EDUCATION FOUN | | | $0 |