Kansas Farm Bureau Foundation
- Assets
- $1.2m
- Revenue
- $289.7k
- Investments
- $0.0
- Employees
- 0
- Location
- Manhattan, KS
- Founding
- 05/1998
- Data as of
- 12/2021
- EIN
- 48-1196853
Organization Overview
Kansas Farm Bureau Foundation is located in Manhattan, KS. The organization was established in 1998. According to its NTEE Classification (Z99) the organization is classified as: Unknown, under the broad grouping of Unknown and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Kansas 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 12/2021, Kansas Farm Bureau Foundation generated $289.7k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.2% each year. All expenses for the organization totaled $204.3k during the year ending 12/2021. While expenses have increased by 4.9% 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.
Since 2020, Kansas Farm Bureau Foundation has awarded 38 individual grants totaling $416,375. 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
STRENGTHENING AGRICULTURE AND THE LIVES OF KANSANS THROUGH LEADERSHIP, EDUCATION AND SERVICE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
GRANTS AND SCHOLARSHIPS PROVIDED FUNDING FOR PROGRAMS AND PROJECTS DESIGNED TO HELP IMPROVE AGRICULTURE AND THE QUALITY OF LIFE IN RURAL KANSAS BY 1 DEVELOPING LEADERS WHO UNDERSTAND THE IMPORTANCE OF AGRICULTURE IN MAKING SURE KANSAS RURAL COMMUNITIES REMAIN STRONG AND VITAL, 2 EDUCATING KANSANS ABOUT HOW AGRICULTURE PLAYS SUCH AN IMPORTANT ROLE IN THEIR DAILY LIVES, AND 3 PROVIDING SCHOLARSHIPS FOR STUDENTS WHO DESIRE TO PURSUE THEIR LIFES WORK IN AGRICULTURE. PROGRAMS INCLUDED YOUTH LEADERSHIP, FARMER EDUCATION PROGRAMS, EDUCATIONAL TRIPS TO TOPEKA, KS AND WASHINGTON D.C., AND OTHER EDUCATIONAL CONFERENCES FOCUSED ON RURAL AND AGRICULTURE ISSUES. THE FOUNDATION AWARDED OVER 36 SCHOLARSHIPS TOTALING 25,500, OVER 150 GRANTS TOTALING 58,138 AND OVER 71 CONTRIBUTIONS TOTALING 105,984.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Richard Felts President/director | OfficerTrustee | $0 | |
George Pretz Vice-Pres/director | OfficerTrustee | 5 | $0 |
Terry Holdren Secretary | Officer | $0 | |
Carol Sherley-Days Treasurer | Officer | $0 | |
Marieta Hauser Director | Trustee | 5 | $0 |
Douglas Zillinger Director | Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $29,473 |
| Related organizations | $34,443 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $142,768 |
| Noncash contributions included in lines 1a–1f | $5,302 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $206,684 |
| Total Program Service Revenue | $0 |
| Investment income | $19,071 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $70,296 |
| Net Income from Fundraising Events | -$8,823 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $289,728 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $162,722 |
| Grants and other assistance to domestic individuals. | $26,900 |
| 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 | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $4,463 |
| Office expenses | $655 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $4,702 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $215 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $220 |
| Total functional expenses | $204,256 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $27,095 |
| Savings and temporary cash investments | $91,374 |
| 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 | $1,115,868 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,234,337 |
| 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 | $1,234,337 |
| Total liabilities and net assets/fund balances | $1,234,337 |
Grants Awarded
Over the last fiscal year, Kansas Farm Bureau Foundation has awarded $59,517 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
Manhattan, KS PURPOSE: Ag Education | $12,500 |
HOMELAND FARMS PURPOSE: Water Tech Project | $11,152 |
Manhattan, KS PURPOSE: 4-H Program Support | $10,000 |
KANSAS FARM FOOD CONNECTION PURPOSE: Ag Education | $10,000 |
NORTHWEST KS TECHNICAL COLLEGE PURPOSE: Water Tech Project | $10,000 |
GOOSEN FARMS INC PURPOSE: Water Tech Project | $5,865 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Kansas Farm Bureau Foundation has recieved totaling $62,904.
| Awarding Organization | Amount |
|---|---|
Greater Manhattan Community Foundation Manhattan, KS PURPOSE: DOLLARS ARE USED TO SUPPORT PROGRAMMING FOCUSED ON THE DEVELOPMENT OF LEADERS IN AGRICULTURE AND THE STATES RURAL COMMUNITIES. | $62,865 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $39 |
Endowment Analysis
| Beg. Balance | $975,422 |
| Earnings | $94,920 |
| Net Contributions | $57,472 |
| Grants | $31,000 |
| Ending Balance | $1,096,814 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Independent Opportunities Inc Of Oklahoma Tulsa, OK | $20,718,127 | $36,214,630 |
Kipp St Louis St Louis, MO | $47,986,833 | $42,773,078 |
Jeffco Action Center Inc Lakewood, CO | $11,439,169 | $24,458,851 |
Prairiestar Health Center Inc Hutchinson, KS | $20,070,980 | $16,706,412 |
Girl Scouts Of Eastern Missouri Inc St Louis, MO | $41,876,901 | $17,676,549 |
Community Action Partnership Of Lancaster And Saunders Counties Lincoln, NE | $12,349,644 | $14,460,530 |
Coloradans For Responsible Energy Development Denver, CO | $1,966,473 | $10,490,943 |
Rose Brooks Center Inc Kansas City, MO | $20,126,633 | $9,910,378 |
Mercy Housing West Denver, CO | $50,068,396 | $10,621,235 |
National Endowment For Financial Education Denver, CO | $147,623,294 | $20,278,344 |
Hardesty Family Foundation Inc Tulsa, OK | $132,895,698 | $5,904,373 |
Foundation For Human Enrichment Boulder, CO | $2,136,031 | $6,488,399 |