Farming For The Future Foundtn Inc
- Assets
- $15.5m
- Revenue
- $9.9m
- Investments
- $4.5m
- Employees
- 0
- Location
- Hancock, WI
- Founding
- 04/2017
- Data as of
- 12/2021
- EIN
- 81-3939351
Organization Overview
Farming For The Future Foundtn Inc is located in Hancock, WI. The organization was established in 2017. According to its NTEE Classification (T23) the organization is classified as: Private Operating 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. Farming For The Future Foundtn Inc 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, Farming For The Future Foundtn Inc generated $9.9m in total revenue. All expenses for the organization totaled $655.3k during the year ending 12/2021.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROMOTE AGRICULTURAL LITERACY, TO INCREASE THE UNDERSTANDING OF THE ORIGINS OF OUR FOOD, AND TO DEEPEN THE RELATIONSHIP BETWEEN FARMERS AND CONSUMERS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Richard R Pavelski President | 1 | $0 | |
Andy Diercks Director | 1 | $0 | |
Alicia Pavelski Director | 1 | $0 | |
Jordan Lamb Director | 1 | $0 | |
Michelle L Peariso Secretary/treasurer | 5 | $0 | |
Tamas Houlihan Director | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Jh Findorff & Son Inc | 12/30/21 | $429,642 |
Gyroscope Inc | 12/30/21 | $495,000 |
Mcdonald Schaefer Llc | 12/30/21 | $237,899 |
Universal Services Associates Inc | 12/30/21 | $79,162 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $9,709,229 |
| Interest on Savings | $16,649 |
| Dividends & Interest | $100,366 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $121,817 |
| Capital Gain Net Income | $121,817 |
| Net ST Capital Gain | $2,714 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $9,948,061 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $152,448 |
| Pension plans, employee benefits | $13,863 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $3,600 |
| Travel, conferences, and meetings | $2,842 |
| Printing and publications | $326 |
| Other expenses | $213,368 |
| Total operating and administrative expenses | $655,305 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $655,305 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $8,269,809 |
| Savings and temporary cash investments | $0 |
| 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 | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $2,737,679 |
| Other assets | $0 |
| Total assets | $15,517,922 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| 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 | $0 |
Grants Recieved
Over the last fiscal year, we have identified 7 grants that Farming For The Future Foundtn Inc has recieved totaling $296,500.
| Awarding Organization | Amount |
|---|---|
Seneca Foods Foundation Fairport, NY PURPOSE: GENERAL FUNDS | $100,000 |
Edward J Okray Foundation Inc Plover, WI PURPOSE: TO SUPPORT THE FARMING FOR THE FUTURE'S GOAL OF CULTIVATION AND EXPANDING THE WORLD'S AGRICULTURAL KNOWLEDGE | $100,000 |
Midwest Food Products Association Inc Madison, WI PURPOSE: GRANT TO PROVIDE FUNDING FOR THE CONSTRUCTION OF THE AGRICULTURE CENTER | $30,000 |
J R Simplot Company Foundation Inc Boise, ID PURPOSE: EDUCATION | $30,000 |
Covantage Credit Union Antigo, WI PURPOSE: GENERAL SUPPORT | $25,000 |
American Endowment Foundation Hudson, OH PURPOSE: GENERAL OPERATING SUPPORT | $11,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Terra Foundation For American Art Chicago, IL | $631,506,305 | $28,063,083 |
Roderick And Solange Macarthur Justice Center Niles, IL | $137,820,704 | $9,175,098 |
John C Proctor Endowment Peoria, IL | $3,704,865 | $6,462,862 |
Wacosa Waite Park, MN | $12,140,309 | $9,104,818 |
Land Conservation Trust Of Southern Illinois Chicago, IL | $0 | $8,667,779 |
World Food Prize Foundation Urbandale, IA | $73,712,928 | $6,192,203 |
Center To Combat Human Trafficking Decatur, IL | $69,172,505 | $43,496,794 |
Chipstone Foundation Milwaukee, WI | $75,856,336 | $12,810,541 |
Fmc Aquatic Opportunities Chicago, IL | $22,984,375 | $1,955,015 |
Johnson Foundation Inc Racine, WI | $58,249,744 | $4,338,703 |
Jeffers Foundation Plymouth, MN | $13,209,879 | $451,010 |
Saga Foundation Kalamazoo, MI | $17,766,736 | $2,178,963 |