Agricultural Research Foundation
- Assets
- $33.2m
- Revenue
- $13.6m
- Investments
- $0.0
- Employees
- 5
- Location
- Corvallis, OR
- Founding
- 12/1935
- Data as of
- 06/2021
- EIN
- 93-0400250
Organization Overview
Agricultural Research Foundation is located in Corvallis, OR. The organization was established in 1935. According to its NTEE Classification (K05) the organization is classified as: Research Institutes & Public Policy Analysis, under the broad grouping of Food, Agriculture & Nutrition and related organizations. As of 06/2021, Agricultural Research Foundation employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Agricultural Research 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 06/2021, Agricultural Research Foundation generated $13.6m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 6.0% each year. All expenses for the organization totaled $8.0m during the year ending 06/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2018, Agricultural Research Foundation has awarded 31 individual grants totaling $50,215,370. 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
TO ENCOURAGE AND ENGAGE ACTIVITIES IN AGRICULTURE AND NATURAL RESOURCES THROUGHOUT OREGON.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE AGRICULTURAL RESEARCH FOUNDATION (ARF) WAS ESTABLISHED IN 1934 TO ENCOURAGE AND FACILITATE RESEARCH IN ALL BRANCHES OF AGRICULTURE AND RELATED FIELDS FOR THE BENEFIT OF OREGON'S AGRICULTURAL AND NATURAL RESOURCE INDUSTRIES. THE FOUNDATION IS THE CUSTODIAN OF PRIVATELY AND PUBLICLY DONATED RESEARCH FUNDS AS WELL AS CONTRACT FUNDS FROM COMMODITY COMMISSIONS AND OTHER PRODUCER ASSOCIATIONS. THESE FUNDS ARE USED TO SUPPORT WORK CONDUCTED IN OREGON STATE UNIVERSITY (OSU) FACILITIES IN THE CORVALLIS AREA AND THROUGHOUT THE STATE AS WELL AS SOME COOPERATIVE PROJECTS WITH UNIVERSITY SCIENTISTS IN OTHER STATES. IN 2020-21 ARF HAD $8.4M IN GIFT AND CONTRACT INCOME AND APPROXIMATELY $1M IN INVESTMENT EARNINGS. $8.7M WAS SPENT ON RESEARCH ACTIVITIES INCLUDING APPROXIMATELY THRU ARF'S COMPETITIVE GRANT PROGRAM. THIS PROGRAM PROVIDES SMALL GRANTS TO NEW SCIENTISTS TO HELP LAUNCH THEIR RESEARCH PROGRAMS AND TO ESTABLISHED SCIENTISTS TO LAUNCH NEW ACTIVITIES. RESEARCH FUNDED THROUGH ARF RANGED FROM WORK ON PLASTIC INGESTION BY MARINE ANIMALS TO CONTROL OF WINTER SQUASH STORAGE ROTS TO FERTILIZER GUIDELINES FOR HAZELNUT TREES. STUDIES ON CROP PRODUCTION, PLANT BREEDING, LIVESTOCK MANAGEMENT, ENVIRONMENTAL TOXINS, AND ENERGY PRODUCTION WERE AMONG THE HUNDREDS OF RESEARCH PROJECTS ACTIVE IN 2020-21. THE FOUNDERS OF THE FOUNDATION ENVISIONED A STRONG, COLLABORATIVE PARTNERSHIP BETWEEN OSU AND OREGON'S DIVERSE AGRICULTURAL AND NATURAL RESOURCE INDUSTRIES. THE FOUNDATION HAS ACHIEVED THAT GOAL AND WORKS TOWARD ENHANCEMENTS EACH YEAR.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dan Arp Executive Director | Officer | 20 | $72,540 |
Ralph Fisher President | OfficerTrustee | 2 | $0 |
Ron Hathaway Vice President | OfficerTrustee | 2 | $0 |
Lance Lyon Vice President | OfficerTrustee | 2 | $0 |
Michelle Davis Secretary/treasurer | OfficerTrustee | 2 | $0 |
Josh Kvidt Director | Trustee | 2 | $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 | $2,584,340 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,584,340 |
| Total Program Service Revenue | $9,580,956 |
| Investment income | $1,039,986 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $368,243 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $13,573,525 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $7,009,741 |
| Grants and other assistance to domestic individuals. | $35,304 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $91,296 |
| Compensation of current officers, directors, key employees. | $91,296 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $166,938 |
| Pension plan accruals and contributions | $24,963 |
| Other employee benefits | $37,347 |
| Payroll taxes | $20,644 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $27,750 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $89,246 |
| Fees for services: Other | $155,868 |
| Advertising and promotion | $18,000 |
| Office expenses | $183,804 |
| Information technology | $10,137 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $2,941 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,245 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $5,776 |
| All other expenses | $24,429 |
| Total functional expenses | $7,953,721 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $1,418,810 |
| 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 | $53,215 |
| Net Land, buildings, and equipment | $5,735 |
| Investments—publicly traded securities | $30,528,949 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,187,203 |
| Total assets | $33,193,912 |
| Accounts payable and accrued expenses | $309,971 |
| Grants payable | $4,059,948 |
| Deferred revenue | $5,424,805 |
| 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 | $9,794,724 |
| Net assets without donor restrictions | $12,351,373 |
| Net assets with donor restrictions | $11,047,815 |
| 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 | $33,193,912 |
Grants Awarded
Over the last fiscal year, Agricultural Research Foundation has awarded $7,009,741 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
OREGON STATE UNIVERSITY PURPOSE: RESEARCH | $6,984,982 |
Davis, CA PURPOSE: RESEARCH | $24,759 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Agricultural Research Foundation has recieved totaling $60,000.
| Awarding Organization | Amount |
|---|---|
American Malting Barley Association Inc Brookfield, WI PURPOSE: RESEARCH | $60,000 |
Endowment Analysis
| Beg. Balance | $1,158,652 |
| Earnings | $42,487 |
| Net Contributions | $32,759 |
| Grants | $15,234 |
| Ending Balance | $1,218,664 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Agricultural Research Foundation Corvallis, OR | $33,193,912 | $13,573,525 |
The Non-Gmo Project Bellingham, WA | $5,084,650 | $5,061,798 |
Washington Food Industry Olympia, WA | $6,160,025 | $821,387 |
Grow Food Mount Vernon, WA | $785,268 | $1,237,841 |
Ccof Foundation Santa Cruz, CA | $1,005,183 | $1,416,500 |
Inc Nutrition Research And Education Foundation Winters, CA | $1,600,180 | $425,971 |
Sam Day Foundation Portland, OR | $488,786 | $530,357 |
Global Action Research Center San Diego, CA | $460,239 | $793,991 |
Oakland Institute Oakland, CA | $2,665,095 | $692,885 |
True Organic Inc Sacramento, CA | $89,196 | $538,330 |
The Beechers Foundation Seattle, WA | $912,927 | $1,072,050 |
Northwest Berry Foundation Portland, OR | $11,759 | $235,220 |