Institute For Feed Education And Research
- Assets
- $3.1m
- Revenue
- $536.6k
- Investments
- $1.7m
- Employees
- 0
- Location
- Arlington, VA
- Founding
- 02/2010
- Data as of
- 04/2024
- EIN
- 26-4719856
Organization Overview
Institute For Feed Education And Research is located in Arlington, VA. The organization was established in 2010. According to its NTEE Classification (D12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Animal-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Institute For Feed Education And Research 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 04/2024, Institute For Feed Education And Research generated $536.6k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 4.9% each year. All expenses for the organization totaled $239.4k during the year ending 04/2024. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Institute For Feed Education And Research has awarded 45 individual grants totaling $2,149,622. 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
2024
Describe the Organization's Mission:
Part 3 - Line 1
TO SUSTAIN THE FUTURE OF FOOD AND FEED PRODUCTION THROUGH EDUCATION AND RESEARCH. THE INSTITUTE WAS CREATED TO ADDRESS THE ENORMOUS CHALLENGES OUR FOOD AND FEED PRODUCTION INDUSTRIES WILL FACE IN THE NEXT 40 YEARS AND BEYOND, AS THE WORLD'S POPULATION GROWS BY ALMOST 2.5 BILLION PEOPLE. OVER THIS PERIOD, FOOD PRODUCTION NEEDS WILL DOUBLE. THE INSTITUTE COLLECTIVELY REPRESENTS THE FOOD AND FEED PRODUCTION INDUSTRIES, WITH THE VISION OF HELPING TO SHAPE OUR FUTURE TO FEED THE WORLD. IN ORDER TO ACCOMPLISH THIS AGGRESSIVE GOAL, OUR INDUSTRY MUST BE SUSTAINABLE. THE INSTITUTE IS COMMITTED TO SUPPORTING CRITICAL EDUCATION AND RESEARCH ACTIVITIES TO MAKE OUR FOOD AND FEED PRODUCTION INDUSTRIES SUSTAINABLE WELL INTO THE FUTURE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
RESEARCH: THE INSTITUTE BELIEVES THAT GOVERNMENT REGULATORY AND LEGISLATIVE PROPOSALS MUST BE SCIENCE-BASED, AND THAT THE INSTITUTE MUST MAINTAIN A LIQUID ASSET FUND TO CHALLENGE QUESTIONABLE OR "DIRECTED" SCIENCE THAT SEEKS TO BE A MEANS TO AN END IN OVER-REGULATING THE FEED INDUSTRY OR LACKING JUSTIFICATION BASED ON REAL SCIENCE AND ITS MEANINGS. SECOND, THE INSTITUTE BELIEVES THAT UNDERSTANDING THE POTENTIAL CONTAMINANTS IN FEED ARE PARAMOUNT TO PRODUCING A SAFE FEED AND FOOD SUPPLY FROM MEAT, MILK, EGGS, AND FISH. ALSO, THE INSTITUTE BELIEVES THAT THE NATIONAL RESEARCH COUNCIL HAS A RICH HISTORY OF ASSISTING THE FEED INDUSTRY SINCE 1928 BY ASSEMBLING WORLD CLASS SCIENTISTS TO REVIEW RESEARCH AND DEVELOP CUTTING EDGE NUTRIENT REQUIREMENTS FOR ANIMAL PRODUCTION CLASSES. ADDITIONALLY, THE INSTITUTE BELIEVES THE IMPACT OF THE FEED INDUSTRY AND ITS CARBON FOOTPRINT ARE PART OF THE LARGER FOOTPRINT OF ANIMAL AGRICULTURE. CONSUMERS, CUSTOMERS, AND OTHERS WISH THIS TO BE DEFINED AND PROJECTS TO ASSIST IN THE OVERVIEW OF THE INDUSTRY'S SUBSTAINABILITY INDEX ARE NECESSARY TO ANSWER CONSUMERS AND CUSTOMERS' QUESTIONS. THEREFORE, THE INSTITUTE FUNDS STUDIES IN SUPPORT OF THESE BELIEFS.
EDUCATION: THE INSTITUTE BELIEVES THE FUTURE OF THE FEED INDUSTRY LIES IN RECRUITING PEOPLE INTERESTED AND CHALLENGED BY INDUSTRY CAREERS. ALSO, THE INSTITUTE BELIEVES THE INDUSTRY SHOULD PROVIDE AND PROMOTE POSITIVE MESSAGES ABOUT THE WORK AND PRODUCTS OF THE INDUSTRY. ADDITIONALLY, THE INSTITUTE BELIEVES THAT EDUCATING THE FEED INDUSTRY CAN BE A POWERFUL TOOL IN EDUCATING COMMUNITIES AND FAMILIES ABOUT ANIMAL AGRICULTURE. THEREFORE, THE INSTITUTE FUNDS PROJECTS IN SUPPORT OF THESE BELIEFS.
OTHER PROGRAMS: THE INSTITUTE CONDUCTS OTHER PROGRAM ACTIVITIES THAT INCLUDE VARIOUS MEETINGS AND INTERACTIONS WITH ORGANIZATIONS THAT VALUE THE BELIEFS ESTABLISHED BY THE INSTITUTE'S CORE MISSION STATEMENT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mike Gauss Chairman | OfficerTrustee | 5 | $0 |
Paul Phillips Vice Chairman | OfficerTrustee | 5 | $0 |
John Akridge Trustee | Trustee | 1 | $0 |
Partha Bora Trustee | Trustee | 1 | $0 |
Leah Dorman DVM Trustee | Trustee | 1 | $0 |
Courtney Hall Trustee | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $100 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $438,086 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $438,186 |
| Total Program Service Revenue | $0 |
| Investment income | $59,039 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $38,856 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $536,605 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $315,267 |
| Grants and other assistance to domestic individuals. | $0 |
| 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 | $13,771 |
| Fees for services: Other | $20 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | -$89,650 |
| Total functional expenses | $239,408 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $47,331 |
| Savings and temporary cash investments | $681,765 |
| Pledges and grants receivable | $626,158 |
| Accounts receivable, net | $49,418 |
| 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 | $1,740,140 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $3,144,812 |
| Accounts payable and accrued expenses | $74,158 |
| Grants payable | $401,250 |
| 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 | $475,408 |
| Net assets without donor restrictions | $2,149,649 |
| Net assets with donor restrictions | $519,755 |
| 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 | $3,144,812 |
Grants Awarded
Over the last fiscal year, Institute For Feed Education And Research has awarded $230,917 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
NORTH AMERICAN MEAT INSTITUTE PURPOSE: RESEARCH IN ACCORDANCE WITH THE INSTITUTE'S MISSION. | $25,000 |
CONTEXT NETWORK PURPOSE: RESEARCH IN ACCORDANCE WITH THE INSTITUTE'S MISSION. | $147,250 |
SWINE HEALTH INFORMATION CENTER PURPOSE: RESEARCH IN ACCORDANCE WITH THE INSTITUTE'S MISSION. | $11,167 |
NATIONAL ACADEMY OF SCIENCES PURPOSE: RESEARCH IN ACCORDANCE WITH THE INSTITUTE'S MISSION. | $37,500 |
UGA RESEARCH FOUNDATION INC PURPOSE: RESEARCH IN ACCORDANCE WITH THE INSTITUTE'S MISSION. | $10,000 |