Michigan Foundation For Agriculture
- Assets
- $584.1k
- Revenue
- $7.2m
- Investments
- $0.0
- Employees
- 0
- Location
- Lansing, MI
- Founding
- 02/2010
- Data as of
- 12/2023
- EIN
- 27-0200380
Organization Overview
Michigan Foundation For Agriculture is located in Lansing, MI. The organization was established in 2010. According to its NTEE Classification (K11) the organization is classified as: Single Organization Support, under the broad grouping of Food, Agriculture & Nutrition and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Michigan 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, Michigan Foundation For Agriculture generated $7.2m in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 18.3% each year . All expenses for the organization totaled $7.3m during the year ending 12/2023. While expenses have increased by 18.9% per year over the past 9 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 2015, Michigan Foundation For Agriculture has awarded 41 individual grants totaling $23,754,742. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
RECEIVE AND ADMINISTER FUNDS TO SUPPORT THE EDUCATIONAL AND CHARITABLE ACTIVITIES OF MICHIGAN FARM BUREAU.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO RECEIVE AND ADMINISTER FUNDS FOR THE MFB GRANT. THE MFB GRANT PROMOTES SUPPORT OF CERTAIN EDUCATIONAL AND CHARITABLE ACTIVITIES OF THE MICHIGAN FARM BUREAU. THIS GRANT INCLUDES SUPPORT OF SEVERAL PROGRAMS, INCLUDING: PROMOTION AND EDUCATION DEPARTMENT, YOUNG FARMER DEPARTMENT, FARM SCIENCE PROGRAMMING, FIELD OPERATIONS AND OTHER EDUCATIONAL EVENTS. THE GOAL FOR PROMOTION AND EDUCATION IN MICHIGAN IS TO EDUCATE THE PUBLIC ABOUT AGRICULTURE AND KEEP FARMERS INFORMED ABOUT AGRICULTURAL ISSUES. THE YOUNG FARMER DEVELOPMENT PROGRAM IS A TARGETED PROGRAM FOR FARMER MEMBERS BETWEEN THE AGES OF 18 AND 35 INTERESTED IN LEADERSHIP. FARM SCIENCE PROGRAMMING INCLUDES 40-FOOT MOBILE CLASSROOMS EQUIPPED WITH EDUCATIONAL STATIONS AND TOOLED WITH STEM BASED LESSONS THAT MEET NEXT GENERATION SCIENCE STANDARDS TO INCREASE AG AWARENESS. FARM SCIENCE PROGRAMMING ALSO INCLUDES A VAN EQUIPPED WITH STEM BASED LESSONS THAT MEET NEXT GENERATION SCIENCE STANDARDS TO INCREASE AG AWARENESS THROUGH CLASSROOM-BASED LESSONS. FIELD OPERATIONS IMPACTS REGIONAL AND COUNTY LEVEL DEVELOPMENT WITH PROGRAMS SUCH AS THE COUNTY LEADERSHIP CONFERENCE. OTHER EDUCATIONAL EVENTS INCLUDE DIRECT EXPENSE SUPPORT FOR AGRICULTURAL ECOLOGY SEMINARS.
AGENT CHARITABLE FUND: THE AGENT CHARITABLE FUND IS A DONOR ADVISED FUND FORMED BY FARM BUREAU INSURANCE AGENTS WITH A GOAL TO END HUNGER IN MICHIGAN AND FURTHER CARRY OUT THE CHARITABLE PURPOSES OF THE MICHIGAN FOUNDATION FOR AGRICULTURE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Carl Bednarski President | OfficerTrustee | 0.19 | $0 |
Michael Fusilier Director | Trustee | 0.19 | $0 |
Michael Deruiter Vice President | Trustee | 0.19 | $0 |
Leona Daniels Director | Trustee | 0.19 | $0 |
Stephanie Schafer Director | Trustee | 0.19 | $0 |
Brigette Leach Director - Part Year | Trustee | 0.19 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $258,172 |
| Related organizations | $5,408,000 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,488,102 |
| Noncash contributions included in lines 1a–1f | $6,341,206 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $7,154,274 |
| Total Program Service Revenue | $0 |
| Investment income | $46,318 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $750 |
| Net Income from Fundraising Events | $16,022 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $7,217,364 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $6,969,325 |
| 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 | $285,201 |
| Fees for services: Legal | $1,514 |
| Fees for services: Accounting | $38,749 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $1,399 |
| Fees for services: Other | $0 |
| Advertising and promotion | $5,375 |
| Office expenses | $5,086 |
| Information technology | $16,197 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $4,903 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,825 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $7,329,574 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $385,076 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $197,779 |
| 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 | $1,293 |
| 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 | $584,148 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $53,473 |
| 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 | $5,857 |
| Total liabilities | $59,330 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $524,818 |
| 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 | $584,148 |
Grants Awarded
Over the last fiscal year, Michigan Foundation For Agriculture has awarded $6,454,846 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
MICHIGAN FARM BUREAU PURPOSE: EDUC & CHARIT SPPRT | $6,336,680 |
FOOD BANK COUNCIL OF MICHIGAN PURPOSE: SUPPORT ACTIVITIES | $90,166 |
FEEDING AMERICA W MICHIGAN FOOD BNK PURPOSE: SUPPORT ACTIVITIES | $10,000 |
CMMNTY FNDTN OF GREATER ROCHESTERROCHESTER PURPOSE: SUPPORT ACTIVITIES | $9,000 |
GREAT NORTH FOODS PURPOSE: SUPPORT ACTIVITIES | $9,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Michigan Foundation For Agriculture Lansing, MI | $584,148 | $7,217,364 |
Canfield Fair Foundation Canfield, OH | $40,849 | $713,112 |
Wisconsin Restaurant Association Education Foundation Inc Madison, WI | $1,550,299 | $896,522 |
Kikkoman Foods Foundation Inc Walworth, WI | $10,201,722 | $714,456 |
Akron-Caton Regional Foodbank Endowment Akron, OH | $10,310,727 | $32,531 |
Fg-Hope Inc Cincinnati, OH | $17,804,100 | $178,041 |
Bounce Back Of Indiana Inc Fort Wayne, IN | $65,963 | $63,616 |
Bellville Independent Agricultural Society Bellville, OH | $179,171 | $183,559 |
Mission2move Cincinnati, OH | $43,001 | $0 |
Hildegarde T Pischel Endowment Fund Brooklyn, OH | $584,150 | $41,629 |
E Owen Keeler Charitable Trust Milwaukee, WI | $290,562 | $5,651 |
Greater Cleveland Foodbank Waterloo Real Estate Holding Company Cleveland, OH | $17,717,601 | $6,928,830 |
Dairy Business Foundation Inc Green Bay, WI | $0 | $0 |