Ag Foundation
- Assets
- $44.4m
- Revenue
- $4.0m
- Investments
- $38.5m
- Employees
- 0
- Location
- East Liverpool, OH
- Founding
- 04/1990
- Data as of
- 12/2022
- EIN
- 34-1606084
Organization Overview
Ag Foundation is located in East Liverpool, OH. The organization was established in 1990. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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. Ag 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 12/2022, Ag Foundation generated $4.0m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (8.9%) each year. All expenses for the organization totaled $24.7m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
MAKING CONTRIBUTIONS TO TAX EXEMPT ORGANIZATIONS
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Agnes Gund Trustee | 5 | $0 | |
Catherine Gund Trustee | 1 | $0 | |
Anna Traggio Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $261,426 |
| Interest on Savings | $186,842 |
| Dividends & Interest | $535,154 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $3,047,898 |
| Capital Gain Net Income | $3,047,898 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $4,031,320 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $47,797 |
| Depreciation | $0 |
| Occupancy | $29,736 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $281,851 |
| Total operating and administrative expenses | $359,684 |
| Contributions, gifts, grants paid | $24,298,566 |
| Total expenses and disbursements | $24,658,250 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $4,818,786 |
| Net Accounts receivable | $1,117,280 |
| 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 | $19,786,540 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $27,691 |
| Total assets | $44,437,031 |
| 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 |