Agsource Dhi Foundation Inc is located in Madison, WI. The organization was established in 2001. According to its NTEE Classification (T21) the organization is classified as: Corporate 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. Agsource Dhi Foundation 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 12/2022, Agsource Dhi Foundation Inc generated $83.7k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 25.6% each year . All expenses for the organization totaled $21.5k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Agsource Dhi Foundation Inc has awarded 258 individual grants totaling $246,761. 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
IN 2022, AGSOURCE DHI FOUNDATION AWARDED 8 SCHOLARSHIPS AND SPONSORSHIPS TO INDIVIDUALS IN AGRICULTURE-RELATED FIELDS OF STUDY AND 6 GRANTS TO ORGANIZATIONS FOR AGRICULTURE-RELATED EDUCATIONAL AND SCIENTIFIC ACTIVITIES.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Dale Jensen President | 1 | $225 | |
Becky Hasburgh Vice President | 1 | $150 | |
Paul Jandrin Secretary/treasurer | 1 | $0 | |
Debbie Bulgrin Trustee | 1 | $225 | |
Michael Kohn Trustee | 1 | $225 | |
Kent Lonning Trustee | 1 | $225 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $0 |
Interest on Savings | $0 |
Dividends & Interest | $9,163 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | $74,570 |
Capital Gain Net Income | $74,570 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $0 |
Total Revenue | $83,733 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $1,050 |
Other employee salaries and wages | $0 |
Pension plans, employee benefits | $0 |
Interest | $0 |
Taxes | $1,648 |
Depreciation | $0 |
Occupancy | $0 |
Travel, conferences, and meetings | $105 |
Printing and publications | $0 |
Other expenses | $10 |
Total operating and administrative expenses | $7,743 |
Contributions, gifts, grants paid | $13,800 |
Total expenses and disbursements | $21,543 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $21,700 |
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 | $31,342 |
Net Land, buildings, and equipment | $0 |
Other assets | $0 |
Total assets | $476,711 |
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 |
Over the last fiscal year, Agsource Dhi Foundation Inc has awarded $13,800 in support to 14 organizations.
Grant Recipient | Amount |
---|---|
ANDREW HEISNER PURPOSE: SCHOLARSHIP | $1,000 |
AUSTIN KROENING PURPOSE: SCHOLARSHIP | $400 |
BRUCE FFA CO BRUCE PUBLIC SCHOOL PURPOSE: FFA DONATION FOR ACTIVITIES | $800 |
CLARK COUNTY HOLSTEIN ASSOCIATION PURPOSE: MONEY TO BE USED TO BUY CHEESE CURDS AT CLARK CO. FAIR IN THEIR FOOD STAND | $500 |
DANIEL DAHLSTROM PURPOSE: SCHOLARSHIP | $400 |
FARM TECHNOLOGY DAYS OF WISCONSIN INC PURPOSE: FUNDS TO BE USED FOR EVENTS AT THE 2022 FARM TECH DAYS AT ROEHL ACRES AND RUSTIC OCCASIONS IN LOYAL, WI | $5,000 |