National Grain & Feed Foundation
- Assets
- $1.3m
- Revenue
- $99.3k
- Investments
- $0.0
- Employees
- 0
- Location
- Arlington, VA
- Founding
- 09/1967
- Data as of
- 01/2022
- EIN
- 52-0846693
Organization Overview
National Grain & Feed Foundation is located in Arlington, VA. The organization was established in 1967. According to its NTEE Classification (S11) the organization is classified as: Single Organization Support, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. National Grain & Feed 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 01/2022, National Grain & Feed Foundation generated $99.3k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.1% each year. All expenses for the organization totaled $188.9k during the year ending 01/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE RESEARCH AND EDUCATION, AND THE KNOWLEDGE OF THE GRAIN AND FEED INDUSTRY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ENCOURAGES BASIC AND APPLIED RESEARCH IN GENERAL DEVELOPMENT AND DISTRIBUTION OF GRAINS, FEED, AND RELATED INTERESTS. FOSTERS HIGH STANDARDS IN EDUCATION RELATED TO GRAIN AND FEED INDUSTRY. PROVIDE INFORMATION RELATED TO GRAINS AND FEED.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mike Seyfert Secretary/treasurer As Of Mar. 2021 | OfficerTrustee | 1 | $0 |
Randall Gordon Secretary/treasurer Until Mar. 2021 | OfficerTrustee | 1 | $0 |
Gregory Beck Chairman As Of Mar. 2021 | OfficerTrustee | 1 | $0 |
Eric Wilkey Chairman Until Mar. 2021 | Officer | 1 | $0 |
Augusto Bassanini Trustee | Trustee | 1 | $0 |
Sharon Clark Trustee | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $37,540 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $33,905 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $71,445 |
| Total Program Service Revenue | $0 |
| Investment income | $48,189 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$20,371 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $99,263 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $25,000 |
| Grants and other assistance to domestic individuals. | $15,000 |
| 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 | $2,000 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $5,394 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $377 |
| 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 | $5,475 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $188,913 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $17,282 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $240 |
| 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 | $4,982 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $1,235,396 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,257,900 |
| Accounts payable and accrued expenses | $17,272 |
| Grants payable | $0 |
| 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 | $17,272 |
| Net assets without donor restrictions | $1,240,628 |
| Net assets with donor restrictions | $0 |
| 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 | $1,257,900 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that National Grain & Feed Foundation has recieved totaling $10,000.
| Awarding Organization | Amount |
|---|---|
Greater Horizons Kansas City, MO PURPOSE: Philanthropy, Voluntarism & Grantmaking Foundation | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Rappahannock Goodwill Stores And Services Inc Fredericksburg, VA | $8,437,533 | $30,240,862 |
American Medical Group Association Inc Alexandria, VA | $19,689,445 | $10,462,815 |
National Association Of Counties Research Foundation Washington, DC | $4,701,784 | $7,841,848 |
Disability In Alexandria, VA | $11,237,053 | $8,690,736 |
American Exploration & Production Council Inc Washington, DC | $3,854,447 | $3,454,624 |
Wake Forest Innovation Quarter Management Co Winstonsalem, NC | $76,176 | $0 |
Felix E Martin Jr Foundation Inc Louisville, KY | $76,641,628 | $5,817,946 |
Umb Health Sciences Research Park Corporation Baltimore, MD | $16,268,947 | $1,917,755 |
Appalachian Community Capital Corporation Christiansburg, VA | $27,470,921 | $2,186,125 |
Business Council Washington, DC | $16,313,197 | $5,445,513 |
Responsible Business Alliance Foundation Alexandria, VA | $1,775,206 | $1,733,955 |
Massanetta Springs Inc Harrisonburg, VA | $9,619,068 | $2,786,663 |