Agricultural Development Fund

Organization Overview

Agricultural Development Fund is located in Fort Worth, TX. The organization was established in 1982. According to its NTEE Classification (K20) the organization is classified as: Agricultural Programs, 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. Agricultural Development Fund 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 03/2022, Agricultural Development Fund generated $6.7m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.3% each year. All expenses for the organization totaled $6.7m during the year ending 03/2022. While expenses have increased by 7.5% per year over the past 7 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

TO PROMOTE THE BREEDING OF BETTER LIVESTOCK BY EXHIBITION AND AUCTION IN CONNECTION WITH THE SOUTHWESTERN EXPOSITION AND LIVESTOCK SHOW.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE FUND WAS SET UP TO PAY PREMIUMS AND BONUSES TO OWNERS OF LIVESTOCK THAT SHOW IN THE SOUTHWESTERN EXPOSITION AND LIVESTOCK SHOW. PREMIUMS ARE ADDITIONAL MONEY PAID ON PLACINGS IN THE JUNIOR LIVESTOCK SHOWS. THE BONUS MONEY IS PAID ON A PREDETERMINED PRICE PER POUND OVER MARKET PRICE FOR ANIMALS SOLD AT THE SOUTHWESTERN EXPOSITION AND LIVESTOCK SHOW.


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Board, Officers & Key Employees

Name (title)Compensation
Jr Williams III
President/director
$0
Wr Watt Jr
Vice President/director
$0
Bradford S Barnes
Secretary/treasurer/direct
$0
Breck Ray
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$260,025
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$260,025
Total Program Service Revenue$6,450,955
Investment income $1,614
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $6,712,594

Grants Recieved

Over the last fiscal year, we have identified 6 grants that Agricultural Development Fund has recieved totaling $5,552,476.

Awarding OrganizationAmount
Fort Worth Stockshow Syndicate

Fort Worth, TX

PURPOSE: TO PROVIDE MEANS FOR AGRICULTURAL YOUTH TO FURTHER EDUCATIONAL / VOCATIONAL OPPORTUNITIES.

$5,542,976
Thomas M & Helen Mckee & John P Ryan Foundation Inc

Fort Worth, TX

PURPOSE: AGRICULTURAL DEVELOPMENT

$5,000
Folsom Point Charities

Fort Worth, TX

PURPOSE: CHARITABLE

$2,000
Bnsf Foundation

Fort Worth, TX

PURPOSE: YOUTH

$1,000
Bnsf Foundation

Fort Worth, TX

PURPOSE: YOUTH

$1,000
Alliance Texas Foundation

Fort Worth, TX

PURPOSE: LIVESTOCK & RANCHING FESTIVALS

$500
View Grant Recipient Profile

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