2020-11-09T21:12:03-06:00 2019-12-31 GRANT THORNTON LLP 2001 MARKET STREET SUITE 700 PHILADELPHIA PA 19103 990 2019-01-01 273513787 FARM JOURNAL AGRICULTURAL FOUNDATION DBA FARM JOURNAL FOUNDATION % KEITH MAYSONET FARM 2155578900 1600 Market Street Suite 1530 PHILADELPHIA PA 19103 TRICIA BEAL PRESIDENT 2155578900 2020-11-09 true Russlee Armstrong P00288383 2155614200 73.233.84.6 23695320203145000014 2020-11-09 P FC0D1EED51121CF46EA902ED34E5E16B88CDBA08 560A5221E85C69B18852755D46CE5F4776D286E5 2019 2021-01-29 14:40:06Z ANDREW WEBER JR 1600 MARKET STREET STE 1530 PHILADELPHIA PA 19103 640919 false X www.farmjournalfoundation.org X 2010 PA DEDICATION TO SUSTAINING AGRICULTURE'S ABILITY TO MEET THE VITAL NEEDS OF A GROWING POPULATION THROUGH EDUCATION AND ADVOCACY. 5 5 0 0 0 0 3129756 640919 0 0 0 0 0 0 3129756 640919 0 0 0 0 0 0 0 0 51733 1152441 1425246 1152441 1425246 1977315 -784327 2628342 1879100 34288 69373 2594054 1809727 X FARM JOURNAL FOUNDATIONS (FJF) MISSION IS TO SUSTAIN AGRICULTURES ABILITY TO MEET THE VITAL NEEDS OF A GROWING POPULATION THROUGH EDUCATION AND ADVOCACY. FJF IS AN INDEPENDENT, NON-PARTISAN ORGANIZATION FOCUSED ON SUPPORTING AMERICAN LEADERSHIP IN AGRICULTURAL PRODUCTIVITY AND TECHNOLOGY IMPORTANT ISSUES FOR AMERICAS FARMERS AND THE U.S. ECONOMY, AND VITAL FOR GLOBAL FOOD SECURITY. KEY FOCUS AREAS FOR THE ORGANIZATION INCLUDE: GLOBAL FOOD SECURITY, NUTRITION, AGRICULTURE RESEARCH AND DEVELOPMENT, AND CONSERVATION AGRICULTURE. KEY STAKEHOLDER FOOTPRINTS INCLUDE: FARMERS, NATIONAL LEVEL POLICYMAKERS, AND UNIVERSITY STUDENTS. false false 1284919 KEY PROGRAMS OF THE FARM JOURNAL FOUNDATION INCLUDE: -FARMERS: FARM JOURNAL FOUNDATION'S FARMER AMBASSADORS ARE A NATIONAL NETWORK OF FARMERS AND PRODUCERS PASSIONATE ABOUT THE ROLE OF AGRICULTURE IN ADDRESSING HUNGER AROUND THE WORLD. MEMBERS SEEK TO ENGAGE WITH POLICY MAKERS, PROMOTING A NATIONAL VISION AND COMMITMENT TO INTERNATIONAL AGRICULTURAL DEVELOPMENT IN U.S. FOREIGN POLICY. SINCE THE LAUNCH OF THE PROGRAM LESS THAN 3 YEARS AGO, THESE LEADERS HAVE CONDUCTED MORE THAN 300 MEETINGS ON CAPITOL HILL WITH POLICYMAKERS. FARMERS AND PRODUCERS WORK IN PARTNERSHIP WITH FARM JOURNAL FOUNDATION AT THE GLOBAL LEVEL AND IN THEIR HOME STATE COMMUNITIES TO COMMUNICATE WITH AND EDUCATE DIVERSE STAKEHOLDERS ABOUT THE ROLE OF MODERN AGRICULTURE IN FEEDING THE WORLD. TYPICAL ENGAGEMENTS INCLUDE: SPEAKING OPPORTUNITIES, GUEST LECTURING ON UNIVERSITY CAMPUSES, HOSTING COMMUNITY EVENTS AND SUPPORTING MISSION-ALIGNED ORGANIZATIONS INCLUDING COMMUNITY GARDENS, FOOD BANKS AND LOCAL SCHOOLS. -NATIONAL LEVEL POLICY: THE FARM JOURNAL FOUNDATION POLICY DIALOGUE CONVENES GLOBAL THOUGHT LEADERS WITH KEY POLICY INFLUENCERS TO FACILITATE DISCUSSION AND CRITICAL THINKING AROUND THE MOST IMPORTANT ISSUES FRAMING FOOD AND AGRICULTURE POLICY TODAY. EFFORTS INCLUDE PEER-REVIEWED PAPERS AND RELATED BRIEFINGS THAT SUPPORT A POLICY DIALOGUE ON HOW U.S. AGRICULTURE CAN MAINTAIN ITS COMPARATIVE STRENGTH, SHARE ITS EXTRAORDINARY KNOWLEDGE AND TOOLS AND DRIVE ECONOMIC GROWTH AND STABILITY. -UNIVERSITY STUDENTS: FJF UNIVERSITY CAMPUS TOUR IS AN EDUCATIONAL AND ADVOCACY PLATFORM DESIGNED TO ENGAGE UNIVERSITY STUDENT POPULATIONS. A CENTRAL PURPOSE OF THE FJF CAMPUS TOUR IS COMMUNICATION OUTSIDE OF THE BUBBLE OF AGRICULTURE WITH FUTURE INFLUENCERS: VOTERS, CONSUMERS, COMMUNITY LEADERS, TO CONNECT PEOPLE WITH THE CENTRAL AND NECESSARY ROLE OF MODERN AGRICULTURE IN CREATING AFFORDABLE, WHOLESOME FOOD FOR ALL. THE CAMPUS TOUR MODEL LEVERAGES A MULTI-CHANNEL APPROACH TO ENGAGEMENT THAT INCORPORATES THE FOLLOWING ELEMENTS FOR IMPACT: CAMPUS AMBASSADOR LEADERSHIP PROGRAM, MOBILE LEARNING EXHIBIT, FJF IN THE CLASSROOM: THOUGHT LEADERSHIP AND CURRICULUM, CAMPUS-LEVEL VOLUNTEER ENGAGEMENTS AND TECHNOLOGY-MOBILE APPS, ELEARNING AND ADVOCACY: STAKEHOLDER-TO-NATIONAL POLICYMAKER. 1284919 true true false true false false false false false false false false false false false true true false false false false false false false false false false false false false false false false false false false false true false false false false false false false false false true 0 0 0 false false false false false false false false false false false false X 5 5 true false false false false false false true true false false true true true true true true false false false PA X KEITH MAYSONET 2155578900 1600 MARKET STREET SUITE 1530 PHIILADELPHIA PA 19103 X X Kip Tom Board Member(END MAY 2019) 0.5 0.0 X 0 0 0 Lyle Orwig Board Member 0.5 0.0 X 0 0 0 Jim Morris Board Member 0.5 0.0 X 0 0 0 Andrew Weber Jr CHAIRMAN & BOARD MEMBER 1.0 0.0 X X 0 0 0 Charlene Finck President & Board Member 1.0 0.0 X X 0 0 0 Gregg Halverson Board Member(BEG APRIL 2019) 0.5 0.0 X 0 0 0 Tricia Beal FOUNDATION - CEO 40.0 0.0 X 0 0 0 Joseph Matthews TREASURER AND SECRETARY 1.5 0.0 X 0 0 0 0 0 0 0 false false false 0 640919 640919 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 640919 0 0 0 0 0 0 0 0 0 0 552964 455323 46776 50865 16549 16549 22548 22548 11925 11925 0 0 313851 313851 0 4770 4770 0 0 47800 45045 1887 868 128670 128670 0 0 0 0 0 0 EXHIBITS/EVENTS 320633 320633 BANK CHARGES 834 834 POLICY DIALOGUE EDUC PROGRAM 4702 4702 1425246 1284919 88594 51733 1079482 283265 0 0 1548860 1595835 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 2628342 1879100 34288 69373 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 34288 69373 X 18344 300034 2575710 1509693 2594054 1809727 2628342 1879100 -784327 X false true X true false X 3594747 303185 576249 3129756 640919 8244856 0 0 3594747 303185 576249 3129756 640919 8244856 6803988 1440868 0 0 0 8244856 225000 0.17476 0.14746 X Facts and Circumstances Test FARM JOURNAL FOUNDATION (FOUNDATION) IS DEDICATED TO SUSTAINING AGRICULTURE'S ABILITY TO MEET THE VITAL NEEDS OF A GROWING POPULATION THROUGH EDUCATION AND ADVOCACY. FOUNDATION QUALIFIES AS PUBLICLY SUPPORTED BECAUSE IT MEETS THE 10 PERCENT FACTS AND CIRCUMSTANCES TEST UNDER TREASURY REGULATION 1.170A-9(F)(3)(I)-(III, AND SUBSETS (A)-(E)) IN THE FOLLOWING RESPECTS: I. 10 PERCENT OF SUPPORT LIMITATION: FOUNDATION'S PUBLIC SUPPORT FRACTION IS 17.48, ABOVE THE 10 PERCENT THRESHOLD. II. ATTRACTION OF PUBLIC SUPPORT: FOUNDATION IS ORGANIZED AND OPERATED TO ATTRACT NEW AND ADDITIONAL SUPPORT ON A CONTINUOUS BASIS. THE ORGANIZATION CONNECTS FARMERS AND RANCHERS, INDUSTRY, ACADEMIA, GOVERNMENT, CONSUMERS, AND NGO PARTNERSHIPS AROUND THE WORLD TO: - ADVOCATE FOR A POLICY ENVIRONMENT THAT PRIORITIZES GLOBAL FOOD SECURITY ISSUES AND EMPOWERS FARMERS AND RANCHERS TO MEET THE CHALLENGE; - ELEVATE THE NEXT GENERATION AND CONSUMER UNDERSTANDING OF THE CONNECTION BETWEEN EXPANDING GLOBAL NUTRITIONAL NEEDS AND ADVANCING AGRICULTURE'S CAPACITY TO MEET THOSE NEEDS; AND - ADVANCE SUSTAINABLE AGRICULTURAL DEVELOPMENT AND PROVEN FOOD SECURITY SOLUTIONS. AND AS A RESULT OF THESE EFFORTS, THE FOUNDATION IS GAINING SUPPORT FROM THE GENERAL PUBLIC. THE FOUNDATION UNDERSTANDS THE NEED FOR SUPPORT FROM INDIVIDUALS, PUBLIC CHARITIES AND THE GOVERNMENT IN ORDER TO RAISE ITS PUBLIC SUPPORT PERCENTAGE AND IT IS STRUCTURING ITS DEVELOPMENT EFFORTS TOWARD THESE DONORS. III(A/B). PERCENTAGE AND SOURCES OF SUPPORT: FOUNDATION IS SUPPORTED BY A DIVERSE AND REPRESENTATIVE GROUP OF DONORS. EARLY IN ITS EXISTENCE, THE FOUNDATION RECEIVED ITS MOST GENEROUS SUPPORT FROM A FEW CORPORATIONS AND A FEW OF THE WORLD'S GREATEST PHILANTHROPIC PRIVATE FOUNDATIONS; HOWEVER, DURING 2019, THE FOUNDATION RECEIVED GRANTS AND CONTRIBUTIONS FROM 23 DONORS, INCLUDING INDIVIDUALS, PUBLIC CHARITIES, PRIVATE FOUNDATIONS, CORPORATIONS, AND THE AMAZON SMILE PROGRAM. OF THESE 23 DONORS, 74 PERCENT WERE INDIVIDUALS MAKING GIFTS OF $1,000 OR LESS. THE TAKE-AWAY HERE IS THAT FOUNDATION'S PROGRAMS AND ACTIVITIES HAVE BROAD APPEAL TO MEMBERS OF THE PUBLIC - CLEARLY SOCIETIES ALL OVER THE WORLD WISH TO ALLEVIATE THE PROBLEM OF FOOD INSECURITY AND INADEQUATE NUTRITION. III(C). REPRESENTATIVE GOVERNING BODY: FOUNDATION IS GOVERNED BY A FIVE-MEMBER BOARD OF DIRECTORS AND ALL SUCH DIRECTORS ARE INDEPENDENT. THE BOARD MEMBERS INCLUDE COMMUNITY LEADERS, CIVIC LEADERS, INDUSTRY SPECIALISTS, AND PHILANTHROPISTS WHO BRING TO THE FOUNDATION'S BOARD A CROSS-SECTION OF THE VIEWS AND INTERESTS OF THE PROBLEM THE FOUNDATION IS TACKLING - WORLD HUNGER. III(D). AVAILABILITY OF PUBLIC FACILITIES OR SERVICES; PUBLIC PARTICIPATION IN PROGRAMS OR POLICIES: FOUNDATION CONDUCTS EXTENSIVE AND ON-GOING PROGRAMS AND ACTIVITIES THAT ARE DESIGNED TO INFORM THE PUBLIC, THE MEDIA AND POLICYMAKERS ABOUT THE SUBJECTS OF GLOBAL FOOD SECURITY, NUTRITION, AND INTERNATIONAL AGRICULTURE DEVELOPMENT SOLUTIONS. THE FOUNDATION'S PROGRAM, FARMERS FEEDING THE WORLD, IS A PLATFORM FOR ENGAGING INDIVIDUAL FARMERS AND FARMER ORGANIZATIONS IN THE PHILANTHROPIC AND PROGRAMMATIC SUPPORT OF GLOBAL FOOD SECURITY. IT IS A NATIONAL NETWORK OF FARMERS PASSIONATE ABOUT THE ROLE OF AGRICULTURE IN ADDRESSING HUNGER AROUND THE WORLD. FOUNDATION SEEKS TO ENGAGE WITH POLICY MAKERS, PROMOTING A NATIONAL VISION AND COMMITMENT TO INTERNATIONAL AGRICULTURAL DEVELOPMENT. IN U.S. FOREIGN POLICY, THE FOUNDATION'S UNIVERSITY ENGAGEMENT PROGRAM CONNECTS UNIVERSITY AND COLLEGE STUDENTS TO THE SUBJECTS OF GLOBAL FOOD SECURITY AND NUTRITION, INTERNATIONAL AGRICULTURE DEVELOPMENT SOLUTIONS. THE FOUNDATIONS UNIVERSITY ENGAGEMENT PROGRAMS INCLUDES TOWN HALL EXPERIENCES, EXPERIENTIAL LEARNING OPPORTUNITIES, CLASSROOM CURRICULUM AND AN INTERACTIVE MOBILE EXHIBIT. THROUGH THIS PROGRAM, THE FOUNDATION HAS ENGAGED WITH OVER 3 MILLION STUDENTS ACROSS MORE THAN 250 UNIVERSITY CAMPUSES AND OTHER VENUES. THE GOAL OF THE UNIVERSITY ENGAGEMENT PROGRAM IS TO CREATE FUTURE CHAMPIONS FOR AGRICULTURE. THE FOUNDATION'S PROGRAM, FJF POLICY DIALOGUE, IDENTIFIES IMPORTANT POLICY MOMENTS AND CREATES ACTIONABLE EDUCATION AND INTERVENTIONS GEARED TOWARDS NATIONAL LEVEL POLICYMAKERS. THROUGH THIS SOME OF THE MOST ELITE, GLOBAL THOUGHT LEADERSHIP ON TOPICS INCLUDING RESEARCH, INSTITUTIONAL CAPACITY BUILDING AND TRADE, TO CREATE CONCISE, IMPACTFUL RESEARCH PAPERS THAT FORM THE FRAMEWORK FOR CAPITOL HILL BRIEFINGS AND TO INFORM AND SUPPORT OTHER ORGANIZATIONS ADVOCATING FOR FOOD SECURITY AND PROPER NUTRITION. THE FOUNDATIONS PROGRAM AGRICULTURE THROUGH THE VOICE OF THE FARMER GARDEN IS A LIVING CLASSROOM THAT WAS LAUNCHED IN 2019 THROUGH A COOPERATIVE AGREEMENT WITH USDAS AGRICULTURE MARKETING SERVICES. THIS EXHIBIT IS ANCHORED BY A PERMANENT GARDEN SPACE LOCATED ADJACENT TO THE JAMIE L. WHITTEN BUILDING ON THE USDA CAMPUS AND THE NATIONAL MALL. YEAR ROUND, IN-PERSON OR ONLINE VISITORS CAN ENGAGE IN A WALKING TOUR AROUND 12 PLOTS IN THE GARDEN AS NARRATED BY FARMERS WHO DISCUSS THE CROPS BEING GROWN AND THE IMPORTANCE OF AGRICULTURAL INNOVATIONS AND TECHNOLOGIES THAT MAKE FEEDING A GROWING POPULATION POSSIBLE. THE VOICE OF THE FARMER GARDEN IS STAFFED BY GARDEN AMBASSADORS WHO ARE LOCAL COLLEGE STUDENTS THAT HAVE BEEN SPECIALLY TRAINED THROUGH THE FOUNDATIONS ESTABLISHED LEADERSHIP DEVELOPMENT PROGRAMS. AT THE GARDEN THESE AMBASSADORS ENGAGE WITH VISITORS, HOST VIP DELEGATIONS, AND MANAGE THE EXHIBIT. III(E). ADDITIONAL FACTORS PERTINENT TO MEMBERSHIP ORGANIZATIONS: NOT APPLICABLE. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 11925 11925 1272994 1284919 203492 50873 189472 170921 175233 203492 739118 1108677 60000 36500 37500 11925 145925 47368 42720 43808 50873 184769 277154 3510 3510 0 0 640919 640919 640919 1425246 1425246 1425246 PART X, LINE 2 THE FOUNDATION FOLLOWS THE APPROPRIATE ACCOUNTING GUIDANCE WHICH PRESCRIBES A MODEL FOR THE RECOGNITION AND MEASUREMENT OF A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN, AND PROVIDES GUIDANCE ON RECOGNITION, CLASSIFICATION, INTEREST AND PENALTIES, DISCLOSURE AND TRANSITION. AT DECEMBER 31, 2019, THE FOUNDATION DOES NOT BELIEVE ITS FINANCIAL STATEMENTS INCLUDE ANY MATERIAL UNCERTAIN TAX POSITIONS. FARM JOURNAL INC BOARD MEMBER-BOARD MEMBER 614723 Management Fee false FARM JOURNAL INC BOARD MEMBER-BOARD MEMBER 75000 PROFESSIONAL SERVICES false PART IV, BUSINESS TRANSACTIONS INVOLVING INTERESTED PERSONS THREE OFFICERS OF THE FOUNDATION SERVE AS OFFICERS AND/OR DIRECTORS ON AN ENTITY (FARM JOURNAL, INC. (FJI)) OTHER THAN A TAX-EXEMPT ORGANIZATION UNDER SECTION 501(C) OR A GOVERNMENTAL UNIT OR INSTRUMENTALITY. THE FOUNDATION'S BOARD AUTHORIZED A MANAGEMENT FEE FROM FJI, IN 2019, OF $552,963 FOR PROVIDING SUPPORT SERVICES. FJI ALSO REIMBURSES FOR TRAVEL AND EXPENSES; THE TOTAL PAID IN 2019 WAS $61,760. THE FOUNDATION PARTNERED WITH FJI TO CREATE THE E-LEARNING SERIES TITLED: - UNDERSTANDING U.S. AGRICULTURE THROUGH THE FARMERS VOICE. IT IS IN AN EFFORT TO INTRODUCE FOOD COMPANY LEADERS AND OTHER RELEVANT STAKEHOLDERS TO THE BUSINESS AND CULTURE OF AGRICULTURE. FJI ENGAGED THE FOUNDATION TO WORK ON THIS PROJECT FOR A FEE OF $225,000 OF WHICH $75,000 WAS PAID IN 2019. SUPPLEMENTAL INFORMATION Farm Journal Foundations (Foundation) contribution and grant revenue fluctuates from year to year depending on a number of different factors. The primary factor is that we receive several multi-year grants from prominent U.S. private foundations that establish grant distribution schedules contingent upon achieving certain milestones, targets and other reporting deliverables. Depending on the agreed timing of completing these milestones or targets, our grant payments will vary from year to year. Secondarily, as the Foundations programmatic initiatives continue to gain attention from the public, we are seeing increased donations from individual donors. Depending on economic and societal factors (i.e. COVID-19), the charitable giving we receive will, likewise, fluctuate with the current economic outlook. PART VI, SECTION A, QUESTION 2 FAMILY/BUSINESS RELATIONSHIPS: ANDREW WEBER, JR., CHARLENE FINCK, AND JOSEPH MATTHEWS ARE OFFICERS IN COMMON BUSINESS ENTITIES. PART VI, SECTION B, QUESTION 11B FORM 990 REVIEW: FORM 990 IS PREPARED BY AN INTERNATIONAL ACCOUNTING FIRM UNDER THE DIRECTION OF THE FOUNDATION'S FINANCE STAFF. IT IS REVIEWED IN DEPTH BY THE AUDIT COMMITTEE OF THE FOUNDATION'S BOARD OF DIRECTORS WHO MEET WITH THE FINANCE STAFF AND INDEPENDENT TAX PREPARERS/ADVISORS TO PERFORM THIS REVIEW. A COPY OF THE FORM 990 IS GIVEN TO EACH MEMBER OF THE BOARD OF DIRECTORS. FORM 990 IS FILED WITH THE INTERNAL REVENUE SERVICE AFTER THE BOARD HAS PASSED A RESOLUTION TO APPROVE IT. PART VI, SECTION B, QUESTION 12 CONFLICT OF INTEREST POLICY: THE FOUNDATION HAS IMPLEMENTED A CONFLICT OF INTEREST POLICY. ANNUALLY, THE FOUNDATION REQUESTS THAT THE OFFICERS AND DIRECTORS COMPLETE A QUESTIONNAIRE WHICH INCLUDES DISCLOSING INTERESTS THAT COULD GIVE RISE TO CONFLICTS. THE FOUNDATION MAKES EFFORTS TO REGULARLY AND CONSISTENTLY MONITOR AND ENFORCE COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY. PART VI, SECTION B, QUESTION 15A & 15B PROCESS FOR DETERMINING COMPENSATION: THE FOUNDATION DOES NOT COMPENSATE ITS TOP MANAGEMENT OFFICIAL OR ANY OTHER OFFICER. PART VII MS. BEAL, CHIEF EXECUTIVE OFFICER FOR THE FOUNDATION, IS COMPENSATED THROUGH A MANAGEMENT CONTRACT BETWEEN FARM JOURNAL, INC. AND THE FOUNDATION. FORM 990 PART IX LINE 11G DESCRIPTION:NEW INITIATIVE EXPENSE TOTAL FEES:13165 FORM 990 PART IX LINE 11G DESCRIPTION:POLICY/PROJECT CONSULTING TOTAL FEES:296998 FORM 990 PART IX LINE 11G DESCRIPTION:MISCELLANEOUS PROGRAMMING TOTAL FEES:3688