FARM JOURNAL AGRICULTURAL FOUNDATION: Form 990, tax year 2017

View the entire original 990 at ProPublica ↗

Organization
FARM JOURNAL AGRICULTURAL FOUNDATION (EIN 27-3513787)
Tax period
2017-01-01 to 2017-12-31
Filed
2018-11-12
IRS object ID
201843169349302569
Schema version
2017v2.3
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2018-11-12T12:45:25-06:00ReturnTs
Tax Period End2017-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1GRANT THORNTON LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line12001 MARKET STREET SUITE 700AddressLine1Txt
CityPHILADELPHIACityNm
State AbbreviationPAStateAbbreviationCd
ZIP19103ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2017-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN273513787EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1FARM JOURNAL AGRICULTURAL FOUNDATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
In Care Of% KEITH MAYSONETInCareOfNm
Business Name ControlFARMBusinessNameControlTxt
Phone2155578900PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11600 Market Street Suite 1530AddressLine1Txt
CityPHILADELPHIACityNm
State AbbreviationPAStateAbbreviationCd
ZIP19103ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonTRICIA BEALPersonNm
Person TitlePRESIDENTPersonTitleTxt
Phone2155578900PhoneNum
Signature2018-10-18SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonRusslee ArmstrongPreparerPersonNm
PTINP00288383PTIN
Phone2155614200PhoneNum

Filing Security Information FilingSecurityInformation

IP Address IPAddress

FieldValueIRS element (for citing)
I Pv4 Address209.220.136.124IPv4AddressTxt
FieldValueIRS element (for citing)
Federal Original Submission Id23695320183165000005FederalOriginalSubmissionId
Federal Original Submission Id2018-11-12FederalOriginalSubmissionIdDt
Filing License TypePFilingLicenseTypeCd
At Submission Creation Device Id49AA05A0C23186A5B0AD8D02154657298D38306AAtSubmissionCreationDeviceId
At Submission Filing Device IdBDBF0EE1D329D593BE78B82C84B7AA41C6DF3E49AtSubmissionFilingDeviceId
FieldValueIRS element (for citing)
Tax2017TaxYr
Build TS2019-02-21 02:37:17ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerANDREW WEBER JRPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line11600 MARKET STREET STE 1530AddressLine1Txt
CityPHILADELPHIACityNm
State AbbreviationPAStateAbbreviationCd
ZIP19103ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$801,249GrossReceiptsAmt
Group Return For AffiliatesfalseGroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website Addresswww.farmjournalfoundation.orgWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2010FormationYr
Legal Domicile StatePALegalDomicileStateCd
Activity Or MissionDEDICATION TO SUSTAINING AGRICULTURE'S ABILITY TO MEET THE VITAL NEEDS OF A GROWING POPULATION THROUGH EDUCATION AND EMPOWERMENT.ActivityOrMissionDesc
Voting Members Governing Body6VotingMembersGoverningBodyCnt
Voting Members Independent6VotingMembersIndependentCnt
Total Employee0TotalEmployeeCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$303,185PYContributionsGrantsAmt
CY Contributions Grants$801,249CYContributionsGrantsAmt
PY Program Service Revenue$0PYProgramServiceRevenueAmt
CY Program Service Revenue$0CYProgramServiceRevenueAmt
PY Investment Income$0PYInvestmentIncomeAmt
CY Investment Income$0CYInvestmentIncomeAmt
PY Other Revenue$0PYOtherRevenueAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$303,185PYTotalRevenueAmt
CY Total Revenue$801,249CYTotalRevenueAmt
PY Grants And Similar Paid$0PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$0PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$0CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$97,480CYTotalFundraisingExpenseAmt
PY Other Expenses$1,346,532PYOtherExpensesAmt
CY Other Expenses$1,149,692CYOtherExpensesAmt
PY Total Expenses$1,346,532PYTotalExpensesAmt
CY Total Expenses$1,149,692CYTotalExpensesAmt
PY Revenues Less Expenses-$1,043,347PYRevenuesLessExpensesAmt
CY Revenues Less Expenses-$348,443CYRevenuesLessExpensesAmt
Total Assets BOY$1,275,596TotalAssetsBOYAmt
Total Assets EOY$888,533TotalAssetsEOYAmt
Total Liabilities BOY$310,414TotalLiabilitiesBOYAmt
Total Liabilities EOY$271,794TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$965,182NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$616,739NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionFARM JOURNAL AGRICULTURAL FOUNDATION IS DEDICATED TO SUSTAINING AGRICULTURE'S ABILITY TO MEET THE VITAL NEEDS OF A GROWING POPULATION THROUGH EDUCATION AND EMPOWERMENT. CONNECTING FARMERS AND RANCHERS, INDUSTRY, ACADEMIA, GOVERNMENT, CONSUMERS, AND NGO PARTNERSHIPS AROUND THE WORLD TO: - ADVOCATE FOR A POLICY ENVIRONMENT THAT PRIORITIZES AGRICULTURAL DEVELOPMENT THAT EMPOWERS FARMERS AND RANCHERS - ELEVATE THE NEXT GENERATION'S UNDERSTANDING OF THE CONNECTION BETWEEN EXPANDING GLOBAL NUTRITIONAL NEEDS AND MODERN AGRICULTURE'S CAPACITY TO MEET THOSE NEEDS - ADVANCE SUSTAINABLE AGRICULTURAL DEVELOPMENT POLICIES AND PRACTICES AND OTHER PROVEN HUNGER SOLUTIONS TO ACHIEVE FOOD SECURITY AND IMPROVED NUTRITIONMissionDesc
Significant New Program SrvcfalseSignificantNewProgramSrvcInd
Significant ChangefalseSignificantChangeInd
Expense$959,211ExpenseAmt
DescThe Foundation's program service accomplishments are as follows: - HungerU is a Next i engagement platform with a dynamic mobile exhibit that travels to college campuses around the nation raising awareness of nutrition and food security issues. It incorporates experiential learning opportunities and classroom curriculum that directly connect students to a field level view of the diversity and importance of the global food system. - Farmers Feeding the World is a national network of farmers passionate about the role of agriculture in addressing hunger by engaging policy makers, promoting a national vision and commitment to international agricultural development in U.S. foreign policy. - The Farm Journal Foundation Dialogue platform identifies important policy moments and creates actionable educational interventions geared towards National-level policymakers. Through this new platform, the Foundation is working with some of the most elite, global thought leaders. The Year 2017 topics included research, impactful institutional capacity building and trade to create concise, impactful research papers that will form the framework for direct hill briefings.Desc
Total Program Service Expenses$959,211TotalProgramServiceExpensesAmt
Described In Section501c3Yes (true)DescribedInSection501c3Ind
Schedule B RequiredYes (true)ScheduleBRequiredInd
Political Campaign ActyfalsePoliticalCampaignActyInd
Lobbying ActivitiesfalseLobbyingActivitiesInd
Subject To Proxy TaxfalseSubjectToProxyTaxInd
Donor Advised FundfalseDonorAdvisedFundInd
Conservation EasementsfalseConservationEasementsInd
Collections Of ArtfalseCollectionsOfArtInd
Credit CounselingfalseCreditCounselingInd
Temp Or Permanent EndowmentsfalseTempOrPermanentEndowmentsInd
Report Land Building EquipmentfalseReportLandBuildingEquipmentInd
Report Investments Other SecfalseReportInvestmentsOtherSecInd
Report Program Related InvstfalseReportProgramRelatedInvstInd
Report Other AssetsfalseReportOtherAssetsInd
Report Other LiabilitiesfalseReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (true)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (true)IndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtfalseConsolidatedAuditFinclStmtInd
School OperatingfalseSchoolOperatingInd
Foreign OfficefalseForeignOfficeInd
Foreign ActivitiesfalseForeignActivitiesInd
More Than5000 K To OrgfalseMoreThan5000KToOrgInd
More Than5000 K To IndividualsfalseMoreThan5000KToIndividualsInd
Professional FundraisingfalseProfessionalFundraisingInd
Fundraising ActivitiesfalseFundraisingActivitiesInd
Gaming ActivitiesfalseGamingActivitiesInd
Operate HospitalfalseOperateHospitalInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Grants To IndividualsfalseGrantsToIndividualsInd
Schedule J RequiredfalseScheduleJRequiredInd
Tax Exempt BondsfalseTaxExemptBondsInd
Engaged In Excess Benefit TransfalseEngagedInExcessBenefitTransInd
PY Excess Benefit TransfalsePYExcessBenefitTransInd
Loan OutstandingfalseLoanOutstandingInd
Grant To Related PersonfalseGrantToRelatedPersonInd
Business Rln With Org MemfalseBusinessRlnWithOrgMemInd
Business Rln With Fam MemfalseBusinessRlnWithFamMemInd
Business Rln With Officer EntYes (true)BusinessRlnWithOfficerEntInd
Deductible Non Cash ContrifalseDeductibleNonCashContriInd
Deductible Art ContributionfalseDeductibleArtContributionInd
Terminate OperationsfalseTerminateOperationsInd
Partial LiquidationfalsePartialLiquidationInd
Disregarded EntityfalseDisregardedEntityInd
Related EntityfalseRelatedEntityInd
Related Organization Ctrl EntfalseRelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd OrgfalseTrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted PrtshpfalseActivitiesConductedPrtshpInd
Schedule O RequiredYes (true)ScheduleORequiredInd
IRP Document0IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Employee0EmployeeCnt
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Foreign Financial AccountfalseForeignFinancialAccountInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Taxable Party NotificationfalseTaxablePartyNotificationInd
Nondeductible ContributionsfalseNondeductibleContributionsInd
Quid Pro Quo ContributionsfalseQuidProQuoContributionsInd
Form8282 Property Disposed OffalseForm8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Indoor Tanning ServicesfalseIndoorTanningServicesInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members6GoverningBodyVotingMembersCnt
Independent Voting Member6IndependentVotingMemberCnt
Family Or Business RlnYes (true)FamilyOrBusinessRlnInd
Delegation Of Mgmt DutiesfalseDelegationOfMgmtDutiesInd
Change To Org DocumentsfalseChangeToOrgDocumentsInd
Material Diversion Or MisusefalseMaterialDiversionOrMisuseInd
Members Or StockholdersfalseMembersOrStockholdersInd
Election Of Board MembersfalseElectionOfBoardMembersInd
Decisions Subject To ApprovafalseDecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (true)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (true)MinutesOfCommitteesInd
Officer Mailing AddressfalseOfficerMailingAddressInd
Local ChaptersfalseLocalChaptersInd
Form990 Provided To Gvrn BodyYes (true)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (true)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (true)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (true)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (true)WhistleblowerPolicyInd
Document Retention PolicyYes (true)DocumentRetentionPolicyInd
Compensation Process CEOfalseCompensationProcessCEOInd
Compensation Process OtherfalseCompensationProcessOtherInd
Investment In Joint VenturefalseInvestmentInJointVentureInd
States Where Copy Of Return Is FldPAStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonKEITH MAYSONETPersonNm
Phone2155578900PhoneNum

US Address USAddress

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Address Line11600 MARKET STREET SUITE 1530AddressLine1Txt
CityPHIILADELPHIACityNm
State AbbreviationPAStateAbbreviationCd
ZIP19103ZIPCd
FieldValueIRS element (for citing)
Info In Schedule O Part VIIYes (X)InfoInScheduleOPartVIIInd
No Listed Persons CompensatedYes (X)NoListedPersonsCompensatedInd

Form990 Part VII Section A Form990PartVIISectionAGrp (9 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtAverage Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtOfficerOfficerInd
Kip Tom
Board Member0.50.0Yes (X)$0$0$0
Lyle Orwig
Board Member0.50.0Yes (X)$0$0$0
Jim Morris
Board Member0.50.0Yes (X)$0$0$0
Andrew Weber Jr
CHAIRMAN & BOARD MEMBER1.00.0Yes (X)$0$0$0Yes (X)
Charlene Finck
President & Board Member1.00.0Yes (X)$0$0$0Yes (X)
Jeff Pence
Board Member0.50.0Yes (X)$0$0$0
Tom Dorr END DATE 1282017
BOARD MEMBER0.50.0Yes (X)$0$0$0
Tricia Beal
FOUNDATION - CEO40.00.0$0$0$0Yes (X)
Joseph Matthews
TREASURER AND SECRETARY1.50.0$0$0$0Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$0TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$0TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K0IndivRcvdGreaterThan100KCnt
Former Ofcr Employees ListedfalseFormerOfcrEmployeesListedInd
Total Comp Greater Than150 KfalseTotalCompGreaterThan150KInd
Compensation From Other SrcsfalseCompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K0CntrctRcvdGreaterThan100KCnt
All Other Contributions$801,249AllOtherContributionsAmt
Total Contributions$801,249TotalContributionsAmt
Total Program Service Revenue$0TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

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Total Revenue Column$0TotalRevenueColumnAmt

Incm From Invest Bond Proceeds IncmFromInvestBondProceedsGrp

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Total Revenue Column$0TotalRevenueColumnAmt

Royalties Revenue RoyaltiesRevenueGrp

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Real$0RealAmt
Personal$0PersonalAmt

Net Rental Income Or Loss NetRentalIncomeOrLossGrp

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Total Revenue Column$0TotalRevenueColumnAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

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Total Revenue Column$0TotalRevenueColumnAmt
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Fundraising Gross Income$0FundraisingGrossIncomeAmt
Fundraising Direct Expenses$0FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

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Total Revenue Column$0TotalRevenueColumnAmt
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Net Income From Gaming NetIncomeFromGamingGrp

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Total Revenue Column$0TotalRevenueColumnAmt
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Net Income Or Loss NetIncomeOrLossGrp

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Total Revenue TotalRevenueGrp

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Total Revenue Column$801,249TotalRevenueColumnAmt

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Total$0TotalAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

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Total$0TotalAmt

Foreign Grants ForeignGrantsGrp

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Total$0TotalAmt

Benefits To Members BenefitsToMembersGrp

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Total$0TotalAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

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Total$0TotalAmt

Comp Disqual Persons CompDisqualPersonsGrp

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Total$0TotalAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

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Total$0TotalAmt

Pension Plan Contributions PensionPlanContributionsGrp

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Total$0TotalAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

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Total$0TotalAmt

Payroll Taxes PayrollTaxesGrp

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Total$0TotalAmt

Fees For Services Management FeesForServicesManagementGrp

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Total$507,411TotalAmt
Program Services$352,922ProgramServicesAmt
Management And General$61,209ManagementAndGeneralAmt
Fundraising$93,280FundraisingAmt

Fees For Services Legal FeesForServicesLegalGrp

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Total$0TotalAmt

Fees For Services Accounting FeesForServicesAccountingGrp

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Total$19,211TotalAmt
Management And General$19,211ManagementAndGeneralAmt

Fees For Services Lobbying FeesForServicesLobbyingGrp

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Total$0TotalAmt

Fees For Services Prof Fundraising FeesForServicesProfFundraising

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Total$0TotalAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

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Total$0TotalAmt

Fees For Services Other FeesForServicesOtherGrp

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Total$168,212TotalAmt
Program Services$167,775ProgramServicesAmt
Management And General$437ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$23,093TotalAmt
Program Services$18,893ProgramServicesAmt
Fundraising$4,200FundraisingAmt

Office Expenses OfficeExpensesGrp

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Total$0TotalAmt

Information Technology InformationTechnologyGrp

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Total$0TotalAmt

Royalties RoyaltiesGrp

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Total$0TotalAmt

Occupancy OccupancyGrp

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Total$0TotalAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$61,769TotalAmt
Program Services$61,769ProgramServicesAmt

Pymt Travel Entrtnmnt Pub Ofcl PymtTravelEntrtnmntPubOfclGrp

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Total$0TotalAmt

Conferences Meetings ConferencesMeetingsGrp

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Total$0TotalAmt

Interest InterestGrp

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Total$0TotalAmt

Payments To Affiliates PaymentsToAffiliatesGrp

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Total$0TotalAmt

Depreciation Depletion DepreciationDepletionGrp

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Total$0TotalAmt

Insurance InsuranceGrp

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Total$10,994TotalAmt
Management And General$10,994ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmt
EXHIBITS/EVENTS$355,630$354,630$1,000
TELEPHONE$2,407$2,407
BANK CHARGES$815$815
TAX FILING FEES$150$150

Total Functional Expenses TotalFunctionalExpensesGrp

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Total$1,149,692TotalAmt
Program Services$959,211ProgramServicesAmt
Management And General$93,001ManagementAndGeneralAmt
Fundraising$97,480FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

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BOY$92,014BOYAmt
EOY$54,951EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

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BOY$0BOYAmt
EOY$0EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

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BOY$1,183,582BOYAmt
EOY$683,582EOYAmt

Accounts Receivable AccountsReceivableGrp

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EOY$150,000EOYAmt

Receivables From Officers Etc ReceivablesFromOfficersEtcGrp

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Inventories For Sale Or Use InventoriesForSaleOrUseGrp

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Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

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Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

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Investments Pub Traded Sec InvestmentsPubTradedSecGrp

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Investments Other Securities InvestmentsOtherSecuritiesGrp

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Investments Program Related InvestmentsProgramRelatedGrp

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Intangible Assets IntangibleAssetsGrp

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EOY$0EOYAmt

Other Assets Total OtherAssetsTotalGrp

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EOY$0EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$1,275,596BOYAmt
EOY$888,533EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

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BOY$310,414BOYAmt
EOY$271,794EOYAmt

Grants Payable GrantsPayableGrp

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BOY$0BOYAmt
EOY$0EOYAmt

Deferred Revenue DeferredRevenueGrp

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EOY$0EOYAmt

Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp

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Escrow Account Liability EscrowAccountLiabilityGrp

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Loans From Officers Directors LoansFromOfficersDirectorsGrp

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Other Liabilities OtherLiabilitiesGrp

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Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$310,414BOYAmt
EOY$271,794EOYAmt
FieldValueIRS element (for citing)
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

FieldValueIRS element (for citing)
BOY-$218,400BOYAmt
EOY-$268,643EOYAmt

Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp

FieldValueIRS element (for citing)
BOY$1,183,582BOYAmt
EOY$885,382EOYAmt

Permanently Rstr Net Assets PermanentlyRstrNetAssetsGrp

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BOY$0BOYAmt
EOY$0EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$965,182BOYAmt
EOY$616,739EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

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BOY$1,275,596BOYAmt
EOY$888,533EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss-$348,443ReconcilationRevenueExpnssAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or ReviewfalseAccountantCompileOrReviewInd
FS AuditedYes (true)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (true)AuditCommitteeInd
Federal Grant Audit RequiredfalseFederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Public Organization170Yes (X)PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$3,042,227CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$2,012,202CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$3,594,747CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$303,185CurrentTaxYearMinus1YearAmt
Current Tax Year$801,249CurrentTaxYearAmt
Total$9,753,610TotalAmt

Tax Rev Levied Orgnztnl Bnft170 TaxRevLeviedOrgnztnlBnft170Grp

FieldValueIRS element (for citing)
Total$0TotalAmt

Govt Furn Srvc Fclts Vl170 GovtFurnSrvcFcltsVl170Grp

FieldValueIRS element (for citing)
Total$0TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$3,042,227CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$2,012,202CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$3,594,747CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$303,185CurrentTaxYearMinus1YearAmt
Current Tax Year$801,249CurrentTaxYearAmt
Total$9,753,610TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$8,274,775SubstantialContributorsTotAmt
Public Support Total170$1,478,835PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Total$0TotalAmt

Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp

FieldValueIRS element (for citing)
Total$0TotalAmt

Other Income170 OtherIncome170Grp

FieldValueIRS element (for citing)
Total$0TotalAmt
FieldValueIRS element (for citing)
Total Support$9,753,610TotalSupportAmt
Public Support CY1700.15162PublicSupportCY170Pct
Public Support PY1700.16686PublicSupportPY170Pct
Ten Pct Facts Crcmstncs Test CYYes (X)TenPctFactsCrcmstncsTestCYInd

Form990 Schedule A Part VI Form990ScheduleAPartVIGrp

FieldValueIRS element (for citing)
Form And Line ReferenceFacts and Circumstances TestFormAndLineReferenceDesc
ExplanationFarm Journal Agricultural Foundation (Foundation) is dedicated to sustaining agriculture's ability to meet the vital needs of a growing population through education and empowerment. 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 15.1619, 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 AGRICULTURAL DEVELOPMENT THAT EMPOWERS FARMERS AND RANCHERS - ELEVATE THE NEXT GENERATION'S UNDERSTANDING OF THE CONNECTION BETWEEN EXPANDING GLOBAL NUTRITIONAL NEEDS AND MODERN AGRICULTURE'S CAPACITY TO MEET THOSE NEEDS - ADVANCE SUSTAINABLE AGRICULTURAL DEVELOPMENT POLICIES AND PRACTICES AND OTHER PROVEN HUNGER SOLUTIONS TO ACHIEVE FOOD SECURITY AND IMPROVED NUTRITION 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. The Foundation is only in year eight of existence and while in this start-up mode, the Foundation received its most generous support from corporations and some of the world's greatest philanthropic private foundations. However, during 2017, the Foundation did receive grants and contributions from 18 donors, including individuals, public charities, private foundations, and corporations. Of these 18 donors, 61 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 world hunger. III(C). Representative governing body: Foundation is governed by a seven 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 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 subject of world hunger. Foundation's program, Farmers Feeding the World, is a platform for engaging individual farmers and farmer organizations in the philanthropic support of hunger alleviation. 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. Foundation's program, HungerU, is a next generation engagement platform that connects University and College students to the powerful problems surrounding hunger in the world. HungerU programs include a dynamic mobile exhibit that travels to campuses around the nation raising awareness of nutrition and food security issues, experiential learning opportunities and classroom curriculum that directly connect students to field-level view of the diversity and importantce of the global food system and a vibrant digital and social media network that engages more than 20,000 students in ongoing education and advocacy opportunities. Foundation's program, Farm Journal Foundation Dialogue, identifies important policy moments and creates actionable education and interventions geared towards National level policymakers. Through this platform, the Foundation is working with some of the most elite, global thought leadership in the world on topics including research, institutional capacity building and trade, to create concise, impactful research papers that will form the framework for direct Capitol Hill briefings and to inform and support other organizations advocating for food and nutritional security. III(E). Additional factors pertinent to membership organizations: Not applicable.ExplanationTxt

Schedule B IRS990ScheduleB

Schedule D IRS990ScheduleD

FieldValueIRS element (for citing)
Art Public Exhibition AmountsArtPublicExhibitionAmountsGrp
Held Works ArtHeldWorksArtGrp
CY Minus3 Yr Endwmt FundCYMinus3YrEndwmtFundGrp
CY Minus4 Yr Endwmt FundCYMinus4YrEndwmtFundGrp
LandLandGrp
BuildingsBuildingsGrp
Leasehold ImprovementsLeaseholdImprovementsGrp
EquipmentEquipmentGrp
Other Land BuildingsOtherLandBuildingsGrp
Federal Income Tax Liability$0FederalIncomeTaxLiabilityAmt
Total Liability$0TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$829,413TotalRevEtcAuditedFinclStmtAmt
Donated Services And Use Fclts$28,164DonatedServicesAndUseFcltsAmt
Revenue Not Reported$28,164RevenueNotReportedAmt
Revenue Subtotal$801,249RevenueSubtotalAmt
Total Revenue Per Form990$801,249TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$1,177,856TotExpnsEtcAuditedFinclStmtAmt
Donated Services Use Fclts$28,164DonatedServicesUseFcltsAmt
Expenses Not Reported$28,164ExpensesNotReportedAmt
Expenses Subtotal$1,149,692ExpensesSubtotalAmt
Total Expenses Per Form990$1,149,692TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART X, LINE 2FormAndLineReferenceDesc
ExplanationTHE 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, 2017, THE FOUNDATION DOES NOT BELIEVE ITS FINANCIAL STATEMENTS INCLUDE ANY MATERIAL UNCERTAIN TAX POSITIONS.ExplanationTxt

Schedule L IRS990ScheduleL

Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp (3 entries)

Relationship DescriptionRelationshipDescriptionTxtTransactionTransactionAmtTransactionTransactionDescSharing Of RevenuesSharingOfRevenuesInd
FARM JOURNAL INC
BOARD MEMBER-BOARD MEMBER$28,164gift in kind-advertising svcsfalse
FARM JOURNAL INC
BOARD MEMBER-BOARD MEMBER$507,411Management Feefalse
FARM JOURNAL INC
BOARD MEMBER-BOARD MEMBER$75,000PROFESSIONAL SERVICESfalse

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART IV, BUSINESS TRANSACTIONS INVOLVING INTERESTED PERSONSFormAndLineReferenceDesc
ExplanationTwo 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. FJI provided advertising with a fair market value of $28,164 at no charge to the Foundation. The Foundation's board authorized a monthly management fee from FJI for $42,284 per month, $507,411 annually in 2017, for providing support services. 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 2017.ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (8 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART VI, SECTION A, QUESTION 2ANDREW WEBER, JR., CHARLENE FINCK, AND JOSEPH MATTHEWS ARE OFFICERS IN COMMON BUSINESS ENTITIES.
PART VI, SECTION B, QUESTION 11BFORM 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 12CONFLICT 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 & 15BTHE FOUNDATION DOES NOT COMPENSATE ITS TOP MANAGEMENT OFFICIAL OR ANY OTHER OFFICER.
PART VIIMS. 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 11GDESCRIPTION:CONSULTING TOTAL FEES:113869
FORM 990 PART IX LINE 11GDESCRIPTION:GATES FUD EU MAPPING PROJECT TOTAL FEES:53906
FORM 990 PART IX LINE 11GDESCRIPTION:OUTSIDE SERVICES TOTAL FEES:437

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