2017-11-15T13:47:27-06:00 2016-12-31 GRANT THORNTON LLP 2001 MARKET STREET SUITE 700 PHILADELPHIA PA 19103 990 2016-01-01 273513787 FARM JOURNAL AGRICULTURAL FOUNDATION % KEITH MAYSONET FARM 2155578900 1600 Market Street Suite 1530 PHILADELPHIA PA 19103 TRICIA BEAL PRESIDENT 2155578900 2017-11-07 true Russlee Armstrong P00288383 2155614200 209.220.136.124 23695320173195000056 2017-11-15 P 19739530E8FB4F7C1C006380FC5E44D6664E1EFF BDBF0EE1D329D593BE78B82C84B7AA41C6DF3E49 2016 2021-01-29 14:40:06Z ANDREW WEBER JR 1600 MARKET STREET STE 1530 PHILADELPHIA PA 19103 303185 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 EMPOWERMENT. 8 7 0 0 0 3594747 303185 0 0 0 0 0 0 3594747 303185 750 0 0 0 0 0 0 0 116600 1453500 1346532 1454250 1346532 2140497 -1043347 2488925 1275596 480396 310414 2008529 965182 FARM 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 NUTRITION false false 1144721 The 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. Year 2016 topics include research, impactful institutional capacity building and trade to create concise, impactful research papers that will form the framework for direct hill briefings. 1144721 true true false false 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 X 8 7 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 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 Tom Dorr 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 Board Member 1.0 0.0 X 0 0 0 Jeff Pence Board Member 0.5 0.0 X 0 0 0 Tricia Beal President & Board Member 40.0 0.0 X 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 303185 303185 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 303185 0 0 0 0 0 0 0 0 0 0 698000 529831 54306 113863 2280 2280 23625 23625 0 0 0 164386 164386 0 0 59967 59967 0 0 0 0 42056 36829 2490 2737 0 294 294 0 0 0 0 EXHIBITS/EVENTS 353708 353708 RECRUITMENT 951 951 BANK CHARGES 785 785 TAX FILING FEES 300 300 180 180 1346532 1144721 85211 116600 905343 92014 0 0 1583582 1183582 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 2488925 1275596 480396 310414 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 480396 310414 X 149097 -218400 1859432 1183582 0 0 2008529 965182 2488925 1275596 -1043347 X false true X true false X 2773729 3042227 2012202 3594747 303185 11726090 0 0 2773729 3042227 2012202 3594747 303185 11726090 9769481 1956609 0 0 0 11726090 0.16686 0.20050 X Facts and Circumstances Test Farm 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 16.69, well above the 10 percent threshold. This fraction is 50 percent of the way toward the one-third public support test. II. Attraction of public support: Foundation is organized and operated to attract new and additional support on a continuous basis. Foundation has aimed to rally communities around the fight against world hunger through its programs Farmers Feeding the World and HungerU (programming tours on college campuses) 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 seven 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 2016, the Foundation did receive grants and contributions from over 40 donors, including individuals, public charities, private foundations, and corporations. Of these 40 plus donors, over 60 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. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 X 375148 71963 71963 303185 303185 1418495 71963 71963 1346532 1346532 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, 2016, THE FOUNDATION DOES NOT BELIEVE ITS FINANCIAL STATEMENTS INCLUDE ANY MATERIAL UNCERTAIN TAX POSITIONS. FARM JOURNAL INC BOARD MEMBER-BOARD MEMBER 71963 gift in kind-advertising svcs false FARM JOURNAL INC BOARD MEMBER-BOARD MEMBER 698000 Management Fee false PART IV, BUSINESS TRANSACTIONS INVOLVING INTERESTED PERSONS Two officers of the Foundation serve as officers and/or directors on an entity (Farm Journal, Inc.) other than a tax-exempt organization under section 501(c) or a governmental unit or instrumentality. Farm Journal, Inc. (FJI) provided advertising with a fair market value of $71,963 at no charge to the Foundation. The Foundation's board authorized a monthly management fee from FJI for $58,167 per month, $698,000 annually in 2016, for providing support services. PART VI, SECTION A, QUESTION 2 ANDREW WEBER, JR., TRICIA BEAL, 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 THE FOUNDATION DOES NOT COMPENSATE ITS TOP MANAGEMENT OFFICIAL OR ANY OTHER OFFICER. PART VII MS. BEAL, PRESIDENT FOR THE FOUNDATION, IS COMPENSATED THROUGH A MANAGEMENT CONTRACT BETWEEN FARM JOURNAL, INC. AND THE FOUNDATION. FORM 990 PART IX LINE 11G DESCRIPTION:CONSULTING TOTAL FEES:98238 FORM 990 PART IX LINE 11G DESCRIPTION:OUTSIDE SERVICES TOTAL FEES:66148