2015-08-14T12:10:43-05:00 2014-12-31 GRANT THORNTON LLP 2001 MARKET STREET SUITE 700 PHILADELPHIA PA 19103 990 2014-01-01 273513787 FARM JOURNAL AGRICULTURAL FOUNDATION % JOHN SCHULTZ FARM 2155578900 ONE PENN SQUARE WEST 30 S 15TH ST Suite 900 PHILADELPHIA PA 191024826 John Schultz for Tricia Beal Authorized Representative 2155578900 2015-08-12 true Russlee Armstrong P00288383 2155614200 2014 2016-03-07 17:11:31Z ANDREW WEBER JR ONE PENN SQ WEST30 S 15 ST PHILADELPHIA PA 19102 2012202 false X WWW.AGWEB.COM/FARMERSFEEDINGTHEWORLD/ X 2010 PA DEDICATION TO SUSTAINING AGRICULTURE'S ABILITY TO MEET THE VITAL NEEDS OF A GROWING POPULATION THROUGH EDUCATION AND EMPOWERMENT. 8 8 0 0 0 3042227 2012202 0 0 0 0 0 0 3042227 2012202 62500 7500 0 0 20440 0 0 0 484748 1369762 1888563 1452702 1896063 1589525 116139 1072723 292240 1320830 424208 -248107 -131968 FARM JOURNAL AGRICULTURAL FOUNDATION IS DEDICATED TO SUSTAINING AGRICULTURE'S ABILITY TO MEET THE VITAL NEEDS OF A GROWING POPULATION THROUGH EDUCATION AND EMPOWERMENT. THE FOUNDATION LEVERAGES FARMERS AND RANCHERS, INDUSTRY, ACADEMIA, GOVERNMENT, CONSUMERS, AND NGO (NON-GOVERNMENTAL ORGANIZATION) PARTNERSHIPS TO: - ELEVATE THE NEXT GENERATION'S UNDERSTANDING OF THE CONNECTION BETWEEN EXPANDING GLOBAL NUTRITIONAL NEEDS AND ADVANCED AGRICULTURE'S CAPACITY TO MEET THOSE NEEDS - ADVOCATE FOR A POLICY ENVIRONMENT THAT PRIORITIZES HUNGER ISSUES AND EMPOWERS FARMERS AND RANCHERS TO MEET THAT CHALLENGE - ADVANCE SUSTAINABLE AGRICULTUAL DEVELOPMENT AND OTHER PROVEN HUNGER SOLUTIONS false false 1252451 7500 The Foundation's program service accomplishments are as follows: - HUNGERU: A MOBILE EDUCATION EXHIBIT THAT TRAVELS TO CAMPUSES AROUND THE NATION RAISING AWARENESS OF THE CONNECTION BETWEEN MODERN AGRICULTURE AND NUTRITIONAL SECURITY. THE EXHIBIT USES INTERACTIVE EDUCATIONAL TOOLS TO CAPTURE STUDENTS ATTENTION AND CREATE CONVERSATIONAL AND EDUCATIONAL OPPORTUNITIES. HUNGERU HAS HELD OVER 70 YOUTH EVENTS ACROSS THE UNITED STATES AND INTERACTED WITH OVER 160,000 YOUNG PEOPLE SINCE IT WAS LAUNCHED IN FALL 2012. - THE FARM TEAM: A NATIONAL NETWORK OF FARMERS PASSIONATE ABOUT THE ROLE OF AGRICULTURE IN ADDRESSING HUNGER AROUND THE WORLD. THE FARM TEAM TRAINS FARMER LEADERS TO EDUCATE POLICY MAKERS, PROMOTING U.S. LEADERSHIP AGAINST GLOBAL HUNGER AND SUPPORT FOR GLOBAL AGRICULTURAL DEVELOPMENT AS THE MOST EFFECTIVE RESPONSE TO THIS GLOBAL CRISIS. - FARMERS FEEDING THE WORLD: PROGRAMS ENGAGING INDIVIDUAL FARMERS AND FARMER ORGANIZATIONS IN THE PHILANTHROPIC SUPPORT OF HUNGER ALLEVIATION. 1252451 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 false 8 8 0 false false false false false false false false false false X 8 8 true false false false false false false true true false false true true true true true true false PA X JOHN SCHULTZ 2155578989 ONE PENN SQUARE WEST 30 S 15TH ST PHIILADELPHIA PA 19102 X Kip Tom Board Member 4.0 X Lyle Orwig Board Member 4.0 X Jim Morris Board Member 4.0 X Tom Dorr Board Member 4.0 X Andrew Weber Jr Chairman & Board Member 8.0 X X Charlene Finck President & Board Member 8.0 X X Charles Roth Board Member 4.0 X David Lambert Board Member 4.0 X Joseph Matthews Treasurer and Secretary 8.0 X Tricia Beal Top Management Official 8.0 X 0 false false false 0 2012202 2012202 0 0 0 0 0 0 0 0 0 0 0 0 2012202 7500 7500 0 0 0 0 0 0 0 0 0 841000 295000 132000 414000 5387 5387 16210 16210 0 0 0 4053 4053 70748 70748 56 56 0 0 0 31363 31363 0 1125 1125 0 0 0 964 964 EXHIBITS/EVENTS 911303 911303 BANK CHARGES 1055 1055 SUBSCRIPTIONS 1851 1851 RECRUITMENT 1515 1515 1933 1325 608 1896063 1252451 158864 484748 172723 292240 0 0 900000 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1072723 292240 1107830 424208 213000 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1320830 424208 X -1201509 -581968 953402 450000 0 0 -248107 -131968 1072723 292240 116139 X false true X true X 155904 1116810 2773729 3042227 2012202 9100872 0 0 155904 1116810 2773729 3042227 2012202 9100872 4928423 4172449 0 0 0 9100872 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 2326405 314203 314203 2012202 2012202 2210266 314203 314203 1896063 1896063 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, 2014, THE FOUNDATION DOES NOT BELIEVE ITS FINANCIAL STATEMENTS INCLUDE ANY MATERIAL UNCERTAIN TAX POSITIONS. FARM JOURNAL INC BOARD MEMBER-BOARD MEMBER 314203 gift in kind-advertising svcs false FARM JOURNAL INC BOARD MEMBER-BOARD MEMBER 841000 Management Fee false nottoc llc board member-board member 175000 consulting fee false nottoc llc board member-board member 482351 reimbursement of expenses 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.) 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 $314,203 at no charge to the Foundation. The Foundation's board authorized a monthly management fee from FJI for $70,083 per month, $841,000 annually in 2014, for providing support services. An officer of the Foundation serves as an officer on an entity (Nottoc LLC) other than a tax-exempt organization under section 501(c) or a governmental unit or instrumentality. Nottoc LLC provided consultative services with a fair market value of $175,000. Additionally, Nottoc LLC was reimbursed $482,351 for travel and tour related expenses. PART VI, SECTION A, QUESTION 2 BUSINESS RELATIONSHIPS: ANDREW WEBER, JR., JOSEPH MATTHEWS, AND TRICIA BEAL 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.