FARM JOURNAL AGRICULTURAL FOUNDATION: Form 990, tax year 2014

View the entire original 990 at ProPublica ↗

Organization
FARM JOURNAL AGRICULTURAL FOUNDATION (EIN 27-3513787)
Tax period
2014-01-01 to 2014-12-31
Filed
2015-08-21
IRS object ID
201532339349300823
Schema version
2014v5.0
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)
Return2015-08-21T15:18:58-05:00ReturnTs
Tax Period End2014-12-31TaxPeriodEndDt

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 Begin2014-01-01TaxPeriodBeginDt

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% JOHN SCHULTZInCareOfNm
Business Name ControlFARMBusinessNameControlTxt
Phone2155578900PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1ONE PENN SQUARE WEST 30 S 15TH STAddressLine1Txt
Address Line2Suite 900AddressLine2Txt
CityPHILADELPHIACityNm
State AbbreviationPAStateAbbreviationCd
ZIP191024826ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonTricia BealPersonNm
Person TitleTop Management OfficialPersonTitleTxt
Phone2155578900PhoneNum
Signature2015-08-21SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonRusslee ArmstrongPreparerPersonNm
PTINP00288383PTIN
Phone2155614200PhoneNum
FieldValueIRS element (for citing)
Tax2014TaxYr
Build TS2016-02-25 16:41:14ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Amended ReturnYes (X)AmendedReturnInd
Principal OfficerANDREW WEBER JRPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1ONE PENN SQ WEST30 S 15 STAddressLine1Txt
CityPHILADELPHIACityNm
State AbbreviationPAStateAbbreviationCd
ZIP19102ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$2,012,202GrossReceiptsAmt
Group Return For AffiliatesfalseGroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.AGWEB.COM/FARMERSFEEDINGTHEWORLD/WebsiteAddressTxt
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 Body8VotingMembersGoverningBodyCnt
Voting Members Independent8VotingMembersIndependentCnt
Total Employee0TotalEmployeeCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$3,042,227PYContributionsGrantsAmt
CY Contributions Grants$2,012,202CYContributionsGrantsAmt
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$3,042,227PYTotalRevenueAmt
CY Total Revenue$2,012,202CYTotalRevenueAmt
PY Grants And Similar Paid$62,500PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$7,500CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$20,440PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$0CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$484,748CYTotalFundraisingExpenseAmt
PY Other Expenses$1,369,762PYOtherExpensesAmt
CY Other Expenses$1,888,563CYOtherExpensesAmt
PY Total Expenses$1,452,702PYTotalExpensesAmt
CY Total Expenses$1,896,063CYTotalExpensesAmt
PY Revenues Less Expenses$1,589,525PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$116,139CYRevenuesLessExpensesAmt
Total Assets BOY$1,072,723TotalAssetsBOYAmt
Total Assets EOY$292,240TotalAssetsEOYAmt
Total Liabilities BOY$1,320,830TotalLiabilitiesBOYAmt
Total Liabilities EOY$424,208TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY-$248,107NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY-$131,968NetAssetsOrFundBalancesEOYAmt
MissionFARM 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 SOLUTIONSMissionDesc
Significant New Program SrvcfalseSignificantNewProgramSrvcInd
Significant ChangefalseSignificantChangeInd
Expense$1,252,451ExpenseAmt
Grant$7,500GrantAmt
DescThe 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.Desc
Total Program Service Expenses$1,252,451TotalProgramServiceExpensesAmt
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 RequiredfalseScheduleORequiredInd
IRP Document8IRPDocumentCnt
IRP Document W2 G8IRPDocumentW2GCnt
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 Members8GoverningBodyVotingMembersCnt
Independent Voting Member8IndependentVotingMemberCnt
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
Investment In Joint VenturefalseInvestmentInJointVentureInd
States Where Copy Of Return Is FldPAStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

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PersonJOHN SCHULTZPersonNm
Phone2155578989PhoneNum

US Address USAddress

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Address Line1ONE PENN SQUARE WEST 30 S 15TH STAddressLine1Txt
CityPHIILADELPHIACityNm
State AbbreviationPAStateAbbreviationCd
ZIP19102ZIPCd
FieldValueIRS element (for citing)
No Listed Persons CompensatedYes (X)NoListedPersonsCompensatedInd

Form990 Part VII Section A Form990PartVIISectionAGrp (10 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerInd
Kip Tom
Board Member4.0Yes (X)
Lyle Orwig
Board Member4.0Yes (X)
Jim Morris
Board Member4.0Yes (X)
Tom Dorr
Board Member4.0Yes (X)
Andrew Weber Jr
Chairman & Board Member8.0Yes (X)Yes (X)
Charlene Finck
President & Board Member8.0Yes (X)Yes (X)
Charles Roth
Board Member4.0Yes (X)
David Lambert
Board Member4.0Yes (X)
Joseph Matthews
Treasurer and Secretary8.0Yes (X)
Tricia Beal
Top Management Official8.0Yes (X)
FieldValueIRS element (for citing)
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$2,012,202AllOtherContributionsAmt
Total Contributions$2,012,202TotalContributionsAmt
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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Total Revenue Column$0TotalRevenueColumnAmt

Rental Income Or Loss RentalIncomeOrLossGrp

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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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Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

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Net Income Or Loss NetIncomeOrLossGrp

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Total Revenue TotalRevenueGrp

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Total Revenue Column$2,012,202TotalRevenueColumnAmt

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Total$7,500TotalAmt
Program Services$7,500ProgramServicesAmt

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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Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

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Total$0TotalAmt

Comp Disqual Persons CompDisqualPersonsGrp

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Other Salaries And Wages OtherSalariesAndWagesGrp

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Payroll Taxes PayrollTaxesGrp

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Fees For Services Management FeesForServicesManagementGrp

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Total$841,000TotalAmt
Program Services$295,000ProgramServicesAmt
Management And General$132,000ManagementAndGeneralAmt
Fundraising$414,000FundraisingAmt

Fees For Services Legal FeesForServicesLegalGrp

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Total$5,387TotalAmt
Management And General$5,387ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

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Total$16,210TotalAmt
Management And General$16,210ManagementAndGeneralAmt

Fees For Services Lobbying FeesForServicesLobbyingGrp

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Total$0TotalAmt

Fees For Services Prof Fundraising FeesForServicesProfFundraising

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Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

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Total$0TotalAmt

Fees For Services Other FeesForServicesOtherGrp

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Total$4,053TotalAmt
Program Services$4,053ProgramServicesAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$70,748TotalAmt
Fundraising$70,748FundraisingAmt

Office Expenses OfficeExpensesGrp

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Total$56TotalAmt
Program Services$56ProgramServicesAmt

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

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Total$31,363TotalAmt
Program Services$31,363ProgramServicesAmt

Pymt Travel Entrtnmnt Pub Ofcl PymtTravelEntrtnmntPubOfclGrp

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Total$0TotalAmt

Conferences Meetings ConferencesMeetingsGrp

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Total$1,125TotalAmt
Management And General$1,125ManagementAndGeneralAmt

Interest InterestGrp

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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$964TotalAmt
Management And General$964ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmt
EXHIBITS/EVENTS$911,303$911,303
BANK CHARGES$1,055$1,055
SUBSCRIPTIONS$1,851$1,851
RECRUITMENT$1,515$1,515

All Other Expenses AllOtherExpensesGrp

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Total$1,933TotalAmt
Program Services$1,325ProgramServicesAmt
Management And General$608ManagementAndGeneralAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$1,896,063TotalAmt
Program Services$1,252,451ProgramServicesAmt
Management And General$158,864ManagementAndGeneralAmt
Fundraising$484,748FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

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EOY$292,240EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

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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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BOY$0BOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

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Intangible Assets IntangibleAssetsGrp

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Other Assets Total OtherAssetsTotalGrp

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Total Assets TotalAssetsGrp

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BOY$1,072,723BOYAmt
EOY$292,240EOYAmt

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BOY$1,107,830BOYAmt
EOY$424,208EOYAmt

Grants Payable GrantsPayableGrp

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EOY$0EOYAmt

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Loans From Officers Directors LoansFromOfficersDirectorsGrp

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Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
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EOY$424,208EOYAmt
FieldValueIRS element (for citing)
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

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EOY$450,000EOYAmt

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FieldValueIRS element (for citing)
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EOY-$131,968EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
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EOY$292,240EOYAmt
FieldValueIRS element (for citing)
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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

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$155,904CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$1,116,810CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$2,773,729CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$3,042,227CurrentTaxYearMinus1YearAmt
Current Tax Year$2,012,202CurrentTaxYearAmt
Total$9,100,872TotalAmt

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)
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Current Tax Year Minus3 Years$1,116,810CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$2,773,729CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$3,042,227CurrentTaxYearMinus1YearAmt
Current Tax Year$2,012,202CurrentTaxYearAmt
Total$9,100,872TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$6,864,183SubstantialContributorsTotAmt
Public Support Total170$2,236,689PublicSupportTotal170Amt

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$9,100,872TotalSupportAmt
First5 Years170Yes (X)First5Years170Ind

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

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
Total Rev Etc Audited Fincl Stmt$2,326,405TotalRevEtcAuditedFinclStmtAmt
Donated Services And Use Fclts$314,203DonatedServicesAndUseFcltsAmt
Revenue Not Reported$314,203RevenueNotReportedAmt
Revenue Subtotal$2,012,202RevenueSubtotalAmt
Total Revenue Per Form990$2,012,202TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$2,210,266TotExpnsEtcAuditedFinclStmtAmt
Donated Services Use Fclts$314,203DonatedServicesUseFcltsAmt
Expenses Not Reported$314,203ExpensesNotReportedAmt
Expenses Subtotal$1,896,063ExpensesSubtotalAmt
Total Expenses Per Form990$1,896,063TotalExpensesPerForm990Amt

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, 2014, THE FOUNDATION DOES NOT BELIEVE ITS FINANCIAL STATEMENTS INCLUDE ANY MATERIAL UNCERTAIN TAX POSITIONS.ExplanationTxt

Schedule L IRS990ScheduleL

Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp (4 entries)

Relationship DescriptionRelationshipDescriptionTxtTransactionTransactionAmtTransactionTransactionDescSharing Of RevenuesSharingOfRevenuesInd
FARM JOURNAL INC
BOARD MEMBER-BOARD MEMBER$314,203gift in kind-advertising svcsfalse
FARM JOURNAL INC
BOARD MEMBER-BOARD MEMBER$841,000Management Feefalse
nottoc llc
board member-board member$175,000consulting feefalse
nottoc llc
board member-board member$482,351reimbursement of expensesfalse

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART IV, BUSINESS TRANSACTIONS INVOLVING INTERESTED PERSONSFormAndLineReferenceDesc
ExplanationThree 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.ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (4 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
REASON FOR AMENDED RETURNTHIS IS AN AMENDED RETURN. IT IS BEING FILED TO CORRECT THE FOLLOWING INADVERTENT ERRORS: SCHEDULE A, PART II, SECTION A, LINE 5 THE ORIGINAL AMOUNT REPORTED FOR THE PORTION OF TOTAL CONTRIBUTION BY EACH PERSON INCLUDED ON LINE 1 THAT EXCEEDS 2% OF THE AMOUNT SHOWN ON LINE 11, COLUMN F WAS $4,928,423; THE AMENDED AMOUNT IS $6,864,183. SCHEDULE B, CONTRIBUTOR #5 FJM-EMPLOYEE DONATION THIS CONTRIBUTOR IS ACTUALLY MULTIPLE CONTRIBUTORS ALL CONTRIBUTING LESS THAN $5,000 EACH. THIS CONTRIBUTOR HAS NOW BEEN REMOVED FOR THIS AMENDED RETURN.
PART VI, SECTION A, QUESTION 2BUSINESS RELATIONSHIPS: ANDREW WEBER, JR., JOSEPH MATTHEWS, AND TRICIA BEAL 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.

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