Overview
What is Farm Foundation?
Farm Foundation is a nonprofit organization situated in Oak Brook, Illinois. It operates a program called The Round Table, which is an exclusive gathering of agricultural and agribusiness leaders from various parts of the United States and Canada. This group meets twice a year to discuss and share insights on the evolving challenges facing agriculture, the food system, and rural communities. These meetings serve as platforms for members and guests to engage, exchange perspectives, and gain valuable insights into current issues. Farm Foundation's mission is to foster trust and understanding at the intersection of agriculture and society. It aims to serve as a catalyst for practical solutions in agriculture, accelerating people and ideas through its non-partisan, objective, and multi-stakeholder approach to education, innovation, and policy. The organization currently employs 11 individuals.
Official website here: www.farmfoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement
Farm Foundation has received a Two-Star out of Four Star rating from Charity Navigator, with an overall score of 62%. While the organization excels in areas related to community culture and independent governance, reflected in its perfect scores for independent board members and accountability practices, it faces significant challenges in financial aspects. The low program expense ratio and liabilities to assets ratio indicate potential issues in resource allocation and financial sustainability.
Despite these financial concerns, Farm Foundation has demonstrated strong engagement with its constituents, achieving full marks in feedback collection and usage. This suggests that the organization values input from the community and actively integrates it into its operations and decision-making processes. The high score for equity strategies indicates a commitment to addressing equity-related issues, although the organization could improve on measuring and reporting its equity data.
Overall, while Farm Foundation has notable strengths in governance and community engagement, it must address its financial health to enhance its effectiveness and sustainability. Stakeholders may want to keep an eye on the organization's financial strategies moving forward.
This AI summary has been generated from information found on Charity Navigator.
Is Farm Foundation legitimate?
Farm Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Farm Foundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $572,188
Professional Fundraising Fees: $0
Other Salaries and Wages: $936,075
For more financial information, click here
Official website here: www.farmfoundation.org
What is the mission statement of Farm Foundation?
The Farm Foundation serves as a catalyst for practical solutions in agriculture, accelerating both individuals and ideas. Through a non-partisan, objective, and multi-stakeholder approach, they focus on education, innovation, and policy. Their flagship program, The Round Table, is an invitational group comprising agricultural and agribusiness leaders from various food system sectors across the United States and Canada. These leaders meet twice a year to discuss emerging issues affecting agriculture, the food system, and rural regions. These meetings offer an opportunity for members and guests to exchange ideas, gain new perspectives, and utilize the information in their respective businesses or personal endeavors to benefit agriculture and rural communities.
Official website here: www.farmfoundation.org
What is the revenue of Farm Foundation?
Farm Foundation's revenue in 2023 was $4,697,806.
Official website here: www.farmfoundation.org
Who are the executives of Farm Foundation and what are their salaries?
The average compensation at Farm Foundation during 2023 was $116,020. There are 13 employees and 34 volunteers at Farm Foundation.
Here are 39 key members and their salaries:
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Official website here: www.farmfoundation.org
Where can I find the form 990 for Farm Foundation?
Farm Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.farmfoundation.org
Learn more at the official website: www.farmfoundation.org
Mission Statement of Farm Foundation
Farm Foundation, a nonprofit organization, strives to foster trust and comprehension at the intersection of agriculture and society. Its mission is multifaceted, serving as a catalyst for practical solutions in agriculture. The organization accomplishes this by adopting a non-partisan, impartial, and multi-stakeholder approach to education, innovation, and policy.
In essence, Farm Foundation aims to accelerate progress in agriculture by empowering individuals and promoting innovative ideas. It achieves this objective through its educational programs, which encourage open dialogue and the exchange of perspectives among agricultural and agribusiness leaders from across the United States and Canada. The organization's flagship program, known as The Round Table, brings together influential figures from various sectors of the food system for biannual meetings. These gatherings offer a platform for members to engage in discussions about evolving issues affecting agriculture, the food system, and rural communities. By participating in these events, members gain valuable insights that can be applied to their own businesses or personal endeavors aimed at supporting agriculture and rural populations.
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Impact
October, 2024
Farm Foundation fosters trust and understanding at the crucial interface between agriculture and society. By convening a diverse group of agricultural and agribusiness leaders through The Round Table program, it creates a collaborative environment where stakeholders from across the food system in the United States and Canada can discuss pressing issues. These twice-yearly meetings serve as platforms for interaction, allowing participants to gain insights and perspectives that they can apply to their own businesses and advocacy efforts within agriculture and rural communities.
By emphasizing a non-partisan and multi-stakeholder approach, Farm Foundation accelerates practical solutions and drives innovation in education and policy. This commitment not only enriches the dialogue around agricultural challenges but also empowers leaders to navigate the evolving landscape of the food system effectively. Through its efforts, Farm Foundation plays a pivotal role in shaping a sustainable future for agriculture and rural regions.
This information is meant to be a general summary of Farm Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $14,036
- Program Service Revenue: $408,715
- Gross Receipts: $4,697,806
Assets and Liabilities:
- Total Assets: $3,981,950
- Total Liabilities: $771,424
- Net Assets: $3,210,526
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
REGISTRATION FEES
Revenue
$408,715
Organization Details
Founding Year
2009
Principal Officer
Shari Rogge-Fidler
Website
www.farmfoundation.orgNTEE Category
Code: K20 - Food
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