Overview
What is Ohio Farm Bureau Foundation?
The Ohio Farm Bureau Foundation is a nonprofit organization situated in Columbus, Ohio. Their primary focus is to grant funds to small community groups for agricultural-related projects that involve education, environmental conservation, and community economic development. These projects aim to promote awareness and action within Ohio's agricultural and food sector. The foundation's mission is to inspire innovation and encourage investment in their local farming community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 94% (Four-Star out of Four Star rating)
The Ohio Farm Bureau Foundation has achieved a commendable Four-Star rating from Charity Navigator, reflecting strong performance in accountability and finance. This high score signifies that the organization effectively manages its financial resources, ensuring transparency and responsible governance. The foundation scored particularly well in areas such as the independence of its board members and the absence of material asset diversion.
One of the foundation's notable strengths is its high program expense ratio, which stands at 82.74%, indicating that a significant portion of its funds is directed towards its programs rather than administrative costs. Additionally, the foundation has established comprehensive policies to handle potential conflicts of interest and has a robust whistleblower policy in place, enhancing its operational integrity.
While the rating reveals many positive aspects, the evaluation is limited to the accountability and finance dimensions. Future assessments might benefit from a broader analysis of program impact, outreach efforts, and community engagement to present a more holistic view of the organization’s effectiveness. Overall, the Ohio Farm Bureau Foundation demonstrates a strong commitment to financial health and governance.
This AI summary has been generated from information found on Charity Navigator.
Is Ohio Farm Bureau Foundation legitimate?
Ohio Farm Bureau Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ohio Farm Bureau 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Ohio Farm Bureau Foundation?
The Ohio Farm Bureau Foundation's mission is to inspire innovation and cultivate investment in Ohio's farm and food community. This is achieved by providing agricultural action and awareness grants to specific small community groups. These grants are used to fund educational, environmental, and community economic development projects with a focus on agriculture. The goal is to enhance these communities by promoting agricultural awareness and development.
What is the revenue of Ohio Farm Bureau Foundation?
Ohio Farm Bureau Foundation's revenue in 2023 was $785,187.
Who are the executives of Ohio Farm Bureau Foundation and what are their salaries?
There 80 volunteers at Ohio Farm Bureau Foundation.
Here are 17 key members and their salaries:
- Compensation: $0
- Related: $396,091
- Other: $28,412
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- Related: $146,969
- Other: $3,644
- Compensation: $0
- Related: $113,405
- Other: $29,544
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- Other: $0
- Compensation: $0
- Related: $6,497
- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
- Related: $7,680
- Other: $0
- Compensation: $0
- Related: $4,902
- Other: $0
- Compensation: $0
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- Other: $0
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- Other: $0
- Compensation: $0
- Related: $6,585
- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
- Related: $101,911
- Other: $17,850
Where can I find the form 990 for Ohio Farm Bureau Foundation?
Ohio Farm Bureau Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Ohio Farm Bureau Foundation
The Ohio Farm Bureau Foundation, a nonprofit organization, is dedicated to inspiring innovation and fostering investment within Ohio's farm and food community. This mission is achieved through the creation, promotion, and management of agricultural action and awareness grants. These grants are specifically allocated to small community groups, who then undertake selected educational, environmental, or community economic development projects with a focus on agriculture. By supporting these initiatives, the Ohio Farm Bureau Foundation aims to contribute positively to the development and growth of Ohio's farm and food community.
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Impact
October, 2024
The Ohio Farm Bureau Foundation significantly impacts Ohio's agricultural landscape by inspiring innovation and cultivating investment within the farm and food community. Through the creation, promotion, and management of agricultural action and awareness grants, the foundation supports small community groups in their efforts to implement educational, environmental, and community economic development projects. These initiatives are specifically designed to enhance awareness and engagement with agriculture, fostering growth and resilience in local economies. By focusing on collaboration and empowerment, the foundation plays a crucial role in sustaining and advancing Ohio's agricultural heritage and future.
This information is meant to be a general summary of Ohio Farm Bureau 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: $55,476
- Program Service Revenue: $93,592
- Gross Receipts: $2,962,115
Assets and Liabilities:
- Total Assets: $6,028,995
- Total Liabilities: $239,449
- Net Assets: $5,789,546
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROG.SERV.REVENUE-RELATED-990
Revenue
$93,592
Organization Details
Founding Year
1985
Principal Officer
Jenny Cox
NTEE Category
Code: N20 - Recreation
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