Farm Bureau Foundation

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 356022913 ✦ Indianapolis, IN ✦ Designated as a 501(c)(3)

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Overview

What is Farm Bureau Foundation?

The Farm Bureau Foundation is a nonprofit organization that primarily serves the agricultural community in Indiana. Its primary mission is to foster global knowledge and relationship-building among farmer leaders through an international study trip program called the Agricultural Leadership Exchange. Additionally, the foundation supports youth organizations by providing funding for their local initiatives, aiding in their work with young people in the community. Furthermore, the organization demonstrates a commitment to children's welfare by sponsoring three children's charities within Indiana. Overall, the Farm Bureau Foundation's activities serve charitable and educational purposes.

Is Farm Bureau Foundation legitimate?

Farm Bureau Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Farm Bureau Foundation submitted a form 990EZ, 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.

What is the mission statement of Farm Bureau Foundation?

The Farm Bureau Foundation's mission involves fostering agricultural leadership on a global scale. It accomplishes this through an international study trip program for farmer leaders from Indiana, aiming to enhance their knowledge and establish relationships. Additionally, the foundation supports various youth organizations financially, enabling them to carry out their community work with children. Further, the foundation extends its charitable and educational purposes to assist three children charities in Indiana.

Who is the CEO of Farm Bureau Foundation?

Randall Kron is the President of Farm Bureau Foundation.

What is the revenue of Farm Bureau Foundation?

Farm Bureau Foundation's revenue in 2022 was $151,268.

Who are the executives of Farm Bureau Foundation and what are their salaries?


Here are 16 key members and their salaries:


Isabella Chism (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kevin Underwood (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Terry Hayhurst (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kevin Ousley (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Harold T Parker (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bruce Herr (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jon Sparks (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bruce Guernsey (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Randall Kron (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kendell Culp (Vice President /Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marybeth Feutz (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kermit Paris (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Geswein (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Sigler (Treasurer/Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robin Heldman (Asst Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Elaine Rueff (Asst Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Farm Bureau Foundation?

Farm Bureau Foundation's most recent form 990EZ was submitted in 2022 and can be accessed here.

Mission Statement of Farm Bureau Foundation

The Farm Bureau Foundation, as a nonprofit organization, focuses on three primary areas of mission. Firstly, it offers an Agricultural Leadership Exchange program, which serves as an international study trip opportunity for farmer leaders from Indiana. This program aims to facilitate the growth of these leaders' knowledge and foster relationships on a global scale.

Secondly, the Farm Bureau Foundation supports various youth organizations in their community work. By providing funding, it seeks to empower these organizations and the youth they serve, thereby contributing positively to the local community.

Lastly, the foundation dedicates resources to three children's charities within Indiana. This support is part of its charitable and educational purpose, indicating a commitment to the well-being and development of children in the state. Overall, the Farm Bureau Foundation's mission is multifaceted, encompassing international leadership development, youth empowerment, and children's welfare.

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Impact




October, 2024

The Farm Bureau Foundation has a significant impact in several key areas. Through its Agricultural Leadership Exchange program, it provides Indiana farmer leaders with an international study trip, allowing them to enhance their knowledge and forge global relationships. This program not only boosts individual leadership capabilities but also fosters a greater understanding of global agricultural practices.

Additionally, the foundation supports youth organizations by providing crucial funding, empowering these groups to engage with and nurture youth in their communities. This investment in youth development is vital for building a strong future for agriculture and the communities involved.

Furthermore, the foundation contributes to children's charities in Indiana, addressing various needs and creating positive outcomes for young individuals. By focusing on charitable and educational initiatives, the Farm Bureau Foundation plays a pivotal role in strengthening the fabric of the community in Indianapolis and beyond. Its commitment to fostering agricultural leadership, supporting youth initiatives, and enhancing children's welfare illustrates a comprehensive approach to community enhancement, particularly in the realm of food and agriculture.




This information is meant to be a general summary of 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.

Revenue
$151,268 (2022)
Expenses
$179,512 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $1,281
  • Gross Receipts: $151,268

Assets and Liabilities:

  • Total Assets: $285,582
  • Total Liabilities: $0
  • Net Assets: $285,582

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Organization Details

Principal Officer

Randall Kron

Main Address

PO Box 1290, Indianapolis, IN, 462061290

NTEE Category

Code: K20 - Food

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