Overview
What is Farmhouse Foundation?
The Farmhouse Foundation, established in 1965, is a 501(c)(3) public educational foundation based in Kansas City, Missouri. With a mission to support the Farmhouse Fraternity Inc., the organization aims to foster scholarship, character, personal growth, unity, and leadership among its members. The foundation accomplishes this by granting funds for constructing, renovating, and furnishing the educational sections of chapter houses on 11 campuses. Driven by a passion to advance the fraternity's mission, the Farmhouse Foundation cultivates donor support to help its members achieve excellence. With a team of eight employees, the foundation plays a vital role in the growth and development of its fraternity members.
Official website here: www.farmhouse.org/foundation
What are the reviews and ratings of this charity?
Charity Navigator rating: 100%, Four-Star out of Four Star rating.
The Farmhouse Foundation has received a perfect rating of 100%, highlighting its strong performance in both accountability and finance, as well as culture and community. With an impressive 93% of its board members being independent, the organization demonstrates a high level of governance, which is critical for maintaining trust and transparency. Financially, the foundation shows excellent efficiency, with a low fundraising cost and a high program expense ratio, indicating that the majority of funds are directed towards its mission.
The foundation excels in its culture and community engagement, scoring 100% in all assessed areas related to constituent feedback and the practices surrounding it. This suggests that the organization not only listens to the needs of those it serves but actively incorporates their input into its operations and decision-making processes. This commitment to engagement enhances the foundation's reputation and effectiveness in fulfilling its mission.
There are no noted limitations or concerns regarding the Farmhouse Foundation in the available data. Its comprehensive policies and practices, including conflict of interest and whistleblower protections, further solidify its standing as a well-managed nonprofit, making it a trustworthy choice for potential donors and partners looking to support impactful initiatives.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Farmhouse Foundation?
74% of 27 reviewers on Facebook recommend Farmhouse Foundation. Here is a summary of their reviews:
Overall sentiment indicates a mix of support and confusion among reviewers. While some praise the foundation for its engaging programs and support in community building, others seem to struggle with understanding the foundation's documentation and operational processes, suggesting a need for clearer communication.
Despite the varying opinions, many acknowledge the positive impact the organization has on candidates and community initiatives. There is an underlying sentiment that with improved clarity and accessibility, the foundation could enhance its outreach and effectiveness further.
This AI summary has been generated from reviews found on Facebook.
Is Farmhouse Foundation legitimate?
Farmhouse Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Farmhouse 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: $198,932
Professional Fundraising Fees: $0
Other Salaries and Wages: $235,557
For more financial information, click here
Official website here: www.farmhouse.org/foundation
What is the mission statement of Farmhouse Foundation?
The Farmhouse Foundation, established in 1965, serves as a 501(c)(3) public educational organization with a mission to support the Farmhouse Fraternity Inc. Its primary objective is to foster donor passion and provide backing to enhance the fraternity's mission. The foundation aims to assist members in achieving excellence by upholding the fraternity's principles of scholarship, character, personal growth, unity, and leadership. The Foundation's mission is centered around nurturing support and passion among donors to further the fraternity's mission.
Official website here: www.farmhouse.org/foundation
Who is the CEO of Farmhouse Foundation?
Allison Rickels is the Chairman of Farmhouse Foundation. The CEO's salary of Farmhouse Foundation is $191,229 and their total compensation is $191,229.
Official website here: www.farmhouse.org/foundation
What is the revenue of Farmhouse Foundation?
Farmhouse Foundation's revenue in 2023 was $3,182,749.
Official website here: www.farmhouse.org/foundation
Who are the executives of Farmhouse Foundation and what are their salaries?
The average compensation at Farmhouse Foundation during 2023 was $54,311. There are 8 employees and 25 volunteers at Farmhouse Foundation.
Here are 16 key members and their salaries (Farmhouse Foundation's CEO's salary is $191,229 and their total compensation is $191,229):
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Official website here: www.farmhouse.org/foundation
Where can I find the form 990 for Farmhouse Foundation?
Farmhouse Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.farmhouse.org/foundation
Learn more at the official website: www.farmhouse.org/foundation
Mission Statement of Farmhouse Foundation
The Farmhouse Foundation, established in 1965, serves as a 501(c)(3) public educational foundation with a mission to support the Farmhouse Fraternity and its members. This nonprofit organization is dedicated to fostering a culture of scholarship, character, personal growth, unity, and leadership among its members. The Farmhouse Foundation's objective is to cultivate passion and support from donors, aiming to further the Farmhouse Fraternity's mission and assist its members in achieving excellence.
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Impact
October, 2024
The Farmhouse Foundation significantly impacts the community by enhancing the experience and development of members within the Farmhouse Fraternity. Established in 1965, it focuses on promoting high standards of scholarship, character, personal growth, unity, and leadership. One of the foundation's primary contributions is its support for educational facilities through grants aimed at constructing, renovating, and furnishing chapter houses. By investing in these essential spaces on 11 campuses, the foundation provides an environment conducive to learning and personal development. As a result, members benefit from improved living and learning conditions, fostering a stronger sense of community and collaboration among fraternity members. This commitment ultimately helps student members achieve excellence while upholding the fraternity's core values.
This information is meant to be a general summary of Farmhouse 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: -$23,334
- Gross Receipts: $3,182,749
Assets and Liabilities:
- Total Assets: $25,418,475
- Total Liabilities: $482,559
- Net Assets: $24,935,916
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Organization Details
Founding Year
1965
Phone
(816) 891-9445Principal Officer
Allison Rickels
Main Address
1021 JEFFERSON ST, KANSAS CITY, MO, 64105
Website
www.farmhouse.org/foundationNTEE Category
Code: Y11 - Mutual benefit
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