Overview
What is Livingston County Farm Bureau Foundation?
The Livingston County Farm Bureau Foundation is a nonprofit organization dedicated to fostering growth and knowledge in the agricultural sector. Established with various objectives, it provides scholarships for individuals studying agriculture and related fields, such as business, economics, education, veterinary medicine, and leadership development. Furthermore, the foundation encourages and funds the creation of educational materials, programs, and seminars to enhance instruction in agriculture and related fields, including initiatives for students and young adults. It also promotes public library collections focusing on agriculture and related subjects, supports education and research to enhance agriculture, and conducts seminars and schools for leadership development.
Official website here: www.livcfb.org/foundation
What are the reviews and ratings of this charity?
Charity Navigator Rating: 95% (Four-Star out of Four Stars)
The Livingston County Farm Bureau Foundation has earned an impressive Four-Star rating from Charity Navigator, reflecting a high level of accountability and financial health with an overall score of 95%. This rating is based solely on metrics related to accountability and finance, indicating that the organization meets stringent standards in its governance and fiscal practices.
One of the foundation's strengths is its commitment to an independent board, with 100% of its members being independent, ensuring a lack of conflicts of interest. Additionally, the foundation has established comprehensive policies to support transparency, including whistleblower and conflict of interest policies, which are crucial for maintaining donor trust and organizational integrity.
While the foundation's program expense ratio is commendable at 68.70%, indicating a significant portion of its expenses go directly towards programs, there is still room for improvement. The overall financial management is solid, with a low liabilities to assets ratio of 2.50%, showcasing the foundation's sound financial practices. Overall, the Livingston County Farm Bureau Foundation demonstrates a strong commitment to responsible governance and effective use of resources.
This AI summary has been generated from information found on Charity Navigator.
Is Livingston County Farm Bureau Foundation legitimate?
Livingston County Farm Bureau Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Livingston County 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.
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Official website here: www.livcfb.org/foundation
What is the mission statement of Livingston County Farm Bureau Foundation?
The Livingston County Farm Bureau Foundation was established with a mission to serve several purposes. Primarily, it provides scholarships for individuals studying agriculture and related fields such as business, economics, education, veterinary medicine, association management, and leadership development. Secondly, it encourages, promotes, and funds the design, development, and distribution of educational and instructional materials, programs, and seminars to improve instruction about agriculture and its related fields. This includes programs for students and young adults like 4-H, FFA, Leaders to Washington, ALOT, and Ag-in-the-Classroom.
The foundation also promotes, funds, and conducts programs for the development of public library collections with a special emphasis on agriculture and its related fields. Additionally, it encourages, promotes, and funds education and research designed to improve agriculture. Lastly, the foundation promotes, funds, and conducts seminars and schools for educational and scientific leadership purposes.
Official website here: www.livcfb.org/foundation
Who is the CEO of Livingston County Farm Bureau Foundation?
Kyle Kimpling is the Chairman of Livingston County Farm Bureau Foundation.
Official website here: www.livcfb.org/foundation
What is the revenue of Livingston County Farm Bureau Foundation?
Livingston County Farm Bureau Foundation's revenue in 2023 was $67,423.
Official website here: www.livcfb.org/foundation
Who are the executives of Livingston County Farm Bureau Foundation and what are their salaries?
Here are 7 key members and their salaries:
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Official website here: www.livcfb.org/foundation
Where can I find the form 990 for Livingston County Farm Bureau Foundation?
Livingston County Farm Bureau Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.livcfb.org/foundation
Learn more at the official website: www.livcfb.org/foundation
Mission Statement of Livingston County Farm Bureau Foundation
The Livingston County Farm Bureau Foundation was established with a multi-faceted mission to support individuals and initiatives related to agriculture and its related fields. One of its primary objectives is to provide scholarships for individuals pursuing studies in agriculture, business, economics, education, veterinary medicine, association management, leadership development, and other related fields.
Beyond scholarships, the Foundation encourages and funds the development and distribution of educational and instructional materials, programs, and seminars to improve instruction about agriculture and its related fields. This includes programs for students and young adults, such as 4-H, FFA, Leaders to Washington, ALOT, and AG-in-the-Classroom. The Foundation also promotes and funds programs for the development of public library collections with a special emphasis on agriculture and its related fields.
Furthermore, the Livingston County Farm Bureau Foundation encourages, promotes, and funds education and research designed to improve agriculture. Additionally, it conducts seminars and schools for educational and scientific leadership purposes. In summary, the Livingston County Farm Bureau Foundation's mission is to support individuals and initiatives in agriculture and related fields through scholarships, educational programs, library collections, and leadership seminars.
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Impact
August, 2024
The Livingston County Farm Bureau Foundation has a significant impact on the community by providing scholarships for individuals studying agriculture and related fields, such as business, economics, education, veterinary medicine, association management, and leadership development. Additionally, the Foundation encourages and funds educational programs, seminars, and materials aimed at improving instruction about agriculture and horticulture, especially for student and young adult programs like 4-H, FFA, Leaders to Washington, ALOT, and Ag-in-the-Classroom. Moreover, the Foundation supports the development of public library collections focusing on agriculture and related fields, promotes education and research to enhance agriculture, and organizes seminars and schools for educational and scientific leadership purposes. Through these initiatives, the Livingston County Farm Bureau Foundation plays a crucial role in advancing agricultural knowledge, education, and opportunities within the community.
This information is meant to be a general summary of Livingston County 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: $46,341
- Gross Receipts: $67,423
Assets and Liabilities:
- Total Assets: $1,116,613
- Total Liabilities: $28,000
- Net Assets: $1,088,613
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Organization Details
Founding Year
1999
Phone
(815) 842-1103Principal Officer
Kyle Kimpling
Main Address
901 WEST HOWARD STREET, PONTIAC, IL, 61764
Website
www.livcfb.org/foundationNTEE Category
Code: K20 - Food
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