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Missouri Agricultural Foundation

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

EIN: 474069731 ✦ Truxton, MO ✦ Designated as a 501(c)(3)

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Overview

What is Missouri Agricultural Foundation?

Missouri Agricultural Foundation is a nonprofit organization situated in Truxton, Missouri. Its mission is to support initiatives that foster sustainable agricultural practices, encourage agribusiness and agritourism growth, promote international agricultural exports, advance urban agriculture, ensure food safety, and improve farm safety practices. Additionally, the foundation focuses on youth development and education. Currently, they are actively involved in the Missouri Beef Initiative, providing grants for research related to beef cattle, testing for fescue tolerance, rewarding innovative solutions for adding value to Missouri's beef industry, and supporting small beef processors. They also plan to grant funds for capital improvements in public facilities promoting agricultural education and tourism. The Missouri Agricultural Foundation holds events and drafts grant agreements for these projects.


Official website here: www.missouriagfoundation.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 90%, Four-Star out of Four Star rating.

The Missouri Agricultural Foundation has achieved a strong 90% score, indicating a high level of accountability and financial health. This rating is a result of a comprehensive assessment of various factors, with a particular emphasis on accountability and finance, which comprises 100% of their overall score. The foundation's independent board structure is robust, with all 10 members being independent, and they have demonstrated no diversion of assets.

While the foundation excels in several areas, including transparency regarding their website and conflict of interest policies, there is a noted limitation: the absence of a whistleblower policy. Despite this, their financial management appears sound, with a program expense ratio of nearly 82%, reflecting a commitment to using funds effectively for their programming. Overall, the foundation is well-regarded for its governance practices and commitment to accountability.


This AI summary has been generated from information found on Charity Navigator.

What do the Facebook reviews say about Missouri Agricultural Foundation?

74% of 43 reviewers on Facebook recommend the Missouri Agricultural Foundation. Here's an overview of their sentiments:

A portion of the feedback expresses strong discontent, particularly highlighting concerns about the foundation's operations and alleged ties to large businesses, which some feel undermines its effectiveness. This sentiment reflects a skepticism toward the integrity and priorities of the organization.

While there are some positive endorsements, the prevailing theme indicates that many critics believe the foundation falls short of expectations. As such, potential supporters or beneficiaries may want to explore more about the foundation’s initiatives and overall impact before forming a complete opinion.


This AI summary has been generated from reviews found on Facebook.

Is Missouri Agricultural Foundation legitimate?

Missouri Agricultural Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Missouri Agricultural 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: $5,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.missouriagfoundation.org

What is the mission statement of Missouri Agricultural Foundation?

The Missouri Agricultural Foundation's mission is centered around supporting projects that promote sound agricultural practices, stimulate growth in agribusiness and agriculture tourism, boost international agricultural exports, advance urban agriculture, ensure food safety, and implement farm safety practices. Additionally, the foundation focuses on youth development and education. Currently, their activities include the Missouri Beef Initiative, which involves funding university beef research, developing programs for fescue tolerance testing, rewarding innovative solutions for adding value to the state's beef industry, and supporting small beef processors to modernize and promote Missouri beef products. Funding for the Missouri Beef Initiative is provided by the state government. The foundation also plans to grant funds to organizations committing to invest in capital improvements for public facilities that support, promote, and provide agricultural education and tourism venues.


Official website here: www.missouriagfoundation.org

Who is the CEO of Missouri Agricultural Foundation?

Leon Busdieker is the President of Missouri Agricultural Foundation.


Official website here: www.missouriagfoundation.org

What is the revenue of Missouri Agricultural Foundation?

Missouri Agricultural Foundation's revenue in 2022 was $2,978.


Official website here: www.missouriagfoundation.org

Who are the executives of Missouri Agricultural Foundation and what are their salaries?

There 10 volunteers at Missouri Agricultural Foundation.


Here are 11 key members and their salaries:


Leon Busdieker (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Madeline Thomas (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kristie Larson (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chris Chinn (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bob Idel (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Don Nikodim (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Bernskoetter (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Don Rone (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kurt Hamilton (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Blake Rollins (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Teresa Lee (Executive Director)
  • Compensation: $5,000
  • Related: $0
  • Other: $0


Official website here: www.missouriagfoundation.org

Where can I find the form 990 for Missouri Agricultural Foundation?

Missouri Agricultural Foundation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.missouriagfoundation.org

Learn more at the official website: www.missouriagfoundation.org

Mission Statement of Missouri Agricultural Foundation

The Missouri Agricultural Foundation is dedicated to supporting initiatives that foster sound agricultural practices, stimulate growth in agribusiness and agritourism, promote international agricultural exports, encourage urban agriculture, enhance food safety, advocate for farm safety practices, facilitate youth development, and provide educational opportunities. The organization's mission encompasses various aspects of agriculture, aiming to improve its sustainability and promote its growth.

Currently, the Missouri Agricultural Foundation is actively involved in several projects. One of these initiatives is the Missouri Beef Initiative, which seeks to fund university research on beef production using covered feeding facilities and develop programs to test replacement heifers and bulls for fescue tolerance. The foundation also aims to reward innovative solutions that add value to Missouri's beef industry and financially support small beef processors to modernize and expand their processing and marketing capabilities. Furthermore, the foundation is providing grants to organizations committed to using the proceeds for capital improvements in public facilities that support, promote, and provide educational programming and tourism venues for Missouri agriculture.

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Impact




August, 2024

Missouri Agricultural Foundation supports projects that promote sound agricultural practices, growth in agribusiness and agritourism, international agricultural exports, urban agriculture, food safety, farm safety practices, youth development, and education.

One of their current activities includes the Missouri Beef Initiative, where they provide grants for various projects related to beef research, testing for fescue tolerance, rewarding innovative solutions in the beef industry, and supporting small beef processors. These initiatives aim to modernize and promote the processing and marketing of more Missouri beef products.

Additionally, the foundation plans to make grants to organizations committed to funding capital improvements in public facilities dedicated to supporting and promoting agricultural education and tourism in Missouri. By providing funding and support in these areas, the Missouri Agricultural Foundation is contributing to the advancement and sustainability of agriculture in the state.




This information is meant to be a general summary of Missouri Agricultural 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
$2,978 (2022)
Expenses
$28,978 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $2,978
  • Gross Receipts: $2,978

Assets and Liabilities:

  • Total Assets: $1,112,425
  • Total Liabilities: $0
  • Net Assets: $1,112,425

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Organization Details

Founding Year

2015

Principal Officer

Leon Busdieker

Main Address

39358 PIN OAK CHURCH ROAD, TRUXTON, MO, 63381

NTEE Category

Code: K20 - Food

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