Overview
What is Kentucky Farm Bureau Education Foundation Inc?
Kentucky Farm Bureau Education Foundation Inc is a nonprofit organization situated in Louisville, Kentucky. The primary focus of this organization is to provide financial aid for higher education and promote agricultural education within Kentucky's elementary and secondary schools. In 2022, they granted educational scholarships and awards to approximately 120 approved recipients. This foundation plays a critical role in supporting the educational growth of future generations while fostering an understanding of agriculture within the community.
Official website here: www.kyfb.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 77% (Three-Star out of Four Star Rating)
The Kentucky Farm Bureau Education Foundation Inc has received a Three-Star rating from Charity Navigator, reflecting a score of 77%. This rating is solely based on its Accountability & Finance score, indicating a focus on fiscal responsibility and transparency. A high majority of the board members are independent, which is a positive sign for governance and decision-making processes.
Strengths of the organization include a strong program expense ratio of 98.90%, suggesting that a significant portion of its funds are directed towards its educational initiatives. The foundation also scores highly in several governance areas, such as having a conflict of interest policy and whistleblower policy in place, which contribute to its accountability.
However, while the foundation shows strengths in financial management and governance, there are no additional ratings or insight into its programmatic impact or community engagement noted in the data provided. This lack of detail may limit potential donors' understanding of the foundation's effectiveness in fulfilling its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Kentucky Farm Bureau Education Foundation Inc legitimate?
Kentucky Farm Bureau Education Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Kentucky Farm Bureau Education Foundation Inc 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
Official website here: www.kyfb.com
What is the mission statement of Kentucky Farm Bureau Education Foundation Inc?
The Kentucky Farm Bureau Education Foundation Inc's mission involves providing financial aid for higher education and promoting agricultural education in elementary and secondary schools across the state. They accomplish this by granting scholarships and awards to eligible students. During 2022, approximately 120 approved recipients benefited from these educational grants. The foundation aims to foster a deeper understanding of agriculture and the importance of higher education among the younger generation.
Official website here: www.kyfb.com
Who is the CEO of Kentucky Farm Bureau Education Foundation Inc?
Drew Graham is the Director of Kentucky Farm Bureau Education Foundation Inc.
Official website here: www.kyfb.com
What is the revenue of Kentucky Farm Bureau Education Foundation Inc?
Kentucky Farm Bureau Education Foundation Inc's revenue in 2022 was $1,205,520.
Official website here: www.kyfb.com
Who are the executives of Kentucky Farm Bureau Education Foundation Inc and what are their salaries?
There 27 volunteers at Kentucky Farm Bureau Education Foundation Inc.
Here are 29 key members and their salaries:
- Compensation: $0
- Related: $8,150
- Other: $3,343
- Compensation: $0
- Related: $4,650
- Other: $5,211
- Compensation: $0
- Related: $6,950
- Other: $0
- Compensation: $0
- Related: $111,505
- Other: $17,390
- Compensation: $0
- Related: $7,550
- Other: $0
- Compensation: $0
- Related: $4,650
- Other: $22,021
- Compensation: $0
- Related: $0
- Other: $31,628
- Compensation: $0
- Related: $6,350
- Other: $0
- Compensation: $0
- Related: $10,150
- Other: $0
- Compensation: $0
- Related: $0
- Other: $24,553
- Compensation: $0
- Related: $142,630
- Other: $12,288
- Compensation: $0
- Related: $11,350
- Other: $0
- Compensation: $0
- Related: $4,950
- Other: $4,807
- Compensation: $0
- Related: $22,285
- Other: $0
- Compensation: $0
- Related: $23,285
- Other: $0
- Compensation: $0
- Related: $20,085
- Other: $0
- Compensation: $0
- Related: $20,735
- Other: $0
- Compensation: $0
- Related: $18,885
- Other: $0
- Compensation: $0
- Related: $29,050
- Other: $11,912
- Compensation: $0
- Related: $119,605
- Other: $0
- Compensation: $0
- Related: $21,885
- Other: $0
- Compensation: $0
- Related: $9,350
- Other: $0
- Compensation: $0
- Related: $7,550
- Other: $0
- Compensation: $0
- Related: $25,285
- Other: $0
- Compensation: $0
- Related: $16,735
- Other: $0
- Compensation: $0
- Related: $23,285
- Other: $0
- Compensation: $0
- Related: $25,485
- Other: $0
- Compensation: $0
- Related: $20,035
- Other: $0
- Compensation: $0
- Related: $471,655
- Other: $42,384
Official website here: www.kyfb.com
Where can I find the form 990 for Kentucky Farm Bureau Education Foundation Inc?
Kentucky Farm Bureau Education Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.kyfb.com
Learn more at the official website: www.kyfb.com
Mission Statement of Kentucky Farm Bureau Education Foundation Inc
Kentucky Farm Bureau Education Foundation Inc is committed to providing financial aid for higher education and fostering agricultural education within Kentucky's elementary and secondary schools. Their mission is twofold: first, they offer financial grants to eligible recipients pursuing higher education; second, they work to promote agricultural education within the local school system. In 2022, the foundation granted educational scholarships and awards to approximately 120 approved recipients, demonstrating their dedication to supporting young individuals seeking higher education in agricultural fields. By promoting agricultural education and providing financial assistance, the Kentucky Farm Bureau Education Foundation Inc aims to empower the next generation of agriculture leaders in Kentucky.
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Impact
July, 2024
Kentucky Farm Bureau Education Foundation Inc's impact includes providing financial grants for higher education and promoting agricultural education in Kentucky elementary and secondary schools. In 2022, the foundation granted educational scholarships and awards to approximately 120 approved recipients. Through its initiatives, the foundation contributes to the support and development of students pursuing higher education and fosters agricultural education within the Kentucky community.
This information is meant to be a general summary of Kentucky Farm Bureau Education Foundation Inc. 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 2022.
- Investment Income: $1,437
- Gross Receipts: $1,244,029
Assets and Liabilities:
- Total Assets: $422,797
- Total Liabilities: $55,651
- Net Assets: $367,146
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Organization Details
Founding Year
1965
Phone
(502) 495-5000Principal Officer
Drew Graham
Main Address
9201 BUNSEN PARKWAY PO BOX 20700, LOUISVILLE, KY, 402500700
Website
www.kyfb.comNTEE Category
Code: K20 - Food
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