Overview
What is Montana Farm Bureau Foundation?
Montana Farm Bureau Foundation is a nonprofit organization headquartered in Bozeman, Montana. Its primary objective is to support Montana agriculture by investing in education, research, and community initiatives. The foundation places a particular emphasis on nurturing youth development, offering leadership training and scholarships to empower young individuals to represent agricultural interests at local, state, and national levels. By fostering a robust grassroots foundation, the Montana Farm Bureau Foundation aims to influence policy matters impacting agriculture effectively. The organization has offered over $10,000 in scholarships, contributing to the education and leadership development of Montana's youth.
Official website here: www.mfbf.org/foundation
What are the reviews and ratings of this charity?
Charity Navigator Rating: 90% (Four-Star out of Four Stars)
The Montana Farm Bureau Foundation has received a commendable Four-Star rating from Charity Navigator, reflecting strong accountability and financial health. The overall score is derived solely from its accountability and finance metrics, achieving a robust 90% in this category. Notably, the foundation boasts a fully independent board, with 85% of its members being independent, and it has demonstrated effective governance practices by listing essential policies and maintaining proper documentation.
Key strengths of the foundation include a low liabilities to assets ratio of 1.75%, indicating strong financial stability, and a high program expense ratio of 77.97%, suggesting a significant portion of funds is directed toward its programs and services. The organization excels in several governance areas, such as having its website listed on its tax form and maintaining a conflict of interest policy.
However, there are areas for improvement, particularly the absence of a whistleblower policy, which is critical for ensuring transparency and accountability within the organization. Overall, the Montana Farm Bureau Foundation demonstrates a solid commitment to financial responsibility and effective governance, though addressing its policy gaps could enhance its standing further.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Montana Farm Bureau Foundation?
98% of 18 reviewers on Facebook recommend the Montana Farm Bureau Foundation. Here is a summary of their reviews:
Many users express strong support for the organization, emphasizing its commitment to agriculture and the sense of community it fosters among its members. The enthusiasm is palpable, with one reviewer unequivocally declaring it the best agricultural organization and expressing pride in being associated with it.
Overall, the sentiment is overwhelmingly positive; individuals feel a deep connection to the organization's mission and appreciate the opportunities it provides for agricultural advocacy and education. The Montana Farm Bureau Foundation clearly resonates with its supporters, who value its role in promoting agricultural interests.
This AI summary has been generated from reviews found on Facebook.
Is Montana Farm Bureau Foundation legitimate?
Montana Farm Bureau Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Montana 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.
Heare are some key statistics you may want to consider:
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For more financial information, click here
Official website here: www.mfbf.org/foundation
What is the mission statement of Montana Farm Bureau Foundation?
The Montana Farm Bureau Foundation's mission is centered around supporting Montana agriculture. This is achieved through various means, including education, research, and community outreach. The foundation has a special focus on the development of youth, recognizing their significant role in shaping the future of agriculture. One of their key initiatives is the ACE Scholarships, which aim to equip young individuals with leadership skills. These scholars learn to identify community needs and understand their role in addressing them, contributing to a stronger grassroots foundation. The Montana Farm Bureau Foundation also provides financial aid for youth education and leadership development, investing over $10,000 annually to support the next generation of agricultural leaders.
Official website here: www.mfbf.org/foundation
Who is the CEO of Montana Farm Bureau Foundation?
Cynthia Johnson is the Principal Officer of Montana Farm Bureau Foundation.
Official website here: www.mfbf.org/foundation
What is the revenue of Montana Farm Bureau Foundation?
Montana Farm Bureau Foundation's revenue in 2022 was $149,637.
Official website here: www.mfbf.org/foundation
Who are the executives of Montana Farm Bureau Foundation and what are their salaries?
There 100 volunteers at Montana Farm Bureau Foundation.
Here are 15 key members and their salaries:
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- Related: $104,696
- Other: $11,913
Official website here: www.mfbf.org/foundation
Where can I find the form 990 for Montana Farm Bureau Foundation?
Montana Farm Bureau Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.mfbf.org/foundation
Learn more at the official website: www.mfbf.org/foundation
Mission Statement of Montana Farm Bureau Foundation
The Montana Farm Bureau Foundation, a nonprofit organization, is dedicated to supporting Montana agriculture through education, research, and community engagement, with a particular focus on nurturing the development of its youth. The mission of this foundation is to foster a vibrant and healthy grassroots foundation that can significantly impact policy issues affecting agriculture. The Montana Farm Bureau Foundation accomplishes this by providing leadership development opportunities and scholarships, investing over $10,000 in the education and leadership development of Montana's youth. Through these initiatives, the foundation empowers young individuals to represent Farm Bureau interests and the agriculture sector at local, state, and national levels. By doing so, the Montana Farm Bureau Foundation plays a pivotal role in identifying and addressing the needs of their communities, demonstrating the importance of their service in bringing about meaningful change in agriculture policy.
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Impact
October, 2024
The Montana Farm Bureau Foundation significantly impacts Montana agriculture through its commitment to education, research, and community support, particularly focusing on youth development. By investing over $10,000 in scholarships, the Foundation enables young individuals to undergo crucial training and education necessary for their growth in the agricultural sector.
Through programs like Leadership Development and the Armed to Communicate initiative, participants gain vital skills to represent agricultural interests at local, state, and national levels. These programs not only enhance leadership abilities but also empower youth to identify and address the needs within their communities.
This grassroots approach cultivates a vibrant future for agriculture in Montana, as it equips the next generation with the tools needed to drive positive changes in policy issues affecting the industry. By fostering strong leadership and community engagement, the Montana Farm Bureau Foundation plays a pivotal role in ensuring the sustainability and growth of agriculture in the region.
This information is meant to be a general summary of Montana 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 2022.
- Investment Income: $13,627
- Gross Receipts: $178,546
Assets and Liabilities:
- Total Assets: $1,130,491
- Total Liabilities: $19,842
- Net Assets: $1,110,649
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Organization Details
Founding Year
1999
Phone
(406) 587-3153Principal Officer
Cynthia Johnson
Main Address
100 RED MOUNTAIN DRIVE 101, BOZEMAN, MT, 59718
Website
www.mfbf.org/foundationNTEE Category
Code: K112 - Food
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