Overview
What is Foodshed Capital?
Foodshed Capital, recognized as Virginia Foodshed Capital, is a nonprofit organization situated in Charlottesville, Virginia. Its primary mission is to offer financial support to family farmers and food entrepreneurs, making capital more accessible for those often overlooked by traditional financial systems. This includes low-income and low-asset individuals, underrepresented communities such as Black and Brown families, women and non-binary people, immigrants, and indigenous communities, among others. The organization's focus is on farms and food businesses that prioritize resilient, regenerative, and eco-friendly practices, promoting soil health and biodiversity, and ultimately providing healthy, culturally appropriate food for local communities. Foodshed Capital plays a pivotal role in fostering an equitable and regenerative local food economy, providing essential financial stewardship to these ventures.
Official website here: www.foodcap.org/
Is Foodshed Capital legitimate?
Foodshed Capital is a legitimate nonprofit organization registered as a 501(c)(3) entity. Foodshed Capital 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.
Here are some key statistics you may want to consider:
Executive Compensation: $65,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $254,116
For more financial information, click here
What is the mission statement of Foodshed Capital?
Foodshed Capital's mission is focused on providing financial stewardship to farms and businesses that support a local food economy. More specifically, the organization aims to promote an equitable and regenerative local food economy by making capital more accessible and available to disadvantaged borrowers, such as low-income/low-asset individuals and families, women and non-binary people, immigrants, indigenous communities, and others who have been affected by an extractive economy and systemic discrimination. The organization primarily works with farms and food businesses that employ sustainable, regenerative, eco-friendly practices, which foster soil health and biodiversity, and produce healthy, culturally appropriate food for local communities.
Official website here: www.foodcap.org/
Who is the CEO of Foodshed Capital?
What is the revenue of Foodshed Capital?
Who are the executives of Foodshed Capital and what are their salaries?
The average compensation at Foodshed Capital during 2022 was $53,186. There are 6 employees and 7 volunteers at Foodshed Capital.
Here are 8 key members and their salaries:
- Michael Reilly (Executive Director)
- Hunter Hopcroft (Chairperson) [Trustee/Director]
- Tracey Wiley (Secretary) [Trustee/Director]
- Kristen Suokko (Director)
- Shantell Bingham (Director)
- Leesa Christian (Director)
- Michael Carter Jr (Director)
- Harrison Roday (Treasurer) [Trustee/Director]
Official website here: www.foodcap.org/
Where can I find the form 990 for Foodshed Capital?
The Foodshed Capital’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.foodcap.org/
Learn more at the official website: www.foodcap.org/
Mission Statement of Foodshed Capital
Foodshed Capital's mission is centered around providing financial stewardship to farms and businesses that support a local food economy. More specifically, the organization aims to promote an equitable and regenerative local food system. They achieve this by making capital more accessible and available to family farmers and food entrepreneurs who are often disadvantaged by the traditional financial system. Foodshed Capital prioritizes working with borrowers from underrepresented communities, including low-income/low-asset individuals and families, Black and Brown families, women and non-binary people, immigrants, indigenous communities, and others who have been impacted by an extractive economy and systemic discrimination. The focus of Foodshed Capital's work is on farms and food businesses that employ resilient, regenerative, and eco-friendly practices that enhance soil health, biodiversity, and produce healthy, culturally appropriate food for local communities.
Impact
This information is meant to be a general summary of Foodshed Capital. Please take the time to review official sources before making any decisions based upon the content provided here.
Saturday, July 20, 2024
Foodshed Capital's impact lies in its ability to provide financial stewardship to farms and businesses supporting a local food economy. Through its loan fund, the organization makes capital more available and accessible for family farmers and food entrepreneurs who have been disenfranchised from the traditional financial system. By working with marginalized groups including low-income individuals, people of color, women, immigrants, and indigenous communities, Foodshed Capital addresses systemic discrimination and inequities within the food system.
Moreover, the organization focuses on supporting farms and food businesses dedicated to using resilient, regenerative, and eco-friendly practices that promote soil health, biodiversity, and produce culturally appropriate food for local communities. By championing an equitable and regenerative local food economy in Charlottesville, VA, Foodshed Capital plays a critical role in fostering sustainable agriculture practices and empowering underserved communities in the food industry.
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.
- Assets and Liabilities:
Organization Details
Founding Year
2019
Phone
(434) 409-0053
Principal Officer
Michael Reilly
Main Address
101 DEVON ROAD, CHARLOTTESVILLE, VA, 22903
Website
www.foodcap.org/
NTEE Category
Code: K12 - Food
If you are a representative of Foodshed Capital and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.