Overview
What is Agricultural Research Foundation?
The Agricultural Research Foundation, established in 1934, is a nonprofit organization based in Corvallis, Oregon. Its primary purpose is to encourage and facilitate research in various agriculture and related fields, benefiting Oregon's agricultural and natural resource industries. The foundation manages privately and publicly donated research funds, as well as contract funds from commodity commissions and producer associations. These funds support research conducted within Oregon State University facilities and across the state, contributing to numerous projects in crop production, plant breeding, livestock management, environmental toxins, energy production, and more. The foundation also operates a competitive grant program, providing financial assistance to new and established scientists to launch their research programs and initiatives. With a mission to engage in scientific investigation, research experimentation, and support educational training activities in agriculture and natural resources, the Agricultural Research Foundation plays a crucial role in advancing Oregon's agricultural sector.
Official website here: www.agresearchfoundation.oregonstate.edu
What are the reviews and ratings of this charity?
**: Charity Navigator Rating 96% (Four-Star out of Four Stars)**tar)**
The Agricultural Research Foundation has received a stellar Four-Star rating from Charity Navigator, with a score of 96% largely based on its Accountability & Finance metrics. This rating underscores the organization's strong financial health and transparency, demonstrating responsible governance practices, including 100% independent board members and robust financial oversight, coupled with a high program expense ratio indicating effective fund utilization towards its mission.
Strengths highlighted in the rating include the foundation's clear conflict of interest and whistleblower policies, as well as comprehensive document management practices. The organization reports a minimal liabilities-to-assets ratio, further reflecting its strong financial footing and prudent management of resources. Additionally, the bulk of its programming costs are directed towards meaningful initiatives, suggesting a commitment to impactful agricultural research.
Notably, there is no user feedback available from GreatNonprofits; hence, individual perspectives or experiences regarding the foundation cannot be summarized. This lack of user reviews may limit insight into its community engagement and perceived effectiveness by beneficiaries or supporters. Overall, the foundation's financial transparency is commendable while further community feedback could provide a more holistic view of its impact.
This AI summary has been generated from information found on Charity Navigator.
Is Agricultural Research Foundation legitimate?
Agricultural Research Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Agricultural Research 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: $95,471
Professional Fundraising Fees: $0
Other Salaries and Wages: $160,582
For more financial information, click here
Official website here: www.agresearchfoundation.oregonstate.edu
What is the mission statement of Agricultural Research Foundation?
The Agricultural Research Foundation's mission is to motivate and participate in scientific exploration, research experimentation, and educational training activities related to agriculture and natural resources. Their objective is to encourage research in various agricultural and related fields, benefiting these industries nationwide. The foundation serves as a custodian for donated research funds, contract funds from commodity commissions, and other producer associations. These resources support research conducted at Oregon State University facilities and throughout the state, as well as cooperative projects with scientists in other states. In 2021-22, the foundation had $9.9 million in gift and contract income, with approximately $1.1 million in investment earnings. Around $10 million was allocated for research activities, including small grants for new scientists and established researchers to launch new projects. The research funded by the foundation spanned various topics, including plastic ingestion by marine animals, controlling winter squash storage rots, and fertilizer guidelines for hazelnut trees.
Official website here: www.agresearchfoundation.oregonstate.edu
Who is the CEO of Agricultural Research Foundation?
Ralph Fisher is the President of Agricultural Research Foundation.
Official website here: www.agresearchfoundation.oregonstate.edu
What is the revenue of Agricultural Research Foundation?
Agricultural Research Foundation's revenue in 2022 was $10,957,714.
Official website here: www.agresearchfoundation.oregonstate.edu
Who are the executives of Agricultural Research Foundation and what are their salaries?
The average compensation at Agricultural Research Foundation during 2022 was $51,211. There are 5 employees and 27 volunteers at Agricultural Research Foundation.
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Official website here: www.agresearchfoundation.oregonstate.edu
Where can I find the form 990 for Agricultural Research Foundation?
Agricultural Research Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.agresearchfoundation.oregonstate.edu
Learn more at the official website: www.agresearchfoundation.oregonstate.edu
Mission Statement of Agricultural Research Foundation
The Agricultural Research Foundation, established over eight decades ago, has a mission to encourage and facilitate activities in agriculture and natural resources across Oregon. This nonprofit organization operates with the objective of fostering scientific investigation, research, experimentation, and educational training related to agriculture and natural resources within Oregon and beyond. The Foundation serves as a custodian for privately and publicly donated research funds, as well as contract funds from commodity commissions and producer associations. These funds are utilized to support research activities at Oregon State University facilities and various projects throughout the state, as well as cooperative projects with university scientists in other states. In the 2021-22 fiscal year, the Foundation generated $9.9 million in gift and contract income and approximately $1.1 million in investment earnings. The majority of these funds were allocated towards research activities, including through the Foundation's competitive grant program. This program provides small grants to new scientists to launch their research programs and to established scientists to initiate new activities. The research funded by the Agricultural Research Foundation covered a wide range of topics, including plastic ingestion by marine animals, control of winter squash storage rots, and fertilizer guidelines for hazelnut trees. The Foundation's mission has helped establish a strong, collaborative partnership between Oregon State University and the diverse agricultural and natural resource industries in the state, striving for enhancements each year.
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Impact
July, 2024
The Agricultural Research Foundation's impact lies in its dedication to encouraging and facilitating research in all branches of agriculture and related fields for the benefit of Oregon's agricultural and natural resource industries. Through the management of private and public research funds, as well as contract funds, the foundation supports research activities conducted at Oregon State University facilities and throughout the state.
In 2021-22, the foundation had $9.9M in gift and contract income, with approximately $1.1M in investment earnings. $10M was spent on research activities, including funding through competitive grant programs aimed at new and established scientists. Projects funded by the foundation ranged from studying plastic ingestion by marine animals to controlling winter squash storage rots and establishing fertilizer guidelines for hazelnut trees.
The foundation's impact extends to research areas such as crop production, plant breeding, livestock management, environmental toxins, and energy production, with hundreds of research projects actively supported. By fostering a collaborative partnership between Oregon State University and the state's diverse agricultural and natural resource industries, the Agricultural Research Foundation continues to enhance scientific investigation and educational training activities in agriculture and natural resources throughout Oregon and beyond.
This information is meant to be a general summary of Agricultural Research 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: $1,624,837
- Program Service Revenue: $5,956,921
- Gross Receipts: $13,570,106
Assets and Liabilities:
- Total Assets: $32,352,057
- Total Liabilities: $6,600,923
- Net Assets: $25,751,134
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CONTRACTS
Revenue
$5,956,921
Organization Details
Founding Year
1934
Phone
(541) 737-4066Principal Officer
Ralph Fisher
Main Address
1600 SW WESTERN BLVD 320, CORVALLIS, OR, 97333
NTEE Category
Code: U50 - Science research
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