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EIN 81-0945517

Farm Credit Foundation for Agricultural Advancement

IRS 501(c) type
501(c)(3)
Num. employees
Unknown
City
Westminster
State
Maryland
Year formed
2016
Most recent tax filings
2022-12-01
NTEE code, primary
T20: Private Foundations
Description
The Farm Credit Foundation for Agricultural Advancement is a scholarship program that offers scholarships to high school seniors or those currently enrolled in a two or four year higher education program, with plans to pursue a career in agriculture. The foundation aims to support the future of agriculture by providing financial aid to students interested in pursuing careers related to agriculture. They offer scholarships worth $10,000 each to students planning to pursue a career in agriculture and reside in Horizon Farm Credit’s territory.
Total revenues
$3,113,234
2022
Total expenses
$383,123
2022
Total assets
$7,873,030
2022
Num. employees
n/a

Program areas at Farm Credit Foundation for Agricultural Advancement

Awarded twenty scholarships to high school and college students planning to pursue a career in the agriculture industry.
Awarded seventeen scholarships to high school agriculture teachers to pursue an advanced degree or continuing education credits.

Grants made by Farm Credit Foundation for Agricultural Advancement

GranteeGrant descriptionAmount
University of Delaware (UD)Agricultural Scholarship$30,000
Dairy Excellence FoundationAgricultural Education$20,000
University of Northwestern Ohio (UNOH)Agricultural Scholarship$20,000
...and 15 more grants made

Personnel at Farm Credit Foundation for Agricultural Advancement

NameTitleCompensation
Brian RosatiVice Chair$0

Financials for Farm Credit Foundation for Agricultural Advancement

RevenuesFYE 12/2022
Total grants, contributions, etc.$3,000,100
Investment income and dividends$169,861
Net rental income$0
Net gain from sale of non-inventory assets$-58,012
Gross sales of inventory$0
Miscellaneous revenues$1,285
Total revenues$3,113,234

Form 990s for Farm Credit Foundation for Agricultural Advancement

Fiscal year endingDate received by IRSFormPDF link
2022-122023-10-12990PFView PDF
2021-122022-10-10990PFView PDF
2020-122021-09-24990PFView PDF
2019-122020-09-24990PRView PDF
2018-122019-12-31990PFView PDF
...and 3 more Form 990s
Data update history
December 4, 2023
Posted financials
Added Form 990PF for fiscal year 2022
November 25, 2023
Posted financials
Added Form 990PF for fiscal year 2021
May 22, 2023
Updated personnel
Identified 2 new personnel
August 10, 2022
Posted financials
Added Form 990PF for fiscal year 2020
August 2, 2022
Updated personnel
Identified 6 new personnel
Nonprofit Types
Grantmaking organizationsPrivate foundationsPrivate non-operating foundationsCharities
Issues
Education
Characteristics
Provides grantsPartially liquidatedTax deductible donationsNo full-time employees
General information
Address
45 Aileron CT
Westminster, MD 21157
Metro area
Baltimore-Columbia-Towson, MD
County
Carroll County, MD
Website URL
fcfoundationforag.org/ 
Phone
(888) 339-3334
IRS details
EIN
81-0945517
Fiscal year end
December
Taxreturn type
Form 990-PF
Year formed
2016
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
T20: Private Foundations
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
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