Form 990 for tax year 2025
Filed by TENNESSEE FARMERS COOPERATIVE FOUNDATION INC.
Totals
- Total revenue
- $374,861
- Total expenses
- $436,448
- Contributions and grants received
- $390,795
- Grants paid
- $345,586
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- -$15,934
- Total assets, end of year
- $205,602
- Total liabilities, end of year
- $28,098
- Net assets or fund balances, end of year
- $177,504
- Program services expenses (Part IX)
- $364,521
- Management and general expenses
- $40,662
- Fundraising expenses
- $31,265
- Program service expenses (Part III)
- $364,521
Program services were 83.5% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1c · Fundraising events
$72,177
-
1f · All other contributions, gifts and grants
$318,618
-
1g · Noncash contributions included above
$51,098
-
2f · All other program service revenue
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
6c · Rental income or loss
real property $0 · personal property $0
-
7c · Gain or loss
securities $0 · other assets $0
-
8a · Fundraising events: gross income
$48,803
-
8a · Fundraising events: contributions included on line 1c
$72,177
-
8b · Fundraising events: direct expenses
$64,737
-
8c · Net income from fundraising events
total -$15,934 · excluded -$15,934
-
11d · All other revenue
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
11e · Other revenue, total
$0
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $289,976 · program services $289,976
-
2 · Grants to domestic individuals
total $55,610 · program services $55,610
-
11b · Fees: legal
total $294 · management and general $294
-
11g · Fees: other
total $0 · program services $0 · management and general $0 · fundraising $0
-
12 · Advertising and promotion
total $6,593 · fundraising $6,593
-
13 · Office expenses
total $4,597 · management and general $3,297 · fundraising $1,300
-
14 · Information technology
total $5,789 · program services $1,428 · management and general $4,163 · fundraising $198
-
17 · Travel
total $1,781 · program services $890 · fundraising $891
-
19 · Conferences, conventions and meetings
total $975 · program services $325 · management and general $325 · fundraising $325
-
24a · Other expenses: SALARY REIMBURSEMENT
total $70,833 · program services $16,292 · management and general $32,583 · fundraising $21,958
-
24e · All other expenses
total $0 · program services $0 · management and general $0 · fundraising $0
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $173,039 · end of year $169,481
-
3 · Pledges and grants receivable
beginning of year $25,501 · end of year $0
-
4 · Accounts receivable
beginning of year $44,010 · end of year $36,121
-
5 · Loans and receivables from officers and key people
beginning of year $0 · end of year $0
-
6 · Loans and receivables from disqualified persons
beginning of year $0 · end of year $0
-
9 · Prepaid expenses and deferred charges
beginning of year $0
-
10a · Land, buildings and equipment: cost or other basis
$0
-
10b · Land, buildings and equipment: accumulated depreciation
$0
-
10c · Land, buildings and equipment, net
beginning of year $0 · end of year $0
-
12 · Investments: other securities
beginning of year $0
-
13 · Investments: program-related
beginning of year $0
-
15 · Other assets
beginning of year $0 · end of year $0
-
17 · Accounts payable and accrued expenses
beginning of year $3,459 · end of year $28,098
-
22 · Loans and payables to officers and key people
beginning of year $0 · end of year $0
-
25 · Other liabilities
beginning of year $0 · end of year $0
-
27 · Net assets without donor restrictions
beginning of year $239,091 · end of year $177,504
Mission and programs · 2025
Mission
THE MISSION OF THE TFC FOUNDATION IS TO FOSTER FUTURE GENERATIONS OF AGRICULTURAL LEADERS, SERVE LOCAL COMMUNITIES, AND SUPPORT FAITH-BASED INITIATIVES.
Activities or mission (Part I)
THE TFC FOUNDATION WILL FOSTER FUTURE GENERATIONS OF AGRICULTURAL LEADERS, SERVE LOCAL COMMUNITIES, AND SUPPORT FAITH-BASED INITIATIVES. THE TFC FOUNDATION, ESTABLISHED IN 2021, SUPPORTS ALL 95 COUNTIES IN TENNESSEE AND CONTINUES THE COMMUNITY ENRICHMENT INITIATED BY TENNESSEE FARMERS COOPERATIVE IN 1945. ONE OF THE SEVEN COOPERATIVE PRINCIPLES IS "CONCERN FOR COMMUNITY THE FOUNDATION SUPPORTS THIS PRINCIPLE. THE FOUNDATION GENERATES REVENUE FROM TFC AND UNIQUE FUNDRAISERS, INCLUDING THE ANNUAL CO-OP AUCTION BARN AND THE YEARLY FFA/4-H KNIFE SALE IN SUPPORT OF TENNESSEE 4-H AND FFA. A BOARD OF DIRECTORS, COMPRISED OF TFC LEADERSHIP, STATE-WIDE GENERAL MANAGERS, AND PROFESSIONAL STAFF, OVERSEES FINANCIAL MATTERS AND GRANT DECISIONS TO MAXIMIZE COMMUNITY IMPACT.
-
THE ORGANIZATION PROVIDES FUNDING AND GRANTS TO ORGANIZATIONS AND INDIVIDUALS TO SUPPORT FUTURE EDUCATIONAL ENDEAVORS. TENNESSEE 4-H AND FFA PROGRAMS BENEFIT SIGNIFICANTLY FROM THE ORGANIZATION'S FUNDRAISING AND GRANTMAKING EFFORTS.
Expenses $332,911 · Grants $313,976
-
FACILITATED HURRICANE HELENE DISASTER RELIEF FUNDRAISING EFFORTS FOR FLOOD VICTIMS IN EAST TENNESSEE AND WEST NORTH CAROLINA.
Expenses $31,610 · Grants $31,610
As filed on the 2025 return.
Listed in Part VII
-
Andy WoodardANDY WOODARD
CHIEF OPERATING OFFICER
- Total calculated
- $0
- Hours/week
- 2
-
Elizabeth FossELIZABETH FOSS
SECRETARY
- Total calculated
- $0
- Hours/week
- 2
-
Kirk FischerKIRK FISCHER
CHIEF FINANCIAL OFFICER
- Total calculated
- $0
- Hours/week
- 2
-
Shannon HuffSHANNON HUFF
PRESIDENT (THROUGH OCTOBER 2025)
- Total calculated
- $0
- Hours/week
- 2
-
Deb DunnDEB DUNN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Jeremy HorneJEREMY HORNE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Paul ArnettePAUL ARNETTE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Tim LuckeyTIM LUCKEY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Tommy TownsendTOMMY TOWNSEND
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Claire HillCLAIRE HILL
EXECUTIVE DIRECTOR
- Total calculated
- $0
- Hours/week
- 20
-
John CainJOHN CAIN
PRESIDENT (BEGINNING OCTOBER 2025)
- Total calculated
- $0
- Hours/week
- 2
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
-
$158,600
ACADEMIC SUPPORT
-
$67,370
AGRICULTURAL EDUCATION SUPPORT
-
AGRICULTURAL EDUCATION SUPPORT
-
AGRICULTURAL EDUCATION SUPPORT
Provenance
- Return type
- form_990
- Tax year
- 2025
- Filed
- 23 August 2026
- IRS schema version
- 2025v4.2
- Source object
- 202612359349300251
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