Skip to content
Nonprofiteer
← HORTICULTURAL RESEARCH INSTITUTE ENDOWMENT FUND INC

Form 990 for tax year 2024

Filed by HORTICULTURAL RESEARCH INSTITUTE ENDOWMENT FUND INC.

Totals

Total revenue
$2,990,252
Total expenses
$1,107,080
Contributions and grants received
$1,792,445
Grants paid
$451,000
Program service revenue
$28,800
Investment income
$1,169,007
Other revenue
$0
Total assets, end of year
$23,618,142
Total liabilities, end of year
$54,355
Net assets or fund balances, end of year
$23,563,787
Program services expenses (Part IX)
$919,885
Management and general expenses
$119,742
Fundraising expenses
$67,453
Program service expenses (Part III)
$919,885

Program services were 83.1% 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.

  • 1d · Related organizations

    $212,106

  • 1e · Government grants (contributions)

    $11,250

  • 1f · All other contributions, gifts and grants

    $1,569,089

  • 2a · Program service revenue: PUBLICATIONS

    total $28,800 · related or exempt $28,800

  • 3 · Investment income

    total $558,355 · excluded $558,355

  • 7a · Gross sales of assets other than inventory

    securities $610,652

  • 7b · Less cost or other basis and sales expenses

    securities $0

  • 7c · Gain or loss

    securities $610,652

  • 7d · Net gain or loss

    total $610,652 · excluded $610,652

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $420,000 · program services $420,000

  • 2 · Grants to domestic individuals

    total $31,000 · program services $31,000

  • 11a · Fees: management

    total $250,000 · program services $187,500 · management and general $37,500 · fundraising $25,000

  • 11c · Fees: accounting

    total $17,956 · management and general $17,956

  • 11f · Fees: investment management

    total $47,931 · management and general $47,931

  • 12 · Advertising and promotion

    total $5,840 · fundraising $5,840

  • 13 · Office expenses

    total $4,407 · management and general $4,407

  • 14 · Information technology

    total $13,865 · program services $13,865

  • 17 · Travel

    total $31,454 · program services $31,454

  • 23 · Insurance

    total $2,250 · management and general $2,250

  • 24a · Other expenses: LEADERSHIP ACADEMY

    total $205,885 · program services $205,885

  • 24b · Other expenses: RECEPTION EXPENSES

    total $36,613 · fundraising $36,613

  • 24c · Other expenses: JOURNAL DIRECT EXPENSES

    total $29,058 · program services $29,058

  • 24d · Other expenses: GOVERNANCE

    total $9,698 · management and general $9,698

  • 24e · All other expenses

    total $1,123 · program services $1,123

Balance sheet

Part X, book values.

  • 2 · Savings and temporary cash investments

    beginning of year $2,221,099 · end of year $2,911,349

  • 3 · Pledges and grants receivable

    beginning of year $143,305 · end of year $269,794

  • 4 · Accounts receivable

    beginning of year $2,050 · end of year $520

  • 9 · Prepaid expenses and deferred charges

    beginning of year $12,843 · end of year $40,008

  • 11 · Investments: publicly traded securities

    beginning of year $17,805,038 · end of year $20,396,471

  • 17 · Accounts payable and accrued expenses

    beginning of year $21,241 · end of year $40,358

  • 25 · Other liabilities

    beginning of year $27,867 · end of year $13,997

  • 27 · Net assets without donor restrictions

    beginning of year $225,599 · end of year $225,599

  • 28 · Net assets with donor restrictions

    beginning of year $19,909,628 · end of year $23,338,188

Mission and programs · 2024

Mission

TO DIRECT, FUND, PROMOTE, AND COMMUNICATE HORTICULTURAL RESEARCH WHICH INCREASES THE QUALITY AND VALUE OF PLANTS, IMPROVES THE PRODUCTIVITY AND PROFITABILITY OF THE NURSERY AND LANDSCAPE INDUSTRY, AND PROTECTS AND ENHANCES THE ENVIRONMENT.

  • RESEARCH PROJECTS AND STUDENT SCHOLARSHIPS THAT FOCUS ON GREEN INDUSTRY PRIORITY ISSUES RESULTING IN PROBLEM SOLVING SOLUTIONS AND TECHNIQUES, INCLUDING STUDENT EDUCATION.

    Expenses $684,942 · Grants $451,000

  • PUBLICATION: JOURNAL OF ENVIRONMENTAL HORTICULTURE PROVIDES A MEANS FOR RAPID COMMUNICATION OF IMPORTANT, RELEVANT, AND CURRENT RESEARCH FINDINGS IN ENVIRONMENTAL HORTICULTURE TO THE GREEN INDUSTRY AND TO SCIENTISTS WORLDWIDE. THE JOURNAL HAS BEEN PUBLISHED SINCE 1983.

    Expenses $29,058 · Revenue $28,800

  • LEADERSHIP: THE HRI LEADERSHIP ACADEMY GUIDES PARTICIPANTS THROUGH A CONCENTRATED CURRICULUM DESIGNED TO DEVELOP THE SKILLS THE FUTURE GREEN INDUSTRY WILL NEED TO PERFORM BETTER, GROW FASTER, AND PREPARE FOR THE FUTURE. THE ACADEMY ADDRESSES THE INDUSTRY'S NEED FOR A LEADERSHIP DEVELOPMENT PROGRAM THAT SERVES BOTH CURRENT AND FUTURE LEADERS THROUGH TRAINING, COACHING, AND ACCESS TO A GROWING NETWORK OF INDUSTRY LEADERS.

    Expenses $205,885

As filed on the 2024 return.

Listed in Part VII

  • Ben Rough

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Amy Morris

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Bennett Saunders

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Denise Mullins

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Ed Bemis

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Ed Tankard

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Jim Eason

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • John Rausch

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Jonathan Jasinski

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Lloyd Traven

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Maria Zampini

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Mark Yelanich PhD

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Matt Sawyer

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Mike Hiller

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Peter Mezitt

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Ryan Overdevest

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Shane Brockshus

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Simon Traskey

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Steve Taber

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Leigh Geschwill

    PRESIDENT

    Total calculated
    $0
    Hours/week
    1
  • Jonathan Berry

    PRESIDENT- ELECT

    Total calculated
    $0
    Hours/week
    1
  • Brian Decker

    IMMEDIATE PAST PRESIDENT

    Total calculated
    $0
    Hours/week
    1
  • Dan Batson

    TREASURER

    Total calculated
    $0
    Hours/week
    2
  • Kenneth Fisher

    EXECUTIVE DIRECTOR

    Total calculated
    $458,561
    From this org
    $0
    From related orgs
    $406,749
    Other
    $51,812
    Hours/week
    3 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $366,749 related
    Bonus
    $0 + $40,000 related
    Other
    $0
    Deferred
    $0 + $31,026 related
    Nontaxable benefits
    $0 + $20,786 related
    Filer's total
    $0 + $458,561 related
  • Karen Limbert

    VP, OPERATION & FINANCE

    Total calculated
    $201,104
    From this org
    $0
    From related orgs
    $160,608
    Other
    $40,496
    Hours/week
    2 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $146,048 related
    Bonus
    $0 + $14,560 related
    Other
    $0
    Deferred
    $0 + $14,605 related
    Nontaxable benefits
    $0 + $25,891 related
    Filer's total
    $0 + $201,104 related

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. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

None.

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

  • NORTH CAROLINA STATE UNIVERSITY

    $40,000

    DISCOVER CERCIS VSD RESISTANCE FROM RELATIVE CERCIS SPP FOR C. CANADENSIS

  • NORTH CAROLINA STATE UNIVERSITY

    $40,000

    NATIONAL GREEN INDUSTRY SURVEY

  • IMPROVING RECEPTION: BETTER DETECTION OF RFID PLANT LABELS WITH DRONE MOUNTED AND HANDHELD READERS

  • IDENTIFYING THE CAUSAL AGENT AND PREDISPOSING CONDITIONS THAT FACILITATE VASCULAR STREAK DIEBACK IN REDBUD

  • NORTH CAROLINA STATE UNIVERSITY

    $34,650

    EVALUATION OF SUBSTRATES FOR SUPPRESSION OF PHYTOPHTHORA ROOT AND CROWN ROT ON GREENHOUSE ORNAMENTALS

  • SEQUENCING LILACS TO DISCOVER GENES FOR REMONTANCY

  • ESTABLISHING A CRISPR/CAS9-BASED SYSTEM FOR BREEDING CRAPEMYRTLE WITH IMPROVED COLD HARDINESS

  • IMPROVING MANAGEMENT OF ROSE ROSETTE DISEASE BY UNDERSTANDING MOVEMENT BEHAVIOR OF VECTOR, PHYLLOCOPTES FRUCTIPHILUS

  • TOWARDS PRECISION INSECTICIDE APPLICATION FOR SUSTAINABLE GREEN INDUSTRY PRACTICES BY ANALYZING TOXICITY, SUBLETHAL- AND LOW-DOSE EFFECTS ON CRAPEMYRTLE BARK SCALE THROUGH RECORDING FEEDING BEHAVIOR OF INSECTS ON ARTIFICIAL DIET

  • IMPROVING DETECTION AND RESISTANCE SCREENING OF CURRENT BACTERIAL PATHOGEN THREATS TO THE GERANIUM INDUSTRY

The 10 largest by cash amount. The API serves every itemized grant.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

  • AMERICANHORT SERVICES INC

    C · HORTICULTURE · OH

Provenance

Return type
form_990
Tax year
2024
Filed
22 October 2025
IRS schema version
2024v5.2
Source object
202543119349303809

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.