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 RoughBEN ROUGH
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Amy MorrisAMY MORRIS
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Bennett SaundersBENNETT SAUNDERS
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Denise MullinsDENISE MULLINS
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Ed BemisED BEMIS
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Ed TankardED TANKARD
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Jim EasonJIM EASON
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
John RauschJOHN RAUSCH
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Jonathan JasinskiJONATHAN JASINSKI
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Lloyd TravenLLOYD TRAVEN
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Maria ZampiniMARIA ZAMPINI
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Mark Yelanich PhDMARK YELANICH PHD
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Matt SawyerMATT SAWYER
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Mike HillerMIKE HILLER
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Peter MezittPETER MEZITT
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Ryan OverdevestRYAN OVERDEVEST
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Shane BrockshusSHANE BROCKSHUS
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Simon TraskeySIMON TRASKEY
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Steve TaberSTEVE TABER
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Leigh GeschwillLEIGH GESCHWILL
PRESIDENT
- Total calculated
- $0
- Hours/week
- 1
-
Jonathan BerryJONATHAN BERRY
PRESIDENT- ELECT
- Total calculated
- $0
- Hours/week
- 1
-
Brian DeckerBRIAN DECKER
IMMEDIATE PAST PRESIDENT
- Total calculated
- $0
- Hours/week
- 1
-
Dan BatsonDAN BATSON
TREASURER
- Total calculated
- $0
- Hours/week
- 2
-
Kenneth FisherKENNETH 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 LimbertKAREN 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
-
$35,000
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
-
$34,300
SEQUENCING LILACS TO DISCOVER GENES FOR REMONTANCY
-
$33,350
ESTABLISHING A CRISPR/CAS9-BASED SYSTEM FOR BREEDING CRAPEMYRTLE WITH IMPROVED COLD HARDINESS
-
$33,200
IMPROVING MANAGEMENT OF ROSE ROSETTE DISEASE BY UNDERSTANDING MOVEMENT BEHAVIOR OF VECTOR, PHYLLOCOPTES FRUCTIPHILUS
-
$32,900
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
-
$32,000
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.
-
AMERICAN HORTICULTURE INDUSTRY ASSOCIATION
501(C)(6) · HORTICULTRAL TRADE ASSOCIATION · OH
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.
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