Skip to content
Nonprofiteer
← US POULTRY & EGG HAROLD E FORD FOUNDATION INC

Form 990 for tax year 2022

Filed by US POULTRY & EGG HAROLD E FORD FOUNDATION INC.

Totals

Total revenue
$1,447,117
Total expenses
$1,412,307
Contributions and grants received
$456,919
Grants paid
$521,647
Program service revenue
$0
Investment income
$990,198
Other revenue
$0
Total assets, end of year
$17,934,063
Total liabilities, end of year
$761,054
Net assets or fund balances, end of year
$17,173,009
Program services expenses (Part IX)
$1,316,585
Management and general expenses
$95,722
Fundraising expenses
$0
Program service expenses (Part III)
$1,316,585

Program services were 93.2% 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

    $431,988

  • 1f · All other contributions, gifts and grants

    $24,931

  • 3 · Investment income

    total $543,760 · excluded $543,760

  • 7a · Gross sales of assets other than inventory

    securities $1,359,024

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

    securities $912,586

  • 7c · Gain or loss

    securities $446,438

  • 7d · Net gain or loss

    total $446,438 · excluded $446,438

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $521,647 · program services $521,647

  • 11c · Fees: accounting

    total $10,385 · management and general $10,385

  • 11f · Fees: investment management

    total $55,360 · management and general $55,360

  • 11g · Fees: other

    total $8,307 · management and general $8,307

  • 24a · Other expenses: POULTRY SCIENCE DEPT SUPP

    total $200,000 · program services $200,000

  • 24b · Other expenses: NATIONAL FFA PROGRAM SUPP

    total $119,065 · program services $119,065

  • 24c · Other expenses: COLLEGE STUDENT CAREER PR

    total $100,060 · program services $100,060

  • 24d · Other expenses: POULTRY SCIENCE STUDENT

    total $96,234 · program services $96,234

  • 24e · All other expenses

    total $301,249 · program services $279,579 · management and general $21,670

Balance sheet

Part X, book values.

  • 2 · Savings and temporary cash investments

    beginning of year $491,669 · end of year $467,660

  • 11 · Investments: publicly traded securities

    beginning of year $16,044,181 · end of year $17,466,403

  • 15 · Other assets

    beginning of year $3,348

  • 17 · Accounts payable and accrued expenses

    beginning of year $20,418 · end of year $557

  • 18 · Grants payable

    beginning of year $618,001 · end of year $699,292

  • 25 · Other liabilities

    end of year $61,205

  • 27 · Net assets without donor restrictions

    beginning of year $15,900,779 · end of year $17,173,009

Mission and programs · 2022

Mission

THE FOUNDATION'S MISSION IS TO SUPPORT THE RECRUITMENT AND TRAINING OF THE BRIGHTEST STUDENTS, SEEK AND FUND SCIENTIFIC RESEARCH, FOSTER STUDENT SCIENTISTS AND PROMOTE CAREERS IN THE POULTRY AND EGG INDUSTRY.

  • POULTRY SCIENCE DEPARTMENT FUNDING THE USPOULTRY FOUNDATION FUNDS RECRUITMENT AND RETENTION EFFORTS AT COLLEGES AND UNIVERSITIES WITH POULTRY SCIENCE DEPARTMENTS.

    Expenses $200,000

  • INDUSTRY EDUCATION AND RECRUITMENT THE FOUNDATION ADDED THE POULTRY SCIENCE EDUCATION FUND, NOW NAMED INDUSTRY EDUCATION RECRUITMENT FUNDING, UNDER ITS UMBRELLA IN 2004. THE FUND SUPPORTS STUDENT RECRUITMENT AT COLLEGES AND UNIVERSITIES THAT ENCOURAGE CAREERS IN THE POULTRY INDUSTRY. ANY INSTITUTION OF HIGHER EDUCATION IN THE UNITED STATES THAT OFFERS AN IDENTIFIABLE POULTRY PROGRAM OR CAN SHOW PLAUSIBLE WAYS OF CONNECTING STUDENTS WITH THE POULTRY INDUSTRY IS ELIGIBLE TO APPLY FOR A RECRUITMENT GRANT OF UP TO 7,000.

    Expenses $196,294

  • RESEARCH THE DATA GENERATED FROM THE RESEARCH FUNDED BY USPOULTRY AND THE USPOULTRY FOUNDATION PROVIDES INDUSTRY MEMBERS WITH INFORMATION THAT IS NOT ONLY USEFUL IMMEDIATELY BUT ALSO CREATES THE BASE FOR CONDUCTING FUTURE RESEARCH ON TOMORROW'S PROBLEMS. RESEARCH SUMMARIES ARE POSTED ON THE USPOULTRY WEBSITE, WWW.USPOULTRY.ORG, AND PROMOTED IN THE INDUSTRY PRESS.ESTABLISHED IN 1994, THE FOUNDATION HAS CONTRIBUTED MORE THAN 7,360,000 TO PARTICIPATING RESEARCH UNIVERSITIES AND OTHER RESEARCH ORGANIZATIONS FROM IT BEGINNING TO THE YEAR ENDED SEPTEMBER 30, 2022.

    Expenses $584,611 · Grants $584,611

  • CHARLES BEARD RESEARCH EXCELLENCE AWARD THE GOAL OF THIS AWARD IS TO RECOGNIZE OUTSTANDING COMPLETED RESEARCH PROJECTS, FUNDED BY USPOULTRY OR THE USPOULTRY FOUNDATION, WHICH HAVE MADE A SIGNIFICANT POSITIVE IMPACT ON THE POULTRY INDUSTRY. COLLEGE STUDENT CAREER PROGRAM (CSCP) THE COLLEGE STUDENT CAREER PROGRAM IS ONE-OF-A KIND IN THE POULTRY INDUSTRY. THE STUDENTS ELIGIBLE TO PARTICIPATE ARE SENIORS OR GRADUATE STUDENTS FROM A FOUR-YEAR PROGRAM WITH VARIOUS MAJORS. UNDERCLASSMEN SEEKING INTERNSHIPS ARE ALSO ELIGIBLE TO INTERVIEW.

    Expenses $335,680

As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • John Starkey

    PRESIDENT AT

    Total calculated
    $0
    Hours/week
    0.5 + 40 related

  • Barbara Jenkins

    EXECUTIVE DI

    Total calculated
    $0
    Hours/week
    0.5 + 40 related

  • Tommy Bagwell

    MEMBER

    Total calculated
    $0
    Hours/week
    0.5

  • Jonathan Cade

    SECRETARY

    Total calculated
    $0
    Hours/week
    0.5

  • John Glisson

    MEMBER

    Total calculated
    $0
    Hours/week
    0.5

  • Jerry Moye

    MEMBER

    Total calculated
    $0
    Hours/week
    0.5

  • Samuel Pardue

    MEMBER

    Total calculated
    $0
    Hours/week
    0.5

  • Bill Griffith

    MEMBER

    Total calculated
    $0
    Hours/week
    0.5

  • Nath Morris

    PRESIDENT ON

    Total calculated
    $0
    Hours/week
    0.5 + 40 related

  • Michael Levengood

    CHAIRMAN

    Total calculated
    $0
    Hours/week
    0.5

  • Jarod Morrison

    VICE CHAIRMA

    Total calculated
    $0
    Hours/week
    0.5

  • Mikell Fries

    TREASURER

    Total calculated
    $0
    Hours/week
    0.5

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

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.

Provenance

Return type
form_990
Tax year
2022
Filed
2 May 2024
IRS schema version
2022v5.0
Source object
202401569349301120

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.