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Nonprofit · EIN 81-0945517

FARM CREDIT FOUNDATION FOR AGRICULTURAL ADVANCEMENT

Tax-exempt · WESTMINSTER, MD 21157

Financials

$271K$444K2023$549K$504K2024
Revenue Expenses · by fiscal year end
Financials of FARM CREDIT FOUNDATION FOR AGRICULTURAL ADVANCEMENT by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-PF$548,848$503,838$45,010$7,730,046$0$7,730,046
December 31, 2023990-PF$271,282$444,276-$172,994$7,690,036$0$7,690,036
Financial details: 990-PF for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Dividends
$118,507
Interest
$98,578
Net gain from sales of assets
$331,763

Expenses

Grants and similar amounts paid
$390,000
Compensation of officers, directors and key employees
$20,974
Disbursements for charitable purposes
$436,987
Excise tax on investment income
$6,884

Balance sheet and other

Total assets, start of year
$7,690,036
Total assets, end of year
$7,730,046
Total liabilities, end of year
$0
Net assets, end of year
$7,730,046
Fair market value of assets
$9,554,943
Qualifying distributions
$436,987
Net investment income
$548,848

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990-PF for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
JOHN WHEELER
45 AILERON COURT, WESTMINSTER, MD 21157
SECRETARY/TREASURER8$5,796
GAIL YEISER
45 AILERON COURT, WESTMINSTER, MD 21157
OFFICER2$3,758
DARRELL CURTIS
45 AILERON COURT, WESTMINSTER, MD 21157
OFFICER2$3,387
TRAVIS HASTINGS
45 AILERON COURT, WESTMINSTER, MD 21157
CHAIRPERSON2$2,349
JULIE BOLYARD
45 AILERON COURT, WESTMINSTER, MD 21157
OFFICER2$2,014
KEVIN GRIM
45 AILERON COURT, WESTMINSTER, MD 21157
OFFICER2$1,746
SHARON MCCLELLAN
45 AILERON COURT, WESTMINSTER, MD 21157
OFFICER (FROM 7/2024)2$1,106
LAURA HEILINGER
45 AILERON COURT, WESTMINSTER, MD 21157
OFFICER (UNTIL 6/2024)2$818
BRIAN ROSATI
45 AILERON COURT, WESTMINSTER, MD 21157
HFC EMPLOYEE/VICE CHAIR2$0
990-PF for the year ended December 31, 2023: 10 people
NameTitleHours / weekCompensation
JOHN WHEELER
45 AILERON COURT, WESTMINSTER, MD 21157
SECRETARY/TREASURER8$6,392
GAIL YEISER
45 AILERON COURT, WESTMINSTER, MD 21157
OFFICER2$3,028
DARRELL CURTIS
45 AILERON COURT, WESTMINSTER, MD 21157
OFFICER2$2,681
TRAVIS HASTINGS
45 AILERON COURT, WESTMINSTER, MD 21157
CHAIRPERSON2$1,608
LAURA HEILINGER
45 AILERON COURT, WESTMINSTER, MD 21157
OFFICER2$1,602
KEVIN GRIM
45 AILERON COURT, WESTMINSTER, MD 21157
OFFICER2$1,420
JULIE BOLYARD
45 AILERON COURT, WESTMINSTER, MD 21157
OFFICER2$1,073
CHARLES WRIGHT IV
45 AILERON COURT, WESTMINSTER, MD 21157
OFFICER2$325
BRIAN ROSATI
45 AILERON COURT, WESTMINSTER, MD 21157
HFC EMPLOYEE/VICE CHAIR2$0
KURT FUCHS
45 AILERON COURT, WESTMINSTER, MD 21157
HFC EMPLOYEE/ OFFICER2$0

Address and contacts

Address (IRS master file)
45 AILERON CT, WESTMINSTER, MD 21157-3022
In care of
% BRIAN ROSATI
Signed the 990-PF
BRIAN ROSATI, VICE CHAIR
Phone
(888) 339-3334
Return prepared by
KPMG LLP

What it must file and when

IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990-PF on file
2023December 31, 2023May 15, 2024990-PF on file

IRS record

EIN
81-0945517
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Private non-operating foundation
Donations deductible (Pub 78)
Private foundation, 30% limit
Exempt since
2016
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$7,730,046
Income (IRS master file)
$2,111,417

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2024$548,848$503,838$7,730,046XML
990-PFDecember 2023$271,282$444,276$7,690,036XML
990-PFDecember 2022–––IRS
990-PFDecember 2021–––IRS
990-PFDecember 2020–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 81-0945517).

Questions about FARM CREDIT FOUNDATION FOR AGRICULTURAL ADVANCEMENT

What is the EIN of FARM CREDIT FOUNDATION FOR AGRICULTURAL ADVANCEMENT?
The employer identification number (EIN) of FARM CREDIT FOUNDATION FOR AGRICULTURAL ADVANCEMENT is 81-0945517.
Is FARM CREDIT FOUNDATION FOR AGRICULTURAL ADVANCEMENT tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2016.
Are donations to FARM CREDIT FOUNDATION FOR AGRICULTURAL ADVANCEMENT tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does FARM CREDIT FOUNDATION FOR AGRICULTURAL ADVANCEMENT file?
Form 990-PF. Private foundations file every year.
When is the next return of FARM CREDIT FOUNDATION FOR AGRICULTURAL ADVANCEMENT due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did FARM CREDIT FOUNDATION FOR AGRICULTURAL ADVANCEMENT last file with the IRS?
The latest return in the IRS public files is the 990-PF for the year ended December 2024.
Who are the officers and directors of FARM CREDIT FOUNDATION FOR AGRICULTURAL ADVANCEMENT?
The 990-PF for the year ended December 31, 2024 lists 9 people; 8 received compensation from the organization, the highest $5,796 (JOHN WHEELER, SECRETARY/TREASURER).
How much revenue does FARM CREDIT FOUNDATION FOR AGRICULTURAL ADVANCEMENT have?
On its 990-PF for the year ended December 31, 2024 it reported revenue of $548,848, expenses of $503,838 and total assets of $7,730,046 at year end.

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