Attach to Form 990 or Form 990-EZ.
Go to
www.irs.gov/Form990 for instructions and the latest information.
| (i) Name of supported organization | (ii) EIN | (iii) Type of organization (described on lines 1- 10 above (see instructions)) | (iv) Is the organization listed in your governing document? | (v) Amount of monetary support (see instructions) | (vi) Amount of other support (see instructions) | |
|---|---|---|---|---|---|---|
| Yes | No | |||||
|
Total |
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Calendar year
(or fiscal year beginning in)
![]() |
(a) 2019 | (b) 2020 | (c) 2021 | (d) 2022 | (e) 2023 | (f) Total | |
|---|---|---|---|---|---|---|---|
| 1 | Gifts, grants, contributions, and membership fees received. (Do not include any "unusual grant.") .. | 496,507 | 372,969 | 206,685 | 265,450 | 477,119 | 1,818,730 |
| 2 | Tax revenues levied for the organization's benefit and either paid to or expended on its behalf .... | ||||||
| 3 | The value of services or facilities furnished by a governmental unit to the organization without charge.. | ||||||
| 4 | Total. Add lines 1 through 3 | 496,507 | 372,969 | 206,685 | 265,450 | 477,119 | 1,818,730 |
| 5 | The portion of total contributions by each person (other than a governmental unit or publicly supported organization) included on line 1 that exceeds 2% of the amount shown on line 11, column (f) .. | 99,276 | |||||
| 6 | Public support. Subtract line 5 from line 4. | 1,719,454 | |||||
Calendar year
(or fiscal year beginning in)
![]() |
(a) 2019 | (b) 2020 | (c) 2021 | (d) 2022 | (e) 2023 | (f) Total | |
|---|---|---|---|---|---|---|---|
| 7 | Amounts from line 4.. | 496,507 | 372,969 | 206,685 | 265,450 | 477,119 | 1,818,730 |
| 8 | Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources... | 27,097 | 38,529 | 89,368 | 23,245 | 25,781 | 204,020 |
| 9 | Net income from unrelated business activities, whether or not the business is regularly carried on.. | ||||||
| 10 | Other income. Do not include gain or loss from the sale of capital assets (Explain in Part VI.).. | 1,951 | 2,500 | 4,451 | |||
| 11 | Total support. Add lines 7 through 10 | 2,042,798 | |||||
Calendar year (or fiscal
year beginning in) ![]() |
(a) 2019 | (b) 2020 | (c) 2021 | (d) 2022 | (e) 2023 | (f) Total | |
|---|---|---|---|---|---|---|---|
| 1 | Gifts, grants, contributions, and membership fees received. (Do not include any "unusual grants.") . | ||||||
| 2 | Gross receipts from admissions, merchandise sold or services performed, or facilities furnished in any activity that is related to the organization's tax-exempt purpose | ||||||
| 3 | Gross receipts from activities that are not an unrelated trade or business under section 513 ..... | ||||||
| 4 | Tax revenues levied for the organization's benefit and either paid to or expended on its behalf... | ||||||
| 5 | The value of services or facilities furnished by a governmental unit to the organization without charge | ||||||
| 6 | Total. Add lines 1 through 5 | ||||||
| 7a | Amounts included on lines 1, 2, and 3 received from disqualified persons | ||||||
| b | Amounts included on lines 2 and 3 received from other than disqualified persons that exceed the greater of $5,000 or 1% of the amount on line 13 for the year. | ||||||
| c | Add lines 7a and 7b.. | ||||||
| 8 | Public support. (Subtract line 7c from line 6.) | ||||||
Calendar year
(or fiscal year beginning in)
![]() |
(a) 2019 | (b) 2020 | (c) 2021 | (d) 2022 | (e) 2023 | (f) Total | |
|---|---|---|---|---|---|---|---|
| 9 | Amounts from line 6... | ||||||
| 10a | Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources.. | ||||||
| b | Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975. | ||||||
| c | Add lines 10a and 10b. | ||||||
| 11 | Net income from unrelated business activities not included on line 10b, whether or not the business is regularly carried on. | ||||||
| 12 | Other income. Do not include gain or loss from the sale of capital assets (Explain in Part VI.) .. | ||||||
| 13 | Total support. (Add lines 9, 10c, 11, and 12.).. | ||||||
| Section A - Adjusted Net Income | (A) Prior Year |
(B) Current Year (optional) |
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| 1 | Net short-term capital gain | 1 | ||||
| 2 | Recoveries of prior-year distributions | 2 | ||||
| 3 | Other gross income (see instructions) | 3 | ||||
| 4 | Add lines 1 through 3 | 4 | ||||
| 5 | Depreciation and depletion | 5 | ||||
| 6 | Portion of operating expenses paid or incurred for production or collection of gross income or for management, conservation, or maintenance of property held for production of income (see instructions) | 6 | ||||
| 7 | Other expenses (see instructions) | 7 | ||||
| 8 | Adjusted Net Income (subtract lines 5, 6 and 7 from line 4) | 8 | ||||
| Section B - Minimum Asset Amount | (A) Prior Year |
(B) Current Year (optional) |
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| 1 | Aggregate fair market value of all non-exempt-use assets (see instructions for short tax year or assets held for part of year): | 1 | ||||
| a | Average monthly value of securities | 1a | ||||
| b | Average monthly cash balances | 1b | ||||
| c | Fair market value of other non-exempt-use assets | 1c | ||||
| d | Total (add lines 1a, 1b, and 1c) | 1d | ||||
| e |
Discount claimed for blockage or other factors (explain in detail in Part VI): |
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| 2 | Acquisition indebtedness applicable to non-exempt use assets | 2 | ||||
| 3 | Subtract line 2 from line 1d | 3 | ||||
| 4 | Cash deemed held for exempt use. Enter 0.015 of line 3 (for greater amount, see instructions). | 4 | ||||
| 5 | Net value of non-exempt-use assets (subtract line 4 from line 3) | 5 | ||||
| 6 | Multiply line 5 by 0.035 | 6 | ||||
| 7 | Recoveries of prior-year distributions | 7 | ||||
| 8 | Minimum Asset Amount (add line 7 to line 6) | 8 | ||||
| Section C - Distributable Amount | Current Year | |||||
| 1 | Adjusted net income for prior year (from Section A, line 8, Column A) | 1 | ||||
| 2 | Enter 85% of line 1 | 2 | ||||
| 3 | Minimum asset amount for prior year (from Section B, line 8, Column A) | 3 | ||||
| 4 | Enter greater of line 2 or line 3 | 4 | ||||
| 5 | Income tax imposed in prior year | 5 | ||||
| 6 | Distributable Amount. Subtract line 5 from line 4, unless subject to emergency temporary reduction (see instructions) | 6 | ||||
| Section D - Distributions | Current Year | |
|---|---|---|
| 1 Amounts paid to supported organizations to accomplish exempt purposes | 1 | |
|
2
Amounts paid to perform activity that directly furthers exempt purposes of supported organizations, in excess of income from activity |
2 | |
| 3 Administrative expenses paid to accomplish exempt purposes of supported organizations | 3 | |
| 4 Amounts paid to acquire exempt-use assets | 4 | |
| 5 Qualified set-aside amounts (prior IRS approval required - provide details in Part VI) | 5 | |
| 6 Other distributions (describe in Part VI). See instructions | 6 | |
| 7Total annual distributions. Add lines 1 through 6. | 7 | |
|
8
Distributions to attentive supported organizations to which the organization is responsive (provide details in Part VI). See instructions |
8 | |
| 9 Distributable amount for 2023 from Section C, line 6 | 9 | |
| 10 Line 8 amount divided by Line 9 amount | 10 | |
| Section E - Distribution Allocations (see instructions) |
(i) Excess Distributions |
(ii) Underdistributions Pre-2023 |
(iii) Distributable Amount for 2023 |
|
|---|---|---|---|---|
| 1 Distributable amount for 2023 from Section C, line 6 | ||||
|
2
Underdistributions, if any, for years prior to 2023 (reasonable cause required-- explain in Part VI).
See instructions. |
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| 3 Excess distributions carryover, if any, to 2023: | ||||
| a From 2018....... | ||||
| b From 2019....... | ||||
| c From 2020....... | ||||
| d From 2021....... | ||||
| e From 2022....... | ||||
| fTotal of lines 3a through e | ||||
| g Applied to underdistributions of prior years | ||||
| h Applied to 2023 distributable amount | ||||
|
i
Carryover from 2018 not applied (see instructions) |
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| j Remainder. Subtract lines 3g, 3h, and 3i from line 3f. | ||||
| 4Distributions for 2023 from Section D, line 7: | ||||
| $ | ||||
| a Applied to underdistributions of prior years | ||||
| b Applied to 2023 distributable amount | ||||
| c Remainder. Subtract lines 4a and 4b from line 4. | ||||
|
5
Remaining underdistributions for years prior to 2023, if any. Subtract lines 3g and 4a from line 2. If the amount is greater than zero, explain in Part VI. See instructions. |
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|
6
Remaining underdistributions for 2023. Subtract lines 3h and 4b from line 1. If the amount is greater than zero, explain in Part VI. See instructions. |
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7 Excess distributions carryover to 2024. Add lines 3j and 4c. |
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| 8 Breakdown of line 7: | ||||
| a Excess from 2019..... | ||||
| b Excess from 2020..... | ||||
| c Excess from 2021..... | ||||
| d Excess from 2022..... | ||||
| e Excess from 2023..... | ||||
| Facts And Circumstances Test |
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| Return Reference | Explanation |
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| Software ID: | 23017659 |
| Software Version: | 23.1.0.0 |
| Return Reference | Explanation |
|---|---|
| Form 990, Part III, Line 4a | First Accomplishment The recipients of these grants and contributions used the funds to develop and implement programs that generally benefited more than 30,000 people across the state of Kansas through direct communication and personal involvement with the information and educational aspects of these programs. |
| Form 990, Part III, Line 4a | The Kansas Farm Bureau Foundation raises funds and provides grants and scholarships for programs and projects designed to help improve agriculture and the quality of life in rural Kansas. The three significant program services are scholarships to college students, end hunger grants to communities, and agriculture education activities. |
| Form 990, Part III, Line 4a | Scholarships to college students play a vital role in empowering young individuals to pursue higher education. By providing financial support, these scholarships enable students to access quality education and unlock their full potential. End Hunger grants address the pressing issue of food insecurities in communities. Through strategic partnerships and initiatives, organizations can make a tangible impact by supporting programs that provide meals and resources to those in need. These grants contribute towards building stronger and more resilient communities. Agriculture education activities are crucial for fostering sustainable farming practices and promoting agricultural innovation. By investing in educational programs, organizations can equip individuals with the knowledge and skills needed to thrive in the agricultural sector. This not only benefits farmers but also contributes towards ensuring food security on a larger scale. |
| Form 990, Part I, Line 12c | Enforcement of Conflicts Policy All Officers, Directors, Trustees and key employees will annually disclose or update to the President of the Board of Directors on a form provided by the organization, their interests that could give rise to conflicts of interest. The interests include, but are not limited to, a list of family members, substantial business or investment holdings, and other transactions or affiliations with businesses and other organizations or those of family members. For each interest disclosed to the President, the President will determine whether to A take no action B assure full disclosure to the Board of Directors and other individuals covered by the policy C ask the person to excuse themselves from participation in related discussions or decisions within the organization or D ask the person to resign from his or her position in the organization. If the person refuses to resign, he/she would become subject to possible removal in accordance with the organizations removal procedures. The organizations CEO/General Counsel will monitor proposals or ongoing transactions for conflicts or interest and disclose them to the President in order to deal with potential or actual conflicts, whether discovered before or after the transaction has occurred. |
| Form 990, Part VI, Line 15a | Compensation Process for Top Official The President and CEO/General Counsel of Kansas Farm Bureau are covered by the policy on the process for evaluating performance and determining compensation. Evaluation and Goal Setting Each August the Executive Committee of the Board will meet with each member of the Leadership Team to review prior performance and develop goals for the coming year. Said goals will be reduced to writing and agreed to by both the Leadership Team member and the Executive Committee of the Board. The document will be submitted for approval by the entire KFB Board. Quarterly Review At a quarterly meeting of the Executive Committee of the Board, goals and progress will be reviewed. This meeting will facilitate open dialogue between members of the Leadership Team and the Board through the Executive Committee. Any issues or areas of concern may be shared with the entire Board. Evaluation and Future Goal Settings The following August, the Executive Committee of the Board evaluates the Leadership Team and gives the summaries to the Vice President of the Board for presentation to the full Board for informational purposes. During this evaluation process the Leadership Team and the Executive Committee will assess and develop goals for the coming year. Salary Following discussion of annual goals and progress, the Executive Committee reviews and develops a salary recommendation for presentation to the full Board for approval and presentation to members of the Leadership Team. Use of Survey Data Human Resources is responsible for using survey data of comparable positions for the evaluation of the market ranges for the Kansas Farm Bureau Leadership Team Members. Note There is no published survey data available for the President of Kansas Farm Bureau. There are no conflicts of interests that exist with the person that reviews the data and makes the market range recommendation to the Board or a Committee of the Board. Review of Salary and Market Ranges The Executive Committee of the Board reviews current salaries and the upcoming years market ranges. Recommendation of Salary The Executive Committee reports to the full Board on salaries for the President CEO/General Counsel for the upcoming year. NOTE Presidents compensation includes base pay, incentive compensation both determined by the Executive Committee and approved by the full Board and pass-through per diems paid by outside organizations. |
| Form 990, Part VI, Line 15b | Compensation Process of Officers Performance evaluations are conducted annually by the direct manager of the Officers/Key Employees and provided to the CEO for compensation consideration. Compensation is evaluated according to performance and position within a market range. The market range is established from surveys conducted for similar positions within the same industry, company size and non-profit status when possible comparables exist. The market ranges represent a 50 spread from the minimum to the maximum of the range and are evaluated annually. If the market shows an increase of more than 5, the increase in the ranges are capped at two times the annual salary budgeted increase. If the market shows less than a 5 increase or a market decrease, the ranges remain the same for the upcoming year. In addition to base compensation, these positions are also eligible for incentive compensation, paid according to the employees performance and the financial health of the organization. |
| Form 990, Part VI, Line 19 | Governing Documents Disclosure Explanation Kansas Farm Bureau Foundation does not currently make its governing documents, conflicts of interest policy, or financial statements available to the general public, other than by request. |
| Software ID: | 23017659 |
| Software Version: | 23.1.0.0 |