2025-07-22T16:34:11-05:00 2024-09-30 410746749 CLIFTONLARSONALLEN LLP 475 REGENCY PARK SUITE 175 OFALLON IL 62269 990 2023-10-01 363084945 ANGUS FOUNDATION ANGU 8163835100 3201 FREDERICK AVENUE ST JOSEPH MO 64506 KENNY MILLER SECRETARY 8163835100 2025-07-22 1 1 JEFF PARKER P00970069 6182331200 2025-07-22 2023 2025-03-06 01:10:19Z KENNY MILLER 3201 FREDERICK AVENUE ST JOSEPH MO 64506 2943346 0 X WWW.ANGUSFOUNDATION.ORG X 1980 MO ADVANCEMENT OF EDUCATION, YOUTH, AND RESEARCH ACTIVITIES FOR ANGUS BREED 7 6 2 30 0 0 1122174 747405 0 0 1017242 892861 175960 163413 2315376 1803679 810389 691579 0 0 233809 288866 0 0 250805 380122 456566 1424320 1437011 891056 366668 23912892 27658145 249281 172453 23663611 27485692 THE ANGUS FOUNDATION, THE 501(C)(3) NOT-FOR-PROFIT AFFILIATE OF THE AMERICAN ANGUS ASSOCIATION, SECURES AND STEWARDS CHARITABLE GIFTS TO CULTIVATE AND FOSTER THE ADVANCEMENT OF EDUCATION, YOUTH AND RESEARCH ACTIVITIES BENEFITING THE ANGUS BREED. 0 0 463002 267079 SUPPORT AND SPONSOR THE NATIONAL JUNIOR ANGUS ASSOCIATION, YOUTH BEEF INDUSTRY CONGRESS, YOUNG CATTLEMAN'S CONFERENCE, AND OTHER PROGRAMS AND EVENTS. BEEF ACADEMY IS A NEW, GO-TO RESOURCE FOR BEEF INDUSTRY INFORMATION, TAILORED TO NATIONAL JUNIOR ANGUS ASSOCIATION (NJAA) MEMBERS' NEEDS. 388500 388500 ANNUAL SCHOLARSHIPS ARE AWARDED TO QUALIFYING INDIVIDUALS. 36000 36000 PROVIDE FUNDING FOR RESEARCH PROJECTS TO IDENTIFY POSSIBLE SOLUTIONS TO THE UNIQUE CHALLENGES INCURRED BY AGRICULTURAL INTERESTS, SPECIFICALLY THE BEEF CATTLE INDUSTRY. 887502 1 1 0 0 0 0 0 0 0 1 0 0 0 0 0 1 1 1 0 0 0 0 0 0 1 0 0 1 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 13 0 2 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 7 6 1 0 0 0 1 1 1 1 1 0 0 0 1 1 1 1 0 0 0 0 X KENNETH MILLER 8163835100 3201 FREDERICK AVE SAINT JOSEPH MO 64506 MCCULLY MARK VICE-CHAIR 2.00 40.00 X X 0 392799 41325 MILLER KENNY SECRETARY 2.00 40.00 X X 0 230679 27466 MEAD ALAN CHAIR 0.50 1.00 X X 0 0 0 EGGERS DARLA OUTSIDE REPRESENTATIVE 0.50 0.00 X 0 0 0 GOSSEN LARRY OUTSIDE REPRESENTATIVE 0.50 0.00 X 0 0 0 MCGINNIS TOM OUTSIDE REPRESENTATIVE 0.50 0.00 X 0 0 0 MCCURRY GREG DIRECTOR 0.50 1.00 X 0 0 0 WILSON LORAN B DIRECTOR 0.50 1.00 X 0 0 0 SMITH HENRY DIRECTOR 0.50 1.00 X 0 0 0 UPPERMAN JACLYN EXECUTIVE DIRECTOR 40.00 1.00 X 111345 0 17687 111345 623478 86478 1 0 1 0 0 152817 20000 574588 57573 747405 1096267 1096267 155509 155509 801838 1005244 -203406 -203406 -203406 46943 152817 69528 -22585 -22585 95133 64895 30238 30238 MISCELLANEOUS REVENUE 900099 251 251 251 1803679 0 0 1056274 303079 303079 388500 388500 136879 58249 78630 92004 31734 60270 7652 4494 3158 36213 22017 14196 16118 9838 6280 433 433 30352 30352 47707 47707 16850 16850 5210 76 134 5000 12953 855 9910 2188 9608 9488 120 40200 40200 48882 5453 43429 43208 6683 36525 18442 18442 SPONSORSHIP 177794 177794 LITERATURE 3897 2888 1009 MISCELLANEOUS EXPENSES 1030 348 682 1437011 887502 298704 250805 X 18395 186752 1003627 287265 413412 259350 924 0 34140 119620 32107 25711 22410287 26779447 23912892 27658145 249281 172453 249281 172453 X 4934788 5786323 18728823 21699369 23663611 27485692 23912892 27658145 366668 3455413 0 X X 0 1 X 1 0 X 832412 706314 1400005 1122174 747405 4808310 832412 706314 1400005 1122174 747405 4808310 724630 4083680 878571 1160915 1170558 1163559 1251776 5625379 152309 106649 119780 179495 142327 700560 11134249 0.36680 0.35470 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: SPECIAL EVENT GROSS INCOME - 2019 AMOUNT: $ 104,555. 2020 AMOUNT: $ 77,302. 2021 AMOUNT: $ 67,603. 2022 AMOUNT: $ 126,836. 2023 AMOUNT: $ 46,943. GROSS MERCHANDISE SALES - 2019 AMOUNT: $ 44,404. 2020 AMOUNT: $ 29,347. 2021 AMOUNT: $ 52,177. 2022 AMOUNT: $ 52,659. 2023 AMOUNT: $ 95,133. MISCELLANEOUS - 2019 AMOUNT: $ 3,350. 2023 AMOUNT: $ 251. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 18182071 297826 3296957 574359 21202495 17212185 419860 1166733 616707 18182071 20273565 382619 -2887410 556589 17212185 19098505 51912 1508499 385351 20273565 17647431 531795 1200280 281001 19098505 0.19190 0.64368 0.16442 1 0 0 X 1890395 134423 134423 1755972 47707 47707 1803679 1523727 134423 134423 1389304 47707 47707 1437011 PART V, LINE 4: THE FOUNDATION'S ENDOWMENTS CONSIST OF VARIOUS FUNDS ESTABLISHED TO SUPPORT A VARIETY OF SCHOLARSHIPS AND PROGRAMS. PART X, LINE 2: THE FOUNDATION IS A NONPROFIT ORGANIZATION THAT IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (IRC), AND IS NOT CONSIDERED TO BE A PRIVATE FOUNDATION. THEREFORE, NO INCOME OR EXCISE TAXES HAVE BEEN PROVIDED IN THE FINANCIAL STATEMENTS. THE FOUNDATION FOLLOWS THE STANDARD FOR EVALUATING UNCERTAIN TAX POSITIONS AND HAS DETERMINED NO LIABILITY SHOULD BE RECORDED FOR UNCERTAIN TAX POSITIONS. PART XI, LINE 2D - OTHER ADJUSTMENTS: EXPENSES ALLOCATED TO COST OF GOODS SOLD 64,895. SPECIAL EVENT EXPENSE 69,528. PART XII, LINE 2D - OTHER ADJUSTMENTS: EXPENSES ALLOCATED TO COST OF GOODS SOLD 64,895. SPECIAL EVENT EXPENSE 69,528. PREGNANCY EVENT 120000 90000 30000 30000 JUNIOR SHOW AUCTION 29658 15915 13743 13743 840 4 50102 46902 3200 3200 21745 199760 152817 46943 46943 22585 69528 -22585 1 AMERICAN ANGUS ASSOCIATION 3201 FREDERICK AVENUE ST JOSEPH MO 64506 440605539 501(C)(5) 267079 0 N/A GENERAL SUPPORT COLORADO STATE UNIVERSITY 711 OVAL DRIVE FORT COLLINS CO 80523 846000545 GOV 36000 0 N/A APPLIED RESEARCH 1 1 SCHOLARSHIPS 139 388500 N/A N/A PART I, LINE 2: ALL GRANTS TO ORGANIZATIONS ARE EITHER TO UNIVERSITY'S FOR THE SPECIFIC PURPOSE OF SUPPORTING RESEARCH RELATED TO THE ANGUS BREED OR TO A RELATED TAX-EXEMPT ORGANIZATION. THE FOUNDATION IS ABLE TO MONITOR THE USE OF THE GRANT FUNDS BASED ON PUBLISHED RESEARCH FROM THE UNIVERSITY'S THE FUNDS ARE PROVIDED TOO. FUNDS PROVIDED TO THE RELATED ORGANIZATION THAT IS UNDER COMMON CONTROL AND ARE USED FOR A SPECIFIC PURPOSE. THE FOUNDATION HAS A SCHOLARSHIP COMMITTEE THAT APPROVES AND AWARDS SCHOLARSHIPS. THE CRITERIA FOR AWARDING SCHOLARSHIPS IS PUBLISHED AND MADE AVAILABLE ON THE FOUNDATION WEBSITE. THE SUPPORT FOR SCHOLARSHIPS INCLUDES ACTIONS OF THE SCHOLARSHIP COMMITTEE. IN MOST CASES SCHOLARSHIP AWARDS ARE MADE DIRECTLY TO THE INSTITUTION THAT THE AWARD WINNER IS ATTENDING. THE GRANT PROGRAM HAS SIMILAR OVERSIGHT. X 1 1 X 0 0 0 0 0 0 0 0 0 MCCULLY MARK VICE-CHAIR 0 281852 0 80000 0 30947 0 33000 0 8325 0 434124 0 0 MILLER KENNY SECRETARY 0 172288 0 35000 0 23391 0 23381 0 4085 0 258145 0 0 PART I, LINE 1A THE FOUNDATION PROVIDES TRAVEL REIMBURSEMENTS FOR TRAVEL OF SPOUSES TO BOARD MEETINGS. X AUCTION ITEMS 71 56873 FAIR VALUE ESTIMATE X OTHER MISC. 2 700 FAIR VALUE ESTIMATE 0 0 1 0 PART I, COLUMN (B): REPRESENTS NUMBER OF CONTRIBUTORS. FORM 990, PART VI, SECTION A, LINE 2 BY VIRTUE OF THE NATURE OF THE ORGANIZATION, MEMBERS OF THE BOARD OF DIRECTORS HAVE ONGOING BUSINESS RELATIONSHIPS AND DEALINGS WITH ONE ANOTHER. ALL MEMBERS OF THE BOARD OF DIRECTORS REGISTER CATTLE WITH THE AMERICAN ANGUS ASSOCIATION. INTERNAL CONTROLS ARE IN PLACE DESIGNED TO IDENTIFY AND ELIMINATE ANY INAPPROPRIATE ACTIVITY IN THE UNLIKELY EVENT THAT IT WOULD TAKE PLACE. FORM 990, PART VI, SECTION A, LINE 6 AMERICAN ANGUS ASSOCIATION, A RELATED 501(C)(5) EXEMPT ORGANIZATION, IS THE SOLE MEMBER OF THE FOUNDATION AND NO OTHER ENTITY OR PERSON SHALL BE QUALIFIED AND ADMITTED AS A MEMBER OF THE FOUNDATION. FORM 990, PART VI, SECTION A, LINE 7A DIRECTORS OF ANGUS FOUNDATION ARE ELECTED BY THE PARENT COMPANY (AMERICAN ANGUS ASSOCIATION) BOARD. FORM 990, PART VI, SECTION A, LINE 7B THE SOLE MEMBER OF THE FOUNDATION MAY ALTER, AMEND OR REPEAL THE BY-LAWS OF THE FOUNDATION. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY AN INDEPENDENT ACCOUNTING FIRM THEN REVIEWED IN DETAIL BY SENIOR MANAGEMENT. FORM 990, PART VI, SECTION B, LINE 12C THERE IS A CONFLICT OF INTEREST POLICY IN PLACE FOR BOARD MEMBERS AND FOR EMPLOYEES. ALL BOARD MEMBERS AND EMPLOYEES ARE REQUIRED TO ANNUALLY SIGN A CONFLICT OF INTEREST POLICY. TO ENSURE COMPLIANCE WITH THIS REQUIREMENT, EVERY YEAR IT IS AN AGENDA ITEM AT THE SEPTEMBER BOARD MEETING. IN ORDER TO REGULARLY AND CONSISTENTLY MONITOR AND ENFORCE COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY THE FOUNDATION REQUIRES ANY POTENTIAL CONFLICT BE SELF-REPORTED THROUGHOUT THE YEAR. LEGAL COUNCIL IS PRESENT AT BOARD MEETINGS AND THEY ARE RESPONSIBLE FOR DETERMINING WHETHER A POTENTIAL CONFLICT IS AN ACTUAL CONFLICT, SUBJECT TO THE APPROVAL OF THE NON-CONFLICTED BOARD MEMBERS. LEGAL COUNCIL WILL ALSO MAKE RECOMMENDATIONS TO THE BOARD FOR APPROPRIATE ACTION REGARDING THE MEMBER IN CONFLICT; INCLUDING BUT NOT LIMITED TO RECUSAL FROM VOTING AND/OR DISCUSSION RELATED TO THE MATTER IN CONFLICT. FORM 990, PART VI, SECTION B, LINE 15 THE EXECUTIVE DIRECTOR DETERMINES THE SALARIES OF OTHER EMPLOYEES, BUT THE COMPENSATION COMMITTEE ALSO HAS THE AUTHORITY TO REVIEW ALL EMPLOYEE COMPENSATION PACKAGES AT AND ABOVE THE MANAGEMENT LEVEL. THE CEO OF THE ASSOCIATION, VICE-CHAIR OF THE ANGUS FOUNDATION BOARD, DECIDES UPON THE SALARY OF THE EXECUTIVE DIRECTOR OF THE FOUNDATION. COMPARABILITY DATA WAS NOT COMPILED DURING THE 2023 TAX YEAR. FORM 990, PART VI, SECTION C, LINE 19 THE FOUNDATION MAKES ANNUAL FINANCIAL INFORMATION AND HISTORICAL GOVERNING DOCUMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XII, LINE 2C: NO CHANGE FROM PRIOR YEAR. AMERICAN ANGUS ASSOCIATION 3201 FREDERICK AVENUE ST JOSEPH MO 64506 440605539 PROMOTE ANGUS BREED MO 501(C)(5) N/A 0 ANGUS PRODUCTIONS INC 3201 FREDERICK AVENUE ST JOSEPH MO 64506 431170802 JOURNAL PUBLICATION MO N/A C 0 ANGUS GENETICS INC 3201 FREDERICK AVENUE ST JOSEPH MO 64506 260588448 GENETIC RESEARCH MO N/A C 0 0 0 1 0 0 0 0 0 0 0 1 0 0 1 1 1 0 0 0