2025-06-27T10:44:17-05:00 2024-12-31 331498605 PLANTE & MORAN PLLC 10 S RIVERSIDE PLAZA 9TH FLOOR CHICAGO IL 60606 990 2024-01-01 270200380 MICHIGAN FOUNDATION FOR AGRICULTURE MICH 5173237000 PO BOX 30960 LANSING MI 48909 THOMAS L NUGENT TREASURER/CFO 5173237000 2025-06-26 1 1 DAVID LOWENTHAL P00378651 3122071040 2025-06-26 2024 2025-03-06 01:10:19Z THOMAS L NUGENT PO BOX 30960 LANSING MI 48909 14356283 0 X N/A X 2009 MI RECEIVE AND ADMINISTER FUNDS TO SUPPORT THE EDUCATIONAL AND CHARITABLE ACTIVITIES OF MICHIGAN FARM BUREAU. 17 16 0 47 0 0 7154274 7489900 0 0 47068 55788 16022 3911 7217364 7549599 6969325 7070766 0 0 0 0 0 0 0 360249 328924 7329574 7399690 -112210 149909 584148 742834 59330 68107 524818 674727 X RECEIVE AND ADMINISTER FUNDS TO SUPPORT THE EDUCATIONAL AND CHARITABLE ACTIVITIES OF MICHIGAN FARM BUREAU. 0 0 6873368 6873368 TO RECEIVE AND ADMINISTER FUNDS FOR THE MFB GRANT. THE MFB GRANT PROMOTES SUPPORT OF CERTAIN EDUCATIONAL AND CHARITABLE ACTIVITIES OF THE MICHIGAN FARM BUREAU. THIS GRANT INCLUDES SUPPORT OF SEVERAL PROGRAMS, INCLUDING: PROMOTION AND EDUCATION DEPARTMENT, YOUNG FARMER DEPARTMENT, FARM SCIENCE PROGRAMMING, FIELD OPERATIONS AND OTHER EDUCATIONAL EVENTS. THE GOAL FOR PROMOTION AND EDUCATION IN MICHIGAN IS TO EDUCATE THE PUBLIC ABOUT AGRICULTURE AND KEEP FARMERS INFORMED ABOUT AGRICULTURAL ISSUES. THE YOUNG FARMER DEVELOPMENT PROGRAM IS A TARGETED PROGRAM FOR FARMER MEMBERS BETWEEN THE AGES OF 18 AND 35 INTERESTED IN LEADERSHIP. FARM SCIENCE PROGRAMMING INCLUDES 40-FOOT MOBILE CLASSROOMS EQUIPPED WITH EDUCATIONAL STATIONS AND TOOLED WITH STEM BASED LESSONS THAT MEET NEXT GENERATION SCIENCE STANDARDS TO INCREASE AG AWARENESS. FARM SCIENCE PROGRAMMING ALSO INCLUDES A VAN EQUIPPED WITH STEM BASED LESSONS THAT MEET NEXT GENERATION SCIENCE STANDARDS TO INCREASE AG AWARENESS THROUGH CLASSROOM-BASED LESSONS. FIELD OPERATIONS IMPACTS REGIONAL AND COUNTY LEVEL DEVELOPMENT WITH PROGRAMS SUCH AS THE COUNTY LEADERSHIP CONFERENCE. OTHER EDUCATIONAL EVENTS INCLUDE DIRECT EXPENSE SUPPORT FOR AGRICULTURAL ECOLOGY SEMINARS. 312605 197398 AGENT CHARITABLE FUND: THE AGENT CHARITABLE FUND IS A DONOR ADVISED FUND FORMED BY FARM BUREAU INSURANCE AGENTS WITH A GOAL TO END HUNGER IN MICHIGAN AND FURTHER CARRY OUT THE CHARITABLE PURPOSES OF THE MICHIGAN FOUNDATION FOR AGRICULTURE. 7185973 1 1 0 0 0 1 0 0 0 1 0 0 0 0 1 0 1 0 0 0 0 0 0 0 1 0 0 1 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 1 1 0 1 6 0 1 0 0 0 0 0 0 1 1 0 0 0 0 0 0 X 17 16 0 0 0 0 0 1 0 1 1 0 0 0 1 1 1 1 1 1 1 0 MI X PAULA DROSTE 5176795426 7373 W SAGINAW HWY LANSING MI 48917 CARL BEDNARSKI PRESIDENT 0.19 39.81 X X 0 369814 43080 MICHAEL FUSILIER DIRECTOR 0.19 10.85 X 0 40136 0 MICHAEL DERUITER VICE PRESIDENT 0.19 8.90 X 0 36686 0 LEONA DANIELS DIRECTOR 0.00 9.71 X 0 35636 0 STEPHANIE SCHAFER DIRECTOR 0.19 9.52 X 0 36736 0 BEN LACROSS DIRECTOR 0.19 10.52 X 0 35286 0 DAVID BAHRMAN DIRECTOR 0.19 5.23 X 0 27886 0 JENNIFER LEWIS DIRECTOR 0.19 8.33 X 0 34336 0 PAUL PRIDGEON DIRECTOR 0.19 8.88 X 0 34786 0 PATRICK MCGUIRE DIRECTOR 0.19 9.97 X 0 40136 0 JEFF SANDBORN DIRECTOR 0.19 3.54 X 0 25286 0 TRAVIS FAHLEY DIRECTOR - PART YEAR 0.19 0.89 X 0 19986 0 MICHAEL MULDERS DIRECTOR 0.19 9.52 X 0 37036 0 JESS ERLER DIRECTOR P&E CHAIR - PART YEAR 0.19 1.69 X 0 3986 0 ABE PASCH DIRECTOR 0.00 6.17 X 0 30986 0 ABBY VITTORE DIRECTOR YF CHAIR - PART YEAR 0.19 3.44 X 0 9136 0 LARRY WALTON DIRECTOR 0.00 2.38 X 0 22636 0 RILEY BRAZO DIRECTOR YF CHAIR 0.00 0.00 X 0 53 0 ALYSA SANFORD DIRECTOR P&E CHAIR 0.00 0.00 X 0 53 0 MIKE NOLL DIRECTOR 0.00 0.11 X 0 53 0 ANDREW J KOK SECR AND GEN COUNSEL 2.19 37.81 X 0 482375 56022 TOM NUGENT TREASURER, CFO & HUMAN RES. DIR. 1.00 39.00 X 0 380323 62693 MICHELLE REYNAERT CHIEF OPERATING OFFICER 1.20 38.80 X 0 112781 1165 SCOTT PIGGOTT CHIEF EXECUTIVE OFFICER-END 1/4/24 0.00 0.00 X 0 323164 47952 0 2139292 210912 0 0 1 0 0 90919 6835446 563535 6781464 7489900 63042 63042 6741746 6749000 -7254 -7254 -7254 61595 90919 57684 3911 3911 7549599 0 0 59699 7070766 7070766 234000 73209 160791 1958 1958 43973 16705 27268 705 98 607 12160 6464 5696 9739 5680 4059 15802 4411 11391 4202 2255 1947 6385 6385 7399690 7185973 213717 0 385076 648058 197779 62920 1293 31856 584148 742834 53473 2760 62500 5857 2847 59330 68107 X 0 132245 524818 542482 524818 674727 584148 742834 149909 0 X 0 1 X 1 0 X X X 1 MICHIGAN FARM BUREAU 381718391 10 1 6869608 0 1 6869608 0 1 0 1 1 1 0 0 1 0 0 0 0 0 0 0 0 0 1 0 PART IV, SECTION A, LINE 3B THE ORGANIZATION'S INTERNAL AUDIT DEPARTMENT HAS REVIEWED THE INDEPENDENTLY AUDITED FINANCIAL REPORTS OF THE SUPPORTED ORGANIZATION AND CONFIRMS THAT IT QUALIFIED AS A 501(C)(5) ORGANIZATION AND THAT IT MEETS THE 509(A)(2) PUBLIC SUPPORT TEST. PART IV, SECTION A, LINE 3C THE ORGANIZATION'S BOARD OF DIRECTORS AND ADMINISTRATIVE PERSONNEL REVIEW GRANTS PRIOR TO BEING APPROVED TO ENSURE THAT FUNDS ARE USED FOR CHARITABLE PURPOSES UNDER 170(C)(2)(B). PART IV, SECTION A, LINE 6 MICHIGAN FOUNDATION FOR AGRICULTURE PROVIDED SUPPORT TO OTHER ORGANIZATIONS. THE SUPPORT PROVIDED TO OTHER ORGANIZATIONS WAS FOR ACTIVITIES THAT SUPPORT THE MISSION OF MICHIGAN FOUNDATION FOR AGRICULTURE'S SUPPORTED ORGANIZATION. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1 446525 372865 323882 1 1 524818 803459 670588 115207 542482 440351 875656 618627 172562 524818 449070 622150 492970 43529 94370 440351 504048 679256 734234 449070 688509 493795 678256 504048 0.00000 0.10720 0.89280 0 0 0 EXPENSES REIMBURSEMENTS 370 PRINTING SERVICES 599 CONTRACT SERVICES 767 HOLIDAY MAILING 1111 2847 7604773 57684 57684 7547089 2510 2510 7549599 7454864 57684 57684 7397180 2510 2510 7399690 PART V, LINE 4: THE ENDOWMENT FUNDS SHALL BE USED FOR THE BENEFIT OF THE YOUNG FARMER, PROMOTION & EDUCATION, OR LEADERSHIP PROGRAMS SUPPORTED BY THE MICHIGAN FOUNDATION FOR AGRICULTURE. FUNDS DISTRIBUTED FROM THE ENDOWMENT SHALL BE USED TO FURTHER DEVELOP LEADERS FOR THE AGRICULTURAL INDUSTRY AND/OR PROVIDE EDUCATION TO MICHIGAN CONSUMERS ON THE IMPACT AGRICULTURE HAS ON THEIR DAILY LIVES. THE TEMPORARILY RESTRICTED NET ASSETS WERE DONATED WITH THE RESTRICTED PURPOSE TO FUND THE MOBILE SCIENCE LAB PROJECT, LEADERSHIP ACTIVITIES AT STATE ANNUAL MEETING, HARVEST FOR ALL, AGENT CHARITIABLE FUND, AG LITERACY, AND VOICE OF AGRICULTURE. PART XI, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES 57,684. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES 57,684. STATEWIDE FUNDRAISER 97305 65175 32130 458 10060 10778 9771 MI NIGHT AT THE RACES 29339 11268 18071 5502 2050 11262 4787 2 25870 14476 11394 2000 1016 152514 90919 61595 5502 458 14110 22040 15574 57684 3911 1 MICHIGAN FARM BUREAU 7373 W SAGINAW HWY LANSING MI 48917 381718391 501(C)(5) 6869608 0 N/A N/A EDUCATION & CHARITY SUPPORT FOOD BANK OF EASTERN MICHIGAN 2300 LAPEER RD FLINT MI 48503 382379678 501(C)(3) 27543 0 N/A N/A CHARITY SUPPORT 1 1 PART I, LINE 2: THE ACCOUNTING DEPARTMENT MAINTAINS EVIDENCE AND SUPPORT FOR QUALIFYING ACTIVITY EXPENDITURES WHICH TIE INTO ACTIVITIES AS ALLOWED BY THE BYLAWS OF THE FOUNDATION 1 0 0 0 0 0 0 0 0 ANDREW J KOK SECR AND GEN COUNSEL 0 454511 0 6646 0 21218 0 30926 0 25096 0 538397 0 0 TOM NUGENT TREASURER, CFO & HUMAN RES. DIR. 0 345110 0 14411 0 20802 0 37597 0 25096 0 443016 0 0 CARL BEDNARSKI PRESIDENT 0 290723 0 4220 0 74871 0 22175 0 20905 0 412894 0 0 SCOTT PIGGOTT CHIEF EXECUTIVE OFFICER-END 1/4/24 0 280324 0 0 0 42840 0 31878 0 16074 0 371116 0 0 PART I, LINE 4A IN 2024, SCOTT PIGGOT RECEIVED SEVERANCE IN THE AMOUNT OF $323,165. X 3 6749000 FAIR MARKET VALUE X OTHER ITEMS 87 30976 FAIR MARKET VALUE X GOLF SUPPLIES 1 1488 FAIR MARKET VALUE 0 0 0 PART I, COLUMN (B): THE ORGANIZATION IS REPORTING THE NUMBER OF CONTRIBUTIONS. FORM 990, PART VI, SECTION A, LINE 7A THE BOARD OF DIRECTORS OF MICHIGAN FOUNDATION FOR AGRICULTURE ARE ELECTED BY THE BOARD OF DIRECTORS OF THE MICHIGAN FARM BUREAU. THE BOARD OF DIRECTORS WILL ELECT A PRESIDENT, A SECRETARY, AND A TREASURER AT EACH ANNUAL MEETING AND MAY ELECT A VICE PRESIDENT, ASSISTANT SECRETARY, AND ASSISTANT TREASURER. THE BOARD MAY ALSO APPOINT OTHER OFFICERS AND AGENTS, AND MAY ESTABLISH AN EXECUTIVE COMMITTEE CONSISTING OF THREE MEMBERS OF THE BOARD. FORM 990, PART VI, SECTION B, LINE 11B THE AUDIT COMMITTEE, MADE UP OF BOARD OF DIRECTORS OF MICHIGAN FOUNDATION FOR AGRICULTURE, IS THE GOVERNING BODY WHICH IS RESPONSIBLE FOR THE ANNUAL REVIEW OF THE FORM 990 RETURN. PRIOR TO FILING, THE COMMITTEE REVIEWS THE ANNUAL FINANCIAL STATEMENTS TO BE USED AS THE BASIS OF PREPARATION FOR THE FORM 990. THE FINAL PREPARATION AND REVIEW OF THE FORM 990 IS PERFORMED BY THE TREASURER. THE COMMITTEE REVIEWS THE COMPLETED RETURN IN DETAIL AFTER IT IS FILED. FOLLOWING SATISFACTORY REVIEW OF THE FORM 990, THE COMMITTEE RECOMMENDS APPROVAL BY THE BOARD OF DIRECTORS AND ACTION IS TAKEN BY THE VOTING MEMBERS OF THE BOARD AND THIS IS RECORDED IN THE BOARD MINUTES. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY IS REVIEWED ANNUALLY AND A MOTION OF ACKNOWLEDGMENT IS MADE BY THE BOARD OF DIRECTORS. AT THIS SAME TIME ALL OFFICERS AND BOARD MEMBERS MUST ANNUALLY PROVIDE A SIGNED STATEMENT LISTING ALL POTENTIAL CONFLICTS OF INTEREST WHILE ACTING IN THEIR RESPECTIVE POSITIONS. FORM 990, PART VI, SECTION B, LINE 15 THE MICHIGAN FOUNDATION FOR AGRICULTURE HAS NO EMPLOYEES AND PAYS NO COMPENSATION. HOWEVER, THE MICHIGAN FARM BUREAU, AS THE PROVIDING ORGANIZATION TO THE FOUNDATION, HAS EXECUTIVES, STAFF AND EMPLOYEES WHO PERFORM THE NECESSARY SERVICES AGREED UPON IN THE SERVICES AGREEMENT BETWEEN THE MICHIGAN FOUNDATION FOR AGRICULTURE AND THE MICHIGAN FARM BUREAU. MICHIGAN FARM BUREAU AND ITS HUMAN RESOURCES DIVISION UTILIZE A METHODOLOGY WHERE THE BOARD OF DIRECTORS ANNUALLY REVIEWS AND APPROVES THE SALARY SCALE, COMPENSATION STRUCTURE, AND EMPLOYEE BENEFITS BASED ON COMPARABILITY DATA FOR SIZE, TYPE, AND LOCATION OF SIMILAR ORGANIZATIONS. AFFORDABILITY OF SALARIES AND BENEFITS ARE ALSO A MAJOR CONSIDERATION. THE ORGANIZATION ALSO ANALYZES ITS SALARY RANGE AND STRUCTURE TO MAKE SURE THEY REMAIN COMPETITIVE WITH THE MARKET. AFTER A SATISFACTORY REVIEW IS COMPLETED, ACTION IS TAKEN BY THE VOTING MEMBERS OF THE BOARD WHICH IS RECORDED IN THE MINUTES. FORM 990, PART VI, SECTION C, LINE 19 NO GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, OR FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC. MICHIGAN FARM BUREAU 7373 W SAGINAW HWY LANSING MI 48917 381718391 MEMBERSHIP MI 501(C)(5) N/A 0 MFB POLITICAL ACTION COMMITTEE 7373 W SAGINAW HWY LANSING MI 48917 382548952 LEGISLATIVE MI 527 MFB 1 FARM BUREAU PAC (AKA SUPER PAC) 7373 W SAGINAW HWY LANSING MI 48917 461116105 LEGISLATIVE MI 527 MFB 1 MI AG COOPERATIVE MARKETING ASSOCIATION 7373 W SAGINAW HWY LANSING MI 48917 381659786 MARKETING MI N/A C 1 FARM BUREAU LIFE INSURANCE CO OF MI 7373 W SAGINAW HWY LANSING MI 48917 386056370 LIFE INSURANCE MI N/A C 1 COMMUNITY SERVICE ACCEPTANCE CORPORATION 7373 W SAGINAW HWY LANSING MI 48917 381883116 INSURANCE AGENCY MI N/A C 1 FARM BUREAU GENERAL INSURANCE COMPANY OF MICHIGAN 7373 W SAGINAW HWY LANSING MI 48917 386056228 INSURANCE MI N/A C 1 MI FARM BUREAU FINANCIAL CORPORATION 7373 W SAGINAW HWY LANSING MI 48917 382961817 HOLDING COMPANY MI N/A C 1 GRAVITY WORKS DESIGN & DEVELOPMENT 7373 W SAGINAW HWY LANSING MI 48917 861744708 WEB DESIGN MI N/A C 1 MFB INC 7373 W SAGINAW HWY LANSING MI 48917 382102277 MEMBERSHIP BENEFITS/PROMO MI N/A C 1 FBL REAL ESTATE HOLDINGS LLC 7373 W SAGINAW HWY LANSING MI 48917 275177082 REAL ESTATE MI N/A C 1 GREAT LAKES AG LABOR SERVICES LLC 7373 W SAGINAW HWY LANSING MI 48917 473106365 LABOR SERVICES FACILITATION MI N/A C 1 LEADERS LIFE INSURANCE COMPANY 1350 S BOULDER STE 900 TULSA OK 74119 731333608 LIFE INSURANCE OK N/A C 1 CINCINNATI EQUITABLE COMPANIES INC 525 VINE ST SUITE 1925 CINCINNATI OH 45202 311154154 HOLDING COMPANY OH N/A C 1 CINCINNATI EQUITABLE LIFE INSURANCE 525 VINE ST SUITE 1925 CINCINNATI OH 45202 351452221 LIFE INSURANCE OH N/A C 1 CINCINNATI EQUITABLE INSURANCE COMPANY 525 VINE ST SUITE 1925 CINCINNATI OH 45202 310239840 INSURANCE OH N/A C 1 0 1 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 FARM BUREAU LIFE INSURANCE CO OF MI C 6825025 COST MICHIGAN FARM BUREAU B 6869608 COST MICHIGAN FARM BUREAU M 280087 CASH