2025-11-13T13:17:48-06:00 2024-12-31 882730877 CHERRY BEKAERT ADVISORY LLC 101 SOUTH 5TH STREET STE 2100 LOUISVILLE KY 40202 990 2024-01-01 616035765 KENTUCKY FARM BUREAU EDUCATION FOUNDATION INC KENT 5024955000 9201 BUNSEN PARKWAY PO BOX 20700 LOUISVILLE KY 402500700 DREW GRAHAM EXECUTIVE OFFICER 5024955000 2025-10-29 1 1 MELANIE MCPEAK P01346034 8885871719 2024 2025-03-06 01:10:19Z DREW GRAHAM 9201 BUNSEN PARKWAY PO BOX 20700 LOUISVILLE KY 402500700 274581 0 X WWW.KYFB.COM X 1965 KY PROVIDE FINANCIAL GRANTS FOR HIGHER EDUCATION AND PROMOTE AGRICULTURAL EDUCATION IN KY ELEMENTARY AND SECONDARY SCHOOLS. 27 24 0 0 0 0 148050 227083 0 0 3590 11408 51391 2755 203031 241246 191500 226000 0 0 0 0 0 0 0 7465 27984 198965 253984 4066 -12738 458837 554814 85000 191000 373837 363814 PROVIDE FINANCIAL GRANTS FOR HIGHER EDUCATION AND PROMOTE AGRICULTURAL EDUCATION IN KY ELEMENTARY AND SECONDARY SCHOOLS. 0 0 244336 223000 EDUCATIONAL SCHOLARSHIPS AND AWARDS WERE GRANTED DURING 2024 TO MORE THAN 120 APPROVED RECIPIENTS. 3000 3000 MINI GRANTS OF UP TO $500 EACH FOR AGRICULTURAL EXPERIENCE TOURS AND INFORMATION PROGRAMS FOR ELEMENTARY AND SECONDARY SCHOOL STUDENTS. THERE WERE PAYMENTS TO 6 COUNTY FARM BUREAUS IN 2024. 247336 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 X 27 24 0 0 0 0 1 1 0 1 1 0 0 0 1 1 1 1 0 1 1 0 KY X PHILIP R DOWDLE CPA 5024955000 9201 BUNSEN PARKWAY PO BOX 20700 LOUISVILLE KY 402500700 EDDIE MELTON PRESIDENT 1.00 17.00 X X 0 148319 0 SHANE WISEMAN FIRST VICE PRESIDENT 1.00 17.00 X X 0 109271 0 LARRY CLARK SECOND VICE PRESIDENT 1.00 17.00 X X 0 97961 0 MARK HANEY PAST PRESIDENT 1.00 19.00 X X 0 31240 24435 SCOTT BARNES DIRECTOR 0.50 1.50 X 0 26373 0 ALEX BARNETT DIRECTOR 0.50 1.50 X 0 11100 6635 TODD BROCK DIRECTOR 0.50 1.50 X 0 27173 0 J SCOTT DAVIS DIRECTOR 0.50 1.50 X 0 7500 26090 TYLER FERGUSON DIRECTOR 0.50 1.50 X 0 19723 16290 SHARON FURCHES DIRECTOR 1.00 17.00 X 0 37713 0 TIM GOODLETT DIRECTOR 0.50 1.50 X 0 32973 0 CLOYCE WARREN HINKLE DIRECTOR 0.50 1.50 X 0 12400 6728 GLENN HOWELL DIRECTOR 0.50 1.50 X 0 16100 0 STEWART HUGHES DIRECTOR 0.50 1.50 X 0 30173 0 ZACK ISON DIRECTOR 0.50 1.50 X 0 27573 0 MARK KINSEY DIRECTOR 0.50 1.50 X 0 14300 0 MARY KATE KORDES DIRECTOR 0.50 1.50 X 0 31973 0 TERRY LAWSON DIRECTOR 0.50 1.50 X 0 14900 0 MITCHEL LOGSDON DIRECTOR 0.50 1.50 X 0 36573 0 RAY ALLAN MACKEY DIRECTOR 0.50 1.50 X 0 29573 0 JOE PAUL MATTINGLY DIRECTOR 0.50 1.50 X 0 7500 31003 DAVID MCGLONE DIRECTOR 0.50 1.50 X 0 14500 0 PJ MILBURN DIRECTOR 0.50 1.50 X 0 27173 0 VICTOR REXROAT DIRECTOR 0.50 1.50 X 0 21100 0 DAVID TAYLOR DIRECTOR 0.50 1.50 X 0 26723 0 LARRY THOMAS DIRECTOR 0.50 1.50 X 0 7450 36698 TAMMY WHITE DIRECTOR 0.50 1.50 X 0 27973 0 DREW GRAHAM EXECUTIVE OFFICER 1.00 37.50 X 0 597750 51559 0 1493080 199438 0 0 1 0 0 71056 156027 227083 11408 11408 36090 71056 33335 2755 2755 241246 0 0 14163 3000 3000 223000 223000 6388 6388 35 35 BAD DEBT EXPENSE 21336 21336 MISCELLANEOUS 225 225 253984 247336 6648 0 46973 160129 374370 138575 37494 9159 0 246951 458837 554814 85000 191000 85000 191000 X 373837 363814 373837 363814 458837 554814 X -12738 715 2000 X X 0 1 X 1 0 X 174641 951473 1165021 148050 227083 2666268 174641 951473 1165021 148050 227083 2666268 241714 2424554 7129 1805 1437 3590 11408 25369 27341 38043 51391 2755 119530 1020 1020 2812187 0.86220 0.87020 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED GOLF CLASSIC 101296 71056 30240 1850 9425 12233 7408 2398 YFLC SILENT AUCTION 5850 5850 21 107146 71056 36090 1850 9425 12233 7408 2419 33335 2755 1 SCHOLARSHIPS 120 223000 PART I, LINE 2: GRANT PAYMENTS ARE NORMALLY MADE DIRECTLY TO THE EDUCATIONAL INSTITUTIONS WHERE THE RECIPIENTS ARE REGISTERED. REFUNDS ARE RECEIVED IF THE STUDENT HAS CHANGED SCHOOLS AND NEW CHECKS ARE ISSUED TO THE NEW ENROLLMENT SCHOOL FOR THE STUDENT. UNDER CERTAIN CIRCUMSTANCES PAYMENTS ARE MADE TO THE INDIVIDUAL RECIPIENT WITH SUBMISSION OF PROPER DOCUMENTATION. WHEN AVAILABLE, VETERINARY INCENTIVE GRANTS ARE PAID DIRECTLY TO STUDENT LOAN ADMINISTRATORS FOR QUALIFYING RECIPIENTS THAT ARE BEGINNING PRACTICE IN LARGE ANIMAL VETERINARY MEDICINE AFTER GRADUATION. 0 0 0 0 0 0 0 0 0 DREW GRAHAM EXECUTIVE OFFICER 0 398458 0 187260 0 12032 0 36484 0 15075 0 649309 0 0 FORM 990, PART VI, SECTION A, LINE 6 ACTING VOTING MEMBERS: TO BE ELIGIBLE TO BE AN ACTING VOTING MEMBER A PERSON MUST BE A DULY ELECTED ACTING MEMBER OF THE BOARD OF DIRECTORS OF THE KENTUCKY FARM BUREAU FEDERATION. IF A PERSON CEASES TO BE A MEMBER OF THE BOARD OF DIRECTORS OF THE KENTUCKY FARM BUREAU FEDERATION, SUCH PERSON'S MEMBERSHIP IN THIS CORPORATION IS TERMINATED AT THE NEXT ANNUAL MEETING. NON-VOTING MEMBERSHIP: NON-VOTING ASSOCIATE MEMBERSHIPS & HONORARY MEMBERSHIPS MAY BE EXTENDED BY A MAJORITY VOTE OF THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION A, LINE 7A MEMBERS OF THE BOARD OF DIRECTORS ARE ELECTED BY ACTING VOTING MEMBERS AT EACH ANNUAL MEETING OF THE MEMBERS AND SHALL BE SELECTED FROM THE ELIGIBLE DISTRICT ELECTED DIRECTORS FROM EACH FEDERATION DISTRICT OF THE BOARD OF DIRECTORS OF KENTUCKY FARM BUREAU FEDERATION AND MAY ALSO INCLUDE THE IMMEDIATE PAST PRESIDENT WHEN SEATED BY THE VOTING DELEGATES. ALL VACANCIES ON THE BOARD SHALL BE FILLED BY THE REMAINING DIRECTORS. ANY DIRECTOR MAY BE REMOVED, WITH OR WITHOUT CAUSE, BY A MAJORITY VOTE OF THE MEMBERS CONSTITUTING A QUORUM AT ANY SPECIAL MEETING CALLED FOR THAT PURPOSE. THE BUSINESS AFFAIRS OF THE COMPANY SHALL BE MANAGED BY THE BOARD OF DIRECTORS, BUT MAY BE DELEGATED, SUBJECT TO STATE STATUTE RESTRICTIONS, TO AN EXECUTIVE COMMITTEE CONSISTING OF THE PRESIDENT, FIRST VICE PRESIDENT & SECOND VICE PRESIDENT OF THE ORGANIZATION. FORM 990, PART VI, SECTION B, LINE 11B THE ORGANIZATION'S FORM 990 IS REVIEWED BY THE CHIEF EXECUTIVE OFFICER AND THE ASSISTANT TO THE EXECUTIVE OFFICER AND DIRECTOR OF FINANCE & ACCOUNTING PRIOR TO FILING AND IS AVAILABLE TO THE MEMBERS OF THE BOARD OF DIRECTORS UPON REQUEST. FORM 990, PART VI, SECTION B, LINE 12C CONFLICTS, IF ANY, ARE REVIEWED BY THE EXECUTIVE VICE PRESIDENT & THE AUDIT COMMITTEE APPOINTED BY THE DIRECTORS. FORM 990, PART VI, SECTION B, LINE 15 THE EXECUTIVE OFFICER'S ANNUAL COMPENSATION, PAID BY A RELATED PARENT COMPANY, IS DETERMINED BY THE BOARD OF DIRECTORS OF THAT COMPANY WHILE MEETING IN EXECUTIVE SESSION BASED ON THEIR DELIBERATION AND KNOWLEDGE OF THE VALUE TO THE ORGANIZATION AND COMPARABLE BUSINESSES. HE RECEIVES NO COMPENSATION FROM THE EDUCATION FOUNDATION. COMPENSATION FOR OTHER OFFICER AND DIRECTOR SERVICES IS PAID BY A RELATED PARENT OR SISTER COMPANY AND DETERMINED BY ITS DIRECTORS IN ACCORDANCE WITH THE BYLAWS OF THE RELATED PARENT & SISTER COMPANIES. SERVICES FOR THE EDUCATION FOUNDATION ARE PERFORMED BY VOLUNTEERS WITHOUT COMPENSATION. FORM 990, PART VI, SECTION C, LINE 19 ONLY THE REQUIRED PUBLIC DISCLOSURE DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC, UPON REQUEST. CONFIDENTIAL DOCUMENTS ARE NOT PROVIDED. FORM 990, PART XI, LINE 9: RETURNED SCHOLARSHIP PAYMENTS 2,000. SCHEDULE D, PART XI & PART XII: SCHEDULE D NOT INCLUDED: THE ORGANIZATION'S AUDITED FINANCIAL STATEMENTS ARE PREPARED ON A FISCAL YEAR BASIS, WHEREAS THIS FORM 990 REPORTS INFORMATION ON A CALENDAR YEAR BASIS. BECAUSE THE RETURN DOES NOT REPRESENT A SHORT YEAR, SCHEDULE D IS NOT REQUIRED IN ACCORDANCE WITH THE INSTRUCTIONS FOR PART IV, LINE 12B. KENTUCKY FARM BUREAU FEDERATION 9201 BUNSEN PARKWAY PO BOX 20700 LOUISVILLE KY 402500700 610443949 MEMBERSHIP ORGANIZATION KY 501(C)(5) N/A 0 KENTUCKY FARM BUREAU DEVELOPMENT CORPORATION 9201 BUNSEN PARKWAY PO BOX 20700 LOUISVILLE KY 402500700 610596348 GROUP PURCH KY N/A C 0 KENTUCKY FARM BUREAU INVESTMENT CORPORATION 9201 BUNSEN PARKWAY PO BOX 20700 LOUISVILLE KY 402500700 616025555 INVESTMENT KY N/A C 0 KENTUCKY FARM BUREAU MANAGEMENT CORPORATION 9201 BUNSEN PARKWAY PO BOX 20700 LOUISVILLE KY 402500700 203459607 MANAGEMENT SERVICE KY N/A C 0 0 0 1 0 0 0 0 0 0 0 0 0 1 1 1 1 0 0 0