Holstein Foundation INC FY2020 filing

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To promote and support programs that educate & develop leaders for a vibrant dairy community.

Form 990 Part I, line 1, FY2020. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 22-2990672) · Dispute this line
501(c)(3) charity; gifts are tax-deductible.
67¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2020 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
The IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
The latest return is for FY2024, 2 tax years back.
IRS e-file · Filing history
Surplus or deficit
5 of 5
filings with a surplus
Average surplus $677K a year · 80% of revenue · last 5 filings
A surplus in 5 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
67%
of spending
67% of spending went to programs.
Pt IX · Ln 25 · col B
18.2 mo
of spending, in cash
Plus $8.8M in investments, Pt X · Ln 11–13
18.2 months of spending in cash.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$41K
0.4% of total assets
Liabilities are 0.4% of assets.
Pt X · Ln 26
Independent board members
10
of 10 voting members
10 of 10 voting members are independent.
Pt VI · Ln 1a–1b
Revenue
$514K
Spent
$163K
To programs
67%
Net assets
$9.0M
By yearFY2020–FY2024
Revenue
$514K
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$514K
FY2021$1.7M
FY2022$298K
FY2023$674K
FY2024$1.1M
Expenses
$163K
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$163K
FY2021$88K
FY2022$188K
FY2023$203K
FY2024$231K
Net assets
$9.0M
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020$9.0M
FY2021$10.2M
FY2022$8.7M
FY2023$9.8M
FY2024$10.8M

From the FY2020 Form 990 · figures checked against the IRS filing · see the original

You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Dec 1989.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

67 cents of each dollar spent went to programs.

Program services 67% · $108K Management & general 29% · $47K Fundraising 4% · $7K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

12 people listed on the 990.

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
Vice Chairman
$0Pt VII · Sec A
$0Pt VII · Sec A
Chairman
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
See Holstein Foundation INC executive salaries →

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Educates and develops leaders for a vibrant dairy community through program support.

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1 program · $108K · in their own filed words · FY2020
01

The Foundation provides youth programs that enhance dairy knowledge, provide networking opportunities, teach teamwork and foster decision-making skills. The goal is to strengthen young adult leaders' skills in media relations, board leadership, and the public policy process to prepare them to address the full range of issues facing rural…

Form 990 Part III, line 4, FY2020. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 22-2990672) · Dispute this line
$108Kprogram expense

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$514K
Ln 12
Investment incomeLn 3$388K
Gifts and grantsLn 1h$67K
Other incomeLn 4–11$43K
Money outPt IX
$163K
Ln 25
Programscol B$108K
Managementcol C$47K
Fundraisingcol D$7K
Owns and owesPt X
$9.0M
net assets · Ln 32
Cash and savingsLn 1–2$246K
Total assetsLn 16$9.0M
LiabilitiesLn 26$41K
PeoplePt VI, VII
12
listed · VII A
PaidVII A0
Voting boardVI 1a10
IndependentVI 1b10
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$67K
Fees for servicesLn 2g$15K
Investment incomeLn 3$388K
Other incomeLn 4–11$43K
Gains on assetsLn 7$43K
Total revenueLn 12$514K
Assets in detailPt X, end of year
CashLn 1$65K
SavingsLn 2$181K
Cash and savings togetherLn 1–2$246K
Pledges and grants receivableLn 3$100
Prepaid expenses and deferred chargesLn 9$4K
InvestmentsLn 11–13$8.8M
Total assetsLn 16$9.0M
LiabilitiesLn 26$41K
Net assetsLn 32$9.0M
OperationsPt I, VI
EmployeesI 50
VolunteersI 660
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3More from this return
Investment feesPt IX, Sch D
Investment fees, as reportedPt IX 11f$25K
Share of the $8.8M endowmentSch D 1g0.29%
Typical, median of 2,202 orgs0.44%
EndowmentSch D · Pt V
LineFY20FY19FY18FY17FY16
End of yearLn 1g$8.8M$7.7M$6.4M$6.9M$6.0M
AddedLn 1b$4K$6K$4K$4K$6K
SpentLn 1d–1f$46K$59K$58K$56K$50K
4Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY20End FY20
Cash and savingsLn 1–2$270K$246K
InvestmentsLn 11–13$7.7M$8.8M
Total assetsLn 16$8.0M$9.0M
LiabilitiesLn 26$53K$41K
Net assetsLn 32$8.0M$9.0M
5Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Management feesLn 11a$25K$15K$9K$163
Accounting feesLn 11c$10K$10K
Investment management feesLn 11f$25K$25K
Office expensesLn 13$14K$8K$3K$3K
Information technologyLn 14$4K$4K
TravelLn 17$155$155
Conferences, conventions and meetingsLn 19$85K$85K
Total functional expensesLn 25$163K$108K$47K$7K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 LatestFiled with the IRS Oct 15, 2025 $1.1M$231K$845K$10.8M 990 PDF
FY2023Filed with the IRS Oct 7, 2024 $674K$203K$471K$9.8M 990 PDF
FY2022Filed with the IRS Oct 26, 2023 $298K$188K$110K$8.7M 990 PDF
FY2021Filed with the IRS Aug 15, 2022 $1.7M$88K$1.6M$10.2M 990 PDF
FY2020 ViewingFiled with the IRS Aug 4, 2021 $514K$163K$351K$9.0M 990 PDF

Schedules filed Part IV

A · Public support D · Assets and endowments I · Grants O · Explanations
See the full FY2020 990
Part I · Summary $514,082 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $63,723$67,405
I-9 Program service revenuePrior year $27,410$15,195
I-10 Investment incomePrior year $391,840$431,482
I-11 Other revenuePrior year $0$0
I-12 Total revenuePrior year $482,973$514,082
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $0$0
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $197,845$162,693
I-18 Total expensesPrior year $197,845$162,693
I-19 Revenue less expensesPrior year $285,128$351,389
Part VI · Governance 10 of 10 board members independent, no flags
VI-1a Voting members of the governing body10
VI-1b Independent voting members10
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $514,082 across 7 lines filed
VIII-1d Related organizations$200
VIII-1f All other contributions, gifts and grants$67,205
VIII-1h Total contributions, gifts and grants$67,405
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $15,195$15,195
VIII-3 Investment incomeExcluded from tax $388,418$388,418
VIII-7 Net gain or loss on sales of assetsExcluded from tax $43,064$43,064
VIII-12 Total revenueRelated to mission $15,195 · Unrelated business $0 · Excluded from tax $431,482$514,082
Part IX · Statement of functional expenses $162,693 across 7 lines filed
IX-11a Management feesPrograms $15,453 · Management $9,316 · Fundraising $163$24,932
IX-11c Accounting feesManagement $9,700$9,700
IX-11f Investment management feesManagement $25,089$25,089
IX-13 Office expensesPrograms $8,024 · Management $3,204 · Fundraising $2,930$14,158
IX-14 Information technologyFundraising $3,927$3,927
IX-17 TravelPrograms $155$155
IX-19 Conferences, conventions and meetingsPrograms $84,732$84,732
IX-25 Total functional expensesPrograms $108,364 · Management $47,309 · Fundraising $7,020$162,693
Part X · Balance sheet $9,046,955 assets, 13 lines filed
X-1 Cash, non-interest-bearingStart of year $68,897$65,099
X-2 Savings and temporary cash investmentsStart of year $200,747$181,271
X-3 Pledges and grants receivableStart of year $17,100$100
X-9 Prepaid expenses and deferred chargesStart of year $15,129$3,920
X-11 Publicly traded securitiesStart of year $7,739,651$8,796,565
X-16 Total assetsStart of year $8,041,524$9,046,955
X-17 Accounts payable and accrued expensesStart of year $4,839$1,250
X-25 Other liabilitiesStart of year $34,580$39,418
X-26 Total liabilitiesStart of year $53,419$40,668
X-27 Net assets without donor restrictionsStart of year $1,521,675$1,721,011
X-28 Net assets with donor restrictionsStart of year $6,466,430$7,285,276
X-32 Total net assets or fund balancesStart of year $7,988,105$9,006,287
X-33 Total liabilities and net assetsStart of year $8,041,524$9,046,955
Part XI · Reconciliation of net assets $9,006,287 net assets at year end
XI-1 Total revenue$514,082
XI-2 Total expenses$162,693
XI-3 Revenue less expenses$351,389
XI-4 Net assets at start of year$7,988,105
XI-5 Net unrealized gains (losses) on investments$666,793
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$9,006,287

Form 990 e-file FY2020 from the IRS (about our sources) · Classification, formation year and address from the IRS Business Master File

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