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.

501(c)(3) charity; gifts are tax-deductible.
63¢ of each $1 spent went to programs.
$310K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

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
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
6 of 6
filings with a surplus
Average surplus $1.1M a year · 34% of revenue · last 6 filings
Looks good: a surplus in 6 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
63%
of spending
Worth a look: 63% of spending went to programs; under 65%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$310K
to officers and key staff · 29% of spending
Worth a look: pay to officers and key staff is 29% of spending; over 20%.
Pt VII · Sec A
9 mo
of spending, in cash
Plus $22.5M in investments, Pt X · Ln 11–13
Looks good: 8.8 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
4
named funders · $135K
Looks good: 4 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$112K
0.5% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
7
of 10 voting members
Looks good: 7 of 10 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$2.1M
Spent
$1.1M
To programs
63%
Net assets
$23.4M
By yearFY2020–FY2025
Revenue
$2.1M
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$2.1M
FY2021$2.5M
FY2022$2.6M
FY2023$2.3M
FY2024$1.8M
FY2025$7.5M
Expenses
$1.1M
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$1.1M
FY2021$924K
FY2022$1.3M
FY2023$1.4M
FY2024$1.4M
FY2025$6.2M
Net assets
$23.4M
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020$23.4M
FY2021$25.5M
FY2022$22.1M
FY2023$23.7M
FY2024$27.5M
FY2025$29.1M

From the FY2020 Form 990 (year ending September 2020) · figures checked against the IRS filing · see the original

Give Claim
You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Nov 1980.

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

Where the money goes

63 cents of each dollar spent went to programs.

Program services 63% · $671K Management & general 20% · $209K Fundraising 18% · $192K

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

Something off? Claim to add context

Who runs it and what they're paid

17 people listed on the 990; $310K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2019); the FY2020 filing did not itemize Part VII
President (left 2/2019)
$185,815Pt VII · Sec A
Development Director
$124,111Pt VII · Sec A
Secretary
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Compensation history total reportable pay by year · 4 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Jenkins Milford—————$185,815
Schoenbine Rodney—————$124,111
Upperman Jaclyn$110,580$111,345$93,191———
Marten Thomas——$48,016$95,507$90,040—

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Angus Foundation executive salaries →

On this list? Claim this org

Something off? Claim to add context

Questions the 990 asks

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

  • Family or business ties among officersPt VI · Ln 2Yes
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Promotes education, youth programs, and research for Angus cattle.

Questions for Angus Foundation

Tap to ask. Angus Foundation sees how many people are interested.

Your first name shows with your question. Angus Foundation answers here, for everyone.

Provided by the organization

Know this org? Add your story

3 programs · $671K · in their own filed words · FY2019
01

Annual scholarships are awarded to qualifying individuals.

$352Kprogram expense
02

Support and sponsor the national junior angus association, youth beef industry congress, young cattleman's conference, and other programs and events.

$187Kprogram expense
03

Provide funding for research projects to identify possible solutions to the unique challenges incurred by agricultural interests, specifically the beef cattle industry.

$132Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2024
Total grants receivedfrom 4 funders$135K
See all 4 funders →
Grants paid · 24 grants · $8.5M · 2019–2024
University of New EnglandME · FY2024$4,678,500
Unitemized GrantFY2024$384,250
American Angus AssociationMO · FY2024$307,992
Unitemized GrantFY2023$388,500
American Angus AssociationMO · FY2023$267,079
Colorado State UniversityFY2023$36,000
Unitemized GrantFY2022$350,625
American Angus AssociationMO · FY2022$347,154
Kansas State UniversityFY2022$92,610
North Carolina State UniversityFY2022$20,000
Unitemized GrantFY2021$318,625
American Angus AssociationMO · FY2021$261,816
Kansas State UniversityFY2021$64,000
Unitemized GrantFY2020$220,618
American Angus AssociationMO · FY2020$171,342
Unitemized GrantFY2020$49,382
Kansas State UniversityFY2020$41,000
See all 24 grants →

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$2.1M
Ln 12
Investment incomeLn 3$1.2M
Gifts and grantsLn 1h$832K
Other incomeLn 4–11$92K
Money outPt IX
$1.1M
Ln 25
Programscol B$671K
Managementcol C$209K
Fundraisingcol D$192K
Owns and owesPt X
$23.4M
net assets · Ln 32
Cash and savingsLn 1–2$783K
Total assetsLn 16$23.5M
LiabilitiesLn 26$112K
PeoplePt VI, VII
17
listed · VII A
PaidVII A2
Voting boardVI 1a10
IndependentVI 1b7
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$832K
Noncash giftsLn 1g$115K
Fundraising eventsLn 1c$143K
Investment incomeLn 3$1.2M
Other incomeLn 4–11$92K
Gains on assetsLn 7$393K
Total revenueLn 12$2.1M
Assets in detailPt X, end of year
CashLn 1$90K
SavingsLn 2$692K
Cash and savings togetherLn 1–2$783K
InvestmentsLn 11–13$22.5M
Total assetsLn 16$23.5M
LiabilitiesLn 26$112K
Net assetsLn 32$23.4M
OperationsPt I, VI
EmployeesI 53
VolunteersI 630
Fiscal year endsHeaderSeptember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY20End FY20
Cash and savingsLn 1–2$341K$783K
InvestmentsLn 11–13$21.4M$22.5M
Total assetsLn 16$22.0M$23.5M
LiabilitiesLn 26$100K$112K
Net assetsLn 32$21.9M$23.4M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$132K$132K
Grants to domestic individualsLn 2$352K$352K
Pay of current officers, directors and key staffLn 5$71K$14K$57K
Other salaries and wagesLn 7$135K$58K$77K
Pension plan contributionsLn 8$9K$5K$4K
Other employee benefitsLn 9$21K$13K$8K
Payroll taxesLn 10$15K$5K$10K
Legal feesLn 11b$388$388
Accounting feesLn 11c$20K$20K
Investment management feesLn 11f$3K$3K
Other fees for servicesLn 11g$5K$5K
Office expensesLn 13$18K$100$14K$4K
Information technologyLn 14$9K$9K
OccupancyLn 16$43K$43K
TravelLn 17$15K$999$14K
Conferences, conventions and meetingsLn 19$9K$1K$7K
InsuranceLn 23$14K$14K
Other expenses (24a–d)Ln 24$200K$186K$3K$11K
All other expensesLn 24e$3K$3K$443
Total functional expensesLn 25$1.1M$671K$209K$192K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $7.5M$6.2M$1.3M$29.1M 990 PDF
FY2024 $1.8M$1.4M$367K$27.5M 990 PDF
FY2023 $2.3M$1.4M$891K$23.7M 990 PDF
FY2022 $2.6M$1.3M$1.2M$22.1M 990 PDF
FY2021 $2.5M$924K$1.6M$25.5M 990 PDF
FY2020 Viewing $2.1M$1.1M$1.0M$23.4M 990 PDF

More to add? Claim this org

Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support M · Noncash J · Pay O · Explanations
See the full FY2020 990 (6 parts)
Part I · Summary $2,082,352 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $992,421$832,412
I-9 Program service revenuePrior year $5,400$0
I-10 Investment incomePrior year $826,388$1,157,931
I-11 Other revenuePrior year $186,349$92,009
I-12 Total revenuePrior year $2,010,558$2,082,352
I-13 Grants and similar amounts paidPrior year $427,800$484,500
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $477,422$249,963
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $808,787$338,028
I-18 Total expensesPrior year $1,714,009$1,072,491
I-19 Revenue less expensesPrior year $296,549$1,009,861
Part VI · Governance 7 of 10 board members independent, 4 to look at
VI-1a Voting members of the governing body10
VI-1b Independent voting members7
VI-2 Family or business relationship among officers or directorsYes
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-12a Written conflict of interest policyYes
Part VIII · Statement of revenue $2,082,352 across 11 lines filed
Lines not itemized here account for −$3,438 of total revenue; see the IRS return.
VIII-1c Fundraising events$143,328
VIII-1d Related organizations$360,000
VIII-1f All other contributions, gifts and grants$329,084
VIII-1g Noncash contributions (included above)$114,503
VIII-1h Total contributions, gifts and grants$832,412
VIII-3 Investment incomeExcluded from tax $764,574$764,574
VIII-5 RoyaltiesExcluded from tax $113,997$113,997
VIII-7 Net gain or loss on sales of assetsExcluded from tax $393,357$393,357
VIII-8 Net income from fundraising eventsExcluded from tax −$21,900−$21,900
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Excluded from tax $3,350$3,350
VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax $1,249,940$2,082,352
Part IX · Statement of functional expenses $1,072,491 across 19 lines filed
IX-1 Grants to domestic organizationsPrograms $132,000$132,000
IX-2 Grants to domestic individualsPrograms $352,500$352,500
IX-5 Pay of current officers, directors and key staffManagement $14,191 · Fundraising $56,763$70,954
IX-7 Other salaries and wagesManagement $57,540 · Fundraising $77,081$134,621
IX-8 Pension plan contributionsManagement $4,689 · Fundraising $4,016$8,705
IX-9 Other employee benefitsManagement $12,671 · Fundraising $8,196$20,867
IX-10 Payroll taxesManagement $5,028 · Fundraising $9,788$14,816
IX-11b Legal feesManagement $388$388
IX-11c Accounting feesManagement $19,572$19,572
IX-11f Investment management feesManagement $2,561$2,561
IX-11g Other fees for servicesManagement $4,892$4,892
IX-13 Office expensesPrograms $100 · Management $13,791 · Fundraising $3,685$17,576
IX-14 Information technologyManagement $9,292$9,292
IX-16 OccupancyManagement $42,900$42,900
IX-17 TravelManagement $999 · Fundraising $14,250$15,249
IX-19 Conferences, conventions and meetingsManagement $1,358 · Fundraising $7,361$8,719
IX-23 InsuranceManagement $14,117$14,117
IX-24 Other expenses (24a–d)Programs $186,500 · Management $2,755 · Fundraising $10,561$199,816
IX-24e All other expensesManagement $2,503 · Fundraising $443$2,946
IX-25 Total functional expensesPrograms $671,100 · Management $209,247 · Fundraising $192,144$1,072,491
Part X · Balance sheet $23,490,388 assets, 14 lines filed
X-1 Cash, non-interest-bearingStart of year $64,885$90,489
X-2 Savings and temporary cash investmentsStart of year $276,355$692,107
X-3 Pledges and grants receivableStart of year $271,854$167,710
X-4 Accounts receivableStart of year $712$1,660
X-8 Inventories for sale or useStart of year $54,072$18,392
X-9 Prepaid expenses and deferred chargesStart of year $18,696$13,766
X-11 Publicly traded securitiesStart of year $21,356,256$22,506,264
X-16 Total assetsStart of year $22,042,830$23,490,388
X-17 Accounts payable and accrued expensesStart of year $100,029$112,030
X-26 Total liabilitiesStart of year $100,029$112,030
X-27 Net assets without donor restrictionsStart of year $3,414,709$3,731,211
X-28 Net assets with donor restrictionsStart of year $18,528,092$19,647,147
X-32 Total net assets or fund balancesStart of year $21,942,801$23,378,358
X-33 Total liabilities and net assetsStart of year $22,042,830$23,490,388
Part XI · Reconciliation of net assets $23,378,358 net assets at year end
XI-1 Total revenue$2,082,352
XI-2 Total expenses$1,072,491
XI-3 Revenue less expenses$1,009,861
XI-4 Net assets at start of year$21,942,801
XI-5 Net unrealized gains (losses) on investments$427,196
XI-9 Other changes in net assets−$1,500
XI-10 Net assets at end of year$23,378,358

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

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

Your org? Add context

Made it to the end? Claim this org

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.