STRATEGY STUDIO / PUBLIC DATA EXPLORER

ATIP FOUNDATION LLC: Form 990, tax year 2022

View the entire original 990 at ProPublica ↗

Organization
ATIP FOUNDATION LLC (EIN 45-2803441)
Tax period
2022-10-01 to 2023-09-30
Filed
2024-08-15
IRS object ID
202402289349303345
Schema version
2022v5.0
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2024-08-15T20:50:01-04:00ReturnTs
Tax Period End2023-09-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN751486711PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1PSK LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line13001 MEDLIN DR STE 100AddressLine1Txt
CityARLINGTONCityNm
State AbbreviationTXStateAbbreviationCd
ZIP76015ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2022-10-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN452803441EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1ATIP FOUNDATION LLCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlATIPBusinessNameControlTxt
Phone8172289888PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11506 W PIONEER PARKWAY STE 101AddressLine1Txt
CityARLINGTONCityNm
State AbbreviationTXStateAbbreviationCd
ZIP76013ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonWES JUREYPersonNm
Person TitleCEOPersonTitleTxt
Phone4109801943PhoneNum
Signature2024-08-15SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrfalseIRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonKYLIE LINDSEYPreparerPersonNm
PTINP01266200PTIN
Phone8176643000PhoneNum
Preparation2024-08-15PreparationDt
FieldValueIRS element (for citing)
Tax2022TaxYr
Build TS2024-08-08 14:25:15ZBuildTS

Form 990 IRS990

Principal Ofcr Business Name PrincipalOfcrBusinessName

FieldValueIRS element (for citing)
Business Name Line1WES JUREYBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line11506 W PIONEER PARKWAY STE 204AddressLine1Txt
CityARLINGTONCityNm
State AbbreviationTXStateAbbreviationCd
ZIP76013ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$281,774GrossReceiptsAmt
Group Return For AffiliatesfalseGroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.ATIPFOUNDATION.COMWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2011FormationYr
Legal Domicile StateTXLegalDomicileStateCd
Activity Or MissionTHE ATIP FOUNDATION'S PURPOSE IS TO SERVE AS A CATALYST FOR RURAL ECONOMIC DEVELOPMENT, THROUGH THE USE OF USDA RESEARCH OUTCOMES, MARKET ASSESSMENT, AND PATENTED TECHNOLOGIES. THE FOUNDATION SUPPORTS A STRATEGIC APPROACH TO THE FORMATION OF COLLABORATIVE PARTNERSHIPS, FACILITATING AND ENABLING THE INTEGRATION OF INDUSTRY, ACADEMIC, AND GOVERNMENT RESEARCH AND DISCOVERY WITH VENTURE CAPITAL AND TALENT AND KNOW-HOW. THE PRIMARY OBJECTIVE OF ATIP FOUNDATION IS TO CREATE NATIONALLY RECOGNIZED, INVESTOR BASED CONSORTIUMS OF AGRI-BUSINESSES, UNIVERSITIES, ECONOMIC DEVELOPMENT ENTITIES, AND VENTURE FUNDS FOR THE DEVELOPMENT, IMPLEMENTATION, AND COMMERCIALIZATION OF USDA TECHNOLOGY DISCOVERIES, IN ORDER TO DEVELOP, AND EXPAND THE AGRICULTURE INDUSTRY. THE FOUNDATION SPECIFICALLY SEEKS TO IMPROVE THE COMPETITIVENESS AND PROFITABILITY OF THE AGRICULTURE AND AGRI-BUSINESS INDUSTRY SECTORS.ActivityOrMissionDesc
Voting Members Governing Body4VotingMembersGoverningBodyCnt
Voting Members Independent4VotingMembersIndependentCnt
Total Employee0TotalEmployeeCnt
Total Volunteers20TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
PY Contributions Grants$70,540PYContributionsGrantsAmt
CY Contributions Grants$281,774CYContributionsGrantsAmt
CY Program Service Revenue$0CYProgramServiceRevenueAmt
CY Investment Income$0CYInvestmentIncomeAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$70,540PYTotalRevenueAmt
CY Total Revenue$281,774CYTotalRevenueAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
CY Salaries Comp Emp Bnft Paid$0CYSalariesCompEmpBnftPaidAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$305,279PYOtherExpensesAmt
CY Other Expenses$309,450CYOtherExpensesAmt
PY Total Expenses$305,279PYTotalExpensesAmt
CY Total Expenses$309,450CYTotalExpensesAmt
PY Revenues Less Expenses-$234,739PYRevenuesLessExpensesAmt
CY Revenues Less Expenses-$27,676CYRevenuesLessExpensesAmt
Total Assets BOY$80,260TotalAssetsBOYAmt
Total Assets EOY$20,086TotalAssetsEOYAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$80,260NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$20,086NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionTHE ATIP FOUNDATION'S PURPOSE IS TO SERVE AS A CATALYST FOR RURAL ECONOMIC DEVELOPMENT, THROUGH THE USE OF USDA RESEARCH OUTCOMES, MARKET ASSESSMENT, AND PATENTED TECHNOLOGIES. THE FOUNDATION SUPPORTS A STRATEGIC APPROACH TO THE FORMATION OF COLLABORATIVE PARTNERSHIPS, FACILITATING AND ENABLING THE INTEGRATION OF INDUSTRY, ACADEMIC, AND GOVERNMENT RESEARCH AND DISCOVERY WITH VENTURE CAPITAL AND TALENT AND KNOW-HOW. THE PRIMARY OBJECTIVE OF ATIP FOUNDATION IS TO CREATE NATIONALLY RECOGNIZED, INVESTOR BASED CONSORTIUMS OF AGRI-BUSINESSES, UNIVERSITIES, ECONOMIC DEVELOPMENT ENTITIES, AND VENTURE FUNDS FOR THE DEVELOPMENT, IMPLEMENTATION, AND COMMERCIALIZATION OF USDA TECHNOLOGY DISCOVERIES, IN ORDER TO DEVELOP, AND EXPAND THE AGRICULTURE INDUSTRY. THE FOUNDATION SPECIFICALLY SEEKS TO IMPROVE THE COMPETITIVENESS AND PROFITABILITY OF THE AGRICULTURE AND AGRI-BUSINESS INDUSTRY SECTORS.MissionDesc
Significant New Program SrvcfalseSignificantNewProgramSrvcInd
Significant ChangefalseSignificantChangeInd
Expense$302,652ExpenseAmt
DescTHE FOUNDATION HAS FORMED A PUBLIC-PRIVATE PARTNERSHIP WITH ILSI NORTH AMERICA AND THE U.S. DEPARTMENT OF AGRICULTURE-AGRICULTURAL RESEARCH SERVICE TO OBTAIN COMPREHENSIVE FOOD COMPOSITION DATA FROM THE FOOD MANUFACTURERS AND MAKE IT PUBLICLY AVAILABLE THROUGH AN ENHANCED USDA NATIONAL NUTRIENT DATABASE TO THOSE WHO UTILIZE SUCH DATA INCLUDING THE FEDERAL AGENCIES, THE RESEARCH COMMUNITY, PROPRIETARY DATABASES AND END USERS, AND THE FOOD INDUSTRY. DURING THE FISCAL YEAR ENDING 9/30/23, THE FOUNDATION CONTINUED WORK ON ESTABLISHED INITIATIVES IN TEXAS, CALIFORNIA, AND OHIO, UTILIZING USDA RESEARCH OUTCOMES, TO FOSTER REGIONAL RURAL ECONOMIC DEVELOPMENT FROM FEDERAL RESEARCH OUTCOMES. THE FOUNDATION CONDUCTED FORUMS IN PARTNERSHIP WITH THE FEDERAL BIOMASS RESEARCH & DEVELOPMENT BOARD (BR&D), AND THE U.S. DEPARTMENT OF AGRICULTURE(USDA) IN 8 STATES TO PROVIDE INFORMATION ABOUT BR&D AND USDA RESEARCH OUTCOMES FOR THE PURPOSE OF CREATING JOBS AND ECONOMIC DEVELOPMENT; AND OBTAIN INPUT FROM PUBLIC AND PRIVATE SECTOR STAKEHOLDERS FOR BR&D AND USDA. THE FOUNDATION ESTABLISHED REPLICABLE MODELS IN PARTNERSHIP WITH USDA TO FOSTER RURAL ECONOMIC DEVELOPMENT UTILIZING FEDERAL RESEARCH OUTCOMES.Desc
Total Program Service Expenses$302,652TotalProgramServiceExpensesAmt
Described In Section501c3Yes (true)DescribedInSection501c3Ind
Schedule B RequiredYes (true)ScheduleBRequiredInd
Political Campaign ActyfalsePoliticalCampaignActyInd
Lobbying ActivitiesfalseLobbyingActivitiesInd
Subject To Proxy TaxfalseSubjectToProxyTaxInd
Donor Advised FundfalseDonorAdvisedFundInd
Conservation EasementsfalseConservationEasementsInd
Collections Of ArtfalseCollectionsOfArtInd
Credit CounselingfalseCreditCounselingInd
Donor Rstr Or Quasi EndowmentsfalseDonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentfalseReportLandBuildingEquipmentInd
Report Investments Other SecfalseReportInvestmentsOtherSecInd
Report Program Related InvstfalseReportProgramRelatedInvstInd
Report Other AssetsfalseReportOtherAssetsInd
Report Other LiabilitiesfalseReportOtherLiabilitiesInd
Include FIN48 FootnotefalseIncludeFIN48FootnoteInd
Independent Audit Fincl StmtfalseIndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtfalseConsolidatedAuditFinclStmtInd
School OperatingfalseSchoolOperatingInd
Foreign OfficefalseForeignOfficeInd
Foreign ActivitiesfalseForeignActivitiesInd
More Than5000 K To OrgfalseMoreThan5000KToOrgInd
More Than5000 K To IndividualsfalseMoreThan5000KToIndividualsInd
Professional FundraisingfalseProfessionalFundraisingInd
Fundraising ActivitiesfalseFundraisingActivitiesInd
Gaming ActivitiesfalseGamingActivitiesInd
Operate HospitalfalseOperateHospitalInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Grants To IndividualsfalseGrantsToIndividualsInd
Schedule J RequiredfalseScheduleJRequiredInd
Tax Exempt BondsfalseTaxExemptBondsInd
Engaged In Excess Benefit TransfalseEngagedInExcessBenefitTransInd
PY Excess Benefit TransfalsePYExcessBenefitTransInd
Loan OutstandingfalseLoanOutstandingInd
Grant To Related PersonfalseGrantToRelatedPersonInd
Business Rln With Org MemfalseBusinessRlnWithOrgMemInd
Business Rln With Fam MemfalseBusinessRlnWithFamMemInd
Business Rln With35 Ctrl EntfalseBusinessRlnWith35CtrlEntInd
Deductible Non Cash ContrifalseDeductibleNonCashContriInd
Deductible Art ContributionfalseDeductibleArtContributionInd
Terminate OperationsfalseTerminateOperationsInd
Partial LiquidationfalsePartialLiquidationInd
Disregarded EntityfalseDisregardedEntityInd
Related EntityfalseRelatedEntityInd
Related Organization Ctrl EntfalseRelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd OrgfalseTrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted PrtshpfalseActivitiesConductedPrtshpInd
Schedule O RequiredfalseScheduleORequiredInd
IRP Document5IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Employee0EmployeeCnt
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Foreign Financial AccountfalseForeignFinancialAccountInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Taxable Party NotificationfalseTaxablePartyNotificationInd
Nondeductible ContributionsfalseNondeductibleContributionsInd
Indoor Tanning ServicesfalseIndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst IncfalseSubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members4GoverningBodyVotingMembersCnt
Independent Voting Member4IndependentVotingMemberCnt
Family Or Business RlnfalseFamilyOrBusinessRlnInd
Delegation Of Mgmt DutiesfalseDelegationOfMgmtDutiesInd
Change To Org DocumentsfalseChangeToOrgDocumentsInd
Material Diversion Or MisusefalseMaterialDiversionOrMisuseInd
Members Or StockholdersYes (true)MembersOrStockholdersInd
Election Of Board MembersfalseElectionOfBoardMembersInd
Decisions Subject To ApprovafalseDecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (true)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (true)MinutesOfCommitteesInd
Officer Mailing AddressfalseOfficerMailingAddressInd
Local ChaptersfalseLocalChaptersInd
Form990 Provided To Gvrn BodyYes (true)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyfalseConflictOfInterestPolicyInd
Whistleblower PolicyYes (true)WhistleblowerPolicyInd
Document Retention PolicyYes (true)DocumentRetentionPolicyInd
Compensation Process CEOfalseCompensationProcessCEOInd
Compensation Process OtherfalseCompensationProcessOtherInd
Investment In Joint VenturefalseInvestmentInJointVentureInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1WES JUREYBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone8172289888PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11506 W PIONEER PARKWAY STE 204AddressLine1Txt
CityARLINGTONCityNm
State AbbreviationTXStateAbbreviationCd
ZIP76013ZIPCd
FieldValueIRS element (for citing)
No Listed Persons CompensatedYes (X)NoListedPersonsCompensatedInd

Form990 Part VII Section A Form990PartVIISectionAGrp (5 entries)

TitleTitleTxtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtOfficerOfficerInd
GURBAX SAHOTA
MEMBERYes (X)$0$0$0
MIKE CASSIDY
MEMBERYes (X)$0$0$0
REBECCA SINGER
MEMBERYes (X)$0$0$0
TONY JEFF
MEMBERYes (X)$0$0$0
WES JUREY
CEO$0$0$0Yes (X)
FieldValueIRS element (for citing)
Former Ofcr Employees ListedfalseFormerOfcrEmployeesListedInd
Total Comp Greater Than150 KfalseTotalCompGreaterThan150KInd
Compensation From Other SrcsfalseCompensationFromOtherSrcsInd
Government Grants$281,774GovernmentGrantsAmt
Total Contributions$281,774TotalContributionsAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$281,774TotalRevenueColumnAmt
FieldValueIRS element (for citing)
Info In Schedule O Part IXYes (X)InfoInScheduleOPartIXInd

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$79,418TotalAmt
Program Services$77,500ProgramServicesAmt
Management And General$1,918ManagementAndGeneralAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$1,397TotalAmt
Program Services$1,397ProgramServicesAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmt
OTHER CONTRACT LABOR$222,755$222,755
MISC EXPENSES$3,622$3,622
PAYROLL PROCESSING FEES$1,163$1,163
SUPPLIES$1,000$1,000

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$95TotalAmt
Management And General$95ManagementAndGeneralAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$309,450TotalAmt
Program Services$302,652ProgramServicesAmt
Management And General$6,798ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$47,762BOYAmt
EOY$20,086EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$32,498BOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$80,260BOYAmt
EOY$20,086EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$80,260BOYAmt
EOY$20,086EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$80,260BOYAmt
EOY$20,086EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$80,260BOYAmt
EOY$20,086EOYAmt
FieldValueIRS element (for citing)
Info In Schedule O Part XIYes (X)InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss-$27,676ReconcilationRevenueExpnssAmt
Other Changes In Net Assets-$32,498OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or ReviewfalseAccountantCompileOrReviewInd
FS AuditedfalseFSAuditedInd
Federal Grant Audit RequiredfalseFederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Public Organization170Yes (X)PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$642,245CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$179,904CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$348,525CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$70,540CurrentTaxYearMinus1YearAmt
Current Tax Year$281,774CurrentTaxYearAmt
Total$1,522,988TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$642,245CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$179,904CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$348,525CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$70,540CurrentTaxYearMinus1YearAmt
Current Tax Year$281,774CurrentTaxYearAmt
Total$1,522,988TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$7,040SubstantialContributorsTotAmt
Public Support Total170$1,515,948PublicSupportTotal170Amt
Total Support$1,522,988TotalSupportAmt
Gross Receipts Rltd Activities$65GrossReceiptsRltdActivitiesAmt
Public Support CY1700.99540PublicSupportCY170Pct
Public Support PY1700.99050PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (7 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990 - ORGANIZATION'S MISSIONTHE ATIP FOUNDATION'S PURPOSE IS TO SERVE AS A CATALYST FOR RURAL ECONOMIC DEVELOPMENT, THROUGH THE USE OF USDA RESEARCH OUTCOMES, MARKET ASSESSMENT, AND PATENTED TECHNOLOGIES. THE FOUNDATION SUPPORTS A STRATEGIC APPROACH TO THE FORMATION OF COLLABORATIVE PARTNERSHIPS, FACILITATING AND ENABLING THE INTEGRATION OF INDUSTRY, ACADEMIC, AND GOVERNMENT RESEARCH AND DISCOVERY WITH VENTURE CAPITAL AND TALENT AND KNOW-HOW. THE PRIMARY OBJECTIVE OF ATIP FOUNDATION IS TO CREATE NATIONALLY RECOGNIZED, INVESTOR BASED CONSORTIUMS OF AGRI-BUSINESSES, UNIVERSITIES, ECONOMIC DEVELOPMENT ENTITIES, AND VENTURE FUNDS FOR THE DEVELOPMENT, IMPLEMENTATION, AND COMMERCIALIZATION OF USDA TECHNOLOGY DISCOVERIES, IN ORDER TO DEVELOP, AND EXPAND THE AGRICULTURE INDUSTRY. THE FOUNDATION SPECIFICALLY SEEKS TO IMPROVE THE COMPETITIVENESS AND PROFITABILITY OF THE AGRICULTURE AND AGRI-BUSINESS INDUSTRY SECTORS.
FORM 990, PAGE 2, PART III, LINE 4ATHE FOUNDATION HAS FORMED A PUBLIC-PRIVATE PARTNERSHIP WITH ILSI NORTH AMERICA AND THE U.S. DEPARTMENT OF AGRICULTURE-AGRICULTURAL RESEARCH SERVICE TO OBTAIN COMPREHENSIVE FOOD COMPOSITION DATA FROM THE FOOD MANUFACTURERS AND MAKE IT PUBLICLY AVAILABLE THROUGH AN ENHANCED USDA NATIONAL NUTRIENT DATABASE TO THOSE WHO UTILIZE SUCH DATA INCLUDING THE FEDERAL AGENCIES, THE RESEARCH COMMUNITY, PROPRIETARY DATABASES AND END USERS, AND THE FOOD INDUSTRY. DURING THE FISCAL YEAR ENDING 9/30/23, THE FOUNDATION CONTINUED WORK ON ESTABLISHED INITIATIVES IN TEXAS, CALIFORNIA, AND OHIO, UTILIZING USDA RESEARCH OUTCOMES, TO FOSTER REGIONAL RURAL ECONOMIC DEVELOPMENT FROM FEDERAL RESEARCH OUTCOMES. THE FOUNDATION CONDUCTED FORUMS IN PARTNERSHIP WITH THE FEDERAL BIOMASS RESEARCH & DEVELOPMENT BOARD (BR&D), AND THE U.S. DEPARTMENT OF AGRICULTURE(USDA) IN 8 STATES TO PROVIDE INFORMATION ABOUT BR&D AND USDA RESEARCH OUTCOMES FOR THE PURPOSE OF CREATING JOBS AND ECONOMIC DEVELOPMENT; AND OBTAIN INPUT FROM PUBLIC AND PRIVATE SECTOR STAKEHOLDERS FOR BR&D AND USDA. THE FOUNDATION ESTABLISHED REPLICABLE MODELS IN PARTNERSHIP WITH USDA TO FOSTER RURAL ECONOMIC DEVELOPMENT UTILIZING FEDERAL RESEARCH OUTCOMES.
FORM 990, PAGE 6, PART VI, LINE 6MEMBERS
FORM 990, PAGE 6, PART VI, LINE 11BNO REVIEW WAS OR WILL BE CONDUCTED.
FORM 990, PAGE 6, PART VI, LINE 19DOCUMENTS AVAILABLE UPON REQUEST.
FORM 990, PART IX, LINE 11GDIRECTOR FEES 77,500 0 0 OTHER PROFESSIONAL SERVICES 0 1,918 0 TOTAL 77,500 1,918 0
FORM 990, PART XI, LINE 9ADJUSTMENT TO GRANTS RECEIVABLE -32,498