Agricultural Development Fund

Public charity · Grantmaker Fort Worth, TX EIN: 75-1824668

To promote the breeding of better livestock by exhibition and auction in connection with the southwestern exposition and livestock show.

Agricultural Development Fund at a glance

In short: Agricultural Development Fund gave $40K across 1 grant in 2026 (avg $40K), mostly in Texas. Source: 2026 IRS Form 990.

Annual giving (2026)
$40,000
+14.3% vs 2025
Grants made (2026)
1
+0.0% vs 2025
Average grant
$40,000
+14.3% vs 2025
Median grant
$40,000
Total assets
$1,632,550
+5.3% vs 2025
Primary geography
Texas (100% of itemized 2026 grant dollars)
Latest 990 filing
Form 990, 2026 View filing

Data from IRS Form 990, 2026; updated September 2026.

Who Agricultural Development Fund funds

How this funder distributes its grants

Top Recipients

Top recipient in 2026

Southwestern Exposition and Livestock Show: $40KSouthwestern Exposition andLivestock Show$40K

The largest 2026 recipient was Southwestern Exposition and Livestock Show ($40K).

Grant Size Distribution

5 grants across all recorded years

4<$50K1$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 4 grants of 5 (80%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of the 2026 grant dollars on its one itemized grant.

States

Cities

Fort Worth

How Agricultural Development Fund gives

  • Giving fell 48% from 2023 to 2026. Method

From the foundation's IRS Form 990 filings. Methodology.

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$20K$40K$60K$80K0 grants2020 0 grants2021 1 grant2022 1 grant2023 1 grant2024 1 grant2025 1 grant2026

From 2022 to 2026, annual grant giving ranged from $25K (2024) to $77K (2023). In 2026 it made 1 grant totaling $40K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Southwestern Exposition and Livestock Show Fort Worth, TXScholarships$40,000
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsNet Investment Income
2026$1,632,550$443,020$360,493$40,0001$49,874
2025$1,550,023$437,168$255,850$35,0001$47,278
2024$1,368,705$595,328$239,459$25,0001$27,423
2023$1,012,836$301,574$288,738$77,0001$5,104
2022$1,257,000$6,712,594$6,723,807$41,5001$1,614
2021$1,011,213$71,313$15,839——$1,951
2020$1,191,312$5,298,585$5,316,149——$6,958

About Agricultural Development Fund

Based on IRS filings

Agricultural Development Fund is a public charity, based in Fort Worth, TX. IRS filing data is available from 2020 through 2026. As of 2026, the organization holds $1.6M in total assets. In 2026, it awarded 1 grant totaling $40K. Net investment income was $50K.

Leadership & Key People

Officers and directors from IRS filings

Agricultural Development Fund is led by Matthew R. Carter, President & Director on every filing since 2023; none of the 6 officers listed in 2026 report compensation.

Officers on the 2026 filing

  • Matthew R. Carter

    President & Director

    On filings since 2023

    1 hr/week

    No compensation reported

  • Breck Ray

    Director

    On filings since 2020

    0.1 hrs/week

    No compensation reported

  • Charlie Royer III

    Vice President & Director

    On filings since 2023

    0.2 hrs/week

    No compensation reported

  • Bradford S. Barnes Partial Year

    Director

    New on the 2026 filing

    0.5 hrs/week

    No compensation reported

  • Daniel Brezik Partial Year

    Secretary, Treasurer & Director

    New on the 2026 filing

    0.5 hrs/week

    No compensation reported

  • Kimberly Dewoody Partial Year

    Secretary, Treasurer & Director

    New on the 2026 filing

    0.5 hrs/week

    No compensation reported

Former officers (5)
  • Former: Bradford S. Barnes (2020–2025) — Director
  • Former: Kimberly Dewoody (2023–2025) — Secretary, Treasurer & Director
  • Former: Wr Watt Jr Partial Year (2023) — Director
  • Former: Jr Williams III (2020–2022) — President & Director
  • Former: Wr Watt Jr. (2020–2022) — Vice President & Director

Data from IRS Form 990 filings, 2020–2026. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Frequently asked questions about Agricultural Development Fund

How much does Agricultural Development Fund give each year?

Agricultural Development Fund gave $40K across 1 grant in 2026, according to its 2026 IRS Form 990. In 2025 it gave $35K across 1 grant.

How large is Agricultural Development Fund?

Agricultural Development Fund reported $1.6M in total assets on its 2026 IRS Form 990. Its revenue that year was $443K.

Where does Agricultural Development Fund operate?

Agricultural Development Fund has awarded grants in Texas.

What is Agricultural Development Fund's EIN?

Agricultural Development Fund's EIN (Employer Identification Number) is 75-1824668. IRS Form 990 filing data is available on this page for 2020–2026.

Data last updated September 2026. Sourced from IRS Form 990 filings.

Data update history

(5)

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990 for fiscal year 2022 (received by the IRS August 9, 2022)
  2. Updated Form 990 for fiscal year 2023 (received by the IRS August 14, 2023)
  3. Updated Form 990 for fiscal year 2024 (received by the IRS August 19, 2024)
  4. Updated Form 990 for fiscal year 2025 (received by the IRS August 13, 2025)
  5. Added Form 990 for fiscal year 2026 (received by the IRS August 13, 2026)

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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from Agricultural Development Fund's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.

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