Farm Credit Foundation for Agricultural

WESTMINSTER, MD EIN: 81-0945517

The Farm Credit Foundation for Agricultural Advancement is a 501(c)(3) nonprofit foundation established in 2015 to advance the future of agriculture through financial support and educational initiatives. Headquartered in Westminster, Maryland, the foundation operates with a small staff and focuses on supporting the next generation of agricultural professionals through scholarships and community education programs.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$7.7M

+0.5% YoY

Annual Giving

$390K

+9.2% YoY

Grant Count

45

+0.0% YoY

Avg Grant Size

$9K

+9.2% YoY

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

The foundation's mission is to advance the future of agriculture by providing scholarships to students pursuing careers in agriculture. Primary funding areas include:

  • Academic Scholarships: Scholarships for high school seniors and students enrolled in two- or four-year higher education programs or technical schools planning to pursue agricultural careers
  • Agricultural Education Scholarships: Scholarships for high school agriculture teachers pursuing advanced degrees or continuing education credits
  • Community Education: Funding for educational initiatives in agriculture

Grantmaking

Grant Range

$10,000

How to Apply

**

Ready to take the next step with Farm Credit Foundation for Agricultural?

Geographic Focus

Where this funder awards grants

The foundation awards scholarships to applicants residing within Horizon Farm Credit's 100-county territory or in Washington, D.C.

Grant Distribution by State

25states
+17 more states

Cities

AmesBaton RougeBeckleyBedfordBlackburgsBlacksburgBloomsburgBridgewaterCamdenCamp HillCharlestonCharlottesvilleCobleskillCollege ParkCollege StationColumbiaColumbusCoopersburgCorvallisDavis

Financial History

Multi-year comparison from IRS filings

Assets & Revenue (2024):

  • Total assets: $7,730,046
  • Total revenues: $548,848
  • Total expenses: $503,838
  • Annual distributions: $369,000

Historical Giving:

  • Since inception in 2015, the foundation has awarded more than $1.6 million through scholarships and community education programs
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$856K$2M$3M$3M20202021202220232024
Metric202420232022
Total Assets$7,730,046$7,690,036$7,873,030
Revenue$548,848$271,282$3,113,234
Expenses$503,838$444,276$383,123
Qualifying Distributions$436,987$369,426$338,144
Net Investment Income$495,222$219,682$126,167
Distributable Amount$456,133$417,932$368,935

Giving Over Time

Total grant dollars and number of grants per year

$0$98K$195K$293K$390K40 grants202034 grants202130 grants202245 grants202345 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

NUFFIELD USA$20KBLUE RIDGE CTC FOUNDATION$10KDELAWARE STATE UNIVERSITY$10KDELAWARE STATE UNIVERSITY$10KIOWA STATE UNIVERSITY$10KKANSAS STATE UNIVERSITY …$10KLANCASTER COUNTY CTC$10KNORTHWEST IOWA COMMUNITY…$10KNORTHWEST MISSOURI STATE…$10KPENNSYLVANIA COLLEGE OF …$10K

Grant Size Distribution

194 grants across all recorded years

194<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Leadership team and compensation from IRS filings

  • Travis Hastings - Chairperson
  • Julie Bolyard - Board of Directors Chair, Officer
  • Brian Rosati - HFC Employee/Vice Chair
  • John Wheeler - Secretary/Treasurer
  • Laura Heilinger - Officer
  • Kurt Fuchs - HFC Employee/Officer
  • Gail Yeiser - Officer
  • Darrell Curtis - Officer
  • Kevin Grim - Officer
  • Charles Wright IV - Officer

Compensation Overview

From 2024 IRS filing

JOHN WHEELERSECRETARY/TREASURER$6KGAIL YEISEROFFICER$4KDARRELL CURTISOFFICER$3KTRAVIS HASTINGSCHAIRPERSON$2KJULIE BOLYARDOFFICER$2KKEVIN GRIMOFFICER$2KSHARON MCCLELLANOFFICER (FROM 7/2024)$1KLAURA HEILINGEROFFICER (UNTIL 6/2024)$818

From 2024 filing

NameTitleHoursCompensation
TRAVIS HASTINGSCHAIRPERSON2$2,349
BRIAN ROSATIHFC EMPLOYEE/VICE CHAIR2
LAURA HEILINGEROFFICER (UNTIL 6/2024)2$818
JOHN WHEELERSECRETARY/TREASURER8$5,796
JULIE BOLYARDOFFICER2$2,014
GAIL YEISEROFFICER2$3,758
DARRELL CURTISOFFICER2$3,387
KEVIN GRIMOFFICER2$1,746
SHARON MCCLELLANOFFICER (FROM 7/2024)2$1,106

Recent News & Activity

Recent developments and announcements

2025

The foundation announced its 2025 Scholarship Program in September 2024, offering at least 20 scholarships valued at up to $10,000 each to students dedicated to pursuing careers in agriculture. Applications were accepted through January 3, 2025, with scholarships awarded in April 2025.

Applications Now Open for Farm Credit Foundation for Agricultural ...

The foundation continues to expand its support for agricultural education, welcoming applicants across diverse agricultural career paths including farmers, food scientists, mechanics, and agriculture teachers.

Applications Now Open for Farm Credit Foundation for Agricultural ...

Related Funders

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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.

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