Farm Income Improvement Foundation

LOUISVILLE, KY EIN: 31-1525389

Farm Income Improvement Foundation is a private foundation focused on Food, Agriculture & Nutrition, based in LOUISVILLE, KY. IRS filing data is available from 2020 through 2023. In 2023, it awarded 3 grants totaling $64K. Net investment income was $47.

Financial Overview

From 2023 IRS Form 990-PF · View filing

Total Assets

—

-100.0% YoY

Annual Giving

$64K

+1180.0% YoY

Grant Count

+200.0% YoY

Avg Grant Size

$21K

+326.7% YoY

Under IRS private-foundation payout rules, Farm Income Improvement Foundation reported a distributable amount of $3K for 2023 — the minimum it must pay out in qualifying distributions.

About Farm Income Improvement Foundation

Based on IRS filings

Focus Areas

Food, Agriculture & Nutrition

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Kentucky $54K (71%)

Tennessee $22K (29%)

States

Kentucky Tennessee

Cities

CampbellsvilleColumbiaJacksonLouisvilleScottsville

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2023	2022	2021
Total Assets	—	$72,237	$73,139
Revenue	$47	$58	$64
Expenses	$67,254	$5,960	$7,756
Qualifying Distributions	$66,185	$5,945	$7,741
Net Investment Income	$47	$58	$64
Distributable Amount	$2,851	$3,600	$3,937

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 3 recipients in 2023

Grant Size Distribution

6 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2023 grants, the largest include Kentucky Farm Bureau Federation ($32,000), Tennessee Farm Bureau Federation ($22,000), Burley & Dark Tobacco Producer Association ($10,000).

Recipient	Purpose	Amount
BURLEY & DARK TOBACCO PRODUCER ASSOCIATION SCOTTSVILLE, KY	ANNUAL MEETING SPONSORSHIP	$10,000
KENTUCKY FARM BUREAU FEDERATION LOUISVILLE, KY	BEEF TOUR AND CERTIFIED FARM MARKET TOUR SPONSORSHIP	$32,000
TENNESSEE FARM BUREAU FEDERATION COLUMBIA, TN	INDUSTRY PARTNER AND FARM EDUCATION MEETING SPONSORSHIP	$22,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2023 IRS filing

From 2023 filing

Name	Title	Hours	Compensation
MARK HANEY	PRESIDENT	0.1	—
EDDIE MELTON	FIRST VICE PRESIDENT	0.1	—
SHARON FURCHES	SECOND VICE PRESIDENT	0.1	—
DREW GRAHAM	SECRETARY/TREASURER	0.1	—
AL PEDIGO	DIRECTOR	0.1	—
BARRY BUSH	DIRECTOR	0.1	—
DARRELL VARNER	DIRECTOR	0.1	—
ERIC MAYBERRY	DIRECTOR	0.1	—
LARRY CLARK	DIRECTOR	0.1	—
RHEDONA ROSE	DIRECTOR	0.1	—
SHANE WISEMAN	DIRECTOR	0.1	—

Subject Areas

Focus areas based on grantmaking activity

Food, Agriculture & Nutrition

Frequently Asked Questions

What is Farm Income Improvement Foundation?

Farm Income Improvement Foundation is a private foundation focused on Food, Agriculture & Nutrition, based in LOUISVILLE, KY. It holds — in total assets as of 2023.

Where does Farm Income Improvement Foundation operate?

Farm Income Improvement Foundation has awarded grants in Kentucky, Tennessee.

What size grants does Farm Income Improvement Foundation award?

In 2023, Farm Income Improvement Foundation awarded 3 grants totaling $64K — an average of about $21K per grant, based on its IRS Form 990 filings.

How much is Farm Income Improvement Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2023, Farm Income Improvement Foundation reported a distributable amount of $3K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Farm Income Improvement Foundation's EIN?

Farm Income Improvement Foundation's EIN (Employer Identification Number) is 31-1525389. IRS Form 990 filing data is available on this page for 2020–2023.