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Land O'Lakes VENTURE37
Land O'Lakes VENTURE37 reported $21.1 million in revenue and $21.1 million in expenses for calendar year 2025. Of every $100 it spent, $81.27 went to program services, $18.73 to management and general costs and $0.00 to fundraising. Its largest source of revenue was contributions and grants: 99.3% of the total. Government grants made up 72.5%. The highest compensation it reported for one person was $1,571,838 (SENIOR VICE PRESIDENT). Revenue fell 20% between 2020 and 2025. Source: Form 990, 2025.
Where $100 of spending went
Calendar year 2025 · Form 990, Part IX, line 25 · total expenses $21MFor context, the median across 469 covered international, foreign affairs & national security charities: $89.04 programs, $8.28 management, $2.68 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
Calendar year 2025 · Form 990, Part VIII · total revenue $21MThe 990 scorecard · same measures for every charity, no grades
| Measure | 2025 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 81.3% | 86.1% |
| Management & general Part IX 25(C) ÷ 25(A) | 18.7% | 8.0% |
| Fundraising Part IX 25(D) ÷ 25(A) | 0.0% | 2.6% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.00 | $0.03 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 99.3% | 96.6% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 72.5% | 0.0% |
| Program service revenue share Part VIII 2g ÷ 12 | 0.0% | 0.0% |
| Highest reported compensation Part VII-A, columns D–F | $1,571,838 | $341,362 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 7.44% | 1.06% |
| People paid over $100,000 Part VII, line 2 | 0 | 10 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 1.6 | 7.5 |
| Independent voting board members Part VI 1a–1b | 0 of 3 | 100.0% |
A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.
What the money paid for, in its own words
2025 · Form 990, Part III · the three largest programs by expenseLand o'lakes venture37 provides in-kind, financial and technical assistance to communities and individuals in developing countries. Projects implemented in 2025 included the following:bangladesh:the usda-funded bangladesh trade facilitation project (btf) will expand regional and international trade in agricultural goods by addressing systemic constraints to agricultural trade at bangladeshi ports; simplifying and automating import and export processes; improving the capacity of government agencies, laboratories, and warehouses; and by fostering private and public investment, especially in…
Highest reported compensation
2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| SENIOR VICE PRESIDENT Director/trustee, officer, 35.00 hrs/week | $0 | $1,541,691 | $30,147 | $1,571,838 |
| GROUP DIRECTOR - OPERATIONS Director/trustee, officer, 40.00 hrs/week | $0 | $293,733 | $21,763 | $315,496 |
| MONITORING, EVALUATION & LEARNING Highest compensated employee, 40.00 hrs/week | $0 | $262,262 | $29,291 | $291,553 |
| BANGLADESH TRADE FACILITATION Highest compensated employee, 40.00 hrs/week | $0 | $258,996 | $30,409 | $289,405 |
| DIRECTOR, HUMAN RESOURCES Highest compensated employee, 40.00 hrs/week | $0 | $205,591 | $26,828 | $232,419 |
0 people received more than $100,000 in reportable compensation from Land O'Lakes VENTURE37 (Part VII, line 2).
6 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means- Voting board members, and how many are independent Part VI, lines 1a–1b3 · 0 independent
- Audited financial statements Part XII 2bYes
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13Yes
- Document retention policy Part VI 14Yes
- Independent process for top executive pay Part VI 15aNo
- Board given the 990 before filing Part VI 11aNo
- Family or business ties among insiders Part VI 2No
- Aware of a significant diversion of assets Part VI 5No
- Excess benefit transaction with an insider Part IV 25aNo
- Loans to or from insiders outstanding Part IV 26No
- Lobbying, or a 501(h) election in effect Part IV 4No
- Over $15,000 of professional fundraising services Part IV 18No
- Over $10,000 of activity outside the U.S. Part IV 14bYes
- Employees Part I, line 50
- Volunteers Part I, line 65
Private foundation grants it received
1 private foundation reported grants to Land O'Lakes VENTURE37 totaling $2.0M on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.
Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.
Correct a figure or respond
Every number above is copied from Land O'Lakes VENTURE37's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Land O'Lakes VENTURE37, you can publish a response that is linked from this page.
Share or embed this breakdown
Of every $100 Land O'Lakes VENTURE37 spent in 2025, $81.27 went to programs. The full breakdown, from its IRS Form 990:
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Questions people ask
How much of Land O'Lakes VENTURE37's spending goes to programs?
In calendar year 2025, Land O'Lakes VENTURE37 reported that 81.3% of its $21.1 million in expenses went to program services, 18.7% to management and general and 0.0% to fundraising (Form 990, Part IX).
How much does Land O'Lakes VENTURE37 pay its top executive?
The largest total compensation Land O'Lakes VENTURE37 reported for one person in calendar year 2025 was $1,571,838, for the role of SENIOR VICE PRESIDENT (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Land O'Lakes VENTURE37 get its money?
Of $21.1 million in revenue in calendar year 2025, 99.3% came from contributions and grants (including 72.5% from government grants) and 0.0% from program service revenue (Form 990, Part VIII).
Is Land O'Lakes VENTURE37 a registered charity?
The IRS lists EIN 47-4378405 as a 501(c)(3) organization (publicly supported organization (170(b)(1)(a)(vi))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2020, 2021, 2022, 2023, 2024, 2025. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- 2025: Form 990 for calendar year 2025, object 202601759349301235 · read the filing · XML
- 2024: Form 990 for calendar year 2024, object 202513039349300626 · read the filing
- 2023: Form 990 for calendar year 2023, object 202422369349300417 · read the filing
- 2022: Form 990 for calendar year 2022, object 202322569349301137 · read the filing
- 2021: Form 990 for calendar year 2021, object 202202909349301630 · read the filing
- 2020: Form 990 for calendar year 2020, object 202132869349302258 · read the filing
All filings for EIN 47-4378405: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.