2015 PROGRESS REPORT & 2014 ANNUAL REPORT The Holstein Foundation educates and develops future leaders for a vibrant dairy community. www.holsteinfoundation.org A Message from our Chairman Dear Holstein Foundation Supporters and Friends, As I was contemplating my thoughts for this, my first message as trustee chairman, I reflected on the many thank-you notes I have received from young people across the nation who have participated in the numerous programs made available to our youth by the Holstein Foundation. These notes are both gracious and well-written, and are about what Dairy Bowl, Dairy Jeopardy, and all the other programs have become in youth development and leadership. These young people are the future of our industry, and participation in these programs is providing them ACTIVITIES SINCE the skills to be tomorrow’s leaders. The Young Dairy OUR LAST REPORT: Leaders Institute (YDLI) has provided leadership skills and networking opportunities to so many young adults who are • 3,088 free workbook now governing many aspects of our industry. We are very downloads fortunate that past Holstein leadership had the foresight • 7,335 average unique and saw the need to pioneer the beginnings of the Holstein visitors monthly to the Foundation. These pioneers need to be commended for website their guidance and their generous financial support. • 3,719 Facebook fans • 91 participants in national The continued success of the programs offered is due dairy jeopardy contests to the many generous sponsors and contributors to our • 35 teams in national dairy annual appeal listed in this brochure. You will also find, in bowl competitions detail, the finances of the Holstein Foundation; the monies are soundly invested and have done well this past year. • 6,700 free youth dairy Also this past year the Backus Fund was indeed a success, show ribbons with over $66,000 in contributions. This is a scholarship • 516 graduates from program, named in honor of Horace Backus, to provide a Young Dairy Leaders YDLI scholarship to a young dairyman or woman. Many Institute (YDLI) since thanks to fellow trustee Joel Hastings, who, with others, inception in 1994 from saw the need to provide such an opportunity, with the first 44 states and 5 countries recipient attending YDLI Class 9 this past February. To each of you who have contributed, on behalf of my fellow trustees, a sincere thank you for your commitment and belief in the Holstein Foundation. Not to rest on past achievements, the present trustee board is committed to continually strive to improve all aspects of the Foundation. This past year we defined some new goals and objectives, but they will also require additional resources. Please consider the Holstein Foundation in your charitable giving plans. As a final word, I would like to thank my fellow trustees and the staff at Holstein Association USA for all their support and commitment to the programs offered by the Holstein Foundation. I especially want to recognize Joel Hastings and Rob Kolb, who are retiring from the trustee board. Both gentlemen have made great contributions to the Foundation and will be greatly missed. Their passion and drive for our industry are tremendous and have supported the Holstein Foundation’s mission: educating and developing future leaders for a vibrant dairy community. Thank you. Tom Thorbahn, Holstein Foundation Chairman 2014 Statement of Financial Position HOLSTEIN FOUNDATION, INC. DECEMBER 31, 2014 with summarized information for the year ended December 31, 2013 2014 2013 ASSETS Cash and cash equivalents $ Pledges receivable, net Investments Prepaid expense Total assets 312,177 $ 240,827 97,880 50,421 5,907,835 5,794,047 6,800 5,569 $ 6,324,692 $ 6,090,864 $ $ 3,063 LIABILITIES Accounts payable 3,958 Deferred revenue 28,100 12,000 Total liabilities 32,058 15,063 Undesignated 682,534 644,152 Board designated 514,697 506,470 Total unrestricted Temporarily restricted 1,197,231 1,649,144 1,150,622 1,536,211 Permanently restricted 3,446,259 3,388,968 Total net assets 6,292,634 6,075,801 NET ASSETS Unrestricted: Total liabilities and net assets $ 6,324,692 $ 6,090,864 The Statements of Activities and Financial Position were audited by Gallagher, Flynn & Co., LLP of Burlington, VT. Copies of the complete report are available upon request. 2015 Dairy Bowl Sportsmanship Award presented to Iowa Seniors ©Holstein World/Randy Blodgett 2014 Statement of Activities with summarized information for the year ended December 31, 2013 REVENUES AND GAINS Revenues: Contributions In kind support Holstein Association USA, Inc. Program fees - Youth programs Miscellaneous income Total revenues Gains and reclassifications: Net investment return Net assets released from restrictions Total gains and reclassifications Total revenues and gains EXPENSES Program expenses: Young Dairy Leaders Institute Youth Programs Dairy Bowl Dairy Jeopardy Total program expenses Supporting expenses: Management and general Fundraising Total supporting expenses Total expenses INCREASE IN NET ASSETS NET ASSETS, beginning of year NET ASSETS, end of year HOLSTEIN FOUNDATION, INC. DECEMBER 31, 2014 2014 Temporarily Permanently Unrestricted Restricted Restricted Total 2013 Total $ 163,086 $ 82,083 $ 57,291 $ 302,460 $ 192,290 7,000 14,065 295 184,446 82,083 57,291 7,000 14,065 295 323,820 7,000 15,891 278 215,459 13,938 30,875 44,813 229,259 61,725 ( 30,875 ) 30,850 112,933 57,291 75,663 30,850 399,483 645,707 645,707 861,166 117,943 11,056 8,319 3,242 140,560 - - 117,943 11,056 8,319 3,242 140,560 111,902 17,830 10,534 7,757 148,023 34,955 7,135 42,090 182,650 - - 34,955 7,135 42,090 182,650 35,360 24,386 59,746 207,769 46,609 112,933 57,291 216,833 653,397 1,150,622 1,536,211 3,388,968 6,075,801 5,422,404 $ 1,197,231$1,649,144 $3,446,259 $6,292,634 $6,075,801 “The Holstein Foundation educates and develops future leaders for a vibrant dairy community.” Our new mission statement illustrates that education is the bedrock of everything we do at the Foundation. Across the country, we serve youth and young adults who are involved with all dairy cattle breeds, helping them develop their potential as leaders of the dairy industry. The Young Dairy Leaders Institute, now in its twenty-second year, is the cornerstone of our educational outreach. The Holstein Foundation runs other programs that further our mission for youth ages 9 through 21, including: • Dairy Bowl: Teams of four compete to answer questions related to the dairy industry • Dairy Jeopardy: Youth compete to answer questions related to the dairy industry, in a format based on the popular TV game show, • Dairy Knowledge exam: a 25-question written quiz about the dairy industry • Educational workbooks • Support and ribbons for youth participating in local dairy shows 2015 Dairy Jeopardy Champions —Senior Division left: 2015 Junior Dairy Bowl Champions —Illinois Excite Educate The Young Dairy Leaders Institute is a nationally recognized three-phase leader and communication skills development program for young adults (ages 22-45) working in the dairy industry, with all breeds of cattle. Each participant develops top-tier skills and the personal network needed to succeed in today’s dairy business. Chandler Goule, center, the 2015 Young Dairy Leaders Institute Distinguished Alumnus, with John Meyer and Tom Thorbahn. YOUNG DAIRY LEADERS INSTITUTE CLASS 9 SUPPORTERS PLATINUM SPONSORS ® Empower “YDLI has motivated and inspired me at a time in my life where I have been feeling stuck, stressed, and stagnant. It has given me something to strive for, goals to achieve, and positive energy to move forward.” “Empowerment!” “Wow, what an incredible opportunity to grow together, feel together, and really make a lasting connection. I’ve met my people.” “YDLI has taken me from complacency to promote our way of life to a new commitment of advocacy to our industry.” Northeast Agricultural Education Foundation, Inc. NAEF Growing ideas. Feeding minds. GOLD SPONSORS Cargill Animal Nutrition Deere & Company SILVER SPONSORS Accelerated Genetics Center for Dairy Excellence GEA Farm Technologies, Inc. Pennsylvania Dairymen’s Association BRONZE SPONSORS COBA/Select Sires Farm Credit Northeast AgEnhancement Merial Ltd. Select Sires GenerVations NAEF Northeast Agricultural Education Foundation, Inc. Growing ideas. Feeding minds. NAEF 2014 Consecutive Donors FOSTERING LONG-TERM GROWTH & CONTINUAL IMPROVEMENT 20+ CONSECUTIVE YEARS Richard Chichester, VA Ruprecht Farm LLC, OH Donald & Geraldine Seipt, PA 5+ CONSECUTIVE YEARS Kylene Anderson, WI Mike & Margaret Beaumont, WI Andrew & Sarah Birch, VT Bonnie Burr, CT 15+ CONSECUTIVE YEARS George & Diane Cashell, PA Linda L. Church, VT Center for Dairy Excellence, PA Judy & Charles Iager, MD CHS Foundation, MN Rod Stoll, IL Carl W. Cipperly, NY Tom & Linda Thorbahn, OH COBA/Select Sires, OH Kerwin & Marilyn Cordes, WI 10+ CONSECUTIVE YEARS Maurice & Doris Desjardins, CT John & Bonnie Ayars, OH Eastglen Jersey Farm, SC Cargill Animal Nutrition, WI GEA Farm Technologies, Inc., IL Frank E. & Marion Conyngham, PA Hoard’s Dairyman, WI John & Helen Cope, PA Iowa Junior Holstein Association, IA Richard & Jeanne Coyne, NY Jodi & Carl Hoynoski, MA William H. & Tammy Crown, IL Matt & Laura Iager, MD Kathy & Richard Demmer, IA Katherine L. Lee, MI Jeffrey & Kelli Dunklee, VT Manolo Blahnik USA, Ltd., NY Robert E & Helen R. Foss, ME Robert & Linda Marshman, NY Robert D. Heilman, VA Carol S. McComb, VA Hidden View Farm LLC, NY Kristy McComb, VA George & Pippin Miller, OH John M. & Vicki Meyer, VT Richard Nelson, TX Arthur W. Nesbitt, WI Northeast Agricultural Education Foundation, NY Frank & Linda Panciera, RI Michele L. Ruby, OR Lorilee Schultz, IL Skidmore Family, CA Molly & Matt Sloan, WI Wadell Dairy Farm, LLC, MI Kathryn Walker, OR John Wikman, WI Loren & Helen Zimmerman, PA Horace Backus YDLI Scholarship Fund Donors The Horace Backus YDLI Scholarship Fund supports one young dairyman or woman to attend the Young Dairy Leaders Institute (YDLI) each year. The fund honors the legacy of Horace Backus, “the Dean of Pedigrees,” who is widely known for his remarkable knowledge of Holstein genetics and lifetime of experience in dairy sales. Aurora Ridge Dairy, NY Horace Backus, NY Tom & Betty Beach, NY Henry & Carol Beneke, NY C Rayford & Eugenia Bennett, GA John & Nancy Bierbaum, MN Douglas G. Blair, BC Glen & Frankie Jean Brown, UT Albert & Judith Buckbee, NY Wisner & Gladys Buckbee, NY James R. & Nina P. Burdette, PA Burket Falls Farm, PA Bonnie Burr, CT Arlin & Norma Buttke, NC Carlwood Farm LLC - Doug Carlson & Sandy Boardman, CT Richard & Mary Chase, NY David & Debie Chlus, NY Frank E. & Marion Conyngham, PA Gordie & Beth Cook, MA William J. Cook, NY John & Helen Cope, PA Maurice E. Core, OH Creedin & Ellen Cornman, PA Co-Vale Holsteins LLC The Cates Family, NY Co-Vista Holsteins, NY Richard & Jeanne Coyne, NY Robert & Melanie Cruikshank, NY Currie Holsteins LLC, NY Dairy Agenda Today, Dallas Burton, KS Daniel Brandt Pedigrees, PA Julie DeLavergne, OH Michael Johnson of Trailside Holsteins LLC, in Fountain, Minnesota, is the first winner of the Horace Backus Scholarship. Pictured are Michael, his wife, Margaret, their sons, Sawyer, two, and Levi, five months, and Horace Backus. John & Denise Dickinson, NY Charles B. Elwell, MA David C. Falk Sr., NC Farmshine, PA Joseph & Mary Sue Fisher, NY Paul C. Fleming, NY David Galton, NY M. Duane & Grace Green, MI Tom & Diedra Harkenrider, NY Harmony Farms, LLC, MD Joann Hartman, IL Robert D. Heilman, VA Bernard & Susan Heisner, IL Mark Henning, NY Kip & Marilyn Herzog, CA Kathleen Hoff, MD HolsteinWorld partners: Joel Hastings, John Montandon & Scott Smith, NY Aaron & Meagan Horst, PA Jay & Gladys Houser, PA Bill Hughes, VA Patti Hurtgen, WI Gary & Patricia Janssen, IL Kevin Jorgensen, WI Pete & Shellie Kappelman, WI Richard & Shirley Keene, NY Thomas & Margaret Kelly, PA William & Jean Kent, NY David & Lou Anne King, NY Kings-Ransom Farm, LLC, NY Robert & Virginia Knutsen, MD Thomas Kugler, NY Gordon & Peggy Lamb, NY Lantland Farms LTD, NY Lew-Lin Farms, NY Lismore Dairy, NY Douglas & Beverly Long, MI Christopher McKown & Abigail Johnson, MA Ken Melvold, CA John M. & Vicki Meyer, VT George A. Miller, OH Tom & Sandy Morris, WI Jeffrey & Lesa Mulligan, NY Jason & Donna Myers, MD Marlowe E. Nelson, WI New York Holstein Association, Inc. In Memory of R. Keene, NY William C. & Lilly A. Nichol, PA Harry & Helen Papageorge, UT Pennsylvania Holstein Association, PA Pleasant View Farm, NY Sherman & Phyllis Polinder, WA Scott Racha, NY Dave & Merry Rama, NY Ransom Rail Farms, Inc., NY John & Marcia Remsberg, Jr., MD Remsburg Sale Service, MD Ridgedale Farm, NY Genie Lorenzo Roberts, NJ Rockhill Dairy, LLC, NM Ida Ruby, OR Michele L. Ruby, OR Lorilee Schultz, IL Donald & Geraldine Seipt, PA Select Sires, Inc., OH Dean & Carrie Sharp, NY Siemers Holstein Farm, Inc., WI Sam & Gail Simon, NY Singing Brook Farms, PA Skiff Farms Inc., NY St. Jacobs ABC, Tim & Sharyn Abbott, Clark & Lois Woodmansee, Peter & Lyn Vail St. Jacobs Animal Breeding Corp, VT Bertram Stewart, ON Stitzel’s Waterpoint Farms, Inc., NY Taurus Service, Inc., PA Thomas & Linda Thorbahn, OH Roger & Brenda Turner, WI Kenneth Umble, PA Hank & Carolyn Van Exel, CA Dr. Robert & Janice Walton, WI Waterman Farms, Inc., ME Michael & Cynthia Weimer, PA Don & Joyce Welk, PA Elmo Wendorf Jr., WI Willet Dairy, LLC, NY Dennis C. & Josey A. Wolff, PA 2014 Memorial Gifts In Memory of Alton “Tony” Pagel David & Madge Alberts, MN In Memory of Dale C. Mackenthun Steven & Nancy Peterson, MN In Memory of Doug Maddox Hank & Carolyn Van Exel, CA In Memory of Glenn Smith Kerwin & Marilyn Cordes, WI In Memory of James Borcherding Linda Pagel, IA In Memory of Joan Hill Richard Nelson, TX In Memory of Judge John J. Crown William H. & Tammy Crown, IL In Memory of Leslie Lyons Steven & Nancy Peterson, MN In Memory of Marlowe Nelson Angie & Mark Ulness, WI In Memory of Michael Hudyncia D. M. Cartner, NC Cold Springs Farm, NY Gale M. Hatch, NY Alex & Joann Hudyncia, NY Karen Hudyncia, NY Mary Hudyncia, NY Richard A. Hudyncia, NY Hu-Hill Farm, LLC, NY Mark Brody & Bonnie Hyland, NY Jane & Charles Karker, NY Stephen Leve, NY Kathy M. Swartz, NY David E. Webb, NY Charles & Mary Weingart, NY In Memory of Richard Keene Henry & Kerry Adams, NY Larry & Barbara Ainslie, NY Nancy L. Anton, NY Wayne & Janice Arnold, NY Shirley & Ted Bergey, MA Niles Brown, NY Clear Echo Farm, LLC, Kevin Peck, NY Community Bank, N.A., NY Gordie & Beth Cook, MA John & Helen Cope, PA DDGS/CHS Group, MN Arnold & Sharyon Dueppengiesser, NY Farm Credit East, CT Joseph & Mary Sue Fisher, NY Paul C. Fleming, NY Corey Geiger & Krista Knigge, WI Paul & Gini Griffen, NY The Steven Griffen Family, NY Tom & Diedra Harkenrider, NY Jenny Harmyk, NY Joann Hartman, IL Kip & Marilyn Herzog, CA Holstein Association USA, Inc., VT John & Ann Howard, NY Ruth M. Hoyt, NY Judy & Charles Iager, MD David & Mary Jackson, NY Helen Jasnosz, Will Matukonis, Tess & Dale Fellows, NY David & Catherine Johnson, NY Jeff & Becky King, NY David & Kimberly Kramer, NY Jonathan & Alicia Lamb, NY Archie & Gertrude Meek, NY Jenny & Jon Mills, NY Kristin Moffeit, NV Jason & Donna Myers, MD Arthur W. Nesbitt, WI Oneida County Holstein Club, NY Bill Paddock Family, NY Sean Quinn, NY Ridgedale Farm, NY Mark A. Rueth, WI Donald & Geraldine Seipt, PA Glenn & Sheryl Taylor, NY Patricia Wassenaar, NY Western New York Energy LLC, NY Francis W. Wood, NY Richard & Nancy Wright, NY In Memory of Robert “Whitey” McKown Jeanne McKown, PA In Memory of Robert McComb Carol S. McComb, VA Kristy McComb, VA In Memory of Ronald Weis David & Madge Alberts, MN 2014 General Donors $1,000+ DONORS Richard & Jacqueline Cotta, CA Robert E. & Helen R. Foss, ME GenElite, LLC, MA Hilmar Cheese Company, Inc., CA Manolo Blahnik USA, Ltd., NY John M. & Vicki Meyer, VT Jessica Rediske, IA Sunshine Associates LLC, WI Thomas & Linda Thorbahn, OH Hank & Carolyn Van Exel, CA $500+ DONORS Michael & Margaret Beaumont, WI Richard Chichester, VA Hodorff Family, WI Judy & Charles Iager, MD Ida Ruby, OR Brad & Sally Scott, CA Loren & Helen Zimmerman, PA $250+ DONORS Alphagenetics, Inc., WI B & D Dairy, CA Andrew & Sarah Birch, VT Carl W. Cipperly, NY Richard & Diane Flickinger, MD Jay & Gladys Houser, PA Jodi & Carl Hoynoski, MA Kristy McComb, VA Merck Partnership for Giving, NJ Sutton & Kris Rucks, Jr, FL Siemers Holstein Farm, Inc., WI Thomas & LuAnn Troxel, IN Wadell Dairy Farm, LLC, MI $100+ DONORS Bonnie & John Ayars, OH Bruce & Julie Buddenberg, IA George & Diane Cashell, PA Linda L. Church, VT Frank E. & Marion Conyngham, PA Richard & Jeanne Coyne, NY Marilyn & Glen Easter, SC Robert D. Heilman, VA A. Duane & Marilyn Hershey, PA Kip & Marilyn Herzog, CA Dr. Matthew & Laura Iager, MD Donald Leigh Keeler, WA Robert & Linda Marshman, NY Nanette & Robert Martin, MA Richard G. McDanolds, NH George A. Miller, OH David & Theresa Moore, NY Tom & Sandy Morris, WI Ruprecht Farm LLC, OH Lee Salonen, NH Lorilee Schultz, IL Donald & Geraldine Seipt, PA Scott & Denise Skidmore, CA Molly & Matt Sloan, WI Darwin & Kathy Sneller, MI Kenneth & Charlotte Tyrell, IL Kathryn Walker, OR Lindsey Worden, VT OTHER DONORS Kylene & Mark Anderson, WI Isaiah Ayala, PA B & D Dairy, CA Mark A. Barr, CO Roger L. Bauman, IL Ivan L. Beachy, OH David & Michelle Blough, IN Maggie Blunk, IL Benjamin Buderus, NE Trisha Burlingame, NY Gordon & Diana Calkins, PA Gregg & Ryan Carbaugh, PA Robert R. Card Sr, ME Arlan & Deborah Davis, PA Susan Davis, CT Den-K Holsteins, Inc., CA Scott Denkenberger, PA Maurice & Doris Desjardins, CT Dennis Edlund & Shelley Dunnigan, CA Donald & Patricia Evans, NY Archie L. Felder III, SC Lyn & William Frasier, NY Jean Gallagher, NY Bradley D. Gollink, WI Brandon H. Grumbine, PA Doris W. Hallock, NH John & Barbara Hammarlund, CT Kenneth & Arlan Herbranson, MN Hidden View Farm LLC, NY Douglas & Nancy Hoefler, IA Dillon Huntley, NY Hy-Tower Holsteins, OH Suzanne Jackson, WI Stephanie & Josh Jens, WI Donald & Cheryl Kass, IA KFS Mad Wolf Dairy, LLC, WI Randy Kiedrowski, WI Dr. Katherine L. Lee, MI Fred Link, CA Cheryl Marti, WI Julie Messinger, PA Meghan Moody, NY Frank Murphy, MI Brenna M. Noon, IL Ann & Michael Olson, MI Aaron Palmer, IA Melanie Palmer, NY Frank & Linda Panciera, RI John G. Pennings, NY Danny R. Peterson, CA Wayne & Linda Piper, Sr., PA Jonathan Qual, ND Raymond W. Richards, VT Andrew T. Schantz, NY Eugene & Jill Schlueter, MN Caleb Sherwood, NY Emily J. Smith, DE Everett E. Smithson, IL Stanton Bros. Ltd., IA Nathan B. Stiteler, PA Stoners Hijos Hill Inc., PA Allen A. Thompson, NY Francesca Van De Weert, NY Levi D. Vaughan, VT Michael Anthony Venuti, CA Elizabeth Weas-Cash, IL Chad A. Wethal, WI John Wikman, WI Beth H. Wilkes, VA George R. Zehr, NY YDLI Alumni OUR MISSION “The Holstein Foundation educates and develops future leaders for a vibrant dairy community.” Board of Trustees Holstein Foundation Staff Tom Thorbahn, OH, Chairman Joel Hastings, CA, Vice Chairman Pete Kappelman, WI, Secretary Don Boelens, IA Gordie Cook, MA Brad Groves, MO Rob Kolb, IL Boyd Schaufelberger, IL Lorilee Schultz, IL Rod Stoll, IL John M. Meyer, Administrator Jennifer Tetreault, Treasurer Jodi Hoynoski, Programs Manager Kelli Dunklee, Program Specialist Lindsey Worden, Special Projects The Holstein Foundation is a 501(c)3 organization founded in 1989 in Brattleboro, Vermont, and shares office space with its parent organization, Holstein Association USA, Inc. Contributions to the Holstein Foundation are tax deductible to the full extent of the law. PO Box 816, Brattleboro, VT 05302-0816 • 800.952.5200 • www.holsteinfoundation.org
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