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Minnesota · Nonprofit

LAND O'LAKES VENTURE37

LAND O'LAKES VENTURE37 (Minnesota) receives grants from 5 organizations whose IRS filings report $8,694,003 to it, the largest being GATES FOUNDATION ($7,283,225). 1 of them have funded it in more than one year.

Revenue FY2025
$21M
Funders on record
5
Grants received
$8.7M
Net assets
$2.9M
1/5 repeat funderspeak grant-dependency 11%
01What it does

What Land O'Lakes Venture37 does

Mission

To replace poverty with prosperity by implementing donor-funded projects that provide global humanitarian aid to communities and individuals in developing countries through in-kind, financial and technical assistance.

As stated on its FY2025 Form 990.

Program

On its FY2025 return the organization reported a significant change in how it conducts a program.

All usaid-funded programs were terminated in 2025 and no new programs were granted. Three major usda programs were terminated as well.

Its own explanation, from Schedule O of that return (Part III, line 3).

  1. Land 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 cold storage.ethiopia:ethiopia transforming agriculture (sub to rti) - increase access to healthy diets, particularly for women and children, by improving the comptetiveness, inclusiveness and resilience of the food and agriculture systems.sustainable commercialization of sexed dairy genetics in east africa (sub to abs global) - establishing a commercially viable sexed semen market that will inclusively grow the competitiveness of the dairy market by increasing small scale producer demand and willingness to pay for sexed semen, improving last mile delivery of ai sexed semen, and improving the…

    $17,160,994 spentof which $372,686 as grants
    100% of program spending

The program described on its FY2025 Form 990. Program spending in total: $17,160,994.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($25M) Expenses 100 ($25M) Net assets 100 ($1.4M)2018 Revenue 81 ($21M) Expenses 84 ($21M) Net assets 91 ($1.2M)2020 Revenue 103 ($26M) Expenses 103 ($25M) Net assets 155 ($2.1M)2021 Revenue 116 ($29M) Expenses 118 ($29M) Net assets 185 ($2.5M)2022 Revenue 119 ($30M) Expenses 124 ($30M) Net assets 173 ($2.4M)2023 Revenue 120 ($30M) Expenses 124 ($30M) Net assets 172 ($2.4M)2024 Revenue 130 ($33M) Expenses 132 ($33M) Net assets 211 ($2.9M)2025 Revenue 83 ($21M) Expenses 86 ($21M) Net assets 210 ($2.9M)
'17'18'20'21'22'23'24'25
Revenue (83)Expenses (86)Net assets (210)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2020 to 2021, from $22M to $37M (+71%).

$2.8M
$9.0M
$22M
$37M
$31M
$32M
$36M
$39M
'17'18'20'21'22'23'24'25
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2017 98% · 2018 99% · 2020 75% · 2021 75% · 2022 78% · 2023 85% · 2024 83% · 2025 73%. Grants only. Government contracts and fees sit inside program revenue.

99% of LAND O'LAKES VENTURE37’s revenue is contributions — more reliant on donations than three-quarters of its peers (96% for the typical peer).

This organization
Typical peer · 388 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 4 of the last 8 reported years ran a deficit.

$755k
’17
−$128k
’18
$889k
’20
$400k
’21
−$163k
’22
−$4k
’23
$522k
’24
−$4k
’25
21
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

'17'18'20'21'22'23'24'25
Listed66666777
Joined·+3·+1+2+3+0+3
No longer listed·3·12203
03Who funds it

Who funds it, year by year

2018 → 2023: the base held at 1 funder, grant income rose $16k → $2.0M.

1 of 5 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 3% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of LAND O'LAKES VENTURE37’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

LAND O'LAKES VENTURE37 leans on a few funders — its largest provides 84% of grant income and the top three 99%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

84%
largest funder
99%
top three
~1
effective funders

Largest funder’s share by year: 2018 100% · 2020 100% · 2021 66% · 2023 100% — broadly stable.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

LAND O'LAKES VENTURE37 draws 100% of its grant income from funders outside Minnesota, across 3 states in all.

WA
NY
DC

In-state vs out-of-state, by year

’18
’20
’21
’23
Minnesota out of state home

Funder states come from each funder’s own filing. $250k arriving through sponsors registered in 1 state is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

LAND O'LAKES VENTURE37 holds deeper cash reserves than three-quarters of the 174 international nonprofits its size.

Operating margin−0% · below the median
Months of reserve21.1mo · top quartile
Revenue growth (annualized)−2% · bottom quartile

this organization peer median middle 50% of peers· 174 international nonprofits $10M–$100M, FY2025

Government funding LAND O'LAKES VENTURE37 receives

Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $229.0M on record.

Federal$229.0M
grants $203.2Mcontracts $25.8M
17
18
19
20
21
22
23
24
25
Top agencies
  • Department of Agriculture$143.3M
  • Agency for International Development$85.7M

Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.

Organizations like LAND O'LAKES VENTURE37

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Minnesota

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

81% of spending goes to programs.

Program 81%Management 19%Fundraising 0%

Governance

3
board members
0%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention–Board reviewed the 990✓Audited financials

Public support

92%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 1 state

MN

Part of a family of 2 related entities

  • Land O'Lakes International Development Fund · exempt
  • Land O'Lakes Inc · corp_trust

Screen this organization

A dated, signed PDF of the compliance screen for LAND O'LAKES VENTURE37: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

A paid feature, included from the $75 plan up. Sign in to download.

Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds LAND O'LAKES VENTURE37?
LAND O'LAKES VENTURE37 (Minnesota) receives grants from 5 organizations whose IRS filings report $8,694,003 to it, the largest being GATES FOUNDATION ($7,283,225). 1 of them have funded it in more than one year.
How many funders does LAND O'LAKES VENTURE37 have?
IRS filings report 5 organizations giving $8,694,003 in grants to LAND O'LAKES VENTURE37, 1 of which have funded it in more than one year.
Who is the largest funder of LAND O'LAKES VENTURE37?
GATES FOUNDATION is the largest funder on record, with $7,283,225 in grants. The full list of funders is on this page.
How can an organization like LAND O'LAKES VENTURE37 find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Minnesota. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 5 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing