Mission
TO PROMOTE THE BREEDING OF BETTER LIVESTOCK BY EXHIBITION AND AUCTION IN CONNECTION WITH THE SOUTHWESTERN EXPOSITION AND LIVESTOCK SHOW.
Public Charity
AGRICULTURAL DEVELOPMENT FUND
AGRICULTURAL DEVELOPMENT FUND is a Public Charity headquartered in FORT WORTH, TX. Financial data from the 2026 filing: $443K revenue, $360K expenses, $1.6M total assets. 7 publicly reported grants to this organization, totaling roughly $10.7M, appear in IRS filings.
EIN: 751824668
FORT WORTH, TX
Latest filing: 2026
Total Revenue$443K
Total Expenses$360K
Total Assets$1.6M
Grant Records7
Funding Total$10.7M
Filing Years2022–2026
Where $100 goes at Agricultural Development Fund
How Agricultural Development Fund divides every $100 it spends, from its own Form 990 filings, averaged across 9 years.
$99
Programs
the work itself
$1
Management
running the organization
$0
Fundraising
none reported
No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.
Inside the $99 for programs
$99
The fund was set up to pay premiums and bonuses to owners of livestock that show in the southwestern exposition and livestock show
Source: Form 990 filings with the IRS, latest fiscal year 2026. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
Sample Grants Received
FOR GENERAL OPERATING, REQUESTED BY PHILIP WILLIAMSON & GAIL RAWL
$25,000
FOR GENERAL PURPOSES IN HONOR OF THE EFFORTS OF BRECK RAY
$300
TO PROVIDE MEANS FOR AGRICULTURAL YOUTH TO FURTHER EDUCATIONAL / VOCATIONAL OPPORTUNITIES.
$4,226,072
IN HONOR OF THE EFFORTS OF BRECK RAY
$300
TO PROVIDE MEANS FOR AGRICULTURAL YOUTH TO FURTHER EDUCATIONAL / VOCATIONAL OPPORTUNITIES.
$3,444,036
Showing up to 5 of 7 total records — full history available with membership.
Officers & Directors
DIRECTOR
Bradford S Barnes Partial Year
DIRECTOR
Breck Ray
VICE PRESIDENT/DIRECTOR
Charlie Royer Iii
SECRETARY/TREASURER/DIRECTOR
Daniel Brezik Partial Year
SECRETARY/TREASURER/DIRECTOR
Kimberly Dewoody Partial Year
PRESIDENT/DIRECTOR
Matthew R Carter
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2026 | $443K | $360K | $1.6M |
| 2025 | $437K | $256K | $1.6M |
| 2024 | $595K | $239K | $1.4M |
| 2023 | $302K | $289K | $1.0M |
| 2022 | $6.7M | $6.7M | $1.3M |
Between 2022 and 2026, reported annual revenue declined from $6.7M to $443K (-93%), with total assets most recently reported at $1.6M.
Interactive year-over-year charts and full filing details available with membership.