Land O'lakes Venture37

What it reported doing in 2025

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 enabling environment to establish a commercial market. Lebanonusaid empowering local systems in agriculture (elsa) activity - the goal of elsa was to develop viable local systems to provide consistent and affordable inputs and create inclusive market channels in the agricultural sector in lebanon.madagascar: miranga (subrecipient to catholic relief services) - venture37 will provide technical assistance on food safety and phytosanitary standards for production and post-harvest activities for producers, pos, cooperatives, and small and medium enterprises (sme). Venture37 will also leverage its breadth of partnerships with us- and comesa-based companies to expand markets and trade for smes and pos participating in the project.harea (subrecipient to catholic relief services) - venture37 will support livestock activities as part of a consortium, strengthen agricultural market systems that better serve smallholder farmers and the rural poor.malawi: fcat - activities on this project will drive and accelerate the transformation of malawi's agricultural economy and foster farmers who are prosperous, resilient, diversified and food-secure. Rwanda: row - will sustainably increase the availability of, access to, and consumption of animal-source foods (asf) through development of a profitable market. Egypt: taib - building the capacity of the government of egypt to build the capacity an agency of the g0e whose charter is to develop and nationalize food safety standards and certification requirements.egypt trade (sub to palladium) - facilitating trade export standards for food safety in egyptgeorgia: sqil - usda funded project that is working to improve and strengthen the beef and dairy value chain.cambodia: cambodia food for progress - usda funded food for progress progress program seeks to improve food safety and quality , expand domestic and export trade of cambodian-grown horticultural products and increase productivity of cambodian horticulture farmers through improved compliance with food safety standards.drc: drc fall army worm (faw) - in coordination with development and research actors and the government of the drc, this project addresses three components: validate safe and cost-effective integrated pest management (ipm) technologies suitable for smallholder maize producers; facilitate system adoption of suitable technologies and approaches that will build the resilience of smallholder producers and the supporting market system; strengthen the enabling environment necessary to coordinate systemic approaches to fall armyworm (faw) response.tanzania: tanzania inclusive processor-producer partnerships in dairy project (ti3p) - a three-year project lead by the tanzania agricultural development bank (tadb) and funded by the bill and melinda gates foundation (b

Financial Efficiency

• Mission deployment rate: 81.4%; rating input score 81
• Program expense ratio: 81.3%; rating input score 81
• Fundraising efficiency: Limited

Transparency & Controls

• Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
• Pay-setting controls: 0 of 6 controls in place; rating input score 0
  • Compensation committee: Missing
  • Independent consultant: Missing
  • Other Form 990s reviewed: Missing
  • Written employment contract: Missing
  • Compensation survey or study: Missing
  • Board or committee approval: Missing
• Foreign activity oversight: Scored; rating input score 0
• Grant itemization coverage: 100%; rating input score 100; 76th percentile among comparable filings
• Major donor itemization: Yes; rating input score 100
• Related-party transparency: Limited

Accountability

• Independent voting board: 0%; rating input score 0; 3rd percentile among comparable filings
• Governance controls: 5 of 9 controls in place; rating input score 56
  • Conflict-of-interest policy: Pass
  • Whistleblower policy: Pass
  • Document-retention policy: Pass
  • CEO compensation review process: Fail
  • Other executive compensation review process: Fail
  • Form 990 shared with the board: Fail
  • Board meeting minutes documented: Pass
  • Audit committee oversight: Fail
  • Independent financial-statement audit: Pass

Sustainability

• Operating margin: -0%; rating input score 21; 21st percentile among comparable filings
• Total-asset coverage ratio: 1.85; rating input score 50; 50th percentile among comparable filings
• Liabilities to assets ratio: 0.93; rating input score 4; 4th percentile among comparable filings
• Officer compensation ratio: 0.7%; rating input score 88; 88th percentile among comparable filings

Growth

• Program expense growth: 1.7% per year; rating input score 100; 16th percentile among comparable filings
• Revenue growth: 0.7% per year; rating input score 100; 8th percentile among comparable filings
• Asset growth: 17.4% per year; rating input score 100; 87th percentile among comparable filings