Extension Foundation 2023 Annual Report

DR. BEVERLY COBERLY Chief Executive Officer

This report documents the work being done every day by the Extension Foundation team to help states collaborate together on national issues, and finding new sources of funding for Cooperative Extension professionals in every state to meet critical needs in their communities. 2023 began with new investments in the Extension Foundation’s financial operations. This included the hiring of Arielle Smith, CPA as Comptroller. The Exten- sion Foundation also expanded the finance team to meet the needs of the Extension Foundation’s growing portfolio of national funded programs. The Extension Foundation is currently managing a total portfolio of $63M on behalf of the system. At the start of 2023, the Extension Foundation was servicing four national funded programs on behalf of

Cooperative Extension, in addition to being select- ed as the technical service provider for the USDA NextGen funding opportunity. By the end of the year, the Extension Foundation had increased its national funded programs and services to a total of eight including the new $10M AgriProspects Workforce Development Network funded by USDA. Programs that the Extension Foundation has been servicing all received a new round of funding or additional funding to support efforts across the Cooperative Extension System, including: • Extension Collaborative on Immunization Teaching & Engagement (EXCITE) • New Technologies for Ag Extension (NTAE) • Pesticide Safety Education Funds Management Program (PSEFMP)

“I’ve had the opportunity to work alongside the Extension Foundation team at every level of our organization to deliver results for our partners in the U.S. Cooperative Extension System. This has been a fast-paced year of growth for the Foundation as we have brought several new funded National Programs and Services online, and reinforced our internal infrastructure to best support these initiatives in order to make a greater impact for Extension professionals nationwide that we are honored to serve. I’m excited about this opportunity to serve the Extension Foundation and Cooperative Extension in this capacity.”

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EXTENSION FOUNDATION | 2023 ANNUAL REPORT

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