The target audience for Annie’s Project is farm women with a passion for business and involvement. Participants say that they find answers, strength, and friendship. They also grow in confidence, business skills, and community prestige. Networking and interactive learning provide the foundation.
History of Annie's Project
Annie's Project is based on the life of a farm woman in Illinois. Annie grew up in a small town and had a goal to marry a farmer. She spent a lifetime learning how to be an involved business partner. She faced the challenges of three generations living under one roof, low profitability, changing farm enterprises, and raising a family. Her daughter, Ruth Hambleton founded Annie's Project out of needs she observed in farm women she knew.
The first Annie's class included women whose farming experience ranged from thinking about marrying a farmer to many years as a business partner. Each participant had valuable information and knowledge to share. Annie's Project is now being offered in many states. More information about Annie’s Project nationally.
Impacts from Annie's Project
- Increasing use of production records
- Creating and using marketing plans
- Calculating breakeven prices for crops and livestock
- Preparing financial statements regularly
- Reviewing farm insurance policies
- Writing and reviewing farm business goals
- Adopting and using new farm record software
- Estimating and reviewing retirement costs and needs
"I'm more confident in my farm management decisions."
"I now understand how many factors must be considered when making financial management decisions."
If you are interested in an Annie's Project workshop series, please contact your local Extension Agent.
What is included in Annie's Project?
The course is offered in six 3 hour sessions with participation limited to 10-25 people. A sample program itinerary shows the topics covered.
- Welcome and Intro to Annie's
- Women and Money: Family Financial Management
- Goal Setting
- Family and Business Communication
- Developing a business plan and goal setting
- Legal Issues
- Insurance Basics: Property, Life, Health
- Financial Statements
- Estate and Retirement Planning
- Crop or Livestock Marketing
- Crop and Livestock Insurance
- Helpful Agencies & Organizations: FSA, NRCS, RCD, producer groups, etc.
- Computer Tools: "Hands On" Session (may require internet access)
- Farm Records
- Enterprise Budgets
- Other Ag Spreadsheets, Websites and/or Apps
Session Six - Student Choice:
- Topics to be selected by participants
- Graduation of participants who have completed all segments
- Family and Business Management, Communications
- Farm Business Planning and Management, Legal Issues
- Budgets, Financial Statements
- Budgets, AGEC-139
- Cash Flow, AGEC-751
- Balance Sheet, AGEC-752
- Evaluating Financial Performance and Position, AGEC-790
- Farm and Ranch Stress Test, AGEC-237
- Schedule of Assets, AGEC-791
- Liabilities Schedule, AGEC-792
- Owner Equity Section, AGEC-938
- Custom Rates, CR-205
- Pasture Rental Rates, CR-216
- Cropland Rental Rates, CR-230
- Software Tools
- Websites with Software