The Mosaic Company is an international, U.S.-based, Fortune 500 fertilizer company that mines, produces, and distributes potash and phosphates. The company has offices in four countries and supports left-of-center environmental, social, and governance (ESG) and diversity and inclusion initiatives both within its company and through its 501(c)(3), the Mosaic Company Foundation, as well as through its Brazilian affiliate, the Mosaic Institute. 1 2 3 4 5 6 7
Background and Activities
The Mosaic Company is a major international fertilizer business that mines, produces, and distributes potash and phosphates. It is a Fortune 500 company that employs 13,000 people in six countries with offices in China, India, Brazil, the United States, and Canada. The company has customers for its fertilizer products in more than 40 countries. 1 2 3
In North America, the Mosaic Company has seven potash and phosphate mining facilities as well as five phosphate concentration sites located in Louisiana, Florida, and Saskatchewan, Canada. 8
The Mosaic Company was founded in 2004 following the merger of IMC Global Inc and Cargill Inc. That same year it became a publicly traded company on the New York Stock Exchange. 9 3
The Mosaic Company states it is committed to left-of-center environmental, social, and governance (ESG) principles. These included goals to update the company’s commitment to inclusion, track metrics to advance “diversity and gender balancing needs,”” increase indigenous representation” in the company, and reduce greenhouse gas emissions and fresh water use by 20 percent. 4 5
Lobbying
As of May 2025, the Mosaic Company had spent $410,000 on lobbying in 2025. The company spent no money on lobbying in 2024 but regularly spent between $770,000 to $1,130,000 per year on lobbying from 2017 to 2023. In 2025, the Mosaic Company lobbied the U.S. Department of Agriculture, the U.S. Department of Commerce, the U.S. Department of the Interior, the Environmental Protection Agency, the National Economic Council, the Office of the U.S. Trade Representative, and the White House. 10
Leadership
The president and chief executive officer of the Mosaic Company is Bruce Bodine. Bodine has spent his entire career at The Mosaic Company, working as a facility manager, a general manager, a vice president of operations business development, a vice president of supply chain, a senior vice president of potash and phosphates, and a senior vice president of North America. 11 12
Affiliates
Mosaic Company Foundation
The Mosaic Company’s corporate philanthropic affiliate is the Mosaic Company Foundation, a private foundation located in Tampa, Florida. According to tax filings, in 2023, the Mosaic Company Foundation reported $3,870,000 in revenue, $3,423,410 in disbursements, and $1,814,508 in assets. Its entire revenue was received from the Mosaic Company. Top recipients of grants from the Mosaic Company Foundation that year include the S M Sehgal Foundation ($383,673), the Mosaic Institute ($365,000), The Nature Conservancy ($333,000), the American Online Giving Foundation ($221,991), and Ducks Unlimited Inc ($200,000). 13
The Mosaic Company states that its grantmaking, including to the Mosaic Company Foundation, is driven by diversity and inclusion targets. The Mosaic Company has three focus areas in its philanthropic giving: food, water, and local community investment. 6
The Mosaic Institute
The Mosaic Company supports the Mosaic Institute, a private social investment organization in Brazil. The Mosaic Institute promotes water efficiency initiatives and launched the D&I (Diversity and Inclusion) Challenge to benefit women, people with disabilities, and people who identify as LGBT. The Mosaic Institute was founded in 2008. 7
Financials
According to its Form 10-Q Report to the Securities and Exchange Commission for the first quarter of 2025, the Mosaic Company reported $2,620,900,000 in sales, and $11,900,000 in net earnings attributable to Mosaic. Over that same period, the company reported $23,165,700,000 in total assets. 14
References
- “Mosaic.” Mosaic. Accessed May 15, 2025. https://mosaicco.com/.
- “About.” Mosaic. Accessed May 15, 2025. https://mosaicco.com/About.
- “Mosaic Facts.” Mosaic. Accessed May 15, 2025. https://mosaicco.com/Mosaic-Facts.
- “Our Approach.” Mosaic. Accessed May 15, 2025. https://mosaicco.com/Our-Approach.
- “Mosaic’s 2025 ESG Performance Targets.” Mosaic. Accessed May 15, 2025. https://mosaicco.com/ckfinder/userfiles/files/Mosaic_2025_Targets.pdf.
- “Community Investments.” Mosaic. Accessed May 15, 2025. https://mosaicco.com/community-investment.
- “Mosaic Institute.” IDIS. Accessed May 15, 2025. https://www.idis.org.br/en/casesidis/mosaic-institute/.
- “Our Business.” Mosaic. Accessed May 15, 2025. https://mosaicco.com/Our-Business.
- “Mosaic.” Companies History. Accessed May 15, 2025. https://www.companieshistory.com/mosaic/.
- “Client Profile: Mosaic Co.” Open Secrets. Accessed May 15, 2025. https://www.opensecrets.org/federal-lobbying/clients/summary?cycle=2023&id=D000023178.
- “Our Leaders.” Mosaic. Accessed May 15, 2025. https://mosaicco.com/Our-Leaders.
- “Bruce Bodine.” LinkedIn. Accessed May 15, 2025. https://www.linkedin.com/in/bruce-bodine-58a35714/details/experience/.
- Mosaic Company Foundation. Return of an Organization Exempt From Income Tax (Form 990-PF). 2023.
- The Mosaic Company. Form 10-Q for quarterly period ended March 31, 2025. https://s1.q4cdn.com/823038994/files/doc_financials/2025/q1/MOS_2025-03-31_10Q-Final.pdf.