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Nonprofiteer
← GREENPEACE FUND INC

Form 990 for tax year 2023

Filed by GREENPEACE FUND INC.

Totals

Total revenue
$22,041,605
Total expenses
$29,724,503
Contributions and grants received
$21,151,975
Grants paid
$23,914,808
Program service revenue
$0
Investment income
$886,878
Other revenue
$2,752
Total assets, end of year
$48,387,296
Total liabilities, end of year
$9,147,942
Net assets or fund balances, end of year
$39,239,354
Program services expenses (Part IX)
$23,914,808
Management and general expenses
$2,772,840
Fundraising expenses
$3,036,855
Program service expenses (Part III)
$23,914,808

Program services were 80.5% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1f · All other contributions, gifts and grants

    $21,151,975

  • 1g · Noncash contributions included above

    $454,287

  • 3 · Investment income

    total $758,897 · excluded $758,897

  • 7a · Gross sales of assets other than inventory

    securities $1,949,570

  • 7b · Less cost or other basis and sales expenses

    securities $1,821,589

  • 7c · Gain or loss

    securities $127,981

  • 7d · Net gain or loss

    total $127,981 · excluded $127,981

  • 11a · Other revenue: REBATES AND OTHER REVENUE

    total $2,752 · excluded $2,752

  • 11e · Other revenue, total

    $2,752

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $13,115,000 · program services $13,115,000

  • 3 · Grants to foreign organizations and individuals

    total $10,799,808 · program services $10,799,808

  • 5 · Compensation of officers, directors and key employees

    total $688,845 · management and general $688,845

  • 7 · Other salaries and wages

    total $2,110,300 · management and general $869,936 · fundraising $1,240,364

  • 8 · Pension plan contributions

    total $110,116 · management and general $32,208 · fundraising $77,908

  • 9 · Other employee benefits

    total $255,894 · management and general $141,605 · fundraising $114,289

  • 10 · Payroll taxes

    total $226,964 · management and general $111,924 · fundraising $115,040

  • 11b · Fees: legal

    total $134,807 · management and general $92,231 · fundraising $42,576

  • 11c · Fees: accounting

    total $70,065 · management and general $70,065

  • 11e · Fees: professional fundraising services

    total $337,841 · fundraising $337,841

  • 11f · Fees: investment management

    total $79,381 · management and general $79,381

  • 11g · Fees: other

    total $546,318 · management and general $252,148 · fundraising $294,170

  • 12 · Advertising and promotion

    total $2,035 · fundraising $2,035

  • 13 · Office expenses

    total $330,089 · management and general $42,174 · fundraising $287,915

  • 14 · Information technology

    total $77,849 · management and general $37,886 · fundraising $39,963

  • 16 · Occupancy

    total $396,365 · management and general $191,340 · fundraising $205,025

  • 17 · Travel

    total $164,014 · management and general $21,748 · fundraising $142,266

  • 19 · Conferences, conventions and meetings

    total $150,572 · management and general $71,545 · fundraising $79,027

  • 23 · Insurance

    total $102,762 · management and general $61,666 · fundraising $41,096

  • 24a · Other expenses: MISCELLANEOUS - OTHER

    total $20,901 · management and general $7,999 · fundraising $12,902

  • 24b · Other expenses: BOOKS & PUBLICATIONS

    total $4,577 · management and general $139 · fundraising $4,438

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $37,725,823 · end of year $31,759,686

  • 3 · Pledges and grants receivable

    beginning of year $2,290,468 · end of year $2,500,574

  • 9 · Prepaid expenses and deferred charges

    beginning of year $2,911 · end of year $0

  • 11 · Investments: publicly traded securities

    beginning of year $12,056,872 · end of year $14,127,036

  • 18 · Grants payable

    beginning of year $2,999,155 · end of year $4,302,071

  • 25 · Other liabilities

    beginning of year $3,697,674 · end of year $4,845,871

  • 27 · Net assets without donor restrictions

    beginning of year $42,933,778 · end of year $35,938,780

  • 28 · Net assets with donor restrictions

    beginning of year $2,445,467 · end of year $3,300,574

Mission and programs · 2023

Mission

GREENPEACE FUND, INC. IS A NONPROFIT CORPORATION WHOSE ACTIVITIES ARE DIRECTED PRIMARILY AT PROTECTING AND PRESERVING THE ENVIRONMENT. ACTIVITIES ARE EXECUTED MAINLY THROUGH THE CONSIDERATION AND FUNDING OF GRANTS TO OTHER ORGANIZATIONS.

Activities or mission (Part I)

TO PROTECT AND PRESERVE THE ENVIRONMENT THROUGH THE FUNDING OF GRANTS TO OTHER ORGANIZATIONS.

  • GREENPEACE FUND, INC.'S PRIMARY ACTIVITY IS GRANT-MAKING TO OTHER ORGANIZATIONS TO ASSIST IN THE IDENTIFICATION, RESEARCH, MONITORING AND IMPLEMENTATION OF PROGRAMS TO AID IN THE PROTECTION OF MARINE MAMMALS, OTHER SPECIES AND THE ENVIRONMENT IN GENERAL. GRANTS ALSO SUPPORT PROGRAMS RELATED TO PUBLIC AWARENESS AND UNDERSTANDING OF ENVIRONMENTAL ISSUES THROUGH MEDIA AND EDUCATIONAL PROGRAMS. DURING 2023, GREENPEACE FUND, INC. MADE PROGRAM SERVICE GRANTS OF $10,799,808 TO STICHTING GREENPEACE COUNCIL, AND $13,115,000 TO GREENPEACE, INC.

    Expenses $23,914,808 · Grants $23,914,808

As filed on the 2023 return.

Listed in Part VII

  • Austin Thompson

    TREASURER, CO-CHAIR FIN CTTE

    Total calculated
    $0
    Hours/week
    2

  • Liz Gilchrist

    CHAIR

    Total calculated
    $0
    Hours/week
    5

  • Mijin Cha

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2

  • Melvin Galloway

    TREASURER, CO-CHAIR FIN CTTE

    Total calculated
    $0
    Hours/week
    2

  • Kad Smith

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2

  • Deepa Padmanabha

    DEP GENERAL COUNSEL, ASST SECY

    Total calculated
    $77,253
    From this org
    $59,340
    From related orgs
    $0
    Other
    $17,913
    Hours/week
    16

  • Constantin Doumas

    CFO, ASST TREASURER, SECY

    Total calculated
    $123,273
    From this org
    $107,141
    From related orgs
    $0
    Other
    $16,132
    Hours/week
    20

  • Jay Desirer Meisel

    GENERAL COUNSEL, SECRETARY

    Total calculated
    $129,390
    From this org
    $115,486
    From related orgs
    $0
    Other
    $13,904
    Hours/week
    20

  • Ebony Martin

    EXECUTIVE DIRECTOR

    Total calculated
    $165,081
    From this org
    $145,251
    From related orgs
    $0
    Other
    $19,830
    Hours/week
    20

    Schedule J breakdown matched by us

    Base
    $145,251
    Bonus
    $0
    Other
    $0
    Deferred
    $8,895
    Nontaxable benefits
    $10,935
    Filer's total
    $165,081

  • Willem Van Rijn

    INTERIM CHIEF OPERATING OFFR

    Total calculated
    $96,857
    From this org
    $91,178
    From related orgs
    $0
    Other
    $5,679
    Hours/week
    16

  • Anne Marie Leonard

    CO-EXECUTIVE DIRECTOR

    Total calculated
    $96,991
    From this org
    $91,922
    From related orgs
    $0
    Other
    $5,069
    Hours/week
    20

  • Mayumi Ridenhour

    SR MGR INSTITUTIONAL PSHIPS

    Total calculated
    $151,587
    From this org
    $117,861
    From related orgs
    $0
    Other
    $33,726
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $115,130
    Bonus
    $2,731
    Other
    $0
    Deferred
    $7,778
    Nontaxable benefits
    $25,948
    Filer's total
    $151,587

  • William E Richardson

    DEP DIRECTOR/MAJOR GIFTS OFFR

    Total calculated
    $140,602
    From this org
    $113,304
    From related orgs
    $0
    Other
    $27,298
    Hours/week
    40

  • Jennifer Dellegrazio

    DIR DEVELOPMENT INSTL PSHIPS

    Total calculated
    $143,874
    From this org
    $127,684
    From related orgs
    $0
    Other
    $16,190
    Hours/week
    40

  • Thomas C Avila

    FUNDRAISING SPECIAL PROJ MGR

    Total calculated
    $126,593
    From this org
    $101,316
    From related orgs
    $0
    Other
    $25,277
    Hours/week
    40

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Compensation committee
  • 3 · Independent compensation consultant
  • 3 · Form 990 of other organizations
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee
  • 4a · Severance or change-of-control payment
  • 7 · Other non-fixed payments

Answered no

  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

PART I, LINE 3
COMPENSATION FOR SHARED EMPLOYEES IS SET BY GREENPEACE, INC., AN UNRELATED NONPROFIT ORGANIZATION. COMPENSATION FOR THE EXECUTIVE DIRECTOR IS INDEPENDENTLY REVIEWED AND BASED ON ANALYSIS OF COMPARABLE DATA OBTAINED FROM INDUSTRY RESOURCES, PUBLICLY DISCLOSED 990S, AND PEER ORGANIZATIONS. REVIEW AND APPROVALS ARE DOCUMENTED BY THE BOARD OF DIRECTORS OR DELEGATED COMMITTEES. A SIMILAR PROCEDURE IS FOLLOWED FOR ALL OTHER OFFICERS AND KEY EMPLOYEES. LAST YEAR OF INDEPENDENT REVIEW TOOK PLACE IN 2023.
PART I, LINE 4A
IN 2023, AN INDIVIDUAL REPORTED IN FORM 990 PART VII SECTION A WAS PAID THE SEVERANCE AMOUNT IDENTIFIED BELOW: ANNE MARIE LEONARD, CO-EXECUTIVE DIRECTOR $36,750 PART I, LINE 7: IN 2023, CERTAIN INDIVIDUALS REPORTED IN FORM 990 PART VII SECTION A WERE PAID THE BONUSES IDENTIFIED BELOW: CONSTANTIN DOUMAS, CHIEF FINANCIAL OFFICER/ASST TREASURER/SECRETARY $1,538 MAYUMI RIDENHOUR, INSTITUTIONAL PARTNERSHIPS SENIOR MANAGER $2,731 THOMAS C AVILA, FUNDRAISING SPECIAL PROJECTS MANAGER $1,800

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

  • ENVIRONMENTAL SUPPORT FUND

    501(C)(3) · SUPPORTING ORGANIZATION FOR GREENPEACE FUND, INC. · DE · controlled entity

    Directly controlled by GREENPEACE FUND INC

Provenance

Return type
form_990
Tax year
2023
Filed
21 August 2024
IRS schema version
2023v5.1
Source object
202402399349300310

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