Form 990 for tax year 2022
Filed by INTERNATIONAL SUSTAINABLE ENERGY FOUNDATION.
Totals
- Total revenue
- $24,223,116
- Total expenses
- $1,403,215
- Contributions and grants received
- $24,206,438
- Grants paid
- $1,202,577
- Program service revenue
- $0
- Investment income
- $16,678
- Other revenue
- $0
- Total assets, end of year
- $23,831,431
- Total liabilities, end of year
- $1,011,530
- Net assets or fund balances, end of year
- $22,819,901
- Program services expenses (Part IX)
- $1,326,568
- Management and general expenses
- $76,647
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $1,326,568
Program services were 94.5% 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
$24,206,438
-
3 · Investment income
total $16,678 · related or exempt $16,678
Functional expenses
Part IX, the statement of functional expenses.
-
3 · Grants to foreign organizations and individuals
total $1,202,577 · program services $1,202,577
-
5 · Compensation of officers, directors and key employees
total $25,000 · program services $10,000 · management and general $15,000
-
7 · Other salaries and wages
total $39,244 · program services $15,698 · management and general $23,546
-
8 · Pension plan contributions
total $1,597 · program services $639 · management and general $958
-
9 · Other employee benefits
total $267 · program services $107 · management and general $160
-
10 · Payroll taxes
total $4,915 · program services $1,966 · management and general $2,949
-
11b · Fees: legal
total $21,498 · program services $15,730 · management and general $5,768
-
11c · Fees: accounting
total $1,800 · program services $1,317 · management and general $483
-
11g · Fees: other
total $82,888 · program services $68,372 · management and general $14,516
-
12 · Advertising and promotion
total $5,398 · management and general $5,398
-
14 · Information technology
total $7,164 · management and general $7,164
-
16 · Occupancy
total $2,113 · program services $1,564 · management and general $549
-
17 · Travel
total $8,153 · program services $8,153
-
24a · Other expenses: Bank and Credit Card Fe
total $526 · program services $389 · management and general $137
-
24b · Other expenses: Dues & Subscriptions
total $75 · program services $56 · management and general $19
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
end of year $11,267,891
-
2 · Savings and temporary cash investments
end of year $10,016,678
-
3 · Pledges and grants receivable
end of year $2,500,000
-
15 · Other assets
beginning of year $0 · end of year $46,862
-
17 · Accounts payable and accrued expenses
end of year $21,856
-
18 · Grants payable
end of year $989,674
-
29 · Capital stock, trust principal or current funds
beginning of year $0 · end of year $0
-
30 · Paid-in or capital surplus, or land, building or equipment fund
beginning of year $0 · end of year $0
-
31 · Retained earnings, endowment or other funds
beginning of year $0 · end of year $22,819,901
Mission and programs · 2022
Mission
International Sustainable Energy Foundation's mission is to promote an environmentally sustainable and climate friendly world by supporting climate action that contribute to preservation of the environment, including access for development, adaptation, air quality, climate finance, cities & urban planning, decarbonization, just transition, land-use, low carbon development, resilience, smart agriculture, sustainable energy policies, water etc. within a sustainable development paradigm.We promote public-private partnerships and leverage national and international philanthropic foundations and expert networks to assist in climate action that help different countries arrive at pathways for a low carbon development and make development wholesome considering co-benefits like health and the needs of the poorer sections of society.
Activities or mission (Part I)
International Sustainable Energy Foundation's mission is to promote an environmentally sustainable and climate friendly world by supporting climate action that contribute to preservation of the environment, including access for development, adaptation, air quality, climate finance, cities & urban planning, decarbonization, just transition, land-use, low carbon development, resilience, smart agriculture, sustainable energy policies, water etc. within a sustainable development paradigm.
-
Grants were provided and expenses were incurred to support the introduction of electric vehicles, primarily buses, in India.
Expenses $308,920 · Grants $280,046
-
Provided grants and paid expenses to support research needed for framing strategies, policies and guidelines to reduce fossil fuel demand in agriculture and for the construction of smart buildings in India.
Expenses $869,094 · Grants $787,861
-
Grant was provided and expenses were paid to fund research for development and implementation of a carbon emission trading platform in India. In an effort to reduce carbon dioxide and other greenhouse gases and to limit climate change by creating a market with limited allowances for emissions.
Expenses $148,554 · Grants $134,670
As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Chris Munson
President
- Total calculated
- $25,000
- From this org
- $25,000
- From related orgs
- $0
- Other
- $0
- Hours/week
- 10
-
Anand Gopal
Director
- Total calculated
- $0
- Hours/week
- 0
-
Elizabeth McKeon
Director
- Total calculated
- $0
- Hours/week
- 0
-
Nathan Argent
Director
- Total calculated
- $0
- Hours/week
- 0
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.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 15 November 2023
- IRS schema version
- 2022v5.0
- Source object
- 202323199349313212
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