Skip to content
Nonprofiteer
← HOLDFAST TR

Form 990 for tax year 2024

Filed by HOLDFAST TR.

Totals

Total revenue
$63,307,338
Total expenses
$38,399,792
Contributions and grants received
$0
Grants paid
$36,272,000
Program service revenue
$0
Investment income
$63,307,331
Other revenue
$7
Total assets, end of year
$1,443,491,840
Total liabilities, end of year
$1,716,787
Net assets or fund balances, end of year
$1,441,775,053
Program services expenses (Part IX)
$37,340,995
Management and general expenses
$1,058,797
Fundraising expenses
$0
Program service expenses (Part III)
$37,340,995

Program services were 97.2% 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.

  • 3 · Investment income

    total $63,307,331 · excluded $63,307,331

  • 11a · Other revenue: FOREIGN CURRENCY EXCHA

    total $7 · excluded $7

  • 11e · Other revenue, total

    $7

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $35,922,000 · program services $35,922,000

  • 3 · Grants to foreign organizations and individuals

    total $350,000 · program services $350,000

  • 5 · Compensation of officers, directors and key employees

    total $1,199,627 · program services $1,068,995 · management and general $130,632

  • 11b · Fees: legal

    total $208,923 · management and general $208,923

  • 11c · Fees: accounting

    total $20,475 · management and general $20,475

  • 11d · Fees: lobbying

    total $51,312 · management and general $51,312

  • 23 · Insurance

    total $37,949 · management and general $37,949

  • 24a · Other expenses: TAXES

    total $609,505 · management and general $609,505

  • 24b · Other expenses: BANK SERVICE CHARGES

    total $1 · management and general $1

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $373,793 · end of year $104,814

  • 2 · Savings and temporary cash investments

    beginning of year $14,000,000 · end of year $13,741,453

  • 4 · Accounts receivable

    beginning of year $54,075 · end of year $23,373,658

  • 9 · Prepaid expenses and deferred charges

    beginning of year $16,077,230 · end of year $16,882,708

  • 12 · Investments: other securities

    beginning of year $1,381,084,403 · end of year $1,381,084,403

  • 13 · Investments: program-related

    beginning of year $7,446,838 · end of year $8,304,804

  • 17 · Accounts payable and accrued expenses

    beginning of year $1,856 · end of year $716,787

  • 18 · Grants payable

    beginning of year $2,200,000 · end of year $1,000,000

  • 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 $1,416,834,483 · end of year $1,441,775,053

Mission and programs · 2024

Mission

FIGHTING THE ENVIRONMENTAL CRISIS BY RAISING AWARENESS OF THE CURRENT ENVIRONMENTAL CRISIS; PROTECTING BIODIVERSITY AND CLIMATE RESILIENCE THROUGH LAND PRESERVATION AND RESTORATION; DEFENDING AND SUPPORTING DEMOCRACY AND ENVIRONMENTAL ACTIVISM; LOBBYING AND OTHER ADVOCACY IN SUPPORT OF THESE ISSUES; AND MAKING GRANTS TO OTHER NONPROFIT ORGANIZATIONS.

Activities or mission (Part I)

PROVIDES GRANTS TO ORGANIZATIONS ENGAGED IN PROTECTING THE ENVIRONMENT AND ENGAGES IN DIRECT CONSERVATION EFFORTS TO PROTECT THE ENVIRONMENT THROUGH THE ACQUISITION OF LAND OR OTHER PROPERTY OR CONTRACTUAL RIGHTS

  • FIGHTING THE ENVIRONMENTAL CRISIS BY RAISING AWARENESS OF THE CURRENT ENVIRONMENTAL CRISIS; PROTECTING BIODIVERSITY AND CLIMATE RESILIENCE THROUGH LAND PRESERVATION AND RESTORATION; DEFENDING AND SUPPORTING DEMOCRACY AND ENVIRONMENTAL ACTIVISM; LOBBYING AND OTHER ADVOCACY IN SUPPORT OF THESE ISSUES; AND MAKING GRANTS TO OTHER NONPROFIT ORGANIZATIONS.

    Expenses $37,340,995 · Grants $36,272,000

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Four Seas LLC Dba Holdfast Collective

    INSTITUTIONAL TRUSTEE

    Total calculated
    $1,199,627
    From this org
    $1,199,627
    From related orgs
    $0
    Other
    $0
    Hours/week
    63 + 1 related

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

  • MARIN COMMUNITY FOUNDATION

    $17,040,000

    PHILANTHROPY RELATED TO PROTECTING OUR PLANET FROM CLIMATE CHANGE; GENERAL SUPPORT

  • THE NATURE CONSERVANCY

    $7,200,000

    PHILANTHROPY RELATED TO PROTECTING OUR PLANET FROM CLIMATE CHANGE; GENERAL SUPPORT

  • SAVE OUR HOME PLANET ACTION INC

    $6,651,000

    ADVOCACY RELATED TO PROTECTING OUR PLANET FROM CLIMATE CHANGE; GENERAL SUPPORT

  • REWILD

    $3,250,000

    PHILANTHROPY RELATED TO PROTECTING OUR PLANET FROM CLIMATE CHANGE; GENERAL SUPPORT

  • SMITH RIVER ALLIANCE INC

    $830,000

    PHILANTHROPY RELATED TO PROTECTING OUR PLANET FROM CLIMATE CHANGE; GENERAL SUPPORT

  • CAMPAIGN FOR A SAFE AND HEALTHY CALIFORNIA

    $500,000

    ADVOCACY RELATED TO PROTECTING OUR PLANET FROM CLIMATE CHANGE; GENERAL SUPPORT

  • SENATE MAJORITY PAC

    $200,000

    ADVOCACY RELATED TO PROTECTING OUR PLANET FROM CLIMATE CHANGE; GENERAL SUPPORT

  • TIDES ADVOCACY

    $100,000

    ADVOCACY RELATED TO PROTECTING OUR PLANET FROM CLIMATE CHANGE; GENERAL SUPPORT

  • CLIMATE CABINET ACTION

    $75,000

    ADVOCACY RELATED TO PROTECTING OUR PLANET FROM CLIMATE CHANGE; GENERAL SUPPORT

  • VENTURA COUNTY DEMOCRATIC CENTRAL COMMITTEE

    $45,500

    ADVOCACY RELATED TO PROTECTING OUR PLANET FROM CLIMATE CHANGE; GENERAL SUPPORT

The 10 largest by cash amount. The API serves every itemized grant.

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Disregarded entities

Part I: entities that legally are the filer and file no return of their own.

  • HT CONSERVATION HOLDINGS LLC

    LAND HOLDING COMPANY · DE · income $0 · assets $8,352,740

    Directly controlled by HOLDFAST TRUST

  • VENTURA RIVER PARKWAY DEVELOPMENT LLC

    PROPERTY HOLDINGS · DE · income $0 · assets $0

    Directly controlled by HOLDFAST TRUST

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

  • PATAGONIA WORKS - SEE PART VII EXPLANATION

    C · HOLDING COMPANY · CA · 77.7% owned · controlled entity

  • TP LOG SALVAGE LTD

    C · LAND HOLDING COMPANY · CA · 100% owned · share of assets $2,259,994 · controlled entity

    Directly controlled by HOLDFAST TRUST

Provenance

Return type
form_990
Tax year
2024
Filed
6 November 2025
IRS schema version
2024v5.2
Source object
202523109349304577

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.