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Nonprofiteer
← RAINFOREST TRUST

Form 990 for tax year 2023

Filed by RAINFOREST TRUST.

This return was superseded by a later amendment. matched by us It is kept because history is preserved rather than replaced.

What the amendment changed

Compared with the latest return for 2023 , filed 12 May 2025. matched by us Only the return's totals, a 990-PF's accounting method and the names listed in Part VII (Part VIII on a 990-PF) are compared. We relate returns by organization, tax year and form, and order them by each return's own timestamp; the filer's own "amended return" checkbox is a separate fact.

Total revenue
$45,453,506 changed to $18,502,312
Total expenses
$34,155,297 changed to $17,606,567
Contributions and grants received
$41,407,870 changed to $15,658,699
Grants paid
$28,384,795 changed to $14,467,251
Investment income
$4,042,546 changed to $2,843,571
Other revenue
$3,090 changed to $42
Total assets, end of year
$121,913,145 changed to $122,718,026
Total liabilities, end of year
$297,630 changed to $398,257
Net assets or fund balances, end of year
$121,615,515 changed to $122,319,769
Program services expenses
$31,256,861 changed to $16,014,415
Management and general expenses
$858,075 changed to $668,525
Fundraising expenses
$2,040,361 changed to $923,627
Program service expenses (Part III)
$31,256,861 changed to $16,014,415

Listed only on the earlier return

  • Alicia Bush
  • Dr James C Deutsch
  • Dr Wayt Thomas Until 523
  • Drcullen Geiselmanfrom 523
  • Edith McBean Until 523
  • Eric Veach
  • James Lewis
  • Kimberly Stewart
  • Leslie Vansant End 51823
  • Patricia Koval From 523
  • Sally F Davidson

Listed only on the later return

  • Dr Cullen Geiselman
  • Dr Eric Veach
  • James Deutsch
  • Jeffrey Zack
  • Kim Lundgren
  • Kim Stewart
  • Patricia Koval
  • Sally Davidson

Listed under a different title

  • Dr Bernie Tershy: DIRECTOR then CHARIMAN (AS OF 06/24)
  • John Mitchell: CHAIR EMERITUS then CHAIR OF THE COUNCIL (UNTIL 06/24)

Totals

Total revenue
$45,453,506
Total expenses
$34,155,297
Contributions and grants received
$41,407,870
Grants paid
$28,384,795
Program service revenue
$0
Investment income
$4,042,546
Other revenue
$3,090
Total assets, end of year
$121,913,145
Total liabilities, end of year
$297,630
Net assets or fund balances, end of year
$121,615,515
Program services expenses (Part IX)
$31,256,861
Management and general expenses
$858,075
Fundraising expenses
$2,040,361
Program service expenses (Part III)
$31,256,861

Program services were 91.5% 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

    $41,407,870

  • 1g · Noncash contributions included above

    $16,908,189

  • 3 · Investment income

    total $3,985,029 · excluded $3,985,029

  • 7a · Gross sales of assets other than inventory

    securities $33,628,707 · other assets $3,342

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

    securities $33,550,380 · other assets $24,152

  • 7c · Gain or loss

    securities $78,327 · other assets -$20,810

  • 7d · Net gain or loss

    total $57,517 · excluded $57,517

  • 11a · Other revenue: OTHER

    total $3,090 · excluded $3,090

  • 11e · Other revenue, total

    $3,090

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $4,825,721 · program services $4,825,721

  • 3 · Grants to foreign organizations and individuals

    total $23,559,074 · program services $23,559,074

  • 5 · Compensation of officers, directors and key employees

    total $432,718 · program services $149,713 · management and general $192,141 · fundraising $90,864

  • 7 · Other salaries and wages

    total $2,928,160 · program services $1,523,655 · management and general $350,925 · fundraising $1,053,580

  • 8 · Pension plan contributions

    total $61,382 · program services $32,513 · management and general $6,290 · fundraising $22,579

  • 9 · Other employee benefits

    total $192,990 · program services $96,588 · management and general $30,249 · fundraising $66,153

  • 10 · Payroll taxes

    total $269,254 · program services $134,243 · management and general $43,167 · fundraising $91,844

  • 11b · Fees: legal

    total $16,340 · program services $10,570 · management and general $2,694 · fundraising $3,076

  • 11c · Fees: accounting

    total $23,750 · management and general $23,750

  • 11f · Fees: investment management

    total $67,709 · management and general $67,709

  • 11g · Fees: other

    total $536,552 · program services $384,628 · management and general $27,888 · fundraising $124,036

  • 12 · Advertising and promotion

    total $361,186 · program services $66,062 · fundraising $295,124

  • 13 · Office expenses

    total $340,731 · program services $195,227 · management and general $55,447 · fundraising $90,057

  • 14 · Information technology

    total $179,051 · program services $46,359 · management and general $22,945 · fundraising $109,747

  • 16 · Occupancy

    total $39,302 · program services $20,166 · management and general $5,381 · fundraising $13,755

  • 17 · Travel

    total $235,881 · program services $168,475 · management and general $17,784 · fundraising $49,622

  • 22 · Depreciation, depletion and amortization

    total $59,434 · program services $30,495 · management and general $8,137 · fundraising $20,802

  • 23 · Insurance

    total $26,062 · program services $13,372 · management and general $3,568 · fundraising $9,122

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $5,817,393 · end of year $4,239,667

  • 2 · Savings and temporary cash investments

    beginning of year $98,106,371 · end of year $33,283,520

  • 3 · Pledges and grants receivable

    beginning of year $3,652,529 · end of year $3,775,180

  • 7 · Other notes and loans receivable

    beginning of year $247 · end of year $254

  • 9 · Prepaid expenses and deferred charges

    beginning of year $154,278 · end of year $186,222

  • 10a · Land, buildings and equipment: cost or other basis

    $268,372

  • 10b · Land, buildings and equipment: accumulated depreciation

    $135,123

  • 10c · Land, buildings and equipment, net

    beginning of year $170,187 · end of year $133,249

  • 11 · Investments: publicly traded securities

    beginning of year $1,587,055 · end of year $80,290,237

  • 15 · Other assets

    beginning of year $62,187 · end of year $4,816

  • 17 · Accounts payable and accrued expenses

    beginning of year $333,349 · end of year $293,915

  • 25 · Other liabilities

    beginning of year $62,858 · end of year $3,715

  • 27 · Net assets without donor restrictions

    beginning of year $5,558,007 · end of year $10,131,611

  • 28 · Net assets with donor restrictions

    beginning of year $103,596,033 · end of year $111,483,904

Mission and programs · 2023

Mission

RAINFOREST TRUST SAVES ENDANGERED WILDLIFE AND PROTECTS OUR PLANET BY CREATING RAINFOREST RESERVES THROUGH PARTNERSHIPS, COMMUNITY ENGAGEMENT, AND DONOR SUPPORT.

Activities or mission (Part I)

RAINFOREST TRUST SAVES ENDANGERED WILDLIFE AND OUR PLANET BY CREATING PROTECTED RESERVES.

  • WORLD LAND AND BIODIVERSITY CONSERVATION: SINCE 1988, RAINFOREST TRUST HAS CONSERVED AREAS IN THE TROPICS AND SUBTROPICS THROUGH PARTNERSHIPS WITH LOCAL ORGANIZATIONS WHICH YIELD GOVERNMENT DESIGNATION OF NEW PROTECTED AREAS, THE PURCHASE OF LAND FOR PRIVATE NATURE RESERVES, AND STRENGTHENING LAND-TENURE AND GUARDIANSHIP OF INDIGENOUS PEOPLE AND LOCAL COMMUNITIES. THIS WORK YIELDS THREE AREAS OF IMPACT: ENDING THE BIODIVERSITY CRISIS BY SLOWING AND REVERSING THE EXTINCTION OF SPECIES, STEMMING CLIMATE CHANGE BY PERMANENTLY LOCKING UP CARBON AND PROTECTING NATURE'S ABILITY TO SEQUESTER CARBON FROM THE ATMOSPHERE, AND CONTRIBUTING TO THE RIGHTS AND LIVELIHOODS OF INDIGENOUS PEOPLE AND LOCAL COMMUNITIES.PROGRAM SERVICE ACCOMPLISHMENTS:FOR SPECIES: RAINFOREST TRUST RESERVES CURRENTLY PROVIDE CRITICALHABITAT FOR 31% OF ALL IUCN RED LIST THREATENED TERRESTRIAL MAMMALSPECIES AND 37% OF THREATENED TERRESTRIAL BIRDS.FOR CLIMATE: RAINFOREST TRUST PROJECTS HAVE PERMANENTLY LOCKED UP 7.4BILLION METRIC TONS OF CO2 EQUIVALENT, MORE THAN A YEAR'S WORTH OF USGREENHOUSE GAS EMISSIONS.FOR PEOPLE: APPROXIMATELY 65% OF ACRES PROTECTED OR CONSERVED WITHRAINFOREST TRUST FUNDING HAVE SUPPORTED THE RECOGNITION OF THE RIGHTS,GOVERNANCE CAPACITY AND/OR TERRITORIAL MANAGEMENT BY INDIGENOUS ORLOCAL COMMUNITIES, INCLUDING THROUGH SECURING LAND TENURE AND RESOURCE RIGHTS, AND RAINFOREST TRUST PROJECTS HAVE PROVIDED JOBS, LIVELIHOOD BENEFITS, AND THE SAFEGUARDING OF ECOSYSTEM SERVICES SUCH AS FRESH WATER TO MILLIONS OF PEOPLE. IN 2023, RAINFOREST TRUST AGREED NEW PROJECTS TOTALING OVER $46 MILLION AND PROTECTED OVER 1.5 MILLION ACRES OF HABITAT.

    Expenses $31,256,861 · Grants $28,384,795

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Eric Veach

    CHAIRMAN

    Total calculated
    $0
    Hours/week
    2

  • Drcullen Geiselmanfrom 523

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    2

  • Edith McBean Until 523

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    2

  • Patricia Koval From 523

    SECRETARY

    Total calculated
    $0
    Hours/week
    2

  • Dr Wayt Thomas Until 523

    SECRETARY

    Total calculated
    $0
    Hours/week
    2

  • Sarah Gillman

    TREASURER

    Total calculated
    $0
    Hours/week
    2

  • John Mitchell

    CHAIR EMERITUS

    Total calculated
    $0
    Hours/week
    2

  • Sally F Davidson

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Geoffrey Chen

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Eric Goode

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Kimberly Stewart

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Ann Kaupp

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Dr Robert S Ridgely

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • David Quammen

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Dr Bernie Tershy

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Dr James C Deutsch

    CHIEF EXECUTIVE OFFICER

    Total calculated
    $259,612
    From this org
    $242,832
    From related orgs
    $0
    Other
    $16,780
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $242,832
    Bonus
    $0
    Other
    $0
    Deferred
    $7,500
    Nontaxable benefits
    $9,280
    Filer's total
    $259,612

  • Melissa Hohimer

    CHIEF FINANCE OFFICER

    Total calculated
    $173,106
    From this org
    $166,909
    From related orgs
    $0
    Other
    $6,197
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $166,909
    Bonus
    $0
    Other
    $0
    Deferred
    $5,007
    Nontaxable benefits
    $1,190
    Filer's total
    $173,106

  • Leslie Vansant End 51823

    VICE PRESIDENT, PHILANTHRO

    Total calculated
    $151,035
    From this org
    $143,852
    From related orgs
    $0
    Other
    $7,183
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $53,887
    Bonus
    $0
    Other
    $89,965
    Deferred
    $2,111
    Nontaxable benefits
    $5,072
    Filer's total
    $151,035

  • James Lewis

    VICE PRESIDENT, CONSERVATI

    Total calculated
    $152,726
    From this org
    $138,219
    From related orgs
    $0
    Other
    $14,507
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $138,219
    Bonus
    $0
    Other
    $0
    Deferred
    $4,276
    Nontaxable benefits
    $10,231
    Filer's total
    $152,726

  • Alicia Bush

    DIRECTOR OF PHILANTHROPY

    Total calculated
    $130,416
    From this org
    $124,922
    From related orgs
    $0
    Other
    $5,494
    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 · Form 990 of other organizations
  • 3 · Written employment contract
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee
  • 4a · Severance or change-of-control payment

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
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

PART I, LINE 4A
VICE PRESIDENT $76,912

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

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

Provenance

Return type
form_990
Tax year
2023
Filed
12 November 2024
IRS schema version
2023v5.1
Source object
202403189349305570

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