The Grantham Foundation For The Protection Of The Environment
- Assets
- $585.1m
- Revenue
- $210.5m
- Investments
- $390.6m
- Employees
- 0
- Location
- Boston, MA
- Founding
- 01/1998
- Data as of
- 12/2021
- EIN
- 04-6856456
Organization Overview
The Grantham Foundation For The Protection Of The Environment is located in Boston, MA. The organization was established in 1998. According to its NTEE Classification (T50) the organization is classified as: Philanthropy, Charity & Voluntarism Promotion, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Grantham Foundation For The Protection Of The Environment is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Grantham Foundation For The Protection Of The Environment generated $210.5m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 30.7% each year . All expenses for the organization totaled $48.7m during the year ending 12/2021. While expenses have increased by 8.5% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Grantham Foundation For The Protection Of The Environment has awarded 448 individual grants totaling $240,505,668. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jeremy Grantham Trustee | 5 | $0 | |
Hannelore Grantham Trustee | 5 | $0 | |
Oliver Grantham Trustee | 0.1 | $0 | |
Rupert Grantham Trustee | 0.1 | $0 | |
Isabel Grantham Rappoport Trustee | 0.1 | $0 | |
Ramsay Ravenel President | 40 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Cambridge Associates | 12/30/22 | $1,913,244 |
Evercore | 12/30/22 | $615,800 |
Raphael And Raphael Llp | 12/30/22 | $201,620 |
Ropes & Gray | 12/30/22 | $134,554 |
Plesner | 12/30/22 | $53,157 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $81,525,504 |
| Interest on Savings | $2,193 |
| Dividends & Interest | $2,856,161 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $120,130,723 |
| Capital Gain Net Income | $161,715,668 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $5,943,219 |
| Total Revenue | $210,457,800 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $1,375,027 |
| Taxes | $1,958,197 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $195,556 |
| Total operating and administrative expenses | $13,588,942 |
| Contributions, gifts, grants paid | $35,114,310 |
| Total expenses and disbursements | $48,703,252 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $188,601,844 |
| Net Accounts receivable | $2,991,438 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $1,317,384 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $360,628,732 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $1,558,418 |
| Total assets | $585,096,833 |
| Accounts payable and accrued expenses | $1,352,343 |
| Grants payable | $250,000 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $8,250,570 |
| Total liabilities | $9,852,913 |
Grants Awarded
Over the last fiscal year, The Grantham Foundation For The Protection Of The Environment has awarded $54,586,116 in support to 78 organizations.
| Grant Recipient | Amount |
|---|---|
350 ORG PURPOSE: INVESTING IN COMMUNITY DRIVEN SOLUTIONS | $950,000 |
ADVANCED ENERGY ECONOMY PURPOSE: PUBLIC UTILITY COMMISSION EDUCATION | $250,000 |
ALTASEA PURPOSE: MACROALGAE SEED BANK | $900,000 |
CALIFORNIA INSTITUTE OF TECHNOLOGY PURPOSE: CARBON MINERALIZATION PROJECT | $1,800,000 |
CAMBRIDGE IN AMERICA PURPOSE: CLIMATE SCIENCE & POLICY RESEARCH | $313,046 |
BIONUTRIENT FOOD ASSOCIATION PURPOSE: REGENERATIVE FOOD NUTRITION RESEARCH | $300,000 |