Rainforest Fund Inc
- Assets
- $3.7m
- Revenue
- $744.1k
- Investments
- $3.4m
- Employees
- 1
- Location
- New York, NY
- Founding
- 09/1993
- Data as of
- 12/2023
- EIN
- 13-3710434
Organization Overview
Rainforest Fund Inc is located in New York, NY. The organization was established in 1993. According to its NTEE Classification (C30) the organization is classified as: Natural Resources Conservation & Protection, under the broad grouping of Environment and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Rainforest Fund Inc 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 12/2023, Rainforest Fund Inc generated $744.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (6.5%) each year. All expenses for the organization totaled $1.0m during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (6.0%) per year over the past 9 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO PROTECT AND SUPPORT INDIGENOUS PEOPLES AND TRADITIONAL POPULATIONS OF THE RAINFOREST IN THEIR EFFORTS TO PROTECT THEIR ENVIRONMENT AND DEFEND THEIR RIGHTS, TO PROMOTE SUSTAINABLE DEVELOPMENT OF THEIR COMMUNITIES, AND TO CHALLENGE GOVERNMENT PRACTICES WHICH HAVE A DAMAGING EFFECT ON THEIR ENVIRONMENT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
COSTA RICA -THIS PROJECT SUPPORT INDIGENOUS PEOPLE BRIBRI DE SALTIRE PUNTERENAS PROVINCE IN DEFENSE OF THEIR ANCESTRAL LAND AND LEGAL RIGHTS (FPP). THE SUPPORT HAS PLAYED A CRUCIAL ROLE IN EMPOWERING THE BRIBRI AND NEIGHBORINGBRORAN COMMUNITIES TO DEFEND THEMSELVES AGAINST ILLEGAL AND VIOLENT ATTACKS BY INVADERS. ADDITIONALLY, THERE IS AN URGENT NEED TO STRENGTHEN THEIR CULTURAL IDENTITY AND OVERCOME GOVERNMENT RESISTANCE.
THE ORGANIZATIONS PROGRAMS SERVICES ARE PRIMARILY BASED OUTSIDE OF THE UNITED STATES. SEE SCHEDULES F AND I FOR PROGRAM SERVICES.
KENYA - "CHEPKITALE INDIGENOUS PEOPLES DEVELOPMENT PROJECT - CIPDP" - THIS PROJECT IS A CONTINUATION OF OUR PREVIOUS YEARS PROJECT. THE MAIN PURPOSE OF IT IS TO SECURE THE CHEPKITALE OGIEK COMMUNITY'S ANCESTRAL LAND.
BRAZIL - "AMAPA INDIGENOUS AND TRADITION RIGHTS"- TO STRENGTHEN INDIGENOUS AND QUILOMBOLA COMMUNITIES RESPONSE TO ADVANCE OF DEFORESTATION AND RECOGNITION OF TRADITIONAL LAND RIGHTS (ECAM).
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Li Lu Treasurer | OfficerTrustee | 0.5 | $0 |
Trudie Styler Co-Chairwoman | OfficerTrustee | 2 | $0 |
John-Paul Davidson Chairperson | OfficerTrustee | 10 | $0 |
Joe Sumer Board Member | OfficerTrustee | 1 | $0 |
Helen Fairclough Board Member | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $1,845 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $31,507 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $33,352 |
| Total Program Service Revenue | $0 |
| Investment income | $100,104 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $610,603 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $744,059 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $779,890 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $45,921 |
| Compensation of current officers, directors, key employees. | $15,307 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $58,000 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $14,946 |
| Payroll taxes | $4,695 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $3,630 |
| Fees for services: Accounting | $7,500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $2,383 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $33,847 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $38,262 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $1,257 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $2,846 |
| All other expenses | $630 |
| Total functional expenses | $1,009,747 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $21,312 |
| Savings and temporary cash investments | $270,507 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $6,521 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $3,403,671 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $19,850 |
| Total assets | $3,721,861 |
| Accounts payable and accrued expenses | $4,640 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $4,640 |
| Net assets without donor restrictions | $3,717,221 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $3,721,861 |
Grants Awarded
Over the last fiscal year, Rainforest Fund Inc has awarded $62,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
OYATE COMMUNITY FUND PURPOSE: TO SUPPORT CAMPAIGN AGAINST PIPELINE CONSTRUCTION IN NORTH DAKOTA. | $54,000 |
RAINFOREST FOUNDATION INC PURPOSE: TO SUPPORT FOUNDATION'S ACTIVITES. | $8,000 |