Rainforest Fund Inc
- Assets
- $6.2m
- Revenue
- $383.8k
- Investments
- $5.1m
- Employees
- 1
- Location
- New York, NY
- Founding
- 09/1993
- Data as of
- 12/2021
- 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 12/2021, Rainforest Fund Inc generated $383.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (16.6%) each year. All expenses for the organization totaled $1.0m during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (7.2%) per year over the past 7 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
2021
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
KENYA - THE CHEPKITALE INDIGENOUS PEOPLES DEVELOPMENT PROJECT (CIPDP).THE PURPOSE OF THIS PROJECT IS TO SECURE CHEPKITALE OGIEK COMMUNITY ANCESTRAL LAND (MONITORED BY FOREST PEOPLE'S PROGRAMME).
CENTRAL AFRICAN REPUBLIC - RAINFOREST FOUNDATION UK - THIS PROJECT WORKS WITH THE INDIGENOUS BAYAKA PEOPLE AS WELL AS BANTU COMMUNITIES AND ENGAGES WITH 24 VILLAGES. THE PROJECT STRENGTHENS THE LIVELIHOODS OF THE COMMUNITIES AND ADVANCES COMMUNITY DEVELOPMENT.
ECUADOR - THE PURPOSE OF THIS PROJECT IS TO SUPPORT CEIBO ALLIANCE PROTECT THE RIGHTS AND LAND OF INDIGENOUS PEOPLES IN THE ECUADORIAN AMAZON.
THE ORGANIZATIONS PROGRAMS SERVICES ARE PRIMARILY BASED OUTSIDE OF THE UNITED STATES. SEE SCHEDULES F AND I FOR PROGRAM SERVICES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Li Lu Treasurer | OfficerTrustee | 0.5 | $0 |
Franca Sciuto Executive Director | OfficerTrustee | 1 | $0 |
John-Paul Davidson Chairperson | OfficerTrustee | 2 | $0 |
Trudie Styler Co-Chairwoman | OfficerTrustee | 1.5 | $0 |
Joe Sumer Board Member | OfficerTrustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $27,627 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $29,149 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $56,776 |
| Total Program Service Revenue | $0 |
| Investment income | $129,646 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $197,333 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $383,755 |
| 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 | $856,162 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $38,483 |
| Compensation of current officers, directors, key employees. | $12,828 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $39,833 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $14,154 |
| Payroll taxes | $3,402 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $11,984 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $3,227 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $22,897 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $36,021 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $339 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,393 |
| Insurance | $2,553 |
| All other expenses | $396 |
| Total functional expenses | $1,049,217 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,019,167 |
| Savings and temporary cash investments | $16,524 |
| Pledges and grants receivable | $1,050 |
| 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 | $5,023 |
| Net Land, buildings, and equipment | $173 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $5,121,364 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $20,090 |
| Total assets | $6,183,391 |
| Accounts payable and accrued expenses | $2,497 |
| 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 | $2,497 |
| Net assets without donor restrictions | $6,180,894 |
| 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 | $6,183,391 |
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 |
Brooklyn, NY PURPOSE: TO SUPPORT FOUNDATION'S ACTIVITES. | $8,000 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that Rainforest Fund Inc has recieved totaling $341.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $127 |
Baker Hughes Foundation Houston, TX PURPOSE: GENERAL SUPPORT | $107 |
Baker Hughes Foundation Houston, TX PURPOSE: GENERAL SUPPORT | $107 |
Harvey And Phyllis Sandler Foundation Inc Boca Raton, FL PURPOSE: CHARITABLE PURPOSES | $0 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Sustainable Markets Foundation New York, NY | $17,976,931 | $19,381,628 |
Only One Inc New York, NY | $3,262,058 | $9,834,103 |
New Jersey Audubon Society Bernardsville, NJ | $31,869,877 | $7,026,003 |
Cec Stuyvesant Cove Inc Long Island City, NY | $4,789,679 | $6,047,317 |
Wildlife Management Institute Inc Cabot, VT | $3,841,271 | $5,821,824 |
The Connecticut Audubon Society Incorporated Fairfield, CT | $62,592,543 | $6,801,215 |
Ruffed Grouse Society Pittsburgh, PA | $13,438,836 | $6,572,928 |
Mothers Out Front Inc Cambridge, MA | $3,902,382 | $3,274,134 |
Nantucket Conservation Foundation Inc Nantucket, MA | $151,824,686 | $12,776,139 |
American Society For The Protection Of Nature Israel Inc New York, NY | $437,688 | $3,144,160 |
Guanacaste Dry Forest Conservation Fund Huntington, VT | $19,091,340 | $3,460,477 |
Pa Assoc Of Conservation Districts Inc Harrisburg, PA | $2,577,881 | $2,656,352 |