Natural Resource Governance Institute is located in New York, NY. The organization was established in 2007. According to its NTEE Classification (Q02) the organization is classified as: Management & Technical Assistance, under the broad grouping of International, Foreign Affairs & National Security and related organizations. As of 12/2020, Natural Resource Governance Institute employed 20 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Natural Resource Governance Institute 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 12/2020, Natural Resource Governance Institute generated $16.0m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (5.4%) each year. All expenses for the organization totaled $10.9m during the year ending 12/2020. As we would expect to see with falling revenues, expenses have declined by (7.9%) per year over the past 6 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
THE NATURAL RESOURCE GOVERNANACE INSTITUTE("NRGI") IS A NON-PROFIT POLICY INSTITUTE AND GRANTMAKING ORGANIZATION THAT PROMOTES THE RESPONSIBLE MANAGEMENT OF OIL, GAS AND MINERAL RESOURCES FOR THE PUBLIC GOOD. WITH EFFECTIVE REVENUE MANAGEMENT, CITIZEN ENGAGEMENT AND REAL GOVERNMENT ACCOUNTABILITY, NATURAL RESOURCE WEALTH CAN DRIVE DEVELOPMENT AND NATIONAL GROWTH. NRGI PROVIDES THE EXPERTISE, FUNDING, APPLIED RESEARCH AND TECHNICAL ASSISTANCE TO HELP COUNTRIES REALIZE THESE BENEFITS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TRAINING AND CAPACITY DEVELOPMENT BUILDING CHANGE AGENTS' KNOWLEDGE AND CREATING NETWORKS OF REFORM-MINDED INDIVIDUALS IS ONE OF THE LINCHPINS OF NRGI'S WORK. AS ONLINE OFFERINGS BECAME THE ONLY WAY TO CONDUCT CERTAIN TYPES OF CAPACITY BUILDING, NRGI BUILT ON PAST ONLINE SUCCESSES. AT THE GLOBAL LEVEL, WE TRANSFORMED NRGI'S ADVANCED RESOURCE GOVERNANCE COURSE, USUALLY HELD IN PERSON IN A SINGLE LOCATION, INTO A FULLY ONLINE COURSE COMBINING LIVE LECTURES, QUESTION-AND-ANSWER SESSIONS, MULTIMEDIA CONTENT, FORUM DISCUSSIONS AND GROUP WORK. OUR IN-COUNTRY PROGRAMMING ALSO PIVOTED TO VIRTUAL OFFERINGS.
INTERNATIONAL ADVOCACYON THE GLOBAL LEVEL, WE SUPPORTED SIGNIFICANT IMPROVEMENTS TO GLOBAL STANDARDS FOR COMMODITY TRADING GUIDELINES AND REPORTING REQUIREMENTS AT THE EXTRACTIVE INDUSTRIES TRANSPARENCY INITIATIVE (EITI). WE USED OUR EXPERTISE TO INFLUENCE STANDARDS OF THE EITI, GLOBAL REPORTING INITIATIVE (GRI), AND THE ORGANIZATION FOR ECONOMIC CO-OPERATION AND DEVELOPMENT (OECD) TO BRING ENERGY TRANSITION ISSUES TO THE FORE OF THESE NORM-SETTING BODIES. NRGI ALSO WORKED ALONGSIDE THESE PARTNERS TO FACILITATE STRONGER STANDARDS AND FOCUS ON ANTI-CORRUPTION ISSUES. IN THE PRIVATE SECTOR, NRGI SHARED RECOMMENDATIONS AND FACILITATED DIALOGUE ON STRATEGIES TO LESSEN CORRUPTION RISKS WHEN DOING BUSINESS WITH STATE-OWNED ENTERPRISES.
RESEARCHNRGI PUBLISHED CROSS-COUNTRY ANALYSES OF GOVERNMENT RESPONSES TO THE FISCAL CHALLENGES POSED BY THE CORONAVIRUS AND RELATED SWINGS IN COMMODITY PRICES. TO FACILITATE THIS WORK, WE CONTINUED TO DRAW ON OUR NATIONAL OIL COMPANY DATABASE AS AN ANALYTICAL TOOL. THESE QUICK ANALYSES OFTEN LED TO ACTION-IN GHANA, NRGI WAS ABLE TO SUPPORT AND WORK ALONGSIDE CIVIL SOCIETY IN PREVENTING RISKY GOVERNMENT PANDEMIC RESPONSE PROPOSALS, INCLUDING THE CONTROVERSIAL AGYAPA GOLD ROYALTY DEAL.
TECHNICAL ASSISTANCENRGI CONTRIBUTED TO TAX POLICY REFORMS THAT HAVE THE POTENTIAL TO INCREASE GOVERNMENT REVENUE. FOR EXAMPLE, IN UGANDA, NRGI'S ANALYSIS OF THE 2018 FISCAL REGIME AND RESULTANT RECOMMENDATIONS WERE REFLECTED IN A NEWLY PUBLISHED REVENUE MOBILIZATION STRATEGY. IN ADDITION, IN GUINEA, LEBANON AND TUNISIA WE SUPPORTED POLICY CHANGES THAT HAVE LED TO GREATER TRANSPARENCY THROUGH DISCLOSURES OF INFORMATION. MONITORING AND EVALUATION IN 2020, NRGI EMBARKED ON ITS 2020-2025 ORGANIZATIONAL STRATEGY WHICH INCLUDES A REVISED ORGANIZATIONAL THEORY OF CHANGE. PLANNING IS UNDERWAY FOR A FUTURE ORGANISATIONAL EVALUATION AT THE END OF THIS STRATEGY PERIOD. NRGI STRIVES TO ALIGN ITS APPROACH TO CONTINUOUS IMPROVEMENT IN-LINE WITH THE VALUES OF A LEARNING ORGANISATION. TO ACHIEVE THIS, THE MEL TEAM WORKS WITH PROGRAM STAFF TO GATHER LESSONS TO CONTINUOUSLY IMPROVE THE QUALITY, RELEVANCE, AND EFFECTIVENESS OF ITS PROGRAMMING.
TRAINING AND CAPACITY DEVELOPMENT BUILDING CHANGE AGENTS' KNOWLEDGE AND CREATING NETWORKS OF REFORM-MINDED INDIVIDUALS IS ONE OF THE LINCHPINS OF NRGI'S WORK. AS ONLINE OFFERINGS BECAME THE ONLY WAY TO CONDUCT CERTAIN TYPES OF CAPACITY BUILDING, NRGI BUILT ON PAST ONLINE SUCCESSES. AT THE GLOBAL LEVEL, WE TRANSFORMED NRGI'S ADVANCED RESOURCE GOVERNANCE COURSE, USUALLY HELD IN PERSON IN A SINGLE LOCATION, INTO A FULLY ONLINE COURSE COMBINING LIVE LECTURES, QUESTION-AND-ANSWER SESSIONS, MULTIMEDIA CONTENT, FORUM DISCUSSIONS AND GROUP WORK. OUR IN-COUNTRY PROGRAMMING ALSO PIVOTED TO VIRTUAL OFFERINGS.
INTERNATIONAL ADVOCACYON THE GLOBAL LEVEL, WE SUPPORTED SIGNIFICANT IMPROVEMENTS TO GLOBAL STANDARDS FOR COMMODITY TRADING GUIDELINES AND REPORTING REQUIREMENTS AT THE EXTRACTIVE INDUSTRIES TRANSPARENCY INITIATIVE (EITI). WE USED OUR EXPERTISE TO INFLUENCE STANDARDS OF THE EITI, GLOBAL REPORTING INITIATIVE (GRI), AND THE ORGANIZATION FOR ECONOMIC CO-OPERATION AND DEVELOPMENT (OECD) TO BRING ENERGY TRANSITION ISSUES TO THE FORE OF THESE NORM-SETTING BODIES. NRGI ALSO WORKED ALONGSIDE THESE PARTNERS TO FACILITATE STRONGER STANDARDS AND FOCUS ON ANTI-CORRUPTION ISSUES. IN THE PRIVATE SECTOR, NRGI SHARED RECOMMENDATIONS AND FACILITATED DIALOGUE ON STRATEGIES TO LESSEN CORRUPTION RISKS WHEN DOING BUSINESS WITH STATE-OWNED ENTERPRISES.
RESEARCHNRGI PUBLISHED CROSS-COUNTRY ANALYSES OF GOVERNMENT RESPONSES TO THE FISCAL CHALLENGES POSED BY THE CORONAVIRUS AND RELATED SWINGS IN COMMODITY PRICES. TO FACILITATE THIS WORK, WE CONTINUED TO DRAW ON OUR NATIONAL OIL COMPANY DATABASE AS AN ANALYTICAL TOOL. THESE QUICK ANALYSES OFTEN LED TO ACTION-IN GHANA, NRGI WAS ABLE TO SUPPORT AND WORK ALONGSIDE CIVIL SOCIETY IN PREVENTING RISKY GOVERNMENT PANDEMIC RESPONSE PROPOSALS, INCLUDING THE CONTROVERSIAL AGYAPA GOLD ROYALTY DEAL.
TECHNICAL ASSISTANCENRGI CONTRIBUTED TO TAX POLICY REFORMS THAT HAVE THE POTENTIAL TO INCREASE GOVERNMENT REVENUE. FOR EXAMPLE, IN UGANDA, NRGI'S ANALYSIS OF THE 2018 FISCAL REGIME AND RESULTANT RECOMMENDATIONS WERE REFLECTED IN A NEWLY PUBLISHED REVENUE MOBILIZATION STRATEGY. IN ADDITION, IN GUINEA, LEBANON AND TUNISIA WE SUPPORTED POLICY CHANGES THAT HAVE LED TO GREATER TRANSPARENCY THROUGH DISCLOSURES OF INFORMATION. MONITORING AND EVALUATION IN 2020, NRGI EMBARKED ON ITS 2020-2025 ORGANIZATIONAL STRATEGY WHICH INCLUDES A REVISED ORGANIZATIONAL THEORY OF CHANGE. PLANNING IS UNDERWAY FOR A FUTURE ORGANISATIONAL EVALUATION AT THE END OF THIS STRATEGY PERIOD. NRGI STRIVES TO ALIGN ITS APPROACH TO CONTINUOUS IMPROVEMENT IN-LINE WITH THE VALUES OF A LEARNING ORGANISATION. TO ACHIEVE THIS, THE MEL TEAM WORKS WITH PROGRAM STAFF TO GATHER LESSONS TO CONTINUOUSLY IMPROVE THE QUALITY, RELEVANCE, AND EFFECTIVENESS OF ITS PROGRAMMING.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Suneeta Kaimal President & CEO (beginning 8/20) | Officer | 40 | $305,200 |
Daniel Kaufmann President & CEO (through 7/31/20) | Officer | 40 | $194,068 |
Patrick Heller Advisor | 40 | $157,782 | |
Luis Garcia Cfao | Officer | 40 | $155,995 |
Alexandra Gillies Advisor | 40 | $140,303 | |
Erica Westenberg Director Of Governance | 40 | $137,957 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Central European University Grant Awarded To Hold An Advanced Course | 12/30/18 | $248,822 |
The Ulanov Partnership Inc Management Consulting | 12/30/18 | $160,000 |
Fundacion Foro Nacional Por Colombia Grant Awarded To Support The Rlie | 12/30/18 | $178,670 |
African Centre For Media Excellence Grant Awarded To Promote Transparency An | 12/30/18 | $127,769 |
Publish What You Pay Grant Awarded To Create A Virtuous Cycle | 12/30/18 | $105,000 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $6,125,559 |
All other contributions, gifts, grants, and similar amounts not included above | $9,876,795 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $16,002,354 |
Total Program Service Revenue | $3,038 |
Investment income | $2,771 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $16,040,831 |
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 | $2,808,418 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $762,111 |
Compensation of current officers, directors, key employees. | $359,912 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $1,837,547 |
Pension plan accruals and contributions | $199,621 |
Other employee benefits | $592,251 |
Payroll taxes | $169,917 |
Fees for services: Management | $0 |
Fees for services: Legal | $61,997 |
Fees for services: Accounting | $96,351 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $3,112,017 |
Advertising and promotion | $0 |
Office expenses | $128,719 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $469,338 |
Travel | $59,977 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $144,427 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $76,993 |
Insurance | $83,470 |
All other expenses | $11,675 |
Total functional expenses | $10,932,421 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $1,500,743 |
Savings and temporary cash investments | $5,600,423 |
Pledges and grants receivable | $6,239,570 |
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 | $250,759 |
Net Land, buildings, and equipment | $265,375 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $151,874 |
Total assets | $14,008,744 |
Accounts payable and accrued expenses | $550,857 |
Grants payable | $142,539 |
Deferred revenue | $417,433 |
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 | $31,818 |
Total liabilities | $1,142,647 |
Net assets without donor restrictions | $7,627,057 |
Net assets with donor restrictions | $5,239,040 |
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 | $14,008,744 |
Over the last fiscal year, Natural Resource Governance Institute has awarded $28,000 in support to 2 organizations.
Grant Recipient | Amount |
---|---|
Washington, DC PURPOSE: TO PROMOTE TRANSPARENCY, ACCOUNTABILITY, AND OVERSIGHT WITHIN THE U.S. EXTRACTIVE INDUSTRIES, IN PARTICULAR THROUGH ENGAGEMENT WITH THE U.S. EXTRACTIVE INDUSTRIES TRANSPARENCY INITIATIVE (EITI) AND LEADING CIVIL SOCIETY GROUPS INVOLVED IN THE EITI IMPLEMENTATION PROCESS. | $23,000 |
VIRGINIA POLYTECHNIC INSTITUTE AND STATE UNIVERSITY PURPOSE: TO SURVEY AND ASSESS POSSIBLE TOPICS AND DATA SOURCES FOR THE FIRST REPORT OF THE US EXTRACTIVE INDUSTRIES TRANSPARENCY INITIATIVE (USEITI). | $5,000 |
Over the last fiscal year, we have identified 10 grants that Natural Resource Governance Institute has recieved totaling $10,287,500.
Awarding Organization | Amount |
---|---|
Foundation To Promote Open Society New York, NY PURPOSE: TO PROVIDE GENERAL SUPPORT | $4,000,000 |
Ford Foundation New York, NY PURPOSE: GENERAL SUPPORT AND CORE SUPPORT TO STRENGTHEN NRGI ORGANIZATIONALLY. | $2,100,000 |
William & Flora Hewlett Foundation Menlo Park, CA PURPOSE: FOR GENERAL OPERATING SUPPORT | $1,250,000 |
William & Flora Hewlett Foundation Menlo Park, CA PURPOSE: FOR GENERAL OPERATING SUPPORT | $1,250,000 |
Ford Foundation New York, NY PURPOSE: GENERAL SUPPORT AND FOR PROJECT SUPPORT FOR INSTITUTIONAL STRENGTHENING | $800,000 |
Luminate Foundation Inc Washington, DC PURPOSE: GENERAL OPERATING SUPPORT | $400,000 |
Organization Name | Assets | Revenue |
---|---|---|
Natural Resource Governance Institute New York, NY | $14,008,744 | $16,040,831 |
Blacksmith Institute Inc New York, NY | $13,522,554 | $10,512,947 |
Articlegroup Org Inc Brooklyn, NY | $1,374,310 | $2,181,406 |
Jewish Home Lifecare Community Services New York, NY | $545,047 | $487,228 |
People-Oriented Cities Inc Brooklyn, NY | $74,427 | $0 |
Life Transformation Foundation International Royersford, PA | $96,656 | $0 |
Enlightened World Foundation West Conshohocken, PA | $1,533,008 | $70,000 |
International Management Development Association Palmyra, PA | $165,645 | $0 |
The Nbi Foundation Inc Valhalla, NY | $0 | $0 |