International Sustainable Energy Foundation
- Assets
- $23.8m
- Revenue
- $24.2m
- Investments
- $0.0
- Employees
- 3
- Location
- Austin, TX
- Founding
- Data as of
- 12/2022
- EIN
- 87-2509491
Organization Overview
International Sustainable Energy Foundation is located in Austin, TX. According to its NTEE Classification (C99) the organization is classified as: Environment N.E.C., under the broad grouping of Environment and related organizations. As of 12/2022, International Sustainable Energy Foundation employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. International Sustainable Energy Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
INTERNATIONAL SUSTAINABLE ENERGY FOUNDATION'S MISSION IS TO PROMOTE AN ENVIRONMENTALLY SUSTAINABLE AND CLIMATE FRIENDLY WORLD BY SUPPORTING CLIMATE ACTION THAT CONTRIBUTE TO PRESERVATION OF THE ENVIRONMENT, INCLUDING ACCESS FOR DEVELOPMENT, ADAPTATION, AIR QUALITY, CLIMATE FINANCE, CITIES & URBAN PLANNING, DECARBONIZATION, JUST TRANSITION, LAND-USE, LOW CARBON DEVELOPMENT, RESILIENCE, SMART AGRICULTURE, SUSTAINABLE ENERGY POLICIES, WATER ETC. WITHIN A SUSTAINABLE DEVELOPMENT PARADIGM.
Describe the Organization's Program Activity:
Part 3 - Line 4a
GRANTS WERE PROVIDED AND EXPENSES WERE INCURRED TO SUPPORT THE INTRODUCTION OF ELECTRIC VEHICLES, PRIMARILY BUSES, IN INDIA.
PROVIDED GRANTS AND PAID EXPENSES TO SUPPORT RESEARCH NEEDED FOR FRAMING STRATEGIES, POLICIES AND GUIDELINES TO REDUCE FOSSIL FUEL DEMAND IN AGRICULTURE AND FOR THE CONSTRUCTION OF SMART BUILDINGS IN INDIA.
GRANT WAS PROVIDED AND EXPENSES WERE PAID TO FUND RESEARCH FOR DEVELOPMENT AND IMPLEMENTATION OF A CARBON EMISSION TRADING PLATFORM IN INDIA. IN AN EFFORT TO REDUCE CARBON DIOXIDE AND OTHER GREENHOUSE GASES AND TO LIMIT CLIMATE CHANGE BY CREATING A MARKET WITH LIMITED ALLOWANCES FOR EMISSIONS.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Chris Munson President | Trustee | 10 | $25,000 |
Anand Gopal Director | Trustee | 0 | $0 |
Elizabeth Mckeon Director | Trustee | 0 | $0 |
Nathan Argent Director | Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $24,206,438 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $24,206,438 |
| Total Program Service Revenue | $0 |
| Investment income | $16,678 |
| 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 | $24,223,116 |
| 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 | $1,202,577 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $25,000 |
| Compensation of current officers, directors, key employees. | $15,000 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $39,244 |
| Pension plan accruals and contributions | $1,597 |
| Other employee benefits | $267 |
| Payroll taxes | $4,915 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $21,498 |
| Fees for services: Accounting | $1,800 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $82,888 |
| Advertising and promotion | $5,398 |
| Office expenses | $0 |
| Information technology | $7,164 |
| Royalties | $0 |
| Occupancy | $2,113 |
| Travel | $8,153 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $1,403,215 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $11,267,891 |
| Savings and temporary cash investments | $10,016,678 |
| Pledges and grants receivable | $2,500,000 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $46,862 |
| Total assets | $23,831,431 |
| Accounts payable and accrued expenses | $21,856 |
| Grants payable | $989,674 |
| 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 | $1,011,530 |
| Net assets without donor restrictions | $0 |
| 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 | $22,819,901 |
| Total liabilities and net assets/fund balances | $23,831,431 |