The Freshwater Trust

Organization Overview

The Freshwater Trust is located in Portland, OR. The organization was established in 1989. According to its NTEE Classification (D33) the organization is classified as: Fisheries Resources, under the broad grouping of Animal-Related and related organizations. As of 12/2022, Freshwater Trust employed 66 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Freshwater Trust 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 12/2022, Freshwater Trust generated $7.7m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 1.7% each year. All expenses for the organization totaled $9.1m during the year ending 12/2022. While expenses have increased by 1.8% per year over the past 8 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

TO PRESERVE AND RESTORE FRESHWATER ECOSYSTEMS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

WATER QUALITY TRADING & WATERSHED ANALYTICS - THE FRESHWATER TRUST USES DATA TO IDENTIFY AND ILLUSTRATE THE SPECIFIC ACTION OR ACTIONS NECESSARY TO CHANGE THE TRAJECTORY OF A WATERSHED'S CURRENT CONDITION; USES THAT INSIGHT TO DRIVE THE POLICY CHANGES, FUNDERS, AND SOCIAL BUY-IN NECESSARY TO UNDERSTAND AND IMPLEMENT THAT OPTIMAL PATHWAY; AND THEN DEVELOPS THE OPERATIONAL/SUPPLY CHAIN CAPACITY AND INNOVATIVE CONSERVATION FINANCING APPROACHES NECESSARY TO DEPLOY THOSE SOLUTIONS. WATER QUALITY TRADING IS ONE IMPORTANT APPROACH FOR CONVERTING THIS INSIGHT INTO HIGH QUALITY ON-THE-GROUND RESULTS. THE FRESHWATER TRUST'S WATER QUALITY TRADING PROGRAM ALLOWS FOR REGULATED ENTITIES TO ACHIEVE REGULATORY COMPLIANCE BY FUNDING QUANTIFIED RESTORATION ACTIONS. BY CALCULATING AND QUANTIFYING HOW MUCH THERMAL ENERGY IS AVOIDED ON A RIVER BY PLANTING STREAMSIDE TREES, THE ORGANIZATION GENERATES CREDITS THAT ARE THEN PURCHASED BY WASTEWATER FACILITIES AND POWER PLANTS TO OFFSET THEIR IMPACTS TO IMPAIRED RIVERS AND STREAMS. THE WORK IS DONE IN PARTNERSHIP WITH REGULATED AGENCIES, IRRIGATORS, REGULATORS AND FARMERS. THIS PROGRAM CAN INCLUDE RESTORATION ACTIONS THAT GENERATE NOT ONLY TEMPERATURE CREDITS, BUT ALSO CREDITS GENERATED FROM REDUCTIONS OF OTHER POLLUTANTS, SUCH AS NUTRIENTS.


HABITAT - THE FRESHWATER TRUST ACTIVELY RESTORES AQUATIC HABITAT IN THE WESTERN UNITED STATES THROUGH ITS HABITAT RESTORATION PROGRAM. FROM PLACING LOGS INSTREAM TO CREATE RIVER COMPLEXITY AND PLANTING TREES TO STABILIZE STREAMBANKS AND PROVIDE SHADE TO LOWER WATER TEMPERATURE, THE ORGANIZATION ADVANCES SCIENCE-BASED, ECOLOGICALLY-SOUND RESTORATION PROJECTS TO RESTORE HABITAT FUNCTION CRITICAL TO SALMON PRODUCTIVITY.


FLOW - THE FRESHWATER TRUST RESTORES STREAM FLOWS BY WORKING COLLABORATIVELY WITH WILLING LANDOWNERS. THE ORGANIZATION USES A VARIETY OF COOPERATIVE SOLUTIONS, INCLUDING FINANCIAL COMPENSATION, TECHNICAL ASSISTANCE AND EXPERT ADVICE TO KEEP MORE WATER IN OUR STREAMS AND RIVERS.


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Board, Officers & Key Employees

Name (title)Compensation
Scott Sandbo
Chair
$0
Margaret Donavan Cormier
Treasurer
$0
Gary Fish
Secretary
$0
Peter Doubleday
Director / Former Treasurer
$0
Anthony Trunzo
Director
$0
Brad Preble
Director
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Aquatic Contracting Llc
In-stream Restoration
$340,814
M & M Services Llc
In-stream Restoration
$233,404
Columbia Helicopters Inc
Helicopter Delivery Of Project Supplies
$155,293
Cblack Llc
Software Development
$162,012
Lomakatsi Restoration Project
Riparian Restoration
$152,363
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$531,557
Related organizations$0
Government grants $1,201,925
All other contributions, gifts, grants, and similar amounts not included above$2,394,948
Noncash contributions included in lines 1a–1f $244,740
Total Revenue from Contributions, Gifts, Grants & Similar$4,128,430
Total Program Service Revenue$3,694,299
Investment income $4,846
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales -$258
Net Income from Fundraising Events -$144,494
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $7,682,823

Peer Organizations

Organization NameAssets
California Trout
San Francisco, CA
$20,921,260
International Pacific Halibut Commission
Seattle, WA
$11,001,813
The Freshwater Trust
Portland, OR
$7,682,823
Wild Salmon Center
Portland, OR
$9,538,255
Long Live The Kings
Seattle, WA
$4,701,376
Salmonid Restoration Federation
Eureka, CA
$4,293,365
Hood Canal Slmon Enhancement Group
Belfair, WA
$3,655,084
Cascade Columbia Fisheries Enhancement Group
Wenatchee, WA
$3,056,110
Nooksack Salmon Enhancement Association
Bellingham, WA
$2,619,798
Lower Columbia Fish Enhancement
Vancouver, WA
$2,613,314
South Puget Sound Salmon Enhancement Group
Olympia, WA
$2,017,493
Wild Fish Conservancy
Duvall, WA
$1,838,039
Skagit Fisheries Enhancement Group
Mount Vernon, WA
$1,743,902
North Olympic Salmon Coalition
Port Townsend, WA
$1,718,434
Mid Puget Sound Fisheries Enhancement Group
Seattle, WA
$1,574,439
Native Fish Society Inc
Oregon City, OR
$1,155,282
The Stronghold Fund
Portland, OR
$1,831,875
Hood Canal Coordinating Council
Poulsbo, WA
$1,233,171
Upper Columbia Salmon Recovery Board
Wenatchee, WA
$1,300,553
Eel River Watershed Improvement Group
Fortuna, CA
$982,674
Chehalis Basin Fisheries Task Force
Montesano, WA
$985,777
California Wetfish Producers Association
Buellton, CA
$984,046
Monterey Bay Salmon & Trout Project
Santa Cruz, CA
$1,094,472
Stilly-Snohomish Fisheries
Mukilteo, WA
$785,260
Sacramento Valley Ecological Restoration Foundation
Woodland, CA
$998,516

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