Bonneville Environmental Foundation
- Assets
- $37.3m
- Revenue
- $22.3m
- Investments
- $0.0
- Employees
- 29
- Location
- Portland, OR
- Founding
- 11/1998
- Data as of
- 03/2022
- EIN
- 93-1248274
Organization Overview
Bonneville Environmental Foundation is located in Portland, OR. The organization was established in 1998. According to its NTEE Classification (C20) the organization is classified as: Pollution Abatement & Control, under the broad grouping of Environment and related organizations. As of 03/2022, Bonneville Environmental Foundation employed 29 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bonneville Environmental Foundation 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 03/2022, Bonneville Environmental Foundation generated $22.3m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 16.7% each year . All expenses for the organization totaled $17.7m during the year ending 03/2022. While expenses have increased by 17.7% per year over the past 7 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.
Since 2015, Bonneville Environmental Foundation has awarded 236 individual grants totaling $15,569,969. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
WE BRING TOGETHER PARTNERS ACROSS ALL SECTORS OF SOCIETY TO CO-CREATE INNOVATIVE SOLUTIONS THAT ADDRESS CLIMATE CHALLENGES PRIMARILY BY RESTORING FRESHWATER ECOSYSTEMS AND CATALYZING A RENEWABLE ENERGY FUTURE FOR ALL.
Describe the Organization's Program Activity:
Part 3 - Line 4a
RENEWABLE ENERGY SERVICES: BEF DEVELOPS AND PROMOTES BOTH SHORT AND LONG-TERM STRATEGIES FOR THE ADVANCEMENT OF RENEWABLE ENERGY AND THE DESTRUCTION OF GREENHOUSE GAS EMISSIONS. BEF INVESTS IN THE RESEARCH AND DEMONSTRATION OF INNOVATIVE SOLAR, SMALL-HYDRO, AND BIOMASS PROJECTS AROUND THE COUNTRY BY MANAGING SITING, EVALUATION, INSTALLATION, AND MONITORING OF NEW PROJECTS ON BEHALF OF FUNDING ORGANIZATIONS AND OTHER PROJECT PARTNERS BY PROMOTING AND MARKETING RENEWABLE ENERGY CERTIFICATES ("RECS") AND CARBON OFFSETS ("OFFSETS"). THE PROGRAM SUPPORTS THE DEVELOPMENT OF BOTH LARGE AND SMALL-SCALE RENEWABLE ENERGY PROJECTS USING WIND, SOLAR, GEOTHERMAL, AND BIOGAS RESOURCES. DURING THE YEAR BEF DELIVERED 646,411 RECS AND 337,164 OFFSETS TO ITS UTILITY, BUSINESS, GOVERNMENT, AND NONPROFIT CUSTOMERS.
ENERGY EDUCATION PROGRAM: THE FOUNDATION'S CLEAN ENERGY. BRIGHT FUTURES ("CE") PROGRAM DELIVERS A STEM BASED ENERGY EDUCATION PROGRAM THROUGHOUT THE COUNTRY THAT IS FUNDED BY CORPORATIONS, UTILITIES, AND OTHER FOUNDATION PARTNERS WHO ARE INTERESTED IN SUPPORTING A COMMUNITY-BASED, INTERACTIVE ENERGY EDUCATION PROGRAM THAT DELIVERS DIRECT BENEFITS TO THE COMMUNITIES WITHIN WHICH THEY RESIDE AND OPERATE. DURING THE COURSE OF THE YEAR, CE ADAPTED ITS PROGRAM TO PROVIDE VIRTUAL TOOLS TO EDUCATORS AND LAUNCHED A ROBUST FELLOWSHIP PROGRAM TO EXPAND THE REACH OF THE PROGRAM ACROSS THE U.S. CE PROVIDES BENEFITS FOR STUDENTS THROUGH TEACHER TRAINING WORKSHOPS, CURRICULUM DEVELOPMENT LABS, STEM CONFERENCES, AND STUDENT ENGINEERING CHALLENGES, MANY OF WHICH WERE SUSPENDED THIS YEAR DUE TO THE COVID-19 PANDEMIC.
WATER SUSTAINABILITY SERVICES: THE FOUNDATION SUPPORTS THE RESTORATION OF DAMAGED WATERSHED ECOSYSTEMS. THROUGH ITS MODEL WATERSHED PROGRAM, THE FOUNDATION DIRECTLY SUPPORTS SCIENCE-BASED WATERSHED RESTORATION INITIATIVES THAT DEMONSTRATE STRONG COMMUNITY ENGAGEMENT AND EMPLOY A LONG-TERM MONITORING-INTENSIVE RESTORATION APPROACH. THROUGH THE CREATION AND PROMOTION OF WATER RESTORATION CERTIFICATES ("WRCS") THE FOUNDATION QUANTIFIES THE VOLUMETRIC BENEFITS OF WATER RESTORATION PROJECTS THAT IT FUNDS THROUGHOUT THE COUNTRY AND PROVIDES A TURNKEY SOLUTION FOR CORPORATIONS AND OTHER ORGANIZATIONS TO BALANCE THEIR WATER USAGE. DURING THE YEAR THE FOUNDATION DELIVERED 6,556,022 WRCS; EQUIVALENT TO 6,556,022,000 GALLONS OF WATER RESTORED TO CRITICALLY DEWATERED RIVERS AND STREAMS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Todd Reeve Chief Executive Officer | Officer | 40 | $200,401 |
Felicia Phillips Chief Financial Officer | Officer | 40 | $165,495 |
Valerie Fishman Chief Development Officer | Officer | 40 | $146,109 |
Evan Ramsey Senior Program Manager | 40 | $108,925 | |
Emily Leach Treasurer | OfficerTrustee | 0.3 | $0 |
Ralph Cavanagh Vice Chair | OfficerTrustee | 0.5 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Nancy Bsales Advisor Services | 3/30/18 | $176,549 |
Mackey Partners Llc Professional Services | 3/30/18 | $110,574 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $154,325 |
| All other contributions, gifts, grants, and similar amounts not included above | $14,451,399 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $14,605,724 |
| Total Program Service Revenue | $7,316,235 |
| Investment income | $72,483 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $291,015 |
| 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 | $22,287,565 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $6,871,460 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $714,008 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $713,430 |
| Compensation of current officers, directors, key employees. | $129,326 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,331,207 |
| Pension plan accruals and contributions | $55,988 |
| Other employee benefits | $151,797 |
| Payroll taxes | $167,812 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $163,079 |
| Fees for services: Accounting | $84,753 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,503,963 |
| Advertising and promotion | $107,931 |
| Office expenses | $56,105 |
| Information technology | $118,409 |
| Royalties | $0 |
| Occupancy | $117,375 |
| Travel | $50,841 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $34,389 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $115,604 |
| Insurance | $9,046 |
| All other expenses | $0 |
| Total functional expenses | $17,692,839 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $14,114,367 |
| Savings and temporary cash investments | $5,801,535 |
| Pledges and grants receivable | $9,692,180 |
| Accounts receivable, net | $1,420,356 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $226,383 |
| Inventories for sale or use | $4,243,953 |
| Prepaid expenses and deferred charges | $807,174 |
| Net Land, buildings, and equipment | $464,282 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $500,000 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $37,270,230 |
| Accounts payable and accrued expenses | $4,411,823 |
| Grants payable | $0 |
| Deferred revenue | $781,821 |
| 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 | $13,823 |
| Total liabilities | $5,207,467 |
| Net assets without donor restrictions | $13,759,513 |
| Net assets with donor restrictions | $18,303,250 |
| 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 | $37,270,230 |
Grants Awarded
Over the last fiscal year, Bonneville Environmental Foundation has awarded $6,818,495 in support to 54 organizations.
| Grant Recipient | Amount |
|---|---|
ARIZONA DEPARTMENT OF WATER RESOURCES PURPOSE: CONTRIBUTION TO THE SYSTEM CONSERVATION FUND | $1,841,725 |
Arlington, VA PURPOSE: BABE'S IRRIGATION MODERNIZATION | $878,160 |
Memphis, TN PURPOSE: WETLAND RESTORATION | $532,785 |
Chico, CA PURPOSE: SAND SLOUGH SLIDE CHANNEL RECONNECTION PROJECT | $500,000 |
Missoula, MT PURPOSE: WATER PROJECT IN RITO PENAS | $425,000 |
SANTA CLARA VALLEY OPEN SPACE AUTHORITY PURPOSE: FISHER CREEK PROJECT | $322,000 |
Grants Recieved
Over the last fiscal year, we have identified 20 grants that Bonneville Environmental Foundation has recieved totaling $5,315,559.
| Awarding Organization | Amount |
|---|---|
Greater Cincinnati Foundation Cincinnati, OH PURPOSE: GENERAL PURPOSE | $1,500,000 |
New Venture Fund Washington, DC PURPOSE: ENVIRONMENTAL PROGRAMS | $1,048,225 |
Walton Family Foundation Inc Bentonville, AR PURPOSE: TO PROVIDE FUNDING FOR THE BUSINESS FOR WATER STEWARDSHIP PROGRAM IN SUPPORT OF COLORADO RIVER BASIN GOALS. | $845,500 |
Walton Family Foundation Inc Bentonville, AR PURPOSE: TO SUPPORT BUSINESS FOR WATER STEWARDSHIP, THE COLLECTIVE VOICE AND ENGAGEMENT PLATFORM FOR BUSINESS AND CORPORATE PARTNERS TO ENGAGE ON COLORADO RIVER ISSUES. | $329,000 |
Arconic Foundation Pittsburgh, PA PURPOSE: CHANGE THE COURSE WATER PROJECT FUNDING PROGRAM | $250,000 |
The Blackbaud Giving Fund Charleston, SC PURPOSE: GENERAL SUPPORT | $225,400 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Carbon Mapper Inc Pasadena, CA | $31,271,707 | $23,068,061 |
Bonneville Environmental Foundation Portland, OR | $37,270,230 | $22,287,565 |
Heat And Frost Insulators And Allied Work Hlth And Welf Trst Fnd West Covina, CA | $22,035,506 | $17,164,369 |
Valley Water Management Company Bakersfield, CA | $39,706,744 | $18,737,791 |
Oregon Climate Trust Portland, OR | $32,274,539 | $14,712,148 |
Northwest Insulation Workers Welfare Trust Seattle, WA | $27,184,053 | $9,687,519 |
Valley Can Sacramento, CA | $1,279,199 | $6,833,414 |
Southern California Mountains Foundation San Bernardino, CA | $4,368,064 | $6,209,639 |
Nature And Culture International Del Mar, CA | $9,466,383 | $7,280,421 |
Ertv Compliance Group Seattle, WA | $560,337 | $3,284,269 |
Seventh Generation Advisors Santa Monica, CA | $10,066,340 | $3,860,775 |
Environmental Research Center Inc San Diego, CA | $11,028,825 | $2,712,741 |