Goldman Environmental Foundation
- Assets
- $124.5m
- Revenue
- $4.9m
- Investments
- $121.5m
- Employees
- 0
- Location
- San Francisco, CA
- Founding
- 07/1989
- Data as of
- 12/2023
- EIN
- 94-3094857
Organization Overview
Goldman Environmental Foundation is located in San Francisco, CA. The organization was established in 1989. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Goldman 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 12/2023, Goldman Environmental Foundation generated $4.9m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (3.4%) each year. All expenses for the organization totaled $8.8m during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Goldman Environmental Foundation has awarded 65 individual grants totaling $10,321,374. 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE GOLDMAN ENVIRONMENTAL FOUNDATION PRIMARILY ADMINISTERS THE GOLDMAN ENVIRONMENTAL PRIZE, WHICH RECOGNIZES INDIVIDUALS FOR SUSTAINED AND SIGNIFICANT EFFORTS TO PROTECT AND ENHANCE THE NATURAL ENVIRONMENT, OFTEN AT GREAT PERSONAL RISK (WITH APPROXIMATELY 6 PRIZES AWARDED ANNUALLY TO REGIONS AROUND THE WORLD). THE GOLDMAN PRIZE VIEWS "GRASSROOTS" LEADERS AS THOSE INVOLVED IN LOCAL EFFORTS, WHERE POSITIVE CHANGE IS CREATED THROUGH COMMUNITY OR CITIZEN PARTICIPATION. THROUGH RECOGNIZING THESE INDIVIDUAL LEADERS, THE GOLDMAN FOUNDATION SEEKS TO INSPIRE ORDINARY PEOPLE TO TAKE EXTRAORDINARY ACTIONS TO PROTECT THE NATURAL WORLD.
IN ADDITION, THE FOUNDATION PROVIDES TECHNICAL SUPPORT TO CURRENT AND FORMER PRIZE WINNERS, ESPECIALLY AROUND ONGOING DEFENSE CHALLENGES AND IN FURTHERING THEIR ENVIRONMENTAL WORK AND INFLUENCE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Goldman President | 2 | $0 | |
Susan Gelman Vice President & Treasurer | 2 | $0 | |
Jennifer Goldman Wallis Vice President & Secretary | 2 | $0 | |
G Michael Sutton Ed, Asst. Sec. & Asst. Treasurer | 37.5 | $359,773 | |
Ilan Kayatsky Communications Direc | 37.5 | $234,705 | |
Melissa Eckert Director, Finance & | 37.5 | $221,501 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Demonstrate Pr Llc | 12/30/23 | $379,250 |
Mill Valley Film Group | 12/30/23 | $352,969 |
Allison & Partners Llc | 12/30/23 | $289,184 |
Mccall's Cateringevents Management Inc | 12/30/23 | $196,239 |
Restaurant Associates | 12/30/23 | $174,862 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $15,310 |
| Dividends & Interest | $1,961,118 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $2,878,485 |
| Capital Gain Net Income | $2,588,759 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $4,854,913 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $360,231 |
| Other employee salaries and wages | $1,628,615 |
| Pension plans, employee benefits | $551,642 |
| Interest | $0 |
| Taxes | $202,073 |
| Depreciation | $63,867 |
| Occupancy | $427,007 |
| Travel, conferences, and meetings | $269,425 |
| Printing and publications | $1,056 |
| Other expenses | $3,220,915 |
| Total operating and administrative expenses | $7,531,593 |
| Contributions, gifts, grants paid | $1,269,759 |
| Total expenses and disbursements | $8,801,352 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $2,082,937 |
| Net Accounts receivable | $40,708 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $319,966 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $40,170,382 |
| Net Land, buildings, and equipment | $150,182 |
| Other assets | $424,832 |
| Total assets | $124,539,347 |
| Accounts payable and accrued expenses | $189,718 |
| Grants payable | $1,200,000 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $863,311 |
| Total liabilities | $2,253,029 |
Grants Awarded
Over the last fiscal year, Goldman Environmental Foundation has awarded $2,469,759 in support to 16 organizations.
| Grant Recipient | Amount |
|---|---|
ZAFER KIZILKAYA PURPOSE: GENERAL SUPPORT FOR ENVIRONMENTAL ACHIEVEMENT | $233,713 |
ALESSANDRA KORAP MUNDURUKU PURPOSE: GENERAL SUPPORT FOR ENVIRONMENTAL ACHIEVEMENT | $200,000 |
CHILEKWA MUMBA PURPOSE: GENERAL SUPPORT FOR ENVIRONMENTAL ACHIEVEMENT | $200,000 |
TERO MUSTONEN PURPOSE: GENERAL SUPPORT FOR ENVIRONMENTAL ACHIEVEMENT | $200,000 |
DELIMA SILALAHI PURPOSE: GENERAL SUPPORT FOR ENVIRONMENTAL ACHIEVEMENT | $200,000 |
DIANE WILSON PURPOSE: GENERAL SUPPORT FOR ENVIRONMENTAL ACHIEVEMENT | $200,000 |