Sierra Club Foundation
- Assets
- $199.3m
- Revenue
- $89.1m
- Investments
- $30.9m
- Employees
- 19
- Location
- Oakland, CA
- Founding
- 06/1962
- Data as of
- 12/2023
- EIN
- 94-6069890
Organization Overview
Sierra Club Foundation is located in Oakland, CA. The organization was established in 1962. According to its NTEE Classification (C30) the organization is classified as: Natural Resources Conservation & Protection, under the broad grouping of Environment and related organizations. As of 12/2023, Sierra Club Foundation employed 19 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sierra Club 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, Sierra Club Foundation generated $89.1m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 3.7% each year. All expenses for the organization totaled $113.5m during the year ending 12/2023. While expenses have increased by 7.7% per year over the past 6 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 2014, Sierra Club Foundation has awarded 135 individual grants totaling $625,600,349. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
EDUCATE AND EMPOWER PEOPLE TO PROTECT AND IMPROVE THE NATURAL AND HUMAN ENVIRONMENT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
BEYOND COAL - THE LONG-TERM GOAL OF THIS PROGRAM IS TO REVERSE THE SOCIAL, ECONOMIC AND ENVIRONMENTAL DAMAGE CAUSED BY GLOBAL CLIMATE CHANGE BY WORKING TO ENSURE OUR ELECTRICITY IS CARBON-FREE BY NO LATER THAN 2030 AND TRANSITIONING TO 100 PERCENT CLEAN RENEWABLE ENERGY BY NO LATER THAN 2050. THE PROGRAM'S SPECIFIC GOALS - WORKING IN PARTNERSHIP WITH ALLIED ORGANIZATIONS - ARE TO RETIRE EXISTING COAL PLANTS, PREVENT CONSTRUCTION OF NEW COAL-FIRED POWER PLANTS, BLOCK EXPANSION OF THE U.S. GAS FLEET, STOP INFRASTRUCTURE PROJECTS DESIGNED TO FACILITATE AND INCREASE OVERSEAS EXPORTS OF COAL AND GAS, AND PROMOTE CLEAN ENERGY ALTERNATIVES SUCH AS WIND AND SOLAR WHILE ADVANCING EQUITY AND JUSTICE, AND ENSURING A JUST ECONOMIC TRANSITION FOR WORKERS AND IMPACTED COMMUNITIES.
THE SIERRA CLUB FOUNDATION PROVIDES A BROAD RANGE OF ADDITIONAL GRANTS TO SUPPORT CHARITABLE, EDUCATION, SCIENTIFIC, LITERARY AND LEGAL ENDEAVORS THAT FURTHER ITS CHARITABLE MISSION.
NATIONAL EDUCATION PROJECT - THIS PROJECT PROVIDES ADMINISTRATIVE AND PROGRAM SUPPORT TO THE SIERRA CLUB'S NATIONAL, STATE, AND LOCAL EFFORTS TO EDUCATE THE GENERAL PUBLIC ABOUT ISSUES RELATING TO THE PROTECTION OF THE NATURAL AND HUMAN ENVIRONMENT, OFFER THE PUBLIC AN OPPORTUNITY TO UNDERSTAND THE ENVIRONMENTAL COMMUNITY, AND TRAIN AND PREPARE ACTIVISTS FOR PUBLIC (NON-LEGISLATIVE AND NON-ELECTORAL) ADVOCACY. IT IS A PROJECT THROUGH WHICH THE SIERRA CLUB FOUNDATION WORKS TO ACHIEVE ITS MISSION TO EDUCATE AND EMPOWER PEOPLE TO PROTECT AND IMPROVE THE NATURAL AND HUMAN ENVIRONMENT.
OUR WILD AMERICA - THE GOAL OF THIS PROGRAM IS TO PROTECT, CONSERVE, AND RESTORE PUBLIC AND PRIVATE LANDS TO RETAIN NATURAL SYSTEMS AND BENEFIT PRESENT AND FUTURE GENERATIONS, ESPECIALLY IN A CLIMATE-CHANGING WORLD. THE CAMPAIGN CONTINUES THE SIERRA CLUB'S LEGACY OF PROTECTING PUBLIC LANDS AND WILD PLACES; GETTING PEOPLE ACROSS ECONOMIC LINES, CULTURES, AND COMMUNITIES - INCLUDING MILITARY AND YOUTH - OUT IN NATURE; GIVING GRASSROOTS VOLUNTEERS THE KNOWLEDGE AND RESOURCES NEEDED TO PROTECT THE ENVIRONMENT NATIONALLY AND IN THEIR OWN COMMUNITIES; AND EXPANDING AND DIVERSIFYING THE ENVIRONMENTAL MOVEMENT. THE OUR WILD AMERICA CAMPAIGN IS ADVANCING THREE STRATEGIC INITIATIVES: (1) OPPOSING DIRTY FUELS EXTRACTION, PARTICULARLY ON PUBLIC LANDS, (2) PROTECTING LANDS, WATER, AND WILDLIFE, AND (3) GETTING PEOPLE OUTDOORS TO EXPLORE, ENJOY, AND PROTECT THE NATURAL WORLD.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robin Mann Chair | OfficerTrustee | 3 | $0 |
Joel Sanders Vice Chair | OfficerTrustee | 3 | $0 |
Jessica Sarowitz Treasurer | OfficerTrustee | 2 | $0 |
Rebekah Saul Butler Secretary | OfficerTrustee | 2 | $0 |
Eva Kathleen Schulte Member-At-Large | OfficerTrustee | 2 | $0 |
Jodi Archambault Director (thru 11/14/23) | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
The Raben Group Communication Services | 12/30/23 | $166,880 |
Caplin & Drysdale Legal Fees | 12/30/23 | $136,251 |
Kpmg Llp Audit Fees | 12/30/23 | $127,904 |
Avivar Capital Llc Investment Advisory Services | 12/30/23 | $125,000 |
Fund Evaluation Group Investment Fees | 12/30/23 | $100,156 |
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 | $85,543,074 |
| Noncash contributions included in lines 1a–1f | $1,978,759 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $85,543,074 |
| Total Program Service Revenue | $0 |
| Investment income | $2,459,625 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$47,611 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $89,068,739 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $97,643,491 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $1,401,675 |
| Compensation of current officers, directors, key employees. | $1,117,524 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $516,271 |
| Pension plan accruals and contributions | $33,480 |
| Other employee benefits | $39,515 |
| Payroll taxes | $103,179 |
| Fees for services: Management | $261,242 |
| Fees for services: Legal | $177,413 |
| Fees for services: Accounting | $139,604 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $225,334 |
| Fees for services: Other | $14,829 |
| Advertising and promotion | $0 |
| Office expenses | $120,116 |
| Information technology | $1,100,084 |
| Royalties | $0 |
| Occupancy | $92,735 |
| Travel | $41,721 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $13,169 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,688 |
| Insurance | $25,755 |
| All other expenses | $0 |
| Total functional expenses | $113,468,024 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $38,839,348 |
| Pledges and grants receivable | $13,352,385 |
| Accounts receivable, net | $1,493,292 |
| Loans from Officers, Directors, or Controlling Persons | $106,758 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $5,466,695 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $1,162,441 |
| Net Land, buildings, and equipment | $85,485 |
| Investments—publicly traded securities | $82,323,254 |
| Investments—other securities | $30,910,187 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $25,563,079 |
| Total assets | $199,302,924 |
| Accounts payable and accrued expenses | $435,908 |
| Grants payable | $15,198,185 |
| 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 | $16,133,162 |
| Total liabilities | $31,767,255 |
| Net assets without donor restrictions | $80,908,180 |
| Net assets with donor restrictions | $86,627,489 |
| 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 | $199,302,924 |
Grants Awarded
Over the last fiscal year, Sierra Club Foundation has awarded $97,610,289 in support to 22 organizations.
| Grant Recipient | Amount |
|---|---|
SIERRA CLUB PURPOSE: ENVIRONMENTAL EDUCATION | $95,919,977 |
COMMUNITY INITIATIVES PURPOSE: FOR JUST SOLUTIONS COLLECTIVE TO PROVIDE RESEARCH, POLICY ANALYSIS, AND STRATEGIC NETWORKS THAT BUILD THE CAPACITY OF CLIMATE AND ENVIRONMENTAL JUSTICE ORGANIZATIONS TO CREATE, REPLICATE, AND SCALE EQUITABLE CLIMATE SOLUTIONS | $250,000 |
TIDES FOUNDATION PURPOSE: TO SUPPORT FRONTLINE COMMUNITY GROUPS WHO ARE FIGHTING FOR ENVIRONMENTAL AND CLIMATE JUSTICE THROUGH LEGAL ADVOCACY | $250,000 |
THE SOLUTIONS PROJECT PURPOSE: FOR THE FUND FOR FRONTLINE POWER TO SUPPORT GRASSROOTS LEADERS' COLLECTIVE GOVERNANCE OF CAPITAL TO SUPPORT GRASSROOTS-LED CLIMATE SOLUTIONS AND STRATEGIES | $200,000 |
VERDE PURPOSE: COMMUNITY OUTREACH PROGRAMS | $150,000 |
SOCIAL AND ENVIRONMENTAL ENTREPRENEURS PURPOSE: FOR GENERAL SUPPORT OF THE MISSION OF BUILDING EQUITY AND ALIGNMENT FOR IMPACT (BEA) AND FOR BEA FUND, A PARTICIPATORY GRANTMAKING FUND THAT DISTRIBUTES CRITICAL RESOURCES TO THE GRASSSROOTS ENVIRONMENTAL JUSTICE MOVEMENT | $165,000 |