2024-08-26T08:30:57-05:00 2023-12-31 410746749 CLIFTONLARSONALLEN LLP 4 BATTERYMARCH PARK SUITE 100 QUINCY MA 02169 990 2023-01-01 953313195 GREENPEACE FUND INC GREE 2024621177 1300 EYE STREET NW SUITE 1100 EAST WASHINGTON DC 20005 CONSTANTIN DOUMAS CFO 2024621177 2024-08-21 1 0 DANIELLE NIHILL P01350943 7819821001 2024-08-21 2023 2024-08-08 14:25:15Z EBONY MARTIN 1300 EYE STREET NW SUITE 1100 EAST WASHINGTON DC 20005 23863194 0 X WWW.GREENPEACEFUND.ORG X 1978 CA TO PROTECT AND PRESERVE THE ENVIRONMENT THROUGH THE FUNDING OF GRANTS TO OTHER ORGANIZATIONS. 5 5 0 5 0 0 24693517 21151975 0 0 357459 886878 55044 2752 25106020 22041605 15530000 23914808 0 0 2710270 3392119 235500 337841 3036855 1418571 2079735 19894341 29724503 5211679 -7682898 52076074 48387296 6696829 9147942 45379245 39239354 GREENPEACE FUND, INC. IS A NONPROFIT CORPORATION WHOSE ACTIVITIES ARE DIRECTED PRIMARILY AT PROTECTING AND PRESERVING THE ENVIRONMENT. ACTIVITIES ARE EXECUTED MAINLY THROUGH THE CONSIDERATION AND FUNDING OF GRANTS TO OTHER ORGANIZATIONS. 0 0 23914808 23914808 GREENPEACE FUND, INC.'S PRIMARY ACTIVITY IS GRANT-MAKING TO OTHER ORGANIZATIONS TO ASSIST IN THE IDENTIFICATION, RESEARCH, MONITORING AND IMPLEMENTATION OF PROGRAMS TO AID IN THE PROTECTION OF MARINE MAMMALS, OTHER SPECIES AND THE ENVIRONMENT IN GENERAL. GRANTS ALSO SUPPORT PROGRAMS RELATED TO PUBLIC AWARENESS AND UNDERSTANDING OF ENVIRONMENTAL ISSUES THROUGH MEDIA AND EDUCATIONAL PROGRAMS. DURING 2023, GREENPEACE FUND, INC. MADE PROGRAM SERVICE GRANTS OF $10,799,808 TO STICHTING GREENPEACE COUNCIL, AND $13,115,000 TO GREENPEACE, INC. 23914808 1 1 0 1 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 1 1 0 1 0 0 0 1 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 1 16 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 5 5 0 0 0 0 0 0 0 1 0 0 0 1 1 1 1 1 1 1 1 0 AK AR CA CT FL GA HI IL KS KY MA MD MI MN MS NC ND NH NM NJ NY OK OR PA RI SC TN UT VA WI WV X X CONSTANTIN DOUMAS CFO 2024621177 1300 EYE STREET NW SUITE 1100 EAST WASHINGTON DC 20005 AUSTIN THOMPSON TREASURER, CO-CHAIR FIN CTTE 2.00 X X 0 0 0 LIZ GILCHRIST CHAIR 5.00 X X 0 0 0 MIJIN CHA BOARD MEMBER 2.00 X 0 0 0 MELVIN GALLOWAY TREASURER, CO-CHAIR FIN CTTE 2.00 X X 0 0 0 KAD SMITH BOARD MEMBER 2.00 X 0 0 0 DEEPA PADMANABHA DEP GENERAL COUNSEL, ASST SECY 16.00 X 59340 0 17913 CONSTANTIN DOUMAS CFO, ASST TREASURER, SECY 20.00 X 107141 0 16132 JAY DESIRER MEISEL GENERAL COUNSEL, SECRETARY 20.00 X 115486 0 13904 EBONY MARTIN EXECUTIVE DIRECTOR 20.00 X 145251 0 19830 WILLEM VAN RIJN INTERIM CHIEF OPERATING OFFR 16.00 X 91178 0 5679 ANNE MARIE LEONARD CO-EXECUTIVE DIRECTOR 20.00 X 91922 0 5069 MAYUMI RIDENHOUR SR MGR INSTITUTIONAL PSHIPS 40.00 X 117861 0 33726 WILLIAM E RICHARDSON DEP DIRECTOR/MAJOR GIFTS OFFR 40.00 X 113304 0 27298 JENNIFER DELLEGRAZIO DIR DEVELOPMENT INSTL PSHIPS 40.00 X 127684 0 16190 THOMAS C AVILA FUNDRAISING SPECIAL PROJ MGR 40.00 X 101316 0 25277 1070483 0 181018 7 0 1 0 THE HARRINGTON AGENCY 329 DICKINSON AVENUE SWARTHMORE PA 19081 FUNDRAISING SERVICES & MAILING 177140 THE ALFORD GROUP 100 N LASALLE STREET SUITE 910 CHICAGO IL 60602 FUNDRAISING CAMPAIGN FEASIBILITY STUDIES 130279 INTEGRATED DIRECT MARKETING LLC 1250 CONNECTICUT AVENUE NW WASHINGTON DC 20036 FUNDRAISING SERVICES & MAILING 124923 3 21151975 454287 21151975 758897 758897 1949570 1821589 127981 127981 127981 REBATES AND OTHER REVENUE 900099 2752 2752 2752 22041605 0 0 889630 13115000 13115000 10799808 10799808 688845 688845 2110300 869936 1240364 110116 32208 77908 255894 141605 114289 226964 111924 115040 134807 92231 42576 70065 70065 337841 337841 79381 79381 546318 252148 294170 2035 2035 330089 42174 287915 77849 37886 39963 396365 191340 205025 164014 21748 142266 150572 71545 79027 102762 61666 41096 MISCELLANEOUS - OTHER 20901 7999 12902 BOOKS & PUBLICATIONS 4577 139 4438 29724503 23914808 2772840 3036855 37725823 31759686 2290468 2500574 2911 0 12056872 14127036 52076074 48387296 2999155 4302071 3697674 4845871 6696829 9147942 X 42933778 35938780 2445467 3300574 45379245 39239354 52076074 48387296 X -7682898 1577803 -34796 X X 0 1 X 1 0 X 19689423 23991960 34265559 24693517 21151975 123792434 19689423 23991960 34265559 24693517 21151975 123792434 11462605 112329829 188347 177578 315969 197709 758897 1638500 7016 138389 8126 55044 2752 211327 125642261 0.89400 0.89520 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: REBATES AND OTHER REVENUE - 2019 AMOUNT: $ 7,016. 2020 AMOUNT: $ 138,389. 2021 AMOUNT: $ 8,126. 2022 AMOUNT: $ 55,044. 2023 AMOUNT: $ 2,752. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 24588 84321 108909 29198372 29307281 1000000 250000 0 0 996156 970688 1000000 1000000 3966844 5950266 126833 381953 108909 617695 249039 242672 250000 250000 991711 1487567 91942 225549 24588 342079 0 GIFT ANNUITIES PAYABLE 561410 DUE TO GREENPEACE, INC. 4284461 4845871 X 23505231 1577803 -34796 1543007 21962224 79381 79381 22041605 29645122 0 29645122 79381 79381 29724503 PART X, LINE 2: THE ORGANIZATION IS RECOGNIZED AS A TAX-EXEMPT ORGANIZATION UNDER SECTION 501(C)(3) OF THE IRC AND IS EXEMPT FROM INCOME TAXES EXCEPT FOR TAXES ON UNRELATED BUSINESS ACTIVITIES. NO TAX EXPENSE IS RECORDED IN THE ACCOMPANYING FINANCIAL STATEMENTS FOR THE YEARS ENDED DECEMBER 31, 2023 AND 2022, AS THERE WERE NO UNRELATED BUSINESS ACTIVITIES. MANAGEMENT EVALUATED THE ORGANIZATION'S TAX POSITIONS AND HAS CONCLUDED THAT THE ORGANIZATION HAS TAKEN NO UNCERTAIN TAX POSITIONS THAT QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE ACCOMPANYING FINANCIAL STATEMENTS. PART XI, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN VALUE OF SPLIT INTEREST AGREEMENTS -34,796. 0 EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM 0 0 PROGRAM SERVICES AND GRANTS TO RECIPIENTS LOCATED IN REGION SUPPORT GLOBAL FOREST AND CLIMATE CAMPAIGNS, SCIENCE UNIT AND STRATEGIC INITIATIVES 10799808 0 0 0 0 0 0 10799808 0 10799808 EUROPE (INCLUDING ICELAND & GREENLAND) SUPPORT THE SCIENCE UNIT 859308 BANK TRANSFER 0 N/A N/A EUROPE (INCLUDING ICELAND & GREENLAND) SUPPORT LEARNING AND DEVELOPMENT PROJECTS 3550500 BANK TRANSFER 0 N/A N/A EUROPE (INCLUDING ICELAND & GREENLAND) INTERNATIONAL ORGANIZATIONAL DEVELOPMENT 1535000 BANK TRANSFER 0 N/A N/A EUROPE (INCLUDING ICELAND & GREENLAND) SUPPORT GLOBAL TEHNOLOGY HUB PRROJECT 4855000 BANK TRANSFER 0 N/A N/A 1 0 0 0 0 0 0 0 PART I, LINE 2: GREENPEACE FUND, INC. INTRODUCES BUDGETED CAMPAIGN PROPOSALS BEFORE THE BOARD OF DIRECTORS FOR APPROVAL BEFORE ANY FUNDS ARE TRANSFERRED TO THE APPROPRIATE GREENPEACE AFFILIATED ORGANIZATION EITHER AS A WIRE OR A BANK TRANSFER. FINAL REPORTS ARE PREPARED BY ENTITY RECEIVING THE GRANT WHEN THE GRANT TERM ENDS. THE FINAL DOCUMENTATION INLCUDES ACTUAL EXPENDITURE REPORTS, AND DESCRIPTION OF PROGRAM ACCOMPLISHMENTS. GREENPEACE FUND, INC. RESERVES THE RIGHT TO REVIEW AND EXAMINE RECORDS SUPPORTING EXPENDITURE REPORTS AND REQUEST FURTHER INFORMATION. ANY FUNDS THAT HAVE NOT BEEN SPENT FOR THE EARMARKED TERM AND PURPOSE (OR ANY FUNDS SPENT OUTSIDE THE ORIGINAL GRANT AGREEMENT) WOULD BE REPAID TO GREENPEACE FUND. PART I, LINE 3: FOREIGN GRANTS ARE ACCOUNTED FOR ON THE ACCRUAL METHOD OF ACCOUNTING USED FOR BOOKS. X X X X X 1 MISSION WIRED 650 MASSACHUSETTS AVENUE NW WASHINGTON DC 20001 DIGITAL FUNDRAISING 0 673950 120000 553950 INTEGRATED DIRECT MARKETING LLC 1250 CONNECTICUT AVENUE NW WASHINGTON DC 20036 DIRECT MARKETING 0 529199 73700 455499 THE HARRINGTON AGENCY 329 DICKINSON AVENUE SWARTHMORE PA 19081 DIRECT MAIL MARKETING 0 279368 142360 137008 1482517 336060 1146457 AK AL AR CA CO CT FL GA HI IL KS KY LA MA MD ME MI MN MS NC ND NH NJ NM NV NY OH OK OR PA RI SC TN UT VA WA WI WV 1 GREENPEACE INC 1300 EYE STREET NW SUITE 1100 EAST WASHINGTON DC 20005 521541501 501(C)(4) 8000000 0 SUPPORT CORE CLIMATE & ENERGY CAMPAIGNS GREENPEACE INC 1300 EYE STREET NW SUITE 1100 EAST WASHINGTON DC 20005 521541501 501(C)(4) 5100000 0 SUPPORT CORE OCEAN PLASTICS CAMPAIGN GREENPEACE INC 1300 EYE STREET NW SUITE 1100 EAST WASHINGTON DC 20005 521541501 501(C)(4) 15000 0 SUPPORT THE BUILDING OF ORGANIZATIONAL EFFECTIVENESS 0 1 PART I, LINE 2: GRANTS MADE BY GREENPEACE FUND, INC. TO GREENPEACE, INC. IN THE U.S ARE MONITORED MONTHLY THROUGH THE REGULAR BUDGETING AND FINANCIAL CYCLE BY THE FINANCE DEPARTMENT AT GREENPEACE INC. AND FUND. FUNDS EXPENDED ARE MONITORED BY THE CAMPAIGN DIRECTOR AND FINANCE DEPARTMENT. STANDING MEETINGS ARE SET TO DISCUSS THESE PROJECTS. WHEN GREENPEACE FUND, INC. CONSIDERS A REQUEST FROM GREENPEACE, INC., A PROPOSAL MUST BE SUBMITTED TO THE BOARD OF DIRECTORS FOR APPROVAL. THIS INCLUDES A PROPOSAL NARRATIVE AND BUDGETS DESCRIBING THE WORK TO BE COMPLETED, GOALS AND OBJECTIVES, AND KEY STAFF. IF THE BOARD APPROVES THE PROPOSAL, A GRANT AGREEMENT LETTER IS APPROVED BY GREENPEACE FUND'S LEGAL DEPARTMENT AND SIGNED BY ALL INVOLVED PARTIES. ALL RECORDS ARE SAVED BY GREENPEACE FUND BOTH ELECTRONICALLY AND IN HARD COPY. X X X X X 1 0 0 0 0 0 0 1 0 EBONY MARTIN EXECUTIVE DIRECTOR 145251 0 0 0 0 0 8895 0 10935 0 165081 0 0 0 MAYUMI RIDENHOUR SR MGR INSTITUTIONAL PSHIPS 115130 0 2731 0 0 0 7778 0 25948 0 151587 0 0 0 PART I, LINE 3 COMPENSATION FOR SHARED EMPLOYEES IS SET BY GREENPEACE, INC., AN UNRELATED NONPROFIT ORGANIZATION. COMPENSATION FOR THE EXECUTIVE DIRECTOR IS INDEPENDENTLY REVIEWED AND BASED ON ANALYSIS OF COMPARABLE DATA OBTAINED FROM INDUSTRY RESOURCES, PUBLICLY DISCLOSED 990S, AND PEER ORGANIZATIONS. REVIEW AND APPROVALS ARE DOCUMENTED BY THE BOARD OF DIRECTORS OR DELEGATED COMMITTEES. A SIMILAR PROCEDURE IS FOLLOWED FOR ALL OTHER OFFICERS AND KEY EMPLOYEES. LAST YEAR OF INDEPENDENT REVIEW TOOK PLACE IN 2023. PART I, LINE 4A IN 2023, AN INDIVIDUAL REPORTED IN FORM 990 PART VII SECTION A WAS PAID THE SEVERANCE AMOUNT IDENTIFIED BELOW: ANNE MARIE LEONARD, CO-EXECUTIVE DIRECTOR $36,750 PART I, LINE 7: IN 2023, CERTAIN INDIVIDUALS REPORTED IN FORM 990 PART VII SECTION A WERE PAID THE BONUSES IDENTIFIED BELOW: CONSTANTIN DOUMAS, CHIEF FINANCIAL OFFICER/ASST TREASURER/SECRETARY $1,538 MAYUMI RIDENHOUR, INSTITUTIONAL PARTNERSHIPS SENIOR MANAGER $2,731 THOMAS C AVILA, FUNDRAISING SPECIAL PROJECTS MANAGER $1,800 X 50 454287 QUOTED MARKET PRICES 0 1 0 PART I, COLUMN (B): NUMBER OF CONTRIBUTIONS IS BASED ON TOTAL INDIVIDUAL DONORS, AND NOT DIFFERENT STOCKS. FORM 990, PART VI, SECTION A, LINE 8B THERE ARE NO COMMITTEES WITH AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11B THE 990 IS PREPARED BY AN INDEPENDENT PUBLIC ACCOUNTING FIRM BASED ON DATA AND SCHEDULES PROVIDED BY THE CONTROLLER, AND REVIEWED BY THE ORGANIZATION'S MANAGEMENT TEAM. THE 990 IS THEN REVIEWED AND APPROVED BY THE FINANCE COMMITTEE. AFTER THIS APPROVAL, THE 990 IS SUBMITTED TO THE FULL BOARD PRIOR TO FILING WITH THE INTERNAL REVENUE SERVICE. THESE VARIOUS LEVELS OF REVIEW ENSURE THE INFORMATION FILED IS COMPLETE, ACCURATE, AND IN COMPLIANCE WITH REGULATIONS. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION'S CONFLICT OF INTEREST POLICY IS REVIEWED ANNUALLY BY EACH MEMBER OF THE BOARD OF DIRECTORS AND ACKNOWLEDGED IN WRITING. THIS PROCESS IS OVERSEEN BY GENERAL COUNSEL. ON AN ANNUAL BASIS, EACH DIRECTOR ALSO COMPLETES A DISCLOSURE FORM IDENTIFYING ANY RELATIONSHIPS, POSITIONS OR CIRCUMSTANCE IN WHICH HE OR SHE BELIEVES COULD CONTRIBUTE TO A CONFLICT. FOLLOWING FULL DISCLOSURE OF A POSSIBLE CONFLICT OF INTEREST, THE BOARD OF DIRECTORS SHALL DETERMINE WHETHER A CONFLICT OF INTEREST EXISTS, AND, IF SO, THE BOARD TAKES ANY ACTION DEEMED NECESSARY TO ADDRESS THE CONFLICT AND PROTECT THE ORGANIZATION'S BEST INTERESTS. INTERESTED PERSONS ARE ALSO URGED TO DISCLOSE THE EXISTENCE OF POTENTIAL CONFLICTS AS THEY ARISE. INTERESTED PERSONS ARE TO DISCLOSE NEW POTENTIAL CONFLICTS DURING THE YEAR DURING A MEETING OF THE BOARD OF DIRECTORS. THE BOARD OF DIRECTORS THEN ASSESSES THE POTENTIAL CONFLICT AND VOTE TO DETERMINE IF A CONFLICT OF INTEREST EXISTS. IF A CONFLICT OF INTEREST DOES EXIST, EMPLOYEES ARE REQUIRED TO DISQUALIFY THEMSELVES FROM ACTING OR PARTICIPATING IN PROFESSIONAL DUTIES. FORM 990, PART VI, SECTION B, LINE 15 THE ORGANIZATION PERIODICALLY BENCHMARKS TRYING TO REMAIN CONSISTENT ACROSS THE INDUSTRY IN TERMS OF SALARY, RESPONSIBILITIES, SENIORITY. WE USE RELEVANT MARKET DATA FOR EACH POSITION TO DETERMINE COMPENSATION. COMPENSATION FOR THE EXECUTIVE DIRECTOR AND TOP MANAGEMENT IS INDEPENDENTLY REVIEWED AND BASED ON ANALYSIS OF COMPARABLE DATA OBTAINED FROM INDUSTRY RESOURCES (E.G. PAYSCALE & COMPANALYST), PUBLICLY DISCLOSED 990S, PEER ORGANIZATIONS, AND OUR PAYROLL PROCESSING COMPANY. THE RELEVANT LABOR MARKET FOR GREENPEACE, INC.: REGION: MID-ATLANTIC; SIZE: 200-500 FTE; REVENUE: 50M; INDUSTRY: NOT FOR PROFIT. BENCHMARKING RESULTS ARE ASSEMBLED AND DOCUMENTED BY THE PEOPLE AND CULTURE DIRECTOR. SENIOR LEVEL SALARY POSITIONS ARE REVIEWED BY THE EXECUTIVE DIRECTOR, THE CHIEF OPERATING OFFICER, THE PEOPLE AND CULTURE DIRECTOR, AND THE PROGRAM DIRECTOR IN MOST CASES; WHILE FOR THE EXECUTIVE DIRECTOR AND TOP MANAGEMENT, THE BOARDS ARE ALSO INVOLVED IN THE PERIODIC BENCHMARKING REVIEWS. THIS PROCESS WAS LAST PERFORMED IN 2023. FORM 990, PART VI, SECTION C, LINE 18 THE FORM 990 IS POSTED ON THE ORGANIZATION'S WEBSITE. THE 990 IS ALSO MADE AVAILABLE, AS WELL AS FORM 1023, UPON REQUEST IN ACCORDANCE WITH THE U.S. TITLE 26, SUBTITLE F, CHAPTER 61, SUBCHAPTER B, SECTION 6104(D)(1)(B). FORM 990, PART VI, SECTION C, LINE 19 GREENPEACE FUND'S ORGANIZATIONAL DOCUMENTS, CODE OF ETHICS (WHICH INCLUDES CONFLICT OF INTEREST POLICY), ANNUAL REPORTS, AND RELATED DOCUMENTS ARE POSTED ON THE ORGANIZATION'S WEBSITE. IN ADDITION, AUDITED FINANCIAL STATEMENTS ARE PERIODICALLY POSTED TO THE WEBSITE ANNUALLY. FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF SPLIT INTEREST AGREEMENTS -34,796. FORM 990, PART XII, LINE 2C: OVERSIGHT OF AUDIT: GREENPEACE FUND HAS AN AUDIT COMMITTEE THAT ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT. THE AUDIT COMMITTEE REVIEWS AND APPROVES THE AUDIT REPORT AND FINANCIAL STATEMENTS AND RECOMMENDS THEIR ACCEPTANCE TO THE FULL BOARD. ENVIRONMENTAL SUPPORT FUND 1300 EYE STREET NW SUITE 1100 EAST WASHINGTON DC 20005 263895308 SUPPORTING ORGANIZATION FOR GREENPEACE FUND, INC. DE 501(C)(3) LINE 12B, II GREENPEACE FUND INC 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0