2022-02-14T13:27:34-06:00 2021-03-31 930743240 HOFFMAN STEWART & SCHMIDT PC 3 CENTERPOINTE DRIVE SUITE 300 LAKE OSWEGO OR 970358663 990 2020-04-01 931248274 BONNEVILLE ENVIRONMENTAL FOUNDATION BONN 5032481905 1500 SW FIRST AVENUE SUITE 885 PORTLAND OR 97201 FELICIA PHILLIPS CHIEF FINANCIAL OFFICER 5032481905 2022-02-11 1 FELICIA PHILLIPS 999009999 TODD D MASSINGER P00075883 5032205900 2 AAL1 IAL1 2020 2022-09-23 18:48:47Z TODD REEVE 1500 SW FIRST AVENUE SUITE 885 PORTLAND OR 97201 18155144 0 X WWW.B-E-F.ORG X 1998 OR TO EMPOWER CORPORATIONS, UTILITIES, AND THE PUBLIC TO PLAY THE LEADING ROLE IN CREATING A FUTURE WITH A STABLE CLIMATE, HEALTHY WATERSHED ECOSYSTEMS THAT PROVIDE ABUNDANT, CLEAN FRESH WATER, AND GROWING RELIANCE ON RENEWABLE ENERGY SOURCES. 13 13 25 1 0 0 6548099 13340661 4320217 4441654 111490 91893 399303 280936 11379109 18155144 1098225 3759765 0 0 2061397 2280006 0 0 0 5852565 5654556 9012187 11694327 2366922 6460817 23029155 29779523 2021935 2311486 21007220 27468037 THE FOUNDATION'S MISSION IS TO EMPOWER CORPORATIONS, UTILITIES, AND THE PUBLIC TO PLAY THE LEADING ROLE IN CREATING A FUTURE WITH A STABLE CLIMATE, HEALTHY WATERSHED ECOSYSTEMS THAT PROVIDE ABUNDANT, CLEAN FRESH WATER, AND GROWING RELIANCE ON RENEWABLE ENERGY SOURCES. 0 0 4177223 464085 3143037 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 530,968 RECS AND 280,899 OFFSETS TO ITS UTILITY, BUSINESS, GOVERNMENT, AND NONPROFIT CUSTOMERS. 559155 50000 26000 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. 6432765 3245680 1261874 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 3,607,126 WRCS REPRESENTING 1,716,000,000 GALLONS OF WATER RESTORED TO CRITICALLY DEWATERED RIVERS AND STREAMS. 11169143 1 1 0 1 0 0 0 0 0 0 1 0 0 0 1 1 0 1 0 0 1 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 55 0 1 25 1 0 0 0 0 0 0 0 0 0 0 0 0 X 13 13 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 1 1 OR X FELICIA PHILLIPS 5032481905 1500 SW 1ST AVE SUITE 885 PORTLAND OR 97201 EMILY LEACH TREASURER 0.30 X X 0 0 0 ANDY MACKLIN MEMBER 0.30 X 0 0 0 WENDY PULLING MEMBER 0.30 X 0 0 0 ANNIE TERRACCIANO MEMBER 0.30 X 0 0 0 BRETT WILCOX MEMBER 0.30 X 0 0 0 RALPH CAVANAGH VICE CHAIR 0.50 X X 0 0 0 PAUL NORMAN BOARD CHAIR 0.50 X X 0 0 0 RACHEL SHIMSHAK SECRETARY 0.50 X X 0 0 0 STEPHEN REYNOLDS MEMBER 0.50 X X 0 0 0 FELICE BELFIORE MEMBER 0.30 X 0 0 0 WENDY GERLITZ MEMBER 0.30 X 0 0 0 REBECCA O'NEIL MEMBER 0.30 X 0 0 0 KURT LYNAM MEMBER 0.30 X 0 0 0 FELICIA PHILLIPS CHIEF FINANCIAL OFFICER 40.00 X 153806 0 14732 TODD REEVE CHIEF EXECUTIVE OFFICER 40.00 X 184394 0 25055 VALERIE FISHMAN CHIEF DEVELOPMENT OFFICER 40.00 X 134837 0 16772 473037 0 56559 3 0 1 0 NANCY BSALES 377 ESSEX AVE BLOOMFIELD NJ 07003 ADVISOR SERVICES 196109 1 1301129 12039532 13340661 REC SALES 900099 1568230 1568230 CARBON OFFSETS SALES 900099 1455167 1455167 WRC SALES 900099 733837 733837 CONTRACT SERVICE INCOME 900099 684420 684420 4441654 91893 91893 280876 280876 MISCELLANEOUS INCOME 900099 60 60 60 18155144 4441714 0 372769 X 3759765 3759765 524663 392945 131718 1370209 1182886 187323 165213 142508 22705 65175 55075 10100 154746 128837 25909 25970 17124 8846 44317 10500 33817 1731019 1720782 10237 278376 276219 2157 38429 34137 4292 113246 92875 20371 115241 96608 18633 3440 3440 5835 5835 28632 28632 9661 5950 3711 REC/OFFSET/WRC PURCHASE 2589144 2589144 PROJECT EQUIPMENT 424791 424452 339 OTHER EXPENSES 122084 77058 45026 BED DEBT 107381 107381 16990 16990 11694327 11169143 525184 0 4827514 10630319 6693677 5750192 8242321 10406805 840650 1007357 289333 285050 1043982 966193 1003634 495992 1056648 819033 88044 237615 23029155 29779523 1811567 2121790 187870 169768 22498 19928 2021935 2311486 X 10929046 11503869 10078174 15964168 21007220 27468037 23029155 29779523 6460817 0 X X 0 1 X 1 0 X 1363107 3009836 7024311 6548099 13340661 31286014 1363107 3009836 7024311 6548099 13340661 31286014 10165506 21120508 245368 244383 317379 362641 372769 1542540 2308 1556 148152 60 152076 32980630 19429136 0.64040 0.72540 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 20000 20000 11694327 11714327 735716 183929 0 0 454955 551668 601728 735716 2344067 3516101 22364 20000 42364 113739 137917 150432 183929 586017 879026 20222 11204 9018 194945 157950 36995 841481 649879 191602 237615 DEFERRED RENT EXPENSE 19928 19928 X PART X, LINE 2: BONNEVILLE ENVIRONMENTAL FOUNDATION DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS UNDER FIN 48. EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM 0 0 PROGRAM SERVICE EXPENDITURES PURCHASED GOODS AND SERVICES 507005 NORTH AMERICA - CANADA AND MEXICO, BUT NOT THE UNITED STATES 0 0 PROGRAM SERVICE EXPENDITURES PURCHASED GOODS AND SERVICES 243734 0 0 0 0 0 0 750739 0 750739 0 0 0 0 0 0 PART III ACCOUNTING METHOD: 1 ARIZONA DEPARTMENT OF WATER RESOURCES 1100 WEST WASHINGTON ST SUITE 310 PHOENIX AZ 85007 866004791 GOVERMENT ENTITY 1133550 CONTRIBUTION TO THE SYSTEM CONSERVATION FUND FORTH MOBILITY FUND 2035 NW FRONT AVE STE 204 PORTLAND OR 97209 454726335 501(C)(3) 70000 PROCURE ELECTRIC TRACTOR, PURCHASE THE WUNDER MOBILITY CAR-SHARING SOFTWARE HOPEWORKS 3331 BROADWAY EVERETT WA 98201 800684608 501(C)(3) 22000 PURCHASE OF USED EV AND TO ASSIST WITH HOPEWORKS ENERGY BEHAVIOR CHANGE PROJECT MASON COUNTY PUD NO 1 21971 US-101 SHELTON WA 98584 916001048 501(C)(12) 23085 EV CHARGING STATION ON THE SKOKOMISH INDIAN RESERVATION NATIONAL AUDUBON SOCIETY PO BOX 9314 SANTA FE NM 87504 131624102 501(C)(3) 210294 SHOREBIRD HABITAT CREATION PROJECT, ISLETA REACH, CRIT SUPPORT THE NATURE CONSERVANCY OF ARIZONA 1819 E MORTEN AVE TUCSON AZ 85719 530242652 501(C)(3) 12000 BABE'S IRRIGATION MODERNIZATION SYCAMORE FAMILY TRUST PO BOX 235 COLUSA CA 95957 206430028 501(C)(3) 258350 SYCAMORE SLOUGH GROUNDWATER RECHARGE PROJECT REGIONAL WATER AUTHORITY 5620 BIRDCAGE STREET STE 180 CITRUS HEIGHTS CA 95610 680216991 501(C)(3) 242275 SAC LANDSCAPE EFFICIENCY PROJECT RIVER PARTNERS 580 VALLOMBROSA AVE CHICO CA 95926 943302335 501(C)(3) 154705 SAC RIVER STATE PARK FLOODPLAIN HABITAT RESTORATION PROJECT SCOTT RIVER WATER TRUST PO BOX 591 ENTA CA 96027 010924657 501(C)(3) 140000 SCOTT RIVER FLOW ENHANCEMENT AND LONG-TERM FLOW DEVELOPMENT ONE TREE PLANTED 145 PINE HAVEN SHORES RD SUITE 1000D SHELBURNE VT 05482 464664562 501(C)(3) 100000 TREE PLANTING PLUMAS CORPORATION PO BOX 3880 QUINCY CA 95971 680016418 501(C)(3) 100000 UPPER HUMBUG VALLEY TRANSITIONS PROJECTS INC 665 NW HOYT ST PORTLAND PORTLAND OR 97209 930591582 501(C)(3) 80000 COMM SOLAR ARRAY THE NATURE CONSERVANCY 4245 NORTH FAIRFAX DRIVE STE 100 ARLINGTON VA 22203 530242652 501(C)(3) 71000 YAVAPAI APACHE NATION PARTNERSHIP, TNC - AZ OPERATING GRANT LOWER COLUMBIA ESTUARY PARTNERSHIP 811 SW NAITO PKWY 410 PORTLAND OR 97204 931249298 501(C)(3) 60450 SECOND INSTALLMENT BASED ON QUANTITY OF PLANTS DEPLOYED, FIRST INSTALLMENT UPON EXECUTION OF AGREEMENT FOR PLANT INSTALL BRIDGE SUPPORT CITY OF ASHLAND 20 E MAIN STREET ASHLAND OR 97520 936002117 GOVERMENT ENTITY 50000 ZEVI GRANT COUNCIL FOR WATERSHED HEALTH 177 E COLORADO BLVD SUITE 200 COLORADO CA 91105 954589325 501(C)(3) 50000 UPPER LOS ANGELES RIVER WATERSHED ARUNDO DONAX ERADICATION PROGRAM IMPLEMENTATION FUNDING REQUEST OHIO RIVER FOUNDATION PO BOX 42460 BLUE ASH OH 45242 311704768 501(C)(3) 50000 RIPARIAN RESTORATION PROGRAM URBAN RIVERS INC 809 N MADISON CHICAGO IL 60521 475528536 501(C)(3) 50000 FRESHWATER MUSSEL PROJECT FOUNDATION FOR SOUTHEASTERN FISH AND WILDLIFE AGENCIES PO BOX 646 SOCIAL CIRCLE GA 30643 824118268 501(C)(3) 50000 SWEETWATER CREEK OPALCO 183 MT BAKER ROAD EASTSOUND WA 98245 910348358 501(C)(12) 50000 SUPPORT INCENTIVES FOR BATTERY ELECTRIC CARS ROSE COMMUNITY DEVELOPMENT 5215 SE DUKE STREET PORTLAND OR 97204 943144895 501(C)(3) 50000 DEVELOPE/INTEGRATE/MANAGE COMM SOLAR ARRAY UPPER COLUMBIA SALMON RECOVERY BOARD 11 SPOKANE STREET SUITE 101 WENATCHEE WA 98801 204703769 501(C)(3) 50000 MW ANNUAL GRANT 9/1/20-9/30/21 SOUTHEAST TENNESSEE RESOURCE AND DEVELOPMENT COUNCIL 450 STUART RD NE CLEVELAND TN 37312 510153265 501(C)(3) 49200 OWEN SPRING CREEK TWENDE SOLAR 1339 SE 8TH AVENUE SUITE B PORTLAND OR 97213 473795108 501(C)(3) 40000 QUINALT RESERVATION PV INSTALL CENTER FOR SUSTAINABLE INFRASTRUCTURE 112 4TH AVE E SUITE 200 OLYMPIA WA 98501 501(C)(3) 55000 RH2 ACTION PLAN TROUT UNLIMITED 1777 N KENT ST STE 100 ARLINGTON VA 22209 381612715 501(C)(3) 100151 FARNSWORTH BRANCH HABITAT RESTORATION, COORS, UPPER RIO GRAND, CASCADE, DEER CREEK GROUNDWORK HUDSON VALLEY INC 22 MAIN STREET 2ND FLOOR YONKERS NY 10701 113579493 501(C)(3) 50000 RIPARIAN RESTORATION, CASCADE RIPARIAN RESTORATION STILLAGUAMISH TRIBE OF INDIANS 3322 236TH ST NE ARLINGTON WA 98223 910920666 GOVERMENT ENTITY 33300 NATIVE TREE PLANTING TOOKANYTACONY-FRANKFORD WATERSHED PARTNERSHIP INC 4500 WORTH ST GLOBE DYE BLDG PHILADELPHIA PA 19124 753203091 501(C)(3) 32413 JENKINTOWN CREEK FORREST RAIN GARDEN MAKAH TRIBE 201 RESORT RD NEAH BAY WA 98357 910492517 GOVERMENT ENTITY 32000 MAKAH SOLAR CLEARWATER RESOURCE COUNCIL PO BOX 1471 SEELEY LAKE MT 59868 200526054 501(C)(3) 30000 ANNUAL GRANT FOR PERIOD 4/1/20-3/31/21 METHOW SALMON RECOVERY FOUNDATION PO BOX 755 TWISP WA 98856 912141473 501(C)(3) 30000 ANNUAL GRANT FOR PERIOD 4/1/20-3/31/21 PUYALLUP TRIBE OF INDIANS 3700 PACIFIC HWY E 407 FIFE WA 98424 910955402 GOVERMENT ENTITY 25000 DESIGN AND REVIEW OF TACOMA GREEN POWER HYDROGEN PROJECT LONG TOM WATERSHED COUNCIL 751 S DANEBO AVE EUGENE OR 97402 208049325 501(C)(3) 20000 PLANT INSTALL, STEWARDSHIP, RESTORATION MINNESOTA LAND TRUST 2356 UNIVERSITY AVE W SUITE 240 ST PAUL MN 55114 411713652 501(C)(3) 22000 TARGET EARTH DAY ADD'L CONTRIBUTION, FOR GEN OPERATING FUNDS FRIENDS OF THE TETON RIVER 18 NORTH MAIN STREET SUITE 310 DRIGGS ID 83422 820527505 501(C)(3) 19800 CANYON CREEK CANAL OPERATIONAL IMPROVEMENTS RENEWABLE HYDROGEN ALLIANCE 3519 NE 15TH AVE 227 PORTLAND OR 97212 830912208 501(C)(3) 15000 GRANT TO EXPAND RHA WORK PERTAINING TO EDUCATION/AWARENESS/OUTREACH/MARKETING LEMHI SOIL AND WATER CONSERVATION DISTRICT 945 RIVERFRONT DR SALMON ID 83467 820295643 501(C)(3) 12600 HAWLEY CREEK COLORADO WATER TRUST 1420 OGDEN STREET STE A2 DENVER CO 80218 841606567 501(C)(3) 10000 LOWER YAMPA MCKENZIE RIVER WATERSHED COUNCIL PO BOX 70166 SPRINGFIELD OR 97475 870690166 501(C)(3) 9452 MEDIA/PLANTING/ENGAGEMENT ECOTRUST 721 NW NINTH AVE SUITE 200 PORTLAND OR 97209 931050144 501(C)(3) 8000 PUBLISHED INTERVIEWS AND MEETINGS WITH REGIONAL PARTNERS NORTHWEST NATURAL RESOURCE GROUP 2701 1ST AVE SUITE 240 SEATTLE WA 98121 943172720 501(C)(3) 8000 CRF NODE LEAD FOR WASHINGTON PARTNERS SOCIAL JUSTICE ACTION CENTER 400 SE 12TH AVE PORTLAND OR 97214 813918474 501(C)(3) 8200 HYGIENE SUPPLIES, WASTE DISPOSAL, CLEANING 'OHU 'OHU KO'OLAU INC 2674 WAIMANO HOME ROAD PEARL CITY HI 96782 203039461 501(C)(3) 5000 FENCING TO PROTECT WATERSHED FRIENDS OF TRYON CREEK 11321 SW TERWILLIGER BLVD PORTLAND OR 99164 237079356 501(C)(3) 8500 PLANT INSTALL, TRIBAL AND INDIGENOUS YOUTH PROGRAMMING SANDY RIVER BASIN WATERSHED COUNCIL 17405 NE GLISAN ST PORTLAND OR 97230 931294148 501(C)(3) 5000 TREE PLANTING, STEWARDSHIP AND ENGAGEMENT MIDDLE FORK WATERSHED COUNCIL PO BOX 27 LOWELL OR 97452 260813058 501(C)(3) 6450 PLANT INSTALL AND PROJ MGMT, PROJECT QUESTIONNAIRE COMPLETION CALAPOOIA WATERSHED COUNCIL PO BOX 844 BROWNSVILLE OR 97327 264228349 501(C)(3) 9710 SUPPORT FOR MID WILL BEAVER PARTNERSHIP, NATIVE PLANTS UPPER COLUMBIA UNITED TRIBES 25 WEST MAIN STE 434 SPOKANE WA 99201 522380496 GOVERMENT ENTITY 15000 NATIVE TREE AND SHRUB PLANTING, SUPPORT GRANT OUTCOMES PART I, LINE 2: GRANTMAKING FOR WATERSHED RESTORATION IS BASED ON A PROPOSAL AND WORKPLAN SUBMITTED BY THE GRANTEE. BEF MAINTAINS CONSTANT CONTACT WITH GRANTEES, BEF STAFF VISIT WITH GROUPS ON AN OCCASIONAL BASIS, AND RECEIVE ANNUAL REPORTS PROFILING THEIR ACTIVITIES. THESE THREE MECHANISMS ARE USED TO INDICATE TO BEF THAT THE GRANTEE IS USING THE FUNDS IN ACCORDANCE WITH THE SUBMITTED WORKPLAN. GRANTMAKING FOR RENEWABLE ENERGY PROJECTS FOR SCHOOLS REQUIRES PARTICIPATING SCHOOLS TO COMMIT TO ALLOWING BEF STAFF ACCESS TO THE FACILITY FOR FIVE TO TEN YEARS FOLLOWING THE GRANT. THIS ALLOWS BEF TO ENSURE THE GRANTED EQUIPMENT IS BEING MAINTAINED BY THE SCHOOL. BEF ALSO REQUIRES IN MOST CASES THAT THE SCHOOL PROVIDE ANNUAL REPORTS THAT INCLUDE UPDATES ON THE USE OF GRANT FUNDS OR MATERIALS. 0 0 0 0 0 0 0 0 0 TODD REEVE CHIEF EXECUTIVE OFFICER 184394 0 0 0 0 0 9220 0 15835 0 209449 0 0 0 FELICIA PHILLIPS CHIEF FINANCIAL OFFICER 153806 0 0 0 0 0 7690 0 7042 0 168538 0 0 0 VALERIE FISHMAN CHIEF DEVELOPMENT OFFICER 134837 0 0 0 0 0 6742 0 10030 0 151609 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY AN INDEPENDENT CPA FIRM, REVIEWED BY THE CHIEF FINANCIAL OFFICER, AND MADE AVAILABLE FOR THE BOARD BEFORE FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C BEF REVIEWS THE ANNUAL NOTIFICATIONS FROM BOARD MEMBERS FOR ANY CONFLICT OF INTEREST ISSUES. FORM 990, PART VI, SECTION B, LINE 15 AN INDEPENDENT CONSULTANT IS USED TO DETERMINE COMPARABILITY DATA AND BOARD MEMBERS APPROVE THE SALARY OF THE CHIEF EXECUTIVE OFFICER. THE SAME PROCESS IS USED FOR KEY EMPLOYEES, BUT THE SALARIES ARE SET BY THE CHIEF EXECUTIVE OFFICER. FORM 990, PART VI, SECTION C, LINE 19 BEF DOES NOT MAKE ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC. FORM 990, PART IX, LINE 11G CONTRACT SERVICES: PROGRAM SERVICE EXPENSES 1,720,782. MANAGEMENT AND GENERAL EXPENSES 10,237. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,731,019. FORM 990, PART XII, LINE 2C: THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. BEF RENEWABLE INCORPORATED 1500 SW 1ST AVE SUITE 885 PORTLAND OR 97201 800217149 INVESTMENT IN RENEWABLE ENERGY OR N/A C -4154 1135321 1.00000 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 BEF RENEWABLE INCORPORATED D 146962 FAIR VALUE