2022-05-30T02:30:04-04:00 2020-12-31 990 2020-01-01 980368454 Shell Foundation % Rachel Singh Davies SHEL 2079344262 5Th Fl The Embassy Tea House 195-20 London UK SE1 OLN Mrs Rachel Singh Davies Chief Finance Officer 2022-05-30 false 2020 2022-09-23 18:48:47Z Shell Foundation Rachel Singh Davies 5th Floor The Embassy Tea House 195-205 Union Street London London UK SE1 OLN 232249141 false X www.shellfoundation.org X Company Limited by guarantee 2000 UK Shell Foundation is an independent charity that applies a business approach to global development challenges which constrain access to energy and sustainable urban and rural mobility. 1 1 0 0 0 0 52548924 21792073 0 0 5644307 30869907 0 0 58193231 52661980 27234021 24627233 0 0 3888367 3950582 0 0 0 14848292 15098630 45970680 43676445 12222551 8985535 615669762 653902489 29162154 25682619 586507608 628219870 Shell Foundation is an independent charity that applies a business approach to global development challenges which constrain access to energy and sustainable urban and rural mobility. false false 37596589 19870528 0 The Access to Energy Programme focuses on co-creating and supporting the scale-up of pioneering social enterprises and market enablers such as supply chain or financial intermediaries Shell Foundation SF is helping to increase the availability of modern energy services to low-income consumers in ways that are financially viable and scalable. Main achievements: -60 mini-grid projects financed by CrossBoundary Energy access bringing power to 34,000 people in Tanzania. -Over 13 million solar energy units sold by Greenlight Planet in over 50 countries bringing power to thousands. -Over 52,000 famers and family members in East Africa,South America and India by the use of clean cooking fuel and organic fertiliser produced by Sistema bio's biogas units. -Established an Energy Access Relief Fund with key sector actors steering its design to help energy access enterprises continue reaching target customers with resilience funding. 6079856 4756705 0 The Sustainable Mobility Programme provides support to unproven mobility businesses with scalable solutions that increase access to affordable clean transport in cities improve the delivery of urban and rural transport services and reduce emissions intensity through technology innovation. Main achievements: -3,000 villages in India serviced by Tusker's last mile distribution channel. -Over 3,200 monthly bookings made using the Easy Matatu app in Uganda. -Over 3.7 million trips completed using MAX.ng's safe affordable motorcycle taxis in Nigeria. -New SF partner ASOBO launched it's electric boat motor business on Lake Victoria in Kenya which helps local fisherfolk reduce emissions and increase the profitability of their business. 0 0 0 0 0 0 43676445 false true false false false true false false false true false false true false true false true true false true true true false false false false false true false true false false false false false false false false false false false false false true true false false false true 0 0 false 0 false true false false false false false 0 false false false false false false false false false false 1 1 false false false false true true true true true false false false true true true true false true true false X William Sumner 2079344262 5th Floor The Embassy Tea House 195-205 Union Street London London UK SE1 OLN Gail Klintworth Trustee-Chair 0.00 0.00 X 32429 0 0 Margaret Bllick Kigozi 0.00 0.00 X 0 0 0 Alice Chapple 0.00 0.00 X 0 0 0 Diana Fox Carney Trustee 0.00 0.00 X 0 0 0 Sinead Lynch Trustee 0.00 0.00 X 0 0 0 Wael Sawan Trustee 0.00 0.00 X 0 0 0 Malcolm Brinded Former Trustee - resigned in 2020 0.00 0.00 X X 0 0 0 Maggie Kigozi Trustee 0.00 0.00 X 0 0 0 Maarten Wetselaar Trustee 0.00 0.00 X 0 0 0 Sam Parker Chief Executive Officer 40.00 0.00 X 398387 0 0 Richard Gomes Deputy Chief Executive Officer 0.00 0.00 X 183019 0 0 Rachel Singh Davies Chief Financial Officer 0.00 0.00 X 110634 0 0 Patricia Otero Chief Financial Officer 0.00 0.00 X 79147 0 0 Gareth Zahir Bill Operations Director 0.00 0.00 X 187097 0 0 Krysten Crainshaw Former Business Manager 0.00 0.00 X 163453 0 0 Ashish Kumar Portfolio Innovation Manager 0.00 0.00 X 160854 0 0 Jordan Broadbent Senior Theme Lead Energy for Business 0.00 0.00 X 159952 0 0 Nicholas Jones Market Development Manager 0.00 0.00 X 156620 0 0 Emma Miller Theme Lead 0.00 0.00 X 152058 0 0 1783650 0 0 19 true true false Wanji Nganga Contractor 177097 Maurice Othulo Contractor 113113 Daniel Tomlinson Contractor 121303 Tara Collier Contractor 163352 4 0 0 0 14290806 6634929 866338 0 21792073 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 8849068 0 0 8849068 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 201608000 0 179587161 0 22020839 0 22020839 0 0 22020839 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 52661980 0 0 30869907 X 5709939 5709939 0 0 18917294 18917294 0 0 3950582 0 3950582 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 597610 0 597610 0 1654 0 1654 0 128684 0 128684 0 0 0 0 0 0 0 0 0 0 0 1584811 0 1584811 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 666338 0 666338 0 165507 0 165507 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Exchange gain/loss 634064 0 634064 0 Other expenses 218088 0 218088 0 Impairment 11101874 0 11101874 0 0 0 0 0 43676445 24627233 19049212 0 22774101 16198321 0 0 12012642 5076164 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 521251894 577348398 0 0 59631125 55279606 0 0 0 0 615669762 653902489 7085687 4164690 20774278 20845140 0 0 0 0 0 0 0 0 0 0 0 0 1302189 672789 29162154 25682619 X 558337642 601867746 28169966 26352124 586507608 628219870 615669762 653902489 8985535 32726727 0 0 0 0 X false true X true true true RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 3 0 0 0 6490387 0 6490287 0 true true 521251894 0 64096505 -8000000 0 0 577348398 459307795 0 79444099 -17139142 0 -360858 521251894 506608116 0 -30700321 -16302000 0 -298000 459307795 442660144 0 77947972 -13643000 0 -357000 506608116 442839758 0 25320386 -25152000 0 -348000 442660144 1 0 0 false true true Energy Entrepreneurs Growth Fund EEGF investment 3000000 C GroFin Africa Fund GAF - Investment 397873 C Redavia - Loan Receivable 627981 C GroFin Small and Growing Businesses Fund SGB - Investment 8700000 C responsAbility Energy Access Fund - Investment 2025000 C Lightning Hybrids Inc. - Loan Receivable 1500000 C SparkMeter - Loan Receivable 373520 C FactorE - Loan Receivable 9378950 C Gajam Group Limited Dharma Life - Loan Receivable 766203 C Husk Power Systems Inc. - Loan Receivable 1191667 C Persistent Energy Capital - Loan Receivable 3441590 C Buen Manejo del Campo S.A. Sistema Biobolsa - Loan Receivable 770525 C Nomou Iraq Fund - Investment 4880456 C Aavishkaar Ventures Management Services - Interest Bearing Convertible 9999991 C Northern Iraq Investments 4000000 C Nayo Tropical Technology loan receivable 622300 C Science for Society Techno Services S4S loan receivable 40000 C Shortlist loan receivable 291550 C Cardecho B.V. loan receivable 700000 C Greenlight 250000 C SIMA Angaza Distributor Financing Fund Investment 600000 C Metro Afirca Express loan receivable 1000000 C WhereIsmy Transport loan receivable 722000 C 55279606 Federal income taxes 0 Grantees due after one year 505400 Performance Share Plans 167389 672789 85388707 32726727 32726727 52661980 0 52661980 43676445 0 43676445 0 43676445 true Europe Including Iceland and Greenland 1 27 Grantmaking Grant expense 9757394 Middle East and North Africa 0 0 Grantmaking Grant expense 1500000 South Asia 0 0 Grantmaking Grant expense 2704400 Sub-Saharan Africa 0 1 Grantmaking Grant expense 6255500 Europe Including Iceland and Greenland 1 27 Program services,Investments Program services 8460552 Middle East and North Africa 0 0 Program services,Investments Program services 354230 Sub-Saharan Africa 0 1 Program services,Investments Program services 8282051 North America 0 1 Program services,Investments Program services 154475 Europe Including Iceland and Greenland 1 27 Program-related investments Investments 327327 Sub-Saharan Africa 0 1 Program-related investments Investments 3500000 3 85 3 85 41295929 41295929 Europe (Including Iceland and Greenland) Calvert-Gen Support 2000000 Bank Transfer Middle East and North Africa IBSF Grant - gen support 1500000 Bank Transfer Europe (Including Iceland and Greenland) Sustainable Energy for All - Gen support 1000000 Bank Transfer Europe (Including Iceland and Greenland) WhereIsMyTransport - Gen Support 1000000 Bank Transfer Europe (Including Iceland and Greenland) Dharmalife Fountion - Gen Support 950000 Bank Transfer Europe (Including Iceland and Greenland) Aceleron - Gen Support 850000 Bank Transfer Europe (Including Iceland and Greenland) Energy Company of Future - Gen Support 750000 Bank Transfer Sub-Saharan Africa Amiran Kenya Ltd - Gen support 700000 Bank Transfer South Asia CEEW-Gen Support 678000 Bank Transfer Sub-Saharan Africa Tugende Global-Gen Support 650000 Bank Transfer Europe (Including Iceland and Greenland) Equatorial Power BV- Gen support 617000 Bank Transfer Sub-Saharan Africa Ampersand Rwandan Ltd-Gen Support 600000 Bank Transfer Europe (Including Iceland and Greenland) The Sure Chill Company Ltd-Gen Support 506137 Bank Transfer Sub-Saharan Africa Safeboda-Gen Support 500000 Bank Transfer Sub-Saharan Africa Bbox caital RDC-Gen support 500000 Bank Transfer Sub-Saharan Africa Open capital group ltd-Gen support 500000 Bank transfer Europe (Including Iceland and Greenland) Power Solar International-Gen support 500000 Bank transfer Europe (Including Iceland and Greenland) Stichting Smart Freight-Gen support 488705 Bank transfer South Asia Hosa Solutions Pvt Ltd-Gen support 485000 Bank Transfer South Asia Inficold Inc-Gen support 480000 Bank Transfer South Asia SMV Green solutions-Gen support 450000 Bank Transfer Sub-Saharan Africa Easy Matatu Ltd-Gen support 350000 Bank Transfer Sub-Saharan Africa Globology Ltd-Gen support 300000 Bank Transfer Sub-Saharan Africa EA Fruits Farm and Co-Gen support 300000 Bank Transfer South Asia Revfin Services Pvt Ltd-Gen support 300000 Bank Transfer Europe (Including Iceland and Greenland) Pula Advisors GmBH-Gen Support 300000 Bank Transfer Europe (Including Iceland and Greenland) Catalyst Enable Digital-Gen support 250000 Bank Transfer Sub-Saharan Africa Rovingheights Nigeria-Gen support 250000 Bank transfer Sub-Saharan Africa Agrocenta-Gen support 250000 Bank transfer South Asia Science for Society-Gen support 200000 Bank transfer Sub-Saharan Africa Shortlist professional-gen support 200000 Bank transfer Europe (Including Iceland and Greenland) Southpole carbon association 200000 Bank transfer Sub-Saharan Africa Jali Finance-Gen support 200000 Bank transfer Sub-Saharan Africa Asobo Kenya Ltd-Gen support 200000 Bank transfer Sub-Saharan Africa Savant group Ltd-Gen support 200000 Bank transfer Europe (Including Iceland and Greenland) Jarana SA 200000 Bank transfer South Asia Villgro Innovations Foundation-Gen support 196400 Bank transfer South Asia Navalt Solar and Electrical-Gen support 185000 Bank transfer Sub-Saharan Africa Raino Tech4Impact Ltd -Gen support 170500 Bank transfer Europe (Including Iceland and Greenland) Ferntech GmbH -Gen support 150000 Bank transfer Sub-Saharan Africa Zola Electric International-Gen support 125000 Bank transfer Sub-Saharan Africa Energy private developers-Gen support 100000 Bank transfer Sub-Saharan Africa University of Nairobi -Gen support 100000 Bank transfer Sub-Saharan Africa Swifta Systems & Services-Gen support 60000 Bank transfer Europe (Including Iceland and Greenland) Oxford University -Gen support 45622 Bank transfer Europe (Including Iceland and Greenland) M-KOPA UK Ltd -Grant return -5103 Bank transfer Europe (Including Iceland and Greenland) Vodafone-Grant return -44968 Bank transfer South Asia Our Food Private Limited-Gen support -270000 Bank transfer Sub-Saharan Africa Amiran Kenya Ltd-Grant return -300000 Bank transfer Europe (Including Iceland and Greenland) WhereIsMyTransport Ltd-Grant return -1000000 Bank transfer 9 41 true Social Investment Managers and Advisors LLc 7 Columbus Ave Suite 512 New York New York NY 10023 0 1515061 General support Apollo Agriculture Inc 1555 8th st Oakland CA 94607 Oakland CA 94607 0 1360000 General support Africa Minigrid Developers Association 6550 E NEVADA PL DENVER CO 802 Denver CO 80224 0 1120000 General support World Resources Institute 10 G Street NE Washington DC 20 Washington DC 20002 0 850000 General support CrossBoundary Energy 1220 19th St NW 500 Washington Washington DC 20036 0 620000 General support Odyssey Energy Solutions Inc 1519 Pine St Unit 1 Boulder CO 8 Boulder CO 80302 0 500000 General support Nithio Holdings Inc 0 300000 General support PayGo Energy Inc Fort Worth TX US 4455 Camp Bowie Fort Worth TX 76107 0 300000 General support The Global Development Incubator 1401 K Street NW Suite 900 Washington Washington DC 20005 0 161762 General support Lendable Inc 600 Wilmington New Castle County New Castle DE 19720 0 -20000 Grant return Metro Africa Xpress Inc 1407 Broadway New York NY 10018 New York NY 10018 0 -1000000 Grant return 0 0 false false true false false false false true false Malcolm Brinded Former Trustee - resigned in 2020 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Sam Parker Chief Executive Officer 0 0 0 0 398387 0 0 0 0 0 398387 0 0 0 Richard Gomes Deputy Chief Executive Officer 0 0 0 0 183019 0 0 0 0 0 183019 0 0 0 Gareth Zahir Bill Operations Director 0 0 0 0 187097 0 0 0 0 0 187097 0 0 0 Krysten Crainshaw Former Business Manager 0 0 0 0 163453 0 0 0 0 0 163453 0 0 0 Ashish Kumar Portfolio Innovation Manager 0 0 0 0 160853 0 0 0 0 0 160853 0 0 0 Jordan Broadbent Senior Theme Lead Energy for Business 0 0 0 0 159952 0 0 0 0 0 159952 0 0 0 Nicholas Jones Market Development Manager 0 0 0 0 156620 0 0 0 0 0 156620 0 0 0 Emma Miller Theme Lead 0 0 0 0 152058 0 0 0 0 0 152058 0 0 0 Part I Line 7 he organization offers bonuses to persons employed by the organization. These bonuses are calculated with a formula. The decision to award bonuses is discretionary and individual details are not known due to confidentiality. We have therefore disclosed total compensation, including bonuses, as Other Reportable Compensation as a breakdown is not available. Part I Line 4c | Name :, Title:, Item Selected:, Amount:| Confidential to disclose, 0| Part VI, Line 6 The sole member of the Foundation is The Shell Petroleum Company Limited. Part VI, Line 7a The sole member of the Foundation is The Shell Petroleum Company Limited. The eight Trustees are appointed by The Shell Petroleum Company Limited. There are no material differences in voting rights amongst members of the governing body. The Board is supported for the financial results and statutory returns internal controls and risks associated with the Foundation's activities and appropriate mitigation measures in respect of these by an Audit and Risk Committee by an Investment Committee for the endowment investment returns strategic asset allocation and performance of the fund manager and by a Remuneration Committee for the team's performance against pre-determined annual targets. Part VI, Line 7b The sole member of the Foundation is The Shell Petroleum Company Limited. The eight Trustees are appointed by The Shell Petroleum Company Limited. There are no material differences in voting rights amongst members of the governing body. The Board is supported for the financial results and statutory returns internal controls and risks associated with the Foundation's activities and appropriate mitigation measures in respect of these by an Audit and Risk Committee by an Investment Committee for the endowment investment returns strategic asset allocation and performance of the fund manager and by a Remuneration Committee for the team's performance against pre-determined annual targets. Part VI, Line 11a The form and accompanying Schedules are initially prepared and reviewed by the Shell Foundation Finance team. Where necessary advice is sought and finally the form is reviewed and signed by the Shell Foundation Chief Financial Officer. Part VI, Line 11b The form and accompanying Schedules are initially prepared and reviewed by the Shell Foundation Finance team. Where necessary advice is sought and finally the form is reviewed and signed by the Shell Foundation Chief Financial Officer. Part VI, Line 12c Shell Foundation has documented Business Principles which includes a statement relating to conflicts of interest: "Staff must avoid conflicts of interest between their private financial affairs and their part in the conduct of the Shell Foundation activities. Staff must also declare to Shell Foundation any potential conflicts of interest." We monitor this through the following processes; maintain a register of gifts and hospitality given received or offered; maintain a register of related transactions maintain a register of other offices held; trustees annually declare any related parties." All decision-making procedures have conflict of interest declarations built into them both in formal documentation and at the start of every decision-making meeting. Conflicts declared are minutes for the records and individuals with such conflicts remove themselves from further involvement in that decision. Procedures apply equally to staff trustees advisors and volunteers. Shell Foundation's financial statement and conflicts of interest policy as part of its Business Principles available to the public via its website UK Companies House and UK Charities Commission. Shell Foundation's governing documents are available to the public on request. Part VI, Line 15 Shell Foundation is a registered charity and under UK charity law its Board of trustees is obligated to act independently in accordance with its charitable objectives. Although the Shell Petroleum Company Limited is the sole member of the Shell Foundation the Foundation is not consolidated within the financial results of the Royal Dutch Shell RDS Group because it is an independent charity. The trustees officers and the key staff of the Shell Foundation who are employed by the RDS Group - a related organisation- have been requested by the RDS Group to permit their compensation details to be released to the Shell Foundation and it has been shown in the Form 990 compensation from a related organisation. Shell International Limited 20 York Road London SE1 7NA london london UK 0 Corporate Service company UK The Shell Petroleum Company Limited C-Corporation 0 0 0 false Shell Energy Europe Limited 20 York Road London SE1 7NA London London UK 0 Trading company UK Shell Trading International Limited C-Corporation 0 0 0 false BG Group Ltd Shell Centre London SE1 7NA London London UK 0 Holding company UK Shell Petroleum N V C-Corporation 0 0 0 false Royal Dutch Shell Plc Shell Centre London SE1 7NA London London UK 0 Holding company UK Shell RDS Holding B V C-Corporation 0 0 0 false The Shell Transport and Trading Ltd Shell Centre London SE1 7NA London London UK 0 Holding company UK Shell Petroleum N V C-Corporation 0 0 0 false Shell Asset Management Company Lange Kleiweg 40 2288 GK Rijswijk Rijswijk Rijswijk NL 0 Investment management company NL Shell Petroleum N V C-Corporation 0 0 0 false false false true false false false false false false false false false false false false true false false false Shell International Limited P 9526167 Cash paid Shell Energy Europe Limited C 6000000 Cash received BG Group Ltd C 5567557 Cash received Royal Dutch Shell Plc C 60789 Cash received Shell Transportation and Trading Ltd C 2662460 Cash received Shell Asset Management Company B 509618 Cash paid via Shell International and accrued