2022-11-15T05:03:13-08:00 2021-12-31 611417530 Avni & Fogel CPAs PC 151 OVERLOOK TERRACE EAST HILLS NY 11577 990EZ 2021-01-01 472452889 CLOSED LOOP FOUNDATION INC CLOS 9178226476 888 SEVENTH AVENUE 10 FLOOR NEW YORK NY 10106 RON GONEN Director 2022-11-15 true RON GONEN 999009999 ERIK AVNI P00621953 7188862054 2 AAL1 IAL1 FAL1 2021 2022-09-23 18:48:47Z X N/A X X 150000 X 150000 0 0 0 0 150000 1500 160596 162096 -12096 318302 306206 X 318302 456206 318302 456206 150000 318302 306206 CLOSED LOOP FOUNDATION SUPPORTS RESEARCH AND DEVELOPMENT OF TECHNOLOGIES AND BUSINESS MODELS FOCUSED ON BUILDING THE CIRCULAR ECONOMY. The Closed Loop Foundation (CL Foundation) is an independent 501(c)(3) supported by Closed Loop Partners that is building an investment strategy to advance recycling infrastructure in Puerto Rico. The initial effort, with a project period of September 2018 to July 2019, is co-funded by the Coca-Cola Foundation and consists of two stages: (i) Mapping the relevant recyclable materials, stakeholders, and recycling opportunities in Puerto Rico, and (ii) Identifying and selecting one to two pilot projects that will demonstrate the recycling investment opportunity. CL Foundation plans to expand this initial effort in ambition and scope to create additional recycling investment opportunities and demonstration projects in the region with additional partners and in 2019 and beyond. Closed Loop Foundation and The Center for the Circular Economy envisions a future where post-use plastics are reused or transformed into valuable building blocks for new materials. To address the barriers to scaling advanced recycling in North America, we have launched an 11-month project to publish an advanced recycling Investor and Partnerships Roadmap by December 2021. 150000 SUPPORTING RECYCLING WORKERS THRU COVID ASSISTANCE AND SUPPLIES 9750 159750 RON GONEN Executive Dir. 1.00 0 KYLE WESTAWAY Director 1.00 0 BRIDGET CROKE Secretary 20.00 0 PAUL MACHT Director 1.00 0 ERIK AVNI Treasurer 1.00 0 false false false false false false false 0 0 0 false 0 0 false NY RON GONEN 3 COLUMBUS CIRCLE SUITE 1656 NEW YORK NY 10019 9178226476 false false false false false false false false false false false NONE NONE true X 385000 200000 350000 752500 150000 1837500 0 0 385000 200000 350000 752500 150000 1837500 1532000 305500 0 0 0 1837500 0.16630 0.48660 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED Other Expenses.1012 Insurance $821 Other Expenses.1 CONSULTANTS $159750 Other Expenses.2 FILING FEES $25 Total Liabilities.1002 Grants Payable - Beginning $0 Grants Payable - Ending $150000