2020-06-10T15:05:02-05:00 2019-12-31 205496781 James P Hasselman CPA LLC PO Box 11149 Honolulu HI 96828 990 2019-01-01 273091938 Sustainable Fisheries Partnership Foundation SUST 8087262582 4348 Waialae Avenue 692 Honolulu HI 96816 James Cannon CEO 8087262582 2020-06-10 1 James Hasselman P00653759 8087215483 2020-06-10 X 98.151.74.57 2020-06-10 10:04:48 HS P 0F01B15DC182D1175570B5F0FDFA33E3275432F1 0F01B15DC182D1175570B5F0FDFA33E3275432F1 2019 2020-09-22 18:59:49Z James Cannon 4348 Waialae Avenue 692 Honolulu HI 96816 7616735 0 X www.sustainablefish.org X 2009 HI See mission statement on Schedule O.To engage and catalyze global seafood supply chains in rebuilding depleted fish stocks and reducing the environmental impacts of fishing and fish farming. 8 8 24 0 105000 -60547 7909162 7492477 185548 120584 437 3674 0 0 8095147 7616735 0 0 0 0 3895542 4401889 0 0 94960 3397737 3310468 7293279 7712357 801868 -95622 5460501 5601025 316688 552834 5143813 5048191 X To engage and catalyze global seafood supply chains in rebuilding depleted fish stocks and reducing the environmental impacts of fishing and fish farming. 0 0 6416168 15584 See Schedule O for Program Service Accomplishments.Sustainable Fisheries Partnership Foundation (SFP) comprises approximately 60 staff and contractors working to engage and catalyze global seafood supply chains in rebuilding depleted fish stocks and reducing the environmental impacts of fishing and fish farming, with major projects in Asia, Europe, and North and South America. SFP convenes, educates, and advises supply chain stakeholders including major retailers, restaurant chains, seafood brand owners, buyers, producers (fishers), NGOs, and fisheries management and scientific institutions to improve fisheries practices and policies. Some of SFP's oldest partners include McDonald's, Walmart, and High Liner Foods. Today, SFP has established partnerships with approximately 40 of the world's top companies engaged in the seafood trade. A full list of SFP's partners can be found on our web site at www.sustainablefish.org.Throughout 2019, SFP continued to focus on its Target 75 initiative, with strong support from SFP's partners. This initiative is dedicated to ensuring that 75 percent (by volume) of seafood from a range of strategic seafood sectors comes from fisheries and fish farms that are either sustainably managed or clearly improving by the end of 2020. Efforts to reach the 75 percent goal by 2020 are largely focused on our three platforms for fishery and aquaculture improvement: Supply Chain Roundtables (SRs), Fishery Improvement Projects (FIPs), and Aquaculture Improvement Projects (AIPs). All of the SRs have identified those fisheries and aquaculture regions that are key to delivering the Target 75 objectives and have prioritized catalyzing FIPs and AIPs accordingly. The prioritized sectors that require the most attention are tuna, farmed shrimp, fishmeal/oil, snapper/grouper, crab, octopus, and squid. Sectors that already meet the T75 requirements (or are close) receive less attention, e.g., wild whitefish and cold-water small shrimp. Throughout 2019, SFP produced in-depth reports covering many of these sectors, to serve both as reference and benchmark for the initiative's supporters.A main component of SFP's strategy includes improving access to information used to guide responsible seafood sourcing. SFP implements this strategy in a number of ways, including by catalyzing and advising industry-led Fishery Improvement Projects (FIPs) and Aquaculture Improvement Projects (AIPs). A FIP or AIP is a collaboration among relevant stakeholders to influence policies and management practices and improve the sustainability of fishing and fish farming operations. Once established, a FIP functions as a continuous improvement vehicle that aligns the interests of the supply chain. It sets and implements its own improvement objective (using public workplans and measurable milestones) and is designed to be led by industry and to outlive the initial involvement of NGOs such as SFP, functioning as long as necessary to achieve sustainability goals. Worldwide, SFP is currently advising improvement in more than 140 FIPs and AIPs.SFP also organizes fish buyers into supply chain roundtables (SRs) that oversee the creation of FIPs and AIPs in their areas and monitor progress. An SR is a forum for processors, importers, and others that buy directly from a specific seafood sector to work together in a pre-competitive environment to achieve improvements in fisheries or aquaculture. Currently, SFP works with approximately 16 supply chain roundtables. In 2016, SFP began emphasizing industry-driven efforts over SFP initiating FIPs, AIPs, and similar projects on its own. SFP plans and holds many SR meetings to coincide with the major annual seafood industry trade shows in Boston and Brussels. This gives SR participants a chance to meet in person to discuss progress and related issues, plus it gives SFP the chance to be on hand face-to-face with the participants to answer questions, provide updated data connected to a particular project, and offer additional information.SFP engages and educates the seafood supply chain by sponsoring annual Fisheries Forums that provide opportunities for our partners and other stakeholders to meet, learn, share information and lessons learned, and decide strategies for achieving sustainable fisheries. SFP had a busy start to 2019, with both our Target 75 Forum in February in Miami, and our participation in the Seafood Expo North America in March in Boston. The T75 Forum was particularly well-attended, especially at the side meetings and Supply Chain Roundtable meetings that were held the day before the plenary. It was standing room only in the Mexican Seafood SR and for the launch of the Global Mahi SR, and nearly 30 people attended a briefing on SFP's aquaculture work. We had strong participation from our global partners at the event as well, and convened them for an informative "Thought Leaders Group" meeting before the Forum. Representatives from our North American partners met to discuss future priorities and challenges, as well as their engagement in Target 75. Target 75 was emphasized in Boston, as well. Once again, SFP kicked off our Seafood Expo North America meetings the day before the Expo began, with a Target 75 luncheon on Saturday attended by about 50 people. SFP's founder and CEO, Jim Cannon, shared that the industry had made considerable progress in getting new fisheries "across the starting line and on the path to sustainability in the past year, and that we're nearly halfway to Target 75 goals. The collaborative spirit of Target 75 was recognized that evening at the Conservation Alliance reception, where the participation of several other NGOs in Target 75 initiatives was highlighted during the program. During the Expo, seven SR meetings were held (Asian farmed shrimp, global fresh and frozen tuna, Gulf of Mexico shrimp, Indonesian snapper and grouper, mahi, octopus, and squid) to update industry on progress and remaining challenges across key sectors. More than 115 individual companies attended the slate of SR meetings. Another important information tool SFP uses to inform improvement in fisheries is its FishSource program-an online information resource that records the status of fish stocks and fisheries. SFP created FishSource (www.fishsource.com) so that fisheries experts around the world can share their public scientific and technical information and provide major seafood buyers with up-to-date, impartial, actionable information on the status of fisheries and the improvements that are needed to become sustainable. FishSource currently provides public information on 3,994 wild capture fisheries. Since FishSource Aquaculture launched in 2018, 57 public profiles have been published.Examples of SFP's progress toward globally sustainable fisheries in 2019 include: * Changes to SR Landscape: In 2019, SFP encouraged the SRs to broaden their scope and engage in national or regional policy/management improvements. As such, the Asia Tilapia and Vietnam Pangasius SRs merged into a General Aquaculture SR, and the Eastern Pacific Ocean Large Pelagics SR turned into the Global Mahi-Mahi SR - leaving 16 SRs in evaluation (10 priority SRs, 6 monitoring SRs).* Increasing participation in the Supply Chain Roundtables: 8 out of 10 priority SRs increased participation (Asia Farmed Shrimp, Asia BSC, Global Mahi, Global Fresh-Frozen Tuna, Global Squid, Global Octopus, Indonesia Snapper & Grouper, and Mexican Seafood). Only the Asia Reduction and Latin American Reduction SRs recruited no new participants in 2019, although in the Latin American Reduction SR existing participants have increased their leverage by merging into groups or adding their regional subsidiaries.An additional 5 SRs have sufficient support and are not actively seeking new participants (Gulf of Mexico Shrimp, Russian Far East Whitefish, Russian Far East Crab, Northwestern Atlantic Cod, and European Sustainable Fishmeal).While SFP's SRs gained the participation of 13 unique companies in 2019, there were also 12 previous participating companies that either merged or left an SR; thus the total number of unique companies participating across the 16 SRs in 2019 increased by 1 to 152.* Continuing FIP catalyzation: In 2019, 24 FIPs were initiated or re-activated in fisheries under the scope of the SRs, including 4 with a national scope. 17 of these now public FIPs were part of the 25 fisheries that were in process of initiating improvement efforts in 2018. The SRs are currently supporting 19 fisheries that are initiating FIPs. 6416168 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 12 0 1 24 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 8 8 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 CA AR X X Sustainable Fisheries Partnership Foundation 8087262582 4348 Waialae Avenue 692 Honolulu HI 96816 Jean-Louis Meuric Director, Chairman 2.00 X X 0 0 0 Betsy Ward Director, Vice-Chair 2.00 X X 0 0 0 Manish Kumar Director, Treasurer 2.00 X X 0 0 0 Andrew Yanagihara Director 2.00 X 0 0 0 Cat Dorey Director 2.00 X 0 0 0 Lafcadio Cortesi Director 2.00 X 0 0 0 Marc D Stuart Director, partial year 2.00 X 0 0 0 Scott Burns Director, partial year 2.00 X 0 0 0 Andrew Donaldson Director 2.00 X 0 0 0 Ed Rhodes Director 2.00 X 0 0 0 James Cannon Pres. & CEO, Ex-Officio Di 40.00 X 263868 0 31714 Andrei Klimenko COO 40.00 X 145010 0 6587 Chisa Woodley CFO 40.00 X 106355 0 11779 Charles Burg Dev & Govt Relations Direc 40.00 X 120250 0 32581 Kathryn Novak Buyer Engagement Director 40.00 X 129216 0 17990 Braddock Spear Systems Director 40.00 X 130227 0 20828 David Martin Programs Dep Div Director 40.00 X 115906 0 31686 Blake Lee-Harwood Programs Division Director 40.00 X 118874 0 24210 1129706 0 177375 11 0 1 0 Globalization Partners One Boston Place Suite 2600 Boston MA 02108 Global employment provider 492704 Gingerfish Ltd 7 Kate Way Karori Wellington NZ 6012 Fishery Technical Analysis 117623 2 1010955 6481522 7492477 Metrics income 900099 80000 80000 Fee for service income 900099 25000 25000 Registration Fees 900099 15584 15584 120584 3674 3674 7616735 15584 105000 3674 X 612770 262985 340393 9392 3090549 2635990 391443 63116 73817 64005 7281 2531 306382 246669 49007 10706 318371 276358 36616 5397 1801265 1689402 111863 601753 491038 108996 1719 33597 27430 6167 670076 576433 91614 2029 109624 107470 2154 19843 820 19023 74310 37568 36672 70 7712357 6416168 1201229 94960 3758910 3942632 933589 598777 543896 807108 42044 29178 182062 223330 5460501 5601025 316688 552834 316688 552834 X 1023013 1022770 4120800 4025421 5143813 5048191 5460501 5601025 -95622 0 X X 0 1 X 1 0 X 6631786 9396011 3834001 7909162 7492477 35263437 6631786 9396011 3834001 7909162 7492477 35263437 20475659 14787778 166 165 166 437 3674 4608 35268045 387338 0.41930 0.38950 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 X 7616735 0 7616735 0 7616735 7712357 0 7712357 0 7712357 Part X, Line 2: The Foundation's audited financial statements contain the following disclosure regarding uncertain tax positions: "The Foundation adheres to generally accepted accounting principles (GAAP) pertaining to uncertain tax positions. Those principles call for uncertain tax positions to be recognized in the financial statements only if those positions are more likely than not to be sustained upon regulatory examination. Management is not aware of any uncertain tax positions affecting the Foundation's tax status or financial statements. Income tax returns for 2016, 2017 and 2018 are open to examination by the IRS." Canada/ Mexico 0 8 Program services Fisheries Information and Improvement 330381 East Asia and Pacific, incl Australia 1 53 Program services Fisheries Information and Improvement 1492777 Europe, incl Iceland and Greenland 0 30 Program services Fisheries Information and Improvement 1769716 South America 0 16 Program services Fisheries Information and Improvement 694832 Middle East and North Africa Program services Fisheries Information and Improvement 20601 Central America and Caribean Program services Fisheries Information and Improvement 7916 1 107 0 0 1 107 4316223 0 4316223 0 0 0 0 0 0 Part I, line 3: Accrual method. Part III Accounting Method: X X X X 0 0 0 0 0 0 0 0 0 James Cannon Pres. & CEO, Ex-Officio Di 263868 0 0 0 0 0 19000 0 12714 0 295582 0 0 0 Andrei Klimenko COO 145010 0 0 0 0 0 5810 0 777 0 151597 0 0 0 Charles Burg Dev & Govt Relations Direc 120250 0 0 0 0 0 5332 0 27249 0 152831 0 0 0 Braddock Spear Systems Director 130227 0 0 0 0 0 5322 0 15506 0 151055 0 0 0 Form 990, Part VI, Section B, line 11b Form 990 was provided to the Audit and Finance Committees of the Board of Directors, each of whom reviewed it in detail with management. Form 990 was then circulated to the full Board of Directors for their review prior to filing. Form 990, Part VI, Section B, line 12c Officers, directors and key employees are asked to update a Disclosure Form on an annual basis. This process is monitored by the organization's chief financial officer. Form 990, Part VI, Section B, line 15a The CEO's compensation was determined and approved by the board of directors, after reviewing comparability data. The results of this process were documented in minutes of the board of directors meeting. The CEO recused himself from the meeting during the discussion of compensation. Form 990, Part VI, Section C, line 18 The organization makes its form 1023 and form 990 available for public inspection upon request. The organization's form 990 is also available at www.guidestar.com. Form 990, Part VI, Section C, line 19 The organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request. Form 990, Part IX, line 11g Independent contractor fees : Program service expenses 307,887. Management and general expenses 24,062. Fundraising expenses 0. Total expenses 331,949. Other professional fees : Program service expenses 1,381,515. Management and general expenses 87,801. Fundraising expenses 0. Total expenses 1,469,316. Form 990, Part XII, Line 2c: The process for engaging an auditor and reviewing the results of the annual audit have not changed from the prior year.