2013-05-10T13:39:35-07:00 2012-12-31 RIVLIN LICHTER AND FELDMAN P C 300 REDLAND CT STE 212 OWINGS MILLS MD 211173273 990 2012-01-01 200231609 Carbonfundorg Foundation CARB 2402470630 3 Bethesda Metro Center Bethesda MD 20814 Kris Martino 2013-05-10 true Paul B Feldman CPA P00156924 4109026120 2012 2016-02-24 21:20:13Z 1953107 false false X carbonfund.org X 2003 DE Reduce the impact of climate change through the reduction of carbon dioxide emissions, educate the public about the issues of climate change, support renewable energy, energy efficiency and forestry projects and seek ways to have a cleaner healthier environment. Also,in 2011,an LLC was formed to advise landowners and land-concession holders - primarily in Brazil and Indonesia - to develop carbon reduction projects for the landowners that will generate carbon credits that can be sold. These advisory services cover all technical and administrative tasks towards gaining project certification. 7 6 9 0 2700207 1877025 0 104851 59834 -94304 16248 2710754 1953107 0 0 854588 849473 0 30349 928848 773063 1783436 1622536 927318 330571 6158327 6053954 846831 405457 5311496 5648497 X Reduce the impact of climate change through the reduction of carbon dioxide emissions, educate the public about the issues of climate change, support renewable energy, energy efficiency and forestry projects and seek ways to have a cleaner healthier environment. Also,in 2011,an LLC was formed to advise landowners and land-concession holders - primarily in Brazil and Indonesia - to develop carbon reduction projects for the landowners that will generate carbon credits that can be sold. These advisory services cover all technical and administrative tasks towards gaining project certification. true false 1302165 1877025 To develop programs with individuals and businesses to reduce the impact of climate change through the reduction of carbon dioxide emissions, educate the public about the issues of climate change, support renewable energy, energy efficiency and forestry projects and seek ways to have a cleaner healthier environment. 107237 Funds used for operations of CarbonCo,LLC for purpose of preserving land in Brazil and Indonesia 76598 Purchase of camp with the goal of educating younger generations about the environment and climte change 45959 1531959 true true false false false false false false false false true false false false true true true false false true true false false false false false false false false true false false false false false false false false false false false false false false false true false false false false false true 0 0 false 9 true false false false false false false false false 0 false false false false false false false false false false X 7 6 false false false false false false false true true false false true true true true true true true true false WV WI WA VA UT TN SC RI PA OR OK OH NY NM NJ NH NC MS MO MN MI ME MD MA LA KY KS IL HI GA FL DC CT CO CA AZ AL AK AK X X X Kris Martino 2402470630 3 Bethesda Metro Center Bethesda MD 20814 Red Spellman 2.00 0.00 X 0 0 0 Mike Staresnic 2.00 0.00 X 0 0 0 Mark Rees 3.00 0.00 X X 0 0 0 L Hunter Lovins 2.00 0.00 X 0 0 0 Curt Clements 2.00 0.00 X 0 0 0 Eric Carlson 45.00 0.00 X X 271860 0 0 Paul Rowland 4.00 0.00 X X 0 0 0 Kris Martino 45.00 0.00 X 118365 0 0 390225 2 false true false 0 1877025 1877025 0 59834 59834 0 0 0 0 0 0 0 Miscellaneous Revenue 16248 16248 16248 1953107 76082 0 0 0 0 390225 363313 23067 3845 0 360044 334397 21984 3663 24724 22993 1483 248 24221 22525 1453 243 50259 46740 3015 504 0 43898 43898 9705 9511 194 0 0 0 60116 57110 3006 15823 15823 41154 37098 2028 2028 59169 53091 3039 3039 0 1606 1445 81 80 24947 24947 0 0 0 0 2299 1954 173 172 2003 1803 100 100 Taxes/ Fees/Reg 6041 4832 605 604 CarbonCo Expenses 47012 47012 Renewable Energy 140118 140118 Project Costs - General 314689 314689 4483 4483 1622536 1531959 60228 30349 825932 454026 3871692 4170420 637978 798403 0 0 0 0 0 1337 1829 450006 3320 5005 446686 3080 3123 0 0 0 813303 179467 6158327 6053954 85146 160918 200000 761685 44539 846831 405457 X 5311496 5648497 5311496 5648497 6158327 6053954 X 330571 6430 X false true X true false X 3993156 2217430 2325568 2710755 1659537 12906446 0 0 0 0 3993156 2217430 2325568 2710755 1659537 12906446 0 0 12906446 37628 90114 88724 79501 59834 355801 0 37628 90114 88724 79501 59834 355801 0 0 4030784 2307544 2414292 2790256 1719371 13262247 0.97320 0.98020 0.02680 0.01980 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 450006 3320 446686 446686 Accrued Payroll 44539 44539 X 1953107 1953107 1953107 1622536 1622536 1622536 Part X Part X : FIN48 Footnote Foundation has properly disclosed uncertain tax positions in its financial statements in accordance with Financial Accounting Standards. Brazil 0 2 Consulting Legal & Consulting 44449 2 2 44449 44449 false false false false false false X X X X X X false false false false false false false true false false Eric Carlson 254023 17837 271860 Sch J, Part I, Line 7 Part I, Line 7: Non-Fixed payments not listed above CEO OF THE FOUNDATION IS PAID A BASE SALARY PER A WRITTEN EMPLOYMENT AGREEMENT PLUS A DICRETIONARY BONUS BY THE BOARD OF DIRECTRORS Form 990, Part XI, Line 9 Other Changes In Net Assets Or Fund Balances - Other Increases Member Contribution to LLC = $300000 Form 990, Part XI, Line 9 Other Changes In Net Assets Or Fund Balances - Other Decreases Elimination of Loss on Investment in LLC reflected elseware = -$293570 Form 990, Part VI, Line 19 Form 990, Part VI, Line 19: Other Organization Documents Publicly Available The governing documents and the conflict of interest policy of the Foundation are available upon request. The financial statements are maintained on the Foundation's website, other websites and upon request.Other Foundation documents are publicly available. Form 990, Part VI, Line 15a Form 990, Part VI, Line 15a: Compensation Review & Approval Process - CEO, Top Management The Board of Directors independently approves compensation of the President using an outside compensation expert, comparability studies, and discussion and deliberation not in the presence of the President. Form 990, Part VI, Line 12c Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts The Foundation addresses conflicts of interest on a regular basis for both the governing body as well as employees. This is typically done during senior management and board meetings, and in accordance with the Foundation's written conflict of interest policy and procedures.The LLC that the Foundation is a 100% member has an independent governing body resposible for all decisions. This governing body includes six individuals. Two of the individuals of the LLC are also on the governing body of the Foundation and are both independent voting members.One individual on both governing bodies is a non-independent voting member. As a 100% member of the LLC, the Foundation has deferred voting rights and decisions to the governing body. Form 990, Part VI, Line 11b Form 990, Part VI, Line 11b: Form 990 Review Process The governing body designates the review of the Form 990 to the President, Treasurer and CFO of the Foundation. The CFO compares the Form 990 to the underlying data who reports any significant items to the governing body. Form 990, Part III, Line 4d Form 990, Part III, Line 4d: Other Program Services Description OTHER PROGRAM SERVICES 4: The Foundation started a web site in 2012 called "EnvironmentNEXT.org" to educate the public about all aspects of the environment Form 990, Part III, Line 2 Form 990, Part III, Line 2: New Services Purchased a day camp and sleepover camp in New Hampshire with the goal of integrating environmental education in a natural setting and reach out to younger generations in an educational and entertaining way to learn about the environment and climate changeThe Foundation began a web site called "EnvironmentNEXT.org" to inform the public about about environmental topics such as climate change, energy, water, global environment, public policy and solutions. The Foundation believes the web site will maximize the number of individuals reached especially with the younger generations CarbonCo LLC 3 Bethesda Metro Center Suite 700 Bethesda MD 20814 275046022 Consulting Services - Carbon Offset Industry DE 26700 1017178 CarbonfundOrg Foundation false false false false false false false false false false false false false false false false false false false