2012-11-14T05:35:10-08:00 2011-12-31 RIVLIN LICHTER AND FELDMAN P C 300 REDLAND CT STE 212 OWINGS MILLS MD 211173273 990 2011-01-01 200231609 Carbonfundorg Foundation CARB 2402470630 3 Bethesda Metro Center Bethesda MD 20814 Kris Martino 2012-11-14 true Paul B Feldman CPA 4109026120 2011 2016-02-24 21:20:13Z 2710754 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. 6 5 15 0 2325568 2700207 0 88724 104851 8263 -94304 2422555 2710754 0 0 1183024 854588 0 21779 472518 928848 1655542 1783436 767013 927318 4824242 6158327 640064 846831 4184178 5311496 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 1559832 2690207 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. 133279 Funds used to establish operations of CarbonCo,LLC for purpose of preserving land in Brazil and Indonesia 1693111 true true false false false false false false false false true false false true 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 15 true false false false false false false false false false false false 0 false false false false false false false false false false false X 6 5 false false false false false false false true true false false false true true true true true true true true false false WV WI WA VA UT TN SC RI PA OR OK OH NY NM NJ NH ND NC MS MO MN MI ME MD MA LA KY KS IL HI GA FL DC CT CO CA AZ AR AL AK X X X Kris Martino 2402470630 3 Bethesda Metro Center Bethesda MD 20814 Mike Staresnic 2.00 X 0 0 0 Mark Rees 3.00 X X 0 0 0 L Hunter Lovins 2.00 X 0 0 0 Curt Clements 2.00 X 0 0 0 Eric Carlson 45.00 X X 228055 0 6506 Paul Rowland 4.00 X X 0 0 0 Kris Martino 45.00 X 111839 0 4284 339894 10790 2 false true false 0 2700207 2700207 0 104851 104851 0 0 0 0 0 0 0 Miscellaneous Revenue 32948 32948 Loss on investment in LLC -133279 -133279 Gain on Disposal of PPE 6027 6027 -94304 2710754 10547 0 0 0 0 339894 316101 20394 3399 0 410634 381890 24638 4106 17396 16178 1044 174 30435 28305 1826 304 56229 52293 3374 562 0 43557 40508 3049 26097 25575 522 0 0 0 51427 47827 3600 3637 3637 9740 8804 468 468 33504 32834 335 335 0 29810 23848 2981 2981 62935 62935 0 0 0 0 4877 4101 388 388 2909 2619 145 145 Renewable Energy 158040 158040 Project Costs - General 378735 378735 Miscellaneous Expenses 43600 34880 4360 4360 Merchant Fees and Bank Charges 25122 24620 502 CarbonCo Expenses 44025 44025 10833 8993 920 920 1783436 1693111 68546 21779 601566 825932 3238997 3871692 196734 637978 0 0 0 0 0 10726 1337 6006 1001 3876 5005 2934 3080 0 0 0 769409 813303 4824242 6158327 99080 85146 50000 490984 761685 640064 846831 X 4184178 5311496 4184178 5311496 4824242 6158327 X 927318 200000 X false true true X false false X 4848887 3993156 2217430 2325568 2710755 16095796 0 0 0 0 4848887 3993156 2217430 2325568 2710755 16095796 0 0 16095796 29070 37628 90114 88724 79501 325037 0 29070 37628 90114 88724 79501 325037 0 0 4877957 4030784 2307544 2414292 2790256 16420833 0.98020 0.98280 0.01980 0.01720 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 6006 1001 5005 5005 Projects in Process 746582 Investment in LLC 66721 813303 Purchase Obligations 717147 Accrued Payroll 44538 761685 2710754 1783436 927318 200000 200000 1127318 2710754 2710754 2710754 1783436 1783436 1783436 Part X Part X : FIN48 Footnote Foundation has properly disclosed uncertain tax positions in its financial statements in accordance with Financial Accounting Standards. Part XI, Line 8 Part XI, Line 8: Other Changes in Net Assets or Fund Balances Member Contribution to LLC $200000 LOSS FROM LLC - 2011 $ -0 Brazil 0 2 Consulting Legal & Consulting 78696 2 2 78696 78696 X false false false false false false X X X X X false false false false false false false false false false Eric Carlson 228055 6506 234561 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 Organization are available upon request. The financial statements are maintained on the Organization's website, other websites and upon request.Other Organization documents are publicly available. Form 990, Part VI, Line 12c Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts The Organization 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 Organization's written conflict of interest policy and procedures.The LLC that the Organization 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 Organization 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 Organzation has deferred voting rights and decisions to the governing body. Form 990, Part VI, Line 11 Form 990, Part VI, Line 11: Form 990 Review Process The governing body designates the review of the Form 990 to the President and Treasurer of the Organization who reports any significant items to the governing body. Form 990, Part III, Line 2 Form 990, Part III, Line 2: New Services The Foundation established a new subsidiary called CarbonCo, LLC. This entity is a for - profit entity owned 100% by the Foundation. The entity was formed to provide consulting services for both the Foundation and other for-profit and not-for-profit entities, particularly landowners in Brazil and Indonesia, to develop projects that avoid deforestation (Reducing Emissions from Deforestation and Degradation) (REDD.) CarbonCo LLC 3 Bethesda Metro Center Suite 700 Bethesda MD 20814 275046022 Consulting Services - Carbon Offset Industry DE 6719 990477 CarbonfundOrg Foundation false false false false false false false false false false false false false false false false false false