Linden Trust For Conservation
- Assets
- $19.9m
- Revenue
- $1.0m
- Investments
- $17.7m
- Employees
- 0
- Location
- New York, NY
- Founding
- 09/1994
- Data as of
- 12/2023
- EIN
- 13-3748063
Organization Overview
Linden Trust For Conservation is located in New York, NY. The organization was established in 1994. According to its NTEE Classification (T23) the organization is classified as: Private Operating Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Linden Trust For Conservation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Linden Trust For Conservation generated $1.0m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (35.3%) each year. All expenses for the organization totaled $4.1m during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2019, Linden Trust For Conservation has awarded 170 individual grants totaling $31,562,134. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
CLIMATE POLICY INITIATIVES: SEEKS TO (1) ENCOURAGE THE ADOPTION OF AN ECONOMY-WIDE, MARKET-BASED SOLUTION TO ADDRESS THE CHALLENGE OF CLIMATE CHANGE AND ADVANCE A CLEAN-ENERGY ECONOMY, AND (2) GAIN THE INCLUSION OF CARBON DIOXIDE REMOVAL, ONE OF THE MAJOR NECESSARY COMPONENTS OF A GLOBAL CLIMATE SOLUTION, IN U.S. CLIMATE POLICY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lawrence H Linden Trustee | 40 | $0 | |
Dana Wechsler Linden Trustee | 1 | $0 | |
Roger T Ullman Executive Director | 40 | $613,100 | |
Anna C Giorgi Program Associate | 40 | $185,000 | |
Igor Goldenberg Director Of Finance | 24 | $130,800 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Rhodium Group Llc | 12/30/23 | $275,333 |
Spitfire Strategies | 12/30/23 | $214,999 |
Ernst & Young Llp | 12/30/23 | $117,500 |
Goldman Sachs & Co Llc | 12/30/23 | $103,717 |
Cassidy & Associates Inc | 12/30/23 | $64,500 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $724,792 |
| Interest on Savings | $4,964 |
| Dividends & Interest | $459,674 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$235,590 |
| Capital Gain Net Income | $15,397 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $69,672 |
| Total Revenue | $1,023,512 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $613,100 |
| Other employee salaries and wages | $354,811 |
| Pension plans, employee benefits | $255,010 |
| Interest | $26,113 |
| Taxes | $6,020 |
| Depreciation | $0 |
| Occupancy | $332,985 |
| Travel, conferences, and meetings | $60,183 |
| Printing and publications | $20,772 |
| Other expenses | $33,711 |
| Total operating and administrative expenses | $2,651,533 |
| Contributions, gifts, grants paid | $1,421,000 |
| Total expenses and disbursements | $4,072,533 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $777,232 |
| Savings and temporary cash investments | $207,053 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $825,000 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $25,578 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $13,732,598 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $282,693 |
| Total assets | $19,852,346 |
| Accounts payable and accrued expenses | $376,463 |
| Grants payable | $600,000 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $294,383 |
| Total liabilities | $1,270,846 |
Grants Awarded
Over the last fiscal year, Linden Trust For Conservation has awarded $2,158,500 in support to 26 organizations.
| Grant Recipient | Amount |
|---|---|
BIPARTISAN POLICY CENTER INC PURPOSE: CARBON DIOXIDE REMOVAL | $100,000 |
CARBON 180 PURPOSE: CARBON DIOXIDE REMOVAL | $150,000 |
CLEAN AIR TASK FORCE PURPOSE: CDR - ZERO CARBON GOAL | $100,000 |
COLUMBIA UNIVERSITY - CEES PURPOSE: UNRESTRICTED GENERAL INSTITUTIONAL SUPPORT | $25,000 |
NEW YORK LEAGUE OF CONSERVATION VOTERS EDUCATION FUND INC PURPOSE: UNRESTRICTED GENERAL INSTITUTIONAL SUPPORT | $5,000 |
RESOURCES FOR THE FUTURE PURPOSE: CARBON PRICING MODEL | $100,000 |