Sustainable Markets Foundation
- Assets
- $10.4m
- Revenue
- $17.8m
- Investments
- $0.0
- Employees
- 0
- Location
- New York, NY
- Founding
- 01/2002
- Data as of
- 08/2019
- EIN
- 13-4188834
Organization Overview
Sustainable Markets Foundation is located in New York, NY. The organization was established in 2002. According to its NTEE Classification (C30) the organization is classified as: Natural Resources Conservation & Protection, under the broad grouping of Environment and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations.
For the year ending 08/2019, Sustainable Markets Foundation generated $17.8m in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 11.9% each year . All expenses for the organization totaled $13.7m during the year ending 08/2019. While expenses have increased by 6.0% per year over the past 5 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Sustainable Markets Foundation has awarded 227 individual grants totaling $19,986,963. 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2019
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF THE ORGANIZATION IS TO PROMOTE ENVIRONMENTAL PROTECTION, ENERGY EFFICIENCY, CONSUMER PROTECTION, HEALTH AND SAFETY, AND GOOD GOVERNMENT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CLIMATE CHANGE - A PROGRAM TO RESEARCH AND DEVELOP REPORTS AND EDUCATIONAL MATERIALS FOR THE PUBLIC ON THE NEED FOR BOLD ACTION IN RESPONSE TO THE CLIMATE CRISIS. ACTIVITIES INCLUDE DISSEMINATION OF PUBLIC EDUCATION MATERIALS THROUGH THE MEDIA, BLOGS AND EDUCATIONAL INSTITUTIONS AND HOLDING PUBLIC EVENTS ACROSS THE U.S. TO RAISE PUBLIC AWARENESS OF THE IMPACT OF CLIMATE CHANGE.
AGRICULTURE - A PROGRAM TO RESEARCH AND WRITE REPORTS, BOOKS, NEWSLETTERS AND OTHER MATERIALS TO EDUCATE THE PUBLIC ON REGENERATIVE AND SUSTAINABLE AGRICULTURE, HEALTHY SOILS, FOOD SAFETY, AND INNOVATIVE FARMING TECHNIQUES THAT CAN REDUCE HEAT TRAPPING GASES IN THE ATMOSPHERE.
CLEAN ENERGY & JUST TRANSITION - A PROGRAM TO EDUCATE THE PUBLIC ABOUT THE NEED TO LOOK BEYOND FOSSIL FUELS TO A FUTURE THAT IS SAFE AND HEALTHY FOR EVERYONE AND ADDRESS THE ONGOING CLIMATE, HEALTH, AND ENVIRONMENTAL JUSTICE EMERGENCY CAUSED BY THE OIL AND GAS INDUSTRY, INCLUDING THE NEED TO PHASE OUT FOSSIL FUEL PRODUCTION WITH A JUST AND EQUITABLE TRANSITION THAT PROTECTS WORKERS, COMMUNITIES, AND ECONOMIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Stephen Kleinberg Secretary-Treas | OfficerTrustee | 1 | $0 |
Elizabeth Hitchcock President | OfficerTrustee | 1 | $0 |
John Richard Vice President | OfficerTrustee | 1 | $0 |
Jay Halfon Dir & Gen | Officer | 25 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Toxics Targeting Proj. Coordination | 8/30/19 | $273,650 |
Fenton Communications Inc Video And Film Prod. | 8/30/19 | $240,583 |
Aimee Boulanger Proj. Coordination | 8/30/19 | $161,716 |
Our Next Economy Llc Proj. Coordination | 8/30/19 | $2,245,000 |
Halfon & Boehm Pc Legal Services | 8/30/19 | $160,236 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $17,651,038 |
| Investment income | $131,633 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $17,782,671 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $549,812 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $202,794 |
| Fees for services: Accounting | $138,021 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,385 |
| Advertising and promotion | $6,861 |
| Office expenses | $6,918 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $69,276 |
| Travel | $319,332 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $16,742 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $2,562 |
| All other expenses | $0 |
| Total functional expenses | $13,699,835 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $924,823 |
| Savings and temporary cash investments | $9,305,934 |
| Pledges and grants receivable | $13,685 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $65,000 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $42,276 |
| Investments—publicly traded securities | $34,944 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $10,386,662 |
| Accounts payable and accrued expenses | $48,042 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $48,042 |
| Net assets without donor restrictions | $1,622,412 |
| Net assets with donor restrictions | $8,716,208 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total liabilities and net assets/fund balances | $10,338,620 |
Grants Awarded
Over the last fiscal year, Sustainable Markets Foundation has awarded $4,357,526 in support to 50 organizations.
| Grant Recipient | Amount |
|---|---|
Washington, DC PURPOSE: CLIMATE CHANGE | $712,500 |
New York, NY PURPOSE: CLIMATE CHANGE | $500,000 |
Los Angeles, CA PURPOSE: CONSUMER PROTECTION | $250,000 |
Washington, DC PURPOSE: CLIMATE CHANGE | $225,000 |
Washington, DC PURPOSE: CLIMATE CHANGE | $215,000 |
Washington, DC PURPOSE: CLIMATE CHANGE | $162,250 |
Grants Recieved
Over the last fiscal year, we have identified 5 grants that Sustainable Markets Foundation has recieved totaling $808,407.
| Awarding Organization | Amount |
|---|---|
Jewish Communal Fund New York, NY PURPOSE: General support | $328,407 |
Resources Legacy Fund Sacramento, CA PURPOSE: LAND OR MARINE CONSERVATION, PROMOTION OF EDUCATION AND/OR HEALTHY COMMUNITIES | $292,500 |
Tortuga Foundation New York, NY PURPOSE: ECO-ACCOUNTABILITY PROJECT | $142,500 |
Western Conservation Action Denver, CO PURPOSE: General Support | $30,000 |
Organization Name not Listed PURPOSE: CIVIL EATS PROJECT | | $15,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Massachusetts Audubon Society Inc Lincoln, MA | $290,978,469 | $38,308,793 |
Council On The Environment Inc New York, NY | $14,455,283 | $19,747,202 |
Sustainable Markets Foundation New York, NY | $10,386,662 | $17,782,671 |
New Jersey Audubon Society Bernardsville, NJ | $30,797,506 | $8,127,673 |
Ruffed Grouse Society Coraopolis, PA | $8,414,639 | $5,166,056 |
Nantucket Conservation Foundation Inc Nantucket, MA | $135,160,816 | $5,346,573 |
Wildlife Management Institute Inc Gardners, PA | $2,740,666 | $5,038,715 |
The Connecticut Audubon Society Incorporated Fairfield, CT | $53,435,095 | $4,052,552 |
Cec Stuyvesant Cove Inc New York, NY | $3,596,358 | $4,620,786 |
Bluesphere Foundation Inc New York, NY | $3,110,364 | $6,128,976 |
Mothers Out Front Inc Cambridge, MA | $4,695,937 | $3,257,071 |
Guanacaste Dry Forest Conservation Fund Huntington, VT | $17,936,537 | $2,161,062 |