Conserve To Preserve Foundation
- Assets
- $307.1k
- Revenue
- $718.1k
- Investments
- $0.0
- Employees
- 0
- Location
- Wall, NJ
- Founding
- 01/2011
- Data as of
- 09/2021
- EIN
- 26-3424915
Organization Overview
Conserve To Preserve Foundation is located in Wall, NJ. The organization was established in 2011. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Conserve To Preserve Foundation 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 09/2021, Conserve To Preserve Foundation generated $718.1k in total revenue. The organization has seen a slow decline revenue. Over the past 3 years, revenues have fallen by an average of (1.8%) each year. All expenses for the organization totaled $675.3k during the year ending 09/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION MAKES PAYMENTS TO ENTITIES TO PROMOTE ENERGY CONSERVATION AND PRACTICAL TECHNIQUES TO ACHIEVE IT.-PROVIDED FUNDING TO A STATEWIDE NPOS THAT SUPPORT NEARLY 1,500 GREEN TEAMS AT MUNICIPALITIES AND SCHOOLS ACROSS THE STATE.-CONDUCTED SEVERAL SCHOOL-BASED ENERGY CONSERVATION CONTESTS THAT AWARDED PRIZES TO STUDENTS, TEACHERS, AND SCHOOLS.-SUPPORTED NATIONAL NPOS THAT ARE CONDUCTING RESEARCH INTO NEW ENERGY-EFFICIENT TECHNOLOGIES AND EXPLORING NEW APPROACHES TO REACH UNDERSERVED MARKETS.-WORKED WITH A DOZEN NPOS, STATEWIDE ASSOCIATIONS, AND LOCAL MUNICIPALITIES TO HELP EDUCATE AND ENGAGE MORE CUSTOMERS.-WORKED WITH A NATIONAL ORGANIZATION TO DELIVER A BEHAVIOR-BASED ENERGY CONSERVATION/EDUCATION CURRICULUM TO MORE THAN 30 SCHOOLS IN MONMOUTH, OCEAN, AND MORRIS COUNTY.-PROVIDED PRIZES TO DRAW ATTENTION TO ENERGY CONSERVATION EFFORTS AT COMMUNITY AND BUSINESS OUTREACH EVENTS AND SUPPORTED OTHER TECHNICAL RESOURCES THAT HELP EDUCATE CUSTOMERS TO USE LESS ENERGY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Roberto Bel SVP & Cfo, Trustee | 0.1 | $0 | |
Stephen Westhoven Chairman, President & CEO | 0.1 | $0 | |
Richard Reich SVP & General Counsel, Trustee | 0.1 | $0 | |
Mark Kahrer Svp, Trustee | 0.1 | $0 | |
Nancy Washington SVP & General Counsel (end 5/2021) | 0.1 | $0 | |
Amanda Mullan SVP | 0.1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $718,000 |
| Interest on Savings | $101 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $718,101 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $636,651 |
| Total operating and administrative expenses | $654,711 |
| Contributions, gifts, grants paid | $20,625 |
| Total expenses and disbursements | $675,336 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $128,652 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $36,642 |
| Prepaid expenses and deferred charges | $141,810 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $307,104 |
| Accounts payable and accrued expenses | $21,624 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $21,624 |
Grants Awarded
Over the last fiscal year, Conserve To Preserve Foundation has awarded $20,625 in support to 25 organizations.
| Grant Recipient | Amount |
|---|---|
FULFILL PURPOSE: ENERGY CONSERVATION | $3,683 |
THE ACADEMY OF ALLIED HEALTH SCIENCE (AAHS) PURPOSE: ENERGY CONSERVATION | $2,500 |
Morris Plains, NJ PURPOSE: ENERGY CONSERVATION | $1,842 |
LAVALLETTE ELEMENTARY SCHOOL PURPOSE: ENERGY CONSERVATION PRIZE | $1,000 |
COVE ROAD SCHOOL PURPOSE: ENERGY CONSERVATION PRIZE | $1,000 |
MEMORIAL SCHOOL PURPOSE: ENERGY CONSERVATION PRIZE | $1,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
S & G Foundation albany, NY | $1,180,089,159 | $294,936,683 |
Starr Foundation New York, NY | $1,351,331,495 | $187,314,215 |
Robertson Foundation New York, NY | $308,129,047 | $104,540,927 |
William Randolph Hearst Foundation New York, NY | $0 | $92,096,829 |
Foundation For A Just Society New York, NY | $0 | $262,120,919 |
Surdna Foundation Inc New York, NY | $0 | $71,392,126 |
Johnson & Johnson Foundation United States Inc New Brunswick, NJ | $130,108,063 | $92,858,448 |
Carson Fam Charitable Tr New York, NY | $302,357,968 | $144,716,166 |
Blavatnik Family Foundation 2020 New York, NY | $0 | $14,146 |
Henry Luce Foundation Inc New York, NY | $1,226,277,880 | $84,818,070 |
Paul E Singer Foundation New York, NY | $412,018,579 | $19,273,091 |
Bernard And Anne Spitzer Charitable Tr New York, NY | $0 | $17,565,686 |