Regen Foundation
- Assets
- $4.7m
- Revenue
- $1.1m
- Investments
- $0.0
- Employees
- 1
- Location
- Claymont, DE
- Founding
- Data as of
- 12/2022
- EIN
- 82-5457703
Organization Overview
Regen Foundation is located in Claymont, DE. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Regen 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 12/2022, Regen Foundation generated $1.1m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (63.5%) each year. All expenses for the organization totaled $1.2m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
REGEN FOUNDATION DEVELOPS TOOLS AND COORDINATES RESOURCES IN SERVICE OF COMMUNITIES STEWARDING ECOLOGICAL, ECONOMIC, AND HUMAN WELL-BEING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ENDAOMENT PROGRAM SUPPORTS LAND STEWARDS AND OTHER COMMUNITIES PRACTICING DIVERSE FORMS OF REGENERATION TO OWN AND GOVERN THE REGEN NETWORK BY DISPERSING 30% OF ALL TOKEN HOLDING POWER TO THOSE WHO WOULD OTHERWISE NOT HAVE A VOICE NOR REPRESENTATION IN THE SPACE.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Will Szal President | OfficerTrustee | 16 | $0 |
Revathi Kollegala Executive Director | OfficerTrustee | 40 | $121,866 |
Amanda Joy Ravenhill Board Member | Trustee | 0 | $0 |
Dr Dorn Cox Board Member | Trustee | 0 | $0 |
Kei Kreutler Board Member | Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $7,143 |
| Noncash contributions included in lines 1a–1f | $7,143 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $7,143 |
| Total Program Service Revenue | $2,495,157 |
| Investment income | $502,444 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$1,925,554 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,079,190 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $429,074 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $121,866 |
| Compensation of current officers, directors, key employees. | $82,002 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $103,909 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $3,582 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $21,840 |
| Fees for services: Accounting | $36,674 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $27,424 |
| Advertising and promotion | $120,328 |
| Office expenses | $4,554 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $59,141 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $4,606 |
| All other expenses | $0 |
| Total functional expenses | $1,203,574 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $251,714 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,200 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $4,446,880 |
| Total assets | $4,699,794 |
| Accounts payable and accrued expenses | $32,821 |
| 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 | $32,821 |
| Net assets without donor restrictions | $4,666,973 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $4,699,794 |
Grants Awarded
Over the last fiscal year, Regen Foundation has awarded $249,231 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
KULSHAN CARBON TRUST PURPOSE: TO IMPLEMENT REGENERATIVE NATURAL CLIMATE SOLUTIONS LIMITING GREENHOUSE GAS (GHG) EMISSIONS, SEQUESTERING CARBON, AND PROVIDING A HOST OF CO-BENEFITS | $37,213 |
OPEN TECHNOLOGY ECOSYSTEM FOR AGRICULTURAL MANAGEMENT PURPOSE: IN SUPPORT OF BUILDING A FREE AND OPEN SOURCE DIGITAL EQUITY TOOLKIT THAT PROVIDES A FRAMEWORK FOR UNIVERSAL ACCESS TO AGRICULTURAL KNOWLEDGE. | $179,843 |
(TERRAN WATERSHED) EMPOWERMENT WORKS INC PURPOSE: DESIGN, PROTOTYPE, AND TEST METHODS FOR COMMUNITY PARTICIPATION IN GOVERNANCE OF REGEN LEDGER. | $32,175 |