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The Jeremy And Hannelore Grantham Environmental Trust

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 203959397 ✦ Boston, MA ✦ Designated as a 501(c)(3)

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Overview

What is The Jeremy And Hannelore Grantham Environmental Trust?

The Jeremy and Hannelore Grantham Environmental Trust is a charitable organization based in Boston, Massachusetts. Their primary role is to grant funds and make program-related investments to support the initiatives of the trust's selected organizations. The trust's mission is to provide financial assistance to these organizations for their ongoing projects and programs. The trustees of the organization manage the distribution of these grants and investments to effectively benefit the environmental causes they are dedicated to.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 88%, Three-Star out of Four Star rating

The Jeremy and Hannelore Grantham Environmental Trust holds a solid Three-Star rating from Charity Navigator, primarily reflecting its strong performance in accountability and finance. With a score of 88%, the organization demonstrates a commitment to ethical practices, showcased by its fully independent board of directors and the absence of any material diversion of assets. The trust has effective policies in place, including conflict of interest and whistleblower protections, which contribute to its transparent governance.

The organization excels in financial management, evidenced by a program expense ratio of 83.24%, indicating that a significant portion of its funds is directed toward its environmental initiatives. Moreover, the trust boasts a low liabilities to assets ratio of 7.00% and an impressive working capital ratio of 15.57 years, suggesting a strong financial position that supports its ongoing projects.

However, the trust's fundraising efficiency ratio is notably low at $0.002, which may indicate challenges in raising funds relative to expenses. While this could be a concern for potential donors, the overall financial health and governance of the organization remain strong, making it a trustworthy option for supporting environmental causes.


This AI summary has been generated from information found on Charity Navigator.

Is The Jeremy And Hannelore Grantham Environmental Trust legitimate?

The Jeremy And Hannelore Grantham Environmental Trust is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Jeremy And Hannelore Grantham Environmental Trust submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of The Jeremy And Hannelore Grantham Environmental Trust?

The Jeremy and Hannelore Grantham Environmental Trust supports various organizations by providing grants and making program-related investments. The trustees' primary goal is to benefit these organizations through their financial contributions. The trust's mission is geared towards furthering the causes and initiatives of the organizations it supports. The trust's grant-making activities aim to create a positive impact on the environment and contribute to sustainable solutions. By offering financial assistance and strategic investments, the trust plays a crucial role in advancing the work of its grantees and supporting their efforts to make a difference. The trust's commitment to its grantees reflects its dedication to creating a better future for the environment.

Who is the CEO of The Jeremy And Hannelore Grantham Environmental Trust?

Ramsay Ravenel is the Trustee of The Jeremy And Hannelore Grantham Environmental Trust.

What is the revenue of The Jeremy And Hannelore Grantham Environmental Trust?

The Jeremy And Hannelore Grantham Environmental Trust's revenue in 2022 was $65,881,649.

Who are the executives of The Jeremy And Hannelore Grantham Environmental Trust and what are their salaries?


Here are 7 key members and their salaries:


Jeremy Grantham (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Hannelore Grantham (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carter Roberts (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brett Jenks (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jennifer Morris (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jules Kortenhorst (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ramsay Ravenel (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for The Jeremy And Hannelore Grantham Environmental Trust?

The Jeremy And Hannelore Grantham Environmental Trust's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of The Jeremy And Hannelore Grantham Environmental Trust

The Jeremy and Hannelore Grantham Environmental Trust is a philanthropic organization that plays a pivotal role in supporting various causes through grant provision and program-related investments. The Trust's primary objective is to contribute to the betterment of its beneficiary organizations.

In pursuit of this mission, the Trustees of The Jeremy and Hannelore Grantham Environmental Trust make strategic grants and program-related investments to further the goals of the organizations under their care. These grants and investments serve to bolster the resources and capabilities of these entities, enabling them to carry out their respective missions more effectively.

By providing grants and program-related investments, The Jeremy and Hannelore Grantham Environmental Trust acts as a catalyst for positive change, enabling its supported organizations to make a greater impact on the world. Through its charitable initiatives, the Trust aims to create a ripple effect, inspiring a wave of progress and development.

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Impact




October, 2024

The Jeremy and Hannelore Grantham Environmental Trust significantly impacts environmental initiatives through targeted grants and program-related investments. Based in Boston, MA, the trust focuses on supporting organizations dedicated to environmental causes, providing them with crucial funding to advance their missions. By allocating resources effectively, the trust enhances the capacity of these organizations to tackle pressing environmental challenges, fostering innovation and promoting sustainability. Their dedicated philanthropy not only empowers individual organizations but also contributes to broader environmental goals, helping to address issues such as climate change and habitat preservation.




This information is meant to be a general summary of The Jeremy And Hannelore Grantham Environmental Trust. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$65,881,649 (2022)
Expenses
$35,174,059 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $38,425,766
  • Gross Receipts: $85,542,097

Assets and Liabilities:

  • Total Assets: $445,829,233
  • Total Liabilities: $31,231,510
  • Net Assets: $414,597,723

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Organization Details

Founding Year

2007

Principal Officer

Ramsay Ravenel

Main Address

53 STATE STREET SUITE 3300, BOSTON, MA, 02109

NTEE Category

Code: T20 - Philanthropy

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