Overview
What is United States Endowment For Forestry And Communities Inc?
The United States Endowment for Forestry and Communities Inc is a nonprofit organization based in Greenville, South Carolina, with 14 employees. Their mission is to foster positive change for the nation's working forests and forest-dependent communities. They achieve this goal through a "theory of change" focusing on three key areas: retaining and restoring healthy forests, promoting value streams using market-based tools, and enhancing community capacity, collaboration, and leadership. The organization supports several initiatives, including ecosystem markets, forest retention and health, traditional markets, future markets, and asset creation. Their initiatives encompass partnerships with government agencies, research institutions, and various stakeholders to improve forest health, develop new markets, and support economic opportunities for underserved communities.
Official website here: www.usendowment.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 100% (Four-Star out of Four Stars)
The United States Endowment For Forestry And Communities Inc has achieved an impressive Four-Star rating from Charity Navigator, reflecting a perfect score in Accountability & Finance. This high rating indicates that the organization is exceptionally transparent and responsible in managing its financial resources, which is vital for donor trust and engagement.
One of the organization's notable strengths is its board composition, with 91% of members being independent. This governance structure enhances accountability and demonstrates a commitment to ethical practices. Additionally, the charity has robust policies in place, such as conflict of interest and whistleblower protections, which further solidify its credibility.
The organization excels in financial metrics, displaying a low liabilities to assets ratio of 2.59% and a program expense ratio of 94.59%, indicating that the majority of its funds are directed towards its programs rather than administrative costs. There are no significant limitations noted, making this nonprofit a strong candidate for supporters looking to invest in a well-managed and impactful organization.
This AI summary has been generated from information found on Charity Navigator.
Is United States Endowment For Forestry And Communities Inc legitimate?
United States Endowment For Forestry And Communities Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. United States Endowment For Forestry And Communities Inc 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: $1,551,232
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,057,845
For more financial information, click here
Official website here: www.usendowment.org
What is the mission statement of United States Endowment For Forestry And Communities Inc?
The United States Endowment for Forestry and Communities Inc is dedicated to advancing positive change for the nation's working forests and forest-reliant communities. They collaborate with partners in the public and private sectors to promote systemic, transformative, and sustainable change for the health and vitality of forests and the communities that depend on them. The organization's mission encompasses three key areas: retaining and restoring healthy working forests, promoting multiple value streams using market-based tools, and enhancing community capacity, collaboration, and leadership. The Endowment's initiatives include ecosystem markets, forest retention and health, traditional markets, future markets, and asset creation. These initiatives support various programs and projects aimed at retaining and restoring healthy forests, advancing public understanding of forest benefits, commercializing new technologies, and creating economic opportunities for forest landowners.
Official website here: www.usendowment.org
Who is the CEO of United States Endowment For Forestry And Communities Inc?
Peter C Madden is the Board Member of United States Endowment For Forestry And Communities Inc. The CEO's salary of United States Endowment For Forestry And Communities Inc is $415,965 and their total compensation is $483,460.
Official website here: www.usendowment.org
What is the revenue of United States Endowment For Forestry And Communities Inc?
United States Endowment For Forestry And Communities Inc's revenue in 2022 was $14,930,721.
Official website here: www.usendowment.org
Who are the executives of United States Endowment For Forestry And Communities Inc and what are their salaries?
The average compensation at United States Endowment For Forestry And Communities Inc during 2022 was $257,791. There are 14 employees and 14 volunteers at United States Endowment For Forestry And Communities Inc.
Here are 23 key members and their salaries (United States Endowment For Forestry And Communities Inc's CEO's salary is $415,965 and their total compensation is $483,460):
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- Compensation: $415,965
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- Compensation: $111,499
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- Other: $12,265
Official website here: www.usendowment.org
Where can I find the form 990 for United States Endowment For Forestry And Communities Inc?
United States Endowment For Forestry And Communities Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.usendowment.org
Learn more at the official website: www.usendowment.org
Mission Statement of United States Endowment For Forestry And Communities Inc
The United States Endowment For Forestry And Communities Inc is a dynamic organization committed to fostering positive change for the nation's working forests and forest-reliant communities. With a collaborative approach, the Endowment works in partnership with public and private sector entities to bring about systemic, transformative, and sustainable improvements for the health and vitality of the nation's working forests and the communities that depend on them.
The Endowment's mission is multifaceted, with a focus on three key areas: retaining and restoring healthy working forests, promoting and capturing multiple value streams using market-based tools, and enhancing community capacity, collaboration, and leadership. The organization's initiatives encompass a range of efforts, from monetizing non-traditional forest products to supporting innovative financing approaches for forest management and retention.
The Endowment's work in the realm of ecosystem markets involves connecting downstream water consumers with upstream forest owners, with the ultimate goal of advancing overall watershed health and quality by ensuring working forest retention. This initiative is jointly funded in partnership with the USDA Natural Resources Conservation Service (NRCS) and the Environmental Protection Agency (EPA). The organization also collaborates with the American Water Works Association, representing water utilities and the water community, to further its mission.
In the area of forest retention and health, the Endowment serves as a cross-border convener for more strategic collaboration between Canada and the U.S. They have hosted five Canada/US Forest Health and Innovation Summits roughly on a biennial basis. Other work includes serving as a partner in the Department of Defense's Base Buffering Program and implementing innovative financing approaches for forest management and retention. Each initiative is designed to aid in the retention and restoration of healthy working forests.
The Endowment's commitment to positive change for the nation's forests and forest-reliant communities continues to grow, with initiatives focused on traditional markets, future markets, and asset creation. Together, these initiatives form a comprehensive approach to ensuring the long-term health and sustainability of the nation's forests and the communities that depend on them.
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Impact
October, 2024
The United States Endowment For Forestry And Communities Inc significantly advances the health and sustainability of the nation's working forests and forest-reliant communities through a multi-faceted approach. Focused on three primary areas—retaining and restoring healthy working forests, promoting market-based value streams, and enhancing community capacity—the organization facilitates transformative change.
Through initiatives such as Ecosystem Markets, it connects downstream water consumers with upstream forest owners, promoting watershed health while ensuring forest retention. Collaborative efforts with entities like the USDA Natural Resources Conservation Service and the Environmental Protection Agency enhance these outcomes.
Additionally, the organization champions forest retention and health by facilitating strategic collaboration between U.S. and Canadian forestry stakeholders, thus promoting shared innovations. The Future Markets initiative is pioneering the commercialization of new materials, including mass timber applications that aim to modernize building codes and create economic opportunities in rural communities while addressing environmental challenges.
By improving market conditions for traditional and emerging forest products, and specifically focusing on marginalized landowners, the organization fosters economic opportunity and enhances forest health. Its work is essential in building community resilience, driving sustainable practices, and ultimately contributing to climate solutions, benefiting both local economies and the broader environment.
This information is meant to be a general summary of United States Endowment For Forestry And Communities Inc. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $3,523,750
- Gross Receipts: $14,930,721
Assets and Liabilities:
- Total Assets: $283,124,174
- Total Liabilities: $11,192,824
- Net Assets: $271,931,350
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Organization Details
Founding Year
2006
Phone
(864) 233-7646Principal Officer
Peter C Madden
Main Address
10 S ACADEMY ST STE 101, GREENVILLE, SC, 29601
Website
www.usendowment.orgNTEE Category
Code: C34 - Environment
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