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The American Chestnut Foundation

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

EIN: 411483019 ✦ Asheville, NC ✦ Designated as a 501(c)(3)

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Overview

What is The American Chestnut Foundation?

The American Chestnut Foundation is a nonprofit organization based in Asheville, North Carolina, specifically located at 50 N Merrimon Ave STE 115, 28804. Their mission is to restore the iconic American chestnut tree, which they are achieving through a three-pronged approach: breeding, biocontrol, and biotechnology. Each of these strategies is crucial for the species' recovery, and the Foundation champions scientific collaboration and ecological restoration of the American chestnut at scale. With a workforce of 22 dedicated individuals, the American Chestnut Foundation is dedicated to the future of this vital tree species.


Official website here: www.acf.org

What are the reviews and ratings of this charity?

Rating from Charity Navigator: 100% (Four-Star out of Four Star rating)

The American Chestnut Foundation (TACF) has achieved a perfect score of 100%, reflecting its strong accountability and financial health. This rating is derived solely from its Accountability & Finance score, indicating that the organization operates with transparency and integrity. The foundation has an entirely independent board, robust audit processes, and a commitment to ethical practices, signifying a well-managed nonprofit.

User feedback highlights a positive, passionate community surrounding TACF, with volunteers sharing heartfelt stories that emphasize the cultural importance of the American chestnut tree. This strong engagement from volunteers not only showcases an inspiring mission but also reflects the foundation's effectiveness in fostering a dedicated network, which is essential for its long-term goals of restoration.

While the feedback is overwhelmingly positive, it is essential to maintain awareness of the challenges inherent in restoring a species and navigating the complexities of ecological conservation. Overall, the organization stands out for its financial prudence and committed efforts to revive a significant part of American history and nature.


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

Is The American Chestnut Foundation legitimate?

The American Chestnut Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. The American Chestnut Foundation 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: $257,880
Professional Fundraising Fees: $0
Other Salaries and Wages: $907,283

For more financial information, click here


Official website here: www.acf.org

What is the mission statement of The American Chestnut Foundation?

The American Chestnut Foundation is dedicated to the restoration of the iconic American Chestnut tree. Their mission is to bring back the species to its native range. They achieve this goal through continued research, integrating three major research tracks: breeding, bio-control, and biotechnology. Each of these approaches holds the key to the future of the species' recovery, and the foundation is committed to scientific collaboration and ecological restoration of the American Chestnut at scale.


Official website here: www.acf.org

Who is the CEO of The American Chestnut Foundation?

Lisa Thomson is the Chair of The American Chestnut Foundation.


Official website here: www.acf.org

What is the revenue of The American Chestnut Foundation?

The American Chestnut Foundation's revenue in 2022 was $2,958,588.


Official website here: www.acf.org

Who are the executives of The American Chestnut Foundation and what are their salaries?

The average compensation at The American Chestnut Foundation during 2022 was $52,962. There are 22 employees and 2500 volunteers at The American Chestnut Foundation.


Here are 24 key members and their salaries:


William J Cude Iii (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Brian C Mccarthy (Immediate Pa)
  • Compensation: $0
  • Related: $0
  • Other: $0
Barbara Tormoehlen (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Kim Steiner (Sr Science A)
  • Compensation: $0
  • Related: $0
  • Other: $0
Donald C Willeke (Legal Counse)
  • Compensation: $0
  • Related: $0
  • Other: $0
Betty Allison (Promotion Ch)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Deborah Delmer (Science & Te)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lewis Lobdell (Governance C)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rebecca Carter (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Mandy Cromwell (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael D Doochin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bruce Levine (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Dennis Liu (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Catherine Novelli (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Jeanne Romero-Severson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr John Scrivani (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Searing (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bradford G Stanback (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Hill Craddock (Ex-Officio)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Carolyn Howes Keiffer (Ex-Officio 1)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bruce Wakeland (Ex-Officio 1)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Barilovits Iii (Director Thr)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lisa Thomson (President &)
  • Compensation: $159,506
  • Related: $0
  • Other: $15,908
Paul Wingenfeld (Cfo)
  • Compensation: $75,169
  • Related: $0
  • Other: $7,297


Official website here: www.acf.org

Where can I find the form 990 for The American Chestnut Foundation?

The American Chestnut Foundation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.acf.org

Learn more at the official website: www.acf.org

Mission Statement of The American Chestnut Foundation

The American Chestnut Foundation, a dedicated organization, is committed to the restoration of the iconic American Chestnut tree in its native range. Their mission is to bring back this distinctive species, which has been greatly diminished due to blight and disease. This is achieved through three major research tracks: breeding, biocontrol, and biotechnology. Each of these approaches holds the key to the future recovery of the American Chestnut. The Foundation fosters scientific collaboration and strives for the ecological restoration of the American Chestnut at scale. They are dedicated to the preservation and revitalization of this important tree species, ensuring its survival and continued contribution to the ecosystem.

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Impact




June, 2024

The American Chestnut Foundation's impact lies in its dedicated efforts to restore the American chestnut tree to its native range. Through continued research integrating breeding, bio-control, and biotechnology, the foundation is paving the way for the recovery of this iconic species. By fostering scientific collaboration and implementing large-scale ecological restoration projects, the foundation is playing a crucial role in the preservation of the environment and the future of the American chestnut tree.




This information is meant to be a general summary of The American Chestnut Foundation. 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
$2,958,588 (2022)
Expenses
$2,869,965 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $66,836
  • Gross Receipts: $2,970,179

Assets and Liabilities:

  • Total Assets: $8,303,421
  • Total Liabilities: $526,204
  • Net Assets: $7,777,217

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Organization Details

Founding Year

1983

Principal Officer

Lisa Thomson

Main Address

50 N MERRIMON AVE STE 115, ASHEVILLE, NC, 28804

NTEE Category

Code: C400 - Environment

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