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Fearless Fund

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

EIN: 522111652 ✦ Washington, DC ✦ Designated as a 501(c)(3)

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Overview

What is Fearless Fund?

The Fearless Fund is a nonprofit organization situated in Washington, D.C. Its primary mission revolves around promoting environmental activism and improving the overall well-being of local communities, groups, and individuals. The organization's focus areas include food, fiber, film, and farm-related initiatives. Notably, they are exploring the cultivation of macroalgae in open oceans to produce renewable energy or sequester carbon dioxide. The Fearless Fund aims to foster education, physical health, mental wellness, social connections, cultural growth, and economic prosperity within the communities they serve.


Official website here: www.fearlessfund.org/

What are the reviews and ratings of this charity?

Charity Navigator Rating: 76% (Three-Star out of Four Star Rating)

The Fearless Fund has received a 76% rating from Charity Navigator, indicating a solid level of accountability and finance management. The organization benefits from a fully independent board and reports no material diversion of assets, reflecting strong governance practices. With an impressive program expense ratio of 88.62%, the fund demonstrates a commitment to effectively allocating resources toward its mission.

However, the organization does face some limitations, particularly regarding its policies. Notably, it lacks a conflict of interest policy, whistleblower policy, and a document retention and destruction policy, which could affect its transparency and accountability. Additionally, the absence of its tax form on the nonprofit's website raises concerns about compliance and public accessibility of important financial information.

Overall, while Fearless Fund shows commendable strengths in governance and program spending, addressing its policy gaps could enhance its credibility and trust among donors and stakeholders.


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

Is Fearless Fund legitimate?

Fearless Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Fearless Fund 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: $54,920
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.fearlessfund.org/

What is the mission statement of Fearless Fund?

The Fearless Fund is dedicated to promoting environmental activism and improving the overall well-being of various communities, groups, and individuals. They focus on the areas of food, fiber, film, and farm, with a goal to enhance education, physical health, mental health, social conditions, cultural aspects, and economic status. The organization strives to advance these aspects for the betterment of local communities, groups, and individuals. Additionally, they are involved in farming macroalgae in open oceans for renewable energy and carbon dioxide removal or sequestration.


Official website here: www.fearlessfund.org/

Who is the CEO of Fearless Fund?

Alyson Myers is the Director of Fearless Fund.


Official website here: www.fearlessfund.org/

What is the revenue of Fearless Fund?

Fearless Fund's revenue in 2022 was $332,208.


Official website here: www.fearlessfund.org/

Who are the executives of Fearless Fund and what are their salaries?


Here are 7 key members and their salaries:


Randall Brummett (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Legena Henry (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Elizabeth J Mcconnell (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Boyce Thorne-Miller (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steffen Hansen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jennifer Bender (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alyson Myers (President)
  • Compensation: $54,920
  • Related: $0
  • Other: $0


Official website here: www.fearlessfund.org/

Where can I find the form 990 for Fearless Fund?

Fearless Fund's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.fearlessfund.org/

Learn more at the official website: www.fearlessfund.org/

Mission Statement of Fearless Fund

Fearless Fund, a non-profit organization, is dedicated to promoting environmental activism and enhancing the overall well-being of local communities, groups, and individuals. With a focus on food, fiber, film, and farm, Fearless Fund aims to advance education, physical health, mental wellbeing, social connections, cultural growth, and economic prosperity. Specifically, the organization is engaged in farming macroalgae in open oceans for renewable energy and carbon dioxide removal or sequestration. By doing so, Fearless Fund is not only contributing to environmental sustainability but also addressing climate change concerns, making a significant impact on our planet.

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Impact




June, 2024

Fearless Fund's impact is focused on encouraging environmental activism and advancing the well-being of local communities, groups, and individuals. By farming macroalgae in open ocean for renewable energy and carbon dioxide removal/sequestration, Fearless Fund is contributing to the sustainability of our environment and addressing key issues related to climate change. This initiative not only supports the development of renewable energy sources but also promotes the health and economic well-being of communities by creating innovative solutions to environmental challenges.




This information is meant to be a general summary of Fearless Fund. 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
$332,208 (2022)
Expenses
$322,246 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $332,208

Assets and Liabilities:

  • Total Assets: $141,560
  • Total Liabilities: $0
  • Net Assets: $141,560

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Organization Details

Founding Year

1999

Principal Officer

Alyson Myers

Main Address

3029 WOODLAND DR NW, WASHINGTON, DC, 20008

NTEE Category

Code: C30 - Environment

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