Overview
What is The Carbon Fund?
The Carbon Fund is a nonprofit organization located in Stoneville, Mississippi. Their primary mission is to advocate for the protection, restoration, and enhancement of forests through carbon sequestration. They aim to bridge the interests of organizations focused on ecosystem restoration with those of donors concerned about carbon emissions, thereby promoting efficient carbon management. The organization also strives to educate the public on the role of carbon in global climate change. Furthermore, The Carbon Fund establishes partnerships with conservation groups, landowners, and agencies to restore native wildlife, fish, and plant habitats.
Official website here: www.thecarbonfund.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Two-Star out of Four Stars (Needs Improvement, Overall Score: 69%)
The Carbon Fund has received a two-star rating from Charity Navigator, indicating that the organization needs improvement in its operations and accountability. While it has a solid score for independent board members and boasts no material diversion of assets, several key policies are missing, including a conflict of interest policy and a whistleblower policy, which can undermine organizational transparency and trust.
Financially, The Carbon Fund has a program expense ratio of 64.01%, reflecting a decent portion of its budget allocated to its mission-related activities. However, the absence of important governance documents and transparency measures, such as posting its tax form on its website, raises concerns about its accountability practices. The organization does have a favorable liabilities to assets ratio of 37.64%, suggesting it manages its debt responsibly.
Overall, while The Carbon Fund demonstrates strengths in governance structure and financial management, it faces significant limitations due to missing policies and transparency issues. Addressing these shortcomings could enhance its credibility and effectiveness in fulfilling its mission.
This AI summary has been generated from information found on Charity Navigator.
Is The Carbon Fund legitimate?
The Carbon Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Carbon 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.
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Official website here: www.thecarbonfund.org
What is the mission statement of The Carbon Fund?
The Carbon Fund's mission is centered around educating the public on the effective and efficient management of carbon, a greenhouse gas linked to global climate change. By doing so, they aim to foster partnerships with conservation groups, landowners, and agencies, facilitating ecosystem restoration and carbon sequestration. Their activities involve promoting the protection, restoration, and enhancement of forests, contributing to the mitigation of climate change.
Official website here: www.thecarbonfund.org
Who is the CEO of The Carbon Fund?
James L Cummins is the Exec. Direct of The Carbon Fund.
Official website here: www.thecarbonfund.org
What is the revenue of The Carbon Fund?
The Carbon Fund's revenue in 2022 was -$1,478.
Official website here: www.thecarbonfund.org
Who are the executives of The Carbon Fund and what are their salaries?
Here are 17 key members and their salaries:
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Official website here: www.thecarbonfund.org
Where can I find the form 990 for The Carbon Fund?
The Carbon Fund's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.thecarbonfund.org
Learn more at the official website: www.thecarbonfund.org
Mission Statement of The Carbon Fund
The Carbon Fund, as an organization, is dedicated to enlightening the public about the effective and efficient management of carbon, a greenhouse gas that has been linked to global climate change. Their mission is centered around bridging the interests of agencies and organizations interested in ecosystem restoration with those of emissions-conscious donors interested in carbon sequestration. By establishing partnerships with conservation groups, organizations, landowners, and agencies that hold title to land, The Carbon Fund aims to restore native fish, wildlife, and plant habitats, contributing to the protection and enhancement of forests through carbon sequestration.
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Impact
October, 2024
The Carbon Fund significantly contributes to ecosystem restoration and carbon sequestration efforts by connecting agencies and organizations focused on environmental sustainability with emissions-conscious donors. By promoting the effective management of carbon—a key element linked to global climate change—the organization plays a vital role in educating the public about its importance.
Through strategic partnerships with conservation groups, landowners, and agencies, The Carbon Fund works collaboratively to restore native fish, wildlife, and plant habitats. This holistic approach not only enhances biodiversity but also strengthens forest ecosystems, which are crucial for carbon capture. By driving initiatives that protect, restore, and enhance forested areas, The Carbon Fund actively combats climate change and fosters a healthier environment.
This information is meant to be a general summary of The Carbon 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Program Service Revenue: $3,575
Assets and Liabilities:
- Total Assets: $863,416
- Total Liabilities: $325,000
- Net Assets: $538,416
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
LEASE INCOME
Revenue
$3,575
Organization Details
Founding Year
2002
Phone
(662) 686-3375Principal Officer
James L Cummins
Main Address
PO BOX 100, STONEVILLE, MS, 38776
Website
www.thecarbonfund.orgNTEE Category
Code: U20 - Science research
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