Overview
What is Future 500?
Future 500 is a nonprofit organization based in San Francisco, California, dedicated to fostering trust between corporations, advocates, investors, and philanthropists to promote business as a positive force for change. With over 25 years of experience in stakeholder engagement, the organization specializes in depolarizing conflicts and building alliances between adversarial stakeholders. They employ market-based approaches to address social and environmental issues, particularly in the areas of energy and climate, food and water, materials and supply chains, and people and power. Future 500's ultimate goal is to realize sustainable economic growth by addressing social and environmental externalities with market-based solutions. They aim to unite the corporate, philanthropic, and NGO sectors, break through gridlock, encourage thoughtful dialogue, and achieve broad systemic change, often discovering uncommon solutions by thinking outside the box.
Official website here: www.future500.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81%, Three-Star out of Four Star rating
Future 500 has received a commendable Three-Star rating based on its 81% score, reflecting solid accountability and finance practices. The organization boasts a majority independent board, with all board members meeting independence criteria, and demonstrates no material diversion of assets. It has also established comprehensive policies including conflict of interest and whistleblower protections, contributing to its strong governance framework.
The charity demonstrates financial responsibility with an impressive program expense ratio of 84%, indicating that a significant portion of its funds is directed towards its programs and services. Additionally, it maintains a low liabilities to assets ratio, showcasing a healthy financial position. These strengths suggest that Future 500 is effectively utilizing its resources for its intended mission.
However, user feedback was limited, with no substantial reviews available from individuals engaging with the charity's services. The lack of detailed user experiences may indicate a need for improved outreach or engagement strategies to encourage more community feedback. Overall, Future 500 appears to be a well-managed nonprofit, though greater transparency in user testimonials could enhance its credibility.
This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.
Is Future 500 legitimate?
Future 500 is a legitimate nonprofit organization registered as a 501(c)(3) entity. Future 500 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: $450,623
For more financial information, click here
Official website here: www.future500.org
What is the mission statement of Future 500?
The organization Future 500 aims to foster collaboration between corporations, advocates, investors, and philanthropists to leverage business as a force for good. With over two decades of experience, they specialize in engaging stakeholders and resolving conflicts by facilitating alliances between adversaries. Their approach involves market-based solutions to address social and environmental issues in sectors such as energy and climate, food and water, materials and supply chains, and people and power. By engaging stakeholders authentically, Future 500 aligns the power of the private sector with the purpose of its most critical stakeholders. They envision a world that fosters sustainable economic growth by addressing social and environmental externalities with market-based solutions. They unite the corporate, philanthropic, and NGO sectors to break through gridlock, encourage thoughtful dialogue, and achieve broad systemic change. Their unique ideas often lead to unconventional solutions.
Official website here: www.future500.org
Who is the CEO of Future 500?
Erik Wohlgemuth is the President of Future 500. The CEO's salary of Future 500 is $240,469 and their total compensation is $240,469.
Official website here: www.future500.org
What is the revenue of Future 500?
Future 500's revenue in 2022 was $1,527,838.
Official website here: www.future500.org
Who are the executives of Future 500 and what are their salaries?
The average compensation at Future 500 during 2022 was $45,062. There are 10 employees at Future 500.
Here are 6 key members and their salaries (Future 500's CEO's salary is $240,469 and their total compensation is $240,469):
- Compensation: $211,000
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $240,469
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.future500.org
Where can I find the form 990 for Future 500?
Future 500's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.future500.org
Learn more at the official website: www.future500.org
Mission Statement of Future 500
Future 500, a renowned organization with over 25 years of experience, builds trust between corporations, advocates, investors, and philanthropists to advance business as a force for good. The organization specializes in stakeholder engagement, depolarizing conflicts by building alliances between adversarial stakeholders.
The primary mission of Future 500 is to utilize market-based approaches to solve social and environmental issues in areas such as energy and climate, food and water, materials and supply chains, and people and power. By aligning the power of the private sector with the purpose of its most critical stakeholders, Future 500 aims to realize sustainable economic growth by addressing social and environmental externalities with market-based solutions.
Future 500 unites the corporate, philanthropic, and NGO sectors to break through gridlock, encourage thoughtful dialogue, and achieve broad systemic change. They find that uncommon ideas often reveal uncommon solutions. The organization's vision is to envision a world that realizes sustainable economic growth by addressing social and environmental externalities with market-based solutions.
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Impact
June, 2024
Future 500's impact lies in its ability to build trust between corporations, advocates, investors, and philanthropists to advance business as a force for good. With over 25 years of experience in stakeholder engagement and conflict resolution, Future 500 utilizes market-based approaches to address social and environmental issues in areas such as energy & climate, food & water, materials & supply chains, and people & power. By aligning the power of the private sector with the needs of critical stakeholders, Future 500 envisions a world where sustainable economic growth is achieved through market-based solutions. The organization plays a pivotal role in uniting the corporate, philanthropic, and NGO sectors to drive systemic change, break gridlock, encourage dialogue, and uncover innovative solutions for pressing societal challenges.
This information is meant to be a general summary of Future 500. 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: $2,117
- Program Service Revenue: $1,466,822
- Gross Receipts: $1,527,838
Assets and Liabilities:
- Total Assets: $1,296,317
- Total Liabilities: $222,795
- Net Assets: $1,073,522
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM SERVICES
Revenue
$1,466,822
Organization Details
Founding Year
1995
Phone
(800) 655-2020Principal Officer
Erik Wohlgemuth
Main Address
950 MASON ST 1130, SAN FRANCISCO, CA, 94108
Website
www.future500.orgNTEE Category
Code: C35 - Environment
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