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Resources Legacy Fund

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

EIN: 954703838 ✦ Sacramento, CA ✦ Designated as a 501(c)(3)

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Overview

What is Resources Legacy Fund?

The Resources Legacy Fund is a Sacramento-based nonprofit organization that focuses on conserving land, water, and ocean resources while promoting healthy communities and social equity. In 2022, they continued their efforts by supporting the removal of obsolete dams, modernizing water infrastructure, and restoring rivers in the western United States. Additionally, they provided funding, capacity building, and technical assistance to partners, creating opportunities and removing barriers for historically marginalized communities. Their work resulted in policy platform development for outdoor workers' safety, the creation of a new California state park, and unprecedented funding for climate priorities in the California budget. They also implemented programs and grants to improve ocean, coastal, and fishery sustainability in California, Hawaii, and worldwide. By partnering with organizations and advocating for policies and public funding, they aimed to protect California communities from sea level rise and expand coastal recreation opportunities for the state's vulnerable and underserved communities. Their Sustainable Fisheries Fund launched a new grantmaking effort to support fishery improvement projects worldwide. The nonprofit also serves as a fiscal sponsor for various projects, providing administrative services and support. With a strong commitment to building alliances for bold solutions, the Resources Legacy Fund strives to secure a just and resilient world for people and nature.


Official website here: www.resourceslegacyfund.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 96% (Four-Star out of Four Star rating from Charity Navigator)

Resources Legacy Fund has achieved a remarkable 96% score, indicating strong performance in accountability and financial integrity. With a 90% focus on Accountability & Finance and a commendable score of 97 in this area, the organization demonstrates effective governance, as evidenced by its independent board composition and various policies promoting transparency and ethical practices.

The nonprofit excels in its financial management, boasting a program expense ratio of 94.04%, which signifies a high proportion of funds directed toward its mission. Additionally, the organization showcases efficient fundraising practices with a minimal fundraising efficiency ratio of $0.01, reflecting a commitment to maximizing donor contributions for programmatic impact.

While the organization is strong in accountability, it also scores well in culture and community with an 85% rating. Resources Legacy Fund is actively implementing equity strategies, indicating a proactive approach to inclusivity and social justice within its operations. Overall, the organization presents a solid profile for potential donors, with a clear commitment to transparency and effective use of resources.


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

Is Resources Legacy Fund legitimate?

Resources Legacy Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Resources Legacy 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: $2,101,866
Professional Fundraising Fees: $25,000
Other Salaries and Wages: $12,577,055

For more financial information, click here


Official website here: www.resourceslegacyfund.org

What is the mission statement of Resources Legacy Fund?

The Resources Legacy Fund builds alliances to advance bold solutions for a just and resilient world, focusing on conserving land, water, and ocean resources while promoting healthy communities and social equity. In 2022, the organization furthered its efforts by removing obsolete dams, modernizing water infrastructure, and restoring rivers. This includes the deconstruction of 13 dams and the planning for the removal of many more in the western United States. Additionally, the fund supported historically marginalized communities by creating meaningful opportunities and removing barriers through policy and public funding outcomes. Examples include securing a pilot insurance program for outdoor workers in Sonoma County and the development of California's Dos Rios State Park. The year also brought significant climate funding and policy advancements, as well as progress on nature-based solutions, ocean protection, and sustainable fisheries management.


Official website here: www.resourceslegacyfund.org

Who is the CEO of Resources Legacy Fund?

Avi Garbow is the Board Chair of Resources Legacy Fund.


Official website here: www.resourceslegacyfund.org

What is the revenue of Resources Legacy Fund?

Resources Legacy Fund's revenue in 2022 was $88,915,279.


Official website here: www.resourceslegacyfund.org

Who are the executives of Resources Legacy Fund and what are their salaries?

The average compensation at Resources Legacy Fund during 2022 was $86,347. There are 170 employees and 14 volunteers at Resources Legacy Fund.


Here are 25 key members and their salaries:


Barton Thompson Jr (Board Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeanne Sedgwick (Board Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lise Aangeenbrug (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ned Barnholt (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Gaines (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chet P Hewitt (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Patsy Ishiyama (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Katharine L Jacobs (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Charlene Kabcenell (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Martha Kongsgaard (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Randall Martinez (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Craig Mcnamara (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Wan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kevin Washburn (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Avi Garbow See Sched O (Director And President)
  • Compensation: $458,920
  • Related: $0
  • Other: $28,672
Michael Mantell (President Thru 1/10/22, Then Sr. Advisor)
  • Compensation: $387,973
  • Related: $0
  • Other: $37,584
Rosina Bugarin See Sched O (Treas. & Chief Financial Officer)
  • Compensation: $251,340
  • Related: $0
  • Other: $46,614
Matthew Armsby (Secretary & Vice President)
  • Compensation: $283,061
  • Related: $0
  • Other: $35,572
Helena Choi See Sched O (Vice President)
  • Compensation: $249,566
  • Related: $0
  • Other: $48,177
Julie Martin (Vice President)
  • Compensation: $265,521
  • Related: $0
  • Other: $27,374
Lori Lodes (Dir., Climate Power Education Fund)
  • Compensation: $269,202
  • Related: $0
  • Other: $18,740
Julia Turrini (Dir., Lands, Rivers, Communities)
  • Compensation: $236,475
  • Related: $0
  • Other: $36,552
Jessica Anne Maher (Director, Western Energy Project)
  • Compensation: $237,308
  • Related: $0
  • Other: $33,772
Kaitilin Gaffney (Director, Ocean, Coast & Fisheries)
  • Compensation: $222,016
  • Related: $0
  • Other: $36,809
Lisbeth Jakobsen (Director, Fiscal Sponsorships)
  • Compensation: $221,681
  • Related: $0
  • Other: $26,513


Official website here: www.resourceslegacyfund.org

Where can I find the form 990 for Resources Legacy Fund?

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


Official website here: www.resourceslegacyfund.org

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

Mission Statement of Resources Legacy Fund

Resources Legacy Fund, a prominent nonprofit organization, works tirelessly to build alliances that advance bold solutions for a just and resilient world for people and nature. The organization's mission is to conserve land, water, and ocean resources while simultaneously promoting healthy communities and social equity.

In 2022, Resources Legacy Fund continued its efforts to remove obsolete dams, modernize water infrastructure, and restore rivers in the Western United States. Through its Open Rivers Fund, the organization supported the deconstruction of 13 dams in Oregon, Wyoming, Montana, and Colorado, with plans to advance the removal of many more dams across the region in future years. These projects reduce flood risk, eliminate liabilities, restore native American cultural and fisheries practices, modernize irrigation infrastructure, improve boat passage, and restore habitat for fisheries that provide food, sustain native culture, and attract anglers.

Moreover, Resources Legacy Fund has been instrumental in creating meaningful opportunities and removing barriers for historically marginalized communities. In 2022, the organization supported partners with funding, capacity building, and technical assistance to achieve policy and public funding outcomes. Notable achievements include the development of a policy platform for outdoor workers' safety from wildfire and smoke, the creation of Dos Rios State Park, and the inclusion of unprecedented funding for climate priorities in California's 2022-23 budget. These efforts contribute to the protection of California communities from sea level rise, the conservation of coastal habitats and wildlife, the preservation of access to public beaches, and the expansion of coastal recreation and education opportunities for the state's vulnerable and underserved communities.

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Impact




October, 2024

Resources Legacy Fund (RLF) plays a crucial role in advancing conservation efforts and promoting social equity in the natural resource sector. In 2022, RLF made significant strides in various initiatives aimed at protecting land, water, and ocean resources while enhancing community resilience.

One of the key achievements was the ongoing success of the Open Rivers Fund (ORF), which has been instrumental in supporting local community efforts to remove obsolete dams and restore river ecosystems across the Western United States. By completing the deconstruction of 13 dams in states like Oregon and Colorado, RLF not only mitigated flood risks but also revived vital habitats for fisheries, honored Indigenous cultural practices, and modernized irrigation infrastructure, ultimately benefiting local farmers and ranchers.

Additionally, RLF has focused on equity and environmental justice, providing crucial funding and technical assistance to empower historically marginalized communities. Notable outcomes include the establishment of a pilot insurance program for outdoor workers affected by wildfires in Sonoma County and the announcement of Dos Rios State Park, aimed at increasing public access to green spaces in the heavily populated San Joaquin Valley.

In the ocean and coastal sectors, RLF has implemented grants and programs aimed at sustainable marine management and climate resilience. Collaborations with Indigenous communities sought to improve stewardship and restore watershed ecosystems. Noteworthy initiatives include support for the Holomua Marine Initiative in Hawai'i, which engages local communities in managing marine resources effectively.

RLF has also made significant contributions to environmental legislation, helping to secure substantial funding for California's climate priorities and ensuring the effective implementation of California's ambitious "Pathways to 30X30" plan, which aims to protect 30% of the state's land and coastal waters by 2030.

Through its diverse portfolio of projects, RLF actively promotes Indigenous-led conservation efforts and facilitates fiscal sponsorship for initiatives that aim to create enduring impacts in natural resource conservation, climate adaptation, and public health.




This information is meant to be a general summary of Resources Legacy 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
$88,915,279 (2022)
Expenses
$90,017,805 (2022)
Efficiency

Other financial information:

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

  • Investment Income: -$353,291
  • Program Service Revenue: $1,900,315
  • Gross Receipts: $145,225,122

Assets and Liabilities:

  • Total Assets: $121,669,997
  • Total Liabilities: $8,067,947
  • Net Assets: $113,602,050

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

CONTRACT REVENUE

Revenue

$1,900,315

Organization Details

Founding Year

1998

Principal Officer

Avi Garbow

Main Address

400 CAPITOL MALL 2150, SACRAMENTO, CA, 95814

NTEE Category

Code: C30 - Environment

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