2024-11-14T12:23:51+00:00 2023-12-31 440160260 Forvis Mazars LLP 500 Ridgefield Court Asheville NC 28806 990 2023-01-01 205583324 United States Endowment for Forestry UNIT 8642337646 10 S Academy St STE 101 Greenville SC 29601 Peter C Madden President/CEO 8642337646 2024-11-14 true Amy Bibby P00445891 8282542254 2024-11-14 2023 2024-10-15 13:58:12Z Peter C Madden 10 S Academy St STE 101 Greenville SC 29601 19543568 false X WWW.USENDOWMENT.ORG X 2006 DE TO ADVANCE POSITIVE CHANGE FOR THE NATION'S WORKING FORESTS AND FOREST-RELIANT COMMUNITIES 15 14 14 15 0 0 10859388 16252712 0 0 3523750 2641815 547583 649041 14930721 19543568 14620815 18783718 0 0 4436610 4823581 0 0 0 3428371 3534519 22485796 27141818 -7555075 -7598250 283124174 300985916 11192824 10639473 271931350 290346443 THE ENDOWMENT WORKS COLLABORATIVELY WITH PARTNERS IN THE PUBLIC AND PRIVATE SECTORS TO ADVANCE SYSTEMIC, TRANSFORMATIVE, AND SUSTAINABLE CHANGE FOR THE HEALTH AND VITALITY OF THE NATION'S WORKING FORESTS AND FOREST RELIANT COMMUNITIES. false false 25849620 18783718 The Endowment advances its mission using a "theory of change" that focuses on three areas: retaining and restoring healthy working forests; promoting and capturing multiple value streams using market-based tools; and enhancing community capacity, collaboration, and leadership. The Endowment deploys its work through five primary initiatives, each of which supports several programs or projects. I. Ecosystem Markets: Monetizing non-traditional forest products. The Endowment continues a focus on water as an ecosystem market. The Endowment is partially funding coordinators across the country who work with local partners to seek State Revolving Fund loans for forested watershed protection and management, which will help keep drinking water supplies clean and affordable. The Endowment is also exploring opportunities for biodiversity credits for landowners as another source of revenue that will contribute to conservation goals. II. Forest Retention and Health: Retaining/expanding and ensuring health of forests. This is a wide-ranging initiative that includes serving as cross-border convener for more strategic collaboration between Canada and the U.S. Other work includes corporate partnerships to protect bottomland hardwood forests, the Department of Defense's base buffering program and innovative financing approaches for forest management and retention. Each is designed to aid in retention and restoration of healthy working forests. A corporate partnership provides funding for conservation of high-value bottomland hardwood forests in North Carolina and Virginia; this program is a model for public-private partnerships. The Endowment works with local conservation partners to take advantage of USDA funds through the Natural Resources Conservation Service. Their Regional Conservation Partnership Program awards finance conservation easements that protect forests that are important for the environment and that sustain local jobs and economies. III. Traditional Markets: After successful work that led to the creation of two commodity check-offs - Softwood Lumber Board and Paper & Paper-based Packaging Board -- more recent work has included supporting initiatives to advance public understanding of the benefits of working forests and the role they play in climate solutions. We are also continuing to develop blockchain solutions through a program called ForesTrust, which seeks to track the supply chain of timber and forest products from forests to end-product, which helps alleviate issues involving illegal logging. IV. Future Markets: The Endowment is partnering with the USDA Forest Service and emerging producers to advance commercialization of cellulosic nanomaterials. This multi-year initiative engages partners to fill knowledge gaps facilitating new products and applications while placing a primary interest on ensuring human and environmental health and safety. Work continues to advance mass timber applications to support tall wooden buildings, including advancing the carbon story of forest products. The Endowment is investigating potential benefits and concerns associated with forest carbon. In response to an increase in public and private investment in carbon management and climate smart forestry on private forest lands, the Endowment is funding programs and workshops to better understand and quantify landowner capacity and willingness to adopt carbon management practices and the implications for other forest land uses (e.g., wood products). Through the US Biochar Initiative project, we work with partners to increase applications, market, and production of biochar with the ultimate goal of carbon being buried in the ground, allowing carbon credits to be realized. The Forest & Wood Carbon Data Platform launch in 2023 created a single U.S. Department of Agriculture (USDA)-sponsored platform with multiple user-friendly tools providing transparent, high-integrity forest and wood product carbon data throughout the value chain. The platform will include six measurement, monitoring, reporting, and verification (MMRV) tools that align with a U.S. Forest Service (USFS) objective to serve as the primary source of information on carbon and carbon flows across U.S. Forest lands, harvested wood products, and end-use life cycle assessment. V. Asset Creation: We continue to support the Sustainable Forestry and Land Retention (SFLR) network and their goal to use forests and forest-based assets to create economic opportunity for African American landowners. American Forest Foundation is now the SFLR fiscal agent. SFLR is a multi-year program in partnership with the USDA Forest Service and NRCS across eight southern states and has successfully seen 1,500 black families move their lands into the forest management pipeline. We are applying the applied learnings for our work with the SFLR network to explore Hispanic/Latino landowners and their ability to generate wealth for their families and communities. We continue to work with the Economic Development Administration in New England in partnership with the Northern Forest Center to assist in finding local economic solutions to help offset the impact of the closure of much of the region's pulp and paper production. 25849620 true true false false false false false false true true true false false false true true false false false false false false false false false false true false true false false false false false false false false false false false false true false false false false true 46 0 true 14 true true true false false false false false false false false false false false X 15 14 false false false false false false false true true false false true true true true true true true true false DE SC X X X Joie More 8642337646 10 S Academy St STE 101 Greenville SC 29601 Chris McIver Vice Chair 1.0 X X 0 0 0 Kevin Schuyler Treasurer 1.0 X X 0 0 0 Mark Emmerson Chairman 2.0 X X 0 0 0 Peter Madden CEO Secretary 40.0 X X 435910 0 70435 Adrian Blocker Director 1.0 X 0 0 0 Anna Torma Director 1.0 X 0 0 0 Beatriz Da Cunha Director 1.0 X 0 0 0 Caroline Dauzat Director 1.0 X 0 0 0 Cris Stanbrook Director 1.0 X 0 0 0 Fritz Mason Director 1.0 X 0 0 0 Jo-Ellen Darcy Director 1.0 X 0 0 0 Joshua Raglin Director 1.0 X 0 0 0 Mark Reed Director 1.0 X 0 0 0 Maro Imirzian Director 1.0 X 0 0 0 Rehad (Paul) Hossain Director 1.0 X 0 0 0 Soile Kilpi Director 1.0 X 0 0 0 Joie Mor Chief Financial Officer 40.0 X 205258 0 54700 Peter Stangel Chief Operating Officer 40.0 X 331496 0 58042 Alicia Cramer Senior Vice President 40.0 X 284167 0 50158 Matthew Krumenauer Vice President 40.0 X 235151 0 25867 Michael Goergen Vice President 40.0 X 257185 0 28290 Aleta Rogers Director, Grants & Contracts Compliance 40.0 X 121226 0 13335 Jaime Daniel Finance Director 40.0 X 133560 0 40099 Laura Garner Development Director 40.0 X 105834 0 11642 Teal Edelen Program Officer 40.0 X 124034 0 13644 2233821 0 366212 10 false true false Legacy Philanthropy Works 521 Santa Barbara St Santa Barbara CA 93101 Project Management 1124428 The Longleaf Alliance 12130 Dixon Center Rd Andalusia AL 36420 Project Management 641758 Quantified Ventures LLC 6410 Ruffin Rd Chevy Chase MD 20815 Project Management 587801 mano-Y-ola 3813 Birchwood Ct Raleigh NC 27612 Project Management 537838 Vireo Advisors LLC 111 Perkins St Apt 216 Boston MA 02130 Environmental Consulting 405484 30 12028685 4224027 16252712 0 0 0 0 0 -119563 -912095 792532 0 0 2761378 2761378 0 2761378 2761378 Miscellaneous Income 900099 502077 502077 Management Fees 541610 146964 146964 0 0 0 0 649041 19543568 -912095 0 4202951 18783718 18783718 1155842 840167 315675 2782722 2442235 340487 619086 555762 63324 265931 193302 72629 49442 49442 54021 54021 160555 160555 300645 300645 0 0 58855 58855 893305 876142 17163 691717 640998 50719 155573 96890 58683 28075 23443 4632 85386 15689 69697 622984 606034 16950 424329 413734 10595 Taxes and Other Expenses 9632 2006 7626 0 0 0 0 27141818 25849620 1292198 0 8716155 9105002 5760496 6507299 0 0 277279 254516 101247 81599 21338902 1764352 19955882 19574550 176034640 177971318 71600653 85415964 0 677822 2075668 283124174 300985916 11192824 10639473 0 0 0 11192824 10639473 X 22636985 23119304 249294365 267227139 271931350 290346443 283124174 300985916 -7598250 26013343 0 X false true X true true true X 10675091 10387679 12743082 10859388 16252712 60917952 0 0 10675091 10387679 12743082 10859388 16252712 60917952 1917414 59000538 917660 492286 639613 505508 792532 3347599 0 283233 342687 541193 547583 649041 2363737 66629288 0 0.8855 0.8832 X Schedule A, Part II, Line 10 Other Income DESCRIPTION - OTHER INCOME, COLUMN A - 283233.0, COLUMN B - 342687.0, COLUMN C - 541193.0, COLUMN D - 547583.0, COLUMN E - 649041.0, COLUMN F - 2363737.0; RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 247635293 28366990 12615001 263387282 284425359 -26075066 10715000 247635293 247828142 44248217 7651000 284425359 230682480 24953662 7808000 247828142 201429295 37428185 8175000 230682480 0.0 0.7593 0.2407 false false 621858 621858 332368 92658 239710 20384676 1671694 18712982 19574550 Private Limited Partnerships 85415964 85415964 0 X 45396356 26013343 0 26013343 19383013 160555 0 160555 19543568 26981263 0 0 26981263 160555 0 160555 27141818 Schedule D, Part V, Line 4 Intended uses of endowment funds THE ORGANIZATION WAS FUNDED WITH A ONE-TIME INFUSION OF $200 MILLION UNDER THE TERMS OF THE SOFTWOOD LUMBER AGREEMENT BETWEEN THE UNITED STATES AND CANADA. EARNINGS FROM THE ENDOWMENT CAN BE USED TO FUND THE ORGANIZATION'S PURPOSES OF SUPPORTING EDUCATIONAL AND CHARITABLE CAUSES IN TIMBER-RELIANT COMMUNITIES, EDUCATIONAL AND PUBLIC-INTEREST PROJECTS ADDRESSING FOREST MANAGEMENT ISSUES THAT AFFECT TIMBER-RELIANT COMMUNITIES, OR THE SUSTAINABILITY OF FORESTS AS SOURCES OF BUILDING MATERIALS, WILDLIFE HABITAT, BIO-ENERGY, RECREATION, AND OTHER VALUES. Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote THE ENDOWMENT HAS OBTAINED TAX EXEMPT STATUS UNDER INTERNAL REVENUE CODE SECTION 501(C)(3), AND AS SUCH, IS EXEMPT FROM INCOME TAXES EXCEPT ON UNRELATED BUSINESS INCOME. ACCORDINGLY, THE ACCOMPANYING CONSOLIDATED FINANCIAL STATEMENTS DO NOT REFLECT A PROVISION OR LIABILITY FOR FEDERAL AND STATE INCOME TAXES. THE ENDOWMENT HAS DETERMINED THAT THERE ARE NO MATERIAL UNRECOGNIZED TAX BENEFITS OR OBLIGATIONS AS OF DECEMBER 31, 2023. true 2030 Inc 607 Cerrillos Road Suite G Sante Fe NM 87505 260251104 501(c)(5) 64500 Mass Timber American Forests 1220 L Street NW Suite 750 Washington DC 20005 530196544 501(c)(3) 218904 Carbon Auburn University 636000724 University 271354 Mass Timber Black Family Land Trust Inc 043797149 501(c)(3) 80000 Sustainable Forestry and Land Retention Blue Forest Finance 5960 S Land Park Dr Suite 1264 Sacramento CA 95822 831666979 501(c)(3) 342143 Innovative Finance; Ecosystem Markets Bosland Growth LLC 922555910 For-Profit 339009 Scarred Mine Land; Forest Conservation Clemson University 576000254 University 133475 P3 Nano Research to Commercialization Coalitions & Collaboratives Inc PO Box 746 Lake George CO 80827 472144690 501(c)(3) 15962 Innovative Finance Colorado State University 408 University Services Center Fort Collins CO 80523 846000545 University 188399 Mass Timber Council of Great Lakes Governors Inc 309 East Rand Road Arlington Heights IL 60004 411427529 501(c)(3) 26784 Innovative Finance County of Humboldt 946000513 Govt 24981 Innovative Finance Dovetail Partners 528 Hennepin Ave Suite 303 Minneapolis MN 55403 522419510 501(c)(3) 15200 Carbon Florida State University 591961248 University 56219 Prescribed Fire Georgia Tech Research Corporation 580603146 501(c)(3) 62261 P3 Nano Research to Commercialization; Carbon Iowa State University of Science and Technology 426004224 University 38043 Mass Timber Kodama Systems Inc 871861470 For-Profit 12500 Innovative Finance Lincoln Institute of Land Policy 866021106 501(c)(3) 114999 Forest Retention Mammoth Lake Trails and Public Access Foundation 205554141 501(c)(3) 16671 Innovative Finance McIntosh SEED 582556194 501(c)(3) 115000 Sustainable Forestry and Land Retention Michigan State University 386005984 University 36484 Blockchain Mississippi State University 646000819 University 46406 Mass Timber Mount St Helens Institute 911569993 501(c)(3) 56650 Innovative Finance Multiplier 912166435 501(c)(3) 20734 Innovative Finance National Woodland Owners Association 542060831 501(c)(3) 77590 Diversity Equity Inclusion New Leaf Climate Partners 882100068 Corp 162600 Carbon Northern Forest Center 205583324 501(c)(3) 411961 Economic Development Administration Ohio State University 316025986 University 99999 Forest Retention Oregon State University 611730890 University 100295 P3 Nano Research to Commericalization Our Katahdin 472382072 501(c)(3) 33469 Economic Development Administration Pennsylvania State University 246000376 University 51205 Carbon Prairie View A&M University 746001078 University 80000 Sustainble Forestry and Land Retention Purdue University 356002041 University 27964 P3 Nano Research to Commericalization Research Foundation of SUNY 141368361 University 35972 Economic Development Administration; P3 Nano Research to Commericalization Rice University 741109620 University 69488 P3 Nano Research to Commericalization Roanoke Economic Development Inc 562182552 501(c)(3) 115000 Sustainable Forestry and Land Retention Ruffed Grouse Society & American Woodcock Society 540846925 501(c)(3) 11929 Mitigation Sand County Foundation Inc 396089450 501(c)(3) 39904 Innovative Finance Sappi North America Inc 232366983 For-Profit 414111 P3 Nano Save The Redwoods League 940843915 501(c)(3) 21600 Innovative Finance Softwood Lumber Board 454225562 501(c)(3) 128000 Mass Timber Somerset Economic Development Corp 010535534 501(c)(3) 13530 Economic Development Administration Summit County 050513167 Govt 206230 Innovative Finance The Freshwater Trust 930843521 501(c)(3) 71289 Innovative Finance The Nature Conservancy 530242652 501(c)(3) 375000 Conservation The Sierra Fund 680485725 501(c)(3) 350342 Carbon The University of Vermont 030179440 501(c)(3) 30059 Mass Timber Trout Unlimited Inc 381612715 501(c)(3) 63717 Innovative Finance Trust to Conserve Northeast Forest Lands 731674778 501(c)(3) 145000 Economic Development Administration United States Biochar Initiative 813951338 501(c)(3) 279506 Biochar University of Arkansas Pine Bluff 581353149 501(c)(3) 7003 Sustainable Forestry and Land Retention University of Maine 016000769 University 386408 P3 Nano Research to Commericalization; Economic Development Administration University of Miami 590624458 University 49795 Mass Timber University of Wisconsin-Madison 396006492 University 222477 P3 Nano Research to Commericalization University of Nebraska-Lincoln 470049123 University 34274 Mass Timber University of New Hampshire Cooperative Extension 026000937 University 83531 Economic Development Administration Vermont Sustainable Jobs Fund 030349736 501(c)(3) 30000 Economic Development Administration Virginia Tech Foundation Inc 540721690 501(c)(3) 172515 Mitigation West Virigina University 550665758 501(c)(3) 18604 Mass Timber Winston County Self Help 811396515 501(c)(3) 55000 Sustainable Forestry and Land Retention World Resources Insitute 521257057 501(c)(3) 387965 Conservation Finance Working Forest Initiative 882635577 501(c)(6) 500000 Traditional Markets 55 6 Schedule I, Part I, Line 2 Procedures for monitoring use of grant funds. GRANTEES ARE TYPICALLY SELECTED FROM SUBMISSIONS IN RESPONSE TO COMPETITIVE REQUESTS FOR PROPOSALS PROCESSES. EACH PROJECT HAS A DIFFERENT SET OF CRITERIA. ALL GRANTEES OPERATE WITH AN AGREED-UPON WORKPLAN AND DELIVERABLES FOR EACH PROJECT. FUNDS ARE DISBURSED BASED UPON MONITORING OF PROGRESS AND THE AGREEMENT BETWEEN THE GRANTEE AND THE ENDOWMENT OF SATISFACTORY ACCOMPLISHMENTS PER THE AWARD CONTRACT. THE ORGANIZATION'S PROGRAM-RELATED INVESTMENTS ARE MADE UNDER THE DIRECTION OF THE BOARD OF DIRECTORS. ALL INVESTMENTS ARE WITH ORGANIZATIONS THAT SUPPORT THE US ENDOWMENT FOR FORESTRY AND COMMUNITIES' PURPOSE AND GOALS. THE INVESTMENTS ARE MONITORED BY THE BOARD OF DIRECTORS. X X X X X false false false false false false false false false Peter Madden CEO Secretary 395846 0 40064 0 0 0 36300 0 34135 0 506345 0 0 0 Peter Stangel Chief Operating Officer 299709 0 31787 0 0 0 36300 0 21742 0 389538 0 0 0 Joie Mor Chief Financial Officer 188110 0 17148 0 0 0 23715 0 30985 0 259958 0 0 0 Alicia Cramer Senior Vice President 256901 0 27266 0 0 0 31807 0 18351 0 334325 0 0 0 Michael Goergen Vice President 232917 0 24268 0 0 0 28290 0 0 0 285475 0 0 0 Matthew Krumenauer Vice President 212962 0 22189 0 0 0 25867 0 0 0 261018 0 0 0 Jaime Daniel Finance Director 120208 0 13352 0 0 0 15590 0 24509 0 173659 0 0 0 Form 990, Part VI, Line 18 COPIES OF THE ORGANIZATION'S FORM 990 IS AVAILABLE ON THE ORGANIZATIONAL WEBSITE AND WWW.GUIDESTAR.ORG. Form 990, Part VI, Line 11b Review of form 990 by governing body THE ENTIRE BOARD OF DIRECTORS WAS PROVIDED A COPY OF THE DRAFT FORM 990 WITH OPPORTUNITY FOR REVIEW AND DISCUSSION. Form 990, Part VI, Line 12c Conflict of interest policy AT EVERY MEETING OF THE BOARD OF DIRECTORS, BEFORE ANY ACTION IS TAKEN ON A PARTICULAR TOPIC, MEMBERS ARE ASKED TO NOTE FOR THE RECORD ANY AREAS OF POTENTIAL CONFLICT. ANNUALLY, EACH MEMBER OF THE BOARD AND STAFF ARE ASKED TO REVIEW AND SIGN A COPY OF THE CONFLICT OF INTEREST POLICY. Form 990, Part VI, Line 15a Process to establish compensation of top management official OFFICER-LEVEL SALARIES ARE ESTABLISHED BASED UPON THE EDUCATION, EXPERIENCE AND OTHER QUALIFICATIONS OF EACH INDIVIDUAL AND BENCHMARKED AGAINST THE PAY OF SIMILAR POSITIONS WITHIN NOT-FOR-PROFITS AS A CLASS (E.G. AVERAGE ANNUAL SALARY OF WASHINGTON, DC-BASED NGOS) AND A MORE DEFINED GROUP OF NOT-FOR-PROFITS "PEERGANIZATIONS. SALARIES OF ALL STAFF, WITH THE EXCEPTION OF THE CEO, ARE ESTABLISHED USING THESE BENCHMARKS AND ADMINISTERED BY THE CEO WITH BOARD REVIEW/APPROVAL ON EACH EMPLOYEE'S ON APRIL 1ST OF EACH YEAR. IN THE CASE OF THE CEO, THE BOARD OF DIRECTORS REVIEWS THE CEO'S PAY AND BENEFITS AT LEAST ANNUALLY. THE ENTIRE PAY/BENEFITS PACKAGE IS TESTED IN A REVIEW OF PEER GROUP AND OTHER BENCHMARKS AND PERIODICALLY REVIEWED BY OUTSIDE COUNSEL AND/OR A BENEFITS CONSULTANT. Form 990, Part VI, Line 15b Process to establish compensation of other employees OFFICER-LEVEL SALARIES ARE ESTABLISHED BASED UPON THE EDUCATION, EXPERIENCE AND OTHER QUALIFICATIONS OF EACH INDIVIDUAL AND BENCHMARKED AGAINST THE PAY OF SIMILAR POSITIONS WITHIN NOT-FOR-PROFITS AS A CLASS (E.G. AVERAGE ANNUAL SALARY OF WASHINGTON, DC-BASED NGOS) AND A MORE DEFINED GROUP OF NOT-FOR-PROFITS "PEERGANIZATIONS. SALARIES OF ALL STAFF, WITH THE EXCEPTION OF THE CEO, ARE ESTABLISHED USING THESE BENCHMARKS AND ADMINISTERED BY THE CEO WITH BOARD REVIEW/APPROVAL ON EACH EMPLOYEE'S ON APRIL 1ST OF EACH YEAR. IN THE CASE OF THE CEO, THE BOARD OF DIRECTORS REVIEWS THE CEO'S PAY AND BENEFITS AT LEAST ANNUALLY. THE ENTIRE PAY/BENEFITS PACKAGE IS TESTED IN A REVIEW OF PEER GROUP AND OTHER BENCHMARKS AND PERIODICALLY REVIEWED BY OUTSIDE COUNSEL AND/OR A BENEFITS CONSULTANT. Form 990, Part VI, Line 19 Required documents available to the public COPIES OF ALL GOVERNANCE DOCUMENTS -- CHARTER, BYLAWS, STEWARDSHIP PRINCIPLES, VALUES -- ARE AVAILABLE ON THE ORGANIZATIONAL WEBSITE. Form 990, Part XII, Line 2c THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. Restoration Fuels PO Box 668 Pineville OR 97754 371881323 Manufacturing OR 4131657 20987238 United States Endowment for Forestry and Communities Inc Timberhaulingcom 10 S Academy St STE 101 Greenville SC 29601 842204346 Purchasing Manager SC 525719 0 United States Endowment for Forestry and Communities Inc Forestrust 10 S Academy St STE 101 Greenville SC 29601 853186870 Technology SC 0 0 United States Endowment for Forestry and Communities Inc