2025-11-17T15:31:24-05:00 2024-12-31 205907840 Ketcham & Associates LLC 202 Mountain Avenue Westfield NJ 07090 990 2024-01-01 851478153 FUNGI FOUNDATION INC % GIULIANA FURCI FUNG 2122029655 224 WEST 35TH ST SUITE 500 NO 767 NEW YORK NY 10001 GIULIANA FURCI CHIEF EXEC DIRECTOR 9082324618 2025-05-14 true true STEVEN KETCHAM CPA P01439801 9082324618 2025-11-17 2024 2025-03-06 01:10:19Z GIULIANA FURCI 224 WEST 35TH ST SUITE 500 NO 767 NEW YORK NY 10001 407817 false X FFUNGI.ORG X 2020 NY TO EXPLORE THE FUNGI TO INCREASE KNOWLEDGE OF THEIR DIVERSITY, PROMOTE INITIATIVE SOLUTIONS TO CONTINGENT PROBLEMS, EDUCATE ABOUT THEIR EXISTENCE AND APPLICATIONS, AS WELL AS RECOMMENDING PUBLIC POLICY FOR THEIR CONSERVATION. 6 6 2 10 0 0 333314 403677 15000 4140 0 0 348314 407817 99466 80097 0 91518 84385 0 41175 347197 297540 538181 462022 -189867 -54205 139272 82068 2999 0 136273 82068 TO EXPLORE THE FUNGI TO INCREASE KNOWLEDGE OF THEIR DIVERSITY, PROMOTE INITIATIVE SOLUTIONS TO CONTINGENT PROBLEMS, EDUCATE ABOUT THEIR EXISTENCE AND APPLICATIONS, AS WELL AS RECOMMENDING PUBLIC POLICY FOR THEIR CONSERVATION. false false 350354 80097 407817 KINGDOM FUNGI IS INDISPENSABLE TO EARTHS MANY ECOSYSTEMS AND THE ORGANISMS THAT INHABIT THE PLANET. OUR MAIN FOCUS IS ON RESEARCH, CONSERVATION, EDUCATION, EXPLORATION AND DEVELOPMENT OF FUNGI. THE ORGANIZATION ENVISIONS A HEALTHY PLANET IN WHICH FUNGI ARE RECOGNIZED AS THE INTERCONNECTORS OF NATURE. 350354 true true false false false false false false false false true false false false false false false false false true true true false false false false false false false false false false false false false false false false false false false false false false false false false true 4 0 true 2 true false false false false false false false false false false false false X 6 6 false false false false false false false true true false false true true true true true true true true false NY X X GIULIANA FURCI 2122029655 224 WEST 35TH ST SUITE 500 NO 767 NEW YORK NY 10001 GIULIANA FURCI CHIEF EXECUTIVE DIRECTOR 40.00 0.00 X 58336 0 0 JR RAHN DIRECTOR 1.00 0.00 X 0 0 0 NANCY TURNER DIRECTOR 1.00 0.00 X 0 0 0 PAUL STAMETS DIRECTOR 5.00 0.00 X 0 0 0 JOANNA FOSTER CHAIR 20.00 0.00 X X 0 0 0 MICHELLE LOBO TREASURER 20.00 0.00 X X 0 0 0 NATHALIE KELLEY SECRETARY 5.00 0.00 X X 0 0 0 58336 0 0 0 false false false 403677 403677 OTHER REVENUE 624110 4140 4140 4140 0 407817 4140 0 0 80097 80097 84385 59069 12658 12658 24110 24110 1098 439 549 110 3824 1054 1318 1452 3672 1469 1836 367 5964 4806 1125 33 61050 55938 914 4198 2038 2038 2277 911 1138 228 Bank charges and fees 3630 1453 1815 362 Contracted services 169952 128670 20094 21188 Dues and subscriptions 5795 2318 2898 579 Program expense 14130 14130 462022 350354 70493 41175 133156 77990 10192 6114 6116 4078 139272 82068 2999 2999 0 X 136273 82068 136273 82068 139272 82068 -54205 0 X true X false false X 60660 541058 413399 333314 403676 1752107 60660 541058 413399 333314 403676 1752107 323668 1428439 1000 1000 1753107 0.81480 0.00000 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 10192 6114 4078 4078 true South America 1 Grant making Grants to recipients 57597 North America Not the United States Grant making Grants to recipients 22500 1 1 80097 80097 South America PROGRAM SUPPORT 57597 0 Fair market value North America Not the United States PROGRAM SUPPORT 22500 0 Fair market value false false false false false false Use of grant monitoring procedures (Part I, line 2) FUNGI FOUNDATION INC RECEIVES INVITATIONS TO COLLABORATE WITHORGANIZATIONS, PROJECTS AND PEOPLE. THESE INVITATIONS ARRIVE MAINLY BYEMAIL THROUGH AN INSTITUTION THAT REFERS TO US AS AN NGO THAT PROMOTESTHE STUDY AND PROTECTION OF THE ENVIRONMENT FOCUSED ON THE FUNGI KINGDOM.THE PRINCIPAL FOCUS OF THE FUNGI FOUNDATION IS NOT FINANCIAL COLLECTIONFOR THIRD PARTIES, SO IN CASE OF PROVIDING FINANCIAL SUPPORT TO THIRDPARTIES, THEY MUST BE WELL-KNOWN INSTITUTIONS OR PEOPLE WHO PRESENT AFORMAL PROJECT TO THE FOUNDATIONS BOARD. THIS PROJECT IS REVIEWED BY THEFINANCIAL TEAM AND EXECUTIVE MANAGEMENT, WHO, ONCE APPROVED, INTRODUCETHE INITIATIVE TO THE BOARD OF DIRECTORS. FINALLY, IT IS THE BOARD OFDIRECTORS WHO DECIDE IF THE PROJECT IS VIABLE OR NOT. THE INITIATIVES THAT HAVE THE SUPPORT OF THE FUNGI FOUNDATION COMMIT TOCOMPLY THEIR PROJECT AS AGREED. THEY SHARE THEIR ACHIEVEMENTS ANDEXPENSES REPORT WITH A SETTLED FREQUENCY. LASTLY, A FINAL PRESENTATION ISMADE WITH THE FINAL OUTCOME OF THE PROJECT, ITS COSTS AND IMPACTS FORSOCIETY. Form 990 governing body review Part VI line 11 FUNGI FOUNDATION, INC HAS ITS FORM 990 PREPARED BY AN OUTSIDE ACCOUNTINGFIRM AND HAS ESTABLISHED THE FOLLOWING REVIEW PROCESS TO ENSURE THAT THEINFORMATION REPORTED IS COMPLETE AND ACCURATE. WHEN THE FORM 990 HAS BEENPREPARED, REVIEWED BY THE TREASURER AND IS READY TO BE FILED WITH THEINTERNAL REVENUE SERVICE, IT IS ELECTRONICALLY SENT TO THE BOARD FORAPPROVAL. ONCE THE BOARD HAS APPROVED THE RETURN IT IS FILED WITH THEINTERNAL REVENUE SERVICE. Conflict of interest policy compliance Part VI line 12c THE ORGANIZATIONS CONFILCT OF INTEREST POLICY APPLIES TO THE ORGANIZATIONSBOARD OF DIRECTORS. THE ORGANIZATION MONITORS ITS POLICY EACH YEAR BYHAVING THE BOARD DIRECTORS DICLOSE THIS IN THE BOARD MEETINGS. THEPROCEDURES FOR WHEN A CONFLICT OF INTEREST ARISES IS THE DIRECTOR OROFFICET MUST TAKE THIS MATTER UP TO THE BOARD OF DIRECTORS AND THEDISINTERETED DRECTORS SHOULD DETERMINE WHETHER IT IS IN THE BEST INTEREST. CEO executive director top management comp Part VI line 15a THE CHIEF EXECUTIVE OFFICERS COMPENSATION IS DETERMINED AND APPROVED BYTHE BOARD OF DIRECTORS BY USING COMPENSATION INFORMATION OF COMPARABLYSIZED NOT-FOR-PROFIT ORGANIZATIONS. THIS PROCESS IS CONDUCTED ON AN ANNUALBASIS AND DOCUMENTED ON THE BOARDS MINUTES. Other officer or key employee compensation Part VI line 15b COMPENSATION OF EMPLOYEES IS DETERMINED AND APPROVED BY THE BOARD OF DIRECTORS BY USING COMPENSATION INFORMATION OF COMPARABLY SIZED NOT-FOR-PROFIT ORGANIZATIONS. THIS PROCESS IS CONDUCTED ON AN ANNUALBASIS AND DOCUMENTED ON THE BOARDS MINUTES. Governing documents etc available to public Part VI line 19 THE ORGANIZATION MAKES ITS FORM 990 AVAILABLE FOR PUBLIC INSPECTION ASREQUIRED UNDER SECTION 6104 OF THE INTERNAL REVENUE CODE. THE RETURN ISALSO POSTED ON GUIDESTAR.ORG AND OTHER SIMILAR TYPES OF WEBSITES. INADDITION, THE FORM 1023, FINANCIAL STATEMENTS, CONFLICT OF INTEREST POLICY,ARTICLES OF INCORPORATION AND BY-LAWS ARE ALSO AVAILABLE UPON WRITTENREQUEST. General explanation attachment Form 990, Part III: Notable Achievements1. The governments of Chile and the UK, together with the Fungi Foundation, launched the Fungal Conservation Pledge at the UN CBD COP16. It has been signed by 13 countries.2. In collaboration with the Fauna Flora Funga Initiative, we prepared an in-depth document guiding organizations on how to adopt mycologically inclusive language, called the Funga Tool Kit.3. We collaborated with National Geographic to include fungi in their definition of wildlife.4. Together with Museo Interactivo Mirador in Santiago, we created the first permanent exhibit on fungi in Chile.5. The MOTH Collective and a representative of the Los Cedros Cloud Forest submitted a petition to Ecuadors copyright office to recognize the moral authorship of the forest as a co-creator of a song, in a first attempt in legal and environmental history, alongside four humans.6. We launched the Fungal Conservation Tracker, a tool that sheds light on the successes and deficiencies of fungal conservation efforts around the world.7. Held DNA analysis to confirm the rediscovery of a species lost to science for 40 years Austroomphaliaster nahuelbutensis.8. Launch of the documentary In Search of a Lost Fungus.9. Held mycological expeditions to Mongolias Gobi Desert, Ecuadors Sarayaku Territory, and Chilean Patagonia.10. Chiles Curriculum Update Proposal now includes funga alongside flora and fauna, after years of advocacy by the Fungi Foundation.11. Published the Portuguese translation of the FF curriculum and Fantastic Fungi Educational Film.12. Conducted training sessions and talks for 90 teachers and 350 students.13. Developed the Fungi Foundations India Chapter.14. Premiered the ethnomycological documentary The Mushroom Keepers, filmed in India.15. Carried out the pilot phase of the project Remembering the Forest with people living in long-term elder care facilities in southern Chile.16. Premiered National Geographics documentary Flora Fauna Funga, recorded on a mycological expedition to Tierra del Fuego in Chile.17. Featured in 115 outlets across 31 countries through podcasts, interviews, articles, and videos.