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CHARITY REVIEW
Issued: December 2024 Expires: December 2026

One Percent for the Planet

Accredited Charity
Accredited Charity

Meets Standards

Accreditation seal
50 Lakeside Avenue, #341
Burlington, VT, 05401

Standards For Charity Accountability

Governance

  1. Board Oversight
  2. Board Size
  3. Board Meetings
  4. Board Compensation
  5. Conflict of Interest

Measuring Effectiveness

  1. Effectiveness Policy
  2. Effectiveness Report

Finances

  1. Program Expenses
  2. Fundraising Expenses
  3. Accumulating Funds
  4. Audit Report
  5. Detailed Expense Breakdown
  6. Accurate Expense Reporting
  7. Budget Plan

Fundraising & Info

  1. Truthful Materials
  2. Annual Report
  3. Website Disclosures
  4. Donor Privacy
  5. Cause Marketing Disclosures
  6. Complaints

One Percent for the Planet meets the 20 Standards for Charity Accountability.

Stated Purpose:
"to accelerate smart environmental giving and prevent greenwashing."

Year, State Incorporated:
2001, CA

One Percent for the Planet (1% for the Planet) administers and promotes programs that encourage contributions to environmental organizations. The organization has a membership program where businesses commit to donating at least one percent of their annual revenues to approved environmental nonprofit organizations. 1% for the Planet then certifies member commitments after they submit donation receipts and revenue documentation. The organization works to amplify brand awareness and use the 1% for the Planet network and certification to help inspire businesses and individuals to take action.

For the year ended December 31, 2023, One Percent for the Planet's program expenses were:

Program services: $5,700,284

Total Program Expenses: $5,700,284

Chief Executive
Katherine Williams, Chief Executive Officer

Compensation*
$275,208

Chair of the Board
James Osgood

Chair's Profession / Business Affiliation
Chief Executive Officer, Turtle Fur

Board Size
17

Paid Staff Size
45

*2023 compensation includes annual salary and, if applicable, benefit plans, expense accounts, and other allowances.

Method(s) Used:
Direct mail appeals, Grant proposals, Internet, Radio, Print advertisements

Fundraising costs were 25% of related contributions. (Related contributions, which totaled $2,958,746, are donations received as a result of fundraising activities.)

This organization is tax-exempt under section 501(c)(3) of the Internal Revenue Code. It is eligible to receive contributions deductible as charitable donations for federal income tax purposes.

The following information is based on One Percent for the Planet's audited financial statements for the year ended December 31, 2023.

Source of Funds
Corporate memberships $4,307,491
Summit registration $159,379
Contributions $2,523,105
Corporate sponsorships $297,762
In-kind contributions $137,879
Interest and other income $187,491
Total Income $7,613,107

Programs: 77% Fundraising: 10% Administrative: 13%

Total Income $7,613,107
Total expenses: $7,435,571
  Program expenses $5,700,284
  Fundraising expenses $747,656
  Administrative expenses $987,631
  Other expenses $0
Income in Excess of Expenses $177,536
Beginning Net Assets $5,046,853
Other Changes In Net Assets $0
Ending Net Assets $5,224,389
Total Liabilities $5,083,670
Total Assets $10,308,059

Note: According to the organization's 2023 audited financial statements, 1% for the Planet received in-kind contributions totaling $137,879 in the form of promotional items ($83,017), professional services ($33,600), and other ($21,262).

An organization may change its practices at any time without notice. A copy of this report has been shared with the organization prior to publication. It is not intended to recommend or deprecate, and is furnished solely to assist you in exercising your own judgment. If the report is about a charity and states the charity meets or does not meet the Standards for Charity Accountability, it reflects the results of an evaluation of information and materials provided voluntarily by the charity. The name Better Business Bureau is a registered service mark of the International Association of Better Business Bureaus.

This report is not to be used for fundraising or promotional purposes.

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Report completed by:
BBB Wise Giving Alliance