Sierra Club Foundation
Meets Standards
Standards For Charity Accountability
Governance
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Board Oversight
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Board Size
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Board Meetings
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Board Compensation
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Conflict of Interest
Measuring Effectiveness
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Effectiveness Policy
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Effectiveness Report
Finances
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Program Expenses
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Fundraising Expenses
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Accumulating Funds
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Audit Report
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Detailed Expense Breakdown
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Accurate Expense Reporting
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Budget Plan
Fundraising & Info
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Truthful Materials
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Annual Report
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Website Disclosures
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Donor Privacy
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Cause Marketing Disclosures
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Complaints
Sierra Club Foundation meets the 20 Standards for Charity Accountability.
Stated Purpose:
"to educate and empower people to protect and improve the natural and human environment."
Year, State Incorporated:
1960, CA
Sierra Club Foundation (SCF) reports that it partners with individual and institutional donors to align financial resources with strategic outcomes, provide flexible funding for innovation, build capacity in the environmental movement, and create partnerships with a broad spectrum of allied organizations around shared values and goals. As the fiscal sponsor of the charitable programs of the Sierra Club, the organization provides resources to it and other nonprofit organizations to support scientific, educational, literary, organizing, advocacy, and legal programs that further its environmental goals. In 2022, SCF states that it awarded grants to 38 nonprofit organizations engaging in environmental education.
For the year ended December 31, 2022, Sierra Club Foundation's program expenses were:
Program services: $97,349,446
Total Program Expenses: $97,349,446
Chief Executive
Dan Chu, Executive Director
Compensation*
$354,544
Chair of the Board
Robin Mann
Chair's Profession / Business Affiliation
Environmentalist
Board Size
14
Paid Staff Size
10
*2021 compensation includes annual salary and, if applicable, benefit plans, expense accounts, and other allowances.
Method(s) Used:
Direct mail appeals, Grant proposals, Internet, Radio
Fundraising costs were 17% of related contributions. (Related contributions, which totaled $82,693,535, 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 Sierra Club Foundation's audited financial statements for the year ended December 31, 2022.
Source of Funds
Contributions of cash and other financial assets | $72,579,534 |
In-kind contributions | $661,480 |
Contributions related to split-interest agreements | $498,549 |
Bequests | $9,615,452 |
Investment income, net | $-30,654,939 |
Interest and dividends | $2,157,242 |
Other income | $1,275,105 |
Total Income | $56,132,423 |
Programs: 86% Fundraising: 12% Administrative: 2%
Total Income | $56,132,423 |
Total expenses: | $113,448,406 |
Program expenses | $97,349,446 |
Fundraising expenses | $13,661,830 |
Administrative expenses | $2,437,130 |
Other expenses | $0 |
Income in Excess of Expenses | $-57,315,983 |
Beginning Net Assets | $233,914,116 |
Other Changes In Net Assets | $346,191 |
Ending Net Assets | $176,944,324 |
Total Liabilities | $31,031,726 |
Total Assets | $207,976,050 |
Note 1: As noted in the above financial section, "other changes in net assets" refers to the net change in value of split-interest agreements.
Note 2: According to SCF's 2022 audited financial statements, the organization received $661,480 in donated software licensing.
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.