NonprofitsArctic Ice Project

Environment

Arctic Ice Project

REDWOOD CITY, CA

Total revenue

$352K

Total expenses

$749K

Net assets

$290K

Grants received

$2.1M

35 grants

EIN

264434262

Tax year

2024

Mission

Through innovative scientific research and the development of safe geoengineering methods, AIP addresses the rapid loss of Arctic sea ice, a critical factor in global climate regulation. Preserving the Arctics reflective ice cover helps mitigate global warming and safeguard ecosystems. AIP is developing environmentally safe Surface Albedo Modification (SAM) techniques using materials like hollow glass microspheres (HGMs) to enhance the reflectivity of sea ice. This increased reflectivity can disrupt the feedback loops that accelerate ice melt, contributing to the stabilization of Arctic temperatures and the global climate. Grounded in scientific rigor, safety, and a commitment to restoring the Arctic ecosystem, AIP collaborates with diverse stakeholders to deliver innovative and responsible solutions to one of the planets most urgent climate challenges.

Programs

5 programs

Outreach - Worldwide Collaboration and Policy

Expenses: $12K

CLIMATE MODELING - To assess the effectiveness of potential deployment, Arctic Ice Project collaborates with a world-class climate modeling team to perform the complex computer simulations required for publication. These simulations focus on targeted strategic areas of the Arctic Sea, using global climate modelslarge, sophisticated programs that require ongoing development by expert teams. The modeling work involves running numerical simulations to study the impact of spreading highly reflective silica microspheres (Hollow Glass Microspheres - HGMs) in specific Arctic regions. The goal is to identify optimal deployment locations and timing while evaluating large-scale climate effects. Preliminary results show that applying a thin layer of HGMs lowers both Arctic and global average surface temperatures. We partnered with with NASA Earth Exchange (NEX) to leverage NASAs state-of-the-art supercomputers and analytical tools to conduct these simulations. This affiliation with a leading research organization provided essential computational resources, with costs limited to our personnel. Our climate modeling efforts have been presented at annual conferences, and our findings have been published in peer-reviewed journals.

Expenses: $12K

EDUCATION - The goal of educating people about the role the Arctic plays in influencing climate change is of paramount importance in AIPs collective efforts to address one of the most pressing global challenges of our time. The Arctic region serves as a crucial indicator and driver of climate change, with its rapidly warming temperatures, melting ice, and impacts on global weather patterns. Understanding the Arctic's significance helps individuals and policymakers comprehend the far-reaching consequences of climate change, from rising sea levels to altered weather patterns and biodiversity loss. It underscores the urgency of taking meaningful action to mitigate the effects of climate change, making public awareness and informed decision-making essential for a sustainable future.

Expenses: $3K

Early-Stage Research

Expenses: $693

Field Testing

Expenses: $475

Financials

FY 2024

Revenue

Contributions & grants$352K
Program service revenue
Investment income$14
Other revenue
Total revenue$352K

Expenses

Grants paid
Salaries & benefits$463K
Fundraising$56K
Other expenses$285K
Total expenses$749K
Total assets$303K
Net assets$290K

People

6 listed

NameRoleCompensation

Annette Eros

CEO

Board

$232K

40 hrs/wk

Steve Payne

Chairman

Board

5 hrs/wk

Steve Zornetzer

Vice President

Board

5 hrs/wk

Carol Sontag

Secretary

Board

10 hrs/wk

Christine Gu

Treasurer

Board

2 hrs/wk

Sara Stone Psihas

Director

Board

2 hrs/wk

Grants received

Showing 35 of 35

FromAmountPurposeYear
$15K
GENERAL OPERATING SUPPORT
2024
$5K
General & Unrestricted
2024
$75K
GENERAL OPERATING SUPPORT
2023
$9K
For grant recipient's exempt purposes
2023
$8K
PUBLIC, SOCIETAL BENEFIT
2023
$7K
UNRESTRICTED GENERAL SUPPORT
2023
$5K
General & Unrestricted
2023
$2K
GENERAL OPERATING SUPPORT
2023
$50K
ARCTIC ICE PROJECT RESEARCH COLLABORATION WITH SINTEF OCEAN
2022
$26K
PUBLIC, SOCIETAL BENEFIT
2022
$15K
ENVIRONMENT, ANIMALS
2022
$15K
GENERAL OPERATING SUPPORT
2022
$10K
For grant recipient's exempt purposes
2022
$5K
UNRESTRICTED GENERAL SUPPORT
2022
$40K
ENVIRONMENT, ANIMALS
2021
$21K
ENVIRONMENTAL AND ANIMALS
2021
$10K
FOR THE PURPOSE OF THEIR SAFETY TESTING PROJECT IN THE ARCTIC & CLIMATE MODELING PROJECTS
2021
$10K
For recipient's exempt purpose
2021
$35K
ENVIRONMENT, ANIMALS
2020
$17K
ENVIRONMENTAL AND ANIMALS
2020
$10K
ENVIRONMENT & ANIMAL PROTECTION
2020
$7K
For grant recipient's exempt purposes
2020
$5K
Unrestricted
2020
$5K
UNRESTRICTED GENERAL SUPPORT
2020
$20K
ENVIRONMENT, ANIMALS
2019
$19K
ENVIRONMENTAL AND ANIMALS
2019
$27K
Unrestricted
2018
$9K
For grant recipient's exempt purposes
2018
$26K
FOR GRANT RECIPIENT'S EXEMPT PURPOSES
2017
$6K
ENVIRONMENTAL/ANIMALS
2017

Funded by

$2.1M from 12 funders · 35 grants · 2017–2024

Silicon Valley Community Foundation

$1.5M · 4 grants · 2020–2024

The Mericos Foundation

$165K · 5 grants · 2021–2024

National Philanthropic Trust

$110K · 4 grants · 2019–2022

Donor Advised Charitable Giving Inc

$96K · 6 grants · 2017–2023

Fidelity Investments Charitable Gift Fund

$62K · 5 grants · 2017–2023

Network For Good

$32K · 2 grants · 2018–2020

Morgan Stanley Global Impact Funding Trust Inc

$17K · 3 grants · 2020–2023

Gs Donor Advised Philanthropy Fund

$10K · 1 grant · 2020

Details

EIN264434262
NTEE codeC0
Subsection03
Ruling date2014-03
Formed2008
Employees4
Volunteers25
ARCTIC ICE PROJECT — Mission, Financials & Grants Received | Grantivo