NonprofitsBlue Forest Finance Inc

Environment

Blue Forest Finance Inc

SACRAMENTO, CA

Total revenue

$8.9M

Total expenses

$9.0M

Net assets

$5.3M

Grants received

$8.2M

30 grants

EIN

831666979

Tax year

2024

Mission

Blue forest is a non-profit conservation finance organization. We bring people, finance and science together to restore and protect our forests, watersheds, ecosystems and communities.

Programs

2 programs

Communications, outreach, & education - involves activities to produce and disseminate materials and information about our innovative finance models and the multiple benefits of ecosystem conservation and restoration generally. Our stakeholder and public outreach and education expands knowledge of our projects while promoting them as emerging and effective models that are applicable and replicable to many landscapes and ecosystem situations in need of large-scale management and restoration, while also advancing the field of conservation finance broadly. 2024 impacts included features in leading impact investing publications, inclusion in the revenues for nature database, winner of the forest service regional partnership of the year, achieving coin cdfi certification, and being named as a keeling curve prize laureate.

Expenses: $351K

Science & research - blue forest combines the latest western science with indigenous knowledge to build more resilient ecosystems and communities. Our science team works to evaluate and monitor project benefits. We help develop, test and deploy new tools and methods for measuring restoration project outcomes. We partner with academic and research organizations to evaluate and communicate the benefits of investing in ecosystem resilience, and we maintain a portfolio of independent research projects aimed at gaining new insights into the benefits of well-managed landscapes. In 2024 blue forest team members published 4 research papers, completed benefits analysis for 21 unique projects, and participated in 19 public presentations and panels.

Expenses: $135K

Financials

FY 2024

Revenue

Contributions & grants$6.1M
Program service revenue$2.4M
Investment income$433K
Other revenue$399
Total revenue$8.9M

Expenses

Grants paid$1.3M
Salaries & benefits$5.0M
Fundraising$238K
Other expenses$2.7M
Total expenses$9.0M
Total assets$35.2M
Net assets$5.3M

People

14 listed

NameRoleCompensation

GORDON VERMEER

CFO & TREASURER

Board

$183K

50 hrs/wk

ZACHARY KNIGHT

CEO & PRESIDENT

Board

$182K

50 hrs/wk

NICHOLAS WOBBROCK

CHIEF CONSERVATION OFFICER & SECRETARY

Board

$179K

50 hrs/wk

SHERI ELLIOTT

DIRECTOR

Board

1 hrs/wk

CHAD REED

DIRECTOR

Board

1 hrs/wk

DANIELA SALTZMAN

DIRECTOR

Board

1 hrs/wk

NEWSHA K AJAMI

DIRECTOR

Board

1 hrs/wk

RICARDO BAYON

DIRECTOR

Board

1 hrs/wk

PHILIP SAKSA

CHIEF SCIENTIST

Staff

$193K

50 hrs/wk

MACKENZIE CLOYES

CHIEF OF STAFF

Staff

$162K

50 hrs/wk

FOREST CRANDALL

DIRECTOR OF INVESTMENTS

Staff

$145K

50 hrs/wk

SEREN PENDLETON-KNOLL

DIRECTOR OF EXTERNAL AFFAIRS

Staff

$133K

50 hrs/wk

MICAH ELIAS

DIRECTOR OF NATURAL CAPITAL

Staff

$126K

50 hrs/wk

LUKE CARPENTER

DIRECTOR OF INVESTMENTS

Staff

$124K

50 hrs/wk

Independent contractors

ORRICK HERRINGTON & SUTCLIFFE LLP

LEGAL SERVICES

$305K

COHNREZNICK LLP

AUDIT AND TAX SERVICES

$131K

Grants received

Showing 30 of 30

FromAmountPurposeYear
$1.5M
TO ACCELERATE ECOLOGICAL RESTORATION THROUGH CONSERVATION FINANCE, ENABLING CLIMATE RESILIENCE FOR ECOSYSTEMS AND COMMUNITIES.
2024
$199K
Innovative Finance
2024
$100K
WATER ACCESS AND CONSERVATION
2024
$50K
Sustainability
2024
$50K
CLIMATE CHANGE ACHIEVEMENT
2024
$35K
LAND OR MARINE CONSERVATION, CLIMATE CHANGE, AND/OR ENVIRONMENTAL EQUITY AND JUSTICE
2024
$1.5M
To support the Forest Resilience Bond.
2023
$342K
Innovative Finance; Ecosystem Markets
2023
$240K
WILDFIRE RESILIENCE FUND
2023
$150K
TO ACCELERATE ECOLOGICAL RESTORATION THROUGH CONSERVATION FINANCE, ENABLING CLIMATE RESILIENCE FOR ECOSYSTEMS AND COMMUNITIES.
2023
$100K
ENVIRONMENT, ANIMALS
2023
$51K
For grant recipient's exempt purposes
2023
$50K
Sustainability
2023
$45K
FOR MONETARY GRANT AGREEMENT ID MG-10840
2023
$1.5M
To strategically support Blue Forest Conservation to transition the Forest Resilience Bond (FRB) from a project-level financing to a larger-scale blended finance fund structure while supporting conservation finance in Southern Oregon and beyond
2022
$520K
For grant recipient's exempt purposes
2022
$440K
INNOVATIVE FINANCE, ECOSYSTEM MARKETS
2022
$310K
UNRESTRICTED GENERAL SUPPORT
2022
$150K
CHARITABLE GENERAL PURPOSE
2022
$100K
ENVIRONMENT, ANIMALS
2022
$100K
For grant recipient's exempt purposes
2021
$100K
For grant recipient's exempt purposes
2021
$50K
ENVIRONMENT, ANIMALS
2021
$25K
ENVIRONMENTAL AND ANIMALS
2021
$5K
PUBLIC CHARITY
2021
$150K
CHARITABLE GENERAL PURPOSE
2020
$150K
FROM PILOT TO SCALE: EXPANDING THE FOREST RESILIENCE BOND
2020
$69K
INNOVATIVE FINANCE FOR FOREST CONSERVATION
2020
$35K
TO SUPPORT THE FOREST RESILIENCE BONDS EXPANSION PAST THE PILOT PHASE TO PROTECT 275,000 ACRES ACROSS THE YUBA WATERSHED THROUGH THE NORTH YUBA FOREST PARTNERSHIP
2020

Funded by

$8.2M from 17 funders · 30 grants · 2020–2024

Alumbra Innovations Foundation

$3M · 2 grants · 2022–2023

The Great Island Foundation

$1.9M · 4 grants · 2020–2024

United States Endowment for Forestry

$1.1M · 4 grants · 2020–2024

Fidelity Investments Charitable Gift Fund

$771K · 4 grants · 2021–2023

National Philanthropic Trust

$250K · 3 grants · 2021–2023

Impactassetsinc

$240K · 1 grant · 2023

The Jm Kaplan Fund Inc

$150K · 1 grant · 2020

Details

EIN831666979
NTEE codeC30
Subsection03
Ruling date2020-02
Formed2018
Employees46
Volunteers5
BLUE FOREST FINANCE INC — Mission, Financials & Grants Received | Grantivo