NonprofitsCanopy Planet Foundation

Environment

Canopy Planet Foundation

BLAINE, WA

Total revenue

$8.9M

Total expenses

$3.3M

Net assets

$5.6M

Grants received

$6.6M

7 grants

EIN

874752209

Tax year

2023

Mission

Funding bold action plans and sustainable systems to preserve Ancient and Endangered Forests and support life on Earth.

Programs

3 programs

Canopy Style & LoH -A fashion-focused initiative that works to shift man-made cellulosic fibres supply chains out of Ancient and Endangered Forests (AEF) to lower-impact alternatives, whilst scaling up solutions that will help to protect forests. LoH -Canopy works to protect Landscapes of Hope around the world. Canopy has contributed to the protection of over 11.4 million hectares of key forest landscapes, with 5.5 million hectares either newly protected or maintained under a moratorium on logging in the last two years. Keeping forest ecosystems intact all around the world from the Amazon, to the boreal, to the tropics, and coastal temperate rainforests is integral for our survival. When we protect forest ecosystems, we ensure that biodiversity is protected, carbon is stored, our climate is balanced, traditional and Indigenous communities are sustained, and humans have a better chance to thrive.

Expenses: $70K

Next Gen Solutions: Canopy Works with brand partners to support Next Gen products/systems/designs and works with producers to adopt technologies to produce more Next Gen options. Next Gen Solutions are 1) products that are made with raw materials with a lower footprint than wood fibre and 2) smart logistics systems and product designs (such as re-usable shipping boxes and clothing rental services) that enable businesses to use far less raw resources. By using Next Gen alternatives, we don't destroy precious forest habitat and we do reduce carbon emissions and enable a circular economy.

Expenses: $103K

Grants to other organizations (Canopy Planet Society)

Expenses: $2.9M

Financials

FY 2023

Revenue

Contributions & grants$8.4M
Program service revenue$201K
Investment income$5K
Other revenue$280K
Total revenue$8.9M

Expenses

Grants paid$2.9M
Salaries & benefits$286K
Fundraising$2K
Other expenses$105K
Total expenses$3.3M
Total assets$8.7M
Net assets$5.6M

People

3 listed

NameRoleCompensation

Tracie Wagman

Board Chair

Board

0.5 hrs/wk

Cristina Colissimo

Board Secretary

Board

0.5 hrs/wk

Jodie Tonita

Board Treasurer

Board

0.5 hrs/wk

Grants received

Showing 7 of 7

FromAmountPurposeYear
$450K
GENERAL OPERATIONS
2024
$2.3M
For grant recipient's exempt purposes
2023
$1M
ENVIRONMENT
2023
$400K
ENVIRONMENTAL AND ANIMALS
2023
$270K
SUSTAINABLE ENVIRONMENT
2023
$100K
ENVIRONMENTAL
2023
$2M
For grant recipient's exempt purposes
2022

Funded by

$6.6M from 5 funders · 7 grants · 2022–2024

Fidelity Investments Charitable Gift Fund

$4.3M · 2 grants · 2022–2023

Samueli Foundation

$1.4M · 2 grants · 2023–2024

Donor Advised Charitable Giving Inc

$400K · 1 grant · 2023

Tides Foundation

$270K · 1 grant · 2023

American Endowment Foundation

$100K · 1 grant · 2023

Details

EIN874752209
NTEE codeC12
Subsection03
Ruling date2022-12
Formed2021
Employees5
Volunteers3
CANOPY PLANET FOUNDATION — Mission, Financials & Grants Received | Grantivo