NonprofitsCroatan Institute

Environment

Croatan Institute

DURHAM, NC

Total revenue

$1.2M

Total expenses

$1.7M

Net assets

$21K

Grants received

$2.8M

47 grants

EIN

463673347

Tax year

2024

Mission

To build social equity and ecological resilience by leveraging finance to create a just economy

Programs

2 programs

Social equity - croatan institute welcomed over 30 farmers, technical assistance providers, and investors to the inaugural farmer stakeholder meeting in north carolina to provide direct one-on-one support and access to new programs to support farmers and landowners' needs. Led 6th cohort of underserved farmers in north carolina, which included an in-person workshop day centered on personal financial security. Built the farmwise hub, a virtual platform offering free, online workshops along with one-to-one financial coaching to assist underserved farmers, ranchers, and landowners build strong financial systems that lead to greater resilience and improved access to wealth-building opportunities. Developed the north carolina equitable foodshed map, a resource to support farmers seeking technical assistance and financial support. Compiled a collection of usda resources and built an agritourism directory of small and underserved farms for the farmwise platform.

Expenses: $415KGrants: $750

Transformative finance - croatan institute released a new raiser (research, action, and insights for social and environmental returns) tool to highlight the institute's rigorous investment research, including a powerful database of investable products across asset classes. Launched two publicly available datasets on the institute's website - a food and agriculture investment dataset highlighting investible opportunities advancing sustainable and regenerative agriculture, and a racial equity investing dataset highlighting investible products and advisors advancing equitable outcomes for communities and entrepreneurs of color. Hosted the blaise program's virtual learning week with over 80 student participants representing nearly fifty universities and colleges to learn from and network with twenty-eight industry leaders in the impact investing space.

Expenses: $410K

Financials

FY 2024

Revenue

Contributions & grants$995K
Program service revenue$172K
Investment income$35K
Other revenue$499
Total revenue$1.2M

Expenses

Grants paid$750
Salaries & benefits$1.2M
Fundraising$81K
Other expenses$461K
Total expenses$1.7M
Total assets$1.6M
Net assets$21K

People

10 listed

NameRoleCompensation

JOSHUA HUMPHREYS

PRESIDENT/CHAIR, SENIOR FELLOW

Board

$141K

40 hrs/wk

CHRISTI ELECTRIS

ED, SR. FELLOW, AND BOARD DIRECTOR

Board

$127K

40 hrs/wk

SHARLENE BROWN

TREASURER (THRU NOV), SENIOR FELLOW

Board

$113K

30 hrs/wk

ANNA ASPENSON

DIRECTOR, SENIOR ASSOCIATE

Board

$77K

40 hrs/wk

ABRAHAM JONES

VICE PRESIDENT

Board

0.5 hrs/wk

DAVID SAND

TREASURER (AS OF DECEMBER)

Board

0.75 hrs/wk

WILLIAM J BARBER III

DIRECTOR

Board

0.5 hrs/wk

GERARDO ESPINOZA

DIRECTOR

Board

0.5 hrs/wk

MASIKA HENSON

DIRECTOR

Board

0.5 hrs/wk

LISA WOLL

DIRECTOR

Board

0.5 hrs/wk

Grants received

Showing 47 of 47

FromAmountPurposeYear
$175K
TO SUPPORT EDUCATION AND OUTREACH TO BUILD A CLEAN ENERGY FUTURE.
2024
$125K
WORKING TOWARDS A RESILIENT AND EQUITABLE FOOD SYSTEM
2024
$120K
REGENERATIVE ORGANIC AGRICULTURAL DISTRICTS (ROADS) ACROSS NORTH CAROLINA PROJECT, RURAL BEACON INITIATIVE FREE UNION FARM SUSTAINABILITY HUBS PROJECT
2024
$106K
ENVIRONMENTAL PROGRAMS
2024
$100K
FOR RURAL BEACON INITIATIVE'S FREE UNION FARM REGENERATIVE SUSTAINABILITY HUB AND SEED SANCTUARY PROJECT.
2024
$75K
REEFS PROGRAM OPERATING SUPPORT
2024
$10K
SUPPORTING GRANT
2024
$250K
Regenerative Agriculture finance
2023
$110K
WORKING TOWARDS A RESILIENT AND EQUITABLE FOOD SYSTEM
2023
$100K
RACIAL EQUITY, ECONOMICS, FINANCE, AND SUSTAINABILITY (REEFS)
2023
$100K
ENVIRONMENTAL PROGRAMS
2023
$100K
FOR RURAL BEACON INITIATIVE'S FREE UNION FARM REGENERATIVE SUSTAINABILITY HUB AND SEED SANCTUARY PROJECT.
2023
$100K
RACIAL EQUITY, ECONOMICS, FINANCE, AND SUSTAINABILITY (REEFS)
2023
$75K
Alliances & Advocacy
2023
$50K
REGENERATIVE ORGANIC AGRICULTURAL DISTRICTS (ROADS) ACROSS NORTH CAROLINA PROJECT
2023
$30K
SUPPORT FOR RURAL BEACON INITIATIVE
2023
$25K
OPERATING FUND AND GENERAL ASSISTANCE
2023
$21K
PROMOTING SOUND FARMING PRACTICES/KEEPING FARMERS ON THE LAND
2023
$15K
STANDARD
2023
$5K
SUBGRANTS IMPLEMENTED BASED ON FUNDER REQUIREMENTS
2023
$5K
Charitable Event
2023
$100K
RACIAL EQUITY, ECONOMICS, FINANCE, AND SUSTAINABILITY (REEFS)
2022
$100K
URSA COLLECTIVE SUPPORT
2022
$100K
PESTICIDE DETECTION AND ACTION
2022
$95K
STANDARD
2022
$65K
WORKING TOWARDS A RESILIENT AND EQUITABLE FOOD SYSTEM
2022
$50K
REGENERATIVE ORGANIC AGRICULTURAL DISTRICTS (ROADS) ACROSS NORTH CAROLINA PROJECT
2022
$50K
TO SUPPORT ENVIRONMENTAL PROJECTS.
2022
$25K
GRANT - TO SUPPORT THE CHARITABLE ENVIRONMENTAL MISSION, ACTIVITIES AND OPERATIONS OF THE RECIPIENT ORGANIZATION
2022
$10K
URSA COLLECTIVE
2022
$6K
For grant recipient's exempt purposes
2022
$75K
REGENERATIVE AGRICULTURE PROGRAM
2020
$60K
RACIAL EQUITY, ECONOMICS, FINANCE, AND SUSTAINABILITY (REEFS)
2020
$25K
SUPPORT FOR STRATEGIC PLANNING
2020
$16K
AGROECOLOGICAL ENTERPRISE CAPITAL NEEDS.
2020
$15K
PROJECT PARTNER/CONSULTANT
2020
$8K
FOR GENERAL OPERATING SUPPORT
2020
$2K
TIFS LAUNCH
2020
$130K
TO SUPPORT ENVIRONMENTAL PROJECTS.
2019
$24K
PROJECT PARTNER/CONSULTANT
2019
$25K
For grant recipient's exempt purposes
2018
$53K
PROJECT PARTNER/CONSULTANT
2017

Funded by

$2.8M from 28 funders · 47 grants · 2017–2024

The Nathan Cummings Foundation Inc

$360K · 4 grants · 2020–2023

Waverley Street Foundation

$325K · 2 grants · 2020–2023

The Schmidt Family Foundation

$300K · 3 grants · 2022–2024

Z Smith Reynolds Foundation Inc

$220K · 3 grants · 2022–2024

Windward Fund

$206K · 2 grants · 2023–2024

The David Rockefeller Fund Inc

$200K · 2 grants · 2023–2024

Patagoniaorg

$180K · 2 grants · 2019–2022

United States Energy Foundation

$175K · 1 grant · 2024

Details

EIN463673347
NTEE codeC30
Subsection03
Ruling date2014-10
Formed2013
Employees14
Volunteers36
CROATAN INSTITUTE — Mission, Financials & Grants Received | Grantivo