NonprofitsMicronesia Conservation Trust

Environment

Micronesia Conservation Trust

POHNPEI, FM

Total revenue

$6.6M

Total expenses

$4.7M

Net assets

$34.5M

Grants received

$1.3M

6 grants

EIN

986062277

Tax year

2024

Mission

We make grants and strengthen organizational and leadership capacity to help Micronesian communities and decision-makers conserve the health of the oceans and islands that are our home.

Programs

2 programs

Capacity-Building and Livelihoods Program: The MCT Capacity-Building Program currently supports the executive leadership and management of the regions NGOs and government line agencies through the Micronesians in Island Conservation MIC peer-learning network as well as their technical staff through the Pacific Islands Managed and Protected Areas Community (PIMPAC). MCT coordinates these two peer-learning networks. The Capacity-Building Program also coordinates its activities with those of the Conservation Program, regularly monitoring projects and providing on-the-spot assistance with project management. MIC is an initiative for emerging conservation pioneers as well as established champions within both the NGO and government sectors. PIMPAC provides continuous opportunities for sharing of information expertise and best practices and experience to develop and strengthen area-based management capacity throughout the Pacific Region. The Capacity-Building Program also administers scholarship and area-based management capacity throughout the Pacific Region. Livelihoods support activities include support for sustainable livelihoods and food security training and project activities.

Expenses: $233K

Administration, Finance, and Human Resources Program: The Administration and Finance, staff provides administrative and financial management support to the Conservation and Capacity-Building Programs. MCTs financial management system is comprised of accounting records and a series of processes and procedures assigned to staff Board of Trustees and outside professionals. The goals of MCTs systems are to ensure that financial data and transactions are properly entered into the accounting records and that reports are prepared accurately and in a timely fashion. MCTs financial management policies are procedures that provide assurance that assets are used solely for the benefit of the organization and not for personal or other gain, and that donated funds are used for the purposes which donors intended as specified in grant agreements. Internal controls help ensure operational efficiency and prevent the intentional or misguided use of funds for unauthorized purposes. The Administration and Finance Program also includes the Human Resources functions of the organization. MCT is also accredited to serve as the National Implementing Entity of the Adaption Fund for the FSM and as a Direct Access Implementing Entity for the Green Climate Fund for the FSM, RMI, and ROP. The MCT administration and Finance Program is responsible for ensuring that MCT administrative functions and project management systems meet the highest international standard.

Expenses: $426K

Financials

FY 2024

Revenue

Contributions & grants$4.3M
Program service revenue
Investment income$2.3M
Other revenue
Total revenue$6.6M

Expenses

Grants paid$2.0M
Salaries & benefits$727K
Fundraising
Other expenses$1.9M
Total expenses$4.7M
Total assets$37.5M
Net assets$34.5M

People

10 listed

NameRoleCompensation

Dr Austin Shelton

Chairperson

Board

2 hrs/wk

Janice Castro

Vice Chairman

Board

2 hrs/wk

Pamela Seeto

Secretary

Board

2 hrs/wk

Elbuchel Sadang

Treasurer

Board

1 hrs/wk

Ana Maria Won Pat-Borja

Regional Trustee

Board

1 hrs/wk

Glen Joseph

Regional Trustee

Board

1 hrs/wk

Roxanne Siual Blesam

Regional Trustee

Board

1 hrs/wk

Yota Oue

Regional Trustee

Board

1 hrs/wk

Shusaku Minoda

International Trustee

Board

1 hrs/wk

Trina Leberer

Honorary Trustee

Board

1 hrs/wk

Grants received

Showing 6 of 6

FromAmountPurposeYear
$415K
COMMUNITY-BASED CONSERVATION AND NATURAL RESOURCE MANAGEMENT ACROSS MICRONESIA
2024
$435K
BUILD ON SUCCESS TO MEET CHALLENGE 2030 GOALS
2023
$500
IN SUPPORT OF THE BILL RAYNOR MICRONESIA CHALLENGE SCHOLARSHIP FUND.
2022
$400K
SUPPORT FOR CONSERVATION GOALS IN MICRONESIA
2020
$50K
CONSERVATION AND SCIENCE
2020
$20K
OCEAN CONSERVATION
2020

Funded by

$1.3M from 4 funders · 6 grants · 2020–2024

Margaret A Cargill Foundation

$1.3M · 3 grants · 2020–2024

Waitt Foundation

$20K · 1 grant · 2020

Details

EIN986062277
NTEE codeC12
Subsection03
Ruling date2010-07
Formed2002
Employees0
Volunteers0
MICRONESIA CONSERVATION TRUST — Mission, Financials & Grants Received | Grantivo