NonprofitsOpen Earth Foundation

Science & Technology

Open Earth Foundation

PLAYA DEL REY, CA

Total revenue

$1.2M

Total expenses

$1.5M

Net assets

$3.4M

Grants received

$2.9M

14 grants

EIN

853261449

Tax year

2024

Mission

We collaborate to create and deploy open source digital solutions for a thriving planet.

Programs

3 programs

Openearth lab - as a research and deployment climate tech nonprofit, the openearth lab is where innovation across all projects occurs. The lab supports collaboration among existing projects and is where new innovative ideas emerge that will help open earth foundation move the needle in our mission and develop new programs.

Expenses: $203K

Openclimate - openclimate is an open source and digitally integratedclimate accounting system designed to help the world achieve theemission reduction targets set by the paris agreement. Its purpose isto remove friction between different standards, reducing doublecounting and catalysing coordination towards climate goals. Wepresented the first full prototype climate accounting system at thecop26 and deployed a pilot of our openclimate platform with the british columbia government.

Expenses: $14K

We have designed a draft system for marine ecosystem credits for financing marine protected areas and have been working to create an infrastructure design that can increase conservation finance through transparent natural capital accounting in oceans, and maintain high biodiversity levels. We also have been exploring how natural capital can extend to innovations in monetary systems for nature rich global south countries. Our partnership with the united nations framework convention on climate change is supporting the design and development of the unfccc global innovation hub, or ugih.

Expenses: $3K

Financials

FY 2024

Revenue

Contributions & grants$1.2M
Program service revenue$61K
Investment income$10K
Other revenue
Total revenue$1.2M

Expenses

Grants paid
Salaries & benefits$405K
Fundraising$79K
Other expenses$1.1M
Total expenses$1.5M
Total assets$3.4M
Net assets$3.4M

People

7 listed

NameRoleCompensation

MARTIN WAINSTEIN

BOARD CHAIR/EXECUTIVE DIRE

Board

$145K

40 hrs/wk

SEAN YOUNG

DIRECTOR OF OPERATIONS

Board

$116K

40 hrs/wk

MELISSA HAUSER

SECRETARY/DIRECTOR OF PEOPLE & CULTURE

Board

$91K

40 hrs/wk

JOAQUIN VAN PEBORGH

VICE CHAIR

Board

1 hrs/wk

JEHAN CHU

BOARD MEMBER

Board

1 hrs/wk

ANGEL HSU

BOARD MEMBER

Board

1 hrs/wk

BILL MELTON

BOARD MEMBER

Board

1 hrs/wk

Grants received

Showing 14 of 14

FromAmountPurposeYear
$400K
FOR GENERAL OPERATING SUPPORT
2024
$350K
TO ADVANCE AI-DRIVEN URBAN CLIMATE ACTION AND DATA ACCESSIBILITY THROUGH THE CITYCATALYST PLATFORM.
2024
$500K
FOR GENERAL OPERATING SUPPORT
2023
$350K
TO ADVANCE AI-DRIVEN URBAN CLIMATE ACTION AND DATA ACCESSIBILITY THROUGH THE CITYCATALYST PLATFORM.
2023
$350K
TO ADVANCE AI-DRIVEN URBAN CLIMATE ACTION AND DATA ACCESSIBILITY THROUGH THE CITYCATALYST PLATFORM.
2023
$220K
CAPACITY BUILDING
2023
$8K
TO FURTHER THEIR EXEMPT PURPOSE.
2023
$5K
General & Unrestricted
2023
$215K
As one-time funding for the Independent Climate Accounting Network as part of a Request for Proposals (RFP) on "Reimagining Multilateralism"
2022
$100K
FOR SPONSORSHIP OF COP27 GLOBAL STOCKTAKE CLIMATE DATATHON
2022
$5K
General & Unrestricted
2022
$285K
As one-time funding for the Independent Climate Accounting Network as part of a Request for Proposals (RFP) on "Reimagining Multilateralism"
2021
$50K
For grant recipient's exempt purposes
2021
$50K
For grant recipient's exempt purposes
2021

Funded by

$2.9M from 7 funders · 14 grants · 2021–2024

The Patrick J Mcgovern Foundation Inc

$1.1M · 3 grants · 2023–2024

The William & Flora Hewlett Foundation

$1M · 3 grants · 2022–2024

Carnegie Corporation Of New York

$500K · 2 grants · 2021–2022

New Venture Fund

$220K · 1 grant · 2023

The Barry and Mimi Sternlicht Foundation

$10K · 2 grants · 2022–2023

Social Good Labs Incorporated

$8K · 1 grant · 2023

Details

EIN853261449
NTEE codeU30
Subsection03
Ruling date2020-11
Formed2020
Employees3
Volunteers4
OPEN EARTH FOUNDATION — Mission, Financials & Grants Received | Grantivo