NonprofitsShell Foundation

Shell Foundation

BETHESDA, MD

Total revenue

$45.3M

Total expenses

$22.7M

Net assets

$672.2M

Grants received

$876K

1 grants

EIN

980368454

Tax year

2024

Mission

Shell foundation is a uk registered charity that enables millions of underserved people to earn a living income with clean energy access in africa and asia. It focuses on three core customer groups: smallholder farmers, urban transporters and microentrepreneurs. These three segments represents the largest number of people whose income can be materially increased through clean energy.

Programs

2 programs

Microentrepreneurs: urban, peri-urban and rural micro-enterprise owners engaged in the smallscale provision of goods and services for whom reliable and appropriate power can contribute to longer opening hours, lower costs, with net income increase.

Expenses: $4.5MGrants: $3.0M

Urban transporters: movers of people and goods whose income can increase by as much as 35% by shifting to electric vehicles from petrol or diesel vehicles.

Expenses: $2.9MGrants: $955K

Financials

FY 2024

Revenue

Contributions & grants$26.1M
Program service revenue
Investment income$19.2M
Other revenue
Total revenue$45.3M

Expenses

Grants paid$8.4M
Salaries & benefits$6.3M
Fundraising
Other expenses$8.0M
Total expenses$22.7M
Total assets$697.1M
Net assets$672.2M

People

19 listed

NameRoleCompensation

MR JONATHAN BERMAN

CHIEF EXECUTIVE OFFICER

Board

$448K

40 hrs/wk

MR RICHARD GOMES

CHIEF PROGRAMME OFFICER

Board

$291K

40 hrs/wk

MS RACHEL SINGH DAVIES

CFO AND COMPANY SECRETARY

Board

$279K

40 hrs/wk

MS GAIL KLINTWORTH

TRUSTEE - CHAIR

Board

$32K

1 hrs/wk

Mr Nicholas Voges

Chief Financial and Operating Officer

Board

40 hrs/wk

MS VINITA BALI

TRUSTEE

Board

1 hrs/wk

MR HUIBERT HANS VIGEVENO

TRUSTEE

Board

1 hrs/wk

Mr Jack Ngare

Trustee

Board

1 hrs/wk

Mr Parminder Kohli

Trustee

Board

1 hrs/wk

Mr Paul Simpson

Trustee

Board

1 hrs/wk

MS ALICE CHAPPLE

TRUSTEE (END DECEMBER 2024)

Board

1 hrs/wk

MS OLUFUNKE OLAYEMI OPEKE

TRUSTEE

Board

1 hrs/wk

MS SINEAD CAITLIN LYNCH

TRUSTEE

Board

1 hrs/wk

MR GRZEGORZ LUKASZ GUT

TRUSTEE

Board

1 hrs/wk

MS MEERA SHAH

PORTFOLIO LEAD FARMERS

Staff

$249K

40 hrs/wk

MR NICHOLAS JONES

MARKET DEVELOPMENT MANAGER

Staff

$213K

40 hrs/wk

MS EMMA STEPHENSON

PORTFOLIO LEAD TRANSPORTERS

Staff

$207K

40 hrs/wk

MR WILLIAM SUMNER

FINANCE MANAGER

Staff

$201K

40 hrs/wk

Ms Tanya Kothari

Portfolio Lead Micro-entrepreneurs

Staff

$188K

40 hrs/wk

Grants received

Showing 1 of 1

FromAmountPurposeYear
$876K
EMPOWER WOMEN AND GIRLS
2024

Funded by

$876K from 1 funder · 1 grant · 2024

Gates Foundation

$876K · 1 grant · 2024

Details

EIN980368454
Subsection04
Ruling date2004-07
Formed2000
Employees1
Volunteers8
SHELL FOUNDATION — Mission, Financials & Grants Received | Grantivo