Nonprofits›Spruce Root Inc

Community Improvement & Capacity Building

Spruce Root Inc

JUNEAU, AK

WebsiteView as a funder

Total revenue

$12.1M

Total expenses

$5.0M

Net assets

$33.7M

Grants received

$15.8M

66 grants

EIN

454295940

Tax year

2024

Mission

Spruce root drives regenerative economies across southeast alaska so communities can forge futures grounded in this uniquely indigenous place.

Programs

2 programs

Lending activities were executed and significant efforts were committed to secure additional funding to increase available capital for lending to eligible borrowers.

Expenses: $444KGrants: $7K

The path to prosperity / business and client services program is a suite of progrrams including a business competition that promotes entrepreneurial activities (technical assistance) in its target communities. Over 350 businesses have participated in the program to date.

Expenses: $961KGrants: $221K

Financials

FY 2024

Revenue

Contributions & grants$10.6M
Program service revenue$427K
Investment income$802K
Other revenue$222K
Total revenue$12.1M

Expenses

Grants paid$908K
Salaries & benefits$2.3M
Fundraising$288K
Other expenses$1.9M
Total expenses$5.0M
Total assets$38.8M
Net assets$33.7M

People

10 listed

NameRoleCompensation

ALANA PETERSON

EXECUTIVE DIRECTOR

Board

$158K

35 hrs/wk

ANTHONY MALLOTT

BOARD MEMBER, TREASURER

Board

—

0.5 hrs/wk

LA QUEN NAAY TSIITS GIT ANEE

BOARD MEMBER, FINANCE COMMITTEE, SSP STEERING COMM

Board

—

0.5 hrs/wk

LESLIE ISAACSS

CHAIR

Board

—

0.5 hrs/wk

ROBERT ALLEN

BOARD MEMBER, SENIOR LOAN ADVISORY COMMITTEE

Board

—

0.5 hrs/wk

SARAH DYBDAHL

BOARD MEMBER, SENIOR LOAN ADVISORY COMMITTEE

Board

—

0.5 hrs/wk

CHRIS PEREZ

PRESIDENT, FINANCE COMMITTEE

Board

—

0.5 hrs/wk

JOE NELSON

SECRETARY, SSP STEERING COMMITTEE

Board

—

0.5 hrs/wk

LAUREL STARK

FINANCE DIRECTOR

Staff

$121K

35 hrs/wk

ASHLEY SNOOKES

CLIENT SERVICES DIRECTOR

Staff

$103K

35 hrs/wk

Independent contractors

REOS US INC

TRANSFORMATIVE SCENARIOS PLANNING

$315K

Grants received

Showing 66 of 66

FromAmountPurposeYear
GS DONOR ADVISED PHILANTHROPY FUND
$6M
MEDICAL / PUBLIC SERVICES
2024
NDN COLLECTIVE INC
$540K
JUSTICE40 FUND - PROJECT SUPPORT
2024
OPPORTUNITY FINANCE NETWORK
$500K
OPERATING GRANT
2024
NEW VENTURE FUND
$100K
ENVIRONMENTAL PROGRAMS
2024
Tortuga Charitable Foundation
$50K
Charitable
2024
JUNEAU COMMUNITY FOUNDATION
$40K
CULTURAL PROGRAMS
2024
IMPACTASSETSINC
$30K
GENERAL SUPPORT
2024
M J MURDOCK CHARITABLE TRUST
$28K
NEW FINANCE STAFF
2024
RASMUSON FOUNDATION
$600
GENERAL SUPPORT
2024
RASMUSON FOUNDATION
$1M
SEACOAST TRUST ENDOWMENT
2023
HOME PLANET FUND
$1M
GENERAL AND PROJECT SUPPORT FOR CLIMATE CHANGE SOLUTIONS
2023
MARGARET A CARGILL FOUNDATION
$800K
SPRUCE ROOT CLIMATE RESILIENCE PROJECT
2023
OPPORTUNITY FINANCE NETWORK
$500K
FINANCE JUSTICE FUND SUBGRANT
2023
WILBURFORCE FOUNDATION
$110K
ENVIRONMENTAL - SEACOAST TRUST STRATEGIC COMMUNICATIONS
2023
THE PETERFFY FOUNDATION INC
$80K
TO SUPPORT THE RESILIENCE CIRCLES SPONSORED BY SPRUCE ROOT
2023
M J MURDOCK CHARITABLE TRUST
$71K
IMPROVING SPRUCE ROOT FINANCIAL MANAGEMENT AND SERVICES
2023
GEOFAMILY FOUNDATION
$50K
INDIGENOUS COMMUNITY DEVELOPMENT
2023
THE NATURE CONSERVANCY
$50K
CONSERVATION ACTIVITIES
2023
ALASKA CONSERVATION FOUNDATION
$43K
COASTAL RESILIENCE
2023
Tortuga Charitable Foundation
$20K
GENERAL CHARITABLE PURPOSES
2023
RASMUSON FOUNDATION
$20K
STUDY OF THE IMPACTS OF FISHING RIGHTS MONETIZATION
2023
THE AVISTA FOUNDATION
$15K
Start-up Business Training Programs
2023
RASMUSON FOUNDATION
$5K
SEACOAST TRUST
2023
RASMUSON FOUNDATION
$500
GENERAL SUPPORT
2023
CALIFORNIA COMMUNITY FOUNDATION
$1.1M
ECONOMIC OPPORTUNITY
2022
THE WILLIAM & FLORA HEWLETT FOUNDATION
$700K
FOR THE SEACOAST TRUST
2022
NEW VENTURE FUND
$505K
ENVIRONMENTAL PROGRAMS
2022
WILBURFORCE FOUNDATION
$250K
ENVIRONMENTAL
2022
OPPORTUNITY FINANCE NETWORK
$100K
OFN CDFI TECH GRANT PROGRAM SUPPORTED BY GOOGLE.ORG
2022
NATIONAL FISH AND WILDLIFE FOUNDATION
$45K
COMMUNITY STEWARDSHIP
2022
M J MURDOCK CHARITABLE TRUST
$43K
NEW FINANCE STAFF
2022
The Alaska Community Foundation
$29K
Operational Support
2022
PATAGONIAORG
$25K
TO SUPPORT ENVIRONMENTAL PROJECTS.
2022
OWEESTA CORPORATION
$11K
MATCHING GRANT
2022
RASMUSON FOUNDATION
$10K
GENERAL SUPPORT
2022
THE AVISTA FOUNDATION
$10K
Path to Prosperity
2022
THE WILLIAM & FLORA HEWLETT FOUNDATION
$8K
FOR THE SEACOAST TRUST
2022
RASMUSON FOUNDATION
$1K
GENERAL SUPPORT
2022
CALIFORNIA COMMUNITY FOUNDATION
$150K
ENVIRONMENT
2021
FLOCK INC
$100K
PROGRAM/PROJECT SUPPORT
2021
OWEESTA CORPORATION
$75K
MATCHING GRANT
2021
OPPORTUNITY FINANCE NETWORK
$25K
NATIVE CDFI SEED CAPITAL AWARD GRANT
2021
THE NATURE CONSERVANCY
$12K
CONSERVATION ACTIVITIES
2021
EVERGREEN BUSINESS CAPITAL FOUNDATION
$10K
CHARITY SUPPORT
2021
THE AVISTA FOUNDATION
$10K
Path to Prosperity Programs
2021
WK Kellogg Foundation
$230K
support community engagement, access to capital, and narrative change through the continuation of the Sustainable Southeast Partnership
2020
NDN COLLECTIVE INC
$115K
COVID-19 RESPONSE
2020
NATIONAL FOREST FOUNDATION
$100K
SUPPORT US NATIONAL FORESTS AND GRASSLANDS
2020
CALIFORNIA COMMUNITY FOUNDATION
$75K
ENVIRONMENT
2020
FIDELITY INVESTMENTS CHARITABLE GIFT FUND
$40K
For grant recipient's exempt purposes
2020
LOCAL INITIATIVES SUPPORT CORPORATION
$30K
SEE PART IV
2020
RASMUSON FOUNDATION
$25K
OPERATIONAL SUPPORT IN JUNEAU
2020
RASMUSON FOUNDATION
$25K
OPERATIONAL SUPPORT IN JUNEAU
2020
EVERGREEN BUSINESS CAPITAL FOUNDATION
$10K
Charity support
2020
OWEESTA CORPORATION
$8K
UBS Sub Grant
2020
RASMUSON FOUNDATION
$5K
GENERAL SUPPORT
2020
RASMUSON FOUNDATION
$5K
GENERAL SUPPORT
2020
WK Kellogg Foundation
$170K
support community engagement, access to capital, and narrative change through the continuation of the Sustainable Southeast Partnership
2019
NATIONAL FISH AND WILDLIFE FOUNDATION
$135K
BUILDING COMMUNITY RESILI
2019
CALIFORNIA COMMUNITY FOUNDATION
$75K
Environment
2019
NATIONAL FOREST FOUNDATION
$64K
SUPPORT US NATIONAL FORESTS AND GRASSLANDS
2019
THE NATURE CONSERVANCY
$35K
CONSERVATION ACTIVITIES
2019
OWEESTA CORPORATION
$101K
Travel (professional development) and lending capital
2018
THE NATURE CONSERVANCY
$60K
Conservation Activities
2018
ALASKA CONSERVATION FOUNDATION
$227K
Sustainability, Reg Catalyst, Position Support
2017
THE NATURE CONSERVANCY
$60K
Conservation Activities
2017

Funded by

$15.8M from 29 funders · 66 grants · 2017–2024

California Community Foundation

$1.4M · 4 grants · 2019–2022

Opportunity Finance Network

$1.1M · 4 grants · 2021–2024

Rasmuson Foundation

$1.1M · 11 grants · 2020–2024

Home Planet Fund

$1M · 1 grant · 2023

Margaret A Cargill Foundation

$800K · 1 grant · 2023

Ndn Collective Inc

$655K · 2 grants · 2020–2024

Details

EIN454295940
NTEE codeS30
Subsection03
Ruling date2013-02
Formed2012
Employees24
Volunteers7
SPRUCE ROOT INC — Mission, Financials & Grants Received | Grantivo