CharityWatch Analysts perform an in-depth analysis of charities' audited financial statements and IRS tax filings, and often review other documents such as state filings, annual reports, and fundraising contracts during their evaluations. Below are select notes that CharityWatch believes may be of interest to donors.

Any time an Analysts' Note refers to a charity's Audited Financial Statements or IRS tax form, CharityWatch encourages interested donors to obtain a copy of the referenced documents so that they may view the information in context. Please contact the charity directly to request a copy of any referenced document. Charity tax forms and audits may also be obtained from a number of online databases. For a list of sources, please visit our LINKS page.

CharityWatch's rating for the National Wildlife Federation (NWF) also includes the financial activities of the National Wildlife Federation Endowment, which are included in the Federation's audited consolidated financial statements for the fiscal year ended August 31, 2016.

According to the Federation's consolidated audit of August 31, 2016 (Note 1, Organization):

"...The Endowment provides long-term stability by investing and preserving NWF assets. By investing in a manner consistent with NWF's mission and values, the Endowment returns a stream of income to NWF to support conservation education programs."

The financial activities of the National Wildlife Federation Action Fund are not included in CharityWatch's rating for National Wildlife Federation (NWF).

According to the Federation's consolidated audit of August 31, 2016 (Note 13, National Wildlife Federation Action Fund):

"National Wildlife Federation Action Fund (NWF Action Fund) is a [501(c)(4)] not-for-profit organization that was formed...for the purpose of conducting conservation advocacy programs..."

"Although certain NWF employees serve on NWF Acton Fund's Board of Directors, NWF officers and employees represent less than 50% of the total officers and Directors for NWF Action Fund and NWF does not control a majority of the appointments to NWF Action Fund's Board of Directors. As such, NWF does not consolidate the activities of NWF Action Fund."

"NWF provided $200 [thousand] and $258 [thousand] in grants to NWF Action Fund in the years ended August 31, 2016 and 2015, respectively. In addition, NWF Action Fund reimburses NWF for certain costs such as leased staff, benefits, miscellaneous expenses and overhead costs..."

[Note: CharityWatch does not provide a separate rating for NWF Action Fund at this time given its relatively small size. Its total contributions were approximately $528,000 for the fiscal year ended 8/31/15.]
According to the National Wildlife Federation tax filing for the fiscal year ended August 31, 2016 (IRS Form 990, Schedule J, Part III):

"Larry J. Schweiger, former President - NWF, received severance payments from NWF totalling [sic] $108,975."

The $108,975 is the total compensation reported for Larry J. Schweiger in the 2015 calendar year (IRS Form 990, Schedule J, Part II).

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