| Entity | Document Type | Tax ID |
|---|---|---|
| The Conservation Fund, a Nonprofit Corporation and Affiliates | Consolidated Audited Financial Statements | Multiple |
| The Conservation Fund, a Nonprofit Corporation | IRS Form 990 | 52-1388917 |
| Sustainable Conservation | IRS Form 990 | 94-3232437 |
| Sustainable Conservation | Audited Financial Statements | 94-3232437 |
| Sustainable Conservation | Government Grants as submitted to the California Department of Justice | 94-3232437 |
|
Entity: The Conservation Fund, a Nonprofit Corporation and Affiliates Document Type: Consolidated Audited Financial Statements Tax ID: Multiple |
|
Entity: The Conservation Fund, a Nonprofit Corporation Document Type: IRS Form 990 Tax ID: 52-1388917 |
|
Entity: Sustainable Conservation Document Type: IRS Form 990 Tax ID: 94-3232437 |
|
Entity: Sustainable Conservation Document Type: Audited Financial Statements Tax ID: 94-3232437 |
|
Entity: Sustainable Conservation Document Type: Government Grants as submitted to the California Department of Justice Tax ID: 94-3232437 |
| Name | Title | Compensation | |
|---|---|---|---|
| 1 | Lawrence A. Selzer | CEO / President | $836,713 |
| 2 | John S. Gilbert | EVP / CFO | $522,331 |
| 3 | Dean H. Cannon | EVP / General Counsel | $509,985 |
|
1 Name: Lawrence A. Selzer Title: CEO / President Compensation: $836,713 |
|
2 Name: John S. Gilbert Title: EVP / CFO Compensation: $522,331 |
|
3 Name: Dean H. Cannon Title: EVP / General Counsel Compensation: $509,985 |
CharityWatch's rating of The Conservation Fund also includes the financial activities of the affiliates consolidated in The Fund's audited financial statements for the year ended December 31, 2024. All intercompany accounts and transactions have been eliminated in the audited consolidated financial statements. |
According to The Conservation Fund and Affiliates combined audit of December 31, 2024 (Note 17, Subsequent Event) [amounts in thousands, as noted]: "Subsequent to year-end, President Trump signed several Executive Orders (EOs) that impact U.S. federal financial assistance programs. Federal agencies are required to review their programs to ensure compliance with the President's EOs and to determine if the funding being provided falls under any of the EOs. During the year ended December 31, 2024, the Fund recognized federal financial assistance totaling approximately [$9,280,000]. The Fund has experienced issues with the collectability of its receivables on two awards where payments are on hold, totaling [$195,000] of year-end receivables. Two open awards have been paused, but the Fund has not experienced a termination of any existing federal grants or contracts as a result of the EOs. The Fund has not yet seen Federal funding impacts associated with land dispositions. As of the date of this report, the full impact of President Trump's EOs on the Fund’s financial position and results of operations is uncertain. Management is actively monitoring the situation and assessing the potential effects on the Fund’s consolidated financial statements." |
According to The Conservation Fund 2024 tax filing, The Fund reports re: Compensation, Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees (IRS Form 990, Schedule J, Part II): The Fund reports providing "bonus & incentive compensation" during 2024 to fourteen individuals. Lawrence A. Selzer, President & CEO, received $244,000 of bonus and incentive compensation, with total reported compensation of $836,713. The remaining thirteen individuals received between $26,000 to $150,000, with total reported compensation ranging from $191,015 to $522,331. |
According to the Conservation Fund 2024 tax filing, the Fund reports re: Business Transactions Involving Interested Persons, a transaction in the amount of $6,000,000 involving a Substantial Contributor. The transaction is described as: "TCF purchased land for conservation purposes through a bargain sale contract..." (IRS Form 990, Schedule L, Parts IV & V). |
According to the Conservation Fund 2024 tax filing: "Board Members, Charles Cherington and Shameek Konar, have a business relationship" (IRS Form 990, Schedule O re: Form 990, Part VI, Section A, line 2). Both are reported as Directors of the Fund (IRS Form 990, Part VII, Section A). The Fund reports having nineteen voting members on its governing body at the end of 2024, with all nineteen members being reported as independent (IRS Form 990, Part VI, Section A, lines 1a & 1b). |
