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Resources for the Future

CharityWatch rating issued
May 2024

 
CharityWatch Rating
risk WARNING: See Analysts’ Notes
 

Contact Information

Resources for the Future
1616 P Street, NW
Washington, DC 20036

Other Names

RFF

Tax Status

501(c)3

Website

www.rff.org

Stated Mission

To improve environmental, energy, and natural resource decisions through impartial economic research and policy engagement.

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Data based on Fiscal Year Ended 09/30/2022

*Why a Question Mark Rating?

CharityWatch currently has concerns about this organization and/or is unable to provide complete rating information due to the organization's nondisclosure of financial information. Please see the Analysts' Notes section for a more detailed explanation.


Governance & Transparency

CharityWatch evaluates certain criteria related to a charity's Governance and Transparency. Donors may want to consider a charity's willingness to be open and transparent with CharityWatch to be a good litmus test for determining its commitment to public accountability.
Resources for the Future
meets governance benchmarks.
 
Resources for the Future
meets transparency benchmarks.
Transparency
Provides Financial Information
Audit Accessibility
Governance: Policies
Reports regularly & consistently monitoring & enforcing compliance with a written Conflict of Interest Policy
Reports required, annual disclosure by officers, directors, and key staff of interests that could give rise to conflicts
Reports having a written Whistleblower Policy
Reports having a written Document Retention and Destruction Policy
Governance: Financials
Reports providing copy of tax form to all board members prior to filing it with IRS
Reports that financial statements were audited by an independent accountant
Governance: Board of Directors
Reports at least 5 voting board members
51% or more of voting board members reported as independent
Reports documenting minutes of board and board committee meetings
Privacy Policy
Privacy Policy No Sharing  

  Name Title Compensation
1 Richard Newell President / CEO $532,472
2 Raymond Kopp Past VP, Research and Policy Engineering $323,846
3 Alan Krupnick Senior Fellow $323,077
1
Name: Richard Newell
Title: President / CEO
Compensation: $532,472
2
Name: Raymond Kopp
Title: Past VP, Research and Policy Engineering
Compensation: $323,846
3
Name: Alan Krupnick
Title: Senior Fellow
Compensation: $323,077

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.

CharityWatch has issued Resources for the Future (RFF) a "?" rating for its fiscal year ended 9/30/2022 due to our specific concerns related to aspects of the charity's financial reporting.

Specifically:

CharityWatch analyzed the fiscal 2022 tax Form 990 and audited financial statements of RFF and contacted the organization via email in January and February 2024, with questions about its financial reporting. As of April 30, 2024, the charity has not responded. As a result, CharityWatch is unable to conduct a meaningful evaluation of RFF to determine its program and fundraising efficiency and assign it a letter grade rating. 

In a January 2nd, 2024 email to the Director of Finance and Accounting, Jessica Roper, we asked the charity to provide some clarification about expense allocation differences between the audited financial statements and tax form 990. Specifically, we asked for an explanation of the 990 allocating $1,448,152 more to Program Expenses and $1,397,208 and $50,943 less to Management & General Expenses and Fundraising Expenses, respectively. While RFF may have reasonable justification for differences in line item reporting between its Form 990 and audit, it did not provide one to CharityWatch when asked. CharityWatch analyzes allocation differences between the 990 and audited financial statements to determine an accurate letter grade rating for our donors. In the absence of such information, we are unable to confidently compute a rating for RFF. 

Should RFF provide information to CharityWatch at a future date that will allow us to complete a meaningful evaluation of its financial activities for fiscal 2022 or a future year, we may update the charity's rating at that time. 


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