Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Nov 2015.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Where the money goes
98 cents of each dollar spent went to programs.
Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.
Something off? Claim to add context
Who runs it and what they're paid
5 people listed on the 990.
Questions the 990 asks
The form asks each of these directly. These are the filed answers.
- Family or business ties among officersPt VI · Ln 2No
- Top official's pay set by an independent reviewPt VI · Ln 15aYes
Programs and updates
Funds research and development for circular economy technologies and business models.
Questions for Closed Loop Foundation
Your first name shows with your question. Closed Loop Foundation answers here, for everyone.
Closed Loop Foundation and The Center for the Circular Economy envisions a future where post-use plastics are reused or transformed into valuable building blocks for new materials. To address the barriers to scaling advanced recycling in North America, we have launched an 11-month project to publish an advanced recycling Investor and…
Supporting recycling workers thru covid assistance and supplies
The Closed Loop Foundation (CL Foundation) is an independent 501(c)(3) supported by Closed Loop Partners that is building an investment strategy to advance recycling infrastructure in Puerto Rico.
Funders
Who pays for it.
From grant filings on record. Receipts are incomplete: individual donors are never listed.
Grants
By the numbers
The FY2020 990, line by line.
Download 990
| Line | Start FY20 | End FY20 |
|---|---|---|
| Cash and savingsLn 1–2 | $342K | $318K |
| InvestmentsLn 11–13 | $0 | |
| Land, buildings, equipmentLn 10c | $0 | |
| Total assetsLn 16 | $342K | $318K |
| LiabilitiesLn 26 | $20K | $0 |
| Net assetsLn 32 | $322K | $318K |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Grants to domestic organizationsLn 1 | $738K | $738K | ||
| Grants to domestic individualsLn 2 | $0 | |||
| Grants and assistance to foreign recipientsLn 3 | $0 | |||
| Benefits paid to or for membersLn 4 | $0 | |||
| Pay of officers and key staff (Part IX, line 5)Ln 5 | $0 | |||
| Pay of disqualified personsLn 6 | $0 | |||
| Other salaries and wagesLn 7 | $0 | |||
| Pension plan contributionsLn 8 | $0 | |||
| Other employee benefitsLn 9 | $0 | |||
| Payroll taxesLn 10 | $0 | |||
| Management feesLn 11a | $0 | |||
| Legal feesLn 11b | $0 | |||
| Accounting feesLn 11c | $16K | $16K | ||
| Lobbying feesLn 11d | $0 | |||
| Professional fundraising feesLn 11e | $0 | |||
| Investment management feesLn 11f | $0 | |||
| Other fees for servicesLn 11g | $0 | |||
| Advertising and promotionLn 12 | $0 | |||
| Office expensesLn 13 | $0 | |||
| Information technologyLn 14 | $0 | |||
| RoyaltiesLn 15 | $0 | |||
| OccupancyLn 16 | $0 | |||
| TravelLn 17 | $0 | |||
| Travel and entertainment for public officialsLn 18 | $0 | |||
| Conferences, conventions and meetingsLn 19 | $0 | |||
| InterestLn 20 | $0 | |||
| Payments to affiliatesLn 21 | $0 | |||
| Depreciation, depletion and amortizationLn 22 | $0 | |||
| InsuranceLn 23 | $1K | $1K | ||
| Other expenses (24a–d)Ln 24 | $1K | $989 | $480 | |
| All other expensesLn 24e | $0 | |||
| Total functional expensesLn 25 | $757K | $739K | $17K | $0 |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2024 LatestFiled with the IRS Jan 15, 2026 | $103K | $301K | 990 PDF | ||
| FY2023Filed with the IRS Nov 8, 2024 | $152K | $306K | 990 PDF | ||
| FY2022Filed with the IRS Nov 7, 2023 | $400K | $401K | −$901 | $305K | 990 PDF |
| FY2021Filed with the IRS Nov 15, 2022 | $150K | $306K | 990 PDF | ||
| FY2020 ViewingFiled with the IRS Nov 12, 2021 | $752K | $757K | −$4K | $318K | 990 PDF |
Schedules filed Part IV
See the full FY2020 990
Part I · Summary $752,500 revenue, 12 lines filed
Part VI · Governance 2 of 5 board members independent, no flags
Part VIII · Statement of revenue $752,500 across 8 lines filed
Part IX · Statement of functional expenses $756,689 across 31 lines filed
Part X · Balance sheet $318,302 assets, 20 lines filed
Part XI · Reconciliation of net assets $318,302 net assets at year end
Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File
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