American Forest Foundation: FY2021 Nonprofit Profile & Form 990 (EIN 52-1235124)

Revenue by fiscal year
FY2020	$11.4M
FY2021	$70.0M
FY2022	$11.7M
FY2023	$11.3M
FY2024	$20.3M

Expenses by fiscal year
FY2020	$17.8M
FY2021	$22.5M
FY2022	$27.2M
FY2023	$28.5M
FY2024	$31.3M

Net assets by fiscal year
FY2020	$169.7M
FY2021	$183.7M
FY2022	$146.4M
FY2023	$137.6M
FY2024	$133.5M

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Apr 1994.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

85 cents of each dollar spent went to programs.

85%

Program services 85% · $19.2M Management & general 11% · $2.5M Fundraising 4% · $854K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Something off? The org can add a note here. Claim this org to fix it.

Who runs it and what they're paid

28 people listed on the 990; $1.8M paid to officers and key staff.

Part VII, Section A · reportable compensation

Thomas D Martin

President & CEO

$346,148Pt VII · Sec A

Rita Hite

EVP Woodlands and Policy

$279,876Pt VII · Sec A

Monica Poveda

VP, Finance & Administrati

$203,996Pt VII · Sec A

Glynnis M Breen

Chief Marketing and Communications Officer

$191,717Pt VII · Sec A

Nathan Truitt

Senior VP Business Development

$176,982Pt VII · Sec A

Dawn E Simmons

VP People and Culture

$126,067Pt VII · Sec A

Christopher B Erwin

Director Biodiversity and Southern Region

$121,952Pt VII · Sec A

Christine Cadigan Benonis

Senior Director Family Forest Carbon Program

$119,415Pt VII · Sec A

Rita Hite’s $374K as President and CEO is at the 77th percentile of top reported officer pay among 324 $10–100M environment nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 8 named individuals · Part VII

Name	FY2024	FY2023	FY2022	FY2021	FY2020
Rita Hite	$374,031	$349,863	$339,288	$279,876	$245,571
Thomas D Martin	—	—	—	$346,148	$362,121
Jill Harris	$286,262	$278,222	$83,363	—	—
Nathan Truitt	$258,962	$255,678	$221,074	$176,982	$174,754
Glynnis Breen	$258,785	$218,634	$216,982	—	—
Chrstine Cadigan-Benonis	$227,918	$233,221	$153,734	—	—
Valerie Craig	—	$185,835	$225,788	—	—
Michael Reed	—	$196,667	$211,467	—	—

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See American Forest Foundation executive salaries →

Are you one of these people? Claim this org to confirm your role

Something off? The org can add a note here. Claim this org to fix it.

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

Empowers family forest owners to practice sustainable management and access carbon markets, protecting forest health while fighting climate change.

Questions for American Forest Foundation

Tap to ask. American Forest Foundation sees how many people are interested.

Your first name shows with your question. American Forest Foundation answers here, for everyone.

Provided by the organization

Know this organization? Claim it to add your story

1 program · $19.2M · in their own filed words · FY2021

01

Woodlandsaff engages tens of thousands of landowners and collaborates with hundreds of on-the-ground agency, nonprofit, and corporate partners to promote and support sustainable forest management to protect clean water supplies, reduce wildfire risks, conserve at-risk species, address carbon pollution and increase sustainable wood…

$19.2Mprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid

Grants received · FY2025

Darrell and Patricia Steagall Family FoundationFY2025$1K

Total grants receivedfrom 1 funder$1K

Grants paid · 273 grants · $20.3M · 2020–2024

The Nature ConservancyVA · FY2024$457,942

Trustees of Purdue UniversityIN · FY2024$402,720

Center for Heirs Property PreservationSC · FY2024$324,190

Uapb Small Farm ProgramFY2024$203,186

University of Arkansas - PineFY2024$146,682

Winston County Self Help CooperativeMS · FY2024$110,003

McIntosh County Sustainable Environmental and Economic DevelopGA · FY2024$107,344

Roanoke Economic Development IncorporatedNC · FY2024$97,916

Federation of Southern Cooperatives Land Assistance FundGA · FY2024$60,000

Meridian InstitutePA · FY2024$59,911

Wallowa Resources INCOR · FY2024$43,328

Vibrant Planet Pbc DBA Vibrant Planet INCFY2024$40,306

Alabama Forestry FoundationAL · FY2024$37,427

University System of New HampshireNH · FY2024$34,209

University of ConnecticutFY2024$34,140

Michigan Dnrfisheries DivFY2024$30,633

State Tree Farm Committee-ArAR · FY2024$22,251

State Tree Farm Committee-TXTX · FY2024$21,526

See all 273 grants →

By the numbers

The FY2021 990, line by line.

Download 990

from philanthropy.org

1The main four

Money inPt VIII

$70.0M

Ln 12

Investment incomeLn 3$57.4M

Gifts and grantsLn 1h$12.3M

Fees for servicesLn 2g$259K

Money outPt IX

$22.5M

Ln 25

Programscol B$19.2M

Managementcol C$2.5M

Fundraisingcol D$854K

Owns and owesPt X

$183.7M

net assets · Ln 32

Cash and savingsLn 1–2$221K

Total assetsLn 16$186.2M

LiabilitiesLn 26$2.5M

PeoplePt VI, VII

28

listed · VII A

PaidVII A10

Voting boardVI 1a18

IndependentVI 1b18

2In more detail

Revenue in detailPt VIII

Gifts and grantsLn 1h$12.3M

Government grantsLn 1e$3.5M

Fees for servicesLn 2g$259K

Investment incomeLn 3$57.4M

Other incomeLn 4–11$8K

Gains on assetsLn 7$54.8M

Total revenueLn 12$70.0M

Assets in detailPt X, end of year

SavingsLn 2$221K

Cash and savings togetherLn 1–2$221K

InvestmentsLn 11–13$182.7M

Land, buildings, equipmentLn 10c$335K

Other assetsLn 15$36K

Total assetsLn 16$186.2M

LiabilitiesLn 26$2.5M

Net assetsLn 32$183.7M

OperationsPt I, VI

EmployeesI 582

VolunteersI 6700

Fiscal year endsHeaderDecember

Conflict-of-interest policyVI 12aYes

Whistleblower policyVI 13Yes

Records policyVI 14Yes

3Year over year

Balance sheet, start vs end of yearPt X · col A, B

Line	Start FY21	End FY21
Cash and savingsLn 1–2	$1.5M	$221K
InvestmentsLn 11–13	$167.9M	$182.7M
Land, buildings, equipmentLn 10c	$419K	$335K
Total assetsLn 16	$171.6M	$186.2M
LiabilitiesLn 26	$1.9M	$2.5M
Net assetsLn 32	$169.7M	$183.7M

4Every line

Statement of functional expensesPt IX · every line

Line	Total	Programs	Management	Fundraising
Grants to domestic organizationsLn 1	$6.3M	$6.3M
Grants to domestic individualsLn 2	$113K	$113K
Pay of current officers, directors and key staffLn 5	$1.4M	$690K	$409K	$284K
Other salaries and wagesLn 7	$4.9M	$4.0M	$770K	$173K
Pension plan contributionsLn 8	$332K	$274K	$53K	$5K
Other employee benefitsLn 9	$593K	$464K	$111K	$18K
Payroll taxesLn 10	$438K	$328K	$81K	$29K
Management feesLn 11a	$34K		$34K
Legal feesLn 11b	$96K	$4K	$92K
Accounting feesLn 11c	$56K		$56K
Investment management feesLn 11f	$119K		$119K
Other fees for servicesLn 11g	$6.0M	$5.1M	$697K	$173K
Advertising and promotionLn 12	$321K	$317K	$337	$4K
Office expensesLn 13	$131K	$21K	$107K	$3K
Information technologyLn 14	$460K	$4K	$456K	$357
OccupancyLn 16	$489K		$489K
TravelLn 17	$183K	$113K	$58K	$12K
Conferences, conventions and meetingsLn 19	$75K	$57K	$16K	$2K
Depreciation, depletion and amortizationLn 22	$84K		$84K
InsuranceLn 23	$124K	$2K	$123K
Other expenses (24a–d)Ln 24	$343K	$209K	$78K	$56K
All other expensesLn 24e	$18K	$1.3M	−$1.3M	$94K
Total functional expensesLn 25	$22.5M	$19.2M	$2.5M	$854K

Filing history

Year	Money in	Money out	In minus out	Net assets	Download
FY2024 Latest	$20.3M	$31.3M	−$11.1M	$133.5M	990 PDF
FY2023	$11.3M	$28.5M	−$17.2M	$137.6M	990 PDF
FY2022	$11.7M	$27.2M	−$15.5M	$146.4M	990 PDF
FY2021 Viewing	$70.0M	$22.5M	$47.5M	$183.7M	990 PDF
FY2020	$11.4M	$17.8M	−$6.4M	$169.7M	990 PDF

Want to add your own materials alongside these filings? Claim this org

Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash

See the full FY2021 990 (6 parts)

Part I · Summary $70,003,323 revenue, 12 lines filed

I-8 Contributions and grantsPrior year $7,860,772$12,298,947

I-9 Program service revenuePrior year $207,327$259,373

I-10 Investment incomePrior year $3,328,357$57,436,962

I-11 Other revenuePrior year $23,844$8,041

I-12 Total revenuePrior year $11,420,300$70,003,323

I-13 Grants and similar amounts paidPrior year $4,529,287$6,377,509

I-14 Benefits paid to membersPrior year $0$0

I-15 Salaries and benefitsPrior year $5,618,371$7,681,758

I-16a Professional fundraising feesPrior year $0$0

I-17 Other expensesPrior year $7,654,353$8,489,819

I-18 Total expensesPrior year $17,802,011$22,549,086

I-19 Revenue less expensesPrior year −$6,381,711$47,454,237

Part VI · Governance 18 of 18 board members independent, no flags

VI-1a Voting members of the governing body18

VI-1b Independent voting members18

VI-2 Family or business relationship among officers or directorsNo

VI-12a Written conflict of interest policyYes

VI-13 Written whistleblower policyYes

VI-14 Document retention and destruction policyYes

VI-15a Process for setting top official's payYes

Part VIII · Statement of revenue $70,003,323 across 9 lines filed

VIII-1a Federated campaigns$2,779

VIII-1e Government grants$3,460,097

VIII-1f All other contributions, gifts and grants$8,836,071

VIII-1h Total contributions, gifts and grants$12,298,947

VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $253,111 · Unrelated business $6,262$259,373

VIII-3 Investment incomeExcluded from tax $2,678,544$2,678,544

VIII-5 RoyaltiesExcluded from tax $8,041$8,041

VIII-7 Net gain or loss on sales of assetsExcluded from tax $54,758,418$54,758,418

VIII-12 Total revenueRelated to mission $253,111 · Unrelated business $6,262 · Excluded from tax $57,445,003$70,003,323

Part IX · Statement of functional expenses $22,549,086 across 22 lines filed

IX-1 Grants to domestic organizationsPrograms $6,264,190$6,264,190

IX-2 Grants to domestic individualsPrograms $113,319$113,319

IX-5 Pay of current officers, directors and key staffPrograms $690,006 · Management $409,400 · Fundraising $283,894$1,383,300

IX-7 Other salaries and wagesPrograms $3,992,713 · Management $769,922 · Fundraising $172,517$4,935,152

IX-8 Pension plan contributionsPrograms $274,146 · Management $52,875 · Fundraising $4,807$331,828

IX-9 Other employee benefitsPrograms $463,604 · Management $111,373 · Fundraising $18,343$593,320

IX-10 Payroll taxesPrograms $327,734 · Management $81,266 · Fundraising $29,158$438,158

IX-11a Management feesManagement $34,265$34,265

IX-11b Legal feesPrograms $4,085 · Management $91,554$95,639

IX-11c Accounting feesManagement $56,172$56,172

IX-11f Investment management feesManagement $119,248$119,248

IX-11g Other fees for servicesPrograms $5,086,280 · Management $697,328 · Fundraising $172,864$5,956,472

IX-12 Advertising and promotionPrograms $316,516 · Management $337 · Fundraising $4,169$321,022

IX-13 Office expensesPrograms $21,100 · Management $107,200 · Fundraising $2,975$131,275

IX-14 Information technologyPrograms $4,046 · Management $455,870 · Fundraising $357$460,273

IX-16 OccupancyManagement $488,810$488,810

IX-17 TravelPrograms $112,627 · Management $57,634 · Fundraising $12,427$182,688

IX-19 Conferences, conventions and meetingsPrograms $57,414 · Management $15,544 · Fundraising $2,307$75,265

IX-22 Depreciation, depletion and amortizationManagement $83,728$83,728

IX-23 InsurancePrograms $1,880 · Management $122,553$124,433

IX-24 Other expenses (24a–d)Programs $209,140 · Management $77,791 · Fundraising $55,836$342,767

IX-24e All other expensesPrograms $1,250,407 · Management −$1,326,600 · Fundraising $93,955$17,762

IX-25 Total functional expensesPrograms $19,189,207 · Management $2,506,270 · Fundraising $853,609$22,549,086

Part X · Balance sheet $186,198,942 assets, 16 lines filed

X-2 Savings and temporary cash investmentsStart of year $1,470,156$221,388

X-3 Pledges and grants receivableStart of year $1,402,226$2,597,262

X-4 Accounts receivable$95,804

X-9 Prepaid expenses and deferred chargesStart of year $357,847$227,414

X-10c Land, buildings and equipment, netStart of year $419,221$335,493

X-11 Publicly traded securitiesStart of year $167,943,168$182,685,196

X-15 Other assetsStart of year $36,385$36,385

X-16 Total assetsStart of year $171,629,003$186,198,942

X-17 Accounts payable and accrued expensesStart of year $1,034,962$1,696,763

X-19 Deferred revenueStart of year $11,996$6,333

X-25 Other liabilitiesStart of year $887,895$822,377

X-26 Total liabilitiesStart of year $1,934,853$2,525,473

X-27 Net assets without donor restrictionsStart of year $168,697,709$182,295,405

X-28 Net assets with donor restrictionsStart of year $996,441$1,378,064

X-32 Total net assets or fund balancesStart of year $169,694,150$183,673,469

X-33 Total liabilities and net assetsStart of year $171,629,003$186,198,942

Part XI · Reconciliation of net assets $183,673,469 net assets at year end

XI-1 Total revenue$70,003,323

XI-2 Total expenses$22,549,086

XI-3 Revenue less expenses$47,454,237

XI-4 Net assets at start of year$169,694,150

XI-5 Net unrealized gains (losses) on investments−$33,586,784

XI-9 Other changes in net assets$111,866

XI-10 Net assets at end of year$183,673,469

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

American Forest Foundation FY2021 filing

Before you give