Conservation International Foundation FY2021 filing

Tax-deductible

Arlington, VA501(c)(3)Since 1987EnvironmentEIN 52-1497470Revenue $187.9M in FY2021

On file with the IRSconservation.org2011 Crystal Dr Ste 600, 22202-3715 · Arlington, VATax-exempt since Sep 1987Publicly supported charity — 170(b)(1)(A)(vi)

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501(c)(3) charity; gifts are tax-deductible.
85¢ of each $1 spent went to programs.
$3.8M paid to officers and key staff.
Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

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FY2021 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 6
filings with a surplus
Average surplus $11.4M a year · 5% of revenue · last 6 filings
Worth a look: a surplus in 3 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
85%
of spending
Looks good: 85% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$3.8M
to officers and key staff · 2% of spending
Looks good: pay to officers and key staff is 2% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
13 mo
of spending, in cash
Looks good: 13.4 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
5
named funders · $245K
Looks good: 5 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$108.4M
22% of total assets
Looks good: liabilities are 22% of assets; 50% or less.
Pt X · Ln 26
Independent board members
29
of 31 voting members
Looks good: 29 of 31 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$187.9M
+18% vs prior year
Spent
$159.7M
To programs
85%
Net assets
$380.5M
By yearFY2020–FY2025
Revenue
$187.9M
FY2021▲ +18%
Tap a bar for its year
Revenue by fiscal year
FY2020$159.5M
FY2021$187.9M
FY2022$290.5M
FY2023$235.1M
FY2024$271.2M
FY2025$308.7M
Expenses
$159.7M
FY2021▲ +6%
Tap a bar for its year
Expenses by fiscal year
FY2020$150.3M
FY2021$159.7M
FY2022$212.3M
FY2023$247.5M
FY2024$297.9M
FY2025$316.7M
Net assets
$380.5M
FY2021▲ +20%
Tap a bar for its year
Net assets by fiscal year
FY2020$316.0M
FY2021$380.5M
FY2022$433.3M
FY2023$432.7M
FY2024$416.7M
FY2025$424.3M

From the FY2021 Form 990 (year ending June 2021) · figures checked against the IRS filing · see the original

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You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Sep 1987.

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

Where the money goes

85 cents of each dollar spent went to programs.

Program services 85% · $135.4M Management & general 8% · $12.0M Fundraising 8% · $12.3M

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

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Who runs it and what they're paid

43 people listed on the 990; $3.8M paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2020); the FY2021 filing did not itemize Part VII
Chief Executive Officer
$604,727Pt VII · Sec A
EVP Conservation Partnerships
$439,338Pt VII · Sec A
SR VP - General Counsel
$310,817Pt VII · Sec A
$307,027Pt VII · Sec A
Chief People Officer
$305,219Pt VII · Sec A
Chief Marketing Officer
$295,386Pt VII · Sec A
SR VP - Development
$294,529Pt VII · Sec A
SR VP - Asia Pacific
$289,729Pt VII · Sec A

Sanjayan Muttulingam’s $1.1M as Chief Executive Officer is at the 83rd percentile of top reported officer pay among 18 $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

NameFY2025FY2024FY2023FY2022FY2021FY2020
Sanjayan Muttulingam$1,145,263$872,321$843,311$828,265$604,727$644,823
Julius Court$681,673$438,693————
Sebastian Anders Troeng$558,143$533,676$627,192$625,568$439,338$453,080
Jennifer Morris————$163,483$575,425
Daniela Raik$481,270$442,777$424,231$395,265$288,660$288,142
Richard Nash$478,140$395,351$375,193$366,350$310,817$323,482
Richard Jeo$447,588$426,039——$289,729$331,904
Luis Ernesto Suarez Martinez—$444,552————

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.

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2Yes
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Develops science-based solutions and best practices to protect nature and scale conservation efforts globally.

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Provided by the organization

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3 programs · $114.2M · in their own filed words · FY2020
01

See Schedule Ofield Programs

Ci's field programs work directly with governments, businesses and communities to sustain nature so it can continue to sustain us all. From partnering with local fisheries to restore vibrant fisheries in indonesia, to helping farmers in sub-saharan africa improve their livelihoods while combating climate change, we have a proven track…

$70.2Mprogram expense
02

See Schedule Ograntmaking Division

Ci's grantmaking division is made up of four programs: critical ecosystem partnership fund (cepf), conservation finance division (CFD), global environment facility (gef) agency and green climate fund (GCF) AGENCY.CEPF is a global program that provides grants to nongovernmental organizations and other private sector partners to protect…

$36.2Mprogram expense
03

See schedule othe betty and gordon moore center for science:conservation requires science to determine where and how to protect nature. Through its betty and gordon moore center for science, ci produces and applies the science-based evidence and solutions most needed to change the global paradigm to nature-based development.

$7.8Mprogram 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
See all 5 funders →
Grants paid · 288 grants · $88.0M · 2019–2024
World Resources InstituteDC · FY2024$7,362,721
Wildlife Conservation SocietyNY · FY2024$1,566,581
The Nature ConservancyVA · FY2024$812,217
Rare INCVA · FY2024$607,328
Northern Marianas CollegeMP · FY2024$425,000
Resources Legacy FundCA · FY2024$397,198
Oceana INCDC · FY2024$369,352
United Nations Development Programme (undp)FY2024$360,000
Hatch Accelerator Fund Management LLCFY2024$285,174
Polynesian Voyaging SocietyHI · FY2024$257,926
The Ocean FoundationDC · FY2024$247,761
Heifer Project InternationalAR · FY2024$239,482
World Wildlife Fund INCDC · FY2024$233,747
See all 288 grants →

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$187.9M
Ln 12
Gifts and grantsLn 1h$155.3M
Investment incomeLn 3$21.6M
Fees for servicesLn 2g$10.5M
Money outPt IX
$159.7M
Ln 25
Programscol B$135.4M
Managementcol C$12.0M
Fundraisingcol D$12.3M
Owns and owesPt X
$380.5M
net assets · Ln 32
Cash and savingsLn 1–2$178.3M
Total assetsLn 16$489.0M
LiabilitiesLn 26$108.4M
PeoplePt VI, VII
43
listed · VII A
PaidVII A13
Voting boardVI 1a31
IndependentVI 1b29
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$155.3M
Government grantsLn 1e$51.0M
Noncash giftsLn 1g$241K
Fundraising eventsLn 1c$563K
Fees for servicesLn 2g$10.5M
Investment incomeLn 3$21.6M
Other incomeLn 4–11$483K
Gains on assetsLn 7$17.0M
Total revenueLn 12$187.9M
Assets in detailPt X, end of year
CashLn 1$35.8M
SavingsLn 2$142.5M
Cash and savings togetherLn 1–2$178.3M
InvestmentsLn 11–13$251.4M
Land, buildings, equipmentLn 10c$4.9M
Other assetsLn 15$11.1M
Total assetsLn 16$489.0M
LiabilitiesLn 26$108.4M
Net assetsLn 32$380.5M
OperationsPt I, VI
EmployeesI 5490
VolunteersI 6101
Fiscal year endsHeaderJune
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
LineStart FY21End FY21
Cash and savingsLn 1–2$115.7M$178.3M
InvestmentsLn 11–13$230.1M$251.4M
Land, buildings, equipmentLn 10c$5.6M$4.9M
Total assetsLn 16$403.5M$489.0M
LiabilitiesLn 26$87.4M$108.4M
Net assetsLn 32$316.0M$380.5M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$7.3M$7.3M
Grants to domestic individualsLn 2$5K$5K
Grants and assistance to foreign recipientsLn 3$34.7M$34.7M
Pay of current officers, directors and key staffLn 5$3.5M$1.9M$1.2M$454K
Other salaries and wagesLn 7$51.5M$40.5M$5.1M$5.9M
Pension plan contributionsLn 8$3.6M$2.9M$358K$397K
Other employee benefitsLn 9$17.8M$14.3M$1.5M$1.9M
Payroll taxesLn 10$4.6M$3.7M$458K$508K
Legal feesLn 11b$616K$449K$78K$88K
Accounting feesLn 11c$631K$273K$329K$29K
Professional fundraising feesLn 11e$786K$786K
Investment management feesLn 11f$1.2M$1.2M
Other fees for servicesLn 11g$15.5M$14.2M$436K$856K
Office expensesLn 13$1.1M$799K$92K$161K
Information technologyLn 14$2.2M$2.0M$179K$86K
OccupancyLn 16$4.7M$3.8M$408K$455K
TravelLn 17$2.6M$2.5M$23K$58K
Conferences, conventions and meetingsLn 19$750K$588K$153K$8K
InterestLn 20$9K$9K
Depreciation, depletion and amortizationLn 22$982K$766K$132K$84K
InsuranceLn 23$337K$142K$194K$234
Other expenses (24a–d)Ln 24$4.6M$4.4M$47K$231K
All other expensesLn 24e$686K$306K$137K$243K
Total functional expensesLn 25$159.7M$135.4M$12.0M$12.3M

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $308.7M$316.7M−$8.0M$424.3M 990 PDF
FY2024 $271.2M$297.9M−$26.6M$416.7M 990 PDF
FY2023 $235.1M$247.5M−$12.3M$432.7M 990 PDF
FY2022 $290.5M$212.3M$78.2M$433.3M 990 PDF
FY2021 Viewing $187.9M$159.7M$28.3M$380.5M 990 PDF
FY2020 $159.5M$150.3M$9.2M$316.0M 990 PDF

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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 $187,936,196 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $137,797,138$155,329,730
I-9 Program service revenuePrior year $9,760,931$10,501,467
I-10 Investment incomePrior year $11,717,888$21,621,897
I-11 Other revenuePrior year $222,124$483,102
I-12 Total revenuePrior year $159,498,081$187,936,196
I-13 Grants and similar amounts paidPrior year $47,256,907$41,979,046
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $68,624,972$81,126,329
I-16a Professional fundraising feesPrior year $722,892$785,847
I-17 Other expensesPrior year $33,691,882$35,790,614
I-18 Total expensesPrior year $150,296,653$159,681,836
I-19 Revenue less expensesPrior year $9,201,428$28,254,360
Part VI · Governance 29 of 31 board members independent, 1 to look at
VI-1a Voting members of the governing body31
VI-1b Independent voting members29
VI-2 Family or business relationship among officers or directorsYes
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 $187,936,196 across 14 lines filed
Lines not itemized here account for $7,506 of total revenue; see the IRS return.
VIII-1a Federated campaigns$24,349
VIII-1c Fundraising events$562,705
VIII-1e Government grants$51,015,808
VIII-1f All other contributions, gifts and grants$103,726,868
VIII-1g Noncash contributions (included above)$241,418
VIII-1h Total contributions, gifts and grants$155,329,730
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $10,482,919 · Unrelated business $16,751$10,499,670
VIII-3 Investment incomeUnrelated business $6,041 · Excluded from tax $4,574,804$4,580,845
VIII-5 RoyaltiesExcluded from tax $18,493$18,493
VIII-6 Net rental income or loss$0
VIII-7 Net gain or loss on sales of assetsExcluded from tax $17,041,052$17,041,052
VIII-8 Net income from fundraising eventsExcluded from tax −$145,580−$145,580
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Excluded from tax $604,480$604,480
VIII-12 Total revenueRelated to mission $10,484,716 · Unrelated business $22,792 · Excluded from tax $22,098,958$187,936,196
Part IX · Statement of functional expenses $159,681,836 across 23 lines filed
IX-1 Grants to domestic organizationsPrograms $7,285,737$7,285,737
IX-2 Grants to domestic individualsPrograms $5,000$5,000
IX-3 Grants and assistance to foreign recipientsPrograms $34,688,309$34,688,309
IX-5 Pay of current officers, directors and key staffPrograms $1,919,890 · Management $1,153,459 · Fundraising $453,644$3,526,993
IX-7 Other salaries and wagesPrograms $40,464,794 · Management $5,122,982 · Fundraising $5,932,877$51,520,653
IX-8 Pension plan contributionsPrograms $2,874,647 · Management $357,613 · Fundraising $396,681$3,628,941
IX-9 Other employee benefitsPrograms $14,334,025 · Management $1,530,655 · Fundraising $1,937,205$17,801,885
IX-10 Payroll taxesPrograms $3,681,777 · Management $458,021 · Fundraising $508,059$4,647,857
IX-11b Legal feesPrograms $449,272 · Management $78,144 · Fundraising $88,306$615,722
IX-11c Accounting feesPrograms $273,251 · Management $328,625 · Fundraising $29,376$631,252
IX-11e Professional fundraising feesFundraising $785,847$785,847
IX-11f Investment management feesManagement $1,162,418$1,162,418
IX-11g Other fees for servicesPrograms $14,170,966 · Management $435,971 · Fundraising $856,295$15,463,232
IX-13 Office expensesPrograms $799,319 · Management $91,741 · Fundraising $161,119$1,052,179
IX-14 Information technologyPrograms $1,951,476 · Management $179,471 · Fundraising $85,629$2,216,576
IX-16 OccupancyPrograms $3,804,641 · Management $407,605 · Fundraising $454,674$4,666,920
IX-17 TravelPrograms $2,497,464 · Management $22,943 · Fundraising $58,350$2,578,757
IX-19 Conferences, conventions and meetingsPrograms $588,044 · Management $153,067 · Fundraising $8,437$749,548
IX-20 InterestPrograms $8,518$8,518
IX-22 Depreciation, depletion and amortizationPrograms $766,142 · Management $131,850 · Fundraising $83,820$981,812
IX-23 InsurancePrograms $142,449 · Management $194,411 · Fundraising $234$337,094
IX-24 Other expenses (24a–d)Programs $4,362,526 · Management $46,692 · Fundraising $231,208$4,640,426
IX-24e All other expensesPrograms $305,685 · Management $137,422 · Fundraising $243,053$686,160
IX-25 Total functional expensesPrograms $135,373,932 · Management $11,993,090 · Fundraising $12,314,814$159,681,836
Part X · Balance sheet $488,990,693 assets, 20 lines filed
X-1 Cash, non-interest-bearingStart of year $33,615,336$35,804,677
X-2 Savings and temporary cash investmentsStart of year $82,041,030$142,478,259
X-3 Pledges and grants receivableStart of year $38,160,295$39,186,300
X-4 Accounts receivableStart of year $1,095,245$1,449,497
X-9 Prepaid expenses and deferred chargesStart of year $2,095,880$2,750,630
X-10c Land, buildings and equipment, netStart of year $5,553,758$4,857,264
X-11 Publicly traded securitiesStart of year $148,895,144$151,709,183
X-12 Other securitiesStart of year $78,434,118$95,514,554
X-13 Program-related investmentsStart of year $2,760,000$4,177,563
X-15 Other assetsStart of year $10,822,189$11,062,766
X-16 Total assetsStart of year $403,472,995$488,990,693
X-17 Accounts payable and accrued expensesStart of year $15,170,486$17,681,597
X-18 Grants payableStart of year $3,308,988$1,065,939
X-19 Deferred revenueStart of year $68,621,917$88,336,704
X-24 Unsecured notes and loans payableStart of year $328,125$1,359,375
X-26 Total liabilitiesStart of year $87,429,516$108,443,615
X-27 Net assets without donor restrictionsStart of year $16,433,059$26,367,556
X-28 Net assets with donor restrictionsStart of year $299,610,420$354,179,522
X-32 Total net assets or fund balancesStart of year $316,043,479$380,547,078
X-33 Total liabilities and net assetsStart of year $403,472,995$488,990,693
Part XI · Reconciliation of net assets $380,547,078 net assets at year end
XI-1 Total revenue$187,936,196
XI-2 Total expenses$159,681,836
XI-3 Revenue less expenses$28,254,360
XI-4 Net assets at start of year$316,043,479
XI-5 Net unrealized gains (losses) on investments$29,603,495
XI-8 Prior period adjustments$5,257,453
XI-9 Other changes in net assets$1,388,291
XI-10 Net assets at end of year$380,547,078

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

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