Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Mar 1954.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Where the money goes
71 cents of each dollar spent went to programs.
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
39 people listed on the 990; $7.8M paid to officers and key staff.
Part VII, Section A · reportable compensation
Director/Chief Executive Officer
$879,344Pt VII · Sec A
Chief Investment Officer
$777,903Pt VII · Sec A
Chief Operating Officer
$564,039Pt VII · Sec A
Division Director (until 11/24)
$524,621Pt VII · Sec A
Chief Conservation Officer
$522,080Pt VII · Sec A
Global Market Development Director
$515,172Pt VII · Sec A
General Counsel
$491,376Pt VII · Sec A
Chief Development Officer
$462,994Pt VII · Sec A
Cons Programs & Science Director
$460,150Pt VII · Sec A
New York Executive Director
$443,590Pt VII · Sec A
Chief Marketing & Comm. Officer
$442,543Pt VII · Sec A
Managing Director
$438,914Pt VII · Sec A
NA Regional Managing Director
$435,370Pt VII · Sec A
Former Interim Chief Finance Officer
$310,179Pt VII · Sec A
Former Interim General Counsel
$260,680Pt VII · Sec A
Chief Finance Officer
$258,562Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Board Chair
$0Pt VII · Sec A
Vice Chair (until 6/25)
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Director (as of 2/25)
$0Pt VII · Sec A
Director (until 10/24)
$0Pt VII · Sec A
Director (until 10/24)
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Secretary (until 10/24)
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Compensation history total reportable pay by year · 8 named individuals · Part VII
| Name | FY2024 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|
| Brian McPeek | — | — | — | $509,361 | $487,492 | $1,168,800 |
| Jennifer Morris | $879,344 | $871,668 | $841,637 | $734,656 | $540,933 | — |
| Mark Burget | — | — | — | — | $875,627 | $373,123 |
| Bola Olusanya | $777,903 | $856,283 | $855,346 | $421,529 | — | — |
| Charles Bedford | — | — | — | — | $678,681 | $813,249 |
| Seema Paul | — | — | — | — | $480,486 | $720,130 |
| James Willis Asp | — | — | — | — | $663,280 | $606,372 |
| Leonard Williams | — | $648,005 | $440,811 | $425,158 | $373,608 | $376,018 |
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 2No
- Top official's pay set by an independent reviewPt VI · Ln 15aYes
- Loans to or from officersSch L · Pt II1 listed
Programs and updates
The Nature Conservancy works with governments, businesses, and individuals to protect ecosystems and preserve natural habitats for wildlife and people.
Provided by the organization
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1 program · $1.0B · in their own filed words · FY2024
01
The nature conservancy (TNC) is focused on conserving the lands and waters on which all life depends. We work across six continents, including in more than 80 countries and territories, and all 50 states in the U.S., to conserve the lands and waters on which all life depends. Our vision is a future where people and nature thrive.
$1.0Bprogram 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
Hrh FoundationFY2025$1.6M
Keweenaw Community FoundationFY2025$1.3M
Wildlife Conservation Network INCFY2025$721K
Midland Area Community FoundationFY2025$596K
Higgins Family Foundation Uad 11-18-21FY2025$525K
Rivian FoundationFY2025$500K
Wescustogo FoundationFY2025$200K
Total grants receivedfrom 128 funders$8.4M
Grants paid · 3,780 grants · $383.1M · 2019–2024
Unitemized GrantFY2024$5,530,200
American Forest FoundationDC · FY2024$2,125,552
The Conservation Fund a Nonprofit CorporationVA · FY2024$1,921,184
Mongolian Natures Legacy FoundationFY2024$1,543,113
Individual RecipientFY2024$1,500,000
No on 2117 CommitteeWA · FY2024$1,500,000
Individual RecipientFY2024$1,500,000
The Pew Charitable TrustsDC · FY2024$1,310,522
National Audubon Society INCNY · FY2024$1,297,950
Windward FundDC · FY2024$1,265,905
Maine Coast Heritage TrustME · FY2024$1,080,274
National Audubon Society INCNY · FY2024$990,077
Panthera CorporationNY · FY2024$948,355
University of California Santa BarbaraCA · FY2024$885,391
Watershed Research and Training CenterCA · FY2024$862,966
University of WashingtonFY2024$847,869
Tule Basin Land and Water Conservation TrustCA · FY2024$789,070
Technoserve INCVA · FY2024$686,139
By the numbers
The FY2024 990, line by line.
Download 990
1The main four
Money inPt VIII
$1.7B
Ln 12
Gifts and grantsLn 1h$1.3B
Investment incomeLn 3$210.6M
Fees for servicesLn 2g$166.3M
Money outPt IX
$1.4B
Ln 25
Programscol B$1.0B
Managementcol C$211.2M
Fundraisingcol D$201.6M
Owns and owesPt X
$8.3B
net assets · Ln 32
Cash and savingsLn 1–2$250.8M
Total assetsLn 16$10.1B
LiabilitiesLn 26$1.8B
PeoplePt VI, VII
39
listed · VII A
PaidVII A16
Voting boardVI 1a20
IndependentVI 1b18
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$1.3B
Government grantsLn 1e$222.9M
Noncash giftsLn 1g$168.6M
Fundraising eventsLn 1c$282K
Fees for servicesLn 2g$166.3M
Investment incomeLn 3$210.6M
Other incomeLn 4–11$33.7M
Gains on assetsLn 7$174.6M
Total revenueLn 12$1.7B
Assets in detailPt X, end of year
CashLn 1$96.8M
SavingsLn 2$154.0M
Cash and savings togetherLn 1–2$250.8M
InvestmentsLn 11–13$3.70B
Land, buildings, equipmentLn 10c$190.1M
Other assetsLn 15$4.95B
Total assetsLn 16$10.1B
LiabilitiesLn 26$1.8B
Net assetsLn 32$8.3B
OperationsPt I, VI
EmployeesI 55,150
VolunteersI 614,200
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 FY24 | End FY24 |
|---|---|---|
| Cash and savingsLn 1–2 | $145.7M | $250.8M |
| InvestmentsLn 11–13 | $3.50B | $3.70B |
| Land, buildings, equipmentLn 10c | $171.3M | $190.1M |
| Total assetsLn 16 | $9.50B | $10.11B |
| LiabilitiesLn 26 | $1.37B | $1.76B |
| Net assetsLn 32 | $8.13B | $8.35B |
4Every line
Statement of functional expensesPt IX · every line
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Grants to domestic organizationsLn 1 | $68.9M | $68.9M | ||
| Grants to domestic individualsLn 2 | $5.7M | $5.7M | ||
| Grants and assistance to foreign recipientsLn 3 | $105.4M | $105.4M | ||
| Pay of current officers, directors and key staffLn 5 | $5.7M | $3.0M | $1.9M | $778K |
| Pay of disqualified personsLn 6 | $673K | $421K | $142K | $110K |
| Other salaries and wagesLn 7 | $494.7M | $309.7M | $104.2M | $80.8M |
| Pension plan contributionsLn 8 | $36.0M | $22.5M | $7.6M | $5.9M |
| Other employee benefitsLn 9 | $62.3M | $39.0M | $13.1M | $10.2M |
| Payroll taxesLn 10 | $36.5M | $22.9M | $7.7M | $6.0M |
| Legal feesLn 11b | $3.2M | $2.5M | $195K | $499K |
| Accounting feesLn 11c | $1.9M | $1.5M | $116K | $297K |
| Lobbying feesLn 11d | $5.9M | $4.6M | $358K | $916K |
| Professional fundraising feesLn 11e | $30.1M | $30.1M | ||
| Investment management feesLn 11f | $23.3M | $23.3M | ||
| Other fees for servicesLn 11g | $209.1M | $154.7M | $11.7M | $42.7M |
| Advertising and promotionLn 12 | $7.1M | $1.9M | $48K | $5.1M |
| Office expensesLn 13 | $57.1M | $33.2M | $11.9M | $12.0M |
| Information technologyLn 14 | $4.5M | $2.9M | $1.3M | $274K |
| OccupancyLn 16 | $35.6M | $23.4M | $11.5M | $740K |
| TravelLn 17 | $28.7M | $23.0M | $3.0M | $2.8M |
| Conferences, conventions and meetingsLn 19 | $22.2M | $19.2M | $2.1M | $876K |
| InterestLn 20 | $22.6M | $21.2M | $1.4M | |
| Depreciation, depletion and amortizationLn 22 | $14.8M | $13.1M | $1.7M | $9K |
| InsuranceLn 23 | $11.3M | $9.8M | $1.1M | $445K |
| Other expenses (24a–d)Ln 24 | $138.6M | $131.1M | $6.6M | $872K |
| All other expensesLn 24e | $6.2M | $5.4M | $577K | $244K |
| Total functional expensesLn 25 | $1.44B | $1.03B | $211.2M | $201.6M |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2024 | $1.5B | $1.4B | $130.2M | $8.1B | 990 PDF |
| FY2023 | $1.2B | $1.1B | $46.1M | $7.8B | 990 PDF |
| FY2022 | $1.3B | $1.0B | $307.2M | $7.5B | 990 PDF |
| FY2021 | $1.3B | $908.6M | $381.5M | $7.8B | 990 PDF |
| FY2020 | $1.1B | $907.0M | $230.3M | $7.1B | 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 FY2024 990 (6 parts)
Part I · Summary $1,746,229,436 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $1,182,176,843$1,335,671,228
I-9 Program service revenuePrior year $162,838,796$166,272,594
I-10 Investment incomePrior year $109,339,176$210,555,488
I-11 Other revenuePrior year $28,376,486$33,730,126
I-12 Total revenuePrior year $1,482,731,301$1,746,229,436
I-13 Grants and similar amounts paidPrior year $119,486,960$180,029,763
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $584,043,804$635,782,525
I-16a Professional fundraising feesPrior year $28,011,888$30,070,361
I-17 Other expensesPrior year $621,002,241$592,024,253
I-18 Total expensesPrior year $1,352,544,893$1,437,906,902
I-19 Revenue less expensesPrior year $130,186,408$308,322,534
Part VI · Governance 18 of 20 board members independent, no flags
VI-1a Voting members of the governing body20
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 $1,746,229,436 across 14 lines filed
Lines not itemized here account for $7,394,453 of total revenue; see the IRS return.
VIII-1a Federated campaigns$4,364,841
VIII-1c Fundraising events$281,914
VIII-1e Government grants$222,904,099
VIII-1f All other contributions, gifts and grants$1,108,120,374
VIII-1g Noncash contributions (included above)$168,562,393
VIII-1h Total contributions, gifts and grants$1,335,671,228
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $165,843,059 · Unrelated business $429,535$166,272,594
VIII-3 Investment incomeUnrelated business $9,069,042 · Excluded from tax $26,884,576$35,953,618
VIII-5 RoyaltiesExcluded from tax $53$53
VIII-6 Net rental income or lossExcluded from tax $2,301,236$2,301,236
VIII-7 Net gain or loss on sales of assetsUnrelated business $955,653 · Excluded from tax $173,646,217$174,601,870
VIII-8 Net income from fundraising eventsExcluded from tax −$79,030−$79,030
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Unrelated business $26,600 · Excluded from tax $24,086,814$24,113,414
VIII-12 Total revenueRelated to mission $169,326,127 · Unrelated business $10,480,830 · Excluded from tax $230,751,251$1,746,229,436
Part IX · Statement of functional expenses $1,437,906,902 across 26 lines filed
IX-1 Grants to domestic organizationsPrograms $68,904,417$68,904,417
IX-2 Grants to domestic individualsPrograms $5,741,119$5,741,119
IX-3 Grants and assistance to foreign recipientsPrograms $105,384,227$105,384,227
IX-5 Pay of current officers, directors and key staffPrograms $2,981,468 · Management $1,891,521 · Fundraising $778,115$5,651,104
IX-6 Pay of disqualified personsPrograms $421,212 · Management $141,719 · Fundraising $109,930$672,861
IX-7 Other salaries and wagesPrograms $309,696,822 · Management $104,198,813 · Fundraising $80,825,896$494,721,531
IX-8 Pension plan contributionsPrograms $22,522,044 · Management $7,577,637 · Fundraising $5,877,892$35,977,573
IX-9 Other employee benefitsPrograms $38,969,095 · Management $13,111,318 · Fundraising $10,170,308$62,250,721
IX-10 Payroll taxesPrograms $22,854,553 · Management $7,689,511 · Fundraising $5,964,671$36,508,735
IX-11b Legal feesPrograms $2,516,231 · Management $194,786 · Fundraising $498,695$3,209,712
IX-11c Accounting feesPrograms $1,500,659 · Management $116,169 · Fundraising $297,417$1,914,245
IX-11d Lobbying feesPrograms $4,620,550 · Management $357,686 · Fundraising $915,752$5,893,988
IX-11e Professional fundraising feesFundraising $30,070,361$30,070,361
IX-11f Investment management feesManagement $23,309,169$23,309,169
IX-11g Other fees for servicesPrograms $154,707,670 · Management $11,678,016 · Fundraising $42,745,671$209,131,357
IX-12 Advertising and promotionPrograms $1,910,814 · Management $48,052 · Fundraising $5,127,599$7,086,465
IX-13 Office expensesPrograms $33,244,928 · Management $11,857,296 · Fundraising $11,957,022$57,059,246
IX-14 Information technologyPrograms $2,919,033 · Management $1,266,588 · Fundraising $273,609$4,459,230
IX-16 OccupancyPrograms $23,384,627 · Management $11,460,521 · Fundraising $739,957$35,585,105
IX-17 TravelPrograms $22,975,238 · Management $2,972,970 · Fundraising $2,790,792$28,739,000
IX-19 Conferences, conventions and meetingsPrograms $19,238,969 · Management $2,068,535 · Fundraising $876,151$22,183,655
IX-20 InterestPrograms $21,187,373 · Management $1,374,330$22,561,703
IX-22 Depreciation, depletion and amortizationPrograms $13,133,032 · Management $1,654,877 · Fundraising $8,687$14,796,596
IX-23 InsurancePrograms $9,766,557 · Management $1,050,081 · Fundraising $444,773$11,261,411
IX-24 Other expenses (24a–d)Programs $131,110,076 · Management $6,631,826 · Fundraising $872,019$138,613,921
IX-24e All other expensesPrograms $5,397,814 · Management $577,169 · Fundraising $244,467$6,219,450
IX-25 Total functional expensesPrograms $1,025,088,528 · Management $211,228,590 · Fundraising $201,589,784$1,437,906,902
Part X · Balance sheet $10,108,681,571 assets, 20 lines filed
Asset lines not itemized here account for $2,047,639; see the IRS return.
X-1 Cash, non-interest-bearingStart of year $39,909,787$96,824,430
X-2 Savings and temporary cash investmentsStart of year $105,825,774$154,022,294
X-3 Pledges and grants receivableStart of year $354,298,083$311,986,851
X-4 Accounts receivableStart of year $363,962,628$612,832,106
X-9 Prepaid expenses and deferred chargesStart of year $14,798,258$51,115,494
X-10c Land, buildings and equipment, netStart of year $171,305,970$190,148,165
X-11 Publicly traded securitiesStart of year $497,281,269$547,408,140
X-12 Other securitiesStart of year $3,000,197,494$3,156,532,970
X-14 Intangible assetsStart of year $32,725,606$35,409,423
X-15 Other assetsStart of year $4,919,844,240$4,950,354,059
X-16 Total assetsStart of year $9,504,159,342$10,108,681,571
X-17 Accounts payable and accrued expensesStart of year $227,238,894$403,825,320
X-19 Deferred revenueStart of year $163,615,619$175,929,078
X-24 Unsecured notes and loans payableStart of year $660,235,942$680,633,887
X-25 Other liabilitiesStart of year $312,156,087$495,480,596
X-26 Total liabilitiesStart of year $1,371,246,542$1,761,868,881
X-27 Net assets without donor restrictionsStart of year $6,253,224,544$6,332,289,494
X-28 Net assets with donor restrictionsStart of year $1,879,688,256$2,014,523,196
X-32 Total net assets or fund balancesStart of year $8,132,912,800$8,346,812,690
X-33 Total liabilities and net assetsStart of year $9,504,159,342$10,108,681,571
Part XI · Reconciliation of net assets $8,346,812,690 net assets at year end
XI-1 Total revenue$1,746,229,436
XI-2 Total expenses$1,437,906,902
XI-3 Revenue less expenses$308,322,534
XI-4 Net assets at start of year$8,132,912,800
XI-5 Net unrealized gains (losses) on investments$147,477,177
XI-8 Prior period adjustments−$232,007,424
XI-9 Other changes in net assets−$9,892,397
XI-10 Net assets at end of year$8,346,812,690
Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File
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