Wrld Foundation EIN 87-2610501

Wrld Foundation

EIN  87-2610501 Public charity (501(c)(3)) Wilmington, DE Founded 2021
Form 990 (PDF) Compare with another nonprofit →
Verified accurate 7/22/26 · see original filing: IRS
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Size
$10–100M
What they do
Funds scientific projects, raises awareness, and supports educational programs.
Leadership
Tsiritsimihena E Rakoto · COO (began Feb. 2024) · $65K
Money in and out
$11.0M revenue, $10.2M expenses
Bottom line
95% program efficiency

Funds scientific projects, raises awareness, and supports educational programs. For fiscal year 2024 it reported $11.0M in revenue, $10.2M in expenses, and $1.9M in net assets.Pt I

Where the money goes · FY2024
Total revenue
$11.0M
Pt VIII · Ln 12
Total expenses
$10.2M
Pt IX · Ln 25
Net assets
$1.9M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $821K
Where spending went · Part IX cols B–D
Program services $0.95 Management & general $0.01 Fundraising $0.04
Program efficiency
95%
of spending reaches programs▲ +7% vs prior filing year
Operating runway
2.3mo
months of highly liquid reserves at operating expense rate▼ -34% vs prior filing year
Surplus margin
+7%
revenue over expenses, this year▼ -65% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$11.0M
FY2024▲ +136%
Expenses
$10.2M
FY2024▲ +179%
Total assets
$2.0M
FY2024▲ +88%
Total liabilities
$117K
FY2024▲ ×17
Total revenue
$11.0M
Pt VIII · Ln 12
Total expenses
$10.2M
Pt IX · Ln 25
Net assets
$1.9M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$821K
Total assetsPt X · Ln 16$2.0M
Program-expense ratioPt IX · col B95%
Voting members of governing bodyPt I · Ln 36
Independent voting membersPt I · Ln 46
Mission & Programs · Part III

Where the work happens

3 program services account for $9.4M of program spending, described in the organization's own filed words · FY2024.
01

The Climate Transformation Fund (CTF) is a driving force behind innovative solutions to combat climate change and protect our planet. Our mission is to accelerate the global shift toward a sustainable, green economy with a central focus on achieving net-zero emissions.

$4.4Mprogram expense
02

Nature Transformation Fund (NTF) is dedicated to fueling impactful initiatives that protect and restore the natural world. Our goal is to foster a resilient, biodiverse environment through targeted investments that address critical ecological challenges.

$4.4Mprogram expense
03

The Forests and Landscapes Fund (FLF) is dedicated to protecting and restoring the world's critical forest ecosystems that absorb 30% of global carbon emissions and support 80% of the world's biodiversity.

$584Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CWrld Foundation
EINHdr · item D87-2610501
Principal addressHdr · item CWilmington, DE
WebsiteHdr · item Jwww.wrldfoundation.com
Year of formationHdr · item L2021
State of legal domicileHdr · item MDE
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFEnvironment (C12)
Ruling yearIRS BMFJun 2022

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a6
Independent voting membersPt VI · Ln 1b6
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
COO (began Feb. 2024)
$64,615Pt VII · Sec A
Treasurer/Secretary
$0Pt VII · Sec A
Director (began Feb. 2024)
$0Pt VII · Sec A
Director (began Nov. 2024)
$0Pt VII · Sec A
President
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director (began Nov. 2024)
$0Pt VII · Sec A
Director (until Nov. 2024)
$0Pt VII · Sec A

Tsiritsimihena E Rakoto’s $65K as COO (began Feb. 2024) is at the 1st 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.

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Statement of Revenue

Part VIII
Contributions & grants100%$11.0M
Total revenueLn 12$11.0M

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.95 Management & general $0.01 Fundraising $0.04
Program services95%$9.6M
Management & general1%$106K
Fundraising4%$425K
Total functional expensesLn 25$10.2M

Balance Sheet

Part X · end of year
CashLn 1$2.0M
Total assetsLn 16$2.0M
Total liabilitiesLn 26$117K
Total net assetsLn 32$1.9M
Months of cash on handcomputed2.3

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $2.0M · Operating expenses/yr $10.2M
2.3 months
Where the money goes
Program services
Program services $9.6M · Total expenses $10.2M
95%
Management & General
Management & general $106K · Total expenses $10.2M
1%
Fundraising
Fundraising $425K · Total expenses $10.2M
4%
Cost to raise $1
Fundraising expense (3-yr avg) $266K · Solicited contributions (3-yr avg) $5.3M
$0.05 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $11.0M · Total revenue $11.0M
100%
Government reliance
Government grants — · Total revenue $11.0M
Earned-income share
Program service revenue $0 · Total revenue $11.0M
0%
Investment reliance
Investment income $0 · Total revenue $11.0M
0%
Program self-sufficiency
Program service revenue $0 · Total expenses $10.2M
0%
Growth & trend
Revenue growth (YoY)
This year $11.0M · Prior year $4.6M
+136%
Net-asset trend (YoY)
End of year $1.9M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $11.0M · Expenses $10.2M
+7%
Liabilities-to-Assets
Total liabilities — · Total assets $2.0M
Net-asset ratio
Net assets $1.9M · Total assets $2.0M
94%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $2.0M
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Tsiritsimihena E Rakoto · Reported title COO (BEGAN FEB. 2024) · Highest reported compensation $65K · Total expenses $10.2M
1%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $70K · Total expenses $10.2M
1%
Fundraising vendors
Fundraiser cost ratio
Paid to fundraisers $425K · Gross raised $11.0M
4%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 95%
Overhead ratio 1%
Fundraising cost ratio 4%
Revenue growth 136%
Legal fee ratio 0%
Accounting fee ratio 0%
Fundraising fee ratio 4%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · received and paid
Grants received · FY2022
Total grants receivedfrom 1 funder$150K
Grants paid · 42 grants · $6.1M · 2022–2024
Global Forest Generation INCVA · FY2024$834,678
RewildTX · FY2024$675,921
Calcef InnovationsCA · FY2024$441,712
Plant with PurposeCA · FY2024$240,000
Clean Air Task Force INCMA · FY2024$215,000
One Tree Planted INCVT · FY2024$190,579
Conservation Strategy FundCA · FY2024$174,729
Amazon FrontlinesCA · FY2024$160,000
VycarbFY2024$150,000
Precision Development INCMA · FY2024$122,866
Clinton Health Access InitiativeFY2024$120,000
Rare INCVA · FY2024$100,000
Mati Carbon PbcFY2024$100,000
Industrious Education FundCA · FY2024$100,000
Human Rights Watch INCNY · FY2024$100,000
See all 42 grants →

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$11.0M revenue · viewing · ⤓ 990 PDF
FY2023$4.6M revenue · ⤓ 990 PDF
FY2022$200K revenue · ⤓ 990 PDF
FY2021$0 revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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