EIN 47-5068496

Cool Effect

IRS 501(c) type
501(c)(3)
Num. employees
3
Year formed
2015
Most recent tax filings
2022-06-01
Description
Cool Effect believes that small actions ignite planet-sized changes. The Organization developed a platform that brings people together to support the worlds best carbon emission reduction projects.
Total revenues
$19,212,039
2022
Total expenses
$18,714,007
2022
Total assets
$6,719,079
2022
Num. employees
3
2022

Program areas at Cool Effect

Cool effects mission is to reduce carbon emissions by supporting projects across the globe that reduce CO2. Cool effect educates the public on the effects of climate change and solicits donations to support carbon reduction projects, empowering individuals and businesses to take action in the fight against climate change. Cool effect performs a deep analysis on both the science and the business structure of projects that claim to remove carbon from the atmosphere. All projects under consideration must first be approved by third-party standard-keeping organizations such as the gold standard, verified carbon standard, and climate action reserve, among others.Cool effect then undertakes an extensive review process using its team of scientists to ensure the project meets very tough standards. At that same time, cool effect
also reviews project management to assess whether donations are going where they should and that the project will operate well into the future.

Who funds Cool Effect

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Tides FoundationSustainable Environment$677,200
Tides FoundationSustainable Environment$677,200
American Online Giving FoundationGeneral Support$93,926
...and 27 more grants received totalling $1,967,551

Personnel at Cool Effect

NameTitleCompensation
Mike BruceChief Financial Officer and Chief Operating Officer$92,922
Richard H LawrenceFounder$0
Skye LawrenceDirector$0
Paul MolchanovAdvisory Board$0
Marisa de BelloyChief Executive Officer$875

Financials for Cool Effect

RevenuesFYE 06/2022
Total grants, contributions, etc.$18,358,826
Program services$0
Investment income and dividends$853,213
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$19,212,039

Form 990s for Cool Effect

Fiscal year endingDate received by IRSFormPDF link
2022-062023-04-17990View PDF
2021-062022-04-29990View PDF
2020-062021-04-14990View PDF
2019-062020-01-10990View PDF
2018-062018-12-22990View PDF
...and 2 more Form 990s

Organizations like Cool Effect

OrganizationLocationRevenue
Guanacaste Dry Forest Conservation Fund (GDFCF)Huntington, VT$8,090,494
Friends of the Detroit River (FDR)Taylor, MI$11,644,780
West Creek ConservancyParma, OH$10,934,881
The WILD FoundationBoulder, CO$5,817,157
Endangered Habitats Conservancy (EHC)San Diego, CA$5,200,353
Osa ConservationWashington, DC$5,710,921
Aquidneck Island Land Trust (AILT)Middletown, RI$12,286,416
Flathead Land TrustKalispell, MT$6,809,562
Shasta Land TrustRedding, CA$11,450,498
Delaware Sustainable Energy Utility (SEU)Dover, DE$35,802,665
Data update history
May 18, 2024
Received grants
Identified 10 new grant, including a grant for $677,200 from Tides Foundation
December 23, 2023
Received grants
Identified 4 new grant, including a grant for $7,330 from Rare
August 20, 2023
Received grants
Identified 14 new grant, including a grant for $1,960,000 from Windward Fund
June 15, 2023
Posted financials
Added Form 990 for fiscal year 2022
June 14, 2023
Used new vendors
Identified 1 new vendor, including
Nonprofit Types
Social advocacy organizationsEnvironmental organizationsCharities
Issues
EducationPollutionEnvironment
Characteristics
Political advocacyNational levelTax deductible donations
General information
Address
100 Drakes Landing 260
Greenbrae, CA 94904
Metro area
San Francisco-Oakland-Berkeley, CA
County
Marin County, CA
Website URL
cooleffect.org/ 
Phone
(415) 454-2665
Facebook page
cooleffect2 
Twitter profile
@cool_effect 
IRS details
EIN
47-5068496
Fiscal year end
June
Taxreturn type
Form 990
Year formed
2015
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
C20: Pollution Abatement and Control Services
NAICS code, primary
813312: Environment, Conservation, and Wildlife Organizations
Parent/child status
Independent
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