EIN 47-5068496

Cool Effect

IRS 501(c) type
501(c)(3)
Num. employees
3
Year formed
2015
Most recent tax filings
2023-06-01
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
$18,784,571
2023
Total expenses
$19,168,969
2023
Total assets
$8,181,551
2023
Num. employees
3
2023

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$782,500
American Online Giving FoundationGeneral Support$93,926
Fidelity Investments Charitable Gift FundFor Grant Recipient's Exempt Purposes$77,836
...and 19 more grants received totalling $1,214,154

Personnel at Cool Effect

NameTitleCompensation
Jodi ManningChief Executive Officer$0
Mike BruceChief Financial Officer and Chief Operating Officer$0
Blake LawrenceDirector of Product Management
Johanna DepenthalDirector of Project Research
Elsy AlvaradoManager of Project Relations
...and 4 more key personnel

Financials for Cool Effect

RevenuesFYE 06/2023
Total grants, contributions, etc.$18,629,202
Program services$140,000
Investment income and dividends$15,369
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$18,784,571

Form 990s for Cool Effect

Fiscal year endingDate received by IRSFormPDF link
2023-062024-05-14990View PDF
2022-062023-04-17990View PDF
2021-062022-04-29990View PDF
2020-062021-04-14990View PDF
2019-062020-01-10990View PDF
...and 3 more Form 990s
Data update history
October 19, 2024
Updated personnel
Identified 3 new personnel
September 21, 2024
Received grants
Identified 2 new grant, including a grant for $10,000 from The Allen and Eve Foundation
August 12, 2024
Posted financials
Added Form 990 for fiscal year 2023
July 10, 2024
Received grants
Identified 1 new grant, including a grant for $25,500 from Jewish Community Federation and Endowment Fund
May 18, 2024
Received grants
Identified 10 new grant, including a grant for $677,200 from Tides Foundation
Nonprofit Types
Social advocacy organizationsEnvironmental organizationsCharities
Issues
EducationPollutionEnvironment
Characteristics
Political advocacyOperates internationallyNational levelTax deductible donationsAccepts online 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
California AB-488 details
AB 488 status
May Operate or Solicit for Charitable Purposes
Charity Registration status
Current
FTB status revoked
Not revoked
AG Registration Number
CT0231342
FTB Entity ID
3838358
AB 488 data last updated ("as-of") date
2024-12-04
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