EIN 46-3673347

Croatan Institute

IRS 501(c) type
501(c)(3)
Num. employees
14
City
Year formed
2013
Most recent tax filings
2023-12-01
Description
Croatan Institute leverages finance for social equity and ecological resilience. It catalyzes blended finance to serve underserved farmers and promotes just economy.
Total revenues
$1,999,080
2023
Total expenses
$1,631,380
2023
Total assets
$1,316,658
2023
Num. employees
14
2023

Program areas at Croatan Institute

Social equity-hosted inaugural diverse leaders in climate and agriculture summit. Completed three financial health investment workshops on literacy, business planning, and technical assistance program for farmers of color in the southeast. Launched a multiyear project to expand financial health investment technical assistance and resources to underserved farmers, ranchers, and foresters across north carolina. Increased participation of bipoc undergraduate students in the sustainable and impact investing field through educational webinars and coordinating paid internships with organizational partners for undergraduate students. Created a resource map for north carolina to support farmers seeking technical and financial assistance.
Transformative finance-published two reports: 1) one on the esg risks and shortcomings of the farm credit system and, 2) one on how finance can address the major risks and increase the resilience of the agricultural industry. Collaborated on a report about indigenizing catalytic capital. Continued developing the soil wealth opportunity pool: a suite of de-risking mechanisms designed to facilitate construction of blended capital stacks to make accessing capital easier for regenerative agriculture participants. Led a cohort of nonprofits to explore opportunities to integrate racial equity investing into their asset management strategies and used this research in combination with the Institute's research in regenerative agriculture for publication in a web-based tool for investment professionals.
Ecological resilience-continued development of soil wealth areas, place-based financing districts that connect regenerative agriculture producers and value chain businesses with aligned capital and technical assistance. Advised farmers and landowners on regenerative land management and conservation finance strategies. Led a usda conservation innovation grant on developing a smart food chain that expands markets for regenerative agriculture by capturing the nutritional and ecosystem benefits of those practices. Collaborated on a rural climate resilience project with regional councils of government, an agroforestry financing guidebook, a report on financing midwest grain value chains, and resources to support agricultural lender education.

Who funds Croatan Institute

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Marin Community FoundationUrsa Collective Support$100,000
The Nathan Cummings FoundationRacial Equity, Economics, Finance, and Sustainability (Reefs)$100,000
Grantham Foundation for the Protection of the EnvironmentPesticide Detection and Action$100,000
...and 9 more grants received

Personnel at Croatan Institute

NameTitleCompensation
Christi ElectrisExecutive Director and Senior Fellow$105,955
Anna Kanze HamiltonOperations Manager
Priscilla TrinhCommunications Manager
David LezaksSenior Fellow$116,500
Joshua HumphreysPresident and Chair , Senior Fellow$106,713
...and 3 more key personnel

Financials for Croatan Institute

RevenuesFYE 12/2023
Total grants, contributions, etc.$1,672,099
Program services$297,805
Investment income and dividends$28,796
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$339
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$41
Total revenues$1,999,080

Form 990s for Croatan Institute

Fiscal year endingDate received by IRSFormPDF link
2023-122024-06-14990View PDF
2022-122023-07-17990View PDF
2021-122022-07-18990View PDF
2020-122022-07-18990View PDF
2020-122021-09-22990View PDF
...and 7 more Form 990s
Data update history
August 14, 2024
Posted financials
Added Form 990 for fiscal year 2023
July 31, 2024
Used new vendors
Identified 3 new vendors, including , , and
July 8, 2024
Received grants
Identified 1 new grant, including a grant for $100,000 from Marin Community Foundation
May 18, 2024
Received grants
Identified 1 new grant, including a grant for $50,000 from Patagonia.org
April 25, 2024
Updated personnel
Identified 4 new personnel
Nonprofit Types
Social advocacy organizationsHuman service organizationsEthnic centersCharities
Issues
Land and water conservationEnvironmentHuman services
Characteristics
Receives government fundingTax deductible donationsAccepts online donations
General information
Address
PO Box 2044
Durham, NC 27702
Metro area
Durham-Chapel Hill, NC
County
Durham County, NC
Website URL
croataninstitute.org/ 
Phone
(919) 794-7440
IRS details
EIN
46-3673347
Fiscal year end
December
Taxreturn type
Form 990
Year formed
2013
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
P84: Ethnic, Immigrant Centers and Services
NAICS code, primary
813319: Social Advocacy Organizations
Parent/child status
Independent
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