Program areas at The Pallet Foundation
The Foundation has hired a consultant to provide strategic advice and a historical perspective on all aspects of ISPM 15. He writes summary briefs, participates in meetings and conferences and represents the Pallet industry a various meetings and conferences.
Natures Packaging is a campaign designed to promote the benefits of wood packaging. It will supply research and analytical support to gather environmental facts and figures on issues such as life cycle analysis, forest sustainability, certification and wood recycling programs.
The Foundation funds grants to Virginia Tech University to explore the status of new Wood Pallet Manufacturing & Pallet Recycling in the US thru the Natures Packaging campaign
The Pallet & Containier Lab located at Virginia Tech University continues to provide testing research on various types of pallets and wood species. In addition, Simulation testing was used to test the longevity of the Pallet, which goes into the equation to calculate the environmental impact.
The Foundation continues to fund research with Virginia Tech University to explore the modeling of the quality of wood pallets & circulation in the US
Who funds The Pallet Foundation
Grants from foundations and other nonprofits
Personnel at The Pallet Foundation
| Name | Title | Compensation | Date of data |
|---|
| Brent McClendon | Secretary | $0 | 2024-07-09 |
| Michael Saylor | Treasurer | $0 | 2023-12-31 |
| Steve Yelland | Chair | $0 | 2023-12-31 |
| Frank Shean | Vice Chair | $0 | 2023-12-31 |
Financials for The Pallet Foundation
| Revenues | FYE 12/2023 | FYE 12/2022 | % Change |
|---|
| Total grants, contributions, etc. | $621,455 | $545,004 | 14% |
| Program services | $0 | $0 | - |
| Investment income and dividends | $76,345 | $44,159 | 72.9% |
| Tax-exempt bond proceeds | $0 | $0 | - |
| Royalty revenue | $0 | $0 | - |
| Net rental income | $0 | $0 | - |
| Net gain from sale of non-inventory assets | $0 | $0 | - |
| Net income from fundraising events | $0 | $0 | - |
| Net income from gaming activities | $0 | $0 | - |
| Net income from sales of inventory | $0 | $0 | - |
| Miscellaneous revenues | $0 | $0 | - |
| Total revenues | $697,800 | $589,163 | 18.4% |
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Data update history
August 28, 2024
Posted financials
Added Form 990 for fiscal year 2023
August 27, 2024
Updated personnel
Identified 4 new personnel
December 23, 2023
Received grants
November 14, 2023
Posted financials
Added Form 990 for fiscal year 2022
August 8, 2023
Posted financials
Added Form 990 for fiscal year 2021
Nonprofit Types
Grantmaking organizationsResearch centersChapter / child organizationsCharities
Issues
Science and technology
Characteristics
Conducts researchFundraising eventsAuction fundraisersFundraising races, competitions, and tournamentsTax deductible donationsNo full-time employees
General information
- Address
- 1421 Prince St Ste 340
- Alexandria, VA 22314
- Metro area
- Washington-Arlington-Alexandria, DC-VA-MD-WV
- County
- Alexandria city, VA
IRS details
- EIN
- 54-1798031
- Fiscal year end
- December
- Taxreturn type
- Form 990
- Year formed
- 1996
- Eligible to receive tax-deductible contributions (Pub 78)
- Yes
Categorization
- NTEE code, primary
- U40: Engineering and Technology Research, Services
- NAICS code, primary
- 813211: Grantmaking Foundations
- Parent/child status
- Subordinate organization
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