HOLDFAST TR: Form 990, tax year 2022
View the entire original 990 at ProPublica ↗
- Organization
- HOLDFAST TR (EIN 88-6574046)
- Tax period
- 2022-07-11 to 2022-12-31
- Filed
- 2023-11-06
- IRS object ID
- 202343109349302914
- Schema version
- 2022v5.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2023-11-06T14:31:06-06:00 | ReturnTs |
| Tax Period End | 2022-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 910189318 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MOSS ADAMS LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 225 S LAKE AVE SUITE 900 | AddressLine1Txt |
| City | PASADENA | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 91101 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2022-07-11 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 886574046 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | HOLDFAST TRUST | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | HOLD | BusinessNameControlTxt |
| Phone | 3073957117 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 255 BUFFALO WAY PO BOX 1905 | AddressLine1Txt |
| City | JACKSON | CityNm |
| State Abbreviation | WY | StateAbbreviationCd |
| ZIP | 830011905 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | GREG CURTIS | PersonNm |
| Person Title | TRUSTEE PRESIDENT | PersonTitleTxt |
| Phone | 3073957117 | PhoneNum |
| Signature | 2023-11-01 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | GREG | PersonFirstNm |
| Person Last | CURTIS | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (1) | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | LAUREN A HAVERLOCK | PreparerPersonNm |
| PTIN | P00545829 | PTIN |
| Phone | 3104770450 | PhoneNum |
| Preparation | 2023-11-01 | PreparationDt |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 0 | TrustedCustomerCd |
| Authentication Assurance Level | AAL1 | AuthenticationAssuranceLevelCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2022 | TaxYr |
| Build TS | 2023-04-26 12:10:37Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Initial Return | Yes (X) | InitialReturnInd |
| Principal Officer | GREG CURTIS | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 255 BUFFALO WAY PO BOX 1905 | AddressLine1Txt |
| City | JACKSON | CityNm |
| State Abbreviation | WY | StateAbbreviationCd |
| ZIP | 830011905 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $1,420,178,040 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c | Yes (X) | Organization501cInd |
| Website Address | N/A | WebsiteAddressTxt |
| Type Of Organization Trust | Yes (X) | TypeOfOrganizationTrustInd |
| Formation | 2022 | FormationYr |
| Legal Domicile State | WY | LegalDomicileStateCd |
| Activity Or Mission | PROVIDES GRANTS TO ORGANIZATIONS ENGAGED IN PROTECTING THE ENVIRONMENT AND ENGAGES IN DIRECT CONSERVATION EFFORTS TO PROTECT THE ENVIRONMENT THROUGH THE ACQUISITION OF LAND OR OTHER PROPERTY OR CONTRACTUAL RIGHTS | ActivityOrMissionDesc |
| Voting Members Governing Body | 1 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 0 | VotingMembersIndependentCnt |
| Total Employee | 0 | TotalEmployeeCnt |
| Total Volunteers | 0 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| CY Contributions Grants | $1,381,084,403 | CYContributionsGrantsAmt |
| CY Program Service Revenue | $0 | CYProgramServiceRevenueAmt |
| CY Investment Income | $39,093,637 | CYInvestmentIncomeAmt |
| CY Other Revenue | $0 | CYOtherRevenueAmt |
| CY Total Revenue | $1,420,178,040 | CYTotalRevenueAmt |
| CY Grants And Similar Paid | $7,475,000 | CYGrantsAndSimilarPaidAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| CY Salaries Comp Emp Bnft Paid | $1,165,989 | CYSalariesCompEmpBnftPaidAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| CY Other Expenses | $0 | CYOtherExpensesAmt |
| CY Total Expenses | $8,640,989 | CYTotalExpensesAmt |
| CY Revenues Less Expenses | $1,411,537,051 | CYRevenuesLessExpensesAmt |
| Total Assets EOY | $1,411,537,051 | TotalAssetsEOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances EOY | $1,411,537,051 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | FIGHTING THE ENVIRONMENTAL CRISIS BY RAISING AWARENESS OF THE CURRENT ENVIRONMENTAL CRISIS; PROTECTING BIODIVERSITY AND CLIMATE RESILIENCE THROUGH LAND PRESERVATION AND RESTORATION; DEFENDING AND SUPPORTING DEMOCRACY AND ENVIRONMENTAL ACTIVISM; LOBBYING AND OTHER ADVOCACY IN SUPPORT OF THESE ISSUES; AND MAKING GRANTS TO OTHER NONPROFIT ORGANIZATIONS. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $8,291,192 | ExpenseAmt |
| Grant | $7,475,000 | GrantAmt |
| Desc | FIGHTING THE ENVIRONMENTAL CRISIS BY RAISING AWARENESS OF THE CURRENT ENVIRONMENTAL CRISIS; PROTECTING BIODIVERSITY AND CLIMATE RESILIENCE THROUGH LAND PRESERVATION AND RESTORATION; DEFENDING AND SUPPORTING DEMOCRACY AND ENVIRONMENTAL ACTIVISM; LOBBYING AND OTHER ADVOCACY IN SUPPORT OF THESE ISSUES; AND MAKING GRANTS TO OTHER NONPROFIT ORGANIZATIONS. | Desc |
| Total Program Service Expenses | $8,291,192 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | 0 | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | Yes (1) | PoliticalCampaignActyInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | 0 | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | 0 | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | Yes (1) | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | 0 | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | 0 | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | 0 | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | 0 | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | 0 | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | Yes (1) | GrantsToOrganizationsInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Schedule J Required | 0 | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | 0 | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | Yes (1) | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | Yes (1) | DisregardedEntityInd |
| Related Entity | 0 | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 0 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Employee | 0 | EmployeeCnt |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 1 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 0 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | 0 | ConflictOfInterestPolicyInd |
| Whistleblower Policy | 0 | WhistleblowerPolicyInd |
| Document Retention Policy | 0 | DocumentRetentionPolicyInd |
| Compensation Process CEO | 0 | CompensationProcessCEOInd |
| Compensation Process Other | 0 | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | FOUR SEAS LLC DBA HOLDFAST COLLECTIVE | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 3073957117 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 255 BUFFALO WAY PO BOX 1905 | AddressLine1Txt |
| City | JACKSON | CityNm |
| State Abbreviation | WY | StateAbbreviationCd |
| ZIP | 830011905 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part VII | Yes (X) | InfoInScheduleOPartVIIInd |
Form990 Part VII Section A Form990PartVIISectionAGrp
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | FOUR SEAS LLC DBA HOLDFAST COLLECTIVE | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Title | INSTITUTIONAL TRUSTEE | TitleTxt |
| Average Hours Per Week | 74.00 | AverageHoursPerWeekRt |
| Institutional Trustee | Yes (X) | InstitutionalTrusteeInd |
| Reportable Comp From Org | $1,165,989 | ReportableCompFromOrgAmt |
| Reportable Comp From Rltd Org | $0 | ReportableCompFromRltdOrgAmt |
| Other Compensation | $0 | OtherCompensationAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $1,165,989 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $0 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 0 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | 0 | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
| Cntrct Rcvd Greater Than100 K | 0 | CntrctRcvdGreaterThan100KCnt |
| All Other Contributions | $1,381,084,403 | AllOtherContributionsAmt |
| Noncash Contributions | $1,381,084,403 | NoncashContributionsAmt |
| Total Contributions | $1,381,084,403 | TotalContributionsAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $39,093,637 | TotalRevenueColumnAmt |
| Exclusion | $39,093,637 | ExclusionAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $1,420,178,040 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $0 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $39,093,637 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $7,475,000 | TotalAmt |
| Program Services | $7,475,000 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,165,989 | TotalAmt |
| Program Services | $816,192 | ProgramServicesAmt |
| Management And General | $349,797 | ManagementAndGeneralAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $8,640,989 | TotalAmt |
| Program Services | $8,291,192 | ProgramServicesAmt |
| Management And General | $349,797 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $2,225,309 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $28,227,339 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $1,381,084,403 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $1,411,537,051 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
Cap Stk Tr Prin Current Funds CapStkTrPrinCurrentFundsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Pd In Cap Srpls Land Bldg Eqp Fund PdInCapSrplsLandBldgEqpFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Rtn Earn Endowment Incm Oth Fnds RtnEarnEndowmentIncmOthFndsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $1,411,537,051 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $1,411,537,051 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $1,411,537,051 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | $1,411,537,051 | ReconcilationRevenueExpnssAmt |
| Other Changes In Net Assets | $0 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | 0 | FSAuditedInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule C IRS990ScheduleC
| Field | Value | IRS element (for citing) |
|---|---|---|
| Political Expenditures | $275,000 | PoliticalExpendituresAmt |
| Internal Funds Contributed | $275,000 | InternalFundsContributedAmt |
| Total Exempt Function Expend | $275,000 | TotalExemptFunctionExpendAmt |
| Form1120 POL Filed | Yes (1) | Form1120POLFiledInd |
Section527 Political Org Section527PoliticalOrgGrp (4 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Paid Internal FundsPaidInternalFundsAmt |
|---|---|---|---|---|---|
| HOUSE MAJORITY PAC | |||||
| 1032 15TH STREET NW SUITE 247 | WASHINGTON | DC | 20005 | 451672898 | $100,000 |
| JANE FONDA CLIMATE PAC | |||||
| 600 PENNSYLVANIA AVE SE 15180 | WASHINGTON | DC | 20003 | 880838731 | $50,000 |
| SENATE MAJORITY PAC | |||||
| 1032 15TH STREET NW SUITE 247 | WASHINGTON | DC | 20005 | 272896127 | $100,000 |
| GALEO IMPACT FUND INC | |||||
| PO BOX 29506 | ATLANTA | GA | 30359 | 843328802 | $25,000 |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I-A, LINE 1: | FormAndLineReferenceDesc |
| Explanation | ORGANIZATION GAVE GRANTS TO VARIOUS POLITICAL ACTION COMMITTEES. SEE SCHEDULE C, PART I-C, LINE 5 FOR DETAILS. | ExplanationTxt |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $0 | TotalBookValueLandBuildingsAmt |
Other Securities OtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | NON-VOTING STOCK | Desc |
| Book Value | $1,381,084,403 | BookValueAmt |
| Method Valuation | C | MethodValuationCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Securities | $1,381,084,403 | TotalBookValueSecuritiesAmt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable (17 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Recipient EINRecipientEIN | IRC SectionIRCSectionDesc | Cash GrantCashGrantAmt | Non Cash AssistanceNonCashAssistanceAmt | Purpose Of GrantPurposeOfGrantTxt |
|---|---|---|---|---|---|---|---|---|
| THE VOTER PROJECT | ||||||||
| PO BOX 22611 | PHILADELPHIA | PA | 19110 | 863082391 | 501(C)(3) | $50,000 | $0 | GENERAL PURPOSE ADVOCACY GRANT |
| TAKE ACTION MINNESOTA | ||||||||
| 705 RAYMOND AVE NO 100 | ST PAUL | MN | 55114 | 203338691 | 501(C)(4) | $50,000 | $0 | GENERAL PURPOSE ADVOCACY GRANT |
| ENVIRONMENTAL VOTER PROJECT INC | ||||||||
| 38 MONUMENT AVE | BOSTON | MA | 02129 | 473697216 | 501(C)(4) | $50,000 | $0 | GENERAL PURPOSE ADVOCACY GRANT |
| AMERICA VOTES | ||||||||
| 1155 CONNECTICUT AVE NW 600 | WASHINGTON | DC | 20036 | 264568349 | 501(C)(4) | $50,000 | $0 | GENERAL PURPOSE ADVOCACY GRANT |
| NEXTGEN CLIMATE ACTION | ||||||||
| 548 MARKET STREET NO 98097 | SAN FRANCISCO | CA | 94104 | 461957345 | 501(C)(4) | $50,000 | $0 | GENERAL PURPOSE ADVOCACY GRANT |
| FAMILY FRIENDLY ACTION FUND | ||||||||
| 114 NORTH MAIN STREET NO 203 | CONCORD | NH | 03301 | 831806898 | 501(C)(4) | $50,000 | $0 | GENERAL PURPOSE ADVOCACY GRANT |
| GEORGIA INVESTOR ACTION FUND INC | ||||||||
| PO BOX 170515 | ATLANTA | GA | 30317 | 474777204 | 501(C)(4) | $75,000 | $0 | GENERAL PURPOSE ADVOCACY GRANT |
| GLAHR ACTION NETWORK | ||||||||
| 7 DUNWOODY PARK STE 110 | ATLANTA | GA | 30338 | 844531561 | 501(C)(4) | $25,000 | $0 | GENERAL PURPOSE ADVOCACY GRANT |
| THE CONSERVATION FUND | ||||||||
| 1655 N FORT MYER DRIVE SUITE 1300 | ARLINGTON | VA | 22209 | 521388917 | 501(C)(3) | $3,100,000 | $0 | LAND CONSERVATION |
| REWILD | ||||||||
| PO BOX 129 | AUSTIN | TX | 78767 | 262887967 | 501(C)(3) | $2,900,000 | $0 | LAND CONSERVATION |
| NORTHEAST WILDERNESS TRUST CORPORATION | ||||||||
| 17 STATE STREET NO 302 | MONTPELIER | VT | 05602 | 010729039 | 501(C)(3) | $700,000 | $0 | GENERAL PURPOSE GRANT |
| CENTER FOR AMERICAN PROGRESS ACTION FUND | ||||||||
| 1333 H STREET NW 10TH FLOOR | WASHINGTON | DC | 20005 | 300192708 | 501(C)(4) | $50,000 | $0 | GENERAL PURPOSE ADVOCACY GRANT |
| BLACK VOTERS MATTER FUND INC | ||||||||
| 4751 BEST RD | ATLANTA | GA | 30337 | 813625061 | 501(C)(4) | $50,000 | $0 | GENERAL PURPOSE ADVOCACY GRANT |
| HOUSE MAJORITY PAC | ||||||||
| 1032 15TH STREET NW SUITE 247 | WASHINGTON | DC | 20005 | 451672898 | $100,000 | $0 | GENERAL PURPOSE ADVOCACY GRANT | |
| JANE FONDA CLIMATE PAC | ||||||||
| 600 PENNSYLVANIA AVE SE 15180 | WASHINGTON | DC | 20003 | 880838731 | $50,000 | $0 | GENERAL PURPOSE ADVOCACY GRANT | |
| SENATE MAJORITY PAC | ||||||||
| 1032 15TH STREET NW SUITE 247 | WASHINGTON | DC | 20005 | 272896127 | $100,000 | $0 | GENERAL PURPOSE ADVOCACY GRANT | |
| GALEO IMPACT FUND PAC | ||||||||
| PO BOX 29506 | ATLANTA | GA | 30359 | 843328802 | 501(C)(4) | $25,000 | $0 | GENERAL PURPOSE ADVOCACY GRANT |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 4 | Total501c3OrgCnt |
| Total Other Org | 13 | TotalOtherOrgCnt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 2: | FormAndLineReferenceDesc |
| Explanation | FOR ALL GRANTS THE TRUST REQUIRES REPORTING FROM GRANTEES ON THE USE OF FUNDS AND PERIODICALLY ENGAGES WITH GRANTEES TO ENSURE THAT REPORTING IS BEING PERFORMED TIMELY AND ACCURATELY. FOR LARGER GRANTS, THE TRUST FOLLOWS A PROCEDURE AKIN TO EXPENDITURE RESPONSIBILITY. THIS PROCEDURE INCLUDES A PRE-GRANT INQUIRY TO EVALUATE THE HISTORY, EXPERIENCE AND ACTIVITIES OF THE GRANTEE. IF THE GRANT IS APPROVED, THE TRUST WILL ENTER INTO A WRITTEN COMMITMENT WITH THE GRANT RECIPIENT PRIOR TO PAYING THE GRANT. THE TRUST WILL ALSO OBTAIN A GRANT REPORTS ON BOTH AN ANNUAL BASIS AND UPON THE COMPLETION OF THE GRANT (DEPENDING ON THE LENGTH OF THE GRANT PAYMENT AND THE PROJECT FUNDED.) THIS REPORT PROVIDES INFORMATION ON THE USE OF THE GRANT FUNDS, COMPLIANCE WITH THE TERMS OF THE GRANTS AND PROGRESS MADE TOWARDS ACHIEVING THE PURPOSE OF THE GRANT. | ExplanationTxt |
Schedule M IRS990ScheduleM
Securities Closely Held Stock SecuritiesCloselyHeldStockGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 1 | ContributionCnt |
| Noncash Contributions Rpt F990 | $1,381,084,403 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | COST | MethodOfDeterminingRevenuesTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | 0 | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | 0 | ThirdPartiesUsedInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, COLUMN (B): | FormAndLineReferenceDesc |
| Explanation | NUMBER OF CONTRIBUTIONS | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (4 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION B, LINE 11B | THE FORM 990 IS PREPARED BY A PUBLIC ACCOUNTING FIRM AND THE TRUSTEE REVIEWS THE 990 PRIOR TO FILING. |
| FORM 990, PART VI, SECTION B, LINE 15 | THE ORGANIZATION IS MANAGED BY AN INSTITUTIONAL TRUSTEE, FOUR SEAS LLC DBA HOLDFAST COLLECTIVE. THE TRUSTEE FEE IS PAID TO AN INSTITUTIONAL TRUSTEE FOR MANAGEMENT AND OPERATIONAL SERVICES AND DOES NOT REPRESENT COMPENSATION TO ANY INDIVIDUAL EMPLOYEE. THE FEE COVERS THE OPERATING COSTS FOR THIS GRANT MAKING ENTITY AND OUTSIDE ADVISOR FEES FOR ACCOUNTING, LEGAL AND CONSULTING. THE ORGANIZATION SOUGHT AN OPINION FROM AN INDEPENDENT CONSULTANT TO DETERMINE THE FEE, WHICH WAS ESTABLISHED USING COMPARABILITY DATA AND IS BASED ON THE TOTAL INCOME GENERATED BY THE ASSETS OF THE TRUST. THE TRUSTEE FEE IS DOCUMENTED IN THE TRUSTEE FEE AGREEMENT. THE INSTITUTIONAL TRUSTEE FEE IS REPORTED ON PART VII, SECTION A AS WELL AS PART IX LINE 5 ACCORDING TO IRS FORM 990 INSTRUCTIONS. |
| FORM 990, PART VI, SECTION C, LINE 19 | DOCUMENTS WERE MADE AVAILABLE TO THE PUBLIC AS SOON AS THE DOCUMENTS WERE FINALIZED AND APPROVED BY IRS. |
| FORM 990, PART VII, SECTION A | FOUR SEAS LLC IS DOING BUSINESS AS THE HOLDFAST COLLECTIVE, WHICH IS A TRUSTEE SUPPORTING THE PHILANTHROPIC WORK OF FIVE NON-PROFIT TRUSTS: THE HOLDFAST TRUST, CHALTEN TRUST, SOJOURNER TRUST, WILDER TRUST, AND TAIL WIND TRUST. THE HOLDFAST COLLECTIVE IS A TRUST COMPANY THAT WAS CREATED TO EFFICIENTLY MANAGE AND ADMINISTER THE PHILANTHROPIC WORK OF THE NON-PROFITS. PLEASE REFER TO THE PART VI, LINE 15A DISCLOSURE FOR MORE INFORMATION ON THE SERVICES PROVIDED BY THE HOLDFAST COLLECTIVE. ALL OF THE NON-PROFITS SERVED BY THE HOLDFAST COLLECTIVE ARE 501(C)(4) SOCIAL WELFARE ORGANIZATIONS. THE NON-PROFITS, COLLECTIVELY, OWN 100% OF PATAGONIA'S NON-VOTING STOCK AND RECEIVE 97.65% OF ANY DIVIDEND PATAGONIA ISSUES. DIVIDENDS ISSUED BY PATAGONIA FUND THE PHILANTHROPIC WORK OF THE NON-PROFITS. THE LARGEST NON-PROFIT IS THE HOLDFAST TRUST; IT RECEIVES 77.7% OF ANY DIVIDEND. ALL THE NON-PROFITS ARE DEDICATED TO FIGHTING THE ENVIRONMENTAL CRISIS. FOR SIMPLICITY, WE REFER TO THE HOLDFAST COLLECTIVE AS PATAGONIA'S NON-PROFIT SHAREHOLDER. |
Schedule R IRS990ScheduleR
Id Disregarded Entities IdDisregardedEntitiesGrp
Disregarded Entity Name DisregardedEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | HT CONSERVATION HOLDINGS LLC | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 259 WEST SANTA CLARA STREET | AddressLine1Txt |
| City | VENTURA | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 93001 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 884144096 | EIN |
| Primary Activities | LAND HOLDING COMPANY | PrimaryActivitiesTxt |
| Legal Domicile State | DE | LegalDomicileStateCd |
| Total Income | $0 | TotalIncomeAmt |
| End Of Year Assets | $100 | EndOfYearAssetsAmt |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | HOLDFAST TRUST | BusinessNameLine1Txt |