HOLDFAST TR: Form 990, tax year 2024
View the entire original 990 at ProPublica ↗
- Organization
- HOLDFAST TR (EIN 88-6574046)
- Tax period
- 2024-01-01 to 2024-12-31
- Filed
- 2025-11-06
- IRS object ID
- 202523109349304577
- Schema version
- 2024v5.2
- 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 | 2025-11-06T17:56:41-06:00 | ReturnTs |
| Tax Period End | 2024-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 390859910 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BAKER TILLY ADVISORY GROUP LP | 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 | 2024-01-01 | 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 | 2025-11-06 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
| 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 | 8185771900 | PhoneNum |
| Preparation | 2025-11-06 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2024 | TaxYr |
| Build TS | 2025-03-06 01:10:19Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| 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 | $63,307,338 | 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 |
| PY Contributions Grants | $2,250,000 | PYContributionsGrantsAmt |
| CY Contributions Grants | $0 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $0 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $0 | CYProgramServiceRevenueAmt |
| PY Investment Income | $39,125,376 | PYInvestmentIncomeAmt |
| CY Investment Income | $63,307,331 | CYInvestmentIncomeAmt |
| PY Other Revenue | $0 | PYOtherRevenueAmt |
| CY Other Revenue | $7 | CYOtherRevenueAmt |
| PY Total Revenue | $41,375,376 | PYTotalRevenueAmt |
| CY Total Revenue | $63,307,338 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $34,698,209 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $36,272,000 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $1,165,989 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $1,199,627 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $213,746 | PYOtherExpensesAmt |
| CY Other Expenses | $928,165 | CYOtherExpensesAmt |
| PY Total Expenses | $36,077,944 | PYTotalExpensesAmt |
| CY Total Expenses | $38,399,792 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $5,297,432 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $24,907,546 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $1,419,036,339 | TotalAssetsBOYAmt |
| Total Assets EOY | $1,443,491,840 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $2,201,856 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $1,716,787 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $1,416,834,483 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $1,441,775,053 | 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 | $37,340,995 | ExpenseAmt |
| Grant | $36,272,000 | 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 | $37,340,995 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | 0 | DescribedInSection501c3Ind |
| Schedule B Required | 0 | 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 | Yes (1) | ForeignActivitiesInd |
| More Than5000 K To Org | Yes (1) | 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 | 0 | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | Yes (1) | DisregardedEntityInd |
| Related Entity | Yes (1) | RelatedEntityInd |
| Related Organization Ctrl Ent | Yes (1) | RelatedOrganizationCtrlEntInd |
| Transaction With Control Ent | Yes (1) | TransactionWithControlEntInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 4 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| 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 | 63.00 | AverageHoursPerWeekRt |
| Average Hours Per Week Rltd Org | 1.00 | AverageHoursPerWeekRltdOrgRt |
| Institutional Trustee | Yes (X) | InstitutionalTrusteeInd |
| Reportable Comp From Org | $1,199,627 | ReportableCompFromOrgAmt |
| Reportable Comp From Rltd Org | $0 | ReportableCompFromRltdOrgAmt |
| Other Compensation | $0 | OtherCompensationAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $1,199,627 | 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 |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $63,307,331 | TotalRevenueColumnAmt |
| Exclusion | $63,307,331 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | FOREIGN CURRENCY EXCHA | Desc |
| Business | 900099 | BusinessCd |
| Total Revenue Column | $7 | TotalRevenueColumnAmt |
| Exclusion | $7 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $7 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $63,307,338 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $0 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $63,307,338 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $35,922,000 | TotalAmt |
| Program Services | $35,922,000 | ProgramServicesAmt |
Foreign Grants ForeignGrantsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $350,000 | TotalAmt |
| Program Services | $350,000 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,199,627 | TotalAmt |
| Program Services | $1,068,995 | ProgramServicesAmt |
| Management And General | $130,632 | ManagementAndGeneralAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $208,923 | TotalAmt |
| Management And General | $208,923 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $20,475 | TotalAmt |
| Management And General | $20,475 | ManagementAndGeneralAmt |
Fees For Services Lobbying FeesForServicesLobbyingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $51,312 | TotalAmt |
| Management And General | $51,312 | ManagementAndGeneralAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $37,949 | TotalAmt |
| Management And General | $37,949 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (2 entries)
| DescDesc | TotalTotalAmt | Management And GeneralManagementAndGeneralAmt |
|---|---|---|
| TAXES | $609,505 | $609,505 |
| BANK SERVICE CHARGES | $1 | $1 |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $38,399,792 | TotalAmt |
| Program Services | $37,340,995 | ProgramServicesAmt |
| Management And General | $1,058,797 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $373,793 | BOYAmt |
| EOY | $104,814 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $14,000,000 | BOYAmt |
| EOY | $13,741,453 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $54,075 | BOYAmt |
| EOY | $23,373,658 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $16,077,230 | BOYAmt |
| EOY | $16,882,708 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,381,084,403 | BOYAmt |
| EOY | $1,381,084,403 | EOYAmt |
Investments Program Related InvestmentsProgramRelatedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $7,446,838 | BOYAmt |
| EOY | $8,304,804 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,419,036,339 | BOYAmt |
| EOY | $1,443,491,840 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,856 | BOYAmt |
| EOY | $716,787 | EOYAmt |
Grants Payable GrantsPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,200,000 | BOYAmt |
| EOY | $1,000,000 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,201,856 | BOYAmt |
| EOY | $1,716,787 | 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 | $1,416,834,483 | BOYAmt |
| EOY | $1,441,775,053 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,416,834,483 | BOYAmt |
| EOY | $1,441,775,053 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,419,036,339 | BOYAmt |
| EOY | $1,443,491,840 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $24,907,546 | ReconcilationRevenueExpnssAmt |
| Other Changes In Net Assets | $33,024 | 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 C IRS990ScheduleC
| Field | Value | IRS element (for citing) |
|---|---|---|
| Political Expenditures | $2,936,400 | PoliticalExpendituresAmt |
| Internal Funds Contributed | $2,936,400 | InternalFundsContributedAmt |
| Total Exempt Function Expend | $2,936,400 | TotalExemptFunctionExpendAmt |
| Form1120 POL Filed | Yes (1) | Form1120POLFiledInd |
Section527 Political Org Section527PoliticalOrgGrp (5 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Paid Internal FundsPaidInternalFundsAmt |
|---|---|---|---|---|---|
| SAVE OUR HOME PLANET ACTION INC | |||||
| 259 W SANTA CLARA STREET | VENTURA | CA | 93001 | 994343401 | $2,660,400 |
| SENATE MAJORITY PAC | |||||
| 1032 15TH STREET NW SUITE 247 | WASHINGTON | DC | 20005 | 272896127 | $200,000 |
| VENTURA COUNTY DEMOCRATIC CENTRAL COMMITTEE | |||||
| PO BOX 1587 | CAMARILLO | CA | 93011 | 208950275 | $45,500 |
| CLIMATE CABINET PAC | |||||
| 150 SUTTER STREET 695 | SAN FRANCISCO | CA | 94104 | 844327022 | $25,000 |
| STEPHENSON FOR SUPERVISOR | |||||
| 226 E CANON PERDIDO D | SANTA BARBARA | CA | 93101 | 933733952 | $5,500 |
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 F IRS990ScheduleF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Account Activities Outside US AccountActivitiesOutsideUSGrp (2 entries)
| RegionRegionTxt | OfficesOfficesCnt | EmployeeEmployeeCnt | Type Of Activities ConductedTypeOfActivitiesConductedTxt | Region Total ExpendituresRegionTotalExpendituresAmt |
|---|---|---|---|---|
| NORTH AMERICA - CANADA AND MEXICO, BUT NOT THE UNITED STATES | 0 | 0 | INVESTMENT | $2,259,731 |
| EAST ASIA AND THE PACIFIC | 0 | 0 | GRANTS | $350,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Subtotal Offices | 0 | SubtotalOfficesCnt |
| Subtotal Employees | 0 | SubtotalEmployeesCnt |
| Continuation Total Office | 0 | ContinuationTotalOfficeCnt |
| Continuation Total Employee | 0 | ContinuationTotalEmployeeCnt |
| Total Office | 0 | TotalOfficeCnt |
| Total Employee | 0 | TotalEmployeeCnt |
| Subtotal Spent | $2,609,731 | SubtotalSpentAmt |
| Continuation Spent | $0 | ContinuationSpentAmt |
| Total Spent | $2,609,731 | TotalSpentAmt |
Grants To Org Outside US GrantsToOrgOutsideUSGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Region | EAST ASIA AND THE PACIFIC | RegionTxt |
| Purpose Of Grant | PHILANTHROPY RELATED TO PROTECTING OUR PLANET FROM CLIMATE CHANGE; GENERAL SUPPORT | PurposeOfGrantTxt |
| Cash Grant | $350,000 | CashGrantAmt |
| Non Cash Assistance | $0 | NonCashAssistanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 0 | Total501c3OrgCnt |
| Total Other Org | 1 | TotalOtherOrgCnt |
| Transfer To Foreign Corp | Yes (1) | TransferToForeignCorpInd |
| Interest In Foreign Trust | 0 | InterestInForeignTrustInd |
| Foreign Corp Ownership | Yes (1) | ForeignCorpOwnershipInd |
| Passive Foreign Investmest Co | 0 | PassiveForeignInvestmestCoInd |
| Foreign Partnership | 0 | ForeignPartnershipInd |
| Boycott Countries | 0 | BoycottCountriesInd |
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 I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable (12 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Recipient EINRecipientEIN | IRC SectionIRCSectionDesc | Cash GrantCashGrantAmt | Non Cash AssistanceNonCashAssistanceAmt | Purpose Of GrantPurposeOfGrantTxt |
|---|---|---|---|---|---|---|---|---|
| MARIN COMMUNITY FOUNDATION | ||||||||
| 5 HAMILTON LANDING SUITE 200 | NOVATO | CA | 94949 | 943007979 | 501(C)(3) | $17,040,000 | $0 | PHILANTHROPY RELATED TO PROTECTING OUR PLANET FROM CLIMATE CHANGE; GENERAL SUPPORT |
| THE NATURE CONSERVANCY | ||||||||
| 4245 N FAIRFAX DRIVE SUITE 100 | ARLINGTON | VA | 22203 | 530242652 | 501(C)(3) | $7,200,000 | $0 | PHILANTHROPY RELATED TO PROTECTING OUR PLANET FROM CLIMATE CHANGE; GENERAL SUPPORT |
| SAVE OUR HOME PLANET ACTION INC | ||||||||
| 259 W SANTA CLARA STREET | VENTURA | CA | 93001 | 994343401 | 501(C)(4) | $6,651,000 | $0 | ADVOCACY RELATED TO PROTECTING OUR PLANET FROM CLIMATE CHANGE; GENERAL SUPPORT |
| REWILD | ||||||||
| PO BOX 129 | AUSTIN | TX | 78767 | 943007979 | 501(C)(3) | $3,250,000 | $0 | PHILANTHROPY RELATED TO PROTECTING OUR PLANET FROM CLIMATE CHANGE; GENERAL SUPPORT |
| SMITH RIVER ALLIANCE INC | ||||||||
| PO BOX 129 | AUSTIN | TX | 78767 | 262887967 | 501(C)(3) | $830,000 | $0 | PHILANTHROPY RELATED TO PROTECTING OUR PLANET FROM CLIMATE CHANGE; GENERAL SUPPORT |
| CAMPAIGN FOR A SAFE AND HEALTHY CALIFORNIA | ||||||||
| 1700 TRIBUTE ROAD SUITE 201 | SACRAMENTO | CA | 95815 | 931659476 | $500,000 | $0 | ADVOCACY RELATED TO PROTECTING OUR PLANET FROM CLIMATE CHANGE; GENERAL SUPPORT | |
| SENATE MAJORITY PAC | ||||||||
| 1032 15TH STREET NW SUITE 247 | WASHINGTON | DC | 20005 | 272896127 | $200,000 | $0 | ADVOCACY RELATED TO PROTECTING OUR PLANET FROM CLIMATE CHANGE; GENERAL SUPPORT | |
| TIDES ADVOCACY | ||||||||
| 1014 TORNEY AVENUE | SAN FRANCISCO | CA | 94129 | 943153687 | 501(C)(4) | $100,000 | $0 | ADVOCACY RELATED TO PROTECTING OUR PLANET FROM CLIMATE CHANGE; GENERAL SUPPORT |
| CLIMATE CABINET ACTION | ||||||||
| 150 SUTTER STREET 695 | SAN FRANCISCO | CA | 94104 | 854196094 | 501(C)(4) | $75,000 | $0 | ADVOCACY RELATED TO PROTECTING OUR PLANET FROM CLIMATE CHANGE; GENERAL SUPPORT |
| VENTURA COUNTY DEMOCRATIC CENTRAL COMMITTEE | ||||||||
| PO BOX 1587 | CAMARILLO | CA | 93011 | 208950275 | $45,500 | $0 | ADVOCACY RELATED TO PROTECTING OUR PLANET FROM CLIMATE CHANGE; GENERAL SUPPORT | |
| CLIMATE CABINET PAC | ||||||||
| 150 SUTTER STREET 695 | SAN FRANCISCO | CA | 94104 | 844327022 | $25,000 | $0 | ADVOCACY RELATED TO PROTECTING OUR PLANET FROM CLIMATE CHANGE; GENERAL SUPPORT | |
| STEPHENSON FOR SUPERVISOR | ||||||||
| 226 E CANON PERDIDO D | SANTA BARBARA | CA | 93101 | 933733952 | $5,500 | $0 | ADVOCACY RELATED TO PROTECTING OUR PLANET FROM CLIMATE CHANGE; GENERAL SUPPORT | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 4 | Total501c3OrgCnt |
| Total Other Org | 8 | 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 O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (5 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. |
| FORM 990, PART XI, LINE 9: | CUMULATIVE TRANSLATION ADJUSTMENT 33,024. |
Schedule R IRS990ScheduleR
Id Disregarded Entities IdDisregardedEntitiesGrp (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Total IncomeTotalIncomeAmt | End Of Year AssetsEndOfYearAssetsAmt | Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt |
|---|---|---|---|---|---|---|---|---|---|
| HT CONSERVATION HOLDINGS LLC | |||||||||
| 259 WEST SANTA CLARA STREET | VENTURA | CA | 93001 | 884144096 | LAND HOLDING COMPANY | DE | $0 | $8,352,740 | HOLDFAST TRUST |
| VENTURA RIVER PARKWAY DEVELOPMENT LLC | |||||||||
| 259 WEST SANTA CLARA STREET | VENTURA | CA | 93001 | PROPERTY HOLDINGS | DE | $0 | $0 | HOLDFAST TRUST | |
Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Direct Controlling NADirectControllingNACd | Entity TypeEntityTypeTxt | OwnershipOwnershipPct | Controlled OrganizationControlledOrganizationInd | Address Line1ForeignAddress/AddressLine1Txt | CityForeignAddress/CityNm | Province Or StateForeignAddress/ProvinceOrStateNm | CountryForeignAddress/CountryCd | Foreign PostalForeignAddress/ForeignPostalCd | Legal Domicile Foreign CountryLegalDomicileForeignCountryCd | Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt | Share Of EOY AssetsShareOfEOYAssetsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| PATAGONIA WORKS - SEE PART VII EXPLANATION | |||||||||||||||||
| 235 W SANTA CLARA ST | VENTURA | CA | 93001 | HOLDING COMPANY | CA | N/A | C | 0.77700 | Yes (1) | ||||||||
| TP LOG SALVAGE LTD | |||||||||||||||||
| LAND HOLDING COMPANY | C | 1.00000 | Yes (1) | 800-1070 DOUGLAS STREET | VICTORIA | BRITISH COLUMBIA | CA | V8W 2C4 | CA | HOLDFAST TRUST | $2,259,994 | ||||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | 0 | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | Yes (1) | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | 0 | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | 0 | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | Yes (1) | DivRelatedOrganizationInd |
| Asset Sale To Other Org | 0 | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | 0 | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | 0 | AssetExchangeInd |
| Rental Of Facilities To Oth Org | 0 | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | 0 | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | 0 | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | 0 | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | 0 | SharingOfFacilitiesInd |
| Paid Employees Sharing | 0 | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | 0 | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | 0 | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | 0 | TransferToOtherOrgInd |
| Transfer From Other Org | 0 | TransferFromOtherOrgInd |
Transactions Related Org TransactionsRelatedOrgGrp (2 entries)
| Transaction TypeTransactionTypeTxt | InvolvedInvolvedAmt | Method Of Amount DeterminationMethodOfAmountDeterminationTxt |
|---|---|---|
| PATAGONIA WORKS | ||
| F | $62,186,074 | FMV |
| TP LOG SALVAGE LTD | ||
| B | $280,615 | FMV |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE R, PART IV, PATAGONIA WORKS | FormAndLineReferenceDesc |
| Explanation | HOLDFAST TRUST HAS A FINANCIAL INTEREST IN PATAGONIA (AS DESCRIBED ON SCHEDULE O) AND DOES NOT HAVE A CONTROLLING INTEREST. REASONABLE EFFORTS WERE MADE TO OBTAIN THE INFORMATION REGARDING SCHEDULE R, PART IV, COLUMNS (D), (F), (G), AND (H), BUT THIS INFORMATION IS NOT AVAILABLE TO HOLDFAST TRUST. THE BEST APPROXIMATION IS REPORTED ON SCHEDULE R, PART IV, COLUMNS (D), (F), (G), AND (H). | ExplanationTxt |