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THE GREAT ISLAND FOUNDATION

NEW YORK, NY · EIN 134049061 · Form 990PF · FY2024 · NTEE T20 · Philanthropy & Grantmaking · Very Large (>$50M)
revenue
$83.1M
expenses
$2.8M
net assets
$94.3M
employees
profile · synthesized from sources

The Great Island Foundation is a private foundation based in New York that supports environmental conservation and climate resilience through strategic grantmaking. Its funding focuses on marine and forest ecosystem protection, conservation finance, and the global transition to renewable energy. The foundation primarily awards grants to nonprofit intermediaries and environmental organizations operating in North America, Europe, and the Arctic.

named programs · 4 · from sources

What they call their work

Arctic Conservation Collaboration
Partners with Oceans North Conservation Society to safeguard Arctic marine ecosystems.
Blue Carbon Positive Business Model Activator (BC+)
Supports innovative business models that enhance blue carbon ecosystems through partnerships with Conservation International and The Nature Conservancy.
PIE Americas Program
Funds the transition to renewables and phase-out of coal, oil, and gas in the Americas and Europe through grants to the European Climate Foundation.
Tongass National Forest Initiative
Supports conservation and climate resilience in Alaska’s Tongass National Forest through grants to the New Venture Fund.
activities · 2 groups

What they do

  • Environmental Conservation Grantmaking 6 activities
    • Funding Arctic ecosystem protection
      Funds Oceans North Conservation Society to safeguard the Arctic.
    • Funding blue carbon business model innovation for ocean conservation
      Funds the Conservation International Foundation and The Nature Conservancy through the Blue Carbon Positive Business Model Activator (BC+) initiative to advance ocean conservation and climate resilience.
    • Funding collaborative conservation and climate resilience in the Appalachians
      Funds Rewild to support conservation and climate collaboration in the Appalachian region.
    • Funding conservation and climate initiatives in the Tongass National Forest
      Funds the New Venture Fund for work on Alaska's Tongass National Forest, focusing on land, climate, and future conservation.
    • Funding ecological restoration through conservation finance
      Funds Blue Forest Finance Inc to accelerate ecological restoration through conservation finance, enabling climate resilience for ecosystems and communities.
    • Funding science-based aquatic ecosystem conservation
      Funds the Ocean Research & Conservation Association to protect and restore aquatic ecosystems through science-based conservation action.
  • Climate Change Research and Advocacy Funding 1 activity
    • Funding renewable energy transition and fossil fuel phase-out in the Americas
      Funds the Stichting European Climate Foundation’s PIE Americas Program and PIE Americas Programme to support transition to renewables and phase out coal, oil, and gas.
financials · form 990PF · fy2024
revenue
Total revenue$83.11M
Contributions & grants$72.91M88%
Program service revenue
Investment income$624K1%
Other revenue$9.14M
expenses
Total expenses$2.79M
Program expenses
Admin / overhead
Fundraising
Salaries & benefits$0
Grants paid out$6.30M
balance sheet
Total assets$99.03M
Cash
Investments
Liabilities
Net assets$94.31M
3 years on record · 2020–2024 · YoY revenue +2655.4%
relationships · 8

Who they work with

  • BLUE FOREST FINANCE INC Partner — Recipient of grants totaling $1,650,000 in 2023 and 2024 for conservation finance and ecological restoration.
  • CONSERVATION INTERNATIONAL FOUNDATION Partner — Recipient of a $250,000 grant in 2023 for the Blue Carbon Positive Business Model Activator (BC+).
  • NATURE CONSERVANCY Partner — Recipient of a $250,000 grant in 2023 for the Blue Carbon Positive Business Model Activator (BC+).
  • NEW VENTURE FUND Partner — Recipient of grants totaling $1,500,000 in 2023 and 2024 for work on Alaska's Tongass National Forest.
  • OCEAN RESEARCH & CONSERVATION ASSOCIATION (ORCA) Partner — Recipient of a $3,000,000 grant in 2024 for science-based aquatic ecosystem conservation.
  • OCEANS NORTH CONSERVATION SOCIETY Partner — Recipient of a $750,000 grant in 2023 to safeguard the Arctic.
  • REWILD Partner — Recipient of grants totaling $150,000 in 2023 and 2024 for conservation and climate collaboration in the Appalachians.
  • THE STICHTING EUROPEAN CLIMATE FOUNDATION Partner — Recipient of grants totaling $1,750,000 in 2023 and 2024 for the PIE Americas Program/Programme focused on renewable energy transition.