Attach to Form 990 or Form 990-EZ.
Go to
www.irs.gov/Form990 for instructions and the latest information.
| (i) Name of supported organization | (ii) EIN | (iii) Type of organization (described on lines 1- 10 above (see instructions)) | (iv) Is the organization listed in your governing document? | (v) Amount of monetary support (see instructions) | (vi) Amount of other support (see instructions) | |
|---|---|---|---|---|---|---|
| Yes | No | |||||
|
Total |
||||||
Calendar year (or fiscal year beginning in) ![]() |
(a) 2015 | (b) 2016 | (c) 2017 | (d) 2018 | (e) 2019 | (f) Total | |
|---|---|---|---|---|---|---|---|
| 1 | Gifts, grants, contributions, and membership fees received. (Do not include any "unusual grant.") .. | 127,497,252 | 161,593,821 | 174,988,334 | 173,735,553 | 187,198,934 | 825,013,894 |
| 2 | Tax revenues levied for the organization's benefit and either paid to or expended on its behalf.... | 0 | |||||
| 3 | The value of services or facilities furnished by a governmental unit to the organization without charge.. | 0 | |||||
| 4 | Total. Add lines 1 through 3 | 127,497,252 | 161,593,821 | 174,988,334 | 173,735,553 | 187,198,934 | 825,013,894 |
| 5 | The portion of total contributions by each person (other than a governmental unit or publicly supported organization) included on line 1 that exceeds 2% of the amount shown on line 11, column (f).. | 54,978,362 | |||||
| 6 | Public support. Subtract line 5 from line 4. | 770,035,532 | |||||
Calendar year
(or fiscal year beginning in) ![]() |
(a) 2015 | (b) 2016 | (c) 2017 | (d) 2018 | (e) 2019 | (f) Total | |
|---|---|---|---|---|---|---|---|
| 7 | Amounts from line 4.. | 127,497,252 | 161,593,821 | 174,988,334 | 173,735,553 | 187,198,934 | 825,013,894 |
| 8 | Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources... | 3,028,753 | 2,547,986 | 3,366,262 | 4,884,885 | 3,054,202 | 16,882,088 |
| 9 | Net income from unrelated business activities, whether or not the business is regularly carried on.. | ||||||
| 10 | Other income. Do not include gain or loss from the sale of capital assets (Explain in Part VI.).. | 250,260 | 259,525 | 241,160 | 462,225 | 179,076 | 1,392,246 |
| 11 | Total support. Add lines 7 through 10 | 843,527,299 | |||||
Calendar year (or fiscal year beginning in) ![]() |
(a) 2015 | (b) 2016 | (c) 2017 | (d) 2018 | (e) 2019 | (f) Total | |
|---|---|---|---|---|---|---|---|
| 1 | Gifts, grants, contributions, and membership fees received. (Do not include any "unusual grants.") . | ||||||
| 2 | Gross receipts from admissions, merchandise sold or services performed, or facilities furnished in any activity that is related to the organization's tax-exempt purpose | ||||||
| 3 | Gross receipts from activities that are not an unrelated trade or business under section 513 ..... | ||||||
| 4 | Tax revenues levied for the organization's benefit and either paid to or expended on its behalf... | ||||||
| 5 | The value of services or facilities furnished by a governmental unit to the organization without charge | ||||||
| 6 | Total. Add lines 1 through 5 | ||||||
| 7a | Amounts included on lines 1, 2, and 3 received from disqualified persons | ||||||
| b | Amounts included on lines 2 and 3 received from other than disqualified persons that exceed the greater of $5,000 or 1% of the amount on line 13 for the year. | ||||||
| c | Add lines 7a and 7b.. | ||||||
| 8 | Public support. (Subtract line 7c from line 6.) | ||||||
Calendar year (or fiscal year beginning in) ![]() |
(a) 2015 | (b) 2016 | (c) 2017 | (d) 2018 | (e) 2019 | (f) Total | |
|---|---|---|---|---|---|---|---|
| 9 | Amounts from line 6... | ||||||
| 10a | Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources.. | ||||||
| b | Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975. | ||||||
| c | Add lines 10a and 10b. | ||||||
| 11 | Net income from unrelated business activities not included in line 10b, whether or not the business is regularly carried on. | ||||||
| 12 | Other income. Do not include gain or loss from the sale of capital assets (Explain in Part VI.) .. | ||||||
| 13 | Total support. (Add lines 9, 10c, 11, and 12.).. | ||||||
| Section A - Adjusted Net Income | (A) Prior Year |
(B) Current Year (optional) |
||||
| 1 | Net short-term capital gain | 1 | ||||
| 2 | Recoveries of prior-year distributions | 2 | ||||
| 3 | Other gross income (see instructions) | 3 | ||||
| 4 | Add lines 1 through 3 | 4 | ||||
| 5 | Depreciation and depletion | 5 | ||||
| 6 | Portion of operating expenses paid or incurred for production or collection of gross income or for management, conservation, or maintenance of property held for production of income (see instructions) | 6 | ||||
| 7 | Other expenses (see instructions) | 7 | ||||
| 8 | Adjusted Net Income (subtract lines 5, 6 and 7 from line 4) | 8 | ||||
| Section B - Minimum Asset Amount | (A) Prior Year |
(B) Current Year (optional) |
||||
| 1 | Aggregate fair market value of all non-exempt-use assets (see instructions for short tax year or assets held for part of year): | 1 | ||||
| a | Average monthly value of securities | 1a | ||||
| b | Average monthly cash balances | 1b | ||||
| c | Fair market value of other non-exempt-use assets | 1c | ||||
| d | Total (add lines 1a, 1b, and 1c) | 1d | ||||
| e |
Discount claimed for blockage or other factors (explain in detail in Part VI): |
|||||
| 2 | Acquisition indebtedness applicable to non-exempt use assets | 2 | ||||
| 3 | Subtract line 2 from line 1d | 3 | ||||
| 4 | Cash deemed held for exempt use. Enter 1-1/2% of line 3 (for greater amount, see instructions). | 4 | ||||
| 5 | Net value of non-exempt-use assets (subtract line 4 from line 3) | 5 | ||||
| 6 | Multiply line 5 by .035 | 6 | ||||
| 7 | Recoveries of prior-year distributions | 7 | ||||
| 8 | Minimum Asset Amount (add line 7 to line 6) | 8 | ||||
| Section C - Distributable Amount | Current Year | |||||
| 1 | Adjusted net income for prior year (from Section A, line 8, Column A) | 1 | ||||
| 2 | Enter 85% of line 1 | 2 | ||||
| 3 | Minimum asset amount for prior year (from Section B, line 8, Column A) | 3 | ||||
| 4 | Enter greater of line 2 or line 3 | 4 | ||||
| 5 | Income tax imposed in prior year | 5 | ||||
| 6 | Distributable Amount. Subtract line 5 from line 4, unless subject to emergency temporary reduction (see instructions) | 6 | ||||
| Section D - Distributions | Current Year | |
|---|---|---|
| 1 Amounts paid to supported organizations to accomplish exempt purposes | ||
|
2
Amounts paid to perform activity that directly furthers exempt purposes of supported organizations, in excess of income from activity |
||
| 3 Administrative expenses paid to accomplish exempt purposes of supported organizations | ||
| 4 Amounts paid to acquire exempt-use assets | ||
| 5 Qualified set-aside amounts (prior IRS approval required) | ||
| 6 Other distributions (describe in Part VI). See instructions | ||
| 7Total annual distributions. Add lines 1 through 6. | ||
|
8
Distributions to attentive supported organizations to which the organization is responsive (provide details in Part VI). See instructions |
||
| 9 Distributable amount for 2019 from Section C, line 6 | ||
| 10 Line 8 amount divided by Line 9 amount | ||
| Section E - Distribution Allocations (see instructions) |
(i) Excess Distributions |
(ii) Underdistributions Pre-2019 |
(iii) Distributable Amount for 2019 |
|
|---|---|---|---|---|
| 1 Distributable amount for 2019 from Section C, line 6 | ||||
|
2
Underdistributions, if any, for years prior to 2019 (reasonable cause required-- explain in Part VI). See instructions. |
||||
| 3 Excess distributions carryover, if any, to 2019: | ||||
| a From 2014....... | ||||
| b From 2015....... | ||||
| c From 2016....... | ||||
| d From 2017....... | ||||
| e From 2018....... | ||||
| fTotal of lines 3a through e | ||||
| g Applied to underdistributions of prior years | ||||
| h Applied to 2019 distributable amount | ||||
|
i
Carryover from 2014 not applied (see instructions) |
||||
| j Remainder. Subtract lines 3g, 3h, and 3i from 3f. | ||||
| 4Distributions for 2019 from Section D, line 7: | ||||
| $ | ||||
| a Applied to underdistributions of prior years | ||||
| b Applied to 2019 distributable amount | ||||
| c Remainder. Subtract lines 4a and 4b from 4. | ||||
|
5
Remaining underdistributions for years prior to 2019, if any. Subtract lines 3g and 4a from line 2. If the amount is greater than zero, explain in Part VI. See instructions. |
||||
|
6
Remaining underdistributions for 2019. Subtract lines 3h and 4b from line 1. If the amount is greater than zero, explain in Part VI. See instructions. |
||||
|
7 Excess distributions carryover to 2020. Add lines 3j and 4c. |
||||
| 8 Breakdown of line 7: | ||||
| a Excess from 2015..... | ||||
| b Excess from 2016..... | ||||
| c Excess from 2017..... | ||||
| d Excess from 2018..... | ||||
| e Excess from 2019..... | ||||
| Facts And Circumstances Test |
|---|
| Return Reference | Explanation |
|---|
| Software ID: | |
| Software Version: |
Attach to Form 990 or 990-EZ.
Go to www.irs.gov/Form990 for the latest information.
| Return Reference | Explanation |
|---|---|
| Principal Officer | Former President, Rhea Suh, served as President of NRDC through June of 2019, when she was replaced by Interim President, Mitchell Bernard who served from July 1, 2019 through January of 2020, when his interim period ended with the hiring of Ms. Gina McCarthy as the new President. Upon the election of President Joseph Biden, Ms. McCarthy transitioned to a position with the Biden administration. No compensation is reported for Ms. McCarthy within the Form 990 as she commenced service with NRDC in calendar year 2020; accordingly, her compensation will be reported on next years Form 990 for the year ending June 30, 2021. Mitchell Bernard was again appointed as interim President (in addition to his role as Chief Counsel) of NRDC in January of 2021, to serve until such time as NRDC hires a new President. GENERAL EXPLANATORY STATEMENT REGARDING THE COVID-19 IMPACT ON THE ORGANIZATION IN MARCH 2020, THE WORLD HEALTH ORGANIZATION DECLARED COVID-19 A pANDEMIC, WHICH RESULTED IN FEDERAL, STATE AND LOCAL GOVERNMENTS AND PRIVATE ENTITIES MANDATING VARIOUS RESTRICTIONS, INCLUDING TRAVEL RESTRICTIONS, RESTRICTIONS ON PUBLIC GATHERINGS, AND STAY AT HOME ORDERS. AFTER EVALUATING THE RESPONSES AND GUIDANCE FROM FEDERAL, STATE, AND LOCAL GOVERNMENTS, NRDC CLOSED ITS BEIJING OFFICE IN FEBRUARY 2020 (REOPENED SINCE SEPTEMBER 2020), AND CLOSED ALL ITS U.S. OFFICES IN MARCH 2020, WITH A MAJORITY OF THE EMPLOYEES WORKING REMOTELY UNTIL AT LEAST JANUARY 2021. NRDC CONTINUES TO MONITOR DEVELOPMENTS, INCLUDING GOVERNMENT REQUIREMENTS AND RECOMMENDATIONS AT THE NATIONAL, STATE AND LOCAL LEVEL, TO EVALUATE POSSIBLE EXTENSION TO ALL OR PART OF SUCH CLOSURES. IN ADDITION, NRDC HAS TAKEN SEVERAL STEPS TO STRENGTHEN ITS FINANCIAL POSITION AND MAINTAIN FINANCIAL LIQUIDITY, INCLUDING EXPENSE REDUCTIONS ACROSS FUNCTIONAL AREAS, INCREASING THE DRAW FROM ITS ENDOWMENT AND RESERVE FUNDS, ESTABLISHING A BANK REVOLVER TO EXPAND LIQUIDITY, AND BROADENING NEW DONOR CULTIVATION ACTIVITIES ALL IN AN EFFORT TO OFFSET POTENTIAL DECLINES IN FUNDRAISING REVENUES AND INVESTMENT returns. THE OUTBREAK HAS ADVERSELY IMPACTED THE LEVEL OF ECONOMIC ACTIVITY AROUND THE WORLD AND DISRUPTED NORMAL BUSINESS ACTIVITY IN EVERY SECTOR OF THE ECONOMY. AS THE COVID-19 PANDEMIC IS COMPLEX AND RAPIDLY EVOLVING, NRDC'S PLANS AS DESCRIBED ABOVE MAY CHANGE. AT THIS POINT, A REASONABLE eSTIMATE AS TO THE DURATION AND SEVERITY OF THE PANDEMIC AND ITS IMPACT oN NRDC'S CHANGES IN NET ASSETS, FINANCIAL POSITION OR CASH FLOWS CANNOT BE DETERMINED. GOVERNING BODY AND MANAGEMENT PART VI, LINE 1B - THE NRDC BOARD OF TRUSTEES IS COMPRISED OF 37 INDEPENDENT VOTING BOARD MEMBERS. BOARD OF TRUSTEES MEMBER JOHN ADAMS IS NOT INDEPENDENT BY VIRTUE OF RECEIVING COMPENSATION FROM THE ORGANIZATION. Board of Trustees Member, Wendy Neu, is not independent by virtue of the compensatory relationship described in Schedule L; accordingly of the 37 Board of Trustees members, 35 are deemed to be independent. |
| FORM 990, PART VI, LINE 2 | BOARD OF TRUSTEES MEMBERS, FREDERICK A.O. SCHWARZ, JR. AND FREDERICA PERERA, HAVE A FAMILY RELATIONSHIP. BOARD OF TRUSTEES MEMBER, SARAH COGAN AND OFFICER MARIPAT ALPUCHE HAVE A BUSINESS RELATIONSHIP. Board of Trustees Members, Sarah Cogan and Atif Azher have a business relationship. BOARD OF TRUSTEES MEMBERS, DANIEL R. TISHMAN AND KATHLEEN WELCH HAVE A BUSINESS RELATIONSHIP. |
| FORM 990, PART VI, LINES 7A & B | LINE 7A - NRDC'S MEMBERS ARE ENTITLED, AS PART OF THEIR MEMBERSHIP, TO ELECT INDIVIDUALS TO THE NRDC BOARD OF TRUSTEES. LINE 7B - THE NRDC BOARD OF TRUSTEES ACTS AUTONOMOUSLY. NEVERTHELESS, NRDC'S MEMBERS HAVE CERTAIN APPROVAL RIGHTS PURSUANT TO THE NEW YORK NOT-FOR-PROFIT CORPORATION LAW, INCLUDING, APPROVAL OVER ANY AMENDMENTS TO NRDC'S CERTIFICATE OF INCORPORATION. |
| 990 REVIEW PROCESS | FORM 990, PART VI, SECTION B, LINE 11 THE FORM 990 WAS PREPARED BY A NATIONALLY RECOGNIZED ACCOUNTING FIRM IN CONJUNCTION WITH THE ORGANIZATION'S SENIOR MANAGEMENT. A COPY OF THE DRAFT FORM 990 WAS PRESENTED TO THE AUDIT COMMITTEE OF THE BOARD OF TRUSTEES FOR DISCUSSION AND COMMENT. ONCE THE AUDIT COMMITTEE APPROVED THE FORM 990 FOR FILING, A COPY WAS CIRCULATED TO THE FULL BOARD OF TRUSTEES. EACH BOARD MEMBER WAS PROVIDED OPPORTUNITY TO COMMENT ON THE INFORMATION CONTAINED IN THE FORM 990 PRIOR TO ITS FILING WITH THE INTERNAL REVENUE SERVICE. |
| CONFLICT OF INTEREST POLICY ENFORCEMENT AND MONITORING | FORM 990, PART VI, SECTION B, LINE 12 EACH OFFICER, TRUSTEE, AND KEY EMPLOYEE OF THE ORGANIZATION IS REQUIRED TO ANNUALLY DISCLOSE ANY CONFLICTS OF INTEREST THAT ARISE BY VIRTUE OF EMPLOYMENT, BOARD SERVICE, OR POSITION WITH THE ORGANIZATION. THE ORGANIZATION MONITORS COMPLIANCE WITH ITS CONFLICT OF INTEREST POLICY THROUGH AN ANNUAL QUESTIONNAIRE/DISCLOSURE STATEMENT THAT IS DISTRIBUTED TO THESE INDIVIDUALS. POTENTIAL CONFLICTS ARE INVESTIGATED IMMEDIATELY. |
| PROCESS FOR DETERMINING COMPENSATION | FORM 990, PART VI, SECTION B, LINE 15A & 15B THE ORGANIZATION UNDERTAKES A THOROUGH PROCESS TO ENSURE THAT THE EXECUTIVE COMPENSATION IT PAYS TO ITS TOP MANAGEMENT OFFICIAL AND ALL OF ITS OFFICERS AND KEY EMPLOYEES IS REASONABLE, GIVEN THE MARKET IN WHICH THE ORGANIZATION OPERATES. IN RELEVANT PART, THE BOARD OF TRUSTEES HAS ESTABLISHED A COMPENSATION COMMITTEE OF INDEPENDENT TRUSTEES THAT HAVE NO PERSONAL INTEREST IN THE PROPOSED COMPENSATION. THE COMPENSATION COMMITTEE CONTRACTS WITH A COMPENSATION CONSULTANT TO COMPLETE A MARKET ASSESSMENT AND COMPETITIVE POSITION ANALYSIS FOR THE ORGANIZATION'S TOP EXECUTIVES. THE COMPENSATION CONSULTANT UTILIZES COMPARABILITY AND BENCHMARKING SURVEYS TO ENSURE THAT THE ORGANIZATION COMPENSATES ITS EXECUTIVES COMMENSURATE WITH THE MARKET. BASED ON ITS REVIEW OF THE ANALYSES PROVIDED BY THE COMPENSATION CONSULTANT AND OTHER RELEVANT INFORMATION, THE COMPENSATION COMMITTEE MAKES RECOMMENDATIONS TO THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES. COMPENSATION DECISIONS AND REPORTS ARE CONTEMPORANEOUSLY DOCUMENTED IN THE MINUTES OF THE MEETING OF THE EXECUTIVE COMMITTEE AT WHICH SUCH DECISIONS ARE MADE. |
| DISCLOSURE | FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS FORM 990 AVAILABLE TO THE PUBLIC BY RETAINING A COPY AT ITS PLACE OF BUSINESS. THE FORM 990 AND AUDITED FINANCIAL STATEMENTS ARE LIKEWISE PUBLISHED ON NRDC'S WEBSITE AT WWW.NRDC.ORG. THE ORGANIZATION'S GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY MAY BE PROVIDED AT MANAGEMENT'S DISCRETION, IF REQUESTED. |
| form 990, part xi reconciliation of net assets | OTHER CHANGES IN NET ASSETS OR FUND BALANCES PENSION RELATED ACTIVITY OTHER THAN NET PERIODIC EXPENSE ($2,273,924) CHANGE IN VALUE OF INTEREST RATE SWAP AGREEMENTS ($848,634) CHANGE IN VALUE OF SPLIT-INTEREST AGREEMENTS ($115,458) TOTAL OTHER CHANGES IN NET ASSETS ($3,238,016) |
| FORM 990 PART IX LINE 11G | DESCRIPTION:CREATIVE DESIGN/ART/FILM TOTAL FEES:834513 |
| FORM 990 PART IX LINE 11G | DESCRIPTION:ADMINISTRATIVE CONSULTING TOTAL FEES:238583 |
| FORM 990 PART IX LINE 11G | DESCRIPTION:COMMUNICATIONS CONSULTING TOTAL FEES:17266 |
| FORM 990 PART IX LINE 11G | DESCRIPTION:MEMBERSHIP CONSULTING TOTAL FEES:111194 |
| FORM 990 PART IX LINE 11G | DESCRIPTION:CLEAN ENERGY TOTAL FEES:5804209 |
| FORM 990 PART IX LINE 11G | DESCRIPTION:INTERNATIONAL TOTAL FEES:2812112 |
| FORM 990 PART IX LINE 11G | DESCRIPTION:WILDLIFE & WETLANDS TOTAL FEES:2249012 |
| FORM 990 PART IX LINE 11G | DESCRIPTION:SUSTAINABLE COMMUNITIES TOTAL FEES:5786104 |
| FORM 990 PART IX LINE 11G | DESCRIPTION:CONSULTING REIMBURSEMENT TOTAL FEES:409438 |
| FORM 990 PART IX LINE 11G | DESCRIPTION:INSTITUTIONAL CONSULTING TOTAL FEES:915271 |
| FORM 990 PART IX LINE 11G | DESCRIPTION:EDITORIAL TOTAL FEES:68193 |
| FORM 990 PART IX LINE 11G | DESCRIPTION:MISCELLANEOUS PROFESSIONAL FEE TOTAL FEES:84570 |
| Software ID: | |
| Software Version: |