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 | |||||
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Total |
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Calendar year
(or fiscal year beginning in)
![]() |
(a) 2020 | (b) 2021 | (c) 2022 | (d) 2023 | (e) 2024 | (f) Total | |
|---|---|---|---|---|---|---|---|
| 1 | Gifts, grants, contributions, and membership fees received. (Do not include any "unusual grant.") .. | 76,174,070 | 74,670,489 | 74,986,190 | 73,702,341 | 60,695,348 | 360,228,438 |
| 2 | Tax revenues levied for the organization's benefit and either paid to or expended on its behalf .... | ||||||
| 3 | The value of services or facilities furnished by a governmental unit to the organization without charge.. | ||||||
| 4 | Total. Add lines 1 through 3 | 76,174,070 | 74,670,489 | 74,986,190 | 73,702,341 | 60,695,348 | 360,228,438 |
| 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) .. | 164,399,571 | |||||
| 6 | Public support. Subtract line 5 from line 4. | 195,828,867 | |||||
Calendar year
(or fiscal year beginning in)
![]() |
(a) 2020 | (b) 2021 | (c) 2022 | (d) 2023 | (e) 2024 | (f) Total | |
|---|---|---|---|---|---|---|---|
| 7 | Amounts from line 4.. | 76,174,070 | 74,670,489 | 74,986,190 | 73,702,341 | 60,695,348 | 360,228,438 |
| 8 | Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources... | 286,762 | 19,187 | 632,402 | 5,749,735 | 7,019,692 | 13,707,778 |
| 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.).. | 2,000,000 | 511,178 | 1,235,299 | 610,503 | 558,437 | 4,915,417 |
| 11 | Total support. Add lines 7 through 10 | 378,851,633 | |||||
Calendar year (or fiscal
year beginning in) ![]() |
(a) 2020 | (b) 2021 | (c) 2022 | (d) 2023 | (e) 2024 | (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) 2020 | (b) 2021 | (c) 2022 | (d) 2023 | (e) 2024 | (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 on 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) |
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| 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) |
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| 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): |
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| 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 0.015 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 0.035 | 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 | 1 | |
|
2
Amounts paid to perform activity that directly furthers exempt purposes of supported organizations, in excess of income from activity |
2 | |
| 3 Administrative expenses paid to accomplish exempt purposes of supported organizations | 3 | |
| 4 Amounts paid to acquire exempt-use assets | 4 | |
| 5 Qualified set-aside amounts (prior IRS approval required - provide details in Part VI) | 5 | |
| 6 Other distributions (describe in Part VI). See instructions | 6 | |
| 7Total annual distributions. Add lines 1 through 6. | 7 | |
|
8
Distributions to attentive supported organizations to which the organization is responsive (provide details in Part VI). See instructions |
8 | |
| 9 Distributable amount for 2024 from Section C, line 6 | 9 | |
| 10 Line 8 amount divided by Line 9 amount | 10 | |
| Section E - Distribution Allocations (see instructions) |
(i) Excess Distributions |
(ii) Underdistributions Pre-2024 |
(iii) Distributable Amount for 2024 |
|
|---|---|---|---|---|
| 1 Distributable amount for 2024 from Section C, line 6 | ||||
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2
Underdistributions, if any, for years prior to 2024 (reasonable cause required-- explain in Part VI).
See instructions. |
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| 3 Excess distributions carryover, if any, to 2024: | ||||
| a From 2019....... | ||||
| b From 2020....... | ||||
| c From 2021....... | ||||
| d From 2022....... | ||||
| e From 2023....... | ||||
| fTotal of lines 3a through e | ||||
| g Applied to underdistributions of prior years | ||||
| h Applied to 2024 distributable amount | ||||
|
i
Carryover from 2019 not applied (see instructions) |
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| j Remainder. Subtract lines 3g, 3h, and 3i from line 3f. | ||||
| 4Distributions for 2024 from Section D, line 7: | ||||
| $ | ||||
| a Applied to underdistributions of prior years | ||||
| b Applied to 2024 distributable amount | ||||
| c Remainder. Subtract lines 4a and 4b from line 4. | ||||
|
5
Remaining underdistributions for years prior to 2024, if any. Subtract lines 3g and 4a from line 2. If the amount is greater than zero, explain in Part VI. See instructions. |
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6
Remaining underdistributions for 2024. Subtract lines 3h and 4b from line 1. If the amount is greater than zero, explain in Part VI. See instructions. |
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7 Excess distributions carryover to 2025. Add lines 3j and 4c. |
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| 8 Breakdown of line 7: | ||||
| a Excess from 2020..... | ||||
| b Excess from 2021..... | ||||
| c Excess from 2022..... | ||||
| d Excess from 2023..... | ||||
| e Excess from 2024..... | ||||
| Facts And Circumstances Test |
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| Return Reference | Explanation |
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| SCHEDULE A, PART II, LINE 10, EXPLANATION FOR OTHER INCOME: | OTHER INCOME REFERS TO COST REFUND FROM CLOSED PROJECTS AND INTEREST INCOME PAID BY PROJECT FUNDING RECIPIENTS ON LOANS PROVIDED EARLIER. |
| Software ID: | |
| Software Version: |
| Return Reference | Explanation |
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| FORM 990, PART III, PROGRAM SERVICE ACCOMPLISHMENTS: | PROGRAM SERVICE ACCOMPLISHMENTS IN 2024, WE LAUNCHED THE ALLIANCE STRATEGY 2030 THAT SHIFTS OUR FOCUS FROM A WIDE ARRAY OF SMALLER PROJECTS TO LARGER SCALE INTEGRATED PROGRAMMES DESIGNED TO DRIVE SYSTEMIC CHANGE. THIS STRATEGY, ENDORSED BY OUR MEMBERS, IS BACKED BY A CLEAR IMPLEMENTATION PLAN AND A COMMITMENT TO LONG-TERM IMPACT. WE HAD OVER 80 INNOVATIVE PROJECTS THAT TEST, REFINE AND SCALE SOLUTIONS TO IMPROVE PLASTIC MANAGEMENT AND RECYCLING. THESE INITIATIVES OFTEN OPERATE IN FRONTIER OF WHAT IS POSSIBLE WHETHER IN REGIONS WITH HIGH WASTE LEAKAGE, EMERGING ECONOMIES WITH LIMITED INFRASTRUCTURE, OR WITH CUTTING-EDGE TECHNOLOGIES, NOVEL BUSINESS MODELS, AND CREATIVE FINANCING MECHANISMS. |
| FORM 990, PART III, LINE 4A, PROGRAM SERVICE ACCOMPLISHMENTS: | INFRASTRUCTURE: ALTHOUGH FLEXIBLE PACKAGING WHICH IS MADE OF LOW-DENSITY POLYETHYLENE (LDPE) MAKES UP CLOSE TO HALF OF ALL PLASTICS PRODUCED AND USED IN KENYA, ONLY ONE PERCENT IS RECYCLED. MOST RECYLCERS SHUN FLEXIBLES AS THEY ARE USUALLY OF LOWER QUALITY THAN RIGID PLASTICS. MANY FLEXIBLES ARE PRINTED ON, WHICH IS CONSIDERED CONTAMINATION, MAKING THEM DIFFICULT TO RECYCLE. TAKA TAKA SOLUTIONS LIMITED PILOTED A FACILITY TO RECYCLE LOWER-VALUE MATERIALS LIKE FLEXIBLE AND CONTAMINATED HARD PLASTICS. THEY ARE WASHED, PROCESSED INTO PELLETS, AND REINTRODUCED INTO THE LOCAL PLASTIC PRODUCTION SYSTEM AS AN ALTERNATIVE TO VIRGIN PLASTIC FEEDSTOCK. THE BIGGEST CHALLENGE FOR INITIATIVES SUCH AS THIS IS ECONOMIC VIABILITY. THERE ARE NO GOVERNMENT SUBSIDIES AND REGULATIONS TO INCENTIVIZE RECYCLING OR ENCOURAGE MANUFACTURERS TO USE RECYCLED MATERIAL. THE ALLIANCE FUNDED ALMOST HALF OF THE CONSTRUCTION OF A NEW FLEXIBLE PLASTIC PROCESSING PLANT THROUGH A CONCESSIONARY LOAN. TAKA TAKA WAS ABLE TO PURCHASE STATE OF THE ART EQUIPMENT INCLUDING AN EXTRUDER, PELLETIZER, WASHING LINE AND WASTEWATER TREATMENT SYSTEM. AS A RESULT, IT CAN NOW IMPROVE THE QUALITY CONTROL IN ITS RECYCLING PROCESS AND INCREASE PELLET PRODUCTION. FROM IMPROVING A FLAWED WASTE MANAGEMENT SYSTEM TO CREATING FRESH DEMAND FOR PLASTIC RECYCLABLES, TAKA TAKA HAS SHOWN THAT WHILE THE PLASTIC WASTE CRISIS CAN BE CHALLENGING, CIRCULAR WASTE MANAGEMENT IS POSSIBLE EVEN IN DIFFICULT MARKETS. RECYCLING IN BRAZIL IS OFTEN SEEN AS AN ECONOMICALLY UNVIABLE ACTIVITY. PRICES FOR POST-CONSUMER RECYCLABLE (PCR) MATERIALS ARE TOO LOW TO COVER COLLECTION AND PROCESING COSTS. RECICLEIROS, AN ALLIANCE FUNDED NGO, IS WORKING TO SHIFT THIS PERCEPTION. FOR NEARLY TWO DECADES, IT HAS BEEN AT THE FOREFRONT OF DEVELOPING SYSTEMIC SOLUTIONS FOR RECYCLING IN BRAZIL EXPLORING NEW BUSINESS MODELS THAT MAKE WASTE MANAGEMENT MORE INCLUSIVE AND SUSTAINABLE. IN 2024, RECICLEIROS FOCUSED ON BUILDING ECONOMICALLY SUSTAINABLE SORTING CENTRES. THESE CENTRES RECOVER RECYCLABLE MATERIALS FROM HOUSEHOLD AND MUNICIPAL WASTE STREAMS, BRINGING THEM TO THE MARKET FOR RECYCLING. WHILE THE PROJECT MADE PROGRESS, IT ALSO FACED SIGNIFICANT CHALLENGES. THE COST OF MAINTAINING THESE CENTRES, INCLUDING PAYING MINIMUM WAGES AND PROVIDING PERSONAL PROTECTIVE EQUIPMENT, IS HIGH, WHILE PRICES FOR RECYCLABLE MATERIALS HAVE REMAINED STAGNANT. TO ADDRESS THESE CHALLENGES, RECICLEIROS HAS BEEN WORKING ON ESTABLISHING CONTRACTS WITH MUNICIPALITIES TO FUND RECYCLING SERVICES. RECICLEIROS COMBINES WASTE COLLECTION SERVICE FEES WITH REVENUE FROM THE SALE OF RECYCLATES TO CREATE AN ECONOMICALLY-VIABLE BUSINESS MODEL. BY CONVENING THE ACTORS IN THE PLASTICS VALUE CHAIN, THE PROJECT HELPS LOCAL AUTHORITIES CREATE INCLUSIVE, HIGH-IMPACT, AND ECONOMICALLY VIABLE RECYCLING SYSTEMS AT SPEED AND SCALE. CITIES MUST APPLY TO BE INVOLVED, PASSING A RIGOROUS QUALIFICATION PROCESS THAT TAKES INTO ACCOUNT THEIR INFRASTRUCTURE, RESOURCES, CAPABILITY, AS WELL AS THEIR LONG-TERM COMMITMENT. DESPITE FUNDING CHALLENGES, THE PROJECT HAS MADE SOME PROGRESS. ITS FUTURE SUCCESS RELIES ON CONTINUED COOPERATION BETWEEN MUNICIPALITIES AND THE PRIVATE SECTOR TO ENSURE FAIR PRICING AND ADEQUATE FUNDING FOR RECYCLING. WITH SUPPORT FROM THE ALLIANCE, QUEZON CITY-BASED GREENCYCLE INNOVATIVE SOLUTIONS (GIS) CONTINUED ITS EFFORTS IN 2024 TO TACKLE THE PLASTIC WASTE ISSUE BY BOLSTERING WASTE MANAGEMENT INFRASTRUCTURE AND PRACTICES. THE PROJECT OPERATES PREDOMINANTLY IN METRO MANILA TO COLLECT AND RECOVER LOW-VALUE FLEXIBLE PLASTIC WASTE. TO PROCESS THE COLLECTED WASTE, GIS WORKS WITH JUNK SHOPS AND CEMENT PLANTS IN THE GREATER MANILA AREA. LAST YEAR, GIS SUCCESSFULLY ESTABLISHED AND DEVELOPED AN ADDITIONAL FACILITY IN IMUS, IN THE CAVITE PROVINCE SOUTH OF METRO MANILA. THE QUEZON CITY FACILITY, WHICH BEGAN OPERATIONS IN MAY 2023, HAS ALREADY ACCOMPLISHED ITS TARGET OF COLLECTING 6,000 TONNES OF LOW-VALUE PLASTIC WASTE AND CONVERTING IT INTO REFUSE-DERIVED FUEL (RDF). THAT WAS COMPLETED IN 2023, SIX MONTHS AHEAD OF SCHEDULE. OPERATIONS AT THE IMUS FACILITY COMMENCED IN MAY 2024, COLLECTING AND RECYCLING MORE THAN 2,500 TONNES BY DECEMBER 2024. THESE FACILITIES REPRESENT A STRATEGIC SHIFT IN GIS' APPROACH, EXPANDING BEYOND METRO MANILA, HOME TO AROUND 13.5 MILLION PEOPLE, TO ADDRESS PLASTIC WASTE CHALLENGES IN PROVINCIAL AREAS WHERE SUPPORT IS URGENTLY NEEDED. IN 2024, GIS ALSO INTENSIFIED ITS WORK WITH THE INFORMAL SECTOR, INCLUDING LOCAL JUNK SHOPS, ALONGSIDE PARTNERSHIPS WITH LOCAL GOVERNMENTAL UNITS (LGUS) AND SMALL ADMINISTRATIVE DIVISIONS CALLED BARANGAYS. THIS WORK TO BOLSTER THE INFORMAL SECTOR INCLUDES PROVIDING EQUIPMENT AND WORKING CAPITAL FOR WASTE PICKERS. THE PROJECT ALSO LOOKS INTO PROVIDING SAFER WORKING CONDITIONS FOR WOMEN WORKERS, INCLUDING PROVIDING SEPARATE WASHING AREAS AND BATHROOMS. THIS GRASSROOTS ENGAGEMENT IS PART OF AN EFFORT TO ADDRESS SOCIAL WELFARE ISSUES AS WELL AS ENVIRONMENTAL CONCERNS. THE ALLIANCE HAS PARTNERED WITH CREASIONA LEADER IN PLASTIC WASTE RECYCLING IN NEPAL SINCE 2005 TO STRENGTHEN THE COUNTRY'S WASTE MANAGEMENT ECOSYSTEM THROUGH PRAYAASH, A PROJECT FOCUSED ON EXPANDING THE INFORMAL COLLECTION NETWORK AND ESTABLISHING MORE FORMALISED SYSTEMS. THE PROJECT HAS ALREADY REACHED IMPORTANT MILESTONES. IN JULY 2024, PHASE II WAS SUCCESSFULLY COMPLETED, WITH 2,081 TONNES OF PLASTIC WASTE COLLECTED AND RECYCLED, SURPASSING THE INITIAL COMMITMENT OF 1,700 TONNES. PHASE III BEGAN IN OCTOBER 2024, AND SO FAR OVER 1,000 TONNES OF PLASTIC WASTE HAVE BEEN COLLECTED AND RECYCLED. THIS PHASE AIMS TO COLLECT AND RECYCLE A TOTAL OF 2,300 TONNES. IN ADDITION, THE ALLIANCE ALSO CO-FUNDED EQUIPMENT AND A COLLECTION VEHICLE AT A MATERIAL RECOVERY FACILITY (MRF) CONSTRUCTED AND OPERATED BY CREASION. ANOTHER IMPORTANT ASPECT OF THE PRAYAASH PROJECT IS TO BOOST THE SOCIAL STATUS AND IMPROVE THE LIVES OF INFORMAL WASTE WORKERS. THEIR LABOUR IS CRITICAL TO DIVERTING RECYCLABLE PLASTIC WASTE FROM THE ENVIRONMENT AND LANDFILLS IN THE DIFFICULT NEPALESE TERRAIN. MEASURES TO SUPPORT WORKERS HAVE INCLUDED IMPROVING WORKING CONDITIONS AT WASTE FACILITIES WITH SEGREGATED CHANGING ROOMS AND LACTATION ROOMS FOR FEMALE EMPLOYEES. BROADER SOCIAL INCLUSION INITIATIVES BENEFITING OVER 300 INFORMAL WORKERS HAVE RESULTED IN FAIRER WAGES AND, IN SOME CASES, INSURANCE COVERAGE. THE PROJECT HAS ALSO PROVIDED TRAINING ON SAFETY AND OCCUPATIONAL HEALTH. IN 2024, THE ALLIANCE BECAME THE FIRST PRIVATE PARTNER TO CONTRIBUTE CONCESSIONAL RESOURCES INTO THE SOLID WASTE MANAGEMENT FOR SUSTAINABLE URBAN DEVELOPMENT (SWM-SUD) PROJECT IN INDONESIA, VIA THE ASIAN INFRASTRUCTURE INVESTMENT BANK'S (AIIB) PROJECT-SPECIFIC WINDOW. THE SWM-SUD AIMS TO PROVIDE SOLID WASTE MANAGEMENT SERVICES TO SELECT CITIES AND DISTRICTS IN INDONESIA. THIS INCLUDES FOCUSING ON WASTE MANAGEMENT INFRASTRUCTURE, BUILDING THE CAPACITY OF SUB-SOVEREIGN ENTITIES, AND DRIVING BEHAVIOURAL CHANGE WITHIN THE COMMUNITY, WHILE ADDRESSING LIVELIHOOD CONCERNS FACED BY THE INFORMAL SECTOR. OVER NINE MILLION PEOPLE ACROSS MAJOR CITIES AND PROVINCES ARE EXPECTED TO BENEFIT FROM THE PROJECT. |
| FORM 990, PART III, LINE 4B | INNOVATION: LOVERE'S DISTINCTIVE LIME-GREEN SMART BINS ARE NOW A FAMILIAR SIGHT TO RESIDENTS LIVING IN PARTS OF CHENGDU AND XI'AN IN CHINA, AND THEIR INNOVATIVE TECHNOLOGY IS HELPING USERS SEPARATE THEIR TRASH MORE EFFECTIVELY. THE NUMBER OF BINS INSTALLED IN THE TWO CITIES ROSE TO 3,007 IN 2024, REPRESENTING A MAJOR STEP FORWARD IN THE COMPANY'S GOAL TO INCREASE RECYCLING RATES FROM 15 TO 35 PER CENT BY 2030 IN THESE CITIES. THE BINS DO MORE THAN JUST OFFER A RECEPTACLE FOR RECYCLABLES. SHANGHAI-BASED LOVERE HAS PIONEERED AN INNOVATIVE PLASTICS RECYCLING SYSTEM THAT INCENTIVIZES RESIDENTS BY PROVIDING MICROPAYMENTS DIRECTLY INTO THEIR WECHAT ACCOUNT FOR THEIR RECYCLING EFFORTSTHE POPULAR CHINESE SOCIAL MEDIA AND PAYMENTS APPIN REWARD FOR THEIR RECYCLING EFFORTS. STARTED IN 2019, THE LOVERE PROJECT IS PART OF CHINA'S INTERNET PLUS RECYCLING STRATEGY, WHICH LEVERAGES DIGITAL TECHNOLOGY TO DEVELOP NEW COLLECTION MODELS FOR RECYCLABLESINTEGRATING RECOVERY, COLLECTION, SORTING, AND DISTRIBUTION. AT THE CORE OF THE SYSTEM ARE AI-POWERED SMART CAMERAS THAT CLASSIFY EACH DEPOSITED ITEM BASED ON ITS WEIGHT AND SHAPE TO DETERMINE ITS RECYCLABILITY. IF A RESIDENT MAKES AN INCORRECT DEPOSIT, LOVERE CAN EVEN FOLLOW UP VIA THEIR WECHAT ACCOUNT TO EXPLAIN WHICH ITEMS THE SYSTEM CAN ACCEPT. THIS DIRECT FEEDBACK LOOP HAS PROVEN EFFECTIVE, WITH APPROXIMATELY 90 PER CENT OF MATERIALS COLLECTED BEING PROPERLY RECYCLED. THIS TECHNOLOGY-DRIVEN APPROACH TO RECYCLING EDUCATION AND PROMOTION IS YIELDING STRONG RESULTS FOR LOVERE, WHICH PROCESSES OVER 679,000 TONNES OF HOUSEHOLD RECYCLABLES EACH YEAR IN CHINA. WHILE THE ALLIANCE-FUNDED PROJECT FOCUSED ON CHENGDU AND XI'AN, LOVERE'S INNOVATIVE BUSINESS MODEL HAS ALREADY SCALED NATIONWIDENOW OPERATING IN APPROXIMATELY 38 CITIES WITH A NETWORK OF AROUND 31,000 INTELLIGENT RECYCLING MACHINES IN MAINLAND CHINA. THE PLASTIC CIRCULARITY FUND IS A PIONEERING INITIATIVE AIMED AT ADDRESSING THE GROWING GLOBAL CHALLENGE OF PLASTIC POLLUTION. MANAGED BY LOMBARD ODIER INVESTMENT MANAGERS (LOIM), IT FOCUSES ON PROMOTING THE TRANSITION TO A CIRCULAR ECONOMY BY INVESTING IN BUSINESSES THAT OFFER SCALABLE AND ECONOMICALLY VIABLE SOLUTIONS, ENABLING THE REDUCTION OF VIRGIN PLASTIC PRODUCTION AND THE CREATION OF CLOSED-LOOP SYSTEMS. IN 2024, THE FUND INVESTED IN GERMAN PRECISION HEATING SOLUTIONS COMPANY WATTTRON IN A 10 MILLION SERIES B FUNDING ROUND LED BY LOIM. THE COMPANY HAS DEVELOPED ADVANCED HEATING SYSTEMS THAT USE PIXEL-LEVEL CONTROL TO DELIVER HEAT WITH PINPOINT ACCURACY, REDUCING ENERGY CONSUMPTION AND IMPROVING PROCESS EFFICIENCY. WATTTRON'S TECHNOLOGY IS PARTICULARLY TRANSFORMATIVE IN SECTORS SUCH AS PACKAGING, AUTOMOTIVE, AND MEDICAL, WHERE PRECISE THERMAL MANAGEMENT CAN LEAD TO SIGNIFICANT MATERIAL SAVINGS AND LOWER CARBON FOOTPRINTS. ITS PATENTED DIGITAL HEATING TECHNOLOGY ENABLES PRECISE TEMPERATURE CONTROL, WHICH CAN LEAD TO ENERGY SAVINGS OF UP TO 30 PER CENT COMPARED TO TRADITIONAL HEATING METHODS. IN INDUSTRIES SUCH AS PACKAGING, WHERE UNIFORM AND CONTROLLED HEATING IS CRITICAL, WATTTRON'S SYSTEMS NOT ONLY CUT ENERGY USAGE BUT ALSO SAVE UP TO 50 PER CENT OF PLASTIC MATERIAL, WHILE MINIMISING OVERHEATING AND IMPROVING PRODUCT QUALITY. ADDITIONALLY, THE COMPANY'S TECHNOLOGY SHORTENS PRODUCTION TIMES BY IMPROVING THERMAL EFFICIENCY, FURTHER LOWERING ENERGY REQUIREMENTS AND OPERATIONAL COSTS. IN 2024, CALYXIA SECURED US$35 MILLION IN FUNDING, CO-LED BY LOIM, TO SCALE ITS INNOVATIVE MICROENCAPSULATION TECHNOLOGY. FOUNDED BY SCIENTISTS, THE COMPANY DEVELOPS AND MANUFACTURES SUSTAINABLE, HIGH-PERFORMANCE SOLUTIONS FOR INDUSTRIES SUCH AS AGRICULTURE, COSMETICS, HOMECARE, AND ADVANCED MATERIALS FOR ENERGY AND AUTOMATIVE APPLICATIONS. CALYXIA'S MICROCAPSULES ARE DESIGNED TO FULLY PROTECT AND PRECISELY DELIVER ACTIVE INGREDIENTS, REDUCING WASTE AND ENVIRONMENTAL IMPACT WHILE MAXIMISING EFFICIENCY. BY ENABLING TARGETED RELEASE, THEY CAN CUT ACTIVE INGREDIENT USE IN INDUSTRIAL APPLICATIONS BY UP TO 90 PER CENT, ENSURING ONLY THE NECESSARY AMOUNT IS DEPLOYED AT THE RIGHT TIME AND PLACE. THIS APPROACH HELPS MITIGATE GLOBAL CHALLENGES LIKE EXCESSIVE PESTICIDE RUN-OFF AND INEFFICIENT CHEMICAL USE IN MANUFACTURING. ADDITIONALLY, CALYXIA IS ABLE TO PRODUCE BIODEGRADABLE MICROCAPSULES COMPLIANT WITH TIGHTENING REGULATION AGAINST MICROPLASTIC LEAKAGE. |
| FORM 990, PART III, LINE 4C | EDUCATION & ENGAGEMENT: DURING INC-4 IN OTTAWA, WE HELD THE CIRCULARITY IN ACTION: SOLUTIONS FOR CHANGE SHOWCASE THAT FEATURED MORE THAN 40 EXISTING AND INNOVATIVE SOLUTIONS BEING IMPLEMENTED AROUND THE WORLD TO REDUCE PLASTIC WASTE LEAKAGE AND IMPROVE CIRCULARITY. THE ENTREPRENEURS, FUNDING RECIPIENTS, NGOS, AND BUSINESSES DRIVING THESE SOLUTIONS WERE PRESENT TO SHARE THEIR WORK WITH INC ATTENDEES. SOME 600 VISITORS VISITED THE SHOWCASE. OWING TO THE POSITIVE RESPONSE, A DIGITAL TWIN OF THE SHOWCASE WAS LAUNCHED DURING INC-5.1 AT BUSAN. THE CONTINUATION OF OUR EFFORTS TO BUILD AND FACILITATE THE INTER-INDUSTRY COLLABORATION NECESSARY FOR SYSTEMS CHANGE RESULTED IN A SOLUTIONS FOR CHANGE SUMMIT HELD IN NEW YORK ON 6 DECEMBER 2024. MORE THAN 120 GLOBAL DECISION-MAKERS CAME TOGETHER TO EXPLORE INNOVATIVE IDEASFROM NATURE-BASED SOLUTIONS TO CLIMATE MITIGATION TECHNOLOGIESAND EXAMINE HOW THESE APPROACHES COULD HELP ADDRESS THE PLASTIC WASTE CHALLENGE. THE AIM WAS TO BRING BUSINESS LEADERS TOGETHER TO SHAPE AN ACTION AGENDA FOR ADVANCING CORPORATE SUSTAINABILITY THE ALLIANCE PROVIDES TECHNICAL INPUT BASED ON REAL-WORLD EXPERIENCE TO GOVERNMENTS THAT MAY BE SEEKING SUPPORT IN DEVELOPING NATIONAL ACTION PLANS TO ADDRESS PLASTIC WASTE IN THEIR RESPECTIVE COUNTRIES. AT INC-5.1 IN BUSAN, THE ALLIANCE SIGNED A MEMORANDUM OF UNDERSTANDING (MOU) WITH SOUTH AFRICA'S DEPARTMENT OF FORESTRY, FISHERIES AND THE ENVIRONMENT (DFFE) TO EXPLORE SOLUTIONS TO TACKLE PLASTIC POLLUTION, INCLUDING INITIATIVES INVOLVING THE INFORMAL WASTE SECTOR. TAKATAKA SOLUTIONS IN NAIROBI, KENYA, WORKS WITH INFORMAL WASTE WORKERS. WITH THE ALLIANCE'S SUPPORT, TAKATAKA HAS BEEN PROVIDING REGULAR HEALTH CHECKUPS AND EVEN ESTABLISHING TWO KINDERGARTENS NEAR THE DUMPSITES FOR CHILDREN TO GO TO SCHOOL. IN ADDITION, TAKATAKA SUBSIDISES THE KINDERGARTEN FEES AND PROVIDES STATIONERY. PRAYAASH, ANOTHER ALLIANCE-SUPPORTED PROJECT IN TWO PROVINCES OF NEPAL, IS IMPROVING THE LIVES OF INFORMAL WASTE WORKERS BY DELIVERING VITAL TRAINING IN SAFETY AND OCCUPATIONAL HEALTH, AS WELL AS UPGRADING WASTE FACILITIES WITH SEGREGATED CHANGING ROOMS AND LACTATION SPACES. ALONGSIDE SOCIAL EQUITY, THE ALLIANCE IS FOCUSED ON ADVANCING GENDER EQUITY. IN 2022, WE FORMED A STRATEGIC PARTNERSHIP WITH WECONNECT INTERNATIONAL, A LEADING GLOBAL NETWORK THAT CONNECTS WOMEN-OWNED BUSINESSES WITH REPUTABLE BUYERS WORLDWIDE. TOGETHER, WE ARE IDENTIFYING AND REGISTERING WOMEN-OWNED WASTE MANAGEMENT BUSINESSES, PROVIDING TECHNICAL AND FINANCIAL SUPPORT, AS WELL AS RESEARCHING EFFECTIVE INTERVENTIONS TO EMPOWER WOMEN ENTREPRENEURS IN WASTE MANAGEMENT. WE HAVE ALSO SUPPORTED THE ASASE FOUNDATION IN GHANA, A SOCIAL ENTERPRISE THAT IS BUILDING CLEANER COMMUNITIES AND ECONOMIC OPPORTUNITIES. ASASE HAS ESTABLISHED THREE CASH IT! RECYCLING PLANTS. THESE ARE COMMUNITY-BASED SOCIAL ENTERPRISES THAT ACTIVELY RECRUIT INFORMAL WORKERS, ESPECIALLY WOMEN. CASH IT!'S EMPLOYEES RECEIVE UNIFORMS, SOCIAL SECURITY CONTRIBUTIONS, STEADY SALARIES, AND OTHER BENEFITS LIKE MATERNITY LEAVE, GIVING THEM LEGITIMACY IN THE PUBLIC EYE. SOCIAL AND GENDER EQUITY CONTINUE TO REMAIN HIGH ON OUR AGENDA BEYOND 2025. OUR EXISTING PROJECTS HAVE TAUGHT US MUCH ABOUT HOW TO MAKE CHANGE HAPPEN AND WE WILL CONTINUE TO BUILD ON OUR EXPERIENCE TO CREATE SOCIAL BENEFIT AT A GREATER SCALE. ULTIMATELY, THERE IS NO COMPLETE SOLUTION TO THE PLASTIC WASTE CHALLENGE WITHOUT A JUST TRANSITION FOR INFORMAL WORKERS AND GENDER EQUITY. THE ALLIANCE DEVELOPED AN INTEGRATED WASTE MANAGEMENT PROJECT IN THE MALANG REGENCY IN EAST JAVA AND IS CURRENTLY RUNNING A PILOT. THE PROJECT COVERS HOUSEHOLD COLLECTION, SAFE DISPOSAL, AND RECYCLING. THE ALLIANCE PROVIDES TECHNICAL SUPPORT TO THE PROJECT AND FUNDING FOR INFRASTRUCTURE DEVELOPMENT AND EQUIPMENT, SUCH AS WASTE COLLECTION VEHICLES, WHILE THE REGENCY GOVERNMENT WILL PROVIDE THE LAND FOR CONSTRUCTION, THE WORKFORCE FOR THE INTEGRATED SYSTEM TO RUN, AND WILL COVER THE OPERATING COSTS OF THE SYSTEM. TYPICALLY, PLASTIC ACCOUNTS FOR 15 TO 20 PER CENT OF MUNICIPAL SOLID WASTE, AND ONCE THIS HAS BEEN SORTED, THE RECYCLABLE PLASTIC ALONG WITH OTHER RECYCLABLE MATERIALS CAN THEN BE SOLD TO LOCAL RECYCLERS. THIS GENERATES REVENUE FOR THE WASTE MANAGEMENT SYSTEM. THE OTHER STREAM OF REVENUE COMES FROM HOUSEHOLD WASTE COLLECTION FEES. FOR DOMESTIC WASTE, ONE KEY ASPECT IS FOR HOUSEHOLDERS TO SEE BENEFIT IN PAYING THESE FEES RATHER THAN BURNING OR DUMPING THE WASTE IN THE ENVIRONMENT. IN COLLABORATION WITH THE REGENCY'S DEPARTMENT OF ENVIRONMENT, THE ALLIANCE HAS EMBARKED ON A BEHAVIOR CHANGE CAMPAIGN TO EDUCATE RESIDENTS ABOUT THESE BENEFITS, ENCOURAGING THEM TO SORT THE HOUSEHOLD WASTE INTO ORGANIC AND NONORGANIC FRACTIONS TO ENABLE MORE EFFICIENT DOWNSTREAM SORTING. THIS PAVES THE WAY FOR A BADAN LAYANAN UMUM DAERAH (BLUD), A PUBLIC UTILITY THAT WILL BE ABLE TO SELL THE DIFFERENT SORTED FRACTIONS OF WASTE COLLECTED FROM THE REGENCY'S HOUSEHOLDS. THE FUNDS FROM THE SALE OF THESE RECYCLABLES AND WASTE COLLECTION FEES CAN BE USED TO DRIVE LONGER TERM SUSTAINABILITY OF THE INTEGRATED WASTE MANAGEMENT SYSTEM. THE MALANG REGENCY PROJECT HOPES TO HIGHLIGHT HOW GOVERNMENT, PRIVATE SECTOR, AND COMMUNITIES CAN COLLABORATE TO EFFECT SYSTEMS-LEVEL CHANGE. IT OFFERS THE RESIDENTS OF MALANG A VIABLE ALTERNATIVE TO DUMPING AND BURNING THEIR WASTE, REDUCING POLLUTION. |
| FORM 990, PART VI, SECTION A, LINE 6 | THE ALLIANCE OFFERS MEMBERSHIPS OF VARIOUS CATEGORIES THAT TYPICALLY LAST FOR A TERM OF TWO OR FIVE YEARS, BILLABLE ANNUALLY. THE ALLIANCE RECOGNIZES MEMBERSHIP DUES RATABLY OVER THE MEMBERSHIP PERIOD. |
| FORM 990, PART VI, SECTION B, LINE 11B | THE FORM 990 IS REVIEWED BY THE CHIEF FINANCIAL OFFICER , GENERAL COUNSEL AND THE PRESIDENT & CEO THEN THE FORM 990 IS PROVIDED TO THE AUDIT AND RISK COMMITTEE FOR REVIEW AND APPROVAL BEFORE IT IS CIRCULATED TO THE GOVERNING COUNCIL DIRECTORS AND FILED. |
| FORM 990, PART VI, SECTION B, LINE 12C | THE DIRECTORS, OFFICER, EMPLOYEES & REPRESENTATIVES OF AEPW ARE SUBJECT TO AEPW'S CONFLICT OF INTEREST POLICY & PROCEDURES. EACH DIRECTOR IS PROVIDED WITH A COPY OF AEPW'S CONFLICT OF INTEREST POLICY & PROCEDURES AND SIGNS AN ANNUAL ACKNOWLEDGEMENT OF THE POLICY & PROCEDURES, WITH DISCLOSURE OF ANY CONFLICT OR POTENTIAL CONFLICTS OF INTEREST. A REMINDER OF AEPW'S CONFLICT OF INTEREST POLICY & PROCEDURE IS GIVEN AT EACH MEETING HOSTED BY THE ALLIANCE AT WHICH MEMBERS ARE PARTICIPATING, INCLUDING GOVERNING COUNCIL AND LEADERSHIP BOARD MEETINGS. THE POLICY PROVIDES THAT POTENTIAL CONFLICTS OF INTEREST MUST BE DISCLOSED TO AEPW'S GENERAL COUNSEL AT THE EARLIEST POSSIBLE JUNCTURE. DIRECTORS, OFFICERS, EMPLOYEES & REPRESENTATIVES WHO ARE SUBJECT TO A CONFLICT OF INTEREST MAY NOT PARTICIPATE IN CONSIDERATION OF PROPOSED TRANSACTIONS FOR WHICH THEY HAVE CONFLICT. |
| FORM 990, PART VI, SECTION B, LINE 15 | DECISIONS WITH REGARDS TO THE COMPENSATION OF THE PRESIDENT & CEO AND KEY EMPLOYEES ARE MADE BY THE COMPENSATION COMMITTEE AND THE REPRESENTATIVES OF THE GOVERNING COUNCIL OF THE ALLIANCE. THE COMPENSATION PACKAGE FOR THE PRESIDENT & CEO AND KEY EMPLOYEES ARE BASED ON GLOBAL MARKET STANDINGS. AEPW MEETS THE REBUTTABLE PRESUMPTION IN DETERMINING THEIR EXECUTIVE COMPENSATION. |
| FORM 990, PART VI, SECTION C, LINE 19 | GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. |
| FORM 990, PART VII, SECTION B, LINE 1, COLUMN B: | DESCRIPTIONS OF CONTRACTORS' SERVICES: - BAIN & COMPANY, INC: USD 1,237,000 STRATEGY REVIEW ADVISORY SERVICES ADDRESS: 1221 MCKINNEY STREET SUITE 3650 HOUSTON, TEXAS 77010 UNITED STATES - ALDENARDA NV: USD 1,231,859 EVENT MANAGEMENT SERVICES INCLUDING ORGANIZING AND HOSTING BOARD AND DELEGATE MEETINGS, FACILITATING AND MANAGING ROUND TABLE DISCUSSIONS, COORDINATING PARTICIPATION IN TRADE SHOWS AND ORGANIZING A SOLUTIONS FAIR ADDRESS: LENNIKSEBAAN 451, BRUSSELS 1070, BELGIUM - APCO WORLDWIDE LIMITED: USD 807,875 MULTI-MARKET ISSUES REPORTING, EDITORIAL SERVICES, MEDIA RELATIONS, SOCIAL MEDIA IMPLEMENTATION, EVENTS PLANNING, AND IMPLEMENTATION. ADDRESS: 40 STRAND, LONDON WC2N 5RW, UNITED KINGDOM - FOGES NV: USD 766,908 EVENT MANAGEMENT SERVICES INCLUDING PROJECT MANAGEMENT, PLANNING, ON SITE AND POST EVENT SUPPORT. ADDRESS: ROUTE DE LENNIK 451, BRUSSELS 1070, BELGIUM - CHANGE ET AL PTE LTD: USD 575,967 HR, TALENT, AND CHANGE MANAGEMENT ADVISORY SERVICES. ADDRESS: LEVEL 49, ONE RAFFLES QUAY, NORTH TOWER SINGAPORE 048583 |
| FORM 990, PART XI, LINE 9: | CHANGE IN VALUATION OF SUBSIDIARIES -489,901. |
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