Overview

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Est.

2013

Fiscal Year Start

Jan 1

Organization Type

Grantseeker

AI Summary

CLOSED LOOP FOUNDATION INC is a nonprofit organization dedicated to supporting research and development of technologies and business models that promote the circular economy, focusing on environmental sustainability. With an operating budget of $108.4K and total revenue of $103.1K for the 2024 filing year, the organization relies on a significant funder, which contributes $3B, indicating a potential dependency on this source for its financial support. Currently, the foundation does not have a publicly available website.

Mission Statement

CLOSED LOOP FOUNDATION SUPPORTS RESEARCH AND DEVELOPMENT OF TECHNOLOGIES AND BUSINESS MODELS FOCUSED ON BUILDING THE CIRCULAR ECONOMY.
Revenues
$103.1K
Expenses
$108.4K
Net Income:
-$5.4K
Assets
$301K
Liabilities
N/A
Net Assets:
N/A
Operating Budget
$108.4K
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
1
Median grant size
$100K
Largest grant received
$100K
E
Erik Avni
Board Member
P
Paul Macht
Board Member
R
Ron Gonen
Board Member

Frequently Asked Questions

What is CLOSED LOOP FOUNDATION INC’s budget?
In 2024, CLOSED LOOP FOUNDATION INC reported an annual operating budget of around $108 thousand. More detailed financial information is available to registered users.
What causes does CLOSED LOOP FOUNDATION INC support?
CLOSED LOOP FOUNDATION INC supports work in Environment.
Where does CLOSED LOOP FOUNDATION INC operate?
CLOSED LOOP FOUNDATION INC is headquartered in New York, NY.
Who funded CLOSED LOOP FOUNDATION INC recently?
In 2024, CLOSED LOOP FOUNDATION INC received grants from VANGUARD CHARITABLE ENDOWMENT PROGRAM. More information on this organization’s funders is available to registered users.
What is the largest grant CLOSED LOOP FOUNDATION INC received in 2024?
The largest grant to CLOSED LOOP FOUNDATION INC in 2024 exceeds $100 thousand.