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Chesapeake BAY Foundation INC

Public charityFed auditsIRS 990990-T FY2023
Environment · ANNAPOLIS, MD · EIN 52-6065757

About

Environmental Protection and Restoration (EPR), continued from page 2: To achieve its objectives, the department utilizes a team of lawyers, water quality and restoration scientists, outreach experts, citizen organizers, lobbyists, and policy specialists with expertise in fisheries, pollution reduction, land use, and agriculture. Their focus is local, state, and federal government policies; private sector practices; and citizen engagement. The Program develops and employs strategies and tactics designed to define the necessary governmental policies and programs, create the needed "political will" to ensure implementation of these policies and programs, and organizes CBF members to interact with decision-makers. When appropriate, the department uses the law as a tool to protect and preserve the Chesapeake Bay.

Donations are tax-deductible
Category
Environment
Employees
278
Volunteers
12,599

Financial Snapshot

FY ending 2023-06-30
Revenue
$32.2M
Expenses
$34.1M
Assets
$126.5M
Liabilities
$4.6M

Financial history

$37.5M$18.7M$0
1617181920212223
RevenueExpenses
Latest FY2023: $32.2M · Peak FY2022: $37.5M · Avg: $30.7M

501(h) election

This 501(c)(3) elected the 501(h) safe-harbor — lobbying expenditures are capped under a clear dollar formula instead of the "insubstantial part" standard.

Political & Grant Activity

Campaign Spending
Lobbying
$189K
Grants Given
$311K
CHESAPEAKE BAY FOUNDATION INC
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Address

6 Herndon AVE
Annapolis, MD, 21403-450

Governance

Voting board members33
Independent members32
Conflict-of-interest policyYes
Whistleblower policyYes
Doc-retention policyYes
Audit committeeYes
990 reviewed by boardYes

Compensation practices

Severance paymentsNo
Equity-based compNo
Supplemental retirement planNo
Compensation committeeYes
Used comp surveyYes
Board approved compYes
Initial contract exceptionNo

Financial detail (Schedule D)

Board-designated %18.5%
Permanent endowment %62.9%
Endowment held by related orgNo

Fundraising activity (Schedule G)

Uses professional fundraisersYes
Gross fundraising receipts$4.9M
Net to org$4.2M
Retained by contractors$709K
ChannelsMail · Phone · Email · In-person · Grant solicitation
Public records
ProPublica Nonprofit Explorer
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