Overview
What is Shell Foundation?
Shell Foundation is a UK-based charitable organization with a mission to address global development challenges that limit access to energy and sustainable mobility. They employ a business-oriented approach to tackle these issues. The Access to Energy Programme, a key initiative, supports the growth of social enterprises, such as SunCulture and Lorentz, and market enablers. Their efforts aim to enhance the financial viability and scalability of modern energy services for low-income consumers. Notable accomplishments include a 40% revenue increase for farmers utilizing SunCulture's solar water pumps and significant cost reductions for Lorentz's solar pump distributor. Sistema.bio is another beneficiary of Shell Foundation's support, experiencing substantial income improvements through carbon credit monetization.
Official website here: www.shellfoundation.org
Is Shell Foundation legitimate?
Shell Foundation is a legitimate nonprofit organization registered as a 501(c)(4) entity. Shell Foundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are not tax deductible.
Here are some key statistics you may want to consider:
Executive Compensation: $5,230,198
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.shellfoundation.org
What is the mission statement of Shell Foundation?
Shell Foundation is a charitable organization that tackles development issues obstructing access to energy and sustainable urban and rural mobility through a business approach. Its mission is to enhance energy access and promote sustainable mobility for underserved communities. The Access to Energy Programme, led by the foundation, collaborates with social enterprises and market facilitators to expand the availability of modern energy services to low-income populations in a financially viable and scalable manner. Some significant accomplishments include SunCulture's solar water pumps generating a 40% revenue increase for farmers, Lorentz realizing substantial cost savings with their solar pumps, and Sistema.bio demonstrating a substantial income opportunity for farmers through carbon credit monetization, all with Shell Foundation's support.
Official website here: www.shellfoundation.org
Who is the CEO of Shell Foundation?
Mr Jonathan Berman is the Chief Executive Officer of Shell Foundation. The CEO's salary of Shell Foundation is $377,721 and their total compensation is $417,301.
Official website here: www.shellfoundation.org
What is the revenue of Shell Foundation?
Who are the executives of Shell Foundation and what are their salaries?
The average compensation at Shell Foundation during 2022 was $5,230,198. There are 1 employees at Shell Foundation.
Here are 21 key members and their salaries (Shell Foundation's CEO's salary is $377,721 and their total compensation is $417,301):
- Mr Jonathan Berman (Chief Executive Officer)
- Ms Gail Klintworth (Trustee-Chair)
- Ms Diana Lisa Carney (Trustee)
- Ms Alice Georgina Chapple (Trustee)
- Professor Maggie Kigozi (Trustee)
- Ms Sinead Caitlin Lynch (Trustee)
- Mr Wael Sawan (Trustee)
- Mr Huibert Hans Vigeveno (Trustee)
- Mr Grzegorz Lukasz Gut (Trustee)
- Ms Vinita Bali (Trustee)
- Mr Richard Gomes (Chief Operating Officer)
- Ms Rachel Singh Davies (Chief Financial Officer And Company Secretary)
- Mr William Sumner (Finance Manager)
- Ms Meera Shah (Portfolio Lead Farmers)
- Mr Wim Jonker Klunne (Hsfg Co-Ordinator)
- Mr Nicholas Jones (Market Development Manager)
- Mr Ashish Kumar (Portfolio Innovation Manager)
- Mr Moazzam Chughtai (Finance Advisor)
- Mr Gareth Zahir Bill (Operations Director)
- Mr Jordan Broadbent (Senior Theme Lead Energy For Business)
- Ms Fiona Hoffman-Harland (Business Development Advisor)
Official website here: www.shellfoundation.org
Where can I find the form 990 for Shell Foundation?
The Shell Foundation’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.shellfoundation.org
Learn more at the official website: www.shellfoundation.org
Mission Statement of Shell Foundation
Shell Foundation, an independent charitable organization, tackles global development challenges that limit access to energy and sustainable urban and rural mobility. Through a business-oriented approach, the Foundation aims to address these constraints and make modern energy services more accessible to low-income communities in a financially sustainable and scalable manner. The Foundation's Access to Energy Programme plays a pivotal role in this mission, collaborating with and supporting the expansion of groundbreaking social enterprises and market enablers, such as financial intermediaries or supply chain solutions.
According to recent evaluations, the efforts of Shell Foundation have yielded impressive results. For instance, an independent assessment reported a 40% increase in revenue for farmers using SunCulture's solar water pumps. Furthermore, Lorentz, a pilot project, realized substantial cost reductions with the solar pump's distributor financing backed by Shell Foundation, leading to enhanced affordability and availability of essential irrigation pumps for farmers. Another initiative, Sistema.bio, demonstrated a substantial reduction in costs due to the monetization of carbon credits, significantly improving the income opportunities for participating farmers. The mission of Shell Foundation continues to focus on creating innovative solutions to expand energy access and promote sustainable mobility, making a positive impact on the lives of those in need.
Impact
This information is meant to be a general summary of Shell Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
Shell Foundation's impact can be seen through its efforts in increasing the availability of modern energy services to low-income consumers in a financially viable and scalable manner. For example, through partnerships with social enterprises like SunCulture, Lorentz, and Sistema.bio, Shell Foundation has facilitated significant revenue increases for farmers utilizing solar water pumps, reduced costs for solar pumps through distributor financing, and improved income opportunities for farmers through the monetization of carbon credits. These accomplishments reflect the tangible and sustainable impact Shell Foundation has on improving access to energy and sustainable mobility solutions in disadvantaged communities globally.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Assets and Liabilities:
Organization Details
Founding Year
2000
Phone
(207) 934-4262
Principal Officer
Mr Jonathan Berman
Website
www.shellfoundation.org
NTEE Category
Code: C35 - Environment
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