Since grantmaking began in 2007, we have invested greater than $13M in biodiversity informatics projects.
We are committed to following the best practices in financial accounting and disclosure for private U.S. foundations. We invite you to contact us if you have questions or suggestions for how we can improve upon the presentation of our finances or our approach to financial reporting.
- The JRS. endowment is approximately $42 million as of January 2016. Our goal is to spend about 5% of our endowment annually. We invite you to read our Investment Policy Statement.
- Our 2014 grant commitments were $2.12 million. In 2015, we made new grants totaling $0.5 million. In the future, annual grant commitments are planned to average about $1.7 million. This may vary depending upon strategic decisions, and the impact of the economy on our endowment.
- Our average grant award is about $175,000 over three years.
- About 10 grants are awarded each year.
JRS is proud to join the Foundation Center’s Glasspockets initiative that champions philanthropic transparency in an online world. – See more at: http://glasspockets.org and the JRS Biodiversity Foundation Glasspockets Profile.
JRS has joined over 125 other foundations who are divesting from the fossil fuel industries that deepen the climate crisis and are investing instead in climate solutions. Read more about our Social Investment Policy.
The JRS Biodiversity Foundation purchases certified carbon offsets from CarbonFund.org for the climate impact of our operations and travel by investment in the Russas Project.
Total Unrestricted Net Assets, 2007 – 2015 (end of year)
The JRS endowment is managed by a financial advisor to balance growth and risk in order to maintain the purchasing power of the endowment and meet distribution requirements. Our total unrestricted net assets at the end of 2015 was $41,560,000.