Washington, D.C. · Nonprofit
FOREST TRENDS ASSOCIATION
FOREST TRENDS ASSOCIATION (Washington, D.C.) receives grants from 44 organizations whose IRS filings report $11,313,715 to it, the largest being SKOLL FUND ($2,650,000). 26 of them have funded it in more than one year.
- Revenue FY2025
- $6.0M
- Funders on record
- 44
- Grants received
- $11M
- Net assets
- $3.4M
What Forest Trends Association does
Mission
Forest trends works to drive innovation in environmental finance to support resilient ecosystems and communities. Through its core initiatives-including forest policy, trade & finance, water, and communities-forest trends develops data, (continued on schedule o)tools, and partnerships that promote sustainable resource management, strengthen local and indigenous land rights, and support market-based solutions to environmental challenges. These programs collectively advance policy development, improve transparency in supply chains, and expand financing mechanisms for conservation and sustainable livelihoods.
As stated on its FY2025 Form 990.
Programs
Forest policy, trade & finance initiative: the forest policy, trade and finance initiative was created in the early 2000s when the organization realized that emerging markets for ecosystem services and products were continuing to be undermined by cheap and illegal forest products. Since then, the fptf program has been working to "squeeze out" the profitability and market access of illegally sourced timber and agricultural products. The ultimate aim of the fptf program is to support market transformation away from products sourced illegally from forest areas, developing excellent data and policy analysis in conjunction with stakeholders, and mentoring and convening 'communities of practice' at the intersection of good forest governance, law enforcement, trade controls, secure resource rights, and sustainable resource development. The initiative's theory of change hinges upon a combination of supply and demand side interventions at this intersection of policy, governance, transparency, and sustainable resource production.mekong: preventing deforestations before it happens through stopping illegal deforestation, fighting climate change, creating new strategies in tracing illegal…
$2,283,806 spent33% of program spendingWater initiative: recognizing the multiple values, including supplies of clean water, which forests provide to people, forest trends has worked from inception to promote the use of incentives and market-based instruments to protect and sustainably manage watershed services. Forest trends helped establish the chesapeake bay fund, an innovative partnership between forest trends, the world resources institute, and the chesapeake bay foundation, to restore and protect the bay's water quality. In 2010, we launched the first state of watershed payments report, the first global survey of incentive and market-based instruments for protecting hydrological services.global water in 2018, usaid and the government of canada made a major $28 million commitment (in 2013 this commitment was increased to $52,181,653 to the natural infrastructure for water security project in peru, led by forest trends and partners. Forest trends also created the first-ever comprehensive online course on natural infrastructure for the water sector in collaboration with the association of latin american water utility regulators (aderasa) and financing experts at ecodecisin. To date, forest trends has trained 126…
$1,781,439 spentof which $145,404 as grants25% of program spendingCommunities initiative: the communities initiative is one of the first initiatives of forest trends. The initial focus was on research and publications to promote communities' forest/land tenure. In 2006 we transitioned to our current approach of working directly with local communities to strengthen their capacity to secure and manage their traditional forest homelands.we support indigenous and other traditional communities to secure their rights, manage and conserve their forests and improve their livelihoods. Focusing on rights, forests, and livelihoods, we link local communities in key geographies to opportunities around evolving policy, finance, and technical assistance. By strengthening local communities' capacity to secure and manage their forests, the communities initiative is also contributing to climate change mitigation, cultural survival, and to the conservation of biodiversity and other ecosystem services.
$1,356,235 spentof which $233,987 as grants19% of program spendingCatalytic campaign: the forest service accomplishes work under the challenge cost-share authority (department of the interior and related agencies appropriations act of 1992, public law 102-154) for the purpose of cooperatively developing, planning, and implementing projects with our partners that are of mutual interest and benefit and enhance forest service activities. As stated in the original agreement (22-cs-11132420), the forest service seeks to modify its agreement with forest trends to expand strategic communications related to the wildfire crisis strategy, mutually supporting partners' efforts to build enabling conditions that accelerate the implementation of priority on-the groundwork in wcs landscapes.
$729,522 spent10% of program spendingEcosystem marketplace: launched as a web-based information platform in 2004, ecosystem marketplace publishes newsletters, breaking news, original feature articles and major reports about market-based approaches to conserving ecosystem services. Beginning in 2007, staff began collecting survey data to inform the first-ever "state of the voluntary carbon markets" report; since then, coverage has expanded to include forest carbon, watershed investments and biodiversity in our signature "state of" market analysis report format. Lately, em has explored new topics of interest to our traditional markets (e.g., the buyers' report), expanded our coverage to new focal topics (e.g., supply change, and the conservation investment survey), and increased our external advising and consulting opportunities (e.g., global alliance for clean cookstoves, forest stewardship council).em believes that transparency is a hallmark of robust markets and that by providing freely-accessible information, we can facilitate transactions (thereby lowering transaction costs) and also catalyze new thinking and spur the development of new markets and the infrastructure that supports them. With em's high quality…
$541,477 spent8% of program spendingKatoomba: the katoomba group, hosted by forest trends, is a global network of people working to mobilize public funding and private capital to conserve and restore nature in ways that also empower indigenous and local communities.
$297,296 spentof which $297,296 as grants4% of program spending
The 6 programs described on its FY2025 Form 990, listed largest first by expense. Program spending in total: $6,989,775.
The organization over time
Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2020 to 2021, from $5.4M to $10M (+86%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
Government-grant reliance: 2017 50% · 2018 74% · 2019 82% · 2020 65% · 2021 68% · 2022 71% · 2023 45% · 2024 71% · 2025 47%. Grants only. Government contracts and fees sit inside program revenue.
99% of FOREST TRENDS ASSOCIATION’s revenue is contributions — more reliant on donations than three-quarters of its peers (88% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 5 of the last 9 reported years ran a deficit.
reserve
Leadership and staff
The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.
Chief executive
Michael Jenkins
President & CEO
Board chair
Harris Sherman Co-Chair Then
Chair (transition 8/2025)
As listed on its FY2025 Form 990.
Who funds it, year by year
2017 → 2023: the base broadened from 7 funders to 19 funders, grant income rose $676k → $3.1M.
12 of 44 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 6% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
From the IRS filings of FOREST TRENDS ASSOCIATION’s funders (the co-funder graph). Top 30 of 44 funders by total. Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How concentrated its funding is
FOREST TRENDS ASSOCIATION has a broad base — no single funder exceeds 23% of grant income, and it takes 5 funders to reach half.
the vertical line marks half of all grant income — 5 funders to its left
58% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund FOREST TRENDS ASSOCIATION.
Largest funder’s share by year: 2017 30% · 2018 26% · 2019 33% · 2020 36% · 2021 43% · 2022 21% · 2023 66% — growing more concentrated.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How long its funders stay
50% of FOREST TRENDS ASSOCIATION's funders are still giving 3 years after their first grant; 59% give in more than one year at all.
Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.
Where its funders are
FOREST TRENDS ASSOCIATION draws 92% of its grant income from funders outside Washington, D.C., across 13 states in all.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $685k arriving through sponsors registered in 9 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Against its field
FOREST TRENDS ASSOCIATION's funding base is broadening — from 7 funders to 19 as grant income climbed.
this organization peer median middle 50% of peers· 1,074 environment nonprofits $1M–$10M, FY2025
Government funding FOREST TRENDS ASSOCIATION receives
Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $51.5M on record.
- Agency for International Development$41.3M
- Department of State$5.1M
- Department of Agriculture$5.1M
Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.
Organizations like FOREST TRENDS ASSOCIATION
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In Washington, D.C.
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
81% of spending goes to programs.
Governance
Public support
90%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Part of a family of 1 related entity
- The Katoomba Group · exempt
Screen this organization
A dated, signed PDF of the compliance screen for FOREST TRENDS ASSOCIATION: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds FOREST TRENDS ASSOCIATION?
- FOREST TRENDS ASSOCIATION (Washington, D.C.) receives grants from 44 organizations whose IRS filings report $11,313,715 to it, the largest being SKOLL FUND ($2,650,000). 26 of them have funded it in more than one year.
- How many funders does FOREST TRENDS ASSOCIATION have?
- IRS filings report 44 organizations giving $11,313,715 in grants to FOREST TRENDS ASSOCIATION, 26 of which have funded it in more than one year.
- Who is the largest funder of FOREST TRENDS ASSOCIATION?
- SKOLL FUND is the largest funder on record, with $2,650,000 in grants. The full list of funders is on this page.
- How can an organization like FOREST TRENDS ASSOCIATION find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Washington, D.C.. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 44 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing