Civic Intelligence

Holdfast Trust

EIN 88-6574046 • 501(c)4 • Jackson, WY

Profile

Fighting the environmental crisis by raising awareness of the current environmental crisis; protecting biodiversity and climate resilience through land preservation and restoration; defending and supporting democracy and environmental activism; lobbying and other advocacy in support of these issues; and making grants to other nonprofit organizations.

255 Buffalo Way PO Box 1905Jackson, WY 83001-1905

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

6th percentile

0.00x

Higher debt load relative to assets than 6% of similar nonprofits.

$1B+ nonprofits • Source year 2024

Liabilities / Revenue

9th percentile

0.03x

Higher debt load relative to revenue than 9% of similar nonprofits.

$1B+ nonprofits • Source year 2024

Net Margin

88th percentile

39%

Higher net margin than 88% of similar nonprofits.

$1B+ nonprofits • Source year 2024

Top Officer Pay

45th percentile

$1,199,627

Higher top officer pay than 45% of similar nonprofits.

Top officer pay equals 1.9% of source-year revenue.

$1B+ nonprofits • Source year 2024

Asset Growth

27th percentile

1.7%

Faster asset growth than 27% of similar nonprofits.

$1B+ nonprofits • Annualized from 2023 to 2024

Revenue Growth

91st percentile

53%

Faster revenue growth than 91% of similar nonprofits.

$1B+ nonprofits • Annualized from 2023 to 2024

Assets

Up

$1,443,491,840

Up $24,455,501 (+1.7%) from 2023

Liabilities

Down

$1,716,787

Down $485,069 (-22%) from 2023

Net Assets

Up

$1,441,775,053

Up $24,940,570 (+1.8%) from 2023

Revenue

Up

$63,307,338

Up $21,931,962 (+53%) from 2023

Expenses

Up

$38,399,792

Up $2,321,848 (+6.4%) from 2023

Net Income

Up

$24,907,546

Up $19,610,114 (+370%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$1.5B$1.0B$500M$0Assets 2022: $1,411,537,051Liabilities 2022: $0Net Assets 2022: $1,411,537,0512022Assets 2023: $1,419,036,339Liabilities 2023: $2,201,856Net Assets 2023: $1,416,834,4832023Assets 2024: $1,443,491,840Liabilities 2024: $1,716,787Net Assets 2024: $1,441,775,0532024

Highlighted filing

2024

Assets$1,443,491,840
Liabilities$1,716,787
Net Assets$1,441,775,053

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$1.5B$1.0B$500M$0Revenue 2022: $1,420,178,040Expenses 2022: $8,640,989Net Income 2022: $1,411,537,0512022Revenue 2023: $41,375,376Expenses 2023: $36,077,944Net Income 2023: $5,297,4322023Revenue 2024: $63,307,338Expenses 2024: $38,399,792Net Income 2024: $24,907,5462024

Highlighted filing

2024

Revenue$63,307,338
Expenses$38,399,792
Net Income$24,907,546

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 6, 2025
Return Version
2024v5.2
Gross Receipts
$63,307,338
Mission and Program Overview

Mission

Fighting the environmental crisis by raising awareness of the current environmental crisis; protecting biodiversity and climate resilience through land preservation and restoration; defending and supporting democracy and environmental activism; lobbying and other advocacy in support of these issues; and making grants to other nonprofit organizations.

Provides grants to organizations engaged in protecting the environment and engages in direct conservation efforts to protect the environment through the acquisition of land or other property or contractual rights

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$1,416,834,483$1,441,775,053▲ $24,940,570
Investments Other Securities$1,381,084,403$1,381,084,403→ $0
Accounts Receivable$54,075$23,373,658▲ $23,319,583
Prepaid Expenses and Deferred Charges$16,077,230$16,882,708▲ $805,478
Savings and Temporary Cash Investments$14,000,000$13,741,453▼ $258,547
Investments Program Related$7,446,838$8,304,804▲ $857,966
Cash and Non-Interest-Bearing Accounts$373,793$104,814▼ $268,979
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$1,419,036,339$1,443,491,840▲ $24,455,501
Liabilities
Grants Payable$2,200,000$1,000,000▼ $1,200,000
Accounts Payable and Accrued Expenses$1,856$716,787▲ $714,931
Total Liabilities$2,201,856$1,716,787▼ $485,069
Net Assets / Fund Balance
Total Net Assets Fund Balance$1,416,834,483$1,441,775,053▲ $24,940,570
Total Liabilities and Net Assets / Fund Balance$1,419,036,339$1,443,491,840▲ $24,455,501

Asset Categories

AssetBook ValueDepreciationBasis
Other Securities$1,381,084,403--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
-Institutional TrusteeFT$1,199,627$1,199,627
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$63,307,331
Other Revenue
$7
Change in Net Assets
$24,907,546
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$36,272,000
Salaries, Compensation, and Employee Benefits$1,199,627
Other Expenses$928,165
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$35,922,000--$35,922,000
Current Officers, Directors, Trustees, and Key Employees$1,068,995$130,632-$1,199,627
Foreign Grants$350,000--$350,000
Fees for Services Legal-$208,923-$208,923
Fees for Services Lobbying-$51,312-$51,312
Insurance-$37,949-$37,949
Fees for Services Accounting-$20,475-$20,475
Other Expenses-$1-$1
Total Functional Expenses$37,340,995$1,058,797$0$38,399,792
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Marin Community FoundationNovato, CA501(c)(3)PHILANTHROPY RELATED TO PROTECTING OUR PLANET FROM CLIMATE CHANGE; GENERAL SUPPORT$17,040,000
The Nature ConservancyArlington, VA501(c)(3)PHILANTHROPY RELATED TO PROTECTING OUR PLANET FROM CLIMATE CHANGE; GENERAL SUPPORT$7,200,000
Save Our Home Planet Action IncVentura, CA501(c)(4)ADVOCACY RELATED TO PROTECTING OUR PLANET FROM CLIMATE CHANGE; GENERAL SUPPORT$6,651,000
RewildAustin, TX501(c)(3)PHILANTHROPY RELATED TO PROTECTING OUR PLANET FROM CLIMATE CHANGE; GENERAL SUPPORT$3,250,000
Smith River Alliance IncAustin, TX501(c)(3)PHILANTHROPY RELATED TO PROTECTING OUR PLANET FROM CLIMATE CHANGE; GENERAL SUPPORT$830,000
Campaign for a Safe and Healthy CaliforniaSacramento, CA501(c)(4)ADVOCACY RELATED TO PROTECTING OUR PLANET FROM CLIMATE CHANGE; GENERAL SUPPORT$500,000
Senate Majority PacWashington, DC501(c)(4)ADVOCACY RELATED TO PROTECTING OUR PLANET FROM CLIMATE CHANGE; GENERAL SUPPORT$200,000
Tides AdvocacySan Francisco, CA-ADVOCACY RELATED TO PROTECTING OUR PLANET FROM CLIMATE CHANGE; GENERAL SUPPORT$100,000
Climate Cabinet ActionSan Francisco, CA-ADVOCACY RELATED TO PROTECTING OUR PLANET FROM CLIMATE CHANGE; GENERAL SUPPORT$75,000
Ventura County Democratic Central CommitteeCamarillo, CA-ADVOCACY RELATED TO PROTECTING OUR PLANET FROM CLIMATE CHANGE; GENERAL SUPPORT$45,500
Climate Cabinet PacSan Francisco, CA-ADVOCACY RELATED TO PROTECTING OUR PLANET FROM CLIMATE CHANGE; GENERAL SUPPORT$25,000
Stephenson for SupervisorSanta Barbara, CA-ADVOCACY RELATED TO PROTECTING OUR PLANET FROM CLIMATE CHANGE; GENERAL SUPPORT$5,500

International Summary

Offices
0
Employees
0
Spending
$2,609,731

International Compliance

Foreign grant records maintained
Yes
Activity in boycott countries
No
Foreign corporation ownership
Yes
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
Yes

International Activities

RegionActivityServicesOfficesEmployeesSpending
North America - Canada and Mexico, But Not the United StatesInvestment-00$2,259,731
East Asia and the PacificGrants-00$350,000
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
Yes
Subject to proxy tax
No

Reported Spending and Taxes

Line ItemAmount
Political Expenditures$2,936,400
Total Exempt Function Spending$2,936,400

Section 527 Organizations

OrganizationLocationAmount
99-4343401Ventura, CA$2,660,400
27-2896127Washington, DC$200,000
20-8950275Camarillo, CA$45,500
84-4327022San Francisco, CA$25,000
93-3733952Santa Barbara, CA$5,500
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

The form 990 is prepared by a public accounting firm and the trustee reviews the 990 prior to filing.

Form 990, Part VI, Section B, Line 15

The organization is managed by an institutional trustee, four seas llc dba holdfast collective. The trustee fee is paid to an institutional trustee for management and operational services and does not represent compensation to any individual employee. The fee covers the operating costs for this grant making entity and outside advisor fees for accounting, legal and consulting. The organization sought an opinion from an independent consultant to determine the fee, which was established using comparability data and is based on the total income generated by the assets of the trust. The trustee fee is documented in the trustee fee agreement. The institutional trustee fee is reported on part vii, section a as well as part ix line 5 according to irs form 990 instructions.

Form 990, Part VI, Section C, Line 19

Documents were made available to the public as soon as the documents were finalized and approved by irs.

Form 990, Part VII, Section A

Four seas llc is doing business as the holdfast collective, which is a trustee supporting the philanthropic work of five non-profit trusts: the holdfast trust, chalten trust, sojourner trust, wilder trust, and tail wind trust. The holdfast collective is a trust company that was created to efficiently manage and administer the philanthropic work of the non-profits. Please refer to the part vi, line 15a disclosure for more information on the services provided by the holdfast collective. All of the non-profits served by the holdfast collective are 501(c)(4) social welfare organizations. The non-profits, collectively, own 100% of patagonia's non-voting stock and receive 97.65% of any dividend patagonia issues. Dividends issued by patagonia fund the philanthropic work of the non-profits. The largest non-profit is the holdfast trust; it receives 77.7% of any dividend. All the non-profits are dedicated to fighting the environmental crisis. For simplicity, we refer to the holdfast collective as patagonia's non-profit shareholder.

Filing and Contact Details

Filer

Filer Name
Holdfast Trust
EIN
88-6574046
Phone
3073957117
Address
255 BUFFALO WAY PO BOX 1905, JACKSON, WY 83001-1905

Signing Officer

Name
Greg Curtis
Title
Trustee President
Phone
3073957117
Signed
2025-11-06
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Greg Curtis
Formed
2022
Legal Domicile
Wy
Voting Board Members
1
Independent Board Members
0
Employees
0
Volunteers
0

Preparer

Firm
Baker Tilly Advisory Group Lp
Address
225 S LAKE AVE SUITE 900, PASADENA, CA 91101
Preparer
Lauren a Haverlock
Phone
8185771900
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

Cumulative translation adjustment 33,024.

Raw XML AppendixShowing 400 of 547 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990ScheduleC/Section527PoliticalOrgGrp/USAddress/ZIPCd293011
IRS990ScheduleC/Section527PoliticalOrgGrp/USAddress/ZIPCd394104
IRS990ScheduleC/Section527PoliticalOrgGrp/USAddress/ZIPCd493101
IRS990ScheduleC/TotalExemptFunctionExpendAmt02936400
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt01381084403
IRS990ScheduleD/OtherSecuritiesGrp/Desc0NON-VOTING STOCK
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0C
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalBookValueSecuritiesAmt01381084403
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/EmployeeCnt00
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/EmployeeCnt10
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/OfficesCnt00
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/OfficesCnt10
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt02259731
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt1350000
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt0NORTH AMERICA - CANADA AND MEXICO, BUT NOT THE UNITED STATES
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt1EAST ASIA AND THE PACIFIC
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt0INVESTMENT
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt1GRANTS
IRS990ScheduleF/BoycottCountriesInd00
IRS990ScheduleF/ContinuationSpentAmt00
IRS990ScheduleF/ContinuationTotalEmployeeCnt00
IRS990ScheduleF/ContinuationTotalOfficeCnt00
IRS990ScheduleF/ForeignCorpOwnershipInd01
IRS990ScheduleF/ForeignPartnershipInd00
IRS990ScheduleF/GrantRecordsMaintainedInd01
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/CashGrantAmt0350000
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/NonCashAssistanceAmt00
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/PurposeOfGrantTxt0PHILANTHROPY RELATED TO PROTECTING OUR PLANET FROM CLIMATE CHANGE; GENERAL SUPPORT
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/RegionTxt0EAST ASIA AND THE PACIFIC
IRS990ScheduleF/InterestInForeignTrustInd00
IRS990ScheduleF/PassiveForeignInvestmestCoInd00
IRS990ScheduleF/SubtotalEmployeesCnt00
IRS990ScheduleF/SubtotalOfficesCnt00
IRS990ScheduleF/SubtotalSpentAmt02609731
IRS990ScheduleF/SupplementalInformationDetail/ExplanationTxt0FOR ALL GRANTS THE TRUST REQUIRES REPORTING FROM GRANTEES ON THE USE OF FUNDS AND PERIODICALLY ENGAGES WITH GRANTEES TO ENSURE THAT REPORTING IS BEING PERFORMED TIMELY AND ACCURATELY. FOR LARGER GRANTS, THE TRUST FOLLOWS A PROCEDURE AKIN TO EXPENDITURE RESPONSIBILITY. THIS PROCEDURE INCLUDES A PRE-GRANT INQUIRY TO EVALUATE THE HISTORY, EXPERIENCE AND ACTIVITIES OF THE GRANTEE. IF THE GRANT IS APPROVED, THE TRUST WILL ENTER INTO A WRITTEN COMMITMENT WITH THE GRANT RECIPIENT PRIOR TO PAYING THE GRANT. THE TRUST WILL ALSO OBTAIN A GRANT REPORTS ON BOTH AN ANNUAL BASIS AND UPON THE COMPLETION OF THE GRANT (DEPENDING ON THE LENGTH OF THE GRANT PAYMENT AND THE PROJECT FUNDED.) THIS REPORT PROVIDES INFORMATION ON THE USE OF THE GRANT FUNDS, COMPLIANCE WITH THE TERMS OF THE GRANTS AND PROGRESS MADE TOWARDS ACHIEVING THE PURPOSE OF THE GRANT.
IRS990ScheduleF/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2:
IRS990ScheduleF/Total501c3OrgCnt00
IRS990ScheduleF/TotalEmployeeCnt00
IRS990ScheduleF/TotalOfficeCnt00
IRS990ScheduleF/TotalOtherOrgCnt01
IRS990ScheduleF/TotalSpentAmt02609731
IRS990ScheduleF/TransferToForeignCorpInd01
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/RecipientTable/CashGrantAmt017040000
IRS990ScheduleI/RecipientTable/CashGrantAmt17200000
IRS990ScheduleI/RecipientTable/CashGrantAmt26651000
IRS990ScheduleI/RecipientTable/CashGrantAmt33250000
IRS990ScheduleI/RecipientTable/CashGrantAmt4830000
IRS990ScheduleI/RecipientTable/CashGrantAmt5500000
IRS990ScheduleI/RecipientTable/CashGrantAmt6200000
IRS990ScheduleI/RecipientTable/CashGrantAmt7100000
IRS990ScheduleI/RecipientTable/CashGrantAmt875000
IRS990ScheduleI/RecipientTable/CashGrantAmt945500
IRS990ScheduleI/RecipientTable/CashGrantAmt1025000
IRS990ScheduleI/RecipientTable/CashGrantAmt115500
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501(C)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc1501(C)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc2501(C)(4)
IRS990ScheduleI/RecipientTable/IRCSectionDesc3501(C)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc4501(C)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc5501(C)(4)
IRS990ScheduleI/RecipientTable/IRCSectionDesc6501(C)(4)
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt00
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt10
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt20
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt30
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt40
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt50
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt60
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt70
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt80
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt90
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt100
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt110
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0PHILANTHROPY RELATED TO PROTECTING OUR PLANET FROM CLIMATE CHANGE; GENERAL SUPPORT
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1PHILANTHROPY RELATED TO PROTECTING OUR PLANET FROM CLIMATE CHANGE; GENERAL SUPPORT
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt2ADVOCACY RELATED TO PROTECTING OUR PLANET FROM CLIMATE CHANGE; GENERAL SUPPORT
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt3PHILANTHROPY RELATED TO PROTECTING OUR PLANET FROM CLIMATE CHANGE; GENERAL SUPPORT
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt4PHILANTHROPY RELATED TO PROTECTING OUR PLANET FROM CLIMATE CHANGE; GENERAL SUPPORT
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt5ADVOCACY RELATED TO PROTECTING OUR PLANET FROM CLIMATE CHANGE; GENERAL SUPPORT
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt6ADVOCACY RELATED TO PROTECTING OUR PLANET FROM CLIMATE CHANGE; GENERAL SUPPORT
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt7ADVOCACY RELATED TO PROTECTING OUR PLANET FROM CLIMATE CHANGE; GENERAL SUPPORT
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt8ADVOCACY RELATED TO PROTECTING OUR PLANET FROM CLIMATE CHANGE; GENERAL SUPPORT
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt9ADVOCACY RELATED TO PROTECTING OUR PLANET FROM CLIMATE CHANGE; GENERAL SUPPORT
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt10ADVOCACY RELATED TO PROTECTING OUR PLANET FROM CLIMATE CHANGE; GENERAL SUPPORT
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt11ADVOCACY RELATED TO PROTECTING OUR PLANET FROM CLIMATE CHANGE; GENERAL SUPPORT
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0MARIN COMMUNITY FOUNDATION
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1THE NATURE CONSERVANCY
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt2SAVE OUR HOME PLANET ACTION INC
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt3REWILD
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt4SMITH RIVER ALLIANCE INC
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt5CAMPAIGN FOR A SAFE AND HEALTHY CALIFORNIA
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt6SENATE MAJORITY PAC
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt7TIDES ADVOCACY
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt8CLIMATE CABINET ACTION
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt9VENTURA COUNTY DEMOCRATIC CENTRAL COMMITTEE
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt10CLIMATE CABINET PAC
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt11STEPHENSON FOR SUPERVISOR
IRS990ScheduleI/RecipientTable/RecipientEIN0943007979
IRS990ScheduleI/RecipientTable/RecipientEIN1530242652
IRS990ScheduleI/RecipientTable/RecipientEIN2994343401
IRS990ScheduleI/RecipientTable/RecipientEIN3943007979
IRS990ScheduleI/RecipientTable/RecipientEIN4262887967
IRS990ScheduleI/RecipientTable/RecipientEIN5931659476
IRS990ScheduleI/RecipientTable/RecipientEIN6272896127
IRS990ScheduleI/RecipientTable/RecipientEIN7943153687
IRS990ScheduleI/RecipientTable/RecipientEIN8854196094
IRS990ScheduleI/RecipientTable/RecipientEIN9208950275
IRS990ScheduleI/RecipientTable/RecipientEIN10844327022
IRS990ScheduleI/RecipientTable/RecipientEIN11933733952
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt05 HAMILTON LANDING SUITE 200
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt14245 N FAIRFAX DRIVE SUITE 100
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt2259 W SANTA CLARA STREET
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt3PO BOX 129
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt4PO BOX 129
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt51700 TRIBUTE ROAD SUITE 201
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt61032 15TH STREET NW SUITE 247
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt71014 TORNEY AVENUE
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt8150 SUTTER STREET 695
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt9PO BOX 1587
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt10150 SUTTER STREET 695
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt11226 E CANON PERDIDO D
IRS990ScheduleI/RecipientTable/USAddress/CityNm0NOVATO
IRS990ScheduleI/RecipientTable/USAddress/CityNm1ARLINGTON
IRS990ScheduleI/RecipientTable/USAddress/CityNm2VENTURA
IRS990ScheduleI/RecipientTable/USAddress/CityNm3AUSTIN
IRS990ScheduleI/RecipientTable/USAddress/CityNm4AUSTIN
IRS990ScheduleI/RecipientTable/USAddress/CityNm5SACRAMENTO
IRS990ScheduleI/RecipientTable/USAddress/CityNm6WASHINGTON
IRS990ScheduleI/RecipientTable/USAddress/CityNm7SAN FRANCISCO
IRS990ScheduleI/RecipientTable/USAddress/CityNm8SAN FRANCISCO
IRS990ScheduleI/RecipientTable/USAddress/CityNm9CAMARILLO
IRS990ScheduleI/RecipientTable/USAddress/CityNm10SAN FRANCISCO
IRS990ScheduleI/RecipientTable/USAddress/CityNm11SANTA BARBARA
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0CA
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd1VA
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd2CA
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd3TX
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd4TX
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd5CA
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd6DC
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd7CA
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd8CA
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd9CA
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd10CA
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd11CA
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd094949
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd122203
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd293001
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd378767
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd478767
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd595815
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd620005
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd794129
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd894104
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd993011
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd1094104
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd1193101
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0FOR ALL GRANTS THE TRUST REQUIRES REPORTING FROM GRANTEES ON THE USE OF FUNDS AND PERIODICALLY ENGAGES WITH GRANTEES TO ENSURE THAT REPORTING IS BEING PERFORMED TIMELY AND ACCURATELY. FOR LARGER GRANTS, THE TRUST FOLLOWS A PROCEDURE AKIN TO EXPENDITURE RESPONSIBILITY. THIS PROCEDURE INCLUDES A PRE-GRANT INQUIRY TO EVALUATE THE HISTORY, EXPERIENCE AND ACTIVITIES OF THE GRANTEE. IF THE GRANT IS APPROVED, THE TRUST WILL ENTER INTO A WRITTEN COMMITMENT WITH THE GRANT RECIPIENT PRIOR TO PAYING THE GRANT. THE TRUST WILL ALSO OBTAIN A GRANT REPORTS ON BOTH AN ANNUAL BASIS AND UPON THE COMPLETION OF THE GRANT (DEPENDING ON THE LENGTH OF THE GRANT PAYMENT AND THE PROJECT FUNDED.) THIS REPORT PROVIDES INFORMATION ON THE USE OF THE GRANT FUNDS, COMPLIANCE WITH THE TERMS OF THE GRANTS AND PROGRESS MADE TOWARDS ACHIEVING THE PURPOSE OF THE GRANT.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2:
IRS990ScheduleI/Total501c3OrgCnt04
IRS990ScheduleI/TotalOtherOrgCnt08
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE FORM 990 IS PREPARED BY A PUBLIC ACCOUNTING FIRM AND THE TRUSTEE REVIEWS THE 990 PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION IS MANAGED BY AN INSTITUTIONAL TRUSTEE, FOUR SEAS LLC DBA HOLDFAST COLLECTIVE. THE TRUSTEE FEE IS PAID TO AN INSTITUTIONAL TRUSTEE FOR MANAGEMENT AND OPERATIONAL SERVICES AND DOES NOT REPRESENT COMPENSATION TO ANY INDIVIDUAL EMPLOYEE. THE FEE COVERS THE OPERATING COSTS FOR THIS GRANT MAKING ENTITY AND OUTSIDE ADVISOR FEES FOR ACCOUNTING, LEGAL AND CONSULTING. THE ORGANIZATION SOUGHT AN OPINION FROM AN INDEPENDENT CONSULTANT TO DETERMINE THE FEE, WHICH WAS ESTABLISHED USING COMPARABILITY DATA AND IS BASED ON THE TOTAL INCOME GENERATED BY THE ASSETS OF THE TRUST. THE TRUSTEE FEE IS DOCUMENTED IN THE TRUSTEE FEE AGREEMENT. THE INSTITUTIONAL TRUSTEE FEE IS REPORTED ON PART VII, SECTION A AS WELL AS PART IX LINE 5 ACCORDING TO IRS FORM 990 INSTRUCTIONS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DOCUMENTS WERE MADE AVAILABLE TO THE PUBLIC AS SOON AS THE DOCUMENTS WERE FINALIZED AND APPROVED BY IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3FOUR SEAS LLC IS DOING BUSINESS AS THE HOLDFAST COLLECTIVE, WHICH IS A TRUSTEE SUPPORTING THE PHILANTHROPIC WORK OF FIVE NON-PROFIT TRUSTS: THE HOLDFAST TRUST, CHALTEN TRUST, SOJOURNER TRUST, WILDER TRUST, AND TAIL WIND TRUST. THE HOLDFAST COLLECTIVE IS A TRUST COMPANY THAT WAS CREATED TO EFFICIENTLY MANAGE AND ADMINISTER THE PHILANTHROPIC WORK OF THE NON-PROFITS. PLEASE REFER TO THE PART VI, LINE 15A DISCLOSURE FOR MORE INFORMATION ON THE SERVICES PROVIDED BY THE HOLDFAST COLLECTIVE. ALL OF THE NON-PROFITS SERVED BY THE HOLDFAST COLLECTIVE ARE 501(C)(4) SOCIAL WELFARE ORGANIZATIONS. THE NON-PROFITS, COLLECTIVELY, OWN 100% OF PATAGONIA'S NON-VOTING STOCK AND RECEIVE 97.65% OF ANY DIVIDEND PATAGONIA ISSUES. DIVIDENDS ISSUED BY PATAGONIA FUND THE PHILANTHROPIC WORK OF THE NON-PROFITS. THE LARGEST NON-PROFIT IS THE HOLDFAST TRUST; IT RECEIVES 77.7% OF ANY DIVIDEND. ALL THE NON-PROFITS ARE DEDICATED TO FIGHTING THE ENVIRONMENTAL CRISIS. FOR SIMPLICITY, WE REFER TO THE HOLDFAST COLLECTIVE AS PATAGONIA'S NON-PROFIT SHAREHOLDER.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4CUMULATIVE TRANSLATION ADJUSTMENT 33,024.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VII, SECTION A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART XI, LINE 9:
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd01
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00

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