Share |
Organization DBA --
Former Names --
Organization received a competitive grant from the Boston Foundation in the past five years Yes

Summary

--

Mission StatementMORE »

As the non-profit strategy consulting arm of the Conservation Law Foundation (CLF), CLF Ventures bridges the public and private sectors to advance innovative, market-based solutions that further our vision for a thriving economy based on environmentally sound and economically viable principles. Our strong environmental reputation and solid standing with New England communities builds trust with the diverse stakeholders needed to advance projects with economic and environmental benefits. We leverage our multidisciplinary skill sets in business, science, and planning—as well as our relationships, policy acumen, and reputation—to achieve the key outcomes necessary for a healthier and more sustainable society, environment, and economy in the New England region and beyond.

Mission Statement

As the non-profit strategy consulting arm of the Conservation Law Foundation (CLF), CLF Ventures bridges the public and private sectors to advance innovative, market-based solutions that further our vision for a thriving economy based on environmentally sound and economically viable principles. Our strong environmental reputation and solid standing with New England communities builds trust with the diverse stakeholders needed to advance projects with economic and environmental benefits. We leverage our multidisciplinary skill sets in business, science, and planning—as well as our relationships, policy acumen, and reputation—to achieve the key outcomes necessary for a healthier and more sustainable society, environment, and economy in the New England region and beyond.


FinancialsMORE »

Fiscal Year Aug 01, 2015 to July 31, 2016
Projected Income --
Projected Expense --

ProgramsMORE »

  • CLF Ventures

Revenue vs. Expense ($000s)

Expense Breakdown 2015 (%)

Expense Breakdown 2014 (%)

Expense Breakdown 2013 (%)

For more details regarding the organization's financial information, select the financial tab and review available comments.


Overview

Mission Statement

As the non-profit strategy consulting arm of the Conservation Law Foundation (CLF), CLF Ventures bridges the public and private sectors to advance innovative, market-based solutions that further our vision for a thriving economy based on environmentally sound and economically viable principles. Our strong environmental reputation and solid standing with New England communities builds trust with the diverse stakeholders needed to advance projects with economic and environmental benefits. We leverage our multidisciplinary skill sets in business, science, and planning—as well as our relationships, policy acumen, and reputation—to achieve the key outcomes necessary for a healthier and more sustainable society, environment, and economy in the New England region and beyond.


Background Statement

CLF Ventures is a 501(c)3 support subsidiary of the Conservation Law Foundation (CLF). Both entities work together closely to integrate effective advocacy and innovative market-based solutions across all of their distinct program areas. With a staff of eight and periodic volunteer experts who work on issues such as capital markets or stakeholder engagement, CLF Ventures provides consulting assistance to private and public clients seeking to advance innovative, market-based solutions that further our vision for a thriving economy based on environmentally sound and economically viable principles. The group provides business, science, and planning consulting assistance on complex siting challenges (smart growth, clean energy), market access for both old and new technologies/products, and fund development where capital can leverage positive environmental solutions (e.g., transit-oriented development). CLF/CLF Ventures’ strong environmental reputation and solid standing with New England communities builds trust with the diverse stakeholders needed to advance projects with economic and environmental benefits. Our 12-member Board (a substantial number of whom are drawn from CLF Trustees) reflects a cross-section of the environmental and business community.


Impact Statement

CLF Ventures has advanced a variety of different project areas during 2012. CLF Ventures and CLF (and City Growers) released a report, “Growing Green” (http://bit.ly/UywD2Y),which details the economic development potential for urban agriculture in Greater Boston. In New Hampshire, CLF Ventures was the lead consultant on a two-and-a-half year, $2 million ARRA grant administered by the NH Office of Energy and Planning, providing energy efficiency technical assistance to the 234 cities and towns and 10 counties in the state. We also continue to be involved in renewable wind energy development in Massachusetts, in partnership with the MA Clean Energy Center, to provide resources, including a Wind Siting Guide (http://bit.ly/HjQIH2) to local community members who are interested in wind energy developments. And we have made progress on our Healthy Neighborhoods Equity Fund, working to attract new sources of private equity to support moderately priced and market-rate housing, local job creation, and healthy, walkable, mixed-use neighborhoods.

 

This year, we will work towards some new goals advancing market efforts toward sustainability. We will develop a variety of resources in support of sustainable local food systems by, among other efforts, providing technical and regulatory assistance to food hub operators and/or agricultural vendors on regulatory and business issues in partnership with the Wholesome Wave Foundation.  For fisheries work, we will continue to pursue the feasibility of structuring a triple-bottom-line investment fund, meeting the needs of mission-oriented investors and accelerating the transitional ownership of permits/quota by community fishermen across the New England region.CLF Ventures has been awarded multi-year contract by MassDOT to work with New England insurer Plymouth Rock Assurance and MIT Professor Joseph Ferreira, Jr. to study how linking auto insurance premiums directly to the number of miles driven influences participants’ driving behavior. 

Needs Statement

Since the economic downturn, our main challenge has been developing larger and replicable projects such that our work is now characterized by smaller grants and projects with a shorter term focus, meaning we spend too much time and effort on new business development, proposal writing and project management. We have reduced staff, relying on volunteers and interns, eating up management time. We have been engaged in unfunded market analysis to streamline our new business efforts but mainly focus on near term efforts to meet annual revenue targets, rather than on longer term strategic development. We require assistance to support a transition to larger and more reliable sources of revenue.

We also need assistance to improve our visibility and reputation. We lack capacity to keep our new website up to date, write blog posts, or develop the marketing and communication materials to attract the larger projects we seek. A capacity building grant of $50,000 would allow us to have dedicated staff to handle marketing, and to free up some of the senior management staff to spend more time interacting and networking to build new relationships. 

 


CEO Statement

CLF Ventures bridges the public and private sectors to advance triple-bottom-line innovations – projects with environmental, social, and economic benefits. Our affiliation with CLF and unique blend of skills helps our collaborators to overcome barriers and advance their projects using market-based solutions. Different from CLF, CLF Ventures does not engage in advocacy or seek policy solutions. Our focus is on creating a more sustainable economic operating base in New England and beyond. We work to achieve outcomes that the public or private sector is unlikely to accomplish individually.


Board Chair Statement

--

Geographic Area Served

NORTHEAST REGION, MA

CLF Ventures works at the local and state levels, on issues of scale for the region and beyond. 

Organization Categories

  1. Environment - Management & Technical Assistance
  2. Environment - Energy Resources Conservation & Development
  3. Community Improvement, Capacity Building -

Independent research has been conducted on this organization's theory of change or on the effectiveness of this organization's program(s)

No

Programs

CLF Ventures

As the non-profit strategy consulting arm of CLF, CLF Ventures’ work focuses on market solutions that advance CLF’s mission to protect New England’s environment for the benefit of all people. CLF Ventures works with businesses and other organizations on efforts that may help them limit their environmental impacts, operate more sustainably, and advance ideas, products, and services that benefit the environment, society, and their bottom line. CLF Ventures’ work demonstrates that incorporating economic and market-based goals into environmental efforts can advance environmental improvements and build relationships.

 

Our work encompasses three legs of a structural stool: 1)consultingwith municipalities, private, and public organization on projects that advance economic and environmental goals; 2)incubationof businesses and organizations with potential to change market structure; 3)funds– sponsoring funds that advance CLF’s goals though investments that advance sustainable efforts.

 
Budget  $492,201.00
Category  Environment, General/Other
Population Served General/Unspecified
Program Short-Term Success 

We aim to achieve success in the short term in each of our ongoing projects. For example, CLF Ventures’ primary measure of success for the sustainable and urban agriculture work is to see the development of more localized food systems in the region. In addition, through the municipal energy efficiency efforts in New Hampshire, we aim to help the state continue to pursue its objectives of continuing to reduce energy use and costs in the state; even after stimulus funding has ended. Our renewable energy work seeks to build climate resilient infrastructure. On transit-oriented development we will aim to attract new sources of private equity to support affordable and moderately priced housing, local job creation, and healthy, walkable, mixed-use neighborhoods in a variety of settings. On the fisheries fund we will work to create a feasible option for using private equity as a tool in accelerating ownership of quota by community fishermen and ensure that the quota is fished sustainably.

Program Long-Term Success 

CLF Ventures works with corporate, government, and non-profit clients to implement projects that have demonstrable environmental gain and economic advantage. Our clients may seek help navigating the siting of new facilities, gaining market access for new technologies, or otherwise changing the way they do business. We develop replicable models that demonstrate that economic gains and environmental benefits are not mutually exclusive, and we seek out partners who agree with that thinking. That aligned interest takes us beyond compliance to innovation, and our ability to demonstrate success will motivate others to be more sustainable in their operations.

 

Desired outcomes and demonstrated long-term success of CLF Ventures’ approach include: identification and reduction of project risks; improved relationships with key stakeholders; reduction of project costs and increased efficiency; more progress with “green markets”; and enhanced and environmentally leveraged asset value.
Program Success Monitored By 

We have meetings with our clients and partners on an ongoing basis as needed to ensure that the project is progressing as intended and is on time and on budget. We report progress and costs regularly (by month, quarter, or annum).

Examples of Program Success 

In collaboration, we releasedGrowing Green: Measuring Benefits, Overcoming Barriers, and Nurturing Opportunities for Urban Agriculture in Boston, a report that for the first time, detailed the economic development potential for urban agriculture in Greater Boston.

 

Through our Energy Technical Assistance and Planning for New Hampshire communities program, we assisted over 140 communities, conducted energy efficiency assessments on over 300 municipal buildings and facilities and identified over $10 million in potential EE projects.
 

Worked with the MA Clean Energy Center and Mass Municipal Association to develop a webinar series focusing on clean energy and energy efficiency for over 50 representatives of cities and towns in MA, based on our Wind Siting Guide.

 

Massachusetts Housing Investment Corporation has agreed to be our Fund Manager for the Healthy Neighborhoods Equity Fund and we presented at an MAPC-sponsored summit on TOD where the Fund concept garnered support and enthusiasm.

CEO/Executive Director/Board Comments

--

Management


CEO/Executive Director --
CEO Term Start --
CEO Email [email protected]
CEO Experience


Co-CEO --
Co-CEO Term Start --
Co-CEO Email --
Co-CEO Experience --

Former CEOs and Terms

Name Start End
Mr. William C Coleman -- Oct 2010
Ms. Jo Anne Shatkin -- --

Senior Staff

Name Title Experience/Biography
-- -- --

Awards

Award Awarding Organization Year
-- -- --

Affiliations

Affiliation Year
-- --
Member of state association of nonprofits? Yes
Name of state association --

External Assessments and Accreditations

External Assessment or Accreditation Year
-- --

Collaborations

As noted in other sections of this profile, CLF Ventures engages in collaborative partnerships with a number of other groups and organizations on many of our projects. Some of these include Wholesome Wave Foundation, City Growers, the Metropolitan Area Planning Council, and the Metro Boston Consortium for Sustainable Communities – all on the sustainable agriculture initiatives. On other projects, CLF Ventures works withLocal Initiatives Support Corporation, the Massachusetts Housing Investment Corporation, theExecutive Office of Housing and Economic Development(on TOD); and the Cape Cod Commercial Hook Fishermen and a host of other groups on the Fisheries Fund.

CEO/Executive Director/Board Comments

--

Foundation Comments

--

Staff Information

Number of Full Time Staff 4
Number of Part Time Staff 0
Number of Volunteers 0
Number of Contract Staff 0
Staff Retention Rate % 100%

Staff Demographics

Ethnicity African American/Black: 0
Asian American/Pacific Islander: 0
Caucasian: 0
Hispanic/Latino: 0
Native American/American Indian: 0
Other: 4
Other (if specified): --
Gender Female: 0
Male: 0
Not Specified 4

Plans & Policies

Organization has Fundraising Plan? No
Organization has Strategic Plan? No
Years Strategic Plan Considers --
Management Succession Plan No
Business Continuity of Operations Plan Yes
Organization Policies And Procedures Yes
Nondiscrimination Policy Yes
Whistle Blower Policy No
Document Destruction Policy No
Directors and Officers Insurance Policy Yes
State Charitable Solicitations Permit Yes
State Registration --

Risk Management Provisions

--

Reporting and Evaluations

Management Reports to Board? Yes
CEO Formal Evaluation and Frequency Yes Annually
Senior Management Formal Evaluation and Frequency Yes Annually
Non Management Formal Evaluation and Frequency Yes Annually

Governance


Board Chair Mr. Gene Clapp
Board Chair Company Affiliation Penobscot Investment Management Co., Inc.
Board Chair Term Jan 2013 -
Board Co-Chair --
Board Co-Chair Company Affiliation --
Board Co-Chair Term -

Board Members

Name Company Affiliations Status
Mr. Eugene Bernat Community Volunteer Voting
Mr Eugene H. Clapp Penobscot Investment Management Co., Inc. Voting
Mr. William C Coleman CLF Ventures, Inc. Voting
Mr. John (Jack) B. French Esq. Retired Voting
Ms. Paula Gold Esq. Plymouth Rock Assurance Corporation Voting
Mr. Gordon Hall III Retired Voting
Ms. Jacquie L. Kay President, WPI, Inc. Voting
Mr. Sean Mahoney Conservation Law Foundation Voting
Ms. Sara Molyneaux CLF Board Chairman Voting
Mr. Michael B. Moskow Michael B. Moskow and Company Voting
Mr. Peter Nessen Retired Voting
Mr. John M Teal PhD Retired Voting

Constituent Board Members

Name Company Affiliations Status
-- -- --

Youth Board Members

Name Company Affiliations Status
-- -- --

Advisory Board Members

Name Company Affiliations Status
-- -- --

Board Demographics

Ethnicity African American/Black: 1
Asian American/Pacific Islander: 1
Caucasian: 10
Hispanic/Latino: 0
Native American/American Indian: 0
Other: 0
Other (if specified): --
Gender Female: 3
Male: 9
Not Specified 0

Board Information

Board Term Lengths 1
Board Term Limits 0
Board Meeting Attendance % 80%
Written Board Selection Criteria Yes
Written Conflict Of Interest Policy Yes
Percentage of Monetary Contributions 67%
Percentage of In-Kind Contributions 14%
Constituency Includes Client Representation Yes

Standing Committees

  • Marketing

CEO/Executive Director/Board Comments

--

Foundation Comments

--

Financials


Revenue vs. Expense ($000s)

Expense Breakdown 2015 (%)

Expense Breakdown 2014 (%)

Expense Breakdown 2013 (%)

Prior Three Years Total Revenue and Expense Totals

Fiscal Year 2015 2014 2013
Total Revenue $1,672,122 $407,086 $561,651
Total Expenses $1,269,460 $512,693 $700,706

Prior Three Years Revenue Sources

Fiscal Year 2015 2014 2013
Foundation and
Corporation Contributions
-- -- --
Government Contributions $1,075,549 $313,118 $243,609
    Federal -- -- --
    State -- -- --
    Local -- -- --
    Unspecified $1,075,549 $313,118 $243,609
Individual Contributions $577,277 $33,718 $132,698
Indirect Public Support -- -- --
Earned Revenue $19,296 $60,250 $185,344
Investment Income, Net of Losses -- -- --
Membership Dues -- -- --
Special Events -- -- --
Revenue In-Kind -- -- --
Other -- -- --

Prior Three Years Expense Allocations

Fiscal Year 2015 2014 2013
Program Expense $1,162,116 $387,397 $317,487
Administration Expense $107,344 $125,296 $383,219
Fundraising Expense -- -- --
Payments to Affiliates -- -- --
Total Revenue/Total Expenses 1.32 0.79 0.80
Program Expense/Total Expenses 92% 76% 45%
Fundraising Expense/Contributed Revenue 0% 0% 0%

Prior Three Years Assets and Liabilities

Fiscal Year 2015 2014 2013
Total Assets $1,195,516 $358,449 $556,319
Current Assets $1,195,516 $358,449 $556,319
Long-Term Liabilities $0 $0 $0
Current Liabilities $1,591,179 $1,156,775 $1,249,037
Total Net Assets $-395,663 $-798,326 $-692,718

Prior Three Years Top Three Funding Sources

Fiscal Year 2015 2014 2013
1st (Source and Amount) -- --
-- --
-- --
2nd (Source and Amount) -- --
-- --
-- --
3rd (Source and Amount) -- --
-- --
-- --

Financial Planning

Endowment Value --
Spending Policy N/A
Percentage(If selected) --
Credit Line No
Reserve Fund No
How many months does reserve cover? --

Capital Campaign

Are you currently in a Capital Campaign? Anticipated In 3 Years
Capital Campaign Purpose CLF Ventures’ parent company, CLF, is planning this.
Campaign Goal --
Capital Campaign Dates -
Capital Campaign Raised-to-Date Amount --
Capital Campaign Anticipated in Next 5 Years? --

Short Term Solvency

Fiscal Year 2015 2014 2013
Current Ratio: Current Assets/Current Liabilities 0.75 0.31 0.45

Long Term Solvency

Fiscal Year 2015 2014 2013
Long-term Liabilities/Total Assets 0% 0% 0%

CEO/Executive Director/Board Comments

--

Foundation Comments

CLF Ventures is an affiliate of Conservation Law Foundation and as such is featured in Conservation Law Foundation's audited financials in the supplemental section.  The financial summary data in the charts and graphs above is per the Form 990s of CLF Ventures. Contributions from foundations and corporations are listed under individuals when the breakout was not available.

Documents


Other Documents

No Other Documents currently available.

Impact

The Impact tab is a section on the Giving Common added in October 2013; as such the majority of nonprofits have not yet had the chance to complete this voluntary section. The purpose of the Impact section is to ask five deceptively simple questions that require reflection and promote communication about what really matters – results. The goal is to encourage strategic thinking about how a nonprofit will achieve its goals. The following Impact questions are being completed by nonprofits slowly, thoughtfully and at the right time for their respective organizations to ensure the most accurate information possible.


1. What is your organization aiming to accomplish?

--

2. What are your strategies for making this happen?

--

3. What are your organization’s capabilities for doing this?

--

4. How will your organization know if you are making progress?

--

5. What have and haven’t you accomplished so far?

--