CLOSED LOOP FOUNDATION INC
227 CENTRAL PARK WEST 6A, NEW YORK, NY 10024

Total Revenue
$350,000
Total Expenses
$158,560
Net Assets
$322,491

Organizations Filed Purposes: CLOSED LOOP FOUNDATION SUPPORTS RESEARCH AND DEVELOPMENT OF TECHNOLOGIES AND BUSINESS MODELS FOCUSED ON BUILDING THE CIRCULAR ECONOMY.

The Closed Loop Foundation (CL Foundation) is an independent 501(c)(3) supported by Closed Loop Partners that is building an investment strategy to advance recycling infrastructure in Puerto Rico. The initial effort, with a project period of September 2018 to July 2019, is co-funded by the Coca-Cola Foundation and consists of two stages: (i) Mapping the relevant recyclable materials, stakeholders, and recycling opportunities in Puerto Rico, and (ii) Identifying and selecting one to two pilot projects that will demonstrate the recycling investment opportunity. CL Foundation plans to expand this initial effort in ambition and scope to create additional recycling investment opportunities and demonstration projects in the region with additional partners and in 2019 and beyond.

Closed Loop Foundation and The Center for the Circular Economy envisions a future where post-use plastics are reused or transformed into valuable building blocks for new materials. To address the barriers to scaling advanced recycling in North America, we have launched an 11-month project to publish an advanced recycling Investor and Partnerships Roadmap by December 2020.

Executives Listed on Filing

Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing

NameTitleHours Per WeekTotal Salary
Bridget CrokeSecretary20$25,000
Erik AvniTreasurer1$0
Paul MachtDirector1$0
Kyle WestawayDirector1$0
Ron GonenExecutive Dir.1$0

Data for this page was sourced from XML published by IRS (public 990 form dataset) from: https://s3.amazonaws.com/irs-form-990/202043209349300739_public.xml