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May
Fundraising at the Nature Conservancy (2020)
The Nature Conservancy raised $1.1 billion (including $822 million in contributions of which $168 were non-cash contributions, $162 million in fees and sales, $16 million in investment income and gains, and $124 million in government grants) and spent $897 million (not including depreciation) in the year ending June 30, 2020. With nearly $7.1 billion in net fund assets – most of which is unrestricted – the Nature Conservancy has successfully raised a lot of revenue and retained a significant portion.
The IRS Form 990 (2019) reflecting the year beginning July 1, 2019 and ending June 30, 2020 indicates the Nature Conservancy spent $91 million (or roughly 8% of revenue) on fundraising expenses: Read more 
Paddock Post 