Ceres Inc
Ceres is a nonprofit advocacy organization working to accelerate the transition to a cleaner, more just, and resilient world. Through education and research, we make the business case for action on the most pressing sustainability challenges facing our economy today: climate change, water scarcity and pollution, and nature and biodiversity loss. With data-driven research and expert analysis, we inspire investors and companies to act on these global challenges and advocate for market and policy solutions.
Ceres Inc at a glance
In short: Ceres Inc gave $453K across 3 grants in 2025 (avg $151K), mostly in New York. Source: 2025 IRS Form 990.
- Annual giving (2025)
- $452,707
- -16.2% vs 2024
- Grants made (2025)
- 3
- -25.0% vs 2024
- Average grant
- $150,902
- +11.7% vs 2024
- Median grant
- $73,333
- Total assets
- $35,146,407
- -10.0% vs 2024
- Primary geography
- New York (82% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990, 2025 View filing
Data from IRS Form 990, 2025; updated September 2026.
Who Ceres Inc funds
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2025
The largest 2025 recipient was CDP North America Inc ($370K). Together the top 3 received $453K.
Grant Size Distribution
24 grants across all recorded years
The most common grant size was under $50K: 11 grants of 24 (46%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 3 itemized grants.
Cities
How Ceres Inc gives
- Giving held roughly steady from 2022 to 2025 (+12%). Method
From the foundation's IRS Form 990 filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2025, annual grant giving ranged from $346K (2020) to $549K (2023). In 2025 it made 3 grants totaling $453K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| CDP North America Inc New York, NY | To support investor net zero commitments, implementation, and accountability and to support investors worldwide who advocate for the policies needed to enable the net zero transition. | $370,277 |
| Forest Trends Association Washington, DC | To research corporate practices and benchmark progress in relation to company deforestation commitments and generate content for investors and companies regarding natural climate solutions. | $73,333 |
| Meridian Institute Dillon, CO | To research corporate practices and benchmark progress in relation to company deforestation commitments and generate content for investors and companies regarding natural climate solutions. | $9,097 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2025 | $35,146,407 | $33,590,429 | $37,765,068 | $452,707 | 3 | $677,099 |
| 2024 | $39,036,636 | $40,920,450 | $44,254,220 | $540,485 | 4 | $283,830 |
| 2023 | $43,309,140 | $43,487,488 | $41,602,787 | $548,713 | 6 | $308,027 |
| 2022 | $41,047,029 | $31,657,448 | $36,447,020 | $403,884 | 5 | $73,380 |
| 2021 | $45,325,366 | $44,457,965 | $26,847,267 | $423,662 | 6 | $138,519 |
| 2020 | $29,352,442 | $24,614,571 | $21,716,189 | $345,706 | 6 | $133,774 |
About Ceres Inc
Based on IRS filings
Ceres Inc is a public charity focused on Environment & Animals, based in Boston, MA. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $35.1M in total assets. In 2025, it awarded 3 grants totaling $453K. Net investment income was $677K.
Focus Areas
Leadership & Key People
Officers and directors from IRS filings
Ceres Inc is led by Mindy Lubber, CEO & President since 2021 (on filings since 2020); 12 of 38 officers listed in 2025 are compensated.
Officers on the 2025 filing
Mindy Lubber
CEO & President
President → CEO & President, 2021
On filings since 2020
40 hrs/week
$258K (2020) → $333K (2025)
Christopher Smith Sr.
Program Director & Strategic Partnerships
New on the 2025 filing
40 hrs/week
$182K (2025)
Cynthia McHale
Senior Director Investor Engagement
New on the 2025 filing
40 hrs/week
$181K (2025)
Anne Simpson
Director
On filings since 2020
5 hrs/week
No compensation reported
Bertrand Millot
Director
On filings since 2020
5 hrs/week
No compensation reported
Betty Yee
Treasurer & Director
Director → Treasurer, 2023
Treasurer → Treasurer & Director, 2025
On filings since 2020
5 hrs/week
No compensation reported
Bill Davis
Director
On filings since 2020
5 hrs/week
No compensation reported
Ion Yadigaroglu
Director
On filings since 2020
5 hrs/week
No compensation reported
Michael Frerichs
Director
On filings since 2020
5 hrs/week
No compensation reported
Thomas Dinapoli
Director
On filings since 2020
5 hrs/week
No compensation reported
Veronica Eady
Director
On filings since 2020
5 hrs/week
No compensation reported
Vien Truong
Director
On filings since 2020
5 hrs/week
No compensation reported
Brad Lander
Director
On filings since 2022
5 hrs/week
No compensation reported
Marcie Frost
Director
On filings since 2022
5 hrs/week
No compensation reported
Chris Goolgasian
Director
On filings since 2023
5 hrs/week
No compensation reported
Jacqueline Patterson
Director
On filings since 2023
5 hrs/week
No compensation reported
Loren Blackford
Director
On filings since 2023
5 hrs/week
No compensation reported
Ralph Izzo
Director
On filings since 2023
5 hrs/week
No compensation reported
Robert Litterman
Director
On filings since 2023
5 hrs/week
No compensation reported
Aniket Shah
Director
New on the 2025 filing
5 hrs/week
No compensation reported
Bob Inglis
Director
New on the 2025 filing
5 hrs/week
No compensation reported
Dave Young
Director
New on the 2025 filing
5 hrs/week
No compensation reported
Gail Greenwald
Director
New on the 2025 filing
5 hrs/week
No compensation reported
Rose McKinney-James
Director
New on the 2025 filing
5 hrs/week
No compensation reported
Anne Kelly
Vice President & Government Relations
On filings since 2020
40 hrs/week
$148K (2020) → $229K (2025)
David Ziv-Kreger
Vice President & Institutional Development
Senior Director & Foundation Development → Vice President & Foundation Development, 2021
Vice President & Foundation Development → Vice President & Institutional Development, 2025
On filings since 2020
40 hrs/week
$157K (2020) → $225K (2025)
Kirsten Spalding
Vice President & Investor Network
Senior Program Director & Investor Program → Senior Program Director & Investor Network, 2021
Senior Program Director & Investor Network → Vice President & Investor Network, 2022
On filings since 2020
40 hrs/week
$144K (2020) → $217K (2025)
Susan Boyer
Chief Financial & Administrator Officer
Secretary, Chief Finance & Adm. Officer → Chief Finan. & Administrator Officer, 2023
Chief Finan. & Administrator Officer → Chief Financial & Administrator Officer, 2025
On filings since 2020
40 hrs/week
$160K (2020) → $273K (2025)
Susan Sayers
Chief Development Officer
On filings since 2020
40 hrs/week
$220K (2020) → $309K (2025)
Steven Rothstein
Chief Program Officer
Managing Director → Chief Program Officer, 2025
On filings since 2021
40 hrs/week
$187K (2021) → $253K (2025)
Donna Daniels
Chief People & Culture Officer
Chief People & Diversity Officer → Chief People & Culture Officer, 2025
On filings since 2023
40 hrs/week
$25K (2023) → $234K (2025)
Michael Boudett
General Counsel
On filings since 2023
40 hrs/week
$198K (2024) → $229K (2025)
Sarah Sciammacco
Vice President, Marketing & Communications
New on the 2025 filing
40 hrs/week
$206K (2025)
Alicia Seiger
Secretary
Director → Secretary, 2023
On filings since 2020
5 hrs/week
No compensation reported
Janet Ranganathan
Co-Chair
Vice Chair → Co-Chair, 2024
On filings since 2020
5 hrs/week
No compensation reported
Tony Davis
Co-Chair
Director → Co-Chair, 2024
On filings since 2020
5 hrs/week
No compensation reported
Kirsty Jenkinson
Secretary
Director → Secretary, 2025
On filings since 2022
5 hrs/week
No compensation reported
Debbie Simpson
Treasurer
Director → Treasurer, 2025
On filings since 2023
5 hrs/week
No compensation reported
Former officers (22)
- Former: Dawn Martin (2020–2025) — Fmr Executive Vice President & Chief Program Officer · Filing note: Until aug 2024
- Former: Barney Schauble (2020–2024) — Chair
- Former: Georges Benjamin (2020–2024) — Director
- Former: Michel Gelobter (2020–2024) — Director
- Former: Peter Rosenblum (2020–2024) — Director
- Former: Leslie Cordes (2024) — Vice President & Programs
- Former: Alisa Gravitz (2020–2023) — Treasurer
- Former: Tedd Saunders (2020–2023) — Director
- Former: Brooke Barton (2022–2023) — Vice President, Innovation & Evaluation
- Former: Bob Litterman (2020–2022) — Director
- Former: Dominique Nils Conseil (2020–2022) — Director
- Former: Douglas Husid (2020–2022) — Secretary
- Former: Jack Ehnes (2020–2022) — Director
- Former: Rebecca Henderson (2020–2022) — Director
- Former: Scott Stringer (2020–2022) — Director
- Former: Jacqui Patterson (2022) — Director
- Former: Adele Simmons (2020–2021) — Director
- Former: Gina McCarthy (2020–2021) — Director
- Former: Hilary Forbes (2020–2021) — Senior Dpt. Dr., Hr & Operations
- Former: Kim Thomassin (2020–2021) — Director
- Former: Damon Silvers (2020) — Director · Filing note: Until sep 2020
- Former: Susan Reid (2020) — Vice President, Climate & Energy
Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2025 IRS filing
The highest reported compensation on the 2025 filing was $333K, to Mindy Lubber (CEO and President). 13 officers or directors reported compensation on that filing.
Frequently asked questions about Ceres Inc
How much does Ceres Inc give each year?
Ceres Inc gave $453K across 3 grants in 2025, according to its 2025 IRS Form 990. In 2024 it gave $540K across 4 grants.
What is Ceres Inc's typical grant size?
Ceres Inc's median grant in 2025 was $73,333, and its average grant was $150,902, across 3 grants on its 2025 IRS Form 990.
Where does Ceres Inc give grants?
Ceres Inc gives mostly in New York: 82% of the grant dollars itemized on its 2025 IRS Form 990 went to recipients there. The next largest state was District of Columbia (16%).
Does Ceres Inc give general operating support?
Not in 2025: none of the 3 grants with a stated purpose on Ceres Inc's 2025 IRS Form 990 were described as general or operating support.
How large is Ceres Inc?
Ceres Inc reported $35.1M in total assets on its 2025 IRS Form 990. Its revenue that year was $33.6M.
What is Ceres Inc?
Ceres Inc is a public charity focused on Environment & Animals, based in Boston, MA. It holds $35.1M in total assets as of 2025.
What is Ceres Inc's EIN?
Ceres Inc's EIN (Employer Identification Number) is 22-3053747. IRS Form 990 filing data is available on this page for 2020–2025.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(7)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2020 (received by the IRS August 31, 2021)
- Updated Form 990 for fiscal year 2021 (received by the IRS September 9, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS August 29, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS August 30, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS August 27, 2025)
- Added Form 990 for fiscal year 2025 (received by the IRS August 25, 2026)
- IRS filings on file for fiscal years 2020–2024
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Browse active grant opportunities in Ceres Inc's focus areas in our free grants database
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