2021 Annual Report — Rainforest Trust | Page 22

Financial Report

We are Growing
2021 represented a year of strong financial growth for Rainforest Trust , with over $ 70M in contributions received . This extraordinary year includes $ 50M in contributions for current projects / funds , and a $ 20M grant to support our work over the next four years . This level of generosity from our donors enabled us to approve a record-breaking $ 47M in new projects , the single greatest driver of our impact , to be implemented with our network of international conservation partner organizations .
Conservation Projects Approved
$ 29M
$ 26M
$ 27M
$ 21M
2017
2018
2019
2020
2021
$ 47M
We are Growing Efficiently
While we are growing , we remain committed to efficiency as a core value , focusing our spending on project development / management and minimizing spending on overhead . We do this by growing partner support through grantmaking , streamlining our internal processes , and leveraging the talents of our teams .
Two key metrics demonstrate our success in this effort :

94 %

Program Expense Percentage *
*
The percentage of total expenses that support our programs versus overhead .

$ 0.02

Fundraising Efficiency *
*
Our average cost to fundraise each dollar .
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22 Rainforest Trust 2021 Annual Report