B Team Headquarters (The B Team)

The B Team Headquarters (The B Team) is a left-of-center advocacy organization that recruits businesses and other advocacy groups to adopt environmentalist practices. It also advocates that businesses involve themselves in addressing social issues, like the alleged threat of a rise in nationalism and job losses due to artificial intelligence developments. 1

At-A-Glance

Formation:

2013

CEO:

Leah Seligmann

Location: New York, NY View on map
Tax ID: 46-1860634
Most Recent Filing: 2024
Budget (2024): Assets: $2,357,219 Revenue: $3,601,499 Expenses: $3,567,586

Contents

    History

    B Team Headquarters was founded in 2013 by Virgin Group billionaire Richard Branson and Harley Davidson CEO Jochen Zeitz as a coalition of businesses and advocacy organizations across 470 cities in over 73 countries. Branson and Zeitz founded the coalition to campaign for businesses to prioritize environmentalism and left-of-center socio-political issues. 2

    In 2014, The B Team partnered with Global Witness to organize a project titled the Great Ripoff Map to document crimes committed by anonymously owned companies. 3 It subsequently launched its Beneficial Ownership Transparency Working Group initiative, which hosted monthly meetings to discuss policies that would restrict the ability of companies to be anonymously owned. The working group claimed that if companies do not have to publicly disclose their ownership, then criminals will use business entities to “shield corrupt activities.” 2 The Beneficial Ownership Transparency Working Group was organized in partnership with Natura, Unilever, Transparency International, Global Witness, Global Financial Integrity, and OpenCorporates. 4

    Also in 2014, The B Team co-founded the We Mean Business Coalition alongside BSR, CDP, Ceres, the Climate Group, the Prince of Wales Corporate Leaders Group, and the World Business Council for Sustainable Development. We Mean Business Coalition works with businesses and advocacy groups to develop strategies to eliminate carbon emissions to align with the environmentalist goal to limit global temperature rise to 1.5 degrees Celsius. 5 2

    Advocacy

    B Team Headquarters advocates for businesses to deprioritize profits in favor of environmentalist initiatives. It advocates for businesses to restructure their operations with the goal of reducing carbon emissions, and for charitable organizations and governments to develop technologies that remove atmospheric carbon. 6 Additionally, it advocates for businesses to adopt accounting principles that include social and environmental accomplishments as opposed to conventional profit and loss accounting practices. 2

    In 2018, The B Team presented its “Responsible Tax Principles” to the United Nations (UN) to encourage businesses to maximize the amount of taxes they pay because it claims the revenue can be used to fund social and environmental causes. It publishes a list of principles that include requirements for businesses to create a board-approved tax strategy to ensure compliance with all applicable tax laws while agreeing to not engage in activities “whose sole purpose is to create a tax benefit which is in excess of a reasonable interpretation of relevant tax rules,” or to engage in activities that would lower their tax liabilities, such as choosing to operate in jurisdictions with lower tax rates. 7

    In May 2025, The B Team reported 28 companies “formally” had adopted its Responsible Tax Principles and claim that “many” other companies were partially adopting them. It provides participating companies with a self-assessment method to determine compliance across 37 “principles” that are based on a company’s commitment to refusing to minimize its tax liability. 8

    Funding

    The B Team Headquarters reported receiving funding from Andre Hoffman, Allianz, Emmanuel Faber, the Ford Foundation, the Ingka Group, the Laudes Foundation, Novonesis, Salesforce, and Virgin Unite. 9

    In May 2024, the Ford Foundation announced that it awarded The B Team a $3 million, five-year grant. 10

    Leadership

    Leah Seligmann is the CEO and chief change catalyst for B Team Headquarters. She previously worked as chief sustainability officer for NRG Energy and as a consultant for Blu Skye Consulting. 11

    Financials

    In 2024, The B Team Headquarters reported $3.6 million in total revenue and $3.5 million in total expenses, including $1.3 million in salaries and compensation of employees. 12

    Financial Statistics

    Total Assets

    Total Revenue

    Total Expenses

    YearTotal AssetsTotal RevenueTotal ExpensesFiling
    2024 $2,357,219 $3,601,499 $3,567,586 View
    2023 $2,360,725 $3,566,107 $3,925,395 View
    2022 $3,072,369 $4,215,060 $4,040,085 View
    2021 $2,921,981 $4,389,629 $3,855,832 View
    2020 $2,214,798 $3,996,753 $3,476,001

    Prior year filings: 2019, 2018, 2017, 2016, 2015, 2014, 2013

    Revenue Detail

    Expenses Detail

    Employee Compensation

    • Number of Employees: 7

    Highest Earning Employees

    EmployeeTitleTotal Compensation
    Halla TomasdottirCHIEF EXECUTIVE OFFICER (UNTIL 6/24)$345,170
    Leah SeligmannCHIEF EXECUTIVE OFFICER (FROM 10/24)$323,411
    Esha MuftiHEAD OF STRATEGY$159,438
    Chris MoffoHEAD OF MESSAGING STRATEGY$156,450
    Charlotte BursonHEAD OF DEVELOPMENT$121,267

    Grant Activity

    All-time grants received statistics from Candid dataset:

    • Total Grant Value: $23,290,028
    • Number of Grants: 89
    • Number of Funders: 26

    Selection of highest value grants received from the last seven years:

    AmountYearFunderSubject
    $3,015,0002024 The Ford FoundationGeneral support to catalyze a movement of business leaders to redefine the role of business in society as a driving force for social, human rights, environmental and economic advancements and core support for institutional strengthening
    $869,1672020 New Venture FundINTERNATIONAL DEVELOPMENT AND FOREIGN AFFAIRS
    $596,0002022 We Mean Business Coalition IncGRANT TO SUPPORT CLIMATE CHANGE PROJECT
    $521,0002021 We Mean Business Coalition IncCLIMATE CHANGE
    $500,0002020 The Ford FoundationCore support to build corporate voices for the protection and promotion of civic space
    $475,0002023 We Mean Business Coalition IncGRANT FOR PROJECT SUPPORT
    $400,0002023 The Ford FoundationCore support for the Business for the Civic Space to drive corporate learning, shift norms and practices and promote actions and movements for the protection of civic space
    $325,0002020 Luminate Foundation IncProgram support for Governance & Transparency programme.
    $300,0002024 We Mean Business Coalition IncGRANT FOR PROJECT SUPPORT
    $300,0002022 The William and Flora Hewlett FoundationFOR A PROGRAM TO DRIVE BUSINESS COMMITMENT, ACTION, AND ACCOUNTABILITY ON TRANSPARENCY ISSUES
    $300,0002021 The William and Flora Hewlett FoundationFOR A PROGRAM TO DRIVE BUSINESS COMMITMENT, ACTION, AND ACCOUNTABILITY ON TRANSPARENCY ISSUES
    $250,0002023 The William and Flora Hewlett FoundationFOR A PROGRAM TO ACTIVATE BUSINESS LEADERSHIP TOWARD A MORE JUST AND INCLUSIVE ECONOMY
    $250,0002022 The William and Flora Hewlett FoundationFOR A PROGRAM TO ACTIVATE BUSINESS LEADERSHIP TOWARD A MORE JUST AND INCLUSIVE ECONOMY
    $250,0002021 Luminate Foundation IncProgram support for Governance & Transparency programme.
    $237,4172023 Luminate Foundation IncTo support transparency and accountability work, "Right the Rules", campaign.
    $200,0002022 Luminate Foundation IncTo support Grantee's Governance & Transparency program.
    $200,0002020 The Ford FoundationGeneral support to catalyze a movement of business leaders to redefine the role of business in society as a driving force for social, human rights, environmental and economic advancements
    $167,0002021 Mastercard Impact FundCAPACITY BUILDING
    $167,0002020 Mastercard Impact FundCAPACITY BUILDING
    $166,6662022 Virgin Unite USA IncOPERATING SUPPORT
    $166,0002022 Mastercard Impact FundDISCRETIONARY
    $160,0002023 Foundation to Promote Open Societyto provide general support
    $155,5022021 JUST Capital Foundation, Inc.IMPERATIVE 21 WORK
    $150,0002021 Foundation to Promote Open Societyto provide general support
    $84,0002020 United Nations FoundationWMN & POP

    All-time grants given statistics from Candid dataset:

    • Total Grant Value: $1,497,044
    • Number of Grants: 3
    • Number of Recipients: 3

    References

    1. “The B Team Strategy 2028.” The B Team. Accessed October 5, 2025. https://the-bteam.files.svdcdn.com/production/assets/reports/The-B-Team-Strategy-2028-Report-web.pdf?dm=1757076874.
    2. “History.” The B Team. Accessed October 4, 2025. https://www.bteam.org/who-we-are/our-history.
    3. Scripture, Natasha. “Charmian Gooch unveils the Great Ripoff Map, showing the impact of corruption.” TEDBlog. October 8, 2014. https://blog.ted.com/charmian-gooch-unveils-the-great-ripoff-map-showing-the-impact-of-corruption/.
    4. “Business Works Alongside Civil Society To End Anonymous Companies.” B Team Headquarters. September 15, 2014. https://www.bteam.org/our-thinking/news/b-team-creates-working-group-beneficial-ownership-transparency.
    5. “We are a global nonprofit Coalition working with the world’s most influential businesses to take action on climate change.” We Mean Business Coalition. Accessed October 4, 2025. https://www.wemeanbusinesscoalition.org/about/.
    6. Branson, Richard. “Sir Richard Branson: Championing the Green Economy.” The Ecologist. July 10, 2013. https://theecologist.org/2013/jul/10/sir-richard-branson-championing-green-economy. 
    7. “A New Bar for Responsible Tax.” The B Team. 2018. https://the-bteam.files.svdcdn.com/production/assets/reports/A-New-Bar-for-Responsible-Tax.pdf?dm=1572897439.
    8. “THE B TEAM RESPONSIBLE TAX PRINCIPLES: ACCOUNTABILITY AND IMPACT REPORT.” The B Team. May 2025. https://the-bteam.files.svdcdn.com/production/assets/reports/The-B-Team-Responsible-Tax-Principles-Accountability-impact-report-May2025-FINAL.pdf?dm=1746105533.
    9. “Supporters.” The B Team. Accessed October 4, 2025. https://www.bteam.org/who-we-are/supporters.
    10. “General support to catalyze a movement of business leaders to redefine the role of business in society as a driving force for social, human rights, environmental and economic advancements and core support for institutional strengthening.” Ford Foundation. Accessed October 2, 2025. https://www.fordfoundation.org/work/our-grants/awarded-grants/grants-database/the-b-team-headquarters-inc-149182/.
    11. “Leah Seligmann.” The B Team. Accessed October 5, 2025. https://www.bteam.org/who-we-are/staff-and-experts/leah-seligmann. 
    12. Return of Organization Exempt from Income Tax (Form 990). B Team Headquarters Inc. 2024. Part I, Lines 12-18.