Climate Imperative Foundation
- Assets
- $130.2m
- Revenue
- $221.5m
- Investments
- $0.0
- Employees
- 0
- Location
- San Francisco, CA
- Founding
- Data as of
- 12/2021
- EIN
- 84-5024713
Organization Overview
Climate Imperative Foundation is located in San Francisco, CA. According to its NTEE Classification (C12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Environment and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Climate Imperative Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Climate Imperative Foundation generated $221.5m in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 63.6% each year . All expenses for the organization totaled $109.7m during the year ending 12/2021. While expenses have increased by 27.5% per year over the past 2 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Climate Imperative Foundation has awarded 169 individual grants totaling $172,863,788. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO CUT GLOBAL CARBON EMISSIONS AT SPEED AND SCALE, AND SECURE A BETTER FUTURE FOR ALL.
Describe the Organization's Program Activity:
Part 3 - Line 4a
IN 2021, CLIMATE IMPERATIVE FOUNDATION GRANTED TO ORGANIZATIONS AND INSTITUTIONS THAT, THROUGH RESEARCH, EDUCATION, ANALYSIS, AND OUTREACH, ADVANCED LOW-CARBON POLICIES IN THE U.S. AND OTHER COUNTRIES. ACCOMPLISHMENTS INCLUDED (BUT WERE NOT LIMITED TO) EDUCATING GOVERNMENT OFFICIALS ABOUT POLICY OPTIONS TO PROMOTE LOW-CARBON DEVELOPMENT; ADOPTION OF CLEAN VEHICLE STANDARDS, CLEAN POWER STANDARDS, AND ECONOMY-WIDE CARBON REDUCTION GOALS; DEVELOPMENT OF NEW LOW-CARBON POLICY IDEAS CUSTOMIZED FOR LOCAL CONTEXTS; AND EDUCATING THE PUBLIC, STAKEHOLDERS, AND OFFICIALS ABOUT THE BENEFITS OF A TRANSITION TO CLEAN ENERGY.
IN 2021, CLIMATE IMPERATIVE FOUNDATION GRANTED TO ORGANIZATIONS AND INSTITUTIONS THAT, THROUGH RESEARCH, EDUCATION, ANALYSIS, AND OUTREACH, ADVANCED LOW-CARBON POLICIES IN THE U.S. AND OTHER COUNTRIES. ACCOMPLISHMENTS INCLUDED (BUT WERE NOT LIMITED TO) EDUCATING GOVERNMENT OFFICIALS ABOUT POLICY OPTIONS TO PROMOTE LOW-CARBON DEVELOPMENT; ADOPTION OF CLEAN VEHICLE STANDARDS, CLEAN POWER STANDARDS, AND ECONOMY-WIDE CARBON REDUCTION GOALS; DEVELOPMENT OF NEW LOW-CARBON POLICY IDEAS CUSTOMIZED FOR LOCAL CONTEXTS; AND EDUCATING THE PUBLIC, STAKEHOLDERS, AND OFFICIALS ABOUT THE BENEFITS OF A TRANSITION TO CLEAN ENERGY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Doerr Chair | OfficerTrustee | 1 | $0 |
Hal Harvey President | Officer | 32 | $0 |
Christina Fernandes Treasurer/secretary/cfo | Officer | 22.4 | $0 |
Anita Bekenstein Director | Trustee | 1 | $0 |
Ross Jensen Director Thru 03/21 | Trustee | 2 | $0 |
Sanjeev Krishnan Director As Of 12/21 | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $221,528,415 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $221,528,415 |
| Total Program Service Revenue | $0 |
| Investment income | $5,237 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $221,533,652 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $73,257,019 |
| Grants and other assistance to domestic individuals. | $100,000 |
| Grants and other assistance to Foreign Orgs/Individuals | $28,390,625 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $6,624,031 |
| Fees for services: Legal | $66,674 |
| Fees for services: Accounting | $25,200 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,250,000 |
| Advertising and promotion | $0 |
| Office expenses | $896 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $4,563 |
| All other expenses | $300 |
| Total functional expenses | $109,719,308 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $66,032,481 |
| Savings and temporary cash investments | $63,936,706 |
| Pledges and grants receivable | $250,000 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $130,219,187 |
| Accounts payable and accrued expenses | $1,986,710 |
| Grants payable | $1,153,625 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $3,140,335 |
| Net assets without donor restrictions | $127,078,852 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $130,219,187 |
Grants Awarded
Over the last fiscal year, Climate Imperative Foundation has awarded $146,514,038 in support to 132 organizations.
| Grant Recipient | Amount |
|---|---|
San Francisco, CA PURPOSE: DECARBONIZING CHINAS TRANSPORTATION SECTOR ZERO-EMISSIONS ROAD TRANSPORT IN CHINA | $23,327,000 |
San Francisco, CA PURPOSE: DECARBONIZING CHINAS TRANSPORTATION SECTOR ZERO-EMISSIONS ROAD TRANSPORT IN CHINA | $23,327,000 |
San Francisco, CA PURPOSE: U.S. STATES MULTI-STATE STRATEGY | $6,545,000 |
San Francisco, CA PURPOSE: U.S. STATES MULTI-STATE STRATEGY | $6,545,000 |
Oakland, CA PURPOSE: INITIATIVE TO BLOCK NEW MARKETS FOR OIL & GAS | $5,800,000 |
Oakland, CA PURPOSE: INITIATIVE TO BLOCK NEW MARKETS FOR OIL & GAS | $5,800,000 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that Climate Imperative Foundation has recieved totaling $82,190,923.
| Awarding Organization | Amount |
|---|---|
Waverley Street Foundation Palo Alto, CA PURPOSE: GENERAL CHARITABLE PURPOSE | $36,000,000 |
Silicon Valley Community Foundation Mountain View, CA PURPOSE: Environment | $20,000,000 |
Benificus Foundation San Carlos, CA PURPOSE: GENERAL PURPOSE | $16,190,923 |
Breakthrough Energy Foundation Kirkland, WA PURPOSE: Industrial Decarbonization | $10,000,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Climate Imperative Foundation San Francisco, CA | $130,219,187 | $221,533,652 |
Bay Area Delivery Drivers Security Fund Dublin, CA | $36,970,392 | $52,650,018 |
North Coast Trust Fund Alameda, CA | $33,095,236 | $31,328,979 |
Lower Columbia Estuary Partnership Portland, OR | $6,854,633 | $13,854,063 |
Rose Foundation For Communities And The Environment Oakland, CA | $13,720,278 | $9,215,891 |
Martis Fund Truckee, CA | $15,628,296 | $4,571,050 |
Swift Foundation Santa Barbara, CA | $66,818,197 | $1,459,109 |
Bay Area Industry Promotion Fund Oakland, CA | $19,424,290 | $5,651,706 |
Santa Monica Bay Foundation Playa Del Rey, CA | $2,169,499 | $3,100,072 |
Sherman Foundation Newport Beach, CA | $20,971,786 | $2,966,996 |
Inner City Education Family Los Angeles, CA | $28,478,454 | $2,246,800 |
Lake Tahoe Conservation Fund Tahoe City, CA | $9,891,050 | $3,551,350 |