Climate Imperative Foundation
- Assets
- $188.7m
- Revenue
- $206.7m
- Investments
- $0.0
- Employees
- 0
- Location
- San Francisco, CA
- Founding
- Data as of
- 12/2023
- 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 12/2023, Climate Imperative Foundation generated $206.7m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 25.7% each year . All expenses for the organization totaled $271.0m during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Climate Imperative Foundation has awarded 357 individual grants totaling $451,455,324. 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
2023
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 2023, 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; INFORMING THE 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 |
|---|---|---|---|
Name Not Listed Chair | OfficerTrustee | 1 | $0 |
Name Not Listed Director | Trustee | 1 | $0 |
Name Not Listed Director | Trustee | 1 | $0 |
Name Not Listed Director | Trustee | 1 | $0 |
Name Not Listed Director Thru 02/23 | Trustee | 1 | $0 |
Name Not Listed Director | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Energy Innovation Policy And Technology Llc Management And Research Services | 12/30/23 | $19,591,088 |
Holland & Knight Policy Research | 12/30/23 | $1,700,000 |
Arc Initiatives Communications Services | 12/30/23 | $300,000 |
K&l Gates Legal Services | 12/30/23 | $549,127 |
Calstart Inc Policy Research | 12/30/23 | $200,000 |
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 | $204,019,896 |
| Noncash contributions included in lines 1a–1f | $35,853,896 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $204,019,896 |
| Total Program Service Revenue | $0 |
| Investment income | $2,621,889 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $16,243 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $206,658,028 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $176,962,113 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $70,141,100 |
| 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 | $17,591,088 |
| Fees for services: Legal | $828,705 |
| Fees for services: Accounting | $35,070 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $5,395,912 |
| Advertising and promotion | $0 |
| Office expenses | $41,643 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $7,765 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $5,000 |
| Interest | $7,568 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $6,387 |
| All other expenses | $0 |
| Total functional expenses | $271,024,025 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $106,810 |
| Savings and temporary cash investments | $87,835,561 |
| Pledges and grants receivable | $100,762,365 |
| 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 | $188,704,736 |
| Accounts payable and accrued expenses | $1,205,488 |
| Grants payable | $11,623,000 |
| 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 | $12,828,488 |
| Net assets without donor restrictions | $68,605,345 |
| Net assets with donor restrictions | $107,270,903 |
| 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 | $188,704,736 |
Grants Awarded
Over the last fiscal year, Climate Imperative Foundation has awarded $176,962,113 in support to 109 organizations.
| Grant Recipient | Amount |
|---|---|
THE ENERGY FOUNDATION PURPOSE: To support analysis and education about clean and healthy transportation policies | $27,000,000 |
SIERRA CLUB FOUNDATION PURPOSE: To support research, education and outreach about clean and healthy homes | $25,550,000 |
UNITED STATES ENERGY FOUNDATION PURPOSE: To support research, education, and outreach about clean and healthy homes | $19,573,080 |
ROCKY MOUNTAIN INSTITUTE PURPOSE: To support research, education and outreach about clean and healthy homes | $13,750,500 |
NATURAL RESOURCES DEFENSE COUNCIL PURPOSE: To support research, education, and technical support on clean industrial practices | $7,439,000 |
LEAGUE OF CONSERVATION VOTERS EDUCATION FUND PURPOSE: To support research, education, and outreach about US energy systems | $3,691,000 |