Sequoia Climate Fund
- Assets
- $47.4m
- Revenue
- $181.1m
- Investments
- $0.0
- Employees
- 0
- Location
- Irvine, CA
- Founding
- Data as of
- 11/2021
- EIN
- 85-4095972
Organization Overview
Sequoia Climate Fund is located in Irvine, CA. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sequoia Climate Fund is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Since 2021, Sequoia Climate Fund has awarded 64 individual grants totaling $126,299,224. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Christie Ulman President | 40 | $484,417 | |
Seema Paul Program Director | 40 | $311,250 | |
Louise Glew Director Of Evidence | 40 | $265,208 | |
Nicholas Bianco Program Director | 40 | $251,313 | |
Ann Canela Chief Operating Offi | 40 | $197,548 | |
Daniel Noll Program Manager | 40 | $180,000 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Russell Reynolds Associates Inc | 11/29/21 | $651,640 |
Globalization Partners Inc | 11/29/21 | $550,235 |
Atrium Staffing | 11/29/21 | $227,056 |
Redstone Strategy Group Llc | 11/29/21 | $250,000 |
Incandescent Llc | 11/29/21 | $200,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $181,000,000 |
| Interest on Savings | $73,206 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $181,073,206 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $484,417 |
| Other employee salaries and wages | $2,745,980 |
| Pension plans, employee benefits | $835,087 |
| Interest | $0 |
| Taxes | $5,000 |
| Depreciation | $0 |
| Occupancy | $230,887 |
| Travel, conferences, and meetings | $84,772 |
| Printing and publications | $0 |
| Other expenses | $215,153 |
| Total operating and administrative expenses | $7,504,169 |
| Contributions, gifts, grants paid | $126,299,224 |
| Total expenses and disbursements | $133,803,393 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $28,410,209 |
| Savings and temporary cash investments | $18,873,206 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $17,410 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $129,621 |
| Total assets | $47,430,446 |
| Accounts payable and accrued expenses | $160,633 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $160,633 |
Grants Awarded
Over the last fiscal year, Sequoia Climate Fund has awarded $126,299,224 in support to 64 organizations.
| Grant Recipient | Amount |
|---|---|
STICHTING EUROPEAN CLIMATE FOUNDATION PURPOSE: POOLED FUND FOR INTERNATIONAL ENERGY, CLEAN ENERGY AND NET-ZERO, GREENING CAPITAL MARKETS AND CLIMATE COMMUNICATIONS, DIGITAL STRATEGIC COMMUNICATIONS | $28,499,000 |
San Francisco, CA PURPOSE: MODERNIZING TRANSPORT AND DRIVING A CLEAN ENERGY TRANSITION, ECONOMICS OF CARBON NEUTRALITY | $8,000,000 |
New York, NY PURPOSE: ENERGY TRANSITION FUND, PLASTIC SOLUTIONS FUND, ALLIANCE TO ACCELERATE A JUST AND MANAGED ENERGY TRANSITION | $8,000,000 |
San Francisco, CA PURPOSE: ENERGY AND TRANSPORTATION | $7,820,000 |
THE SUNRISE PROJECT AUSTRALIA LTD PURPOSE: CLEAN ENERGY | $5,000,000 |
Washington, DC PURPOSE: ENERGY AND CLIMATE CHANGE, ACCELERATING CARBON NEUTRALITY, ENERGY TRANSITION FRAMEWORK, GREENING ENERGY INVESTMENTS | $4,660,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Chan Zuckerberg Initiative Foundation Palo Alto, CA | $7,102,375,761 | $894,057,700 |
David And Lucile Packard Foundation Los Altos, CA | $0 | $658,614,112 |
Gordon E And Betty I Moore Foundation Palo Alto, CA | $0 | $528,454,632 |
Gerson Bakar Foundation San Francisco, CA | $2,671,857,395 | $1,929,752,035 |
Carl Victor Page Memorial Foundation Palo Alto, CA | $3,530,742,616 | $1,087,074,441 |
Virginia G Piper Charitable Trust 08-11-95 Phoenix, AZ | $496,549,315 | $85,713,153 |
The Heising-Simons Foundation Los Altos, CA | $866,467,309 | $244,878,185 |
Bin Lin And Daisy Liu Family Foundation Fremont, CA | $227,760,848 | $146,668,013 |
Sequoia Climate Fund Irvine, CA | $47,430,446 | $181,073,206 |
Koum Family Foundation Palo Alto, CA | $2,010,566,070 | $59,411,015 |
The David Geffen Foundation Los Angeles, CA | $481,191,890 | $36,420,193 |
Knight Foundation Beaverton, OR | $3,232,383,420 | $1,963,443,063 |