The Energy Foundation
- Assets
- $102.2m
- Revenue
- $57.9m
- Investments
- $0.0
- Employees
- 67
- Location
- San Francisco, CA
- Founding
- 03/1991
- Data as of
- 12/2022
- EIN
- 94-3126848
Organization Overview
The Energy Foundation is located in San Francisco, CA. The organization was established in 1991. 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. As of 12/2022, Energy Foundation employed 67 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Energy 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 12/2022, Energy Foundation generated $57.9m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (8.9%) each year. All expenses for the organization totaled $69.5m during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (5.6%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Energy Foundation has awarded 1,584 individual grants totaling $317,588,893. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO ACHIEVE GREENHOUSE GAS EMISSIONS NEUTRALITY, WORLD-CLASS AIR QUALITY, AND GREEN GROWTH.
Describe the Organization's Program Activity:
Part 3 - Line 4a
IN 2022, THE ENERGY FOUNDATION GRANTED TO ORGANIZATIONS AND INSTITUTIONS THAT, THROUGH EDUCATION AND ANALYSIS, MADE GAINS IN THE TRANSITION TO A CLEAN ENERGY ECONOMY. ACHIEVEMENTS INCLUDED (BUT WERE NOT LIMITED TO) CLEAN VEHICLE GROWTH, THE ADVANCEMENT OF RENEWABLE ENERGY TECHNOLOGIES, PROGRESS IN LOW CARBON GROWTH PLANNING, THE DEVELOPMENT OF SUSTAINABLE CITIES, AND AN INCREASE IN THE EFFICIENCY OF ENERGY-INTENSIVE ENTERPRISES. IN ORDER TO SUPPORT ITS GRANTMAKING IN CHINA, THE ENERGY FOUNDATION'S EXPENDITURES IN 2022 INCLUDED THE SALARY AND BENEFITS OF AROUND 70 STAFF MEMBERS, OFFICE RENTAL, EQUIPMENT CHARGES, AND OTHER EXPENSES RELATED TO MAINTAINING THE FOUNDATION'S BEIJING PROGRAM OFFICE. THE FOUNDATION ADMINISTERS ITS FOREIGN BRANCH IN CHINA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Zou Ji CEO | OfficerTrustee | 40 | $440,761 |
Hongjun Zhang Board Chair | OfficerTrustee | 3 | $6,000 |
Kelly Sims Gallagher Board Member | Trustee | 3 | $6,000 |
Stephen Harper Board Member | Trustee | 3 | $6,000 |
Kebin He Board Member | Trustee | 3 | $6,000 |
Bernice Lee Board Member | Trustee | 3 | $6,000 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Beijing Zhongxin Guoyan Culture Communi Sustainable Energy Forums 2022 | 12/30/22 | $631,592 |
Mckinsey & Company Inc Hong Kong China Coal Transition Study | 12/30/22 | $285,000 |
Stratop Group Mis System Services | 12/30/22 | $154,048 |
Roevin Management Services Ltd Uk St Partnership Consultant | 12/30/22 | $210,259 |
Tian Lian Hu Tong (Beijing) Com Co Ltd Design Services | 12/30/22 | $130,892 |
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 | $56,746,087 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $56,746,087 |
| Total Program Service Revenue | $0 |
| Investment income | $800,424 |
| 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 | $57,878,896 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $3,773,950 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $48,343,960 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $1,122,028 |
| Compensation of current officers, directors, key employees. | $223,396 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $5,725,913 |
| Pension plan accruals and contributions | $56,564 |
| Other employee benefits | $903,786 |
| Payroll taxes | $1,046,719 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $78,020 |
| Fees for services: Accounting | $422,872 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $5,101,617 |
| Advertising and promotion | $0 |
| Office expenses | $313,956 |
| Information technology | $189,891 |
| Royalties | $0 |
| Occupancy | $982,003 |
| Travel | $524,795 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $191,214 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $51,987 |
| Insurance | $16,701 |
| All other expenses | $39,865 |
| Total functional expenses | $69,460,889 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $62,700,455 |
| Savings and temporary cash investments | $30,138,268 |
| Pledges and grants receivable | $5,650,000 |
| Accounts receivable, net | $14,533 |
| 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 | $342,127 |
| Net Land, buildings, and equipment | $288,196 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $3,043,897 |
| Total assets | $102,177,476 |
| Accounts payable and accrued expenses | $2,173,670 |
| Grants payable | $15,534,230 |
| 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 | $2,876,084 |
| Total liabilities | $20,583,984 |
| Net assets without donor restrictions | $20,449,380 |
| Net assets with donor restrictions | $61,144,112 |
| 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 | $102,177,476 |
Grants Awarded
Over the last fiscal year, The Energy Foundation has awarded $3,773,950 in support to 14 organizations.
| Grant Recipient | Amount |
|---|---|
INSTITUTE FOR TRANSPORTATION AND DEVELOPMENT POLICY PURPOSE: TO SUPPORT EDUCATION, ANALYSIS AND OUTREACH TO BUILD A CLEAN ENERGY FUTURE | $100,000 |
INTERNATIONAL COUNCIL ON CLEAN TRANSPORTATION INC PURPOSE: TO SUPPORT EDUCATION AND OUTREACH TO BUILD A CLEAN ENERGY FUTURE, TO PROMOTE EDUCATION, ANALYSIS FOR THE ALTERNATIVE REFRIGERANT AND ENERGY-SAVING TECHNOLOGY, TO ACHIEVE THE GOALS OF CARBON NEUTRALITY AND EMISSION PEAKING GOALS, AND TO SUPPORT EDUCATION AND ANALYSIS TO PROMOTE ELECTRIC VEHICLES | $480,000 |
INSTITUTE FOR SUSTAINABLE COMMUNITIES PURPOSE: TO SUPPORT EDUCATION AND ANALYSIS TO ADVANCE LOW CARBON CITIES | $100,000 |
NATURAL RESOURCES DEFENSE COUNCIL INC PURPOSE: TO PROMOTE EDUCATION AND ANALYSIS TO ADVANCE CLEAN ELECTRICITY AND TO SUPPORT EDUCATION AND ANALYSIS TO ADVANCE LOW CARBON CITIES | $375,000 |
UNIVERSITY OF MARYLAND PURPOSE: TO SUPPORT EDUCATION AND ANALYSIS TO PHASE OUT COAL | $350,000 |
ROCKY MOUNTAIN INSTITUTE PURPOSE: TO SUPPORT EDUCATION AND ANALYSIS TO ADVANCE CLIMATE LEADERSHIP, TO SUPPORT EDUCATION AND ANALYSIS TO ADVANCE LOW CARBON CITIES, AND TO SUPPORT EDUCATION, ANALYSIS AND OUTREACH TO BUILD A CLEAN ENERGY FUTURE | $900,000 |