Climateworks Foundation
Climateworks Foundation reported $350.6 million in revenue and $317.3 million in expenses for calendar year 2024. Of every $100 it spent, $93.92 went to program services, $4.97 to management and general costs and $1.11 to fundraising. Its largest source of revenue was contributions and grants: 95.5% of the total. The highest compensation it reported for one person was $703,584 (PRESIDENT AND CEO). 155 people received more than $100,000 in reportable compensation. Revenue rose 275% between 2019 and 2024. Source: Form 990, 2024.
Where $100 of spending went
Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $317MFor context, the median across 192 covered science & technology charities: $84.33 programs, $15.67 management, $0.00 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
Calendar year 2024 · Form 990, Part VIII · total revenue $351MThe 990 scorecard · same measures for every charity, no grades
| Measure | 2024 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 93.9% | 83.2% |
| Management & general Part IX 25(C) ÷ 25(A) | 5.0% | 15.5% |
| Fundraising Part IX 25(D) ÷ 25(A) | 1.1% | 0.0% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.01 | $0.00 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 95.5% | 51.6% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 0.0% | 3.2% |
| Program service revenue share Part VIII 2g ÷ 12 | 0.0% | 19.2% |
| Highest reported compensation Part VII-A, columns D–F | $703,584 | $513,729 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 0.22% | 1.72% |
| People paid over $100,000 Part VII, line 2 | 155 | 27 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 16.7 | 14.7 |
| Independent voting board members Part VI 1a–1b | 10 of 11 | 94.3% |
A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.
What the money paid for, in its own words
2024 · Form 990, Part III · the three largest programs by expenseHighest reported compensation
2024 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| PRESIDENT AND CEO Director/trustee, officer, 40.00 hrs/week | $622,909 | $0 | $80,675 | $703,584 |
| MANAGING DIRECTOR Officer, 40.00 hrs/week | $493,190 | $0 | $91,743 | $584,933 |
| VP, PHILANTHROPIC PARTNERSHIPS Key employee, 40.00 hrs/week | $468,537 | $0 | $91,743 | $560,280 |
| VP, PROGRAMS Key employee, 40.00 hrs/week | $455,221 | $0 | $77,924 | $533,145 |
| CFO, TREASURER Officer, 40.00 hrs/week | $432,962 | $0 | $89,402 | $522,364 |
| VP, GLOBAL INTELLIGENCE Key employee, 40.00 hrs/week | $441,807 | $0 | $79,507 | $521,314 |
| DEPUTY VP, PROGRAMS Highest compensated employee, 40.00 hrs/week | $399,581 | $0 | $72,228 | $471,809 |
| EXECUTIVE DIRECTOR, CLUA Key employee, 40.00 hrs/week | $383,661 | $0 | $70,330 | $453,991 |
155 people received more than $100,000 in reportable compensation from Climateworks Foundation (Part VII, line 2). Compensation of current officers, directors and key employees totaled $4.9M (Part IX, line 5).
6 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
2024 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means- Voting board members, and how many are independent Part VI, lines 1a–1b11 · 10 independent
- Audited financial statements Part XII 2bYes
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13Yes
- Document retention policy Part VI 14Yes
- Independent process for top executive pay Part VI 15aYes
- Board given the 990 before filing Part VI 11aYes
- Family or business ties among insiders Part VI 2No
- Aware of a significant diversion of assets Part VI 5No
- Excess benefit transaction with an insider Part IV 25aNo
- Loans to or from insiders outstanding Part IV 26No
- Lobbying, or a 501(h) election in effect Part IV 4Yes
- Over $15,000 of professional fundraising services Part IV 18Yes
- Over $10,000 of activity outside the U.S. Part IV 14bYes
- Employees Part I, line 5189
- Volunteers Part I, line 611
Largest outside contractors
2024 · Form 990, Part VII, Section B · businesses only| BRIDGESPAN GROUP Program & professional services | $1,475,000 |
| PT JESTIO BARIO NEURONE Program services | $968,237 |
| DALBERG CONSULTING US LLC Program & professional services | $690,000 |
| CONSERVATION STRATEGY GROUP LLC Program services | $684,000 |
| CV PARTNERS INC Professional staffing & recruiting | $667,401 |
Individuals listed as contractors are left out. 79 contractors were paid more than $100,000 in all.
Private foundation grants it received
16 private foundations reported grants to Climateworks Foundation totaling $80M on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.
Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.
Correct a figure or respond
Every number above is copied from Climateworks Foundation's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Climateworks Foundation, you can publish a response that is linked from this page.
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Of every $100 Climateworks Foundation spent in 2024, $93.92 went to programs. The full breakdown, from its IRS Form 990:
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Similar-sized charities in this cause
- Institute for Defense AnalysesAlexandria, VA · revenue $345M · programs 90.6% · FY2025
- National Academy of SciencesWashington, DC · revenue $362M · programs 79.4% · 2024
- Woods Hole Oceanographic InstitutionWoods Hole, MA · revenue $344M · programs 87.0% · 2024
- Sri InternationalMenlo Park, CA · revenue $438M · programs 74.1% · 2024
- University Corporation for Atmospheric ResearchBoulder, CO · revenue $289M · programs 87.0% · FY2025
All science & technology charities · Largest charities in California
Questions people ask
How much of Climateworks Foundation's spending goes to programs?
In calendar year 2024, Climateworks Foundation reported that 93.9% of its $317.3 million in expenses went to program services, 5.0% to management and general and 1.1% to fundraising (Form 990, Part IX).
How much does Climateworks Foundation pay its top executive?
The largest total compensation Climateworks Foundation reported for one person in calendar year 2024 was $703,584, for the role of PRESIDENT AND CEO (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Climateworks Foundation get its money?
Of $350.6 million in revenue in calendar year 2024, 95.5% came from contributions and grants and 0.0% from program service revenue (Form 990, Part VIII).
Is Climateworks Foundation a registered charity?
The IRS lists EIN 26-2303250 as a 501(c)(3) organization (publicly supported organization (170(b)(1)(a)(vi))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- 2024: Form 990 for calendar year 2024, object 202512959349301466 · read the filing · XML
- 2023: Form 990 for calendar year 2023, object 202423029349302122 · read the filing
- 2022: Form 990 for calendar year 2022, object 202323039349302107 · read the filing
- 2021: Form 990 for calendar year 2021, object 202233139349305048 · read the filing
- 2020: Form 990 for calendar year 2020, object 202122889349301997 · read the filing
- 2019: Form 990 for calendar year 2019, object 202002819349301455 · read the filing
All filings for EIN 26-2303250: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.