Efi Foundation
Efi Foundation reported $14.0 million in revenue and $12.1 million in expenses for calendar year 2024. Of every $100 it spent, $79.95 went to program services, $18.72 to management and general costs and $1.33 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 77.1% of the total. The highest compensation it reported for one person was $307,519 (Senior Vice President). 12 people received more than $100,000 in reportable compensation. Source: Form 990, 2024.
Where $100 of spending went
Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $12MFor context, the median across 371 covered environment charities: $85.82 programs, $10.80 management, $3.38 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 $14MThe 990 scorecard · same measures for every charity, no grades
| Measure | 2024 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 80.0% | 83.6% |
| Management & general Part IX 25(C) ÷ 25(A) | 18.7% | 10.5% |
| Fundraising Part IX 25(D) ÷ 25(A) | 1.3% | 3.3% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.05 | $0.03 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 21.2% | 87.6% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 0.0% | 4.8% |
| Program service revenue share Part VIII 2g ÷ 12 | 77.1% | 3.2% |
| Highest reported compensation Part VII-A, columns D–F | $307,519 | $293,532 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 2.54% | 1.74% |
| People paid over $100,000 Part VII, line 2 | 12 | 7 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 3.0 | 18.8 |
| Independent voting board members Part VI 1a–1b | 5 of 7 | 100.0% |
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 expenseIn 2024, the three principal program service areas included clean energy finance, federal energy innovation program management, and clean hydrogen market formation. The Energy Futures Finance Forum (EF3) is a novel effort to identify policies and measures to expand the attractiveness of investment opportunities in clean energy to a broader cross-section of the investment community. The foundation issued several reports on this topic, including a framework report identifying potential additional sources of clean energy finance and a report on identifying opportunities to enhance investment…
Highest 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 |
|---|---|---|---|---|
| Senior Vice President Key employee, 40.0 hrs/week | $285,105 | $0 | $22,414 | $307,519 |
| SVP, Strategic Initiatives Key employee, 40.0 hrs/week | $235,239 | $0 | $31,026 | $266,265 |
| SVP of Policy Strategy/Outreach Key employee, 40.0 hrs/week | $220,891 | $0 | $23,414 | $244,305 |
| Director of Research Highest compensated employee, 40.0 hrs/week | $172,510 | $0 | $36,384 | $208,894 |
| EVP and Treasurer Director/trustee, officer, 24.0 hrs/week | $169,250 | $0 | $0 | $169,250 |
| Managing Director Highest compensated employee, 20.0 hrs/week | $157,455 | $0 | $0 | $157,455 |
| Deputy Director of Research Highest compensated employee, 40.0 hrs/week | $127,760 | $0 | $23,000 | $150,760 |
| Research Specialist Highest compensated employee, 40.0 hrs/week | $108,892 | $0 | $31,515 | $140,407 |
12 people received more than $100,000 in reportable compensation from Efi Foundation (Part VII, line 2). Compensation of current officers, directors and key employees totaled $1.2M (Part IX, line 5).
3 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–1b7 · 5 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 2Yes
- 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 4No
- Over $15,000 of professional fundraising services Part IV 18No
- Over $10,000 of activity outside the U.S. Part IV 14bNo
- Employees Part I, line 543
- Volunteers Part I, line 65
Largest outside contractors
2024 · Form 990, Part VII, Section B · businesses only| S&P Global Inc Technical and Project Management Support | $2,327,556 |
| LevelTen Energy Technical and Project Management Support | $667,793 |
| Dentons LLP legal | $647,770 |
| Holland & Knight LLP legal | $359,518 |
Individuals listed as contractors are left out. 13 contractors were paid more than $100,000 in all.
Private foundation grants it received
3 private foundations reported grants to Efi Foundation totaling $375K 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 Efi 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 Efi Foundation, you can publish a response that is linked from this page.
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Of every $100 Efi Foundation spent in 2024, $79.95 went to programs. The full breakdown, from its IRS Form 990:
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All environment charities · Largest charities in District of Columbia
Questions people ask
How much of Efi Foundation's spending goes to programs?
In calendar year 2024, Efi Foundation reported that 80.0% of its $12.1 million in expenses went to program services, 18.7% to management and general and 1.3% to fundraising (Form 990, Part IX).
How much does Efi Foundation pay its top executive?
The largest total compensation Efi Foundation reported for one person in calendar year 2024 was $307,519, for the role of Senior Vice President (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Efi Foundation get its money?
Of $14.0 million in revenue in calendar year 2024, 21.2% came from contributions and grants and 77.1% from program service revenue (Form 990, Part VIII).
Is Efi Foundation a registered charity?
The IRS lists EIN 87-3398574 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 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 202533219349324043 · read the filing · XML
- 2023: Form 990 for calendar year 2023, object 202413209349309891 · read the filing
- 2022: Form 990 for calendar year 2022 (amended), object 202510369349300411 · read the filing
All filings for EIN 87-3398574: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.