Climate and Clean Energy Equity Fund
Climate and Clean Energy Equity Fund reported $29.5 million in revenue and $25.7 million in expenses for calendar year 2024. Of every $100 it spent, $80.89 went to program services, $15.53 to management and general costs and $3.58 to fundraising. Its largest source of revenue was contributions and grants: 95.3% of the total. The highest compensation it reported for one person was $332,290 (COO - UNTIL 06/2024). 23 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 $26MFor 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 $30MThe 990 scorecard · same measures for every charity, no grades
| Measure | 2024 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 80.9% | 83.6% |
| Management & general Part IX 25(C) ÷ 25(A) | 15.5% | 10.5% |
| Fundraising Part IX 25(D) ÷ 25(A) | 3.6% | 3.3% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.03 | $0.03 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 95.3% | 87.6% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 0.0% | 4.8% |
| Program service revenue share Part VIII 2g ÷ 12 | 0.0% | 3.2% |
| Highest reported compensation Part VII-A, columns D–F | $332,290 | $293,532 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 1.29% | 1.74% |
| People paid over $100,000 Part VII, line 2 | 23 | 7 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 19.6 | 18.8 |
| Independent voting board members Part VI 1a–1b | 2 of 3 | 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 expenseGrant programs: the Equity Fund provides catalytic and sustained funding, capacity-building, and technical assistance to multi-issue community-based organizations. We champion community-supported solutions that deliver equitable economic opportunities and address disparities in health, housing and job quality through a transition to Clean Energy.our grantmaking supports over 170 community partners across rural, urban and suburban geographies to lead large-scale advocacy, strategic communications, and nonpartisan civic engagement initiatives. We have raised more than $230 million to support…
Policy accelerator: our policy accelerator provides grantee partners with capacity-building and technical assistance including policy research, data analysis, and facilitating a cross-state policy learning community
Philanthropic organizing: the Equity Fund partners with other funders to grow investments that drive equitable climate action, and more broadly, to build an effective, diverse, and inclusive philanthropic infrastructure.our strategic partnerships team works in collaboration with more than two dozen grantmakers and partners who represent climate, civic engagement, racial justice, economic opportunity, and workforce development funders. As philanthropic advisors, our goal is to build a community of funders who move resources together with the intention of achieving systemic change
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 |
|---|---|---|---|---|
| COO - UNTIL 06/2024 Key employee, 40.00 hrs/week | $309,606 | $0 | $22,684 | $332,290 |
| OFFICER & PRESIDENT - UNTIL 04/24 Director/trustee, officer, 40.00 hrs/week | $291,826 | $0 | $19,238 | $311,064 |
| VP, STRATEGIC PARTNERSHIPS Highest compensated employee, 40.00 hrs/week | $261,225 | $0 | $42,168 | $303,393 |
| PRESIDENT - AS OF 04/24 Director/trustee, officer, 15.00 hrs/week | $290,000 | $0 | $0 | $290,000 |
| INTERIM EXECUTIVE DIRECTOR Key employee, 40.00 hrs/week | $242,022 | $0 | $45,099 | $287,121 |
| VP, PROGRAMS Highest compensated employee, 40.00 hrs/week | $240,686 | $0 | $36,219 | $276,905 |
| DIRECTOR OF FINANCE Highest compensated employee, 40.00 hrs/week | $219,814 | $0 | $39,093 | $258,907 |
| GRANTS & POWER BUILDING Highest compensated employee, 40.00 hrs/week | $182,261 | $0 | $23,532 | $205,793 |
23 people received more than $100,000 in reportable compensation from Climate and Clean Energy Equity Fund (Part VII, line 2). Compensation of current officers, directors and key employees totaled $930K (Part IX, line 5).
2 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–1b3 · 2 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 15aNo
- 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 18No
- Over $10,000 of activity outside the U.S. Part IV 14bNo
- Employees Part I, line 537
- Volunteers Part I, line 64
Largest outside contractors
2024 · Form 990, Part VII, Section B · businesses only| MARCUM LLP (CBIZ ADVISORS LLC) Accounting/tax services | $353,022 |
| MARCUM (CBIZ) TECHNOLOGY LLC Technology services | $263,076 |
| UPSTATEMENT LLC Website and media production | $261,800 |
| PERCOLATOR CONSULTING LLC Technology services | $190,650 |
| ISAACSON MILLER INC Recruiting services | $151,103 |
Individuals listed as contractors are left out. 6 contractors were paid more than $100,000 in all.
Private foundation grants it received
21 private foundations reported grants to Climate and Clean Energy Equity Fund totaling $16M 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 Climate and Clean Energy Equity Fund's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Climate and Clean Energy Equity Fund, you can publish a response that is linked from this page.
Share or embed this breakdown
Of every $100 Climate and Clean Energy Equity Fund spent in 2024, $80.89 went to programs. The full breakdown, from its IRS Form 990:
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Similar-sized charities in this cause
- Bay Area Environmental Research InstituteMoffet Field, CA · revenue $29M · programs 78.2% · FY2025
- Placer Land TrustAuburn, CA · revenue $30M · programs 93.9% · FY2025
- National Tropical Botanical GardenKalaheo, HI · revenue $29M · programs 83.1% · 2024
- International Sustainable Energy FoundationAustin, TX · revenue $30M · programs 97.4% · 2024
- The Partnership ProjectWashington, DC · revenue $29M · programs 91.2% · 2024
All environment charities · Largest charities in District of Columbia
Questions people ask
How much of Climate and Clean Energy Equity Fund's spending goes to programs?
In calendar year 2024, Climate and Clean Energy Equity Fund reported that 80.9% of its $25.7 million in expenses went to program services, 15.5% to management and general and 3.6% to fundraising (Form 990, Part IX).
How much does Climate and Clean Energy Equity Fund pay its top executive?
The largest total compensation Climate and Clean Energy Equity Fund reported for one person in calendar year 2024 was $332,290, for the role of COO - UNTIL 06/2024 (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Climate and Clean Energy Equity Fund get its money?
Of $29.5 million in revenue in calendar year 2024, 95.3% came from contributions and grants and 0.0% from program service revenue (Form 990, Part VIII).
Is Climate and Clean Energy Equity Fund a registered charity?
The IRS lists EIN 87-4680230 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 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 202523219349303067 · read the filing · XML
- 2023: Form 990 for calendar year 2023, object 202413199349316641 · read the filing
All filings for EIN 87-4680230: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.