Climate Imperative Foundation

Climate Imperative Foundation is a San Francisco-based environmentalist advocacy group focused on climate change. It is a charitable organization that survives off donations. Its major donors include the Silicon Valley Community Foundation, which gave it a $20,000,000 grant in 2021.

At-A-Glance

Issue Areas: Environmental Policy
Formation:

2020

Location: San Francisco, CA View on map
Tax ID: 84-5024713
Most Recent Filing: 2024
Budget (2024): Assets: $109,552,703 Revenue: $271,730,022 Expenses: $356,885,102

Contents

    As of 2023, the Foundation’s president was Hal Harvey, a longtime climate activist and philanthropist.

    Background

    Climate Imperative Foundation is based in San Francisco, California. 1 It is a climate change policy advocacy organization that provides funds to groups seeking to significantly reduce carbon emissions. 2 It was formed in 2020. 3

    Activities

    Climate Imperative Foundation’s self-proclaimed values include “ambition,” “service,” “discipline,” and the left-of-center concept of “equity.” The Foundation claims all its grantmaking is in service to these ends. 2 Its stated mission is to “cut global carbon emissions at speed and scale” by advocating for left-of-center energy policies and environmental regulations in “the world’s major emitting countries over the next decade.” 2

    Climate Imperative Foundation makes the claim that its anti-traditional energy policies will “save money” and “create new jobs” because weather-dependent energy, it alleges, can easily replace fossil fuels at a lower cost. Beyond these utilitarian arguments, it also claims that scientists cite the 2020 decade as the last chance to save the planet and that it is therefore an “imperative we all face” to “secure a safe climate future” in the immediate near-term. 2

    Funding

    In 2020, Climate Imperative Foundation raised $82,761,821 and spent $67,496,579, according to its tax returns. 4 While it redacted its which organizations received its grants, it is known that Climate Imperative gave $26,490,000 to Europe-based groups, $8,600,000 to groups based in East Asia and the Pacific, and $58,500 to groups based in South Asia. 5

    In 2021, Climate Imperative Foundation raised $221,533,652, spent $109,719,308, and finished the year with $127,078,852 in net assets, according to its tax returns. 6

    Climate Imperative Foundation has given grants to the American Lung Association, Building Decarbonization Coalition, Energy Foundation China, European Federation for Transport and Environment, and WE ACT for Environmental Justice. 7

    In 2022, Lukas Walton, an heir to the Walmart fortune and founder of the philanthropic Builders Initiative, told Inside Philanthropy he had pledged to give Climate Imperative Foundation $20,000,000 a year over the course of five years. Sam Walton, another member of the family, is also a supporter of Climate Imperative. 8

    In 2021, Climate Imperative Foundation received $20,000,000 from Silicon Valley Community Foundation. 9 Silicon Valley Community Foundation’s chief value is the left-of-center concept of “equity” and claims all its grantmaking is in service to this end. 10 SVCF’s “Core Impact Areas” of funding include , housing, “California Black Freedom,” “Movement- and Power- Building,” environment, “noEquity Forward,” immigration, journalism, and “LatinXCEL Fund.” 10 11 As of 2023, the president and CEO of SVCF was Nicole Taylor, the former CEO of Thrive Foundation for Youth in Silicon Valley as well as the East Bay Community Foundation who as of 2023 was a board member for Common Sense Media and Joint Venture Silicon Valley. 12

    Leadership

    In 2023, Hal Harvey was the president of the Climate Imperative Foundation. Harvey is also the CEO of Energy Innovation: Policy and Technology LLC, an environmental policy firm. He is the founder and former CEO of Energy Foundation and was involved with the creation of Energy Foundation China, European Climate Foundation, and the Indian Sustainable Energy Foundation. He worked as the environment program director at the William and Flora Hewlett Foundation from 2002 to 2008. 13

    Climate Imperative Foundation’s board of directors include Anita Bekenstein, John Doerr, Sanjeev Krishnan, Greg Nelson, and George Pavlov. 12 In 2021, Sam Walton was on the board of directors, as was Laurene Powell Jobs (widow of Apple founder Steve Jobs), Ross Jensen, Ryan Panchadsaram, and treasurer Christina Fernandes. 14

    Its advisory council includes CEO & co-founder of Opportunity@Work Bryon Auguste; Anumita Roy Chowdhury, executive director of Research and Advocacy at the Centre for Science and Environment in New Delhi; president of the Carnegie Endowment for International Peace Mariano Florentino Ceullar; professor at Tsinghua University He Kebin; the global leader for climate strategy at Deloitte Bernhard Lorentz; former director of the U.S. Environmental Protection Agency (EPA)’s Office of Transportation and Air Quality Margo Oge; and executive director of the Center for the New Energy Economy at Colorado State University Bill Ritter, former governor of Colorado. 15

    Financial Statistics

    Total Assets

    Total Revenue

    Total Expenses

    YearTotal AssetsTotal RevenueTotal ExpensesFiling
    2024 $109,552,703 $271,730,022 $356,885,102 View
    2023 $188,704,736 $206,658,028 $271,024,025 View
    2022 $250,639,955 $289,464,924 $176,696,000 View
    2021 $130,219,187 $221,533,652 $109,719,308 View
    2020 $20,254,293 $82,761,821 $67,496,579 View

    Revenue Detail

    Expenses Detail

    Grant Activity

    All-time grants received statistics from Candid dataset:

    • Total Grant Value: $846,777,673
    • Number of Grants: 30
    • Number of Funders: 15

    Selection of highest value grants received from the last seven years:

    AmountYearFunderSubject
    $104,600,0002024 National Philanthropic TrustCULTURE & ARTS
    $80,758,6992020 Aspen Global Change Institute IncCLIMATE IMPERATIVE PROJECT
    $62,500,0002024 Combined Jewish Philanthropies of Greater BostonDAF – Environment
    $48,998,0872024 Sergey Brin Family FoundationGENERAL OPERATING SUPPORT
    $45,776,0972024 The Benificus FoundationGENERAL PURPOSE
    $40,003,5372022 Sergey Brin Family FoundationGENERAL OPERATING SUPPORT
    $40,000,0242023 Sergey Brin Family FoundationGENERAL OPERATING SUPPORT
    $40,000,0002024 Fidelity Investments Charitable Gift FundFor grant recipient's exempt purposes
    $36,000,0002022 Waverley Street FoundationGENERAL CHARITABLE PURPOSE
    $36,000,0002021 Waverley Street FoundationGENERAL CHARITABLE PURPOSE
    $35,948,9112023 The Benificus FoundationGENERAL PURPOSE
    $35,947,6462022 The Benificus FoundationGENERAL PURPOSE
    $20,000,0002024 The Chicago Community TrustGeneral support for programs, operations and other charitable purposes
    $20,000,0002023 The Chicago Community Trustto support Climate Imperative's work to cut emissions at speed and scale
    $20,000,0002022 Fidelity Investments Charitable Gift FundFor grant recipient's exempt purposes
    $20,000,0002022 The Chicago Community TrustTo support Climate Imperative's work to cut emissions at speed and scale
    $20,000,0002021 Silicon Valley Community Foundation
    $18,000,0002024 Waverley Street FoundationGeneral Operating Support
    $18,000,0002024 Waverley Street FoundationGeneral Operating Support
    $18,000,0002023 Waverley Street FoundationGENERAL CHARITABLE PURPOSE
    $18,000,0002023 Waverley Street FoundationGENERAL CHARITABLE PURPOSE
    $17,500,0002025 Combined Jewish Philanthropies of Greater BostonDAF – Environment
    $17,500,0002022 The Bloomberg Family Foundation IncACCELERATE TRANSITION TO CLEAN ENERGY
    $16,190,9232021 The Benificus FoundationGENERAL PURPOSE
    $10,000,0002021 Breakthrough Energy FoundationIndustrial Decarbonization

    All-time grants given statistics from Candid dataset:

    • Total Grant Value: $786,988,607
    • Number of Grants: 441
    • Number of Recipients: 177

    Selection of highest value grants given from the last seven years:

    AmountYearFunderSubject
    $48,305,0002023 Multiple EUROPE (INCLUDING ICELAND & GREENLAND) RecipientsTo support research, education, and outreach about energy systems
    $40,650,0002024 Multiple EUROPE (INCLUDING ICELAND & GREENLAND) RecipientsENVIRONMENTAL PROTECTION
    $36,807,0002022 Multiple EUROPE (INCLUDING ICELAND & GREENLAND) RecipientsTO SUPPORT RESEARCH, EDUCATION, AND OUTREACH ABOUT CLEAN AND HEALTHY HOMES, TRANSITION FROM FOSSIL FUELS TO CLEAN ENERGY, STRONG CLIMATE LEADERSHIP IN GERMANY, A SAFE CLIMATE FUTURE, AND CLEAN INDUSTRIAL PRACTICES
    $29,750,0002024 Energy Foundation ChinaENVIRONMENTAL PROTECTION
    $27,000,0002023 Energy Foundation ChinaTo support analysis and education about clean and healthy transportation policies
    $25,550,0002023 Sierra Club FoundationTo support research, education and outreach about clean and healthy homes
    $23,327,0002021 Energy Foundation ChinaDECARBONIZING CHINAS TRANSPORTATION SECTOR ZERO-EMISSIONS ROAD TRANSPORT IN CHINA
    $23,050,0002024 Sierra Club FoundationENVIRONMENTAL PROTECTION
    $20,230,0002021 Multiple EUROPE (INCLUDING ICELAND & GREENLAND) RecipientsDECARBONIZING EUROPEAN ECONOMIES AND SOCIETIES
    $20,040,0002020 Multiple Europe RecipientsGRANT 1: 2020 EDUCATION AND OUTREACH TO BUILD A CLEAN ENERGY FUTURE; GRANT 2: 2020 EU GREEN DEAL; GRANT 3: 2020 SUPPORT EDUCATION AND ANALYSIS FOR LOW CARBON ECONOMIC GROWTH.
    $19,573,0802023 United States Energy FoundationTo support research, education, and outreach about clean and healthy homes
    $18,500,0002022 Energy Foundation ChinaTO SUPPORT ANALYSIS AND EDUCATION ABOUT CLEAN AND HEALTHY CITIES, A SAFE CLIMATE FUTURE AND CLEAN AND HEALTHY TRANSPORTATION POLICIES
    $15,167,1502024 United States Energy FoundationENVIRONMENTAL PROTECTION
    $13,750,5002023 RMITo support research, education and outreach about clean and healthy homes
    $13,312,0002022 Sutter Club FoundationTO SUPPORT RESEARCH, EDUCATION, AND OUTREACH ABOUT TRANSITIONING FROM COAL TO CLEAN ENERGY, TRANSITIONING FROM FOSSIL FUELS TO CLEAN ENERGY AND CLEAN AND HEALTHY HOMES
    $10,400,0002022 United States Energy FoundationTO SUPPORT RESEARCH, EDUCATION, AND OUTREACH ABOUT A SAFE CLIMATE FUTURE, CLEAN AND HEALTHY HOMES AND CLEAN AIR POLICIES
    $8,600,0002020 Multiple EAST ASIA AND THE PACIFIC RecipientsCHINA 14FYP
    $7,875,0002024 Natural Resources Defense Council IncENVIRONMENTAL PROTECTION
    $7,640,0002024 RMIENVIRONMENTAL PROTECTION
    $7,439,0002023 Natural Resources Defense Council IncTo support research, education, and technical support on clean industrial practices
    $6,600,0002024 Multiple EUROPE (INCLUDING ICELAND & GREENLAND) RecipientsENVIRONMENTAL PROTECTION
    $6,545,0002021 United States Energy FoundationU.S. STATES MULTI-STATE STRATEGY
    $6,250,0002022 Multiple EUROPE (INCLUDING ICELAND & GREENLAND) RecipientsTO SUPPORT CLEAN ENERGY POLICIES IN EUROPE
    $6,000,0002024 Multiple EAST ASIA AND THE PACIFIC RecipientsENVIRONMENTAL PROTECTION
    $5,800,0002021 Sierra Club FoundationINITIATIVE TO BLOCK NEW MARKETS FOR OIL & GAS

    References

    1. “Contact Us.” Climate Imperative. Accessed March 18, 2023. https://climateimperative.org/contact-us/.
    2. “Mission & Values.” Climate Imperative. Accessed March 18, 2023. https://climateimperative.org/mission-values/
    3. Determination Letter for Organization Exempt from Income Tax. Climate Imperative Foundation. March 2, 2021.
    4. Return of Organization Exempt from Income Tax (Form 990-F). Climate Imperative Foundation. 2020. Part I. Lines 12, 18.
    5. Return of Organization Exempt from Income Tax (Form 990-F). Climate Imperative Foundation. 2020. Schedule F, Part I.
    6. Return of Organization Exempt from Income Tax (Form 990-F). Climate Imperative Foundation. 2021. Part I. Lines 12, 18.
    7. “Programs & Grantees.” Climate Imperative. Accessed March 18, 2023. https://climateimperative.org/programs-grantees/.
    8. Kavate, Michael. “Who’s Getting the Latest Checks from Lukas Walton’s Green Grantmaking Shop?” InsidePhilanthropy, March 21, 2022. Accessed March 18, 2023. https://www.insidephilanthropy.com/home/2022/3/21/whos-getting-the-latest-checks-from-lukas-waltons-green-grantmaking-shop.
    9. Return of Organization Exempt from Income Tax (Form 990). Silicon Valley Community Foundation. 2021. Schedule I, Part II – Grants and Other Assistance to Governments and Organizations in the United States.
    10. “Apply for a Grant.” SVCF. Accessed March 18, 2023. https://www.siliconvalleycf.org/apply-for-a-grant.
    11. “Discretionary Grantmaking.” SVCF. Accessed March 18, 2023. https://www.siliconvalleycf.org/nonprofits/grants.
    12. “Meet the Team.” SVCF. Accessed March 18, 2023. https://www.siliconvalleycf.org/about/meet-the-team.
    13. “Hal Harvey.” Climate Imperative. Accessed March 18, 2023. https://climateimperative.org/team/hal-harvey/.
    14. Return of Organization Exempt from Income Tax (Form 990). Silicon Valley Community Foundation. 2021. Part VII, Section A – Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees.
    15. [1] “Directors & Advisors.” Climate Imperative. Accessed March 18, 2023. https://climateimperative.org/directors-advisors/.