Non-profit

Pritzker Innovation Fund

Tax ID:

Pr-itzker Innovation Fund

Tax-Exempt Status:

501(c)(3)-PF

Website:

https://www.pritzkerinnovationfund.org/

Location:

Houston, Texas

Type:

Private Grantmaker

Budget (2016):

Revenue: $-35,807

Expenses: $ 1,755,246

Assets: $ 1,806,920 [21]

The Pritzker Innovation Fund is a left-of-center grantmaking organization that makes grants to think tanks, academic organizations, and advocacy organizations that work in the areas of energy and the environment. [1]

It is funded by the fortune of members the Democratic-aligned Pritzker political family, who are heirs to Hyatt Hotels. [2] [3]

Overview

The Pritzker Innovation Fund’s primary focus is in climate and energy policy, especially nuclear power, carbon removal, energy poverty, and sunlight reflection. [4] The fund tries to increase public interest and awareness in these fields by using its website to provide news and other information regarding the climate, energy, and environmental conservation. The fund also makes large monetary donations via grants to organizations that provide programs and services in these fields. [5]

Grantmaking and Partnerships

The Fund is a principal funder of the Energy for Growth Hub alongside the Rockefeller Foundation and the Spitzer Charitable Trust. [6] The Energy for Growth Hub is a global network of researchers, policymakers, and advocates that work in issues related to energy access and consumption. [7] The fund also partners with various organizations such as the Third Way and the Breakthrough Institute. [8]

Third Way is a left-of-center think tank and advocacy organization that works toward achieving its political agenda through advocacy campaigns and research. [9] The Breakthrough Institute is a pro-nuclear-energy environmentalist organization that promotes an alternate environmentalist program it calls “ecomodernism” and seeks to help the environment by making low-carbon energy cheap. [10]

People

Rachel Pritzker Hunter is member of the Pritzker family, a clan of billionaires [11] that founded and operates Hyatt Hotels. [12] She is the daughter of Linda Pritzker, a former member of the Forbes 400 richest Americans list [13] and a major Democratic donor. [14]

Rachel Pritzker Hunter is the president and founder of the Pritzker Innovation Fund [15] and has been involved with other left-of-center organizations such as the Democracy Alliance, Media Matters for America and Third Way. [16] She is also a major Democratic donor in her own right. [17]

Roland Pritzker is the chairman of the Pritzker Innovation Fund. He studied aeronautical engineering at the University of Colorado and sustainable business at the Bainbridge Graduate Institute. [18] He is the brother of Rachel Pritzker. [19]

Mike Berkowitz is a senior advisor of the Pritzker Innovation Fund. He is the co-founder and principal at Third Plateau Social Impact Strategies, a social impact strategy firm. Berkowitz formerly served as a lead consultant to the Democracy Alliance. [20]

References

  1. Pritzker Innovation Fund. Accessed October 29, 2021. https://www.pritzkerinnovationfund.org/. ^
  2. “LittleSis: Linda Pritzker.” LittleSis. Accessed October 29, 2021. https://littlesis.org/person/15238-Linda_Pritzker. ^
  3. “#9 Pritzker family.” Forbes. Accessed October 26, 2021. https://www.forbes.com/profile/pritzker/?sh=5d40a29b70f2. ^
  4. “Pritzker Innovation Fund Inc Information.” RocketReach. Accessed October 29, 2021. https://rocketreach.co/pritzker-innovation-fund-inc-profile_b447789dfadf0f93. ^
  5. PRITZKER INNOVATION FUND.” Trademark Resources :: Justia Trademarks. Accessed October 31, 2021. https://trademarks.justia.com/870/24/pritzker-innovation-87024315.html. ^
  6. Gunther, Marc. “Todd Moss: When It Comes to Energy, Big is Beautiful.” Nonprofit Chronicles. Last modified December 8, 2018. https://nonprofitchronicles.com/2018/12/09/todd-moss-when-it-comes-to-energy-big-is-beautiful/. ^
  7. “Energy for Growth Hub and The Rockefeller Foundation Call for Adoption of New Energy Poverty Metric.” The Rockefeller Foundation. Last modified January 26, 2021. https://www.rockefellerfoundation.org/news/energy-for-growth-hub-and-the-rockefeller-foundation-call-for-adoption-of-new-energy-poverty-metric/. ^
  8. Pritzker Innovation Fund. Accessed October 29, 2021. https://www.pritzkerinnovationfund.org/. ^
  9. “About.” Third Way. Accessed October 29, 2021. https://www.thirdway.org/about. ^
  10. “About.” The Breakthrough Institute. Last modified July 25, 2018. https://thebreakthrough.org/about. ^
  11. Novack, Janet. “Four Of The 400 Richest Make 10 Biggest Political Donors List.” Forbes. Last modified November 12, 2011. https://www.forbes.com/sites/janetnovack/2011/12/13/four-of-the-400-richest-make-10-biggest-political-donors-list/?sh=3277ab916636. ^
  12. “#9 Pritzker family.” Forbes. Accessed October 26, 2021. https://www.forbes.com/profile/pritzker/?sh=5d40a29b70f2. ^
  13. Novack, Janet. “Four Of The 400 Richest Make 10 Biggest Political Donors List.” Forbes. Last modified November 12, 2011. https://www.forbes.com/sites/janetnovack/2011/12/13/four-of-the-400-richest-make-10-biggest-political-donors-list/?sh=3277ab916636. ^
  14. “Browse Individual Contributions.” FEC.gov. Accessed October 29, 2021. https://www.fec.gov/data/receipts/individual-contributions/?contributor_name=Linda+Pritzker. ^
  15. Pritzker Innovation Fund. Accessed October 29, 2021. https://www.pritzkerinnovationfund.org/. ^
  16. “Rachel Pritzker.” The Breakthrough Institute. Last modified July 9, 2018. https://thebreakthrough.org/people/rachel-pritzker. ^
  17. Novack, Janet. “Four Of The 400 Richest Make 10 Biggest Political Donors List.” Forbes. Last modified November 12, 2011. https://www.forbes.com/sites/janetnovack/2011/12/13/four-of-the-400-richest-make-10-biggest-political-donors-list/?sh=3277ab916636. ^
  18. Pritzker Innovation Fund. Accessed October 29, 2021. https://www.pritzkerinnovationfund.org/. ^
  19. “LittleSis: Linda Pritzker.” LittleSis. Accessed October 29, 2021. https://littlesis.org/person/15238-Linda_Pritzker. ^
  20. Pritzker Innovation Fund. Accessed October 29, 2021. https://www.pritzkerinnovationfund.org/. ^
  21. Pritzker Innovation Fund, Return of Organization Exempt from Income Tax (Form 990-PF), 2019. https://projects.propublica.org/nonprofits/display_990/201252591/12_2018_prefixes_16-20201252591_201612_990PF_2018120615976118. ^

Directors, Employees & Supporters

  1. Rachel Pritzker
    Founder and President
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