Attach to Form 990 or Form 990-EZ.
Go to
www.irs.gov/Form990 for the latest information.
| (i) Name of supported organization | (ii) EIN | (iii) Type of organization (described on lines 1- 10 above (see instructions)) | (iv) Is the organization listed in your governing document? | (v) Amount of monetary support (see instructions) | (vi) Amount of other support (see instructions) | |
|---|---|---|---|---|---|---|
| Yes | No | |||||
|
Total |
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Calendar year (or fiscal year beginning in) ![]() |
(a) 2014 | (b) 2015 | (c) 2016 | (d) 2017 | (e) 2018 | (f) Total | |
|---|---|---|---|---|---|---|---|
| 1 | Gifts, grants, contributions, and membership fees received. (Do not include any "unusual grant.") .. | 183,612,607 | 51,804,086 | 49,793,259 | 100,047,059 | 162,762,191 | 548,019,202 |
| 2 | Tax revenues levied for the organization's benefit and either paid to or expended on its behalf.... | ||||||
| 3 | The value of services or facilities furnished by a governmental unit to the organization without charge.. | ||||||
| 4 | Total. Add lines 1 through 3 | 183,612,607 | 51,804,086 | 49,793,259 | 100,047,059 | 162,762,191 | 548,019,202 |
| 5 | The portion of total contributions by each person (other than a governmental unit or publicly supported organization) included on line 1 that exceeds 2% of the amount shown on line 11, column (f).. | 398,996,198 | |||||
| 6 | Public support. Subtract line 5 from line 4. | 149,023,004 | |||||
Calendar year
(or fiscal year beginning in) ![]() |
(a) 2014 | (b) 2015 | (c) 2016 | (d) 2017 | (e) 2018 | (f) Total | |
|---|---|---|---|---|---|---|---|
| 7 | Amounts from line 4.. | 183,612,607 | 51,804,086 | 49,793,259 | 100,047,059 | 162,762,191 | 548,019,202 |
| 8 | Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources... | 54,092 | 66,465 | 28,900 | 46,856 | 81,109 | 277,422 |
| 9 | Net income from unrelated business activities, whether or not the business is regularly carried on.. | ||||||
| 10 | Other income. Do not include gain or loss from the sale of capital assets (Explain in Part VI.).. | 1,800 | 1,800 | ||||
| 11 | Total support. Add lines 7 through 10 | 548,298,424 | |||||
Calendar year (or fiscal year beginning in) ![]() |
(a) 2014 | (b) 2015 | (c) 2016 | (d) 2017 | (e) 2018 | (f) Total | |
|---|---|---|---|---|---|---|---|
| 1 | Gifts, grants, contributions, and membership fees received. (Do not include any "unusual grants.") . | ||||||
| 2 | Gross receipts from admissions, merchandise sold or services performed, or facilities furnished in any activity that is related to the organization's tax-exempt purpose | ||||||
| 3 | Gross receipts from activities that are not an unrelated trade or business under section 513 ..... | ||||||
| 4 | Tax revenues levied for the organization's benefit and either paid to or expended on its behalf... | ||||||
| 5 | The value of services or facilities furnished by a governmental unit to the organization without charge | ||||||
| 6 | Total. Add lines 1 through 5 | ||||||
| 7a | Amounts included on lines 1, 2, and 3 received from disqualified persons | ||||||
| b | Amounts included on lines 2 and 3 received from other than disqualified persons that exceed the greater of $5,000 or 1% of the amount on line 13 for the year. | ||||||
| c | Add lines 7a and 7b.. | ||||||
| 8 | Public support. (Subtract line 7c from line 6.) | ||||||
Calendar year (or fiscal year beginning in) ![]() |
(a) 2014 | (b) 2015 | (c) 2016 | (d) 2017 | (e) 2018 | (f) Total | |
|---|---|---|---|---|---|---|---|
| 9 | Amounts from line 6... | ||||||
| 10a | Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources.. | ||||||
| b | Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975. | ||||||
| c | Add lines 10a and 10b. | ||||||
| 11 | Net income from unrelated business activities not included in line 10b, whether or not the business is regularly carried on. | ||||||
| 12 | Other income. Do not include gain or loss from the sale of capital assets (Explain in Part VI.) .. | ||||||
| 13 | Total support. (Add lines 9, 10c, 11, and 12.).. | ||||||
| Section A - Adjusted Net Income | (A) Prior Year |
(B) Current Year (optional) |
||||
| 1 | Net short-term capital gain | 1 | ||||
| 2 | Recoveries of prior-year distributions | 2 | ||||
| 3 | Other gross income (see instructions) | 3 | ||||
| 4 | Add lines 1 through 3 | 4 | ||||
| 5 | Depreciation and depletion | 5 | ||||
| 6 | Portion of operating expenses paid or incurred for production or collection of gross income or for management, conservation, or maintenance of property held for production of income (see instructions) | 6 | ||||
| 7 | Other expenses (see instructions) | 7 | ||||
| 8 | Adjusted Net Income (subtract lines 5, 6 and 7 from line 4) | 8 | ||||
| Section B - Minimum Asset Amount | (A) Prior Year |
(B) Current Year (optional) |
||||
| 1 | Aggregate fair market value of all non-exempt-use assets (see instructions for short tax year or assets held for part of year): | 1 | ||||
| a | Average monthly value of securities | 1a | ||||
| b | Average monthly cash balances | 1b | ||||
| c | Fair market value of other non-exempt-use assets | 1c | ||||
| d | Total (add lines 1a, 1b, and 1c) | 1d | ||||
| e |
Discount claimed for blockage or other factors (explain in detail in Part VI): |
|||||
| 2 | Acquisition indebtedness applicable to non-exempt use assets | 2 | ||||
| 3 | Subtract line 2 from line 1d | 3 | ||||
| 4 | Cash deemed held for exempt use. Enter 1-1/2% of line 3 (for greater amount, see instructions). | 4 | ||||
| 5 | Net value of non-exempt-use assets (subtract line 4 from line 3) | 5 | ||||
| 6 | Multiply line 5 by .035 | 6 | ||||
| 7 | Recoveries of prior-year distributions | 7 | ||||
| 8 | Minimum Asset Amount (add line 7 to line 6) | 8 | ||||
| Section C - Distributable Amount | Current Year | |||||
| 1 | Adjusted net income for prior year (from Section A, line 8, Column A) | 1 | ||||
| 2 | Enter 85% of line 1 | 2 | ||||
| 3 | Minimum asset amount for prior year (from Section B, line 8, Column A) | 3 | ||||
| 4 | Enter greater of line 2 or line 3 | 4 | ||||
| 5 | Income tax imposed in prior year | 5 | ||||
| 6 | Distributable Amount. Subtract line 5 from line 4, unless subject to emergency temporary reduction (see instructions) | 6 | ||||
| Section D - Distributions | Current Year | |
|---|---|---|
| 1 Amounts paid to supported organizations to accomplish exempt purposes | ||
|
2
Amounts paid to perform activity that directly furthers exempt purposes of supported organizations, in excess of income from activity |
||
| 3 Administrative expenses paid to accomplish exempt purposes of supported organizations | ||
| 4 Amounts paid to acquire exempt-use assets | ||
| 5 Qualified set-aside amounts (prior IRS approval required) | ||
| 6 Other distributions (describe in Part VI). See instructions | ||
| 7Total annual distributions. Add lines 1 through 6. | ||
|
8
Distributions to attentive supported organizations to which the organization is responsive (provide details in Part VI). See instructions |
||
| 9 Distributable amount for 2018 from Section C, line 6 | ||
| 10 Line 8 amount divided by Line 9 amount | ||
| Section E - Distribution Allocations (see instructions) |
(i) Excess Distributions |
(ii) Underdistributions Pre-2018 |
(iii) Distributable Amount for 2018 |
|
|---|---|---|---|---|
|
1
Distributable amount for 2018 from Section C, line 6 |
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|
2
Underdistributions, if any, for years prior to 2018 (reasonable cause required-- explain in Part VI). See instructions. |
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| 3 Excess distributions carryover, if any, to 2018: | ||||
| a From 2013....... | ||||
| b From 2014....... | ||||
| c From 2015....... | ||||
| d From 2016....... | ||||
| e From 2017....... | ||||
| fTotal of lines 3a through e | ||||
| g Applied to underdistributions of prior years | ||||
| h Applied to 2018 distributable amount | ||||
|
i
Carryover from 2013 not applied (see instructions) |
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| j Remainder. Subtract lines 3g, 3h, and 3i from 3f. | ||||
| 4Distributions for 2018 from Section D, line 7: | ||||
| $ | ||||
| a Applied to underdistributions of prior years | ||||
| b Applied to 2018 distributable amount | ||||
| c Remainder. Subtract lines 4a and 4b from 4. | ||||
|
5
Remaining underdistributions for years prior to 2018, if any. Subtract lines 3g and 4a from line 2. If the amount is greater than zero, explain in Part VI. See instructions. |
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|
6
Remaining underdistributions for 2018. Subtract lines 3h and 4b from line 1. If the amount is greater than zero, explain in Part VI. See instructions. |
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|
7 Excess distributions carryover to 2019. Add lines 3j and 4c. |
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| 8 Breakdown of line 7: | ||||
| a Excess from 2014...... | ||||
| b Excess from 2015..... | ||||
| c Excess from 2016..... | ||||
| d Excess from 2017..... | ||||
| e Excess from 2018..... | ||||
| Facts And Circumstances Test |
|---|
| Return Reference | Explanation |
|---|---|
| SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: | MISCELLANEOUS REVENUE - 2016 AMOUNT: $ 1,800. |
| SCHEDULE A, PART II, LINE 17A: | CLIMATEWORKS FOUNDATION, A PUBLIC CHARITY BASED IN THE US, MOBILIZES PHILANTHROPY TO HELP SOLVE THE CLIMATE CRISIS AND ENSURE A PROSPEROUS FUTURE. THE INTERNATIONAL COMMUNITY AGREES THAT THE WORLD MUST HOLD THE INCREASE IN GLOBAL AVERAGE TEMPERATURE THIS CENTURY TO WELL BELOW 2 DEGREES CELSIUS ABOVE PRE-INDUSTRIAL LEVELS WHILE PURSUING EFFORTS TO LIMIT THE TEMPERATURE INCREASE TO 1.5 DEGREES CELSIUS TO REDUCE THE RISK OF DANGEROUS CLIMATE CHANGE. CLIMATEWORKS' ULTIMATE OBJECTIVE IS TO HELP PREVENT DANGEROUS CLIMATE CHANGE BY MAKING A MAJOR CONTRIBUTION TOWARD EMISSIONS REDUCTIONS NEEDED TO LIMIT WARMING TO WELL BELOW 2 DEGREES CELSIUS. THE ORGANIZATION DOES THIS BY MAKING GRANTS TO SUPPORT CLIMATE MITIGATION AND HELPING OTHER CLIMATE FUNDERS COORDINATE TO BE MORE STRATEGIC AND EFFECTIVE IN THEIR PHILANTHROPY. IN ADDITION, CLIMATEWORKS COLLABORATES WITH EXPERTS AT GOVERNMENTAL AND NON-GOVERNMENTAL ORGANIZATIONS WORLDWIDE TO DEVELOP AND SHARE ACTIONABLE DATA AND INSIGHTS INTO THE SCIENTIFIC, TECHNICAL, AND SOCIOECONOMIC LANDSCAPES IN WHICH PHILANTHROPY OPERATES. THESE INSIGHTS HELP CLIMATEWORKS AND ITS PARTNERS SHAPE, MONITOR, EVALUATE, AND REFINE OUR ONGOING EFFORTS. LEVERAGING OUR UNDERSTANDING OF CLIMATE SCIENCE AND OUR ABILITY TO AGGREGATE COMPLEX DATA, CLIMATEWORKS DISSEMINATES INFORMATION TO ADVANCE UNDERSTANDING OF THE DRIVERS OF CLIMATE CHANGE AND INFORM INNOVATIVE PROGRAMS AND INITIATIVES THAT HAVE THE POTENTIAL TO REDUCE EMISSIONS AND PROVIDE A VARIETY OF PUBLIC BENEFITS AT SCALE. TREAS. REG. SEC. 1.170A-9(F)(3)(I)-(III) ESTABLISHES CRITERIA THAT INDICATE THE FACTS AND CIRCUMSTANCES SUPPORTING AN ORGANIZATION'S CONTINUED PUBLIC CHARITY STATUS DESPITE NOT MEETING THE 33 1/3 PERCENT SUPPORT TEST. THESE CRITERIA ARE ADDRESSED BELOW: CRITERIA 1 & 3 - ATTRACTION OF PUBLIC SUPPORT & SOURCES OF SUPPORT: CLIMATEWORKS FOUNDATION EMERGED FROM A STUDY COMMISSIONED BY SIX FOUNDATIONS THAT HAVE BEEN RECOGNIZED AS TAX-EXEMPT UNDER THE IRC SECTION 501(C)(3): THE WILLIAM AND FLORA HEWLETT FOUNDATION, THE DAVID AND LUCILE PACKARD FOUNDATION, THE ENERGY FOUNDATION, THE DORIS DUKE CHARITABLE FOUNDATION, THE JOYCE FOUNDATION, AND THE OAK FOUNDATION, TWO OF WHICH (HEWLETT AND PACKARD FOUNDATIONS) JOINED THE MCKNIGHT FOUNDATION IN PROVIDING THE INITIAL FUNDING TO CLIMATEWORKS IN 2008. SINCE THAT TIME, CLIMATEWORKS' FUNDRAISING STAFF MEMBERS (AT ITS PEAK A HEADCOUNT OF SEVEN) HAVE MAINTAINED A BONA FIDE PROGRAM FOR TARGETED SOLICITATIONS FROM MAJOR FUNDERS IN THE ENVIRONMENTAL ARENA, PROGRESSIVELY INCREASING OUR FUNDER BASE OF MAJOR DONORS FROM THE REFERENCED THREE IN 2008 TO 19 IN 2018. SEVERAL MAJOR FUNDERS CONTINUE TO PROVIDE ONGOING SUPPORT. ALTHOUGH CLIMATEWORKS HAD LIMITED ITS SOLICITATION TO PERSONS DEEMED MOST LIKELY TO PROVIDE SUFFICIENT SEED MONEY FOR THE SCOPE OF ITS AMBITIONS, A FEW SMALLER CONTRIBUTIONS FROM THE GENERAL PUBLIC WERE RECEIVED. CRITERION 2 - PERCENTAGE OF FINANCIAL SUPPORT: CLIMATEWORKS' PUBLIC SUPPORT PERCENTAGE FOR THE 2018 REPORTING YEAR IS 27.18, UP SUBSTANTIALLY FROM 22.41 PERCENT IN 2017, DUE TO CLIMATEWORKS' SUCCESS IN BROADENING AND DIVERSIFYING ITS FUNDING. CRITERION 4 - REPRESENTATIVE GOVERNING BODY: SINCE ITS OUTSET CLIMATEWORKS HAS BEEN GOVERNED BY A DIVERSE BOARD OF DIRECTORS, A BODY ESTABLISHED BY CLIMATEWORKS' ARTICLES OF INCORPORATION AND OPERATED THROUGH ITS BYLAWS. THE BOARD'S CURRENT COMPOSITION REPRESENTS TARGETED EXPERTISE IN PHILANTHROPY, SCIENCE, INTERNATIONAL RELATIONS, AND ENERGY. DIRECTORS INCLUDE PRESIDENTS OF TWO OF THE LARGEST ENVIRONMENTAL GRANTMAKERS IN THE UNITED STATES, THE VICE CHAIR OF AN INTERNATIONAL FOUNDATION FOCUSED ON CLIMATE CHANGE, THE FORMER DEAN OF THE STANFORD SCHOOL OF EARTH SCIENCES, AND A FORMER ASSISTANT SECRETARY OF POLICY AT THE U.S. DEPARTMENT OF ENERGY. THIS COMBINATION OF BOARD EXPERTISE PROVIDES A PROFOUND KNOWLEDGE BASE THAT IS CRITICAL IN GOVERNING AND GUIDING CLIMATEWORKS IN SERVICE OF OUR MISSION. CRITERION 5 - AVAILABILITY OF PUBLIC SERVICES: IN 2018, WE LAUNCHED SEVERAL UPGRADES TO OUR CLIMATEWORKS TRACKER - A PUBLIC WEBSITE THAT PROVIDES DATA FROM THE CLIMATEWORKS' CARBON TRANSPARENCY INITIATIVE (CTI) AND ALLOWS USERS TO EVALUATE CURRENT PROGRESS ON GHG EMISSION TRENDS AT A GLANCE. THE SITE NOW INCLUDES FIVE DASHBOARDS THAT VISUALIZE DATA FROM THE MODELS, AND PEOPLE CAN DOWNLOAD ALL THE DATA FROM THE MODELS AS WELL AS REQUEST TO DOWNLOAD THE MODELS THEMSELVES. WE ALSO MADE THE SITE AVAILABLE IN PORTUGESE. SEE MORE AT: HTTPS://CTI.CLIMATEWORKS.ORG/. CLIMATEWORKS RELEASED SEVEN NEW REPORTS AND TOOLS THAT WERE MADE AVAILABLE FOR THE PUBLIC. EXAMPLES INCLUDE: (I) 2050 TODAY: RESEARCH AND STRATEGIES FOR MID-CENTURY DECARBONIZATION (AVAILABLE AT WWW.CLIMATEWORKS.ORG/2050-TODAY). THIS REPORT SETS OUT A MULTI-TRACK APPROACH TOWARD ACHIEVING NET-ZERO EMISSIONS BY MID-CENTURY BY FOCUSING ON FIVE KEY APPROACHES FOR PHILANTHROPY: 1) ACCELERATE CLEAN ELECTRICITY AND END-USE ELECTRIFICATION; 2) SCALE CARBON DIOXIDE REMOVAL; 3) FOCUS ON FOOD AND AGRICULTURE; 4) EMBRACE PEOPLE-CENTERED STRATEGIES; AND 5) PURSUE GLOBAL TIPPING POINTS. (II) BROADENING THE DIALOGUE: EXPLORING ALTERNATIVE FUTURES TO INFORM CLIMATE ACTION (AVAILABLE AT HTTPS://WWW.CLIMATEWORKS.ORG/REPORT/ALTERNATIVE-FUTURES-REPORT/). THIS REPORT COVERS TRENDS, EMERGING DEVELOPMENTS, AND WILDCARDS: CRITICAL DRIVERS THAT ARE LIKELY TO SHAPE THE NEXT FEW DECADES; DIFFERENT POSSIBLE FUTURES THAT POSE CHALLENGESAND OFFER OPPORTUNITIES FOR DECARBONIZATION BETWEEN NOW AND 2050; AND POSSIBILITIES FOR HOW DIFFERENT PROGRAMS AND STRATEGIES FOR CLIMATE ACTION MAY FARE IN AN UNCERTAIN FUTURE. (III) GLOBAL CLIMATE IMPACT FROM HOSPITAL COOLING (AVAILABLE AT: HTTPS://WWW.CLIMATEWORKS.ORG/REPORT/HOSPITAL-COOLING-REPORT/), PREPARED BY THE KIGALI COOLING EFFICIENCY PROGRAM, A CLIMATEWORKS INITIATIVE, AND CO-AUTHORED BY HOVLAND CONSULTING LLC AND HEALTH CARE WITHOUT HARM WITH INPUT FROM THE NATURAL RESOURCES DEFENSE COUNCIL, WHICH ANALYZES THE SIGNIFICANT AND RISING CLIMATE IMPACT FROM HOSPITAL COOLING AND RECOMMENDS ACTIONS TO REDUCE THESE EMISSIONS. |
| Software ID: | |
| Software Version: |
Attach to Form 990 or 990-EZ.
Go to www.irs.gov/Form990 for the latest information.
| Return Reference | Explanation |
|---|---|
| FORM 990, PART III, LINE 1A: | CLIMATEWORKS FOUNDATION MOBILIZES PHILANTHROPY TO HELP SOLVE THE CLIMATE CRISIS AND ENSURE A PROSPEROUS FUTURE. TO DO THIS, WE: (I) PROVIDE GLOBAL ANALYSIS AND INSIGHTS: PROVIDING DATA-RICH INFORMATION AND ANALYSIS TO GIVE A GLOBAL VIEW OF THE CLIMATE FIELD AND ACTIONABLE INSIGHTS TO FUNDERS. OUR GLOBAL VIEW INCLUDES GREENHOUSE GAS MITIGATION OPPORTUNITIES, FUNDING FLOWS, STRATEGIC INITIATIVES, THE GRANTEE LANDSCAPE, AND PROGRESS TRACKING. (II) FACILITATE FUNDER COORDINATION AND COLLABORATION AMONG INFLUENTIAL PHILANTHROPIC FUNDERS BY CREATING OPPORTUNITIES FOR THEM TO INTERACT WITH THEIR PEERS, COMPARE STRATEGIES, GENERATE IDEAS, AND COORDINATE INVESTMENTS THAT TARGET THE BIGGEST DRIVERS OF GLOBAL CLIMATE CHANGE. (III) MAKE STRATEGIC GRANTS THAT SUPPORT SELECT GLOBAL AND TRANSNATIONAL INITIATIVES, WITH A FOCUS ON EXPERIMENTAL AND EMERGING STRATEGIES AND IN COLLABORATION WITH OTHER GRANTMAKERS. (IV) WORK WITH PARTNERS TO EXPAND GLOBAL CLIMATE PHILANTHROPY, IN KEEPING WITH THE SCALE OF TRANSFORMATION NEEDED TO ADDRESS CLIMATE CHANGE. |
| FORM 990, PART III, LINE 4A: | OVERVIEW: IN 2018, THROUGH OUR GLOBAL GRANTMAKING AND GLOBAL VIEW INTELLIGENCE SERVICES, CLIMATEWORKS FOUNDATION WORKED TO EXPEDITE PROVEN CLEAN ENERGY AND DECARBONIZATION STRATEGIES, SPUR INNOVATION, AND SUPPORT ORGANIZATIONS WORKING TO PROTECT THE AIR WE BREATHE AND THE COMMUNITIES WE CALL HOME. TOGETHER WITH POLICYMAKERS, ADVOCATES, BUSINESSES, FOUNDATIONS, AND OTHER CLIMATE LEADERS, CLIMATEWORKS HELPED ACHIEVE A NUMBER OF SIGNIFICANT ADVANCES ON CLIMATE POLICY, DEEPENED PHILANTHROPIC INVESTMENTS, AND DEVELOPED NEW STRATEGIES TO FURTHER ACCELERATE CLIMATE MITIGATION EFFORTS ON A GLOBAL SCALE. THESE INCLUDED: (I) SECURED AGREEMENTS FROM MORE THAN 60+ CEOS, STATE AND REGIONAL LEADERS, AND MAYORS TO COMMIT TO A 100% ZERO-EMISSION TRANSPORT FUTURE BY 2030 (TRANSPORTATION PORTFOLIO); (II) SUPPORTED EFFORTS IN BRAZIL, RWANDA, AND KENYA TO PASS MINIMUM EFFICIENCY PERFORMANCE STANDARDS FOR AIR-CONDITIONING (COOLING/K-CEP PORTFOLIO); (III) HELPED CALIFORNIA REQUIRE PENSION FUNDS TO ASSESS CLIMATE RISK (SUSTAINABLE FINANCE PORTFOLIO): (IV) ADVOCATED FOR THE INTERNATIONAL MARITIME ORGANIZATION TO ADOPT THE FIRST GLOBAL CLIMATE FRAMEWORK FOR SHIPPING, CALLING FOR AN EMISSIONS CUT OF AT LEAST 50% BY 2050 (TRANSPORTATION PORTFOLIO); (V) WORKED FOR ADOPTION BY THE INTERNATIONAL CIVIL AVIATION ORGANIZATION OF MONITORING STANDARDS AND RULES FOR THE CARBON OFFSETTING AND REDUCTION SCHEME FOR INTERNATIONAL AVIATION (TRANSPORTATION PORTFOLIO); (VI) HELPED CANADA AND MEXICO TO ADOPT FINAL RULES TO REDUCE METHANE LEAKAGE FROM OIL AND GAS PRODUCTION (NON-CO2 PORTFOLIO); (VII) LAUNCHED THE CARBON DIOXIDE REMOVAL FUND, RAISING $2.0 MILLION IN 2018; (VIII) CLIMATEWORKS HELPED LAUNCH THE INDIA ELECTRIC MOBILITY INITIATIVE, A COLLABORATION OF SEVEN FUNDERS WITH APPROXIMATELY $8.0 MILLION COMMITTED TO DATE; (IX) EXPANDED HEALTH AND CLIMATE FAST-START FUND: $2.1 MILLION RAISED FROM SIX DONORS AND ALIGNED GRANTS WITH OTHER FUNDERS TO INCREASE THE IMPACT OF OUR GRANTMAKING; (X) JOINED A COALITION OF NINE FOUNDATIONS COMMITTED TO SPENDING $459.0 MILLION OVER THE NEXT FOUR YEARS TO SUPPORT FORESTS, INDIGENOUS RIGHTS, AND SUSTAINABLE LAND USE AS PRIORITIES FOR COMBATING CLIMATE CHANGE; (XI) HELPED ORCHESTRATE $4.0 BILLION IN PHILANTHROPIC COMMITMENTS FOR CLIMATE-RELATED INVESTMENTS OVER THE NEXT FIVE YEARS FROM 29 FUNDERS, ANNOUNCED AT GLOBAL CLIMATE ACTION SUMMIT; (XII) INCUBATED THE CLIMATE LEADERSHIP INITIATIVE (CLI), A COLLABORATIVE EFFORT AMONG LEADING CLIMATE FUNDERS DESIGNED TO DRAMATICALLY INCREASE PHILANTHROPIC INVESTMENTS FOCUSED ON CLIMATE SOLUTIONS; (XIII) LAUNCHED THE INDEPENDENT GLOBAL STOCKTAKE (IGST) TO BRING TOGETHER A GLOBAL COMMUNITY OF CLIMATE RESEARCHERS, MODELERS, AND ADVOCATES TO COORDINATE AND ALIGN IN ADVANCE OF THE FIRST GLOBAL STOCKTAKE MANDATED BY ARTICLE 14 OF THE PARIS AGREEMENT IN 2023; (XIV) CONVENED GROUPS TO CONTINUE OUR COLLABORATIVE EFFORTS TO IDENTIFY THE POTENTIAL OF, MEASURE, AND SPUR NON-PARTY ACTION AT THE COP 24 CONFERENCE IN KATOWICE, POLAND; AND (XV) DEVELOPED THE 2050 FRAMEWORK FOR POLICY SCENARIOS AND RECOMMENDATIONS AND HOSTED THE 2050 TODAY SUMMIT HELD IN SAN FRANCISCO. FOR A COMPLETE SUMMARY OF CLIMATEWORKS' 2018 ACTIVITIES AND IMPACT, VISIT HTTPS://WWW.CLIMATEWORKS.ORG/REPORT/2018-ANNUAL-REPORT/. GRANTMAKING: CLIMATEWORKS BUILDS INNOVATIVE, COLLABORATIVE GRANTMAKING PLATFORMS AND MAKES GRANTS GLOBALLY TO DRIVE BIG CLIMATE SOLUTIONS. WE UTILIZE OUR GLOBAL VIEW INTELLIGENCE, GLOBAL NETWORKS, AND FUNDER PARTNERSHIPS TO INFORM STRATEGY DEVELOPMENT AND GRANTMAKING PRIORITIES. NIMBLENESS AND RISK-TAKING ARE HALLMARKS OF OUR APPROACH. WE MOVE QUICKLY TO CREATE AND RESPOND TO OPPORTUNITIES. WE SUPPORT LEADING-EDGE IDEAS, FUNDING GREAT PEOPLE TO DEVELOP CONCEPTS, STRATEGIES, AND CAPACITIES THAT OPEN NEW CLIMATE INVESTMENT OPPORTUNITIES FOR OTHER FUNDERS. WE ALSO ACTIVELY ADVISE AND COLLABORATE WITH OTHER GRANTMAKERS TO BETTER ALIGN RESOURCES AROUND PRIORITY STRATEGIES. GRANTMAKING TARGETS OPPORTUNITIES WITH THE BIGGEST POTENTIAL TO SPUR CLIMATE ACTION. CLIMATEWORKS' GRANT PORTFOLIOS OFFER FUNDERS, GRANTEES, AND PARTNERS A RANGE OF OPPORTUNITIES TO TAKE ACTION ON CLIMATE CHANGE, AND SUPPORTS THEM WITH EXPERTISE, INSIGHTS, AND CAPACITY TO MAKE OUR COLLECTIVE EFFORTS MORE STRATEGIC AND EFFECTIVE. OUR SPECIALIZED PORTFOLIOS WORK BOTH INDIVIDUALLY AND COLLECTIVELY TO TARGET OPPORTUNITIES IN AREAS THAT DEMONSTRATE THE BIGGEST POTENTIAL FOR MITIGATING CLIMATE CHANGE, INCLUDING: BUILDINGS & INDUSTRY; CARBON DIOXIDE REMOVAL; CLEAN POWER; COOLING; FORESTS & LAND USE; INTERNATIONAL ENGAGEMENT; MISSION INVESTING; NON-CO2 MITIGATION; SUSTAINABLE FINANCE; AND TRANSPORTATION. GLOBAL VIEW: CLIMATEWORKS OFFERS CLIMATE PHILANTHROPISTS A GLOBAL VIEW OF THE FIELD. WE PROVIDE DATA-RICH INTELLIGENCE, INSIGHTS, AND ADVISORY SERVICES DESIGNED TO SPARK IDEAS AND HELP CLIMATE FUNDERS DEPLOY RESOURCES FOR MAXIMUM IMPACT. OUR GLOBAL PERSPECTIVE HELPS PHILANTHROPISTS IDENTIFY HOW THEY CAN BEST CONTRIBUTE TO THE BROADER EFFORT TO ADDRESS CLIMATE CHANGE. OUR GLOBAL VIEW INTELLIGENCE INCLUDES THE CLIMATE PHILANTHROPY LANDSCAPE, FUNDING FLOWS, TOPICAL ANALYSES AND STRATEGY BRIEFS, GHG MITIGATION OPPORTUNITIES, AND PROGRESS TRACKING. THIS UNIQUE COLLECTION OF INFORMATION AND INSIGHTS IS DEVELOPED BY OUR IN-HOUSE EXPERTS, IN COLLABORATION WITH REGIONAL FOUNDATIONS, RESEARCH ORGANIZATIONS, AND OTHER PARTNERS ACROSS THE WORLD. IN 2018 CLIMATEWORKS OFFERED TIMELY, RELEVANT INTELLIGENCE, AND A UNIQUE LENS INTO THE ACTIVITIES ON THE GROUND WHERE WE ARE MAKING ADVANCEMENTS, UNCOVERING OPPORTUNITIES TO SCALE, AND IDENTIFYING WHERE DEEPER INVESTMENTS ARE NEEDED IN CLIMATE CHANGE. TO SUPPORT THESE EFFORTS, IN 2018 CLIMATEWORKS PUBLISHED 2050 TODAY: RESEARCH AND STRATEGIES FOR MID-CENTURY DECARBONIZATION (AVAILABLE AT WWW.CLIMATEWORKS.ORG/2050-TODAY). THE REPORT SETS OUT A MULTI-TRACK APPROACH TOWARD ACHIEVING NET-ZERO EMISSIONS BY MID-CENTURY BY FOCUSING ON FIVE KEY APPROACHES FOR PHILANTHROPY: 1) ACCELERATE CLEAN ELECTRICITY AND END-USE ELECTRIFICATION; 2) SCALE CARBON DIOXIDE REMOVAL; 3) FOCUS ON FOOD AND AGRICULTURE; 4) EMBRACE PEOPLE-CENTERED STRATEGIES; AND 5) PURSUE GLOBAL TIPPING POINTS. THIS PUBLICATION, ALONG WITH CLIMATEWORKS' ENTIRE PORTFOLIO OF GLOBAL INTELLIGENCE OFFERINGS, HELPS TO DIRECT PHILANTHROPIC INVESTMENTS TOWARD STRATEGIES THAT DRIVE DEEP REDUCTIONS IN GREENHOUSE GAS EMISSIONS. |
| FORM 990, PART III, LINE 4B: | IN 2018, CLIMATEWORKS AND ITS PARTNERS CONTINUED TO SUPPORT THE KIGALI COOLING EFFICIENCY PROGRAM (K-CEP), A PHILANTHROPIC COLLABORATIVE THAT WORKS IN TANDEM WITH THE KIGALI AMENDMENT OF THE MONTREAL PROTOCOL BY HELPING DEVELOPING COUNTRIES TRANSITION TO ENERGY-EFFICIENT, CLIMATE-FRIENDLY, AND AFFORDABLE COOLING SOLUTIONS. K-CEP'S PROGRAM OFFICE, THE EFFICIENCY COOLING OFFICE, IS HOUSED AT CLIMATEWORKS FOUNDATION AND IS RESPONSIBLE FOR STRATEGY DEVELOPMENT, GRANTMAKING, REPORTING, AND PROGRAM MANAGEMENT. THROUGH K-CEP, IN 2018 CLIMATEWORKS AWARDED 21 GRANTS TOTALING $15.8 MILLION TO 18 GRANTEES FOCUSED ON THE ENERGY EFFICIENCY OF COOLING IN ORDER TO DOUBLE THE CLIMATE BENEFITS AND SIGNIFICANTLY INCREASE THE DEVELOPMENT BENEFITS OF THE KIGALI AMENDMENT TO PHASE DOWN HYDROFLUOROCARBONS (HFCS). IN 2018, K-CEP AND ITS GRANTEES SUPPORTED 24 NATIONS TO DEVELOP NATIONAL COOLING PLANS, THE TRAINING OF 160 NATIONAL ENERGY POLICYMAKERS AND 261 NATIONAL OZONE OFFICERS, 14 INDUSTRY PARTNERSHIPS TO IMPROVE COOLING EFFICIENCY, AND EFFORTS TO UNLOCK SIGNIFICANT CAPITAL FOR CLEAN COOLING INVESTMENT. MORE INFORMATION ABOUT K-CEP'S 2018 RESULTS IS AVAILABLE AT WWW.K-CEP.ORG/YEAR-TWO-REPORT. |
| FORM 990, PART III, LINE 4C: | IN 2018, CLIMATEWORKS FOUNDATION ADVANCED LAND-USE POLICIES AND PRACTICES THAT MITIGATE CLIMATE CHANGE, BENEFIT PEOPLE, AND PROTECT THE ENVIRONMENT THROUGH ITS SUPPORT FOR AND ADMINISTRATION OF THE CLIMATE AND LAND USE ALLIANCE (CLUA), A COLLABORATIVE PHILANTHROPIC INITIATIVE. IN 2018, CLUA IMPLEMENTED THE FIRST YEAR OF ITS 2018-2022 STRATEGY, INCLUDING RAMPING UP NEW WORKSTREAMS, CONTINUING THE WORK OF ESTABLISHED INITIATIVES, AND FINALIZING THE FIRST ORGANIZATIONAL PLAN TO HELP OPERATIONALLY DELIVER ON STRATEGIC OBJECTIVES. THROUGH CLUA, IN 2018 CLIMATEWORKS MADE 54 GRANTS TOTALING $15.4 MILLION TO 48 GRANTEES FOCUSED ON HALTING AND REVERSING FOREST LOSS, ADVANCING SUSTAINABLE LAND USE AND DEVELOPMENT, AND SECURING THE RIGHTS AND LIVELIHOODS OF INDIGENOUS AND FOREST COMMUNITIES. AT THE GLOBAL CLIMATE ACTION SUMMIT IN SEPTEMBER 2018, NINE FOUNDATIONS, INCLUDING THE FOUR CLUA MEMBER FOUNDATIONS, PLEDGED $459.0 MILLION TO SUPPORT FORESTS, RIGHTS, AND LANDS, EMPHASIZING THOSE PRIORITIES FOR COMBATING CLIMATE CHANGE. ADDITIONALLY, CLUA MEMBERS JOINED WITH 14 FOUNDATIONS IN SIGNING A SHARED STATEMENT AFFIRMING THEIR COMMITMENT TO SUPPORTING THE CRITICAL ROLE FORESTS AND SUSTAINABLE LAND USE, AND INDIGENOUS GUARDIANSHIP OF THESE PLACES, PLAY IN THE FIGHT AGAINST CLIMATE CHANGE. |
| FORM 990, PART VI, SECTION A, LINE 3 | DURING 2018, THE ORGANIZATION CONTRACTED WITH CHRIS ELLIOTT, AN INDEPENDENT CONTRACTOR BASED IN FRANCE, TO FULFILL THE ROLE OF "EXECUTIVE DIRECTOR OF THE CLIMATE AND LAND USE ALLIANCE", A KEY EMPLOYEE POSITION WITHIN THE ORGANIZATION. COMPENSATION PAID TO CHRIS DURING THE 2018 TAX YEAR IN EXCHANGE FOR THESE SERVICES TOTALED $454,886. |
| FORM 990, PART VI, SECTION B, LINE 11B | THE FORM 990 IS PREPARED JOINTLY BY CLIMATEWORKS FOUNDATION STAFF AND AN OUTSIDE ACCOUNTING FIRM. THE DRAFT IS REVIEWED BY THE VICE PRESIDENT OF FINANCE & ADMINISTRATION/TREASURER, PRESIDENT & CHIEF EXECUTIVE OFFICER, AND GENERAL COUNSEL. CLIMATEWORKS' FINANCIAL MANAGEMENT AND THE ACCOUNTING FIRM'S TAX LEAD REVIEWS THE DRAFT WITH CLIMATEWORKS' AUDIT COMMITTEE. THE AUDIT COMMITTEE RECOMMENDS APPROVAL OF THE RETURN TO THE BOARD, WHO RECEIVES THE FORM 990 PRIOR TO FILING WITH THE INTERNAL REVENUE SERVICE. |
| FORM 990, PART VI, SECTION B, LINE 12C | CLIMATEWORKS FOUNDATION'S POLICY REQUIRES THAT ANY APPARENT OR POTENTIAL CONFLICTS OF INTEREST BE FULLY DISCLOSED BEFORE A DECISION IS MADE ON THE MATTER INVOLVED, AND THAT NO DIRECTOR, OFFICER, OR STAFF MEMBER PARTICIPATE (OTHER THAN BY PROVIDING INFORMATION) IN ANY DECISION IN WHICH HE OR SHE HAS A CONFLICT OF INTEREST. CLIMATEWORKS' CONFLICT OF INTEREST POLICY IS INCLUDED AS PART OF THE FORMAL ORIENTATION FOR ALL NEW BOARD OF DIRECTORS, OFFICERS, AND STAFF. ADDITIONALLY, ALL OFFICERS, DIRECTORS, AND STAFF ARE REQUIRED TO COMPLETE AN ANNUAL CONFLICT OF INTEREST DISCLOSURE STATEMENT. POTENTIAL OFFICER AND BOARD MEMBER CONFLICTS ARE REVIEWED BY THE CHAIR OF THE BOARD, WHO WILL INVESTIGATE THE FACTS, SEEK ADVICE FROM OUTSIDE COUNSEL AS NECESSARY, AND REPORT BACK TO THE BOARD AT THE TIME IT CONSIDERS THE TRANSACTION. AN INTERESTED DIRECTOR OR OFFICER WILL NOT PARTICIPATE IN DELIBERATIONS OR THE VOTE. POTENTIAL STAFF MEMBER CONFLICTS ARE REVIEWED BY THE PRESIDENT & CHIEF EXECUTIVE OFFICER, WHO WILL INVESTIGATE THE FACTS, SEEK ADVICE FROM OUTSIDE COUNSEL AS NECESSARY, AND TAKE APPROPRIATE ACTION IN ACCORDANCE WITH THE POLICY. |
| FORM 990, PART VI, SECTION B, LINE 15 | THE BOARD ANNUALLY REVIEWS THE COMPENSATION OF THE PRESIDENT AND CHIEF EXECUTIVE OFFICER AND APPROVES CHANGES. CONSISTENT WITH ITS CONFLICT OF INTEREST POLICY, THE PRESIDENT AND CHIEF EXECUTIVE OFFICER, WHO IS ALSO A DIRECTOR, DID NOT PARTICIPATE IN ANY BOARD DELIBERATIONS OR VOTES REGARDING HER COMPENSATION. THE BOARD APPROVES CHANGES TO THE VICE PRESIDENT FOR FINANCE & ADMINISTRATION/TREASURER'S COMPENSATION, UNLESS THE CHANGE APPLIES TO SUBSTANTIALLY ALL EMPLOYEES. THE BOARD USES THIRD-PARTY COMPENSATION SURVEYS AND COMPENSATION INFORMATION OF COMPARABLE ORGANIZATIONS, INCLUDING OTHER FOUNDATIONS, PUBLIC CHARITIES, AND NGOS TO BENCHMARK COMPENSATION FOR THESE POSITIONS. CLIMATEWORKS FOUNDATION DOCUMENTS THE DELIBERATIONS REGARDING COMPENSATION IN MINUTES OF THE MEETINGS OF ITS BOARD. COMPENSATION FOR KEY EMPLOYEES IS REVIEWED ANNUALLY BY DIRECT SUPERVISORS, WITH FINAL REVIEW BY THE PRESIDENT AND CHIEF EXECUTIVE OFFICER. THIRD-PARTY SURVEYS, COMPILING DATA FROM OTHER FOUNDATIONS, PUBLIC CHARITIES, AND NGOS ARE USED TO BENCHMARK COMPENSATION FOR EACH POSITION. |
| FORM 990, PART VI, SECTION C, LINE 18 | CLIMATEWORKS FOUNDATION PROVIDES A COPY OF THE FORM 990 DIRECTLY TO GUIDESTAR TO PUBLISH ON ITS WEBSITE, IN ADDITION TO POSTING THE FORM 990 ON ITS WEBSITE AND PROVIDING A COPY OF THE FORM 990 UPON REQUEST BY THE GENERAL PUBLIC. |
| FORM 990, PART VI, SECTION C, LINE 19 | CLIMATEWORKS MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND AUDITED FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. |
| FORM 990, PART IX, LINE 11G | PROGRAM CONSULTING: PROGRAM SERVICE EXPENSES 9,867,252. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 9,867,252. PROGRAM MEASUREMENT & EVALUATION: PROGRAM SERVICE EXPENSES 472,699. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 472,699. COMMUNICATIONS: PROGRAM SERVICE EXPENSES 797,200. MANAGEMENT AND GENERAL EXPENSES 329,565. FUNDRAISING EXPENSES 24,522. TOTAL EXPENSES 1,151,287. TEMPORARY STAFFING: PROGRAM SERVICE EXPENSES 478,182. MANAGEMENT AND GENERAL EXPENSES 124,756. FUNDRAISING EXPENSES 32,541. TOTAL EXPENSES 635,479. RECRUITING: PROGRAM SERVICE EXPENSES 32,362. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 32,362. CONSULTING AND PROFESSIONAL SERVICES: PROGRAM SERVICE EXPENSES 458,773. MANAGEMENT AND GENERAL EXPENSES 5,649. FUNDRAISING EXPENSES 4,692. TOTAL EXPENSES 469,114. |
| FORM 990, PART XI, LINE 9: | REVERSAL OF PRIOR YEAR GRANTS 138. ADJUSTMENT TO PRIOR YEAR CONTRIBUTION DUE TO CURRENCY TRANSLATION -10,988. |
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