Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
right arrowDo not enter social security numbers on this form as it may be made public.
right arrowGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0047
2023
Open to Public Inspection
For calendar year 2023, or tax year beginning 01-01-2023 , and ending 12-31-2023
Name of foundation
GROWALD CLIMATE FUND INC
 
Number and street (or P.O. box number if mail is not delivered to street address)1 HARVARD STREET 202
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
BROOKLINE, MA02445
A Employer identification number

46-4209325
B Telephone number (see instructions)

(802) 238-8062
C right arrow
G Check all that apply:

D 1. Foreign organizations, check here............. right arrow
2. Foreign organizations meeting the 85%
test, check here and attach computation ... right arrow
E right arrow
H Check type of organization:
F right arrow
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)right arrow$22,766,935J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule) 28,844,908
2 Check right arrow.............
3 Interest on savings and temporary cash investments 216,601 216,601 216,601
4 Dividends and interest from securities... 370,017 370,017 370,017
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 -47,713
b Gross sales price for all assets on line 6a 4,627,489
7 Capital gain net income (from Part IV, line 2)... 3,256,018
8 Net short-term capital gain......... 0
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule).......      
12 Total. Add lines 1 through 11........ 29,383,813 3,842,636 586,618
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 295,165 0 0 295,165
14 Other employee salaries and wages...... 2,292,826 0 0 2,292,826
15 Pension plans, employee benefits....... 549,236 0 0 549,236
16a Legal fees (attach schedule)......... Click to see attachment
List of Attached Documents:
// Content
34,981 0 0 34,981
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
27,835 0 0 27,835
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
13,653 13,653 13,653 0
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
51,000 0 0 0
19 Depreciation (attach schedule) and depletion... Click to see attachment
List of Attached Documents:
// Content
6,816 255 6,816
20 Occupancy.............. 165,939 0 0 165,939
21 Travel, conferences, and meetings....... 351,740 0 0 351,740
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
1,987,153 0 0 1,987,153
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 5,776,344 13,908 20,469 5,704,875
25 Contributions, gifts, grants paid....... 28,245,496 28,245,496
26 Total expenses and disbursements. Add lines 24 and 25 34,021,840 13,908 20,469 33,950,371
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -4,638,027
b Net investment income (if negative, enter -0-) 3,828,728
c Adjusted net income (if negative, enter -0-)... 566,149
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2023)
Form 990-PF (2023)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing............. 1,284,892 2,187,342 2,187,342
2 Savings and temporary cash investments......... 7,422,961 14,067,409 14,067,409
3 Accounts receivable right arrow14,285
Less: allowance for doubtful accounts right arrow   75,616 14,285 14,285
4 Pledges receivable right arrow  
Less: allowance for doubtful accounts right arrow        
5 Grants receivable................. 10,581,613    
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) right arrow  
Less: allowance for doubtful accounts right arrow        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges.......... 637,053 622,053 622,053
10a Investments—U.S. and state government obligations (attach schedule) 1,398,781 Click to see attachment
List of Attached Documents:
// Content
3,268,048 		3,268,048
b Investments—corporate stock (attach schedule).......      
c Investments—corporate bonds (attach schedule)....... 682,087 Click to see attachment
List of Attached Documents:
// Content
1,566,947 		1,566,947
11 Investments—land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 0 Click to see attachment
List of Attached Documents:
// Content
378,768 		378,768
14 Land, buildings, and equipment: basis right arrow268,917
Less: accumulated depreciation (attach schedule) right arrow50,373 23,805 Click to see attachment
List of Attached Documents:
// Content
218,544 		218,544
15 Other assets (describe right arrow) Click to see attachment
List of Attached Documents:
// Content
421,843 		Click to see attachment
List of Attached Documents:
// Content
443,539 		Click to see attachment
List of Attached Documents:
// Content
443,539
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 22,528,651 22,766,935 22,766,935
Liabilities 17 Accounts payable and accrued expenses.......... 225,669 298,670
18 Grants payable................. 3,098,273 7,744,174
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe right arrow) Click to see attachment
List of Attached Documents:
// Content
411,873 		Click to see attachment
List of Attached Documents:
// Content
447,284
23 Total liabilities (add lines 17 through 22)......... 3,735,815 8,490,128
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here right arrow
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions........... 18,211,223 13,741,057
25 Net assets with donor restrictions............ 581,613 535,750
Foundations that do not follow FASB ASC 958, check here right arrow
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........    
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds    
29 Total net assets or fund balances (see instructions)..... 18,792,836 14,276,807
30 Total liabilities and net assets/fund balances (see instructions). 22,528,651 22,766,935
Part III
Analysis of Changes in Net Assets or Fund Balances
1
Total net assets or fund balances at beginning of year—Part II, column (a), line 29 (must agree with end-of-year figure reported on prior year’s return) ...............
1
18,792,836
2
Enter amount from Part I, line 27a .....................
2
-4,638,027
3
Other increases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
3
121,998
4
Add lines 1, 2, and 3 ..........................
4
14,276,807
5
Decreases not included in line 2 (itemize) right arrow
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
14,276,807
Form 990-PF (2023)
Form 990-PF (2023)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)		 (b)
How acquired
P—Purchase
D—Donation 		(c)
Date acquired
(mo., day, yr.) 		(d)
Date sold
(mo., day, yr.)
1 a PUBLICALLY TRADED SECURITIES P    
b MERCK & CO INC. .COM D    
c LOSS ON DISPOSAL OF ASSETS P    
d LOSS ON DISPOSAL OF ASSETS P    
e
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 1,317,370   1,368,777 -51,407
b 3,310,119   2,694 3,307,425
c   6,157 6,157 0
d   1,029 1,029 0
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69 		(j)
Adjusted basis
as of 12/31/69 		(k)
Excess of col. (i)
over col. (j), if any
a       -51,407
b       3,307,425
c       0
d       0
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 3,256,018
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 ................... 		Bracket 3 -51,407
Part V
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a Exempt operating foundations described in section 4940(d)(2), check here right arrow and enter “N/A" on line 1. Bracket for line 1a
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions) 1 53,219
b All other domestic foundations enter 1.39% (0.0139) of line 27b. Exempt foreign organizations enter 4% (0.04) of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2 0
3 Add lines 1 and 2........................... 3 53,219
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4 0
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 53,219
6 Credits/Payments:
a 2023 estimated tax payments and 2022 overpayment credited to 2023 6a 22,234
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 50,000
d Backup withholding erroneously withheld .......... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 72,234
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 1,453
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......right arrow 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...right arrow 10 17,562
11 Enter the amount of line 10 to be: Credited to 2024 estimated taxright arrow17,562 Refundedright arrow 11 0
Form 990-PF (2023)
Form 990-PF (2023)
Page 4
Part VI-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. right arrow$ 0(2) On foundation managers.right arrow$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.right arrow$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
round bullet By language in the governing instrument, or
round bullet By state legislation that effectively amends the governing instrument so that no mandatory directions
that conflict with the state law remain in the governing instrument? ................
6
 
No
7
Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
and Part XIV..................................
7
Yes
 
8a
Enter the states to which the foundation reports or with which it is registered (see instructions)
right arrowMA
b
If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
8b
Yes
 
9
Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
or 4942(j)(5) for calendar year 2023 or the taxable year beginning in 2023? See the instructions for Part XIII.
If "Yes," complete Part XIII .............................
9
Yes
 
10
Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
and addresses. Click to see attachment
List of Attached Documents:
// Content
...............................
10
Yes
 
11
At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
11
 
No
12
Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
advisory privileges? If "Yes," attach statement. See instructions.................
12
 
No
13
Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
13
Yes
 
Website addressright arrowWWW.GROWALDCLIMATEFUND.ORG
14
The books are in care ofright arrowDEBORAH LAFRAMBOISE Telephone no.right arrow (802) 238-8062

Located atright arrow1 HARVARD STREET 202BROOKLINEMA ZIP+4right arrow02445
15
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........right arrow
and enter the amount of tax-exempt interest received or accrued during the year ........right arrow
15
 
16 At any time during calendar year 2023, did the foundation have an interest in or a signature or other authority over YesNo
a bank, securities, or other financial account in a foreign country? .................
16   No
See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
country right arrow
Form 990-PF (2023)
Form 990-PF (2023)
Page 5
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required
File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
Yes
No
1a
During the year did the foundation (either directly or indirectly):
(1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........
1a(1)
 
No
(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
a disqualified person? ..............................
1a(2)
 
No
(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
1a(3)
 
No
(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
1a(4)
 
No
(5) Transfer any income or assets to a disqualified person (or make any of either available
for the benefit or use of a disqualified person)? ......................
1a(5)
 
No
(6) Agree to pay money or property to a government official? (Exception. Check "No"
if the foundation agreed to make a grant to or to employ the official for a period
after termination of government service, if terminating within 90 days.) ...............
1a(6)
 
No
b
If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
1b
 
 
c
Organizations relying on a current notice regarding disaster assistance check here ........right arrow
d
Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
that were not corrected before the first day of the tax year beginning in 2023? .............
1d
 
No
2
Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
a
At the end of tax year 2023, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2023?....................
2a
 
No
If "Yes," list the years right arrow20, 20, 20, 20
b
Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
(relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
to all years listed, answer "No" and attach statement—see instructions.) ..............
2b
 
 
c
If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
right arrow20, 20, 20, 20
3a
Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
any time during the year? ..............................
3a
 
No
b
If "Yes," did it have excess business holdings in 2023 as a result of (1) any purchase by the foundation
or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
if the foundation had excess business holdings in 2023.) .....................
3b
 
 
4a
Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
4a
 
No
b
Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2023? ..
4b
 
No
Form 990-PF (2023)
Form 990-PF (2023)
Page 6
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required (continued)
5a
During the year did the foundation pay or incur any amount to:
Yes
No
(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........
5a(1)
 
No
(2) Influence the outcome of any specific public election (see section 4955); or to carry
on, directly or indirectly, any voter registration drive? ....................
5a(2)
 
No
(3) Provide a grant to an individual for travel, study, or other similar purposes? .............
5a(3)
 
No
(4) Provide a grant to an organization other than a charitable, etc., organization described
in section 4945(d)(4)(A)? See instructions ........................
5a(4)
Yes
 
(5) Provide for any purpose other than religious, charitable, scientific, literary, or
educational purposes, or for the prevention of cruelty to children or animals? .............
5a(5)
 
No
b
If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ........
5b
 
No
c
Organizations relying on a current notice regarding disaster assistance check .........right arrow
d
If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
tax because it maintained expenditure responsibility for the grant? .................
5d
Yes
 
If "Yes," attach the statement required by Regulations section 53.4945–5(d). Click to see attachment
List of Attached Documents:
// Content
6a
Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
a personal benefit contract? .............................
6a
 
No
b
Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
6b
 
No
If "Yes" to 6b, file Form 8870.
7a
At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
7a
 
No
b
If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....
7b
 
 
8
Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
excess parachute payment during the year? .........................
8
 
No
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors
1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
(a) Name and address (b) Title, and average
hours per week
devoted to position 		(c) Compensation
 (If not paid, enter
-0-) 		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
other allowances
EILEEN GROWALD PRESIDENT
10.00 		0 0 0
1 HARVARD STREET 202
BROOKLINE,MA02445
PAUL GROWALD VICE-PRESIDENT
10.00 		0 0 0
1 HARVARD STREET 202
BROOKLINE,MA02445
ADAM GROWALD TREASURER
1.00 		0 0 0
1 HARVARD STREET 202
BROOKLINE,MA02445
B STEPHEN TOBEN SECRETARY
1.00 		0 0 0
1 HARVARD STREET 202
BROOKLINE,MA02445
JOANNA MESSING CEO
36.00 		295,000 20,306 0
1 HARVARD STREET 202
BROOKLINE,MA02445
2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
(a) Name and address of each employee paid more than $50,000 (b) Title, and average
hours per week
devoted to position 		(c) Compensation (d) Contributions to
employee benefit
plans and deferred
compensation 		(e) Expense account,
other allowances
SANJAY KABIR BAVIKATTE DIRECTOR ORG. DEVELO
40.00 		200,000 16,073 0
1 HARVARD STREET 202
BROOKLINE,MA02445
MARTHA BELCHER CHIEF OF STAFF
40.00 		187,500 18,599 0
1 HARVARD STREET 202
BROOKLINE,MA02445
ANDREA GUERRERO GARCIA DIRECTOR, FIELD INNO
40.00 		185,000 12,809 0
1 HARVARD STREET 202
BROOKLINE,MA02445
SASANKA THILAKASIRI DIRECTOR, VENTURE PO
40.00 		175,000 11,406 0
1 HARVARD STREET 202
BROOKLINE,MA02445
KATHERINE MIN YEONG PEASE ASSOCIATE DIRECTOR,
40.00 		161,262 10,389 0
1 HARVARD STREET 202
BROOKLINE,MA02445
Total number of other employees paid over $50,000...................right arrow 19
Form 990-PF (2023)
Form 990-PF (2023)
Page 7
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors (continued)
3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
(a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
CLIMATE SMART VENTURES PTE LTD CONSULTING 525,000
10 ANSON ROAD 22-02 INTERNATIONAL
PLAZA
SINGAPORE   079903
SN
IMAGINATE SOLUTIONS CONSULTING 301,289
GRANDRUE 57
COPPET   VD 1296
SZ
SMARTER GOOD INC CONSULTING 144,000
261 CORBETT AVENUE
SAN FRANCISCO,CA94114
CAROLINA A ECHEVERRI CONSULTING 136,928
CRA 66B131-40 SPT 502 EDIFICIO
CAMINOS DEL CERRO
BOGATA    
CO
PACIFIC RIM INVESTMENT MANAGEMENT CONSULTING 108,000
5351 DE ROJA AVE
WOODLAND HILLS,CA91364
Total number of others receiving over $50,000 for professional services.............right arrow0
Part VIII-A
Summary of Direct Charitable Activities
List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
1 THE GROWALD CLIMATE FUND, INC. PROMOTES STRATEGIC PHILANTHROPY IN SUPPORT OF A VIBRANT, HEALTHY AND BALANCED WORLD IN WHICH ALL SPECIES THRIVE. THE PRIMARY FOCUS OF OUR WORK IS CLIMATE, ENVIRONMENT AND EDUCATIONAL EFFORTS TO STRENGTHEN SOCIAL WELLBEING. 5,704,875
2  
3  
4  
Part VIII-B
Summary of Program-Related Investments (see instructions)
Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
1  
2  
All other program-related investments. See instructions.
3  
Total. Add lines 1 through 3.........................right arrow0
Form 990-PF (2023)
Form 990-PF (2023)
Page 8
Part IX
Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
1
Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
purposes:
a
Average monthly fair market value of securities...................
1a
2,554,783
b
Average of monthly cash balances.......................
1b
16,999,810
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, b, and c).........................
1d
19,554,593
e
Reduction claimed for blockage or other factors reported on lines 1a and
1c (attach detailed explanation) .............
1e
0
2
Acquisition indebtedness applicable to line 1 assets..................
2
0
3
Subtract line 2 from line 1d.........................
3
19,554,593
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
293,319
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
19,261,274
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
963,064
Part X
Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here right arrow and do not complete this part.)
1
Minimum investment return from Part IX, line 6..................
1
 
2a
Tax on investment income for 2022 from Part V, line 5.......
2a
 
b
Income tax for 2022. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
 
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
 
4
Recoveries of amounts treated as qualifying distributions................
4
 
5
Add lines 3 and 4............................
5
 
6
Deduction from distributable amount (see instructions).................
6
 
7
Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
7
 
Part XI
Qualifying Distributions (see instructions)
1
Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
a
Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
1a
33,950,371
b
Program-related investments—total from Part VIII-B..................
1b
0
2
Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
purposes...............................
2
 
3
Amounts set aside for specific charitable projects that satisfy the:
a
Suitability test (prior IRS approval required)....................
3a
 
b
Cash distribution test (attach the required schedule) .................
3b
 
4
Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4. .......
4
33,950,371
Form 990-PF (2023)
Form 990-PF (2023)
Page 9
Part XII
Undistributed Income (see instructions)
(a)
Corpus 		(b)
Years prior to 2022 		(c)
2022 		(d)
2023
1 Distributable amount for 2023 from Part X, line 7  
2 Undistributed income, if any, as of the end of 2022:
a Enter amount for 2022 only.......  
b Total for prior years:20 , 20, 20  
3 Excess distributions carryover, if any, to 2022:
a From 2018......  
b From 2019......  
c From 2020......  
d From 2021......  
e From 2022......  
f Total of lines 3a through e ........  
4Qualifying distributions for 2023 from Part
XI, line 4: right arrow$  
a Applied to 2022, but not more than line 2a  
b Applied to undistributed income of prior years
(Election required—see instructions)..... 		 
c Treated as distributions out of corpus (Election
required—see instructions)........ 		 
d Applied to 2023 distributable amount.....  
e Remaining amount distributed out of corpus  
5 Excess distributions carryover applied to 2023.    
(If an amount appears in column (d), the
same amount must be shown in column (a).)
6Enter the net total of each column as
indicated below:
a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5  
b Prior years’ undistributed income. Subtract
line 4b from line 2b .......... 		 
c Enter the amount of prior years’ undistributed
income for which a notice of deficiency has
been issued, or on which the section 4942(a)
tax has been previously assessed...... 		 
d Subtract line 6c from line 6b. Taxable amount
—see instructions ........... 		 
e Undistributed income for 2022. Subtract line
4a from line 2a. Taxable amount—see
instructions ............. 		 
f Undistributed income for 2023. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2024 .......... 		 
7 Amounts treated as distributions out of
corpus to satisfy requirements imposed by
section 170(b)(1)(F) or 4942(g)(3) (Election may
be required - see instructions) ....... 		 
8 Excess distributions carryover from 2018 not
applied on line 5 or line 7 (see instructions) ... 		 
9 Excess distributions carryover to 2024.
Subtract lines 7 and 8 from line 6a ...... 		 
10 Analysis of line 9:
a Excess from 2019....  
b Excess from 2020....  
c Excess from 2021....  
d Excess from 2022....  
e Excess from 2023....  
Form 990-PF (2023)
Form 990-PF (2023)
Page 10
Part XIII
Private Operating Foundations (see instructions and Part VI-A, question 9)
1a If the foundation has received a ruling or determination letter that it is a private operating
foundation, and the ruling is effective for 2023, enter the date of the ruling ...... right arrow
2015-10-27
b Check box to indicate whether the organization is a private operating foundation described in section or
2a Enter the lesser of the adjusted net
income from Part I or the minimum
investment return from Part IX for each
year listed .......... 		Tax year Prior 3 years (e) Total
(a) 2023 (b) 2022 (c) 2021 (d) 2020
566,149 777,205 129,072 73,101 1,545,527
b 85% (0.85) of line 2a ......... 481,227 660,624 109,711 62,136 1,313,698
c Qualifying distributions from Part XI,
line 4 for each year listed ..... 		33,950,371 18,908,412 16,634,658 8,409,212 77,902,653
d Amounts included in line 2c not used directly
for active conduct of exempt activities .......... 		28,245,496 14,965,752 13,586,915 6,698,953 63,497,116
e Qualifying distributions made directly
for active conduct of exempt activities.
Subtract line 2d from line 2c .... 		5,704,875 3,942,660 3,047,743 1,710,259 14,405,537
3 Complete 3a, b, or c for the
alternative test relied upon:
a “Assets" alternative test—enter:
(1) Value of all assets ......         0
(2) Value of assets qualifying
under section 4942(j)(3)(B)(i)		         0
b “Endowment" alternative test— enter 2/3
of minimum investment return shown in
Part IX, line 6 for each year listed .. 		642,043 518,137 594,364 414,757 2,169,301
c “Support" alternative test—enter:
(1) Total support other than gross
investment income (interest,
dividends, rents, payments
on securities loans (section
512(a)(5)), or royalties) .... 		        0
(2) Support from general public
and 5 or more exempt
organizations as provided in
section 4942(j)(3)(B)(iii).... 		        0
(3) Largest amount of support
from an exempt organization		         0
(4) Gross investment income         0
Part XIV
Supplementary Information (Complete this part only if the foundation had $5,000 or more in
assets at any time during the year—see instructions.)
1Information Regarding Foundation Managers:
aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
EILEEN GROWALD
PAUL GROWALD
bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
Check here right arrow
aThe name, address, and telephone number or email address of the person to whom applications should be addressed:
bThe form in which applications should be submitted and information and materials they should include:
cAny submission deadlines:
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
Form 990-PF (2023)
Form 990-PF (2023)
Page 11
Part XIV
Supplementary Information (continued)
3 Grants and Contributions Paid During the Year or Approved for Future Payment
Recipient If recipient is an individual,
show any relationship to
any foundation manager
or substantial contributor
 Foundation
status of
recipient 		Purpose of grant or
contribution 		Amount
Name and address (home or business)
aPaid during the year

350ORG

PO BOX 843004
BOSTON,MA02284 		N/A PC GENERAL SUPPORT 200,043

AFRICAN CLIMATE ALLIANCE

3 TIVERTON RD 7801
CAPE TOWN    
SF 		N/A FOREIGN CHARITY GENERAL SUPPORT 150,000

AKTIVASIA LTD

SUITE 11 FIRST FLOOR 79-83 MYRTLE
ST 2008
SYDNEY,NEW SOUTH WALES  
AS 		N/A FOREIGN CHARITY GENERAL SUPPORT 150,000

AMERICAN JEWISH WORLD SERVICE

PO BOX 568
ETNA,NH03750 		N/A PC GENERAL SUPPORT 250

ANTHROPOCENE FIXED INCOME INSTITUTE

KORNHAMNSTORG 53 OLD TOWN 111 27
STOCKHOLM    
SW 		N/A FOREIGN CHARITY GENERAL SUPPORT 400,000

ANTI DEFAMATION LEAGUE

605 THIRD AVENUE
NEW YORK,NY10158 		N/A PC GENERAL SUPPORT 15,000

AUDUBON VERMONT

255 SHERMAN HOLLOW ROAD
HUNTINGTON,VT05462 		N/A PC GENERAL SUPPORT 500

BAR HARBOR FOOD PANTRY

36 MOUNT DESERT ST
BAR HARBOR,ME04609 		N/A PC GENERAL SUPPORT 500

BLACK GIRLS RISING

BERTHA HOUSE 69 MAIN STREEET
CAPE TOWN,MOWBRAY7750
SF 		N/A FOREIGN CHARITY GENERAL SUPPORT 100,000

CASEL SOCIAL AND EMOTIONAL LEARNING

815 WEST VAN BUREN ST SUITE 210
CHICAGO,IL60607 		N/A PC GENERAL SUPPORT 1,000

CEE BANKWATCH NETWORK

HERMANOVA 1088/8
PRAGUE    
EZ 		N/A FOREIGN CHARITY PROJECT SUPPORT 260,000

CHANDLER MUSIC HALL

71 NORTH MAIN ST
RANDOLPH,VT05060 		N/A PC GENERAL SUPPORT 200

CHITTENDEN COUNTY 4-H FOUNDATION (UVM FDN)

140 KENNEDY DRIVE SUITE 2
SOUTH BURLINGTON,VT05403 		N/A PC GENERAL SUPPORT 200

CLIMATE 2025

2 SHEAF STREET
SHEFFIELD    
UK 		N/A FOREIGN CHARITY PROJECT SUPPORT 850,000

CLIMATE ACTION NETWORK EUROPE

26 RUE DEDIMBOROUGH
BRUSSELS    
BE 		N/A FOREIGN CHARITY PROJECT SUPPORT 1,000,000

CLIMATE BONDS INITIATIVE

10 QUEEN STREET PLACE FIRST FLOOR
EC4R 1BE
LONDON    
UK 		N/A FOREIGN CHARITY PROJECT SUPPORT 300,000

CLIMATE DIALOGUE JAPAN

2-20-6 NUMAMA
ZUSHI,KANAGAWA  
JA 		N/A FOREIGN CHARITY GENERAL SUPPORT 150,000

CLIMATE INTEGRATE

4TH FLOOR NISHIYAMA BUILDING 4-7-1
108-0014
SHIBA MINATOKU TOKYO    
JA 		N/A FOREIGN CHARITY GENERAL SUPPORT 500,000

CLIMATE POLICY INITIATIVE

575 MARKET STREET SUITE 514
SAN FRANCISCO,CA94105 		N/A PC PROJECT SUPPORT 49,700

CLIMATE STRATEGIES

8 DEVONSHIRE SQ EC2M 4PL
LONDON    
UK 		N/A FOREIGN CHARITY PROJECT SUPPORT 225,000

COLLEGE OF THE ATLANTIC

105 EDEN ST
BAR HARBOR,ME04609 		N/A PC GENERAL SUPPORT 3,000

CORNELL LAB OF ORNITHOLOGY

159 SAPSUCKER WOODS ROAD
ITHACA,NY14850 		N/A PC GENERAL SUPPORT 250

COTS

PO BOX 1616
BURLINGTON,VT05402 		N/A PC GENERAL SUPPORT 500

E3G - THIRD GENERATION ENVIRONMENTALISM

4 VALENTINE PLACE SE1 8QH
LONDON    
UK 		N/A FOREIGN CHARITY PROJECT SUPPORT 17,250

ECHO LAKE AQUARIUM & SCIENCE CENTER

1 COLLEGE STREET
BURLINGTON,VT05401 		N/A PC GENERAL SUPPORT 500

ECO AMERICA

600 CALIFORNIA ST 11TH FLOOR
SAN FRANCISCO,CA94108 		N/A PC GENERAL SUPPORT 500

EQUAL JUSTICE INITIATIVE

122 COMMERCE STREET
MONTGOMERY,AL36104 		N/A PC GENERAL SUPPORT 500

EUROPEAN CLIMATE FOUNDATION

RIVIERVISMARKT 5 2513 AM
THE HAGUE    
NL 		N/A FOREIGN CHARITY PROJECT SUPPORT 4,238,000

FINANCIAL SERVICES STAKEHOLDER PROJECT

2513 N CENTRAL PARK AVENUE
CHICAGO,IL60647 		N/A PC GENERAL SUPPORT 200,000

FLYNN CENTER FOR THE PERFORMING ARTS

153 MAIN ST
BURLINGTON,VT05401 		N/A PC GENERAL SUPPORT 2,500

FONDAZIONE THINK TANK

81 VIA TORRE BELFREDO
VENEZIA    
IT 		N/A FOREIGN CHARITY GENERAL SUPPORT 200,000

FORENINGEN ACTER

8000 FILMBYEN 11A 2ND FLOOR
AARHUS    
DA 		N/A FOREIGN CHARITY GENERAL SUPPORT 250,000

FRIENDS OF ACADIA

43 COTTAGE ST
BAR HARBOR,ME04609 		N/A PC GENERAL SUPPORT 500

GLOBAL GREENGRANTS FUND

2840 WILDERNESS PLACE SUITE A
BOULDER,CO80301 		N/A PC PROJECT SUPPORT 300,000

GLOBAL OPTIMISM IMPACT

7 CHELSEA ROAD
BATH    
UK 		N/A FOREIGN CHARITY PROJECT SUPPORT 600,000

GREENING YOUTH FOUNDATION

50 HURT PLAZA SUITE 980
ATLANTA,GA30303 		N/A PC PROJECT SUPPORT 315,000

HUNGER FREE VERMONT

38 EASTWOOD DR SUITE 100
SOUTH BURLINGTON,VT05403 		N/A PC GENERAL SUPPORT 1,500

IMAL INITIATIVE FOR CLIMATE AND DEVELOPMENT

BUREAU 108 APPT 15 32 IMPASSE SIAM
AVENUE MADAGASCAR
RABAT   10040
MO 		N/A FOREIGN CHARITY GENERAL SUPPORT 400,000

INICIATIVA CLIMATICA DE MEXICO

550 MIGUEL ANGEL DE QUEVEDO AVENUE
SANTA CATERINA,MEXICO CITY  
MX 		N/A FOREIGN CHARITY PROGRAM SUPPORT 300,000

INSPIRE

8 ARNOLD ROAD TOP FLOOR UNIT 2
JOHANNESBURG,ROSEBANK2196
SF 		N/A PC GENERAL SUPPORT 150,000

INSTITUTE FOR ENERGY ECONOMICS AND FINANCIAL ANALYSIS

14900 DETROIT AVENUE SUITE 206
LAKEWOOD,OH44107 		N/A PC PROGRAM SUPPORT 25,000

INSTITUTE FOR JEWISH SPIRITUALITY - NY

121 WEST 27TH STREET SUITE 404
NEW YORK,NY10001 		N/A PC GENERAL SUPPORT 250

INSTITUTO CLIMA E SOCEIDADE

14 RUA GENERAL DIONISIO HUMAITA
RIO DE JANERIO    
BR 		N/A FOREIGN CHARITY PROGRAM SUPPORT 22,000

INTERNATIONAL RESEARCH & EXCHANGES BOARD

1275 K STREET NW SUITE 600
WASHINGTON,DC20005 		N/A PC PROGRAM SUPPORT 3,421,495

ISLAND INSTITUTE

PO BOX 648
ROCKLAND,ME04841 		N/A PC GENERAL SUPPORT 200

ISLAND READERS & RIDERS

PO BOX 227
MOUNT DESERT,ME04660 		N/A PC GENERAL SUPPORT 100

JEW BELONG INC

45 AFTERGLOW WAY
VERINA,NJ07044 		N/A PC GENERAL SUPPORT 1,000

JEWISH COMMUNITIES OF VERMONT

47 MAPLE STREET SUITE 321
BURLINGTON,VT05401 		N/A PC GENERAL SUPPORT 1,000

JUST DETENTION INTERNATIONAL INC

3325 WILSHIRE BLVD SUITE 340
LOS ANGELES,CA90057 		N/A PC GENERAL SUPPORT 100

KING STREET CENTER

PO BOX 1615
BURLINGTON,VT05402 		N/A PC GENERAL SUPPORT 250

LAKE CHAMPLAIN LAND TRUST

ONE MAIN STREET SUITE 205
BURLINGTON,VT05401 		N/A PC GENERAL SUPPORT 250

LEWIS CREEK ASSOCIATES

442 LEWIS CREEK ROAD
CHARLOTTE,VT05445 		N/A PC GENERAL SUPPORT 500

MAINE COAST HERITAGE TRUST

1 BOWDOIN MILL ISLAND SUITE 201
TOPSHAM,ME04086 		N/A PC GENERAL SUPPORT 10,000

MAINE ISLAND TRAIL ASSOCIATION

100 KENSINGTON ST 2ND FLR
PORTLAND,ME04103 		N/A PC GENERAL SUPPORT 1,000

MIDDLEBURY COLLEGE

700 EXCHANGE ST
MIDDLEBURY,VT05753 		N/A PC GENERAL SUPPORT 5,000

MONTPELIER ALIVE

39 MAIN STREET
MONTPELIER,VT05602 		N/A PC GENERAL SUPPORT 1,000

MOUNT DESERT ISLAND HOSPITAL

PO BOX 8
BAR HARBOR,ME04609 		N/A PC GENERAL SUPPORT 100

MOUNT DESERT LAND & GARDEN PRESERVE

PO BOX 208
SEAL HARBOR,ME04675 		N/A PC GENERAL SUPPORT 10,000

MOUNT DESERT NURSING ASSOCIATION

PO BOX 397
NORTHEAST HARBOR,ME04662 		N/A PC GENERAL SUPPORT 100

NATURE CONSERVANCY ADIRONDACK CHAPTER

PO BOX 65
KEENE VALLEY,NY12943 		N/A PC GENERAL SUPPORT 200

NATURE CONSERVENCY OF VERMONT

575 STONE CUTTERS WAY
MONTPELIER,VT05602 		N/A PC GENERAL SUPPORT 200

NEW ENERGY NEXUS

436 14TH STREET SUITE 1220
OAKLAND,CA94612 		N/A PC PROGRAM SUPPORT 50,000

NEXT GROUP

R1102 TEHERAN-RO 2-QIL YEOKSAM-DONG
GANGNAMGU SEOUL    
KS 		N/A FOREIGN CHARITY GENERAL SUPPORT 1,000,000

NORTH COUNTRY PUBLIC RADIO

23 ROMODA DRIVE
CANTON,NY13617 		N/A PC GENERAL SUPPORT 100

NORTH COUNTY SCHOOL

4382 CASCADE RD
LAKE PLACID,NY12946 		N/A PC GENERAL SUPPORT 10,000

NORTHEAST HARBOR AMBULANCE ASSOCIATION

PO BOX 122
NORTHEAST HARBOR,ME04662 		N/A PC GENERAL SUPPORT 200

NORTHEAST HARBOR LIBRARY

PO BOX 279
NORTHEAST HARBOR,ME04662 		N/A PC GENERAL SUPPORT 100

NORTHEAST ORGANIC FARMING ASSOCIATION

PO BOX 697
RICHMOND,VT05477 		N/A PC GENERAL SUPPORT 1,000

OHAVI ZEDEK SYNAGOGUE

188 NORTH PROSPECT STREET
BURLINGTON,VT05401 		N/A PC GENERAL SUPPORT 30,000

PEF ISRAEL ENDOWMWNT FUNDS

630 3RD AVENUE 15TH
NEW YORK,NY10017 		N/A PC GENERAL SUPPORT 10,000

PIERSON LIBRARY

5376 SHELBURNE ROAD
SHELBURNE,VT05482 		N/A GOV GENERAL SUPPORT 250

PLAN 15

3F 14-2 PILUNDAERO-5-NA-GIL 03037
SEOUL    
KS 		N/A FOREIGN CHARITY GENERAL SUPPORT 200,000

PLANNED PARENTHOODNORTHERN NEW ENGLAND

784 HERCULES DRIVE SUITE 110
COLCHESTER,VT05546 		N/A PC GENERAL SUPPORT 1,000

POLEN TRANSICIONES JUSTAS

CR 8 C NO 107 03 110111
BOGOTA    
CO 		N/A FOREIGN CHARITY GENERAL SUPPORT 230,000

POLLINATOR PARTNERSHIP

423 WASHINGTON STREET 5TH FLOOR
SAN FRANCISCO,CA94111 		N/A PC GENERAL SUPPORT 2,000

PRESERVATION TRUST OF VERMONT INC

90 MAIN STREET SUITE 304
MONTPELIER,VT05602 		N/A PC GENERAL SUPPORT 250

PROGRAM FOR TORTURE VICTIMS

3550 WILSHIRE BLVD SUITE 1906
LOS ANGELES,CA90010 		N/A PC GENERAL SUPPORT 5,000

RABIA TRANSITIONS INITIATIVE NPC

53 VILLAGGIO DUE 24 LESLIE ROAD GT
91
JOHANNESBURG    
SF 		N/A FOREIGN CHARITY GENERAL SUPPORT 600,000

REFORM INSTITUTE OF POLAND

PULAWSKA 12/3 02-566
WARSAW    
PL 		N/A FOREIGN CHARITY GENERAL SUPPORT 500,000

ROCKEFELLER PHILANTHROPY ADVISORS INC

90 CHURCH STREET
NEW YORK,NY10008 		N/A PC PROGRAM SUPPORT 25,000

SEAL HARBOR LIBRARY ASSOCIATION

PO BOX 135
SEAL HARBOR,ME04675 		N/A PC GENERAL SUPPORT 100

SEAL HARBOR VILLAGE IMPROVEMENT SOCIETY

PO BOX 171
SEAL HARBOR,ME04675 		N/A PC GENERAL SUPPORT 250

SED FUND

FLUWELEN BURGWAL 58 2511 CJ
GRAVENHAGE    
NL 		N/A FOREIGN CHARITY GENERAL SUPPORT 2,600,000

SHELBURNE COMMUNITY SCHOOL

345 HARBOR ROAD
SHELBURNE,VT05482 		N/A GOV PROGRAM SUPPORT 1,000

SHELBURNE CRAFT SCHOOL

PO BOX 52
SHELBURNE,VT05482 		N/A PC GENERAL SUPPORT 250

SHELBURNE FARMS

1611 HARBOR ROAD
SHELBURNE,VT05482 		N/A PC GENERAL SUPPORT 15,000

SHELBURNE FIREFIGHTERS ASSOCIATION

PO BOX 911
SHELBURNE,VT05482 		N/A PC GENERAL SUPPORT 300

SHELBURNE FOOD SHELF

PO BOX 763
SHELBURNE,VT05482 		N/A PC GENERAL SUPPORT 500

SHELBURNE MUSEUM

5555 SHELBURNE ROAD
SHELBURNE,VT05482 		N/A PC GENERAL SUPPORT 2,500

SHELBURNE RESCUE

PO BOX 254
SHELBURNE,VT05482 		N/A GOV GENERAL SUPPORT 300

STEELWATCH STICHTING

FLUWELEN BURGWAL 58 2511 CJ
DEN HAAG    
NL 		N/A FOREIGN CHARITY GENERAL SUPPORT 1,000,000

STICHTING RECOURSE INTERNATIONAL

KRAIJENHOFFSTRAAT 137A 1018 RG
AMSTERDAM    
NL 		N/A FOREIGN CHARITY PROGRAM SUPPORT 20,000

STONE BARNS CENTER FOR FOOD & AGRICULTURE

630 BEDFORD ROAD
POCANTICO HILLS,NY10591 		N/A PC GENERAL SUPPORT 2,000

STRATEGIC YOUTH NETWORK FOR DEVELOPMENT

GE-212-5324 BOX WY 1050
KWABENYA    
GH 		N/A FOREIGN CHARITY GENERAL SUPPORT 200,000

SUNRISE PROJECT AUSTRALIA LIMITED

GROUND FLOOR 17 RANDLE STREET 2010
SURRY HILLS,NEW SOUTH WALES  
AS 		N/A FOREIGN CHARITY PROGRAM SUPPORT 525,000

SUNRISE PROJECT INC - USA

3500 SOUTH DUPONT HIGHWAY DT 101
DOVER,DE19901 		N/A PC GENERAL SUPPORT 1,000,000

SUSTAINABLE MARKETS FOUNDATIONS

45 W 36TH STREET
NEW YORK,NY10008 		N/A PC PROGRAM SUPPORT 200,000

SWANITI INITIATIVE

1109A MARCONI STREET
HOUSTON,TX77019 		N/A PC PROGRAM SUPPORT 200,000

SYNERGOS INSTITUTE INC

3 EAST 54TH STREET 14TH FLOOR
NEW YORK,NY10022 		N/A PC GENERAL SUPPORT 5,000

TARA CLIMATE LIMITED

65 CHULIA STREET
SINGAPORE    
SN 		N/A FOREIGN CHARITY PROGRAM SUPPORT 950,000

TECHSOUP GLOBAL

435 BRANNAN STREET
SAN FRANCISCO,CA94107 		N/A PC PROGRAM SUPPORT 300,000

TEN STRANDS (WILL PARISH)

PO BOX 150869
SAN RAFAEL,CA94915 		N/A PC GENERAL SUPPORT 1,000

THE AMERICAN CHESTNUT FOUNDATION

50 NORTH MERRIMAN AVENUE SUITE 115
ASHEVILLE,NC28804 		N/A PC GENERAL SUPPORT 100

THE COLONIAL WILLIAMSBURG FOUNDATION

PO BOX 1776
WILLIAMSBURG,VA23187 		N/A PC GENERAL SUPPORT 1,000

THE ENERGY FOUNDATION

55 SECOND STREET SUITE 2400
SAN FRANCISCO,CA94105 		N/A PC PROGRAM SUPPORT 1,000,000

THE FRENCH DEVELOPMENT AGENCY

5 RUE ROLAND BARTHES 75 598
PARIS    
FR 		N/A FOREIGN CHARITY PROGRAM SUPPORT 800,000

THE LOTOS FOUNDATION

5 EAST 66TH STREET
NEW YORK,NY10065 		N/A PC GENERAL SUPPORT 1,000

THE MICHAEL J FOX FOUNDATION

GRAND CENTRAL STATION PO BOX 4777
NEW YORK,NY10163 		N/A PC GENERAL SUPPORT 1,000

THE REGENTS OF THE UNIVERSITY OF CALIFORNIA

1156 HIGH STREET
SANTA CRUZ,CA95064 		N/A PC PROGRAM SUPPORT 387,358

THE WOODSTOCK FOUNDATION (BILLINGS FARMS)

PO BOX 489
WOODSTOCK,VT05091 		N/A PC GENERAL SUPPORT 500

TOWN HALL THEATER

PO BOX 128
MIDDLEBURY,VT05753 		N/A PC PROGRAM SUPPORT 500

TRANSFORMA

CALLE 72 6-30 OFICINA 402
BOGOTA    
CO 		N/A FOREIGN CHARITY GENERAL SUPPORT 1,020,000

UNITED CHARITABLE

44921 GEORGE WASHINGTON BLVD SUITE
230
ASHBURN,VA20147 		N/A PC PROGRAM SUPPORT 300,000

UNITED SYNAGOGUE OF CONSERVATIVE JUDAISM

120 BROADWAY 13TH FLOOR
NEW YORK,NY10271 		N/A PC GENERAL SUPPORT 250

UNIVERSITY OF VERMONT HILLEL

80 COLCHESTER AVENUE
BURLINGTON,VT05401 		N/A PC GENERAL SUPPORT 500

US COMMITTEE FOR REFUGEES & IMMIGRANTS - VERMONT

462 HEGEMAN AVENUE SUITE 101
COLCHESTER,VT05446 		N/A PC GENERAL SUPPORT 2,500

VERMONT DISASTER RECOVERY FUND

PO BOX 843
MONTPELIER,VT05601 		N/A PC GENERAL SUPPORT 1,000

VERMONT ART COUNCIL

136 STATE STREET
MONTPELIER,VT05633 		N/A PC GENERAL SUPPORT 150

VERMONT CENTER FOR ECOSTUDIES

PO BOX 420
NORWICH,VT05055 		N/A PC GENERAL SUPPORT 500

VERMONT FAMILY FOREST

PO BOX 254
BRISTOL,VT05443 		N/A PC GENERAL SUPPORT 200

VERMONT FOLKLIFE CENTER

88 MAIN STREET
MIDDLEBURY,VT05753 		N/A PC GENERAL SUPPORT 750

VERMONT FOODBANK INC

PO BOX 471
BRATTLEBORO,VT05302 		N/A PC GENERAL SUPPORT 1,000

VERMONT INSTITUTE OF NATURAL SCIENCE

PO BOX 1281
QUECHEE,VT05059 		N/A PC GENERAL SUPPORT 500

VERMONT LAND TRUST

8 BAILEY AVENUE
MONTPELIER,VT05602 		N/A PC GENERAL SUPPORT 1,500

VERMONT NATURAL RESOURCES COUNCIL INC

11 BALDWIN STREET
MONTPELIER,VT05602 		N/A PC GENERAL SUPPORT 500

VERMONT PUBLIC RADIO

365 TROY AVENUE
COLCHESTER,VT05446 		N/A PC GENERAL SUPPORT 2,000

VERMONT SYMPHONY ORCHESTRA ASSOCIATION

2 CHURCH STREET SUITE 3B
BURLINGTON,VT05401 		N/A PC GENERAL SUPPORT 250

VERMONT YOUTH ORCHESTRA ASSOCIATION

223 ETHAN ALLEN AVENUE
COLCHESTER,VT05446 		N/A PC GENERAL SUPPORT 100

VTDIGGER

26 STATE STREET SUITE 8
MONTPELIER,VT05602 		N/A PC GENERAL SUPPORT 1,500

WENDALL GILLEY MUSEUM

PO BOX 254
SOUTHWEST HARBOR,ME04679 		N/A PC GENERAL SUPPORT 100

WILDFLOWERS INSTITUTE

1144 PACIFIC AVE
SAN FRANCISCO,CA94133 		N/A PC GENERAL SUPPORT 500

WORLD ECONOMIC FORUM

91-93 ROUTE DE LA CAPITE
GENEVA    
SZ 		N/A FOREIGN CHARITY PROGRAM SUPPORT 200,000
Total .................................right arrow 3a 28,245,496
bApproved for future payment
Total ................................. right arrow 3b 0
Form 990-PF (2023)
Form 990-PF (2023)
Page 12
Part XV-A
Analysis of Income-Producing Activities
Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
Related or exempt
function income
(See instructions.)
1Program service revenue: (a)
Business code 		(b)
Amount 		(c)
Exclusion code 		(d)
Amount
a           0
b
c
d
e
f
gFees and contracts from government agencies          
2 Membership dues and assessments ....          
3 Interest on savings and temporary cash
investments ........... 		    14 216,601  
4 Dividends and interest from securities ....     14 370,017  
5 Net rental income or (loss) from real estate:
aDebt-financed property......          
bNot debt-financed property.....          
6 Net rental income or (loss) from personal property          
7 Other investment income .....          
8 Gain or (loss) from sales of assets other than
inventory ............ 		    18 -44,753  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue: a
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e) .. 0 541,865 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
541,865
(See worksheet in line 13 instructions to verify calculations.)
Part XV-B
Relationship of Activities to the Accomplishment of Exempt Purposes
Line No.
DownArrow 		Explain below how each activity for which income is reported in column (e) of Part XV-A contributed importantly to
the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
instructions.)
Form 990-PF (2023)
Form 990-PF (2023)
Page 13
Part XVI
Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
1
Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
Yes
No
a
Transfers from the reporting foundation to a noncharitable exempt organization of:
(1) Cash...................................
1a(1)
 
No
(2) Other assets.................................
1a(2)
 
No
b
Other transactions:
(1) Sales of assets to a noncharitable exempt organization....................
1b(1)
 
No
(2) Purchases of assets from a noncharitable exempt organization..................
1b(2)
 
No
(3) Rental of facilities, equipment, or other assets.......................
1b(3)
 
No
(4) Reimbursement arrangements...........................
1b(4)
 
No
(5) Loans or loan guarantees.............................
1b(5)
 
No
(6) Performance of services or membership or fundraising solicitations................
1b(6)
 
No
c
Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
1c
 
No
d
If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
(a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
2a
Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
b
If "Yes," complete the following schedule.

(a) Name of organization (b) Type of organization (c) Description of relationship
Sign Here
Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
right arrow right arrow
May the IRS discuss this return
with the preparer shown below?
See instructions.
Signature of officer or trustee Date Title
Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date Check if self-
employed right arrow		 PTIN
Firm's name SmallBullet
 Firm's EIN SmallBullet
Firm's address SmallBullet


 Phone no.
Form 990-PF (2023)
Additional Data


Software ID:  
Software Version:  


Form 990PF - Special Condition Description:
Special Condition Description
Schedule B
(Form 990)
Department of the Treasury
Internal Revenue Service
Schedule of Contributors

Arrow Bullet Attach to Form 990, 990-EZ, or 990-PF.
Arrow Bullet Go to www.irs.gov/Form990 for the latest information.
OMB No. 1545-0047
2023
Name of the organization
GROWALD CLIMATE FUND INC
 
Employer identification number

46-4209325
Organization type (check one):
Filers of:
Section:
Form 990 or 990-EZ






Form 990-PF




Check if your organization is covered by the General Rule or a Special Rule.  
Note: Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
General Rule
Special Rules
......... Arrow Bullet $  
Caution: An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990,
990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its Form 990-EZ
or on its Form 990PF, Part I, line 2, to certify that it doesn't meet the filing requirements of Schedule B (Form 990,
990-EZ, or 990-PF).
For Paperwork Reduction Act Notice, see the Instructions
for Form 990, 990-EZ, or 990-PF.
Cat. No. 30613XSchedule B (Form 990) (2023)
Schedule B (Form 990) (2023) Page 2
Name of organization
GROWALD CLIMATE FUND INC
  		Employer identification number
46-4209325
Part I
Contributors
Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
1
QUADRATURE CLIMATE FOUNDATION
 
122 LEADENHALL STREET
 
LONDON,     UK

$ 25,000,000


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
2
PAUL & EILEEN GROWALD
 
PO BOX 459
 
SHELBURNE, VT05482

$ 3,306,158


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
Schedule B (Form 990) (2023)
Schedule B (Form 990) (2023)
Page 3
Name of organization
GROWALD CLIMATE FUND INC
  		Employer identification number

46-4209325
Part II
Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
2
 30,161 SHARES OF MERCK & CO. INC. $ 3,306,158 2023-02-23
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
Schedule B (Form 990) (2023)
Schedule B (Form 990) (2023)
Page 4
Name of organization
GROWALD CLIMATE FUND INC
  		Employer identification number

46-4209325
Part III
Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet$  
Use duplicate copies of Part III if additional space is needed.
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
Schedule B (Form 990) (2023)
Additional Data


Software ID:  
Software Version:  

TY 2023 AccountingFeesSchedule
Name:
GROWALD CLIMATE FUND INC
EIN:
46-4209325
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
PROFESSIONAL SERVICES 27,835 0 0 27,835

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TY 2023 DepreciationSchedule
Name:
GROWALD CLIMATE FUND INC
EIN:
46-4209325
Description of Property Date Acquired Cost or Other Basis Prior Years' Depreciation Computation Method Rate /
Life (# of years)		 Current Year's Depreciation Expense Net Investment Income Adjusted Net Income Cost of Goods Sold Not Included
MACBOOK AIR (NAMRITA) 2019-05-15 1,274 892 SL 5.000000000000 255 255 255  
UPLIFT DESK (DEB) 2019-03-07 1,345 672 SL 7.000000000000 192 0 192  
MAC AIR -EH 2017-08-09 1,557 1,557 SL 5.000000000000 0 0 0  
MAC AIR- JM 2017-07-14 1,771 1,771 SL 5.000000000000 0 0 0  
IMAC FOR INTERNS 2017-06-27 726 726 SL 5.000000000000 0 0 0  
COMPUTER- ATHENA 2016-08-10 1,682 1,682 SL 5.000000000000 0 0 0  
OFFICE FURNITURE 2016-07-01 13,154 12,214 SL 7.000000000000 940 0 940  
SAMSUNG TV 2016-06-13 1,511 1,486 SL 5.000000000000 0 0 0  
MAC COMPUTER 2015-07-02 1,757 1,757 SL 5.000000000000 0 0 0  
OFFICE FURNITURE 2015-04-30 1,373 1,373 SL 7.000000000000 0 0 0  
WEBSITE 2014-12-22 7,500 7,500 SL 3.000000000000 0 0 0  
MAC COMPUTER 2014-04-15 1,846 1,846 SL 5.000000000000 0 0 0  
MAC COMPUTER 2014-04-15 1,846 1,846 SL 5.000000000000 0 0 0  
OFFICE FURNITURE 2013-12-02 5,998 5,998 SL 7.000000000000 0 0 0  
OFFICE FURNITURE 2013-11-26 2,374 2,374 SL 7.000000000000 0 0 0  
MACBOOK AIR- LIZ 2020-05-28 1,145 573 SL 5.000000000000 229 0 229  
MACBOOK AIR- SID 2020-06-26 1,279 640 SL 5.000000000000 256 0 256  
2 DESKS 2021-10-18 1,912 319 SL 7.000000000000 273 0 273  
2 ADDITIONAL DESKS 2020-11-11 1,811 518 SL 7.000000000000 259 0 259  
NEW MAC FOR KABIR 2021-03-10 1,062 389 SL 5.000000000000 212 0 212  
NEW MAC FOR JOANNA 2021-04-27 1,603 535 SL 5.000000000000 321 0 321  
NEW MAC FOR BELBEI 2021-07-28 1,465 415 SL 5.000000000000 293 0 293  
2 MACBOOK AIRS- ANGELLA AND EILEEN 2021-09-29 2,688 672 SL 5.000000000000 538 0 538  
TIGINESH'S COMPUTER 2021-12-01 1,255 272 SL 5.000000000000 251 0 251  
MACBOOK PRO 2021-09-09 1,593 425 SL 5.000000000000 319 0 319  
TV CREDENZA 2021-08-11 1,720 348 SL 7.000000000000 246 0 246  
JOANNA DESK 2021-09-29 763 136 SL 7.000000000000 109 0 109  
MACBOOK AIR'S 2021-09-09 3,862 1,029 SL 5.000000000000 0 0 0  
SOFA 2023-11-24 2,023   SL 7.000000000000 24 0 24  
CONFERENCE TABLE 2023-11-24 1,671   SL 7.000000000000 20 0 20  
DESK 2023-11-24 735   SL 7.000000000000 9 0 9  
ADJUSTABLE HEIGHT DESK 2023-11-24 4,830   SL 7.000000000000 58 0 58  
ROLLING DESK CHAIR 2023-11-24 510   SL 7.000000000000 6 0 6  
SMALL PRIVACY SCREENS 2023-11-24 520   SL 7.000000000000 6 0 6  
FILE CABINETS 2023-11-24 1,396   SL 7.000000000000 17 0 17  
MACBOOK 2023-11-24 1,251   SL 5.000000000000 21 0 21  
COMPUTER AND MOUSE 2023-03-28 1,358   SL 5.000000000000 204 0 204  
MACBOOK 2023-07-16 1,298   SL 5.000000000000 108 0 108  
MACBOOK - KARTIKEYA 2023-07-22 1,367   SL 5.000000000000 114 0 114  
LOANER 2023-09-09 1,408   SL 5.000000000000 94 0 94  
LOANER LAPTOP 2023-09-09 1,089   SL 5.000000000000 73 0 73  
TRAVEL LAPTOP 2023-11-22 1,081   SL 5.000000000000 18 0 18  
MOBILE DESK 2023-11-24 245   SL 7.000000000000 3 0 3  
ROLLING DESK CHAIR 2023-11-24 1,350   SL 7.000000000000 16 0 16  
ACCENT CHAIR 2023-11-24 527   SL 7.000000000000 6 0 6  
END TABLE 2023-11-24 158   SL 7.000000000000 2 0 2  
PRIVACY PANELS 2023-11-24 658   SL 7.000000000000 8 0 8  
LARGE PRIVACY SCREENS 2023-11-24 400   SL 7.000000000000 5 0 5  
SHIPPING COST 2023-11-24 1,306   SL 7.000000000000 16 0 16  
OFFICE IMPROVEMENTS 2024-01-01 179,138   SL 4.080000000000 0 0 0  
MACBOOK 2022-02-01 1,323   SL 5.000000000000 265 0 265  
MACBOOK 2022-03-05 1,061   SL 5.000000000000 212 0 212  
LINKSYS ATKAS NAX WIFI SYSTEM 2022-03-19 1,103   SL 5.000000000000 221 0 221  
COMPUTER 2022-11-29 2,123   SL 5.000000000000 425 0 425  
DESK 2022-02-01 1,206   SL 7.000000000000 172 0 172  

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TY 2023 ExpenditureResponsibilityStmt
Name:
GROWALD CLIMATE FUND INC
EIN:
46-4209325
Grantee's Name Grantee's Address Grant Date Grant Amount Grant Purpose Amount Expended By Grantee Any Diversion By Grantee? Dates of Reports By Grantee Date of Verification Results of Verification
AEER - AKSI EKOLOGI & EMANSIPASI RAKYAT
  		TALAVERA OFFICE PARK 28 FL JL TB
SIMATUPANG KAV 22-26
JAKARTA   12340
ID 		2022-10-14 100,678 INDONESIA BASED RESEARCH AND ENGAGEMENT FOCUSED ON STUDYING SUSTAINABILITY AND BIODIVERSITY LOSS IN ECO-SENSITIVE REGIONS OF INDONESIA. PROMOTING CLEAN ENERGY IN INDONESIA'S ENERGY SECTOR. 100,678 TO THE KNOWLEDGE OF THE GRANTOR, NO FUNDS HAVE BEEN DIVERTED. 8/7/24 2023-12-31 GRANT TERM: NOV 1, 2022 - OCT 31, 2023. EXPENSES HAVE BEEN EXPENDED PROPERLY TO SUPPORT THE GRANT AND ARE IN LINE WITH THE PROPOSED BUDGET. IN 2022 $5,322 WAS SPENT. AS OF DECEMBER 31, 2023 THERE WERE NO REMAINING FUNDS. EQUIVALENCY DETERMINATION CERTIFICATE WAS APPROVED FEBRUARY 2024. RECEIVED BY THE GRANTEE DURING THE YEAR FOR WHICH THIS REPORT IS SUBMITTED, $0.UNSPENT AS OF DECEMBER 31, 2023, $0.GRANTEE ASSERTS THAT IT HAS MADE ALL EXPENDITURES IN FURTHERANCE OF THE STATED PURPOSE OF THE GRANT.GRANTEE ASSERTS THAT IT HAS COMPLIED WITH ALL OF THE TERMS AND CONDITIONS OF THE GRANT SPECIFIED IN THE GRANT LETTER SIGNED BY THE GRANTEE AND GROWALD CLIMATE FUND, INC.
NATIONAL UNIVERSITY OF COLUMBIA
  		CARRERA 45 26-85
BOGOTA   111121
CO 		2022-10-14 188,773 PROVIDE TECHNICAL ASSISTANCE TO THE ASECN (ALLIANCE OF THE ELECTRIC SECTOR FOR CARBON NEUTRALITY) IN ORDER TO GUIDE AND ASSIST COMPANIES MEMBERS OF THE ALLIANCE IN DEVELOPING AND SOCIALIZING THEIR STRATEGIC PLANS FOR CLIMATE CHANGE. 165,176 TO THE KNOWLEDGE OF THE GRANTOR, NO FUNDS HAVE BEEN DIVERTED. 8/6/24 2023-12-31 GRANT TERM: NOV 2022 - FEB 29, 2024. EXPENSES HAVE BEEN EXPENDED PROPERLY TO SUPPORT THE GRANT AND ARE IN LINE WITH THE PROPOSED BUDGET. AS OF DECEMBER 31, 2023 THERE WERE $23,597 REMAINING FUNDS.RECEIVED BY THE GRANTEE DURING THE YEAR FOR WHICH THIS REPORT IS SUBMITTED, $0.UNSPENT AS OF DECEMBER 31, 2023, $23,597.GRANTEE ASSERTS THAT IT HAS MADE ALL EXPENDITURES IN FURTHERANCE OF THE STATED PURPOSE OF THE GRANT.GRANTEE ASSERTS THAT IT HAS COMPLIED WITH ALL OF THE TERMS AND CONDITIONS OF THE GRANT SPECIFIED IN THE GRANT LETTER SIGNED BY THE GRANTEE AND GROWALD CLIMATE FUND, INC.
RFI FOUNDATION
  		1 THE SANCTUARY
LONDON   SW1P 3JT
UK 		2022-04-08 100,000 DEVELOP DATA TO HELP FINANCIAL INSTITUTIONS AND FINANCIAL SECTOR STAKEHOLDERS IN ISLAMIC MARKETS (EMERGING MARKETS DEFINED BY A PRESENCE OF ISLAMIC FINANCE) TO MEASURE AND TAKE ACTION ON THEIR FINANCED EMISSIONS EXPOSURES. SUPPORT ORGANIZATIONAL DEVELOPMENT TO ENABLE GROWTH MANAGEMENT. 100,000 TO THE KNOWLEDGE OF THE GRANTOR, NO FUNDS HAVE BEEN DIVERTED. 8/7/24 2023-12-31 GRANT TERM: MAY 2022 - SEPT 2023. EXPENSES HAVE BEEN EXPENDED PROPERLY TO SUPPORT THE GRANT AND ARE IN LINE WITH THE PROPOSED BUDGET. IN 2022 $50,780 WAS SPENT. AS OF DECEMBER 31, 2023 THERE WERE NO REMAINING FUNDS. RECEIVED BY THE GRANTEE DURING THE YEAR FOR WHICH THIS REPORT IS SUBMITTED, $0.UNSPENT AS OF DECEMBER 31, 2023, $0.GRANTEE ASSERTS THAT IT HAS MADE ALL EXPENDITURES IN FURTHERANCE OF THE STATED PURPOSE OF THE GRANT.GRANTEE ASSERTS THAT IT HAS COMPLIED WITH ALL OF THE TERMS AND CONDITIONS OF THE GRANT SPECIFIED IN THE GRANT LETTER SIGNED BY THE GRANTEE AND GROWALD CLIMATE FUND, INC.
VIETNAM INSTITUTE FOR INTERNATIONAL EDUCATION
  		SO 15 NGO 21 PHUONG XUAN TAO QUAN
BAC TU LIEM
HANOI   64 10000
VM 		2022-11-18 309,500 TO PROVIDE ANALYSIS FOR IMPROVING DEVELOPMENT OF CLEAN POWER IN VIETNAM'S ENERGY SECTOR. 309,500 TO THE KNOWLEDGE OF THE GRANTOR, NO FUNDS HAVE BEEN DIVERTED. 8/7/24 2023-12-31 GRANT TERM: DEC 2022 - NOV 2023. EXPENSES HAVE BEEN EXPENDED PROPERLY TO SUPPORT THE GRANT AND ARE IN LINE WITH THE PROPOSED BUDGET. $5322 WAS SPENT IN 2022. AS OF DECEMBER 31, 2023 THERE WERE NO REMAINING FUNDS. RECEIVED BY THE GRANTEE DURING THE YEAR FOR WHICH THIS REPORT IS SUBMITTED, $0.UNSPENT AS OF DECEMBER 31, 2023, $0.GRANTEE ASSERTS THAT IT HAS MADE ALL EXPENDITURES IN FURTHERANCE OF THE STATED PURPOSE OF THE GRANT.GRANTEE ASSERTS THAT IT HAS COMPLIED WITH ALL OF THE TERMS AND CONDITIONS OF THE GRANT SPECIFIED IN THE GRANT LETTER SIGNED BY THE GRANTEE AND GROWALD CLIMATE FUND, INC.
AFRICAN CLIMATE ALLIANCE
  		3 TIVERTON RD
CAPE TOWN   7801
SF 		2022-04-08 100,000 CORE SUPPORT FOR ORGANIZATIONAL BUILDING AND FOCUS ON SCALING DIRECT ACTIION WORK AND YOUTH CLIMATE EDUCATIONAL PROGRAMS. 100,000 TO THE KNOWLEDGE OF THE GRANTOR, NO FUNDS HAVE BEEN DIVERTED. 8/7/24 2023-12-31 GRANT TERM: MAY 2022 - APRIL 2023. EXPENSES HAVE BEEN EXPENDED PROPERLY TO SUPPORT THE GRANT AND ARE IN LINE WITH THE PROPOSED BUDGET. 70,000 WAS SPENT IN 2022. AS OF DECEMBER 31, 2023 THERE WERE NO REMAINING FUNDS. RECEIVED BY THE GRANTEE DURING THE YEAR FOR WHICH THIS REPORT IS SUBMITTED, $0.UNSPENT AS OF DECEMBER 31, 2023, $0.GRANTEE ASSERTS THAT IT HAS MADE ALL EXPENDITURES IN FURTHERANCE OF THE STATED PURPOSE OF THE GRANT.GRANTEE ASSERTS THAT IT HAS COMPLIED WITH ALL OF THE TERMS AND CONDITIONS OF THE GRANT SPECIFIED IN THE GRANT LETTER SIGNED BY THE GRANTEE AND GROWALD CLIMATE FUND, INC.
PLAN 15 (SADAN-BEOBIN)
  		JONGRO-GU PILUNDAERO-5-NA-GIL 14-2
3F
SEOUL   11 03037
KS 		2022-10-14 150,000 PROVIDE INPUT TO ALIGN KOREA'S GREENHOUSE GAS REDUCTION PATHWAY WITH THE LEVEL THAT WOULD LIMIT THE TEMPERATURE RISE TO 1.5 DEGREES CELSIUS THROUGH POLICY ADVOCACY, AND CLIMATE MOVEMENT BUILDING. 150,000 TO THE KNOWLEDGE OF THE GRANTOR, NO FUNDS HAVE BEEN DIVERTED. 8/7/24 2023-12-31 GRANT TERM: JAN - DEC 2023. EXPENSES HAVE BEEN EXPENDED PROPERLY TO SUPPORT THE GRANT AND ARE IN LINE WITH THE PROPOSED BUDGET. AS OF DECEMEBER 31, 2023 THERE WERE NO REMAINING FUNDS. RECEIVED BY THE GRANTEE DURING THE YEAR FOR WHICH THIS REPORT IS SUBMITTED, $0.UNSPENT AS OF DECEMBER 31, 2023, $0.GRANTEE ASSERTS THAT IT HAS MADE ALL EXPENDITURES IN FURTHERANCE OF THE STATED PURPOSE OF THE GRANT.GRANTEE ASSERTS THAT IT HAS COMPLIED WITH ALL OF THE TERMS AND CONDITIONS OF THE GRANT SPECIFIED IN THE GRANT LETTER SIGNED BY THE GRANTEE AND GROWALD CLIMATE FUND, INC.
CEE BANKWATCH NETWORK
  		HERMANOVA 1088/8
PRAGUE   180 00
EZ 		2023-11-17 260,000 BUILD THE CAPACITY OF LOCAL GROUPS AND INDIVIDUALS IN CENTRAL ASIA TO SUPPORT A JUST ENERGY TRANSITION, THE CLIMATE AGENDA, AND THE EXPANSION OF RENEWABLE ENERGY. 0 TO THE KNOWLEDGE OF THE GRANTOR, NO FUNDS HAVE BEEN DIVERTED. 8/6/24 2023-12-31 GRANT TERM: JAN 2024 - DEC 2024. NO EXPENDITURES AS OF DECEMBER 31, 2023. EQUIVALENCY DETERMINATION CERTIFICATE ISSUED IN FEB 2024. NO ER FORM TO BE COMPLETED NEXT YEAR. RECEIVED BY THE GRANTEE DURING THE YEAR FOR WHICH THIS REPORT IS SUBMITTED, $260,000.UNSPENT AS OF DECEMBER 31, 2023, $260,000.GRANTEE ASSERTS THAT IT HAS MADE ALL EXPENDITURES IN FURTHERANCE OF THE STATED PURPOSE OF THE GRANT.GRANTEE ASSERTS THAT IT HAS COMPLIED WITH ALL OF THE TERMS AND CONDITIONS OF THE GRANT SPECIFIED IN THE GRANT LETTER SIGNED BY THE GRANTEE AND GROWALD CLIMATE FUND, INC.
CLIMATE ACTION NETWORK FOR EUROPE FS FOR BEYOND FOSSIL FUELS
  		RUE DEDIMBOURG 26
BRUSSELS   1050
BE 		2023-11-17 1,000,000 STRENGTHEN THE BEYOND FOSSIL FUELS SECRETARIAT TO DRIVE EUROPEAN POWER SECTOR DECARBONIZATION STRATEGY, ALIGN AND RESOURCE PARTNER ORGANIZATIONS AROUND KEY CAMPAIGN PRIORITIES AND DRIVE NATIONAL ACTIONS, AND DEVELOP DATA TOOLS AND CAMPAIGN RESEARCH FOR DRIVING PRIORITIZATION AND TRACKING IMPACT. 0 TO THE KNOWLEDGE OF THE GRANTOR, NO FUNDS HAVE BEEN DIVERTED. 8/6/24 2023-12-31 GRANT TERM: JAN 2024 - DEC 2025. NO EXPENDITURES AS OF DECEMBER 31, 2023EQUIVALENCY DETERMINATION CERTIFICATE ISSUED IN MARCH 2024. NO ER FORM TO BE COMPLETED NEXT YEAR. RECEIVED BY THE GRANTEE DURING THE YEAR FOR WHICH THIS REPORT IS SUBMITTED, $500,000.UNSPENT AS OF DECEMBER 31, 2023, $500,000.GRANTEE ASSERTS THAT IT HAS MADE ALL EXPENDITURES IN FURTHERANCE OF THE STATED PURPOSE OF THE GRANT.GRANTEE ASSERTS THAT IT HAS COMPLIED WITH ALL OF THE TERMS AND CONDITIONS OF THE GRANT SPECIFIED IN THE GRANT LETTER SIGNED BY THE GRANTEE AND GROWALD CLIMATE FUND, INC.
CLIMATE STRATEGIES
  		8 DEVONSHIRE SQUARE
LONDON   EC3M 4PL
UK 		2023-04-14 225,000 DEVELOPMENT OF AN EASTERN EUROPEAN OBSERVATORY TO GUIDE FUNDING AND STRATEGY. 60,000 TO THE KNOWLEDGE OF THE GRANTOR, NO FUNDS HAVE BEEN DIVERTED. 8/6/24 2023-12-31 GRANT TERM: MAY 2023 - APRIL 2025. EXPENSES HAVE BEEN EXPENDED PROPERLY TO SUPPORT THE GRANT AND ARE IN LINE WITH THE PROPOSED BUDGET. AS OF DECEMBER 31, 2023 THERE WERE $65,000 REMAINING FUNDS OUT OF THE FIRST YEAR'S PAYMENT. EQUIVALENCY DETERMINATION CERTIFICATE ISSUED IN FEB 2024. NO ER FORM TO BE COMPLETED NEXT YEAR. RECEIVED BY THE GRANTEE DURING THE YEAR FOR WHICH THIS REPORT IS SUBMITTED, $125,000.UNSPEND AS OF DECEMBER 31, 2023, $65,000.GRANTEE ASSERTS THAT IT HAS MADE ALL EXPENDITURES IN FURTHERANCE OF THE STATED PURPOSE OF THE GRANT.GRANTEE ASSERTS THAT IT HAS COMPLIED WITH ALL OF THE TERMS AND CONDITIONS OF THE GRANT SPECIFIED IN THE GRANT LETTER SIGNED BY THE GRANTEE AND GROWALD CLIMATE FUND, INC.
INITIATIVE FOR SOCIAL PERFORMANCE IN RENEWABLE ENERGY
  		8 ARNOLD ROAD UNIT 2
JOHANNESBURG,GAUTENG2196
SF 		2023-11-17 150,000 CORE SUPPORT TO ESTABLISH ITS FINANCIAL BASE, DEVELOP A BUSINESS PLAN, BUILD ITS ORGANIZATIONAL INFRASTRUCTURE, AND ADDRESS ADMINISTRATIVE NEEDS. 0 TO THE KNOWLEDGE OF THE GRANTOR, NO FUNDS HAVE BEEN DIVERTED. 8/6/24 2023-12-31 GRANT TERM: JAN 2024 - DEC 2024 - NO EXPENDITURES AS OF DECEMBER 31, 2023. EQUIVALENCY DETERMINATION CERTIFICATE ISSUED IN FEB 2024. NO ER FORM TO BE COMPLETED NEXT YEAR. RECEIVED BY THE GRANTEE DURING THE YEAR FOR WHICH THIS REPORT IS SUBMITTED, $150,000.UNSPENT AS OF DECEMBER 31, 2023, $150,000.GRANTEE ASSERTS THAT IT HAS MADE ALL EXPENDITURES IN FURTHERANCE OF THE STATED PURPOSE OF THE GRANT.GRANTEE ASSERTS THAT IT HAS COMPLIED WITH ALL OF THE TERMS AND CONDITIONS OF THE GRANT SPECIFIED IN THE GRANT LETTER SIGNED BY THE GRANTEE AND GROWALD CLIMATE FUND, INC.
PLAN 15
  		14-2 PILUNDAERO-5-NA-GIL 14-2 3F
SEOUL   11 03037
KS 		2023-11-17 200,000 THE OBJECTIVE OF THIS GRANT IS TO SUPPORT PLAN 1.5 IN THEIR WORK TOWARDS A 1.5-ALIGNED KOREA. 0 TO THE KNOWLEDGE OF THE GRANTOR, NO FUNDS HAVE BEEN DIVERTED. 8/6/24 2023-12-31 GRANT TERM: JAN 2024 - DEC 2024 - NO EXPENDITURES AS OF DECEMBER 31, 2023EQUIVALENCY DETERMINATION CERTIFICATE ISSUED IN JAN 2024. NO ER FORM TO BE COMPLETED NEXT YEAR. RECEIVED BY THE GRANTEE DURING THE YEAR FOR WHICH THIS REPORT IS SUBMITTED, $200,000.UNSPENT AS OF DECEMBER 31, 2023, $200,000.GRANTEE ASSERTS THAT IT HAS MADE ALL EXPENDITURES IN FURTHERANCE OF THE STATED PURPOSE OF THE GRANT.GRANTEE ASSERTS THAT IT HAS COMPLIED WITH ALL OF THE TERMS AND CONDITIONS OF THE GRANT SPECIFIED IN THE GRANT LETTER SIGNED BY THE GRANTEE AND GROWALD CLIMATE FUND, INC.
STICHTING RECOURSE INTERNATIONAL
  		KRAIJENHOFFSTRAAT 137A
AMSTERDAM   1018 RG
NL 		2023-09-20 20,000 SUPPORT A CSO-LED CONVENING ON PUBLIC FINANCE THAT BRINGS TOGETHER MOSTLY SOUTHERN CSOS TO ACHIEVE A COMMON UNDERSTANDING AND STRATEGY ON THE ROLE OF PUBLIC FINANCE TO ACCELERATE THE TRANSITION TO RENEWABLE ENERGY-BASED ECONOMIES. 20,000 TO THE KNOWLEDGE OF THE GRANTOR, NO FUNDS HAVE BEEN DIVERTED. 8/6/24 2023-12-31 GRANT TERM: AUG 2023 - OCT 2023. EXPENSES HAVE BEEN EXPENDED PROPERLY TO SUPPORT THE GRANT AND ARE IN LINE WITH THE PROPOSED BUDGET. AS OF DECEMBER 31, 2023 THERE WERE NO REMAINING FUNDS. RECEIVED BY THE GRANTEE DURING THE YEAR FOR WHICH THIS REPORT IS SUBMITTED, $20,000.UNSPENT AS OF DECEMBER 31, 2023, $0.GRANTEE ASSERTS THAT IT HAS MADE ALL EXPENDITURES IN FURTHERANCE OF THE STATED PURPOSE OF THE GRANT.GRANTEE ASSERTS THAT IT HAS COMPLIED WITH ALL OF THE TERMS AND CONDITIONS OF THE GRANT SPECIFIED IN THE GRANT LETTER SIGNED BY THE GRANTEE AND GROWALD CLIMATE FUND, INC.
WORLD ECONOMIC FORUM
  		91-93 ROUTE DE LA CAPITE
COLOGNY,GENEVE1223
SZ 		2023-06-28 200,000 SUPPORTS A DEDICATED PROFESSIONAL INSIDE THE ENERGY TEAM. TO PLANT THE SEEDS OF A NEW GLOBAL CONSORTIUM EFFORT TO SHIFT FROM COAL INTENSIVE ENERGY TO CLEAN ENERGY. 66,700 TO THE KNOWLEDGE OF THE GRANTOR, NO FUNDS HAVE BEEN DIVERTED. 8/6/24 2023-12-31 GRANT TERM: JULY 1, 2023 - DECEMBER 31, 2024. EXPENSES HAVE BEEN EXPENDED PROPERLY TO SUPPORT THE GRANT AND ARE IN LINE WITH THE PROPOSED BUDGET. AS OF DECEMBER 31, 2023 THERE WERE $66,670 REMAINING FUNDS. RECEIVED BY THE GRANTEE DURING THE YEAR FOR WHICH THIS REPORT IS SUBMITTED, $200,000.UNSPENT AS OF DECEMBER 31, 2023, $133,330.GRANTEE ASSERTS THAT IT HAS MADE ALL EXPENDITURES IN FURTHERANCE OF THE STATED PURPOSE OF THE GRANT.GRANTEE ASSERTS THAT IT HAS COMPLIED WITH ALL OF THE TERMS AND CONDITIONS OF THE GRANT SPECIFIED IN THE GRANT LETTER SIGNED BY THE GRANTEE AND GROWALD CLIMATE FUND, INC.

TY 2023 InvestmentsCorpBondsSchedule
Name:
GROWALD CLIMATE FUND INC
EIN:
46-4209325
Name of Bond End of Year Book Value End of Year Fair Market Value
SIMON PROPERTY GROUP LP 3.75% 2/01/24 48,860 48,860
KROGER CO/THE 4% 2/01/24 48,698 48,698
AT&T INC 0.9% 3/25/24 118,050 118,050
ORACLE CORP 3.4% 7/08/24 44,564 44,564
BRUNSWICK CORP 0.85% 8/18/24 42,575 42,575
WALT DISNEY CO/THE 1.75% 8/30/24 44,894 44,894
CITIGROUP INC 0.776% 10/30/24 113,242 113,242
PNC FINANCIAL SERVICES 2.2% 11/01/24 67,202 67,202
MORGAN STANLEY 94,379 94,379
IBM CORP 37,983 37,983
VERIZON 120,259 120,259
JP MORGAN CHASE & CO 118,760 118,760
BANK OF AMERICA CORP 118,887 118,887
WELLS FARGO 35,292 35,292
AMAZON COM INC 67,124 67,124
APPLE INC 16,918 16,918
CVS HEALTH CORP 50,319 50,319
FIFTH THIRD BANCORP 24,902 24,902
GENERAL MOTORS CO 44,591 44,591
GOLDMAN SACHS 81,128 81,128
HOME DEPOT INC 78,242 78,242
PFIZER INVESTMENT ENTERPRISES 52,908 52,908
TRUIST FINANCIAL CORP 70,488 70,488
US BANCORP 26,682 26,682

TY 2023 InvestmentsGovtObligationsSch
Name:
GROWALD CLIMATE FUND INC
EIN:
46-4209325
US Government Securities - End of Year Book Value:

2,194,412
US Government Securities - End of Year Fair Market Value:

2,194,412
State & Local Government Securities - End of Year Book Value:


1,073,636
State & Local Government Securities - End of Year Fair Market Value:


1,073,636


TY 2023 InvestmentsOtherSchedule2
Name:
GROWALD CLIMATE FUND INC
EIN:
46-4209325
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
UNIFORM MBS POOL FMV 27,562 27,562
GOVT NATL MTG ASSN II POOL FMV 23,116 23,116
VANGUARD SCOTTSDALE FDS MTG-BKD SECS ETF FMV 328,090 328,090

TY 2023 LandEtcSchedule2
Name:
GROWALD CLIMATE FUND INC
EIN:
46-4209325
Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
UPLIFT DESK (DEB) 1,345 864 481  
IMAC FOR INTERNS 726 726 0  
OFFICE FURNITURE 13,154 13,154 0  
SAMSUNG TV 1,511 1,486 25  
MAC COMPUTER 1,757 1,757 0  
OFFICE FURNITURE 1,373 1,373 0  
WEBSITE 7,500 7,500 0  
MAC COMPUTER 1,846 1,846 0  
MAC COMPUTER 1,846 1,846 0  
OFFICE FURNITURE 5,998 5,998 0  
OFFICE FURNITURE 2,374 2,374 0  
MACBOOK AIR- LIZ 1,145 802 343  
MACBOOK AIR- SID 1,279 896 383  
2 DESKS 1,912 592 1,320  
2 ADDITIONAL DESKS 1,811 777 1,034  
NEW MAC FOR KABIR 1,062 601 461  
NEW MAC FOR JOANNA 1,603 856 747  
NEW MAC FOR BELBEI 1,465 708 757  
2 MACBOOK AIRS- ANGELLA AND EILEEN 2,688 1,210 1,478  
TIGINESH'S COMPUTER 1,255 523 732  
MACBOOK PRO 1,593 744 849  
TV CREDENZA 1,720 594 1,126  
JOANNA DESK 763 245 518  
SOFA 2,023 24 1,999  
CONFERENCE TABLE 1,671 20 1,651  
DESK 735 9 726  
ADJUSTABLE HEIGHT DESK 4,830 58 4,772  
ROLLING DESK CHAIR 510 6 504  
SMALL PRIVACY SCREENS 520 6 514  
FILE CABINETS 1,396 17 1,379  
MACBOOK 1,251 21 1,230  
COMPUTER AND MOUSE 1,358 204 1,154  
MACBOOK 1,298 108 1,190  
MACBOOK - KARTIKEYA 1,367 114 1,253  
LOANER 1,408 94 1,314  
LOANER LAPTOP 1,089 73 1,016  
TRAVEL LAPTOP 1,081 18 1,063  
MOBILE DESK 245 3 242  
ROLLING DESK CHAIR 1,350 16 1,334  
ACCENT CHAIR 527 6 521  
END TABLE 158 2 156  
PRIVACY PANELS 658 8 650  
LARGE PRIVACY SCREENS 400 5 395  
SHIPPING COST 1,306 16 1,290  
OFFICE IMPROVEMENTS 179,138 0 179,138  
MACBOOK 1,323 265 1,058  
MACBOOK 1,061 212 849  
LINKSYS ATKAS NAX WIFI SYSTEM 1,103 221 882  
COMPUTER 2,123 425 1,698  
DESK 1,206 172 1,034  


TY 2023 LegalFeesSchedule
Name:
GROWALD CLIMATE FUND INC
EIN:
46-4209325
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
PROFESSIONAL SERVICES 34,981 0 0 34,981


TY 2023 OtherAssetsSchedule
Name:
GROWALD CLIMATE FUND INC
EIN:
46-4209325
Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
SECURITY DEPOSIT 13,191 18,992 18,992
ACCRUED DIVIDEND RECEIVABLE 172 23,176 23,176
ACCRUED INTEREST RECEIVABLE 8,980 0 0
RIGH OF USE ASSET - OPERATING LEASE 399,500 401,371 401,371


TY 2023 OtherExpensesSchedule
Name:
GROWALD CLIMATE FUND INC
EIN:
46-4209325
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
TRAINING AND EDUCATION 42,992 0 0 42,992
OFFICE SUPPLIES 12,266 0 0 12,266
INSURANCE 7,838 0 0 7,838
INFORMATION TECHNOLOGY 77,743 0 0 77,743
BANK CHARGES AND OTHER FEES 70,039 0 0 70,039
CONTRACTUAL SERVICES 1,764,089 0 0 1,764,089
DUES AND SUBSCRIPTIONS 7,556 0 0 7,556
MISC EXPENSES 790 0 0 790
GIFTS/APPRECIATION 3,840 0 0 3,840


TY 2023 OtherIncreasesSchedule
Name:
GROWALD CLIMATE FUND INC
EIN:
46-4209325
Description Amount
UNREALIZED GAIN ON INVESTMENTS 121,998


TY 2023 OtherLiabilitiesSchedule
Name:
GROWALD CLIMATE FUND INC
EIN:
46-4209325
Description Beginning of Year - Book Value End of Year - Book Value
EXCISE TAX DUE 459 30,000
LEASE LIABILITY 411,414 417,284


TY 2023 OtherProfessionalFeesSchedule
Name:
GROWALD CLIMATE FUND INC
EIN:
46-4209325
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
INVESTMENT MANAGEMENT FEES 13,653 13,653 13,653 0


TY 2023 SubstantialContributorsSch
Name:
GROWALD CLIMATE FUND INC
EIN:
46-4209325
Name Address
QUADRATURE CLIMATE FOUNDATION INTER 122 LEADENHALL STREET
LONDON    
UK
PAUL AND EILEEN GROWALD PO BOX 459
SHELBURNE,VT05482


TY 2023 TaxesSchedule
Name:
GROWALD CLIMATE FUND INC
EIN:
46-4209325
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FEDERAL EXCISE TAX 51,000 0 0 0