Attach to Form 990 or Form 990-EZ.
Go to
www.irs.gov/Form990 for instructions and 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 | |||||
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Total |
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Calendar year
(or fiscal year beginning in)
![]() |
(a) 2020 | (b) 2021 | (c) 2022 | (d) 2023 | (e) 2024 | (f) Total | |
|---|---|---|---|---|---|---|---|
| 1 | Gifts, grants, contributions, and membership fees received. (Do not include any "unusual grant.") .. | 6,750,000 | 232,854,000 | 77,109,254 | 283,755,402 | 162,061,323 | 762,529,979 |
| 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 | 6,750,000 | 232,854,000 | 77,109,254 | 283,755,402 | 162,061,323 | 762,529,979 |
| 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) .. | 467,348,992 | |||||
| 6 | Public support. Subtract line 5 from line 4. | 295,180,987 | |||||
Calendar year
(or fiscal year beginning in)
![]() |
(a) 2020 | (b) 2021 | (c) 2022 | (d) 2023 | (e) 2024 | (f) Total | |
|---|---|---|---|---|---|---|---|
| 7 | Amounts from line 4.. | 6,750,000 | 232,854,000 | 77,109,254 | 283,755,402 | 162,061,323 | 762,529,979 |
| 8 | Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources... | 1,286 | 19,218 | 1,059,701 | 1,237,740 | 1,710,828 | 4,028,773 |
| 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.).. | 189,805 | -41,973 | -384,530 | -236,698 | ||
| 11 | Total support. Add lines 7 through 10 | 766,322,054 | |||||
Calendar year (or fiscal
year beginning in) ![]() |
(a) 2020 | (b) 2021 | (c) 2022 | (d) 2023 | (e) 2024 | (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) 2020 | (b) 2021 | (c) 2022 | (d) 2023 | (e) 2024 | (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 on 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) |
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| 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) |
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| 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): |
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| 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 0.015 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 0.035 | 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 | 1 | |
|
2
Amounts paid to perform activity that directly furthers exempt purposes of supported organizations, in excess of income from activity |
2 | |
| 3 Administrative expenses paid to accomplish exempt purposes of supported organizations | 3 | |
| 4 Amounts paid to acquire exempt-use assets | 4 | |
| 5 Qualified set-aside amounts (prior IRS approval required - provide details in Part VI) | 5 | |
| 6 Other distributions (describe in Part VI). See instructions | 6 | |
| 7Total annual distributions. Add lines 1 through 6. | 7 | |
|
8
Distributions to attentive supported organizations to which the organization is responsive (provide details in Part VI). See instructions |
8 | |
| 9 Distributable amount for 2024 from Section C, line 6 | 9 | |
| 10 Line 8 amount divided by Line 9 amount | 10 | |
| Section E - Distribution Allocations (see instructions) |
(i) Excess Distributions |
(ii) Underdistributions Pre-2024 |
(iii) Distributable Amount for 2024 |
|
|---|---|---|---|---|
| 1 Distributable amount for 2024 from Section C, line 6 | ||||
|
2
Underdistributions, if any, for years prior to 2024 (reasonable cause required-- explain in Part VI).
See instructions. |
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| 3 Excess distributions carryover, if any, to 2024: | ||||
| a From 2019....... | ||||
| b From 2020....... | ||||
| c From 2021....... | ||||
| d From 2022....... | ||||
| e From 2023....... | ||||
| fTotal of lines 3a through e | ||||
| g Applied to underdistributions of prior years | ||||
| h Applied to 2024 distributable amount | ||||
|
i
Carryover from 2019 not applied (see instructions) |
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| j Remainder. Subtract lines 3g, 3h, and 3i from line 3f. | ||||
| 4Distributions for 2024 from Section D, line 7: | ||||
| $ | ||||
| a Applied to underdistributions of prior years | ||||
| b Applied to 2024 distributable amount | ||||
| c Remainder. Subtract lines 4a and 4b from line 4. | ||||
|
5
Remaining underdistributions for years prior to 2024, 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 2024. 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 2025. Add lines 3j and 4c. |
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| 8 Breakdown of line 7: | ||||
| a Excess from 2020..... | ||||
| b Excess from 2021..... | ||||
| c Excess from 2022..... | ||||
| d Excess from 2023..... | ||||
| e Excess from 2024..... | ||||
| Facts And Circumstances Test |
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| Return Reference | Explanation |
|---|---|
| SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: | FOREIGN EXCHANGE GAIN/LOSS - 2022 AMOUNT: $ 189,805. 2023 AMOUNT: $ -41,973. 2024 AMOUNT: $ -384,530. |
| Software ID: | |
| Software Version: |
| Return Reference | Explanation |
|---|---|
| FORM 990, PART III, LINE 1 | THE MISSION OF RF CATALYTIC CAPITAL, INC. (RFCC) IS TO FOSTER AND PROMOTE THE GENERAL WELLBEING OF HUMANITY THROUGHOUT THE WORLD. SPECIFICALLY, RFCC WILL WORK TO DEVELOP, SUPPORT AND/OR APPLY INNOVATIVE SOLUTIONS TO ADDRESS THE WORLD'S MOST INTRACTABLE SOCIAL AND ENVIRONMENTAL PROBLEMS IMPACTING VULNERABLE PEOPLE, COMMUNITIES AND ECOSYSTEMS, AND AGGREGATE, MANAGE AND DEPLOY CAPITAL TO FUND ACTIVITIES CONSISTENT WITH THE FOREGOING AND WHICH BUILD ON OR OTHERWISE STRENGTHEN OR EXPAND THE CHARITABLE PROGRAMS AND INITIATIVES OF ROCKEFELLER FOUNDATION AND OTHER LIKE-MINDED INSTITUTIONS, AS THOSE MAY BE ARTICULATED FROM TIME TO TIME, INCLUDING WITHOUT LIMITATION IN THE AREAS OF PUBLIC HEALTH, FOOD SUSTAINABILITY AND SECURITY, ENDING ENERGY POVERTY AND PROMOTING RENEWABLE CLEAN ENERGY AND EXPANDING EQUITY AND ECONOMIC OPPORTUNITY. |
| FORM 990, PART III, LINE 4A | INVEST IN OUR FUTURE (IOF): SUPPORTS PHILANTHROPIC EFFORTS TO MOBILIZE FUNDS ENSURING THAT UNPRECEDENTED FEDERAL CLEAN ENERGY INVESTMENTS STRENGTHEN COMMUNITIES ACROSS THE COUNTRY, REDUCE POLLUTION AND TRANSFORM OUR ECONOMY. THIS INITIATIVE FOCUSES ON IMPLEMENTING THE BENEFITS AVAILABLE UNDER THREE PIECES OF LANDMARK LEGISLATION THE INFLATION REDUCTION ACT, BIPARTISAN INFRASTRUCTURE LAW, AND CHIPS AND SCIENCE ACT WHICH PROVIDE SIGNIFICANT OPPORTUNITIES TO STRENGTHEN COMMUNITIES THROUGH INVESTMENTS IN A CLEAN ENERGY ECONOMY. |
| FORM 990, PART III, LINE 4B | GLOBAL ENERGY ALLIANCE FOR PEOPLE AND PLANET (GEAPP) AIMS TO HARNESS THE FULL POTENTIAL OF GREEN ENERGY TO CREATE A MORE SUSTAINABLE AND EQUITABLE WORLD. CREATED IN OCTOBER 2021, GEAPP'S PRIMARY GOAL IS TO BRING RELIABLE ELECTRICITY, POWERED BY MODERN RENEWABLE TECHNOLOGIES, TO A BILLION PEOPLE BY DECADE'S END AND IN DOING SO REDUCE ONE BILLION TONS OF GREENHOUSE GAS EMISSIONS. |
| FORM 990, PART III, LINE 4C | M300 ACCELRATOR(M300A): ESTABLISHED TO HELP "COORDINATE ADVANCE" THE WORLD BANK'S AND AFRICAN DEVELOPMENT BANK'S COMMITMENT TO HELP 300 MILLION AFRICAN GAIN ACCESS TO ELECTRICITY BY 2030. |
| FORM 990, PART V, LINE 2 | IN ADDITION TO RFCC'S OWN EMPLOYEES AND THE EMPLOYEES OF THE DISREGARDED ENTITY, GLOBAL ENERGY ALLIANCE FOR PEOPLE AND PLANET LLC ("GEAPP"), RFCC ALSO SHARES EMPLOYEES WITH ITS SOLE MEMBER, ROCKEFELLER FOUNDATION (EIN# 13-1659629). ROCKEFELLER FOUNDATION'S DIRECTORS AND OFFICERS HAVE MADE A SIGNIFICANT CONTRIBUTION OF THEIR TIME TO DEVELOP RFCC AND ITS PROGRAMS. ALL W-2S AND REQUIRED EMPLOYMENT TAX RETURNS ARE FILED BY ROCKEFELLER FOUNDATION. NONE OF THE COMPENSATION PAID BY ROCKEFELLER FOUNDATION FOR THE PEOPLE PROVIDING ASSISTANCE TO RFCC IS ALLOCATED OR REIMBURSED BY RFCC AND THEY ARE DONATED SERVICES. OF THE TOTAL 51 EMPLOYEES REPORTED ON FORM 990, PART V, LINE 2, 32 ARE U.S. EMPLOYEES FROM GEAPP AND THE REMAINING 19 RFCC EMPLOYEES ARE PAID THROUGH A PAID EMPLOYER ORGANIZATION. IN ADDITION, THE ORGANIZATION NOTES THAT IT HAS 75 INTERNATIONAL EMPLOYEES THAT WOULD NOT BE REPORTED ON A U.S. FORM W-3. |
| FORM 990, PART VI, SECTION A, LINE 6 | MEMBERS AND STOCKHOLDERS THE ORGANIZATION'S SOLE MEMBER IS THE ROCKEFELLER FOUNDATION. |
| FORM 990, PART VI, SECTION A, LINE 7A | THE ORGANIZATION'S SOLE MEMBER, THE ROCKEFELLER FOUNDATION, HAS THE EXCLUSIVE RIGHT TO APPOINT MEMBERS OF THE BOARD OF DIRECTORS. |
| FORM 990, PART VI, SECTION A, LINE 7B | PURSUANT TO THE ORGANIZATION'S BYLAWS, THE FOLLOWING GOVERNANCE DECISIONS ARE SUBJECT TO THE APPROVAL OF THE ORGANIZATION'S SOLE MEMBER: - INCREASING OR DECREASING THE NUMBER OF DIRECTORS ON THE BOARD; - REMOVAL OF OFFICERS OR DIRECTORS OR FILLING BOARD VACANCIES; - AMENDING THE ORGANIZATION'S BYLAWS; AND - DELEGATING APPROVAL AUTHORITY TO THE BOARD MEMBERS OF RFCC'S SUBSIDIARIES. |
| FORM 990, PART VI, SECTION B, LINE 11B | FORM 990 REVIEW PROCESS THE ORGANIZATION'S FORM 990 IS PREPARED BY A NATIONALLY RECOGNIZED ACCOUNTING FIRM IN CONJUNCTION WITH THE ORGANIZATION'S SENIOR MANAGEMENT AND FINANCIAL TEAM. THE FORM 990 IS REVIEWED INTERNALLY BY THE FINANCE AND LEGAL TEAMS OF THE ROCKEFELLER FOUNDATION, THE ORGANIZATION'S SOLE MEMBER. THE PROCESS IS ALSO INCLUSIVE OF A REVIEW BY EXTERNAL LEGAL COUNSEL. RFCC'S AUDIT COMMITTEE IS IN CHARGE OF OVERSEEING THE PRESENTATION OF AND REPORTING ON AUDITED FINANCIAL STATEMENTS AND THE FORM 990. A COMPLETE COPY OF THE FORM 990 IS PROVIDED TO ALL MEMBERS OF THE GOVERNING BOARD PRIOR TO FILING WITH THE INTERNAL REVENUE SERVICE. |
| FORM 990, PART VI, SECTION B, LINE 12C | MONITORING AND ENFORCEMENT OF CONFLICT OF INTEREST POLICY THE ORGANIZATION HAS A CONFLICT OF INTEREST POLICY THAT COVERS ALL DIRECTORS, OFFICERS, EMPLOYEES, AND BOARD COMMITTEE MEMBERS, REQUIRING THEM TO ANNUALLY SUBMIT A STATEMENT TO THE SECRETARY OF THE BOARD TO DISCLOSE ANY POTENTIAL CONFLICTS OF INTEREST. DIRECTORS MUST ALSO DISCLOSE POTENTIAL CONFLICTS OF INTEREST TO THE BOARD AS THEY ARISE. THE BOARD DETERMINES WHETHER A CONFLICT EXISTS BY MAJORITY VOTE, AND THE CONFLICTED PERSON MUST RECUSE HIMSELF/HERSELF FROM THE DISCUSSION AND VOTE ON SUCH MATTER. FORM 990, PART VI, SECTION B, LINE 13-14: WHISTLEBLOWER POLICY THE ORGANIZATION HAS A WHISTLEBLOWER POLICY THAT IS APPLICABLE TO ALL EMPLOYEES, BOARD MEMBERS AND OTHER INDIVIDUALS AND PARTNERS WITH WHOM RFCC CONDUCTS BUSINESS. THE ORGANIZATION HAS A DOCUMENT RETENTION POLICY AND DESTRUCTION POLICY THAT IS APPLICABLE TO ALL RFCC STAFF AND BOARD MEMBERS. |
| FORM 990, PART VI, SECTION B, LINE 15B | ON A PERIODIC BASIS, THE ROCKEFELLER FOUNDATION DOES A THOROUGH REVIEW OF COMPENSATION FOR THE PRESIDENT AND THE EXECUTIVE TEAM. THIS REVIEW INCLUDES A COMPENSATION SURVEY BY AN INDEPENDENT COMPENSATION CONSULTANT, AND CONSIDERATION OF COMPARABILITY DATA OBTAINED FROM OTHER SOURCES. THE SURVEY AND DATA ARE CAREFULLY CONSIDERED BY THE ROCKEFELLER FOUNDATION'S COMPENSATION COMMITTEE TO ENSURE THAT COMPENSATION IS REASONABLE AND APPROPRIATE. SUBSTANTIATION OF THE DELIBERATION AND DECISION OF THE COMPENSATION COMMITTEE IS MAINTAINED IN THE MEETING MINUTES. RFCC HIRING PRACTICES ENSURES BUSINESS CASES ARE DEVELOPED, BUDGETS ARE APPROVED, AND TALENT IS IDENTIFIED, EVALUATED, SELECTED AND VETTED IN A CONSISTENT MANNER. THE RFCC COMPENSATION TEAM ASSESSES THE MARKET FOR COMPETITIVE AND FAIR PAY RANGES AND PARTNERS WITH AN OUTSIDE CONSULTANCY ON EXECUTIVE COMPENSATION TO DETERMINE REASONABLENESS. GEAPP USES COMPENSATION INFORMATION AND COMPARABILITY DATA FROM ROCKEFELLER FOUNDATION TO DETERMINE THE COMPENSATION OF THE CEO AND THE EXECUTIVE TEAM, REVIEWED BY THE PEOPLE COMMITTEE OF THE GEAPP BOARD. EMPLOYEES UNDERGO A THOROUGH EVALUATION PROCESS AT THE END OF EACH YEAR. PERFORMANCE AND GOALS ARE CAREFULLY REVIEWED AND DOCUMENTED, THEN DISCUSSED WITH THE EMPLOYEE. MERIT INCREASES AND BONUS AWARDS ARE DETERMINED BASED ON THESE EVALUATIONS. WHILE THE PROCESS FOR DETERMINING THE COMPENSATION OF THESE INDIVIDUALS INCLUDES A REVIEW AND APPROVAL BY INDEPENDENT PERSONS, COMPARABILITY DATA COMPILED BY INDEPENDENT THIRD PARTIES, AND CONTEMPORANEOUS DOCUMENTATION AS REQUIRED BY THE IRS, THIS PROCESS IS NOT UNDERTAKEN BY RFCC ITSELF AND THE ORGANIZATION IS REQUIRED TO ANSWER FORM 990, PART VI, LINE 15(A) AND 15(B) NO. |
| FORM 990, PART VI, SECTION C, LINE 19 | DOCUMENTS MADE AVAILABLE TO THE PUBLIC THE ORGANIZATION'S FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC ON THE ORGANIZATION'S WEBSITE. THE FORM 990 IS ALSO AVAILABLE ON WWW.GUIDESTAR.ORG. THE ORGANIZATION'S GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE NOT ORDINARILY MADE AVAILABLE TO THE PUBLIC, BUT IF REQUESTED, IT WILL BE PROVIDED AT MANAGEMENT'S DISCRETION. |
| FORM 990, PART XI, LINE 9: | RECOVERABLE GRANTS 11,409,674. GRANT LAPSES AND RETURNS 3,159,778. CUMULATIVE NET PRESENT VALUE DISCOUNT ON BOTH GRANTS PAID AND RECEIVED 1,698,221. |
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