Climate and Clean Energy Equity Fund
Public records show a registered, tax-exempt organization in good standing.
What it says it does
THE EQUITY FUND BELIEVES THAT DURABLE PROGRESS ON CLIMATE ACTION REQUIRES A BROAD, DIVERSE, AND POWERFUL BASE OF POPULAR SUPPORT THAT ADVANCES ECONOMIC, GENDER AND RACIAL EQUITY. WE PAIR DEEP AND SUSTAINED FUNDING WITH EXPERT POLICY ANALYSIS AND NARRATIVE STRATEGY TO BUILD AUTHENTIC POWER IN COMMUNITIES, STATE BY STATE. TOGETHER WITH OUR PARTNERS, WE DELIVER EQUITABLE CLIMATE PROGRESS, TRANSFORM PUBLIC NARRATIVES ABOUT CLIMATE CHANGE, AND BUILD POLITICAL WILL FOR LASTING PUBLIC POLICIES TO SECURE A FUTURE WE ALL DESERVE.
- Income
- $29.5 million
- Spending
- $25.7 million
- Spent on programs
- 81%
- Reserves
- 12.9 months of spending
- Largest source of income
- donations and private grants, 95%
- Employees
- 37
- Volunteers
- 4
- Highest pay
- $332,290, coo - until 06/2024
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Good: 86 out of 100. Higher than 68% of charities in its peer group (environment, $10m to $100m).
Reserves
35 of 35Spendable reserves would cover 12.9 months of spending.
Debt
16 of 20It owes 20% of what it owns.
Living within its means
15 of 15Income exceeded spending by 13% of income.
Income trend
5 of 15Income fell 24% on the year before.
Spending floor
15 of 1581% of spending went to programs and raising each dollar of donations cost 3 cents.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Good: 88 out of 100. Higher than 15% of charities in its peer group (environment, $10m to $100m).
Independent board
18 of 252 of 3 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
7 of 7Has a written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Pay set independently
0 of 5Reports no independent review process for its chief executive's pay.
Independent check of accounts
15 of 15Its accounts were audited by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (3)
- $19.3 million spent. GRANT PROGRAMS: THE EQUITY FUND PROVIDES CATALYTIC AND SUSTAINED FUNDING, CAPACITY-BUILDING, AND TECHNICAL ASSISTANCE TO MULTI-ISSUE COMMUNITY-BASED ORGANIZATIONS. WE CHAMPION COMMUNITY-SUPPORTED SOLUTIONS THAT DELIVER EQUITABLE ECONOMIC OPPORTUNITIES AND ADDRESS DISPARITIES IN HEALTH, HOUSING AND JOB QUALITY THROUGH A TRANSITION TO CLEAN ENERGY.OUR GRANTMAKING SUPPORTS OVER 170 COMMUNITY PARTNERS ACROSS RURAL, URBAN AND SUBURBAN GEOGRAPHIES TO LEAD LARGE-SCALE ADVOCACY, STRATEGIC COMMUNICATIONS, AND NONPARTISAN CIVIC ENGAGEMENT INITIATIVES. WE HAVE RAISED MORE THAN $230 MILLION TO SUPPORT MORE THAN 300 ORGANIZATIONS IN 13 STATES.
- $1.4 million spent. POLICY ACCELERATOR: OUR POLICY ACCELERATOR PROVIDES GRANTEE PARTNERS WITH CAPACITY-BUILDING AND TECHNICAL ASSISTANCE INCLUDING POLICY RESEARCH, DATA ANALYSIS, AND FACILITATING A CROSS-STATE POLICY LEARNING COMMUNITY.
- $116,178 spent. PHILANTHROPIC ORGANIZING: THE EQUITY FUND PARTNERS WITH OTHER FUNDERS TO GROW INVESTMENTS THAT DRIVE EQUITABLE CLIMATE ACTION, AND MORE BROADLY, TO BUILD AN EFFECTIVE, DIVERSE, AND INCLUSIVE PHILANTHROPIC INFRASTRUCTURE.OUR STRATEGIC PARTNERSHIPS TEAM WORKS IN COLLABORATION WITH MORE THAN TWO DOZEN GRANTMAKERS AND PARTNERS WHO REPRESENT CLIMATE, CIVIC ENGAGEMENT, RACIAL JUSTICE, ECONOMIC OPPORTUNITY, AND WORKFORCE DEVELOPMENT FUNDERS. AS PHILANTHROPIC ADVISORS, OUR GOAL IS TO BUILD A COMMUNITY OF FUNDERS WHO MOVE RESOURCES TOGETHER WITH THE INTENTION OF ACHIEVING SYSTEMIC CHANGE.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2024.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since June 2022.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.