The Energy Foundation
- Assets
- $108.3m
- Revenue
- $83.2m
- Investments
- $0.0
- Employees
- 5
- Location
- San Francisco, CA
- Founding
- 03/1991
- Data as of
- 12/2021
- EIN
- 94-3126848
Organization Overview
The Energy Foundation is located in San Francisco, CA. The organization was established in 1991. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 12/2021, Energy Foundation employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Energy Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Energy Foundation generated $83.2m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (5.3%) each year. All expenses for the organization totaled $56.1m during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (9.2%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Energy Foundation has awarded 1,570 individual grants totaling $313,814,943. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO ACHIEVE GREENHOUSE GAS EMISSIONS NEUTRALITY, WORLD-CLASS AIR QUALITY, AND GREEN GROWTH.
Describe the Organization's Program Activity:
Part 3 - Line 4a
IN 2021, THE ENERGY FOUNDATION GRANTED TO ORGANIZATIONS AND INSTITUTIONS THAT, THROUGH EDUCATION AND ANALYSIS, MADE GAINS IN THE TRANSITION TO A CLEAN ENERGY ECONOMY. ACHIEVEMENTS INCLUDED (BUT WERE NOT LIMITED TO) CLEAN VEHICLE GROWTH, THE ADVANCEMENT OF RENEWABLE ENERGY TECHNOLOGIES, PROGRESS IN LOW CARBON GROWTH PLANNING, THE DEVELOPMENT OF SUSTAINABLE CITIES, NEW CLIMATE COMMITMENTS, AND AN INCREASE IN THE EFFICIENCY OF ENERGY-INTENSIVE ENTERPRISES. IN ORDER TO SUPPORT ITS GRANTMAKING IN CHINA, THE ENERGY FOUNDATION'S EXPENDITURES IN 2021 INCLUDED THE SALARY AND BENEFITS OF AROUND 70 STAFF MEMBERS, OFFICE RENTAL, EQUIPMENT CHARGES, AND OTHER EXPENSES RELATED TO MAINTAINING THE FOUNDATION'S BEIJING PROGRAM OFFICE. THE FOUNDATION ADMINISTERS ITS FOREIGN BRANCH IN CHINA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Zou Ji CEO | OfficerTrustee | 40 | $466,441 |
Shao Yue Treasurer | Officer | 40 | $420,418 |
David Vance Wagner Secretary | Officer | 40 | $289,222 |
Jean Ku Director, Strategic Partnership | 40 | $236,813 | |
Danielle Fuller-Wimbush Dir Of Grants Mgmt (from 3/1/21) | 40 | $140,824 | |
Piotr Kodzis Finance Director (from 6/1/21) | 40 | $115,921 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Charities Aid Foundation America Consulting Service For Grant Management | 12/30/21 | $222,700 |
Hood & Strong Llp Audit Services | 12/30/21 | $128,525 |
Armanino Llp Accounting Services | 12/30/21 | $128,226 |
Guangdong Southern Weekly Mgmt Co Ltd Zero Emissions Transport Project | 12/30/21 | $545,508 |
Beijing Zhongxin Guoyan Culture Communic Sustainable Energy Forums 2021 | 12/30/21 | $525,084 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $83,080,747 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $83,080,747 |
| Total Program Service Revenue | $0 |
| Investment income | $78,192 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $83,158,939 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $3,144,282 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $37,851,127 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $1,295,552 |
| Compensation of current officers, directors, key employees. | $263,032 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $4,524,901 |
| Pension plan accruals and contributions | $23,167 |
| Other employee benefits | $826,098 |
| Payroll taxes | $1,037,850 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $102,264 |
| Fees for services: Accounting | $350,030 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $4,782,052 |
| Advertising and promotion | $0 |
| Office expenses | $259,857 |
| Information technology | $143,636 |
| Royalties | $0 |
| Occupancy | $649,605 |
| Travel | $305,689 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $288,345 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $5,012 |
| Insurance | $22,521 |
| All other expenses | $4,334 |
| Total functional expenses | $56,132,961 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $56,234,888 |
| Savings and temporary cash investments | $29,779,124 |
| Pledges and grants receivable | $21,777,229 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $344,129 |
| Net Land, buildings, and equipment | $143,059 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $108,278,429 |
| Accounts payable and accrued expenses | $2,117,524 |
| Grants payable | $13,937,516 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $16,055,040 |
| Net assets without donor restrictions | $20,657,176 |
| Net assets with donor restrictions | $71,566,213 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $108,278,429 |
Grants Awarded
Over the last fiscal year, The Energy Foundation has awarded $3,144,282 in support to 10 organizations.
| Grant Recipient | Amount |
|---|---|
Boulder, CO PURPOSE: TO SUPPORT EDUCATION, ANALYSIS, AND OUTREACH TO BUILD A CLEAN ENERGY FUTURE; TO SUPPORT EDUCATION AND ANALYSIS TO PHASE OUT COAL; TO PROMOTE EDUCATION AND ANALYSIS TO ADVANCE CLEAN ELECTRICITY | $820,000 |
Oakland, CA PURPOSE: TO SUPPORT EDUCATION AND ANALYSIS TO ADVANCE CLIMATE LEADERSHIP; TO SUPPORT EDUCATION, ANALYSIS AND OUTREACH TO BUILD A CLEAN ENERGY FUTURE | $758,000 |
Los Angeles, CA PURPOSE: TO SUPPORT EDUCATION, ANALYSIS, AND OUTREACH TO BUILD A CLEAN ENERGY FUTURE | $482,000 |
Davis, CA PURPOSE: TO SUPPORT EDUCATION, ANALYSIS, AND OUTREACH TO BUILD A CLEAN ENERGY FUTURE | $300,000 |
Pasadena, CA PURPOSE: TO SUPPORT EDUCATION, ANALYSIS, AND OUTREACH TO BUILD A CLEAN ENERGY FUTURE | $200,000 |
New York, NY PURPOSE: TO SUPPORT EDUCATION, ANALYSIS, AND OUTREACH TO BUILD A CLEAN ENERGY FUTURE | $195,000 |
Grants Recieved
Over the last fiscal year, we have identified 22 grants that The Energy Foundation has recieved totaling $91,188,259.
| Awarding Organization | Amount |
|---|---|
Climate Imperative Foundation San Francisco, CA PURPOSE: DECARBONIZING CHINAS TRANSPORTATION SECTOR ZERO-EMISSIONS ROAD TRANSPORT IN CHINA | $23,327,000 |
Climate Imperative Foundation San Francisco, CA PURPOSE: DECARBONIZING CHINAS TRANSPORTATION SECTOR ZERO-EMISSIONS ROAD TRANSPORT IN CHINA | $23,327,000 |
William & Flora Hewlett Foundation Menlo Park, CA PURPOSE: FOR GENERAL OPERATING SUPPORT | $12,000,000 |
William & Flora Hewlett Foundation Menlo Park, CA PURPOSE: FOR GENERAL OPERATING SUPPORT | $8,000,000 |
David And Lucile Packard Foundation Los Altos, CA PURPOSE: CONSERVATION AND SCIENCE | $5,750,000 |
David And Lucile Packard Foundation Los Altos, CA PURPOSE: CONSERVATION AND SCIENCE | $5,750,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Koum Family Foundation Palo Alto, CA | $2,010,566,070 | $59,411,015 |
The David Geffen Foundation Los Angeles, CA | $481,191,890 | $36,420,193 |
Knight Foundation Beaverton, OR | $3,232,383,420 | $1,963,443,063 |
Waverley Street Foundation Palo Alto, CA | $2,988,003,660 | $1,311,729,919 |
Dr Miriam And Sheldon G Adelson Las Vegas, NV | $37,664,470 | $5,516,038 |
Shimon Ben Joseph Foundation San Francisco, CA | $1,592,283,787 | $39,921,005 |
Alfred C Munger Foundation Los Angeles, CA | $17,737,694 | $91,163,030 |
Hellman Foundation San Francisco, CA | $693,471,633 | $133,789,010 |
The Eric And Wendy Schmidt Fund For Strategic Innovation Palo Alto, CA | $1,715,568,763 | $412,161,407 |
Omidyar Network Fund Inc Redwood City, CA | $490,038,780 | $21,031,743 |
Sobrato Family Foundation Mountain View, CA | $811,956,453 | $266,068,436 |
Moore Family Foundation Incline Village, NV | $173,909 | $5,659,701 |