2025-11-13T09:55:53-06:00 2024-12-31 390859910 BAKER TILLY ADVISORY GROUP LP 2882 PROSPECT PARK DRIVE STE 300 RANCHO CORDOVA CA 95670 990 2024-01-01 845024713 CLIMATE IMPERATIVE FOUNDATION CLIM 4157992162 98 BATTERY STREET 202 SAN FRANCISCO CA 94111 SONIA AGGARWAL PRESIDENT 4157992162 2025-11-12 1 1 AMY L HENDLEY P01300654 9165038100 2025-11-12 2024 2025-03-06 01:10:19Z SONIA AGGARWAL 98 BATTERY STREET 202 SAN FRANCISCO CA 94111 521611349 0 X WWW.CLIMATEIMPERATIVE.ORG X 2020 CA TO CUT GLOBAL CARBON EMISSIONS AT SPEED AND SCALE TO SECURE A BETTER FUTURE FOR ALL. 5 5 0 5 0 0 204019896 268075482 0 0 2638132 3654540 0 0 206658028 271730022 247103213 242899738 0 0 0 0 0 0 0 23920812 113985364 271024025 356885102 -64365997 -85155080 188704736 109552703 12828488 18218218 175876248 91334485 CLIMATE IMPERATIVE FOUNDATION'S MISSION IS TO EMPLOY SCIENCE AND ECONOMICS TO CUT GLOBAL CARBON EMISSIONS TO SECURE A BETTER FUTURE FOR ALL. 0 0 257033406 242899738 0 IN 2024, CLIMATE IMPERATIVE FOUNDATION GRANTED TO ORGANIZATIONS AND INSTITUTIONS THAT, THROUGH RESEARCH, EDUCATION, ANALYSIS, AND OUTREACH, ADVANCED LOW-CARBON POLICIES IN THE U.S. AND OTHER COUNTRIES. ACCOMPLISHMENTS INCLUDED (BUT WERE NOT LIMITED TO) EDUCATING GOVERNMENT OFFICIALS ABOUT POLICY OPTIONS TO PROMOTE LOW-CARBON DEVELOPMENT; ADOPTION OF CLEAN VEHICLE STANDARDS, CLEAN POWER STANDARDS, AND ECONOMY-WIDE CARBON REDUCTION GOALS; DEVELOPMENT OF NEW LOW-CARBON POLICY IDEAS CUSTOMIZED FOR LOCAL CONTEXTS; AND EDUCATING THE PUBLIC, STAKEHOLDERS, AND OFFICIALS ABOUT THE BENEFITS OF A TRANSITION TO CLEAN ENERGY. 257033406 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 1 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 1 19 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 5 5 1 1 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 CA IL MA NY X HEATHER MCCREERY 4157388825 98 BATTERY STREET SUITE 202 SAN FRANCISCO CA 94111 X JOHN DOERR CHAIR 1.00 X X 0 0 0 ANITA BEKENSTEIN DIRECTOR 1.00 X 0 0 0 SANJEEV KRISHNAN DIRECTOR 1.00 X 0 0 0 GREG NELSON DIRECTOR 1.00 X 0 0 0 GEORGE PAVLOV DIRECTOR 1.00 X 0 0 0 HAL HARVEY PRESIDENT (THRU 12/24) 32.00 X 0 0 0 SONIA AGGARWAL VICE PRESIDENT 23.00 X 0 0 0 CHRISTINA FERNANDES SECRETARY/TREASURER 14.00 X 0 0 0 0 0 0 0 0 0 0 ENERGY INNOVATION POLICY & TECHNOLOGY LL 98 BATTERY ST 202 SAN FRANCISCO CA 94111 MANAGEMENT AND RESEARCH SERVICES 23262588 HOLLAND & KNIGHT PO BOX 936937 ATLANTA GA 31193 POLICY RESEARCH 4500000 ARC INITIATIVES 750 17TH STREET NW SUITE 500 WASHINGTON DC 20006 COMMUNICATIONS SERVICES 861429 K&L GATES 210 SIXTH AVENUE PITTSBURGH PA 15222 LEGAL SERVICES 659311 ADLER & COLVIN A LAW CORPORATION 135 MAIN ST 20TH FL SAN FRANCISCO CA 94105 LEGAL SERVICES 231803 11 268075482 94641232 268075482 4402734 4402734 249133133 249881327 -748194 -748194 -748194 271730022 0 0 3654540 161545113 161545113 81354625 81354625 20432980 4553163 15879817 1042379 341642 700737 39851 39851 162752 162752 9019873 9007873 12000 1608954 1608954 745919 144291 601628 151757 86699 65058 14606 14606 BAD DEBT EXPENSE WRITE 80762365 80762365 TAXES AND LICENSES 3928 3928 356885102 257033406 99851696 0 106810 395948 87835561 109139657 100762365 0 0 17098 188704736 109552703 1205488 2063218 11623000 16155000 12828488 18218218 X 68605345 75849761 107270903 15484724 175876248 91334485 188704736 109552703 -85155080 613317 0 X 0 1 X 1 0 X 82758699 221528415 208607460 204019896 268075482 984989952 82758699 221528415 208607460 204019896 268075482 984989952 430311837 554678115 3122 5237 95099 2621889 4402734 7128081 992118033 X PART II, SHORT YEAR EXPLANATION: PART II, COLUMN (A) REPRESENTS A SHORT YEAR FOR THE INITIAL YEAR OF INCORPORATION MARCH - DECEMBER 2020. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 X 272180587 613317 613317 271567270 162752 162752 271730022 356722350 0 356722350 162752 162752 356885102 PART X, LINE 2: THE FOUNDATION IS GENERALLY EXEMPT FROM FEDERAL AND CALIFORNIA INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND SECTION 23701D OF THE CALIFORNIA REVENUE AND TAXATION CODE. IN ADDITION, THE FOUNDATION QUALIFIES FOR CHARITABLE CONTRIBUTIONS DEDUCTIONS AND HAS BEEN CLASSIFIED AS AN ORGANIZATION THAT IS NOT A PRIVATE FOUNDATION. INCOME THAT IS NOT RELATED TO EXEMPT PURPOSES, LESS APPLICABLE DEDUCTIONS, IS SUBJECT TO FEDERAL AND STATE INCOME TAXES. THERE WAS NO TAX LIABILITY FOR UNRELATED BUSINESS INCOME FOR THE PERIOD ENDED DECEMBER 31, 2024 AND 2023. ACCORDINGLY, NO PROVISION FOR INCOME TAXES HAS BEEN MADE IN THE ACCOMPANYING FINANCIAL STATEMENTS. THE FOUNDATION'S TAX RETURNS ARE SUBJECT TO REVIEW AND EXAMINATION BY FEDERAL AND STATE AUTHORITIES. THE FOUNDATION IS NOT AWARE OF ANY ACTIVITIES THAT WOULD JEOPARDIZE ITS TAX-EXEMPT STATUS. THE FOUNDATION DOES NOT HAVE ANY MATERIAL UNCERTAIN TAX POSITIONS. 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IN ADDITION TO CHECKING THE OFAC LIST OF SPECIALLY DESIGNATED NATIONALS AND BLOCKED PERSONS FOR NAMES OF INDIVIDUALS AND ENTITIES WITH WHOM AN APPLICANT IS DEALING TO DETERMINE IF THEY ARE INCLUDED ON THE LIST, THE APPLICANT WILL: -REQUIRE ALL FOREIGN GRANTEES TO CERTIFY THAT THEY WILL NOT USE ANY GRANT FUNDS TO SUPPORT OR ENGAGE IN VIOLENT OR TERRORIST ACTIVITIES; -CONDUCT CAREFUL DUE DILIGENCE ON EACH PROSPECTIVE GRANTEE; AND -PROMPTLY INVESTIGATE ANY APPARENT MISUSE OF GRANT FUNDS. 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501(C)(3) 172000 0 ENVIRONMENTAL PROTECTION FRIENDS OF THE EARTH PO BOX 7010 MERRIFIELD VA 22116 237420660 501(C)(3) 150000 0 ENVIRONMENTAL PROTECTION GLOBAL PHILANTHROPY PARTNERSHIP (GPP) 303 EAST WACKER DRIVE SUITE 2108 CHICAGO IL 60601 562342600 501(C)(3) 150000 0 ENVIRONMENTAL PROTECTION NEW YORK COMMUNITIES ORGANIZING FUND INC (NYCOFI) 470 VANDERBILT AVENUE 9TH FL BROOKLYN NY 11238 272332649 501(C)(3) 150000 0 ENVIRONMENTAL PROTECTION NORTHEAST STATES FOR COORDINATED AIR USE MANAGEMENT (NESCAUM) 89 SOUTH STREET SUITE 602 BOSTON MA 02111 042814018 501(C)(3) 150000 0 ENVIRONMENTAL PROTECTION SOUTHERN ALLIANCE FOR CLEAN ENERGY PO BOX 1842 KNOXVILLE TN 37901 581620669 501(C)(3) 150000 0 ENVIRONMENTAL PROTECTION VET VOICE FOUNDATION PO BOX 11559 PORTLAND OR 97211 264627222 501(C)(3) 150000 0 ENVIRONMENTAL PROTECTION CENTER FOR APPLIED ENVIRONMENTAL LAW AND POLICY (CAELP) 712 H STREET NE SUITE 100071 WASHINGTON DC 20002 841890106 501(C)(3) 125000 0 ENVIRONMENTAL PROTECTION NEW YORK PUBLIC INTEREST RESEARCH GROUP FUND (NYPIRG) 9 MURRAY STREET LOWER LEVEL NEW YORK NY 10007 132876109 501(C)(3) 125000 0 ENVIRONMENTAL PROTECTION SPUR - SAN FRANCISCO BAY AREA PLANNING AND URBAN RESEARCH ASSOCIATION 654 MISSION STREET SAN FRANCISCO CA 94105 941498232 501(C)(3) 115000 0 ENVIRONMENTAL PROTECTION AMERICAN SECURITY PROJECT 1201 PENNSYLVANIA AVENUE NW SUITE 520 WASHINGTON DC 20004 204079553 501(C)(3) 110000 0 ENVIRONMENTAL PROTECTION GEORGETOWN LAW CENTER FOR INCLUSIVE TRADE AND DEVELOPMENT 500 FIRST STREET NW WASHINGTON DC 20001 530196603 501(C)(3) 105000 0 ENVIRONMENTAL PROTECTION SOUTHERN RENEWABLE ENERGY ASSOCIATION 11610 PLEASANT RIDGE ROAD SUITE 103 176 LITTLE ROCK AR 72223 831399468 501(C)(6) 75000 0 ENVIRONMENTAL PROTECTION 93 3 PART I, LINE 2: ALL GRANTEES SIGN A GRANT AGREEMENT STIPULATING THAT ALL FUNDS SHALL BE USED FOR CHARITABLE PURPOSES AS DESCRIBED IN THE GRANTEE'S PROPOSAL, AND THAT ANY FUNDS NOT USED FOR THESE PURPOSES MUST BE RETURNED TO THE FOUNDATION. THE GRANT AGREEMENT ALSO STIPULATES THAT AT THE END OF THE GRANT PERIOD, GRANTEES SUBMIT FINAL REPORTS OF ACTIVITIES AND EXPENDITURES TO DOCUMENT COMPLIANCE WITH THE GRANT AGREEMENT. OVER THE DURATION OF THE GRANT, PROJECTS ARE MONITORED BY FOUNDATION STAFF VIA COMMUNICATIONS WITH GRANTEES AND INTERIM UPDATES. AT THE CONCLUSION OF GRANTS, PROGRAM STAFF REVIEW GRANTEES' FINAL REPORTS TO CONFIRM THAT FUNDS WERE USED FOR THE AGREED-UPON CHARITABLE PURPOSES. ENERGY INNOVATION POLICY HAL HARVEY, PRES 23262588 SEE PART V 0 PART IV: THE AGREEMENT BETWEEN CLIMATE IMPERATIVE FOUNDATION (CIF) AND ENERGY INNOVATION POLICY AND TECHNOLOGY, LLC (EI) WAS REVIEWED BY THE CIF BOARD OF DIRECTORS IN ADVANCE. THE BOARD DETERMINED THAT THE TERMS WERE FAIR AND REASONABLE TO CIF AND WERE EQUAL TO OR MORE FAVORABLE TO CIF THAN THE FAIR MARKET VALUE OF THE SERVICES PROVIDED. SCH L, PART IV, BUSINESS TRANSACTIONS INVOLVING INTERESTED PERSONS: (A) NAME OF PERSON: ENERGY INNOVATION POLICY AND TECHNOLOGY, LLC(B) RELATIONSHIP BETWEEN INTERESTED PERSON AND ORGANIZATION: HAL HARVEY, PRESIDENT OWNS 100% OF ENERGY INNOVATION(D) DESCRIPTION OF TRANSACTION: ENERGY INNOVATION POLICY AND TECHNOLOGY, LLC PROVIDED MANAGEMENT SERVICES ($23,262,588), PERSONNEL EXPENSES ($17,793,293), AND RESEARCH SERVICES ($2,000,000) TO THE ORGANIZATION DURING THE YEAR. ALL OTHER FEES ($3,469,295) WERE REIMBURSED FOR DIRECT EXPENSES. X 2 94641232 SELLING COST 0 0 0 0 PART I, COLUMN (B): THE ORGANIZATION IS REPORTING THE NUMBER OF CONTRIBUTORS IN SCHEDULE M, PART I, COLUMN (B). FORM 990, PART VI, SECTION A, LINE 2 HAL HARVEY, SONIA AGGARWAL, AND CHRISTINA FERNANDES - BUSINESS RELATIONSHIP FORM 990, PART VI, SECTION A, LINE 3 THE OFFICERS, KEY EMPLOYEES, AND HIGHEST COMPENSATED EMPLOYEES OF CLIMATE IMPERATIVE FOUNDATION (CIF): HAL HARVEY (PRESIDENT, THRU 12/24), SONIA AGGARWAL (VICE PRESIDENT), CHRISTINA FERNANDES (TREASURER/SECRETARY/CFO), BRUCE NILLES (EXECUTIVE DIRECTOR), STEPHANIE EPNER (MANAGING DIRECTOR), MARY ANNE HITT (MANAGING DIRECTOR), REKHA RAO (SENIOR INITIATIVE DIRECTOR), FEI MENG (SENIOR INITIATIVE DIRECTOR), ALFREDO ARMENDARIZ (INITIATIVE DIRECTOR), SATKARTAR KHALSA (SENIOR INITIATIVE DIRECTOR), MARCUS SCHNEIDER (SENIOR DIRECTOR), ERIN MALCOLM-BRANDT (DIRECTOR OF BOARD ENGAGEMENT AND DEVELOPMENT), AND MARGARET GARASCIA (SENIOR INITIATIVE DIRECTOR), ARE EMPLOYEES OF ENERGY INNOVATION POLICY AND TECHNOLOGY, LLC (EI), THE MANAGEMENT COMPANY. THE OFFICERS AND EMPLOYEES ARE COMPENSATED BY THE MANAGEMENT COMPANY FOR SERVICES PERFORMED FOR CIF. EI PERFORMED SEVERAL MANAGEMENT SERVICES FOR CIF INCLUDING THE FOLLOWING: -STRATEGIC CONSULTING AND COMMUNICATION -GRANTS ADMINISTRATION SERVICES -FINANCE AND RELATED SERVICES -RESEARCH SERVICES -HAL HARVEY RECEIVED $438,091 OF REPORTABLE COMPENSATION AND $43,775 OF OTHER COMPENSATION DURING THE YEAR. -BRUCE NILLES RECEIVED $417,892 OF REPORTABLE COMPENSATION AND $19,832 OF OTHER COMPENSATION DURING THE YEAR. -SONIA AGGARWAL RECEIVED $405,561 OF REPORTABLE COMPENSATION AND $38,420 OF OTHER COMPENSATION DURING THE YEAR. -STEPHANIE EPNER $279,378 OF REPORTABLE COMPENSATION AND $15,129 OF OTHER COMPENSATION DURING THE YEAR. -MARY ANNE HITT RECEIVED $265,732 OF REPORTABLE COMPENSATION AND $28,863 OF OTHER COMPENSATION DURING THE YEAR. -SATKARTAR KHALSA RECEIVED $262,677 OF REPORTABLE COMPENSATION AND $60,294 OF OTHER COMPENSATION DURING THE YEAR. -MARCUS SCHNEIDER RECEIVED $245,357 OF REPORTABLE COMPENSATION AND $57,068 OF OTHER COMPENSATION DURING THE YEAR. -REKHA RAO RECEIVED $245,077 OF REPORTABLE COMPENSATION AND $16,292 OF OTHER COMPENSATION DURING THE YEAR. -FEI MENG RECEIVED $217,319 OF REPORTABLE COMPENSATION AND $49,245 OF OTHER COMPENSATION DURING THE YEAR. -CHRISTINA FERNANDES RECEIVED $205,761 OF REPORTABLE COMPENSATION AND $25,922 OF OTHER COMPENSATION DURING THE YEAR. -ALFREDO ARMENDARIZ RECEIVED $194,596 OF REPORTABLE COMPENSATION AND $51,497 OF OTHER COMPENSATION DURING THE YEAR. -ERIN MALCOLM-BRANDT RECEIVED $188,638 OF REPORTABLE COMPENSATION AND $37,264 OF OTHER COMPENSATION DURING THE YEAR. -MARGARET GARASCIA RECEIVED $188,450 OF REPORTABLE COMPENSATION AND $37,664 OF OTHER COMPENSATION DURING THE YEAR. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 WAS REVIEWED BY THE FOUNDATION'S GENERAL COUNSEL, OFFICERS, BOARD OF DIRECTORS, AUDIT COMMITTEE, AND FINANCE COMMITTEE PRIOR TO FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION'S CONFLICT OF INTEREST POLICY COVERS THE BOARD OF DIRECTORS, OFFICERS, AND PERSONS WITH THE RESPONSIBILITIES OF OFFICERS, AND ANY OTHER PERSON DETERMINED TO HAVE SUBSTANTIAL INFLUENCE OVER THE ORGANIZATION. EACH COVERED PERSON SHALL ANNUALLY SIGN AN ANNUAL DISCLOSURE AND COMPLIANCE STATEMENT. EACH COVERED PERSON SHALL DISCLOSE TO THE BOARD, OR TO THE BOARD COMMITTEE EMPOWERED TO APPROVE A SPECIFIC TRANSACTION OR TYPE OF TRANSACTION ("COMMITTEE"), ALL MATERIAL FACTS REGARDING HIS, HER, OR ITS INTEREST (INCLUDING RELEVANT AFFILIATIONS) IN THE TRANSACTION. THE BOARD OR COMMITTEE SHALL DETERMINE IF A CONFLICT OF INTEREST EXISTS. THE BOARD OR COMMITTEE MAY ASK QUESTIONS OF AND RECEIVE PRESENTATION(S) FROM THE COVERED PERSON(S), BUT SHALL DELIBERATE AND VOTE ON THE TRANSACTION IN THEIR ABSENCE. THE MINUTES OF ANY MEETING OF THE BOARD AND ANY COMMITTEE PURSUANT TO THE POLICY WILL DOCUMENT ALL PROCEEDINGS RELATED TO ANY TRANSACTIONS CONSIDERED UNDER THE POLICY. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS CONFLICT OF INTEREST POLICY AND AUDITED FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. THE ARTICLES OF INCORPORATION ARE AVAILABLE ON THE CALIFORNIA SECRETARY OF STATE'S WEBSITE.