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Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Jun 2023.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Where the money goes
70 cents of each dollar spent went to programs.
Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.
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Who runs it and what they're paid
24 people listed on the 990; $1.2M paid to officers and key staff.
Elizabeth Bafford’s $314K as CEO and President is at the 68th percentile of top reported officer pay among 324 $10–100M environment nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.
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Questions the 990 asks
The form asks each of these directly. These are the filed answers.
- Family or business ties among officersPt VI · Ln 2No
- Top official's pay set by an independent reviewPt VI · Ln 15aYes
Programs and updates
Invests in clean energy solutions like distributed power, building efficiency, and electric transport.
Questions for Climate United Fund
Your first name shows with your question. Climate United Fund answers here, for everyone.
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The organization provides grants, loans and other forms of financial assistance to enable low income and disadvantaged communities to deploy or benefit from zero emission technologies.
Funders
Who pays for it.
From grant filings on record. Receipts are incomplete: individual donors are never listed.
Grants
By the numbers
The FY2024 990, line by line.
Download 990
| Line | Start FY24 | End FY24 |
|---|---|---|
| Cash and savingsLn 1–2 | $706K | $2.34B |
| Land, buildings, equipmentLn 10c | $0 | $13K |
| Total assetsLn 16 | $1.3M | $7.02B |
| LiabilitiesLn 26 | $2.1M | $7.00B |
| Net assetsLn 32 | −$813K | $20.3M |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Grants to domestic organizationsLn 1 | $12.7M | $12.7M | ||
| Pay of current officers, directors and key staffLn 5 | $1.4M | $824K | $573K | |
| Other salaries and wagesLn 7 | $3.4M | $2.0M | $1.4M | $40K |
| Pension plan contributionsLn 8 | $81K | $52K | $28K | $843 |
| Other employee benefitsLn 9 | $719K | $415K | $297K | $6K |
| Payroll taxesLn 10 | $354K | $209K | $142K | $3K |
| Legal feesLn 11b | $3.6M | $3.6M | ||
| Accounting feesLn 11c | $145K | $145K | ||
| Lobbying feesLn 11d | $3K | $3K | ||
| Other fees for servicesLn 11g | $1.3M | $903K | $427K | |
| Advertising and promotionLn 12 | $572K | $111K | $461K | |
| Office expensesLn 13 | $169K | $77K | $92K | |
| Information technologyLn 14 | $115K | $33K | $82K | |
| OccupancyLn 16 | $320K | $159K | $161K | |
| TravelLn 17 | $94K | $72K | $22K | |
| Conferences, conventions and meetingsLn 19 | $110K | $14K | $96K | |
| InsuranceLn 23 | $826K | $2K | $824K | |
| Other expenses (24a–d)Ln 24 | $1.8M | $1.8M | $27K | |
| Total functional expensesLn 25 | $27.8M | $19.4M | $8.3M | $51K |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2024 Latest Viewing | $48.9M | $27.8M | $21.1M | $20.3M | 990 PDF |
| FY2023 | $1.3M | $751K | $550K | $550K | 990 PDF |
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Schedules filed Part IV
See the full FY2024 990 (6 parts)
Part I · Summary $48,862,682 revenue, 12 lines filed
Part VI · Governance 16 of 16 board members independent, no flags
Part VIII · Statement of revenue $48,862,682 across 6 lines filed
Part IX · Statement of functional expenses $27,766,639 across 18 lines filed
Part X · Balance sheet $7,023,978,887 assets, 16 lines filed
Part XI · Reconciliation of net assets $20,283,017 net assets at year end
Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File
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