Nonprofits›Breakthrough Energy Catalyst Foundation

Environment

Breakthrough Energy Catalyst Foundation

KIRKLAND, WA

WebsiteView as a funder

Total revenue

$12.4M

Total expenses

$40.9M

Net assets

$378.2M

Grants received

$160M

6 grants

EIN

853677542

Tax year

2024

Mission

Breakthrough Energy is accelerating transformation by supporting cutting-edge research and development,investing in companies that turn green ideas into clean products, and (CONTINUED ON SCHEDULE O)

Financials

FY 2024

Revenue

Contributions & grants$1.3M
Program service revenue—
Investment income$10.7M
Other revenue$367K
Total revenue$12.4M

Expenses

Grants paid$37.8M
Salaries & benefits—
Fundraising—
Other expenses$3.1M
Total expenses$40.9M
Total assets$380.6M
Net assets$378.2M

People

6 listed

NameRoleCompensation

GREG NELSON

DIRECTOR

Board

—

2 hrs/wk

JEANNINE SARGENT

DIRECTOR

Board

—

2 hrs/wk

RICH HOSSFELD

DIRECTOR

Board

—

2 hrs/wk

CINDY LEEPER

SECRETARY, TREASURER & COO

Board

—

8 hrs/wk

MARIO FERNANDEZ

VICE PRESIDENT

Board

—

20 hrs/wk

RODI GUIDERO

EXECUTIVE DIRECTOR

Board

—

2 hrs/wk

Independent contractors

Hogan Lovells US LLP

LEGAL SERVICES

$739K

Willkie Farr & Gallagher LLP

LEGAL SERVICES

$235K

Stikeman Elliott LLP

LEGAL SERVICES

$177K

Ramboll Danmark AS

CONSULTING - DUE DILIGENCE

$170K

HKA GLOBAL LTD

CONSULTING - DUE DILIGENCE

$138K

Grants received

Showing 6 of 6

FromAmountPurposeYear
The Chicago Community Trust
$30M
General support for programs, operations and other charitable purposes
2023
THE BLACKROCK CHARITABLE FOUNDATION
$20M
ADVANCING THE GLOBAL TRANSITION TO NET-ZERO BY ACCELERATING MARKET ADOPTION OF NEW CLEAN ENERGY SOLUTIONS (YEAR 2 OF 5-YEAR $100M GRANT).
2023
The Chicago Community Trust
$30M
support to accelerate the deployment of clean technologies
2022
THE BLACKROCK CHARITABLE FOUNDATION
$20M
LOW-CARBON TRANSITION
2022
The Chicago Community Trust
$30M
To support Breakthrough Energy Catalyst's effort to accelerate deployment of clean technologies in order to achieve net zero by 2050
2021
The Chicago Community Trust
$30M
To support Breakthrough Energy Catalyst's effort to accelerate deployment of clean technologies in order to achieve net zero by 2050
2021

Funded by

$160M from 2 funders · 6 grants · 2021–2023

The Chicago Community Trust

$120M · 4 grants · 2021–2023

The Blackrock Charitable Foundation

$40M · 2 grants · 2022–2023

Details

EIN853677542
NTEE codeC35
Subsection03
Ruling date2021-05
Formed2020
Employees0
Volunteers0
BREAKTHROUGH ENERGY CATALYST FOUNDATION — Mission, Financials & Grants Received | Grantivo