EIN 93-2878604

Allied Climate Partners

IRS 501(c) type
501(c)(3)
Num. employees
1
Year formed
2023
Most recent tax filings
2023-12-01
Description
Allied Climate Partners harnesses innovative financing mechanisms to channel philanthropic catalytic capital into climate-related projects and businesses in emerging markets and developing economies. The organization tackles climate finance challenges by providing early-stage investment platforms focused on overcoming critical bottlenecks, ensuring access to risk-oriented capital for climate-focused companies. Allied Climate Partners promotes programs and activities that enhance the resilience of vulnerable communities, supports sustainable economic growth, and fosters energy security.
Total revenues
$7,800,000
2023
Total expenses
$772,048
2023
Total assets
$7,228,465
2023
Num. employees
1
2023

Program areas at Allied Climate Partners

Allied Climate Partners (acp) seeks to address Climate finance challenges in emerging markets and developing economies by providing early-stage-focused investment platforms and others focused on critical climate-related bottlenecks with appropriate risk-oriented capital and a mandate to invest in climate-focused companies that lack access to capital and have significant potential to address the effects of Climate change. The primary problems with catalyzing effective, long-lasting change when working to ameliorate the devastating effects of Climate change are the lack of investment capital for potentially effective projects and a lack of managers and funds who are focused on prioritizing impact and Climate resiliency over returns. Acp plans to address these problems by funding investment managers focused on raising and investing capital to address the financing gap at these early, risk-oriented stages of the project development process, when standard financing is difficult to come by. It will utilize capital strategically to leverage and stimulate additional market funding, and its investments will often be in junior, more catalytic tranches.

Who funds Allied Climate Partners

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Three Cairns FoundationGeneral Purpose$2,500,000
Carson Family Charitable TrustGeneral Operating Support$250,000
Morgan Stanley Global Impact Funding TrustUnrestricted General Support$50,000

Financials for Allied Climate Partners

RevenuesFYE 12/2023
Total grants, contributions, etc.$7,800,000
Program services$0
Investment income and dividends$0
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$7,800,000

Form 990s for Allied Climate Partners

Fiscal year endingDate received by IRSFormPDF link
2023-122024-11-15990View PDF

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Data update history
January 7, 2025
Used new vendors
Identified 2 new vendors, including , and
January 5, 2025
Received grants
Identified 1 new grant, including a grant for $250,000 from Carson Family Charitable Trust
Nonprofit Types
Grantmaking organizationsEnvironmental organizationsCharities
Issues
Environment
Characteristics
Operates internationallyManagement and technical assistanceTax deductible donationsAccepts online donations
General information
Address
712 Fifth Ave 47
New York, NY 10019
Metro area
New York-Newark-Jersey City, NY-NJ-PA
County
New York County, NY
Website URL
alliedclimate.org/ 
Phone
(212) 309-6817
IRS details
EIN
93-2878604
Fiscal year end
December
Taxreturn type
Form 990
Year formed
2023
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
C02: Environment Management and Technical Assistance
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
California AB-488 details
AB 488 status
Undetermined
Charity Registration status
Not Registered
FTB status revoked
Not revoked
AG Registration Number
None yet
FTB Entity ID
None yet
AB 488 data last updated ("as-of") date
2025-02-19
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