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EIN 85-4095972

Sequoia Climate Foundation

IRS 501(c) type
501(c)(3)
Num. employees
53
City
Irvine
State
California
Year formed
2021
Most recent tax filings
2023-11-01
NTEE code, primary
T21: Corporate foundations
Description
The Sequoia Climate Foundation is a corporate foundation based in Roseland, NJ, with operations in Irvine, CA. It primarily funds general operating support and supports a pooled fund for international energy while accelerating the transition to clean energy. The foundation made 171 grants last year, with grantees including Tara Climate Ltd and others.
Total revenues
$289,249,266
2023
Total expenses
$280,930,446
2023
Total assets
$78,783,978
2023
Num. employees
53
2023

Grants made by Sequoia Climate Foundation

GranteeGrant descriptionAmount
Rockefeller Philanthropy Advisors (RPA)To Support the Energy Transition Fund$10,500,000
United States Energy FoundationTo Support State Clean Energy Policy Implementation$6,400,000
International Council on Clean Transportation (ICCT)To Help Decarbonize the Transport Sector$4,500,000
...and 98 more grants made totalling $138,894,000

Personnel at Sequoia Climate Foundation

NameTitleCompensation
Christie UlmanPresident$648,167
James JenkinChief Operating Officer
Gauri GadgilChief of Staff
Gilbert ChingDirector of Finance and Administration / Treasurer , Director of Finance and Admin.$404,167
Alina EprimianDirector of Communications
...and 12 more key personnel

Financials for Sequoia Climate Foundation

RevenuesFYE 11/2023
Total grants, contributions, etc.$281,000,000
Investment income and dividends$8,249,266
Net rental income$0
Net gain from sale of non-inventory assets$0
Gross sales of inventory$0
Miscellaneous revenues$0
Total revenues$289,249,266

Form 990s for Sequoia Climate Foundation

Fiscal year endingDate received by IRSFormPDF link
2023-112024-10-15990PFView PDF
2022-112023-10-14990PFView PDF
2021-112022-10-14990PFView PDF

Organizations like Sequoia Climate Foundation

OrganizationLocationRevenue
Fidelity FoundationBoston, MA$667,444,682
William and Flora Hewlett FoundationMenlo Park, CA$652,108,628
Duke EndowmentCharlotte, NC$497,718,591
The Tepper FoundationShort Hills, NJ$197,392,418
Wellspring Philanthropic FundNew York, NY$374,958,422
Dave & Cheryl Duffield FoundationIncline Village, NV$132,057,271
O'donnell FoundationDallas, TX$106,903,917
Timken Foundation of CantonCanton, OH$82,798,453
The Eric and Wendy Schmidt Fund for Strategic InnovationPalo Alto, CA$126,518,918
Rees-Jones FoundationDallas, TX$106,902,751
Data update history
December 3, 2024
Posted financials
Added Form 990PF for fiscal year 2023
November 27, 2024
Used new vendors
Identified 3 new vendors, including , , and
September 12, 2024
Updated personnel
Identified 4 new personnel
December 5, 2023
Posted financials
Added Form 990PF for fiscal year 2022
December 3, 2023
Updated personnel
Identified 2 new personnel
Nonprofit Types
Grantmaking organizationsPrivate foundationsCorporate foundationsPrivate non-operating foundationsCharities
Issues
No issues found
Characteristics
Provides grantsTax deductible donationsAccepts online donations
General information
Address
2 Witherspoon
Irvine, CA 92604
Metro area
Los Angeles-Long Beach-Anaheim, CA
County
Orange County, CA
Website URL
sequoiaclimate.org/ 
Phone
(949) 328-1725
IRS details
EIN
85-4095972
Fiscal year end
November
Taxreturn type
Form 990-PF
Year formed
2021
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
T21: Corporate foundations
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
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