Overview
What is Breakthrough Energy Catalyst Foundation?
Breakthrough Energy Catalyst Foundation is a nonprofit organization that plays a vital role in advancing transformational emissions reduction technologies by financing the development and demonstration of first-of-a-kind projects in critical stages. Based in Kirkland, Washington (PO Box 563), the foundation focuses on four main areas: sustainable aviation fuel, clean hydrogen, direct air capture, and long-duration energy storage. The foundation's mission is to expedite the transition from research-stage innovations to real-world impact, leading to substantial reductions in greenhouse gas emissions.
Official website here: www.breakthroughenergy.org
Is Breakthrough Energy Catalyst Foundation legitimate?
Breakthrough Energy Catalyst Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Breakthrough Energy Catalyst Foundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.breakthroughenergy.org
What is the mission statement of Breakthrough Energy Catalyst Foundation?
The Breakthrough Energy Catalyst Foundation is dedicated to propelling advancements in emissions reduction technologies. By funding the critical development and demonstration phases of groundbreaking innovations, the foundation aims to transform research into real-world impact and bring about substantial reductions in greenhouse gas emissions. The organization focuses on supporting high-potential demonstration projects and early adoption of transformational technologies in the areas of sustainable aviation fuel, clean hydrogen, direct air capture, and long-duration energy storage.
Official website here: www.breakthroughenergy.org
Who is the CEO of Breakthrough Energy Catalyst Foundation?
Unavailable
Official website here: www.breakthroughenergy.org
What is the revenue of Breakthrough Energy Catalyst Foundation?
Breakthrough Energy Catalyst Foundation's revenue in 2022 was $358,545,515.
Official website here: www.breakthroughenergy.org
Who are the executives of Breakthrough Energy Catalyst Foundation and what are their salaries?
Here are 5 key members and their salaries:
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Official website here: www.breakthroughenergy.org
Where can I find the form 990 for Breakthrough Energy Catalyst Foundation?
Breakthrough Energy Catalyst Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.breakthroughenergy.org
Learn more at the official website: www.breakthroughenergy.org
Mission Statement of Breakthrough Energy Catalyst Foundation
The Breakthrough Energy Catalyst Foundation is a leading organization dedicated to funding the critical development and demonstration phases of groundbreaking emissions-reduction technologies. By investing in high-potential demonstration projects and promoting the early adoption of transformational emissions reduction technologies, this foundation plays a pivotal role in turning research-stage innovations into real-world impact.
In more detail, the Breakthrough Energy Catalyst Foundation supports first-of-a-kind climate projects at crucial stages in their development. By providing funding for these projects, the foundation enables the demonstration of various emissions reduction technologies, including sustainable aviation fuel, clean hydrogen, direct air capture, and long-duration energy storage. Through this work, the organization produces significant and measurable reductions in greenhouse gas emissions, thereby contributing to the global fight against climate change.
In essence, the Breakthrough Energy Catalyst Foundation serves as a catalyst for the transition to a clean energy future by financing the development and demonstration of revolutionary emissions reduction technologies. By focusing on these specific areas, the foundation's investments are expected to bring about substantial reductions in greenhouse gas emissions, accelerating the world's progress towards a more sustainable energy system.
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Impact
October, 2024
Breakthrough Energy Catalyst Foundation plays a pivotal role in the acceleration of transformational emissions reduction technologies by providing essential funding for the development and demonstration of innovative climate solutions. By focusing on high-potential projects at critical development phases, the Foundation supports the early adoption of four key areas: sustainable aviation fuel, clean hydrogen, direct air capture, and long-duration energy storage.
Through its strategic investments, Breakthrough Energy Catalyst enables the transition of research-stage innovations into real-world applications, significantly contributing to measurable reductions in greenhouse gas emissions. This approach not only fosters cutting-edge research and development but also addresses the urgent need for scalable, impactful solutions in the fight against climate change. The Foundation’s efforts are crucial in building a sustainable future and establishing a robust framework for the adoption of clean technologies globally.
This information is meant to be a general summary of Breakthrough Energy Catalyst Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $2,349,730
- Gross Receipts: $358,545,515
Assets and Liabilities:
- Total Assets: $452,252,817
- Total Liabilities: $654,451
- Net Assets: $451,598,366
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Organization Details
Founding Year
2020
Phone
(425) 497-4300Main Address
PO BOX 563, KIRKLAND, WA, 98083
Website
www.breakthroughenergy.orgNTEE Category
Code: C35 - Environment
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