Overview
What is Nrel Foundation?
The Nrel Foundation is a non-profit organization based in Golden, Colorado, serving as a bridge between the National Renewable Energy Laboratory (NREL) and financial resources. Its mission is to accelerate the development and commercialization of modern energy technologies and solutions, promoting electrification, decarbonization, and clean air. The foundation achieves this by aggregating funding from various sources to support the programs of NREL and similar organizations, filling a gap in the current advanced energy, cleantech ecosystem. The Nrel Foundation also acts as a force multiplier for NREL's mission, funding winners from competitions like the American-Made Challenges: Solar Desalination Prize and Waves to Water Prizes, designed to accelerate the development of new technology. With a dedicated workforce of one individual, the foundation's efforts contribute significantly to the advancement of renewable energy technologies.
Official website here: www.nrelfoundation.org
Is Nrel Foundation legitimate?
Nrel Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Nrel 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: $90,813
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.nrelfoundation.org
What is the mission statement of Nrel Foundation?
The Nrel Foundation serves as a facilitator, linking the National Renewable Energy Laboratory (NREL) with financial resources, with the goal of expediting the renewable energy mission. The foundation's main objective is to support the exceptional talent at NREL and other organizations, accelerating the development and commercialization of modern energy technologies and solutions that promote electrification, decarbonization, and clean air. By serving as a bridge between NREL and financial resources, the foundation aids in the swift advancement of the renewable energy mission championed by NREL (and similar organizations). The Nrel Foundation also offers a more flexible operating platform for the NREL laboratory. Through aggregating funding in the form of grants from various sources to support the programs of NREL, the Department of Energy, its affiliates, and similar organizations, the Nrel Foundation fills a gap in the current advanced energy, cleantech ecosystem, acting as a force multiplier for NREL's mission. The Nrel Foundation has funded winners from the American-Made Challenges: Solar Desalination Prize and Waves to Water Prizes, which are designed to accelerate the development of new technology. Competitors receive cash prizes as they progress through each stage.
Official website here: www.nrelfoundation.org
Who is the CEO of Nrel Foundation?
Kristin Gray is the President of Nrel Foundation.
Official website here: www.nrelfoundation.org
What is the revenue of Nrel Foundation?
Nrel Foundation's revenue in 2022 was $5,833,953.
Official website here: www.nrelfoundation.org
Who are the executives of Nrel Foundation and what are their salaries?
The average compensation at Nrel Foundation during 2022 was $90,813. There is 1 employee and 3 volunteers at Nrel Foundation.
Here are 4 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $90,813
- Related: $0
- Other: $0
Official website here: www.nrelfoundation.org
Where can I find the form 990 for Nrel Foundation?
Nrel Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.nrelfoundation.org
Learn more at the official website: www.nrelfoundation.org
Mission Statement of Nrel Foundation
The Nrel Foundation serves as a crucial intermediary between the National Renewable Energy Laboratory (NREL) and financial resources, with the primary goal of accelerating the renewable energy mission. This organization seeks to support the unique talent at NREL and other organizations to expedite the development and commercialization of modern energy technologies and solutions that promote electrification, decarbonization, and clean air.
By acting as a bridge, the Nrel Foundation aids in facilitating the flow of funds necessary for the advancement of NREL's mission, which is focused on renewable energy. The foundation has filled a vital gap in the current advanced energy, cleantech ecosystem, serving as a force multiplier for NREL's mission and providing a more flexible operating platform for the NREL Laboratory.
The Nrel Foundation is dedicated to funding various programs and initiatives that align with NREL's goals, as well as those of the Department of Energy, its affiliates, and similar organizations. Through grants from diverse sources, the foundation supports the programs of NREL and other organizations, thereby accelerating the development and commercialization of innovative energy technologies and solutions. This includes funding winners from the American-Made Challenges, such as the Solar Desalination Prize and Waves to Water Prizes, which are designed to encourage the rapid advancement of new technology in the field of renewable energy. Competitors receive cash prizes as they progress through each stage of these challenges.
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Impact
June, 2024
The Nrel Foundation serves as a critical bridge between the National Renewable Energy Laboratory (NREL) and financial resources, enabling the acceleration of renewable energy initiatives. By supporting the development and commercialization of modern energy technologies that promote electrification, decarbonization, and clean air, the foundation plays a crucial role in advancing the renewable energy mission. Through funding programs like the American-Made Challenges, such as the Solar Desalination Prize and Waves to Water Prizes, the Nrel Foundation facilitates the rapid development of new technology and provides cash prizes to competitors, driving innovation in the clean energy sector. Overall, the foundation acts as a force multiplier for NREL's mission, filling gaps in the advanced energy ecosystem and enabling the scaling of impactful clean energy solutions.
This information is meant to be a general summary of Nrel 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.
- Program Service Revenue: $194,500
- Gross Receipts: $5,833,953
Assets and Liabilities:
- Total Assets: $816,894
- Total Liabilities: $452
- Net Assets: $816,442
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
FOUNDATION ADMINISTRAT
Revenue
$194,500
Organization Details
Founding Year
2021
Phone
(720) 484-1867Principal Officer
Kristin Gray
Main Address
601 16TH STREET SUITE C452, GOLDEN, CO, 80401
Website
www.nrelfoundation.orgNTEE Category
Code: C35 - Environment
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