Overview
What is The Energy Foundation?
The Energy Foundation is a nonprofit organization headquartered in San Francisco, California, with a team of approximately 67 employees. Their mission is to contribute to a clean energy economy by granting funds to organizations and institutions that promote education and analysis. In 2022, they made significant strides in this area, including the growth of clean vehicles, advancements in renewable energy technologies, and progress in low carbon growth planning. By supporting their grantmaking efforts in China, the Energy Foundation employed around 70 staff members and incurred expenses for office rental, equipment, and maintaining their Beijing program office. Overall, their goal is to achieve greenhouse gas emissions neutrality, world-class air quality, energy access, and green growth through transforming energy and optimizing economic structures.
Official website here: www.efchina.org
What are the reviews and ratings of this charity?
Charity Navigator Rating 94% - Four-Star out of Four Star rating
The Energy Foundation has received an impressive 94% rating from Charity Navigator, indicating a strong overall performance in accountability and finance. With a majority of independent board members and excellent scores in areas such as financial statements and asset management, the organization demonstrates a commitment to transparency and responsible governance. The foundation's program expense ratio of 92.32% suggests that a significant portion of its resources is devoted directly to its mission.
Additionally, the organization has robust policies in place, including conflict of interest and whistleblower policies, which contribute to its ethical standards. The absence of material diversions of assets and a strong liabilities to assets ratio further enhance its financial stability. The foundation's commitment to distributing tax forms to the board and its thorough CEO compensation process underline its dedication to accountability.
While the Energy Foundation excels in financial management and governance, potential donors may consider exploring specific program impacts and outcomes to fully assess its effectiveness in achieving its mission. Overall, the high rating reflects a trustworthy organization committed to its values and efficient use of resources.
This AI summary has been generated from information found on Charity Navigator.
Is The Energy Foundation legitimate?
The Energy Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Energy 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: $1,122,028
Professional Fundraising Fees: $0
Other Salaries and Wages: $5,725,913
For more financial information, click here
Official website here: www.efchina.org
What is the mission statement of The Energy Foundation?
The Energy Foundation aims to bring about greenhouse gas emissions neutrality, world-class air quality, energy access, and green growth by transforming the energy sector and optimizing economic structures. In 2022, the foundation supported organizations and institutions in their transition to a clean energy economy, achieving progress in various areas including clean vehicle growth, the advancement of renewable energy technologies, and the development of sustainable cities. The Energy Foundation's grantmaking activities in 2022 included expenses related to maintaining its staff and office in China to support its foreign branch operations.
Official website here: www.efchina.org
Who is the CEO of The Energy Foundation?
Zou Ji is the Ceo of The Energy Foundation. The CEO's salary of The Energy Foundation is $440,761 and their total compensation is $460,008.
Official website here: www.efchina.org
What is the revenue of The Energy Foundation?
The Energy Foundation's revenue in 2022 was $57,878,896.
Official website here: www.efchina.org
Who are the executives of The Energy Foundation and what are their salaries?
The average compensation at The Energy Foundation during 2022 was $102,208. There are 67 employees and 5 volunteers at The Energy Foundation.
Here are 19 key members and their salaries (The Energy Foundation's CEO's salary is $440,761 and their total compensation is $460,008):
- Compensation: $440,761
- Related: $0
- Other: $19,247
- Compensation: $6,000
- Related: $0
- Other: $0
- Compensation: $6,000
- Related: $0
- Other: $0
- Compensation: $6,000
- Related: $0
- Other: $0
- Compensation: $6,000
- Related: $0
- Other: $0
- Compensation: $6,000
- Related: $0
- Other: $0
- Compensation: $7,654
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $275,906
- Related: $0
- Other: $48,225
- Compensation: $215,565
- Related: $0
- Other: $4,045
- Compensation: $77,429
- Related: $0
- Other: $3,195
- Compensation: $209,519
- Related: $0
- Other: $40,419
- Compensation: $192,600
- Related: $0
- Other: $41,662
- Compensation: $171,600
- Related: $0
- Other: $46,099
- Compensation: $135,600
- Related: $0
- Other: $30,564
Official website here: www.efchina.org
Where can I find the form 990 for The Energy Foundation?
The Energy Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.efchina.org
Learn more at the official website: www.efchina.org
Mission Statement of The Energy Foundation
The Energy Foundation, a leading nonprofit organization, is dedicated to achieving greenhouse gas emissions neutrality, world-class air quality, energy access, and green growth. By transforming energy systems and optimizing economic structures, The Energy Foundation aims to make significant strides in the transition to a clean energy economy.
In 2022, The Energy Foundation granted funds to various organizations and institutions that made substantial progress in the clean energy sector. Some of these achievements include the growth of clean vehicle markets, advancements in renewable energy technologies, and progress in low carbon growth planning. The development of sustainable cities and increased efficiency in energy-intensive enterprises were also notable accomplishments.
The Energy Foundation's commitment to its mission extends beyond its domestic operations. In 2022, the organization's expenditures in China included the salaries and benefits of approximately 70 staff members, office rental, equipment charges, and other expenses related to maintaining the Foundation's Beijing program office. The Energy Foundation's foreign branch in China plays a crucial role in supporting its grantmaking efforts in the region.
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Impact
October, 2024
The Energy Foundation significantly impacts the transition to a clean energy economy by funding organizations and institutions focused on achieving greenhouse gas emissions neutrality, world-class air quality, and green growth. In 2022, its grants facilitated advancements in clean vehicle growth, the development of renewable energy technologies, and low carbon growth planning. The foundation also supported initiatives aimed at creating sustainable cities and improving energy efficiency in energy-intensive enterprises.
The foundation's efforts extend globally, including support for projects in China, where it maintains a dedicated program office that oversees grantmaking and operational activities. This commitment underscores its role in fostering a more sustainable future through educational and analytical support that enables various sectors to progress toward a clean energy paradigm.
This information is meant to be a general summary of The Energy 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: $800,424
- Gross Receipts: $57,878,896
Assets and Liabilities:
- Total Assets: $102,177,476
- Total Liabilities: $20,583,984
- Net Assets: $81,593,492
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Organization Details
Founding Year
1991
Phone
(415) 561-6700Principal Officer
Zou Ji
Main Address
55 SECOND STREET 24TH FLOOR, SAN FRANCISCO, CA, 94105
Website
www.efchina.orgNTEE Category
Code: Z99 - Unknown
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