2026-07-29T08:57:11-05:00 2025-09-30 991856619 GRANT THORNTON ADVISORS LLC 1000 WILSON BOULEVARD SUITE 1500 ARLINGTON VA 22209 990 2024-10-01 931360335 JUSTICE CLIMATE FUND INC JUST 2029873770 601 13TH ST NW FL 12 WASHINGTON DC 20005 AMIR KIRKWOOD CHIEF EXECUTIVE OFFICER 2029873770 2026-07-28 1 0 MARY TORRETTA P00847851 7038477500 2024 2025-03-06 01:10:19Z X AMIR KIRKWOOD 601 13TH ST NW FL 12 WASHINGTON DC 20005 7971950 0 X HTTPS://WWW.JUSTICECLIMATEFUND.ORG X 2023 DE TO COMBAT THE CLIMATE CRISIS BY MOBILIZING FINANCING FOR GREENHOUSE GAS AND (SEE SCHEDULE O) AIR POLLUTION REDUCING PROJECTS AND ACTIVITIES IN COMMUNITIES ACROSS THE UNITED STATES. 11 11 13 14 0 0 3820606 7887543 0 0 0 84407 0 0 3820606 7971950 0 356240 0 0 404208 3353606 0 0 1072906 2807011 5396968 3211219 9106814 609387 -1134864 4063284 966544921 4265556 967882057 -202272 -1337136 X TO COMBAT THE CLIMATE CRISIS BY MOBILIZING FINANCING FOR GREENHOUSE GAS AND AIR POLLUTION REDUCING PROJECTS AND ACTIVITIES IN COMMUNITIES ACROSS THE UNITED STATES. 0 0 1050157 0 0 PROGRAM ADMINISTRATION: IN PARTNERSHIP WITH A NATIONAL NETWORK OF COMMUNITY DEVELOPMENT FINANCIAL INSTITUTIONS (CDFIS), MINORITY DEPOSITORY INSTITUTIONS (MDIS), GREEN BANKS, AND LOCAL PARTNERS, JCF MOBILIZES CAPITAL AND RESOURCES TO STRENGTHEN UNDER-RESOURCED COMMUNITIES BY FUNDING PROJECTS THAT PROVIDE CLEAN ENERGY, SUPPORT CLEANER AIR AND WATER, IMPROVE PUBLIC HEALTH, AND BUILD ECONOMIC AND ENVIRONMENTAL RESILIENCE. AS PROGRAM ADMINISTRATOR OF THE CLEAN COMMUNITIES INVESTMENT ACCELERATOR (CCIA) AWARD RECEIVED FROM THE U.S. ENVIRONMENTAL PROTECTION AGENCY UNDER THE GREENHOUSE GAS REDUCTION FUND, JCF STEWARDS A $940 MILLION CONDITIONAL CONTRIBUTION TO BE DEPLOYED THROUGH THIS NETWORK. (CONTINUED IN SCHEDULE O) 1829084 356240 0 TECHNICAL ASSISTANCE:TO ACCELERATE THE CAPACITY OF COMMUNITY LENDERS TO ORIGINATE AND DEPLOY CLIMATE AND CLEAN ENERGY FINANCING, JCF (I) LAUNCHED A FLAGSHIP TECHNICAL-ASSISTANCE INITIATIVE IN PARTNERSHIP WITH GREEN BANK 50, A NATIONAL NETWORK OF U.S.-BASED GREEN BANKS; (II) CONVENED TWO SESSIONS FOR MORE THAN 40 COMMUNITY LENDERS AND FUNDERS TO IDENTIFY AND DEVELOP SOLUTIONS FOR CLOSING CLEAN ENERGY FINANCING GAPS, CULMINATING IN A WHITE PAPER TITLED "BRIDGING INSTITUTIONAL CAPITAL AND COMMUNITY CLIMATE INVESTMENTS" THAT SERVES AS A RESOURCE FOR THE BROADER FIELD; AND (III) SPONSORED ITS FIRST COMMUNITY-LENDER WEBINAR, DRAWING MORE THAN 70 PARTICIPANTS FROM ACROSS THE COUNTRY TO EXPLORE CLIMATE AND CLEAN ENERGY FUNDING SOLUTIONS AND TECHNICAL CAPACITY PROGRAMS. 62926 0 0 SORENSON: IN PARTNERSHIP WITH THE SORENSON IMPACT INSTITUTE AT THE UNIVERSITY OF UTAH, JCF DEVELOPED AN ORGANIZATION-WIDE IMPACT MEASUREMENT AND MANAGEMENT FRAMEWORK DESIGNED TO TRACK THE IMPACT OF ITS WORK, GUIDE DECISION-MAKING, AND PROVIDE TRANSPARENCY TO FUNDERS. THE FRAMEWORK TRACKS MORE THAN 20 METRICS ALIGNED WITH THE ORGANIZATION'S MISSION, INCLUDING THE NUMBER OF UNDER-RESOURCED COMMUNITIES SERVED, THE NUMBER OF JOBS CREATED, AND THE AMOUNT OF GREENHOUSE GAS EMISSIONS AVOIDED. 2942167 1 1 0 0 0 0 0 0 1 0 0 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 8 0 13 1 0 0 0 0 0 0 0 0 0 0 0 0 X 11 11 0 0 1 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 0 0 DC X SUSAN DEARBORN 2029873770 601 13TH ST NW FL 12 WASHINGTON DC 20005 LENWOOD V LONG SR CHAIRMAN 4.00 0.00 X X 0 0 0 MARLA BILONICK VICE CHAIR 4.00 0.00 X X 0 0 0 NICOLE ELAM SECRETARY 4.00 0.00 X X 0 0 0 BERT HUNTER TREASURER 4.00 0.00 X X 0 0 0 CHRYSTEL CORNELIUS DIRECTOR 4.00 0.00 X 0 0 0 IVY DUKE DIRECTOR (THRU 10/31/2024) 4.00 0.00 X 0 0 0 ALEX FORRESTER DIRECTOR (AS OF 1/30/2025) 4.00 0.00 X 0 0 0 ROBIN HUGHES DIRECTOR 4.00 0.00 X 0 0 0 JEANNINE JACOKES DIRECTOR 4.00 0.00 X 0 0 0 MARK MAGANA DIRECTOR (AS OF 1/30/2025) 4.00 0.00 X 0 0 0 EDGAR ROMNEY DIRECTOR (AS OF 1/30/2025) 4.00 0.00 X 0 0 0 DAN SKAFF DIRECTOR (THRU 10/31/2024) 4.00 0.00 X 0 0 0 MARGARET TRELLI DIRECTOR (THRU 1/30/2025) 4.00 0.00 X 0 0 0 JESSICA YUPANQUI FEINGOLD DIRECTOR (AS OF 1/30/2025) 4.00 0.00 X 0 0 0 AMIR KIRKWOOD CEO 40.00 0.00 X 221188 0 4182 BRENDA LOYA CHIEF FINANCIAL & OPERATING OFFICER 40.00 0.00 X 42060 0 1628 ESSIE CARVER CHIEF COMPLIANCE & REPORTING OFFICER 40.00 0.00 X 71652 0 0 CHANCE CRAIG LAUNCH TEAM (THRU 2/28/2025) 40.00 0.00 X 255769 0 915 590669 0 6725 2 0 1 0 WILSON SONSINI GOODRICH & ROSATI 650 PAGE MILL RD PALO ALTO CA 94304 LEGAL 2832646 ALLIANCE OF AFRICAN AMERICAN CDFI CEOS 301 EAST PINE STREET ORLANDO FL 32801 FISCAL SPONSORSHIP 434867 SPENCERSTUART 353 N CLARK SUITE 2500 CHICAGO IL 60654 RECRUITING 379919 KINETIC LEADERS LLC 284 LAFAYETTE STREET SUITE 2B NEW YORK NY 10012 COMMUNICATIONS 365397 SOVRAN CONSULTING GROUP LLC 4445 CORPORATION LN STE 264 VIRGINIA BEACH VA 23462 HUMAN RESOURCES 362000 8 7092954 794589 7887543 84407 84407 7971950 0 0 84407 X 356240 356240 748939 26271 671836 50832 2310078 1286410 249105 774563 86940 9677 75583 1680 207649 33716 171686 2247 2760374 328453 2431921 339619 339619 1940975 754049 951149 235777 999 216 601 182 183692 116302 65725 1665 62323 21191 39071 2061 21820 8846 9599 3375 82786 796 81640 350 LICENSES AND FEES 3283 3109 174 BOOKS & SUBSCRIPTIONS 1097 1097 9106814 2942167 5091741 1072906 4041032 555655 0 8615869 22252 0 2428 0 80188 0 957290781 4063284 966544921 265556 567214 0 6024062 0 957290781 4000000 4000000 4265556 967882057 X -202272 -1337136 -202272 -1337136 4063284 966544921 -1134864 0 X 0 1 X 1 1 1 X 915772 3820606 7887543 12623921 915772 3820606 7887543 12623921 12623921 84407 84407 12708328 X SCHEDULE A, PART II JUSTICE CLIMATE FUND WAS FORMED MAY 12, 2023. ITS FIRST YEAR WAS A SHORT YEAR BEGINNING MAY 12, 2023, AND ENDING SEPTEMBER 30, 2023. SINCE THE CALENDAR YEAR THAT ENDED WITHIN THE FISCAL YEAR WOULD HAVE BEEN 2022 HAD IT BEEN A FULL YEAR, IT IS REPORTED AS TAX YEAR 2022 IN SCHEDULE A, PART II. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 X 0 RESTRICTED CASH HELD IN CUSTODIAL ACCOUNT 957290781 957290781 RECOVERABLE GRANTS 4000000 4000000 X 9187963 1216013 1216013 7971950 0 7971950 10322827 1216013 1216013 9106814 0 9106814 PART IV, LINE 2B: THE ORGANIZATION RECEIVED A FEDERAL AWARD FROM THE ENVIRONMENTAL PROTECTION AGENCY (EPA) UNDER THE CLEAN COMMUNITIES INVESTMENT ACCELERATOR (CCIA) PROGRAM (THE "AWARD"); HOWEVER, THIS MONEY IS HELD IN CUSTODIAL ACCOUNTS AS REQUIRED FOR ALL GREENHOUSE GAS REDUCTION FUND (GGRF) RECIPIENTS DUE ACTIVITY BY THE U.S. TREASURY IN MARCH 2025. THROUGHOUT THE YEAR, A SIGNIFICANT PORTION OF JCF'S CASH HELD IN THE CUSTODIAL ACCOUNTS IS INACCESSIBLE. THESE RESTRICTED AMOUNTS REPRESENT AWARD PROCEEDS AND RELATED INVESTMENT INCOME. PART X, LINE 2: JCF FOLLOWS GUIDANCE THAT CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN, INCLUDING ISSUES RELATING TO FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT. THIS GUIDANCE PROVIDES THAT THE TAX EFFECTS FROM AN UNCERTAIN TAX POSITION CAN ONLY BE RECOGNIZED IN THE FINANCIAL STATEMENTS IF THE POSITION IS "MORE-LIKELY-THAN-NOT" TO BE SUSTAINED IF THE POSITION WERE TO BE CHALLENGED BY A TAXING AUTHORITY. THE ASSESSMENT OF THE TAX POSITION IS BASED SOLELY ON THE TECHNICAL MERITS OF THE POSITION, WITHOUT REGARD TO THE LIKELIHOOD THAT THE TAX POSITION MAY BE CHALLENGED. JCF IS EXEMPT FROM FEDERAL INCOME TAX UNDER U.S. INTERNAL REVENUE CODE SECTION 501(C)(3), THOUGH IT IS SUBJECT TO TAX ON INCOME UNRELATED TO ITS EXEMPT PURPOSE, UNLESS THAT INCOME IS OTHERWISE EXCLUDED BY THE CODE. JCF HAS PROCESSES PRESENTLY IN PLACE TO ENSURE THE MAINTENANCE OF ITS TAX-EXEMPT STATUS; TO IDENTIFY AND REPORT UNRELATED INCOME; TO DETERMINE ITS FILING AND TAX OBLIGATIONS IN JURISDICTIONS FOR WHICH IT HAS NEXUS; AND TO IDENTIFY AND EVALUATE OTHER MATTERS THAT MAY BE CONSIDERED TAX POSITIONS. JCF HAS DETERMINED THAT THERE ARE NO MATERIAL UNCERTAIN TAX POSITIONS THAT REQUIRE RECOGNITION OR DISCLOSURE IN ITS FINANCIAL STATEMENTS. 1 ALLIANCE OF AFRICAN AMERICAN CDFI CEOS 301 EAST PINE STREET ORLANDO FL 32801 852659114 501(C)(3) 154230 0 SEE PART IV NEVADA CLEAN ENERGY FUND 1515 PLUMAS STREET RENO NV 89509 824784502 501(C)(3) 148357 0 SEE PART IV OWEESTA CORPORATION 2432 MAIN STREET - 1ST FLOOR LONGMONT CO 80501 541970097 501(C)(3) 53653 0 SEE PART IV 3 0 PART I, LINE 2: JUSTICE CLIMATE FUND, INC. REQUIRES AWARD RECIPIENTS TO SUBMIT EXPENSE REPORTS DETAILING HOW AWARDED FUNDS WERE SPENT. THE REPORTS ARE REVIEWED TO MONITOR COMPLIANCE WITH THE INTENDED GRANT PURPOSE. PART II, LINE 1(H) THE PURPOSE OF THE GRANTS WAS TO ACCELERATE THE CAPACITY OF COMMUNITY LENDERS TO ORIGINATE AND DEPLOY CLIMATE AND CLEAN ENERGY FINANCING THROUGH TECHNICAL ASSISTANCE, PEER LEARNING, AND FIELD-BUILDING INITIATIVES. X X X 0 0 0 0 0 0 0 0 0 CHANCE CRAIG LAUNCH TEAM (THRU 2/28/2025) 255769 0 0 0 0 0 0 0 915 0 256684 0 0 0 AMIR KIRKWOOD CEO 214562 0 0 0 6626 0 0 0 4182 0 225370 0 0 0 FORM 990, PART III, LINE 4A DURING FY2025, PROGRAM ADMINISTRATION ACTIVITIES INCLUDED BUILDING OUT THE OPERATIONAL INFRASTRUCTURE FOR CAPITAL DEPLOYMENT, ESTABLISHING RECIPIENT ONBOARDING PROCESSES, EXECUTING COMPLIANCE AND REPORTING PROTOCOLS REQUIRED UNDER FEDERAL GRANT ADMINISTRATION, AND DEVELOPING THE FINANCIAL STRUCTURES THROUGH WHICH CAPITAL WILL FLOW TO COMMUNITY LENDERS FINANCING CLIMATE AND CLEAN ENERGY PROJECTS IN UNDER-RESOURCED COMMUNITIES. JCF RECOGNIZED $7,092,954 OF PROGRAM ADMINISTRATION REVENUE FROM THE CCIA AWARD DURING THE FISCAL YEAR ENDED SEPTEMBER 30, 2025. FORM 990, PART VI, SECTION A, LINE 4 JCF'S BYLAWS WERE AMENDED AND RESTATED DURING THE YEAR TO ENHANCE THE ORGANIZATION'S GOVERNANCE STRUCTURE. SIGNIFICANT CHANGES INCLUDED EXPANDING AND RESTRUCTURING THE BOARD OF DIRECTORS, IMPLEMENTING STAGGERED DIRECTOR TERMS AND DIRECTOR QUALIFICATION REQUIREMENTS, ESTABLISHING FORMAL BOARD COMMITTEES (INCLUDING AUDIT, RISK MANAGEMENT, INVESTMENT/CREDIT, GOVERNANCE, COMPENSATION, AND EXECUTIVE COMMITTEES), STRENGTHENING INDEPENDENCE REQUIREMENTS FOR DIRECTORS AND COMMITTEES, AND UPDATING GOVERNANCE, MEETING, AND INDEMNIFICATION PROVISIONS. FORM 990, PART VI, SECTION A, LINE 6 THE MEMBERS OF JCF ARE THE DIRECTORS CURRENTLY SERVING ON THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION A, LINE 7A THE MEMBERS OF JCF ARE ITS DIRECTORS. NEW DIRECTORS ARE ELECTED BY A MAJORITY VOTE OF THE DIRECTORS THEN SERVING ON THE BOARD. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 WAS PREPARED BY AN INDEPENDENT ACCOUNTING FIRM AND REVIEWED BY MANAGEMENT PRIOR TO FILING. A FULL COPY OF THE FORM 990 WAS PROVIDED TO THE BOARD OF DIRECTORS FOR REVIEW PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C OFFICERS, DIRECTORS, AND KEY EMPLOYEES ARE REQUIRED TO ANNUALLY DISCLOSE INTERESTS THAT COULD GIVE RISE TO CONFLICTS. INDEPENDENT MEMBERS OF THE BOARD OF DIRECTORS REVIEW THESE DISCLOSURES AND DETERMINES WHETHER A CONFLICT OF INTEREST EXISTS. IF A CONFLICT IS IDENTIFIED, THE INTERESTED PERSON RECUSES HIMSELF OR HERSELF FROM DISCUSSION AND VOTING ON THE MATTER, AND THE REMAINING BOARD MEMBERS DETERMINE WHETHER THE TRANSACTION IS IN JCF'S BEST INTEREST. FORM 990, PART VI, SECTION B, LINE 15A THE COMPENSATION OF THE CEO IS REVIEWED AND APPROVED BY THE BOARD OF DIRECTORS. COMPENSATION FOR OTHER OFFICERS AND KEY EMPLOYEES IS REVIEWED AND APPROVED BY THE CEO AND/OR DESIGNATED LEADERSHIP, AS APPLICABLE. COMPENSATION DECISIONS ARE BASED ON APPROPRIATE COMPARABILITY DATA, INCLUDING SALARY SURVEYS, INDUSTRY BENCHMARKS, AND, WHEN APPROPRIATE, INDEPENDENT COMPENSATION STUDIES OR CONSULTANT RECOMMENDATIONS, TO ENSURE REASONABLENESS. INDIVIDUALS WHOSE COMPENSATION IS UNDER REVIEW DO NOT PARTICIPATE IN THE APPROVAL PROCESS. ALL DELIBERATIONS AND FINAL COMPENSATION DECISIONS ARE CONTEMPORANEOUSLY DOCUMENTED IN MEETING MINUTES, WRITTEN RESOLUTIONS, OR OTHER ORGANIZATIONAL RECORDS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC TO THE EXTENT REQUIRED BY LAW. FORM 990, PART IX, LINE 11G FISCAL SPONSORSHIP: PROGRAM SERVICE EXPENSES 168,941. MANAGEMENT AND GENERAL EXPENSES 213,101. FUNDRAISING EXPENSES 52,825. TOTAL EXPENSES 434,867. HR SUPPORT & RECRUITING: PROGRAM SERVICE EXPENSES 387,620. MANAGEMENT AND GENERAL EXPENSES 488,940. FUNDRAISING EXPENSES 121,202. TOTAL EXPENSES 997,762. CONSULTING SERVICES: PROGRAM SERVICE EXPENSES 197,488. MANAGEMENT AND GENERAL EXPENSES 249,108. FUNDRAISING EXPENSES 61,750. TOTAL EXPENSES 508,346.