Nonprofit · EIN 26-4129153
CLIMATE POLICY INITIATIVE INC
Tax-exempt · SAN FRANCISCO, CA 94105
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $22,537,930 | $20,637,486 | $1,900,444 | $41,194,403 | $6,165,841 | $35,028,562 |
| December 31, 2023 | 990 | $20,796,223 | $13,962,411 | $6,833,812 | $34,132,373 | $1,511,571 | $32,620,802 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $19,070,373
- of which government grants
- $9,129,603
- Program service revenue
- $2,988,637
- Investment income
- $474,802
- Net gain from sales of assets
- -$7,497
- Other revenue
- $4,118
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $1,791,593
- Other salaries and wages
- $7,096,436
- Salaries, compensation and benefits (total)
- $10,839,579
- Professional fundraising fees
- $0
- Legal fees
- $30,309
- Accounting fees
- $214,311
- Occupancy
- $364,071
- Travel
- $519,452
- Depreciation
- $6,698
- Program services (functional)
- $18,742,910
- Management and general (functional)
- $1,699,821
- Fundraising (functional)
- $194,755
Balance sheet and other
- Total assets, start of year
- $34,132,373
- Total assets, end of year
- $41,194,403
- Total liabilities, end of year
- $6,165,841
- Net assets, end of year
- $35,028,562
- Land, buildings and equipment
- $6,124
- Publicly traded securities
- $3,193,019
- Net assets without donor restrictions
- $23,988,986
- Net assets with donor restrictions
- $11,039,576
- Gross receipts
- $23,306,852
- Employees
- 55
- Volunteers
- 6
- Year formed
- 2009
- State of legal domicile
- DE
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| BARBARA BUCHNER | GMD & ED, CLIMATE FINANCE Officer | 40 | $369,792 | $39,618 |
| JULIANO ASSUNCAO | ED, BRAZIL POLICY CENTER Officer | 40 | $358,935 | $0 |
| BELLA TONKONOGY | PROGRAM DIR., CLIMATE FINANCE Highest-paid employee | 40 | $185,253 | $42,018 |
| DANIELLE KNIGHT | CHIEF FINANCIAL OFFICER Officer | 40 | $202,555 | $21,621 |
| BENJAMIN BROCHE | ASSOC. PROGRAM DIR., CLIMATE FINANCE Highest-paid employee | 40 | $160,359 | $36,806 |
| SOFIA CHANCEY | DIRECTOR OF OPERATIONS Key employee | 40 | $154,788 | $35,279 |
| DHARSHAN WIGNARAJAH | DIRECTOR UK Highest-paid employee | 32 | $174,458 | $13,169 |
| ROBERT KAHN | HEAD OF COMMUNICATIONS Highest-paid employee | 40 | $145,506 | $25,487 |
| VALERIO MICALE | MANAGER UK Highest-paid employee | 40 | $149,773 | $10,780 |
| THOMAS C HELLER | BOARD CHAIR Trustee or director, Officer | 5 | $22,500 | $0 |
| DR KARSTEN SACH | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| HOWARD BAMSEY | BOARD DIRECTOR Trustee or director | 1 | $0 | $0 |
| JOAQUIN LEVY | BOARD DIRECTOR Trustee or director | 1 | $0 | $0 |
| STACY SWANN | BOARD DIRECTOR Trustee or director | 1 | $0 | $0 |
| RACHEL KYTE | BOARD DIRECTOR (THRU 10/20/24) Trustee or director | 1 | $0 | $0 |
1 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| STEWART J PAPERIN | BOARD DIRECTOR (THRU 3/20/24) Trustee or director | 1 | $0 |
990 for the year ended December 31, 2023: 16 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| BARBARA BUCHNER | GMD & ED, CLIMATE FINANCE Officer | 40 | $351,492 | $36,523 |
| JULIANO ASSUNCAO | ED, BRAZIL POLICY CENTER Officer | 40 | $324,180 | $0 |
| BELLA TONKONOGY | PROGRAM DIR., CLIMATE FINANCE Highest-paid employee | 40 | $174,287 | $39,345 |
| DANIELLE KNIGHT | CHIEF FINANCIAL OFFICER Officer | 40 | $188,235 | $19,981 |
| BENJAMIN BROCHE | ASSOC. PROGRAM DIR., CLIMATE FINANCE Highest-paid employee | 40 | $154,291 | $33,172 |
| DHARSHAN WIGNARAJAH | DIRECTOR UK Highest-paid employee | 32 | $156,544 | $12,019 |
| ROBERT KAHN | HEAD OF COMMUNICATIONS Highest-paid employee | 40 | $126,696 | $27,777 |
| VALERIO MICALE | MANAGER UK Highest-paid employee | 40 | $133,306 | $8,061 |
| THOMAS C HELLER | BOARD CHAIR Trustee or director, Officer | 5 | $22,500 | $0 |
| PAUL BREST | SECRETARY (THRU JAN 2023) Trustee or director, Officer | 1 | $0 | $0 |
| DR KARSTEN SACH | SECRETARY (STARTED JAN 2023) Trustee or director, Officer | 1 | $0 | $0 |
| HOWARD BAMSEY | BOARD DIRECTOR Trustee or director | 1 | $0 | $0 |
| RACHEL KYTE | BOARD DIRECTOR Trustee or director | 1 | $0 | $0 |
| STEWART J PAPERIN | BOARD DIRECTOR Trustee or director | 1 | $0 | $0 |
| JOAQUIN LEVY | BOARD DIRECTOR Trustee or director | 1 | $0 | $0 |
| STACY SWANN | BOARD DIRECTOR Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 575 MARKET STREET 514, SAN FRANCISCO, CA 94105-2854
- Principal officer (990 for 2024)
- BARBARA BUCHNER, 575 MARKET STREET 514, SAN FRANCISCO, CA 94105
- Signed the 990
- RYAN SCHEAR, GLOBAL DIRECTOR OF FINANCE
- Phone
- (415) 230-0791
- Return prepared by
- HOOD & STRONG LLP
California records
California keeps its own records of charities and corporations. Search them by EIN 26-4129153 or by the name CLIMATE POLICY INITIATIVE INC.
- Attorney General, Registry of Charities and Fundraisers
- Registration status and filed reports (CT-TR-1, RRF-1)
- Secretary of State, bizfile Online
- Corporation status, entity number, agent for service
- Franchise Tax Board
- Entity status letter (state tax exemption, good standing)
Mission
OUR MISSION IS TO HELP GOVERNMENTS, BUSINESSES, AND FINANCIAL INSTITUTIONS DRIVE ECONOMIC GROWTH WHILE ADDRESSING CLIMATE CHANGE. OUR VISION IS TO BUILD A SUSTAINABLE, RESILIENT, AND INCLUSIVE GLOBAL ECONOMY.
Program accomplishments
- CLIMATE FINANCE - KNOWN FOR TRACKING SUSTAINABLE INVESTMENT TRENDS, IDENTIFYING INNOVATIVE BUSINESS MODELS, AND SUPPORTING THE SOLUTIONS THAT CAN DRIVE A TRANSITION TO A LOW CARBON, CLIMATE RESILIENT ECONOMY. CPI CONDUCTS THE MOST COMPREHENSIVE MAPPING OF CLIMATE FINANCE FLOWS AVAILABLE AND CONVENES PUBLIC AND PRIVATE STAKEHOLDERS TO DESIGN AND IMPLEMENT INNOVATIVE FINANCIAL INSTRUMENTS THOUGH THE GLOBAL INNOVATION LAB FOR CLIMATE FINANCE. CPI ALSO WORKS WITH GOVERNMENTS, COMPANIES, INVESTORS, AND FOUNDATIONS AROUND THE WORLD TO ASSESS, TEST, AND REPLICATE THEIR POLICIES, PROGRAMS, AND INVESTMENTS. THE WORK ENSURES THAT RESOURCES ARE SPENT AS EFFECTIVELY AS POSSIBLE. 64 CLIENTS WERE SERVED IN 2024.Expenses $15,678,203 · revenue $2,969,526
- BRAZIL POLICY CENTER - COMBINES RIGOROUS ECONOMIC, INSTITUTIONAL, AND LEGAL ANALYSIS TO IDENTIFY AREAS FOR IMPROVING PUBLIC POLICIES AND PROVIDES CONCRETE RECOMMENDATIONS ON HOW TO RECONCILE ECONOMIC DEVELOPMENT WITH ENVIRONMENTAL CONSERVATION. CPI WORKS CLOSELY WITH GOVERNMENT AGENCIES AND CIVIL SOCIETY TO CHART PATHS FOR IMPROVEMENT. CPI'S BRAZIL POLICY CENTER FOCUSES ON STRATEGIC AREAS, INCLUDING CLIMATE LAW AND GOVERNANCE, CONSERVATION, ENERGY, FINANCIAL INSTRUMENTS, INFRASTRUCTURE, AND SUSTAINABLE AGRICULTURE AND IS BASED OUT THE PONTIFICAL CATHOLIC UNIVERSITY OF RIO DE JANEIRO (PUC-RIO). 11 CLIENTS WERE SERVED IN 2024.Expenses $3,064,707 · revenue $23,229
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 26-4129153
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2009
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Environment (C05)
- Assets (IRS master file)
- $41,194,403
- Income (IRS master file)
- $23,306,852
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $22,537,930 | $20,637,486 | $41,194,403 | IRS |
| 990 | December 2023 | $20,796,223 | $13,962,411 | $34,132,373 | XML |
| 990 | December 2022 | $16,477,311 | $12,772,497 | $26,840,346 | IRS |
| 990 | December 2021 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 26-4129153).
Questions about CLIMATE POLICY INITIATIVE INC
- What is the EIN of CLIMATE POLICY INITIATIVE INC?
- The employer identification number (EIN) of CLIMATE POLICY INITIATIVE INC is 26-4129153.
- Is CLIMATE POLICY INITIATIVE INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2009.
- Are donations to CLIMATE POLICY INITIATIVE INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does CLIMATE POLICY INITIATIVE INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of CLIMATE POLICY INITIATIVE INC due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did CLIMATE POLICY INITIATIVE INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of CLIMATE POLICY INITIATIVE INC?
- The 990 for the year ended December 31, 2024 names BARBARA BUCHNER.
- Who are the officers and directors of CLIMATE POLICY INITIATIVE INC?
- The 990 for the year ended December 31, 2024 lists 16 people; 10 received compensation from the organization, the highest $369,792 (BARBARA BUCHNER, GMD & ED, CLIMATE FINANCE).
- How much revenue does CLIMATE POLICY INITIATIVE INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $22,537,930, expenses of $20,637,486 and total assets of $41,194,403 at year end.
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