Skip to content
Nonprofiteer
← THE ENERGY FOUNDATION

Form 990 for tax year 2022

Filed by THE ENERGY FOUNDATION.

This return was superseded by a later amendment. matched by us It is kept because history is preserved rather than replaced.

What the amendment changed

Compared with the latest return for 2022 , filed 26 November 2024. matched by us Only the return's totals, a 990-PF's accounting method and the names listed in Part VII (Part VIII on a 990-PF) are compared. We relate returns by organization, tax year and form, and order them by each return's own timestamp; the filer's own "amended return" checkbox is a separate fact.

Those are the same on the two returns, so the amendment changed something else.

Totals

Total revenue
$57,878,896
Total expenses
$69,460,889
Contributions and grants received
$56,746,087
Grants paid
$52,117,910
Program service revenue
$0
Investment income
$800,424
Other revenue
$332,385
Total assets, end of year
$102,177,476
Total liabilities, end of year
$20,583,984
Net assets or fund balances, end of year
$81,593,492
Program services expenses (Part IX)
$64,834,425
Management and general expenses
$3,046,704
Fundraising expenses
$1,579,760
Program service expenses (Part III)
$64,834,425

Program services were 93.3% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1f · All other contributions, gifts and grants

    $56,746,087

  • 3 · Investment income

    total $800,424 · excluded $800,424

  • 11a · Other revenue: CURRENCY EXCHANGE GAIN

    total $278,261 · excluded $278,261

  • 11b · Other revenue: OTHER INCOME

    total $54,124 · related or exempt $54,124

  • 11e · Other revenue, total

    $332,385

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $3,773,950 · program services $3,773,950

  • 3 · Grants to foreign organizations and individuals

    total $48,343,960 · program services $48,343,960

  • 5 · Compensation of officers, directors and key employees

    total $1,122,028 · program services $767,804 · management and general $223,396 · fundraising $130,828

  • 7 · Other salaries and wages

    total $5,725,913 · program services $3,762,388 · management and general $1,264,170 · fundraising $699,355

  • 8 · Pension plan contributions

    total $56,564 · program services $38,707 · management and general $11,262 · fundraising $6,595

  • 9 · Other employee benefits

    total $903,786 · program services $601,699 · management and general $156,729 · fundraising $145,358

  • 10 · Payroll taxes

    total $1,046,719 · program services $799,150 · management and general $183,296 · fundraising $64,273

  • 11b · Fees: legal

    total $78,020 · management and general $78,020

  • 11c · Fees: accounting

    total $422,872 · management and general $422,872

  • 11g · Fees: other

    total $5,101,617 · program services $4,522,736 · management and general $279,948 · fundraising $298,933

  • 13 · Office expenses

    total $313,956 · program services $231,396 · management and general $71,717 · fundraising $10,843

  • 14 · Information technology

    total $189,891 · program services $145,669 · management and general $36,337 · fundraising $7,885

  • 16 · Occupancy

    total $982,003 · program services $784,326 · management and general $160,655 · fundraising $37,022

  • 17 · Travel

    total $524,795 · program services $435,459 · management and general $37,285 · fundraising $52,051

  • 19 · Conferences, conventions and meetings

    total $191,214 · program services $191,214

  • 22 · Depreciation, depletion and amortization

    total $51,987 · program services $17,873 · management and general $22,803 · fundraising $11,311

  • 23 · Insurance

    total $16,701 · program services $12,990 · management and general $2,662 · fundraising $1,049

  • 24a · Other expenses: DUES, MEMBERSHIPS, SUBS

    total $306,394 · program services $180,282 · management and general $20,683 · fundraising $105,429

  • 24b · Other expenses: STAFF RECRUITMENT & DEV

    total $267,536 · program services $224,801 · management and general $34,056 · fundraising $8,679

  • 24c · Other expenses: CHINESE TAX EXPENSES

    total $1,118 · management and general $1,118

  • 24e · All other expenses

    total $39,865 · program services $21 · management and general $39,695 · fundraising $149

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $56,234,888 · end of year $62,700,455

  • 2 · Savings and temporary cash investments

    beginning of year $29,779,124 · end of year $30,138,268

  • 3 · Pledges and grants receivable

    beginning of year $21,777,229 · end of year $5,650,000

  • 4 · Accounts receivable

    beginning of year $0 · end of year $14,533

  • 9 · Prepaid expenses and deferred charges

    beginning of year $344,129 · end of year $342,127

  • 10a · Land, buildings and equipment: cost or other basis

    $969,884

  • 10b · Land, buildings and equipment: accumulated depreciation

    $681,688

  • 10c · Land, buildings and equipment, net

    beginning of year $143,059 · end of year $288,196

  • 15 · Other assets

    beginning of year $0 · end of year $3,043,897

  • 17 · Accounts payable and accrued expenses

    beginning of year $2,117,524 · end of year $2,173,670

  • 18 · Grants payable

    beginning of year $13,937,516 · end of year $15,534,230

  • 25 · Other liabilities

    beginning of year $0 · end of year $2,876,084

  • 27 · Net assets without donor restrictions

    beginning of year $20,657,176 · end of year $20,449,380

  • 28 · Net assets with donor restrictions

    beginning of year $71,566,213 · end of year $61,144,112

Mission and programs · 2022

Mission

THE ENERGY FOUNDATION'S MISSION IS TO ACHIEVE GREENHOUSE GAS EMISSIONS NEUTRALITY, WORLD-CLASS AIR QUALITY, ENERGY ACCESS, AND GREEN GROWTH THROUGH TRANSFORMING ENERGY AND OPTIMIZING ECONOMIC STRUCTURE.

Activities or mission (Part I)

TO ACHIEVE GREENHOUSE GAS EMISSIONS NEUTRALITY, WORLD-CLASS AIR QUALITY, AND GREEN GROWTH.

  • IN 2022, THE ENERGY FOUNDATION GRANTED TO ORGANIZATIONS AND INSTITUTIONS THAT, THROUGH EDUCATION AND ANALYSIS, MADE GAINS IN THE TRANSITION TO A CLEAN ENERGY ECONOMY. ACHIEVEMENTS INCLUDED (BUT WERE NOT LIMITED TO) CLEAN VEHICLE GROWTH, THE ADVANCEMENT OF RENEWABLE ENERGY TECHNOLOGIES, PROGRESS IN LOW CARBON GROWTH PLANNING, THE DEVELOPMENT OF SUSTAINABLE CITIES, AND AN INCREASE IN THE EFFICIENCY OF ENERGY-INTENSIVE ENTERPRISES. IN ORDER TO SUPPORT ITS GRANTMAKING IN CHINA, THE ENERGY FOUNDATION'S EXPENDITURES IN 2022 INCLUDED THE SALARY AND BENEFITS OF AROUND 70 STAFF MEMBERS, OFFICE RENTAL, EQUIPMENT CHARGES, AND OTHER EXPENSES RELATED TO MAINTAINING THE FOUNDATION'S BEIJING PROGRAM OFFICE. THE FOUNDATION ADMINISTERS ITS FOREIGN BRANCH IN CHINA.

    Expenses $64,834,425 · Grants $52,117,910 · Revenue $54,124

As filed on the 2022 return.

Listed in Part VII

  • Zou Ji

    CEO

    Total calculated
    $460,008
    From this org
    $440,761
    From related orgs
    $0
    Other
    $19,247
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $440,761
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $19,247
    Filer's total
    $460,008
  • Hongjun Zhang

    BOARD CHAIR

    Total calculated
    $6,000
    From this org
    $6,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    3
  • Kelly Sims Gallagher

    BOARD MEMBER

    Total calculated
    $6,000
    From this org
    $6,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    3
  • Stephen Harper

    BOARD MEMBER

    Total calculated
    $6,000
    From this org
    $6,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    3
  • Kebin He

    BOARD MEMBER

    Total calculated
    $6,000
    From this org
    $6,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    3
  • Bernice Lee

    BOARD MEMBER

    Total calculated
    $6,000
    From this org
    $6,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    3
  • David Nieh

    BOARD MEMBER

    Total calculated
    $7,654
    From this org
    $7,654
    From related orgs
    $0
    Other
    $0
    Hours/week
    3
  • Hongpeng Lei

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    3
  • Walt Reid

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    3
  • Jorgen Thomsen

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    3
  • Jonathan Pershing

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    3
  • Shenyu Belsky

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    3
  • David Vance Wagner

    SEC/INTERIM TREAS (6/1/22-11/7/22)

    Total calculated
    $324,131
    From this org
    $275,906
    From related orgs
    $0
    Other
    $48,225
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $275,906
    Bonus
    $0
    Other
    $0
    Deferred
    $27,322
    Nontaxable benefits
    $20,903
    Filer's total
    $324,131
  • Shao Yue

    COO/TREASURER (THRU 6/30/22)

    Total calculated
    $219,610
    From this org
    $215,565
    From related orgs
    $0
    Other
    $4,045
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $215,565
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $4,045
    Filer's total
    $219,610
  • Fang Yuwei

    COO/TREASURER (STARTING 11/7/22)

    Total calculated
    $80,624
    From this org
    $77,429
    From related orgs
    $0
    Other
    $3,195
    Hours/week
    40
  • Jean Ku

    DIRECTOR, STRATEGIC PARTNERSHIP

    Total calculated
    $249,938
    From this org
    $209,519
    From related orgs
    $0
    Other
    $40,419
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $209,519
    Bonus
    $0
    Other
    $0
    Deferred
    $20,683
    Nontaxable benefits
    $19,736
    Filer's total
    $249,938
  • Piotr Kodzis

    FINANCE DIRECTOR

    Total calculated
    $234,262
    From this org
    $192,600
    From related orgs
    $0
    Other
    $41,662
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $192,600
    Bonus
    $0
    Other
    $0
    Deferred
    $18,991
    Nontaxable benefits
    $22,671
    Filer's total
    $234,262
  • Danielle Fuller-Wimbush

    DIRECTOR OF GRANTS MANAGEMENT

    Total calculated
    $217,699
    From this org
    $171,600
    From related orgs
    $0
    Other
    $46,099
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $171,600
    Bonus
    $0
    Other
    $0
    Deferred
    $16,891
    Nontaxable benefits
    $29,208
    Filer's total
    $217,699
  • Yunshu Ji

    GRANTS MANAGER

    Total calculated
    $166,164
    From this org
    $135,600
    From related orgs
    $0
    Other
    $30,564
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $125,600
    Bonus
    $10,000
    Other
    $0
    Deferred
    $12,232
    Nontaxable benefits
    $18,332
    Filer's total
    $166,164

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

  • TO SUPPORT EDUCATION AND ANALYSIS TO ADVANCE CLIMATE LEADERSHIP, TO SUPPORT EDUCATION AND ANALYSIS TO ADVANCE LOW CARBON CITIES, AND TO SUPPORT EDUCATION, ANALYSIS AND OUTREACH TO BUILD A CLEAN ENERGY FUTURE

  • TO SUPPORT EDUCATION AND OUTREACH TO BUILD A CLEAN ENERGY FUTURE, TO PROMOTE EDUCATION, ANALYSIS FOR THE ALTERNATIVE REFRIGERANT AND ENERGY-SAVING TECHNOLOGY, TO ACHIEVE THE GOALS OF CARBON NEUTRALITY AND EMISSION PEAKING GOALS, AND TO SUPPORT EDUCATION AND ANALYSIS TO PROMOTE ELECTRIC VEHICLES

  • TO SUPPORT EDUCATION AND ANALYSIS TO ADVANCE CLIMATE LEADERSHIP AND TO SUPPORT EDUCATION, ANALYSIS AND OUTREACH TO BUILD A CLEAN ENERGY FUTURE

  • TO PROMOTE EDUCATION AND ANALYSIS TO ADVANCE CLEAN ELECTRICITY AND TO SUPPORT EDUCATION AND ANALYSIS TO ADVANCE LOW CARBON CITIES

  • UNIVERSITY OF MARYLAND

    $350,000

    TO SUPPORT EDUCATION AND ANALYSIS TO PHASE OUT COAL

  • TO SUPPORT EDUCATION, ANALYSIS AND OUTREACH TO BUILD A CLEAN ENERGY FUTURE AND TO NARROW DOWN THE GAP IN NARRATIVES BETWEEN DIFFERENT REGIONS, TO PROMOTE MORE JOINT EFFORTS IN IMPROVING GLOBAL CLIMATE GOVERNANCE

  • TO SUPPORT EDUCATION AND ANALYSIS TO ADVANCE CLIMATE LEADERSHIP.

  • TO PROMOTE EDUCATION, ANALYSIS FOR THE ALTERNATIVE REFRIGERANT AND ENERGY-SAVING TECHNOLOGY, TO ACHIEVE THE GOALS OF CARBON NEUTRALITY AND EMISSION PEAKING GOALS.

  • TO NARROW DOWN THE GAP IN NARRATIVES BETWEEN DIFFERENT REGIONS, TO PROMOTE MORE JOINT EFFORTS IN IMPROVING GLOBAL CLIMATE GOVERNANCE

  • TO SUPPORT EDUCATION, ANALYSIS AND OUTREACH TO BUILD A CLEAN ENERGY FUTURE

The 10 largest by cash amount. The API serves every itemized grant.

Provenance

Return type
form_990
Tax year
2022
Filed
13 November 2023
IRS schema version
2022v5.0
Source object
202323189349304807

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.