Totals
- Total revenue
- $16,477,311
- Total expenses
- $12,772,497
- Contributions and grants received
- $14,256,094
- Grants paid
- $349,659
- Program service revenue
- $2,158,349
- Investment income
- $57,646
- Other revenue
- $5,222
- Total assets, end of year
- $26,840,346
- Total liabilities, end of year
- $1,742,496
- Net assets or fund balances, end of year
- $25,097,850
- Program services expenses (Part IX)
- $11,954,792
- Management and general expenses
- $605,864
- Fundraising expenses
- $211,841
- Program service expenses (Part III)
- $11,954,792
Program services were 93.6% 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.
-
1e · Government grants (contributions)
$5,349,131
-
1f · All other contributions, gifts and grants
$8,906,963
-
2a · Program service revenue: CONTRACT REVENUE
total $2,158,349 · related or exempt $2,158,349
-
3 · Investment income
total $66,224 · excluded $66,224
-
7a · Gross sales of assets other than inventory
securities $596,329
-
7b · Less cost or other basis and sales expenses
securities $604,907
-
7c · Gain or loss
securities -$8,578
-
7d · Net gain or loss
total -$8,578 · excluded -$8,578
-
11a · Other revenue: UBTI TAX REFUND
total $3,049 · excluded $3,049
-
11b · Other revenue: GAIN ON FOREIGN EXCHANGE
total $1,252 · excluded $1,252
-
11c · Other revenue: OTHER INCOME
total $921 · related or exempt $921
-
11e · Other revenue, total
$5,222
Functional expenses
Part IX, the statement of functional expenses.
-
3 · Grants to foreign organizations and individuals
total $349,659 · program services $349,659
-
5 · Compensation of officers, directors and key employees
total $1,346,995 · program services $1,082,949 · management and general $110,775 · fundraising $153,271
-
7 · Other salaries and wages
total $3,545,859 · program services $3,428,467 · management and general $112,109 · fundraising $5,283
-
8 · Pension plan contributions
total $331,319 · program services $321,639 · management and general $8,033 · fundraising $1,647
-
9 · Other employee benefits
total $454,473 · program services $405,640 · management and general $27,441 · fundraising $21,392
-
10 · Payroll taxes
total $608,985 · program services $582,396 · management and general $15,527 · fundraising $11,062
-
11b · Fees: legal
total $31,574 · program services $23,305 · management and general $8,269
-
11c · Fees: accounting
total $130,037 · program services $43,514 · management and general $86,523
-
11f · Fees: investment management
total $10,232 · management and general $10,232
-
11g · Fees: other
total $4,944,552 · program services $4,829,416 · management and general $111,330 · fundraising $3,806
-
12 · Advertising and promotion
total $2,060 · program services $2,060
-
13 · Office expenses
total $137,340 · program services $113,821 · management and general $18,843 · fundraising $4,676
-
14 · Information technology
total $295,880 · program services $238,692 · management and general $53,498 · fundraising $3,690
-
16 · Occupancy
total $146,787 · program services $129,870 · management and general $11,327 · fundraising $5,590
-
17 · Travel
total $246,221 · program services $241,994 · management and general $3,218 · fundraising $1,009
-
19 · Conferences, conventions and meetings
total $35,314 · program services $35,296 · management and general $18
-
22 · Depreciation, depletion and amortization
total $521 · program services $521
-
23 · Insurance
total $31,741 · program services $3,020 · management and general $28,721
-
24a · Other expenses: PUBLICATIONS & DATA
total $111,291 · program services $110,876 · fundraising $415
-
24b · Other expenses: BAD DEBTS
total $10,127 · program services $10,127
-
24c · Other expenses: PRINTING & REPRODUCTION
total $1,530 · program services $1,530
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $15,137,294 · end of year $14,254,301
-
2 · Savings and temporary cash investments
beginning of year $3,029,886 · end of year $5,023,887
-
3 · Pledges and grants receivable
beginning of year $1,332,997 · end of year $4,498,693
-
4 · Accounts receivable
beginning of year $24,379 · end of year $5,370
-
9 · Prepaid expenses and deferred charges
beginning of year $29,579 · end of year $91,426
-
10a · Land, buildings and equipment: cost or other basis
$298,332
-
10b · Land, buildings and equipment: accumulated depreciation
$298,332
-
10c · Land, buildings and equipment, net
beginning of year $522 · end of year $0
-
11 · Investments: publicly traded securities
beginning of year $2,106,599 · end of year $2,010,714
-
15 · Other assets
beginning of year $4,764,259 · end of year $955,955
-
17 · Accounts payable and accrued expenses
beginning of year $693,430 · end of year $585,663
-
19 · Deferred revenue
beginning of year $85,286 · end of year $110,199
-
25 · Other liabilities
beginning of year $0 · end of year $1,046,634
-
27 · Net assets without donor restrictions
beginning of year $15,522,794 · end of year $14,943,983
-
28 · Net assets with donor restrictions
beginning of year $10,124,005 · end of year $10,153,867
Mission and programs · 2022
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.
Activities or mission (Part I)
BUILD A SUSTAINABLE, RESILIENT, AND INCLUSIVE GLOBAL ECONOMY WHILE ADDRESSING CLIMATE CHANGE.
-
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 THROUGH 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. 28 CLIENTS WERE SERVED IN 2022.
Expenses $9,689,000 · Grants $349,659 · Revenue $1,748,837
-
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). 3 CLIENTS WERE SERVED IN 2022.
Expenses $2,265,792 · Revenue $414,734
As filed on the 2022 return.
Listed in Part VII
-
Thomas C HellerTHOMAS C HELLER
BOARD CHAIR
- Total calculated
- $22,500
- From this org
- $22,500
- From related orgs
- $0
- Other
- $0
- Hours/week
- 5
-
Paul BrestPAUL BREST
SECRETARY
- Total calculated
- $0
- Hours/week
- 1
-
Howard BamseyHOWARD BAMSEY
BOARD DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Rachel KyteRACHEL KYTE
BOARD DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Stewart J PaperinSTEWART J PAPERIN
BOARD DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Barbara BuchnerBARBARA BUCHNER
GMD & ED, CLIMATE FINANCE
- Total calculated
- $358,355
- From this org
- $328,510
- From related orgs
- $0
- Other
- $29,845
- Hours/week
- 40 + 1 related
Schedule J breakdown matched by us
- Base
- $328,510
- Bonus
- $0
- Other
- $0
- Deferred
- $18,300
- Nontaxable benefits
- $11,545
- Filer's total
- $358,355
-
Juliano AssuncaoJULIANO ASSUNCAO
ED, BRAZIL POLICY CENTER
- Total calculated
- $306,007
- From this org
- $306,007
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $306,007
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $0
- Filer's total
- $306,007
-
Danielle KnightDANIELLE KNIGHT
CHIEF FINANCIAL OFFICER
- Total calculated
- $186,752
- From this org
- $169,697
- From related orgs
- $0
- Other
- $17,055
- Hours/week
- 40 + 2 related
Schedule J breakdown matched by us
- Base
- $169,697
- Bonus
- $0
- Other
- $0
- Deferred
- $11,357
- Nontaxable benefits
- $5,698
- Filer's total
- $186,752
-
Bella TonkonogyBELLA TONKONOGY
PROGRAM DIR., CLIMATE FINANCE
- Total calculated
- $186,460
- From this org
- $155,768
- From related orgs
- $0
- Other
- $30,692
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $152,268
- Bonus
- $3,500
- Other
- $0
- Deferred
- $10,267
- Nontaxable benefits
- $20,425
- Filer's total
- $186,460
-
Robert KahnROBERT KAHN
HEAD OF COMMUNICATIONS
- Total calculated
- $146,614
- From this org
- $126,007
- From related orgs
- $0
- Other
- $20,607
- Hours/week
- 40
-
Benjamin BrocheBENJAMIN BROCHE
ASSOC. PROGRAM DIR., CLIMATE FINANCE
- Total calculated
- $156,882
- From this org
- $131,846
- From related orgs
- $0
- Other
- $25,036
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $128,396
- Bonus
- $3,450
- Other
- $0
- Deferred
- $8,491
- Nontaxable benefits
- $16,545
- Filer's total
- $156,882
-
Valerio MicaleVALERIO MICALE
MANAGER UK
- Total calculated
- $136,803
- From this org
- $130,602
- From related orgs
- $0
- Other
- $6,201
- Hours/week
- 40
-
Dharshan WignarajahDHARSHAN WIGNARAJAH
DIRECTOR UK
- Total calculated
- $136,406
- From this org
- $128,699
- From related orgs
- $0
- Other
- $7,707
- Hours/week
- 32
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
No itemized grants to organizations on this return.
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
CLIMATE POLICY FOUNDATION
RESEARCH · IN · controlled entity
Directly controlled by CLIMATE POLICY INITIATIVE INC
-
CENDEKIA PERUBAHAN IKLIM INDONESIA FOUNDATION
RESEARCH · ID · controlled entity
Directly controlled by CLIMATE POLICY INITIATIVE INC
Taxable family on this return
Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.
Related corporations and trusts
Part IV: related organizations taxable as a corporation or trust.
-
CLIMATE POLICY INITIATIVE INDIA PRIVATE LIMITED
C · RESEARCH · IN · 99.9% owned · share of income $1,230,121 · share of assets $371,948 · controlled entity
Directly controlled by CLIMATE POLICY INITIATIVE INC
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 28 August 2023
- IRS schema version
- 2022v5.0
- Source object
- 202312409349301111
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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