Form 990 for tax year 2023

Totals

Total revenue

$3,462,194

Total expenses

$2,421,482

Contributions and grants received

$3,082,860

Grants paid

$27,500

Program service revenue

$379,287

Investment income

$47

Other revenue

$0

Total assets, end of year

$1,727,233

Total liabilities, end of year

$135,824

Net assets or fund balances, end of year

$1,591,409

Program services expenses (Part IX)

$2,115,463

Management and general expenses

$213,894

Fundraising expenses

$92,125

Program service expenses (Part III)

$2,115,463

Program services were 87.4% 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.

Mission and programs · 2023

• CGC TAKES A HOLISTIC APPROACH TO CLEAN ENERGY INVESTMENT, AND HAS BUILT A TRACK RECORD OF HANDS-ON EXPERTISE THAT REMAINS UNIQUE AMONG BOTH NON-PROFIT INSTITUTIONS AND FOR-PROFIT CONSULTANTS. A FEW KEY PRINCIPLES UNDERLIE CGC'S APPROACH TO ESTABLISHING NEW GREEN BANKS AND SUPPORTING THE BROADER GREEN BANK ECOSYSTEM.INCUBATE AND SUPPORT GREEN BANKSCGC CREATES NATIONAL, REGIONAL AND LOCAL GREEN BANKS THAT FINANCE CLEAN ENERGY PROJECTS IN PARTNERSHIP WITH THE PRIVATE SECTOR. CGC HAS UNIQUE EXPERTISE EVALUATING MARKETS, DESIGNING INSTITUTIONAL MODELS, DRAFTING LEGISLATION AND FORMING GREEN BANKS IN GEOGRAPHIES AROUND THE WORLD. RAISE AND DEPLOY CAPITALCGC PARTNERS WITH GREEN BANKS TO RAISE, ORGANIZE AND DEPLOY CAPITAL TO FINANCE CLEAN ENERGY PROJECTS AND SUPPORT GREEN BANK OPERATIONS. FROM FOUNDATIONS AND IMPACT INVESTORS TO COMMERCIAL LENDERS AND DEVELOPMENT INSTITUTIONS, CGC SEEKS TO CONNECT CAPITAL TO EMISSIONS-REDUCING PROJECTS.SPUR EXPANSION AND GROWTHCGC IS A THOUGHT LEADER, CONVENER AND FIELD CATALYST FOR GREEN BANKS. CGC SUPPORTS THE GROWTH OF A ROBUST INDUSTRY THROUGH RESEARCH, NETWORKING, EVENTS AND COMMUNICATION. THIS INCLUDES OPERATING THE AMERICAN GREEN BANK CONSORTIUM AND THE GLOBAL GREEN BANK NETWORK, TWO MEMBERSHIP ORGANIZATIONS WHICH CONVENE GREEN BANK INSTITUTIONS.

  Expenses $2,115,463 · Grants $27,500 · Revenue $379,287

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

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

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

• CLEAN ENERGY AND SUSTAINABILITY ACCELERATOR

  $27,500

  COVER YEAR LONG LEASE AND GENERAL SUPPORT OF CESA'S WORK

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.

• COALITION FOR GREEN CAPITAL ACTION FUND

  501(C)(4) · PUBLIC ADVOCACY · DC

• CLEAN ENERGY AND SUSTAINABILITY ACCELERATOR

  501(C)(3) · ENVIRONMENTAL · DC

Provenance

Return type

form_990

Tax year

2023

Filed

15 November 2024

IRS schema version

2023v5.1

Source object

202433209349311138

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