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    3. Growald Climate Fund
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    Growald Climate Fund

    ActivePhilanthropy & Voluntarism
    BROOKLINE, MAWebsite8022388062

    About Growald Climate Fund

    Growald Climate Fund concentrates on large, strategic grants that advance climate policy and capacity outside the U.S., frequently channeling significant sums to intermediary organizations and research/technical assistance partners. Their funding is oriented toward policy advocacy, international climate capacity building, and support for organizations that influence regional or global decarbonization strategies. The foundation makes few but sizeable gifts and appears to favor repeat, high-impact partners.

    Focus Areas

    European climate policy advocacy and strategy (e.g., supporting the European Climate Foundation)International research and technical exchange for climate solutions (e.g., funding IREX-type programs)Support for climate-focused intermediary/adaptive funds that deploy capital to regional initiatives (e.g., SED Fund)

    Giving Approach

    Highly concentrated giving: a very small number of large grants, including repeat funding to top grantees; emphasis on intermediaries and research partners to achieve international policy and capacity outcomes rather than many small community grants.

    Funding Style

    project-based fundingprogram supportgeneral/unrestricted operating support

    About Growald Climate Fund

    Growald Climate Fund Inc. channels large grants into climate policy, capacity building, and clean electricity transition work, often through intermediary organizations that influence regional or global decarbonization strategies. One recent example is its $4,238,000 grant to the European Climate Foundation for project support, alongside $3,421,495 to the International Research & Exchanges Board for program support. The recent grant list also shows repeated seven-figure support for organizations working on climate advocacy and field infrastructure, including SED Fund, Sunrise Project, and The Energy Foundation. The foundation’s approach is venture-philanthropy oriented: it backs nonprofit organizations, research institutions, policy groups, and collaborative partnerships that can move climate work through research, advocacy, leadership development, and organizational capacity. Its portfolio includes direct grants, general support, project support, and core support. The active programs point to a strong emphasis on rapid decarbonization of the electricity sector, climate innovation, and collective action across regions such as Europe, Southeast Asia, and other international settings. Recent grants also show support for organizations in diplomacy and policy-adjacent roles, such as Climate Action Network Europe and Tara Climate Limited.

    What Growald Climate Fund Funds

    A central theme in the funder’s portfolio is climate-policy infrastructure. In this area, it gave $1,000,000 to Climate Action Network Europe for project support and $850,000 to Climate 2025 for project support, both tied to policy and advocacy work. The foundation also supports research and technical exchange: it awarded $1,217,000 to Int'l Research & Exchanges Board (IREX) for project support and $700,000 more to the same organization in 2025. Another strand is intermediary and regranting support. Growald Climate Fund Inc. provided $2,600,000 to Sed Fund for general support and $760,000 to Rockefeller Philanthropy Advisors Inc for project support, both of which fit its field-building style. Its electricity-transition focus is also visible in grants to The Energy Foundation, including $1,000,000 for project support and another $1,000,000 for program support.

    How Growald Climate Fund Gives

    Typical grants range from small seed amounts to major portfolio grants: the 25th percentile is $500, the median is $2,000, and the 75th percentile is $100,000. The recent grant list shows repeated support for several organizations over multiple years, including European Climate Foundation, IREX, Sunrise Project, The Energy Foundation, and Climate 2025, indicating ongoing portfolio relationships rather than one-off awards. Growald Climate Fund Inc. is a regular funder and gives as a foundation, with grant types that include project support, program support, general support, and core support. The pattern is high-touch and strategic, with many large grants concentrated among a relatively small set of grantees.

    Financial Snapshot

    Annual Giving

    $26.3M

    Total Assets

    $41M

    Total Revenue

    $29.3M

    Total Expenses

    $33.5M

    Typical Grant Size

    Most grants fall between $500 and $100K, with a median of $2K.

    25th Percentile

    $500

    Median

    $2K

    75th Percentile

    $100K

    Geographic Reach

    National18 states funded

    About 1% of grants go to recipients in VT.

    Funding intensity
    Low
    High
    Headquarters
    Funding intensity
    Low
    High

    Where Growald Climate Fund Funds

    Top 10 recipient countries by grant volume for Growald Climate Fund.

    RankCountryGrantsTotalShare
    1United StatesDomestic311$24M
    69.6%
    2United Kingdom23$6.1M

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    EIN: 46-4209325
    3 filings on record
    See If You're a Fit — FreeFree account · instant fit score · similar funders
    core support (organizational capacity/staff/operations)
    emergency/rapid-response project support

    Notable grantees: European Climate Foundation, International Research & Exchanges Board (IREX), SED Fund

    Where Growald Climate Fund Makes Grants

    Grantmaking is international, but the largest concentration of recipients is in the United States, which accounts for 311 grants. Other recurring recipient locations include the UK, the Netherlands, France, and Colombia. Named cities in the recent grants include Washington, DC; San Francisco; New York; Brussels; The Hague; Den Haag; Bogota; Johannesburg; Singapore; Sheffield; and Warsaw. The foundation’s HQ is in Brookline, Massachusetts, but only 1% of grants go to recipients in Massachusetts.

    Frequently Asked Questions About Growald Climate Fund

    What kinds of organizations does Growald Climate Fund Inc. support?

    It funds nonprofit organizations, research institutions, policy and advocacy groups, and collaborative partnerships. The recent grant list includes organizations such as the European Climate Foundation, IREX, Sed Fund, and The Energy Foundation, showing support for both field infrastructure and climate-policy work.

    What is the typical grant size?

    The grant-size distribution is wide: the 25th percentile is $500, the median is $2,000, and the 75th percentile is $100,000. Recent awards also include multiple seven-figure grants, so the portfolio includes both small and very large grants.

    Does the foundation make repeat grants to the same recipients?

    Yes. The recent grants show repeat support for several organizations across multiple years, including the European Climate Foundation, IREX, Sunrise Project, The Energy Foundation, and Climate 2025. That pattern suggests ongoing portfolio relationships.

    Which countries receive most of the grants?

    The United States receives most of the grants, with 311 awards, followed by the UK, the Netherlands, France, and Colombia. Recipient cities in the recent list include Washington, DC; San Francisco; New York; Brussels; The Hague; Bogota; Johannesburg; and Singapore.

    What are the main focus areas in its grantmaking?

    Its recent grants center on clean electricity transition, climate policy and advocacy, research and technical exchange, intermediary and regranting support, and organizational capacity building. Examples include project support for the European Climate Foundation, program support for IREX, and general support for Sed Fund.

    Latest 990 Filing

    2025

    Source: IRS Form 990-PF, fiscal year 2025.

    5.2%
    3South Korea12$3.2M
    2.7%
    4South Africa12$2.3M
    2.7%
    5Netherlands10$12.2M
    2.2%
    6Colombia8$2.3M
    1.8%
    7Switzerland6$1.5M
    1.3%
    8Philippines6$706K
    1.3%
    9France5$2.1M
    1.1%
    10Japan5$1.2M
    1.1%

    Recipient country reflects the grantee's headquarters per IRS 990-PF and Schedule F filings, not the program's implementation country.

    Recent Grants

    Most recent grants reported to the IRS.

    RecipientLocationAmountYearPurpose
    EUROPEAN CLIMATE FOUNDATION—$2,500,0002025PROJECT SUPPORT
    INT'L RESEARCH & EXCHANGES BOARD (IREX)WASHINGTON, DC$1,217,0002025PROJECT SUPPORT
    THE ENERGY FOUNDATIONSAN FRANCISCO, CA$1,000,0002025PROJECT SUPPORT
    SUNRISE PROJECT INC - USBROOKLYN, NY$1,000,0002025PROJECT SUPPORT
    EUROPEAN CLIMATE FOUNDATION—$1,000,0002025PROJECT SUPPORT
    AGENCE FRANCAISE DE DEVELOPPEMENT—$800,0002025PROJECT SUPPORT
    ROCKEFELLER PHILANTHROPY ADVISORS INCNEW YORK, NY$760,0002025PROJECT SUPPORT
    INT'L RESEARCH & EXCHANGES BOARD (IREX)WASHINGTON, DC$700,0002025PROJECT SUPPORT
    INT'L RESEARCH & EXCHANGES BOARD (IREX)WASHINGTON, DC$608,4952025PROJECT SUPPORT
    CLIMATE 2025—$575,0002025PROJECT SUPPORT
    CLIMATE 2025—$500,0002025PROJECT SUPPORT
    NEXT GROUP—$500,0002025CORE SUPPORT
    ALLIANCE FOR TRIBAL CLEAN ENERGYWASHINGTON, DC$500,0002025PROJECT SUPPORT
    GLOBAL GREENGRANTS FUNDBOULDER, CO$500,0002025PROJECT SUPPORT
    ACTION SPEAKS LOUDER—$500,0002025CORE SUPPORT
    CLIMATE 2025—$500,0002025PROJECT SUPPORT
    CLIMATEWORKS FOUNDATIONSAN FRANCISCO, CA$500,0002025PROJECT SUPPORT
    CLIMATEWORKS FOUNDATIONSAN FRANCISCO, CA$413,0002025PROJECT SUPPORT
    UNITED CHARITABLETYSONS, VA$350,0002025PROJECT SUPPORT
    EUROPEAN CLIMATE FOUNDATION—$350,0002025PROJECT SUPPORT
    FORENINGEN ACTER—$310,0002025CORE SUPPORT
    THE REGENTS OF CA - BERKELEYBERKELEY, CA$300,0002025PROJECT SUPPORT
    RABIA TRANSITIONS INITIATIVE—$300,0002025CORE SUPPORT
    CLIMATE BONDS INITIATIVE—$300,0002025CORE SUPPORT
    RECLAIM FINANCE—$300,0002025CORE SUPPORT
    INT'L RESEARCH & EXCHANGES BOARD (IREX)WASHINGTON, DC$282,0842025PROJECT SUPPORT
    GREENING YOUTH FOUNDATIONATLANTA, GA$280,0002025PROJECT SUPPORT
    350 ORGBOSTON, MA$265,0002025PROJECT SUPPORT
    POWERSHIFT AFRICA—$250,0002025CORE SUPPORT
    INDONESIA RESEARCH INSTITUTE FOR DECARBON (IRID)—$250,0002025CORE SUPPORT
    PEOPLE OF ASIA FOR CLIMATE SOLUTIONS (PACS)CUBAO$250,0002025CORE SUPPORT
    TRANSFORMA—$250,0002025CORE SUPPORT
    RENEWABLES FIRST—$250,0002025ER - PROJECT SUPPORT
    YAYASAN TREND ASIAKUNINGAN SETIABUDI$250,0002025CORE SUPPORT
    SUNRISE PROJECT INC - USBROOKLYN, NY$250,0002025PROJECT SUPPORT
    CLIMATE INTEGRATE—$250,0002025CORE SUPPORT
    ROCKEFELLER PHILANTHROPY ADVISORS INCNEW YORK, NY$250,0002025PROJECT SUPPORT
    REFORM INSTITUTE OF POLAND—$250,0002025CORE SUPPORT
    CALCEF INNOVATIONS - NEW ENERGY NEXUSOAKLAND, CA$250,0002025PROJECT SUPPORT
    CORPORATION FOR THE DEVELOPMENT OF ENERGY POLICIES FOR JUST TRANSITIONS—$250,0002025CORE SUPPORT
    THE REGENTS OF CA - BERKELEYBERKELEY, CA$250,0002025PROJECT SUPPORT
    CLIMATE 2025—$250,0002025CORE SUPPORT
    GLOBAL ENERGY MONITORSAN FRANCISCO, CA$250,0002025PROJECT SUPPORT
    WORLD ECONOMIC FORUM—$250,0002025PROJECT SUPPORT
    INTERNATIONAL NGO TRAINING RESEARCH CENTRE (INTRAC)—$246,4252025PROJECT SUPPORT
    MEKONG CENTER FOR CLIMATE FINANCE—$240,0002025PROJECT SUPPORT
    AGORA THINK TANKS GGMBH—$234,0002025PROJECT SUPPORT
    FONDAZIONE THINK TANK (ECCO)—$224,1632025CORE SUPPORT
    INITIATIVE FOR SOCIAL PERFORMANCE IN RENEWABLE ENERGY (INSPIRE)—$205,1502025CORE SUPPORT
    ENVIRONMENTAL DEFENSE FUNDNEW YORK, NY$200,0002025PROJECT SUPPORT

    EUROPEAN CLIMATE FOUNDATION

    $2,500,000
    2025

    PROJECT SUPPORT

    INT'L RESEARCH & EXCHANGES BOARD (IREX)

    $1,217,000
    WASHINGTON, DC2025

    PROJECT SUPPORT

    THE ENERGY FOUNDATION

    $1,000,000
    SAN FRANCISCO, CA2025

    PROJECT SUPPORT

    SUNRISE PROJECT INC - US

    $1,000,000
    BROOKLYN, NY2025

    PROJECT SUPPORT

    EUROPEAN CLIMATE FOUNDATION

    $1,000,000
    2025

    PROJECT SUPPORT

    AGENCE FRANCAISE DE DEVELOPPEMENT

    $800,000
    2025

    PROJECT SUPPORT

    ROCKEFELLER PHILANTHROPY ADVISORS INC

    $760,000
    NEW YORK, NY2025

    PROJECT SUPPORT

    INT'L RESEARCH & EXCHANGES BOARD (IREX)

    $700,000
    WASHINGTON, DC2025

    PROJECT SUPPORT

    INT'L RESEARCH & EXCHANGES BOARD (IREX)

    $608,495
    WASHINGTON, DC2025

    PROJECT SUPPORT

    CLIMATE 2025

    $575,000
    2025

    PROJECT SUPPORT

    CLIMATE 2025

    $500,000
    2025

    PROJECT SUPPORT

    NEXT GROUP

    $500,000
    2025

    CORE SUPPORT

    ALLIANCE FOR TRIBAL CLEAN ENERGY

    $500,000
    WASHINGTON, DC2025

    PROJECT SUPPORT

    GLOBAL GREENGRANTS FUND

    $500,000
    BOULDER, CO2025

    PROJECT SUPPORT

    ACTION SPEAKS LOUDER

    $500,000
    2025

    CORE SUPPORT

    CLIMATE 2025

    $500,000
    2025

    PROJECT SUPPORT

    CLIMATEWORKS FOUNDATION

    $500,000
    SAN FRANCISCO, CA2025

    PROJECT SUPPORT

    CLIMATEWORKS FOUNDATION

    $413,000
    SAN FRANCISCO, CA2025

    PROJECT SUPPORT

    UNITED CHARITABLE

    $350,000
    TYSONS, VA2025

    PROJECT SUPPORT

    EUROPEAN CLIMATE FOUNDATION

    $350,000
    2025

    PROJECT SUPPORT

    FORENINGEN ACTER

    $310,000
    2025

    CORE SUPPORT

    THE REGENTS OF CA - BERKELEY

    $300,000
    BERKELEY, CA2025

    PROJECT SUPPORT

    RABIA TRANSITIONS INITIATIVE

    $300,000
    2025

    CORE SUPPORT

    CLIMATE BONDS INITIATIVE

    $300,000
    2025

    CORE SUPPORT

    RECLAIM FINANCE

    $300,000
    2025

    CORE SUPPORT

    INT'L RESEARCH & EXCHANGES BOARD (IREX)

    $282,084
    WASHINGTON, DC2025

    PROJECT SUPPORT

    GREENING YOUTH FOUNDATION

    $280,000
    ATLANTA, GA2025

    PROJECT SUPPORT

    350 ORG

    $265,000
    BOSTON, MA2025

    PROJECT SUPPORT

    POWERSHIFT AFRICA

    $250,000
    2025

    CORE SUPPORT

    INDONESIA RESEARCH INSTITUTE FOR DECARBON (IRID)

    $250,000
    2025

    CORE SUPPORT

    PEOPLE OF ASIA FOR CLIMATE SOLUTIONS (PACS)

    $250,000
    CUBAO2025

    CORE SUPPORT

    TRANSFORMA

    $250,000
    2025

    CORE SUPPORT

    RENEWABLES FIRST

    $250,000
    2025

    ER - PROJECT SUPPORT

    YAYASAN TREND ASIA

    $250,000
    KUNINGAN SETIABUDI2025

    CORE SUPPORT

    SUNRISE PROJECT INC - US

    $250,000
    BROOKLYN, NY2025

    PROJECT SUPPORT

    CLIMATE INTEGRATE

    $250,000
    2025

    CORE SUPPORT

    ROCKEFELLER PHILANTHROPY ADVISORS INC

    $250,000
    NEW YORK, NY2025

    PROJECT SUPPORT

    REFORM INSTITUTE OF POLAND

    $250,000
    2025

    CORE SUPPORT

    CALCEF INNOVATIONS - NEW ENERGY NEXUS

    $250,000
    OAKLAND, CA2025

    PROJECT SUPPORT

    CORPORATION FOR THE DEVELOPMENT OF ENERGY POLICIES FOR JUST TRANSITIONS

    $250,000
    2025

    CORE SUPPORT

    THE REGENTS OF CA - BERKELEY

    $250,000
    BERKELEY, CA2025

    PROJECT SUPPORT

    CLIMATE 2025

    $250,000
    2025

    CORE SUPPORT

    GLOBAL ENERGY MONITOR

    $250,000
    SAN FRANCISCO, CA2025

    PROJECT SUPPORT

    WORLD ECONOMIC FORUM

    $250,000
    2025

    PROJECT SUPPORT

    INTERNATIONAL NGO TRAINING RESEARCH CENTRE (INTRAC)

    $246,425
    2025

    PROJECT SUPPORT

    MEKONG CENTER FOR CLIMATE FINANCE

    $240,000
    2025

    PROJECT SUPPORT

    AGORA THINK TANKS GGMBH

    $234,000
    2025

    PROJECT SUPPORT

    FONDAZIONE THINK TANK (ECCO)

    $224,163
    2025

    CORE SUPPORT

    INITIATIVE FOR SOCIAL PERFORMANCE IN RENEWABLE ENERGY (INSPIRE)

    $205,150
    2025

    CORE SUPPORT

    ENVIRONMENTAL DEFENSE FUND

    $200,000
    NEW YORK, NY2025

    PROJECT SUPPORT