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 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
Regional43 states funded
About 1% of grants go to recipients in VT.
Funding intensity
LowHigh
Headquarters
Funding intensity
LowHigh
Where Growald Climate Fund Funds
Top 10 recipient countries by grant volume for Growald Climate Fund.
| Rank | Country | Grants | Total | Share |
|---|---|---|---|---|
| 1 | United StatesDomestic | 411 | $29M | 69.1% |
| 2 | United Kingdom |
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