The foundation deploys very large, strategic gifts primarily through donor-advised funds and philanthropic intermediaries to accelerate climate and clean-energy transitions, ocean and land conservation, and a smaller set of social-justice and health innovations. Its giving is largely project-focused and channeled through fiscal sponsors, environmental NGOs, and grantmaking vehicles rather than direct frontline service providers, indicating a preference for systems-level, scalable interventions.
The Carl Victor Page Memorial Foundation’s recent giving is anchored by very large, intermediary-led grants, including two eight-figure awards to National Philanthropic Trust for donor-advised fund support and general charitable purpose. That pattern sets the tone for a foundation that moves substantial capital through philanthropic vehicles rather than relying mainly on small, direct grants. Across the recent record, it supports climate and clean-energy transition work, marine and ocean conservation, land restoration, and a smaller set of criminal-justice, health, and research initiatives. The foundation’s largest recent grants also show how it works at scale: $275 million to National Philanthropic Trust in 2023 and $235 million in 2025, alongside $218 million to Schwab Charitable Fund in 2024. Beyond those intermediary grants, it backs organizations working on renewable energy policy and deployment, coral reef science, global fisheries monitoring, and land mapping. Its portfolio also includes targeted support for clean slate efforts for formerly incarcerated people and projects tied to migrant worker safety and mobility. Leadership is tied to Lawrence Page, who serves as director, chairman, and president.
Climate and energy is a central theme. The foundation gave $20 million to Stichting European Climate Foundation for general support, then added $3 million in 2024 and $2.15 million in 2025 for work to accelerate and expand wind and solar power. It also provided $10 million to Climate Breakthrough Inc for general operating support and $4 million to The Energy Foundation for general support. Marine and ocean work appears through several large gifts. In 2025, it gave $6 million to Rockefeller Philanthropy Advisors Inc for projects carrying out ecological priorities identified by marine scientists, $3 million each year to Global Fishing Watch, and $2 million to Great Barrier Reef Foundation USA Inc for research and technological advancements for coral reefs in Australia. It also supports land and data systems. World Resources Institute received $4.75 million in both 2024 and 2025 for land restoration, and Avina Americas Inc received $1.5 million for comprehensive land maps. For justice work, Clean Slate Initiative Inc received $1 million in 2025, following a $1 million 2024 grant to New Venture Fund for a clean slate initiative for formerly incarcerated individuals.
$285.3M
$4.5B
$798.6M
$322M
Most grants fall between $1M and $8.7M, with a median of $2.5M.
25th Percentile
$1M
Median
$2.5M
75th Percentile
$8.7M
About 33% of grants go to recipients in MA.
LAWRENCE PAGE
DIRECTOR, CHAIRMAN & PRESIDENT
Top 3 recipient countries by grant volume for Carl Victor Page Memorial Foundation.
| Rank | Country | Grants | Total | Share |
|---|---|---|---|---|
| 1 | United StatesDomestic | 31 | $811.8M | 88.6% |
| 2 | Netherlands | 3 | $25.2M |
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Highly concentrated, large-dollar grants (several nine- and eight-figure gifts) with repeated funding to major philanthropic intermediaries and a mix of multi- and single-project grants to climate and conservation organizations; favors channeling capital through DAFs and public foundations rather than many small awards to grassroots groups.
Notable grantees: National Philanthropic Trust, Schwab Charitable Fund, Stichting European Climate Foundation, Global Fishing Watch, Windward Fund
Typical grants are large: the 25th percentile is $1,004,093, the median is $2,500,000, and the 75th percentile is $8,687,500. The recent record is also repetitive at the intermediary level, with National Philanthropic Trust appearing across 2023, 2024, and 2025, and World Resources Institute, Global Fishing Watch, and Stichting European Climate Foundation each receiving multiple awards. The foundation gives through grantmaking intermediaries, fiscal sponsors, and operating-support grants, with a mix of general support and project support. It does not fund individuals and makes no program-related investments.
Grant recipients are overwhelmingly in the United States, with 31 of 35 recent grants going to U.S. organizations and 3 to the Netherlands. Washington, DC appears frequently among recipients, including Rockefeller Philanthropy Advisors, World Resources Institute, Global Fishing Watch, and People’s Courage International. California recipients include Climate Breakthrough in Berkeley, The Energy Foundation and The Tides Center in San Francisco, and the University of California Berkeley Foundation. Outside the U.S., Stichting European Climate Foundation appears in the Netherlands, including The Hague and Rotterdam-area listings.
It gives substantial support to grantmaking intermediaries and philanthropic vehicles, including National Philanthropic Trust, Schwab Charitable Fund, Rockefeller Philanthropy Advisors, New Venture Fund, and The Tides Center. It also funds environmental and climate groups, marine-conservation organizations, and a smaller set of criminal-justice, health, and research projects.
Recent grants are large. The 25th percentile is $1,004,093, the median is $2,500,000, and the 75th percentile is $8,687,500. The foundation’s recent awards include many multimillion-dollar gifts and several eight-figure grants.
Yes. National Philanthropic Trust received grants in 2023, 2024, and 2025. World Resources Institute received $4.75 million in both 2024 and 2025, Global Fishing Watch received $3 million in 2024 and again in 2025, and Stichting European Climate Foundation appears in multiple recent awards as well.
Its grantmaking is national, with 31 of 35 recent grants to U.S. recipients and 3 to recipients in the Netherlands. California accounts for 33% of grants to the foundation’s HQ state, but its most frequent recipient state is Massachusetts.
Climate and energy, marine conservation, land restoration, clean slate / reentry work, and research are all visible in the recent record. Examples include wind and solar transition work, coral reef and fisheries projects, land mapping and restoration, and genomics research at the University of California Berkeley Foundation.
2025
Source: IRS Form 990-PF, fiscal year 2025.
8.6% |
| 3 | Brazil | 1 | $10M | 2.9% |
Recipient country reflects the grantee's headquarters per IRS 990-PF and Schedule F filings, not the program's implementation country.
Most recent grants reported to the IRS.
| Recipient | Location | Amount | Year | Purpose |
|---|---|---|---|---|
| NATIONAL PHILANTHROPIC TRUST | Jenkintown, PA | $235,000,000 | 2025 | General grant-making support for a donor-advised fund |
| CLIMATE BREAKTHROUGH INC | Berkeley, CA | $10,000,000 | 2025 | General operating support |
| FOOD FOR EDUCATION FOUNDATION INC | Milwaukee, WI | $8,000,000 | 2025 | General operating support |
| ROCKEFELLER PHILANTHROPY ADVISORS INC | New York, NY | $6,000,000 | 2025 | Project support to provide funding for projects carrying out ecological priorities identified by marine scientists |
| WINDWARD FUND | Washington, DC | $6,000,000 | 2025 | Project support for an interdisciplinary network to create and advance developments in the energy, agriculture, and waste sectors |
| WORLD RESOURCES INSTITUTE | Washington, DC | $4,750,000 | 2025 | Project support for land restoration |
| GLOBAL FISHING WATCH | Washington, DC | $3,000,000 | 2025 | General Support |
| STICHTING EUROPEAN CLIMATE FOUNDATION | The Hague | $2,150,000 | 2025 | Project support to help expand availability of wind and solar power |
| GREAT BARRIER REEF FOUNDATION USA INC | Washington, DC | $2,000,000 | 2025 | Project support for research and the implementation of technological advancements for coral reefs in Australia |
| EVERY CURE INC | Kansas City, MO | $2,000,000 | 2025 | General operating support |
| AVINA AMERICAS INC | Washington, DC | $1,500,000 | 2025 | Project support to increase the availability and accessibility of comprehensive land maps |
| NATIONAL PHILANTHROPIC TRUST | Jenkintown, PA | $1,262,880 | 2025 | General grant-making support for a donor-advised fund |
| CLEAN SLATE INITIATIVE INC | Orlando, FL | $1,000,000 | 2025 | General support |
| AFRICAN ENTREPRENEURSHIP COLLECTIVE dba INKOMOKO | Clinton, WA | $1,000,000 | 2025 | General operating support |
| UNIVERSITY OF CALIFORNIA BERKELEY FOUNDATION | Berkeley, CA | $750,000 | 2025 | Project support for genomics research |
| UPSTREAM USA INC | Boston, MA | $500,000 | 2025 | General support |
| THINK OF US | Washington, DC | $400,000 | 2025 | General support |
| SCHWAB CHARITABLE FUND | SAN FRANCISCO, CA | $218,000,000 | 2024 | Grantmaking support aimed at protecting the planet, alleviating poverty, promoting equity and improving healthcare |
| STICHTING EUROPEAN CLIMATE FOUNDATION | — | $20,000,000 | 2024 | General Support |
| RF CATALYTIC CAPITAL INC | NEW YORK, NY | $15,000,000 | 2024 | Project support to help bridge the gap between federal investments and communities in the United States |
| INSTITUTO CLIMA E SOCIEDADE | RIO DE JANEIRO, RJ | $10,000,000 | 2024 | General Support |
| WORLD RESOURCES INSTITUTE | WASHINGTON, DC | $4,750,000 | 2024 | Project support for land restoration |
| THE ENERGY FOUNDATION | SAN FRANCISCO, CA | $4,000,000 | 2024 | General Support |
| GLOBAL FISHING WATCH | WASHINGTON, DC | $3,000,000 | 2024 | General Support |
| STICHTING EUROPEAN CLIMATE FOUNDATION | — | $3,000,000 | 2024 | Project support to help accelerate the global transition to wind and solar power |
| PEOPLE'S COURAGE INTERNATIONAL INC | WASHINGTON, DC | $2,000,000 | 2024 | Project support for a multi-stakeholder, collaborative effort to ensure safety, security, and mobility for vulnerable internal migrant workers living in countries outside of the United States |
| THE TIDES CENTER | SAN FRANCISCO, CA | $2,000,000 | 2024 | Project support to promote movement infrastructure |
| NATIONAL PHILANTHROPIC TRUST | JENKINTOWN, PA | $1,096,584 | 2024 | general grantmaking support |
| NEW VENTURE FUND | WASHINGTON, DC | $1,000,000 | 2024 | Project support for a clean slate initiative for formerly incarcerated individuals |
| UNIVERSITY OF CALIFORNIA BERKELEY FOUNDATION | BERKELEY, CA | $750,000 | 2024 | Project support for genomics research |
| THINK OF US | WASHINGTON, DC | $500,000 | 2024 | General Support |
| UPSTREAM USA | BOSTON, MA | $500,000 | 2024 | General Support |
| NATIONAL PHILANTHROPIC TRUST | JENKINTOWN, PA | $275,000,000 | 2023 | GENERAL CHARITABLE PURPOSE |
| NATIONAL PHILANTHROPIC TRUST | JENKINTOWN, PA | $1,016,372 | 2023 | GENERAL CHARITABLE PURPOSE |
| AMERICAN CANCER SOCIETY | SAN FRANCISCO, CA | $1,000 | 2023 | GENERAL CHARITABLE PURPOSE |
NATIONAL PHILANTHROPIC TRUST
$235,000,000General grant-making support for a donor-advised fund
CLIMATE BREAKTHROUGH INC
$10,000,000General operating support
FOOD FOR EDUCATION FOUNDATION INC
$8,000,000General operating support
ROCKEFELLER PHILANTHROPY ADVISORS INC
$6,000,000Project support to provide funding for projects carrying out ecological priorities identified by marine scientists
WINDWARD FUND
$6,000,000Project support for an interdisciplinary network to create and advance developments in the energy, agriculture, and waste sectors
WORLD RESOURCES INSTITUTE
$4,750,000Project support for land restoration
GLOBAL FISHING WATCH
$3,000,000General Support
STICHTING EUROPEAN CLIMATE FOUNDATION
$2,150,000Project support to help expand availability of wind and solar power
GREAT BARRIER REEF FOUNDATION USA INC
$2,000,000Project support for research and the implementation of technological advancements for coral reefs in Australia
EVERY CURE INC
$2,000,000General operating support
AVINA AMERICAS INC
$1,500,000Project support to increase the availability and accessibility of comprehensive land maps
NATIONAL PHILANTHROPIC TRUST
$1,262,880General grant-making support for a donor-advised fund
CLEAN SLATE INITIATIVE INC
$1,000,000General support
AFRICAN ENTREPRENEURSHIP COLLECTIVE dba INKOMOKO
$1,000,000General operating support
UNIVERSITY OF CALIFORNIA BERKELEY FOUNDATION
$750,000Project support for genomics research
UPSTREAM USA INC
$500,000General support
THINK OF US
$400,000General support
SCHWAB CHARITABLE FUND
$218,000,000Grantmaking support aimed at protecting the planet, alleviating poverty, promoting equity and improving healthcare
STICHTING EUROPEAN CLIMATE FOUNDATION
$20,000,000General Support
RF CATALYTIC CAPITAL INC
$15,000,000Project support to help bridge the gap between federal investments and communities in the United States
INSTITUTO CLIMA E SOCIEDADE
$10,000,000General Support
WORLD RESOURCES INSTITUTE
$4,750,000Project support for land restoration
THE ENERGY FOUNDATION
$4,000,000General Support
GLOBAL FISHING WATCH
$3,000,000General Support
STICHTING EUROPEAN CLIMATE FOUNDATION
$3,000,000Project support to help accelerate the global transition to wind and solar power
PEOPLE'S COURAGE INTERNATIONAL INC
$2,000,000Project support for a multi-stakeholder, collaborative effort to ensure safety, security, and mobility for vulnerable internal migrant workers living in countries outside of the United States
THE TIDES CENTER
$2,000,000Project support to promote movement infrastructure
NATIONAL PHILANTHROPIC TRUST
$1,096,584general grantmaking support
NEW VENTURE FUND
$1,000,000Project support for a clean slate initiative for formerly incarcerated individuals
UNIVERSITY OF CALIFORNIA BERKELEY FOUNDATION
$750,000Project support for genomics research
THINK OF US
$500,000General Support
UPSTREAM USA
$500,000General Support
NATIONAL PHILANTHROPIC TRUST
$275,000,000GENERAL CHARITABLE PURPOSE
NATIONAL PHILANTHROPIC TRUST
$1,016,372GENERAL CHARITABLE PURPOSE
AMERICAN CANCER SOCIETY
$1,000GENERAL CHARITABLE PURPOSE