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Advocates for Climate Innovation

NEW YORK, NY EIN: 13-3748063 Website

Advocates for Climate Innovation (ACI) is a private foundation based in New York, NY, focused on identifying and advancing transformative climate solutions through policy work and strategic funding. The organization was founded in 2006 as the Linden Trust for Conservation and rebranded in 2025 as Advocates for Climate Innovation. ACI operates as a 501(c)(3) organization and takes a proactive, hands-on approach to climate philanthropy, combining grant funding with substantial staff time and execution management.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$7.5M

-62.4% YoY

Annual Giving

$17.8M

+1042.0% YoY

Grant Count

24

+20.0% YoY

Avg Grant Size

$742K

+851.6% YoY

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

ACI seeks to contribute to solving the climate change problem by identifying transformative solutions that lack needed Federal policy support and then securing that policy. The organization pursues bipartisan approaches that create incentives to stimulate innovation.

The foundation is currently focused on two primary areas:

  1. Carbon Dioxide Removal — removing CO2 from the atmosphere as an urgently needed complement to emission reduction efforts. ACI has been working on carbon dioxide removal policy since 2017.

  2. Next-Generation Geothermal Power Production — a highly-promising complement to other clean-power production techniques. ACI began focusing on geothermal policy in 2023.

Grantmaking

ACI provides both funding and substantial staff time and execution management for its projects. The foundation generally takes the initiative in designing project objectives and recruiting both partner organizations and additional funders needed to achieve those objectives.

How to Apply

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Geographic Focus

Where this funder awards grants

ACI's funding activities have primarily focused on the United States, with particular emphasis on U.S. climate policy development.

Grant Distribution by State

8states

Cities

ArlingtonBostonBronxEssex JunctionMinneapolisNew YorkOaklandPrincetonRestonSan FranciscoUnderhillWashington

Financial History

Multi-year comparison from IRS filings

As of Fiscal Year 2024:

  • Total Assets: $7,472,703
  • Total Revenue: $7,878,009
  • Total Expenses: $19,900,000
  • Total Giving: $17,797,450
  • Total Liabilities: $220,000

Tax-Exempt Status: September 1994 EIN: 13-3748063

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$6M$11M$17M$22M20202021202220232024
Metric202420232022
Total Assets$7,472,703$19,852,346$19,599,051
Revenue$7,878,009$1,023,512$759,619
Expenses$19,879,505$4,072,533$4,519,810
Qualifying Distributions$20,227,723$3,658,759$4,344,146
Net Investment Income$1,035,680$297,422$477,334
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$4M$9M$13M$18M27 grants202028 grants202125 grants202220 grants202324 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

LINDEN CLIMATE FUND INC$16.0MCARBON 180$228KNATIONAL WILDLIFE FEDERA…$175KWORLD RESOURCES INSTITUTE$175KWORLD RESOURCES INSTITUTE$150KTHE NATURE CONSERVANCY$138KWORLD RESOURCES INSTITUTE$115KBIPARTISAN POLICY CENTER$100KCLEAN AIR TASK FORCE$100KDONOR ADVISED CHARITABLE…$100K

Grant Size Distribution

124 grants across all recorded years

47<$50K21$50–100K47$100–250K6$250–500K$500K–1M2$1–5M1$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Leadership team and compensation from IRS filings

ACI was founded in 2006 by Larry Linden and Roger Ullman. Linden is a former Partner at McKinsey and Goldman Sachs who holds a Ph.D. from MIT and a B.S.E. from Princeton. He originally started his family foundation in 1993, which changed its name to the Linden Trust for Conservation in 2005. Ullman is a former Managing Director at Merrill Lynch. The organization is led and staffed by a team of financial professionals with deep experience in investment and management.

Compensation Overview

From 2024 IRS filing

ROGER T ULLMANTRUSTEE (APPOINTED 12/13/202…$632K

From 2024 filing

NameTitleHoursCompensation
LAWRENCE H LINDENTRUSTEE40
DANA WECHSLER LINDENTRUSTEE (RESIGNED 12/13/2024)1
WILLIAM J ROBERTSTRUSTEE (APPOINTED 12/13/2024)1
ROGER T ULLMANTRUSTEE (APPOINTED 12/13/2024), CHAIR40$631,500

Recent News & Activity

Recent developments and announcements

2025

ACI rebranded from the Linden Trust for Conservation to Advocates for Climate Innovation in 2025, reflecting its evolution from a focus on conservation finance and environmental markets (until 2014) to a concentrated emphasis on U.S. climate policy (since 2015).

Announcing the 2023 CCAI Innovation Grants Awardees | Climate Change AI

The foundation has been recognized for its effectiveness as a rainmaker through its role in brokering substantial investments from other financial institutions and foundations to support large-scale climate and conservation projects.

Subject Areas

Focus areas based on grantmaking activity

Related Funders

Similar funders by location and focus area

Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.

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