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Advocates for Climate Innovation

Foundation · Grantmaker 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.

Key facts about Advocates for Climate Innovation

EIN
13-3748063
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$17,797,450
Grants made (2024)
24
Average grant
$741,560
Median grant
$75,000
New grantees (estimate)
24% first-time grantees (5 of 21, 2024)
Total assets
$7,472,703
Primary geography
New York (90% of itemized 2024 grant dollars)
Accepts unsolicited proposals
No
How to apply
ACI does not accept unsolicited proposals. Full details ↓

Data from IRS Form 990-PF, 2024; updated September 2026. New grantees are estimated by matching recipient names across years (methodology). Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.

Who Advocates for Climate Innovation funds

By grant dollars, the top recipient states for Advocates for Climate Innovation's 24 itemized 2024 grants were New York (90%). The most frequent recipient cities were Washington, DC (12 grants) and New York, NY (4 grants). 54% of grants with a stated purpose were for general or operating support. Recurring purposes include "Carbon Dioxide Removal" (4 grants).

Is Advocates for Climate Innovation open to new grantees?

24%

first-time grantees, 2024

In 2024, 5 of 21 grantees (24%) were first-time recipients. First grants averaged $3.2M; repeat grants $102K. How we count

Medians: $34K first-time, $75K repeat.

  • 71% of 2024 grantees were also funded in 2023. Method
  • Giving grew 334% from 2021 to 2024. Method

Estimate from itemized IRS Form 990-PF grant lists (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

Next steps with Advocates for Climate Innovation

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

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

Share of all 24 itemized 2024 grant dollars.

Cities

WashingtonNew YorkMinneapolisBostonOaklandRestonBronxUnderhillArlingtonEssex JunctionPrincetonSan Francisco

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———

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

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: $16.0MLinden Climate Fund Inc$16.0MWorld Resources Institute: $440K across 3 grantsWorld Resources Institute$440K · 3 grantsCarbon 180: $228KCarbon 180$228KNational Wildlife Federation: $175KNational Wildlife Federation$175KThe Nature Conservancy: $138KThe Nature Conservancy$138KBipartisan Policy Center: $100KBipartisan Policy Center$100KClean Air Task Force: $100KClean Air Task Force$100KDonor Advised Charitable Giving Inc: $100KDonor Advised CharitableGiving Inc$100KWorld Wildlife Fund: $100KWorld Wildlife Fund$100KEnergy Futures Initiative Inc: $75KEnergy Futures Initiative Inc$75K

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

Among its reported 2024 grants, the largest recipients include Linden Climate Fund Inc ($16,016,950), World Resources Institute ($440,000 across 3 grants), Carbon 180 ($227,500).

RecipientPurposeAmount
LINDEN CLIMATE FUND INC New York, NYENDOWMENT GRANT$16,016,950
CARBON 180 Oakland, CACARBON DIOXIDE REMOVAL$227,500
NATIONAL WILDLIFE FEDERATION Reston, VAADVANCING CDR$175,000
WORLD RESOURCES INSTITUTE Washington, DCCARBON REMOVAL ALLIANCE$175,000
WORLD RESOURCES INSTITUTE Washington, DCUNRESTRICTED GENERAL INSTITUTIONAL SUPPORT$150,000
THE NATURE CONSERVANCY Arlington, VAUNRESTRICTED GENERAL INSTITUTIONAL SUPPORT$138,000
WORLD RESOURCES INSTITUTE Washington, DCCARBON DIOXIDE REMOVAL$115,000
BIPARTISAN POLICY CENTER Washington, DCCARBON DIOXIDE REMOVAL$100,000
CLEAN AIR TASK FORCE Boston, MACDR - ZERO CARBON GOAL$100,000
DONOR ADVISED CHARITABLE GIVING INC San Francisco, CAGEOTHERMAL POWER PROGRAM$100,000

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 Ullman — Trustee (Appointed 12/13/2024), Chair: $632KRoger T UllmanTrustee (Appointed 12/13/2024)…$632K

From 2024 IRS 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

Frequently Asked Questions

What does Advocates for Climate Innovation fund?

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 remov…

How do I apply for a grant from Advocates for Climate Innovation?

ACI does not accept unsolicited proposals. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑

Where does Advocates for Climate Innovation make grants?

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

What size grants does Advocates for Climate Innovation award?

In 2024, Advocates for Climate Innovation awarded 24 grants totaling $17.8M — an average of about $742K per grant, based on its IRS Form 990 filings.

What is Advocates for Climate Innovation's EIN?

Advocates for Climate Innovation's EIN (Employer Identification Number) is 13-3748063. IRS Form 990 filing data is available on this page for 2020–2024.

Does Advocates for Climate Innovation accept unsolicited proposals?

No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑

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

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