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Climate United Fund

Public charity · Grantmaker Bethesda, MD EIN: 92-2069788 Website

Demonstrating the benefits of the clean enegy transition through investments in three priority areas - distributed power generation and storage, building decarbonization and electric transportation.

Key facts about Climate United Fund

In short: Climate United Fund gave $12.7M across 2 grants in 2025 (avg $6.4M), mostly in New York. Source: 2025 IRS Form 990.

EIN
92-2069788
Latest 990 filing
Form 990, 2025
Annual giving (2025)
$12,702,595
Grants made (2025)
2
Average grant
$6,351,298
Median grant
$6,351,298
Total assets
$7,023,978,887
Primary geography
New York (85% of itemized 2025 grant dollars)

Data from IRS Form 990, 2025; updated September 2026.

Financial Overview

From 2025 IRS Form 990 · View filing

Total Assets

$7.0B

+540919.0% YoY

Annual Giving

$12.7M

+3797.9% YoY

Grant Count

2

+100.0% YoY

Avg Grant Size

$6.4M

+1849.0% YoY

About Climate United Fund

Based on IRS filings

Climate United Fund is a public charity focused on Environment & Animals, based in Bethesda, MD. IRS filing data is available from 2023 through 2025. As of 2025, the organization holds $7.0B in total assets. In 2025, it awarded 2 grants totaling $12.7M. Net investment income was $1.7M.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

2states

Share of 2025 grant dollars across all 2 itemized grants.

Cities

New YorkDurham

Giving Over Time

Total grant dollars and number of grants per year

$0$5M$10M$15M2 grants2023 1 grant2024 2 grants2025

From 2023 to 2025, annual grant giving ranged from $300K (2023) to $12.7M (2025). In 2025 it made 2 grants totaling $12.7M.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2025

CPC Climate Capital LLC: $10.7MCPC Climate Capital LLC$10.7MSelf-Help Climate Capital LLC: $2.0MSelf-Help Climate Capital LLC$2.0M

The largest 2025 recipient was CPC Climate Capital LLC ($10.7M). Together the top 2 received $12.7M.

Grant Size Distribution

5 grants across all recorded years

<$50K$50–100K2$100–250K1$250–500K$500K–1M1$1–5M1$5M+

The most common grant size was in the $100–250K range: 2 grants of 5 (40%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
CPC Climate Capital LLC New York, NYSupport for National Clean Investment Fund Grant$10,745,035
Self-Help Climate Capital LLC Durham, NCSupport for National Clean Investment Fund Grant$1,957,560

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Net Investment Income
$0$20M$40M$60M2023 2024 2025
Metric202520242023
Total Assets$7,023,978,887$1,298,287$557,761
Revenue$48,862,682$466,110$1,301,618
Expenses$27,766,639$1,829,410$751,344
Net Investment Income$1,735,440$16,110$3,203

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990 for fiscal year 2024 (received by the IRS May 23, 2025)
  2. Updated Form 990 for fiscal year 2025 (received by the IRS July 22, 2026)
  3. Updated Form 990 for fiscal year 2023 (received by the IRS May 1, 2025)
  4. Added Form 990 for fiscal year 2025 (received by the IRS May 15, 2026)
  5. IRS filings on file for fiscal years 2023–2024

Leadership & Key People

Officers and directors from IRS filings

Climate United Fund is led by Elizabeth Bafford, CEO & President on every filing since 2023; 8 of 24 officers listed in 2025 are compensated.

Officers on the 2025 filing

  • Elizabeth Bafford

    CEO & President

    On filings since 2023

    35 hrs/week

    $314K (2025)

  • Jennifer Pryce

    Director & Chair

    President & CEO → Director & Chair, 2024

    On filings since 2023

    1 hr/week

    No compensation reported

  • Kevin Fanfoni

    Director of Investments

    New on the 2025 filing

    30 hrs/week

    $113K (2025)

  • Andrew Marino

    Director

    On filings since 2024

    1 hr/week

    No compensation reported

  • Brendan Herron

    Director

    On filings since 2024

    1 hr/week

    No compensation reported

  • Crystal German

    Director

    On filings since 2024

    1 hr/week

    No compensation reported

  • Dolores Huerta

    Director

    On filings since 2024

    1 hr/week

    No compensation reported

  • Harold Pettigrew

    Director

    On filings since 2024

    1 hr/week

    No compensation reported

  • Lori Lea Pourier Ogala Lakota

    Director

    On filings since 2024

    1 hr/week

    No compensation reported

  • Martin D. Eakes

    Director

    On filings since 2024

    1 hr/week

    No compensation reported

  • Meesha Brown

    Director

    On filings since 2024

    1 hr/week

    No compensation reported

  • Mindy Lubber

    Director

    On filings since 2024

    1 hr/week

    No compensation reported

  • Patrice Willoughby

    Director

    On filings since 2024

    1 hr/week

    No compensation reported

  • Phil Angelides

    Director

    On filings since 2024

    1 hr/week

    No compensation reported

  • Rafael E. Cestero

    Director

    On filings since 2024

    1 hr/week

    No compensation reported

  • Renee Sattiewhite

    Director

    On filings since 2024

    1 hr/week

    No compensation reported

  • Sadie McKeown

    Director

    On filings since 2024

    1 hr/week

    No compensation reported

  • Deborah Burand

    Director

    New on the 2025 filing

    1 hr/week

    No compensation reported

  • Emmeline Liu

    General Counsel

    Secretary → Secretary & General Counsel, 2024

    Secretary & General Counsel → General Counsel, 2025

    On filings since 2023

    22 hrs/week

    $145K (2025)

  • Anthony Costello

    Chief Oper. Officers

    New on the 2025 filing

    40 hrs/week

    $101K (2025)

  • Cortney Mukushi

    Associate General Counsel

    New on the 2025 filing

    33 hrs/week

    $116K (2025)

  • Krystal Langholz

    Chief Community Officer

    New on the 2025 filing

    32 hrs/week

    $137K (2025)

  • Michael Grossman

    Chief Invest. Officer

    New on the 2025 filing

    40 hrs/week

    $175K (2025)

  • Stephanie Seiberg

    Vice President, Acct & Finance

    New on the 2025 filing

    40 hrs/week

    $50K (2025)

Former officers (3)
  • Former: Frederick B. Bart Harvey III (2024) — Director & Chair
  • Former: Bart Harvey (2023) — Chairman
  • Former: Derek Strocher (2023) — Chief Financial Officer

Data from IRS Form 990 filings, 2023–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2025 IRS filing

Elizabeth Bafford — CEO and President: $314KElizabeth BaffordCEO and President$314KMichael Grossman — Chief Invest. Officer (From 06/24): $175KMichael GrossmanChief Invest. Officer (From…$175KEmmeline Liu — General Counsel: $145KEmmeline LiuGeneral Counsel$145KKrystal Langholz — Chief Community Officer: $137KKrystal LangholzChief Community Officer$137KCortney Mukushi — Assoc. General Counsel (From 05/24): $116KCortney MukushiAssoc. General Counsel (From…$116KKevin Fanfoni — Director of Investments: $113KKevin FanfoniDirector of Investments$113KAnthony Costello — Chief Oper. Officers (From 09/24): $101KAnthony CostelloChief Oper. Officers (From…$101KStephanie Seiberg — VP, Acct & Fin (Until 6/25): $50KStephanie SeibergVP, Acct & Fin (Until 6/25)$50K

The highest reported compensation on the 2025 filing was $314K, to Elizabeth Bafford (CEO and President). 8 officers or directors reported compensation on that filing.

Frequently asked questions about Climate United Fund

How much does Climate United Fund give each year?

Climate United Fund gave $12.7M across 2 grants in 2025, according to its 2025 IRS Form 990. In 2024 it gave $326K across 1 grant.

How large is Climate United Fund?

Climate United Fund reported $7.0B in total assets on its 2025 IRS Form 990. Its revenue that year was $48.9M.

What is Climate United Fund?

Climate United Fund is a public charity focused on Environment & Animals, based in Bethesda, MD. It holds $7.0B in total assets as of 2025.

Where does Climate United Fund operate?

Climate United Fund has awarded grants in North Carolina, New York.

What is Climate United Fund's EIN?

Climate United Fund's EIN (Employer Identification Number) is 92-2069788. IRS Form 990 filing data is available on this page for 2023–2025.

Data last updated September 2026. Sourced from IRS Form 990 filings.

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