Project Drawdown
Project Drawdown's mission is to drive meaningful climate action by advancing science-based solutions and strategies. Project Drawdown's work is focused on three pillars: science - advancing science-based climate solutions and strategies; stakeholders - engaging key stakeholders and empowering bold climate leadership; and stories - telling human stories of solutions in action.
Project Drawdown at a glance
- Total assets
- $8,771,591
- +2.7% vs 2024
- Revenue (2025)
- $5,751,670
- -30.4% vs 2024
- Net investment income (2025)
- $202,947
- -3.7% vs 2024
- Expenses (2025)
- $5,560,012
- +24.1% vs 2024
- Latest 990 filing
- Form 990, 2025 View filing
Data from IRS Form 990, 2025; updated September 2026.
Who Project Drawdown funds
Giving History
Giving Over Time
Total grant dollars and number of grants per year
In 2020 it made 1 grant totaling $8K.
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2025 | $8,771,591 | $5,751,670 | $5,560,012 | — | — | $202,947 |
| 2024 | $8,543,786 | $8,269,185 | $4,479,322 | — | — | $210,709 |
| 2023 | $4,623,077 | $5,275,472 | $5,081,083 | — | — | $102,411 |
| 2022 | $3,757,123 | $3,658,202 | $4,771,219 | — | — | $3,270 |
| 2021 | $4,426,506 | $4,278,877 | $3,910,473 | — | — | $176 |
| 2020 | $4,001,897 | $5,648,661 | $2,517,177 | $7,500 | 1 | $-6,634 |
About Project Drawdown
Based on IRS filings
Project Drawdown is a public charity focused on Education, based in Saint Paul, MN. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $8.8M in total assets. Net investment income was $203K.
Focus Areas
Leadership & Key People
Officers and directors from IRS filings
Project Drawdown is led by Stephan Nicoleau, Chair since 2024 (on filings since 2021); 5 of 12 officers listed in 2025 are compensated.
Officers on the 2025 filing
Stephan Nicoleau
Chair
Director → President, 2023
President → Chair, 2024
On filings since 2021
1 hr/week
No compensation reported
Elizabeth Bagley
Managing Director
On filings since 2022
40 hrs/week
$47K (2022) → $228K (2025)
Reshma Pattni
Finance Director
Operations Director → Finance Director, 2024
On filings since 2023
40 hrs/week
$159K (2023) → $174K (2025)
Bradley Palmer
Director
President → Chairman, 2023
Chairman → Director, 2024
On filings since 2020
0.5 hrs/week
No compensation reported
Laura Turner Seydel
Director
On filings since 2020
0.5 hrs/week
No compensation reported
Peggy Liu
Director
Treasurer → Director, 2023
On filings since 2020
0.5 hrs/week
No compensation reported
Angela Mwanza
Director
On filings since 2023
0.5 hrs/week
No compensation reported
Lola Woetzel
Director
On filings since 2024
0.5 hrs/week
No compensation reported
Jonathan Foley
Executive Di
Executive Director → Executive Di, 2024
On filings since 2020
40 hrs/week
$416K (2020) → $420K (2025)
Tood Reubold
Marketing Di
Marketing Director → Marketing Di, 2024
On filings since 2021
40 hrs/week
$186K (2021) → $195K (2025)
Matthew Scott
Engagement D
Director → Engagement D, 2024
On filings since 2023
40 hrs/week
$160K (2023) → $170K (2025)
Jennifer Caldwell
Secretary
On filings since 2020
1 hr/week
No compensation reported
Former officers (11)
- Former: Jonathan Woetzal (2020–2023) — Director
- Former: Jamie Alexander (2022–2023) — Drawdown Labs
- Former: Kristall Laursen (2022–2023) — Development Director
- Former: Kristen Patterson (2022–2023) — Drawdwn Lift
- Former: Martin O'Malley (2020–2022) — Director
- Former: Matthew Shambroom (2020–2022) — Operations Director
- Former: Chad Frischmann (2020–2021) — Senior Director
- Former: Crystall Chissell (2020–2021) — Senior Director
- Former: Janine Benyus (2020) — Director
- Former: Katherine Wilkinson (2020) — Vice President
- Former: Peter Byck (2020) — Director
Data from IRS Form 990 filings, 2020–2025. "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
The highest reported compensation on the 2025 filing was $420K, to Jonathan Foley (Executive Di). 5 officers or directors reported compensation on that filing.
Frequently asked questions about Project Drawdown
How large is Project Drawdown?
Project Drawdown reported $8.8M in total assets on its 2025 IRS Form 990. Its revenue that year was $5.8M.
What is Project Drawdown?
Project Drawdown is a public charity focused on Education, based in Saint Paul, MN. It holds $8.8M in total assets as of 2025.
Where does Project Drawdown operate?
Project Drawdown has awarded grants in New York.
What is Project Drawdown's EIN?
Project Drawdown's EIN (Employer Identification Number) is 38-3705448. IRS Form 990 filing data is available on this page for 2020–2025.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(2)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2020 (received by the IRS November 15, 2021)
- Added Form 990 for fiscal year 2025 (received by the IRS July 27, 2026)
Live grants for the work Project Drawdown funds
Education Open opportunities, soonest deadline first.
- Creative Impact Grants $500 - $2,500 · Due October 19, 2026
- Community and School Grants $28,000 total pool; 10-15 grants expected · Due October 19, 2026
- Mary Pinola/Crescenta Valley Chamber Education Fund $500 - $5,000 for ongoing programs; up to $15,000 for Strategic Initiative Grants · Due October 19, 2026
Explore Open Grants
Browse active grant opportunities in Project Drawdown's focus areas in our free grants database
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Project Drawdown down — hundreds of funders to go?